《中国经营报》记者了解到，在规范涉企行政执法专项行动开展期间，黑龙江黑河嫩江市工作专班调研 发现了企业面临的问题。市工作专班将此列为专项行动重点攻坚事项，交市政府行政执法协调监督局协 调推动问题破解。 1月14日，司法部发布规范涉企行政执法专项行动为民办实事典型案例（第三批）。黑龙江黑河嫩江市 这起案例入选。在该案例中，行政执法协调监督部门和农业执法部门推行"送检入企"主动服务模式，将 农机年检从"企业送检"变为"上门施检"，有效保障农时、降低企业成本。 黑龙江黑河嫩江市是全国产粮大县和重要商品粮基地，域内有北大荒农垦集团九三分公司、中储粮北方 公司等多家核心农业生产企业。然而，这些企业长期面临大型农机转场不便、往返城区年检耗时耗力、 春耕秋收季时间紧张等农机年检难题。 记者注意到，1月14日发布的这批案例涵盖吉林、黑龙江、福建、江西、山东、河南、云南、宁夏等省 （自治区），涉及执法模式创新、审批服务优化、权益保障强化等多个维度，集中展现了各地在规范涉 企行政执法中"问需于企、精准施策"的生动实践。 司法部相关负责人介绍，规范涉企行政执法专项行动深入开展以来，各地在严肃纠治执法乱象的基础 上，更加注重源头治理 ...

Core Viewpoint - Xi'an Bolet Technology Co., Ltd. (referred to as "Bolet") is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, following previous regulatory warnings regarding financial reporting inaccuracies [2][8]. Group 1: Regulatory Warnings - Bolet has faced regulatory scrutiny twice in the past year, first in January 2025 for prematurely recognizing revenue on certain products before control was transferred, leading to inaccurate financial statements [3][4]. - The company received a warning from the Shaanxi Securities Regulatory Bureau, which identified that Bolet's chairman and CFO bore primary responsibility for the violations [3][4]. Group 2: Financial Adjustments - Following regulatory warnings, Bolet announced a comprehensive review and adjustment of its financial reports, including the 2023 annual report and the first three quarterly reports of 2024 [6][7]. - The adjustments revealed that Bolet had overstated its 2023 revenue by 79.94 million yuan, which accounted for 6.48% of total revenue, and overstated profits by 33.54 million yuan, representing 24.80% of total profits [6][7]. Group 3: Investigation and Consequences - On January 1, 2026, Bolet announced it had received a formal notice of investigation from the CSRC, which may relate to the previous regulatory warnings and could involve undisclosed violations [8][9]. - The company has committed to cooperating with the investigation and fulfilling its disclosure obligations, although specific details regarding the investigation have not been disclosed [8][9].

Core Insights - Alibaba's Qianwen App is undergoing a significant update, integrating over 400 AI service functions across its ecosystem, including Taobao, Alipay, and Fliggy, marking a shift from conversational AI to practical applications [1] Group 1: Product Development - The Qianwen App aims to become a personal AI assistant capable of handling various tasks such as food delivery, shopping, and travel bookings, with a vision to create a comprehensive AI lifestyle entry point [1] - The app has achieved over 100 million monthly active users shortly after its launch, indicating rapid user adoption and engagement [1] Group 2: Market Positioning - The update signifies a strategic move in the competition for AI super entry points, transitioning the focus from entertainment to practical utility in AI applications [1] - Industry experts view this rapid development as a critical step in establishing a competitive edge in the AI market [1]

Core Viewpoint - Luoyang Molybdenum Co., Ltd. (603993.SH, 03993.HK) is expected to achieve a net profit of 20 billion to 20.8 billion yuan in 2025, marking the first time the company's annual profit exceeds 20 billion yuan, with a year-on-year increase of 47.80% to 53.71% [1] Financial Performance - The company anticipates a net profit attributable to shareholders of 20 billion to 20.8 billion yuan, an increase of 6.468 billion to 7.268 billion yuan year-on-year [1] - The non-recurring net profit is projected to be 20.4 billion to 21.2 billion yuan, reflecting a year-on-year increase of 7.281 billion to 8.081 billion yuan [1] - The growth rates for the non-recurring net profit are expected to be between 55.5% and 61.6% [1] Production Guidance - For 2026, Luoyang Molybdenum has provided production guidance of 760,000 to 820,000 tons of copper, 100,000 to 120,000 tons of cobalt, 11,500 to 14,500 tons of molybdenum, 6,500 to 7,500 tons of tungsten, 10,000 to 11,000 tons of niobium, 1.05 million to 1.25 million tons of phosphate fertilizer, and 6 to 8 tons of gold [1] - The company expects a physical trade volume of 4 million to 4.5 million tons [1] Project Development - Luoyang Molybdenum is actively advancing the construction of the KFM Phase II project in the Democratic Republic of the Congo, which is expected to add an annual copper production capacity of 100,000 tons upon its completion in 2027 [1]

Core Insights - Alibaba's Qianwen App has undergone a significant update, integrating over 400 AI service functions and connecting with various Alibaba platforms, marking a shift from conversational AI to practical applications [1][2] - The app has achieved over 100 million monthly active users, indicating rapid user growth and excitement for future developments [1][2] - The integration aims to create a comprehensive AI assistant capable of handling various daily tasks, thus enhancing user experience and engagement [1][4] Group 1: AI Functionality and Integration - Qianwen App can now facilitate tasks such as ordering food, booking flights, and making hotel reservations through seamless integration with Alibaba's ecosystem [2][3] - Users can input requests in natural language, and the app will automatically process orders, payments, and provide recommendations based on real-time data [2][3] - The app's ability to understand user intent and provide tailored recommendations enhances its utility, making it a powerful tool for consumers [3][4] Group 2: Strategic Implications - The upgrade represents a crucial step in Alibaba's AI strategy, positioning the company in the competitive landscape of AI super applications [4][5] - The focus is shifting from merely having advanced AI models to effectively utilizing them within a comprehensive ecosystem, emphasizing practical applications in daily life [5][6] - Industry experts note that while Alibaba has a robust ecosystem, challenges remain in achieving seamless internal collaboration and user engagement [6][7] Group 3: Competitive Landscape - The competition among major players like Alibaba, ByteDance, and Tencent is characterized by their unique strengths: Alibaba excels in transaction capabilities, ByteDance in content and user engagement, and Tencent in social connectivity [6][7] - The ongoing battle for the "super entrance" in AI applications will depend on who can effectively integrate AI into real-world transactions and services [6][7] - The current market dynamics suggest a differentiation where Alibaba focuses on transactions, ByteDance on content, and Tencent on social interactions, shaping the future of AI applications [6][7]

Core Viewpoint - The State Grid Corporation plans to invest 4 trillion yuan during the "14th Five-Year Plan" period, representing a 40% increase compared to the previous plan, aimed at enhancing the new energy system's industrial chain and supply chain development [1] Investment and Development Plans - The company aims to achieve an average annual increase of 20 million kilowatts in installed capacity for wind and solar energy in its operational areas [1] - The goal is to raise the share of non-fossil energy consumption to 25% and the proportion of electricity in final energy consumption to 35% [1] - The company will optimize the layout of pumped storage stations to support the large-scale development of new energy storage [1] Infrastructure and Network Enhancements - The plan includes the construction of a new type of grid platform that integrates main and distribution networks, further solidifying the "West-to-East Power Transmission" and "North-to-South Power Supply" networks [1] - The construction of ultra-high voltage direct current transmission channels will accelerate, with cross-regional and cross-provincial transmission capacity expected to increase by over 30% compared to the end of the previous five-year plan [1]

Core Viewpoint - ST Yingfit (002528.SZ) has been ordered by the court to compensate investors for securities false statement liability, amounting to 7.42 million yuan, amidst ongoing investigations by the regulatory authority regarding information disclosure violations [1][2]. Group 1: Legal Proceedings and Financial Impact - A total of 159 investors have filed lawsuits against ST Yingfit, with the court ruling that the company must pay 7.42 million yuan in damages [1]. - The court found that ST Yingfit's financial reports for 2019 and 2020 were significantly inaccurate, with net profits adjusted down by 89.69% and 161.77% respectively, leading to a substantial impact on investor decisions [5]. - Following the revelation of these financial discrepancies, ST Yingfit's stock price plummeted, indicating a causal relationship between the company's violations and investor losses [5]. Group 2: Regulatory Context and Changes - Prior to the court's ruling, the China Securities Regulatory Commission (CSRC) had not issued any administrative penalties against ST Yingfit for its alleged information disclosure violations [6]. - The 2022 judicial interpretation has removed the requirement for administrative penalties or criminal judgments to be established before civil lawsuits for securities false statements can be accepted by courts, thereby lowering the threshold for investor lawsuits [7][8]. - Despite the removal of the precondition for lawsuits, some courts still await the CSRC's investigation conclusions before proceeding with cases, indicating an "invisible threshold" remains in practice [7][9]. Group 3: Investor Rights and Legal Framework - Legal experts emphasize that the removal of the precondition for lawsuits is intended to protect investors' rights and shorten the timeframe for legal recourse [7]. - The current legal framework allows investors to initiate lawsuits based on preliminary evidence such as regulatory measures and media reports, without needing prior administrative penalties [8]. - There is a call for courts to fully adhere to legal standards in processing investor claims, ensuring that all cases are handled fairly and promptly [9][10].

1月15日，洛阳钼业（603993.SH、03993.HK）发布业绩预告，预计2025年实现归母净利润200亿—208 亿元，同比增加64.68亿—72.68亿元，同比增长47.80%—53.71%；扣非后归母净利润204亿—212亿元， 同比增加72.81亿—80.81亿元，同比增长55.5%—61.6%。 这是洛阳钼业年度利润首次突破200亿元。 结合全球经济研判、供求关系变化，洛阳钼业对2026年的产量指引为：铜金属76万—82万吨，钴金属10 万-12万吨，钼金属1.15万—1.45万吨，钨金属0.65万—0.75万吨，铌金属1.0万—1.1万吨，磷肥105万— 125万吨，黄金6—8吨，实物贸易量400万—450万吨。 目前，洛阳钼业正积极推进刚果(金)KFM二期项目建设，预计2027年投产后年新增10万吨产铜量。 （文章来源：中国经营报） ...

0:00 人民银行：住户存款保持稳定增长，全年增加1464.6万亿元，同比多增3812亿元。（中经记者：索寒 雪） ...

Core Viewpoint - Zhongyuan Environmental plans to acquire 100% equity of Zhengzhou Gewo Environmental Development Co., Ltd. for 133 million yuan, which is considered a related party transaction due to the seller being an indirect controlling shareholder of Zhongyuan Environmental [2][3]. Group 1: Acquisition Details - The acquisition is aimed at completing the environmental business chain, absorbing professional technical resources, and deepening the integration of regional state-owned assets [3]. - The equity of Gewo Environmental was publicly listed for sale on December 25, 2025, with an assessed value of 133 million yuan based on the asset-based method [3]. - The transaction will be completed through cash payment and will not involve issuing shares, thus not changing the existing shareholding structure [3]. Group 2: Financial Performance of Gewo Environmental - Gewo Environmental experienced a significant decline in revenue and incurred losses in the first three quarters of 2025, with revenue of only 11,300 yuan and a net loss of 58,960 yuan [3][4]. - In 2024, Gewo Environmental reported revenue of 61.55 million yuan and a net profit of 7.44 million yuan, indicating a sharp downturn in 2025 [3][4]. Group 3: Strategic Implications - The acquisition is expected to enhance Zhongyuan Environmental's capabilities in sludge treatment, leveraging Gewo Environmental's 33 valid patents and 18 software copyrights [5][6]. - Gewo Environmental has developed a comprehensive technology system for sludge treatment, which could synergize with Zhongyuan Environmental's existing wastewater treatment operations [6].