Core Viewpoint - The major shareholders, China Electric Kunrun Fund and China Electric Development Fund, have completed their share reduction plan, selling a total of 6.835 million shares, which is approximately 0.8995% of the total share capital, at an average price of 25.79 yuan per share [1] Group 1 - The initial plan was to reduce up to 7.599 million shares, representing 1% of the total share capital, within three months [1] - The actual reduction occurred between November 10, 2025, and February 9, 2026, through centralized bidding [1] - After the reduction, China Electric Kunrun Fund holds 43.9705 million shares, accounting for 5.7864% of the total shares, while China Electric Development Fund holds 15.5278 million shares, accounting for 2.0434% [1]

当前，全国万亿消费城市形成稳定梯队，谁会成为下一个？是长三角核心城市比拼的焦点。 苏杭宁"一步之遥" 2025年消费数据的出炉，彻底明晰了三城的竞争站位：杭州以9499亿元社零总额、3.8%的增速稳居领 跑位置，距离万亿目标仅差501亿元，堪称"临门一脚"。 作为冲刺万亿消费城的头号种子，数据背后，是杭州坚实的产业基础和强劲的经济增长动力。2025年， 杭州地区生产总值（GDP）达到23011亿元，比上年增长5.2%，增速高于全国水平。服务业作为杭州经 济的绝对主力，占GDP比重高达73.8%，其中以阿里巴巴、蚂蚁集团、网易等为代表的数字经济核心产 业企业，成为增长的"主引擎"。 杭州的消费活力不仅体现在数据上，更体现在消费场景的创新上。以"浙BA"为例，截至2025年年底， 累计销售门票超80万张，直接拉动文化、旅游、商业、体育等综合消费超29.18亿元。这种沉浸式、体 验式、互动式的消费场景，让消费不再局限于传统的购物行为，而是成为了一种买情绪、买体验的生活 方式。 曾在2024年官宣迈入万亿消费俱乐部的苏州，经统计修订后退出该行列，2025年实现社零总额9092.2亿 元，同比增长2.0%，增速低于全国 ...

Core Insights - The pursuit of becoming a "trillion consumption city" is not just about achieving numerical targets but is also a crucial measure for activating domestic demand and enhancing economic resilience [1] Group 1: Current Consumption Landscape - A stable tier of trillion consumption cities is forming across the country, with a focus on competition among core cities in the Yangtze River Delta [2] - Hangzhou leads the competition with a retail sales total of 949.9 billion yuan and a growth rate of 3.8%, just 50.1 billion yuan short of the trillion target [3] - Suzhou, initially projected to join the trillion club in 2024, has revised its figures and reported retail sales of 909.22 billion yuan in 2025, growing by 2.0%, which is below national and Jiangsu averages [3][4] - Nanjing recorded retail sales of 813.585 billion yuan with a growth rate of 3.5%, showing resilience despite being further from the trillion target [4] Group 2: Future Growth Strategies - Hangzhou's government aims to boost retail sales by 5% in 2026, targeting over 1 trillion yuan, with clear goals and solid measures in place [5] - The city plans to focus on ten sectors, including automotive and dining, to shift consumption from demand stimulation to supply-demand coordination [6] - Suzhou is encouraged to leverage its manufacturing advantages to enhance consumer spending and improve consumption density in urban areas [6] - Experts suggest that AI will be a rapidly growing area for consumption in 2026, with potential to innovate product forms and reshape consumer experiences [7]

数字化浪潮正在重构金融业底层逻辑，金融科技已从"创新选项"蜕变为国家金融竞争力的"战略基 石"。它不仅极大地拓宽了金融服务的效率与能力边界，更在夯实金融强国根基、跃升上海国际金融中 心能级、加速人民币国际化等国家战略中扮演着核心驱动角色。日前，中国人民银行等八部门已联合发 文，防范处置虚拟货币、现实世界资产代币化（RWA）的相关风险。在此背景下，我们更需聚焦金融 科技的正向赋能，以合规创新筑牢金融强国建设的数字根基。 金融科技的四重核心赋能价值 金融体系的"数字命脉"。建设金融强国的核心支撑在于科技自主创新，金融科技已从三大维度筑牢 根基。在资源配置上，借力大数据与人工智能，精准破解信息不对称困境，实现金融活水的精准滴灌； 在风险防控上，依托区块链与隐私计算技术，构建穿透式、智能化的风控体系，全面提升金融系统的稳 健性与韧性；在国际话语权上，通过主导技术创新，参与全球金融治理与规则制定，助力我国实现从金 融规模大国向金融规则强国的历史性跨越。 上海国际金融中心的"创新引擎"。上海国际金融中心的能级跃迁，关键在金融科技的突破性创新。 当前，上海已确立并深化"策源地、标准地、试验田、枢纽地"四重战略定位。联合实验 ...

在今年的春节消费中，越来越多的95后和00后们开始成为置办年货的新晋力量。他们正在"整顿"传统过年的方式：吃饭看营养搭配，下厨更讲效率，送 礼更重健康，消费更理性，也更注重情绪体验。年货不再被视为一次性完成的"年度大囤货"，而是逐渐被拆解为多个更轻量、更灵活的即时消费场景。 年轻一代成采购主力 "车厘子、帝王蟹、夏威夷果、番茄牛腩煲、富贵竹、对联……"00后徐涵（化名）对照着购物清单，在叮咚买菜和盒马两个App之间来回切换，从蔬菜 水果到坚果零食，从团圆年菜到年花装饰，对于今年春节家中需要的所有年货，她选择避开线下商圈拥挤的人潮，直接"一键送到家"。 （叮咚买菜健康年货） 英敏特《2026年中国春节消费洞察前瞻》显示，76%的消费者以"对方喜好"为送礼首要考量，重视健康属性的则超过58%。叮咚买菜调研也显示，00后 消费者送礼关注"实用性与健康"的比例显著高于"贵重有面子"。在叮咚买菜平台上，药食同源、低GI、配料干净等标签的商品已成为新的年货流行趋势。 2月10日小年夜，随着春节临近，年货消费市场已然升温。淘宝闪购平台今日数据显示，淘宝闪购年货销量同比增长超347%，三四线城市年货订单同比 增长超580%， ...

Core Viewpoint - The company Huazhong Xinchuan announced that its Vice President Zhang Long plans to reduce his shareholding by selling up to 24,900 shares, which represents 0.03% of the company's total share capital, within a specified period from March 11, 2026, to June 10, 2026 [1] Summary by Category - **Shareholding Reduction** - Vice President Zhang Long holds 99,600 shares, accounting for 0.12% of the company's total share capital [1] - The planned reduction will occur through centralized bidding [1] - The maximum number of shares to be sold is 24,900 [1] - **Timeline** - The reduction period is set from March 11, 2026, to June 10, 2026 [1] - The announcement is made effective from the date of disclosure [1]

Core Viewpoint - The announcement from Guotou Intelligent indicates that two major shareholders, Li Guolin and Guo Yongfang, plan to reduce their holdings in the company through centralized bidding or block trading between March 12 and June 11, 2026 [1] Summary by Relevant Categories Shareholder Actions - Li Guolin, holding 7.1840% of the shares, intends to reduce his stake by no more than 5 million shares, which represents 0.5817% of the total shares [1] - Guo Yongfang, with a 12.7477% shareholding, plans to reduce his holdings by up to 859.47 million shares, accounting for 1.0000% of the total shares [1] - The combined reduction from both shareholders will not exceed 13.5947 million shares, sourced from shares issued prior to the company's initial public offering and those arising from equity distribution [1]

作为连接中东与全球市场的重要枢纽，迪拜近几年越来越受到中国企业的青睐。 截至2025年年底，在迪拜商会注册的中国企业数量以11.6%的年复合增长率稳步攀升，会员总数现 已突破6000家。 "目前，中国稳居迪拜最大的贸易伙伴地位，2024年双边非石油贸易额高达807亿美元。这一坚实的 经贸基础为双方深化合作奠定了稳固基石。"近日，迪拜商会主席兼首席执行官穆罕默德·阿里·拉希德· 卢塔（H.E. Mohammad Ali Rashed Lootah）在接受《国际金融报》记者专访时表示。 目前，迪拜商会在中国的上海、深圳和香港设有三个代表处，在促进双边贸易与投资方面发挥着关 键作用。 近期，迪拜商会团队赴深圳和广州开展路演，与18家贸易及投资机构深入交流。卢塔透露，为延续 双边合作不断升温的良好态势，迪拜方面还将于今年5月再次组织由迪拜公共与私营部门高层组成的顶 级代表团访问深圳，这充分彰显了迪拜深化与中国合作的坚定决心。 保障大湾区企业项目落地 "一直以来，迪拜商业界对中国，尤其是大湾区的认知程度和合作意愿极为强烈，这一战略聚焦与 迪拜经济议程（D33）高度契合。"卢塔表示，D33议程旨在通过数字化转型项目每年创 ...

Core Insights - The People's Bank of China has facilitated the launch of the first digital RMB smart contract for wage payments to migrant workers in Chengdu, marking a new model for digital and inclusive finance [1] - The digital RMB smart contract automates wage disbursement, ensuring funds are not misappropriated and are paid in full according to wage details [1] Group 1: Digital RMB Smart Contracts - Digital RMB smart contracts enable the digitalization, automation, and enforcement of contracts, eliminating human intervention and supporting cross-institutional interoperability [1] - The smart contract ecosystem allows for automatic execution of funds based on pre-set conditions, enhancing financial security and efficiency in various applications [2] Group 2: Applications and Impact - Smart contracts have been piloted in areas such as prepaid fund management, supply chain finance, corporate finance management, and subsidy distribution, demonstrating their versatility [2] - In prepaid fund management, funds remain with consumers until conditions are met, ensuring protection against misuse [2] - By January 2026, there will be 486,400 signed contracts with a total transaction amount of 316 million yuan in various sectors [3]

御银股份公告，公司全资子公司北京御新智合科技有限公司已收到全部交易价款并与交易对方办理完毕 上述房产的过户手续，本次交易已完成。 ...