英国首相斯塔默2月5日就执政党工党原重要人物曼德尔森牵涉美国已故富商爱泼斯坦案引发的风波 发表讲话，称他先前轻信曼德尔森的"谎言"并任命其为驻美大使，就此向爱泼斯坦案受害者道歉。 斯塔默5日在英格兰东萨塞克斯郡一场讲话中说，外界此前已知曼德尔森与美国已故富商爱泼斯坦 相识，但最新披露的材料显示双方关系的密切程度"远超想象"，令人担忧。他表示理解议会内外的质疑 和不满情绪，将认真应对相关问题。 斯塔默表示，希望在不影响警方调查的前提下，公布当初任命曼德尔森时所依据的安全审查意见。 他强调，不会采取任何可能妨碍司法程序的行动。 前一天，斯塔默在英国议会说，曼德尔森背叛了国家、议会和工党，在出任驻美大使前多次被问及 同爱泼斯坦的关系，却多次撒谎。 这场风波近期在英国政坛持续发酵，令斯塔默承受来自工党内部和反对党的巨大压力。民意调查显 示，斯塔默支持率近期处于低位。英国媒体普遍认为，这场风波可能影响斯塔默的执政前景。 曼德尔森现年72岁，曾在英国前首相布莱尔、布朗执政期间担任商务大臣等要职。2025年2月，斯 塔默任命他为驻美大使，但他履职仅7个月就因与爱泼斯坦案的关联浮出水面而被斯塔默解职。曼德尔 森近日辞去上议院 ...

【中国白酒网】春节临近，飞天茅台行情持续升温，抢购模式遭到质疑。 2月5日上午，贵州茅台（600519）旗下官方自营数字营销平台"i茅台"app再度出现技术故障。 不少网友反映，自己准备抢购1499元飞天茅台，到抢购时间上线后发现app页面无法正常加载，反 复出现"点击重试"提示，多次刷新也无果。 另有参与抢购者表示，即便成功进入页面，也无法下单，页面直接显示"已售罄"，且i茅台客服热 线也一直无法接通。 i茅台又崩了，仅9.5%用户抢购成功，黄牛代抢费150元起 贵州茅台股价也迎来"深V"型反弹，2月5日公司收盘价为1555元，较昨日上涨1.97%，近六个工作 日累计涨幅近17%；最新市值为1.95万亿元，盘中一度站上2万亿关口。 随着春节临近，飞天茅台的抢购难度进一步加大，部分消费者开始质疑抢购模式的合理性，认为之 前的申购形式更好。此前，i茅台上的茅台生肖酒、精品酒等热门产品主要以申购形式售卖，每天固定 时间段集中摇号、随机抽签，且账号、场次和产品均有限制，这种模式下能否购买成功主要取决于运 气。 不可否认的是，抢购模式一定程度上给黄牛和"科技抢购"留下了操作空间。 记者注意到，近期有黄牛开始推出"加价 ...

Core Viewpoint - Mercedes-Benz has adjusted the manufacturer's suggested retail prices (MSRPs) for key models, including the C-Class, GLC, and GLB, by approximately 10%, in response to significant sales declines in the Chinese market [1][7]. Price Adjustment Impact - The price reduction includes specific models such as a decrease of around 33,000 yuan for the C 200 L, 38,000 yuan for certain GLB 200 models, and 68,000 yuan for the GLC 300 coupe [1]. - Despite the official price cuts, the actual impact on terminal sales appears minimal, as dealers continue to offer substantial discounts based on previous pricing structures [2][5]. Dealer Challenges - The adjustment is intended to provide some liquidity relief for dealers, but it does not fully meet their overall demands [3]. - Dealers are facing significant operational challenges, including high inventory levels, terminal prices falling below procurement costs, delayed rebate payments, and unrealistic sales targets [10]. - Approximately 50% of surveyed dealers reported losses in the first half of 2025, with 80% of main sales models experiencing price inversions, leading to a situation where selling more results in greater losses [10]. Market Context - The sales decline for Mercedes-Benz in China is notable, with a 19% drop in sales, making it the largest decline among major global markets [8]. - The luxury car market in China is increasingly competitive, with local high-end brands exerting pressure on traditional luxury brands, further complicating Mercedes-Benz's market position [8]. Structural Issues - The ongoing tension between dealers and the brand has escalated, with a significant number of dealerships closing or transitioning to new brands [13]. - The China Automobile Dealers Association has reached out to Mercedes-Benz regarding these channel risks, but no concrete policy adjustments have been announced yet [13]. - Mercedes-Benz's CEO has indicated a commitment to improving product offerings and service quality in the Chinese market, with plans to introduce over 15 new and updated models in 2026 [13].

Core Viewpoint - The board of directors of Yiyuan Wine Industry has undergone a significant reshuffle, with seven new members nominated, including executives from 1919 Group, indicating a strategic move to revitalize the company [2][7]. Group 1: Board Restructuring - Seven new members have been nominated to the board of Yiyuan Wine Industry, including three executive directors: Liu Yunqiang, Xiong Xia, and Zhao Mingjun [2][3]. - Liu Yunqiang, aged 58, has over 26 years of experience in financial management and retail operations, previously serving at Suning.com and holding various positions at 1919 [3]. - Xiong Xia has over 17 years of experience in the Chinese liquor industry and has held multiple senior management roles at 1919 since joining in 2008 [3]. - Zhao Mingjun has over 16 years of experience in the liquor industry and is currently the general manager for North and Northwest China at 1919 [3]. Group 2: Non-Executive Directors - Zhao Guodong, aged 49, has over 20 years of experience in financial management and operations, having joined 1919 in 2018 and held various senior roles [4]. - Liang Mingshu, a financial expert and founder of Harmony Capital Management, has served as a non-executive director for several listed companies [5]. - Wang Renrong has over 28 years of experience in the fast-moving consumer goods sector and has held significant positions in legal and corporate affairs [6]. - Xu Yan, an expert in fermentation and beverage development, has over 23 years of experience and is currently a professor and vice president at Jiangnan University [6]. Group 3: Acquisition and Future Strategy - The restructuring follows the acquisition of Yiyuan Wine Industry by 1919 Group, with 1919's founder Yang Lingjiang becoming the largest shareholder with a 73.63% stake [7]. - The acquisition was completed for approximately 73.63 million HKD, with a share price of 0.12491 HKD [7]. - Yang Lingjiang aims to continue operating Yiyuan's existing wine business and will develop future strategies based on review results, considering diversification and long-term growth opportunities [8]. Group 4: 1919 Group's Background - 1919 Group is the largest new retail platform for alcoholic beverages in China, previously listed on the New Third Board and has attracted significant investments, including 2 billion CNY from Alibaba in 2018 [9]. - Despite its growth, 1919 has faced financial challenges, with only one profitable year from 2017 to 2022 and ongoing issues with franchisee payments [9].

Core Viewpoint - Mercedes-Benz has initiated a price reduction for key models in the Chinese market, following a similar move by BMW, in response to significant sales declines [2][3][6]. Group 1: Price Adjustments - Mercedes-Benz adjusted the suggested retail prices for models such as the C-Class, GLC, and GLB by approximately 10%, with specific reductions including around 33,000 yuan for the C 200 L, 38,000 yuan for certain GLB 200 models, and 68,000 yuan for the GLC 300 coupe [2]. - Despite the official price cuts, the actual transaction prices remain largely unchanged due to dealer discounts, which are based on the previous pricing structure [5]. Group 2: Sales Performance - The global sales of Mercedes-Benz passenger cars fell by 9% year-on-year to 1.8008 million units, with the Chinese market experiencing a 19% decline, totaling 551,900 units, which represents 31% of global sales [6]. - The decline in sales is attributed to a disconnect between product strategy and market changes, particularly in the context of the growing penetration of electric vehicles in the luxury segment [6]. Group 3: Dealer Challenges - Mercedes-Benz dealers are facing significant operational challenges, including high inventory levels, selling prices below procurement costs, delayed rebate payments, and unrealistic sales targets [7]. - Approximately 50% of surveyed dealers reported losses in the first half of 2025, with 80% of main models experiencing price inversions, leading to a situation where increased sales result in greater losses [7]. Group 4: Response to Dealer Concerns - The China Automobile Dealers Association has reached out to Mercedes-Benz multiple times to address dealer concerns and push for structural improvements, but no specific policy adjustments have been announced yet [8]. - Mercedes-Benz's China President has indicated a commitment to improving product quality and service, with plans to introduce over 15 new and updated models to the Chinese market in 2026 [9].

Core Viewpoint - Shanghai is a leader in computing power and artificial intelligence (AI) in China and is also competitive globally, supported by a strong integrated circuit industry and numerous AI application scenarios [1] Group 1: AI Industry Strength - Shanghai's AI industry benefits from a robust integrated circuit industry, attracting top AI model companies and providing rich application scenarios for AI [1] - Companies like Yuke Technology, which integrate computing power services, have a competitive advantage in Shanghai [1] Group 2: Global Expansion Support - Shanghai is positioned as a global hub for Chinese companies going abroad, with significant emphasis on digital empowerment for international expansion [1] - The city offers various supportive policies for cross-border investment and legal regulations to facilitate Chinese companies' overseas operations [1] Group 3: Recommendations for Internationalization - It is suggested that Shanghai should establish an international rule adaptation service system to address common legal, policy, and data compliance needs faced by Chinese companies going abroad [1] - Strengthening the role of overseas service hubs and ecosystem integration, particularly in the digital domain, is recommended, with cloud computing serving as a foundational platform for international expansion [2] Group 4: Future Development Focus - There is a focus on the construction of Shanghai's "five centers," particularly the international science and technology innovation center, to enhance technological capabilities [3] - Attention is drawn to "space computing," which represents a typical model of industry-academia-research collaboration, laying the groundwork for future advancements in space computing [3]

"上海在建设国际金融中心的过程中，无论是在要素市场、制度建设还是体系建设等'硬件'上都非常完 善，但在'软件'上，特别是人才引进这部分，略显单薄一些。"上海市人大代表、信达澳亚基金副总经 理张丽洁在今年上海两会现场接受《国际金融报》记者采访时建议，希望上海能够建设成为资管行业， 乃至整个金融行业的人才高地。 "在科技强国上，上海已经落实了一些国家重点科技领域的基础建设，包括大飞机、大模型等。除此之 外，在民生、低碳环保、绿色发展等方面，上海也大有可为。"张丽洁表示。 对于上海的"十五五"规划，张丽洁表示，作为金融从业者，她最关注科技创新和高质量发展，她认为这 是宏观经济的核心推动力。作为上海市人大代表和普通居民，她更关心民生建设，特别是绿色低碳以及 针对"一老一小"问题的解决方案。 张丽洁还表示，在建设金融强国背景下，公募基金行业应扮演关键角色。一方面，通过引导养老金、社 保基金等长期资金，深度融合科技创新，成为支持实体经济的稳定资本来源；另一方面，通过降低费 率、开发长期回报型产品，切实提升基金持有人的获得感，服务民生。 视频剪辑王尊君 张丽洁说，公募基金正加大对科技产业的支持，比如，权益类产品已对科技企业 ...

"上海在建设国际金融中心的过程中，无论是在要素市场、制度建设还是体系建设等'硬件'上都非常完 善，但在'软件'上，特别是人才引进这部分，略显单薄一些。"上海市人大代表、信达澳亚基金副总经 理张丽洁在今年上海两会现场接受《国际金融报》记者采访时建议，希望上海能够建设成为资管行业， 乃至整个金融行业的人才高地。 张丽洁说，公募基金正加大对科技产业的支持，比如，权益类产品已对科技企业进行了大量投资，特别 是行业龙头以及登陆创业板和科创板的新上市公司。 同时，她提出，公募基金普遍有较高的流动性管理要求，难以完全匹配科技创新所需的长期资本，"如 果能有一个长期的资金安排，那么对于养老性质、社保性质的资金会有更好的引导作用"。 因此，她还建议，政府设立相应引导基金，可以由公募基金管理公司提供投研支持，这既能满足居民的 长期投资需求，又能发挥公募基金的专业投研优势，将社会资本精准导向国家战略性新兴产业。 对于上海的"十五五"规划，张丽洁表示，作为金融从业者，她最关注科技创新和高质量发展，她认为这 是宏观经济的核心推动力。作为上海市人大代表和普通居民，她更关心民生建设，特别是绿色低碳以及 针对"一老一小"问题的解决方案。 记 ...

Core Insights - The humanoid robot industry is identified as a crucial direction for future industries, with a high degree of compatibility and complementarity with the automotive industry [1] - The integration of these two industries is expected to lead to new technological breakthroughs, product forms, and business models, marking a key step in future industrial layout [1] Industry and Company Analysis - Shanghai possesses a complete automotive industry chain, strong technological accumulation, rich application scenarios, and top-tier R&D talent, providing a solid foundation for the integration of the automotive and humanoid robot industries [1] - Despite the strong industrial base, there are challenges such as weak cross-industry collaboration mechanisms, uncoordinated supply chain resources, insufficient depth of integration in application scenarios, outdated standards and testing systems, and a shortage of interdisciplinary talent [1] - Recommendations include enhancing top-level design and planning guidance, with suggestions for the Shanghai Development and Reform Commission, Economic and Information Commission, and Science and Technology Commission to jointly formulate a development plan for deep integration of the automotive and humanoid robot industries [1][2] - The establishment of an "Automotive-Humanoid Robot Collaborative Innovation Center" is proposed to support leading enterprises, universities, and research institutions [2] - The creation of "Automotive-Robot Integration Industrial Parks" in areas like Lingang New Area, Jiading Automotive City, and Xinzhuang Industrial Zone is suggested to attract both types of enterprises [2] - There is an emphasis on expanding diverse demonstration application scenarios, constructing compatible standards and testing evaluation systems, and strengthening talent cultivation and ecosystem development [2] - The expectation for Shanghai's "14th Five-Year Plan" includes significant breakthroughs in cutting-edge technology fields such as biomedicine, integrated circuits, and artificial intelligence over the next five years [2]

Group 1 - The core objective of Dongfeng Motor Group is to achieve a sales target of 1.5 million units for its self-owned brands by 2025, which will account for over 60% of total sales [1] - For 2026, the company aims for an annual sales target of 3.25 million units, with a specific challenge of reaching 1.7 million units in new energy vehicles and 600,000 units in exports [1]