1月21日，公开信息显示，内蒙古西贝餐饮集团有限公司(下称"西贝餐饮")获A轮融资。 西贝餐饮此次的投资方包括台州新荣泰投资有限公司(下称"台州新荣泰")、呼和浩特市集体共创企业管理中心(有限合伙)、杭州舟轩股权投资管理合伙企 业(有限合伙)、成都迅达光电有限公司等，持股比例分别为4.4209%、4.4209%、2.2104%、0.0884%，具体融资金额并未被披露。 | 融资历程 3 | | 退出方信息 1 | 核心人员 1 | 直投项目 2 | 投资基金 0 | 上榜榜单 o | 关联企业 | 相关竞品 19 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 融资历程3 | | | | | | | △ 导出数据,联系商务 | © 企查查 | | 序号 | 融资日期 | 融资轮次 | 融资金额 | | 投资方 | | 关联机构 | 来源 | | 1 | 2026-01-20 | A轮 | | 台州新荣泰投资有限公司 | | | | 股权变更 | | | | | | 呼和浩特市集体共创企业管理中心(有限合伙) | | | | | | | | ...

Group 1 - The "2026 Lingang Science and Technology Innovation City Conference" was held in Shanghai, focusing on creating an international first-class innovation city with lower costs, better ecology, and higher success rates for startups [1] - The conference introduced a comprehensive set of innovative measures, including the launch of the "Entrepreneurship Fund" and the establishment of a "Science and Technology Innovation Ecological Map" [1] Group 2 - The "Shanghai Lingang Science and Technology Innovation City Construction Plan" was officially released, aiming to strengthen the "1-10" link of technological innovation and become a key area for technology transfer and new industry development [2][3] - The plan outlines two goals to be achieved by the end of 2027, including the establishment of at least 7 international first-class research institutions and over 2,000 high-tech enterprises [4] Group 3 - The plan includes the establishment of four benchmark innovation communities, focusing on various industry sectors such as digital culture, integrated circuits, and cross-border finance [4] - Five major action plans were introduced to enhance technology transfer, cultivate future industry tracks, attract high-level talent, accelerate capital empowerment, and build an innovative ecosystem [5] Group 4 - Three major entrepreneurial funds were launched, including the Lingang Youth Innovation Fund, to support enterprises at different stages [8] - The conference also introduced new "Dew Lake Innovation Stations" to provide low-cost spaces and comprehensive services for entrepreneurs [9] Group 5 - The "Dew Lake Youth Innovation Community" was officially launched, offering a platform for entrepreneurs to connect and share resources through various activities [10] - A total of over 50 high-growth technology companies with valuations exceeding 1 billion yuan have emerged in Lingang, with more than 70% in later financing stages [10]

Core Insights - The partnership between Kingsoft's subsidiary, Kingsoft Game, and Rovio Entertainment aims to reintroduce the iconic "Angry Birds" series to the Chinese market, with two core titles set for release [1] - Kingsoft Game's recent success with the social deduction game "Goose Goose Duck" highlights its potential to drive growth, as it quickly gained over 10 million users within a week of launch [2] - Kingsoft Software's financial performance has been declining, with a 6.12% drop in revenue and a 5.68% decrease in net profit for the first three quarters of 2025, indicating challenges in its gaming business [2][3] Financial Performance - For the first three quarters of 2025, Kingsoft Software reported revenues of 7.065 billion yuan, down 6.12% year-on-year, and a net profit of 1.029 billion yuan, down 5.68% [2] - In Q3 2025, the company experienced a significant revenue decline of 17% to 2.419 billion yuan, with gross profit dropping 21% to 1.944 billion yuan, and net profit nearly halving to 213 million yuan [2] - Marketing expenses surged to 564 million yuan in Q3, a 55% increase year-on-year, yet the gaming revenue fell by 47% to 898 million yuan, indicating ineffective spending [3] Game Development and Strategy - Kingsoft Software has restructured its gaming division into two segments: West Mountain Studio, focusing on development, and Kingsoft Game, emphasizing IP strategy and localization [3] - The flagship IP "Jian Xia Qing Yuan" has shown declining performance after 16 years, reflecting a stagnation in its core product [4] - The newly developed sci-fi mech game "Limitless Machine" has underperformed since its release, with a peak online player count dropping significantly shortly after launch [4] Strategic Shifts - Kingsoft Game is positioned as a key player in overcoming current growth challenges, with recent strategic moves indicating a shift in focus towards revitalizing the gaming segment [5] - The reintroduction of "Angry Birds" is part of a broader strategy to leverage classic IPs for market impact, although the long-term success of these titles remains uncertain [5] - Despite the initial success of "Goose Goose Duck," the sustainability of its user engagement and the ability to replicate such success with "Angry Birds" are still in question [5]

Core Viewpoint - The collaboration between TCL and Sony marks a significant shift in the global television market, indicating the decline of Japanese brands in the industry and the rise of Chinese companies like TCL and South Korean giants Samsung and LG [1][2]. Group 1: Partnership Details - TCL and Sony have signed a non-binding memorandum of understanding to establish a joint venture, with TCL holding 51% and Sony 49% [1]. - The new company will focus on Sony's home entertainment business, including the development, manufacturing, sales, and customer service of televisions and home audio products [1]. - A timeline has been set for finalizing the legal agreement by March 2026, with the new company expected to commence operations by April 2027 [1]. Group 2: Market Position and Trends - Sony's television business is facing significant challenges, with a projected shipment of only 410,000 units in 2025, resulting in a market share below 2% [4]. - In contrast, TCL is expected to ship 3.04 million units in 2025, achieving a 13.8% market share, narrowing the gap with Samsung [3][4]. - The global television market is entering a phase of inventory competition, with a slight decline in overall shipment volume expected [2]. Group 3: Strategic Implications - The partnership is seen as a necessary move for Sony, which has shifted its focus towards more profitable sectors like gaming and entertainment, leading to underinvestment in its television business [6]. - TCL's advantage lies in its vertical integration, with nearly 60% of its TV panels sourced from its subsidiary, TCL Huaxing, compared to Sony's reliance on external suppliers [6]. - If the joint venture succeeds, it could lead to a combined market share of 16.7% for TCL and Sony, potentially surpassing Samsung and reshaping the competitive landscape of the global television market [7].

1月21日，记者从阿里资产拍卖平台获悉，广西远辰投资集团有限公司（下称"远辰投资集团"）所持阳光保险集团股份有限公司（下称"阳光保险"）1亿 股股份二拍落槌，由北京首源欣荣投资有限公司（下称"首源欣荣投资"）竞得，成交价4.41亿元。 首程控股作为中国智能基础设施资产服务商，专注于资产运营和资产融通两大核心业务方向。值得一提的是，2023年，首程控股引入阳光保险为战略 投资人，双方随后在基础设施投资等领域开展合作。在此背景下，首程控股旗下公司通过司法拍卖拿下阳光保险股权，也被市场看作双方在既有股权关系 和业务合作基础上的一次延续性布局。 当前，保险公司股权转让普遍陷入"挂牌热、成交冷"的交易困境。而此次阳光保险部分股权成功拍卖，也给行业注入了一剂"强心针"。 官网简介显示，阳光保险是一家完全按市场化机制成立和发展起来的民营保险服务集团，目前已拥有财险、寿险、信用、资管、医疗、养老、科技等 多家专业子公司。2022年12月，阳光保险在香港联交所挂牌上市。 从业绩表现来看，2022年至2024年，阳光保险分别实现总保费收入1087.4亿元、1189.07亿元、1283.8亿元，同期归母净利润分别为44.94亿元、 ...

2025年全年实现地区生产总值56708.71亿元，按不变价格计算，同比增长5.4%。 2025年，上海交出了一份"稳中有进、进中提质"的亮眼答卷，5.4%的GDP增速不仅高于全国5%的平均水平，也较2024年上 海GDP增速提升0.4个百分点，实现了经济发展的"加速跑"。 新质生产力带来新动能 沈开艳强调，上海正引领长三角形成"研发在上海，制造在苏浙皖"的梯度布局，带动区域创新资源整合，提升了长三角产 业集群的全球竞争力，为上海（长三角）国际科技创新中心建设奠定了坚实基础。 "三驾马车"协同发力 "在全球经济复杂环境下，上海保持高于全国水平的增速，体现了经济结构的抗风险能力。"复旦大学教授、消费市场大数 据实验室（上海）主任张伊娜指出，科技创新与产业升级成为经济增长的核心动力，三大先导产业表现突出，同时高水平的对 外开放，也为经济发展注入活力。 数据显示，2025年上海第一产业增加值约99.4亿元，增长2%；第二产业增加值约1.2万亿元，增长3.5%；第三产业增加值约 4.5万亿元，增长6%。毫无疑问，产业升级是上海经济高质量发展的核心支撑。而推动产业高质量发展的关键，在于上海近年来 持续培育新质生产力，在 ...

Group 1 - Foreign banks are increasingly participating in China's rapidly growing asset management market, with HSBC China announcing its first public fund custody business in the domestic market [1] - HSBC China provided custody services for the E Fund's Hong Kong Stock Connect Consumer Mixed Securities Investment Fund, marking it as the first domestic public fund product managed by a foreign bank [1] - The asset management industry in China is recognized as the second largest globally, presenting significant development opportunities [1] Group 2 - As of November 2025, there are 165 domestic public fund management institutions in China, with a total net asset value of 37.02 trillion yuan [2] - The collaboration between E Fund and HSBC China represents a strategic move towards diversifying product custody and distribution channels, enhancing the quality of development in the public fund industry [2] - The partnership aims to leverage each party's expertise to promote the openness and diversification of the public fund custody market [2]

又有多家消费金融机构因信用信息管理不当被罚。 2026年伊始，中信消费金融、苏银凯基消费金融、中原消费金融因违反信用信息采集、提供、查询及相 关管理规定，分别被罚105万元、48.4万元、75.6万元。 信用信息管理不当成"重灾区" 信用信息管理不当成消费金融机构被罚"重灾区"。2026年初，苏银凯基消费金融、中原消费金融都因违 反信用信息采集、提供、查询及相关管理规定，分别被中国人民银行苏州市分行罚款48.4万元、被中国 人民银行河南省分行罚款75.6万元。 中信消费金融也在年初因异议处理超期、未按规定对异议进行书面回复、未按规定对异议信息进行标 注、未准确报送个人信用信息，被人民银行北京分行罚款105万元。中信消费金融风险管理部相关责任 人赵某丹对中信消费金融上述前三项违规行为负有直接责任，被罚9.6万元。 对此，中信消费金融相关负责人对记者回应称，"公司高度重视人民银行北京市分行本次征信检查，诚 恳接受处罚与监督，已完成全部整改工作。公司将持续加强征信管理，不断提升合规经营水平"。 记者梳理发现，还有多家消费金融公司因信用信息管理不当被罚。其中，金美信消金因违反信用信息采 集、提供、查询及相关管理规定， ...

Core Viewpoint - The company, Dianhun Network, is expected to report a net profit loss of between 160 million to 230 million yuan for the year 2025, marking its first annual loss since its listing in October 2016 [1][4]. Group 1: Financial Performance - The company's revenue and net profit have been declining since 2020, with revenues of 1.024 billion yuan and a net profit of 395 million yuan in 2020, dropping to 551 million yuan and 30.58 million yuan respectively by 2024 [5]. - For the first three quarters of 2025, the company reported revenues of 293 million yuan, a year-on-year decrease of 29.08%, and a net loss of 30.515 million yuan, a year-on-year decline of 140.83% [5]. Group 2: Reasons for Performance Decline - The primary reason for the expected loss is the significant decline in game recharge flow from the wholly-owned subsidiary, Xiamen Youdong Network Technology Co., Ltd., which has adversely affected the company's profits and led to a notable impairment of goodwill [4]. - The company has also experienced a substantial decrease in revenue from existing games, further impacting its financial performance [4]. Group 3: Product and Market Context - Dianhun Network is known for its flagship product, the RPG-based online game "Dream of the Three Kingdoms," which has been well-received since its launch in 2009 and has contributed significantly to the company's past success [4]. - Despite attempts to launch new titles such as "Barbarian Battle 2," "Meet the Dragon 2," and "Cultivation Era" to revitalize its product lineup, these new releases have not met market expectations, continuing the trend of declining performance [5].

Core Viewpoint - Oracle's stock has experienced a significant decline, dropping approximately 6% to $183.10, with a total market value decrease of nearly $400 billion over the past four months, raising concerns about its debt capacity and credit rating expectations [1][3] Group 1: Stock Performance and Market Sentiment - Oracle's stock price fell to $183.10, continuing a downward trend with a market value decline of nearly $400 billion [1] - Investors are currently cautious about Oracle's stock due to concerns regarding its debt repayment ability and poor credit rating outlook [1] Group 2: Analyst Recommendations - Guggenheim Securities has listed Oracle as a "top pick" for 2026, maintaining a "buy" rating with a target price of $400, which is more than double the current stock price [3] - Analysts believe that concerns over Oracle's debt repayment capacity and reliance on OpenAI are exaggerated, potentially overshadowing its long-term growth potential [3] Group 3: Financial Projections and Revenue Growth - Guggenheim analyst John DiFucci predicts Oracle's revenue will grow from $67 billion in 2026 to $228 billion by fiscal year 2030, representing nearly a fourfold increase [3] - DiFucci emphasizes that Oracle is a rare "ten-year hold" stock for long-term investors, currently in its early growth phase [3][6] Group 4: AI Infrastructure and Investment Needs - Oracle is becoming a leading supplier of AI infrastructure, with profits expected to grow at an "ultra-fast rate" and generate strong free cash flow [4] - To achieve its revenue targets, Oracle may need to invest $292 billion in AI infrastructure, raising concerns about its asset condition; however, DiFucci suggests that actual cash investment may be limited to $100 billion due to its "self-owned chip" model [4] Group 5: Profit Margins and Cost Savings - The "self-owned chip" collaboration model is expected to enhance gross margins by 15% to 25%, reaching approximately 50% to 60%, with cost savings projected to increase earnings per share by $0.5 to $0.8 [4] - DiFucci addresses concerns regarding Oracle's revenue concentration from OpenAI, asserting that this validates Oracle's technical strength and solidifies its position as a core infrastructure provider in the AI economy [4] Group 6: Payment Methods and Future Outlook - OpenAI may utilize various methods to fulfill its payment obligations to Oracle, including large-scale financing, potential IPOs, or partnerships with firms like SoftBank to cover chip costs [5] - DiFucci concludes that this presents a good opportunity for long-term investors, maintaining Oracle as a "ten-year target" with financial data expected to be validated within a reasonable timeframe [6]