经济观察网12月19日，兴业数金在新闻通气会上公布，其自主研发的"兴业管家财资管理平台"交易金额 已突破5.2万亿元，累计服务客户超4900户。该平台于2021年正式上线，致力于助力企业财务数字化转 型，通过提供智能化、一体化的财资管理管家服务，帮助企业降低财务成本、防控资金风险，并优化资 金管理流程。平台功能持续完善，目前已接入超160家银行及渠道，覆盖支付、票据管理等多元需求， 并面向科创企业、国企及多个行业龙头企业提供专项解决方案。 ...

Core Insights - The article highlights the launch and significance of Yili's "28-Day Fresh Purchase" program, which aims to ensure that infant formula is delivered to consumers within 28 days of production, addressing consumer concerns about freshness and expiration dates [3][4][17] - Yili has achieved a historic breakthrough in the infant formula market, securing the number one market share while focusing on enhancing freshness and consumer experience [3][17] Group 1: Consumer Insights - Many parents, like Ms. Li, express anxiety over the freshness and expiration of infant formula, leading to increased demand for products with shorter shelf lives [2][3] - Yili's customer service has effectively captured consumer feedback, transforming it into actionable insights that drive product and service improvements [3][4] Group 2: Supply Chain Innovations - The "28-Day Fresh Purchase" program represents a significant shift in the supply chain, optimizing product freshness from production to delivery [3][6] - Yili has implemented a sophisticated logistics strategy, allowing for rapid delivery and ensuring that even remote areas receive products within the promised timeframe [7][8] Group 3: Production and Technology - Yili's production process has been restructured to support high-frequency, small-batch production, enabling the company to meet the demands of the "28-Day Fresh Purchase" initiative [9][10] - The introduction of an Advanced Planning and Scheduling (APS) system has enhanced production efficiency, allowing for real-time adjustments based on demand and supply chain conditions [10][11] Group 4: Market Position and Future Outlook - Yili's commitment to freshness and quality is expected to drive significant sales growth for the "28-Day Fresh Purchase" products by 2025 [15][16] - The initiative positions Yili as a leader in redefining industry standards, shifting the focus from merely selling products to providing comprehensive parenting services [17][18]

除了并购热潮、业绩集体高增的关键词之外，2025年证券业一个不容忽视的关键词是："换帅"。 12月15日，互联网券商龙头东方财富发布换届选举暨高管聘任公告，董事长其实继续掌舵，原财务总监、董秘黄建海接任总经理一职，卸任总经理的郑立坤 将专注于子公司东方财富证券的管理工作。 12月15日，国联民生证券完成第六届董事会换届，新高管团队正式亮相，顾伟任董事长，葛小波任总裁。在完成合并之前，葛小波为国联证券的董事长，顾 伟则是国联证券大股东无锡市国联发展（集团）有限公司的总裁。 据经济观察报不完全统计，2025年至今，已有54家券商"换帅"，占151家券商总数的三分之一还多。其中，29家券商的董事长出现变更，25家券商迎来了新 任总经理或总裁。从人事更迭的原因来看，既涵盖头部券商高管们到龄退休后年轻派"接棒"，也有地方国资入股、券商合并潮下股东变更带来的高管入驻。 除了已经落定的高管变更，还有正在等待官宣的重磅调整。 12月8日，东方证券董事长龚德雄辞去董事长等职务，其原定任期至2027年11月21日，因工作调动提前辞任。在新任董事长上任前，副董事长鲁伟铭代为履 行董事长、法定代表人等职责。 此外， 由于华泰证券第六 ...

经济观察网12月19日默沙东宣布，近日在《北京市促进临床急需药械临时进口工作实施方案(试行)》、 《北京市推动罕见病药品保障先行区建设工作实施方案(试行)》等政策的支持下，中国医学科学院阜外 医院获批临时进口sotatercept(WINREVAIR)。 Sotatercept是全球首个且目前唯一用于治疗PAH的激活素信号传导抑制剂(ASI)，可以捕获过量激活素 A，帮助恢复失衡的信号通路，抑制细胞增殖进而改善血管结构和恢复管腔通畅，曾获得过美国突破性 疗法认定、孤儿药资格认定，以及欧盟优先药品资格认定、孤儿药资格认定，并先后于2024年3月、 2024年8月获得美国食品药品监督管理局(FDA)、欧洲药品管理局(EMA)批准。 PAH是一种多种因素引起的罕见、进展性且危及生命的血管疾病，其特征是由于肺动脉重构导致肺动脉 狭窄，最终引起肺动脉压力增加，肺血管阻力升高，最终引起肺小动脉的收缩和肺循环中的血压升高。 若得不到及时有效的治疗，最终会发展为右心衰竭甚至危及生命。其中，特发性肺动脉高压已于2018年 被纳入国家卫生健康委公布的《第一批罕见病目录》。 ...

Group 1 - The core viewpoint of the news highlights China's economic performance in 2025, showcasing a stable growth characterized by a GDP of nearly 102 trillion yuan, with a year-on-year increase of 5.2% [2] - Industrial production leads the growth, with manufacturing value-added increasing by 6.5% and the information transmission, software, and IT services sector growing at 11.2% [2] - The tourism sector also shows significant recovery, with inbound travel ticket orders increasing by 180% year-on-year, indicating a strengthening of internal economic momentum [2] Group 2 - The eighth "Jiemian Finance Annual Conference" was successfully held, focusing on themes such as macroeconomics, industrial development, AI applications, and sustainable business [3][5] - The conference gathered leaders from various sectors to explore the resilience and transformation paths of the Chinese economy [3] - The event emphasized the importance of integrating technology and industry to accelerate the conversion of innovative results into productive forces [3] Group 3 - Professor Zhu Tian from China Europe International Business School discussed the challenges facing the Chinese economy, particularly the downward pressure from prolonged price declines [8] - He noted that while there is a perception of over-reliance on exports, consumer growth has outpaced investment growth over the past decade [8] - Zhu emphasized the need for demand-side policies to stimulate short-term demand while continuing supply-side reforms for long-term growth [9] Group 4 - Chairman Yuan Yue highlighted the "15th Five-Year Plan" as a crucial period for the new consumption industry revolution in China, advocating for technological innovation to drive product development [11] - He pointed out that traditional consumption models are becoming less effective in meeting new consumer demands, necessitating a focus on niche markets [11][12] Group 5 - Li Yizheng from Huaxi Biological Technology emphasized the integration of life sciences in addressing aging and health, aiming to create a comprehensive ecosystem for health solutions [14] - The focus is on advancing from manufacturing advantages to cutting-edge research in the biotechnology sector [14] Group 6 - The "2025 Jiemian REAL100 Innovators & Institutions" list was released, recognizing companies and investment institutions excelling in key sectors such as AI, advanced manufacturing, and healthcare [21] - This list serves as a significant reference for observing future trends in China's technology and industrial development [21] Group 7 - Professor Jiang Qingyun discussed the importance of brand building in conjunction with technology and creativity to promote high-quality economic development [22] - He emphasized the need for Chinese enterprises to enhance their brand influence in both domestic and international markets [22] Group 8 - Mitsubishi Electric's Director of Sustainable Development shared the company's commitment to balancing social contributions with business growth through sustainable practices [26] - The company is focusing on energy efficiency and carbon neutrality while adhering to ethical business practices [26]

经济观察网据人民财讯消息，12月19日在上海举行的2025年度中国游戏产业年会上公布的数据显示， 2025年国内游戏产业实际销售收入3507.89亿元，同比增长7.68%；游戏用户规模6.83亿，同比增长 1.35%，两项数据均创历史新高。 ...

经济观察报 记者 老盈盈 上述助贷人士表示，业务体量比较大的平台也会受到影响，但整体还能扛得住。规模小尤其待收规模 100亿元以下的平台，受到的影响特别大。他身边裁员的助贷公司越来越多，裁员比例在20%至30%的 都有，而他所在的公司正在考虑转型分期商城。 多名助贷人士告诉经济观察报记者，近期有些小型助贷公司针对下沉客户，正在转型分期商城业务。这 类助贷平台的目标客户一般是两类人，一种是无法在花呗、京东、美团等大型互联网平台获得授信、资 质较差的用户，或者是已经被金融机构列入黑名单的用户；另外一种是着急变现、深谙分期商城"套 路"的人。 上述助贷人士表示，这些分期商城的商品较市场价整体溢价30%以上，叠加24%年利率以内的分期服务 费率，成为分期商城主要的盈利模式。个别分期商城还建立了从购物至回收业务上的闭环，用户在分期 商城高价下单商品，再通过合作回收商，以5折至7折的折价变现。 溢价 上述华东地区的助贷人士表示，他最近关注到一家名为"桃多多"的分期商城已上线运营。由第三方助贷 公司运营的分期商城，有别于互联网平台、家电品牌、银行、持牌消费金融公司运营的分期商城，后者 因为品牌知名度高，有自己的获客生态，获 ...

2025年12月18日，北京市地方金融管理局局长曾林峰在"《财经》年会2026：预测与战略暨2025全球财富管理论坛"上致辞称，作为国家金融管理中心，北京 的金融业总资产规模约占全国的一半，金融业法人机构数、从业人员数、保险密度和深度等指标均居全国第一。 曾林峰称，截至2025年三季度末，北京市金融"五篇大文章"合计贷款余额6.8万亿元，北京地区银行间市场科创债发行规模位居全国前位。北交所提质扩容 成效显著，截至目前，上市公司的数量达到286家，全市境内外上市公司超800家次，城市排名第一。北京正致力于打造全球财富管理中心。目前，北京资管 机构资产管理规模约48万亿元，占全国的近30%。 曾林峰称，明年是"十五五"开局之年，将立足北京国家金融管理中心功能定位，从四个方面持续发力。 一是高标准推动金融业自身的稳健发展。进一步提升服务保障国家金融管理中心整体的能力水平，高质量编制北京金融业"十五五"规划，持续深化金融业重 点领域的改革发展，特别是综合运用信贷、债券、资本市场等渠道创新科技金融服务，积极打造北京服务品牌，进一步夯实金融业在首都经济发展中的压舱 石地位。 二是高效能促进金融支持实体经济的发展。聚焦金融 ...

当前，新能源产业正步入规模化存量运营的关键阶段，电站设备复杂度攀升，传统"人盯场"模式已难以 为继。在此背景下，兆新股份推出的Z.O.O体系，以"实时感知、全域互联、智能调度"为核心，打通数 据、算法与现场执行链路，推动运维模式向数字化、自动化转型。 经济观察网兆新股份（002256）12月19日发布新能源智慧运维解决方案"Z.O.O"，宣告以"AI+机器人"技 术矩阵强势切入电站运营服务市场，直指行业长期存在的运维高成本与低效率顽疾。 值得注意的是，公司明确将探索"机器人即服务"模式，并联合产业链构建开放生态。分析指出，此举不 仅有望重塑电站运维行业格局，亦可能为全球新能源资产管理输出重要的"中国方案"。 ...

Core Insights - The liquor industry in Yibin is playing an irreplaceable role in various sectors, driving the integration of liquor and tourism, and supporting the development of emerging industries [1][2] - The 2025 China International Famous Liquor Expo highlighted Yibin's unique resources and the success of deep integration between the primary and secondary industries [1] - Yibin's liquor industry is undergoing a transformation towards high-quality development through intelligent and digital upgrades, enhancing competitiveness [2][3] Industry Development - Yibin's liquor industry contributed 5% of the national production, 25% of the national revenue, and nearly 20% of the profits in 2024, becoming the first region in China with large-scale liquor enterprises generating over 200 billion yuan in annual revenue [5] - The establishment of the Liquor Industry Development Bureau in Yibin aims to promote high-quality development and support local enterprises through tailored assistance [4] - The integration of liquor and tourism is evolving from simple industrial visits to immersive experiences that combine cultural, natural, and culinary elements [7][8] Technological Advancements - Yibin is promoting the digital transformation of mid-sized liquor companies, enhancing production efficiency and reducing emissions through automation and intelligent systems [3][4] - Companies like Jinyangzao and Jinpai Nankai are implementing modern production techniques, achieving significant increases in production capacity and efficiency [4] Cultural Integration - Yibin is focusing on cultural elements to enhance the liquor tourism experience, creating a unique narrative around its liquor culture [8][9] - New tourism routes are being developed to connect local cultural and natural attractions with liquor production sites, enhancing the overall visitor experience [9] Economic Impact - The liquor industry serves as a financial backbone for Yibin, contributing significantly to local government revenues and employment [10] - In 2024, the liquor industry accounted for 16% of the province's production, generating 66% of total revenue and 60% of profits, while directly supporting over 60,000 jobs [10] Emerging Industries - The liquor industry is facilitating the growth of new sectors such as battery technology, photovoltaic energy, and storage, with significant investments from leading companies [10][11] - Yibin is attracting major enterprises and investments, establishing a modern industrial system that includes new energy and digital economy sectors [12]