Core Viewpoint - The establishment of a joint venture between Aotega and Suzhou Botemon is expected to leverage existing advantages in the automotive parts sector, facilitating the development of specialized motors for emerging industries, which is strategically significant for the company's growth [1] Group 1: Joint Venture Details - Aotega plans to invest in Suzhou Botemon Electric Co., Ltd. through its wholly-owned subsidiary, holding 2.25% of the shares, with the collaboration commencing in November 2025 [1] - Aotega and Suzhou Botemon signed an agreement in January 2026 to establish Suzhou Aobo New Energy Motor Co., Ltd., with the setup process currently underway [1] Group 2: Product Development Focus - The joint venture will focus on developing specialized motors for new industries, including high-end servo systems, in addition to enhancing existing product applications [1] - The initiative aims to prepare for market expansion and create new business growth trajectories for the company [1]

Market Overview - Recent market trends show rotation across multiple sectors, with a focus on investment opportunities ahead of the holiday season. Minsheng Securities reports that the market is expected to experience a mild tug-of-war between bulls and bears, with regulatory bodies prioritizing stable operations. Historical data indicates that the week before the Spring Festival is an optimal time for A-share investments, likely shifting market focus towards small and medium-sized growth stocks [2][4]. Sector Performance - The steel sector has shown strong performance, with companies like Baodi Mining and Dazhong Mining hitting their daily price limits. Baodi Mining's stock price reached 8.71 yuan per share, with a closing increase of 9.97% [5][6][8]. - Analysts suggest that rare metals are entering a new cycle of prosperity, driven by global supply chain restructuring and the rise of emerging industries. This positions rare metals as critical resources for energy transition and high-end manufacturing [4]. Company Developments - Baodi Mining has completed the acquisition of an 82% stake in Congling Energy, enhancing its iron ore resource base by approximately 21.75%, bringing total resources to about 460 million tons. This acquisition is expected to improve the company's operational capabilities significantly [8]. - The steel industry is also benefiting from favorable news, with expectations for structural opportunities as the market evolves. Analysts predict that by 2026, the steel sector may see a reduction in internal competition, leading to improved profitability in the special steel segment [9]. Banking Sector Insights - The banking sector has shown signs of recovery, with several banks, including Qingdao Bank and Zijin Bank, experiencing stock price increases. Analysts from Zhongjin Company believe that the focus on bank performance will be a key theme for the year, with high-growth banks expected to see their valuations rise above 1 times book value [10][11].

Core Viewpoint - The launch of the new AI service brand "AI Xiao Xi" by Western Securities marks a significant step in the company's transformation towards an intelligent wealth management platform, integrating AI capabilities into its existing APP to enhance user experience and service efficiency [1][2]. Group 1: AI Integration and User Experience - The core of the APP upgrade is a comprehensive reconstruction of intelligent investment services through AI, allowing users to interact via natural dialogue and receive clear, understandable answers from the company's proprietary research knowledge base [1][2]. - "AI Xiao Xi" features a 24/7 intelligent monitoring system that proactively captures key market signals, helping users shift from passive refreshing to intelligent perception [1]. Group 2: Decision Support and Investment Advisory - "AI Xiao Xi" integrates deeply with the company's research framework, providing multi-dimensional intelligent stock selection scenarios, aiding users in systematically identifying investment targets that align with their strategies [2]. - The upgrade enhances the company's investment advisory services, entering a new phase of "AI + advisory" dual-driven development, where AI expands service breadth and response efficiency while advisory deepens service quality [2]. Group 3: Emotional Engagement and Compliance - "AI Xiao Xi" features a personalized interaction approach through various stylized IP representations, reflecting the company's understanding of emotional engagement in wealth management [2]. - The system is built on a hybrid cloud architecture, ensuring financial-grade data security and compliance while maintaining service efficiency and stability, showcasing the company's commitment to technology-driven and inclusive finance [2]. Group 4: Business Growth and Future Outlook - Western Securities has experienced significant growth in its wealth management business, with professional asset allocation and advisory services becoming core drivers [3]. - The introduction of "AI Xiao Xi" is expected to further enhance service effectiveness and long-term value, injecting sustainable professional momentum into the company's customer-centric wealth management strategy [3].

"元旦就订满了""比往年订完得早""现在最早只有大年初七的位了"……随着马年春节脚步临近，年夜饭市场持续升温。 中国证券报记者调研采访了多家餐厅负责人、上门私厨，探寻年夜饭预订火爆背后，商家如何捕捉市场需求，解锁"团圆生意经"。 气温零下的冬夜里，北京隆福寺新春市集上，北京福州宾馆、联营烧麦、老川办餐厅等摊位前人头攒动。"福州小吃，鱼丸、肉燕、芋泥，可以两拼可以 三拼！"几口装着丸子肉片的大锅热气蒸腾，白雾瞬间凝结在围观客人的眼镜上。 生意的红火，清晰地映在老板脸上。北京福州宾馆经理、负责人杨明明笑着打开收款统计App，向记者展示这份冬日的收获："你别看天气这么冷，也卖 了7000多（元）。" 对于在异乡过年的人来说，那口最地道的"家乡味"成了不可或缺的乡愁寄托。深耕家乡味道，正是不少餐厅年夜饭经营的关键所在。 在某社交平台搜索私厨上门的部分结果 新需求呼唤新供给，私厨上门火了，也给不少人解锁了就业新赛道。 "平时大多数时候是给两三个人做菜，也会做宴席。过年这几天一天能有三单，早中晚都排满了，收入比平常高一些。"来自云南的"00后"陆女士向记者讲 述自己在北京全职从事私厨上门的经历，"现在做私厨上门的'00后 ...

服务价格上涨0.1%，影响CPI同比上涨约0.05个百分点，对CPI同比的上拉影响比上月减少约0.2个百分点。服务中，飞机票、旅行社收费和家政服务价格 分别下降14.3%、7.7%和3.5%，三项合计影响CPI同比下降约0.16个百分点，而上月其对CPI同比影响为上拉约0.04个百分点。 国家统计局2月11日发布的数据显示，1月份，居民消费需求持续恢复，居民消费价格指数（CPI）环比上涨0.2%，同比上涨0.2%，扣除食品和能源价格的 核心CPI同比上涨0.8%；工业生产者出厂价格指数（PPI）环比上涨0.4%，同比下降1.4%。 核心CPI保持温和上涨 1月CPI同比上涨0.2%，涨幅有所回落。对此，国家统计局城市司首席统计师董莉娟认为，主要受春节错月影响。上年1月份为春节月份，食品和部分服务 价格上涨较多，导致上年同期对比基数较高，带动1月同比涨幅回落较多。 图片来源：国家统计局 分类别看，食品价格下降0.7%，影响CPI同比下降约0.11个百分点，而上月对CPI的影响为上拉约0.21个百分点。食品中，鲜菜价格上涨6.9%，涨幅比上月 回落11.3个百分点，对CPI同比的上拉影响比上月回落约0.27个百分 ...

Core Insights - The article highlights the launch of "Yang Fengchi Intelligent Avatar," a pioneering AI-driven psychological service certified by leading experts in China, marking a significant advancement in AI health services [1][2] Group 1: Product Overview - "Yang Fengchi Intelligent Avatar" replicates the expertise of Professor Yang Fengchi, a prominent figure in Chinese applied psychology, focusing on emotional guidance, parent-child relationship mediation, and workplace stress relief [1] - The product utilizes a high-quality private dataset for training, ensuring that it can effectively track user emotions and provide personalized psychological support [1][2] Group 2: Expert Validation - The intelligent avatar has received unanimous recognition from top psychological experts from institutions such as Tsinghua University and Peking University, indicating its superior reliability and practicality compared to standard AI tools [2] Group 3: Unique Features - Unlike common AI tools, the intelligent avatar emphasizes replicating the "decision-making essence" of experts rather than merely functioning as a digital entity, providing a closed-loop service that includes personalized reminders and dynamic adjustments based on user health profiles [3][4] - The service aims to connect users with actionable resources, transforming professional advice into practical steps, thus bridging the gap between online suggestions and offline implementation [3] Group 4: Ethical and Safety Considerations - The product incorporates a three-tiered safety framework, prioritizing certainty over mere intelligence, with expert oversight, ethical mechanisms, and regulatory compliance to ensure trustworthy service delivery [4] Group 5: Targeting Youth Mental Health - The company is responding to the growing concern over youth mental health by launching "Dian Dian Expert," which includes a version for minors, designed to provide 24/7 support and personalized long-term companionship [6][7] - This initiative aligns with national policies aimed at enhancing mental health services for minors, ensuring that psychological support is accessible to all demographics [6][8] Group 6: Industry Context and Future Plans - The company is leveraging its expertise in quantitative analysis to transition into the AI health service sector, addressing the pressing needs of families and individuals through innovative solutions [9][10] - Future plans include expanding the range of intelligent avatars to cover various health and wellness areas, thereby creating a comprehensive support system for families [10][11]

2月11日，国新办召开新闻发布会，介绍2026年"乐购新春"春节特别活动等情况。 商务部副部长盛秋平表示，商务部将指导各地在春节期间增加以旧换新补贴数量，指导50个试点城市开 展有奖发票活动。各部门、各地区也将充分整合各领域优质消费资源，推出一批惠民举措。据了解，各 地已经安排20.5亿元资金，在9天假期内，通过发放消费券、补贴、红包等形式，直接惠及消费者。 三重大礼包送实惠 盛秋平介绍，此次"乐购新春"春节特别活动，商务部为广大消费者准备了三重大礼包： 第一重是以旧换新。前不久，商务部会同国家发改委、财政部，拨出了首批625亿元国补资金已经到达 各地商务部门，在春节9天假期内，将指导各地加大补贴投放，充分保障消费者按政策要求申领补贴。 文化和旅游部产业发展司负责人傅瀚霄表示，为了更好满足新春假期群众美好生活的需要，文化和旅游 部将从特色活动、惠民措施、场景创新等三个方面为大家献上年味十足的文旅大餐。 文化和旅游部围绕"欢欢喜喜过大年"主题，推出了"文化迎春·艺术为民""非遗贺新春·寻味中国年""文博 馆里过大年"等七大板块22项主题活动，丰富群众的文化生活。同时，在全球100多个国家和地区举 办"欢乐春节" ...

Core Viewpoint - The upcoming Spring Festival holiday is leading to an increase in the yield of government bond reverse repos, with specific strategies for investors to maximize interest earnings during this period [1][2]. Group 1: Yield Trends - As of February 11, 2023, the yield for the 1-day and 3-day government bond reverse repos in the Shanghai market increased, with GC001 rising by 5 basis points to 1.67% and GC003 increasing by 3 basis points to 1.66% [2]. - In the Shenzhen market, the yield for the 1-day government bond reverse repo rose by 6 basis points to 1.66%, with other maturities also showing upward trends [2]. Group 2: Investment Strategy - Investors can earn interest for a longer duration by strategically timing their operations; for instance, a 2-day reverse repo on February 11 allows for 12 days of interest, while a 1-day reverse repo on February 12 allows for 11 days of interest [3]. - The last trading day before the holiday is February 13, and operations on this day will not yield holiday interest [3]. Group 3: Operational Guidelines - The minimum investment for government bond reverse repos is set at 1,000 yuan, with increments in multiples of 1,000 yuan [6]. - Investors should monitor real-time yields and consider the timing of their transactions, as yields tend to decline after 3 PM [6].

最近，涨价主题屡屡爆发，继光纤、CDN（内容分发网络）后，今天上午，市场又有三个涨价主题大涨。 这三个涨价主题分别是小金属、染料、电子布，前两者催化了上午的周期股行情，有色金属、化工等板块领涨。电子布主题中，国际复材上午"20CM"涨 停，中国巨石、宏和科技、中材科技等个股涨停。 AI应用方向回调，影视院线、短剧游戏、快手概念等板块跌幅居前。截至上午收盘，上证指数上涨0.22%，深证成指下跌0.07%，创业板指下跌0.91%。 | 上证指数 | 深证成指 创业板指 | | --- | --- | | 4137.55 | 14200.38 3290.41 | | +9.18 +0.22% | -10.25 -0.07% -30.13 -0.91% | 具体看这三大涨价主题。 小金属板块上午大涨，章源钨业、翔鹭钨业、金钼股份等个股大涨。 据中钨在线数据，2月10日，轻重稀土产品价格显著上涨。其中，氧化镨钕、镨钕金属与氧化铽价格分别约涨50000元/吨、65000元/吨和50000元/吨。2月9 日，钼精矿、钼铁与七钼酸铵价格分别约涨20元/吨度、1000元/吨和4000元/吨。2月9日，65%黑钨精矿价格报68. ...

2026年以来，钨价延续了2025年强势上涨态势。据中钨在线2月6日最新报价，主要钨制品涨幅较年初均 超40%，再创历史新高。 钨被称为"工业牙齿"，广泛应用于机械制造、化工、新能源、高端装备等领域，且难以替代。多份机构 研报表示，由于上游供应持续偏紧与下游需求逐步爆发的双重共振格局短期难改，钨价中枢有望持续抬 升。 2026年以来涨幅超40% 2025年至今，钨价经历了前所未有的上涨行情。黑钨精矿、APT（仲钨酸铵）等主要钨制品价格涨幅均 超200%，领涨小金属板块。 2月11日，小金属、稀有金属板块震荡走强，章源钨业、翔鹭钨业盘中创新高，中钨高新、厦门钨业、 东方钽业、中国铀业、锡业股份跟涨。 消息面上，有分析称在全球供应链重构与新兴产业加速崛起的双重驱动下，稀有金属作为支撑能源转 型、高端制造及国家安全的关键战略资源，正迎来新一轮景气周期。 "工业牙齿"价格再创新高！今年以来上涨超40% 2025年7月起，多种化工品、工业制品、原料价格掀起上涨浪潮，引发市场的广泛关注。价格跳动的曲 线背后，藏着市场最关切的三重追问：此轮涨价由何驱动？这波涨势能持续多久？产业链上下游企业的 业绩能否借此迎来修复契机，又将 ...