1月13日，立讯精密公告称，由于印度闻泰相关资产存在包括资产查封、冻结等在内的交割受限情形， 导致无法办理权属变更手续，相关资产交易尚未完成权属交割。基于前述因交易对方原因导致的实质性 交割障碍，本次印度资产转让协议的合同目的已无法实现。 根据公告，闻泰科技要求立讯联滔根据《印度资产协议》的相关约定，支付印度业务资产包剩余的交易 对价约1.6亿元；而立讯联滔主张终止《印度资产协议》并返还其此前已支付的交易对价，合计约19.77 亿印度卢比，并支付自立讯联滔发出终止通知书之日起至前述款项实际支付日期间产生的相应利息及仲 裁费用。 截至今日收盘，立讯精密跌1.53%，报54.58元；闻泰科技跌3.45%，报38.58元。 编辑｜心一 据公告，公司全资子公司Luxshare Lanto India Private Limited已向新加坡国际仲裁中心提起仲裁申请并 提交了仲裁通知，请求裁决终止印度资产转让协议，并诉请印度闻泰退还已支付的交易对价及其他费用 合计印度卢比19.77亿元（约人民币1.53亿元），并支付至实际清偿之日止的利息。 立讯精密表示，有关印度闻泰业务资产包交易的终止，不会对公司正常生产经营活动和财 ...

2026年开年，沃尔沃在全球多个市场发起了一项召回计划。 近日，澳大利亚联邦交通部发布召回通知，召回在2024年生产的2815辆沃尔沃EX30。上述通知称，由 于制造问题，沃尔沃EX30高压电池可能存在过热风险。 召回公告称，在等待沃尔沃开发解决方案期间，车主可以继续使用受影响的车辆，但应确保不要将电池 充满电，车主应将电池电量保持在70%以下。 而在此之前，1月2日，沃尔沃正式向美国国家公路交通安全管理局（NHTSA）提交召回报告，宣布召 回40辆2025年款EX30电动汽车。召回原因同样是车辆搭载的高压电池存在缺陷。 美国NHTSA召回报告显示，被召回的沃尔沃EX30电池电芯因制造工艺偏差，可能导致锂枝晶生长，进 而引发电芯内部短路和过热，这种过热可能导致电池内部发生火灾。最终维修方案仍在开发中，沃尔沃 预计将于2026年2月23日左右开始邮寄正式通知信。在这之前，沃尔沃建议车主将充电水平保持在70% 以下，并避免将车辆停放在室内。 除此之外，第一财经记者获悉，加拿大运输部也于1月2日发布召回通知，召回85辆2025年款EX30；南 非国家消费者委员会（NCC）于1月7日宣布召回372辆2024~2026 ...

此外，公司的几名执行董事也有变更。宋青辞任公司执行董事及提名委员会成员，高洁辞任公司执行董 事。相关人员辞任后，将继续在集团担任重要管理职能。同时，为支持本公司持续创新及长期发展，磨 砺并培养年轻一代管理团队，李娜娜、朱银花、焦德凤及朱轩宜已分别获委任为公司执行董事，均为女 性。 创始人张勇又做回海底捞CEO了。 1月13日，海底捞国际控股有限公司（下称"海底捞"，股票代码：6862.HK）发布公告称，苟轶群辞去 CEO，张勇接任。 | | 審核委員會 | 新酬委員會 | 提名委員會 | 企業管治 委員會 | | --- | --- | --- | --- | --- | | 張勇先生 | | 成員 | 主席 | | | 周兆呈先生 | | | | | | 李朋先生 | | | | | | 李娜娜女士 | | | 成員 | | | 朱銀花女士 | | | | | | 焦德鳳女士 | | | | | | 朱軒宜女士 | | | | | | 蔡新民醫生 | 成員 | 成員 | | 成員 | | 許廷芳先生 | 成員 | 主席 | 成員 | | | 齊大慶先生 | 主席 | | 成員 | | | 馬蔚華博士 | | ...

2026.01.13 本文字数：3434，阅读时长大约5分钟 作者 |第一财经 曹璐 1月13日，单日"吸金"120亿的市场传言尚未平息，德邦稳盈增长（004260）一日内两度收紧"限购闸 门"，A/C份额将单日限购10万元、1万元。德邦基金对第一财经明确否认披露盘中规模，称此举是因相 关产品近期市场关注度较高，旨在保护持有人利益，后续将根据实际运作需求动态优化相关安排。 第一财经观察发现，不同销售平台对该产品的风险判定与展示出现分化。蚂蚁基金已悄然将德邦稳盈增 长的风险等级上调至"高风险"并下线优化加仓榜功能，该产品本周浏览量超210万人次；而另一平台仍 显示其位居加仓风向标以及24小时热搜基金榜首，市场热度可见一斑。 1月13日早盘，德邦基金公告称，旗下德邦稳盈增长即日起在单一销售机构的大额申购(含转换转入及定 期定额投资)业务限额进行调整，A类份额限购1000万元，C类份额限购100万元。当日盘后再发公告， 宣布14日起限购金额将大幅收紧至10万元与1万元。 对此，德邦基金对第一财经表示，鉴于相关产品近期市场关注度较高，限购是为保护现有持有人利益、 保障基金平稳运作。此外，考虑到基金申购的资金流入可能对 ...

Core Viewpoint - The final ruling on the "love to buy or not" maliciously edited interview has been upheld, confirming it as malicious editing by the media, marking the end of a nearly five-year legal battle for the founder of Zhong Xue Gao, Lin Sheng [2]. Group 1: Legal Proceedings - The final judgment confirmed that the edited video, which misrepresented Lin Sheng's comments about high-priced ice cream, was a result of malicious editing driven by traffic [2]. - The first-instance judgment in 2025 recognized the editing as defamation, ordering the defendants to pay 2.3 million yuan and issue a public apology [2]. - The legal battle began in 2021 and concluded recently, with Lin Sheng stating that while the outcome does not help Zhong Xue Gao's current situation, it is still considered good news [2]. Group 2: Financial Status - As of now, Zhong Xue Gao Food (Shanghai) Co., Ltd. has two enforcement cases with a total amount of 5.8673 million yuan, and a historical record of 39 enforcement cases exceeding 67.11 million yuan [3]. - The company has been listed as a dishonest executor in 10 cases, involving amounts over 7.25 million yuan [3]. - On July 16, 2025, Zhong Xue Gao was applied for bankruptcy by Shanghai Zhenliao Trading Co., Ltd., with the Shanghai Third Intermediate People's Court handling the case [2].

2026.01.13 本文字数：3116，阅读时长大约5分钟 作者 |第一财经 缪琦 热门演唱会和顶级赛事一票难求，文化游戏IP周边及主题活动长队不息……在传统实体消费爬坡复苏的 背景下，服务业和消费新业态却不缺人气，并显出巨大吸金力。在这种反差下，服务业提质和消费提振 的联动，既是一场"双向奔赴"，也亟待政策助推加速。 近日，《上海市促进服务业提质增效和消费提振扩容联动发展的若干措施》（下称《若干措施》）印 发，这是上海继2025年底印发《关于进一步扩大上海服务消费的若干措施》即"16条"之后的又一新政。 此次上海聚焦服务业和消费联动发展的结合点和着力点，提出28条政策举措，旨在从优化供给和扩大消 费两端共同发力，加快培育服务供给和消费需求的新增长点。 上海社科院经济研究所所长沈开艳告诉第一财经，《若干措施》表明，上海促消费的战略重心转变了， 从原来着眼于短期刺激的战术性举措，转向致力于服务业提质和消费扩容联动互促的长期战略性布局。 上海发改委研究院副院长马海倩对第一财经表示，此次新政突出系统性联动，指向性明确，也即更强调 供给端的"品质竞争"，推动服务业从规模扩张转向价值提升，释放出以质促消、以消带产的清 ...

Core Viewpoint - Guizhou Moutai has announced a market-oriented transformation plan for its marketing system to better align with market and consumer trends, focusing on a consumer-centric approach and market demand-driven strategies [1] Group 1: Product System - The plan includes a comprehensive product system that aims to enhance the overall marketing strategy [1] Group 2: Operational Model - The operational model is shifting from a traditional "self-sale + distribution" model to a multi-dimensional collaborative marketing system that includes "self-sale + distribution + consignment + consignment" to better meet consumer needs [1] - The self-sale model will focus on direct sales through self-operated stores and the iMoutai platform, targeting both C-end and B-end consumer groups, while eliminating the previous distribution model [1] - The distribution model will clarify sales volume, designated sales areas or channels, and transfer ownership to distributors, while the consignment model will not transfer ownership and will leverage online retail, offline retail, dining, and private domain channels to enhance regional coverage and channel reach [1] Group 3: Pricing Mechanism - The pricing mechanism will be market-oriented, establishing a dynamic adjustment mechanism for retail prices in the self-operated system that is "in line with the market and relatively stable" [1] - The current retail prices in the self-operated system are already being implemented on the iMoutai platform and in self-operated stores [1]

德邦基金对第一财经明确否认披露盘中规模，并表示，考虑到基金申购的资金流入可能对基金的收益率 产生稀释效应，基于"持有人利益优先"的核心原则，为切实保护全体基金份额持有人的合法权益，维护 基金资产的稳健运作，我司审慎研究后决定，进一步下调该基金的申购限额。后续，公司将持续密切关 注基金规模变化与市场波动情况，根据实际运作需求动态优化相关安排。 记者｜曹璐 1月13日，德邦稳盈增长一日内两度收紧"限购闸门"。盘后公告显示，其A类和C类份额于14日起将限购 金额收紧至10万元与1万元。前一日，该产品曾盘中传出单日获超百亿元的申购。 编辑｜钉钉 ...

Core Insights - The seventh edition of "Company Secrets" is now available for pre-sale, focusing on in-depth financial analysis rather than superficial business advice [1] - The publication aims to uncover the underlying logic of companies' profitability and losses, featuring case studies from various companies [1] Summary by Topics Company Performance - NIO's L90 achieved a monthly sales figure of 15,000 units, attributed to a pricing strategy of 260,000 and platform-based production, marking a significant recovery from 5,000 monthly sales to over 40,000 [1] - Pop Mart's revenue reached 3.4 billion, with profits surpassing global toy giant Mattel, driven by the normalization of IP blockbuster products [1] - Bawang Tea's revenue increased by 167% within a year, supported by a high-end positioning strategy and expansion into lower-tier markets [1] Industry Trends - The publication also addresses challenges faced by Nintendo with the Switch, Hengrui's transformation in centralized procurement, and Cambrian's resurgence in AI computing power [1]

Market Performance - The A-share market experienced a day of volatility, with the Shanghai Composite Index falling by 0.64%, the Shenzhen Component Index down by 1.37%, the ChiNext Index decreasing by 1.96%, and the Sci-Tech Innovation Board Index dropping by 2.66% [1][2]. Sector Performance - The commercial aerospace sector saw a significant decline, with multiple stocks hitting the daily limit down [2][4]. - The computing hardware supply chain faced a downturn, particularly in the server and CPO segments [2]. - Conversely, sectors such as AI applications, innovative pharmaceuticals, medical services, and ultra-high voltage concepts showed strength [2]. Notable Stocks - Oil and gas stocks experienced a rally, with TBEA Co., Ltd. and Zhongyou Co. hitting the daily limit up, and Tongyuan Petroleum rising over 10% [2][3]. - Specific stocks that gained include: - Tongyuan Petroleum: +11.66% to 7.18 - Zhongyou Co.: +10.00% to 9.02 - CNOOC Services: +46.03% to 15.29 [3]. Declining Stocks - The commercial aerospace concept stocks collectively retreated, with companies like China Aerospace Science and Technology and China Satellite Communications hitting the daily limit down [2][4]. - Notable decliners include: - Aerospace Electronics: -10.01% to 28.40 - Putian Technology: -10.01% to 36.78 - Aerospace Long Peak: -10.00% to 26.45 [4]. Trading Volume - The total trading volume in the Shanghai and Shenzhen markets reached 3.65 trillion, setting a new historical high, with over 3,700 stocks declining [4]. Capital Flow - Main capital flows showed net inflows into sectors like medical devices, gaming, and energy metals, while there were net outflows from consumer electronics, aerospace, and telecommunications [6]. - Specific stocks with net inflows include: - TBEA Co., Ltd.: +1.846 billion - Haige Communication: +1.661 billion - Zhangqu Technology: +791 million [6]. - Stocks with significant net outflows include: - Goldwind Technology: -5.043 billion - Aerospace Electronics: -4.378 billion - Bluefocus Communication: -2.976 billion [6]. Institutional Insights - Guotai Junan Securities noted that market fluctuations do not alter the slow bull market trend, suggesting a focus on AI and cyclical opportunities [6]. - Jinyuan Securities indicated that the market is in a consolidation phase, recommending attention to undervalued sectors [6]. - Zhongtai Securities projected that the market may exhibit characteristics of bottom lifting and active main lines in the first quarter and beyond [6].