随着国亮新材上市在即，截至1月22日，北交所月内上市的新股将达到3只。 对比此前情况，北交所的新股发行是否出现提速迹象？ 北交所的上市审核、新股发行正在密集开展，一周之内就有3场上市委会议、2只新股上市，以及2只新 股申购。 1月21日，爱舍伦（920050.BJ）登录北交所，上市首日大涨175.59%，当日报收44.04元/股，换手率达到 78.23%。当天，美德乐（920119.BJ）开启申购，每股发行价为41.88元，市盈率为14.99倍。明日（1月 22日），国亮新材（920076.BJ）将登陆北交所。 审核端，据北交所官网，本周（1月19日至23日），该所将共计召开3场上市委审议会议，至此，北交所 月内将安排了8场上市委会议，并连续出现"一周三审"的情况。 如何看待近期北交所的发行审核节奏？北京南山投资创始人周运南告诉第一财经，北交所新股冻资规模 持续保持高位，并有望继续冲高，市场释放出赚钱效应，市场高度期待北交所的新股上市提速、高质量 扩容。另有分析认为，结合2025年上市审核情况，北交所IPO正呈现"加速跑"态势。 一周三审、2股上市、2股打新 本周上市的2只新股爱舍伦、国亮新材，IPO申请均在 ...

Core Insights - The competition among tech giants and unicorns in the AI hardware sector is intensifying, with OpenAI planning to launch a series of small devices in the second half of the year, while Apple and ByteDance are also entering the AI hardware market [2][4]. Group 1: Investment Trends - There is a growing interest in AI hardware, with many investors shifting focus from software to hardware, particularly in Shenzhen, which is becoming a hub for AI hardware startups [11][12]. - Investment in AI hardware projects is becoming highly competitive, with some early-stage projects achieving valuations exceeding $100 million, driven by market enthusiasm [8][9]. - The investment landscape has changed significantly, with early-stage projects now receiving valuations that previously were only seen at later development stages [9][10]. Group 2: Entrepreneurial Landscape - Teams with backgrounds in major hardware companies like DJI are highly sought after by investors, as they are perceived to have a deeper understanding of the industry and a higher likelihood of success [6][7]. - Many successful startups in the AI hardware space are founded by former employees of established companies, indicating a trend of talent migration from large firms to startups [7][8]. - The emergence of AI hardware startups is being fueled by a wave of entrepreneurs who previously worked in hardware giants, leading to a competitive environment for funding [7][8]. Group 3: Product Development and Market Demand - AI hardware products are diversifying, with categories such as AI toys and companion devices gaining traction, and many components being sourced locally in Shenzhen [13][15]. - The integration of AI into traditional hardware is creating new market opportunities, as companies explore how AI can enhance user interaction and product functionality [18][19]. - There is a notable increase in the production and sales of AI-enabled products, with companies reporting significant growth in demand for AI toys and related hardware [15][18]. Group 4: Future Outlook - The future of AI hardware remains uncertain, with ongoing discussions about what the next popular forms of AI hardware will be, including potential developments in wearable technology [18][19]. - Some investors express concerns about the overuse of the AI concept in marketing, suggesting that not all products labeled as "smart" or "AI-enabled" deliver real value [19]. - The market for embodied intelligence is expected to stabilize or decline as initial investment phases conclude and companies begin to demonstrate their commercial viability [19].

Core Insights - The article discusses the emergence of a new model named "MODEL1" from DeepSeek, coinciding with the one-year anniversary of the DeepSeek-R1 release, indicating potential advancements in AI model architecture [2][6]. Group 1: Model Development - "MODEL1" has been referenced in the updated FlashMLA code on GitHub, suggesting it may represent a new model distinct from the existing "V32" architecture [2][3]. - There are differing opinions in the industry regarding whether "MODEL1" is a version 4 model or an advanced inference model, with some developers speculating it could be the ultimate version of the V3 series [2][5]. - Key technical differences between "MODEL1" and "V32" include variations in key-value (KV) cache layout, sparsity handling, and support for FP8 data format decoding, indicating targeted design for memory optimization and computational efficiency [5]. Group 2: Anticipated Release and Features - The structure of the model files suggests that "MODEL1" is nearing completion or inference deployment, awaiting final weight freezing and testing validation, which implies a forthcoming launch [5]. - There are expectations for DeepSeek to release its next flagship model, DeepSeek V4, in February, with preliminary tests indicating it may surpass other top models in programming capabilities [6]. - Recent technical papers from DeepSeek introduce new training methods and an AI memory module, hinting that these innovations may be integrated into the upcoming model [6]. Group 3: Industry Impact - The DeepSeek-R1 model has been recognized as the most praised model on Hugging Face, significantly lowering barriers in inference technology and production deployment, thus influencing the open-source strategy of major Chinese companies [9]. - Over the past year, Chinese AI models have seen increased downloads on Hugging Face, surpassing those from the U.S., indicating a shift in reliance on Chinese-developed open-source models within the global supply chain [9].

1月21日，恒生指数收涨0.37%，恒生科技指数涨1.11%。 | 代码 | 名称 | 现价 | 涨跌 | 涨跌幅 | 成交额 | | --- | --- | --- | --- | --- | --- | | HSI | 恒生指数 | 26585.06c | 97.55 | 0.37% | 2505亿 | | HSTECH | 恒生科技 | 5746.30c | 62.86 | 1.11% | 662亿 | | HSBIO | 恒生生物科技 | 15873.73c | 130.76 | 0.83% | 101亿 | | HSCEI | 恒生中国企业指数 | 9122.95c | 28.19 | 0.31% | 888亿 | | HSCI | 恒生综合指数 | 4097.20c | 21.38 | 0.52% | 1686亿 | 科网股集体反弹，华虹半导体涨逾5%，商汤涨超4%， 同程旅行、 中芯国际、快手、 百度集团、阿里 健康涨逾3%，阿里巴巴、比亚迪股份、哔哩哔哩等均走高。 | 名称 | 现价 | 涨跌 | 涨跌幅, | 成交额 | | --- | --- | --- | --- | --- | | 花 ...

Core Viewpoint - The central government is addressing formalism and reducing burdens on grassroots levels, highlighting issues with local governments spending excessively on consulting services to improve rankings on various lists [2][5]. Group 1: Financial Expenditures and Consulting Services - Haicheng City spent 4.98 million yuan on a consulting project with a ranking evaluation agency to improve its position on a "Top County" list [4]. - The consulting project failed to provide valuable development suggestions tailored to local conditions, and the project acceptance was merely formal [4]. - The ranking agency adjusted Haicheng's score from 118th to 91st by increasing subjective indicators during the 2025 ranking process [4][5]. Group 2: Implications of Rankings and Local Governance - Local governments are reportedly spending money to achieve rankings on lists like "Top Counties" and "Top Towns," which increases the financial burden on grassroots levels and encourages profit-seeking behavior from ranking agencies [5]. - Haicheng City was recognized as one of China's top counties, ranking 91st in the national county economic development list, which was included in its 2025 government work report [5]. Group 3: Company Background and Performance - The ranking agency, CCID Consulting, is the first publicly listed consulting firm in China, with a revenue of approximately 129 million yuan in the first half of 2025, reflecting a 7% year-on-year increase [8]. - The company's gross profit was about 76.79 million yuan, up 12% from the previous year, with a gross margin of 59% [8].

现货黄金突破4800美元/盎司关口后，持续上扬，现已突破4880美元/盎司，日内涨2.57%。 编辑丨瑜见 1月21日，沪金期货主力合约突破1100元整数关口，日内涨4.54%，续创历史新高。 ...

Core Insights - The article discusses the emergence of a new model named "MODEL1" from DeepSeek, coinciding with the one-year anniversary of the release of DeepSeek-R1, indicating potential advancements in AI technology [1][4]. Group 1: Model Development - "MODEL1" has been referenced in the updated FlashMLA code on GitHub, suggesting it is a new model distinct from the existing "V32" architecture [1][2]. - There are differing opinions in the industry regarding whether "MODEL1" represents a V4 model or an advanced version of the V3 series [2][3]. - The new model is expected to be close to completion, awaiting final weight freezing and testing validation, indicating a near launch [3]. Group 2: Technical Innovations - FlashMLA is a proprietary software tool optimized for NVIDIA Hopper architecture GPUs, crucial for achieving low-cost and high-performance model implementations [3]. - Key technical differences between "MODEL1" and "V32" include variations in key-value (KV) cache layout, sparse processing methods, and support for FP8 data format decoding, suggesting targeted design for memory optimization and computational efficiency [3]. Group 3: Market Impact and Expectations - The anticipation for DeepSeek's next flagship model is high, with expectations that it will integrate recent research findings, including a new training method and an AI memory module [4]. - The release of DeepSeek-R1 has significantly influenced the open-source community, with increased contributions from major Chinese companies and a shift in global reliance towards Chinese-developed open-source models [5][7].

据《科创板日报》1月21日报道，今日网传抖音推出"抖省省"，是主打优惠省钱的电商类产品，抖音电 商对此辟谣称未开发此产品。《科创板日报》记者从知情人士处了解到，新产品是抖音本地生活服务团 购到店业务的阶段性探索，"最终名字可能也不会叫抖省省。" ...

Group 1 - The CPO concept stocks have seen a significant rise, with the sector index increasing by over 3% as of January 21 [1] - Notable stocks include Zhixiang Technology, which rose by 18.85%, and Robotech, which increased by 13.76% [2] - Other companies such as Lian Technology and Kexiang Co. also experienced substantial gains, with increases of 12.79% and 12.71% respectively [2][3] Group 2 - Several companies reached their daily limit up, including Huada Technology, Woge Optoelectronics, and Tongfu Microelectronics, all showing strong performance [3] - The stock of Zhixiang Technology surged by 18%, while Robotech and Lian Technology both rose by over 10% [3] - The overall market sentiment for CPO stocks appears positive, indicating potential investment opportunities in this sector [1][3]

从2025年春晚舞台惊艳亮相，到运动会上同场竞技，人形机器人成为科技界的新热点。 工信部副部长张云明21日在国新办发布会上表示，在人工智能驱动下，人形机器人产业超预期迭代演 进。2025年国内整机企业数量超140家，发布人形机器人产品超330款。业界普遍认为，2025年是人形机 器人量产元年，产业蓄势待发，前景广阔。 过去一年，工信部按照"创新驱动、场景牵引、生态协同"的思路，推进人形机器人技术和产品取得长足 进步。目前，我国人形机器人已经能够"站得住、走得稳、跑得快"，正加速从"舞台上动起来""赛场上 跑起来"向"家庭里用起来""工厂里干起来"转变。 工信部成立了人形机器人与具身智能标准化技术委员会，70余家头部企业、科研院所积极参与。在具身 智能领域支持建设国家人工智能应用中试基地，打造人形机器人与具身智能 "研发-设计-测试-制造-应 用"一体化创新先发地。 张云明表示，下一步，将持续推动人形机器人技术创新和迭代升级，以人形机器人为小切口带动具身智 能大产业发展。着力"攻技术"，持续组织揭榜挂帅等任务，布局国家科技重大项目，提升大模型、一体 化关节、算力芯片等技术水平。持续"保安全"，加强人形机器人产品 ...