Market Overview - The market showed signs of recovery with all three major indices turning positive, and the ChiNext index rising over 1% at one point [1] - The total trading volume in the Shanghai and Shenzhen markets was 2.89 trillion yuan, a decrease of 353.2 billion yuan compared to the previous trading day [1] - Despite the overall market recovery, over 3,400 stocks experienced declines [1] Sector Performance - The semiconductor industry chain continued to rise, with Huahong Semiconductor reaching a historical high, and stocks like Yaxing Integrated and Shenghui Integrated hitting the daily limit [1] - Precious metals maintained strong performance, with China Gold achieving three consecutive limit-ups and Hunan Gold two consecutive limit-ups [1] - The CPO concept saw active performance, with Yuanjie Technology rising over 10% to reach a historical high, and Huilv Ecology hitting the daily limit [1] - The space photovoltaic concept showed continued recovery, with Yujing Co. achieving three limit-ups in four days, and Saiwu Technology hitting two limit-ups in three days [1] - The superhard materials sector strengthened, with Huanghe Whirlwind hitting the daily limit [1] Declining Sectors - The coal and battery sectors experienced significant declines, with the battery industry chain collectively dropping, including Tianji Co. and Huasheng Lithium Battery falling over 6% [1] Closing Summary - At the close, the Shanghai Composite Index rose by 0.18%, the Shenzhen Component Index increased by 0.09%, and the ChiNext Index gained 0.71% [1]

引言 在充满挑战与机遇的交易世界里，每一位优秀交易员的成长之路都值得被记录。近日，金盘手模拟账户 考核项目迎来了又一位成功通关的选手——杨琰骏泽。在通过100万模拟账户的严格考核后，我们与他 进行了一次深度的对话，探讨了他的交易理念、成长经历与对未来的思考。 一、专注日内，严控风险：交易的第一准则 杨琰骏泽在采访中反复强调："我只做日内，绝不隔夜。"在他看来，隔夜持仓不仅伴随着不可控的外部 风险，也不符合他对"安全交易"的根本追求。他主要交易股指期货，因其流动性好、行情节奏快，能在 较短周期内捕捉机会。同时，他坚持轻仓交易，注重仓位管理，将杠杆控制在安全范围内，避免因单次 行情波动而陷入被动。 二、行情与策略：在变化中保持清醒 杨琰骏泽的成长并非一帆风顺。他曾在多家机构接受训练，经历过严格的盘口策略训练与频繁的模拟考 核。回顾这段经历，他表示："痛苦的经历反而是进步最快的阶段。"他强调，交易员必须在每次亏损后 认真总结、持续优化策略，而不是重复犯错。"很多人交易多年却仍在原地踏步，往往是因为缺乏系统 性的反思与进化。" 四、选择金盘手：与理念相符的平台共同成长 在众多考核平台中，杨琰骏泽最终选择了金盘手。他看 ...

Core Viewpoint - Lenovo's zero-carbon factory in Tianjin exemplifies the integration of sustainable practices in manufacturing, setting a benchmark for the industry in green intelligent manufacturing [1][6]. Group 1: Policy and Industry Context - The Ministry of Industry and Information Technology and four other departments issued guidelines to promote the construction of zero-carbon factories in sectors like automotive, lithium batteries, photovoltaics, and electronics by 2027 [1][4]. - The guidelines aim to strengthen green manufacturing by enhancing carbon emission accounting, accelerating energy structure transformation, improving energy efficiency, analyzing product carbon footprints, increasing digitalization, and promoting carbon offsetting [2][4]. Group 2: Lenovo's Zero-Carbon Factory Initiatives - Lenovo's Tianjin factory, completed in 2023, is the first "ecological zero-carbon factory" in the ICT industry, featuring a "six-in-one" zero-carbon framework with 90 carbon reduction scenarios across nine areas [1][2]. - The factory's design includes centralized energy systems, rainwater recycling, and geothermal energy utilization, achieving a 50% reduction in energy consumption compared to conventional methods and saving over 25,000 tons of fresh water annually [2][3]. Group 3: Technological Innovations and Achievements - Lenovo implemented an ESG management control console and a zero-carbon 3D visualization platform to monitor energy consumption, achieving over 400 tons of precise carbon reduction annually [3]. - The factory has installed 30,000 square meters of distributed photovoltaic panels, generating over 5 million kWh of electricity per year, equivalent to the annual consumption of 2,000 households, contributing to a reduction of 3,000 tons of carbon emissions [3]. Group 4: Industry Collaboration and Knowledge Sharing - Lenovo's approach includes deep collaboration with suppliers, with 42% of procurement suppliers adopting scientific carbon targets and over 95% undergoing ESG audits, alongside extensive training programs for suppliers [5]. - The company is also offering its zero-carbon management platform and carbon footprint accounting models as digital services to assist other manufacturers, particularly small and medium-sized enterprises, in their green transition [5][6].

Group 1 - The core viewpoint of the article highlights Shanghai Jingzhi's significant milestone in the industrial AI sector with its IPO application, showcasing its leadership in smart manufacturing solutions and its unique "data + manufacturing + AI" closed-loop ecosystem [1] - The global manufacturing industry is at a critical juncture of intelligent transformation, with China's industrial AI solutions market projected to grow from RMB 5.8 billion in 2024 to RMB 93.5 billion by 2030, reflecting a compound annual growth rate of 58.8% [2] - Shanghai Jingzhi has a first-mover advantage with nearly 20 years of data accumulation, serving leading clients in automotive, communication, and robotics sectors, which has resulted in a rich industrial data resource [2][3] Group 2 - The company has launched multiple commercial AI products that cover core manufacturing processes, significantly reducing production planning time and enhancing defect detection capabilities [3] - Shanghai Jingzhi's unique model of using its own factory for training AI algorithms sets it apart from traditional equipment manufacturers and pure software startups, allowing it to address real industrial needs effectively [4] - The company aims to deepen its core AI products and explore SaaS offerings, with a long-term vision of building an industrial AI ecosystem platform that leverages data feedback loops to enhance algorithm advantages [4] Group 3 - The IPO of Shanghai Jingzhi serves as an important window for observing the effectiveness of industrial AI implementation, with its value stemming from its data moat, productization capabilities, and industry positioning [5] - The company represents a stable and growth-oriented investment opportunity, benefiting from its manufacturing foundation and the growth potential brought by AI empowerment [5] - Shanghai Jingzhi's nearly two decades of manufacturing experience is a valuable intangible asset, establishing a barrier that is difficult to disrupt through short-term capital or algorithmic innovation [5]

Core Insights - The article highlights the significant issues related to after-sales service complaints, which account for 38.43% of total complaints, with a particular focus on the home appliance sector and the emergence of "flash" consumption as a new complaint scenario [1][5]. Group 1: Complaint Statistics - A total of 8,580 consumer complaints were processed by the municipal consumer protection committee in 2025, resulting in a recovery of economic losses amounting to 9.6961 million yuan [1]. - Product-related complaints totaled 6,440, representing 75.06% of the total complaints, with home electronics, food, and transportation being the top three categories [2]. - Service-related complaints amounted to 1,757, making up 20.48% of the total, with dining, education, and cultural services being the most complained about [2]. Group 2: Nature of Complaints - After-sales service issues accounted for 38.43% of complaints, quality issues for 28.30%, and false advertising for 12.35% [3]. - The proportion of complaints related to false advertising increased by 45.29% compared to 2024, marking the largest rise [4]. Group 3: After-Sales Service Issues - In the home appliance category, out of 1,995 complaints, 1,002 were related to after-sales service, highlighting the industry's "big market, small workshop" ecosystem flaws [5]. - Many home appliances are subject to a "three guarantees" policy, which includes a five-year supply of spare parts, but rapid product iteration and lack of parts have led to repair difficulties [5]. - Common issues include confusion between "extended warranty" and "three guarantees," unclear charges for repairs outside the warranty period, and the prevalence of unqualified repair shops [5]. Group 4: Emerging Complaint Scenarios - Two new complaint hotspots have emerged: issues related to national subsidy policies in the home appliance and home decoration sectors, where some merchants exploit loopholes for profit [6]. - Problems during the "old-for-new" appliance exchange include merchants failing to deliver, not honoring price guarantees, and misleading consumers about subsidies [6]. - "Flash" consumption scenarios in commercial markets have also become complaint hotspots, with issues such as hidden merchant information, false advertising, and the sale of substandard products due to short-term vendor contracts and inadequate oversight [6].

Core Insights - The financial services industry is evolving from meeting individual needs to supporting the entire family lifecycle, with Agricultural Bank of China launching the "Leisure Family Card" to promote a comprehensive financial ecosystem centered around families [1][3] Group 1: Industry Perspective - Family finance is seen as the next strategic frontier, connecting various aspects such as consumption, education, health, and retirement, while traditional financial products often fail to integrate individual and family needs [3] - Agricultural Bank aims to break this limitation by using the Leisure Family Card as a new model for family services [3] Group 2: Leisure Family Card Innovation - The Leisure Family Card promotes inclusive finance by offering packages for couples and families, along with a points-sharing feature that allows cardholders to share points with family members, enhancing resource integration [4] - It constructs a new industry model of "finance + lifestyle," covering travel, health, and consumption, and collaborates with quality partners to create an open benefits platform [5] - Data intelligence is utilized to analyze family consumption behaviors, creating detailed customer profiles that enhance service precision [5] Group 3: Future Industry Collaboration - Family finance is recognized as a burgeoning market that requires industry consensus and standards for healthy development, with the Leisure Family Card serving as a practical example for establishing service standards [6] - The deeper value of financial services lies not only in transaction efficiency but also in the ongoing support for family stability and growth, marking a significant attempt by the bank in a niche market [6]

凤凰网财经讯 1月27日，A股三大指数集体低开，沪指跌0.18%，深成指跌0.23%，创业板指跌0.09%。 有色金属、玻纤、BC电池等板块指数跌幅居前。 2026年家电国补政策调整，将聚焦核心品类与农村市场。政策覆盖大家电6个核心品类、补贴1级能效， 补贴比例为15%。首批625亿元额度提前下达，全国覆盖，重点攻坚农村市场。京东投入300亿元推 行"三免四不限"，预计新增覆盖3000-4000万农村人口，农村市场成2026年主增量场景。 中信建投：锂电通胀开始，产能刚性环节价格趋势明确，上限难以捉摸 鉴于本轮锂电周期与上轮光伏周期本质驱动力和截至目前的剧情演绎高度相似，本篇报告系统性地复盘 光伏大周期是为本轮锂电之参考，主要结论有三：1、市场多言涨价影响需求，但实际从未影响，最终 演绎的结果是量价齐升，中上游向下游电站要利润，全产业链通胀。2、产能刚性环节的价格是需求的 风向标，最终价格回落是由于产能投放而非需求萎缩。3、股价层面：底部估值抬升之后，市场可能会 对需求产生怀疑导致板块阶段性纠结，但最终因产业链量价齐升股价同步跟随，价格弹性大的环节表现 最优。 机构观点 华西证券：趋势不变，聚焦三条配置主线 ...

例如，山东道恩高分子材料股份有限公司成功实现轮胎用高气体阻隔动态硫化合金材料（DVA）规模 化生产，打破国外技术垄断，成为全球第二家实现DVA材料量产的企业，标志着我国高端轮胎阻隔材 料达到国际领先水平。该材料可有效降低汽车行驶过程中的轮胎滚动阻力，续航里程提高5%左右，满 足燃油车节油、新能源车续航提升的迫切需求。目前已在玲珑轮胎（601966）等下游企业的多规格轮胎 中推广应用，预计两年内可实现年产值10亿元，拉动上下游产值近百亿元，推动我国轮胎行业快速发 展。 又如，山东钢铁（600022）集团日照有限公司成功实现5种不同牌号镍系钢全规格产品的批量化稳定生 产，打破国外技术垄断，实现了高性能钢材制造与应用的全新突破。该系列产品可适用于-101℃ 至-196℃的温度范围，钢板厚度公差可控制在0.05mm，主要性能指标达到国际领先水平。目前，镍系 钢相关产品已累计供货3万余吨，产值近7亿元。未来，预计年产能可达6万吨、年产值超14亿元，为我 国航空航天、工程机械、能源工业等关键领域提供核心材料支撑。 几天前，一场由山东省科技厅主办的科技成果对接会在济钢集团举行，吸引百余家企业与会。作为全球 第一个，也是唯一 ...

其实只要留心观察不难发现，如今"绿色低碳发展"的力量已经悄然融入到我们的日常生活中。从顶层设 计到基层实践，从工业转型到市民生活，一场关于绿色发展的深刻变革，正在悄然发生。 能源"绿色含量"稳步提升 清晨6点，济南西站南广场，一辆纯电动公交车缓缓驶入站台。司机按下按钮，车顶的充电弓自动升 起，与站台顶棚的充电装置精准对接。"现在充电10分钟能跑一圈，比燃油车安静多了，也干净。" 这是济南公交系统电动化改造的一个日常场景。截至2025年底，济南已投运新能源公交车超过4000辆， 建成充电站200余座，公交电动化率超过90%。 变化始于2020年。那一年，济南在全国率先提出建设"无废城市"试点，随后又成为国家首批碳达峰试点 城市，再到今年济南两会上，低碳发展被写入"十五五"规划纲要和政府工作报告，成为城市发展的核心 战略之一。 在章丘区，华电章丘发电有限公司的厂区内，一座崭新的燃气—蒸汽联合循环机组正在稳定运行。与传 统燃煤机组不同，这座机组几乎看不到烟囱冒烟，厂区绿化率超过40%，更像一座公园。 "我们去年完成了两台66万千瓦超超临界燃煤机组的超低排放改造，现在正在推进燃气机组建设。"公司 环保负责人指着远处的 ...

1月26日，山东省住房和城乡建设厅举行新闻通气会，正式发布《关于加强建筑设计管理的若干措施》 (以下简称《若干措施》)。该文件由省住建厅联合省发展改革委、省自然资源厅共同制定，紧扣"适 用、经济、绿色、美观"新时期建筑方针，从七个方面系统性提升建筑设计管理水平，为全省城乡建设 高质量发展注入新动能。 立足发展需求破解行业瓶颈 山东省住房和城乡建设厅党组成员、副厅长、一级巡视员王润晓在解读中指出，建筑设计是工程建设的 先导和灵魂，更是塑造城市风貌、保障工程质量安全的重要支撑。近年来，山东建筑设计水平稳步提 升，涌现出一批优秀作品，但仍存在设计理念滞后、地域文化挖掘不足、监管机制不完善、创新能力与 人才队伍薄弱等问题，制约了行业高质量发展和群众居住体验提升。 当前，山东正处于城市建设内涵式发展的关键阶段，《若干措施》的出台既是落实中央及省委、省政府 关于城市工作部署要求的具体实践，也是建设"好房子"、满足群众美好生活向往，以及保障"十五五"规 划落地、培育新质生产力的重要举措。文件编制过程中广泛征求各方意见，经反复论证完善，凝聚了业 界智慧与共识。 创新驱动领域，聚焦新质生产力培育，推动BIM技术在大型公共建筑设 ...