Feng Huang Wang Cai Jing
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生成式AI重塑生产力,美图Wink领跑2025年度影像赛道
Feng Huang Wang Cai Jing· 2026-01-22 05:16
2025年,AI技术在细分领域加速落地,视频编辑赛道也告别单纯功能叠加的粗放竞争,进入以"生产力 重塑"为核心的新阶段。近日,Wink连续登上多个行业榜单,成为影像领域值得关注的案例。 作为美图公司旗下视频编辑制作工具,Wink靠视频与动态影像优化、画质修复、Live美颜等功能,与 剪映等其他产品打出了差异化。 行业观察人士称,AI技术加速迭代的背景下,通过持续的技术创新与场景深耕实现差异化突围,深度 助力用户年轻化、创意化表达是趋势所向。依托美图在AI影像领域的先发优势,Wink这类聚焦细分场 景且易用的影像工具想象力值得期待。 近日,凭借创新功能打法,Wink入选2025年度AI 100创新产品榜,突显了垂直赛道深耕对于创新产品突 围的关键作用。同时,Wink还入选七麦数据发布的2025年度实力AI产品App榜单Top100和2025年度iOS 实力应用榜单Top100,印证了其在图像视频赛道的核心竞争力。 2025年,Wink海外用户下载量与活跃度呈现攀升态势,多次登顶印度尼西亚、泰国、越南、缅甸、菲 律宾、老挝等国家和地区的应用商店榜单,并先后入选点点数据发布的2025年度实力出海应用和七麦数 据发布 ...
从流量“爆款”到产业长红:解码山东文旅的破圈与深耕
Feng Huang Wang Cai Jing· 2026-01-22 05:09
Core Insights - In 2025, Shandong Province is expected to receive over 1 billion tourists and achieve a tourism revenue of 1.2 trillion yuan, marking a significant milestone in its economic development [2][10] - The integration of culture and tourism in Shandong has led to innovative products and experiences, enhancing the province's appeal as a travel destination [3][6] Cultural and Tourism Development - Shandong has been actively promoting cultural "two creations" and deepening the integration of culture and tourism, resulting in unique practices that leverage cultural resources for economic growth [3][4] - The province has launched various cultural tourism products, such as the "Qilu No. 1" and "Peninsula No. 1" tourism trains, which have been well-received by tourists [10][12] Economic Impact - The cultural tourism sector is positioned as a key driver of economic development in Shandong, with significant investments and projects aimed at enhancing the industry [8][9] - Over the past three years, Shandong has hosted thousands of cultural tourism promotion events, generating over 600 billion yuan in consumption [9] Service Enhancement - Shandong is focusing on improving the overall visitor experience by optimizing service details, such as adding mother-baby rooms and providing one-stop services in accommodations [13] - The shift from "check-in" tourism to "immersive experience" reflects a broader trend in the tourism industry, emphasizing quality over quantity [12][13] Future Outlook - The province aims to continue enhancing its cultural influence and tourism appeal through strategic planning and innovative initiatives in the upcoming "15th Five-Year Plan" [13]
半亩花田母公司港股IPO:1元收入近5毛用于营销
Feng Huang Wang Cai Jing· 2026-01-22 05:03
Core Insights - The article highlights the rapid growth and potential of the Chinese personal care brand, Hanmu Huatian, which aims to become the first domestic personal care brand listed on the Hong Kong Stock Exchange [1][3] - The company has shown impressive financial performance, but concerns regarding its profitability quality and sustainability have been raised due to its high marketing expenses and low research and development investment [1][5][7] Financial Performance - Hanmu Huatian's revenue is projected to grow from 1.199 billion yuan in 2023 to 1.499 billion yuan in 2024, with a significant increase to 1.895 billion yuan in the first three quarters of 2025, representing a 76.7% year-on-year growth [3] - The adjusted net profit is expected to rise from 23.7 million yuan in 2023 to 82.8 million yuan in 2024, marking a 249.4% increase, with the net profit for the first nine months of 2025 reaching 148 million yuan, a 197.2% year-on-year growth [3] Sales Channels - The majority of Hanmu Huatian's sales come from online channels, with revenues from these sources being 1.027 billion yuan, 1.137 billion yuan, 807 million yuan, and 1.445 billion yuan for the years 2023, 2024, and the first nine months of 2024 and 2025, respectively, accounting for 85.7%, 75.9%, 75.3%, and 76.3% of total revenue [4] - The company is also expanding its offline presence, increasing the number of distributors from 187 at the end of 2023 to 454 by the end of September 2025, with offline revenue share rising from 13.9% to 23.5% [4] Profitability Concerns - Despite a high gross margin of 65.8%, 62.3%, and 63.3% from 2023 to the first nine months of 2025, the adjusted net profit margin remains low at 2%, 5.5%, and 7.8%, indicating a significant disparity between gross and net profit [5] - The company's profitability is heavily reliant on cost control, raising concerns about potential volatility in net profit due to rising raw material costs and marketing expenses [5] Marketing and R&D Investment - Hanmu Huatian's marketing expenses are substantial, with costs reaching 637 million yuan, 677 million yuan, and 896 million yuan for 2023, 2024, and the first nine months of 2025, representing 53.1%, 45.2%, and 47.3% of total revenue [7] - In contrast, the company's R&D investment has been declining, with expenditures of 28.62 million yuan, 32 million yuan, and 28.14 million yuan for the same periods, accounting for only about 1.5% of sales revenue in 2025, significantly lower than the industry average [8]
刚刚,罗永浩被冻结约714万股权
Feng Huang Wang Cai Jing· 2026-01-22 03:51
凤凰网财经讯 1月22日 天眼查天眼风险信息显示, 罗永浩名下新增一则股权冻结记录,其持有的锤子科技(成都)股份有限公司约714万元股权被司法冻结, 冻结期限自2026年1月20日起至2029年1月19日止,执行法院为北京市丰台区人民法院。 | 序号 | 执行通知书文号 | 被执行人 | 股权所在企业 | 股权数额 | 执行法院 | 类型 | 状态 | 源 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | (2026) 京0106执保3 | 罗永浩 | 锤子科技(成都) 股 | 713.9548万人民 | 北京市丰台区人 | 股权冻结 | 冻结 | 202 | | | 04号 | | 份有限公司 | e | 民法院 | | | 202 | | 2 | (2023) 京01财保258 | 罗永浩 | 成都锤子科技集团有 | 713.9535万人民 | 北京市第一中级 | 股权冻结 | 冻结 | 202 | | | 를 | | 限公司 | モ | 人民法院 | | | 202 | | 3 | (2023) 京01财保258 | 罗永浩 ...
市场冲高回落,创业板指半日跌0.4%,商业航天概念集体回暖
Feng Huang Wang Cai Jing· 2026-01-22 03:45
Group 1 - The market experienced a pullback after an initial rise, with all three major indices turning negative by midday. The Shanghai Composite Index fell by 0.15%, the Shenzhen Component Index decreased by 0.17%, and the ChiNext Index dropped by 0.4% [1] - The trading volume in the Shanghai and Shenzhen markets reached 1.77 trillion yuan, an increase of 142.6 billion yuan compared to the previous trading day [1] - Over 3,200 stocks in the market saw gains, indicating a broad participation in the upward movement before the pullback [2] Group 2 - The commercial aerospace sector showed a strong recovery, with several stocks hitting the daily limit up, including Jieli Sockets and Zhongchao Holdings [2] - The oil and gas sector continued its strong performance, with stocks like Intercontinental Oil and Gas also hitting the daily limit up [2] - The coal sector experienced a rapid increase, with Dayou Energy reaching the daily limit up [2] - The robotics sector showed repeated strength, with stocks such as Fulei New Materials and Yichang Technology hitting the daily limit up [3] - In contrast, the precious metals sector faced a pullback, with West Gold and Xiaocheng Technology both declining by over 5% [3]
防御性资产时代:业主如何借力专业机构 实现资产保值
Feng Huang Wang Cai Jing· 2026-01-22 03:19
Core Viewpoint - The real estate market in China is undergoing a significant transformation, shifting from a speculative investment focus to a more stable rental income model, as homeowners increasingly view rental income as a viable strategy for asset preservation and growth [1][2]. Group 1: Market Dynamics - The speculative nature of real estate investments has diminished, with a stronger emphasis on the intrinsic value of properties as sources of stable rental income [2][3]. - The average rental yield in 50 key cities is projected to reach 2.23% by November 2025, reflecting a 0.25 percentage point increase from early 2023, indicating improved rental return levels [2]. - In major cities, older properties purchased at lower prices are yielding significant annual rental returns, often surpassing many low-risk financial products [3]. Group 2: Challenges in the Rental Market - The rental market faces challenges such as rising vacancy risks, complicated rental pricing, and increased management costs, particularly in cities like Beijing where rental prices have been declining [3][4]. - Homeowners are experiencing longer vacancy periods, which directly impact potential earnings, creating uncertainty in the rental market [4]. - The complexity of setting rental prices during market downturns poses a challenge for individual landlords, who often lack access to comprehensive market data [4]. Group 3: Demand for Enhanced Rental Services - Both homeowners and tenants are seeking faster, more cost-effective, and hassle-free rental experiences, highlighting a unified demand for improved rental services [5]. - The introduction of professional management solutions, such as "Xiangyu Preferred," aims to address these market pain points by offering efficient, transparent, and comprehensive asset management services [6][7]. Group 4: Professional Management Solutions - "Xiangyu Preferred" promises a 30-day rental period with a commitment to cover half a month's rent if the property is not leased within that timeframe, addressing homeowner concerns about vacancy risks [6]. - The service emphasizes transparency in pricing, with clear fee structures and timely rental payments, enhancing predictability for homeowners [6][7]. - A dedicated property manager is assigned to each homeowner, providing a full range of services from marketing to maintenance, ensuring a seamless rental experience [7]. Group 5: Industry Evolution - The rental market is moving towards professionalization and standardization, driven by government policies and the need for reliable service providers [9][10]. - Larger, established firms with strong brand credibility and standardized service offerings are expected to gain market share, while smaller, less organized entities may struggle [9][10]. - The rise of professional management services is seen as a necessary evolution for the industry, promoting efficiency and stability in the rental market [10].
A股冲高回落,三大指数全部翻绿,下跌个股近1900只
Feng Huang Wang Cai Jing· 2026-01-22 02:40
Group 1 - The A-share index experienced a pullback after an initial rise, with all three major indices closing in the red, and the ChiNext index briefly rising by nearly 1.3% in the morning session [1] - The major sectors that saw declines included non-ferrous metals, semiconductor chips, and the power grid, with nearly 1,900 stocks in the Shanghai, Shenzhen, and Beijing markets declining [1] - The Shanghai Composite Index closed at 4,113.75, down 0.08%, with 1,393 gainers and 871 losers, while the Shenzhen Component Index fell 0.14% to 14,235.17, with 1,833 gainers and 992 losers [2] Group 2 - The large aircraft concept stocks continued to rise, with Hangfa Technology achieving a four-day streak of gains, and several other companies like Runbei Aerospace and Triangle Defense seeing significant increases [2] - According to Dongfang Securities, the C919 aircraft has completed domestic transportation for hundreds of thousands of passengers, indicating sufficient market validation, and the acceleration of international certification is expected to enhance China's global positioning in large aircraft [2] - The photovoltaic sector showed strong performance, particularly in the space photovoltaic segment, with JunDa Co. hitting the daily limit, and several other companies following suit [3] - A report from Shenwan Hongyuan indicated that China has submitted applications for over 200,000 satellite constellations, marking a new phase in the large-scale deployment of commercial space, which will directly drive long-term demand for space photovoltaics [3]
A股指数集体高开:沪指涨0.22%,以存储为首的半导体芯片股领涨市场
Feng Huang Wang Cai Jing· 2026-01-22 01:36
凤凰网财经讯 1月22日,三大指数集体高开,沪指高开0.22%,深成指高开0.41%,创业板指高开 0.52%,以存储为首的半导体芯片股领涨市场。 | | | | | | 沪深京重要指数 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 | *● | 最新 | 张幅% | | 涨跌 涨跌家数 | 张速% | 息手 | 现手 金额 | | 上证指数 | | 4126.07 | 0.22 | 9.13 | 1133/752 | 0.11 | 535万 | 535万 103.57亿 | | 深证成指 | | 14313.63 | 0.41 | 58.50 | 1594/824 | 0.07 | 778 F | 778万 138.08亿 | | 北证50 | | 1529.00 | 0.61 | 9.25 | 165/89 | 0.73 | 8.74万 | 8.74万 2.00亿 | | 创业板指 | | 3312.75 | 0.52 | 17.23 | 794/438 | 0.11 | 1847 | 184万 49.73亿 | ...
山东省25项地标2月起实施,其中三项事关“无证明之省”建设
Feng Huang Wang Cai Jing· 2026-01-22 00:27
近日,山东省市场监督管理局发布2026年第1号公告,正式批准并公布《为老志愿服务规范》等25项山 东省地方标准。这些标准将于2026年2月19日起实施,内容涉及民政、农业农村、体育、交通、水利、 人力资源、粮食安全、消防救援、大数据管理等多个民生与行业发展领域。 值得注意的是,本次标准中还有三项与"无证明之省"建设相关,包括《"无证明之省"电子证照应用管理 要求》《"无证明之省"建设总体框架》及《场景应用指南第1部分:政务服务》,标志着山东省在推进 数字政府建设、优化营商环境方面迈出标准化、体系化新步伐。 这批地方标准的集中发布,是山东省贯彻落实国家标准化发展纲要、推动经济社会高质量发展的重要举 措。标准实施后,将对提升相关行业服务质量、保障公共安全、促进产业升级、推进治理现代化产生积 极作用。 新黄河记者:郭梦桐 此次发布的标准中,多项聚焦"一老一小"和特殊群体关爱服务。例如,《为老志愿服务规范》和《特殊 困难老年人探访关爱服务规范》旨在提升为老服务的专业化、规范化水平;《流浪乞讨人员救助管理与 服务规范第2部分:心理辅导》则关注流浪乞讨受助人员的心理支持,体现社会治理的温度。 在农业农村方面,系列标准尤为 ...
济青等5市率先试点,山东探索城中村、城乡接合部治理新路径
Feng Huang Wang Cai Jing· 2026-01-22 00:27
1月21日,山东省人民政府新闻办公室举行政策例行吹风会,邀请山东省住房和城乡建设厅主要负责同 志等解读《关于推动城市高质量发展的实施意见》(简称《实施意见》)。 山东省委社会工作部副部长高本伟介绍,省委社会工作部认真贯彻落实党中央关于城市工作的决策部署 和省委有关工作要求,坚持问题导向,强化系统施治,着力探索城中村、城乡接合部治理新路径,推动 以高效能治理促进城市高质量发展。 前期,我们组织开展摸排,全面摸清全省城中村、城乡接合部村(社区)底数;区分不同地域、不同类 型,深入调研了解城中村、城乡接合部在公共服务、队伍建设、矛盾隐患、资源配置等方面存在的困难 和问题;指导济南、青岛、泰安、临沂、滨州5个市制定工作方案,率先围绕城中村、城乡接合部治理 开展实践探索。 加强统筹联动。城中村、城乡接合部治理是一项系统性工程,涉及多个领域、多个部门,我们把这项工 作纳入党建引领基层治理范畴统筹推进。横向上,充分发挥党建引领基层治理协调机制作用,推动建立 党委领导,社会工作、住建等部门牵头实施,有关部门密切配合的工作格局,加强跨部门的工作协同和 政策衔接;纵向上,强化省市县乡村五级联动,推动治理服务资源有效下沉。比如,我 ...