数据来源：头豹研究所 这一增长趋势的背后是政策引导、技术进步等多方面因素的合力驱动。2024年3月，国务院发布《推动大规模设备 更新和消费品以旧换新行动方案》，方案中明确提到，推进各地自来水厂及加压调蓄供水设施设备升级改造，加 快推进城镇生活污水垃圾处理设施设备补短板、强弱项，推动地下管网、桥梁隧道、窨井盖等城市生命线工程配 套物联智能感知设备建设。在2024年4月发布的《智慧水务技术标准》中，系统规定了智慧水务总体架构、关键模 块、信息安全、运维管理等多个技术层面的要求，为行业奠定基础标准。 政策的密集颁布为智慧水务企业打开了广阔的市场空间。老旧管网等项目的改造与完善不仅需要更换硬件设施， 更需要引入智能化的监测和管理系统，智慧水务的发展需要快速迭代的前沿技术作为支撑。 2024年，威派格研发投入1.15亿元，占营收比例9.28%，其中发明专利117项，为业务发展提供了坚实的技术基 础。2020-2024年，威派格累计投入约10亿元，持续聚焦智慧水务和智慧水厂等核心方向的技术研发与并购，推动 相关产品逐步成熟落地。在持续加大研发投入以提升产品标准化和实现技术迭代的同时，威派格进一步加强智慧 水务类产品的市场 ...

Core Viewpoint - BYD is actively combating online defamation and misinformation, emphasizing legal accountability for those spreading false information about the brand [1][2][4] Group 1: Legal Actions and Responses - BYD's legal department announced the administrative detention of a user for spreading rumors related to the company [1] - The company has stated its commitment to respecting societal suggestions and supervision while asserting that the internet is not a lawless space [2] - BYD has previously offered rewards ranging from 50,000 to 1 million yuan to combat black public relations, which has now been increased to a range of 50,000 to 5 million yuan [2] Group 2: Industry Impact and Standards - BYD's actions set a benchmark for legal rights protection within the industry, encouraging a healthier commercial discourse environment [4] - The company calls for self-media and internet users to adhere to legal standards and warns that those attempting to gain attention through rumors will face legal consequences [4]

Core Insights - The company reported a revenue of 117.24 million yuan for the fiscal year 2024, with a net profit attributable to the parent company of -211.60 million yuan, indicating a decline in both revenue and profit [1] - The year 2024 was challenging for the company, primarily due to the domestic adaptation and testing of products in the smart finance sector, which impacted revenue [1][2] - Despite the revenue decline, the company achieved significant progress in various areas, including stable growth in non-financial business and advancements in technology innovation [1][2] Financial Performance - The company experienced a revenue drop, with a net profit of -211.60 million yuan and a net profit excluding non-recurring items of -226.53 million yuan [1] - The non-financial business generated a total revenue of 63.24 million yuan, reflecting a year-on-year growth of 50% [3] Business Segments - The smart finance sector faced challenges due to the need for product localization and testing, which delayed revenue growth but is expected to provide a solid foundation for future client service [2] - The non-financial business, particularly in urban management, showed stable growth, with products being delivered to various government agencies and enterprises [3] Strategic Initiatives - The company is actively diversifying its client base to reduce reliance on a single major client and has been expanding its business portfolio since 2022 [4] - The acquisition of Guokeyi Dao has allowed the company to enhance its capabilities in the specialized field, integrating hardware advantages with AI software capabilities [4] New Business Development - The company launched new products in the AI PC sector, including the "Mo Ren Z1 AIPC," which combines domestic hardware and AI technology [4] - The company is also focusing on the education sector, with its smart sports education products serving approximately 56,000 students [5] Technological Advancements - The company is investing 368 million yuan over three years to develop a self-controlled multimodal large model technology [6] - The self-developed visual large model has been successfully applied in various fields, significantly improving AI algorithm delivery efficiency [7] Future Outlook - For 2025, the company aims to focus on core business areas while also investing in new products and services to create new growth curves [8] - The goal is to establish a sustainable revenue structure, enhance fiscal performance, and reduce losses, setting a foundation for stable future growth [9]

Core Insights - The year 2025 is referred to as the "Year of Universal Intelligent Driving," indicating an acceleration in the penetration of intelligent driving technology, with companies like 四维图新 emerging as key players in this competitive landscape [1] Financial Performance - 四维图新 reported a total revenue of 3.518 billion yuan in 2024, a year-on-year increase of 12.68% from 3.122 billion yuan in 2023, showcasing resilience in a challenging macroeconomic environment [1] - The company's operating losses narrowed significantly, with a 21.69% reduction in non-GAAP net profit loss compared to 2023 [1] Business Segments - The intelligent cloud segment saw substantial growth, with revenue reaching 2.254 billion yuan, up 28.96% year-on-year, becoming the main driver of the company's performance [2] - The intelligent chip business also experienced double-digit growth, with revenue from the 智芯 segment reaching 566 million yuan, a 10.92% increase [4] - In the intelligent driving sector, 四维图新 secured 3 million units of basic driving products and 600,000 units of cabin parking products from early 2024 to the first quarter of 2025, marking a significant milestone in mass production [4] Market Trends - The demand for data compliance is rising, driven by the widespread application of intelligent driving technology, which is expected to boost revenue from data compliance services [3] - The penetration rate of intelligent driving remains low, suggesting that 四维图新’s growth is just beginning, with expectations of significant loss reduction by 2025 [5] Competitive Strategy - 四维图新 has identified "cost-effectiveness" as a breakthrough point in the intelligent driving sector, similar to the previous wave of electric vehicles, enabling high-end features to be accessible in mid-range models [6][7] - The company has established a comprehensive intelligent driving product matrix covering entry-level to mid-high-end vehicles, enhancing its competitive edge through high integration and autonomy in its solutions [9] Ecosystem Collaboration - 四维图新 is actively enhancing ecosystem collaboration to drive the implementation of intelligent driving solutions, including investments in new companies and partnerships with industry leaders [12][13] - Recent collaborations with companies like 火山引擎 and 卓驭科技 aim to strengthen service capabilities and cost-effectiveness in intelligent driving products [13][14] - The integration of various capabilities, including mapping, AI, data compliance, and algorithms, positions 四维图新 as a full-stack provider in the intelligent driving ecosystem [14]

Group 1 - The core viewpoint of the news is that Tongcheng Travel is launching a new membership system that integrates various travel and lifestyle services, enhancing user experience and satisfaction [1][2][4] - Starting from April 2025, the new membership system will offer over 50 benefits across accommodation, travel, and lifestyle services, creating a comprehensive "travel + lifestyle" service matrix [1][3] - The membership system is divided into five tiers: Basic Card, Silver Card, Gold Card, Platinum Card, and Black Card, allowing users to upgrade through consumption points earned from bookings [2][4] Group 2 - The upgraded membership benefits extend beyond traditional travel services, providing a complete service loop that includes health guarantees during travel and convenience after returning home [3][4] - Members can enjoy various privileges such as hotel room upgrades, free breakfasts, and airport lounge access, as well as health-related services like medical recommendations and emergency assistance [3][4] - The new system emphasizes a user-centric approach, aiming to reduce travel costs and improve service efficiency through the integration of resources across the entire travel industry [4]

Core Insights - Jiangsu Bank has launched a new personal loan customer exclusive benefit program called "Beautiful Life Circle," focusing on cultural finance and enhancing customer experience in various lifestyle scenarios [1][2] - The bank aims to integrate resources from cultural tourism, sports, and arts to create a community-based ecosystem that promotes shared experiences and growth among customers [2] - Jiangsu Bank's subsidiary, Su Yin Wealth Management, plans to introduce high-quality financial products during the upcoming "518 Wealth Management Festival," targeting over 1.3 million customers with an expected investment return exceeding 17.2 billion yuan in 2024 [2] Group 1 - Jiangsu Bank's recent consumer loan customer lottery event has successfully engaged customers by offering tickets to popular stand-up comedy shows, reflecting the bank's commitment to enhancing customer satisfaction and lifestyle [1] - The bank's strategy includes organizing various exclusive activities such as music festivals, art exhibitions, and marathons, which will be communicated through its "Jiangsu Bank Personal Loan" WeChat account [2] - The bank has expanded its collaboration with major cultural institutions like the Nanjing Museum and Suzhou Silk Museum to enhance cultural financial value through co-branded digital debit cards [2] Group 2 - Jiangsu Bank has initiated a consumption boost action in line with national policies, providing convenient services for home decoration subsidies and electric bicycle trade-in programs, benefiting over 107,000 residents in Jiangsu Province [3] - The bank plans to continue developing new cultural consumption scenarios and enhance its "smart retail" capabilities to meet the complex financial, cultural, and emotional needs of customers [3] - The bank's efforts aim to stimulate cultural industry growth while promoting economic prosperity, aligning with the evolving trends in cultural consumption [3]

近年来，越来越多奢侈品品牌与京东大时尚达成长期战略合作，双方在创新思维与战略协同方面不断发 力，成功实现互利共赢。对用户消费体验的极致追求，和近百万商家的繁荣生态，带动了京东的活跃用 户数加速增长。在2025年，京东大时尚也将继续以用户为中心、以技术为驱动，通过开放生态、数智赋 能与内容营销，为消费者提供确定性的购物体验。 据了解，作为京东大时尚的重要合作伙伴，Tory Burch、MCM等品牌与平台的合作已拓展到线上线下 全渠道。其中，MCM在入驻京东后，依托京东大时尚优质用户群体，通过在节假日及送礼重要节点的 精准投放，收获了良好的用户转化与销售增长，持续夯实送礼心智。除此之外，MCM还与京东大时尚 联合打造深圳时尚新地标，共建MCM天游牧计划装周，品牌影响力不断提升。 此外，COACH、BVLGARI获得"年度最佳合作品牌"奖项，BURBERRY、TIFFANY & CO.则获得"年度 消费者挚爱品牌"奖项。京东大时尚针对国际奢品品牌提供了入驻、营销、服务的全链路支持，帮助奢 品品牌加快开拓中国市场，带来了健康可持续的增长。 4月22日，2025京东大时尚合作伙伴大会在京举行。随着京东大时尚影响力的持续 ...

Core Insights - JD Health and Heliang have initiated a strategic partnership to launch the "Pain-Free China" ecosystem plan, focusing on pain management as a key area of collaboration [1][2] - The partnership aims to create a comprehensive health service system covering prevention, diagnosis, treatment, and rehabilitation, leveraging JD Health's strengths in digital diagnosis and user lifecycle services [1][2] Group 1: Strategic Collaboration - The collaboration will integrate resources across three dimensions: awareness enhancement, service accessibility, and technological innovation [1] - Both companies will explore product innovation and channel expansion in the pain management sector, providing consumers with diverse options [1][2] Group 2: Marketing and Consumer Engagement - The partnership will increase marketing collaboration through brand and digital marketing strategies to effectively reach core demographics and enhance brand influence [1][2] - Innovative marketing strategies and diverse promotional activities will be employed to raise consumer awareness and importance of pain management [1][2] Group 3: Future Vision - JD Health aims to continue leveraging its advantages and collaborate with more partners to advance China's health sector and contribute to the vision of a "Pain-Free China" [2]

然而，混合AI算力的构建面临诸多挑战，包括算力利用率低下、异构资源管理困难、国产化替代进程 加速等现实问题，正成为制约大模型规模化落地的核心瓶颈。京东云vGPU AI算力平台，以创新性的 GPU算力池化技术和异构算力统一管理，助力企业快速构建异构AI算力基础设施，重塑AI生产力。 一、大模型落地面临三重算力困局 随着海外AI算力供应链不确定性增加，面对强势的大模型训练推理需求，国产AI芯片迎来发展新机 遇。而80%的算力需求正在向推理场景集中，由于推理场景对GPU峰值性能的要求相对放低，更多规格 国产GPU已具备支持大模型应用的能力，推动海外AI芯片与国产芯片混合部署成为企业AI算力新常 态。 当前，众多智算中心面临一个严峻的现实，购买了昂贵的GPU卡，但集群MFU(模型算力利用率)却很 低。某头部证券公司AI负责人坦言："我们的数百张GPU卡，实际利用率不足30%，但业务部门仍在不 断要求扩容。" 行业普遍面临三大核心痛点。首先是GPU资源空转闲置：传统物理卡部署模式下，推理任务往往占用不 到30%的算力，却需独占整张显卡。其次是异构资源管理困难：同时存在英伟达、昇腾等多类加速卡， 不同芯片需要独立运维体系 ...

近日，京东创始人刘强东邀请快递员和外卖骑手一起吃火锅、喝酒的视频引发热议，相关话题也冲上热 搜，而聚餐时喝的京东七鲜皮尔森原浆啤酒也意外火出了圈。京东数据显示：4月23日，"东哥同款啤 酒"搜索量环比大增6100%。 不仅是皮尔森原浆啤酒，京东七鲜超市凭借京东强大的供应链支撑，深入了解消费者的需求和偏好，严 控质量标准，精心推出了包括饮料、杂粮、冻品、熟食、坚果及日用品等一系列"又好又便宜"的自有品 牌商品。从探索打造第一款七鲜自有品牌的商品开始，京东七鲜超市就锚定"品质和价格"，从源头直采 到供应链优化，每一步都力求确保商品品质卓越且价格亲民，真正实现"高质价比"的承诺。 目前，"东哥同款啤酒"正在加紧排产中，消费者可以在京东七鲜及京东APP搜索"东哥同款啤酒"进行预 约。 网传视频显示，刘强东身着外卖服，面对每位骑手和快递员的敬酒豪爽举杯，并表示"和兄弟们喝酒从 不拒绝"。视频一出，引发众多网友关注，相关话题冲上热搜。有意思的是，当晚聚餐喝的啤酒不仅引 起了刘强东本人的兴趣，不少网友也纷纷在留言区问这是什么啤酒？去哪里买同款啤酒？更有热心的网 友给大家找到了预约方式。 据悉，此次聚餐的啤酒为京东七鲜自有品 ...