太平人寿党委书记、总经理(拟任)王旭泽作《抢抓行业黄金发展期 全面深化改革 以高质量发展谱写"十 五五"开局新篇》年度工作报告，全面回顾2025年转型攻坚成效，分析"十五五"开局阶段发展机遇与挑 战，部署2026年工作任务。 会议指出，"十四五"期间，太平人寿肩负职责与担当，以清晰的决策部署紧跟行业大势，各渠道发展稳 中有进，生态圈建设提质扩面，权威评价表现亮眼，连续保持法人机构经营A类和惠誉评级A及以上评 级。2025年，公司紧扣"防风险、强管理、促发展、保安全"工作主线，深化转型、攻坚克难，高质量发 展取得了显著成效：持续强化政治建设，擦亮金融为民底色，养老金融、普惠金融发展提质提效；核心 经营指标全面突破，调结构、降成本取得实效，个险、银保、服拓、网电多元、团险五大渠道深化转 型，实现量质齐升；客户服务体系持续升级，医康养生态圈不断完善，居家养老加快布局，科技赋能与 数智化转型再上新台阶；风险管理、资产负债管理水平持续提升，构筑扎实稳健的经营底盘，助力公司 发展行稳致远。 会议分析研判了"十五五"开局之年面临的宏观环境。一方面，当前人身险行业已全面迈入深化高质量发 展的"黄金发展期"，面对国家有需要、政 ...

在经济结构优化、创新驱动发展与绿色低碳转型等多重目标的引领下，金融市场的改革与创新正日益成 为实体经济高质量发展的重要支撑。在此过程中，票据市场作为链接实体经济与金融市场的重要纽带， 其功能愈发凸显。作为上海票据交易所"第一批"新一代票据系统试点金融机构，渤海银行股份有限公司 (以下简称"渤海银行")持续通过票据业务加大对实体经济的信贷支持，提升产业链金融服务上的普惠性 与覆盖面。数据显示，该行2025年全年承兑汇票发生额突破4000亿元，票据贴现业务发生额超1200亿 元，服务票据客户超1.2万家。一系列扎实成果的背后，正是渤海银行以票据业务为抓手，积极践行"五 篇大文章"，全力赋能实体经济发展的生动写照。 多维激发实体经济新动能 自2022年新一代票据业务系统上线后，渤海银行以此为依托，持续深化票据业务创新。为进一步落实中 央金融工作会议关于做好金融"五篇大文章"的部署，该行于2025年11月27日成功上线票据标识功能。此 项新功能的推出，实现了重点领域票据的精准标记与信息互通：系统可实时接收票交所的自动标注信 息，银行也可根据政策对符合条件的产业票据进行自主标注，相关信息面向全市场机构开放查询，从而 为 ...

Core Viewpoint - The recent launch of the new dishwasher capacity standard by JD aims to enhance industry norms and provide clearer purchasing guidelines for consumers, addressing the confusion caused by vague capacity parameters in the growing Chinese dishwasher market [1][9]. Industry Overview - The Chinese dishwasher market has seen significant growth, with a 69% year-on-year increase in transaction volume as of January 2026, and the number of brands rising to 101, a growth of 12 brands [3]. - Despite the market's expansion, issues such as misleading marketing and poor user experience persist, particularly regarding the effectiveness of cleaning and the confusion surrounding capacity measurements [5][6]. New Standards Implementation - JD, in collaboration with various industry leaders and standardization bodies, has introduced a new capacity standard that replaces the ambiguous "set number" concept with a more quantifiable system based on internal volume (liters) and key installation dimensions [9][11]. - The new standard categorizes dishwashers based on effective volume rate (R), with three levels defined: Level 1 (R≥60%), Level 2 (58%≤R<60%), and Level 3 (R<58%). Higher levels indicate better space utilization and cleaning capacity [11]. Consumer Focus - The new standards aim to align dishwasher designs with the needs of Chinese households, moving away from Western-centric designs that do not accommodate common Chinese dishware [8][12]. - JD's initiative is expected to enhance consumer confidence by providing clear and reliable information, allowing for informed purchasing decisions [16][19]. Service Enhancements - JD has introduced a "5-year replacement at 50% off" service for certain kitchen appliances, ensuring that consumers have a safety net for performance issues or accidental damage [17]. - The service is part of a broader strategy to improve customer experience and satisfaction, making it easier for consumers to upgrade their kitchen appliances [18]. Conclusion - JD's efforts to standardize dishwasher capacity and enhance consumer services are set to transform the market, making dishwashers more accessible and suitable for Chinese households, ultimately promoting a more efficient and enjoyable kitchen experience [19].

A股年报行情纵深推进，披露2025年年报业绩预告次日，杰普特、精进电动、商络电子20CM涨停，盘 江股份 、倍加洁、中水渔业、引力传媒、东材科技、鼎胜新材、智光电气、海洋王、粤宏远A、福达合 金涨停。 据Choice数据统计，截至发稿，共有2963家A股上市公司发布2025年年报预告。其中，包括宁波富邦、 广东明珠、赛诺医疗、海峡创新、福田汽车、南方精工、新强联、升达林业、北摩高科、利通电子、金 马游乐在内的11只个股归母净利同比预增上限超1000%(具体情况见下图)。此外，源杰科技、通化东 宝、华丰科技、苏利股份等预计2025年实现扭亏为盈。 具体到个股来看，宁波富邦以最高43.79倍的业绩增速位列第一，其预计2025年度归属于上市公司股东 的净利润为5,000万元至7,000万元，同比增加4,843.73万元至6,843.73万元，增长3099.59%至4379.43%。 业绩增长主要系核心电接触产品业务受益于银价上涨，营收与盈利提升；同时转让宁波中华纸业2.5% 股权产生较大收益。 广东明珠以最高35.77倍的业绩增速紧随其后，其预计2025年归属于上市公司股东的净利润为1.66亿 元-2.03亿元，同 ...

Group 1 - The pet industry is experiencing significant growth as consumers increasingly purchase specialized products for their pets during the festive season, reflecting a shift in consumer habits towards the "pet economy" [1][9] - During the New Year shopping festival, the overall transaction volume for pet life and health products on JD's discount shopping brand, Jingxi, increased sixfold compared to previous periods, with popular items including pet food, beds, and aquariums [1][2] - The 2026 China Pet Industry White Paper indicates that the urban pet consumption market in China is projected to reach 312.6 billion yuan by 2025, with a year-on-year growth of 4.1% [1] Group 2 - Consumers are now prioritizing quality and emotional value in pet products, leading to an upgrade in the quality-to-price ratio of pet goods, as seen in the popularity of limited edition pet food and themed accessories [2][4] - The demand for aquatic products has also surged, with sales of ornamental fish and aquarium decorations significantly increasing, aligning with traditional New Year themes [6] Group 3 - Despite the booming market, the pet industry faces challenges such as severe homogenization and intense price competition, which complicate production and distribution for many businesses [7] - Companies are struggling with production capacity and market reach, particularly in lower-tier markets, which hampers their ability to meet consumer demand effectively [7][8] Group 4 - Jingxi's self-operated model is helping to alleviate some of the challenges faced by pet product manufacturers by allowing them to focus on production while the platform manages logistics, customer service, and marketing [8] - This collaboration has led to successful product launches that align with consumer trends, such as the introduction of festive-themed pet products, enhancing the overall market presence of participating manufacturers [8][9]

Group 1 - The event themed "ESG-driven New Productive Forces, Building a New Ecosystem for the Pudong Headquarters Economy" was held in Shanghai, focusing on sustainable development and ESG-related themes [1] - The "2025 Pudong New Area Sustainable Development (ESG) Leading Sample" and the "Pudong New Area ESG Industry Ecological Innovation Competition" were announced, with Hansoh Pharmaceutical recognized for its practices in improving diagnosis and treatment levels for Neuromyelitis Optica Spectrum Disorders (NMOSD) [1] Group 2 - NMOSD is a rare autoimmune disease affecting the central nervous system, with an incidence rate of approximately (0.5-3.4)/100,000 globally, and its treatment is complex [2] - Hansoh Pharmaceutical introduced the world's first humanized CD19 monoclonal antibody, XinYue® (Inalizumab Injection), for treating adult NMOSD patients, which was approved in China in 2022 [2] - The company has also received approval for a second rare disease indication for XinYue® in treating adult patients with Immunoglobulin G4-related disease (IgG4-RD) and has a third application for generalized Myasthenia Gravis (gMG) under review [2] Group 3 - As a leading innovative pharmaceutical company in China, Hansoh Pharmaceutical is committed to enhancing the accessibility and affordability of rare disease medications [3] - The company has increased its investment in R&D for "anti-tumor, anti-infection, central nervous system, metabolic, and autoimmune" diseases, with 7 innovative drugs included in the national medical insurance directory [3] - By the first half of 2025, sales revenue from innovative drugs and cooperative products accounted for over 82.7% of the company's total revenue, highlighting innovation as a core driver of its mission and vision [3] - Hansoh Pharmaceutical has received high recognition for its performance in corporate governance, R&D innovation, environmental protection, social responsibility, and talent development, achieving MSCI AA rating and inclusion in the S&P Global Sustainability Yearbook [3]

英国是追觅科技全球化布局的战略市场之一。位于伯明翰核心商圈New Street的追觅旗舰店，与苹果、 戴森等国际顶级品牌比邻，彰显了其高端品牌定位与市场信心。自进入英国市场以来，追觅凭借扫地机 器人、智能洗地机等多场景生态产品与卓越用户体验，迅速赢得当地消费者信赖。其中，扫地机品类已 占据当地近30%的市场份额，成为当地用户首选品牌。 截至目前，追觅科技旗下产品已覆盖全球120余个国家和地区，在全球开设超过6500家旗舰店，持续推 动高端智能生活方式的全球普及。通过持续投入高速数字马达、AI算法等核心技术的自主研发，追觅 已在全球范围内建立起显著的技术与品牌优势。 1月29日，2026中英企业家委员会会议在北京人民大会堂顺利举行，百余位中英两国企业代表共聚一 堂，围绕贸易、投资与创新合作展开对话。作为中国高端科技领域的创新代表，追觅科技受邀出席会 议，展现了中国创新企业在全球化进程中的蓬勃活力与坚实步伐。 追觅科技创立于2017年，是全球领先的高端科技品牌，始终秉持"把尖端科技用于生活普惠"的品牌理 念，致力于与全球用户共创自由、美好的生活方式。 此次参与中英企业家委员会会议，为追觅科技进一步融入全球高端产业 ...

1月30日，万科发布2025年度业绩预告。面对过去一年的多重艰巨挑战，在大股东和各方的大力支持 下，万科全力以赴、攻坚克难，实现了殊为不易的生产经营稳定。2025年，万科保质交付房屋11.7万 套，经营服务业务营收保持稳健，积极推动开发业务的降本增效，实现开发业务管理费用连续两年下 降。据了解，万科2025年已完成近两年需交付量约70%，交付高峰期已过，后续交付压力将显著下降。 万科自身也迎难而上，全力维持公司运营。房屋交付方面，万科克服重重挑战，完成了2025年保交房任 务。万科将360°摄像头、无人机巡场等智慧技术运用到项目工地让业主"云监工"，积极开展"交付即办 证"服务为客户提供便利，强化社区运营和配套以打造有温度的社区生态。通过一系列的扎实行动，万 科全年按期保质交付11.7万套房屋，其中1.6万套实现提前30天交付，约5000套实现跨年提前交付，济 南、郑州、南昌等多地项目交付实现100%收房。 作为业内较早布局转型的企业，万科经营服务业务的业绩表现稳健。截止2025年三季度，万科经营服务 业务实现收入 435.7 亿元，同比保持平稳，长租业务规模、效率和纳保量保持行业第一，管理规模突破 20万间 ...

根据金科股份最新业绩预告，公司2025年预计实现归母净利润300亿元至350亿元，同比扭亏为盈，基本 每股收益预计在2.8元至3.3元之间。金科股份的业绩转折点在2025年12月中旬，公司及重庆金科的重整 管理人分别出具了重整计划执行情况的监督报告，金科股份重整计划正式宣告执行完毕，公司重整计划 执行完毕后形成债务重整收益预计约680-700亿元。截至2025年12月31日，公司预计归属于上市公司股 东的所有者权益将由负转正，各项财务指标的改善标志着公司财务结构已基本恢复正常。 02、从孤立无援到八方共筑：汇聚涅槃之力 金科能够成为A股首家通过司法重整成功卸下包袱的全国性上市房企，是多股力量协同护航的结果。 政府的指导是稳定之锚。重庆市委、市政府成立了专项风险防范化解工作专班，与法院形成了高效 的"府院联动机制"，为重整提供了至关重要的政策协调与支持。 金科地产集团股份有限公司发布了2025年度业绩预告。 公告显示，公司预计2025年度归属于上市公司股东的净利润将达到300亿元至350亿元，实现从亏损到巨 额盈利的根本性扭转。公司归属于上市公司股东的所有者权益已由负转正，预计在50亿元至70亿元之 间。 20 ...

Group 1 - The core point of the article is that Lingyi Zhizao has completed the acquisition of 35% equity in Limin Da for 875 million yuan, gaining control of 52.78% of voting rights, marking a strategic move into the AI computing cooling and power supply sector [1][3] - The acquisition is seen as a key initiative for Lingyi Zhizao to position itself in the rapidly growing AI computing cooling market, aiming to quickly acquire technical reserves and customer certifications for liquid cooling business [3][4] - Limin Da is recognized as a quality enterprise in the AI computing thermal management field, specializing in liquid cooling connectors and modules, and has established significant partnerships with major clients like NVIDIA and Intel [3][4] Group 2 - The AI computing liquid cooling market is experiencing an annual growth rate exceeding 50%, indicating substantial development potential [4] - Following the acquisition, Lingyi Zhizao is expected to leverage its manufacturing scale and global supply chain to enhance Limin Da's production capacity and address bottlenecks [4] - The collaboration aims to create an integrated solution combining air cooling, liquid cooling, and power supply, thereby strengthening competitive differentiation in the AI computing sector [4]