Core Viewpoint - The corn futures market is experiencing fluctuations with a slight weekly increase, while external factors such as import plans from Algeria and export estimates from Brazil are influencing the supply dynamics [1][2][4]. Group 1: Market Performance - As of December 31, 2025, the main corn futures contract closed at 2226 CNY/ton, with a weekly increase of 0.82% [1]. - The weekly trading range for corn futures was between 2217 CNY/ton and 2256 CNY/ton, with a reduction in open interest by 5461 contracts compared to the previous week [1]. Group 2: Supply and Demand Dynamics - Algeria's Ministry of Agriculture plans to import 1.15 million tons of feed corn by the end of February 2026 to address domestic supply shortages and stabilize the market [2]. - Brazil's corn export volume for December is projected at 3.52 million tons, a significant decrease from the previous week's estimate of 6.35 million tons [2]. - As of December 27, Brazil's first corn planting rate reached 85.6%, up from 82% the previous week and 80.8% the same time last year [2]. Group 3: Institutional Insights - Guodu Futures notes that the quality of new grain in North China has been affected, leading to increased purchases of Northeast grain by traders and a decline in port inventories, which supports corn prices [4]. - Donghai Futures indicates that the national corn market price is stable with slight strength, while the futures market rebound provides some support to market conditions [4]. - The current market is characterized by a fierce tug-of-war between bullish and bearish sentiments, with no clear directional guidance from the fundamentals, suggesting a phase of oscillation in prices [4].

摘要12月31日，周生生黄金价格报1355元/克，与本月初（1336元/克）相比，上涨了19元，涨幅 1.42%。较本月最高价相差57元/克，较本月最低价相差31元/克，均价1356元/克。 12月31日，周生生黄金价格报1355元/克，与本月初（1336元/克）相比，上涨了19元，涨幅1.42%。较 本月最高价相差57元/克，较本月最低价相差31元/克，均价1356元/克。 周生生黄金价格月度统计（12月1日-12月31日，单位：元/克） | 当日价 | 1355 | | --- | --- | | 日涨幅 | 0.15% | | 最高价 | 1412 | | 最低价 | 1324 | | 顶位差 | -57 | | 底位差 | 31 | | 平均值 | 1356 | ...

Group 1 - The core business of Hefei Luk Fook Group includes the procurement, retail, and wholesale of various gold jewelry, decorative items, gemstone jewelry, and other accessories [3] - Luk Fook Jewelry operates over 300 retail stores across regions including Hong Kong, the United States, Canada, Macau, and mainland China [3] - The company aims to continue exploring new business opportunities in international markets to align with its core brand philosophy of "International Interpretation" [3] Group 2 - The company is committed to providing customers with value-for-money products and sincere service while expanding into new areas across its business sectors [3] - Luk Fook Group seeks to strengthen its leadership position in the jewelry industry in Hong Kong, mainland China, and overseas [3]

周六福 分时图 日K线 周K线 月K线 28.88 2.02 7.52% 8.12% 5.40% 2.72% 0.00% 2.72% 5.40% 8.12% 24.68 25.41 26.13 26.86 27.59 28.31 29.04 09:30 10:30 12:00/13:00 14:00 16:10 0 7万 15万 22万 12月31日，周六福黄金价格报1348元/克，与本月初（1295元/克）相比，上涨了53元，涨幅4.09%。较 本月最高价相差50元/克，较本月最低价相差59元/克，均价1323元/克。 | 当日价 | 1348 | | --- | --- | | 日涨幅 | 0.15% | | 最高价 | 1398 | | 最低价 | 1289 | | 顶位差 | -50 | | 底位差 | 59 | | 平均值 | 1323 | 周六福黄金价格月度统计（12月1日-12月31日，单位：元/克） ...

系统仍在运行，发电仍在持续，甚至短期内不影响整体用能安排，但长期来看，效率损耗、性能偏移和 运行退化可能在无声中积累。由于缺乏对历史数据的系统化管理，这些变化往往在被意识到时已经持续 较长时间，而企业却难以回溯问题出现的起点，也无法量化其对整体用能结构产生的影响。 在不少高耗能制造企业中，光伏系统已经进入稳定运行阶段。系统能够持续输出发电数据，从常规监控 指标来看，设备处于工作状态，电量持续产生，并不存在明显中断或故障迹象。但随着运行周期拉长， 企业逐渐意识到，仅凭是否发电这一层判断，已经无法支撑后续管理决策。 问题开始显现于发电量在不同时间区间内发生变化，但这些变化是否符合系统设计水平、是否与历史表 现一致，管理层难以给出明确判断。效率指标出现偏移时，缺乏稳定的参照基线用于对比分析，变化只 能被记录，却难以被解释。数据并非缺失，而是未能形成判断所需的连续结构，导致管理行为更多停留 在被动响应，而非主动评估。 在持续运行过程中，NiOS 系统通过对历史数据的累积与分析，帮助企业建立稳定的评估基础。当系统 表现出现偏移时，这种偏移不再只是数值变化，而是可以被量化、被定位的管理信号。通过连续数据的 对照，企业能够 ...

Core Viewpoint - The global home appliance industry is navigating challenges and transformations, shifting from a "product-centric" and "channel-centric" era to a "user-centric" phase, where understanding and efficiently engaging users will differentiate companies [1] Group 1: Industry Challenges and Transformations - The global market faces slow economic growth and increased trade barriers, while domestic competition intensifies due to inventory battles [1] - The rise of AI presents new opportunities for transformation within the industry [1] Group 2: Haier Smart Home's Transformation - Haier Smart Home is undergoing a significant transformation towards a user-centered model, aiming to become a platform service-oriented ecological enterprise [1] - The company is focusing on four major transformations: unified warehouse TC, user platform, digital stores, and smart home solutions [1][2] Group 3: Unified Warehouse TC - Haier Smart Home is reshaping customer models through unified warehouse TC, improving inventory management and delivery optimization, resulting in over 80% of products reaching users directly and a 10% improvement in order response time [2] Group 4: User Platform - The user platform allows for full lifecycle management, currently engaging 410 million users, with over 14.5 million users receiving proactive care through AI [2] Group 5: Digital Stores - The company is developing intelligent retail stores based on digital AI capabilities, enhancing operational efficiency by integrating the entire process from selection to settlement [2] Group 6: Smart Home Solutions - Haier Smart Home is transitioning to a model defined by software, focusing on smart home, smart vehicles, and smart travel, with the Haier APP serving as the primary entry point for a comprehensive smart living platform [2][3] Group 7: Future Outlook - Haier Smart Home aims to evolve from a manufacturing entity to an open service platform driven by user-centricity, data, and ecosystem support, collaborating with partners to create new experiences [3]

【黄金期货行情表现】 昨晚美联储公布会议纪要显示，通胀回落，进一步降息是合适之举。但市场情绪偏谨慎，市场仍倾向于 押注2026年降息2次，而非此前更加激进的3次。美元指数反弹。黄金短线动能不足，但长线看多逻辑未 变。策略上沪金多头相对稳健，02合约前多可继续持有。 美联储12月会议纪要凸显内部分歧，多数官员认为如果通胀回落，适宜进一步降息，但也有一些决策者 主张在一段时间内按兵不动。交易员对明年降息两次的预估不变。 【机构观点】 12月31日，沪金主力暂报977.56元/克，跌幅0.85%，今日沪金主力开盘价993.76元/克，截至目前最高 993.76元/克，最低964.00元/克。 【宏观消息】 美联储会议纪要凸显内部分歧，大多数官员认为适宜进一步降息。OPEC+据悉本周可能维持暂停增产 计划不变。 ...

上海期货交易所黄金期货仓单日报(单位：千克) | | 期货 | 增减 | | --- | --- | --- | | 上期所指定交割金库 | 97704 | 0 | 市场对于美联储降息预期的分歧，施压金价，而美元指数低位反弹，同样不利金价多头走强，短期维持 高位震荡，就技术层面而言，短期超买严重，且新高之后多空产生分歧，等待技术指标修正为主，中期 趋势线没有破坏之前，等待调整结束。 上海期货交易所指定交割仓库期货周三（12月31日）仓单日报显示，黄金期货总计97704千克，今日仓 单较上一日持平。 沪金主力盘内高位回落，周三（12月31日）黄金期货开盘价993.76元/克，截至目前最高993.76元/克， 最低964.00元/克。截止发稿报977.56元/克，跌幅0.85%，成交量为284555手，持仓为136303手，日持仓 减少8159手。 ...

美联储会议纪要提到，在讨论可能影响货币政策前景的风险管理因素时，与会者普遍认为，通胀上行风 险仍然较高，而就业下行风险也较高，且自2025年中期以来有所上升。大多数与会者指出，转向更为中 性的政策立场将有助于防止劳动力市场状况出现重大恶化。这些与会者中的许多人还认为，现有证据表 明，关税导致持续通胀压力的可能性有所降低。相比之下，一些与会者指出通胀上升风险可能根深蒂 固，并认为在通胀数据居高不下的情况下，进一步降低政策利率可能会被误解为政策制定者对2%的通 胀目标承诺有所减弱。 【黄金期货最新行情】 | 12月31日 | 收盘价（元/克） | 当日涨跌幅 | 成交量（手） | 持仓量（手） | | --- | --- | --- | --- | --- | | 沪金主力 | 977.56 | -0.85% | 284555 | 136303 | 打开APP，查看更多高清行情>> 【基本面消息】 数据显示，12月31日上海黄金现货价格报价976.99元/克，相较于期货主力价格（977.56元/克）贴水0.57 元/克。 美联储明年1月降息25个基点的概率为14.9%，维持利率不变的概率为85.1%。到明年3月累 ...

Group 1 - CME Group has raised margin requirements for precious metal futures for the second time in a week, affecting trading dynamics in the market [1] - The margin increase is aimed at ensuring sufficient collateral coverage due to assessed market volatility [1] - As of the latest trading session, the main silver futures contract on the Shanghai Futures Exchange (SHFE) reported a significant drop of 4.27%, closing at 17,074.00 yuan per kilogram [1] Group 2 - China's new silver export control policy will take effect on January 1, 2026, transitioning from a quota system to a strict "one order, one review" licensing system [2] - The new policy will require companies to have a minimum annual production of 80 tons (40 tons for Western enterprises) and a three-year export track record to apply for export qualifications [2] - The international silver market is expected to be influenced by this policy, particularly regarding supply and demand dynamics [2] Group 3 - Technical indicators for SHFE silver futures show mixed signals, with MACD indicating a bullish signal while KDJ and RSI indicate bearish signals [2] - COMEX silver futures also reflect similar technical indicators, with MACD showing bullish signals and KDJ and RSI indicating bearish trends [3]