懂车帝周三中午开始陆续推送的"36车智驾大测试"，在整整两天之后被马斯克本人看到。 后者极尽克制但还是透露些许自豪感地写到："由于法律禁止数据出境，特斯拉在没有本地训练数据的情况下，在中国取得了最高成绩。"再次引爆了前两天 一度稍微平息的"中国车企的智驾，怎么做得还不如特斯拉？"话题。 围绕着这场测试，各种讨论和阴谋论四起，甚至有很多人当起了侦探，开始一帧一帧分析测试视频。 但在虎嗅汽车看来，专注于细节上的"找茬"反而错过此番大测试背后的全貌和真相。 懂车帝测了啥？公允么？ 简单总结测试场景如下：消失的前车真高速版、高速临时施工、施工路遇卡车、高速惊现事故车、高速入口遇野蛮加塞、莽撞横穿的猪。 图自：AI科学小栈（下同） 上图为红外夜成像图，下图为航拍俯视图 这些场景，都是属于智驾能力中的corner case（边缘案例，不是用户最常见的使用场景），但在现实中又有不少人遇到过的（高速入口强行低速加塞那个我 本人都遇到过不止一次，消失的前车也遇到过容易一些的版本）。 很多人吐槽懂车帝在测试中的"控制变量"不够好，在笔者看来，大概率不是懂车帝故意为之。实在是因为车辆测试要做到完全精准与标准，是一个耗资巨大 的活。 ...

Core Insights - Lovart, an AI design agent, has recently opened full registration after a period of high demand for invitations, indicating strong interest in the product [3][2][9] - The product has shown impressive growth, with over 100,000 registered users within five days of its beta launch and nearly one million users on the waitlist during the testing phase [7][9] - Lovart's official version has improved upon its beta version, maintaining core design capabilities while enhancing user experience and introducing innovative features like ChatCanvas [11][10][58] Product Features - Lovart integrates advanced AI models for image, video, and 3D asset generation, making it a comprehensive AI design studio [16][14] - The ChatCanvas feature allows users to interact with the design interface intuitively, enabling modifications through simple comments and facilitating a seamless design workflow [64][66][125] - The platform supports multi-modal context, allowing users to manage different design elements and styles within a single project [58][60][121] User Experience - Users can create complex designs with minimal effort, as Lovart automates many tasks that traditionally require manual adjustments [56][75][119] - The platform's ability to generate videos and audio based on user prompts demonstrates its versatility and user-friendly approach [99][105][86] - Lovart encourages creativity by allowing users to combine unrelated elements into cohesive designs, enhancing the overall creative process [121][122][128] Market Position - Lovart's rapid user growth and innovative features position it as a significant player in the competitive AI design agent market [9][10][125] - The product aims to democratize design by making it accessible to users without professional design skills, focusing on enhancing creativity rather than replacing it [127][128]

Industry Overview - The capital market's attention towards the computing power industry chain has increased with the release of Nvidia's GB300, particularly in the optical module (CPO) sector [1] - Optical modules serve as hardware devices that convert electrical signals to optical signals and vice versa, acting as a "translator" between electronic devices and fiber optic networks [1] - CPO (Co-Packaged Optics) technology integrates optical modules' core components with computing chips on the same substrate, reducing signal transmission distance [1][2] Market Dynamics - The optical communication industry consists of upstream raw materials like optical/electrical chips and PCBs, midstream optical devices, and downstream systems targeting telecom operators, cloud service providers, and data center manufacturers [4] - The CPO industry chain has a pyramid structure with uneven technology barriers and value distribution, where silicon photonic chips are crucial for optical conversion efficiency [7] - The market for optical modules is expected to grow significantly, reaching $22.4 billion by 2029, driven by high demand from cloud computing service providers and telecom operators for high-speed data modules [9] Company Analysis 1. **Tianfu Communication** - A leading provider of optical device solutions and advanced packaging services, Tianfu is an official technical partner of Nvidia's CPO switch, with products entering small batch production [16] - Revenue is projected to grow from 873 million yuan in 2020 to 3.252 billion yuan in 2024, with a compound annual growth rate (CAGR) of 38.91% [18] 2. **Taicheng Light** - One of the largest manufacturers of high-density optical connection products, Taicheng focuses on CPO and has seen significant demand for MPO connectors due to data center construction [22] - Revenue is expected to increase from 574 million yuan in 2020 to 1.378 billion yuan in 2024, with a CAGR of 24.49% [24] 3. **Yuanjie Technology** - Specializes in the research, design, production, and sales of optical chips, with products used in fiber access, 4G/5G networks, and data centers [27] - The optical chip market in China is projected to grow from $555 million in 2015 to $2.997 billion by 2026, supported by rapid internet development and new infrastructure demands [31]

Core Viewpoint - The sanitary napkin industry is facing a trust crisis, highlighted by the controversy surrounding Xinba's brand "Mian Mima," which has been found to contain high levels of carcinogenic substances, while other brands like those promoted by Yu Minhong and Huang Zitao are gaining popularity for their quality and marketing strategies [1][2][4]. Group 1: Industry Overview - The sanitary napkin market in China is significant, impacting the health of approximately 700 million women, and there is a strong demand for reform and quality assurance in the industry [25]. - The average gross margin in the sanitary napkin industry is reported to be around 45%, but due to high marketing and channel costs, the net profit margin is only between 7% and 11% [27]. - Recent sales data indicates that new entrants like Dongfang Zhenxuan and Huang Zitao's brands have achieved impressive sales figures, with Dongfang Zhenxuan's sanitary napkin sales reaching approximately 18 million units in just two days [5][26]. Group 2: Company-Specific Insights - Xinba's "Mian Mima" brand has generated sales of 3.33 billion yuan over eight years and claims to have 10 million users, but it is now under scrutiny due to health concerns [3][9]. - In contrast, Dongfang Zhenxuan has successfully leveraged its existing customer base and marketing strategies to enhance brand trust and sales, with a reported stock price increase of 53% since July [31]. - Huang Zitao has invested 275 million yuan into acquiring factories and innovating production lines for his brand, emphasizing transparency and quality in response to market demands [42]. Group 3: Product Quality and Safety Concerns - Reports indicate that multiple batches of "Mian Mima" sanitary napkins have been found to contain excessive levels of thiourea, a substance classified as a potential carcinogen [10][11]. - Despite the controversy, Xinba's representatives claim that their products are compliant with safety standards, presenting testing reports that show no thiourea presence in recent samples [13][14]. - Industry experts suggest that the presence of thiourea may be linked to cost-cutting measures, as it is cheaper than other antioxidants [19]. Group 4: Marketing and Consumer Trust - The recent sanitary napkin crisis reflects a broader consumer demand for product quality over low pricing, as seen in the contrasting strategies of Xinba and other emerging brands [4][44]. - Influencers like Yu Minhong and Huang Zitao are capitalizing on their reputations to build trust and drive sales, focusing on product quality rather than solely on price [7][43]. - The success of these brands in the sanitary napkin market illustrates a shift towards a product-centric approach, which is essential for long-term sustainability in the industry [51].

Core Insights - The article highlights the urgent need for elderly bathing services in China due to the increasing aging population and the challenges faced by disabled and semi-disabled elderly individuals in maintaining personal hygiene [1][2][4][7][52]. Group 1: Demographics and Needs - By early 2025, the population aged 60 and above in China is projected to reach 310 million, accounting for approximately 22% of the total population [1]. - As of the end of 2022, around 44 million elderly individuals in China were classified as disabled or semi-disabled [2]. - The demand for bathing assistance among elderly individuals is significant, with 11.3% reporting a need for such services [7]. Group 2: Industry Development - The elderly bathing service industry has seen rapid growth, with over a thousand service providers established in just a few years [11]. - The recognition of "elderly bathing assistants" as a new profession by the Ministry of Human Resources and Social Security in July 2024 signifies the increasing importance of this sector [13]. - Various service models are emerging, including community-based services, specialized home care companies, and micro-teams initiated by individuals [15][16]. Group 3: Challenges - There exists a significant gap between the high demand for bathing services and the low supply, particularly in third and fourth-tier cities and rural areas [21][22]. - The affordability of services poses a major challenge, as the cost of regular bathing can consume a substantial portion of an elderly person's income [26][24]. - The industry faces high operational costs, including the need for specialized equipment and the lack of insurance coverage for such services [28][29]. Group 4: Solutions and Opportunities - Learning from Japan's successful long-term care insurance model could provide insights into improving payment systems for elderly care services in China [36][39]. - The development of community-based service models that leverage data analytics for efficient service delivery could enhance the effectiveness and reduce costs [44][46]. - Initiatives like "time banks," where individuals contribute time to help the elderly in exchange for future services, could address workforce shortages and improve societal perceptions of caregiving roles [48][49]. Group 5: Conclusion - The elderly bathing service industry represents a significant market opportunity in response to the challenges posed by an aging population [52]. - Overcoming the barriers of unclear standards, talent shortages, and weak payment systems is essential for the industry to thrive [53]. - The success of this sector will depend on finding innovative solutions to scale services, control costs, and enhance public recognition of the importance of elderly care [54].

Group 1 - Offshore oil drilling platforms are complex and expensive structures that play a crucial role in global energy production, with approximately one-third of oil and gas extraction coming from the ocean, a figure that is increasing annually [4][10][12] - The need for offshore drilling arises from the depletion of land-based oil and gas resources, prompting exploration in deep-sea areas where significant reserves remain [5][9] - Offshore platforms are categorized into three main types based on operational methods and water depth: self-elevating platforms, semi-submersible platforms, and drilling ships or FPSOs [11][21] Group 2 - The operational costs of offshore platforms are extremely high, with some platforms like CNOOC's "Ocean Oil 981" costing over one million RMB per day to operate [13] - Workers typically follow a rotation schedule of one month on and one month off, which poses challenges to their physiological and psychological endurance due to the demanding work environment [14][50] - The work environment on offshore platforms is highly disciplined, resembling a military structure, with strict adherence to safety protocols and regular emergency drills [45][48] Group 3 - Communication with the outside world is limited, with only a satellite phone available for brief daily calls, creating a sense of isolation for workers [51] - Despite the challenges, the platforms offer high-quality meals, with daily meal allowances significantly exceeding those on land, reflecting the need to maintain worker morale [33][32] - The experience of working on an offshore platform is described as a blend of industrial efficiency and philosophical solitude, highlighting the contrast between human industry and the natural environment [54][58]

Core Viewpoint - The collaboration between Dongchedi and CCTV to conduct "intelligent driving" scenario tests on over 30 popular car models has yielded mixed results, highlighting the need for more rigorous and transparent testing in the automotive industry [1][2]. Group 1: Testing and Industry Response - Some car manufacturers have publicly criticized Dongchedi's testing, claiming it lacks professionalism and rigor, while others in the automotive media have also raised concerns about the validity of the tests [2]. - Dongchedi's tests are seen as the first public assessment of multiple models under realistic road conditions, contrasting with traditional closed-environment crash tests that do not adequately reflect the risks associated with autonomous driving [2][3]. - The automotive industry is urged to prioritize consumer safety over competitive marketing, emphasizing the importance of conducting more open and professional real-world tests [3][4]. Group 2: Legislative and Regulatory Considerations - The article advocates for the establishment of stricter automotive safety regulations in China, similar to the TREAD Act in the U.S., which mandates manufacturers to disclose critical safety data [5]. - It argues that the automotive industry must balance technological advancement with consumer safety, suggesting that more stringent legislation could help elevate industry standards [5][6]. - The necessity for a reasonable liability framework is highlighted, as the current lack of accountability could lead to consumer safety being compromised [6]. Group 3: Consumer Safety and Industry Accountability - The automotive sector is called upon to place consumer safety at the forefront of its operations, as the consequences of failures in this industry can be life-threatening [6]. - The article stresses that merely showcasing user statistics is insufficient to prove the safety and reliability of autonomous driving systems [6].

Group 1 - The concept of "Aura" proposed by Walter Benjamin relates to a transcendent response that connects distant people and objects, similar to the "artistic conception" in Eastern culture [1] - The introduction of silver plate photography in China during the mid-19th century and its acceptance by the Qing government marked a significant cultural shift [1] - The Fushun West Open-pit Coal Mine, as a core energy base during China's first five-year plan, has a mining history of 118 years and has significantly contributed to China's industrial development [4][5] Group 2 - The Fushun West Open-pit Coal Mine has provided thousands of jobs and has led to the establishment of a complete industrial chain, contributing to the prosperity of the city [9] - The coal mine's production peaked at nearly 20 million tons annually, contributing up to 30% of the national coal output during its operational years [5] - The transformation efforts by local government in resource-depleted cities have included extensive greening projects and the establishment of a coal museum, improving the local environment [10] Group 3 - The steel industry in Liaoning, particularly through Anshan Iron and Steel Group, plays a crucial role in China's steel production, accounting for over half of the global output [24] - Anshan was a significant industrial center during the planned economy era, with a GDP of 3.278 billion RMB in 1978, ranking thirteenth nationally [15] - The transition to a market economy led to significant layoffs in state-owned enterprises, impacting the local workforce and economy [16][18] Group 4 - The narrative of industrial workers, such as Wang Yuwen, highlights the emotional and social aspects of labor in the coal and steel industries, capturing the essence of their experiences through photography [3][13] - The evolution of cities like Anshan and Fushun is closely tied to their industrial roots, with many local enterprises emerging from the legacy of state-owned industries [24][28] - The ongoing revitalization of Northeast China emphasizes the integration of technology and culture in industrial development, marking a shift from traditional industries to modern manufacturing [28][30]

Group 1 - The article reflects on the optimism and resilience of a window and door manufacturing company in Huangshan, China, amidst economic challenges, emphasizing a positive outlook for the future [3][20] - The company, led by a founder with nearly two decades of experience, has expanded its operations and focused on learning from international markets, particularly Germany, to enhance its technological capabilities [6][7][9] - The founder's approach to employee welfare includes non-monetary support, fostering a sense of belonging and stability among the workforce, which is crucial in retaining local talent [11][16][20] Group 2 - The company has adapted to market demands by ensuring quick delivery and high-quality products, with a commitment to delivering standard products within 15 days [18] - The workforce is primarily composed of local employees, many of whom have been with the company for over five years, contributing to a stable and committed labor force [16][20] - The founder's vision, referred to as the "徽州梦" (Hui Merchant Dream), drives the company's growth and employee engagement, creating a work environment that values both personal and professional development [20][23]

中美关税悬而未决。2025年4月，特朗普政府对华累计加征125%关税，叠加此前芬太尼关税20%，总税率达145%。5月12日，双方在日内瓦的谈判达成阶 段性协议，中美联合下调了115%的加征关税。中国制造在新一轮关税战里命运未卜。 摄影/俞俊春 "我们公司的人已经一个月没活干了。" 时间倒回5月1日，开了20多年外贸公司的姑姑对我说。她的公司几乎全做美国订单，当时都被喊停，只能等局势进一步明朗。"撑到年底看看情况，我倒 是可以退休了，但我们员工怎么办？" 那是上海北外滩的五一市集，我在摆摊卖宠物玩具，姑姑带着小狗来探班，说起了如今生意的难处。今年，在原有工厂的基础上，我做了宠物品牌，来市 集上赔本赚吆喝，被我妈哂笑之："你们现在留学回来都去摆摊。"言下之意，书白读了。我读了不少书——中国文学、新闻学、国际关系，哪样都不是拿 来赚钱的专业，却是成为"海归废物"的不二选择。 紧随着"海归废物"这个身份标签在网上火起来的就是"厂二代"。如果前者代表着我这代90后在毕业后的迷茫与落差，那么后者就将个人的身份认同延伸到 了中国制造业的代际交接上，意味着新一轮的中国工厂接班潮正在发生。 从左到右：邱丁伟，方滨，陈志凯，施 ...