邹良军：我来回答你的第一个问题。 在焕新版车型上市以后，销量表现符合我们的预期，并且呈现健康增长的趋势。目前，每周的销量已经 超过了1万台。在五月份，截止到目前，在20万元以上NEV（新能源汽车）的市占率我们已经达到了 14.7%。我们很有信心焕新版车型的销量将很快回到月销5万台的水平。 摩根士丹利分析师Tim Hsiao：我的第二个问题想和管理层请教一下公司的产品。理想汽车在什么阶段 会考虑进军轿车市场？管理层是否会参考当前SUV L系和i系的双赢战略？ 李想：我们当前的判断是：理想汽车的增程式SUV、纯电SUV以及理想MEGA整体全部交付后，我们 的上限是可以支撑实现一年3000亿的营收规模。在达到这个规模并且实现了产品覆盖之后，我们也会根 据真实的市场需求，在未来推出价格更合适的MPV（多用途汽车）和轿车产品，而这些产品也会是我 们面向中国以及其他重要的亚洲、欧洲市场需求所推出的主打产品。 专题：聚焦美股2025年第一季度财报 5月29日，理想汽车（NASDAQ：LI；HKEX： 2015）今日发布了截至3月31日的2025年第一季度财 报：总营收为259亿元，同比增长1.1%，环比下滑41.4%。净利 ...

新浪科技讯 5月29日晚间消息，DeepSeek今日宣布，DeepSeek R1模型已完成小版本升级，当前版本为 DeepSeek-R1-0528。用户通过官方网站、App或小程序进入对话界面后，开启"深度思考"功能即可体验 最新版本。API 也已同步更新，调用方式不变。 工具调用，DeepSeek-R1-0528 支持工具调用（不支持在 thinking 中进行工具调用）； 据介绍，DeepSeek-R1-0528 仍然使用 2024 年 12 月所发布的 DeepSeek V3 Base 模型作为基座，但在后 训练过程中投入了更多算力，显著提升了模型的思维深度与推理能力。官方称更新后的 R1 模型在数 学、编程与通用逻辑等多个基准测评中取得了当前国内所有模型中首屈一指的优异成绩，并且在整体表 现上已接近其他国际顶尖模型，如o3与Gemini-2.5-Pro。 其他能力更新方面，包括幻觉改善，新版 DeepSeek R1 针对"幻觉"问题进行了优化。与旧版相比，更新 后的模型在改写润色、总结摘要、阅读理解等场景中，幻觉率降低了45~50%左右，能够有效地提供更 为准确、可靠的结果； 创意写作，在旧版 R1 ...

Group 1 - The core viewpoint of the article indicates that while the company remains a leader in the new energy vehicle sector, it is no longer experiencing the same level of rapid growth as before, signaling a need for strategic adjustments [1] - In Q1, the company reported a revenue of 25.9 billion yuan, a year-on-year increase of 1.1%, maintaining its position as a leader among new energy vehicle manufacturers [1] - The average selling price of vehicles decreased to approximately 265,700 yuan, down 11.9% year-on-year, attributed to seasonal factors, previous price reductions, and changes in product mix [1] Group 2 - The company's gross profit for Q1 was 5.319 billion yuan, with a gross margin of 20.5%, showing a slight year-on-year decline of 0.1 percentage points [1] - Operating expenses for the quarter were 5 billion yuan, a decrease of 14% year-on-year, with reductions in both R&D and sales, general, and administrative expenses [1] - The company achieved a net profit of 647 million yuan, a year-on-year increase of 9.4%, although its adjusted net profit of 1.014 billion yuan represented a 20.5% decline [1] Group 3 - In terms of vehicle deliveries, the company delivered 92,864 vehicles in Q1, a year-on-year increase of 15.5%, aligning with its guidance for the quarter [4] - Despite maintaining a strong delivery volume, the company fell to third place in sales among new energy vehicle manufacturers, overtaken by competitors [5][7] - In April, the company delivered 34,000 vehicles, while competitors delivered 41,000 and 35,000 vehicles, further solidifying its third-place position in the market [7]

Core Insights - The core viewpoint of the articles is that Dida Chuxing has upgraded its ride-sharing features to enhance user experience by facilitating repeat rides among users, thereby fostering a semi-familiar travel atmosphere [1][2]. Group 1: Feature Enhancements - Dida Chuxing has introduced a new feature allowing users to invite previous travel companions before booking a ride, increasing the certainty of shared rides and improving the efficiency of the invitation process [1]. - The platform has also launched a WeChat invitation feature, enabling passengers to share their travel plans on WeChat to invite others to join, which helps in cost-sharing and rewards both the inviter and invitee [1]. - The platform will utilize historical travel data, route compatibility, and user ratings to intelligently recommend potential travel companions to both drivers and passengers [1]. Group 2: User Demand and Social Integration - The upgrades to the repeat ride invitation feature are based on genuine user demand, particularly from those with fixed routes and schedules who prefer to travel with familiar companions [2]. - The ability to invite companions through WeChat enhances trust among users and strengthens social connections within their networks, contributing to the development of a semi-familiar travel ecosystem [2].

新浪科技讯 5月29日晚间消息，真我举办新品发布会，正式发布Neo系列新品真我Neo7 Turbo，售价 1999元起，国补到手价1699.15元起。 真我Neo7 Turbo采用"透明新生设计"设计，采用激光精雕多纹理拼接工艺，透明背板近1：1还原内部排 布。真我Neo7 Turbo提供透明灰和透明黑两款配色。真我Neo7 Turbo首批搭载联发科天玑9400e旗舰 芯，采用全大核架构，包含4个 Cortex-X4 超大核，主频至高可达3.4GHz，以及4个主频为2.0GHz 的 Cortex-A720 大核；GPU 方面，搭载旗舰12核Arm Immortalis-G720。经测试，安兔兔跑分达245万+。 真我Neo7 Turbo搭载144Hz 1.5K护眼直屏，采用京东方Q10发光材料，拥有6500nit局部峰值亮度， 1800nit全局激发亮度。支持AI游戏护眼、硬件级低蓝光、舒眠模式等多项护眼技术；搭载7200mAh泰 坦电池，配备100W闪充，至快19分钟充至50%，47分钟充至100%。 影像方面，其配备索尼5000万像素超清主摄，配合GT旗舰同款超光影引擎。同时支持Live Photo实况照 ...

Core Insights - JD.com and Xiaohongshu have upgraded their strategic partnership by launching the "Red Jing Plan," aimed at providing new growth paths for brands and merchants ahead of the 618 shopping festival [1][2] - The collaboration allows all brands on JD.com to utilize Xiaohongshu's "direct planting" feature, enabling users to click on ads that link directly to the JD app for seamless transaction conversion [1][2] Summary by Sections Partnership Details - The "Red Jing Plan" integrates Xiaohongshu's content ecosystem with JD.com's transaction ecosystem, creating a closed loop from content planting to advertising linkage to immediate conversion [2] - The advertising model under the "Red Jing Plan" supports both Xiaohongshu and JD.com ordering, catering to diverse merchant needs [2] Performance Metrics - The previous "Xiaohong Alliance" model demonstrated significant effectiveness, with an average conversion rate increase of 45% for products viewed on Xiaohongshu and a 28% increase in add-to-cart conversion rates [1] - This model provides a comprehensive attribution for planting effects, offering strategic guidance for precise secondary marketing on JD.com, thereby enhancing transaction conversion rates [1] Future Outlook - JD.com plans to further enhance its marketing value by collaborating with various internet platforms, including Xiaohongshu, Douyin, and Bilibili, through a 1+X operational strategy by 2025 [2]

新浪科技讯 5月29日下午消息，近日，字节跳动"筋斗云人才计划"升级后再度开启。与去年相比，开放 的前沿课题数增加30%，招聘目标群体的毕业年限范围进一步放宽。 据悉，"筋斗云人才计划"是字节跳动面向优秀技术人才推出的专项，职位涵盖全职和实习。希望在全球 范围内吸引和招募一批顶尖人才，发挥潜力，成为前沿难题的破局者。该招聘专项首次启动于2024年7 月。 今年的招聘在不限专业的基础上，大幅放宽目标博士生群体的毕业年限，全职岗位面向2022年9月至 2026年8月期间毕业的博士生，2025年9月及以后毕业的在校博士同学可以投递实习岗位。字节跳动官方 微信公众号称："不对专业做限制，不因工作年限卡定薪定级，欢迎有探索前沿技术想法的你投递。" 相关招聘计划的官网显示，本次招聘涵盖大模型应用、搜索/推荐/广告、计算机体系结构与系统优化、 安全/AI Safety、硬件、AI Coding、视频架构、AIGC等8大领域；向目标招聘群体开放的课题数量由 2024年的31个增加至42个。这些课题分布在学术研究和科研应用两个方向，支持成果发表，也有丰富的 场景可以落地。 字节跳动招聘相关负责人表示："公司对前沿探索有长期投入 ...

新浪科技讯 5月29日上午消息，今日，影石创新首次公开发行股票并在科创板上市网上投资者交流会召 开，谈及AI技术对于影石创新发展的影响，影石创新董事长刘靖康认为，目前在AI技术的帮助下，智 能影像设备已经可以实现场景识别、人像识别、色彩优化等效果。 他表示，通过AI的深度学习功能，可以实现对智能影像设备中的相片或视频进行针对性的优化。AI算 法通过海量的数据进行深度学习和训练，了解用户偏好画面的构成、色彩分布以及成像风格，从而为用 户摄影带来更多观感更佳的作品。目前在AI技术的帮助下，智能影像设备已经可以实现场景识别、人 像识别、色彩优化等效果。公司自主研发的AI影像处理技术，包括AI剪辑技术、AI调色技术、AI追踪 技术、AI全景自动拍摄技术、AI低光视频画质增强技术均已运用在产品中，能够显著提升智能影像设 备的性能和使用体验。 此外，刘靖康还提到，截至2024年12月31日，公司拥有9家境内全资子公司、7家境外全资子（孙）公 司、3家分公司、2家参股公司，其中重要子公司5家（最近一年总资产、净资产、营业收入或净利润任 一指标占公司合并口径相应指标5%以上的控股子公司为"重要子公司"），无对公司有重大影响的 ...

Core Viewpoint - The recent pricing chaos of Ninebot electric vehicles has led to significant customer dissatisfaction, with users reporting price drops shortly after purchase and the company's refusal to honor price protection policies [1][3][5]. Pricing Issues - Users have expressed frustration over the inconsistent pricing across different platforms, with significant price drops occurring shortly after purchases, leading to feelings of being "betrayed" [3][7]. - Ninebot's official response to customer complaints has been to deny price protection, which has further fueled user anger [1][5]. Financial Performance - Ninebot reported a substantial increase in revenue for 2024, with total revenue reaching 14.2 billion yuan, a year-on-year increase of 38.9%, and a net profit of 1.08 billion yuan, up 81.3% [8]. - The company's gross margin for electric two-wheelers stands at 21.1%, significantly higher than competitors like Niu and Yadea, which have seen declines in their gross margins [12]. Competitive Landscape - Competitors such as Yadea and New Day are facing growth challenges, with Yadea's revenue declining by 18.8% to 28.236 billion yuan and New Day's revenue down 14.49% to 3.511 billion yuan [9]. - Ninebot's diversified product offerings, including electric balance bikes and robots, have contributed to its revenue growth, with electric two-wheelers accounting for over 50% of its revenue [15]. Quality Concerns - Ninebot has faced multiple incidents of pricing errors and quality issues, with several batches of its electric bicycles failing quality inspections [14][15]. - The company has been criticized for its management of pricing and channel strategies, which have led to repeated public relations crises [14].

专题：英伟达财报：英伟达Q1业绩整体超预期 Q2料H20收入减少80亿 北京时间5月29日凌晨，英伟达公布2026财年第一财季财报：营收为440.62亿美元，同比增长69%；调 整后净利润为198.94亿美元，同比增长31%（注：英伟达财年与自然年不同步，2025年1月底至2026年1 月底为2026财年）。 详见： 英伟达第一财季营收440.62亿美元 同比增长69% 财报发布后，英伟达创始人、总裁兼首席执行官黄仁勋和执行副总裁兼首席财务官科莱特·克雷斯等高 管出席随后召开的财报电话会议，解读财报要点并回答分析师提问。 以下是分析是问答环节主要内容： 摩根大通分析师Joseph Moore：我们注意到，在过去至少一年时间里，管理层都讨论逻辑推导模型在 推理方面的需求扩展。也正如你们所谈到的，已经看到这些努力所取得的一些成果，从你们的客户那里 也听到了相关反馈。能否展开谈一下，公司目前能够多大程度上满足这些需求？推理业务对英伟达而 言，目前规模有多大？另外，未来的逻辑推导和推理是否需要完全基于NBL72机架规模的解决方案？ 黄仁勋：事实上，思考这个问题的最佳方式可能是，人工智能包含多个方面。当然，我们知道人工 ...