A股市场行情活跃，权益基金价值凸显。据Wind统计，自去年"924"金融政策齐发以来，万得偏股混合 型基金指数在不到一年时间里累计上涨52.08%，远超同期沪深300指数(39.11%)。在此背景下，银华基 金主动权益序列全力出"基"——银华甄选价值回报混合(A类：023839，C类：023840)正在发行中，为投 资者关注当下权益市场又添优质工具。(数据来源：Wind，2024.09.24-2025.08.25；指数历史业绩不预示 未来表现。) 伴随A股行情升温，主动权益基金或迎布局良机，银华甄选价值回报混合的发行则为投资者提供了投资 利器。公开资料显示，作为一只混合型基金，该基金的投资组合比例中，股票资产占基金资产的比例为 60%-95%,，其中投资于港股通标的股票资产占股票资产的比例不超过50%。(资料参考：基金招募说明 书) 展望未来，无论是短期还是中长期视角下，价值风格都值得关注。中短期来看，经济复苏周期、政策鼓 励分红、增量资金关注及价值板块估值处于相对低位等背景下，价值风格资产有望受益；长期来看，国 内经济增速面临"换挡"，我国进入广义低利率时代，价值股的吸引力显著提高。 投资者可以关注此次发行 ...

• 会议协同：提供预约会议、立即开会、加入会议、日程助理等功能，优化远程协作体验。 • 文档协作：整合个人知识库、个人主页、我的文档、最近浏览等功能，实现知识有序沉淀、随时调 取。 鸿蒙版如流的六大智能办公核心模块均已齐备，通过通讯流、工作流和知识流的互联互通支撑企业办公 效率提升： • 智能通讯：支持个人会话、群会话、语音消息和高质量音视频通话，满足企业高效沟通需求。 近日，百度旗下智能工作平台"如流"正式启动鸿蒙版本邀请内测。鸿蒙版如流现已适配六大智能办公核 心模块，为企业提供了一体化数字协作体验，这也标志着百度在鸿蒙生态布局中再次迈出关键一步。 • 知识管理：依托文心大模型，支持大部分知识搜索和结果浏览，助力企业信息沉淀与复用。 如流自"百度Hi"升级而来，基于百度20多年企业管理及工作模式沉淀和15年平台演变经验，致力于打造 面向企业的新一代智能工作平台。在鸿蒙化适配过程中，借助鸿蒙操作系统标准化开发工具，如流在 IM和会议功能上的跨平台积累可快速迁移至鸿蒙5，大幅提高开发效率。 • 工作流：已完成代办审批流、百度出行、电子工卡、百度邮箱、Approval等主要应用的适配，实现业 务流程数字化管理。 ...

Core Insights - Zhejiang Bingbing Pawn Co., Ltd. has been exploring a dual-operation model of "pawn + consignment" to provide innovative solutions for revitalizing idle assets for individuals, families, and small enterprises [1][5] - The company has established a comprehensive service ecosystem that addresses both short-term financial needs through pawn services and long-term asset circulation through consignment services [5][7] Summary by Sections Business Model - Bingbing Pawn has focused on private financial services since its establishment in 2002, offering a full range of short-term financing services including real estate mortgages, vehicle pledges, and personal item pawning [1] - The company aims to integrate consignment services into its core offerings, enhancing the synergy with its pawn business to meet the growing demand for the circulation of idle assets such as luxury goods and collectibles [1][3] Consignment Business Features - The consignment business includes the recovery and circulation of luxury goods, gold and jewelry, watches, and artworks, following a strict process of professional appraisal, transparent pricing, secure custody, and efficient transactions [3] - Leveraging a professional appraisal team with expertise in over 50 categories, the company ensures standardized operations for authenticity verification and value assessment, providing clients with reasonable quotes [3] Synergy of Pawn and Consignment - The combination of pawn and consignment services creates a complete asset service ecosystem, addressing urgent cash needs through pawning and long-term asset activation through consignment [5] - Since the launch of the consignment business, it has served over 3,000 clients, with transaction categories primarily including luxury bags, gold jewelry, and watches, covering price ranges from thousands to tens of thousands of yuan [5] Industry Impact and Future Plans - As a leading entity in the pawn industry, Bingbing Pawn's dual-track model serves as a reference for the sector, with plans to expand its service network to nearly 60 counties in Zhejiang province [7][8] - The company aims to enhance its digital platform to provide compliant, transparent, and efficient asset services, contributing to a more robust private financial service system [8]

在跨境投资日益受到关注的背景下，QDII债基为境内投资者提供了一条布局海外债市的便捷通道。据 悉，鹏华基金旗下两只QDII债基产品——鹏华全球中短债A类人民币(206006)、鹏华全球高收益债人民 币(000290)今年以来持续表现亮眼，成为当下备受关注的产品。 资料显示，上述两只产品均由鹏华基金国际业务部副总经理/基金经理郝黎黎执掌，其具有15年证券从 业经验，专注全球美元债、美元可转债等投资领域。 回顾鹏华全球中短债上半年运作，郝黎黎指出，在信用持仓上，依旧以国际评级为投资级的公司债券为 主，上半年在关税冲击下，择机增配了受影响的新兴市场和相关行业券种，为基金带来正收益。在久期 上保持灵活操作，借助美债收益率上行的机会适度增加了久期。 据基金中报，截至2025年6月30日，鹏华全球高收益债A过去6个月、1年净值增长率分别为5.15%、 6.79%，同期业绩比较基准分别为2.86%、9.05%。 回顾鹏华全球高收益债运作，郝黎黎指出，上半年通过城投、金融、可转债、产业债等板块的优化配 置，改善投资组合的风险收益比，持仓的整体信用资质不断提升。针对关税反复的节奏，交易了部分相 关行业券种，为基金带来正收益。在 ...

Core Insights - The article emphasizes the importance of smart park construction in the modernization process of cities, highlighting the comprehensive smart park solutions offered by the company, which include asset management, property management, operational services, smart office, access control, mobile applications, energy carbon models, IoT platforms, and digital twins [1] Asset Management - The asset management system enables full lifecycle digital management from space resources to leasing contracts, significantly enhancing asset operation efficiency [3] - The system features visual management of space resources, allowing managers to view resource locations, parameters, and real-time statuses [5] - It supports mixed management of various property types and provides comprehensive tracking from potential clients to contract signing, addressing traditional system limitations [5] Property Management - The smart property management system restructures traditional service processes through digital means to reduce costs and increase efficiency [7] - It includes a comprehensive customer service system that allows owners to submit requests via mobile, enhancing communication efficiency [7] - The financial management module ensures transparency in charges and automates billing processes, improving payment convenience [7] Operational Services - The park operation service platform creates a rich ecosystem beyond traditional property management, establishing a member system for differentiated services [9] - It includes a marketplace for various third-party services and a management system for events, enhancing resource utilization [9] Smart Office - The smart office solution digitizes space and processes to create an efficient collaborative working environment [12] - Features include intelligent scheduling for meeting rooms and a comprehensive attendance system that integrates with access control [12] Access Control - The unified access control platform integrates various subsystems to create a secure and convenient access environment [14] - It supports multiple identity verification methods and real-time monitoring of access devices [14] Mobile Application - The mobile application consolidates various service resources, providing a convenient experience for enterprises and employees [18] - It facilitates online management of leasing, property services, and operational activities, enhancing communication and efficiency [18] Energy Carbon Model - The energy carbon model applies AI technology to energy management, offering multi-dimensional analysis for decision support [20] - It can achieve energy savings of 10%-30% through intelligent control strategies [21] IoT Platform - The IoT platform breaks down device silos, enabling comprehensive management of park-level IoT capabilities [23] - It supports various protocols for device integration and automates business flows through scenario linkage [23] Digital Twin - The digital twin system creates a three-dimensional digital mirror of the park, allowing for visual management of physical assets [27] - It supports high-precision modeling and integrates various data types for comprehensive oversight [30] Technical Architecture and Core Advantages - The smart park solution employs a "1+3+5" technical architecture, ensuring a seamless user experience across multiple platforms [34] - The company emphasizes its self-developed technology and strategic partnerships to enhance system integration and delivery capabilities [36]

Core Insights - The "Douyin Beautiful Harvest Festival" was launched on September 5, 2025, in Hangzhou, Zhejiang, focusing on promoting agricultural products and sharing e-commerce experiences to support rural revitalization in the digital age [1][5] Group 1: Event Overview - The event was organized by the China Agricultural Publishing House and supported by Douyin E-commerce and ByteDance Public Welfare, with participation from over a hundred Douyin e-commerce creators and agricultural merchants [1] - Leaders from various agricultural departments across provinces such as Zhejiang, Inner Mongolia, Liaoning, and Chongqing attended the event [1] Group 2: E-commerce Initiatives - Douyin E-commerce's strategy head, Su Ding, highlighted that the platform has sold over 20 billion agricultural specialty products in the past three years, with a continuous increase in the number of agricultural merchants and creators [2] - The platform has implemented measures to enhance the quality and efficiency of agricultural businesses, benefiting over 210,000 merchants through official guarantees and commission-free policies [2] Group 3: New Farmers' Contributions - The event showcased 38 remarkable new farmers, including representatives like @YimengErjie and @LuXiaokai, who shared their entrepreneurial stories and successes in promoting local agricultural products [3] - @YimengErjie, known as the "Poet of the Fields," sold 80,000 orders of peaches through Douyin E-commerce and plans to promote other local products [3] - @LuXiaokai has helped villagers sell unsold mountain goods and established a company to train young people in short video production and live streaming, significantly improving local employment [3] Group 4: Future Activities - The event marked the official start of a series of activities for the 2025 Chinese Farmers' Harvest Festival, including super category days and topic-based writing contests to encourage participation from creators, merchants, and users [5] - Starting September 10, a dedicated "Douyin Beautiful Harvest Festival" shopping area will launch, featuring discounted local specialties from various regions and enhanced fresh product delivery services [5] Group 5: Commitment to Rural Revitalization - Douyin E-commerce aims to increase market attention on agricultural products through high-quality short videos and live content, providing new sales channels for new farmers and agricultural merchants [6][8] - The platform plans to continue supporting key industries and promoting regional specialties and brand upgrades to boost farmers' income [8]

Core Viewpoint - The article discusses the increasing prevalence of thyroid nodules, particularly among women, and explores the underlying factors contributing to this trend [1][2]. Group 1: Prevalence and Demographics - Thyroid nodules have a prevalence rate of 3% to 4%, with women accounting for 70% of cases, especially those aged 20 to 40 [1]. - The occurrence of multiple nodules is more common in the female population [1]. Group 2: Contributing Factors - Emotional factors play a significant role, as women tend to experience greater emotional fluctuations, which can negatively impact thyroid health [1][2]. - Hormonal imbalances, particularly related to estrogen, are closely linked to thyroid function and can exacerbate the formation of nodules [2]. Group 3: Physical Symptoms and Health Implications - As nodules worsen, physical changes such as neck swelling, difficulty swallowing, and even breathing issues may occur [2]. - Thyroid nodules can disrupt endocrine regulation, leading to significant weight fluctuations and metabolic imbalances [2]. Group 4: Prevention and Care - Emphasizing the importance of preventive care, the article suggests maintaining a balanced diet, managing iodine intake, and fostering a positive mental state to support thyroid health [2][3]. - Recommendations include avoiding excessive fatigue and ensuring a balanced lifestyle to mitigate the risk of thyroid issues [2].

Core Insights - The article highlights the significant presence of Chinese home appliance brands, particularly Meiling, at the 2025 IFA in Germany, showcasing their latest innovations in AI technology [1][3][5] - Meiling's AI refrigerator and washing machine have garnered attention from European customers, indicating a growing interest in advanced technology from Chinese manufacturers [1][3][5] Group 1: Product Innovations - Meiling introduced AI cloud moisture technology in its refrigerators, designed to maintain the freshness of fruits and vegetables for up to seven days, simulating the humid environment of a panda's habitat [5] - The washing machine features a "three times cleaning" technology that mimics the natural movement of pandas, emphasizing a philosophy of natural cleanliness [5] Group 2: Market Expansion - Meiling is rapidly expanding its overseas presence, achieving stable growth in core markets such as Asia-Pacific, Europe, and the Americas, while also making breakthroughs in new markets like the Middle East and Africa [5][7] - The company reported a revenue of 18.072 billion yuan in the first half of 2025, a year-on-year increase of 20.80%, with a net profit of 417 million yuan, reflecting the strong momentum from overseas markets [5] Group 3: Strategic Vision - Meiling aims to drive innovation and resource integration, focusing on product differentiation to create unique value products for the global market [7] - The company plans to exceed industry average growth rates by leveraging its innovative capabilities and collaborative efforts within the industry [7]

Core Viewpoint - The article discusses effective brightening masks suitable for oily and sensitive skin, particularly during summer, highlighting their immediate and long-term benefits for skin brightness and repair [1][3]. Group 1: Product Recommendations - The first recommended product is Gu Yu Milk Skin Mask, which features a unique formula that provides immediate brightening and long-lasting whitening effects, specifically targeting individuals aged 18-35 [3]. - The core ingredient, Aurora Licorice, has been tested to reduce melanin content by 86.62% within 72 hours, with a suppression rate of 115.54%, and is gentle on the skin [3]. - The second product is Shiseido's New White Mask, which is suitable for concentrated brightening needs, offering a refreshing feel without heaviness, although its whitening effect is milder and requires consistent use for noticeable results [6]. - The third product is SK-II's Small Light Bulb Mask, which has a unique gel-like essence that penetrates quickly, providing a cooling sensation and significantly reducing dullness after 15 minutes of use [8]. Group 2: Target Audience and Usage - The Gu Yu Milk Skin Mask is ideal for individuals with oily skin, frequent late nights, or those traveling, as it addresses yellowing and dullness while also providing long-term whitening and repair [4]. - Shiseido's New White Mask is recommended for users needing urgent skin revival before events, while SK-II's Small Light Bulb Mask is effective for improving overall skin texture and reducing issues caused by late nights and sun exposure [6][8]. - The article emphasizes that achieving bright skin requires not only the use of masks but also proper sun protection and a regular sleep schedule, especially during the back-to-school season [8].

Core Viewpoint - The article discusses skincare products suitable for sensitive skin during seasonal changes, highlighting their soothing, barrier-repairing, and moisturizing properties [1][3]. Group 1: Recommended Products - The first recommended product is "谷雨光感水," which is effective for brightening and repairing the skin barrier, featuring a unique ingredient "极光甘草" that can reduce melanin content by 86.62% within 72 hours [3][4]. - The second product, "Fresh红茶精华水," is noted for its lightweight texture and ability to improve skin dullness and dryness, enhancing skin luminosity and smoothness over time [5][8]. - The third product, "YSL夜皇后精华," is designed for nighttime use to accelerate skin repair and enhance radiance, particularly beneficial for tired skin after late nights [9][11]. Group 2: Product Benefits - "谷雨光感水" is suitable for sensitive skin, with clinical tests showing no adverse reactions among 30 sensitive skin participants [4]. - "Fresh红茶精华水" can be used by all skin types and provides long-lasting hydration, especially beneficial during seasonal transitions [8]. - "YSL夜皇后精华" is recommended for those with sensitive skin to conduct patch tests before full application, ensuring compatibility [12].