新京报贝壳财经讯 12月9日，美股最新披露文件显示，贝壳联合创始人、董事长、首席执行官彭永东出 售股票，此举用于兑现此前捐赠承诺。 今年4月份，贝壳公告彭永东拟捐赠公司900万股A类普通股，外界当时评估该股票价值约4.4亿元。捐赠 资金将通过格林互助和贝壳公益基金会联合第三方公益机构执行落地。在承担相应的纳税义务后，50% 税后资金将用于居住行业服务者及其家庭成员的医疗健康福利，50%税后资金将用于应届毕业生等群体 的租房帮扶。 编辑 杨娟娟 ...

11月，鸿蒙智行全系交付量为81864 辆，同比增长89.61%，创下了自成立以来单月销量的最高纪录。 编辑 杨娟娟 校对 刘军 新京报贝壳财经讯（记者韦博雅）12月8日，鸿蒙智行问界、智界、享界、尊界、尚界在上海共同宣布 全面深化战略合作。 据悉，此次合作升级将围绕"统一标准、资源共建"的核心理念展开，联盟将重点推进归一化、平台化解 决方案，标准化服务体系，共建充电网络，创新技术落地，联合营销服务五大领域合作，意味着鸿蒙智 行全方位生态联盟的合作再升级。 具体来看，归一化、平台化解决方案将推动鸿蒙座舱、智能驾驶、云服务等核心技术和部件的标准化， 统一质量管控、统一生态接口；联盟将打造行业内首个跨品牌共享售后服务中心网络，实现售前、交 付、售后等全流程服务标准化；五界品牌还将联合投资建设"鸿蒙智行充电站"，整合现有充电资源，构 建覆盖全国的超级补能网络，通过统一的账号体系和充电地图，为用户提供无缝的补能体验；设立联盟 创新中心，共同研发下一代智能汽车技术，加速创新成果商业化应用；建立联盟层面的营销服一体化操 盘机制，实现品牌协同、资源互补，提升整体市场竞争力。 ...

再次提交招股书一个月后，果下科技终于在12月3日通过了港交所聆讯。 招股书数据显示，2022年至2024年，果下科技毛利率分别为25.1%、26.7%、15.1%，今年上半年进一步 下滑为12.5%。在各项业务中，大储业务始终毛利率最低，几乎总是低于公司整体毛利率水平，这意味 着高增的大储业务虽然增厚了果下科技的收入，但也在短期内拖累了公司的盈利能力。 果下科技成立仅六年，创始人冯立正曾就职于昔日明星电池企业沃特玛。公司的董监高团队中，多人与 冯立正同为江南大学校友。 果下科技的业务核心为储能系统，这家年轻的企业在过去几年间经历了业务结构的重大调整，国内大储 业务迅速取代海外户储业务成为核心收入来源。不过，毛利率偏低的大储业务也拉低果下科技的盈利能 力。 招股书数据显示，2022年至2024年，果下科技毛利率分别从25.1%跌至15.1%，今年上半年进一步下滑 为12.5%。 营收重心调整，低毛利的大储业务"拖后腿" 果下科技的单一生产基地位于江苏无锡。截至今年上半年末，公司储能系统的年产能为907.8 MWh。上 半年产能利用率为116.7%。 公司九成以上的收入来源于储能系统，而就在过去数年间，果下科技的 ...

Core Insights - The article discusses the open-sourcing of the AutoGLM AI Agent model by Zhipu, which is set to be released in October 2024 and is considered the world's first AI agent capable of "Phone Use" [1] - AutoGLM can perform complex operations such as food ordering and flight booking, involving dozens of steps, and has been upgraded to version 2.0 as of August 20 this year [1] Group 1 - The open-sourcing of AutoGLM allows hardware manufacturers, mobile phone companies, and developers to replicate an AI assistant that can "understand" screens and simulate human actions like clicking, inputting, and sliding [1] - AutoGLM currently supports over 50 high-frequency Chinese applications, including WeChat, Taobao, Douyin, and Meituan, showcasing its automation capabilities similar to the previously discussed "Doubao AI mobile assistant" [1] - Zhipu claims that the open-sourcing will significantly lower the technical barriers for AI phones, promoting an open and collaborative AI phone ecosystem [1] Group 2 - The project supports both local and cloud deployment, ensuring that data and privacy control remain in the hands of the users [1]

当第一缕阳光穿透金沙江峡谷的晨雾，四川凉山彝族自治州金阳县的椒农已经踏上山路。随着一颗颗饱满的青花椒被椒农采摘，这些来自大山深处的"绿色 黄金"，通过半天妖烤鱼的千店网络，不但将诱人的味道传递给食客，还铺就了串联农户增收与企业发展的共富产业链。 通过严选优质食材、构建全链品控体系、推动产业升级，半天妖不仅筑牢了以品质为核心的"护城河"，更以现代化、科学化的管理方式，助力特色农产品走 出深山，为乡村振兴注入持久动能。近年来，以半天妖为代表的越来越多的餐饮企业，正通过深耕特色食材，构筑核心竞争力。特色食材的溯源、品控与创 新，正成为餐饮企业构建差异化优势、打通产业链的关键路径。 金阳县被称作"中国青花椒第一县"。这里以海拔千米的独特地理条件，孕育出顶级青花椒。半天妖合作供应商负责人田运华介绍，在这里，昼夜温差达15℃ 以上，年均日照超2000小时的红矿质土壤，为花椒生长提供了天然"养分库"。其颗粒硕大、色泽鲜绿、麻味纯正、清香浓郁，被业内誉为"青花椒中的爱马 仕"。 用半天妖采购负责人刘阳贵的话来说，就是半天妖为了找到这颗青花椒"差点跑遍中国"，"我们曾对比了重庆江津、陕西韩城等多个产区，最终发现，四川 金阳的青 ...

Core Viewpoint - Vanke's bonds experienced a significant price rebound, with some bonds triggering temporary suspensions due to sharp increases, primarily driven by the upcoming extension proposal for the "22 Vanke MTN004" medium-term notes and the proposed credit enhancement measures [1][2][7] Group 1: Bond Market Reaction - Multiple Vanke bonds saw substantial price increases, with "21 Vanke 02" up 23.42%, "21 Vanke 04" up 33.71%, and "22 Vanke 04" up 20.27% by the close on December 8 [3][4] - The bond market's strong performance contrasted sharply with Vanke's A-shares, which showed a slight decline, closing at 4.91 yuan per share, down 0.81% [6] - The surge in bond prices was attributed to a risk mitigation plan formed after negotiations with creditors, particularly the inclusion of state-owned enterprise credit enhancement, which helped restore market confidence [6][15] Group 2: Extension Proposal Details - The extension proposal for "22 Vanke MTN004" includes a 12-month extension of principal repayment to December 15, 2026, with interest payments also deferred to the same date [9][11] - Additional credit enhancement measures are proposed, including guarantees from Shenzhen state-owned enterprises, to support the bondholders [9][10] Group 3: Market Sentiment and Future Outlook - Despite the temporary relief provided by the extension proposal, concerns about Vanke's long-term debt situation remain, as the company has terminated its credit ratings with major agencies, leading to increased uncertainty in the market [18][21] - Analysts suggest that while the bond market's recent upturn may be short-lived, the underlying debt repayment pressures for Vanke are still significant, with a potential impact on future cash flows and sales performance [15][16][21]

图/IC 12月8日，中共中央政治局召开会议，分析研究了2026年经济工作。 其中，针对宏观政策围绕"稳中求进、提质增效"总基调，既延续了政策的连续性，又凸显了宏观治理的稳健性与针对性。 根据会议，明年经济工作要坚持稳中求进、提质增效，继续实施更加积极的财政政策和适度宽松的货币政策，发挥存量政策和增量政策集成效应，加大逆周 期和跨周期调节力度，切实提升宏观经济治理效能。 在业内看来，这明确了政策托底经济的导向，符合市场对政策稳增长的预期。"双松"的宏观政策组合拳已经实施一年，越来越多的政策纷纷落地。会议有何 新提法？增量政策方向何在？哪些关键领域将发力？此次政治局会议为明年经济工作方向，释放了重要信号。 G th F ( 2017 L the first a a a 000 04.73 4 2 0 1 关键词："双松"政策 既确保总量发力，又锚定结构优化 本次政治局会议明确了未来宏观政策的方向，依旧延续"更加积极的财政政策"和"适度宽松的货币政策"。 货币政策在去年政治局会议上重新回归"适度宽松"，至今已有一年时间。彼时，业内人士普遍认为，这将可以更大程度上配合好更加积极的财政政策，实 施"双松"组合，进一步 ...

Core Viewpoint - The "Good House" concept is not only a core carrier of people's livelihood but also a strategic measure for constructing a new model of real estate development, emphasizing the importance of quality housing for a better life [1]. Group 1: Event Overview - The "Good House High-Quality Development Technology Exchange Conference" was held on December 5 in Beijing, organized by the China Academy of Building Research [2]. - At the conference, the "365 Good House System" was officially released by the Deputy Secretary and General Manager of the China Academy of Building Research, Fan Jinlong [4]. Group 2: 365 Good House System - The "365 Good House System" is based on national requirements, industry demands, and public needs, focusing on the in-depth exploration of the connotation and extension of "Good House" [5]. - The system is structured around "3 Uses, 6 Advantages, and 5 Supports," aiming to enhance the living quality of the people [5][8]. Group 3: Core Values and Goals - The "3 Uses" include "safe and durable, comfortable and practical, and economically applicable," addressing key concerns of the public regarding housing safety, living experience, and resource conservation [8]. - The "6 Advantages" are derived from extensive research and data, aiming for improvements in layout, decoration, quality, environment, cost, and service to enhance overall residential quality [8]. - The "5 Supports" framework includes standard systems, safety resilience systems, health comfort systems, green smart systems, and maintenance systems, ensuring high quality throughout the entire lifecycle of housing [8]. Group 4: Industry Collaboration and Innovation - The "365 Good House System" is seen as an open and shared achievement, aiming to accelerate the construction of a collaborative innovation pattern across the entire industry chain [9]. - The China Academy of Building Research plans to collaborate with various stakeholders to promote the "365 Good House System," focusing on technical standards and innovation to transform housing from "having a place to live" to "having a quality living environment" [12].

Core Viewpoint - The personnel changes and organizational restructuring at Country Garden Services reflect a strategic adjustment during a deep transformation period in the industry, emphasizing the need for innovation in organization and mechanisms to foster future growth while maintaining service quality [2][12]. Group 1: Personnel Changes - Huang Peng has resigned as Chief Financial Officer (CFO) to focus on managing the group's incubation business while continuing as the Executive President [3][4]. - Tian Tian has been appointed as the new CFO, bringing extensive financial management and capital operation experience from various industries [5]. Group 2: Organizational Restructuring - The organizational structure has been significantly adjusted, consolidating into two core segments: "Large Property Segment" and "Incubation Business Segment" [6][8]. - The "Large Property Segment" will focus on value creation, efficiency improvement, and streamlined governance, integrating basic property management, new business growth, and functional services [8][11]. Group 3: Strategic Focus - The basic property service business will enhance customer satisfaction and operational efficiency through systematic construction, including a tiered service system and digital operations [9]. - The new business growth segment aims to leverage the reputation of basic property services to explore high-value diversified businesses through innovative business models and market capabilities [10]. - The "Incubation Business Segment" will empower existing independent businesses and focus on researching and incubating potential innovative businesses to explore new growth points for the group [11]. Group 4: Industry Context - The adjustments are seen as a proactive strategic upgrade in response to the national "Property Service Quality Improvement Action," emphasizing the importance of solidifying service foundations while allowing space for high-value innovative business incubation [12]. - The property management industry in China is transitioning from a phase of scale expansion to a high-quality development stage, necessitating the exploration of new growth points while solidifying basic services [12].

格奥尔基耶娃祝贺上海中心正式开业，表示上海中心将作为重要枢纽，推动新兴市场和中等收入国家相 关政策领域的研究工作，深化基金组织与区域内成员国、区域性机构、以及其他利益攸关方的对话与交 流。 新京报贝壳财经讯 12月8日，国际货币基金组织上海中心正式开业。国际货币基金组织总裁克里斯塔利 娜·格奥尔基耶娃、中国人民银行行长潘功胜、上海市市长龚正出席开业仪式。中国人民银行副行长宣 昌能参加相关活动。 上海中心是国际货币基金组织在全球设立的区域中心之一，旨在加强国际货币基金组织与亚太地区经济 体的交流与合作，就新兴市场和中等收入国家关注领域开展相关研究，为区域内经济体提供有针对性的 能力建设支持，维护全球和区域金融稳定。 潘功胜指出，习近平主席今年9月提出全球治理倡议，呼吁汇聚团结力量，践行多边主义，注重行动导 向，推动构建更加公正合理的全球治理体系。基金组织上海中心的开业运营，充分体现了中国与基金组 织倡导合作共赢的坚定立场，对于深化基金组织与中国的合作，促进亚太区域国家间的宏观经济政策交 流和协调，维护全球和区域金融稳定、完善全球金融治理具有重要意义。人民银行将继续与上海市和基 金组织一道，全力支持上海中心的建设 ...