致力于将换电模式（站）打造成为电动汽车时代的加"油"站。 本文为IPO早知道原创 作者｜ Stone Jin 微信公众号｜ipozaozhidao 事实上，奥动及其全资子公司上海电巴新能源科技有限公司是换电行业深耕24裁的老兵，先后为北 京奥运会、上海世博会、广州亚运会提供电动汽车快换补能解决方案，是换电模式的开创者和引领 者。 根据灼识咨询的资料，按2024年换电站运营服务产生的收入计算，奥动是中国最大的独立第三方换 电解决方案提供商，并已获得"全球最快20秒换电速度"、"全球首张电动汽车换电系统CE证 书"及"全球最大寒区电动汽车换电补能网络"等多个里程碑成绩。 具体来讲：之于电动出租车而言，其具备高频率使用、高强度使用和低补能价格等特点，天然需要快 速、安全、便捷且有价格竞争力的补能方案。截至目前，奥动已进入北京、上海、重庆、武汉、长春 等十六座城市，已经铺设521座换电站形成网络，已经管理和流转160000块电池，已经高效换电1 亿多次，为13万台电动出租车提供40多亿千瓦时的能源。 之于电动重卡而言，由于物流运输对时效性的高要求，以及对成本的高敏感度，相较充电，换电模式 将成为电动重卡快速补能的唯一 ...

对此，摩尔线程相关负责人明确表示：" 公司前期明确披露了募集资金的项目计划，所募75亿资金 有分阶段、明确的研发、技术升级等一系列使用安排，也将严格按照既定募投项目计划的推进。 项 目实施周期为三年，资金支出将根据项目进度分阶段拨付。因为项目是分阶段投入，现阶段为提升募 集资金使用效率，在确保募投项目顺利实施、不影响原有资金安排、且保障募集资金安全的前提下， 当前公司拟对部分尚未暂时闲置的募集资金进行现金管理，以合理提高资金收益，符合公司及全体股 东的利益。" 同时，该负责人还表示 ，本次审议的 75 亿元为现金管理额度上限，并非实际现金管理金额。实际 现金管理金额将明显小于上限 ，而且后续随着募投项目逐步推进，以及置换前期自有资金投入募投 项目的金额，闲置资金规模将相应减少，现金管理额度也会随之动态下降。 该负责人强调， 公司将持续加大研发投入，以加速产品快速迭代、攻坚核心技术壁垒，并构建自主 可控的技术与产品体系 ，绝不会因现金管理影响募投项目的正常实施和公司主营业务的正常发展。 将持续加大研发投入，以加速产品快速迭代、攻坚核心技术壁垒，并构建自主可控的技术 与产品体系。 本文为IPO早知道原创 作者｜ ...

继眉间纹后又一适应症取得关键进展。 本文为IPO早知道原创 作者｜罗宾 微信公众号｜ipozaozhidao 据 IPO 早知道消息， 12 月 11 日，君合盟生物制药（杭州）有限公司 （ 下称 "君合盟生物" ） 宣布，其自主研发并由其全资子公司君合盟生物制药（通化）有限公司生产和申请的注射用重组 A 型肉毒毒素用于治疗成人脑卒中后上肢痉挛取得关键进展，其临床 III 期试验获国家 药监局 批准。 该 III 期 临床试验由复旦大学附属华山医院李放教授和上海市养志康复医院（即上海市阳光康复中 心）靳令经教授联合牵头，已正式启动，并完成重组 A 型肉毒毒素治疗该适应症临床 III 期试验全 球首例患者入组，为该治疗领域的发展带来新的突破。 本文由公众号IPO早知道（ID：ipozaozhidao）原创撰写，如需转载请联系C叔↓↓↓ 此前，注射用重组 A 型肉毒毒素用于成人中、重度眉间纹适应症的 III 期临床试验已在北京大学第 一医院正式启动并完成首例入组。 君合盟生物是一家专注合成生物学技术的创新型企业，致力于推进创新重组蛋白药物在内分泌、神经 治疗和新一代生物医用材料等方面的应用，旨在为全球患者提供突破 ...

聚力共赢，稳健增长。 本文为IPO早知道原创 作者｜ Stone Jin 微信公众号｜ipozaozhidao 据IPO早知道消息，以"聚力共赢 稳健增长"为主题的2025 Swisse斯维诗合作伙伴大会日前在广州 召开。值得注意的是，2025年是Swisse斯维诗正式进入中国市场的十周年。 从"澳洲口碑品牌"到"全球健康引领者"，Swisse斯维诗在机遇面前乘风而起，见证并参与了中国健 康产业的蓬勃发展与消费升级，夯实了其在国内营养健康行业的领航增长地位，并以中国市场为原点 驶向了更广阔的星辰大海。 十年淬炼两度飞跃 从澳洲品牌到全球健康引领者 作为源自澳洲、拥有55年历史的自然营养品牌，Swisse斯维诗自2015年正式加入健合集团起，就 开启了与中国健康产业共生共长的十年征程。在本土化运营的十年间，Swisse斯维诗保持对中国健 康消费动向的敏锐洞察，以自然健康的品牌定位贴近中国消费者，传递"运动、营养、正念"的理 念；更在健合集团Premium（高端优质）、Proven（科学验证）、Aspirational（令人向往，追求 卓越）、Engaging（参与互动）PPAE经营模式的指导下，不断提升品牌核心 ...

Core Insights - WeRide and Uber have launched Robotaxi services in Dubai, marking a significant step in the deployment of autonomous vehicles in the region [4][5] - The partnership aims to expand operations in the Middle East, with plans to deploy thousands of Robotaxis in the coming years [3][5] Summary by Sections Partnership and Launch - WeRide and Uber officially announced the launch of Robotaxi services in Dubai on December 12, 2023, in collaboration with the Dubai Roads and Transport Authority (RTA) [4] - The service is available through the Uber App, initially covering popular tourist areas such as Umm Suqeim and Jumeirah [4] Operational Details - The current phase includes vehicles equipped with safety drivers to ensure passenger safety and experience, paving the way for fully autonomous operations by early 2026 [5] - WeRide's CFO highlighted the company's proven autonomous driving technology and rapid expansion plans, aiming to deploy tens of thousands of Robotaxis by 2030 [5] Strategic Goals - Uber's global head of autonomous driving expressed excitement about the rapid advancement of autonomous driving in the UAE and the commitment to support the country's vision for future mobility [5] - The launch of Robotaxi services in Dubai reinforces the UAE's leading position in the autonomous driving sector and demonstrates the commitment of both WeRide and Uber to drive innovation globally [5]

Core Viewpoint - Wanda Film has made a strategic investment in Guangzhou Fangtu Technology Co., Ltd.'s interactive entertainment brand "Pailifang," aiming to explore and define a new consumption scenario of "image social new life," marking a deepening of its "super entertainment space" strategy [3][4]. Group 1: Strategic Investment and Market Position - The investment signifies Wanda Film's commitment to enhancing the entertainment experience by creating "portable joyful experiences" for audiences, moving beyond traditional movie viewing [3][4]. - The current consumer market is shifting from functional satisfaction to emotional value pursuit, particularly among Generation Z and younger consumers, with over 90% of "post-00s" showing a strong willingness to pay for experiences [4][5]. - Pailifang has established itself as a leader in the self-service imaging sector, with operations covering over 160 core cities and more than 1,000 devices deployed, serving over 10 million users since its launch in June 2020 [4][5]. Group 2: Competitive Advantages and Technological Edge - Pailifang holds the largest market share in the domestic equipment market and has built solid competitive barriers, including exclusive strategic partnerships with top international IPs and a comprehensive technology system with over 100 national patents [5][6]. - The company's AI image processing technology allows for real-time beautification and lighting optimization, ensuring high-quality imaging for users [5][6]. Group 3: Future Plans and Market Expansion - Pailifang is set to install its devices in Wanda Cinemas nationwide before the 2026 Spring Festival, integrating resources such as movie genes, celebrity artists, and trendy IPs [6][8]. - The initial deployment in Shanghai has already covered key transportation hubs, with expectations of daily exposure reaching millions, and future plans include expanding into first and second-tier city commercial centers and overseas markets [6][8]. - Wanda Film aims to create a new entertainment ecosystem by linking IP, technology, and consumption, enhancing its appeal to younger consumers and solidifying its industry leadership [8].

作为近年来在美国快速崛起的高端电动越野摩托车品牌，Rawrr以"高性能、轻量化、好玩"的产品定 位深受越野玩家、户外爱好者及年轻消费群体的喜爱，被视为美国最具成长潜力的电动越野品牌之 一。 康迪科技CEO陈峰表示："Rawrr 的加入，使康迪科技的用户结构显著扩容，进一步覆盖年轻化、社 交化、体验驱动型的消费新群体，为公司在北美市场带来更加多元的用户基础与品牌活力。" 此次收购将与康迪科技现有北美业务形成显著协同。Rawrr的电动越野摩托车将补强公司在非公路车 辆（如高尔夫跨界车、UTV等）的产品版图，形成覆盖社区代步、户外越野、休闲娱乐等多场景的 低碳出行解决方案。 Rawrr CEO Justin 表示："我们长期深耕美国市场，对本地用户需求和文化有深刻洞察。加入康迪 科技后，我们将以更强的资源、更完善的体系，为用户带来更卓越的产品与骑行体验。" 在渠道方面，Rawrr将受益于康迪科技在北美成熟的商超零售网络，从而有效降低市场推广和渠道建 设成本；同时，Rawrr在美国已建立的在线直销与数字化营销能力，也将助力康迪科技提升数字运营 效率及品牌影响力；其近 300 家经销商网络将与康迪科技现有商超体系形成优 ...

行业首家突破2万店的企业。 本文为IPO早知道原创 作者｜ Stone Jin 微信公众号｜ipozaozhidao 据IPO早知道消息，中国证监会国际合作司于12月11日披露了《关于湖南鸣鸣很忙商业连锁股份有 限公司境外发行上市及境内未上市股份"全流通"备案通知书》。 这意味着，鸣鸣很忙已获得港交所聆讯的前置条件。根据备案通知书，鸣鸣很忙拟发行不超过 76,666,400股境外上市普通股并在香港联合交易所上市，25名股东拟将所持合计198,079,551股 境内未上市股份转为境外上市股份，并在香港联合交易所上市流通。 作为中国最大的休闲食品饮料连锁零售商，鸣鸣很忙通过"零食很忙""赵一鸣零食"双品牌深度融 合，整合经营体系与统一组织架构，实现无缝协同与标准化运营，以集团化运营全面提升供应链与运 营效率。 今年上半年，鸣鸣很忙实现零售额（GMV）411亿元人民币，上半年收入281.2亿元人民币，经调整 净利润10.34亿元人民币，门店总数已达16783家，覆盖全国28个省份、1327个县和所有线级城 市，2024年休闲食品饮料产品零售额位居行业首位。2025年9月，据第三方权威机构弗若斯特沙利 文认证，鸣鸣很 ...

Core Viewpoint - Xidi Intelligent Driving operates in a market with significant development opportunities, highlighted by its upcoming IPO and strong growth in the autonomous driving sector [3][6]. Group 1: IPO Details - Xidi Intelligent Driving has initiated its IPO, which will run from today until the 16th, with plans to list on the Hong Kong Stock Exchange under the stock code "3881" on December 19, 2025 [3]. - The company plans to issue 5,407,980 H-shares at an offering price of 263 HKD per share, resulting in an IPO market capitalization exceeding 11.5 billion HKD [3]. - Key cornerstone investors include ICBC Credit Suisse, Lianfa Shares, and local state-owned enterprises, with total subscriptions exceeding 546 million HKD [3]. Group 2: Business Overview - Founded in 2017, Xidi Intelligent Driving focuses on developing autonomous trucks for mining and logistics, V2X technology, and intelligent perception solutions [4]. - As of June 30, 2025, the company has served 152 clients and has a backlog of orders valued at approximately 584 million CNY [4]. - Xidi has delivered 304 autonomous mining trucks and received indicative orders for 357 trucks and 290 autonomous truck systems [4]. Group 3: Market Position and Growth - Xidi ranks third in the autonomous mining truck solution market in China, with a market share of approximately 5.2% [5]. - The company has successfully expanded its operations overseas, with indicative orders valued at about 6.5 million CNY as of June 30, 2025 [5]. - Xidi's autonomous mining trucks have improved mining efficiency to 104% compared to manually operated trucks, supported by a strong R&D team [5]. Group 4: Financial Performance - Revenue for Xidi from 2022 to 2024 was 31 million CNY, 133 million CNY, and 410 million CNY, reflecting a compound annual growth rate of 263.1% [6]. - The gross margin has improved from -19.3% in 2022 to 24.7% in 2024, while adjusted net losses have narrowed over the same period [6]. - The global commercial vehicle intelligent driving market is projected to grow significantly, with China's market expected to reach 774.3 billion CNY by 2030 [6]. Group 5: Use of IPO Proceeds - Approximately 55% of the net proceeds from the IPO will be allocated to R&D, 15% to enhance commercialization capabilities, 20% for potential investments and acquisitions, and 10% for working capital and general corporate purposes [7].

开启中国智造全球化新叙事 上市前，京东工业共引入M&G、CPE Investment、晨曦投資管理、常春藤、剛睿、Schonfeld、 Burkehill七位基石投资者。不计绿鞋机制，按发售价14.10港元计算，基石投资者将认购的发售股 份总数为93,871,800股，约占总发售股份的44.4%及公司已发行股本总额的约3.5%。 作为京东集团旗下专注于工业供应链技术与服务业务的版块，京东工业致力于"通过技术让工业世界 实现极致的运营效率"，持续打磨"让数据多流动，让商品少跑动"实践能力，推动工业供应链全链路 的数智化变革。 据招股书，京东工业目前已成为中国MRO（维护、维修和运营物资）采购服务市场的最大参与者。 据灼识咨询，按2024年交易额计算，京东工业排名第一，规模为第二名的近3倍。按2024年的交易 额计，其已成为中国工业供应链技术与服务市场最大的服务提供商，市场份额达4.1%。 从一个京东集团的业务部走向一家上市公司，京东工业的成长为中国工业转型升级之路落下一支精准 注脚。 根据灼识咨询的资料，中国工业供应链市场的数字化渗透率2024年仅为6.2%，预计到2029年达到 8.2%，并将带动工业供应链技 ...