以下文章来源于闲时花开 ，作者刘娜 宗庆后"私生子事件"曝光后，他的结发妻子、宗馥莉的妈妈施幼珍古早的一段采访，在互联网上 广为流传。 这段采访，也是素来低调的施幼珍唯一露脸的公开视频。 采访中，眉眼含笑的施幼珍意味深长地说： ·"他（宗庆后）已经不是我们家的某个成员，而是属于娃哈哈。" ·"他是老大，父母也不把他当回事，他们家人也不太关注他，他得到的关爱很少，我总是觉得他 蛮可怜的，我应该照顾他，我要给他多一些关爱。" 闲时花开 . 情感作家娜姐和她的朋友们。 作者： 刘娜 来源： 闲时花开 ·"这十几二十几年来，我们也多有争执，但我只要一想到他这一点儿，就心软了。" ·"不管今后他变成什么样，我对他这一点不会变，我蛮可怜他的。" ---------------------------------- 这段采访视频，是当年电视台编导跑到施幼珍家里拍摄的。 随后采访宗庆后时，主持人拿出来给宗庆后看。 宗庆后看到后，双目含泪，不能自已，潸然泪下。 这个夏天，私生子事件曝光后，很多人用"贤妻扶我凌云志，我还贤妻私生子"，来为施幼珍意难 平。 我和很多人的观点恰恰相反。 我从上述采访视频里，看出了宗庆后和施幼珍关系的 ...

Group 1 - BYD achieved the highest sales in June and the first half of 2025, with total sales of 383,000 units in June and 2.146 million units in the first half, making it the only company to exceed 2 million units [1][3] - The Dynasty and Ocean series contributed significantly to BYD's success, selling 1.972 million units, securing the top brand sales position [3] - BYD's technological advancements include over 1 million vehicles equipped with the "Heavenly Eye" intelligent driving system, and the popularity of the Super e-platform, with models like Han L and Tang L consistently selling over 10,000 units per month [6] Group 2 - The high-end brands of BYD, including Fangchengbao, Tengshi, and Yangwang, sold a total of 142,000 units in the first half, marking a year-on-year growth of over 69% [6] - The overseas market showed remarkable growth, with sales reaching 472,000 units in the first half, a 132% increase compared to the previous year, surpassing total sales from the previous year [6] - BYD's commercial vehicle segment also performed well, exporting 2,082 new energy buses, a 45% increase year-on-year, capturing a market share of 27.29% [6]

Core Viewpoint - Fan Beauty Diary (FBD), founded by actress Fan Bingbing, has emerged as a significant player in the beauty industry, achieving a revenue of 1.45 billion yuan in 2024, ranking 35th in the top 100 Chinese beauty brands despite being a relatively new entrant [2][9]. Group 1: Brand Development - FBD was established in 2018, initially targeting the high-end beauty device market with a radio frequency beauty device priced at 2399 yuan, which sold out quickly [4]. - The brand pivoted to the face mask segment after initial struggles, with the "Sea Grape Hydrating Mask" selling 1.2 million pieces in its first month [5][20]. - FBD has developed a product matrix covering nine categories, with a significant online following across platforms like Tmall, Xiaohongshu, and Douyin [8]. Group 2: Growth Drivers - The brand's growth is driven by three main factors: 1. Star IP leverage, with Fan Bingbing actively participating in brand operations and marketing, enhancing her influence as a beauty blogger [11][18]. 2. A focus on blockbuster products, with face masks accounting for 68% of total revenue, and the pricing strategy that exceeds mainstream brands [20][22]. 3. Channel advantages, particularly leveraging Douyin for sales, with Tmall contributing nearly 50% of revenue and Douyin expected to exceed 400 million yuan in sales in 2024 [23]. Group 3: Challenges and Risks - FBD faces significant challenges, including: 1. Over-reliance on a single product category (face masks), with other categories like beauty devices and cosmetics not achieving similar success [26]. 2. A lack of core technology patents, with the company primarily holding design patents, indicating a potential weakness in R&D capabilities [27]. 3. Dependency on Fan Bingbing's personal brand, which poses risks if her public image is compromised [28]. Group 4: Future Directions - FBD is expanding into Southeast Asia, entering platforms like Lazada and TikTok, with strategic moves to tap into markets where skincare awareness is high [31]. - However, initial overseas performance has been underwhelming, highlighting the challenges of adapting the domestic success model to international markets [33]. - The beauty industry is facing a slowdown, with growth rates declining, which could impact FBD's future strategies and necessitate a shift from relying on celebrity influence to building a sustainable brand [34].

以下文章来源于邱处机 ，作者邱鑫浩 邱处机 . 专门研究商业牛人 ---------------------------------- 作者： 邱处机 来源： 邱处机 在中国商界，接班从来不是简单的权力交接，而是一场关乎企业生死存亡的战争。 2024 年 2 月， 79 岁的 " 饮料大王 " 宗庆后因病去世，留下价值数百亿的娃哈哈帝国和一场蓄 势待发的继承风暴。 17 个月后，这场风暴终于爆发—— 三位自称宗馥莉 " 同父异母弟妹 " 的神秘人物在香港法庭提 起诉讼，要求冻结 18 亿美元信托资产，并追讨父亲承诺的 21 亿美元权益。 这场诉讼撕开了娃哈哈家族不为人知的一面，也将宗馥莉这位 " 铁血女掌门 " 的雷霆手段暴露在 公众视野。 从董事会大换血到 18 家工厂关停，从商标转移至个人控股公司到 " 宏胜系 " 势力扩张，宗馥莉 正在用一套组合拳重塑娃哈哈版图。 而这一切都发生在 " 弟妹 " 浮出水面的微妙时刻。 01 雷 霆上位 宗馥莉的接班之路从来就不平坦。 2024 年 7 月 15 日，就在父亲去世不到五个月，一封署名宗馥莉的辞职信突然在网上流传，信 中直指 " 杭州市上城区人民政府及杭州娃 ...

云翼 F2000 垂直起降固定翼 ：作为轻量化作业的代表，其 2.3kg 的最大载重与垂直起降特 性，让设备具备极强的便携性。搭载的单光相机与激光雷达，可实现桥梁裂缝毫米级检测、地下 管线三维建模等高精度任务，在智慧城市建设中展现出 "小而精" 的独特优势。雄风技术工程师 专门进行了实时操作演示，通过设备传回的高清画面，直观展现其在目标追踪、精细拍摄等方面 的精准性能。作为智慧城市建设的 "轻骑兵"，该机型此前已在桥梁裂缝检测、地下管线建模等场 景中完成毫米级精度任务，其灵活部署与高效作业能力获得一致认可。 继重庆市荣昌区政协领导调研指导后，近日，中共重庆市荣昌区委常委副区长程建林；重庆市荣 昌区经济信息委副主任钟远芳；重庆市荣昌区经济信息委产业办负责人唐怀勇；西部智联投资总 监陈丹等一行再次莅临雄风科技，通过深入参观考察、坦诚交流座谈，进一步夯实政企协同基 础，围绕低空经济领域合作落地展开深度探讨，为推动双方共赢发展新质生产力注入新动能。 展厅聚焦：核心产品彰显技术硬实力 HE XIN CHAN PIN 考察团一行首先来到雄风无人机产品展厅，这里陈列的系列产品是雄风科技深耕低空经济领域的 "实力名片"，各部 ...

Core Viewpoint - The article discusses the emergence of a new generation of live-streaming hosts, particularly those born after 2000, who are reshaping the live commerce landscape with a focus on authenticity and consumer engagement, contrasting sharply with traditional hosts who often rely on scripted pitches and superficial engagement [3][41]. Group 1: Live Commerce Performance - A recent live-streaming session by hosts Li Dia and Fu Tiehan generated a GMV of over 22 million yuan (approximately 3.4 million USD) in 13 hours, showcasing the potential of new hosts in driving significant sales [3][6][24]. - During the session, 8 brands exceeded 1 million yuan in sales, indicating a diverse range of products from both international and emerging domestic brands [3][6]. Group 2: Unique Selling Approach - Li Dia's "retreat-style" selling approach, which emphasizes transparency by discussing both the pros and cons of products, has resonated with consumers, leading to high levels of trust and satisfaction [3][20][22]. - This method contrasts with traditional hosts who often avoid mentioning product flaws, creating a "partial reality" that younger consumers are increasingly skeptical of [14][15]. Group 3: Engagement and Interaction - The "human touch" in live commerce, characterized by genuine interaction and relatable content, is a key feature of the new generation of hosts, allowing them to leverage smaller follower counts for substantial sales [9][10][12]. - Li Dia's live-streaming sessions have seen an average viewer retention time of 11 minutes and 52 seconds, significantly higher than the industry average, indicating strong viewer engagement [30]. Group 4: Breaking Through Market Barriers - The new generation of hosts is capable of attracting a significant number of "new users" or "bystanders," with only 30% of Li Dia's live-streaming sales coming from existing followers, highlighting their ability to penetrate new market segments [25][26]. - This ability to reach beyond their established fan base is particularly valuable for brands seeking to expand their audience and drive sales [27][32]. Group 5: Long-term Brand Value - Collaborating with these younger hosts allows brands to communicate effectively with younger consumers, leveraging the hosts' relatability and authenticity to foster brand loyalty [34][35]. - The shift from price-driven sales to a focus on quality, personalization, and emotional value reflects changing consumer preferences, with younger hosts successfully tapping into these demands [41][42].

Core Viewpoint - The article discusses the internal conflicts within Sinovac Biotech, highlighting the company's significant financial performance and the ongoing power struggle among its shareholders and board members [5][18][21]. Group 1: Company Overview - Sinovac Biotech, known for its COVID-19 vaccine, has reported revenues exceeding 130 billion yuan and a net profit of over 96 billion yuan from 2021 to 2022, resulting in a net profit margin of approximately 73.8% [11][16]. - The company has been suspended from trading for six years due to internal disputes, indicating ongoing governance issues [21]. Group 2: Shareholder Conflict - A recent shareholder meeting in Antigua and Barbuda involved a proposal to remove current board members and elect new candidates nominated by SAIF Partners, reflecting deep divisions among shareholders [18][22]. - The company announced a massive special dividend payment of up to 7.5 billion USD, leaving it with 2.8 billion USD in cash after the distribution [22][23]. Group 3: Historical Context - The founder, Weidong Yin, has a background in public health and has been pivotal in the company's development since its establishment in 2001 [42][62]. - Sinovac's history includes rapid advancements in vaccine development, notably during the SARS outbreak, which laid the groundwork for its later success with COVID-19 vaccines [60][61].

Core Viewpoint - The article discusses the growing quality issues surrounding the brand Arc'teryx, which was once celebrated for its high-end outdoor gear but is now facing significant consumer backlash due to product defects and poor customer service experiences [2][15][30]. Group 1: Quality Issues - Consumers have reported various quality problems with Arc'teryx products, including items that have frayed or pilled after minimal use, leading to dissatisfaction with the brand's reputation for high-quality materials and craftsmanship [6][15][19]. - The brand's customer service has been criticized, with some customers receiving inadequate responses regarding their quality complaints, further eroding trust in the brand [8][9][15]. Group 2: Market Position and Sales Performance - Arc'teryx has become a trendy symbol among the middle class, often referred to as part of the "middle-class three-piece set," alongside brands like Lululemon and Salomon [4][28]. - The brand's sales have seen significant growth, with revenue exceeding $2 billion in the previous year, reflecting a 36% year-on-year increase in its outdoor functional clothing segment [25][29]. - The company has successfully positioned itself in the high-end market, with flagship stores designed to enhance its luxury image, but this has also led to a shift in consumer perception from outdoor utility to fashion statement [27][28]. Group 3: Consumer Sentiment and Brand Trust - There is a rising sentiment against Arc'teryx on social media, with some consumers expressing their decision to stop purchasing the brand due to quality concerns [16][23]. - The brand's previous reputation for quality and service is being challenged, and it is crucial for Arc'teryx to address these issues to regain consumer trust and maintain its market position [30].

最重要的，是每周搞实盘挑战打榜，打得怎么样，赚还是亏，全摆上台面，不像那种只讲故事从来不 复盘的键盘选手，你不懂节奏的，可以看看他怎么卡点，你盯不住龙头的，可以学他怎么定方向，你 老是追涨杀跌的，更应该看看他怎么提前埋伏。 这年头，能讲明白，又真能上手干的太少了，板神是我少数愿意推荐的那种， 会做、会说、不吹 牛，有章法 的真选手，可以说是我同门的师兄，一位资深老交易员，整个圈子就他吃得最稳，下面 是他实盘比赛的公众号，大家可以关注一下，说不定有机会可以参战。 别说我没提醒，能不能吃到这一波行情，就看你跟不跟得上节奏了，一句话总结他的风格：人狠，活 真，节奏清楚，能干就干，不能干早点走， 如果你真想学点有用的，不想再天天被忽悠上山，那我 劝你看看他写的东西。 最重要的是每周都有实盘比赛！！！经常混迹在龙虎榜的人物！！！ ---------------------------------- 据港媒消息，最大饮料帝国之一的哇哈哈正在上演一场20亿美元的财富之争， 宗馥莉不是唯一继承 人，竟然还有三个同父异母的兄妹 ，艺术来源于生活呀！ 这两天行情又是在情绪洗盘，很多兄弟问我： 到底还能不能玩，哪个方向最有肉？ 我 ...

Core Viewpoint - Microsoft is facing significant challenges with its Windows operating system, leading to a substantial user loss and a shift towards AI investments, while a new competitor, HarmonyOS, is emerging in the market [2][3][20]. Group 1: Microsoft and Windows Challenges - Windows has lost 400 million users over the past three years, representing a decline of over 30% [3]. - The operating system has been criticized for various issues, including a chaotic interface, high memory usage, and forced updates that can lead to system failures [2][3]. - Microsoft is undergoing massive layoffs, with approximately 9,000 employees affected, marking its largest round of layoffs in recent months [9][10]. Group 2: AI Investment and Workforce Changes - Microsoft plans to invest $80 billion in AI infrastructure by the 2025 fiscal year, with 20% to 30% of its code now generated by AI [14][12]. - The company is restructuring its workforce to align with AI advancements, indicating a shift in human resource needs due to AI's impact on job functions [12][13]. - Other tech giants like Google, Meta, and Amazon are also reducing their workforce while focusing on AI, with a cumulative layoff of over 100,000 employees in the past two years [18][19]. Group 3: Emergence of HarmonyOS - HarmonyOS, developed by Huawei, is gaining traction as a new operating system, having surpassed 1 billion users across smartphones and IoT devices [22]. - The system has evolved to no longer rely on Unix or Linux, marking a significant shift in its architecture [22]. - HarmonyOS is seen as a potential disruptor in the PC market, with its recent launch of Harmony computers aiming to redefine personal computing [25][26]. Group 4: Market Dynamics and Future Outlook - Windows' market share in the PC sector has fallen below 90%, with a notable decline in active devices running the OS [20]. - The rise of HarmonyOS and other competitors poses a significant threat to Microsoft's dominance in the operating system market [20][26]. - The ongoing evolution of HarmonyOS reflects a broader trend of domestic operating systems gaining independence and strength in the tech landscape [26].