2026年的餐饮圈，被西贝的闭店消息染得有些沉重。 102家门店，接近总门店数的三成，在 3 0多个城市悄然退场。 创始人贾国龙在朋友圈的回应，却出乎意料地充满情绪。 他说自己 "遭到铺天盖地污蔑 125天"，字里行间是蒙古汉子的倔劲，却少了几分面对困境时应有的冷静与反思。 这场风波发酵至今，贾国龙似乎仍未真正厘清，压垮西贝的，从来不是所谓的 "网络污蔑"，而是藏在情绪对抗背后的认知偏差，是经营逻辑与消费需 求的错位。 01 把吐槽当攻击，把消费者当对手 贾国龙的第一重认知偏差，始于对公关的误解，最终落脚于对消费者关系的错位定位。 风波发酵后，贾国龙在长文中反复强调自己 "不懂公关"，甚至把公关等同于"诡辩"，甚至把公关和做好产品看作是对立，坚持认为"真实、真诚、真 性情就是最好的公关"。 这句话的核心诉求并非否定预制菜本身，而是传递 "价格与体验不匹配"的不满，花着现做餐饮的钱，却吃到了预制菜的口感，这种心理落差才是争议 的导火索。 彼时的西贝，本有多种稳妥选择。 或是保持沉默，用时间消解舆论热度；或是温和回应，坦诚说明预制菜的使用场景，承诺优化体验。 但贾国龙的反应，却把一次普通消费吐槽升级成了舆论对抗。 ...

1月16日，前湖南卫视主持人李湘的抖音、小红书等社交平台账号显示被禁止关注 ，引发全网热议 。 截至发稿， 所有平台均未发布正式公告，也未对具体违规原因做出解释。 据媒体报道，小红书客服表示，会记录相关情况，进行核实处理。抖音平台客服则称，无法查询他人账号被禁止关注的具体原因。微博提示消息显 示， "该用户因违反法律法规或《微博社区公约》被禁止关注"。 部分网友猜测，李湘疑似因为 "炫富"被禁止关注。 近期网络空间治理的明显趋势，相关部门加强对网络内容的监管，强调对 "炫富拜金"等不良价值 导向内容的整治。 李湘以往的社交媒体内容中，展示的奢侈品、高端 餐厅、海外 旅行等内容较为常见。 近年来，她也因此惹上不少争议，其女王诗龄在英国贵族学校 就读，晒出生活照中一个书包数万元，一件外套价格相当于普通人数月工资。李湘本人从主持人转型带货主播，却被网友质疑直播时只推销，并不真 正试吃试用。 截至被禁止关注，李湘 在抖音有 421万粉丝，在微博上有2456.2万粉丝，在小红书上有48.6万粉丝。 企查查显示，当前李湘相关企业总共有 20家，其中包括长沙利美互娱科技有限公司、常德市达晨创鸿私募股权投资企业（有限合伙）、 ...

Core Viewpoint - Wuhu Aiteke Automotive Electronics Co., Ltd. is preparing for its IPO on January 20, 2025, as a provider of automotive electronic intelligent solutions, focusing on R&D, production, and sales of automotive electronic products [1] Group 1: Company Overview - Aiteke specializes in automotive electronic products across four core functional domains: body domain, intelligent cockpit domain, power domain, and intelligent driving domain [1] - The company was accepted for its IPO application on June 20, 2025, and entered the inquiry phase on July 16, 2025 [2] Group 2: Ownership and Control - The actual controller of Aiteke is Chen Zejian, who holds 34.3617% of the shares. Chen, a Chinese national with Australian citizenship, became the controlling shareholder in 2020 after a series of shareholding changes [2] - The Shanghai Stock Exchange raised questions regarding the background and differences in positioning between Aiteke and its Australian counterpart, Atech Automotive Pty Ltd, particularly concerning the compliance of joint control [2] Group 3: Customer Dependency - Aiteke exhibits a high customer concentration, with sales to its top five customers accounting for 73.16%, 80.92%, and 84.38% of total revenue during the reporting period [4] - The largest customer is projected to contribute over 50% of Aiteke's revenue in 2024, with sales to this customer increasing from 27.60% in 2022 to 53.89% in 2024 [4] Group 4: Financial Performance and Risks - The company has faced increasing asset impairment losses due to the bankruptcy restructuring of major clients, with losses recorded as -23.99 million, -28.14 million, -34.74 million, and -16.44 million yuan, primarily from inventory write-downs [5] - The impairment losses for 2024 are expected to rise due to significant write-downs related to products for major clients [5] Group 5: R&D and Innovation - Aiteke has a high proportion of R&D personnel, with 874 out of 1,888 employees (46.29%), surpassing industry leaders [6][8] - Despite the high R&D personnel ratio, Aiteke has not filed for any new invention patents during the reporting period, raising concerns about its innovation capabilities in a technology-intensive sector [9]

千年之后，我们以武夷山水为纸，以岩茶工艺为墨，将这份"极致宠溺、倾心以待"的心意， 重新书写—— 不是荔枝，而是比荔枝更值得慢品的 「妃子笑」武夷红茶。 "一骑红尘妃子笑，无人知是荔枝来。" 杜牧笔下，唐明皇为博贵妃一笑，不惜千里疾驰的典故，成就了中国文化中最富浪漫色彩的意 象之一。 当千年诗词遇见百年茶韵，便是这一盒，值得慢品的人间风雅。 点击下图立即购买 ▼ 第一章 | 源起武夷，天赋岩韵 一杯好茶的根基，在于它的出身。 「岩皇夷品」四字背后，是三个深厚的承诺： 岩 ——源自武夷山丹霞地貌核心产区，茶树根植于风化岩壤，矿物质丰富，赋予茶叶独特 的"岩骨"之气。 皇 ——甄选清明至谷雨期间的头春鲜叶，只取枝头最鲜嫩的一芽一二叶，茶质饱满，内蕴丰 厚。 夷品 ——传承武夷红茶百年制茶技艺，由世代茶人手工精制，确保每一片茶叶都承载着正统 的血脉与灵魂。 这里的茶园常年云雾缭绕，漫射光充足，昼夜温差显著。 正是这得天独厚的"山场气"，孕育出了妃子笑红茶特有的复合型香气：既有熟果的甜醇，又 有似蜜似花的幽雅，还隐隐透着岩石般的清冽底蕴。 第二章 | 匠心工艺，雕琢风骨 从一片鲜叶到杯中金汤，需历经十余道工序的耐心守 ...

Core Viewpoint - The article highlights the remarkable surge in silver prices, which have increased significantly due to supply-demand imbalances, macroeconomic policies, and industrial demand, positioning silver as a key investment opportunity in the current market [2][8]. Supply and Demand Dynamics - The global silver market has faced a structural shortage, with a projected supply gap of 3,700 tons by 2025, marking a ten-year high. This shortage is exacerbated by the fact that approximately 70-72% of silver is produced as a byproduct of mining other metals, making it difficult to increase silver production in the short term [10][11]. - Major silver-producing countries are experiencing production declines due to various factors, including political instability in Peru and sanctions affecting Russia, while new mining projects in Australia are insufficient to offset declines from older mines [10][11]. Industrial Demand and Macroeconomic Factors - Industrial demand for silver has exploded, with over 60% of silver consumption now coming from industrial applications, particularly in the photovoltaic sector, which is expected to demand 0.61 million tons by 2025 [14]. - The macroeconomic environment, characterized by expectations of continued interest rate cuts by the Federal Reserve, has created a favorable backdrop for silver investments, driving down the holding costs of non-yielding assets like silver [15]. Market Sentiment and Investment Trends - The market has seen a significant influx of investment, with net physical investment in silver projected to reach approximately 6,400 tons by 2025. This surge in interest has led to a dramatic increase in silver prices, with a notable 3.56% rise in a single day [17]. - There is a stark divide among institutional forecasts regarding silver prices, with optimistic projections suggesting a target of $100 per ounce in the near term, while more conservative views highlight potential volatility and profit-taking among investors [18]. Conclusion - The current silver market is characterized by a combination of strong fundamental support from supply-demand dynamics and industrial growth, alongside speculative investment behavior. Investors are advised to approach the market with caution, considering both the potential for high returns and the inherent volatility associated with silver investments [19].

来源丨凤凰网《风暴眼》 李忆14日就听说贺娇龙的舅舅去乌鲁木齐接走了外甥女的遗体。当夜，他等来官方通报：贺娇龙在工作拍摄时意外坠马身亡，生命定格在47岁。 15日上午，他驱车赶回老家新疆昭苏县。进了县城，特意将车拐进一家酒店，酒店门口停着辆救护车，大厅里人群静默。这里是贺娇龙亲友处理后事暂住 的地方，大堂不允拍照，以免混乱。有人低声告诉他，贺娇龙将被安葬在她父亲的墓旁。 李忆认识的不少人，都在四处打听悼念贺娇龙的地址。一些卖水果和干果的农民，因为贺娇龙曾帮忙直播带货，特意开车几百公里过来。路上见面，互相 间交换着最新消息和路线。 在凤凰网《风暴眼》对话的多位贺娇龙朋友、同乡眼中，她"吃了太多苦，也太拼了"，尽管曾反复提及骑马宣传的危险，但她依然没有停下。 01 流量的重量 回乡途中，当李忆的车子穿过6公里长的天马大道时，他看到道路两旁是熟悉的广袤雪原，路边那些飞马腾空状的路灯，一匹接着一匹向后退去。 这次交集，让她们成为了朋友。晚心告诉凤凰网《风暴眼》，外人都特别羡慕贺娇龙，觉得她年纪轻轻就是干部，又漂亮又会骑马，有粉丝，活得光 鲜。"可我一点都不羡慕她，甚至觉得她的生活我连一天都过不了。" 每个人拥有的时间 ...

Core Viewpoint - The article discusses the legal dispute between Xunlei and its former CEO Chen Lei, focusing on allegations of corruption and asset misappropriation involving a company named "Xing Rong He" [1][2]. Group 1: Background of the Dispute - In 2020, Xunlei was struggling to transition from a download tool to cloud computing and blockchain, leading to internal conflicts between CEO Chen Lei and the board [2]. - Chen Lei was accused of asset transfer and misappropriation through "Xing Rong He," which allegedly involved fictitious transactions and false contracts, resulting in significant financial losses for Xunlei [2][3]. - During Chen Lei's tenure, Xunlei reported a net revenue of $1.86 million and a net loss of $1.384 million, with insiders claiming losses of up to 1 billion yuan [3]. Group 2: Allegations Against Chen Lei - The lawsuit targets Chen Lei and several former executives, accusing them of creating a shadow company, "Xing Rong He," to siphon funds from Xunlei's subsidiary, Wangxin Technology [5]. - "Xing Rong He" was established in 2018 and is alleged to have been used as a channel for fund transfers, with no legitimate business operations or oversight [5][9]. - Chen Lei reportedly arranged for Xunlei to pay approximately 200 million yuan to "Xing Rong He" during his tenure, with the approval process being bypassed [10]. Group 3: Legal Proceedings and Challenges - Xunlei filed a civil lawsuit after facing difficulties in pursuing criminal charges against Chen Lei, who is currently residing overseas, complicating the legal process [12][14]. - The civil lawsuit requires a solid evidence chain to prove the alleged infringement, but the whereabouts of the funds and Chen Lei remain unclear [13]. - Experts note that the cross-border nature of the case poses significant challenges for evidence collection and legal enforcement [14].

来源丨 凤凰网财经《银行财眼》 山东 省 最大的农商行 " 空降 " 一位 " 75 后"新掌门。 1 月 14 日， 青岛农商银行发布公告，提名 47 岁的梁衍波为执行董事候选人。 2025 年末 ，梁衍波已出任该行党委书记。按照 常规流程 ，在履行 完相关程序后，他 或将被董事会选举为 董事长。 这位深耕山东农信系统多年的 "老将"， 还有望 成为 A 股上市银行中最年轻的董事长。 对于 梁衍波 来讲 ， 即将执掌的青岛 农商行正处于一个微妙时刻：一方面是 资产规模站上 5000 亿的新纪录，另一方面则是 业绩 和资产质量双重 承压的现实挑战。 01 从"农信老兵"到"空降少帅" 凤凰网财经《银行财眼》梳理 梁衍波的履历 发现 ， 他的职业生涯与农信系统捆绑颇深。 2025 年 12 月，梁衍波被任命为青岛农商行党委书记，实现了从管理省内农信机构到执掌 A 股上市银行的职场跨越。作为多家农商行"一把手"，梁 衍波同样实现了机构规模上的逐级跃升，从枣庄农商行的百亿规模到济南农商行的千亿规模，再到如今青岛农商行超过 5000 的规模，同时也是山东 公开资料显示，梁衍波出生于 1978 年 8 月 ， 现年 4 ...

时间拉回 2025 年 12月，西贝"预制菜风波"愈演愈烈之际，贾国龙一句"向顾客、员工、自己认错"，让紧绷的舆论情绪暂时得以舒缓。 彼时，外界普遍认为，这是西贝和贾国龙真正开启反思的信号。 不过，在不到一个月之后的 2026年1月15日， 贾国龙 在朋友圈 再度 发布长文，语气、 逻辑与上次的表态有了明显的改变 。 01 态度大转弯，向外喊冤更多了 将两次发声并置对比，最鲜明的变化，在于贾国龙对这场风波的定性，以及整体情绪基调的切换。 2025 年 12月的表态中，他将矛头直指自身 ， 承认长期忽视顾客真实感受，坦言 "硬刚舆论""开放厨房"等操作回头看颇为幼稚。 彼时的他，姿态放得极低，态度诚恳，试图以 "认错"换取公众"理解"；也不再固守"西贝没有预制菜"的说法，转而承认消费者对预制菜的理解本就 多元，并愿意尊重大众的知情权。 但到了 2026年1月的长文里，他的语气已然 发生了改变 。 在这次的长文中，贾国龙将此前的风波直接定性为 "被网红恶意混淆和污蔑"。 他主动提及 "中央厨房备菜"与"料理包预制菜"的区别，更是反驳外界关于"急冻西兰花""草原羊"的质疑。 字里行间，满是压抑已久的委屈与火气，一句 ...

Core Viewpoint - The company "COMMUNE幻师," a Chinese restaurant and bar operator, is preparing for an IPO while facing challenges in revenue growth, operational efficiency, and customer satisfaction [1][2]. Financial Performance - Revenue increased from 845 million in 2023 to 1.074 billion in 2024, a year-on-year growth of 27.1%. For the first nine months of 2025, revenue reached 872 million, up 14% from 764 million in the same period last year [3]. - Adjusted net profit fluctuated, decreasing from 73.4 million in 2023 to 66.2 million in 2024, then rising to 78.6 million in the first nine months of 2025. The gross margin remained high at 70.5% in 2023, 67.8% in 2024, and 68.7% in the first three quarters of 2025, with beverage sales contributing approximately 45% of total revenue [4]. Operational Challenges - The average sales per store in second-tier cities declined, with daily sales dropping from 27,300 to 26,900 and average sales per square meter decreasing from 53.6 to 52.7 yuan [5]. - Same-store sales also showed a downward trend, with first-tier city sales slightly decreasing from 200 million to 199 million and second-tier city sales from 468 million to 467 million in the first nine months of 2025 [7]. Customer Feedback and Service Issues - The average consumer spending at COMMUNE幻师 is reported at 89.82 yuan, but some menu items are perceived as overpriced, leading to customer complaints about pricing and taste [8][12]. - Service quality has been criticized, with reports of poor customer experiences, including long wait times and inadequate service during peak hours [13][15]. Strategic Decisions and Cash Flow - The company has experienced significant cash outflows, totaling 224 million in the first nine months of 2025, while also declaring substantial dividends of 32 million in 2024 and 80 million in 2025, raising concerns about financial strategy [20]. - The founder, 唐伟棠, holds a 27.93% stake, while institutional investors like 高瓴资本 and 日初资本 hold 9.63% and 1.71%, respectively. Notably, a shareholder exited before the IPO, selling 0.31% of shares for approximately 2.439 million [20]. Market Position and Future Outlook - The "restaurant + bar" model faces competition from established brands and new entrants, necessitating increased investment to maintain brand recognition [21]. - The company is exploring expansion into third-tier cities, but current performance metrics indicate lower profitability compared to first-tier cities, with average sales per square meter at only 35.8 yuan [23].