来源丨凤凰网财经《IPO观察哨》 作为2026年A股首单获受理的IPO项目，上海燧原科技股份有限公司（下称"燧原科技"）于1月22日正式向上交所科创板提交上市申请，拟募资60亿 元，保荐机构为中信证券。这笔募集资金将重点投向第五代、第六代AI芯片研发及产业化、先进人工智能软硬件协同创新等项目，为公司核心技术迭 代与供应链安全保障注入动力。 然而，这笔大额募资背后，难掩公司对腾讯的深度依赖——作为"国产GPU四小龙"中最后冲刺资本市场的玩家，燧原科技自成立起便与腾讯形成"资 本+订单"的强绑定关系，关联交易已成为其营收的绝对支柱，独立经营能力缺失、客户结构失衡等隐忧凸显，而这些问题也在其披露的财务数据中暴 露无遗，为此次IPO闯关蒙上阴影。 01 拟募60亿募资背后，与腾讯关联交易主导营收命脉 资料显示，燧原科技成立于2018年3月，在"国产GPU四小龙"中起步最早，但IPO进程却最为滞后。公司创始团队堪称芯片行业"老兵"，具备深厚的 技术积淀与管理经验：创始人、董事长兼CEO赵立东曾任职AMD计算事业部高级总监、紫光集团副总裁，拥有超过20年芯片研发与管理经验，主导 过多款核心芯片的研发落地；另一位创始人、总 ...

来源丨 凤凰网《风暴眼》 作者丨 李小白 王天昱 网红的流量神话遇上公序良俗的红线，昔日靠魔性话术吸粉的 "性商教母"，终究迎来了全网声讨与渠道封停的结局。 只是这场看似彻底的崩塌背后，线下课程依旧隐秘运营，二手课程灰色交易暗流涌动，其 曾经的 商业版图里更藏着美容贷陷阱等诸多乱象。 网红经济的灰色地带，仍在这场风波中悄然涌动。 01 工作人员集体沉默，线下课还在继续 周媛 图源：网络 有人清空了全平台的视频内容，有人的内容更新停在 1月中旬，此后便再无动静。 周媛的所有社交账号，一夜之间没了踪迹。 1月22日，周媛的实名主账号率先被封禁，紧接着，其旗下"黑白颠严选"微信商城及一众关联账号均因违规被暂停访问，配套的线上课程系统也彻底 瘫痪，无法正常观看学习。 线上渠道被全面掐断，却并未让这套备受争议的课程体系彻底消失。 此前已有媒体报道，即便线上课程系统 "暂时修复中"，但黑白颠的线下课程，目前仍在正常开展。 只是这场整治风波，显然让黑白颠变得格外谨慎。 1月27日，凤凰网《风暴眼》以顾客身份，向"黑白颠"多名工作人员发送课程咨询 的 信 消息 ，始终无人回应。 而在其工作人员组建的粉丝群里发出的问询，同样石 ...

Core Viewpoint - The article discusses the controversy surrounding the brand "Dexter," which has been accused of misleading advertising for its baby lip balm, claiming it is "food-grade" and safe for babies to lick, violating regulations on children's cosmetics [1][3]. Group 1: Brand and Product Overview - Dexter, endorsed by Liu Tao, has sold a total of 29 million units of its baby lip balm, ranking first in sales and positive reviews on Tmall [3]. - The brand is under the parent company Wuxi Dexter Biotechnology Co., Ltd., which offers a full range of maternal and infant daily chemical products [5]. Group 2: Regulatory Issues and Investigations - The brand's advertising has triggered regulatory scrutiny, leading to an official investigation by the Wuxi New District Market Supervision Administration [5]. - Dexter issued a statement claiming the controversy pertains only to advertising language and not product safety, attributing the issue to a misunderstanding by promotional staff [5][8]. Group 3: Consumer Reactions and Complaints - Following the controversy, multiple consumer complaints have emerged, with some customers feeling misled by the "food-grade" claims and seeking refunds [8]. - There are reports of adverse reactions from consumers using other Dexter products, leading to further distrust in the brand [8]. Group 4: Previous Violations and Penalties - This is not the first instance of advertising violations by Dexter; previous infractions included misleading claims about products suitable for pregnant women and children [10][11]. - The company was fined 5,000 yuan for violating the Advertising Law of the People's Republic of China [11]. Group 5: Company Background and Ownership - Dexter was founded in 2017 by Zhang Xiaojun, who holds a 21.35% stake in the company and has been recognized in various entrepreneurial rankings [11][13]. - The company has secured eight rounds of financing from notable investors, indicating a strong backing despite the current controversies [13].

凤凰投诉讯1月27日，有网友投诉富国基金投诉7天不到账，耽误还房贷。 随后，凤凰投诉查询了该产品的赎回规则，发现因为是QDII产品，涉及投资境外市场，所以赎回时间是T+7。曹先生1月20日（上周二）发起赎回， 要到29日才可到账（本周四）。 你是不是也曾遭遇过各种投资理财、购买保险的陷阱，却投诉无门？或手握第一线的真实投资故事，却无人关注？扫码留言，让你的声音"被看见、 被回应"！ 【 热门视频推荐 】 用户曹先生在投诉中表示，自己1月20日在招商银行客户端发起了赎回申请，将用于在24日还房贷，但直到今日，曹先生的赎回资金依旧没有到账。 为了房贷不逾期，曹先生只好另想办法。 凤凰投诉联系到曹先生，了解到他购买的是"富国全球债券（QDII）人民币A"产品。确实依旧显示在途状态，资金并未到账。 点击在 看 持续关注↓↓↓ ...

加拿大黄金生产商Agnico Eagle Mines Ltd.首席执行官Ammar Al-Joundi周一表示，黄金价格的这一历史性飙升是由诸多持续存在的因素所推动 的，这些因素绝不会消退。 在他发表此番评论之前，金价周一首次突破5000美元/盎司的关键整数关口。现货黄金一度上涨2.5%，达5110美元/盎司，截至发稿回落至5070美 元/盎司附近。 在最新访谈中，Al-Joundi表示，虽然短期内的价格波动难以预测， 但过去一年里黄金价格上涨80%的结构性驱动因素，依然稳固不变。 他说："谁也不知道下周或下个月金价会涨到什么程度呢。推动金价上涨的那些基本面因素依然存在——政府支出，再加上几年前我们所经历的催化 剂，即俄乌冲突爆发并被踢出 SWIFT（环球银行间金融通信协会）系统的事。" "而现在又有了一个新的催化剂，即我们所生活的这个有序的世界似乎变得不再那么有序了，这显然会对……货币市场产生影响……而黄金也在其中 发挥了作用。"他补充说。 或许会让人感到意外的是，Al-Joundi认为加密货币将带来另一股利好力量。 他认为，比特币的流行让年轻一代认识到拥有某种手段来抵御不稳定法定货币的重要性。如今，这些投 ...

直 觉 告诉我，又是一个手慢无的大爆款！ 太震撼了！ 经中国邮政审 批，中国集邮官方发行！中国生肖邮票史上的D一部 大全套！ 攒齐这套，我们替你花了47年！ 2026马年，整个收藏圈都炸锅了！ 生肖题材历来是收藏市场硬通货。 中国邮政重磅公告： 2026丙午马年生肖邮票，定档1月5日全球首发！ 样票图稿刚露脸，瞬间引爆热搜榜TOP3！ 然而 2026 丙午马年邮票还未预约 中国集邮 直接把压箱底 47年的"生肖王炸"一次全甩出来了！ 《生肖·中国福》中 国十二生肖邮票纪念大全 直接打 破生肖藏品 "内卷天花板"！ ✅中国邮政审批，中国集邮首次发行1、2、3轮生肖连体大版票（纪念版） ✅一次集齐新中国成立以来中国十二生肖票大全 ✅ 抢先收藏2026丙午马年生肖邮票及纪念封 ✅特别配套发行中国集邮《百福生肖纪念券》 ✅赠徐悲鸿奔马藏书票，悲鸿奔马首入藏书票 ✅赠星云大师书法楹联1对 无需预约、无需排队，2026丙午马年生肖邮票抢先收藏！ 点击下图立即购买 从20世纪80年代开始，中国 每年都会发行相应的生肖邮票 ，寓意贺岁，借以 向世界推广中国的生肖文 化 。 最夸张的当属 1980年那版"猴票" 。 ▼ 这阵仗 ...

Core Viewpoint - The article discusses consumer concerns regarding the misleading marketing of a nut gift box by Baicaowei, which contains a significant amount of non-nut items, raising questions about the legality and ethics of such advertising practices [1][8]. Group 1: Product Composition and Consumer Reaction - A consumer discovered that the "Baicaowei Nut Gift Box," advertised as weighing 958 grams, contains only 33 grams of actual walnut kernels, with 660 grams being beverages and other snacks [1]. - Some consumers defended the product, stating that at around 30 yuan, it is reasonably priced, and pure nut products typically cost more [3]. - The product listing on Baicaowei's official store shows images of various nuts but does not clearly indicate the inclusion of beverages in the main product description [3]. Group 2: Legal Implications and Consumer Rights - A lawyer indicated that the marketing strategy may violate the Anti-Unfair Competition Law of the People's Republic of China, as it could mislead consumers about the product's primary ingredients [7]. - The lawyer emphasized that the low percentage of actual nuts could infringe on consumer rights, as the advertisement fails to provide a complete and truthful disclosure of the product's composition [8]. - Consumers misled by the product's marketing have the right to seek remedies such as returns, refunds, or compensation, and the company could face penalties for false advertising [8].

Core Viewpoint - The article discusses the recent appointment of Shi Hailong as the president of Gansu Bank and highlights the bank's financial performance, including challenges in revenue and net interest margin, as well as efforts to manage non-performing assets [3][8][16]. Group 1: Leadership Changes - Shi Hailong's appointment as president of Gansu Bank was officially approved after four months in an acting role, following his previous experience in various financial institutions and regulatory bodies [3][5]. - The current executive team of Gansu Bank includes Chairman Liu Qing, President Shi Hailong, and several vice presidents, indicating a stable leadership structure [7]. Group 2: Financial Performance - As of June 30, 2025, Gansu Bank reported total assets of CNY 427.48 billion, a 3.1% increase from the end of 2024, but a 13.9% decrease in operating income to CNY 2.72 billion [8]. - The bank's net profit increased by 1.1% to CNY 399 million, attributed to reduced expenses and a significant drop in asset impairment losses, which decreased by 24.4% [8][9]. - The net interest margin fell by 15.2% to 1.12%, primarily due to lower market interest rates and increased support for the real economy through interest rate cuts [8]. Group 3: Asset Quality and Management - Gansu Bank's non-performing loan (NPL) ratio improved from 1.93% to 1.85%, with a slight decrease in the NPL balance to CNY 4.34 billion [9]. - The bank has actively managed its non-performing assets, having transferred CNY 1.89 billion in bad debts, which is expected to enhance asset quality despite incurring a loss [11][15]. - Since 2021, Gansu Bank has sold a total of CNY 23.96 billion in assets, recovering CNY 16.39 billion, indicating a proactive approach to asset management [13]. Group 4: Future Challenges - Despite improvements in asset quality, Gansu Bank faces significant challenges in enhancing its net interest margin and reversing the decline in revenue amidst a low-interest-rate environment [16].

Core Viewpoint - The article discusses the career trajectory of renowned martial arts director Yuen Woo-ping, highlighting his success as a martial arts choreographer compared to his less successful directing career, culminating in the upcoming film "Biao Ren" which faces significant challenges [19][21][91]. Group 1: Yuen Woo-ping's Career - Yuen Woo-ping gained fame as a martial arts choreographer, earning six Hong Kong Film Awards for Best Action Choreography, a record that remains unbroken [7][19]. - His directorial efforts, while initially promising, have seen a decline in quality and reception over the years, with notable films like "Siu Chai" and "Crouching Tiger, Hidden Dragon: Sword of Destiny" receiving poor ratings [12][13][19]. - The upcoming film "Biao Ren," set to release during the 2026 Spring Festival, is seen as a potential swan song for Yuen Woo-ping, with industry insiders hoping for a strong box office performance [9][21][91]. Group 2: Challenges Facing "Biao Ren" - The film has faced production issues, including the need for reshoots due to the original actress's scandal, raising concerns about continuity and overall quality [24][26][28]. - The original manga "Biao Ren" has received high praise, with a Douban score of no less than 8.4, but translating its success into film is fraught with difficulties [31][40]. - The film's release during the Spring Festival, a peak viewing period, poses a challenge as the audience demographic may not align with the target manga fanbase, which is primarily younger [88][90]. Group 3: Broader Industry Context - The martial arts film genre has seen a decline since its peak in the early 2000s, with changing audience preferences favoring superhero and sci-fi films over traditional martial arts narratives [76][82]. - Recent adaptations of popular manga into live-action films have had a poor track record, raising concerns about the potential success of "Biao Ren" [45][46]. - The involvement of high-profile actors and directors does not guarantee success, as evidenced by recent failures in the genre, indicating a shift in audience expectations and market dynamics [80][82].

来源丨 凤凰网《风暴眼》 山西某科技有限公司法定代表人张先生最近常常做噩梦。 梦里，要么是他刚拉开车门，车子就猛地炸开；要么是他被一群人一拥而上，狠狠围殴。 这些梦，都指向 2025年12月21日那场突如其来的殴打。 2025年6月 ， 太原酒厂有限责任公司（下称 "太原酒厂"）法定代表人、董事长荣 建 锋突然单方面叫停了与 张先生 的合作。 没有解释，没有协商，只有一句冷冰冰的话： "你不能干了。" 原本顺风顺水的合作 戛然而止 ，而其中 80万元需要退还的货款，成了双方矛盾的焦点。 在张先生表示要向上级领导反映情况后，冲突在 2025年12月21日 彻底爆发。 荣 建 锋带人赶到 张先生 公司门口，动手将其殴打至 "全身多处软组织损伤"。 事后，太原市公安局小店分局对荣建锋作出行政处罚，决定对其行政拘留 3日，罚款300元。 凤凰网《风暴眼》联系荣建锋求证，对方未接听电话。凤凰网《风暴眼》随后向其发送短信，截至发稿未获回复。 太原酒厂官网显示，这家始建于 1950 年的企业，是太原市唯一的中华老字号白酒酿造国有企业 ，具备万吨级的生产能力，年利税达千万元规模， 年销售收入则突破亿元。 以下是凤凰网《风暴眼 ...