Core Viewpoint - Li Auto, the annual sales champion among new car manufacturers, experienced a decline in new car deliveries, with June's delivery volume down 23.4% year-on-year, making it one of the few companies in the top tier to show negative growth [2][6]. Group 1: Sales Performance - In June, Li Auto delivered 36,300 new cars, a year-on-year decrease of 24.06%, marking a significant drop in performance [6]. - The company has cumulatively delivered over 1.33 million vehicles in the past five years and has maintained its position as the sales champion in the mid-to-high-end market for two consecutive years [6][12]. - Li Auto's sales target for 2025 was revised down from 700,000 to 640,000 units, with the completion rate for the annual target being less than one-third halfway through the year [12][16]. Group 2: Profitability and Margins - The gross margin for Li Auto is projected to be 20.53% in 2024, a decline of 1.67 percentage points compared to 2023, with the first quarter of this year further dropping to 20.51% [2][13]. - The company faces pressure to maintain its existing market while expanding into the pure electric vehicle market [13]. Group 3: Competitive Landscape - The competition among new car manufacturers is intensifying, with many brands now adopting similar strategies to Li Auto's original model, leading to a dilution of its competitive edge [14]. - Li Auto's market share in the extended-range vehicle segment is expected to decline by 2.1% in Q4 2024 [14]. - The company is facing increased competition from new entrants and existing brands, with numerous new mid-to-large SUVs launched this year [14][15]. Group 4: Future Strategy - Li Auto is set to launch its first pure electric SUV, the i8, in July, followed by the i6 in September, which will compete directly with Xiaomi's Yu7 [15]. - The company is undergoing an organizational restructuring to enhance its focus on smart vehicle development, which may impact short-term order conversion [15][20]. - Li Auto's long-term vision includes developing AI hardware terminals akin to revolutionary products like the iPhone, indicating a shift beyond traditional automotive manufacturing [20].

Core Viewpoint - The article discusses the transformative impact of Chinese manufacturers in the global adult toy market, particularly in the production of AI-enhanced sex dolls that provide emotional companionship at a significantly lower price than Western brands [1][5][12]. Group 1: Market Position and Growth - Chinese manufacturers account for 70% of the global production capacity of silicone dolls, with a notable increase in search interest for products like "Sandy Cheeks" sex dolls, which surged by 18 times from last year [2][6]. - The global adult toy market is projected to grow from approximately $27.17 billion in 2019 to $52.7 billion by 2026, and is expected to reach $80.7 billion by 2030 [13][15]. Group 2: Technological Innovations - Chinese companies are leveraging advanced technologies, such as AI models, to transform traditional sex dolls into intelligent companions capable of emotional interaction and memory retention [7][8]. - The use of TPE (thermoplastic elastomer) and medical-grade silicone in products enhances the tactile experience, making them more appealing compared to traditional materials [13][14]. Group 3: Challenges in International Expansion - Despite the promising market outlook, Chinese adult product companies face challenges in international markets, including cultural differences and stringent e-commerce platform regulations [16][18]. - Companies like Zhuzhou BZL Network Technology have reported slow growth in overseas sales, highlighting the difficulties in adapting to foreign markets [18][19]. Group 4: Competitive Landscape - The competitive landscape is characterized by a divide where companies either rely on patent monopolies or compete on price, with many firms struggling to maintain profitability as margins have decreased significantly [20][21]. - The article emphasizes the importance of supply chain advantages for Chinese companies, which allows them to mitigate risks associated with international trade [20][21].

Core Viewpoint - At present, Atour is navigating a delicate balance between cost-cutting measures to support franchisees and maintaining quality standards to uphold its mid-to-high-end brand image [2][3][11]. Group 1: Cost-Cutting Measures - Atour has announced significant price reductions on operational and engineering materials starting June 30, 2025, aimed at reducing franchisee expenses [5][10]. - The price cuts include a 51.8% reduction on paper cups used for serving tea, a 10.2% reduction on cleaning cloths, and up to an 11.67% reduction on major renovation materials like curtains and wallpaper [7][8]. - This strategy is termed "cost optimization and quality enhancement," focusing on lowering costs while improving guest experience [7][8]. Group 2: Franchise Expansion - In Q1 2025, Atour's franchise management hotel revenue reached 1.032 billion yuan, a year-on-year increase of 23.5%, accounting for 54.1% of total revenue [10]. - The company opened 121 new hotels in Q1 2025, all through franchisees, as part of its three-year strategy to reach 2,000 stores by 2025, targeting an annual growth rate of 30% [10][32]. - The average daily room rate (ADR) for Atour in 2024 was 437 yuan, significantly higher than competitors like Huazhu (289 yuan) and Jinjiang (240.7 yuan) [16]. Group 3: Brand Positioning and Retail Strategy - Atour is positioned as a "cross-border internet celebrity" in the hotel industry, drawing comparisons to successful brands in unrelated sectors [17][19]. - The brand's most popular product is its pillow, which has gained significant market traction beyond its hotel operations, becoming a hidden champion in the bedding industry [20][30]. - Atour's retail business saw a 126.2% year-on-year increase in revenue in 2024, reaching 2.198 billion yuan, with bedding products driving this growth [32][34]. Group 4: Challenges and Quality Concerns - The hotel industry is facing challenges, with a net increase of nearly 30,000 hotels in the past year, but occupancy rates have dropped to 58.8%, a decrease of 2.5 percentage points [31]. - Atour's average room price fell by 5.82% compared to the previous year, despite still being the highest among its peers [31]. - A recent incident involving hospital-branded pillowcases raised concerns about quality control, threatening the brand's reputation built over a decade [12][14][34].

夏天的夜晚，就得是冰饮配烧烤，一天的不愉快和疲惫，都会在这一刻烟消云散~ 撸串是香，但是对于我们这种上了一天班，晚上实在不愿意出门的人来说真的是个难题。 叫外卖吧倒是省事，只不过送过来早就没了那股热腾腾的香味。 以前为了晚上解馋，也在网上买过半成品的烤串，但说实话味道确实差点意思。 但直到我最近入手了这款牛/羊肉串，毫不夸张的说，比我在烧烤店吃的的更对味： 喜盼 羔羊肉串/安格斯牛肉串 ▼ 采用新鲜现宰的牛羊肉整切串制，然后用-18℃低温存储的方式， 最大限度的还原了肉的那 股"鲜"。 就连肉的品种都大有来头，牛肉使用的是四大名牛之一的安格斯牛。 这种原产于苏格兰的谷饲牛肉， 肉质细腻，油花分布均匀，口感软嫩多汁。 划重点，喜盼的这款牛/羊肉串不是合成肉，不是拼接肉！ $\frac{\ln\frac{1}{\ln}}{\ln\frac{1}{\ln}}\sum_{n=1}^{\infty}\frac{\ln(n)}{n}\ln\frac{\ln\sqrt{n}}{n}$ = ....................................... 1.5CM左右的大肉块， 搭配3:7的肥瘦比例，吃起来香 ...

以下文章来源于凤凰网科技 ，作者凤凰网科技 凤凰网科技 . 凤凰科技频道官方账号，带你直击真相。 摘要： 原来钱不是万能的，但天价薪酬可以。 扎克伯格还在疯狂输出。 7月8日，多家媒体援引知情人士消息，苹果基础模型团队负责人、著名华人工程师庞若鸣 (Ruoming Pang) 即将离职加入Meta。2021年，庞若鸣从Alphabet加入苹果。 2021年，庞若鸣带着谷歌15年的深度学习经验加盟苹果。作为苹果基础模型团队的负责人，其带领着近 百名工程师，支持苹果AI和下一代Siri的大模型研发工作。要知道，苹果AI已经一再难产，内部甚至产 生了分歧——是否要引入OpenAI、anthropic等第三方模型支持新版的Siri。这一决定，与庞若鸣团队所 做的努力完全背道而驰，因而也加剧了团队人才的流失。 庞若鸣的副手，已入职苹果八年的Tom Gunter已经于上个月离职，多名核心成员也开始接洽Meta。 以庞若鸣为核心的人才相继离开，无疑让苹果自研模型团队会再次历经震荡，苹果方面连夜任命了 Zhifeng Chen接管苹果基础模型团队，并将团队拆解为多层汇报制，王崇、王子睿等华人经理被推至一 线。 同样手忙脚乱的 ...

Core Viewpoint - The recent launch of "Farmer Spring Pure Transparent Edible Ice" by Sam's Club has sparked significant consumer debate over its pricing, with a 2 kg pack priced at 22.8 yuan, leading to discussions about value and cost-effectiveness in the market [1][5]. Group 1: Product Pricing and Consumer Reaction - The 2 kg ice pack priced at 22.8 yuan has been criticized by some consumers as overpriced, with calculations suggesting that the cost equates to approximately 5.7 yuan per 500 ml bottle of water used to make the ice [1][5]. - Some consumers defend the pricing, arguing that the production process adheres to food safety standards and that the price is reasonable given the unique production method [1][5]. - Social media reactions are mixed, with some users questioning the target audience for such a product and others expressing dissatisfaction with its perceived value [9][12]. Group 2: Production and Technology - Sam's Club has stated that the ice product is a custom item made specifically for their stores, with pricing determined through negotiations with suppliers [5]. - The ice is produced using a special slow-freezing technique that takes 24 to 32 hours, resulting in a product that melts 20% slower than standard ice, making it suitable for prolonged cooling in summer [5][9]. Group 3: Market Trends and Competition - The introduction of this ice product has led to a surge in demand, with reports of it selling out quickly [13]. - Other companies, including dairy brands like Yili and Mengniu, as well as retailers like Hema and Lawson, have also entered the ice market, indicating a growing trend in the industry [13]. - The competitive landscape is tightening, with price reductions observed in similar products; for instance, Hema's 160g edible ice cup saw its price drop from 4.9 yuan in July 2022 to 2.5 yuan by June 2025, reflecting a significant decrease in profit margins [15].

Core Viewpoint - The article discusses the emergence of "pension loans" in Hunan Province, with at least 30 rural commercial banks launching such products since May, aimed at helping individuals enhance their pension contributions and ensure better retirement benefits [1][2]. Group 1: Introduction of "Pension Loans" - "Pension loans" are specifically designed to improve pension insurance payment levels and cover any outstanding pension contributions, with funds directed to personal social security accounts [2][5]. - Eligibility for these loans generally requires local residency, social security registration, and being close to the age of 60 without having started receiving pension benefits [2][5]. Group 2: Loan Details - The maximum loan amount typically does not exceed 90,000 yuan, with a repayment period of up to 15 years [5]. - An example provided indicates that a borrower could pay 6,000 yuan annually for 15 years, resulting in a monthly pension of approximately 808.48 yuan after loan repayment [6]. Group 3: Interest Rates - The interest rates for these loans range from 3.1% to 3.45%, which are generally higher than the mortgage rates in Hunan's capital, Changsha [10][13]. - Many banks offer fixed interest rates, meaning borrowers will not benefit from potential future reductions in the loan prime rate (LPR) [10][13]. Group 4: Insurance and Debt Responsibility - In the event of the borrower's death, banks provide commercial insurance to cover the remaining loan balance, ensuring that family members are not burdened with the debt [14][17]. - Some banks clarify that the remaining funds in the borrower's pension account will be used to repay the loan if the borrower passes away [14][17]. Group 5: Industry Context - The "pension loan" initiative in Hunan is not the first of its kind; similar products have been introduced in other regions, such as the "renewal loan" in Guangxi, which was later suspended [18][19]. - Other provinces, like Sichuan, are also exploring similar loan products to assist residents with pension contributions [19][20].

Core Viewpoint - The opening of Shanghai Lego Land, dubbed "Asia's most expensive," has been marred by consumer complaints regarding pre-sale annual passes and operational issues, leading to a disappointing experience for many families [2][20]. Group 1: Pre-sale Annual Pass Issues - The annual pass was marketed as a high-value option, priced from 1399 yuan, claiming that visiting 2.5 times would break even, while standard tickets are priced at 549 yuan [3][21]. - Consumers have expressed frustration over the inability to book weekend visits, with the park only allowing reservations for July and August, leading to complaints about the lack of availability during peak times [5][6]. - Many parents feel misled by the park's customer service, which suggested "off-peak travel" as a solution, despite most families being unable to visit on weekdays due to work and school commitments [9][20]. Group 2: Operational Challenges - During the trial operation, significant operational failures occurred, such as a malfunctioning 4D cinema that caused a chaotic experience for visitors [9][11]. - Other attractions also faced issues, including a ride that left guests suspended for over 40 minutes, raising safety concerns among parents [11][13]. - The park's operational shortcomings have led to a growing wave of complaints on social media, with many consumers regretting their purchase of annual passes [15][18]. Group 3: Market Position and Consumer Expectations - Lego Land's target demographic is narrow, focusing on children aged 2 to 12 and their families, which limits its appeal to a broader audience [20][27]. - The park's pricing strategy is not competitive when compared to other theme parks like Disney and Universal Studios, with adult tickets ranging from 319 to 599 yuan, which is still lower than Disney's base price of 719 yuan [21][25]. - The location of Lego Land, approximately 70 kilometers from downtown Shanghai, adds to the overall cost of visiting, as transportation expenses must be factored in [25][27]. - The park's hotel policies, including high fees for damages to Lego models and strict check-in/check-out times, have also deterred potential visitors [27][28]. - To succeed in the competitive Chinese theme park market, Lego Land must enhance its service experience and balance the needs of both children and adults, ensuring that visitors feel their experience is worth the cost [27][28].

当地时间周一，美股三大指数集体承压收跌，道琼斯工业平均指数下跌 0.94% ，纳斯达克综合指 数下跌 0.92% ，标普 500 指数下跌 0.79% 。 盘面上，在美上市的日韩企业股票表现低迷。日产汽车股价大跌超 7% ，丰田汽车跌近 4% ；韩 国企业中， SK 电信跌超 7% ， LG Display 跌幅更是超过 8% 。大型科技股同样多数走低，特 斯拉跌幅超 6% ，苹果、谷歌股价均跌超 1% 。 热门中概股呈现涨跌分化态势，纳斯达克中国金龙指数最终收涨 0.59% 。具体来看，哔哩哔哩涨 超 7% ，百度涨近 4% ；而小鹏汽车跌近 5% ，阿里巴巴跌超 2% 。 特朗普在发给上述国家的函件中还明确：任何试图通过第三国转运来规避新关税的做法，将被征收 更高关税；若上述国家的公司选择在美国境内建厂或生产产品，则无须缴纳此项关税；若上述国家 决定提高对美关税，美国将在现有新关税税率的基础上追加同等幅度关税。 据央视新闻报道，美国白宫方面透露，除上述国家外，美国还将发出更多相关信函。 值得关注的是，欧盟尚未收到美国的关税通知函。欧盟委员会发言人吉尔周一表示，欧盟仍在争取 于 7 月 9 日前与美国达成一 ...

来源|凤凰网财经《公司研究院》 近日，一段"零食店店员向顾客下跪"的短视频在社交平台热传，引发网友激烈讨论。7月6日，有网 友爆料称，江苏连云港一家"好想来"门店内，因收银员被指"允许其他顾客插队"，导致顾客"不依 不饶"。一名女性店员当众跪地向涉事顾客道歉，画面中店员情绪激动，场面令人揪心。 据了解，事发后工作人员到场处置，正在调查具体情况。凤凰网财经《公司研究院》致电好想来官 方客服，对方称："没有收到最新通知，具体以我司官方通告为准。 " t是在家没地位受气 出来暗谁都 只会联负同层 9 1110 1111 了 双列 3.5万 000 607 P 01 插队争议引爆尊严危机 ？ 曾经，零食行业凭借9.9元的"穷鬼套餐"横扫市场，以极致低价、丰富的产品种类收割消费者。然 而，江苏连云港"好想来"门店的一则 "店员下跪"视频 ，却将这一商业神话背后的隐忧撕开了一道 口子。 回顾该事件，据相关媒体报道，7月5日晚，连云港海州区"好想来"新海云谷店内，一名收银员因优 先为手持大量啤酒的顾客结账，被临时离开取雪糕的顾客指责"插队"。争执中，店员突然下跪道 歉，而顾客站立接受跪拜的画面被拍下，随即引爆网络。尽管事后 ...