刺猬公社 . 互联网内容行业观察与研究 神曲的土潮二象性。 文 ｜ 陈梅希 编辑 ｜ 园长 来源｜ 刺猬公社（ID：ciweigongshe） 封面来源 ｜ 揽佬SKAI ISYOURGOD社交账号 当熟悉的《帝女花》旋律响起，我就知道，阿叔又要在我手机里提笔写字了。 已知：每完整播一遍《大展鸿图》，阿叔需要写 9 遍大展鸿图，坊间流传这首歌的全网播放量已超过 20 亿，那么阿叔一共已经写过 180 亿大展鸿图。好 险，短视频一般只有几十秒，我们让阿叔每次只写三分之一首歌，那么一共是 60 亿遍。 以下文章来源于刺猬公社 ，作者刺猬公社编辑部 先不考虑阿叔研墨的手酸不酸。我在某电商平台搜索"大展鸿图字画"，发现热卖的款式，长度至少有 1.2 米。那么 60 亿幅，一共是 72 亿米， 720 万千米， 赤道周长约为 40075 千米，算一算，阿叔写的"大展鸿图"，连起来已经可以绕地球 180 圈。 想到这里，我开始意识到，这首神曲大概真的有点不同。 当一个声音唱：" Baby 我们的感情好像跳楼机。"我的第一反应是：" Tell me why. " 反问句。 当另一个声音唱："凌晨七点，反复纠结。"我的第一个 ...

Core Viewpoint - The World Artificial Intelligence Conference (WAIC 2025) in Shanghai has become a significant event in the AI industry, showcasing the latest advancements and attracting numerous exhibitors and attendees despite adverse weather conditions [2][3][6]. Group 1: Event Overview - WAIC 2025 opened on July 26, 2025, at the Shanghai Expo Exhibition Center, marking it as the most important annual event in China's AI sector [2]. - The event's scale reached a record high, with over 800 exhibitors and an exhibition area exceeding 70,000 square meters [6]. - Tickets for the event sold out two days prior, indicating high demand and interest in the AI sector [3][6]. Group 2: Exhibitor Highlights - Notable exhibitors included major tech companies like Alibaba, Tencent, Huawei, and JD, alongside emerging startups in the AI and robotics space [4][6]. - The absence of certain key players, such as Baichuan Intelligence and Zero One Technology, raised questions about their participation in the AI landscape [5][6]. Group 3: Robotics Innovations - Various robotics innovations were showcased, including: - Yuzhu's robot boxing match, which attracted significant audience attention [10][11]. - ZhiYuan's large exhibition space featuring robots capable of performing tasks like calligraphy and drumming [14][15]. - Galaxy General's robots functioning as convenience store clerks and waste-collecting robotic dogs [24][30]. - Qianxun Intelligent's delivery robot, which demonstrated advanced maneuvering capabilities [32][34]. Group 4: AI Applications and Hardware - Major companies presented their AI applications and hardware: - Alibaba introduced AI glasses integrating various functionalities, enhancing user experience [69][71]. - Tencent showcased AI agents designed to assist users throughout their daily activities [77][78]. - Huawei unveiled the "Ascend 384" super server, boasting a computing power of 300 PFLOPS, significantly enhancing AI processing capabilities [83][85]. Group 5: Future Trends and Concepts - The event highlighted emerging trends in AI, such as: - The concept of "AI factories" proposed by Moer Thread, aiming to scale AI training capabilities [100][102]. - Innovations in AI education tools, like Youdao's AI pen, which demonstrated advanced problem-solving capabilities [92][94]. - The integration of AI in creative fields, as seen with Kuaishou's new AI workbench for video production [98][99].

Core Viewpoint - The extreme heat in Northeast China has led to a surge in air conditioner demand, highlighting a shift in consumer behavior as air conditioning becomes a necessity rather than a luxury [4][5][15]. Group 1: Weather Conditions - Long Changchun has experienced unprecedented heat, reaching 36 degrees Celsius, which is unusual for the region [4][10]. - The Northeast has seen a significant increase in temperatures, with many areas experiencing extreme heat for the first time, prompting complaints from residents [5][10][13]. - The National Climate Center reported that extreme heat events have been occurring earlier than usual, with 147 weather stations recording extreme temperatures [7][24]. Group 2: Air Conditioner Demand - The demand for air conditioners in Northeast China has skyrocketed, leading to shortages both online and in physical stores [15][16]. - Retail sales of air conditioners have surged, with Haier and Midea reporting significant year-on-year growth in sales across the Northeast, with increases of 355% in Jilin and 518% in Liaoning [18][22]. - Consumers are facing long wait times for installation services, with some areas experiencing delays of up to 10 days due to high demand for air conditioning units [19][21]. Group 3: Consumer Behavior - Many residents who previously did not consider air conditioning essential are now rushing to purchase units, indicating a shift in consumer priorities due to climate changes [15][27]. - Social media discussions reflect a growing awareness and concern about the changing climate, with many expressing disbelief at the rapid temperature changes [26][29]. - The urgency to buy air conditioners has led to a competitive market, with consumers willing to pay extra for faster installation services [21][22].

Core Insights - The article highlights the strategic investment of 80 million RMB in the shared drone photography brand "Feixiangji," aimed at enhancing technology development, expanding key scenic locations, and scaling operations [1] - The low-altitude economy in China is projected to reach a market size of 1.5 trillion RMB by 2025 and 3.5 trillion RMB by 2035, indicating significant growth potential in this sector [1] - The demand for immersive cultural tourism experiences has surged, with a 68% year-on-year increase in revenue from such projects in 2023, while 70% of scenic spots lack professional photography capabilities, presenting a blue ocean for shared drones [1] Team and Technology - The team comprises experts in edge computing, visual intelligence, parallel computing, and big data processing, with experience from Lenovo Global Research Institute and leading media companies [2] - The significant reduction in consumer drone costs from tens of thousands to thousands of RMB has lowered industry entry barriers, facilitating the growth of shared drone services [2] - Advancements in AI editing technology have enabled video production to be completed in seconds with nearly 90% accuracy, addressing post-production challenges [2] - The development of 5G and edge computing has enhanced real-time data transmission and cloud editing capabilities, supporting efficient service delivery [2] Business Model and Services - "Feixiangji" offers low requirements for drone operators, allowing tourists to use drones with six intelligent shooting modes without needing professional skills [3] - The service integrates hardware, algorithms, and scenarios, providing a seamless rental experience through shared drone cabinets at popular scenic spots [3] - AI cloud editing generates localized Vlogs in seconds, allowing tourists to share their experiences on social media easily [3] Competitive Advantages - The model addresses tourists' pain points of lacking equipment, skills, and editing capabilities, while also driving traffic to scenic spots through user-generated content [4] - Compared to traditional aerial photography services that charge 300 to 2000 RMB per session without real-time delivery, "Feixiangji" differentiates itself through AI editing, scenic resource advantages, and diverse revenue models [4] - The parent company has access to nearly 1,000 scenic resources, enabling rapid deployment of quality locations for partners [4] Future Plans - "Feixiangji" aims to accelerate its "City Partner" program, targeting over 2,000 scenic locations by 2025 and deploying 30,000 terminal devices by 2026 [5] - The company plans to expand into cultural tourism and derivative businesses, such as customized souvenirs based on tourist imagery [5]

Group 1 - 澜起科技股份有限公司 has submitted a listing application to the Hong Kong Stock Exchange, with joint sponsors including CICC, Morgan Stanley, and UBS [2] - The iPhone 17 Pro is reported to have the most significant design changes in Apple's history, featuring four color options including a highly recognizable orange [3] Group 2 - Multiple car manufacturers responded to a recent driving assistance system test, highlighting common technical bottlenecks in extreme scenarios, such as high-speed evasive maneuvers and obstacle recognition [5] - Tesla emphasized the safety of its vehicles with the driving assistance feature, claiming they are 9.5 times safer than regular vehicles [5] Group 3 - The Ministry of Finance reported that the national debt issuance scale reached 7.88 trillion yuan in the first half of the year, a historical high for the same period, with a year-on-year increase of 35.28% [11] - Digital Certification expects a net loss of 80 to 96 million yuan for the first half of 2025, attributed to intensified market competition and increased R&D expenses [17] Group 4 - China Duty Free Group announced a net profit of 2.6 billion yuan for the first half of 2025, a year-on-year decrease of 20.81%, with total revenue of 28.15 billion yuan, down 9.96% [18] - Intel announced a plan to cut 15% of its workforce as part of a new cost control strategy under its new CEO [15]

Core Viewpoint - The article discusses Xiaomi's performance in the global smartphone market, highlighting its stable market share and brand position despite a slight decline in the overall market [7][12][13]. Market Performance - In Q2 2025, the global smartphone market experienced a year-on-year decline of 1%, while Xiaomi maintained a 15% market share, ranking third globally and being the best-selling Chinese smartphone brand [7][12]. - Xiaomi's stock closed at 57.40, down 1.80% from the previous day, with a trading volume of 116 million shares and a market capitalization of approximately 1,489.7 billion [4][5]. Sentiment Analysis - The total online sentiment regarding Xiaomi's performance amounted to 32,050 pieces of information, with 34.8% being positive, 15.0% negative, and 50.2% neutral, indicating a generally neutral to positive sentiment [8][10]. Brand and Market Position - Xiaomi's stable market share and its position as the top-selling Chinese smartphone brand enhance its brand recognition and may attract more investor interest [12]. - The company has maintained its position as the third-largest smartphone manufacturer globally for five consecutive years, reflecting its stability and competitive strength [12][13]. Management Outlook - Xiaomi's management, represented by Lu Weibing, expressed a commitment to continuous improvement and progress despite the stagnant global smartphone market, which may positively influence investor confidence [12][13]. Market Challenges - The overall decline in the global smartphone market could pose challenges for Xiaomi's sales and profit growth, potentially exerting downward pressure on its stock price [12][13]. Future Prospects - Long-term prospects for Xiaomi appear positive due to its stable market share, enhanced brand position, and management's commitment to growth, which may bolster investor confidence [13].

Core Viewpoint - The article emphasizes the emergence of the Shangjie H5 as a new contender in the 200,000 RMB SUV market, leveraging the strengths of both SAIC and Huawei to meet consumer demands for high-quality, intelligent electric vehicles [2][4][50]. Market Context - The automotive market is highly competitive, with consumers primarily seeking good vehicles rather than new brands. The success of models like the ZunJie S800 and Aion M8/M9 demonstrates the demand for quality products [2][3]. - The current market for 200,000 RMB SUVs is dominated by established models such as Volkswagen Tiguan and Toyota RAV4, which have annual sales exceeding 200,000 units [17]. Product Overview - The Shangjie H5 is a mid-to-large-sized new energy SUV, expected to launch in September 2023, offering both pure electric and range-extended powertrains [4][8]. - The vehicle features a wheelbase of 2840mm, a length of 4780mm, and a width of 1910mm, providing a spacious interior compared to competitors [14]. Technological Edge - The H5 will be equipped with Huawei's latest ADS 4 advanced driver-assistance system, showcasing a commitment to integrating cutting-edge technology into a competitively priced vehicle [7][8]. - The vehicle's pure electric range is expected to exceed 655 kilometers, with the range-extended version featuring a 32.6 kWh lithium iron phosphate battery [43]. Strategic Collaboration - The partnership between SAIC and Huawei combines SAIC's robust manufacturing capabilities and supply chain with Huawei's advanced technology and brand recognition, positioning Shangjie for success in the market [22][39]. - SAIC has established a comprehensive vertical supply chain and a strong talent pool, which will support the development and production of the Shangjie H5 [24][25]. Market Positioning - The Shangjie H5 aims to disrupt the 200,000 RMB SUV market by offering superior product features, intelligent technology, and competitive pricing, thus addressing a gap in the current market [18][43]. - The collaboration is expected to create a scalable brand that can leverage Huawei's technological advancements and SAIC's manufacturing prowess to achieve significant market penetration [46][50].

以下文章来源于日经中文网 ，作者日经中文网 日经中文网 . 编制日经指数的《日本经济新闻》的中文版。提供日本、中国、欧美财经金融信息、商务、企业、高科技报道、评论和专栏。 日美两国政府就为期近100天的关税谈判达成协议。在成为谈判最后时限的8月1日之前，支持基础出现动摇的美国总统特朗普为了取得成果，一口气加快 了达成妥协的步伐。此举意在将日美协议作为与欧盟（EU）等剩余地区和国家谈判的立足点。 封面来源 ｜ Unsplash 特朗普称"想进行谈判" "总统的日程空着，总统想进行谈判"，在协议前一天的7月21日晚，在华盛顿近郊的美国商务部长卢特尼克的私宅。坐在卢特尼克对面的日本经济财政兼 再生相赤泽亮正被如此告知。 美国白宫总统办公室，特朗普向坐在对面的赤泽亮正连声提问，"是否从波音公司采购？"赤泽亮正回答说"会"。特朗普还当场用笔将白板上写的日本投资支援额 从"4000亿美元"改为"5000亿美元"。"急于达成协议的不是日本，而是美国"…… 与卢特尼克的会谈持续到晚上11点左右，达到2个多小时，成为设想第二天与美国总统特朗普面对面谈判的预演。日本政府相关人士透露，赤泽亮正在羽 田机场起飞时并未设想与特朗普会面 ...

Core Viewpoint - The wedding photography industry is facing a crisis, exemplified by the recent collapse of the well-known brand PluJue Travel Photography, leading to widespread consumer dissatisfaction and loss of trust in the industry [3][5][12]. Group 1: Incident Overview - PluJue Travel Photography experienced a significant operational failure, resulting in numerous customers, like Lin Jie, facing unfulfilled services and lost deposits after paying over 7,000 yuan for packages [3][7]. - Customers reported difficulties in contacting customer service, with many unable to retrieve their deposits or receive their promised products, leading to a surge in complaints on social media [8][10]. - The company acknowledged its operational challenges, citing high costs and ongoing losses, and attempted to reassure customers by promising to fulfill existing orders [12][15]. Group 2: Industry Practices - The prevalent business model in the wedding photography sector involves "prepayment + secondary consumption," which places financial strain on consumers and can lead to significant risks if companies mismanage their cash flow [4][14]. - The lengthy process from payment to product delivery, often taking several months, increases the likelihood of companies facing financial difficulties and potentially going bankrupt [15][19]. Group 3: Market Trends - The wedding market is experiencing a downturn, with a reported 23% decrease in marriage registrations in Wenzhou from 2021 to 2024, reflecting a broader national trend [15][16]. - Changing consumer preferences, such as a shift towards more personalized and budget-friendly photography options, are challenging traditional photography businesses [18][19]. - The rise of "life force" photography, which emphasizes candid and unique styles, is gaining popularity among younger consumers, further complicating the landscape for established photography firms [18][20]. Group 4: Competitive Landscape - Increased competition and price undercutting in the market have made it difficult for traditional photography businesses to maintain profitability, with some services being offered at prices as low as 199 yuan [19][20]. - The emergence of independent photographers and the accessibility of photography technology have contributed to a shrinking market for established firms, leading to a potential transformation in the industry [20].

Core Viewpoint - Wang Jianlin is selling off assets to maintain creditworthiness amid financial difficulties, with significant divestitures in his real estate and financial sectors [3][42]. Group 1: Asset Sales - Wang Jianlin announced the sale of a 30% stake in Kuaiqian Financial for 240 million yuan, with the ultimate beneficial owner being Wang himself [5][14]. - This sale is part of a broader trend, as Wang has sold over 55 Wanda Plazas and Wanda Hotels this year, generating more than 52 billion yuan in cash [9][30]. - The divestiture of Kuaiqian Financial marks a significant reduction in Wang's financial assets, as he previously invested 2 billion yuan to acquire control of the company [6][18]. Group 2: Financial Performance and Challenges - Kuaiqian Financial, once a core asset, has seen its valuation drop significantly, with its current estimated worth at 800 million yuan, down from 3 billion yuan when acquired [25]. - The company had transaction volumes exceeding 2 trillion yuan at its peak, but its market position has weakened, potentially falling out of the top ten in the industry [17][22]. - Wang's financial struggles are compounded by ongoing legal issues and debt obligations, with a total of 5 billion yuan in enforced execution against his companies [51]. Group 3: Strategic Shifts - The leadership of Kuaiqian Financial is now in the hands of Ke Liming, who has previously acquired multiple stakes from Wang, indicating a strategic shift in ownership [12][13]. - Wang's asset sales are part of a larger strategy to streamline operations and focus on core business areas, as he has divested from various sectors including hotels and financial services [39][54]. - The remaining valuable assets for Wang include approximately 200 self-owned Wanda Plazas and a 40% stake in Zhuhai Wanda Commercial Management [41].