以下文章来源于凤凰网财经 ，作者风暴眼 凤凰网财经 . 82岁的杨受成， 再次站在了命运的悬崖边。 文 ｜ 风暴眼 来源｜ 凤凰网财经（ID：finance_ifeng） 封面来源 ｜ IC photo 6月30日，一则核数师"非标报"引爆香江。 香港大佬杨受成旗下英皇国际166亿港元银行借贷逾期，德勤对其持续经营能力亮出红灯，"可能对其持续经营能力构成重大疑问"。 利空消息迅速引发市场剧烈反应，投资者用脚投票。 更具连锁效应的是英皇系个股的集体重挫。 截至港股收盘，英皇钟表珠宝跌8.33%，英皇娱乐酒店跌5.26%，英皇资本暴跌18.18%，英皇文化产业，跌幅亦达14.89%，整个资本版图在市场的寒意中 震荡不已。 亏损扩大一倍多 这场风暴的导火索，源于英皇国际的2025财年业绩公告。 你好，我们是凤凰网财经，全球华人都在看的财经公众号，传播最有价值的财经报道，你值得关注！欢迎访问：http://finance.ifeng.com/ 财报里藏着两个平行世界。报告期内，公司总收入同比增长41.5%至13.76亿港元。但连同来自不再持续经营业务，年度亏损由上财年的20.47亿港元扩至 47.43亿港元。 业务板 ...

12306客服人员表示，目前铁路对携带充电宝的要求是标志清晰、单块额定能量不超过100wh，目前暂不查看3C标识。 整理 ｜孙安雅 点击上方【36氪随声听】，一键收听大公司热门新闻。听完音频记得添加进入 【我的小程序】 中哟！ 翼菲智能 36氪获悉，据港交所，浙江翼菲智能科技股份有限公司向港交所提交上市申请书，独家/联席保荐人为农银国际。 摩尔线程 36氪获悉，据上交所官网披露，摩尔线程智能科技（北京）股份有限公司科创板首发申请获得上交所受理。此次摩尔线程拟募 集资金80.00亿元，保荐机构为中信证券。 韦东奕晋升北大长聘副教授，校方回应：按学校流程走 近日，一则"韦东奕晋升北大长聘副教授"的消息在网络热传，引发热议。相关内容显示，北京大学数学科学学院关于韦东奕助 理教授的考核申请公示内容《北京大学届满评估评审表》共有9页，公示时间为2025年4月7日至4月11日，该公示意味着韦东奕 已经通过北大数院的考核，如果没有其他异议，公示结束后，韦东奕将会被聘为长聘副教授。 有研复材 36氪获悉，据上交所官网，有研金属复合材料（北京）股份公司科创板首发申请获得上交所受理。此次有研复材拟募集资金 9.00亿元，保荐机构 ...

以下文章来源于硬氪 ，作者林晴晴 硬氪 . 专注全球化、硬科技报道。36kr旗下官方账号。 SL200芯片集成了视频编码、AI推理、多核CPU等核心功能，部署量近数万颗。 文 ｜ 林晴晴 编辑 ｜ 彭孝秋 来源｜ 硬氪（ID：south_36kr） 封面来源 ｜ 企业官网 36氪 获悉，人工智能芯片企业 " 凌川科技 " 近日完成数亿元A轮融资，由北京市人工智能产业投资基金和快手集团领投，亦庄产 投、顺禧基金、九智资本等跟投。本轮融资将主要用于下一代芯片研发、现有产品SL200的量产扩产及海外市场拓展。 " 凌川科技 " 成立于2024年3月，由北京市人工智能基金与快手集团共同发起，前身为快手集团异构计算与芯片事业部。 " 凌川科 技 " CEO刘凌志告诉 36氪 ，"2018年快手日活破亿，传统堆算力服务器的成本压力已不可持续。我们从异构计算平台切入，2020 年正式立项芯片，2023年SL200在快手部署数万颗，节省超预期成本后，拆分独立成为必然选择。" 36氪 了解到，SL200芯片为国内首款集成视频编码、AI推理、多核CPU等功能的ASIC芯片，支持万分之一超低故障率，头部客户 直播覆盖率近100%。 ...

Core Viewpoint - IFBH Limited, the parent company of if coconut water, successfully went public on the Hong Kong Stock Exchange, achieving a market capitalization exceeding 10 billion HKD, showcasing the strong demand for coconut water in the Chinese market [3][4]. Group 1: Company Overview - IFBH Limited was founded in 2013 by a Thai entrepreneur and primarily focuses on coconut water, which accounts for 96% of its total revenue [3]. - The company entered the Chinese market in 2017 through e-commerce channels, positioning China as its main growth engine [3]. - For 2024, IFBH is projected to generate revenue of 158 million USD (approximately 1.1 billion RMB), reflecting an 80% year-on-year growth, with 92.4% of this revenue coming from mainland China [3][4]. Group 2: Market Position and Performance - IFBH holds a market share of approximately 34% in mainland China, significantly surpassing its closest competitor by more than seven times, maintaining the top position for five consecutive years [3]. - The company achieved a remarkable human efficiency, generating about 25 million RMB in revenue per employee, with only 46 employees [5]. Group 3: IPO and Investor Interest - The IPO process for IFBH was notably swift, completing the listing hearing in just over two months, setting a record for food and beverage companies in Hong Kong [4]. - During the IPO phase, IFBH was highly sought after by investors, with an oversubscription rate of over 2,600 times, attracting significant cornerstone investors including Sequoia China and UBS Asset Management [6]. Group 4: Marketing and Growth Strategy - The company has heavily invested in marketing, with expenditures increasing from 3.66 million USD to 7.36 million USD, a growth of over 100% [15]. - IFBH's marketing strategy includes collaborations with popular IPs and celebrity endorsements, similar to the approach taken by early-stage brands like Yuanqi Forest [16]. Group 5: Industry Trends and Challenges - The coconut water market has seen a surge in demand due to its perceived health benefits, with IF coconut water experiencing a 300% increase in sales in 2022 [11]. - However, the company faces challenges such as rising raw material costs and increased competition from private label brands, which could impact its market share [18][19]. - To sustain its competitive edge, IFBH needs to enhance its supply chain and diversify its product offerings post-IPO [20].

以下文章来源于国民经略 ，作者凯风 国民经略 . 在这里，读懂中国经济、城市和楼市 拼命建大学，一直未停步。 文 ｜ 凯风 来源｜ 国民经略（ID:guominjinglve） 封面来源 ｜ IC photo 全国高校格局，再次生变。 日前，教育部发布2025年全国高等学校名单，全国普通高校2919所，含本科学校1365所、高职（专科）学校1554所。 过去一年，全国新设及改名100多所高校，包括36所"专升本"的职业技术大学，以及新设大湾区大学、东方理工大学、福耀科技大学等3所新型研究型大学。 这是2025年各大省份本科、专科院校分布 ： | 河南 | | 62 | | | | | | | 116 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 江苏 | | | 82 | | | | | | 93 | | 山东 | | 2 | | | | | | | 95 | | 广东 | | | | | | | | | 89 | | 湖南 | 54 | | | | | | | d R | | | 四川 | 55 | | | | | | | ...

Core Viewpoint - The article discusses the emergence and implications of "0-kilometer used cars" in the automotive market, highlighting how this phenomenon disrupts traditional sales practices and affects both consumers and manufacturers [3][5][50]. Group 1: Market Dynamics - The concept of "0-kilometer used cars" refers to vehicles that have been registered but are sold as used cars, often with minimal mileage, creating confusion in the market [3][10]. - The number of used car transactions has surpassed new car registrations for four consecutive years, indicating a shift in consumer preferences towards used vehicles [14][15]. - The rise of "0-kilometer used cars" is attributed to changes in supply, with a significant influx of both traditional and new energy vehicles into the used car market [14][15]. Group 2: Consumer Behavior - Consumers are increasingly opting for "0-kilometer used cars" as a cost-effective alternative, especially among young graduates and middle-aged workers who seek both affordability and status [20][21]. - The perception of buying used cars has shifted from "buy new, not old" to "having a car is sufficient," reflecting changing attitudes towards vehicle ownership [15][20]. Group 3: Industry Practices - Some manufacturers engage in practices that inflate sales figures by registering vehicles under their names before selling them to used car dealers, contributing to the "0-kilometer" phenomenon [35][46]. - The article highlights that "0-kilometer used cars" serve as a financial tool for manufacturers and dealers, allowing them to meet sales targets and clear inventory while benefiting from government subsidies [46][47]. Group 4: Challenges and Risks - The proliferation of "0-kilometer used cars" has led to price wars, impacting the profitability of traditional car manufacturers and dealers [49][50]. - The reliance on inflated sales data and the neglect of product experience have drawn criticism from industry observers, indicating potential long-term risks for the automotive sector [50][51].

中新经纬 . 中新经纬是由中国新闻社主办的财经新媒体，拥有中国互联网新闻信息采编发布服务资质。以手机客户端（APP）等为主要传播 平台，以"权威、前瞻、专业、亲和"为特色宗旨，传播财经资讯、解读经济政策、讲述商界故事，打造精英的财经资讯平台。 以下文章来源于中新经纬 ，作者谢婧雯 安检时，对于不符合 "上机"要求的充电宝，旅客除了丢弃还可以如何处置？ 对于不能带上飞机的充电宝，中新经纬了解到，眼下 一些机场提供了 7天暂存服务。 30日，北京大兴机场、首都机场的客服均向中新经纬表示，暂不为没有3C认证、3C认证标识不清晰、属于被召回型号或批次的充 电宝提供暂存服务，也不建议旅客携带该类充电宝，若携带，旅客可以在安检之前自行选择快递邮寄。 关于邮寄充电宝服务，首都机场客服称，旅客可以选择顺丰邮寄，具体情况需要现场了解。大兴机场客服称，根据机场备注，安 检前专门供旅客邮寄额定能量 2万毫安以下充电宝的快递公司为顺丰和京东。 中新经纬从上海浦东机场、虹桥机场客服处了解到，目前对于不符合登机要求的充电宝，浦东机场的 T1和T2航站楼均设有暂存 点，虹桥机场仅T2航站楼设有暂存点。浦东、虹桥两个机场暂存服务期限为7天， ...

Core Viewpoint - Yancheng, a third-tier city in Jiangsu Province, is gaining popularity among South Korean tourists, particularly for golf, due to its proximity and cost-effectiveness compared to other destinations [3][7][32]. Group 1: South Korean Tourists and Golf - South Korean tourists, like Pei Ni, find Yancheng an attractive golf destination due to its short travel time and affordable costs, allowing them to play multiple rounds in a short trip [5][6]. - The number of South Korean visitors to Yancheng has significantly increased, with over 6,500 arrivals recorded by the end of April this year, marking a 61.9% year-on-year growth [7][8]. - Yancheng's golf courses are becoming increasingly popular, with the Shuyang Island Golf Club receiving 3,700 South Korean visitors in the first quarter alone [8][10]. Group 2: Local Adaptations and Services - The influx of South Korean golfers has led to improvements in local golf course services, including the introduction of Korean cuisine and staff who can communicate in Korean [10][11]. - Local golf courses offer competitive pricing for South Korean tourists, with costs for playing a round being lower than for local players, making it an attractive option for them [10][11]. - The presence of South Korean tourists has also led to a more vibrant atmosphere at local golf courses, with increased activity and demand for services [8][10]. Group 3: Cultural Integration and Community - Yancheng has a long-standing relationship with South Korea, having attracted numerous Korean enterprises since 1993, resulting in a significant Korean community in the city [15][16]. - The local government has established services to cater to the Korean population, including dedicated Korean language support at service centers [16]. - South Korean residents in Yancheng often engage in local activities, such as golf, and contribute to the cultural exchange between the two countries [16][20]. Group 4: Tourism and Natural Attractions - Yancheng is not only known for golf but also for its natural attractions, such as the wild elk and the unique coastal wetlands, which are drawing more tourists [24][32]. - The city has been promoted as a weekend getaway for urban dwellers from Jiangsu, Zhejiang, and Shanghai, emphasizing its accessibility and natural beauty [3][32]. - The local tourism industry is adapting to the growing interest in nature-based experiences, with services tailored to visitors seeking to explore Yancheng's wildlife and landscapes [31][32].

Core Viewpoint - The article discusses the transformative impact of large models in the tech industry, emphasizing that innovation is the key survival strategy for companies in this space, especially in light of the rapid evolution and competition among startups and tech giants [2][3][14]. Group 1: Industry Trends - The large model industry is experiencing a significant shift towards innovation, with traditional internet business models becoming obsolete [3][4]. - The recent "Aha Moment" in the industry, exemplified by viral videos of animals performing complex actions, highlights the advancements in video AI technology and its potential [7][8]. - The MiniMax Week event serves as a critical point for examining how startups can thrive amidst competition from larger firms [4][6]. Group 2: Technological Innovations - MiniMax's Hailuo 02 model has seen a threefold increase in parameters compared to its predecessor, achieving native 1080P resolution and generating 10 seconds of high-definition content [9][10]. - The model's innovative NCR architecture allows for efficient resource allocation, significantly reducing memory read/write by over 70% and improving training and inference efficiency by 2.5 times [12][23]. - MiniMax's M1 model, with 456 billion parameters, supports the longest context length in the industry, enhancing its performance in complex tasks [16][18]. Group 3: Competitive Landscape - Despite the initial dominance of tech giants in the large model space, startups like MiniMax have captured significant market share and achieved top rankings in performance benchmarks [15][16]. - The article notes that the rapid evolution of large models requires companies to continuously innovate to maintain a competitive edge, as capital alone is insufficient for success [14][15]. - MiniMax's innovative approaches, such as the use of mixed attention mechanisms and the CISPO training method, have allowed it to outperform competitors while reducing costs [20][21][23]. Group 4: Agent Applications - The emergence of agent applications, such as MiniMax Agent, represents a new frontier in AI, enabling more complex task execution and planning capabilities [30][32]. - MiniMax Agent has been integrated into daily operations, demonstrating its effectiveness in various tasks, including programming and content creation [31][32]. - The synergy between large model innovations and agent applications is expected to drive further growth and development in the AI ecosystem [32][34].

Core Viewpoint - Brazil is becoming a significant export market for Chinese electric vehicles, particularly for BYD, which has seen substantial growth in sales despite upcoming challenges from rising import tariffs [3][4][6]. Group 1: Market Overview - Brazil ranks as the sixth largest automotive market globally, with a notable growth rate in the electric vehicle sector, projected to sell 177,360 electric vehicles in 2024, marking a 90% increase [4]. - In the first five months of 2025, the top three destinations for Chinese electric vehicle exports were Belgium (119,678 units), Brazil (105,513 units), and Mexico (84,862 units) [4]. Group 2: BYD's Performance - BYD has established a leading position in the Brazilian market, selling 76,713 vehicles in 2024, which represents over a 300% year-on-year increase [4]. - In May 2023, BYD accounted for 5,596 units sold in Brazil's pure electric vehicle segment, capturing over 80% of the total sales [4]. Group 3: Import Tariff Changes - Brazil's government announced a phased increase in import tariffs for electric vehicles, with rates set to rise to 25% for pure electric vehicles and 30% for hybrid vehicles by July 2024, eventually reaching 35% by July 2026 [6][7]. - The adjustment in tariffs is expected to directly impact the export strategies of automotive companies [7]. Group 4: Local Production Initiatives - The Brazilian government is launching the National Green Mobility and Innovation Program in 2024 to encourage global automotive companies to establish local production, aiming to revitalize the domestic automotive industry [9]. - Several automotive companies, including Toyota, General Motors, Stellantis, and various Chinese manufacturers, are planning investments in Brazil to enhance local production capabilities [9][10]. Group 5: Competitive Landscape - Chinese automotive companies are deepening their presence in Brazil, facing competition from established players like Toyota, Renault, and Volkswagen, while also needing to navigate local economic and regulatory environments [10][11]. - The year 2026 is anticipated to be a pivotal moment for Chinese electric vehicle manufacturers in Brazil, as they will need to integrate more deeply into the local economy and industry [10][11]. Group 6: Company Investments - GAC announced plans to sell 100,000 vehicles in Brazil over the next five years, with an investment of 6 billion Brazilian Reais (approximately 78 billion RMB) to establish a factory by Q4 2026 [14]. - Great Wall Motors is set to launch its first factory in Brazil, with an initial capacity of 50,000 vehicles, aiming to increase to 100,000 units [14]. - BYD is planning to build a large production complex in Brazil, although there have been delays due to labor disputes [14]. - Geely has entered Brazil through a joint venture with Renault to produce and sell vehicles under both brands [14].