Core Viewpoint - The article discusses the regulatory warning issued to Entropy Technology by the Guangdong Securities Regulatory Bureau due to five major violations related to financial reporting and disclosures, which could impact the company's reputation and operations [1][2][3]. Summary by Sections Regulatory Violations - Entropy Technology received a warning letter from the Guangdong Securities Regulatory Bureau for five key violations: inaccurate revenue recognition, improper bad debt provision, incorrect R&D expense accounting, inaccurate inventory impairment provision, and inadequate disclosure of related party transactions [1][2]. - Specifically, the company recognized revenue of 369,500 yuan in 2024 that was not aligned with the corresponding sales period due to inconsistent rebate periods for certain customers [1]. - The company failed to adequately provision for bad debts, particularly for clients with significant credit risk, relying solely on aging categories rather than individual assessments [1]. - R&D expenses were inaccurately reported as they included salaries of non-R&D personnel without proper documentation of their project hours [1]. Inventory and Related Party Transactions - The inventory impairment provision was inaccurately calculated, as the company used a sales expense rate of 15% from a different subsidiary instead of the actual 57% from ZKTECOUSALLC, leading to an overestimation of net realizable value [2]. - There was a discrepancy in the disclosure of related party transactions, with the actual sales amount to ZKTECO SOLUTIONS INC. being 18.91 million yuan, significantly higher than the reported 11.34 million yuan [2]. Company Response and Market Position - The company and its executives are required to take corrective actions and submit a written report to the Guangdong Securities Regulatory Bureau within 30 days [3]. - Entropy Technology, listed on the Shenzhen Stock Exchange since August 2022, focuses on biometric technology and related applications, indicating a commitment to innovation despite current regulatory challenges [3]. - The company has been actively engaging with investors, holding three institutional research meetings recently, and plans to launch a brain-machine interface prototype by March 2026, although this is not expected to significantly impact short-term revenue [4]. - Financial results for the first three quarters of 2025 show a slight decline in revenue to 1.401 billion yuan, while net profit increased by 6.24% to 128 million yuan [4]. - The company's stock has seen a rise of over 37% this year, with a market capitalization of 10.6 billion yuan as of January 12 [4].

美国总统特朗普去年12月29日说，他预计2026年1月宣布美国联邦储备委员会主席鲍威尔的继 任人选。鲍威尔将于今年5月结束任期。 自去年1月第二次出任美国总统以来，特朗普一直敦促美联储降息，希望借此提振经济，降低 政府借贷成本。因不满美联储未能积极降息，特朗普多次要求鲍威尔辞职。 据央视新闻报道，当地时间1月11日，知情官员透露，美国哥伦比亚特区联邦检察官办公室已 对美国联邦储备委员会主席鲍威尔展开刑事调查，调查内容涉及美联储对其华盛顿总部大楼的 翻修工程，以及鲍威尔是否就该项目的范围向国会撒谎。 △美国联邦储备委员会主席鲍威尔（资料图） 该知情官员表示，这项调查包括对鲍威尔公开声明的分析以及对支出记录的审查，并于去年11 月获得哥伦比亚特区联邦检察官珍妮娜·皮罗的批准。皮罗是特朗普的长期盟友，去年被任命 为该办公室负责人。 来源丨央视新闻 编辑丨张嘉钰 贵金属大涨！黄金再创新高，白银猛拉2%，油价直线拉升，中东局势紧张，乌克兰首都响起强 烈爆炸声 小米二手车价大跳水：SU7半年跌5万元 天才少年姚顺雨入职腾讯后首次公开发声 SFC 21君荐读 2 悦 读 · 智能 权 威 . r7 o 扫码点击下载 ...

| 能源化工 | | | | --- | --- | --- | | NYMEX WTI原 | | | | 59.61 | 63.85 | 57.81 | | +0.49 +0.83% +0.51 +0.81% -0.28 -0.48% | | | | INE原油 | | | | 437.7 | 3038 | 3.256 | | +11.9 +2.79% +40 +1.33% +0.087 +2.75% | | | 消息面上，全球地缘政治风险继续升温。 俄乌方面，据央视新闻最新消息，当地时间1月12日凌晨，乌克兰首都基辅响起强烈爆炸声。 此前，俄罗斯国防部11日通报称，过去一天，俄军对乌军工企业等目标实施了打击。乌克兰武 装部队总参谋部同一天通报称，对里海海域三座俄罗斯石油钻井平台实施了打击。 1月12日早盘，贵金属集体拉升。截至发稿， 现货黄金升至4550美元大关，再创历史新高；现货 白银涨幅扩大至2.79%。 现货铂金涨近3%，突破2320.00美元/盎司关口，最新报2327.80美元/盎 司。 | 国际贵金属 | | | | | | --- | --- | --- | --- | --- | | 名称 ...

Core Viewpoint - The second-hand car market for Xiaomi vehicles has experienced a significant decline, particularly for the SU7 and SU7 Ultra models, with substantial depreciation observed in their prices over the past month [1][3][7]. Price Decline of Models - The average price of the Xiaomi SU7 in the second-hand market is currently 207,000 yuan, which represents a decrease of over 7,000 yuan compared to the previous month [1]. - For nearly new vehicles (approximately under 100 kilometers), the price is generally about 20,000 yuan lower than that of new cars. Vehicles that are around six months old and have traveled about 10,000 kilometers typically see a price difference of around 50,000 yuan. When mileage exceeds 20,000 kilometers, the depreciation can exceed 80,000 yuan [1]. - The lowest price for a SU7 currently stands at 153,000 yuan for a vehicle with 60,000 kilometers [1]. SU7 Ultra Depreciation - The SU7 Ultra, which was launched at a price of approximately 530,000 yuan in early 2025, now has an average second-hand price of 412,000 yuan, indicating a depreciation of over 100,000 yuan for nearly new vehicles. Some second-hand cars with around 10,000 kilometers have seen price drops exceeding 150,000 yuan [3]. YU7 Performance - In contrast to the SU7 and SU7 Ultra, the YU7 has experienced relatively minor depreciation, with nearly new vehicles seeing a price drop of generally less than 10,000 yuan [7]. - Xiaomi's automotive division achieved a delivery of over 410,000 vehicles in its first full year of operations (2025), surpassing its annual target by 117%. The SU7 was the best-selling sedan above 200,000 yuan, while the YU7 led the mid-to-large SUV sales charts, delivering over 150,000 units in six months, which is 2.3 times the delivery volume of the SU7 during the same period [7][8]. Market Challenges - Previously regarded as a "financial product," Xiaomi cars have now become a burden for second-hand car dealers, with reports indicating that dealers are struggling to find buyers even when offering discounts [7]. - Despite the apparent pricing in the market, actual transaction volumes remain low, indicating a sluggish market environment for Xiaomi's second-hand vehicles [7].

记者丨曾静娇 编辑丨刘雪莹 2026年第一个完整交易周，贵金属价格波动明显加剧。 美国突袭委内瑞拉引发地缘政治动荡和市场避险情绪升温，加之发达经济体债务膨胀，投资者 增加贵金属配置，现货黄金、现货白银在本周分别累计上涨4.07%和9.72%。 尤其是现货白银在本周曾出现单日大涨超6%、两天内累计涨超14%以及两天累计跌超5%的情 况。 另一方面，芝商所集团从周五盘后起，再次上调黄金、白银、铂金和钯金等贵金属期货履约保 证金，这是最近一个月以来，芝商所集团第三次上调贵金属期货保证金。其中，白银保证金本 次上调幅度达28.6%。交易所大幅上调保证金，通常能遏制高杠杆交易和投机交易。 据央视财经报道，综合多家金融机构的分析来看， 本周有两个因素加剧了贵金属价格的下行 压力： 截至1月9日，现货黄金收报4509美元/盎司，小幅上涨0.7%；现货白银逼近80美元/盎司关口，涨近 4%。 展望后市，华尔街投行高盛指出，相较黄金， 预计白银交易将持续面临高波动性和不确定 性。 一是彭博大宗商品指数本周启动年度再平衡调整，贵金属权重被大幅下调。分析人士称，预计 这次再平衡调整会触发指数追踪型资金被动减仓，使得黄金和白银面对获 ...

特朗普的帖文说："委内瑞拉现在由拥有世界上最强大军队（迄今为止！）的美国来保护。" 来源丨新华社 编辑丨曾静娇 SFC 美国总统特朗普11日在社交媒体"真实社交"上发文说，古巴多年来依靠委内瑞拉的大量石油和 金钱生活，但"不会再有更多的石油或资金流向古巴——归零！我强烈建议他们（和美国）达 成协议，以免为时已晚"。 ...

Core Viewpoint - Recent applications by domestic satellite operators to the International Telecommunication Union (ITU) for satellite network data have garnered public attention, but these submissions are routine operations that should be viewed rationally [1]. Group 1: Satellite Network Applications - Multiple domestic units have submitted satellite network data to the ITU, which is a standard procedure for deploying satellite systems [1]. - The submission process typically requires 2 to 7 years of preparation, including application, coordination, registration, and maintenance before launching satellites [1]. - Several countries have reported satellite networks exceeding 100,000 satellites based on their specific circumstances [1]. Group 2: China's Satellite Technology - China, being a vast country with significant satellite technology applications, has adhered to ITU radio regulations and aims to promote fair and efficient use of satellite frequency and orbital resources [1]. - The recent submissions include multiple satellite network data, with two applications exceeding 90,000 satellites each, reflecting the country's future development needs [1]. Group 3: Industry Dynamics - The process from international application to satellite launch and service provision typically requires a considerable amount of time [2]. - Factors such as international coordination of frequency resources, system construction, and market demand changes may lead to dynamic optimization and adjustments in the actual deployment of satellites [2]. - Stakeholders are encouraged not to overinterpret these developments and to continue supporting the growth of China's aerospace industry [2].

由中央纪委国家监委宣传部与中央广播电视总台央视联合摄制的电视专题片《一步不停歇 半 步不退让》，1月11日在总台央视综合频道晚8点档播出第一集《纠风治乱为民》，央视新闻新 媒体平台同步播发。 党的作风就是党的形象，关系人心向背，关系党的生死存亡。风腐交织是现阶段党风廉政建设 和反腐败斗争要着力解决的突出问题。要坚持正风肃纪反腐相贯通，深入推进风腐同查同治， 以"同查"严惩风腐交织问题，以"同治"铲除风腐共性根源，以"查""治"贯通阻断风腐演变。 农业农村部原党组书记、部长 唐仁健： 自己的教训，一定对中央的这些要求，这些纪律和规 矩，要真当回事，真不要侥幸，但现在都成为悔之晚矣的事情。 唐仁健，农业农村部原党组书记、部长，曾任广西壮族自治区党委常委、政府副主席，甘肃省 委副书记、省长。2024年5月，接受中央纪委国家监委纪律审查和监察调查。他的违纪违法轨 迹，极其典型地呈现出由风及腐、风腐交织的特点。 中央纪委国家监委第八监督检查室副主任 周典： 唐仁健案的行贿人主要来自于唐仁健的日常 吃喝玩乐圈，许多请托事项和利益输送的约定都是在酒桌上和牌桌上完成的，唐仁健的问题也 是腐败问题和作风问题相伴相生、相互传染的 ...

Core Viewpoint - The Baotou Rare Earth Products Exchange (referred to as "Rare Exchange") has officially launched its rare earth price index on multiple platforms, aiming to serve as a price "barometer" and "guideline" for the rare earth product circulation sector in China [1][5]. Group 1: Rare Earth Price Index - The Rare Exchange was established by 13 major rare earth enterprises and related institutions, including Northern Rare Earth and China Rare Earth, to create a reliable price index based on trading data and rigorous index models [5]. - The index covers mainstream rare earth products such as lanthanum, cerium, praseodymium, and neodymium, with plans to optimize and expand its content and applications [5]. Group 2: Price Data and Trends - As of January 9, the average price of praseodymium-neodymium oxide was 624,900 yuan/ton, and metallic praseodymium-neodymium was 760,700 yuan/ton, showing a slight increase compared to the first trading day of 2026 [5]. - The price of rare earth concentrate for the first quarter of 2026 has been adjusted to 26,834 yuan/ton (excluding tax), reflecting a 2.4% increase from the previous quarter [5][7]. - The price adjustments for rare earth concentrate have seen six consecutive increases since the third quarter of 2024, indicating a positive trend in the market [5].

1月11日晚，中央戏剧学院官网发布《关于网传演员闫某晶之子林某霏就读我院新疆班有关情 况的声明》。 声明全文如下： 近日，网络上出现有关演员闫某晶之子林某霏曾就读"中戏新疆班"的信息，引发公众关注 与讨论。经核查，现作出如下声明。 林某霏，男，汉族，2012年北京市高中应届毕业， 以户籍地北京生源身份报考我院 ，先 后参加我院本科招生专业考试和普通高等学校招生全国统一考试，被录取至我院表演系 2012级戏剧影视表演普通本科班。 2012年我院未招收新疆班，网传信息不属实。 感谢社会各界长期以来对我院办学工作的关注和支持。 图：中央戏剧学院官网 来源丨中央戏剧学院官网 编辑丨曾静娇 又一个品牌终止与演员闫学晶合作 SFC 21君荐读 2 智能 悦 读 · 权 威 n o 扫码点击下载 ...