平安全国性战略调整步伐加快，继平安银行之后， 平安人寿上海总部部分员工也将南迁深圳 ，平安人寿回应21世纪经济报道记者称旨在加强管理、提升协作效率并助力业务转型。 平安人寿表示，作为公司整体经营发展的一部分，其对总部办公地点进行了统筹安排，要求部 分在上海办公的员工回迁至深圳总部集中办公。 公司强调这一举措是"为进一步加强管理，提升团队协作效率，助力业务转型"，并承诺将保障 所有流程合法合规，切实维护员工权益。 平安的"深圳－上海"双城记 平安人寿在回应中明确指出，此次调整是根据《保险法》《公司法》及《市场主体登记管理条 例》等相关规定进行的。这些法规要求公司主要办公场所应与注册登记的住所保持一致。 选择将部分员工回迁至深圳总部，一方面是为了满足合规性要求，确保公司注册地址与实 际主要办公场所的一致性；另一方面也是顺应公司整体经营发展的需要。 事实上，平安集团的双总部办公模式由来已久。 2002年，平安将第二总部正式落户上海。平安保险入驻上海浦东时，曾引起广泛关注。当时平 安在陆家嘴金融贸易区投资20亿元建设平安金融大厦，被视为平安全国化布局的重要一步。 不过，对于此次平安人寿的"回迁"补偿方案，有部分员工在 ...

受多重因素影响，国际金价再创新高。 记者丨 毕凤至 编辑丨叶映橙 每盎司4 0 0 0美元点位 值得注意的是，今年以来，国际现货黄金价格累计涨幅已超40%。 据央视财经报道，今年最新一轮金价上涨始于8月20日，并屡创新高。美联储降息预期抬升、 美元走软、全球央行增持黄金、地缘政治不确定性加剧等因素成为此轮黄金走强的重要"推 手"。实物黄金购置需求走强，也在推动金价快速上涨。 北京时间9月16日下午14:48左右，现货黄金突破3690美元，创历史新高。 金饰克价逼近11 0 0元 在国际金价的带动下，国内金饰价格水涨船高，周生生、老庙、老凤祥等部分品牌涨至年内最 高。 9月16日，周生生金饰价格为1091元/克，较前一日上涨17元；老庙黄金为1087元/克，单日上 涨13元；周大福、六福珠宝、金至尊为1087元/克，单日上涨9元。 高盛：预计明年黄金能达到 申银万国期货分析指出，本月多项数据显示美国经济就业市场疲弱，尤其是非农就业2.2万 人，大幅低于市场预期的7.5万人，进一步确认9月降息前景，叠加近期对美联储独立性受威胁 的担忧，推升黄金。市场进一步炒作降息50bp可能，但通胀压力下更大概率还是呈现年内的多 ...

Core Insights - The article discusses the rapid growth of real-world asset tokenization, which has reached a market size of $29.27 billion as of September 12, 2023, with 389,136 asset holders and 211 issuers, including major asset management firms like BlackRock and Fidelity [1][4] - The article highlights the historical challenges faced by asset tokenization projects, with over 90% failing to achieve basic trading volumes before 2021 due to legal, market, and liquidity issues [3][4] Development of Asset Tokenization - The initial attempts at asset tokenization faced significant hurdles, including legal ambiguities, a weak investor base, and a lack of market makers or liquidity mechanisms [3] - Major investment institutions have been advocating for clearer legal frameworks to support asset tokenization, with the recent passage of the GENIUS ACT in July 2023 removing legal barriers [4] Advantages of Asset Tokenization - Asset tokenization offers several advantages over traditional finance, including shared ledger information, flexible custody arrangements, programmability through smart contracts, enhanced financial inclusion, and interoperability across blockchains [6][7] Potential of Private Markets - The article emphasizes the untapped potential of private markets, noting that a significant portion of companies with revenues over $100 million remain unlisted, particularly in the UK, EU, and the US [9] - BlackRock identifies four key areas for future investment in private markets: private equity, private credit, infrastructure, and real estate [9] Hong Kong's Unique Approach - Hong Kong's asset tokenization framework focuses on five asset categories: financial assets, renewable energy assets, real estate, intangible assets, and computing power assets, aiming for a more diversified and service-oriented approach [10][11] Future of Digital Finance - The article predicts that by 2030, the global market for tokenized assets could exceed $30 trillion, indicating a significant shift in the financial services landscape [13] - Asset tokenization and stablecoins are expected to disrupt the existing international monetary and financial systems, providing equal competition opportunities for various currencies [14] Stability of Stablecoins - The relationship between stablecoins and fiat currencies is crucial for their stability, with risks associated with maintaining a 1:1 exchange rate [15]

记者 | 李益文 编辑 | 叶映橙 金珊 9月16日，人形机器人、宇树科技概念股走势强劲，午后开盘持续拉升，三花智控、双环传动午后涨停，均创历史新高，此前汉威科技、美利 信、大洋电机、世运电路等十余股涨停。 | 宇树机器人 | 拼多多合作商 | | 体化压铸 | 具身智能 | | --- | --- | --- | --- | --- | | 4.72% | 3.75% | | 3.08% | 3.07% | | | 人形机器人 | GPU | 机器视觉 | 特斯拉 | | | 3.01% | 2.64% | 2.64% | 2.60% | | 汽车配件精 | | | | | | 洗 | | 机器人 | 小米汽车 | PEEK材料 | | 3.95% | 新型工业化 | 2.59% | 2.43% | 2.38% | | | 2.96% | 小红书平台 | 服务器 | | | | | 2.56% | 2.37% | WEB3. | | 減速器 | 微软合作商 | | | 0 | | 3.79% | 2.79% | 传感器 | 智能物流 | 2.32% | | | | 2.51% | 2.33% | | 消息面 ...

Core Viewpoint - Youxun Co., Ltd. is preparing for its IPO on the Sci-Tech Innovation Board, aiming to raise 809 million yuan for various chip development projects, while facing challenges in profitability and potential control changes post-IPO [1][5]. Group 1: Company Overview - Youxun Co., Ltd. specializes in the research, design, and sales of optical communication front-end transceiver chips, positioning itself as a leading player in the upstream segment of the industry [5]. - The company claims to be a "national manufacturing single champion enterprise" in the optical communication field, with a significant market share in 10G and below front-end chips [5][6]. Group 2: Financial Performance - The company's net profit excluding non-recurring items is projected to be 95.73 million yuan in 2022, 54.91 million yuan in 2023, and 68.57 million yuan in 2024, totaling 219 million yuan over three years [5]. - Revenue has shown a fluctuating upward trend, with 339 million yuan in 2022, a slight decline to 313 million yuan in 2023, and a rebound to 411 million yuan in 2024, representing a year-on-year growth of 31.1% [5][6]. Group 3: Market Position and Competition - In the 10Gbps and below product segment, Youxun holds the largest market share in China and the second largest globally, competing with major players like MACOM and Semtech [6]. - Despite its champion status, Youxun faces intense competition, with its overall gross margin declining from 55.26% in 2022 to 43.48% in the first half of 2025 [6][7]. Group 4: Control and Governance Issues - The company has experienced a prolonged control struggle, with its actual controller changing multiple times over nearly a decade, leading to governance challenges [9][10]. - Following a series of strategic moves, the current controllers, Ke Binglan and his son, have consolidated their control, but the upcoming IPO may dilute their voting power to approximately 20.35%, raising concerns about potential control changes [9][13].

Core Viewpoint - The ongoing debate surrounding pre-prepared dishes (pre-cooked meals) highlights consumer concerns about transparency and quality in the restaurant industry, with a call for responsible figures in the sector to balance operational efficiency and consumer rights [1][10]. Definition and Standards - Pre-prepared dishes are defined as meals made from one or more food products, processed industrially without preservatives, and requiring heating or cooking before consumption [3]. - The regulatory framework mandates that pre-prepared dishes must not contain preservatives and must be maintained through cold chain logistics to ensure safety and freshness [4]. Industry Context - The pre-prepared meal sector addresses challenges in the restaurant industry, such as high rental and labor costs, by providing standardized and efficient food solutions [5]. - The market for pre-prepared dishes in China is projected to reach 617.3 billion yuan by 2025, with a year-on-year growth of 27.3% [7]. Consumer Perception - Consumer acceptance of pre-prepared dishes varies significantly by dining context, with over 50% acceptance in fast-food settings but only 8.8% in high-end restaurants [8]. - The core issue is not the technology behind pre-prepared dishes but rather the lack of regulatory clarity and transparency, leading to consumer resistance [9]. Future Directions - To improve consumer trust, businesses must protect consumer rights and provide clear information about the use of pre-prepared dishes in their offerings [10]. - The establishment of national standards for pre-prepared dishes is underway, which will clarify definitions and regulatory requirements, marking a shift towards a more compliant industry [11]. - The future of the restaurant industry will likely see a coexistence of traditional hand-crafted dishes and pre-prepared options, emphasizing the need for technological integration and robust regulations [12].

Core Viewpoint - Recent penalties imposed on listed companies for fund occupation issues highlight the regulatory authorities' "zero tolerance" stance towards actions that infringe on the interests of listed companies and minority investors [1][7]. Group 1: *ST Lingda's Violations - *ST Lingda was fined 1 million yuan for failing to disclose related party fund occupation of 65.6 million yuan and for unauthorized guarantees totaling 126 million yuan, with responsible individuals fined 4 million yuan [1][3]. - The company had a total of 65.6 million yuan occupied by related parties, accounting for 9.95% of its latest audited net assets, and 126 million yuan in unauthorized guarantees, representing 19.10% of its net assets [4][5]. - The penalties reflect a significant regulatory crackdown, with the company facing multiple disclosure violations, including failure to report production stoppages and risks related to equipment prepayments [4][5]. Group 2: Yangmei Chemical's Violations - Yangmei Chemical was fined 1.5 million yuan for the non-operational occupation of 1.126 billion yuan by its controlling shareholder, which was not disclosed in financial reports [1][7]. - The funds occupied by the controlling shareholder represented 17.74% of Yangmei Chemical's latest audited net assets, and the penalties included fines for both the company and responsible individuals totaling 690,000 yuan [8][9]. - The regulatory response to Yangmei Chemical's violations was swift, with the entire process from investigation to penalty completion taking just over two months [12]. Group 3: Regulatory Efficiency - The regulatory authorities have significantly improved their efficiency in handling fund occupation cases, with the time from investigation to penalty issuance being notably reduced [11][12]. - For instance, *ST Lingda's case took less than 10 months from being filed to receiving the final penalty decision, while Yangmei Chemical's case was resolved in just over two months [11][12]. - This increase in regulatory speed indicates a more proactive approach to enforcing compliance and protecting the interests of investors [10][11].

Core Viewpoint - The company "San Zhi Yang" has resumed its live streaming activities after a year of silence, indicating a potential recovery and strategic shift in its business model, particularly with the launch of its membership-based app "Xiao Yang Zhen Xuan" [1][3][5]. Group 1: Resumption of Live Streaming - On September 15, 2023, "San Zhi Yang" resumed live streaming with its hosts using a matrix format, achieving over 100,000 viewers in the first few minutes [1]. - The hosts indicated that the primary purpose of the live stream was to reconnect with the audience rather than focus on sales [1]. Group 2: Launch of Membership App - In April 2023, "San Zhi Yang" launched the "Xiao Yang Zhen Xuan" app, which operates on a membership model costing 99 yuan per year, offering exclusive discounts and services [2][5]. - The company clarified that the app's launch does not signify a withdrawal from live streaming but aims to enhance product quality and diversify shopping options for consumers [5]. Group 3: Regulatory Issues and Penalties - "San Zhi Yang" faced significant penalties totaling 68.9495 million yuan due to issues related to its live streaming sales, including misleading product origins [6][7]. - The company has been actively working on rectifying these issues, establishing a comprehensive reform team to address various operational aspects [7].

Core Viewpoint - The article discusses the recent market performance, highlighting the impact of the anti-dumping investigation on the semiconductor industry, particularly in the analog chip sector, and the fluctuations in the gold jewelry market due to rising international gold prices. Market Performance - As of the midday close, the Shanghai Composite Index fell by 0.10%, the Shenzhen Component Index decreased by 0.26%, and the ChiNext Index dropped by 0.32% [2][3] - The total trading volume in the Shanghai and Shenzhen markets was 1.5 trillion yuan, a decrease of 25.1 billion yuan compared to the previous trading day, with over 2,800 stocks rising across the market [2][3] Semiconductor Industry - The anti-dumping investigation initiated by the Chinese Ministry of Commerce on U.S. imported analog chips is expected to alleviate price war pressures and improve profitability for domestic manufacturers [9][10] - The investigation focuses on general interface chips and gate driver chips, which are crucial for various electronic applications [9][10] - The U.S. accounts for over 50% of the global production capacity of these chips, with significant price declines impacting local manufacturers [9][10] - The import quantities of the investigated products have shown a continuous upward trend, with imports projected to reach 1.59 billion units by 2024 [10] - Analysts predict that the anti-dumping measures could expand the Chinese market for general interface chips and gate driver chips significantly, with potential market growth of 3.3 to 13.4 times [11] Gold Jewelry Market - The gold jewelry sector experienced a decline, with the gold jewelry index dropping over 2% during trading [12][13] - International gold prices reached new highs, with COMEX gold futures nearing $3,730 per ounce, influencing domestic gold jewelry prices to rise [15][17] - Major brands like Chow Sang Sang and Luk Fook Jewelry have seen their gold prices increase, with Chow Sang Sang's gold jewelry price surpassing 1,090 yuan per gram [17]

近日，围绕"预制菜"的争议持续发酵，引发广泛舆论关注。该事件不仅反映出消费者对食品安 全、知情权和餐饮透明度的日益重视，更折射出中国餐饮行业在工业化、标准化进程中面临的 一些认知与规范挑战。 从本次舆论双方就涉事餐厅是否使用了预制菜的争议来看，双方各执一词、舆论分歧明显。这 场争论虽是一则商业插曲，却具有显著的公共意义，相关讨论推动预制菜议题进入公众视野， 客观上促进了社会对餐饮工业化的理性讨论，也为行业走向规范与透明提供了一次契机。 中国作为全球饮食文化最丰富的国家之一，拥有多样的烹饪方式与地域风味，消费者对"好 吃"和"吃好"的追求始终是餐饮市场的核心驱动力。然而，伴随城市化加速和生活节奏加快， 国民餐饮需求正呈现"双轨并行"态势：一方面追求更高品质、更健康的膳食；另一方面也迫切 需要便捷、高效、经济的就餐解决方案。 当前消费者对预制菜的疑虑，主要集中于两个方面：首先，国家层面尚待建立从原料溯源、加 工工艺到冷链物流和标签标识的全链条标准与监管体系，也缺少涵盖原料筛选、加工工艺、营 养标识的强制性标准体系，这可能会导致一些企业操作空间大。标准与监管体系如果不完善， 消费者对预制菜的安全性、营养水平就会打问 ...