记者丨毕凤至 刘雪莹 编辑丨叶映橙 陈思颖 近日，"罗永浩发文吐槽西贝预制菜"一事引发关注。今天（9月12日）， "罗永浩悬赏10万征 集西贝预制菜线索" 抢占微博热搜头条位置。 今天罗永浩再发微博称：这么多年来，我一直是一个有争议的人， 但这一次我看到的网络舆 情是90%多的人都在骂西贝，骂我的连10%都不到。难道那些讨厌我的人突然喜欢了我不成？ 很多网友已经指出了真实的原因 ： 天下苦预制菜不透明久矣。 希望这一次的事件，能够推动 中国预制菜相关立法尽快实现，再强调一遍，我不反对预制菜，我的终极诉求只是让消费者获 得知情权。 据澎湃新闻报道，有接近罗永浩的人士表示：" 在大家看来，中央厨房、食品工厂出来的菜都 是预制菜。 而且网上有证据表明，西贝的中央厨房部分的菜品就是采购的工厂预制菜，贾国 龙已经犯了'众怒'。" 西贝上线"罗永浩套餐" 西贝宣布将从今日（9月12日）起，在全国所有门店上线"罗永浩菜单"。贾国龙澄清，这不是 一个固定的套餐，而是罗永浩点过的菜品列表，消费者可以任意点选。西贝为此提供了两大承 诺：第一，"不好吃，不要钱"，顾客可以随时退单；第二，欢迎顾客随时进入后厨，参观任何 一道菜的制作 ...

见习记者丨张旭 编辑丨周上祺 第二十五届中国国际投资贸易洽谈会（以下简称投洽会）于9月8日至11日在厦门举办。今年投 洽会以"携手中国 投资未来"为主题，聚焦促进新质生产力发展，集中展示了数字技术、绿色 低碳、新能源等新兴领域的创新技术和优质项目。 作为以双向投资促进开放合作的重要平台，本届投洽会吸引了超过100个国家和地区、11个国 际组织的代表团报名参会。 一边是外资不断加码中国，并将中国视为创新中心，将创新成果输出到全球各地；另一边是中 国企业出海进程加快，为全球带来新的机遇。 对外经贸大学国际经贸学院教授崔凡向21世纪经济报道记者表示，从本届投洽会来看，无 论 是"世界投资中国"，还是"中国投资世界"，高科技产业、数字经济相关的部分都在不断上升。 投资中国，与创新同行 投洽会上，中英系列投资交流活动、民营企业与全球500强高管对话、优质上市公司路演等在 内的70多场投资专题活动和100多场专题路演百花齐放，不断放大"投资中国"的吸引力。 费森尤斯集团成立于1912年，是全球领先的医疗保健公司。早在2007年，费森尤斯就在江苏 常熟投资建设了中国首个、也是亚太地区最大规模的生产线，后来还在上海建立了独立 ...

Core Viewpoint - The article discusses the rapid rise of integrated hydrogen and ammonia projects in the renewable energy sector, particularly focusing on the investments made by Goldwind Technology in wind power and green hydrogen production, highlighting the potential of green ammonia and methanol as alternative fuels and chemical feedstocks [2][3][9]. Group 1: Investment Projects - Goldwind Technology plans to invest approximately 18.92 billion yuan in the Bayannur project, which will have a total capacity of 3 GW of wind power, with over 80% of the generated electricity used for electrolysis to produce green hydrogen, resulting in an annual production of 600,000 tons of green methanol and 400,000 tons of green ammonia [3][4]. - The company has previously invested in the Xingan League project, which is recognized as the world's largest wind-to-green methanol project, and is also involved in the largest integrated green hydrogen and methanol project globally, the Zhongnengjian Songyuan Hydrogen Energy Industrial Park [2][3]. Group 2: Market Dynamics - As of now, over 800 green hydrogen and methanol projects have been signed or registered in China, with the planned total production capacity for green methanol projects nearing 60 million tons per year [2][11]. - The demand for renewable energy and the development of green hydrogen technology, along with supportive policies, are driving the growth of hydrogen and methanol integration projects [9][10]. Group 3: Economic Considerations - Despite the promising outlook, the economic viability of hydrogen and methanol production remains a challenge due to high costs associated with green hydrogen production [11]. - Analysts suggest that 2030 will be a critical turning point for hydrogen and methanol integration, with expectations that the cost of green hydrogen will drop below 10 yuan per kilogram, significantly enhancing the economic feasibility of these projects [11].

在外卖补贴推动下，瑞幸二季度营收同比增长47.1%123.6亿元，远远甩开了星巴克。同期， 瑞幸归母净利润同比增长43.6%至12.5亿元。甚至，在规模扩张下，瑞幸同店销售还在增长。 二季度，瑞幸直营门店同店销售增长达到13.4%，其中杯量增长是主要驱动因素。 9月11日，据媒体报道，凯雷、殷拓、红杉中国、博裕资本正在准备对星巴克中国业务的控股 权提出最终报价。星巴克已要求它们在10月初之前提交具有约束力的投标，其中一位"消息人 士"补充说下个月底可能会达成协议。 此外，星巴克近期已决定将其中国业务的控制权出售给最终买家，具体持股规模尚未披 露。最后一轮竞标者还包括春华资本，它可能会与四家主要竞标者之一合作。 同时， 星巴克寻求保留其在华咖啡豆烘焙工厂的控制权 ，以控制好质量。交易结构的条款， 包括出售股份的规模，仍可协商。星巴克表示将继续持有中国业务的相当一部分股份。 事实上，星巴克中国出售如此走向已有脉络。 此前几天，星巴克首席执行官倪睿安（Brian Niccol）在接受媒体专访时透露，星巴克正在努 力寻找合适的合作伙伴，以便其能够发展壮大，抓住未来开2万家甚至3万家店的机会。 "我们正在对超过20个有 ...

Core Viewpoint - Recent rumors about former OpenAI researcher Yao Shunyu joining Tencent with a salary exceeding 100 million have been officially denied by Tencent, labeling the reports as false [1][2][3]. Group 1: Yao Shunyu's Background - Yao Shunyu graduated from Tsinghua University and holds a PhD in Computer Science from Princeton University, joining OpenAI in 2024 [4]. - He was recognized as one of the "Innovators Under 35" in the China region by MIT Technology Review, being the youngest at 27 years old [4]. - Yao is a key contributor to OpenAI's early research, particularly in the development of language agents [4]. Group 2: Contributions to AI - Yao Shunyu proposed the ReAct method, which integrates reasoning and action in the development of language agents, establishing a foundational approach for creating versatile and scalable AI systems [5]. - The core idea of ReAct is to enable large language models to perform internal reasoning before making decisions, enhancing model controllability and expanding applicability across various fields [5]. - ReAct has become a mainstream method for constructing language agents, widely adopted in both academia and industry [5].

Market Overview - A-shares showed a mixed performance on September 12, with the Shanghai Composite Index rising and breaking the previous high of 3888.60 points set on August 26, marking the highest level since August 19, 2015 [1][2] - The Shanghai Composite Index closed up 0.24% at 3884.71, while the Shenzhen Component Index rose 0.15% to 12999.45, and the ChiNext Index fell 0.52% to 3037.83 [2] Trading Volume - The total trading volume in the Shanghai and Shenzhen markets exceeded 1.6 trillion yuan, with over 3000 stocks declining [1][2] Sector Performance - The non-ferrous metals and storage chip sectors performed strongly, with Northern Copper and Yunnan Copper seeing significant gains [2] - The basic metals index rose by 2.37%, with aluminum and copper prices reaching near six-month highs [3][2] Storage Chip Sector - The storage chip sector showed strong performance, with stocks like Demingli and Dongxin shares hitting the daily limit, and Zhaoyi Innovation and Wanrun Technology also gaining [5][6] - Kioxia announced a partnership with NVIDIA to develop a new type of SSD that is nearly 100 times faster than traditional SSDs [5] AI Cloud Market - The AI cloud market in China is projected to reach 22.3 billion yuan by mid-2025, with Alibaba Cloud holding a 35.8% market share, surpassing the combined share of the second to fourth players [5] CPO and Solid-State Battery Sectors - The CPO sector continued to adjust, with stocks like Xinyi Sheng and Tianfu Communication experiencing declines [7] - Solid-state battery stocks also faced adjustments, with companies like Xian Dao Intelligent and Nandu Power seeing significant drops [7]

Core Viewpoint - The investment banking sector is experiencing a recovery with significant internal differentiation, as evidenced by a reduction in the number of loss-making firms and a notable performance improvement among leading brokerages [1][4]. Group 1: Profitability Trends - The number of brokerages reporting losses in investment banking has decreased from 20 in 2024 to only 10 in 2025, indicating a significant improvement in profitability [1][4]. - Leading brokerages such as CICC and CITIC Securities have turned losses into profits, with CICC's investment banking revenue soaring by 149.70% year-on-year, reaching 1.445 billion yuan [1][10]. - Despite the overall improvement, some brokerages, including Guojin Securities and Zhongtai Securities, have reported substantial losses, with Guojin Securities losing 98.07 million yuan [1][5]. Group 2: Market Shifts - In response to the changing IPO landscape in the A-share market, leading brokerages are increasingly focusing on the Hong Kong market, with CICC International achieving a substantial underwriting scale of 22.582 billion yuan in the first eight months of the year [2][11]. - The competitive environment in the Hong Kong market has led to a decline in profit margins for many brokerages, with average profit margins dropping to around 20%, significantly lower than the pre-"827 New Policy" levels of over 50% [2][13]. Group 3: Performance of Specific Brokerages - CICC has shown remarkable recovery, with its investment banking profit reaching 276 million yuan in the first half of the year, a significant turnaround from a loss of 784 million yuan in the previous year [10][11]. - Guojin Securities, despite high revenue of 377 million yuan, has seen its losses expand to 98.07 million yuan, highlighting the challenges faced by some brokerages in the current market [5][7]. - Zhongtai Securities has also experienced a shift from profit to loss, with a reported loss of 37.59 million yuan in the first half of 2025, down from a profit of 139 million yuan in the same period last year [4][5]. Group 4: Competitive Landscape - The competitive landscape in the Hong Kong IPO market is intensifying, with domestic brokerages capturing four of the top five spots in underwriting amounts, showcasing their growing competitiveness [2][16]. - The shift in focus towards the Hong Kong market has led to increased collaboration between A-share and Hong Kong brokers, as they work together to secure IPOs for companies looking to list in Hong Kong [14][15].

Core Viewpoint - The article emphasizes the strategic deployment of expanding domestic demand through consumption and investment efficiency, highlighting the role of financial institutions in promoting consumption and improving residents' quality of life [1][8]. Financial Support for Consumption - In June, the People's Bank of China and six departments issued guidelines to support consumption, outlining 19 key measures to enhance financial services in the consumption sector [1]. - The focus is on key consumption areas such as wholesale retail, accommodation, dining, entertainment, tourism, education, and resident services, signaling a recovery in the consumption market [1]. "Most Red Friday" Campaign - The "Most Red Friday" campaign by Bank of Communications has been a marketing initiative for 15 years, becoming a ritual for weekend consumption since 2010 [2]. - The campaign has been upgraded to include a "Direct Access" feature, allowing cardholders to participate in exclusive offers and promotions every Friday, enhancing customer engagement [2][3]. "Hundred Counties, Ten Thousand Stores" Initiative - The "Hundred Counties, Ten Thousand Stores" initiative targets third and fourth-tier cities, aiming to stimulate local consumption and reduce costs for residents [5]. - The initiative has reached nearly 100 counties, providing a one-stop discount chain for essential consumer goods and services, thus supporting the upgrade of consumption in these areas [5][6]. Digital Ecosystem and Differentiated Services - The Bank of Communications is leveraging digital ecosystems and differentiated services to enhance its role in promoting consumption and expanding the financial ecosystem [8]. - The bank's efforts are aimed at activating consumer credit and meeting diverse customer needs across different regions [8].

中国7月用电量超过1万亿度，创造人类纪录！今天我们来聊一个看似平常却也极为关键的话 题：电。 而中国，自2021年经历短暂限电阵痛后，用四年时间彻底重构了一套既保供应、又促转型的电 力体系，一个前所未有的"电力强国"正在崛起。 让我们从几个数字开始感受一下这个"强国"有多强。 从2013年到2023年，中国全社会用电量连续跨越5万亿、6万亿、7万亿、8万亿、9万亿千 瓦时五大台阶。而2025年，这个数字将历史性突破10万亿千瓦时——相当于美国、印度、 日本三国用电量的总和。 在装机容量上，截至2025年5月，中国发电总装机容量突破36.1亿千瓦，同比增长18.8%。 这其中，可再生能源装机占比已达57.9%，光伏单月新增装机破900万千瓦，创全球纪 录。 与欧洲不同，中国走的是"多元耦合"之路，来看我们的能源结构： 煤电仍是压舱石，但角色已从主力发电转向调节性和支撑性电源； 风电、光伏成为新增主力，发电占比持续提升； 储能+特高压构成关键基础设施：储能解决波动性问题，特高压则实现"西电东送""北电南 供"，将能源从资源区精准调度至负荷区。 今年夏天，中国电网迎来了一场极端考验：全国最大电力负荷四次刷新历史纪录 ...

Core Viewpoint - The article highlights the significant advancements in fish farming in Zhongshan, Guangdong, particularly focusing on the production of "Crispy Fish" (脆肉鲩), which has seen a steady increase in yield and value due to improved animal nutrition techniques and smart farming practices [1][3]. Group 1: Production and Yield - Zhongshan is a key area for aquaculture in China, with a notable production of "Crispy Fish" that not only serves the domestic market but also exports internationally [1]. - Fish farmers in Zhongshan have achieved an average yield of over 7,000 pounds per acre, with some farms reporting yields exceeding 8,000 pounds per acre through high-density farming practices [3][9]. - The region has developed a detailed production chain for grass carp, with specific areas dedicated to different growth stages, ensuring a steady supply of quality fish [3]. Group 2: Nutritional Management - The nutritional needs of grass carp vary significantly at different growth stages, necessitating precise control over feed composition to optimize growth and minimize costs [3][4]. - Advanced data analytics and IoT technology are employed to monitor pond conditions and adjust feeding strategies dynamically, leading to a reduction in feed costs by 15%-20% and minimizing environmental impact [4][5]. Group 3: Innovative Farming Models - The introduction of high-end puffed feed combined with high-density farming has provided new pathways for efficiency and profitability in grass carp farming [6][7]. - Farmers are utilizing a selective breeding approach to convert standard grass carp into "Crispy Fish," enhancing market value and profitability [7][9]. Group 4: Comprehensive Support Systems - A full-chain service system has been established to support farmers, addressing common challenges in technology, product availability, and market access [10]. - The integration of resources from seedling cultivation to feed production and fish sales has created a robust aquaculture industry in Zhongshan, enabling thousands of farmers to benefit from technological advancements [10].