中国电力企业联合会电力装备分会秘书长 蔡义清：我国已经成为世界第一大变压器生产国， 建成了全球最完备的变压器生产体系，具有全产业链自主可控的硬实力，产能约占全球60%。 来源丨央视财经 编辑丨刘雪莹 卤味三巨头半年闭店超5300家 工行紧急提示风险，有品牌金饰克价大跌160元 深圳首个安居房项目开盘当天售罄 SFC 21君荐读 当前，全球AI算力建设进入爆发期，高功率、高稳定的供电成为算力集群的"生命线"，电力设 备变压器正升级为算力基础设施的核心。记者在我国广东、江苏等地调研发现， 大量变压器 工厂已经处于满产的状态，其中部分面向数据中心的业务订单都排到了2027年。 全球AI算力中心的爆发式增长，让变压器成为稀缺资源，美国市场交付周期已经从50周延长至 127周。 广东佛山某电气设备有限公司营销负责人李霞表示，相对欧美的交付周期，我们大约 不到它们的五分之一。目前订单比较充沛，我们希望将海外的营收占比达到50%及以上。 满产的情况也出现在长三角，在江苏的一家变压器工厂，产品订单已经排到2027年底。 变压器订单激增的背后，是算力用电的大幅增长。作为"电力心脏"的变压器肩负重任。在广 东，2025年全省数据 ...

记者丨刘雪莹 万科表示，将全力以赴推进经营改善，通过战略聚焦、规范运作和科技赋能等措施，推动业务 布局优化和结构调整，提升多场景的开发和经营能力，上下凝心聚力，有序地化解风险，摆脱 困境，推动公司早日走出低谷。 （声明：文章内容仅供参考，不构成投资建议。投资者据此操作，风险自担。） SFC 出品 | 2 1财经客户端 2 1世纪经济报道 恰是在王石更新朋友圈当日，1月30日，万科发布2025年度业绩预告。 2025年，万科保质交付 房屋11.7万套，2025年已完成近两年需交付量约70%，交付高峰期已过，后续交付压力将显著 下降。万科预计2025年净利润亏损约820亿元，上年同期亏损约494.78亿元。 编辑丨曾静娇 近日，王石在朋友圈和视频主页更新了最新动态，特意标注间为1月30日，或为回应失联消 息。 工行紧急提示风险，有品牌金饰克价大跌160元 官方明确个人每次挣钱低于1000元不用交增值税 腾讯元宝开撒10亿红包，网友：一大早就被刷屏了 21君荐读 ...

Core Viewpoint - The performance of the "three giants" in the marinated food industry shows a stark contrast, with Huangshanghuang and Zhouheiya experiencing profit growth, while Juewei Foods recorded its first annual loss since its listing [1][3]. Group 1: Company Performance - Huangshanghuang expects a net profit of 70 million to 90 million yuan for 2025, representing a year-on-year growth of 73.57% to 123.16% [2]. - Zhouheiya has not yet released its full-year forecast, but its mid-year report indicates a total revenue of 1.223 billion yuan and a net profit of 108 million yuan for the first half of 2025, marking a significant year-on-year increase of 228.0% [2]. - In contrast, Juewei Foods anticipates a revenue of 5.3 billion to 5.5 billion yuan for 2025, a decline of 12.09% to 15.29% year-on-year, and a net loss of 160 million to 220 million yuan [3]. Group 2: Store Count and Market Dynamics - Juewei Foods had the highest number of stores among the three giants, with 14,969 stores as of mid-2024, but has since closed over 4,000 stores, reducing its count to 10,713 by January 2026 [4]. - Zhouheiya and Huangshanghuang have also been closing stores, with Zhouheiya reducing its count to 2,864 stores and Huangshanghuang closing over 700 stores in the first half of 2025 [4]. - Collectively, the three giants have closed more than 5,300 stores within approximately six months [4].

记者丨朱芷葵 编辑丨曾静娇 2月1日，多家车企陆续公布1月新能源汽车交付数据，绝大多数实现销量同比增长。其中鸿蒙 智行以近5.8万辆的交付量目前暂居榜首，零跑、小米等也交出超过3万辆的成绩。 详情如下： 鸿蒙智行：1月累计交付57915台，同比增长65.6%。其中，问界汽车1月交付40016辆，同比增 长83%。 小米汽车：1月交付量超过39000台。 昊铂埃安：1月销量23591辆，同比增长63.9%。 奕派科技：1月销量21269辆，同比增长145%。 岚图汽车：1月交付10515辆，同比增长31%。 SFC 出品丨21财经客户端 21世纪经济报道 21君荐读 官方明确个人每次挣钱低于1000元不用交增值税 腾讯元宝开撒10亿红包，网友：一大早就被刷屏了 深圳首个安居房项目开盘当天售罄 零跑汽车：1月全系交付达32059台，同比增长27%。 理想汽车：1月交付新车27668辆。 广汽传祺：1月份全系销量达到26937辆，环比增长25.07%，同比增长2.06%。 ...

记者丨曾静娇 唐婧 编辑丨刘雪莹 视频丨许婷婷 国内外贵金属价格剧烈波动，2月1日，工商银行再次紧急发布风险提示。 提示中，工商银行建议投资者在审慎评估自身风险承受能力的基础上，保持理性投资心态，避 免盲目追涨杀跌。建议从中长期视角考虑，坚持分批分散、适度均衡的原则进行投资配置。请 投资者密切关注行情变化，合理控制持仓规模，有效防范市场波动风险。 今年1月份，就在贵金属价格出现剧烈波动前后，已有三家国有大行要求客户在办理相关业务 时需增加风险评测。 1月12日，工商银行要求办理开户、主动积存或新增定投计划的个人客户，需完成风险承 受能力评估、取得C3-平衡型及以上的评估结果并签署风险揭示书方可办理。 农业银行公告自1月30日起，对个人客户参与存金通黄金积存交易时，需取得谨慎型及以 上评估结果。 交通银行公告显示，自1月31日起，客户办理相关业务也有了风险评测要求。 近期多家银行还通过投资起点调整、交易限额调整等手段，进一步提醒投资者注意风险。 建设银行1月30日宣布，2月2日起个人黄金积存定期积存起点上调至1500元，覆盖日均积 存及自选日积存，成为首家将参与门槛提至1500元的国有大行。 受特朗普提名"鹰派 ...

特朗普还告诉媒体，关于格陵兰岛的谈判已经启动。他认为谈判基本达成了一致，并最终会达 成协议。他强调，从国家安全的角度来看，这是一项"非常重要"的协议。 来源丨新华社 编辑丨曾静娇 官方明确个人每次挣钱低于1000元不用交增值税 深圳首个安居房项目开盘当天售罄 腾讯元宝开撒10亿红包，网友：一大早就被刷屏了 SFC 21君荐读 美国总统特朗普1月31日说，美国与委内瑞拉两国领导层的关系非常好，双方将"分享"石油收 益。 特朗普在总统专机"空军一号"上对媒体说，委内瑞拉领导人"做得很好"，"我们将出售大量的 石油，我们会从中获得一部分收益，他们也会获得很大一部分"。 在谈及古巴时，特朗普称古方可能会来寻求同美国谈判，他认为会就此达成协议。 ...

记者丨曾静娇 周潇枭 编辑丨刘雪莹 视频丨王学权 财政部、税务总局发布最新公告，2026年起增值税起征点再次提高，以减轻个人税负。 1月31日，据财政部网站消息，财政部、税务总局公布 《关于增值税法施行后增值税优惠政策 衔接事项的公告》 ，调整了增值税起征点，达不到起征点标准的纳税人不用缴纳增值税。 根据《公告》， 自2026年1月1日至2027年12月31日，小规模纳税人发生应税交易，起征点标 准如下： （一）以一个月为一个计税期间的，起征点为月销售额10万元。以一个季度为一个计税期间 的，起征点为季度销售额30万元。 财政部截图 （二）按次纳税的， 起征点为每次（日）销售额1000元。 一日内发生多次应税交易的，按日 适用起征点标准。 据第一财经，上述增值税按次纳税起征点提高无疑对个人等是一个重大利好。比如专家学者给 高校、企业授课的劳务费，每次或每天低于1000元，将不用缴纳增值税。个人跑外卖、撰稿等 打零工每次（每天）低于1000元，也不用缴纳增值税。 另据新华社报道，国家税务总局制发了《关于起征点标准等增值税征管事项的公告》，就起征 点标准判定、税收优惠政策适用等增值税征管事项作了进一步明确，细化操 ...

Core Viewpoint - The real estate market in Shenzhen is showing signs of recovery, with significant demand for both affordable housing and commercial properties, driven by favorable policies and economic growth [1][3]. Group 1: Affordable Housing Market - The first affordable housing project of the year, Shen Tie Ming Zhu Fang, sold out on its opening day, indicating strong demand [1]. - The project had 181 units available, with 662 qualifying households, resulting in a subscription ratio of approximately 1:3.6, reflecting the high demand from first-time homebuyers for reasonably priced housing [2]. - The overall new and second-hand housing market in Shenzhen saw over 10,000 net signed transactions in January, with second-hand housing transactions increasing by 25% year-on-year and 7% month-on-month [1]. Group 2: Commercial Property Market - In January 2026, the transaction volume of new commercial properties accounted for 35.5% of total new housing transactions, while second-hand commercial properties made up 20.5% of total second-hand transactions, both showing increases compared to the 2022 peak [2]. - Small-sized apartments in prime locations are gaining popularity due to their low entry barriers and high rental yields, with some properties showing rental returns exceeding 4% [2]. Group 3: Policy and Economic Environment - A series of policy incentives have been introduced in early 2026, including a reduction in the value-added tax rate on property transactions from 5% to 3% for properties held for less than two years, and adjustments to commercial property loan requirements [3]. - Shenzhen's GDP grew by 5.5% in 2025, with strong industrial performance contributing to improved employment and income expectations, which is expected to boost real estate demand [3]. - The rental yield in Shenzhen has rebounded to approximately 1.8%, surpassing the annual interest rate of large bank deposits, indicating a favorable investment environment [3].

美国总统特朗普1月31日称，围绕格陵兰岛的谈判已经开始，他认为即将达成一致。 来源丨新华社 编辑丨曾静娇 SFC ...

Core Viewpoint - Tencent has launched a significant cash red envelope campaign through its Yuanbao app, aiming to drive user engagement and enhance its position in the AI sector, reminiscent of its earlier success with WeChat red envelopes during the Spring Festival [1][4][6]. Group 1: Tencent's Red Envelope Strategy - Tencent has initiated a 10 billion cash red envelope campaign via the Yuanbao app, featuring various forms of red envelopes, including cash rewards and shareable envelopes [1]. - The campaign is designed to link multiple Tencent products, including WeChat and QQ, and encourages users to share red envelopes with friends [4]. - This strategy marks a notable investment in user acquisition, reflecting Tencent's commitment to accelerating its presence in the AI market [6]. Group 2: Historical Context and Competitive Landscape - The Spring Festival red envelope battle began with WeChat in 2015, which significantly boosted mobile payment usage through a partnership with the Spring Festival Gala [6]. - Tencent's current investment of 10 billion in cash is seen as a strategic move to replicate past successes and compete effectively in the evolving AI landscape [7]. - Other competitors, such as Baidu, are also engaging in similar promotional activities, indicating a broader trend among tech giants to leverage festive occasions for user engagement [7].