文 |《BUG》栏目 罗宁 一块掉落在地的面包，撕开了高端烘焙品牌好利来的品控遮羞布。 近日，有网友在小红书上发帖表示，浙江台州好利来门店店员在搬运整盘面包时失手掉落， 部分面包直接接触地面及顾客鞋面。涉事店员未按食品安全规范废弃污染食品，而是将面包 放回开放式展柜继续售卖，全程被该网友拍摄视频并曝光。次日，门店回应称当事员工为 " 新入职人员 " ，因疏忽 " 忘记丢弃 " 掉地面包，已销毁同批次产品并将约谈员工。好利来 官方客服同步致歉，承诺加强培训。但相关话题引发网友对于好利来食品安全问题的广泛关 注。 《 BUG 》栏目就上述情况致电好利来客服，官方客服回应：经过自查，本批次产品当时门 店现场已全部销毁。食品安全一直是我们坚守的底线，公司始终严令禁止销售残次、污染类 产品 ，对 此次问题的出现，我们深感抱歉与自责。将加强培训，坚决杜绝此类问题再次发 生，始终坚守为消费者提供健康、美味的产品，也衷心感谢您的监督与指正。 但 " 新员工背锅 " 的解释并未平息舆论，不少网友表示，掉地食品不售卖是餐饮行业基本 常识，即便新员工操作失误，也反映出门店日常监管的缺位。行业专家则认为，作为定位中 高端烘焙市场的品 ...

东材科技称，公司于2026年1月27日收到高金技术产业集团有限公司(下称"高金集团")通 知，高金集团于近日收到四川省监察委员会签发的关于 公司实际控制人、副董事长熊海涛 被留置、立案调查的通知书。截至公告披露日，公司未被要求协助调查。 1月27日晚，东材科技（60108）、毅昌科技（002420）、高盟新材（300200）集体公 告，公司实际控制人熊海涛被留置、立案调查。 图片来源：高金富恒集团微信 东材科技表示，公司拥有完善的组织架构和规范的治理体系，将按照《公司法》《上海证券 交易所股票上市规则》《上市公司治理准则》及《公司章程》等法律法规和相关制度进行规 范运作。截至公告披露日，公司其他董事和高级管理人员均正常履职，董事会运作正常，生 产经营管理情况正常，上述事项不会对公司正常生产经营产生重大影响。 同日(1月27日)， 毅昌科技 公告，公司于2026年1月27日收到四川省监察委员会签发的 《立案通知书》和《留置通知书》，公司实际控制人熊海涛被立案调查并实施留置。熊海涛 已于2026年1月26日辞任公司董事、副董事长、提名委员会委员职务，目前未在公司及其 控股子公司担任任何职务。 高盟新材 公告，公司 ...

随着春节假期临近，热门旅游航线机票价格持续走高。1月27日，记者查询多个在线票务平 台发现，春节假期前，北京、成都、武汉、长沙等地飞往三亚的多趟航班，经济舱含税价格 已普遍超过1800元，部分热门时段价格甚至突破4000元。 以无锡飞往三亚的航线为例，2月上旬多趟直飞航班经济舱价格集中在2000元以上，2月12 日更是只剩下公务舱，价格为7000元。 春节前成都飞三亚机票价格 随着票价持续攀升，不少网友在社交平台吐槽"还没到假期就已经飞不起了""单程票价快赶 上以前的往返价"。也有旅客表示，原本查询时机票价格还在1000多元，短短几天内已涨至 接近2000元，只能取消行程，或通过改乘火车、提前请假错峰出行等降低成本。 春节前多地赴三亚机票暴涨 此外，还有成都飞三亚航线，2月上旬多趟直飞航班经济舱价格集中在2000元以上，较平 时明显上涨。 ロカ ¥1592 ¥1400 ¥1629 ¥1801 ¥1610 Hi~ 白银会员 下单立享PLUS体验价 C 联订优惠 完成联订, 券后额外再省¥7起 查看优惠 仅看直飞 大飞机 免费行李 双流机场 天府 选择乘机人▼ 11:20 13:40 *2656 天府T2 凤凰T ...

Core Viewpoint - The article discusses the liquidity crisis faced by the Shenzhen-based gold pricing platform "Jie Wo Rui," highlighting the significant amount of unpaid funds exceeding 10 billion yuan and the operational challenges that have arisen as a result of this situation [2][3][7]. Group 1: Financial Situation - The total unpaid funds reported by investors have surpassed 10 billion yuan, with a preliminary tally indicating an unsettled amount of 246 million yuan [3][7]. - Investors have reported difficulties in withdrawing funds, with many applications being rejected or delayed, leading to a growing queue of over 30,000 people waiting for withdrawals [5][7]. - The platform has implemented new rules limiting daily withdrawal amounts to 500 yuan or 1 gram of gold, which has not alleviated the situation for many investors [7]. Group 2: Company Background - Jie Wo Rui is owned by Shenzhen Jie Wo Rui Jewelry Co., Ltd., established in 2014, primarily engaged in the wholesale of non-ferrous metals and ores [8]. - The company originally operated as a gold raw material trader in the Shui Bei area, sourcing gold from upstream suppliers and supplying it to downstream small merchants [8]. Group 3: Regulatory Response - The Shenzhen Luohu District government has formed a task force to address the operational irregularities of Jie Wo Rui, ensuring that the company fulfills its responsibilities and communicates with investors [9]. - The company has announced plans to apply for asset supervision and has committed to not evading its responsibilities, although the specific resolution plan is still under negotiation [7][9]. Group 4: Operational Risks - Industry experts have pointed out that Jie Wo Rui's operational model, which targets retail investors, lacks adequate risk control mechanisms, leading to significant exposure to financial risks [11]. - The platform's marketing strategies, which include promotions and high-yield incentives, have attracted investors who may not fully understand the risks involved [11]. - The operational model involves separating customer deposits and claiming to hedge risks in overseas markets, which raises concerns about the transparency and verification of these transactions [11][16].

1月26日晚，紫金矿业公告称，公司控股的紫金黄金国际有限公司（以下简称"紫金黄金国 际"，公司持有其85%股权）与Allied Gold Corporation（以下简称"联合黄金"）签署 《安排协议》，紫金黄金国际拟以44加元/股的现金价格，收购联合黄金全部已发行的普通 股，收购对价共计约55亿加元，约合人民币280亿元。 值得注意的是，公告当日，紫金矿业股价盘中创出历史新高，收盘总市值重回万亿元。 公告显示，以联合黄金在多伦多证券交易所的股价为测算基础，本次收购价格较协议签署前 1个交易日（2026年1月23日）收盘价41.75加元/股溢价约5.39%，较协议签署前20个交 易日的加权平均交易价格36.99加元/股溢价约18.95%。 紫金矿业表示，本次收购价格基于对联合黄金旗下资产的充分尽职调查，综合考虑联合黄金 当前股价、市场估值和发展前景，并参考全球同行业可比收购交易价格，经多番谨慎评估及 交易双方充分协商后确定。 据悉，联合黄金是一家总部位于加拿大的黄金矿业公司，于2023年9月在多伦多证券交易 所上市，2025年6月在纽约证券交易所上市，证券代码为AAUC。 联合黄金核心资产包括 在产的马里Sa ...

文 |《BUG》栏目 刘丽丽 星巴克 CEO 被曝薪酬缩水 6500 万美元（折合人民币约 4.5 亿元）。星巴克近日提交的 备案文件显示，公司 CEO 布莱恩·尼科尔 2025 财年总薪酬为 3100 万美元，而 2024 财 年其总薪酬为 9600 万美元。其薪酬大幅缩水和公司股价下跌导致绩效奖金落空有关。 资本市场对星巴克的态度在变。而随着连锁咖啡市场进入"战国时代"，星巴克在中国市场 的份额已从 42% 跌至 14% 。中国消费者在离开星巴克。据多位消费者反映，遭遇店员推 销，大大影响消费感受，甚至目睹疑似赶人的推销。《 BUG 》栏目就此询问北京某星巴克 门店，店员坦言，这种推销的任务一直都有。 而星巴克一直标榜的区别于其他本土咖啡品牌的"第三空间"属性，也在变味，被批评"店里 环境跟菜市场一样"，"椅子坐 10 分钟就开始腰酸背痛"。而星巴克招聘兼职员工的数量在 提升，有门店店员表示，全职员工已多年不招聘。 60% 的股权出售后，星巴克在中国市场会有新的转机吗？分析人士认为，高层减薪、基层 减员，只是最基本的降本增效。"星巴克无论是在中国或全球，成也定位、败也定位，要大 改。" 星巴克员工在推销 ...

Core Viewpoint - The article discusses the evolution of the capital market's pricing logic for Chinese tech assets, particularly focusing on Alibaba's advancements in AI technology and its implications for market perception and valuation [6][7][13]. Group 1: AI Model Advancements - The release of Qwen3-Max-Thinking marks a significant breakthrough, outperforming global models like GPT-5.2 and Gemini 3 Pro in various evaluations, indicating a leap in performance for domestic AI models [8][10]. - The model's innovative "Test-time Scaling" mechanism allows for more efficient reasoning and self-iteration, enhancing its ability to produce intelligent results [9][19]. - Qwen3-Max-Thinking's capabilities include native agent abilities, enabling it to autonomously utilize tools and adjust its actions based on feedback, which enhances reliability for enterprise applications [20]. Group 2: Market Dynamics and Revaluation - The initial market reaction to Chinese AI advancements was characterized as "emotional repair," with investors hesitant to fully embrace the potential for leadership in AI [7][13]. - As technological gaps close, the revaluation of Alibaba's AI capabilities is becoming a matter of "when" rather than "if" [13]. - The shift from a focus on computational power to intelligent reasoning represents a new growth curve for the AI industry, necessitated by the limitations of previous scaling methods [15][17]. Group 3: Open Source and Global Positioning - The Qwen series has established dominance in the open-source AI ecosystem, surpassing Meta's Llama series with over 200,000 derivative models and 1 billion downloads [22][23]. - China's share of global open-source AI model adoption has risen to 17.1%, overtaking the U.S. for the first time, reflecting a significant shift in the geopolitical landscape of AI [25]. - Notably, even Silicon Valley companies are adopting techniques from Qwen, indicating its competitive edge in specific capabilities [26][27]. Group 4: Comprehensive AI Strategy - Alibaba is uniquely positioned as one of the few companies globally with a complete stack of AI capabilities, integrating computing power, model development, and application [31]. - The company has made significant investments in hardware and infrastructure, with plans to allocate over 380 billion yuan for cloud and AI hardware over the next three years [34]. - The Qwen APP has demonstrated commercial potential by evolving from a simple chatbot to a comprehensive AI capable of executing complex tasks, thus expanding the monetization opportunities in AI [34].

1月27日，山西省太原市国资委发布情况通报：近日，有媒体反映太原酒厂董事长涉嫌殴打 他人并被行政拘留的情况。太原酒厂系我委监管企业，我委对此高度重视，已第一时间组织 相关部门召开专题会议，并同步启动核查。经初步核查，该企业负责人荣某锋确因企业货款 纠纷与他人发生冲突，其间存在殴打他人行为。依据相关法律法规及纪律规定，现作出如下 处理意见：一、对涉事企业负责人荣某锋停职检查，后续将根据调查结果，依规依纪依法严 肃追责问责；二、立即责成驻委纪检监察组会同公安部门开展专项调查；三、派出工作组进 驻企业，协助稳定生产经营秩序，确保各项工作安全平稳运行。 近日,有媒体反映太原酒厂董事长涉嫌殴打他人 并被行政拘留的情况。太原酒厂系我委监管企业,我 委对此高度重视,已第一时间组织相关部门召开专题 会议,并同步启动核查。经初步核查,该企业负责人 荣某锋确因企业货款纠纷与他人发生冲突,期间存在 殴打他人行为。 来源： 新黄河客户端 记者刘钊、太原国资 更多财经视频，请关注视频号"新浪财经" 三、派出工作组进驻企业,协助稳定生产经营秩 序,确保各项工作安全平稳运行。 今后,我们将进一步加强国企领导人员日常教育 管理。衷心感谢媒体 ...

Core Viewpoint - After 255 days of suspension, there seems to be a glimmer of hope for the employees of Happy Airlines regarding their unpaid wages, as the company is working to resolve these issues before the upcoming Spring Festival [3]. Group 1: Employee Situation - Many employees of Happy Airlines are relying on part-time jobs to survive, with some driving for ride-hailing services, delivering food, or even acting in short plays due to unpaid wages [4]. - The financial strain has led to an increase in divorce rates among employees, as ongoing financial difficulties cause stress and conflict at home [6]. - One employee reported that the total owed to him in unpaid wages and benefits is approximately 400,000 yuan, while some pilots could be owed over 6 million to 7 million yuan [7]. Group 2: Company Operations and Financial Health - Happy Airlines has accumulated debts exceeding 5 billion yuan, not including the unpaid wages to employees, and has been in search of new strategic investors without success since its suspension [3]. - The company was initially established to operate the domestically produced aircraft, the Xinjou 60, but currently only two of these aircraft are operational [8]. - The company has faced continuous losses, leading to a restructuring by the Xi'an State-owned Assets Management Company in November 2018, which aimed to transition to operating Boeing 737 aircraft [9]. Group 3: Future Prospects and Challenges - A meeting held in September 2025 indicated that if no professional aviation operating company intervenes by the end of the year, the government would seek a company to provide a safety net for Happy Airlines [9]. - However, the outlook for resuming operations appears bleak, with indications that the company may face bankruptcy if no investment is found [11]. - The number of legal disputes involving Happy Airlines surged to 87 in 2025, with 29 being labor disputes, highlighting the company's ongoing financial and operational challenges [12].

2026年伊始，全球金融市场见证了一项历史性纪录的诞生，现货黄金首次突破5100美元/盎司！ 值得注意的是，过去一周，美元迎来2025年6月以来表现最差的一周，美元指数大跌近2%；黄金则斩 获近6年最佳单周表现，涨幅达8.4%，白银涨幅更是达到14.4%。此前美元指数在2025年已大跌 9.5%，创下2017年以来最大年度跌幅，目前仍无止跌迹象。 格陵兰岛危机引发欧洲市场对美国资产的政治风险担忧，进而推动美元指数大幅下跌。据德国媒体近 日报道，有德国议员呼吁联邦政府撤回存放于美国的黄金储备。该议员表示，当前全球不确定性加 剧、美国政策难以预测，德国将约37%的黄金储备存放在纽约的做法，已不再具备合理性。 数十年来，德国在美国纽约市曼哈顿地区的美国联邦储备银行保险库内存了1200多吨黄金储备，按照 当前价格总值上千亿欧元。目前，德国所持黄金中，约一半存在本国金融中心法兰克福的金库，另有 13%存在英国伦敦。 回顾历史，1967年法国中央银行决定，把自己手里的英镑和美元全部兑换成黄金，以抵制美国大肆发 行美元，法国的行为引起欧洲许多国家的仿效，引发了美元危机。4年后的1971年8月，美国总统尼克 松宣布停止承担美 ...