Core Viewpoint - TCL Technology is accelerating the acquisition of minority stakes in high-generation production lines, which is expected to further enhance the net profit attributable to the parent company [2]. Group 1: Acquisition Details - TCL Technology's subsidiary, TCL Huaxing Optoelectronics Technology Co., Ltd., plans to acquire 10.7656% of Shenzhen Huaxing Semiconductor Display Technology Co., Ltd. for 6.045 billion yuan in cash [2]. - After the acquisition, TCL Technology's total control over Shenzhen Huaxing Semiconductor will increase from 84.2105% to 94.9761%, which is anticipated to effectively improve the company's profitability [2]. Group 2: Financial Performance of Shenzhen Huaxing Semiconductor - As of December 31, 2024, Shenzhen Huaxing Semiconductor reported total assets of 68.04 billion yuan and net assets of 44.85 billion yuan, with projected revenue of 24.158 billion yuan and net profit of 2.807 billion yuan for the year [4]. - For the first half of 2025, total assets are expected to be 64.769 billion yuan, net assets at 46.564 billion yuan, with revenue of 12.023 billion yuan and net profit of 1.709 billion yuan [4]. - The asset-liability ratio is gradually decreasing, and the net profit margin is continuously increasing, indicating a strengthening of the asset's profitability and quality [4]. Group 3: Market Trends and Opportunities - The large-size semiconductor display industry is experiencing an optimization in its structure, with a healthy supply-demand relationship and steady growth in demand driven by larger sizes [5]. - The television panel market is entering a stocking peak season as of December, with expectations for panel prices to stabilize [6]. - The upcoming 2026 FIFA World Cup, which will feature an expanded format, is expected to significantly boost demand for large-size television panels, benefiting Shenzhen Huaxing Semiconductor [6]. - Completing the acquisition of high-generation production lines before a surge in demand for large-size display products is seen as a strategic move to secure substantial profits [6].

les & FR 点击下载中国基金报客户端 ■ 中国基金报内容矩阵 ■ 巅峰对话 投资热点说 ETF风向标 IPO情报站 fe o 1 ■ a a - 444 and 4 4 CHINAFUND CHINAFUND CHINAFUND CHINAFUND 开盘速递 港股日报 全球早班车 数说人物 √ � [ 8 a 4 a g a d 4 4 4 CHINAFUND CHINAFUND CHINAFUND CHINAFUND ●微信搜一搜( 〔 〔 中国基金报 〕即刻获取财经资讯 记者12月15日从 工业和信息化部 获悉，根据有关规定，经受理、审查、公示等程序， 工业 和信息化部 附条件许可了两家汽车企业提交的搭载L3级有条件自动驾驶功能的智能网联汽车 产品准入申请。 据悉，两款产品分别是长安牌SC7000AAARBEV型纯电动轿车，可以实现在交通拥堵环境下 高速公路和城市快速路单车道内的自动驾驶功能，目前该功能仅限在重庆市内环快速路、新 内环快速路（高滩岩立交—赖家桥立交）及渝都大道（人和立交—机场立交）等路段开启； 极狐牌BJ7001A61NBEV型纯电动轿车，可以实现高速公路和城市快速路单车道内的自动驾 ...

【 导读 】泉州银行行长李明钦任职资格获批，资产质量问题仍未明显改善 据悉，今年7月，泉州市人民政府发布通知，鉴于林阳发已达到退休年龄，免去其泉州银行董事长职务。同时，泉州市人民政府提名江文鹏 为泉州银行董事长人选，江文鹏不再担任泉州银行行长职务。10月9日，江文鹏任泉州银行董事长的任职资格正式获得监管批复。至此之 后，泉州银行行长一职便处于"空缺"状态。 李明钦泉州银行行长资格获批 福建金融监管局批复公告显示，核准李明钦泉州银行董事、行长的任职资格。同时，该局要求，上述核准任职资格人员严格遵守金融监管 总局有关监管规定，自行政许可决定作出之日起3个月内到任，并按要求及时报告到任情况。 从过往履历来看，泉州银行的新任行长李明钦具备较为丰富的银行从业经验，其曾历任农业银行泉州分行副行长、华夏银行福州分行副行 长等职务。 李明钦获批出任泉州银行行长，意味着该行核心高管层再次迎来调整。 简历显示，江文鹏历任平安银行泉州分行副行长、广发银行泉州分行行长；2023年5月受聘担任泉州银行行长（试用期一年），同年8月其 董事、行长任职资格获得监管核准。 前三季度归母净利润下滑超23% 中国基金报记者 嘉合 12月15日，福 ...

Core Viewpoint - The company Baina Qiancheng plans to acquire 100% equity of Zhonglian Century, marking a significant shift towards the AI sector amid declining performance in its traditional media business [2][8]. Group 1: Acquisition Details - Baina Qiancheng announced on December 15 that it is planning to issue shares and pay cash to acquire Zhonglian Century and raise supporting funds [2]. - The transaction is expected to constitute a major asset restructuring, with the company's stock suspended from trading starting December 16, pending the disclosure of the transaction plan within 10 trading days [3]. - The company has signed a letter of intent for the equity acquisition with some major counterparties and is currently in discussions with the shareholders of Zhonglian Century [5]. Group 2: Zhonglian Century Overview - Zhonglian Century, established in 2013, is an AI and big data-driven technology company headquartered in Xiamen, with branches in multiple locations including Beijing, Hong Kong, and Thailand [5]. - The company has developed a comprehensive suite of services in AI applications and digital marketing, serving over 3,000 clients across various industries such as telecommunications, finance, and e-commerce [5]. Group 3: Baina Qiancheng's Business Performance - Baina Qiancheng, formerly a media giant, has seen significant declines in its traditional film and television business, with film revenue dropping to 16.08 million yuan, a 70.68% decrease year-on-year, accounting for less than 12% of total revenue [9][10]. - The company has attempted multiple business transformations, including ventures into cultural tourism, marketing, and IP operations, but has not seen positive results in terms of performance [11]. - For the first three quarters of 2025, the company reported a revenue of 177 million yuan, a 73.43% decline year-on-year, and a net profit loss of 67.54 million yuan, indicating worsening financial conditions [12][14].

Core Viewpoint - The article discusses the leadership change at Dongfang Caifu, a major player in the internet finance sector, with Huang Jianhai replacing Zheng Likun as the general manager while Zheng continues as chairman of Dongfang Caifu Securities [2][4]. Group 1: Leadership Change - Zheng Likun has stepped down as the general manager of Dongfang Caifu, with Huang Jianhai, the former financial director and secretary of the board, taking over the role [2][4]. - Huang Jianhai has a strong educational background, holding an MBA from Harvard Business School and has previously worked at notable firms such as PwC, Merrill Lynch, and Lehman Brothers [5]. Group 2: Organizational Restructuring - Dongfang Caifu has announced a restructuring of its organizational framework, eliminating the supervisory board and compliance director positions, and merging some functions into the audit committee [7]. - The company aims to create a more agile organization by reducing management layers and empowering product and operational teams, aligning with user demand [7]. Group 3: Strategic Focus - The company plans to deepen its "AI + Finance" strategy, leveraging technology to enhance its competitive service system [7]. - The restructuring is seen as a move to better align with the company's strategic goals and to foster innovation in financial services [7]. Group 4: Shareholder Activity - There have been significant share transfers involving the actual controller's family, with over 9 billion yuan in shares being sold this year, indicating a shift towards investing in technology startups [8]. Group 5: Market Performance - On December 15, Dongfang Caifu's stock price fell by 0.74%, closing at 22.85 yuan, with a total market capitalization of 361.1 billion yuan [9].

Core Viewpoint - Muxi Co., Ltd. is set to be listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on December 17, 2025, marking another significant entry of a domestic GPU leader into the A-share market [2]. Group 1: IPO Details - Muxi Co., Ltd. will issue approximately 40.1 million shares at a price of 104.66 CNY per share, resulting in a total market capitalization of approximately 41.874 billion CNY post-IPO [4]. - The issuance price corresponds to a diluted price-to-sales ratio of 56.35 times for 2024, which is lower than the average of comparable companies in the industry [4]. Group 2: Financial Projections - The total amount raised from the public offering is expected to be 4.197 billion CNY, with a net amount of 3.899 billion CNY after deducting issuance costs of 298 million CNY [5]. - The funds will be allocated to the development and industrialization of new high-performance general-purpose GPUs, next-generation AI inference GPUs, and high-performance GPU technology for emerging applications [5]. Group 3: Company Performance and Market Outlook - Muxi Co., Ltd. anticipates achieving revenue between 1.5 billion CNY and 1.98 billion CNY in 2025, representing a growth of 101.86% to 166.46% compared to 2024 [6][8]. - The net loss attributable to shareholders is projected to be between 763 million CNY and 527 million CNY, indicating a reduction in losses by 45.84% to 62.59% compared to 2024 [6][8]. - The company expects to reach breakeven by 2026 based on current market demand and performance metrics [6]. Group 4: Industry Context - Muxi Co., Ltd. is recognized as a leading domestic player in high-performance general-purpose GPU products, focusing on self-developed full-stack GPU chips and computing platforms [5]. - The recent IPO of another domestic GPU leader, Moore Threads, saw a significant stock price increase, highlighting the strong market interest in GPU companies [9].

Group 1 - The article discusses the current La Niña phenomenon, which indicates a significant cooling of sea surface temperatures in the eastern and central equatorial Pacific, with China entering a La Niña state as of October this year [2][3]. - La Niña status is defined by the NINO 3.4 index falling below -0.5°C, while a La Niña event requires this condition to persist for five consecutive months [5][6]. - The article highlights that La Niña can lead to increased climate anomalies, with historical occurrences of "double La Niña" events noted in 2000, 2011, and 2021, which have been linked to extreme weather patterns [7]. Group 2 - Experts predict that while a double La Niña event is unlikely this winter, the ongoing La Niña status may still influence China's climate, particularly with a higher probability of reduced precipitation in southern regions [8][10]. - The article mentions that La Niña is often associated with colder winters, but this year may not follow that trend, as the overall temperature is expected to be close to or slightly above normal, with significant fluctuations [11]. - The potential for winter-spring droughts in eastern and southern China is highlighted, with predictions of increased cold air activity leading to temperature swings [10][11].

来源：深圳发布 中央纪委国家监委 政事儿 中央纪委国家监委网站12月15日消息，广东省深圳市政协原党组书记、主席戴北方涉嫌严重违纪违法， 目前正接受中央纪委国家监委纪律审查和监察调查。 公开简历显示，戴北方，男，1956年8月生，汉族，广东惠阳人，1975年12月加入中国共产党，1973年8 月参加工作，学历在职研究生(上海交通大学工商管理专业)，硕士。 他曾任深圳市政协秘书长、党组成员、办公厅主任，盐田区委书记，区人大常委会主任、党组书记，深 圳市委常委、市委宣传部部长，深圳市委常委、市委秘书长、市委办公厅主任，深圳市委常委、组织部 部长，深圳市委副书记等职。 2015年，戴北方任深圳市政协 党组书记、 主席，2020年卸任，至此番被查。 深圳发布消息，12月15日，深圳市委常委会召开会议，通报戴北方涉嫌严重违纪违法，目前 正接受中央纪委国家监委纪律审查和监察调查。市委书记孟凡利主持会议。 与会同志一致表 示，坚决拥护党中央决定，坚决拥护中央纪委国家监委决定。 会议指出，中央纪委国家监委对戴北方涉嫌严重违纪违法进行纪律审查和监察调查，充分彰 显了以习近平同志为核心的党中央坚定不移推进全面从严治党、把党的自我 ...

【导读】扫地机器人 鼻祖破产，股价暴跌触发熔断 中国基金报记者 泰勒 大家好，美国 扫地机器人鼻祖宣告破产，股价盘前直线崩跌超过70%。美股正式开盘之后，维持跌势，并且触发了熔断机制，总市值仅剩下 3亿元人民币。 iRobot表示，公司今年3月曾对持续经营能力提出担忧；此次在美国特拉华州破产法院申请《破产法》第11章保护，原因是面临来自低价竞争 对手的挤压，以及新增美国关税带来的冲击。 iRobot2024年总营收约6.82亿美元，但利润被竞争显著侵蚀，主要压力来自科沃斯等中国对手。尽管iRobot在美国、日本等核心市场仍保持领 先地位，但竞争迫使其降价，并为技术升级投入大量资金——这些内容在其提交给破产法院的文件中均有说明。 美国新关税同样对公司造成伤害，尤其是针对越南进口产品的46%关税。iRobot在越南生产面向美国市场的扫地机。法院文件显示，关税在 2025年推高了公司约2300万美元成本，同时也让公司更难制定长期规划。 这家公司曾是亚马逊14亿美元收购案的目标，但该交易最终受阻。iRobot 目前约有1.9亿美元债务，主要源自2023年的一笔贷款——公司用该 贷款为经营再融资，而欧洲的竞争调查拖延了 ...

来源：澎湃新闻 12月15日，有网传消息称，浙江杭州小米下沙交付中心发生事故，一名第一天提车的小米YU7车 主撞倒了销售人员。 当天晚间，据小米内部知情人士向澎湃新闻记者表示，事故当时， 小米汽车处于人驾而非智驾状 态，在狭窄过道倒车时，误把电门踏板当成刹车踏板深踩导致碰撞到车后行人。 警方和120救护 车迅速赶到现场，并将伤者转移，目前事故还在进一步调查处理中。 此前媒体向杭州市交警支队求证，对方表示，小米下沙交付中心确实有发生交通事故，对于当事 人是否当场身亡，由于目前事故正在按照法律程序处置中，不方便透露进一步的信息。 300291，重大资产 重组！明起停牌 ...