【导读】于东来删除力挺西贝内容，贾国龙再次强调：西贝一道预制菜都没有 中国基金报 综合中国企业家杂志、餐企老板内参、潇湘晨报等 罗永浩吐槽 " 西贝全是预制菜 " 一事仍在发酵。 贾国龙再次强调：西贝一道预制菜都没有 9 月 12 日，西贝餐饮创始人、董事长贾国龙在接受采访时再次强调，西贝一道预制菜都没 有。 贾国龙表示，消费者对预制菜有很多误解，觉得预制菜是洪水猛兽，是黑科技、狠活儿，有 很多添加剂。其实很多预制菜反而一点添加剂都不用，尤其防腐剂，直接通过零下 18 度冷 冻，冷冻锁鲜是最好的技术。 对于预制菜的定义，贾国龙表示，按照国家的标准定义的，在工厂将整道菜全部做熟，做好 封装，送到门店后，用水浴、微波炉或蒸箱加热后就吃，这是预制菜。预制工艺不是预制 菜。所有的菜都需要用到预制工艺，需要提前做，无非是在什么状态、用什么原料、工艺、 调味品做。出餐效率、标准化程度越高的餐饮企业，预制程度越高。 9 月 13 日，罗永浩转发该视频，并配上了一串省略号。 随后，罗永浩转发华与华营销咨询有限公司董事长华杉的微博内容，并称， " 我隐隐地感觉 到贾老板和贾老板的朋友们，是真心想把西贝搞死 " 。 贾国龙表示， ...

Core Viewpoint - The article discusses the expulsion of Li Wenrong from the Communist Party and public office due to severe violations of party discipline and law, emphasizing the importance of integrity and accountability among party members [2][6]. Group 1: Meeting Outcomes - The Yunnan Provincial Standing Committee held an expanded meeting to address the disciplinary actions taken against Li Wenrong, reinforcing the need for loyalty and clean governance among party members [2]. - The meeting called for all party organizations and leaders to learn from this incident, maintain political integrity, and accept supervision [2]. Group 2: Li Wenrong's Background - Li Wenrong, born in October 1962, held various significant positions in Yunnan, including Deputy Governor of Wenshan Prefecture and Mayor of Kunming, before becoming a member of the Yunnan Provincial Standing Committee [4]. - He served as the Deputy Director of the Yunnan Provincial People's Congress before his expulsion [4]. Group 3: Disciplinary Violations - Li Wenrong was found to have lost his ideals and beliefs, failed to implement central policies, and resisted organizational scrutiny [6]. - His violations included accepting inappropriate hospitality, engaging in power-for-money transactions, and leaking confidential information regarding corporate restructuring [6]. - The severity of his actions, which included significant corruption and abuse of power, warranted strict disciplinary measures [6].

当地时间9月11日和12日，朝鲜劳动党总书记、国务委员长金正恩指导了朝鲜国防科学院装甲 防御武器研究所和电子武器研究所工作。 金正恩具体了解了特种复合装甲开发情况和处于最后应用前试验阶段的智能型能动式防护综合 体的反应试验、不同有效的上部攻击防御构筑物设计方案等装甲防御部门研究工作。 金正恩听取了装甲防御武器研究所和坦克设计局共同完成的重要核心技术开发情况。 金正恩高度评价说， 由于成功开发和应用定向型红外线及电波干扰装备、能动式防护综合体和 被动防护手段，朝鲜军队装甲武装力量的战斗力空前加强。 来源：央视新闻客户端、朝中社 金正恩访问了电子武器研究所，了解并指导工作。 金正恩说，未来朝鲜劳动党第九次代表大会将出台国防建设领域核武力和常规武力并举政策。 金正恩表示，期待国防科学院遵循劳动党的强军建设路线，继续带头引领常规武力现代化工 作。 图片来源：朝中社 当天，进行了新型能动式防护系统应对各种反坦克导弹实弹正面、侧面和上部攻击的综合启动 试验。试验实际验证了探测系统和旋转式截击弹发射机的反应性极高，新开发的能动式防护系 统优秀。 果然"炸了"！刚 刚，重磅来了 ...

Core Viewpoint - The public fund market is experiencing a significant reshuffle, with a notable increase in the scale of bank-affiliated stock index funds by 37.9% in the first half of 2025, indicating widespread acceptance and recognition of stock index funds in the market [2][14]. Group 1: Fund Performance and Rankings - Ant Fund leads the market with an equity fund holding scale of 822.9 billion yuan, showing an 11% increase compared to the previous period [4][16]. - China Merchants Bank ranks second with an equity fund holding scale of 492 billion yuan, achieving a remarkable 20% growth [4][16]. - Other top institutions include Tian Tian Fund and Industrial and Commercial Bank of China, with equity fund holdings exceeding 330 billion yuan [4][16]. Group 2: Institutional Growth Trends - The bank-affiliated stock index funds have seen a substantial increase in acceptance, with a 37.9% growth in holding scale, significantly outpacing third-party and brokerage firms [12][14]. - Agricultural Bank of China reported a staggering 169% increase in stock index fund holdings, while Industrial and Commercial Bank and Bank of China also experienced growth rates of 40% [8][14]. - The overall growth of equity funds among the top 100 institutions reached 14.6%, reflecting a broader trend of increasing acceptance of passive investment strategies [14]. Group 3: Market Dynamics - The brokerage sector has shown the largest increase in equity fund holdings, with a growth rate of 6.6%, driven by a client base with a higher risk appetite [10][12]. - The rapid recovery of the stock market has led to increased investment in equity funds, particularly among brokerage clients [10][12]. - The competitive advantage of leading institutions like Ant Fund and China Merchants Bank continues to strengthen, with their sales channels showing superior growth compared to industry averages [8][14].

当地时间9月11日下午，联合国安理会就以色列9月9日空袭卡塔尔首都多哈举行紧急 会议。中国常驻联合国代表傅聪大使在会上表示，公正认可卡塔尔为地区和平付出的 努力，严厉谴责以色列侵犯卡塔尔领土主权、公然破坏实现和平的努力，坚定维护国 际法与《联合国宪章》宗旨。卡塔尔感谢中国基于正义的发声，这是对卡塔尔主权与 安全的有力支持，为动荡的中东地区注入了推动和平的能量。 周 末 大 消 息！刚 刚，利 好 来 了 来源：卡塔尔驻华大使馆 致中国：感谢坚定支持，共护和平正义 卡塔尔向中国在联合国安理会紧急会议上给予卡塔尔的坚定支持与公正立场，致以最 诚挚的感谢。 ...

9 月 8 日，为贯彻落实《推动公募基金高质量发展行动方案》，在北京证监局指导下，北京证券业协会携手北京公募基金管理人、基金销 售机构、基金评价机构及多家主流媒体，以 " 新时代 · 新基金 · 新价值 —— 北京公募基金高质量发展在行动 " 为主题，共同启动 " 北京 公募基金高质量发展系列活动 " ，中加基金积极响应监管号召，以实际行动推动公募基金行业实现高质量发展，全力做好金融 " 五篇大文 章 " 。 9 月 10 日， 2025 年中国国际服务贸易交易会在北京首钢园盛大开幕，本届服贸会主题为 " 数智领航，服贸焕新 " 。中央金融工作会议 将科技金融列为 " 五篇大文章 " 之首，凸显了科技创新在我国现代化建设全局中的重要战略地位，亦明确了金融服务实体经济的重点领域 方向。 中加基金以在基金领域多年的深耕与口碑沉淀，获得了服贸会官方授予的 " 金融服务专题最佳合作伙伴 " 称号，也因身处北京银行的集团 生态体系，获得了更高的起点与视野。中加基金将以此为契机，继续紧跟北京银行集团战略部署，携手并进，以 " 金融之笔 " 书写科技强 国篇章。 智享未来，聚力同行。中加基金将持续聚焦做好金融 " 五篇大文 ...

今年4月，中央第一巡视组进驻安徽省，开展2个半月左右的巡视。 安徽省能源集团有限公司是由安徽省政府出资设立的国有独资公司，成立于1985年11月（前 身是安徽省电力开发总公司，1995年更名为安徽省能源投资总公司，1998年更名为安徽省能 源集团有限公司），注册资本100亿元，是以电力、热力、燃气等能源的生产和销售以及投资 与资产管理（煤炭、物流、金融）作为主业的省属国有能源骨干企业。 严 重 财 务 造 假！强 制 退 市！ 据安徽省纪委监委9月12日消息：安徽省能源集团有限公司原副总经理李波涉嫌严重违纪违 法，目前正接受安徽省纪委监委纪律审查和监察调查。 6月25日消息， 安徽省能源集团有限公司原党委书记、董事长陈翔被查。 来源： 安徽省纪委监委 政事儿 ...

Core Viewpoint - The article discusses the "Automobile Industry Stabilization Growth Work Plan (2025-2026)" issued by eight departments, aiming for a target of approximately 32.3 million vehicle sales in 2025, with a focus on boosting the electric vehicle market and enhancing the overall automotive industry [2][5][10]. Group 1: Main Goals - The plan aims for total vehicle sales of around 32.3 million units in 2025, representing a year-on-year growth of about 3%, with new energy vehicle sales targeted at approximately 15.5 million units, reflecting a growth of about 20% [5][13][35]. - The automotive manufacturing industry's added value is expected to grow by around 6% year-on-year [5][35]. - The industry is projected to maintain a stable and positive development trend in 2026, with further improvements in scale and quality [6][13]. Group 2: Specific Measures - The plan includes measures to expand domestic consumption, improve supply quality, optimize the development environment, and enhance international cooperation [30][12]. - Specific initiatives include promoting the electrification of public vehicles in 25 pilot cities, supporting the replacement of old vehicles, and encouraging the development of smart and connected vehicle technologies [6][18][19]. - The plan emphasizes the importance of technological innovation, standard upgrades, and digital transformation within the automotive sector to stimulate consumer demand and improve product quality [19][20][30]. Group 3: Industry Environment and Challenges - The automotive industry is recognized as a crucial pillar of the national economy, facing challenges such as increasing overseas competition and insufficient effective demand [10][28]. - The plan aims to address these challenges by implementing comprehensive strategies that focus on both supply and demand sides, ensuring a balanced and sustainable growth trajectory for the industry [29][32]. Group 4: Talent and Infrastructure Development - The plan highlights the need for talent cultivation in the new energy vehicle sector, including the establishment of talent databases and collaboration between research institutions and enterprises [8][27]. - Infrastructure improvements, particularly in charging and battery swapping facilities, are also prioritized to support the growth of electric vehicles [21][46].

Core Viewpoint - The revised "Trust Company Management Measures" aims to enhance the regulatory framework for trust companies in China, focusing on risk prevention, capital requirements, and business scope adjustments, effective from January 1, 2026 [2]. Summary by Sections Minimum Capital Requirements and Business Restrictions - The minimum registered capital for trust companies is raised from 300 million RMB to 500 million RMB, requiring a one-time cash payment [5]. - Trust companies must focus on their core responsibilities and adhere to the principle of "seller's responsibility, buyer's risk" while breaking the rigid repayment model [5]. - Several business red lines are established, including prohibitions on guaranteeing asset safety or minimum returns, misleading investors, and engaging in regulatory evasion [5]. Business Structure Reconstruction - The business scope of trust companies is redefined to include only asset service trusts, asset management trusts, and public welfare trusts [8]. - New provisions allow trust companies to apply for liquidity loans from shareholders and the trust industry guarantee fund, while prohibiting external guarantees [8]. - Additional services such as investment consulting and technical services for financial institutions are permitted, while unrelated intermediary services are eliminated [8][9]. Corporate Governance Reforms - The establishment of a specialized committee for the protection of client rights is mandated, led by independent directors [12]. - Trust companies are required to conduct regular evaluations of shareholders and report any violations [12]. - Enhanced management of related party transactions and salary structures is emphasized, including conditions for deferred payments and clawbacks [12]. Risk Management and Compliance - Trust companies must strengthen internal controls and risk management, focusing on compliance and operational risks [13]. - A comprehensive management process for trust business is outlined, covering documentation, legality, risk disclosure, and asset management [13]. - Annual external audits are mandated to ensure compliance across all business areas [13].

【导读】广道数字收到证监会处罚决定书，公司及一众董监高被罚，股票将退市 中国基金报记者 南深 9 月 12 日晚， *ST 广道（即广道数字）公告，公司于 2025 年 9 月 12 日收到中国证监会 《行政处罚决定书》（〔 2025 〕 9 号）。此前，公司因涉嫌信息披露违法违规，于 2024 年 12 月被证监会立案调查。 根据《决定书》，广道数字在 2018 年到 2024 年上半年系统性财务造假，其间营业收入和 营业成本虚增比例高的年份超过 99% 。为此，公司及公司一众董监高、直接责任人被警告， 并被处以 50 万元到 1500 万元不等的罚款，其中公司实控人金文明、董事会秘书赵璐还被 采取终身证券市场禁入措施。 根据《决定书》认定的情况，广道数字已触及《北京证券交易所股票上市规则》重大违法强 制退市情形。 连续七年财务造假 约九成营业收入伪造 经证监会查明，广道数字通过制作虚假购销合同、发票、银行回单、发货通知单及入库单等 方式虚构销售和采购业务，从而虚增营业收入及营业成本。 2018 年至 2024 年上半年，广道数字分别虚增营业收入 1.43 亿元、 1.92 亿元、 2.23 亿 元、 2. ...