Core Viewpoint - The founder of Xibei, Jia Guolong, has expressed a strong intention to sue Luo Yonghao for alleged harm caused by his comments regarding the restaurant's food quality and pricing, emphasizing that Luo's behavior exceeds that of a normal consumer [2][3]. Group 1: Legal Action and Consumer Behavior - Jia Guolong stated, "We will definitely sue him," highlighting the significant damage caused by Luo's remarks [3]. - He differentiated between Luo's role as a consumer and his actions as a blogger, arguing that Luo's behavior has crossed the line of normal consumer feedback [3]. - Jia emphasized that Xibei has a robust feedback and compensation mechanism for dissatisfied customers, which Luo did not utilize [3]. Group 2: Pricing and Value Proposition - Jia Guolong defended Xibei against claims of being overpriced, calling it the "biggest injustice" in the Chinese restaurant industry in recent years [4]. - He revealed that Luo's group of five spent 830 yuan for 15 dishes, asserting that Xibei's pricing is reasonable [4]. - To address consumer concerns, Xibei announced the launch of a "Luo Yonghao Menu," allowing customers to order dishes previously selected by Luo, with a promise of satisfaction guarantees [4]. Group 3: Response from Luo Yonghao - Luo Yonghao responded to the news of the lawsuit via Weibo, indicating a willingness to face the legal challenge [5]. - He criticized the quality of the food at Xibei, suggesting that it tasted like reheated pre-made dishes, which he found unacceptable [10].

【导读】芯原股份拟收购芯来科技97.007%股权， 预计 构成重大资产重组，9月12日复牌 中国基金报记者 闻言 9月11日晚间，芯原股份 发布交易预案称， 公司拟通过发行股份及支付现金方式，收购芯来智融半导体科技（上海）有限公司（以下简称 芯来科技）97.007% 的 股权，并募集配套资金，预计构成重大资产重组。 芯来科技是国内首批基于RISC-V开放指令集架构打造应用生态的企业之一，而RISC-V是一种基于精简指令集原则的开放指令集架构。随 着AI应用的驱动，中国的RISC-V产业迎来显著的发展机遇。 芯原股份发布的公告称，公司通过 本次交易将构建开放的RISC-V硬件平台，打造开源的RISC-V软件生态，推动RISC-V生态体系在中国 市场 快速发展。 针 对 上 述 交 易，芯 原 股 份 自 8 月 2 9 日 开 市 起 停 牌，计 划 自 9 月 1 2 日 开 市 起 复 牌 。 截 至 8 月 2 8 日 收 盘，芯 原 股 份 报 1 5 3 元 / 股，总 市 值 为 8 0 4.3 亿 元 。 交易对方包含小米产投 芯原股份回应近期股价波动 交易预案显示，芯原股份拟收购芯来科技97.0 ...

【 导读 】国际金价持续上涨，多家理财子公司密集"上架"黄金理财 中国基金报记者 马嘉昕 在业内人士看来，受市场投资与避险需求的双重推动，国际金价中长期仍处于震荡上行通 道。当前，理财子公司参与黄金业务的公司数量还较少，预计未来会有更多公司参与，并探 索更多黄金配置策略，相关"黄金+"理财产品的发行节奏也将明显加快。 黄金理财发行"热潮"再现 趁着国际金价持续上涨，黄金理财发行"热潮"再现。 9月3日，招银理财发布产品成立公告，招银理财招睿焦点联动黄金5号固收类理财计划于9月 2日成立，挂钩标的为SGE黄金9999。此前，8月中旬，招银理财已发行了一只挂钩黄金的理 财产品。 9月4日，光大理财阳光青臻盈7期（黄金挂钩策略）固定收益类理财产品也进入募集期。 中国理财网信息显示，截至9月11日，名称含有"黄金"的存续理财产品共有48只。其中，银 行理财子公司存续的黄金理财有17只，14只产品于年内发行。 银行理财产品配置黄金的方式主要有两种：一种是"固收+"类理财产品，"+"的资产主要与黄 金有关。如黄金ETF，其投资比例按规定要在10%以内，一般在5%左右。另一种是与黄金标 的挂钩的结构化理财产品，主要投资黄金 ...

【导读】以"长期主义"为笔，公募基金行业勾勒高质量发展新蓝图 2025年5月，证监会印发《推动公募基金高质量发展行动方案》（以下简称《行动方 案》），明确提出"强化核心投研能力建设"等要求，为行业破解发展痛点、锚定长期主义方 向提供了根本遵循。 在践行高质量发展的过程中，各家公募深刻认识到：长期主义是公募基金行业行稳致远的必 然选择，而投研一体化、平台化则是将长期主义从理念转化为实践的"桥梁"。 在投资端，易方达基金秉持"深度研究驱动，时间沉淀价值"理念，打造自主培养的投研团 队，强调过程和闭环管理，完善长效激励机制，考核偏重长期业绩等指标。 工银瑞信基金以投研能力建设为基石，推进"平台型、团队制、一体化、多策略"投研体系建 设，将长期主义融入公司各方面。 中国基金报记者 李树超 一、 向投资者提供长期稳健回报，是公募基金行业的目标和使命，也是行业高质量发展的核心要 义与初心所在。 高质量发展是全面建设社会主义现代化国家的首要任务，金融要为经济社会发展提供高质量 服务。作为"资管一哥"，公募基金行业管理规模已超35万亿元，站在高质量发展的新起点， 探索和践行长期主义，成为实现高质量发展的关键路径。 市场规律也 ...

【导读】庞大AI算力需求引爆半导体板块！中芯国际领涨蓝筹，Wind半导体行业指数逆市大涨5.42% 恒生科技指数成 份 股中19只上涨，11只下跌。其中，商汤涨5.50%，华虹半导体涨4.63%，ASMPT涨3.12%。 从行业表现看，恒生行业指数涨跌不一，原材料业指数涨1.97%，公用事业指数涨0.8%，工业指数涨0.7% ； 跌幅方面，医疗保健业 指 数 跌3.09%，能源业指数跌1.19%，非必需性消费行业指数跌0.57%。 从盘面来看，Wind概念板块涨跌不一，富士康指数涨11.79%，芯片替代指数涨5.35%，紫光系指数涨5.12% ； CRO指数跌4.05%，创 新药指数跌3.73%，抗肿瘤指数跌3.52%。 中国基金报记者 郭玟君 9月11日，香港三大股指齐跌。恒生指数收盘跌0.43%，恒生科技指数跌0.24%，恒生中国企业指数跌0.73%。全日市场成交额 为 3252 亿港元，较前一交易日有所增加。南向资金净买入额 为 189.89亿港元。 | 恒生指数 恒生国企 | 恒生科技 | | --- | --- | | 26086.32 9260.25 | 5888.77 | | -113.94 - ...

9月11日上午，2025Inclusion·外滩大会大咖云集，来自16个国家和地区的550位嘉宾参会 分享，包括新晋图灵奖得主理查德·萨顿（Richard Sutton），阿里云创始人、之江实验室主 任王坚，源码资本投资合伙人、美国国家工程院外籍院士张宏江，香港大学计算与数据科学 学院院长马毅、蚂蚁集团CEO韩歆毅、宇树科技创始人兼首席执行官王兴兴等全球顶尖学 者、产业界人士、青年创业者和科学家，共同探索智能时代的创新路径与商业未来。 以下是精彩观点集锦—— 【导读】共话AI，2025外滩大会大咖云集 中国基金报记者 曹雯璟 图灵奖得主理查德·萨顿： 人工智能进入"经验时代"，潜力远超以往 2024年图灵奖得主、加拿大计算机科学家理查德·萨顿（Richard Sutton）认为， 人类数据 红利正逼近极限，人工智能正在进入以持续学习为核心的"经验时代"，潜力将远超以往。 面对外界对AI带来偏见、失业甚至人类灭绝的担忧，萨顿认为，这种对人工智能的恐惧被夸大 了，并且是被某些从中获利的组织和个人煽动起来的。以经济社会的运行为例，只有当每个 人有不同的目标和能力，经济才能运行得最好。同样，目标不同的智能体，可以通过 ...

Core Viewpoint - During the "14th Five-Year Plan" period, the company has successfully transitioned to a resource recycling strategy, marking a significant shift from unrelated diversification to focused diversification in the ecological and environmental protection sector [3][4]. Group 1: Strategic Transformation - The company officially changed its name to "Tianjin TEDA Resource Recycling Group Co., Ltd." in July 2025, solidifying its commitment to the resource recycling industry [3]. - The company has significantly increased its solid waste treatment capacity from 5,610 tons to 23,660 tons per day, representing a growth of over 400% [3]. - The strategic decision to focus on ecological and environmental protection has led to two major breakthroughs: a substantial increase in the scale of the ecological protection business and the establishment of its industry position [4]. Group 2: Financial Performance - By 2024, the total assets of the company's key subsidiary, TEDA Environmental Protection, reached 14.991 billion yuan, a 172.49% increase compared to 2020 [4]. - The net profit attributable to the parent company was 186 million yuan, reflecting a 47.05% increase from 2020 [4]. - The company has expanded its operations to cover 10 provinces and 21 cities, transitioning from a regional to a national solid waste treatment company [4]. Group 3: Asset Structure Optimization - The company is implementing a dual strategy of "external expansion + internal enhancement" to optimize its asset structure [5]. - In 2024, the company successfully acquired the solid waste business of China Resources, resulting in a 40% year-on-year increase in environmental business revenue to 868 million yuan [6]. - The company has divested non-core assets, including the transfer of 100% equity in its regional development subsidiary for 2.593 billion yuan [7]. Group 4: Technological Innovation - The company has increased its R&D investment by an average of 10.55% annually, focusing on the ecological and environmental protection industry [10]. - Significant technological breakthroughs have been achieved in solid waste treatment, including the development of a new type of chelating agent for fly ash treatment [12]. - The company has also made advancements in new materials, achieving large-scale production of crystalline thermoplastic polyester filament technology [12]. Group 5: Global Expansion - The company plans to launch its first overseas project by 2025, focusing on key regions and adopting a light asset cooperation strategy [14]. - A memorandum of understanding has been signed with an Egyptian company to explore waste-to-energy projects and landfill closure projects [15]. - The company leverages its experience in waste-to-energy projects in China to establish a strong brand presence and operational foundation for international projects [15].

Group 1 - The core viewpoint of the article is that the company acknowledges the issues raised by the regulatory authorities regarding the mismanagement of the hot search rankings on its platform and is committed to implementing corrective measures [2][7]. - The company has established a special task force to address the ecological governance of the hot search rankings and improve management capabilities in response to the regulatory requirements [2][7]. - The regulatory authorities have taken actions against the company for failing to fulfill its responsibilities in managing content, particularly regarding the frequent appearance of inappropriate information related to celebrity gossip on the hot search list [7][8]. Group 2 - The regulatory body emphasizes the importance of maintaining a clean and healthy online environment, which aligns with the interests of the public [8]. - The authorities will continue to focus on prominent issues that disrupt the online ecosystem and will enforce regulations to ensure that platforms fulfill their responsibilities [8].

Core Viewpoint - The State Council has approved a comprehensive reform pilot for the market-oriented allocation of ten factors in selected regions, aiming to enhance the efficiency of resource allocation and promote a high-level socialist market economy [1][2][3]. Group 1: Pilot Regions and Objectives - The pilot regions include Beijing's urban sub-center, key cities in southern Jiangsu, Hangzhou-Ningbo-Wenzhou, Hefei metropolitan area, Fuzhou-Xiamen-Quanzhou, Zhengzhou, Changsha-Zhuzhou-Xiangtan, nine cities in the Guangdong-Hong Kong-Macao Greater Bay Area, Chongqing, and Chengdu [1][3]. - The implementation aims to break down institutional barriers that hinder the free flow and efficient allocation of production factors, ensuring equal legal protection for various ownership economies [2][3]. Group 2: Focus Areas of Reform - The reforms will focus on technology, land, human resources, data, and capital factors, enhancing the collaborative allocation efficiency of these elements [5][6]. - Each region will adopt differentiated approaches based on local conditions, such as promoting digital transformation in southern Jiangsu and supporting the construction of a global wealth management center in Beijing [5][6]. Group 3: Responsibilities and Coordination - Provincial governments are tasked with taking primary responsibility for the implementation, ensuring that reforms are tailored to local needs and new business developments [6][10]. - The National Development and Reform Commission will oversee coordination and guidance, aiming to summarize and promote replicable experiences from the pilot projects [11][10]. Group 4: Specific Measures and Innovations - The pilot in Beijing will accelerate the construction of a global wealth management center and support the development of financial institutions [25][15]. - Southern Jiangsu will focus on digital transformation, establishing a digital industry system centered on the Internet of Things [5][30]. - The reforms will also explore innovative financing methods, such as knowledge property pledges and technology insurance, to facilitate technology transfer and commercialization [16][24].

【导读】 新交所集团CEO罗文才：国际投资者正以长远眼光看待中国资产 中国基金报记者 储是 吴娟娟 其次，加强指数开发与合作。上交所和新交所正在共同开发关于亚洲核心主题、行业和大型 公司的指数，希望最终能够落地为 ETF 产品，为投资者提供更多参与亚洲市场增长的选择。 例如，中国和东南亚地区涌现了许多 AI 领域的新兴公司。随着亚洲经济持续增长，消费等领 域都将获得更多投资者青睐。新交所希望编制相关指数，并成功转换为 ETF 产品。 新交所还希望通过二次上市支持中国企业在国际市场筹集资金。 日前，新加坡交易所集团（以下简称新交所）在上海举办媒体交流会。新交所表示，致力于 进一步扩大中新 ETF 互联互通，将围绕企业二次上市等重点领域，吸引拥有全球化战略的中 国企业；致力于推进中国概念相关产品的双向资本流动等，推动中新资本市场合作深化。 新交所数据显示，截至 2025 年 7 月，中新 ETF 互通机制下已上市 10 只跨境 ETF 产品， 总资产管理规模超过 30 亿元人民币。 扩大中新 ETF 互联互通计划 加强指数开发与合作 截至 2025 年 7 月，中新 ETF 互通机制下已上市 10 只跨境 ETF ...