截至案发，周某某等人共吸收全国28个省份1.4万名负债客户解债资金9亿余元。目前，公安 机关已将周某某等人以涉嫌集资诈骗罪、非法吸收公众存款罪移送检察机关审查起诉。 此案是典型的涉嫌金融领域"黑灰产"违法犯罪行为。公安部经济犯罪侦查局局长华列兵介 绍，金融领域"黑灰产"已形成一套完整的产业链条，包括虚假广告投放、提供"对抗"教程、 定制统一话术、伪造虚假证明、代为谈判协商等环节。部分职业律师和催收机构专业人员熟 悉国家法律法规和信贷机构投诉规则，在利益驱使下相继加入"反催收"等团队，对不法行为 推波助澜，产生了职业投诉人、代理人。 公安部12月25日在京召开新闻发布会，公布一批金融领域"黑灰产"违法犯罪典型案例。 在广东省中山市公安机关立案侦办周某某等人以"4折解债"代理维权为名实施的非法集资案 中，犯罪嫌疑人周某某等人2023年3月以来，成立多家关联公司，在不具备对接任何银行及 不良资产处置公司资质的情况下，以召开线下推介宣传会、线上推广引流等方式，向社会不 特定人群公开宣称与多家资产管理公司机构有合作关系，以"4折解债"为幌子，面向银行金融 机构信用卡、贷款逾期负债客户，收取负债人债务总金额40%的解债资 ...

Core Insights - The report titled "Charity Organization Investment Special Research Report" provides a comprehensive overview of asset management in mainland China's charity organizations, highlighting challenges and opportunities for asset preservation and appreciation [1] Group 1: Current State of Charity Sector - In 2024, the donation income of social organizations in mainland China reached 129.79 billion yuan, with the total number of foundations exceeding 9,800 [1] - Despite rapid growth, the sector faces structural challenges such as insufficient asset management capabilities and low investment returns [1][3] Group 2: Investment Management Challenges - The average annual investment return of charity assets in China is low, leading to actual asset depreciation pressures [3] - Issues such as long-term declining interest rates, reliance on bank deposits, lack of professional talent, inadequate management systems, and regional development imbalances are prominent [3] Group 3: Transition in Asset Management - Charity organizations are at a historical turning point, shifting from "conservative idle" to "professional appreciation" in asset management [5] - The report emphasizes the need for differentiated service strategies to cater to varying capabilities, risk preferences, and collaboration needs among organizations [5] Group 4: Key Trends in Charity Investment - **Seeking Alternatives**: Due to long-term declining bank deposit rates, conservative charity organizations are looking for financial products that better match their risk-return profiles [6] - **Customized Services**: University foundations, due to concentrated assets and frequent large donations, are becoming key service targets, with a pressing demand for customized asset management solutions [6] - **Collaborative Investment Models**: Regional cooperative investment models, such as the "Shenzhen Charity Common Fund," have emerged, accumulating nearly 1 billion yuan and achieving over 80 million yuan in returns [6] - **Risk Aversion and Return Demand**: Investment preferences are characterized by a clear focus on "low drawdown, higher returns," with organizations setting strict withdrawal alerts and stop-loss lines [7] - **Dedicated Account Management**: Large organizations like university foundations are increasingly considering dedicated account management due to its specialized service and depth [7] - **Innovative Mechanisms and Deepened Cooperation**: The collaboration between charitable trusts and asset management products is becoming closer, enhancing asset appreciation capabilities [7] Group 5: Future Directions - On June 5, 2025, the company will launch the "Yizhao Xiangshan · Zhiyuan Qianxing" public finance brand and establish the first ESG public finance laboratory in the securities industry, promoting systematic and professional upgrades in public welfare practices [7]

Core Viewpoint - The research team from National University of Defense Technology has achieved a world record in magnetic levitation technology by accelerating a ton-level test vehicle to 700 kilometers per hour within two seconds, marking a significant advancement in the field of superconducting electric magnetic levitation [2] Group 1 - The test was conducted on a 400-meter magnetic levitation experimental line, successfully reaching the highest test speed of 700 kilometers per hour with a ton-level load and safely stopping [2] - This breakthrough addresses key technical challenges in ultra-high-speed electromagnetic propulsion, electric levitation guidance, transient high-power energy storage inversion, and high-field superconducting magnets [2] - The achievement positions China at the forefront of ultra-high-speed magnetic levitation technology, providing new options for the future development of vacuum tube magnetic levitation transportation [2] Group 2 - The advancements in this technology also offer new methods and means for aerospace launch assistance and testing [2] - The subsequent technological iterations and industrial applications are expected to bring new momentum to the development of China's aerospace and rail transportation sectors [2]

【导读】汽车零部件、多元金融等板块表现活跃 中国基金报记者 李智 一起来看下最新的市场情况及资讯。 12 月 25 日上午， A 股市场走势分化，截至午间收盘，沪指涨 0.29% ，深成指跌 0.11% ，创业板指跌 0.37% 。 | 上证指数 | 深证成指 | 北证50 | | --- | --- | --- | | 3952.50 | 13472.22 | 1460.60 | | +11.56 +0.29% -14.19 -0.11% +15.06 +1.04% | | | | 科创50 | 创业板指 | 万得全A | | 1344.45 | 3217.47 | 6388.02 | | -7.68 -0.57% -12.10 -0.37% +16.33 +0.26% | | | | 沪深300 | 中证500 | 中证A500 | | 4631.00 | 7375.81 | 5618.23 | | -3.06 -0.07% +23.77 +0.32% -4.28 -0.08% | | | | 中证1000 | 深证100 | 中证红利 | | 7548.12 | 5841.48 | 5485.90 | ...

国信期货表示，本轮回调主要反映了市场驱动力的转换。前期在亢奋情绪主导下，铂、钯价 格大幅拉涨，已在一定程度上脱离其自身基本面的支撑，尤其是钯金中长期受汽车行业转型 抑制的需求面并未改观。价格快速飙升积累了大量的短期获利盘，获利了结的压力自然显 现。此外，适逢美国圣诞节假期，市场流动性下降，这一季节性因素可能放大价格的短期波 动，使得走势更趋复杂。 【导读】广期所钯期货主力合约触及跌停板，为上市以来首次 中国基金报记者 李智 12 月 25 日，国内商品期货开盘，广期所钯期货主力合约触及跌停板，跌幅为 10% ，现报 515.65 元 / 克，为上市以来第一次跌停，本月曾五次触及涨停。 | < W | GFEX EL | | | | | | O | | --- | --- | --- | --- | --- | --- | --- | --- | | | PD.GFE | | | | | | | | 515.65 | 昨结 | 572.90 | 总手 | | 2.31万 | 万得 물 □ | | | -57.25 | -9.99% 开盘 | | 516.10 现手 | | 2 | > | | | 最高价 | 5 ...

Core Viewpoint - The article emphasizes that Chinese enterprises in Africa are fostering a model of "blood production" rather than "blood extraction," focusing on sustainable development and cooperation rather than mere resource exploitation [1][2]. Group 1: From "Resource Curse" to Self-Development - Africa holds approximately 30% of the world's mineral reserves, including 95% of chromium and 90% of platinum group metals, along with significant amounts of cobalt, lithium, and copper [5]. - The resource wealth in Africa has often led to suffering due to unfair systems and relationships, prompting African nations to reassess their resource development models since the 21st century [5]. - The African Union's 2009 "African Mining Vision" provides a common foundation for countries to develop and implement mineral resource development plans [5]. - Chinese mining companies are exemplifying this strategy through various initiatives, such as enhancing copper mining efficiency in Zambia and localizing cobalt processing in the Democratic Republic of Congo [5]. Group 2: Building a "Non-Zero-Sum" Network - South Africa is creating an investment cooperation model that includes government, enterprises, and communities, emphasizing "local integration" and "mutual benefits" [10]. - The revised mining laws in countries like the Democratic Republic of Congo and Zimbabwe aim to increase local processing and retain more value within the country [10]. - Chinese companies are adapting to local policies, such as Huayou Cobalt's investment in lithium processing in Zimbabwe, which aligns with local regulations and creates industrial value and job opportunities [10][11]. Group 3: "Brotherly" Relationships - The highest form of symbiotic relationships involves the integration of people and cultures, with Chinese enterprises fostering harmonious interactions and knowledge sharing with local workers [15][17]. - Systematic skills training has enabled local workers to become technical backbones, with social labor programs opening pathways to higher education for their children [15]. - Cultural activities, such as traditional Chinese celebrations, have helped dissolve cultural boundaries and foster community engagement [17][18]. - The mining sector serves as a testing ground for Chinese enterprises' overseas strategies, demonstrating that genuine "rooting" and seeking "symbiosis" is essential for sustainable globalization [18].

Group 1 - The offshore RMB against the US dollar has surpassed the 7.0 mark, reaching a high of 6.996, marking the first occurrence in 2024 [2] - The onshore RMB has also crossed the 7.01 threshold, achieving a new high since September 27, 2024, with a current rate of 7.007 [4] - The USDCNY exchange rate shows a decrease of 0.13% from the previous close of 7.0161, with a daily high of 7.0170 and a year-to-date decline of 4.00% [5]

Core Viewpoint - The article discusses the transformation of Postal Savings Bank's mobile banking app, emphasizing its evolution from a basic financial tool to a "smart partner" in the AI era, focusing on user experience and deep engagement [2][4]. Group 1: Digital Banking Evolution - Postal Savings Bank's mobile banking app has ranked first in user experience for three consecutive years, indicating its strong growth in digital services and responsiveness to user needs [2]. - The bank initiated a comprehensive core system reconstruction in 2022, aiming to create a secure, agile, and self-controlled digital foundation [4]. - The launch of the "AI 2 ALL" digital ecosystem and mobile banking version 11.0 marks a significant step in redefining digital financial services [5]. Group 2: AI Integration and Operational Efficiency - The bank is advancing its "Digital Postal" strategy, integrating AI across nearly 260 application scenarios to enhance operational efficiency and customer service [5]. - The mobile banking app has achieved a customer base of 386 million and nearly 86 million monthly active users as of June 2025, reflecting a robust growth trajectory [7]. - The operational model has shifted from "one-way push" to "full journey companionship," creating a comprehensive smart operation system that anticipates customer needs [9]. Group 3: Service Innovation and User Experience - The app's ecosystem integrates various financial and non-financial services, allowing users to manage multiple benefits in a unified view [11]. - The intelligent customer service feature, "Smart Xiao You," utilizes natural language processing to address a wide range of customer inquiries, achieving a 99.39% intent recognition rate [12]. - Version 11.0 introduces an AI-driven interaction model, transforming complex financial tasks into simple conversational commands, enhancing user experience [14][15]. Group 4: Security Enhancements - The new version incorporates a multi-layered security system, including a "social trust" dimension that connects users with designated guardians for high-risk transactions [18]. - Enhanced identity verification methods, such as voice verification through phone calls, strengthen transaction security and user account protection [18]. - The evolution of Postal Savings Bank's mobile banking serves as a case study in the competitive landscape of digital finance, highlighting the importance of self-reflection and customer-centric transformation [18].

Core Viewpoint - The commercial aerospace sector is experiencing a surge, with significant stock price increases in related companies, indicating a potential investment opportunity in this industry [9]. Group 1: Commercial Aerospace Sector - On December 25, the commercial aerospace sector showed strong performance, with stocks like Guolian Aviation hitting the daily limit of 20% increase, and several other companies also reaching their daily limits [5]. - The commercial aerospace industry in China has seen nearly 90 launches this year, setting a new record, with a notable increase in the proportion of commercial launches [9]. - According to a report from Zhongtai Securities, the commercial aerospace industry is entering a new phase of rapid development, with over 600 companies and 25 launch sites, indicating a significant growth trajectory [9]. Group 2: Multi-Financial Sector - On December 25, the multi-financial sector experienced a noticeable rise, with Huajin Capital increasing by over 8%, and major companies like China Ping An and Xinhua Insurance also showing significant gains [11]. - China Pacific Insurance's stock price reached a new historical high of 43 CNY per share, reflecting strong market interest in the financial sector [12]. Group 3: Stock Performance Highlights - Victory Energy achieved a 10-day consecutive limit increase, with its stock price reaching 38.27 CNY, marking a cumulative increase of 135.86% over the past nine trading days [16][18]. - Other stocks such as Jiamei Packaging and Shenjian Co. also showed strong performance, with Jiamei achieving a 7-day consecutive limit increase [18].

来源：新华社 据云南省昭通市镇雄县人民政府新闻办公室今天（12月25日）通报，2025年12月24日20时 10分许， 镇雄县五德镇大营煤矿 发生疑似煤与瓦斯突出事故，造成7人失联。截至目前， 搜 救出失联人员4人，经确认，均无生命体征，其余3人正在全力搜救中。 事故发生后，省、市、县迅速启动应急响应，组织矿山救护、应急、消防、能源、卫健等部门 力量开展紧急救援。目前，遇难人员善后工作和事故原因调查同步有序开展。 ...