Core Insights - The upcoming APEC informal leaders' meeting in Gyeongju, South Korea, is seen as a crucial opportunity to rebuild cooperative trust amid increasing global uncertainties [1] - APEC member economies account for over 60% of global GDP, approximately 50% of global trade, and about 40% of the world's population, making it the largest regional economic cooperation forum [1] - Key discussion topics at the Gyeongju meeting will include regional economic recovery, sustainable development, digital transformation, and inclusive growth, with a focus on maintaining a free trade system and the sustainability of trade and investment liberalization [1] Industry and Cooperation Mechanisms - Mechanisms such as RCEP, CPTPP, ASEAN+3 (China, Japan, South Korea), and the TCS are interlinked and collectively support the institutional framework for Asia-Pacific cooperation [2] - The cooperation and unity among China, Japan, and South Korea are deemed more important than ever, especially in areas like artificial intelligence, digitalization, and green industries [2] - There is a strong expectation for China to continue playing a significant role in promoting global economic cooperation, particularly with its upcoming hosting of the APEC meeting next year [2]

Group 1 - The "old-for-new" policy has shown positive and significant effects, with 330 million people applying for subsidies and over 10 million applications for automobile subsidies. Retail sales related to these products have maintained double-digit growth in the first three quarters [1] - The government has allocated 300 billion yuan in special bonds for the "old-for-new" subsidies, which have all been distributed [1] - The increase in service consumption is attributed to the rising living standards of residents, leading to a shift from goods consumption to a balance between goods and services [3] Group 2 - The implementation of the "old-for-new" policy has prompted companies to expand production and invest in research and development to meet market demand, enhancing their competitiveness and profit levels [4] - Regulatory measures are being enhanced to prevent unfair competition, including the use of big data for comprehensive monitoring of businesses [2] - There is a suggestion for post-purchase tracking to ensure full-chain regulation of consumer purchases [2]

Group 1 - The "old-for-new" policy has shown significant positive effects, with 330 million people applying for subsidies and over 10 million applications for automobile subsidies [1] - In the first three quarters, retail sales of consumer goods related to the "old-for-new" policy, including home appliances and audio equipment, maintained double-digit growth [1] - The government has allocated 300 billion yuan in special bonds for the "old-for-new" subsidies, which have all been distributed [1] Group 2 - The government is enhancing regulatory measures to prevent unfair competition, including price manipulation and substandard products, using "Internet + big data" for comprehensive oversight [2] - There is a recommendation for post-purchase tracking to ensure full-chain regulation of consumer purchases [2] Group 3 - As residents' living standards improve, there is a shift in consumption patterns from primarily goods to a balance of goods and services, leading to rapid growth in service consumption [3] - The demand for services is increasing alongside the upgrading of physical goods, indicating a need for policies to adapt to diverse consumer demands [3] Group 4 - The "old-for-new" policy encourages companies to expand production and invest in research and development to meet changing market demands, enhancing competitiveness and profit levels [4]

Core Points - The seventh China-US Friendship Cities Conference was held in Hangzhou, Zhejiang from October 25 to 27, focusing on "Closer Cooperation for a Sustainable Future" [1] - The conference was the largest and highest-level local exchange event between China and the US in recent years, with over 180 representatives from 36 counties and cities across 28 US states and representatives from 26 Chinese provinces and regions [1] - Participants discussed topics such as education, innovation, and sustainable development, emphasizing the positive role of friendship city relations in enhancing mutual understanding and welfare [1] - The conference concluded with the release of the "Hangzhou Consensus," urging individuals from both countries to actively support and engage in friendly city cooperation, particularly in cultural, educational, and youth sectors, to contribute to stable and healthy development of China-US relations [1]

Group 1 - The company ST New Power (SZ 300152) announced the appointment of Ms. Ma Hui as the new Vice President and Secretary of the Board [1] - As of the report date, ST New Power has a market capitalization of 1.6 billion yuan [3] - For the first half of 2025, ST New Power's revenue composition is entirely from energy-saving and environmental protection, accounting for 100% [2]

证券代码：300152 证券简称：ST 新动力 公告编号：2025-074 雄安新动力科技股份有限公司 关于聘任高级管理人员的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 一、聘任高级管理人员的情况 雄安新动力科技股份有限公司（以下简称"公司"）于 2025 年 10 月 27 日 在公司会议室召开第六届董事会第二次会议。审议通过了《关于聘任公司副总经 理兼董事会秘书的议案》，同意聘任马辉女士担任公司副总经理兼董事会秘书。 任期三年，自本次董事会审议通过之日起至本届董事会任期届满之日止。上述人 员的简历详见附件。 上述高级管理人员具备与其行使职权相适应的任职条件，不存在《公司法》 《深圳证券交易所创业板股票上市规则》《深圳证券交易所上市公司自律监管指 引第 2 号——创业板上市公司规范运作》及《公司章程》规定的不得担任公司高 级管理人员的情形，不存在为"失信被执行人"的情形，不存在被中国证监会确 定为市场禁入者并且尚未解除的情况，也未曾受到中国证监会和深圳证券交易所 的任何处罚和惩戒。任职资格和聘任程序符合相关法律法规、规范性文件要求及 《公司章程》的 ...

证券代码：300152 证券简称：ST 新动力 公告编号：2025-073 （十）审议通过《关于 2025 年第三季度报告全文的议案》 经审议，监事会认为：董事会编制和审核公司《2025年第三季度报告》全文 的程序符合法律、行政法规和中国证监会的规定，报告内容真实、准确、完整地 反映了公司2025年第三季度经营的实际情况，不存在任何虚假记载、误导性陈述 或者重大遗漏。 具体内容详见公司于同日在巨潮资讯网上（www.cninfo.com.cn）披露的 《2025年第三季度报告》。 表决结果为：3 票同意，0 票反对，0 票弃权获得通过。 雄安新动力科技股份有限公司 第六届监事会第二次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 一、监事会会议召开情况 雄安新动力科技股份有限公司(以下简称"公司或新动力")第六届监事会 第二次会议通知于 2025 年 10 月 27 日以电话、短信、电子邮件等方式向公司 全体监事发出。会议于 2025 年 10 月 27 日以现场结合通讯的方式召开。本次 会议应参会监事 3 名，实际参会监事 3 名。本次会议由公司 ...

证券代码：300152 证券简称：ST新动力 公告编号：2025-072 该议案已经第六届审计委员会审议通过。 表决结果：同意 7 票，反对 0 票，弃权 0 票。 （二）审议通过《关于聘任公司副总经理兼董事会秘书的议案》 雄安新动力科技股份有限公司 第六届董事会第二次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 雄安新动力科技股份有限公司(以下简称"公司或新动力")第六届董事会第 二次会议通知于 2025 年 10 月 27 日以电话、短信、电子邮件等方式向公司全体 董事发出，会议于 2025 年 10 月 27 日下午以现场结合通讯的方式召开，本次会 议应参会董事 7 名，实际参会董事 7 名。本次会议由公司董事长程芳芳女士召集 并主持，公司全体监事、高级管理人员列席了本次会议。本次会议的召集、召开 及表决程序符合有关法律、行政法规、部门规章、规范性文件及《公司章程》的 规定。 二、董事会会议审议情况 （一）审议通过《关于 2025 年第三季度报告全文的议案》 董事会认为公司编制的《2025 年第三季度报告》符合法律 ...

雄安新动力科技股份有限公司 2025 年第三季度报告 雄安新动力科技股份有限公司 雄安新动力科技股份有限公司 2025 年第三季度报告 2025 年 10 月 1 雄安新动力科技股份有限公司 2025 年第三季度报告 证券代码：300152 证券简称：ST 新动力 公告编号：2025-075 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)【孙琳】声明：保证季度报告中财务信息的真 实、准确、完整。 3.第三季度财务会计报告是否经过审计 □是 否 2 雄安新动力科技股份有限公司 2025 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末比上 年初至报告期末 | | | --- | --- | --- | --- | --- | | | | ...

Core Insights - The new consumption demands of young people are becoming a significant driving force in the market, characterized by a focus on ritualistic consumption, self-expression, and a preference for healing products [1] Group 1: Immersive Experiences and Emotional Consumption - Young consumers are increasingly drawn to immersive dining experiences, such as a themed restaurant in Beijing that combines dining with live performances, indicating a strong demand for emotional value and cultural confidence [3][5] - The restaurant has seen overwhelming popularity, with good seats requiring reservations two weeks in advance, highlighting the trend of experiential dining [5] Group 2: Unique Consumption Trends - In Jiangxi, a new trend of "flower arranging while strolling" is gaining popularity, allowing young people to express their aesthetic individuality and collect small joys in life [6] - A creative store in Dalian offers a playful twist on seafood sales, where the process of purchasing plush toys is designed to be entertaining and engaging, further emphasizing the importance of fun in consumption [8][10] Group 3: Self-Expression through Travel - Young travelers are eager to capture unique moments during their trips, as seen in a scenic area in Guizhou where abstract sculptures attract visitors for photo opportunities, reflecting a desire for self-expression [12][13] - The trend of creating unique crafts from local materials at a "ugly market" in the same region showcases how young people are looking to personalize their experiences and express their individuality [17] Group 4: Economic Impact of New Trends - The introduction of extreme sports and specialized filming services at a scenic spot in Guizhou has led to a doubling of visitor numbers compared to the previous year, demonstrating the economic potential of these new consumption trends [18][20]