Core Viewpoint - BYD and Fosun have signed a strategic cooperation agreement, marking the launch of their first collaborative project aimed at enhancing travel and vacation experiences for users [1][4]. Group 1: Strategic Cooperation - The partnership between BYD and Fosun was established just one month ago, and it has already resulted in the implementation of a project that upgrades travel and vacation experiences [1][4]. - This collaboration is a significant step towards integrating travel and vacation services, providing added value beyond mere transportation for BYD car owners [6]. Group 2: Membership Benefits - The cooperation includes a membership rights exchange, with Fosun's various business segments boasting over 20 million members globally [3][6]. - The Foryou Club, a premium membership brand under Fosun, offers one-stop services such as vacation booking, consultation, and points redemption [3][6]. - BYD car owners can now access high-level membership benefits through the BYD App, unlocking exclusive privileges at various high-end vacation destinations across the country [3][6]. Group 3: Future Outlook - The collaboration aims to create a lifestyle that integrates "green and sustainable travel with high-quality vacation experiences," with plans for ongoing deepening of the partnership between BYD and Fosun [6].

据香港交易所披露，摩根大通（JPMorgan）对 比亚迪股份有限公司 - H股的多头持仓比例于2026年1月 16日从5.2%增至5.25%。 ...

Core Insights - BYD has launched its first project in strategic cooperation with Fosun, providing premium vacation membership benefits to all BYD brand vehicle owners [1] Group 1 - The strategic partnership between BYD and Fosun aims to enhance customer experience through exclusive access to high-end vacation resorts [1] - Membership benefits include access to luxury destinations such as Atlantis Sanya and Club Med [1]

Trade Summary - Ark Invest executed significant trades involving Broadcom Inc., WeRide Inc., BYD Co. Ltd., and Advanced Micro Devices Inc. across various Ark ETFs [1] Broadcom Trade - ARK Innovation ETF acquired 32,408 shares of Broadcom, valued at approximately $10.8 million based on a closing price of $332.60 [2] - This acquisition follows a downturn in Broadcom's shares due to China's directive against using foreign cybersecurity software, affecting several U.S. firms including VMware [2] WeRide Trade - ARK Autonomous Technology & Robotics ETF added 577,099 shares of WeRide, amounting to about $4.9 million at a closing price of $8.48 [3] - WeRide, a Chinese robotaxi company, has expanded its autonomous fleet to over 1,000 vehicles and operates in cities like Beijing and Guangzhou, aligning with Ark's interest in innovative transportation solutions [3] BYD Trade - ARKQ purchased 205,748 shares of BYD, valued at around $2.53 million at a closing price of $12.31 [4] - BYD recently surpassed Tesla in electric vehicle sales, selling 2.26 million EVs globally in 2025, but faces challenges related to profitability and international expansion [4] AMD Trade - ARK Space & Defense Innovation ETF acquired 3,165 shares of AMD, worth approximately $734,026 at a closing price of $231.92 [5] - AMD is focusing on integrating AI into mainstream PCs and leveraging data center strengths for future growth, with analysts highlighting its efforts to make AI capabilities more accessible [5] Other Key Trades - Kratos Defense and Security Solutions Inc. saw shares sold by ARKK, ARKX, and ARKQ [7] - Trimble Inc. and Deere & Co. were also involved in trades, with shares bought by ARKX [7]

1. 2025年12月27日，"百万英才汇南粤"大型综合招聘会在深圳会展中心(福田)举行，吸引众多求职者参 加。 2. 招聘会现场为求职者提供简历诊断服务。 3. 招聘会现场为求职者提供免费职业妆造服务。 旁白 "稳就业"关乎"稳经济"的大局。2025年12月，中央经济工作会议在部署2026年经济工作时明确要求，实 施稳岗扩容提质行动，切实稳定高校毕业生、农民工等重点群体就业。开年以来，广东率先把稳岗扩容 提质的要求落到企业用工与人才机制上，一批粤企在校招、实习、技能岗位补充等方面持续加力，成为 稳就业的重要承接端。 从用工市场信号看，扩招与涨薪正在同步出现。据不完全统计，2025年，比亚迪新发"AI infra算法工程 师"岗位平均月薪上涨超过36%；大疆"工业设计师"岗位平均月薪上涨20%，腾讯"AI 产品经理"岗位平 均月薪上涨5.56%。岗位与薪酬变化背后，指向同一条主线：新技术驱动的岗位需求加速释放，企业在 关键岗位上提升吸引力，同时通过更系统的人才培养与发展通道提高留用率、提升就业质量。 近日，南都湾财社记者采访了腾讯、比亚迪、研祥集团三家企业，发现"稳就业"的落点正在发生迁移： 从"多招人"转向 ...

Group 1: Company Overview of Meidel - Meidel, established in 2009, is a leading supplier of intelligent conveyor systems in China, focusing on the research, design, manufacturing, and sales of smart manufacturing equipment, particularly modular conveyor systems and industrial components [2][5] - The company’s products are integral to factory automation and are widely used in industries such as new energy, automotive parts, electronics, and warehousing logistics [5] - As of September 30, 2025, Meidel holds 201 patents, including 21 domestic invention patents and 159 utility model patents, and is recognized as a national high-tech enterprise [5] Group 2: Financial Metrics and Market Position of Meidel - Meidel's IPO price is set at 41.88 yuan per share, with an issuance price-to-earnings ratio of 14.99, compared to the industry average of 47.36 [3] - The company’s revenue and net profit for 2022 are projected to show a growth rate of 15% and 10% respectively, with a forecasted decline of 10% in 2024 [3][6] - The company plans to allocate 1.20 billion yuan (18.60%) to the Dalian Meidel Phase IV construction project and 2.00 billion yuan (31.01%) to the development of high-end intelligent conveyor systems [4] Group 3: Customer Base and Risks of Meidel - Meidel has a high customer concentration risk, with sales to the top five customers accounting for 59.34% of total revenue in 2022, which is projected to rise to 62.75% by mid-2025 [6] - The concentration is attributed to the high market concentration in the new energy battery sector, where leading companies have significant demand for conveyor systems [6] Group 4: Company Overview of Aishalon - Aishalon, founded in 2003, specializes in the research, production, and sales of disposable medical consumables in the rehabilitation and medical protection fields [7][11] - The company is recognized as the largest manufacturer of medical care pads in China and is rapidly advancing towards the top four in the industry [11] Group 5: Financial Metrics and Market Position of Aishalon - Aishalon's IPO price is set at 15.98 yuan per share, with an issuance price-to-earnings ratio of 14.99, compared to the industry average of 29.79 [8] - The company plans to invest 3.00 billion yuan (100%) into the Caprol public health medical supplies industrial park construction project [10] Group 6: Customer Base and Risks of Aishalon - Aishalon faces a high customer concentration risk, with sales to the top five customers making up 81.99% of total revenue in 2022, increasing to 88.40% by mid-2025 [12] - The primary customer, Medline Group, represents a significant portion of sales, with its share ranging from 71.51% to 77.73% over the forecast period [12]

Core Viewpoint - China Minmetals and BYD Group are seeking to deepen their strategic cooperation, focusing on resource development and technological collaboration in the comprehensive utilization of salt lake resources [1] Group 1: Strategic Cooperation - China Minmetals' General Manager Zhu Kebing expressed the desire to build a cooperative platform and innovate collaboration models [1] - BYD's Chairman Wang Chuanfu emphasized the importance of strengthening strategic alignment and practical cooperation in resource development and technology [1] Group 2: Areas of Collaboration - The discussions included joint efforts in technological breakthroughs and industry chain collaboration [1] - Both companies aim to enhance cooperation in various fields, including resource development and technological synergy [1]

Group 1 - The company, Kabeiyi, has entered the supply chains of major electric vehicle manufacturers including BYD, Tesla, Geely, NIO, Li Auto, Xpeng, and Xiaomi in the new energy vehicle sector [2]

Core Viewpoint - Guangdong Jinli Intelligent Transmission Technology Co., Ltd. (referred to as "Jinli Transmission") has initiated an IPO counseling process with the intention to list on the Beijing Stock Exchange, with CITIC Securities as the counseling institution [1]. Group 1: Company Overview - Jinli Transmission was established on July 25, 2011, and primarily engages in the research, production, and sales of micro motors and micro transmission systems, mainly applied in the field of intelligent cleaning service robots [2]. - The company has notable clients including leading domestic and international brands such as Ecovacs, Roborock, Xiaomi, BYD, and ABB [2]. Group 2: Financial Performance - For the reporting periods of 2023, 2024, and the first four months of 2025, the company's operating revenues were 301.43 million yuan, 597.43 million yuan, and 239.03 million yuan, respectively, indicating significant growth [3]. - The net profits for the same periods were 11.49 million yuan, 63.99 million yuan, and 19.14 million yuan, respectively, showcasing a substantial increase in profitability [3]. - The gross profit margins for 2023, 2024, and the first four months of 2025 were 17.79%, 23.60%, and 21.01%, respectively [3]. Group 3: Financial Metrics - Total assets as of December 31, 2023, were 493.93 million yuan, with a projected increase to 733.30 million yuan by April 30, 2025 [3]. - The company's equity attributable to shareholders was 340.10 million yuan in 2023, expected to rise to 400.47 million yuan by 2025 [3]. - The asset-liability ratio was 30.96% in 2023, increasing to 45.39% by 2025, indicating a rising level of debt relative to assets [3].

Core Viewpoint - Goldman Sachs reports that BYD Electronics (00285) management anticipates higher unit value from upcoming foldable smartphones from major brand clients, which is expected to support future growth [1] Group 1: Business Outlook - Management remains optimistic about the AI infrastructure cycle and is seeking opportunities among global and local clients [1] - BYD Electronics expects an increase in automotive parts business shipments by 2026, with a faster rise in suspension system shipments and greater penetration of ADAS systems into more economical models [1] Group 2: Strategic Focus - The company maintains a positive view on its strategy of focusing on leading clients and expanding its product line into AI infrastructure [1] - Goldman Sachs reiterates a "Buy" rating for BYD Electronics with a target price of HKD 53.08 [1]