1月6日，霸王茶姬因"手打奶茶"登上热搜。 刚刚，霸王茶姬发布《关于网传"霸王茶姬店员徒手操作"视频的调查及处理通报》称：经认真核查并调取完整监控，核实视频内容发生在福建漳州龙文宝 龙广场店。视频中店员为跟风网络热梗博取流量，在即将开始打烊时，用当天门店的报损废弃物料进行模仿摆拍。 监控核查还显示，该物料在拍摄结束后被当场倒掉，未对外销售，现场在拍摄结束后完成常规清洁消毒流程。事后该店员为掩盖错误称该行为系打烊后操 作。该门店采用自动化设备制茶，所有原叶鲜奶茶的制作均通过扫码由机器自动化完成，实现人料分离。 网络上流传的一段霸王茶姬员工手打奶茶的视频引发巨大争议，视频显示，一名身穿霸王茶姬工服的员工在制作饮品过程中，未佩戴手套，将冰块砸碎后 徒手捏挤柠檬片，又将手伸入杯中，直接用手在奶茶杯内搅拌饮品。随后，当事人在个人社媒回应称是门店打烊后操作报损商品，只是为了模仿"印度奶 茶"，并打了"娱乐"标签。目前该账号已设置私密。 霸王茶姬方面还表示，该店员的行为，严重违反了公司《食品安全操作规范——报损物料处理规定》、《员工管理手册》及《门店运营管理手册》，"我 们对此感到震惊与愤怒。 该行为完全背离我们对食品安全 ...

2025赴美上市|赴美上市统计|赴美IPO|中概股|专业赴美上市服务机构 2025年全球资本市场稳步复苏，美股凭借成熟的投资者生态、充足的流动性及多元融资渠道，持续成为中企跨境融资的核心阵地。中企赴美上市积极性持续 高涨，数量再攀新高，然而结构性分化愈发明显，整体呈现"数量攀升而规模收缩"的显著特征。 为便于各界深入掌握全年美股市场行情与中企赴美上市趋势，华谊信资本围绕2025年度中企赴美上市相关事宜，进行了分析和总结。 2、中概股募资特征突出：头部占比超三成，小额募资占比近六成！ 2025年中企赴美上市圆满收官。截至当地时间12月31日，全年共有93家中企通过IPO、SPAC合并、OTC转板等路径成功登陆美股主板，较2024年的64家同 比增长7.8%；另有149家企业已公开递交赴美上市申请，后续储备动能充足。 1、中企赴美超九成选IPO！整体呈现"IPO成核心、补充路径小众"格局 上市路径方面，传统IPO仍占据绝对主导地位，且集中度显著提升。在93家成功挂牌的中企中，84家通过首次公开募股（IPO）完成上市，占比高达90.3%， 成为赴美上市的核心选择；另有8家借助De-SPAC（特殊目的收购公司合并）模 ...

甘肃电信相关负责人表示，此次赠报行动，核心是依托自身强大的云网融合能力与《甘肃农民报》专业 权威的内容生产力，共同为农村基层打造一个稳定、可靠、高质量的"信息动脉"。它旨在强化村党支部 的信息枢纽与引领核心作用，通过持续输送政策解读、产业趋势、实用技术、典型经验等"养分"，有效 提升基层组织带领群众发展产业、治理乡村、迈向现代化的能力。 此举标志着甘肃电信在服务"三农"的路径上，从提供基础通信连接，向提供"连接+内容+赋能"的综合信 息服务迈出了坚实一步。它不仅是一次文化赠阅，更是以信息化、数字化手段助力建强农村基层党组 织，构筑乡村全面振兴"数字底座"的一次前瞻性布局，为绘就陇原"智慧新农景"贡献着独特的电信力 量。 责任编辑：郭林玉 "信"达乡野 "报"传党音 甘肃电信为全省村党支部赠阅《甘肃农民报》助力乡村振兴 每日甘肃网讯（新甘肃·甘肃农民报记者 阿旦增 何成军）自2026年1月起，中国电信甘肃公司（以下 简称"甘肃电信"）以"报"为媒，以"信"为桥，正式启动向全省所有行政村党支部赠阅《甘肃农民报》的 专项工作。这一举措精准链接了"权威涉农媒体、信息通信国企、农村战斗堡垒"三大关键要素，旨在通 过多重 ...

行业分布多元，应用软件等科技企业领跑，建筑、工业等传统行业稳健跟进，制药、餐饮物流等现代服 务业活力凸显，全面映射中国经济转型的蓬勃动力。 2025年截至年末，93家中企成功登陆美股，149家公开递交上市申请。与2024年的69家相比，上市数量 保持了温和增长。 交易所选择上，纳斯达克延续绝对优势，89家企业在此挂牌，占比达96%，仅4家选择纽交所。 适用企业：新兴科技公司，盈利模式尚未完全验证寻求更快上市速度的企业估值模型特殊，需要更灵活 定价机制的公司 1家企业通过OTC转板上市，Tianci International Inc（CIIT）从OTC市场成功转板到纳斯达克，该路径更 多适用于已在OTC市场积累一定流动性与估值基础的企业。 实施路径：先在OTC市场挂牌交易，建立交易历史和股东基础满足主板上市条件后申请转板获得批准后 正式在纳斯达克或纽交所交易。 优势：前期成本和门槛相对较低为中小企业提供渐进式成长路径转板成功通常能带来流动性和估值提 升。 展望2026年，随着纳斯达克新规生效（净收入标准门槛提升200%），传统IPO的门槛进一步提高，中小 企业OTC转板有望迎来更大发展机遇，值得注意的事，从O ...

Core Viewpoint - The establishment of the "Lianghekou Power and Computing Integration Demonstration Project" marks a significant step towards building a digital China, integrating data as a key element of the digital economy, and promoting the fusion of the real economy and digital economy [1][22]. Group 1: Project Overview - The Lianghekou project is the first high-altitude rock cave computing center in China, officially launched on December 19, 2025, through a collaboration between Yalongjiang Company and China Telecom Sichuan Branch [4][12]. - The project features six computing cabins located in the construction tunnel of the Lianghekou Hydropower Station, which is situated at an altitude of approximately 2800 meters [6][10]. Group 2: Technical Innovations - The computing cabins are designed to meet stringent requirements for safety, reliability, and stable operating conditions, utilizing the stable geological structure of the tunnel to provide a secure environment for computing equipment [7][11]. - The project achieves a Power Usage Effectiveness (PUE) value of below 1.2, indicating high energy efficiency, with only 0.2 kilowatt-hours used for cooling and lighting per 1.2 kilowatt-hours consumed [11][21]. Group 3: Environmental Impact - The project is closely aligned with green and low-carbon development goals, utilizing green electricity from hydropower to support computing operations, thereby achieving "zero-carbon computing" [8][21]. - The integration of computing power and green energy is expected to enhance the efficiency of energy consumption and contribute to the national "dual carbon" goals [18][22]. Group 4: Applications and Benefits - The computing power provided by the project will support various applications, including artificial intelligence platforms, scientific data processing, and local government digital city construction [16][17]. - The project is part of a larger initiative to develop a comprehensive energy and computing service model, transitioning from an energy supplier to an integrated "energy + computing" service provider [22].

Group 1 - The Nasdaq Golden Dragon China Index saw a significant increase of over 4% in early trading, indicating a strong performance of Chinese stocks in the US market [1] - Notable individual stock performances included Baidu and GDS, both rising over 10%, while other companies like DDL and VNET also experienced substantial gains of over 8% [1] - The overall trend reflects a positive sentiment towards Chinese companies, with multiple stocks showing increases of 6% or more, suggesting a potential recovery or bullish outlook in the sector [1] Group 2 - Other companies such as Tencent Music, iQIYI, and Oriental also saw their stock prices rise by over 4%, contributing to the overall positive performance of Chinese stocks [2]

近日，不少网友发文称，霸王茶姬部分饮品中的咖啡因引发失眠、心悸等情况，将霸王茶姬推上热搜。 截至12月26日美股收盘，霸王茶姬（NASDAQ:CHA）股价报11.9美元/股，跌2.54%，盘中一度跌超 14%。自今年4月在纳斯达克上市至今，股价跌超五成。 26日晚间，霸王茶姬通过官方微博发布长文回应质疑。 特别提醒，青少年、孕妇对咖啡因更敏感一些，一般也不鼓励他们摄入咖啡因。所以，如果是青少年， 或者是正在怀孕中或者哺乳中的人，那就尽量不要喝了。 另外，有的人可能对咖啡因比较敏感，喝了之后会出现失眠、手足颤抖、心慌、失眠等症状，那最好先 不喝。 你可能关注的新闻 来源：中国经济网微信综合霸王茶姬官方微博、央视新闻、观察者网、新京报等 公司在文中称，理解部分茶友们对咖啡因含量的关切，"依据现有的公开数据与检测结果，一杯采用原 叶现泡的茶饮，其咖啡因含量按每100ml同等容量计算，与一杯拿铁大致相当，并显著低于一杯美式咖 啡。" "更重要的是，茶从来不止有咖啡因。茶叶中丰富的茶多酚、氨基酸等多种活性成分，以及钾、锰、 镁、锌等人体所需的矿物质元素，共同构成了茶独特的风味与健康价值。这些物质并非孤立存在，而是 与咖 ...

Core Viewpoint - The article discusses the recent stock performance and public response of Bawang Tea Ji, highlighting a significant drop in stock price and the company's efforts to address concerns regarding caffeine content in their products [1][10]. Stock Performance - On December 26, Bawang Tea Ji's stock price fell over 14% at one point, reaching a new low since its listing, and closed down 2.54% at $11.90 [1][2]. - The total market capitalization of Bawang Tea Ji is approximately $2.184 billion, with a price-to-earnings (P/E) ratio of 8.89 [2]. Caffeine Content Controversy - The company acknowledged public concerns regarding caffeine levels, stating that a cup of their tea has caffeine content comparable to a latte and significantly lower than that of an Americano [3][5]. - Bawang Tea Ji emphasized that caffeine is a naturally occurring compound in tea, not an additive, and is referred to as "theine" in cultural contexts [4][10]. Product Development and Innovation - The company has been exploring the development of low-caffeine and caffeine-free tea options, having already launched products that reduce caffeine content by approximately 50% [7][10]. - Bawang Tea Ji aims to maintain the authentic flavor of tea while catering to varying consumer needs, indicating a commitment to continuous research and collaboration with industry experts [8][10]. Legal Response to Misinformation - In response to negative online discussions and accusations regarding high caffeine levels, the company has initiated legal action against the spread of false information that could harm its reputation [10].

Core Viewpoint - The article highlights the hidden traps in mobile service plans offered by telecom operators, emphasizing the disparity in treatment between new and existing customers, and the complexity of contract terms that often lead to consumer dissatisfaction [3][20][22] Group 1: Issues with Mobile Plans - Consumers are increasingly cautious about mobile plans due to hidden costs and complex terms, leading to a tedious selection process [1][3] - The article criticizes telecom operators for practices such as "easy upgrades but difficult downgrades," "differential treatment for new and old users," and "contract bundling" [3][20] - Operators often promote attractive features like extensive free calling minutes or large data allowances, but these benefits are typically limited to the first year, with subsequent costs potentially increasing significantly [4][6] Group 2: Consumer Experience - Existing customers are often treated as stable revenue sources, while new users are targeted with enticing offers, creating a perception that older customers can bear higher costs [6][13] - Many consumers report difficulties when attempting to downgrade their plans, facing obstacles such as unavailability of options online or being redirected to customer service without resolution [9][12] - The emergence of "fee reduction" services on e-commerce platforms indicates widespread frustration among consumers, who seek assistance in navigating the complexities of telecom offerings [12] Group 3: Industry Dynamics - The mobile communication market in China has shifted from a growth phase to a saturation phase, with net user growth stagnating, prompting operators to focus on increasing average monthly revenue per user [13][20] - Despite ongoing government policies promoting lower prices and better services, operators continue to rely on complex pricing strategies to maintain revenue, which may not be sustainable in the long term [20][22] - The article suggests that as consumer awareness of billing practices increases, there may be a trend towards switching operators, especially with new policies facilitating easier number portability [20][22]

Core Insights - Chagee Holdings Limited has released its inaugural Sustainability Report for 2024, marking a significant milestone in the fresh tea beverage industry's sustainability journey [1] - The report highlights the company's integration of sustainability across its entire value chain, emphasizing cultural heritage, industrial collaboration, and ecological protection [2] Group 1: Company Overview - Chagee is a leading premium tea drinks brand founded in 2017, transforming traditional tea culture into a modern lifestyle experience [7] - The company aims to connect the world through tea, achieving progress in market expansion, product innovation, social responsibility, and global presence [3] Group 2: Sustainability Themes - **Culture**: Chagee partners with traditional artisan communities and cultural heritage programs to preserve techniques and promote Chinese tea culture globally [4] - **Connection**: The company has donated over RMB 4 million to build 37 multifunctional playgrounds benefiting over 5,000 rural children and operates silent stores for hearing-impaired individuals [4] - **Health**: Chagee ensures customer safety and health throughout the product life cycle and became the first fresh tea beverage brand to implement Shanghai CDC's "Nutritional Grading" standards [6] - **Ecology**: The company has built fresh milk supply networks reducing transportation carbon emissions by 70% and promotes sustainable packaging and new energy vehicle usage [5] Group 3: Social Responsibility and Employee Care - Chagee engages in disaster relief and supports underprivileged groups while ensuring rigorous health standards [7] - The "Night Clean Plan" covers approximately 1,000 stores, focusing on employee safety and work-life balance [6]