（文章来源：每日经济新闻） 每经AI快讯，1月27日，三大股指低开，沪指跌0.18％，深成指跌0.23％，创业板跌0.09％。 ...

Financing Information - TuringQ has completed a new round of financing amounting to several hundred million yuan in its Series B round [1] - The financing was led by major state-owned capital and includes strategic investors such as Sichuan Provincial Industrial Revitalization Group, Shenzhen Investment Holdings, Fosun, and SenseTime [1] - The funds will be primarily used for the research and development of domestically controllable quantum computers, core technology breakthroughs, and the establishment of a high-end R&D talent team [1] Company Overview - TuringQ was established in 2021 and is headquartered in Shanghai [2] - The company focuses on "photon chip + quantum computing" technology and aims to promote the industrialization of photonic quantum computing [2] - Its core products include the TuringQ Gen2 large-scale programmable photonic quantum computing system and a fully controllable quantum-classical hybrid computing solution [2] Technical Highlights - TuringQ has achieved a complete closed-loop from design to system integration, establishing full autonomy in chip to system capabilities [4] - The company leads in materials and processes, utilizing thin-film lithium niobate for photonic chips and has built the first domestic pilot line for photonic chips [4] - TuringQ has launched the TuringQ Gen2 quantum computer, the DeepQuantum AI programming framework, and the "Quantum Engine" cloud platform [4] Market Potential - The quantum computing market is projected to reach $811.7 billion by 2035, with photonic quantum computing being a mainstream path due to its compatibility with existing semiconductor processes [5] - TuringQ has overcome key technical bottlenecks in photonic quantum chip manufacturing, enabling scalable and programmable production [5] Business Growth - TuringQ has shown strong commercial growth, with orders exceeding 100 million yuan by 2025 and a compound annual growth rate of over 200% in revenue [8] - The company is involved in multiple national-level major projects and participates in the formulation of industry and national standards [8] Team Background - The founder, Jin Xianmin, is a distinguished professor with over 20 years of experience in photonic quantum chips and has published over 150 papers [9] - The core team includes talents from prestigious institutions, with over 70% holding master's or doctoral degrees [9] Strategic Direction - The company aims to scale the application of photonic quantum computers and deploy "quantum-super fusion" computing centers nationwide [12] - TuringQ is transitioning from being a product and solution provider to a builder of computing infrastructure and "quantum+" ecosystems [11]

Core Viewpoint - The "Huaguoshan Smart Security OPC Community" in Lianyungang City has officially launched, serving as an incubator for entrepreneurs in the security sector, utilizing an innovative model of "individual + AI as a company" [1] Group 1: Community Structure and Support - The community is built around four empowering systems: technology, tasks, capital, and industrial ecology [1] - Partnerships with companies like Rui'an Technology provide computational power and compliance data, enabling the rapid formation of digital intelligent teams [1] - A dedicated venture capital fund of 50 million yuan is established to connect with investment institutions in the Yangtze River Delta [1] Group 2: Entrepreneurial Policies and Benefits - The "Worry-Free Maker" policy package is introduced to lower the barriers for entrepreneurs, including free rent for the first year and comprehensive gigabit broadband coverage [1] - Entrepreneurs can access shared meeting and roadshow spaces, allowing for a "move-in ready" experience [1] - Free access to three months of professional large model usage and 1 billion Tokens of computational power is provided [1] Group 3: Focus Areas and Services - The community targets four cutting-edge tracks: AI Vision Pioneers, Police Intelligent Agents, Urban Safety Guardians, and Data Compliance Experts, covering core areas of smart security [1] - Dedicated "entrepreneurial housekeepers" are assigned to provide full-process assistance and services [1]

周语潇 中青报·中青网记者 谢洋 在广西壮族自治区梧州市藤县的一个街巷深处，一家名为"秋姑娘"的烘焙小店静立一隅。推开门，麦 香、茶香与淡奶油的香气轻柔交织。这里不只是一家蛋糕店，更是一个用面团、温度与真情发酵而成 的"社区青春会客厅"。 "秋姑娘"的店名里，藏着主理人唐秋霞的初心："想把健康、甜蜜与温暖带给更多人，打造一家有温度 的社区小店。"可美好的愿景当初刚一落地，就撞上了启动资金不足的难题。没有退缩的唐秋霞，走出 了一条务实灵活的创业路。启动资金一半来自家人支持，一半通过申请小额度经营性贷款获得。唐秋霞 敲定了"轻资产+汗水资本"的核心策略：装修全靠自己和家人动手，粉刷墙面、组装家具、布置灯 光，"每天和灰尘、工具打交道，累但踏实，看着小店一点点变成心中的模样，成就感无可替代"；店内 设备是在二手市场淘性价比高的烤箱、搅拌机，经消毒、清洁后调试投入使用，足足节省了40%的初期 投入。 "资金有限时，亲手创造就是最珍贵的投资。"解决了生存问题，如何在同质化的烘焙市场站稳脚 跟？"秋姑娘"的答案是深耕"健康手作"，深耕"风味在地化"。 "低糖、手作、新鲜"是唐秋霞坚守的铁律，而真正让小店出圈的，是一款融入 ...

来源：笔记侠 商业思维 笔记君说： 这段时间，泡泡玛特旗下Labubu（拉布布）爆火，一娃难求，一些联名或限量 1月23日，《扬声·第2季》上线了王宁访谈视频。纪录片由新华网、腾讯视频出品，新华社记者张扬主 持。 通过访谈视频，看到了王宁的许多面。不只有梦想的一面，还有诸多难的一面，比如北京第一家店，过 年被员工集体炒鱿鱼；上海第一家店，被日本潮玩品牌取消代理权。 曾经少年，依然少年，因为热爱不变。不让成长止于骄傲，却因谦虚更加克制；汇聚一群可能平凡的 人，变成不平凡的人，做成一件件不平凡的事……这就是王宁。 45分钟的访谈视频，以下，是王宁的自述精华版（几乎完整版）。 一、一个北漂青年的觉醒和笃定 我在大学时代开了店，出社会在北京找工作的那个时候，店还没关，还在继续营业。我有太多的零售业 的问题，管理上的问题，一直都是在自己摸索。 当我去屈臣氏，看到屈臣氏厚厚的SOP（标准作业程序）手册的时候，每天怎么开门、锁门，怎么做收 银管理、门店运营，我觉得每一页都像《圣经》一样，我想要去学。 在朋友的引荐之下，我去屈臣氏面试，我说我想来当店员也行，店长更好。他们一看我简历，说你从教 育公司和新浪过来面试店员，是不是 ...

Market Overview - On January 26, the market experienced slight fluctuations, with all three major indices closing down, while banks and brokerages supported the Shanghai index, which ended with a minor decline of 0.09% [1] - The total trading volume for the day reached 3.25 trillion yuan [1] Sector Performance - The non-ferrous metals sector maintained a strong position, while previously strong sectors like commercial aerospace and semiconductors showed significant pullbacks [1] - Precious metals surged, with spot gold prices breaking the $5,000 per ounce mark for the first time in history, and the Huabao Non-Ferrous ETF (159876) rising by 4.77%, reaching a new historical high [2][4] - The non-ferrous metals index has seen a growth of over 130% in the past year [2] ETF Highlights - The Huabao Non-Ferrous ETF (159876) saw a net subscription of 140 million units in a single day, indicating strong investor interest [2][4] - The top-performing financial ETFs, including the Huabao Broker ETF (512000), experienced a price increase of 0.87%, reflecting a recovery in the sector [2] - The AI sector, represented by the Huabao Entrepreneurial AI ETF (159363), also showed resilience, closing up 0.56% despite a general pullback in the AI space, with significant capital inflow of over 2.1 billion yuan in the past 10 days [8][10] Investment Outlook - Analysts from Guotai Junan Securities suggest that the Chinese market is undergoing a broad revaluation, with opportunities in both technology and non-technology sectors, emphasizing a barbell strategy focusing on quality growth [3] - The focus remains on emerging technologies, cyclical consumption, and value stocks, with a continued positive outlook on the financial sector [3] - The IDC data center sector is expected to see a revaluation driven by increased capital expenditures from major domestic companies, indicating a potential investment window [10] Specific Sector Insights - The military aerospace sector faced significant declines, with the Huabao Military ETF (512810) dropping over 4%, indicating a tightening risk appetite among investors [3][11] - Despite the downturn, analysts believe that short-term pullbacks in the military sector may present good buying opportunities, as the overall demand cycle remains upward [13]

周一（1月26日），AI赛道普遍回调，但创业板人工智能尾盘强势翻红，主要受IDC数据中心以及CPO 光模块等算力方向带动！IDC概念方面，网宿科技尾盘20CM涨停，光环新网大涨超8%；CPO光模块方 面，锐捷网络大涨近13%，联特科技大涨超7%，天孚通信涨超3%。 热门ETF方面，双线布局"算力+AI应用"的创业板人工智能ETF（159363）尾盘强势翻红收涨0.56%，收 于所有均线上方，单日放量成交6.28亿元。资金近期猛烈布局，过去10日累计加仓超21亿元！ IDC数据中心方面，当前板块为算力低位方向，多重利好有望催化板块重新定价。国盛证券指出，字节 跳动等国内大厂资本开支规划显著提升，芯片供给端出现边际改善，叠加国产大模型持续迭代，推动国 内大厂数据中心招投标活动重启，当前IDC板块估值和位置均处于底部区间，IDC板块迎来从估值修复 到业绩兑现的投资窗口。* CPO光模块方面，国盛证券表示，光通信行业的旺盛需求已形成共识，市场正在消化过度拥挤的交易结 构。与此同时，反映公司间相对强弱的业绩周期，则通过龙头公司市值比的动态变化，持续为市场提供 微观结构的验证，而从长久来看，光模块龙头公司将凭借先发优势和 ...

Market Overview - On January 26, the market experienced slight fluctuations, with all three major indices closing down, while banks and brokerages supported the Shanghai index, which closed down by 0.09% [1] - The total trading volume for the day reached 3.25 trillion yuan [1] Sector Performance - The non-ferrous metals sector maintained a strong position, while previously strong sectors like commercial aerospace and semiconductors showed significant pullbacks [1] - Precious metals surged, with spot gold prices breaking the $5,000 per ounce mark for the first time in history, and the Huabao Non-Ferrous ETF (159876) rising by 4.77%, reaching a new historical high [2][4] - The non-ferrous metals index has seen a growth of over 130% in the past year [2] ETF Highlights - The Huabao Non-Ferrous ETF (159876) saw a net subscription of 140 million units in a single day, indicating strong investor interest [2][4] - The top-performing financial ETFs, including the broker ETF (512000), also showed signs of recovery, with a price increase of 0.87% [2] - The AI sector, particularly the Huabao Entrepreneurial AI ETF (159363), managed to close up by 0.56% despite a general pullback in the AI sector, with significant capital inflow of over 2.1 billion yuan in the past 10 days [8] Investment Insights - Analysts from Guotai Junan Securities believe that the Chinese market is undergoing a broad revaluation, with opportunities in both technology and non-technology sectors, emphasizing a barbell strategy focusing on quality growth [3] - The IDC data center sector is seen as a low-point opportunity, with expectations for a rebound in valuations and performance due to increased capital expenditures from major domestic companies [10] - The military industry, despite recent volatility, is expected to remain in an upward demand cycle over the next five years, with opportunities in military trade, commercial aerospace, and large aircraft sectors [13]

来源：知氪科技 #拓竹创始团队全员工程师#一群参与打造世界第一产品的工程师决定离职创业，纠结快一年，选了个最 初 5 分钟被自己毙掉的冷门项目；产品发售第三年，公司年营收已经超过 100 亿。这是 3D 打印机行业 如今的第一名，拓竹的创业故事。 来源：知氪科技 #拓竹创始团队全员工程师#一群参与打造世界第一产品的工程师决定离职创业，纠结快一年，选了个最 初 5 分钟被自己毙掉的冷门项目；产品发售第三年，公司年营收已经超过 100 亿。这是 3D 打印机行业 如今的第一名，拓竹的创业故事。 "我知道戏剧性的过程可能会更有故事性，但实际上不是那么戏剧性。" 拓竹创始人、CEO 陶冶笑着 说。这可能并不是谦虚。 拓竹是一群工程师精确计算、精确执行的结果。 "发展完全按照他们的规划，甚至产品发售头两年的收入和市场占有率误差非常小。"IDG 资本合伙人邵 辉回看拓竹创业初的投资文件后对我们说。IDG 是唯一投资拓竹三轮的机构，唯一的遗憾是公司盈利 太快，第二轮以后就不需要融资了。#对话拓竹陶冶# "我知道戏剧性的过程可能会更有故事性，但实际上不是那么戏剧性。" 拓竹创始人、CEO 陶冶笑着 说。这可能并不是谦虚。 拓 ...

Core Viewpoint - The IPO process for companies in Sichuan is accelerating, with several firms, including Chengdu Hongming Electronics, set to enter the capital market in 2026, marking a significant increase in IPO activities in the region [1][8]. Group 1: Chengdu Hongming Electronics - Chengdu Hongming Electronics, a veteran electronic component manufacturer, is expected to be the first Sichuan company to list on the A-share market in 2026, having received approval for its IPO application [1][9]. - The company, established in 1958, specializes in the research, production, and sales of new electronic components and precision parts, with applications in aerospace, shipping, consumer electronics, and new energy vehicles [3][10]. - Financial data shows that from 2022 to the first half of 2025, the company's revenue was 3.146 billion, 2.727 billion, 2.494 billion, and 1.528 billion yuan, with net profits of 476 million, 412 million, 268 million, and 257 million yuan respectively [3][10]. - The company aims to raise approximately 1.951 billion yuan through its IPO to enhance its production capacity and invest in various projects, including high-energy pulse capacitor production and new electronic components [4][11]. Group 2: Other Sichuan Companies in IPO Process - Eight Sichuan companies are currently in the IPO pipeline, with five having already been inquired about, covering sectors such as electronic components, semiconductor materials, and maternal and infant retail [5][12]. - Chengdu Chaochun Application Materials Co., Ltd. aims to raise 1.125 billion yuan for capacity expansion and R&D, focusing on special coating components for semiconductor equipment [5][12]. - Sichuan Ruijian Medical Technology Co., Ltd. specializes in blood purification products and has received medical device registration for several products, with its IPO application currently under review [6][13]. - Chengdu Yunyin World Co., Ltd. is a digital innovation maternal and infant retail company that has submitted its IPO application to the North Exchange [6][13]. - Sichuan Meikang Pharmaceutical Software Research and Development Co., Ltd. plans to raise 385 million yuan for various projects, including a clinical diagnosis intelligent assistance platform [7][14]. - Sichuan Jule Food Co., Ltd. has faced multiple challenges in its IPO journey, with its application finally accepted by the North Exchange after several attempts [7][14].