公募重磅文件出炉，理想回应MEGA起火，百万大V手撕360同城帮……一周重要新闻速览

Group 1: Public Fund Industry - The public fund industry in China, valued at over 36 trillion yuan, is undergoing significant reforms with the release of new guidelines for performance benchmarks [1] - The guidelines aim to standardize performance benchmarks and enhance investment management discipline, promoting stable investment styles and long-term returns for investors [1] Group 2: Li Auto - Li Auto announced a recall of 11,411 MEGA vehicles due to safety hazards linked to insufficient corrosion resistance in the cooling liquid, which could lead to battery thermal runaway [2] - The recall affects vehicles produced between February 18, 2024, and December 27, 2024, and is part of Li Auto's commitment to prevent future incidents [2] Group 3: Proya - Proya's Q3 2025 revenue was 1.736 billion yuan, a year-on-year decline of 11.63%, with net profit dropping 23.64% to 227 million yuan, marking the largest quarterly decline in recent years [3] - The main brand's revenue showed signs of stagnation, with a slight decrease in H1 2025, indicating challenges in maintaining growth [3] Group 4: Volkswagen - Volkswagen reported a net loss of 1.072 billion euros in Q3 2025, with a 61.5% year-on-year decline in net profit for the first three quarters [6] - Porsche's poor performance significantly impacted the group's overall results, with a 99% drop in operating profit to 40 million euros due to a shift in electric vehicle strategy [6] Group 5: ZTE Corporation - ZTE Corporation experienced an 88% drop in net profit in Q3 2025, with a revenue of 100.52 billion yuan, reflecting a 32.69% year-on-year decline in net profit [12] - The decline is attributed to reduced revenue from traditional communication services and pressure on margins in emerging computing businesses [12] Group 6: Eight Horse Tea - Eight Horse Tea's stock surged 86.7% on its debut, but the company faces challenges in a competitive market, holding only a 1.7% share in the high-end tea market [10][11] - Despite significant marketing investments totaling approximately 875 million yuan over the past three and a half years, revenue growth has been modest [11] Group 7: Xpeng Motors and WeRide - A public dispute arose between Xpeng Motors and WeRide over misleading data in Xpeng's roadshow materials, highlighting intense competition in the autonomous driving sector [7] - This incident occurred as both companies prepared for simultaneous listings, intensifying the rivalry in the market [7] Group 8: DJI - The chairman of Yingshi Innovation publicly criticized DJI for monopolistic practices, coinciding with DJI's significant market share in the panoramic camera sector [8] - DJI captured 43% of the global market share shortly after launching its first product, indicating fierce competition in the consumer electronics space [8] Group 9: Vanke - Vanke reported a net loss of 28.02 billion yuan in the first three quarters of 2025, with a revenue of 161.39 billion yuan and a low gross margin of 2.0% [9] - The losses are attributed to declining project settlement scales, low gross margins, and increased provisions for inventory depreciation [9]