北京商报讯（记者 蔺雨葳）3月1日，理想汽车公布的数据显示，2026年2月，理想汽车交付新车26421 辆。截至2026年2月28日，理想汽车历史累计交付量为1594304辆。 ...

每经AI快讯，3月1日，理想汽车官方微博发文称，截至2026年2月28日，理想汽车在全国已有539家零 售中心，覆盖160个城市；售后维修中心及授权服务中心548家，覆盖223个城市。理想汽车在全国已投 入使用4054座理想超充站，拥有22,447个充电桩。 ...

据以色列媒体援引知情人士消息报道，伊朗伊斯兰革命卫队总司令帕克普尔、伊朗国防部长纳希尔扎德在空袭中身亡。报道称，以色列认为其袭击已造成 数名伊朗高级官员死亡。伊朗方面暂未就此作出回应。 ...

《中国经营报》记者了解到，2月28日，吉利汽车集团CEO淦家阅在内部会议上宣布，千里浩瀚辅助驾驶系统将在今年实现出海，并将成 为首个在海外市场实现规模化应用的中国高阶辅助驾驶方案。 此外，首发千里浩瀚G-ASD最新版本的极氪8X，将于今年上半年上市，具备高性能三电机版本，动力可超千匹马力。 （文章来源：中国经营报） 据了解，千里浩瀚是全球范围内"含模量"最高、数据量最大、硬件最强的辅助驾驶系统之一，采用了行业领先的Smart AI Agent架构，完 整应用了"WAM世界行为模型"。今年，千里浩瀚G-ASD H7方案将陆续搭载到更多领克和吉利银河的车型上。在法规允许的条件下，吉 利还将推送高速L3和城区L4功能，并实现Robotaxi的试运营。 中经记者石英婧上海报道 ...

Group 1 - The core viewpoint of the article highlights that Kuaishou's Spring Festival red envelope data report shows a significant increase in user engagement, with "Shake to Win" participants growing over 60% year-on-year [1] - The "One-Click Exchange Red Envelope" feature, which allows users to exchange small red envelopes for larger ones, saw an average of over 10 exchanges per user [1] - Kuaishou reported that the red envelope activities and festive content during the Spring Festival contributed to a record high in Daily Active Users (DAU) [1]

引擎轰鸣炸场，赛道狂欢开启，万众瞩目的MotoGP世界摩托车锦标赛迎来2026赛季。快手将全程直播2026年MotoGP全部的22站比赛！用户与车迷锁定快 手账号@24小时赛车 直播间，即可沉浸式感受速度与激情的视听盛宴。 | | | | MOLOG | | | --- | --- | --- | --- | --- | | | ACZE » 三月 日 | | | 直播间阵容 | | 注快手 | | | | | | 47 88 | | | | | | 日期 | 赛事时间 | | | | | 2月27日 | 10:00 | = | 10:35 | Moto3 自由练习赛1 | | 2月27日 | 10:50 | . | 11:30 | Moto2 自由练习赛1 | | 2月27日 | 11:45 | l | 12:30 | MotoGP 自由练习赛1 | | 2月27日 | 14:15 | | 14:50 | Moto3 练习赛 | | 2月27日 | 15:05 | . | 15:45 | Moto2 练习赛 | | 2月27日 | 16:00 | | 17:00 | MotoGP 练习赛 | | 2月28日 ...

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Event Overview - In FY2026H1, the company's revenue, net profit, and operating cash flow were 3.376 billion, 676 million, and 996 million yuan, respectively, representing year-on-year growth of 7.0%, 11.9%, and 21.1% [1] - Government subsidies amounted to 50.21 million yuan, and the net profit excluding these subsidies was 626 million yuan, showing a year-on-year increase of 15.5% [1] - The company declared an interim dividend of 0.52 HKD per share, with a dividend yield of 5.18% [1] Brand Performance - Revenue growth by brand in FY2026H1 was as follows: JNBY 1.860 billion, Su Xie 389 million, jnby by JNBY 495 million, LESS 394 million, and emerging brands 237 million, with year-on-year growth rates of 5.7%, 0.4%, 4.1%, 16.3%, and 22.4%, respectively [1] - Store counts for each brand were 992, 297, 527, 271, and 54, with year-on-year changes of 3.3%, -6%, 1.9%, 4.6%, and 3.8% [1] - Store efficiency (sales per store) was 1.87 million, 1.31 million, 0.94 million, 1.45 million, and 4.40 million yuan, with year-on-year growth of 2.2%, 6.5%, 2.2%, 10.7%, and 18.0% [1] Channel Performance - Revenue by channel in FY2026H1 was 1.180 billion from direct sales, 1.442 billion from distribution, and 753 million from online sales, with year-on-year growth of 5.7%, 0.3%, and 25.1% [1] - The number of direct and distribution stores was 512 and 1,651, respectively, with year-on-year growth of 4% and 1% [1] - Direct store efficiency and distribution single-store sales were 230,000 and 87,000 yuan per half year, with year-on-year growth of 1.3% and a decline of 1.1% [1] Membership and Retail Performance - As of December 31, 2025, retail sales contributed by members accounted for over 80% of total sales, remaining stable year-on-year [1] - The number of active member accounts was 590,000, reflecting a year-on-year increase of 9% [1] - The number of member accounts with annual purchases exceeding 5,000 yuan was over 340,000, growing by 3% [1] Profitability Metrics - Gross margin in FY2026H1 was 66.5%, an increase of 1.4 percentage points year-on-year [2] - By brand, gross margins were as follows: JNBY 69.4%, Su Xie 67.5%, jnby by JNBY 60.2%, LESS 70.5%, and emerging brands 48.8%, with year-on-year changes of 1.8, 2.0, 1.8, 1.7, and -3.6 percentage points [2] - The net profit margin was 20.0%, up 0.9 percentage points year-on-year [2] Expense Analysis - In FY2026H1, the sales, management, and financial expense ratios were 32.4%, 9.2%, and 0.17%, with year-on-year increases of 0.1, 0.6, and a decrease of 0.17 percentage points [2] - The increase in management expenses was primarily due to higher spending in product design and R&D departments [2] Inventory and Receivables - Ending inventory in FY2026H1 was 1.02 billion yuan, a year-on-year increase of 9.4% [3] - Accounts receivable stood at 220 million yuan, remaining stable, with a turnover period of 9 days, a decrease of 1 day year-on-year [3] - Accounts payable was 308 million yuan, up 29.2% year-on-year, with a turnover period of 44 days, a decrease of 12 days [3] Investment Outlook - Short-term revenue growth has been strong since the beginning of the year [3] - The company has significant room for expansion in its growth and emerging brands, with potential for improved store efficiency through various strategies [3] - In the medium to long term, fan loyalty is expected to support stable gross margins and further growth in net profit margins [3] - Revenue forecasts for FY26-28 are 6.004 billion, 6.396 billion, and 6.806 billion yuan, with year-on-year growth of 8.21%, 6.53%, and 6.41% [3] - Net profit forecasts for FY26-28 are 971 million, 1.040 billion, and 1.115 billion yuan, with year-on-year growth of 8.72%, 7.08%, and 7.24% [3] - Corresponding EPS forecasts for FY26-28 are 1.86, 1.92, and 2.09 yuan, with a PE ratio of 9.4, 9.1, and 8.3X based on the closing price of 20.08 HKD on February 26, 2026 [3]

机构：中金公司 考虑到公司盈利能力持续提升，我们上调FY26/FY27 盈利预测7%/9%至9.88/10.69 亿元，当前股价对应 9.7/8.8 倍FY26/27P/E，维持跑赢行业评级。相应上调目标价5%至24.97 港元，对应12.0/10.9 倍FY25/26 P/E，较当前有24%的上行空间。 线上渠道收入增速亮眼，品牌矩阵接力增长。1）分渠道看，1HFY25 直营/经销/电商渠道收入分别同比 +5.7%/+0.3%/+25.1%至11.81/14.42/7.53 亿元。门店方面，1HFY26 直营门店较FY25末净增20 家至512 家，经销门店净增26 家至1,630 家，线下可比同店销售同比-2.2%。2）分品牌看，1HFY26 成熟品牌 JNBY收入同比+5.7%至18.60 亿元，增长韧性强，成长品牌jnby byJNBY/LESS/速写收入分别同比 +4.1%/+16.3%/+0.4%至4.95/3.94/3.89 亿元，新兴品牌收入同比+22.4%至2.37 亿元。 3）会员方面，1HFY26 购买总额超人民币5,000 元的会员账户数较FY25 末约增1 万个至超34 万个。 毛利 ...

北京商报讯（记者 魏蔚）2月28日，快手发布的春节红包数据报告显示，从2月4日至23日期间，快手推 出"摇一摇领红包""换红包"和"点金卡""卫视春晚联动下红包雨""集卡瓜分2亿""好友互扫招财码""小马 PK赢金币"等红包与互动玩法。其中，"摇一摇"参与用户规模同比去年增长超60%。"一键换红包"将小 额红包兑换为大额红包的玩法，人均换红包超过10次。为求一张能让红包最高放大100倍的"财神点金 卡"，老铁们在一位主播评论区下刷出300多万条评论。 ...