根据官方的说法，小米整车环境模拟试验室承担着验证整车续航能耗、热管理性能、环境适应性以及充 电性能等多项关键指标的重任。雷军特别提到，针对消费者普遍关心的"车辆续航是否虚标"以及"冬季 续航是否打折、空调制热效果如何"等问题，小米汽车都进行了严格而细致的验证，确保每一项性能指 标都能达到甚至超越用户的期待。 【CNMO科技消息】2月6日，CNMO注意到，小米创办人，董事长兼CEO雷军发文，详细介绍了小米汽 车的整车环境模拟试验室。 雷军特别提到了试验室内一台名为"底盘测功机"的设备，这台设备相当于汽车的"跑步机"，能够精准模 拟不同车速下的行驶阻力，从而帮助工程师们验证车辆在真实路况下的能耗与续航表现。 此前，雷军曾公开表示，过去5年，小米承诺研发投入1000亿，实际研发投入大约1050亿。未来五年， 小米公司计划2000亿研发投入。 此外，小米汽车的环境舱能够将测试环境温度拓展至-40℃至60℃的极端范围，并配备了全光谱阳光模 拟系统。这意味着，小米汽车能够在这一试验室内充分模拟出全球各地的气候场景，全面检验汽车在不 同环境下的性能表现，确保车辆在各种极端条件下都能稳定运行。 ...

TOP 3 大新闻 今日热点导览 好想来涉事门店致歉信，涉事门店称会彻底整改 2月5日，好想来零食店礼泉长富路涉事门店发布致歉信，就"误将两名初中女孩当小偷扣留"一事致歉， 并称将彻底整改。 此前2月2日13时许，两名女孩在该店购物付款离店后，因为门店收到总部的一段监控视频提醒，因此两 个女孩被怀疑偷了货架的东西塞进包里，遭扣留20-30分钟；期间女孩想联系家长被拒，最终自行开包 自证清白，且被过往人员围观。女孩家长张女士下班后到店核实，确认监控无偷窃画面，索要监控遭拒 后与店员发生争执，门店随即报警。当晚门店负责人配合警方调查，民警证实两名女孩未偷窃，事件正 在推进处理。据张女士表述，两名内向的青春期女孩受此事影响较大，一人持续哭泣4小时，甚至出现 极端想法；其核心不满是门店未报警、未联系监护人，私自扣留孩子的行为。（大风新闻、大河报） 美团拟7.17亿美元收购叮咚：叮咚创始人发内部信回应 36氪获悉，美团公告，于2026年2月5日（非交易时段），收购方、转让方及梁昌霖订立股份转让协议， 据此（其中包括）收购方同意收购，而转让方同意出售转让方所持有目标公司Dingdong Fresh Holding Lim ...

Core Viewpoint - The global memory chip market is experiencing a supply-demand imbalance driven by the AI boom, leading to rising memory prices and prompting PC manufacturers like HP and Dell to consider sourcing from Chinese manufacturers such as Changxin Memory [1][2]. Group 1: Supply Chain Dynamics - HP is in the process of certifying products from Changxin Memory to establish alternative supply options, with plans to monitor the memory supply situation until mid-2026 [1]. - Dell is also beginning to certify Changxin Memory's DRAM products due to concerns over continued price increases in memory chips [1]. - Acer and Asus are increasingly relying on mainland Chinese manufacturers for memory chips, with Acer's chairman stating that new production capacity from mainland suppliers could help alleviate current supply tensions [2]. Group 2: Market Competition and Trends - Major memory chip manufacturers like Micron, Samsung, and SK Hynix are prioritizing production for AI giants, leaving the consumer electronics market in a challenging position [1]. - The traditional division of labor in the PC manufacturing sector is shifting, with manufacturers now seeking to leverage their contract manufacturers' supply chain relationships to expand memory procurement channels [5]. - Changxin Memory has captured approximately 5% of the global DRAM market, while Yangtze Memory Technologies is projected to reach about 10% of the NAND market by 2025 [5][6]. Group 3: Impact of Chinese Manufacturers - Chinese manufacturers like Changxin Memory and Yangtze Memory are increasingly influencing the global market, with significant market shares in both DRAM and NAND sectors [5][6]. - Despite being blacklisted by the U.S., Yangtze Memory remains a key player in the NAND flash market and continues to sell solid-state drives internationally [6]. - Analysts believe that the Chinese memory industry is achieving economies of scale in NAND and is expected to enter a similar phase in DRAM soon, making Chinese companies more critical during downturns in the market [6].

Core Insights - The Ministry of Commerce and nine other departments have jointly issued the "2026 'Buy New Year' Special Activity Plan" to boost consumption during the upcoming Spring Festival, focusing on the entire consumption chain including food, accommodation, transportation, tourism, shopping, and entertainment [1][18] - The plan encourages local governments to increase subsidies for trade-in programs during the Spring Festival and enhance support for offline retail, while also promoting exhibitions of automobiles, home appliances, and smart products [1][18] Consumption Trends - In Shenzhen, the policy is translating into vibrant consumption scenes, with tech products becoming popular among consumers [2][19] - The Huaqiangbei Electronics World is bustling with shoppers primarily looking for tech gifts, reflecting a shift in consumer preferences towards cultural and spiritual enjoyment rather than traditional shopping [3][21] - The rapid adoption of digital technology is fostering a consumer habit of linking online experiences with offline purchases, solidifying the foundation for tech-themed consumption activities [3][21] Sales Performance - Huaqiangbei is hosting the "New Year Consumption Season" event, featuring a variety of products including smart toys and digital appliances, which has significantly increased foot traffic and sales [6][24] - Daily foot traffic in Huaqiangbei remains around 750,000, with a 10%-15% increase in traffic due to promotional activities, and sales of tech products have surged by approximately 30% compared to normal days [9][26] Broader Economic Impact - The consumption boom is positively affecting surrounding industries, with restaurant and service sectors seeing an 8% increase in revenue [10][27] - Shenzhen's local brands, such as Huawei and DJI, are performing well globally, enhancing the city's appeal as a consumer destination [10][28] Upcoming Events and Initiatives - Shenzhen plans to focus on international consumption, AI consumption, and various cultural events throughout 2026 to enhance its consumption landscape [11][28] - The city will also host an AI toy-themed consumption event featuring over 200 new products, integrating display, experience, and consumption [12][29] Cultural Activities - Traditional activities like flower markets are being upgraded to attract both local and external consumers, with significant online interest noted for flower market stalls [14][30] - Non-heritage activities are gaining popularity, with various malls launching events that showcase traditional crafts and foods, enhancing the festive atmosphere [15][31] Cross-Regional Collaboration - The "Deep Zhong City, Good Goods Sharing" event will facilitate cross-regional consumption, allowing consumers in Shenzhen to purchase goods from Zhongshan, thereby deepening industrial and consumption connectivity [16][32] Strategic Recommendations - To maintain consumer interest, Shenzhen should leverage its unique blend of technology and tradition, continuously innovating in event content and formats to avoid consumer fatigue [17][33]

记者丨曾静娇 庞华玮 编辑丨江佩霞 美东时间周四，美股三大指数集体跌超1%，道指跌近600点，纳指跌超360点，科技股普跌，中概股逆势飘红；国际金银价格刷新日低，现货 白银重挫近20%；国际油价集体飘绿，比特币跌至6.4万美元。 | 道琼斯工业 | 纳斯达克指数 | 标普500 | | --- | --- | --- | | 48908.72 | 22540.59 | 6798.40 | | -592.58 -1.20% -363.99 -1.59% -84.32 -1.23% | | | | 美国科技七巨头 | 中概科技龙头 | 中国金龙 | | 63266.41 | 4067.33 | 7528.91 | | -1132.95 -1.76% | | -18.30 -0.45% +67.30 +0.90% | 科技股普跌，甲骨文跌超7%，微软跌近5%，亚马逊跌超4%，特斯拉跌逾2%，英伟达跌超1%。 盘后，亚马逊跌幅扩大至10%，其公布的最新财报显示，第四财季净利润211.9亿美元，同比增长6% 芯片股涨跌互现，ARM涨超5%，应用材料涨逾2%，科天半导体涨超1%，拉姆研究涨逾1%。高通跌超8%，西部数据、 ...

今日，胡润研究院在上海发布《2025胡润中国500强》榜单，这是该机构连续第七年为中国非国有企业 价值"画像"。 榜单以上市公司2025年11月14日收盘价、非上市公司参考同行业估值或最新融资情况为计算依据，上榜 门槛较上一年提升28%至340亿元，500强企业总价值达77万亿元，同比增长38%，平均价值增至1530亿 元。 这份榜单清晰折射出中国民营经济的活力，对比2024年的前十格局，今年的位次变动更具反差感，格外 引人关注。 | | | | 《2025胡润中国500强》 前十名 | | | | | --- | --- | --- | --- | --- | --- | --- | | 排名 | 公司 | 价值（亿元人民币） | | 服 | 主要行业 | | | | 合標电 | alles Proje to box 1 - 1 D JUV | | 50% -- | | | | 2- | 腾讯控股 | 53,300 | | 56%500% | 娱乐 | 深圳 | | 3- | 字节跳动 | 34,000 | | 109% | 娱乐 | 北京 | | 4- | 阿里巴巴 | 27,000 KU | | 75% ...

Group 1 - BMW plans to launch nearly 20 new or updated models in the Chinese market by 2026, including the new generation BMW iX3 long-wheelbase version, which will be officially unveiled at the Beijing Auto Show in 2026 and is expected to be launched in the second half of this year [2] - Leap Motor's COO Xu Junbo stated that the company's target for 2026 is to sell 1.05 million vehicles, emphasizing a focus on efficiency and stability rather than chasing explosive growth [2] - IM Motors' co-CEO Liu Tao publicly apologized to Tesla for previous comments regarding a traffic accident, clarifying that the accident was not caused by Tesla's brake failure, thus correcting his earlier statements [2] - Xiaomi's founder Lei Jun announced that the new generation SU7 is expected to launch in April 2026, with pre-orders already open, highlighting significant upgrades in driving experience and control systems [2] - Xiaopeng Motors officially unveiled its first six-seat SUV, the Xiaopeng GX, which is built on the SEPA 3.0 architecture, claiming to resolve long-standing issues in six-seat SUVs [2]

大公司： 日发精机：聘任李永龙为公司副总裁 36氪获悉，日发精机公告，公司董事会同意聘任李永龙为公司副总裁，任期自本次董事会审议通过之日 起至第九届董事会任期届满之日止。 投融资： 美团：拟7.17亿美元收购叮咚 36氪获悉，美团公告，于2026年2月5日（非交易时段），收购方、转让方及梁昌霖订立股份转让协议， 据此（其中包括）收购方同意收购，而转让方同意出售转让方所持有目标公司Dingdong Fresh Holding Limited全部已发行股份，初始代价为7.17亿美元（可予调整），惟转让方可从目标集团（目标公司及其 附属公司）提取不超过2.80亿美元的资金后，仍需确保目标集团净现金不低于1.50亿美元。 小米汽车将辅助驾驶安全里程门槛降至300公里 36氪获悉，小米汽车宣布，最新版本OTA已陆续推送，辅助驾驶安全里程门槛降低。小米汽车介绍，辅 助驾驶安全里程门槛从1000km降至300km，设定这样的门槛，是为了让大家可以先逐步熟悉辅助驾驶 功能，培养充分的安全意识。小米汽车提醒，辅助驾驶不是自动驾驶，请时刻关注路况，及时控制车 辆。 吉利及雷诺合资公司浩思动力首次亮相印度ACMA展，开拓新兴市场 ...

后市展望： 华安基金认为，近期市场呈现显著的风格轮动特征，前期强势的科技成长板块与红利价值风格形成明显的"跷跷板"效应，红利板块在经历前期回调后，其 高股息、低估值的"性价比"优势再度凸显，结合当前持续宽松的货币政策、渐起的顺周期复苏预期，以及保险等长期资金的配置需求，港股通红利板块具 备明确的布局价值，后续有望迎来市场风格再平衡与基本面改善形成的"戴维斯双击"。 2月5日，港股三大指数低开后震荡走高。截至收盘，恒生指数涨0.141%，国企指数涨0.497%，恒生科技指数涨0.74%。南向资金净买入超249亿港元。 | 新能源车企、航空、电信、生物医药、内银、物流等概念走强；有色金属、商业航天、光通讯、芯片、光伏太阳能等概念走弱。 | | --- | | 科网股午后回暖，联想涨超3%，小米、百度涨超2%，美团涨超1%；黄金股普跌，赤峰黄金（600988）跌超5%。 | | | 美团-W | 93.800 | +1.791% | 36.8亿 | | --- | --- | --- | --- | --- | | | 03690 | | | | | 8 | 泡泡玛特 | 242.400 | +2.192% | 5 ...

恒生科技指数一度跌近2%，最终收盘报收5406.13点，上涨39.69点，涨幅0.74%。 市场焦点方面，腾讯控股（HK00700）近期持续回落，今日一度跌超3%，本月以来最大累计跌幅超过 10%。不过午后强势回升，最终收盘报558.5港元，微涨0.09%。 其他科网股集体反弹，小米、百度涨超2%，美团涨超1%。 今日（2月5日），港股市场探底回升，恒生指数和恒生科技指数双双报收红盘。 市场热点方面，新消费概念强势，名创优品（HK09896）涨超6%。 恒生指数今日一度跌超1.6%，最终收盘报26885.24点，上涨37.92点，涨幅0.14%。 | 分时 5日 = 5分 15分 30分 00分 图K 用K 月K #K = | | | | MAN INNER (00060) BJ100 P 11 / II + W | | | | --- | --- | --- | --- | --- | --- | --- | | 名僧忧品 4. 3807 | | | 0000 | | | | | 9-43.820 | | | | | | | | | | | 旺情报价 | | | | | | | | 成交量 | 634万股 ...