【导读】京东创始人刘强东个人投资创立游艇独立品牌Sea Expandary 据了解，刘强东近日创立了游艇独立品牌Sea Expandary，进入游艇产业，计划从研发、制造、销售、 运营、租赁、经纪、服务等全产业链布局游艇产业。 交通运输部数据显示，近三年中国游艇数量增速显著，新登记游艇约占游艇总数的54.7%；截至2025年 底，中国登记有效游艇共计9850艘，预计"十五五"时期仍将保持增长态势。 公开信息显示，刘强东创设的游艇品牌Sea Expandary的官网se.360cec.com已上线，据官网介绍，Sea Expandary定位为全球领先的绿色智能游艇全产业生态，将面向全球市场，构建集研发设计、制造、全 球销售、游艇会服务及海洋科考综合服务为一体的全链条游艇产业，为全球游艇客户提供顶级产品与服 务。 马年开工第一天，京东集团创始人、董事局主席刘强东，就搞出大动作，进军游艇产业，他希望未来能 造出10万元的游艇，让游艇像汽车一样走进千家万户。 据官网介绍，该游艇品牌将通过深入应用AI和机器人技术，打造更安全、智能、静谧、环保、舒适的 游艇产品。 2月24日，新春开工第一天，刘强东近日创立的Sea Ex ...

【导读】京东创始人刘强东个人投资创立游艇独立品牌Sea Expandary 2月24日，新春开工第一天，刘强东近日创立的Sea Expandary游艇品牌与深圳、珠海等地政府签署了战略合作协议。Sea Expandary预计将在珠海投资建设 游艇制造基地，在深圳建设游艇事业中国总部，参与深圳多座码头及配套设施的建设运营。此外，Sea Expandary还将在大湾区布局研发创新中心、游艇 运营服务中心、保税维修中心等一系列配套机构。 据了解，刘强东近日创立了游艇独立品牌Sea Expandary，进入游艇产业，计划从研发、制造、销售、运营、租赁、经纪、服务等全产业链布局游艇产 业。 刘强东在接受媒体采访时表示，将在广东投资50亿元布局游艇产业。该投资为个人投资，他本人不会直接参与运营管理，团队有CEO也有完整的管理层， 自己最多就是"产品经理"，绝大部分精力依然放在京东集团。 据介绍，Sea Expandary将主打新能源智能化游艇，有望推动中国游艇在"绿色""智造"赛道实现"弯道超车"，也填补中国民用船舶领域的一块空白。 公开信息显示，刘强东创设的游艇品牌Sea Expandary的官网se.360cec.c ...

Summary of Conference Call Notes Industry Overview - The conference call discusses the performance of the domestic travel and hotel industry during the 2026 Spring Festival, highlighting significant trends in both domestic and outbound tourism [1][2][3][6]. Key Points on Domestic Air Travel - Domestic flight supply during the 2026 Spring Festival contracted by 2%-3% year-on-year, which contributed to a demand increase [1][2]. - Air travel volume increased by approximately 14%-15% compared to the previous year, outperforming the overall market growth of 8%-9% [2][9]. - Ticket prices peaked around the seventh day of the festival, with a year-on-year increase of 6%-7%, and a maximum increase of 10% in the two weeks leading up to the festival [1][2]. Key Points on Domestic Hotel Industry - Hotel occupancy rates during the 2026 Spring Festival rose by about 17%-18% year-on-year, while prices slightly decreased by 1%-2% [1][3]. - High-star and mid-high star hotels achieved occupancy rates exceeding 75%, while budget hotels faced lower occupancy due to intense competition [7][17]. - The market is experiencing structural adjustments, with increased hotel supply in smaller cities and surrounding areas of major cities to meet dispersed demand [1][5]. Key Points on Outbound Tourism - The outbound tourism market showed significant recovery, with transportation and hotel volumes increasing by nearly 30% year-on-year [1][6]. - Airfare for outbound flights decreased by approximately 5% year-on-year, particularly for short-haul destinations in Southeast Asia, which have returned to 2019 levels [6][11]. - Hotel prices for outbound travel increased by about 5% year-on-year, indicating a recovery in the market [6]. Key Points on Market Trends and Consumer Behavior - The extension of the Spring Festival holiday by one day positively impacted service consumption, with a notable increase in travel, accommodation, and transportation sectors [1][8][9]. - The overall booking volume increased by around 20% compared to the previous year, with a clear trend of staggered travel before and after the holiday [12]. Key Points on Future Outlook for the Hotel Industry - The hotel supply growth rate is expected to stabilize between 3%-5%, with a cautious outlook on new supply due to market saturation [4][13]. - Hotel prices are anticipated to stabilize and show positive growth starting from March 2026 or during the summer peak season [4][13]. - Structural issues persist in the low-star hotel segment, which faces significant competition and operational challenges, particularly in regions like Yunnan and Guizhou [14]. Key Points on Regulatory Environment and Competition - Ongoing government investigations into environmental practices may impact operators, with potential adjustments in exclusivity, pricing tools, and commission structures [15][16]. - Despite these regulatory challenges, major platforms are expected to maintain their market positions due to structural advantages [16]. - Hotel operators like Huazhu and Atour have shown stable performance during the festival, with cautious strategies in response to regulatory uncertainties [17].

目前，中国船舶集团自主研发的"智艇1号"已成为行业标杆。该游艇实现了智能航行、安防监控与设备 运维一体化。根据亚洲游艇展披露的数据，2025年新能源游艇的渗透率也已超过了20%。展现出"造船 大国"向"游艇产业强国"迈进的技术底气。 近年来，我国游艇经济政策从"顶层设计"到"地方落地"形成闭环，为产业发展扫清障碍。2022年，工业 和信息化部等五部委联合印发《关于加快邮轮游艇装备及产业发展的实施意见》，首次从国家层面明 确"推动游艇消费大众化"导向，为产业发展定调领航。 地方层面也在不断创新，持续深化。2024年11月，广东省人民政府办公厅印发《推动游艇产业高质量发 展行动方案（2024—2027年）》，将游艇活动划分为休闲观光、竞技体育等四类，建立多部门协同机 制，并提出2027年游艇及关联产业规模突破1000亿元的目标。目前粤港澳游艇自由行试点已落地，广州 南沙、深圳蛇口等6个出入境口岸实现"两套牌"管理与免担保政策创新，大幅提升通行效率。 2月24日，《每日经济新闻》记者今日（2月24日）获悉，京东集团创始人、京东集团董事局主席刘强东 今日宣布已经创立独立游艇品牌Sea Expandary，将在广东投资 ...

京东集团创始人、董事局主席刘强东2月24日宣布，已经创立独立游艇品牌Sea Expandary，将在广东投 资50亿元布局游艇产业。 刘强东表示，国内的游艇企业投资呈现"小、散、弱"的产业格局，但是游艇其实是资本和技术密集型的 产业，他在广东投资50亿元，才能去跟欧美全球顶级的游艇制造公司进行竞争。 据上海证券报记者了解，刘强东计划从研发、制造、销售、运营、租赁、经纪、服务等全产业链布局游 艇产业。 游艇品牌Sea Expandary与大湾区多城签约 2月24日，新春复工第一天，Sea Expandary与深圳、珠海等地政府签署了战略合作协议。该品牌预计将 在珠海投资建设游艇制造基地，在深圳建设游艇事业中国总部，参与深圳多座码头及配套设施的建设运 营。此外，Sea Expandary还将在大湾区布局研发创新中心、游艇运营服务中心、保税维修中心等一系 列配套机构。 游艇行业一位业内人士认为，Sea Expandary这一国产游艇品牌的成立，有望借助绿色化、智能化打破 海外巨头在游艇市场的主导地位，降低游艇经济消费门槛，促进游艇产业向大众化消费、规模化发展转 型。 公开信息显示，刘强东创设的游艇品牌Sea Exp ...

每经编辑｜陈柯名 2月24日，《每日经济新闻》记者今日（2月24日）获悉，京东集团创始人、京东集团董事局主席刘强东今日宣布已经创立独立游艇品牌Sea Expandary， 将在广东投资50亿元，计划从研发、制造、销售、运营、租赁、经纪、服务等全产业链布局游艇产业。刘强东表示，该投资为个人投资，他本人不会直接 参与运营管理。同时，他表示希望未来能造出10万元的游艇，让普通的工薪阶层也能用得起游艇。 Sea Expandary将主打新能源智能化游艇。此外，记者了解到，Sea Expandary今日与深圳、珠海等地政府签署了战略合作协议，预计将在珠海投资建设游 艇制造基地，在深圳建设游艇事业中国总部，参与深圳多座码头及配套设施的建设运营。 公开资料显示，目前主流的中档小型游艇价格通常在50万元至100万元左右。具体价格由游艇的尺寸、动力系统、内饰配置等因素综合决定。 据央广网2025年10月24日报道，我国已建成全球规模领先的船舶工业体系，为游艇经济发展筑牢根基。数据显示，2024年中国造船业完工量、新接订单 量、手持订单量三大核心指标已连续15年位居世界第一，全球市场份额分别高达55.7%、74.1%和63.1% ...

新春佳节，荆楚大地消费热潮涌动。湖北省商务厅近日发布银联商务大数据显示，2月15日至21日春节 假期前7天，全省零售和餐饮业累计实现交易额305.5亿元，同比2025年春节假期前7天增长11.57%。 体验式消费引领新风向 商文旅体跨界融合，催生多元消费新场景，让春节消费从"买买买"转向"体验享"，成为假期消费的新风 向标。假期前7天，全省8个重点监测步行街营业额、客流量同比分别增长22.24%、23.25%。 武汉以"精彩武汉 乐购新春"为主题，组织重点商圈商街推出600余场特色促消费活动，如武汉江汉路步 行街、武商系商业综合体、万象城等重点商圈商街举办新春市集、民俗庙会、主题巡游和首展等活动， 提供购物抽奖（黄金）、零息分期、停车免费等限时优惠服务，吸引大量消费者出行购物。 江汉路步行街、楚河汉街等商街打造特色消费场景，营业额、客流量分别同比增长28.14%、23%和 36.23%、30%；十堰大岳武当城、黄石交通路步行街客流量分别增长26%、10.5%。 2026年春节，湖北以"乐在湖北 乐购新春"为主题，通过政策精准发力、场景创新供给、业态深度融 合，推动消费市场量质齐升，大宗商品热销、体验消费走红、 ...

Group 1 - The A-share market experienced a positive start to the Year of the Horse, with the Shanghai Composite Index rising by 0.87% and the Shenzhen Component Index increasing by 1.36% on February 24 [2] - The Hang Seng Index fell by 1.82%, and the Hang Seng Tech Index decreased by 2.13% on the same day [2] - As of February 24, there were 8 A+H listed companies experiencing an AH price inversion, where H-share prices exceeded A-share prices, representing approximately 4.6% of the total 174 A+H listed companies [3] Group 2 - The companies with AH price inversion include leading firms across various sectors such as new energy, banking, innovative pharmaceuticals, semiconductors, home appliances, mining, and machinery [4] - The phenomenon of AH price inversion is relatively rare, with no companies experiencing it a year ago on February 24, 2025 [2][4] - The average AH premium rate is typically around 125%, considering the 20% dividend tax on H-shares and the tax exemption for A-shares held for over a year [5] Group 3 - On February 24, the trading volume of A-shares for China Merchants Bank was 75.47 million shares, which is 7.7 times that of its H-shares at 9.8 million shares [5] - The market capitalization of China Merchants Bank is approximately 1.005 trillion yuan, with an AH premium rate of 0.89, indicating an 11% discount of A-shares relative to H-shares [5] - CATL, another leading company, saw its A-shares decline by 0.93% while H-shares fell by 3.13%, with A-share trading volume being 12.5 times that of H-shares [6] Group 4 - The AH premium index closed at 116.99 on February 24, indicating that A-shares are trading at a premium to H-shares, and this index has been on a downward trend since April 9, 2025 [11] - The index has dropped from a high of 144.85 to a low of 113.56, marking an eight-year low [11] - Analysts suggest that the recent trend of foreign capital favoring Hong Kong stocks may be influenced by the appreciation of the yuan, which could lead to a convergence of AH premiums [13] Group 5 - Morgan Stanley highlighted investment opportunities in sectors such as technology and cyclical recovery, particularly in leading companies within these fields [13] - Tianfeng Securities expressed a cautiously optimistic outlook for the Hong Kong market, suggesting a focus on value-oriented investments while maintaining growth as a secondary consideration [13]

Core Insights - The meeting on February 24 in Chengdu focused on promoting high-quality development of key industrial chains, with Douyin Group Sichuan Company representing the platform economy sector [1] - Douyin Group aims to leverage its digital platform advantages to activate new consumer vitality, contributing to both its growth and the development of Chengdu's platform economy [1] Group 1: Douyin's Local Business Strategy - Douyin Group has established its local life service business headquarters in Chengdu, with an expected annual transaction volume exceeding 800 billion yuan by 2025, approaching Meituan's trillion yuan scale [3] - The company has integrated deeply with Chengdu's local culture and economy, launching various services including home delivery, in-store group purchases, and travel services [3][5] - During the 2026 Spring Festival, Douyin's local life service in Chengdu saw a 23% year-on-year increase in payment transaction volume, with hotel and travel payments surging by 178% [5] Group 2: Growth Metrics and Market Impact - In 2025, Douyin's user base in Chengdu increased by over 20%, and order volume rose by more than 30%, indicating a robust growth trajectory [7] - The company has successfully positioned Chengdu as a top 10 city for group buying consumption in China, enhancing its influence on regional consumer trends [5][7] - Douyin's initiatives, such as the "Smoke Fire Chengdu" campaign, have generated over 1.1 billion online exposures and engaged 28,000 local merchants, resulting in a payment transaction volume exceeding 13.3 billion yuan, a growth of over 120% [10] Group 3: Future Outlook and Strategic Goals - Douyin plans to continue its focus on Chengdu, enhancing online and offline integration to support local consumption upgrades and high-quality development of the cultural and tourism industry [10] - The company aims to explore new scenarios for online and offline fusion, collaborating with local merchants and users to drive further growth [10]

记者从深圳市住房和建设局获悉，目前，该片区已完成80%土地出让；片区总投资约2100亿元，已累计 完成投资约1200亿元；吸引中国电子、招商银行、深投控、京东、恒力集团、中兴通讯、中信证券、欧 加(OPPO)、大疆等多家世界500强或创新型科技企业，截至目前已有19家企业总部入驻。 全力推进项目提速增效，力争实现新年"开门红" 2月24日是春节后上班第一天，深超总去年12月新出让的DU09-03项目，支护、桩基、土方施工火热进 行，抢抓新春建设黄金期。 "春节后首个工作日，我们第一时间完成各项自查与复工复产工作，期间，市区住建局等主管部门主动 靠前服务，为项目顺利复工提供了及时专业的指导。"该项目现场相关负责人林汉鑫表示，接下来将全 力推进项目提速增效，力争实现新年"开门红"。 新春伊始，深圳湾超级总部基地（以下简称深超总）建设全面提速，作为深圳创新高度的"城市封 面"——"未来总部"正从规划蓝图转化为现实场景，为深圳高质量发展注入强劲动力。 作为深圳市重要的总部企业聚集区、文化地标汇聚地、 滨海城市会客厅、国际交流中心，深超总是深 圳建设中国社会主义先行示范区的集中承载区，致力于打造全球城市"巅峰之作"，是 ...