最近美股市场的焦点，不是AI公司，是稳定币公司Circle。6月5日，Circle以31美元的发行价登陆纽交所，上市首日涨到两次熔断。截止到美国东部时间6 月23日盘中，Circle股价已经超过275美元，不到3周的时间，涨幅接近8倍，成为美股市场讨论热度最高的公司。此轮热潮，正是稳定币竞争进入白热化的 缩影。 当下，随着美国《天才法案》（《GENIUS Act》，GENIUS即为Guiding and Establishing National Innovation for U.S.Stablecoins的缩写，译为"引导与建立美 元稳定币国家创新法案"）持续推进，一方面，Circle发行的合规稳定币USDC与泰达的不合规稳定币USDT在加密市场激烈竞争；另一方面，摩根大通、 美国银行、富国银行、花旗银行等全球大财团开始结盟讨论银行稳定币发行；同时，硅谷金融科技巨头Stripe与Paypal已经大力押注稳定币；在政界，特 朗普家族、美国商务部长Howard Lutnick与阿布扎比王室等政治资本也纷纷入局也成为这场稳定币战争中的关键变量。 往期节目中，我们探讨过不合规的离岸稳定币USDT；而本期节目中，硅谷 ...

校园食品安全涉及千家万户，事关学生健康成长。今年以来，湖南省益阳市资阳区市场监督管理局持续 聚焦校园食品安全问题整治，抓好源头关，把好流程关，落实细节关，精准高效加强"校园餐"安全监 管，全力守护好学生"盘中餐"。 工作人员实时监控学校食堂厨房操作情况 现场指导学校食堂进行标准化改造 紧盯食材配送，管住"供应链"。该局会同区教育主管部门，全面摸清学校食堂与食材供应商的映射关 系，严格筛选并确定全区52家"校园餐"食材供应单位的配送资格权，全覆盖、多轮次对各配送主体的食 材进货来源、索证索票、食材质量等进行检查，督促整改相关问题33个。对问题较多、整改不力或存在 严重违法违规行为的，依照相关程序取消其配送资格权，确保食材来源可溯、质量安全可靠。 严查风险隐患, 筑牢"防护墙"。重点围绕食材进货验收和索证索票、食品加工过程风险控制、食品贮 存、食品留样、"三防"设施配备、餐饮具清洗消毒、后厨环境卫生、从业人员健康管理等，对涉校食品 经营主体开展全覆盖问题隐患排查。共检查各类学校食堂、食堂承包企业、校园周边食品经营单位等 1600余家次，发现并指导整改相关问题532个，警示约谈问题突出学校1所，依法查处涉校食品违法 ...

成立于2016年的承泰科技是一家毫米波雷达供应商，主要为车载智能驾驶系统提供核心感知传感器。根据灼识咨询资料，按出货量计，2024年承泰科技是 中国国内最大车载前向毫米波雷达供应商，同时也是中国第三大车载毫米波雷达供应商，市场份额分别为9.3%和4.5%。 招股书显示，近年来，承泰科技营收呈现快速增长态势。2022年至2024年，公司收益分别为5765.1万元、1.57亿元及3.48亿元。 不过，与很多智能驾驶供应商相似，承泰科技面临明显的客户集中风险，其大部分收益来自客户A（比亚迪）。2022年至2024年，来自客户A的收益分别 为4720万元、1.43亿元及3.26亿元，占公司总收益的81.9%、91.3%及93.6%。 与此同时，承泰科技也存在增收不盈利的状况，现金流也较为紧张。 对于承泰科技而言，上市不仅是融资手段，更是摆脱单一客户依赖、拓展市场的关键机会。若能借助资本力量加速技术迭代，并开拓比亚迪之外的客户， 它或许能在智能驾驶传感器赛道走得更远。否则，高度集中的业务模式，可能成为其长期发展的掣肘。 承泰科技是谁？ 又一家智能汽车零部件供应商冲击港股，它的命运与比亚迪深度绑定。 6月23日，根据港交 ...

当前贵金属市场正站在十字路口。美联储政策转向的确定性与其执行节奏的不确定性形成微妙平衡，而关税政策、地缘政治与经济数据的多重博弈，使得黄 金的通胀对冲属性与避险价值面临重新定价压力。交易者需警惕两大风险点：一是市场过度解读单次政策信号导致的价格超调，二是技术面关键价位突破后 可能引发的趋势性行情。在这场预期与现实的博弈中，黄金的每一次价格跳动都在丈量市场对央行政策可信度的信任边界。 美联储政策风向的微妙转变成为本轮行情的核心驱动因素。美联储理事、新任金融监管副主席米歇尔·鲍曼在布拉格的公开演讲释放出重要信号：其政策立 场已从强调通胀风险转向认可降息必要性。这位曾被视为鹰派代表的官员明确表示，若核心PCE通胀持续向2%目标收敛，将在7月会议上支持启动政策利率 调整。这种转变与美联储主席鲍威尔6月会议后的谨慎基调形成鲜明对比，凸显决策层内部对关税政策影响评估的显著分歧——鲍曼认为供应链改善已抵消 关税推升物价压力，而鲍威尔则警示关税可能拖累经济活动。 市场与央行的预期错配正在加剧资产价格波动。利率期货市场当前对2024年降息幅度的定价已远超美联储最新点阵图暗示水平，这种超前押注在鲍曼释放鸽 派信号后进一步强化。但 ...

分析；日内将可关注美国第一季度经常帐(亿美元)、美国4月FHFA房价指数月率、美国4月S&P/CS20座 大城市未季调房价指数年率、美国6月谘商会消费者信心指数等众多数据，整体预期偏向利好金价，将 会对金价产生反弹提振。 同时还需关注，欧洲央行行长拉加德发表讲话；英国央行行长贝利出席上议院经济事务委员会会议；以 及包括美联储主席鲍威尔和众多美联储官员的讲话情况。关注对金价造成的影响波动。 黄金开盘延续隔夜尾盘回撤之力，以及特朗普表示以色列和伊朗已同意全面停火而先行表现走低，一度 再探昨日低点附近及其下方，但美元指数昨日收跌，以及今日开盘继续走低，则限制了金价跌幅。使其 金价在回落调整的同时，仍具有反弹需求。 其美元指数，日图走势仍未能稳健运行在中轨上方，并再度走低在短期均线之下，空头力量加大，布林 带又再度偏向开口向下的预期，暗示后市将继续走低回落，而会对金价产生支撑，周图走势也未能反弹 至5-10周均线上方，并再度走低，也加强了后市看空压力，月图也依然处于回落压力之中； 故此，前景上，将维持看空不变，继续等待触及年初就已经给出的目标位200月均线附近，而会对金价 产生较大利好，所以，金价短期震荡调整，方向上 ...

Core Insights - Hapbee Technologies Inc. has experienced significant growth, with a 198% increase in Q4 device sales revenue and a 200% rise in shipments, driven by a revitalized marketing strategy and expanded retail presence [1][2][3] Group 1: Financial Performance - Q4 2024 marked a breakout period for Hapbee, with device sales revenue soaring 198% and unit shipments doubling quarter-over-quarter [3] - The strategic reset included two private placement rounds and a targeted ambassador engagement strategy, which amplified brand presence and consumer demand [2][3] Group 2: Marketing and Retail Expansion - Hapbee products are now available in over 380 Target stores nationwide and online, enhancing consumer access and strengthening the retail distribution network [4] - The company launched a collaboration with Jumeirah Group to integrate its products into luxury spa wellness programs, with plans for further expansion [4] Group 3: Product Development - Introduction of a new entry-level Smart Sleep Membership priced at $10/month or $99/year, broadening the sleep-wellness offering [5] - Investments were made in developing a next-generation mobile app and redesigning the website to enhance user experience and create new subscription revenue channels [6] Group 4: Leadership and Strategic Direction - Hapbee welcomed notable figures to its Board of Directors, including NBA All-Star Jaylen Brown, enhancing strategic guidance in product innovation and international expansion [7] - The CEO emphasized the successful execution of a strategic reset aimed at improving product experience and brand awareness, leading to strong Q4 results [8]

转自：智通财经 宝丰能源内蒙古煤基新材料项目投产总结分享丰硕成果 6月16日，在鄂尔多斯市乌审旗宝丰能源内蒙古煤基新材料产业基地会议中心，中国工程院院士、中国 科学院大连化学物理研究所所长刘中民，中国科学院院士、北京大学能源研究院院长金之钧，高端煤基 新材料行业领军企业宝丰能源董事长党彦宝，与来自国内煤化工领域的权威技术专家，航天长征、中国 天辰、SEI、中石化广州院及国家级科研机构的技术专家、负责人，镇海石化、沈鼓集团、兰石重装、 杭氧集团、张化机等大型装备头部制造企业负责人，中国化学、中油吉林等安装建设领域领军企业负责 人，以及多家投资机构代表等百余名嘉宾齐聚一堂，分享新质生产力通过科技自主创新，用煤替代石油 生产聚烯烃的重大工业化成果；总结这一成果为筑牢国家能源安全根基、赋能"制造强国"建设贡献出的 坚实力量，为端稳端牢我国能源饭碗凝聚智慧合力。 宝丰能源董事长党彦宝分享发言 为积极响应党和国家战略号召，抢抓鄂尔多斯打造国家现代能源经济示范区的重大机遇，我们投资673 亿建设煤基新材料示范项目，一期仅用18个月建成投产全球单厂规模最大的用煤替代石油生产聚乙烯、 聚丙烯的超大工业化工厂，年产300万吨烯烃 ...

Core Viewpoint - Meituan is accelerating its instant retail business, focusing on enhancing supply capabilities and expanding its market presence both domestically and internationally [1][2] Group 1: Instant Retail Business Expansion - Meituan announced a comprehensive upgrade of its instant retail business, including the expansion of "Meituan Flash Purchase" and "Little Elephant Supermarket" [1] - The company aims to enhance its supply capabilities and improve local retail infrastructure, particularly in fresh food and daily necessities [1][2] - The upgrade involves reallocating resources from community group buying to focus on instant retail, indicating a strategic shift towards more certain growth areas [1][2] Group 2: Market Performance and Growth Projections - Instant retail has officially entered the mainstream e-commerce sector, with sales during the 2025 "618" shopping festival reaching 855.6 billion yuan, a 15.2% year-on-year increase [3] - Instant retail sales amounted to 29.6 billion yuan during the same period, growing by 18.7%, outpacing traditional e-commerce growth [3] - Little Elephant Supermarket is projected to exceed 20 billion yuan in agricultural product sales by 2025, indicating significant growth potential [3][4] Group 3: Strategic Positioning and Competitive Landscape - Little Elephant Supermarket has entered 18 cities, focusing on key economic regions, and is positioned to expand its national retail network [5][6] - The supermarket's growth trajectory places it among the top players in the market, competing directly with established brands like Dingdong Maicai and Hema [4][6] - Meituan's strategy emphasizes leveraging its existing supply chain and logistics capabilities to enhance operational efficiency and reduce costs [7][9] Group 4: Integration of Resources and System Capabilities - Meituan's approach involves integrating resources across its various business units, allowing for shared logistics and operational efficiencies [8][9] - The company has transitioned from a capital-intensive model to a more sustainable one, focusing on optimizing existing resources rather than extensive new investments [9] - This resource integration is seen as a key factor in the successful scaling of Little Elephant Supermarket and its competitive positioning in the market [8][9] Group 5: Future Outlook and Industry Trends - The competition in instant retail is intensifying, with major players like JD and Alibaba also ramping up their efforts in this space [10][12] - Meituan's strategy includes a focus on high-frequency and high-value categories, such as electronics and daily necessities, to capture a larger market share [10][11] - The overall trend indicates that instant retail is becoming a standard offering among major e-commerce platforms, marking a shift in the competitive landscape [12]

Core Insights - The establishment of the "Robot University" in Hefei marks a significant step towards developing intelligent robots from mere demonstrations to practical human assistants [1][3][5] - The initiative aims to create a comprehensive ecosystem for the intelligent robotics industry, integrating public services, incubation, investment funds, and demonstration scenarios [3][5][7] Group 1: Training and Development - The intelligent robotics public service platform consists of four main components: parts production, product testing, scenario training, and competitive events [3] - The pre-training facility spans 700 square meters and will expand to 5,000 square meters by the end of 2025, aiming to recruit over 20 intelligent robot companies and operate more than 100 robots across 30+ scenarios [3][5] - The training facility will deploy over 100 heterogeneous intelligent robot clusters, including humanoid service robots and wheeled robots, to facilitate real-time data collection and processing [5] Group 2: Industry Collaboration and Innovation - The collaboration between the International Advanced Technology Application Promotion Center and Hefei Yao Hai District aims to foster the development of the intelligent robotics industry [3][7] - Hefei's policies are designed to lower the barriers for companies by providing affordable access to computing power, scenarios, and anonymized data [7] - The training facility will implement a "same platform, same plan" mechanism with Shanghai to ensure data and training results are interconnected, promoting regional industrial integration [7]

Core Viewpoint - OpenAI's $6.5 billion acquisition of the "IO" project has led to a lawsuit from a startup named IYO, claiming trademark infringement and unfair competition due to similarities in product design and branding [2][22][44]. Group 1: Lawsuit Details - IYO, founded in 2018 from Alphabet's Google X, has invested $60 million to develop next-generation hardware that allows users to interact with devices without traditional interfaces [7][8]. - The lawsuit claims that OpenAI was aware of IYO's brand and products since at least 2022 and had multiple meetings with IYO's team, including discussions about potential collaboration [14][16]. - IYO's product, IYO ONE, is an audio-based device that uses voice commands for interaction, which closely resembles the functionality of OpenAI's IO project [10][22]. Group 2: Product Comparisons - IYO ONE features a unique design with 16 beamforming microphones and bone conduction technology, enabling immersive audio experiences and private voice interactions [25]. - The software applications of IYO ONE include real-time voice translation, smart noise cancellation, and an AI-driven music assistant, all coordinated by a natural language agent named SHELL [28][29]. - OpenAI's IO project, announced with high expectations, aims to redefine human-computer interaction without screens, echoing IYO's long-established concepts [32][35]. Group 3: Trademark and Branding Issues - IYO applied for the "IYO" trademark in September 2021, which was approved in June 2024, covering audio headphones and related electronic devices [36]. - The IO project was registered as a Delaware company in September 2023, with operations starting in April 2024, raising questions about the timeline of trademark awareness [37]. - IYO alleges that OpenAI's use of the "IO" name is likely to cause confusion in the market, impacting IYO's brand reputation and funding efforts [22][39]. Group 4: Legal Proceedings and Responses - Following the lawsuit, a temporary restraining order was issued, requiring OpenAI to remove promotional materials for the IO project [44]. - OpenAI's legal team has responded by denying IYO's claims and asserting that the use of the "IO" name was not malicious [46]. - The ongoing legal battle raises concerns about the future of both companies, with potential implications for product launches and market positioning [51].