Core Viewpoint - Chengdu is focusing on leveraging the cultural tourism industry, particularly through the integration of cultural, commercial, and tourism sectors, to enhance its global competitiveness and transform its resource advantages into high-quality development [1][2]. Group 1: Cultural Tourism Integration - Chengdu aims to deepen the integration of cultural, commercial, and tourism sectors, which is expected to create a multiplier effect that drives overall urban development [4]. - The city has a rich array of cultural tourism IPs, including the Giant Panda and historical sites, but there is a need to enhance the number and impact of signature projects [3][4]. - Chengdu's cultural tourism resources are currently somewhat scattered, and efforts are being made to "polish" these resources through effective integration strategies [4]. Group 2: Brand Development - The city is working on building a brand around "Park City, Happy Chengdu," and aims to enhance the visibility of landmark brands and cultural tourism IPs [5]. - Chengdu is leveraging events such as concerts and exhibitions to create new tourism opportunities, with 55 large concerts held this year, attracting significant cross-city attendance [4][5]. Group 3: Market Participation and Enterprise Development - The integration of cultural tourism is seen as a collaborative effort, with private enterprises being invited to participate actively in the process [6][7]. - Chengdu has a substantial number of cultural and tourism enterprises, with 1,149 cultural enterprises and 906 tourism enterprises, indicating a robust market presence [7]. - The city plans to establish a tiered cultivation system for enterprises to support the growth of cultural tourism, focusing on cultural heritage, quality tourism, and digital creativity [7][8]. Group 4: Future Goals - By 2027, Chengdu aims to optimize the integration of cultural tourism, with targets for retail sales reaching 1.2 trillion yuan and significant increases in the value of cultural and tourism industries [8]. - The city is exploring new business models that combine music, esports, and tourism, which could enhance the overall visitor experience [9].

江西省足球协会7月12日01:29发布《关于球员刘震参赛资格的情况通报》： 近日， 有网友反映 2 025 年江西省城市足球超级联赛南昌队 球员刘震的参赛资格存疑。 江西省足球协 会高度重视，迅速组织核查，现就有关情况通报如下： 2019 年 ，在江西省足协杯成人组比赛中， 南昌队球员刘震 因违反赛风赛纪，受到江西省足球协会终身 禁赛的处罚。 此后，刘震 深刻认识到自己的错误， 并有悔改表现 ， 多次向 江西省足球协会 提出申诉 ，表示自己非常热爱足球运动，希望减轻处罚 。 2021 年 8 月，江西省足球协会按照《中国足球协会纪 律准则》（ 2021 版）， 对 其 当年的 行为进行了复核和审查 ， 并研究决定 将对其 "终身禁赛"的处罚 调整为"禁止参赛 18 个月（ 2019 年 11 月 6 日至 2021 年 5 月 5 日）"。 按照 《 2 025 年江西省城市足球超级联赛 竞赛规程》， 江西省足球协会赛前对全部参赛球员进行了资 格审 查和公示， 认为刘震 符合 参 赛 资格。 据报道， 2025年江西省城市足球超级联赛（简称赣超），将于7月12日19时在南昌八一体育场拉开帷 幕。作为对江西省足 ...

全员募资 这个倒不是啥新玩法了，特别是在一些腰部和尾部机构，全员募资基本是标配。 只不过这两年，出于众所周知的原因，募资难度加大，全员募资愈演愈烈，甚至迭代出了很多新玩法。 比方说，之前听说的某机构全员募资KPI： 投资经理不低于500万元； 一年完不成降级，两年完不成辞退。 当然了，这个只能算是一般操作，星哥听说过一个非常牛逼的玩法： 某新兴的"百亿机构"，公司招了近100个IR，然后给IR定募资任务，按天考核，三个月不达标走人。 你要不说，我都怀疑这是个第三方财富管理公司。 全员FA 这也不是啥新东西，顺手做FA，是很多投资人重要的副业收入来源。 但是投资机构自己下场做FA就不那么常见了： 全员强制跟投 关于全员跟投是好是坏，之前已经讨论过很多次，在这里就不赘述了。 一般来说，我们理解的强制跟投是跟投项目嘛，毕竟谁看好项目谁跟投倒也算合理。 不过随着外部募资越来越难，有些没有节操的机构就盯上了员工的口袋，把强制跟投玩出了各种花样。 投资VP不低于1000万元； 投资总监不低于2000万元； 合伙人不低于5000万元。 一方面是不符合监管要求，因为可能存在利益冲突；另一方面，大家还是要脸的，能躺着赚管理费为 ...

Core Viewpoint - Firefly Aerospace, a Texas-based startup known for successfully landing a robotic spacecraft on the moon, has filed for an initial public offering (IPO) with the SEC, aiming to list on the Nasdaq under the ticker "FLY" [1] Group 1: Company Overview - Firefly Aerospace specializes in small to medium-sized launch vehicles, lunar landers, and orbital space tugs, targeting payloads in the 1-10 ton range and NASA's Commercial Lunar Payload Services (CLPS) missions [2][3] - The company was founded in 2014 and underwent restructuring in 2017 to focus on commercial launches and deep space cargo [2] Group 2: Recent Developments - In November of last year, Firefly completed a $175 million funding round led by RPM Ventures, achieving a valuation of over $2 billion [2] - In May of this year, Northrop Grumman, a major defense contractor, announced an investment of approximately $50 million in Firefly [2] Group 3: Competitive Landscape - Firefly Aerospace aims to create a comprehensive ecosystem of small to medium rockets, lunar cargo transport, and in-orbit tugs, positioning itself in a niche that complements NASA's and U.S. government agencies' needs rather than directly competing with SpaceX's heavy-lift capabilities [3] - The company has secured multiple CLPS contracts from NASA, with individual contract values potentially reaching hundreds of millions of dollars [2]

中经记者 罗辑 北京报道 截至7月11日晚间，9家上市券商发布2025年上半年业绩预告，全员实现净利润大幅增长。随着上半年A 股活跃度回升，券商业绩也水涨船高。多位券商分析师认为，券商板块作为"牛市旗手"，在当前A股重 回活跃的背景下，业绩提升、预期加码，板块有望强势领涨。 业绩暴涨 具体来看，9家首批披露业绩预告的上市券商全员实现业绩预增。9家券商整体净利润或超90亿元，业绩 平均增幅在3倍左右。不过，不同券商之间净利润规模和增长幅度差异较大。 2025年中报券商业绩预告 证券简称 业绩预告摘要 红塔证券 净利润约65137.0800万—69629.3000万元,增长45%—55% 国信证券 净利润约36334.1400万—40424.7400万元,增长51%—68% 华林证券 净利润约27000万—35000万元,变动幅度为118.98%—183.86% 国盛金控 净利润约478000万—553000万元,变动幅度为52%—76% 华西证券 净利润约44500.00万—57500.00万元,变动幅度为1025.19%—1353.90% 哈投股份 净利润约38003.8200万元,增长约233.10% 财达 ...

Core Viewpoint - The development of the Beijing Stock Exchange (BSE) relies on deepening reforms and embracing technological innovation, which is seen as the future of the exchange [4]. Group 1: Market Performance - As of July 11, 2023, the total market capitalization of the 268 listed companies on the BSE reached 834.32 billion, representing a significant year-on-year increase of 175.79%, although the number of listed companies only increased by 19 [3]. - The average daily trading volume on the BSE for the first half of 2025 was approximately 31.22 billion, marking a substantial year-on-year increase of 343.15%, yet it still lags behind the daily trading volumes of the Sci-Tech Innovation Board and the Growth Enterprise Market, indicating room for improvement in market activity [3]. Group 2: Recommendations for Development - It is recommended that the BSE increase support for high-quality, unprofitable enterprises to list on the exchange, particularly in cutting-edge industries such as commercial aerospace and artificial intelligence, to establish a unique brand and become the preferred listing venue for high-potential companies [6][5]. - The BSE should maintain its inclusive regulatory framework to meet the financing needs of innovative small and medium-sized enterprises (SMEs) post-listing, which includes reforms to the issuance system, optimizing the strategic investor system, increasing the proportion of inquiry-based issuance, and expediting the introduction of public convertible bond issuance mechanisms for listed companies [7].

Group 1 - Shanghai Pudong and Xi'an, Shaanxi are implementing the central government's eight regulations, focusing on problem-oriented approaches and categorized guidance to ensure effective learning and education [1][2] - In Shanghai Pudong, nearly 700 enterprise service specialists have been assigned to help businesses understand and apply policies, resulting in significant support for companies, including an AI firm that successfully entered overseas markets with their assistance [1] - A centralized office mechanism has been established in Shanghai Pudong to address issues related to investment promotion, attracting investment, and enterprise services, having visited 4,245 enterprises and resolved 612 issues to date [1] Group 2 - Xi'an is addressing prominent issues in the business environment through extensive outreach, selecting 1,000 enterprises to monitor key indicators related to policy implementation and regulatory enforcement, with monthly reviews to rectify issues [2] - A complaint and supervision platform for optimizing the business environment has been launched in Xi'an, creating a dynamic problem list to ensure accountability and resolution of issues [2] - Xi'an has processed 873 enterprise complaints and resolved 174 issues since the start of the learning initiative, with a focus on addressing urgent problems raised by the public [3]

Core Viewpoint - The recent regulatory changes indicate that securities firms may expand their product offerings to include insurance and bank wealth management products, reflecting a shift towards comprehensive wealth management services in the industry [1][5][12]. Group 1: Regulatory Developments - The China Securities Association (中证协) has released the "28 Measures for High-Quality Development of the Securities Industry," which aims to facilitate securities firms in obtaining licenses for selling bank wealth management and insurance products [1][5]. - The Financial Regulatory Bureau has introduced the "Financial Institutions Product Appropriateness Management Measures," which will take effect on February 1, 2026, establishing a regulatory framework for the sale of financial products [1][2]. Group 2: Historical Context - The ability for securities firms to sell insurance products is not new; regulations allowing this were established as early as November 2012 [2][4]. - Currently, at least eight securities firms, including CITIC Securities and Ping An Securities, have obtained the necessary qualifications to sell insurance products [3][4]. Group 3: Industry Implications - The potential expansion into selling insurance and bank wealth management products is seen as a significant opportunity for securities firms to transition from traditional securities services to comprehensive wealth management [5][8]. - The industry is expected to shift from homogeneous competition to differentiated strategies, as firms seek to enhance their service offerings and meet diverse client needs [5][9]. Group 4: Challenges and Considerations - Securities firms face challenges in adapting to the sales models and regulatory requirements of bank wealth management and insurance products, necessitating enhanced training and compliance measures [6][7]. - The acceptance of insurance products by clients and the suitability of these products for sale through securities channels are critical factors that need to be addressed [7][8]. Group 5: Future Opportunities - The introduction of new sales licenses could significantly enrich the product offerings of securities firms, catering to the growing demand for diversified investment options [8][9]. - The focus on pension-related financial products presents a substantial growth opportunity for securities firms, aligning with national initiatives to develop personal and commercial pension schemes [8][10].

以下文章来源于晚点LatePost ，作者晚点团队 晚点LatePost . 晚一点，好一点 去年5月，永辉超市创始人张轩松带队一百多人去许昌学习胖东来。到现场，让很多人最意外的不是 胖东来招牌一般的服务、员工福利，而是他们发现胖东来只有十来间超市，拿很多商品的价格却比自 己低——永辉当时还有上千间门店、销售额在全国商超排第一。 一家食品品牌几年前第一次接待胖东来的采购人员，当时它还不太有名，不是后来的商业乌托邦。对 接人根本没听过这个牌子，只是被 "不退不换，裸价采购" 的友好采购条件所打动，同意进许昌试一 来源丨晚点LatePost（ID：postlate） 作者丨 沈方伟 编辑 丨王姗姗 黄俊杰 图源 丨 胖东来官网 下，结果大出意料，自己的产品进了胖东来，销量甚至超过很多一二线的新零售超市。现在他们意识 到，进了胖东来就赢得了一整个城市。 许昌市城镇人口250万，去年当地消费零售总额1160亿元，当中有超过1/10花在胖东来的6家综合商 场和4家中型社区超市。如果排除汽车这样的大消费，当地消费开支可能有近两成在胖东来发生。在 全中国应该再也找不到第二家企业能如此深入而彻底地独霸一个城市的消费。 许昌城 ...

Core Insights - The article highlights the practical engagement of students from Beijing Technology and Business University in promoting local products through live streaming, showcasing the integration of education and real-world application in e-commerce [3][4]. Group 1: E-commerce and Live Streaming - The students transformed from novices to skilled live streamers, learning essential sales techniques and e-commerce operations from professional mentors [4]. - They actively promoted local specialties such as traditional sesame oil and handicrafts, effectively bridging the gap between unique products and a broader market [4][5]. - The initiative aims to convert online traffic into actual sales, utilizing the "Internet + Business" model to create new sales channels for local products [4]. Group 2: Industry Chain and Innovation - The practice team conducted in-depth research on the "selection-production-storage-distribution" chain within the e-commerce industry park, highlighting the integration of supply, service, and resource chains [5][7]. - They explored the application of innovative technologies like AI and digital live streaming, which enable 24-hour unattended broadcasts and precise user profiling [7]. - The initiative serves as a comprehensive approach to empower local economies through e-commerce, combining live streaming, promotional content creation, and deep industry research [7].