江苏雷利电机股份有限公司 控股股东、实际控制人行为规范 第一章 总则 第一条 为了进一步规范江苏雷利电机股份有限公司(以下简称"公司")控股 股东、实际控制人行为，完善公司治理结构，保证公司规范、健康发展，根据 中 华人民共和国公司法》 中华人民共和国证券法》 上市公司治理准则》 深圳证 券交易所创业板股票上市规则》(以下简称" 上市规则》")、 深圳证券交易所 上市公司自律监管指引第 2 号——创业板上市公司规范运作》(以下简称" 规范 运作指引》")、 深圳证券交易所上市公司自律监管指引第 18 号——股东及董 事、高级管理人员减持股份》(以下简称" 减持指引》")等有关法律、法规、规 范性文件和 江苏雷利电机股份有限公司章程》(以下简称" 公司章程》")的有 关规定，结合公司实际情况，制定本规范。 第二条 控股股东，是指其持有的股份占公司股本总额超过 50%的股东;或者 持有股份的比例虽然未超过 50%,但其持有的股份所享有的表决权已足以对股东 会的决议产生重大影响的股东。 第三条 实际控制人，是指通过投资关系、协议或者其他安排，能够实际支 配公司行为的自然人、法人或者其他组织。 第四条 以下主体的行为 ...

Core Insights - The ongoing food delivery battle is characterized by significant cash subsidies, reminiscent of previous market competitions, but it also reflects deeper industry upgrades and innovations [2][5][10] Group 1: Cash Subsidies and Market Dynamics - JD's food delivery service has provided over 10 billion yuan in subsidies since its launch, with daily subsidies around 200 million yuan [2] - Meituan's subsidies reached 300 to 400 million yuan on a recent Saturday, while Taobao Shanguo's exceeded 1.2 billion yuan, indicating aggressive competition [2] - Taobao Shanguo has captured approximately 60% of the incremental market share, with daily orders increasing from 100 million to 200 million [4] Group 2: New Business Models - JD's entry into the food delivery sector aims to create a new business model focused on fresh supply chains rather than direct competition with Meituan [3] - Taobao Shanguo's innovative model integrates online and offline resources, creating a new ecosystem for instant consumption across various categories [4] Group 3: Industry Upgrades - The food delivery industry is undergoing significant upgrades, including full insurance coverage for delivery personnel and enhanced algorithms for better service [5] - Meituan's flash purchase service saw a doubling of GMV across over 100 categories during the 618 shopping festival, supported by a network of 30,000 front warehouses [5] Group 4: Digital and Physical Integration - The current food delivery battle is not just about cash burn but also about the ability to upgrade the industry, reflecting a broader trend of digital and physical integration [6][7] - Companies like JD and Alibaba are leveraging their strengths in supply chain and e-commerce to create synergies that enhance consumer experiences and operational efficiencies [8][9] Group 5: Future Implications - The food delivery battle signifies a shift towards new models and technologies that meet evolving consumer demands, suggesting a potential transformation in the internet industry as a whole [10]

近日，全球最大的Web3.0（第三代互联网）安全公司CertiK发布《Skynet2025年上半年稳定币全景报告》，围绕稳定币行业的市场表现、风险格局、监 管进展与发展趋势，进行了系统梳理与分析。 报告显示，2025年上半年稳定币市场持续扩张，供应总量达2520亿美元，月度结算量增长43%。用户活跃度显著提升，持有地址总数突破1.2亿（截至 2024年第三季度）。USDT依然是持有者最广泛的稳定币，地址数量超过580万个，约为USDC的2.6倍。 报告警示，稳定币正成为部分黑客洗钱的主要工具，如TRON等网络因其手续费低、流动性强的特点成为首选。虽然此类交易在总体交易量中占比下 降，但绝对金额仍达数百亿美元，带来极大的合规风险。2025年3月，Garantex交易所被取缔，正是监管加强此类合规审查的标志性事件。 监管落地也重塑市场格局，稳定币加速融入主流金融体系。随着《STABLE法案》《GENIUS法案》在美国国会取得进展，以及欧盟MiCA法规全面落 地，监管成为重塑稳定币格局的关键力量。合规压力促使市场分化加剧：拥有牌照与透明储备的机构级项目正在获得更高市场信任，而尚未完成合规的发 行方则正逐步被主流交易 ...

陪跑"反内卷"或使锂价高估，关注后续产业资金入场动作 - 碳酸锂产业链周度数据报告 2025年07月23日 孙皓 从业编号：F03118712 投资咨询：Z0019405 sunhao@thqh.com.cn www.thqh.com.cn 李英杰 从业编号：F3040852 投资咨询：Z0010294 手机：18516056442 liyingjie@thqh.com.cn 一、周报小结 基本面简述： 1、锂矿：锂矿审计引供给收缩预期。当前矿端的供需仍旧表现的较为平稳，澳矿生产大多按照计划进 行，尚未出现预期外的减停产情况出现，江西部分一体化产能需重新测定矿山矿种以及盐湖地区的手续补充 要求短期刺激供应收缩预期，不过在当前库存情况下，实际影响或有限。 2、锂盐：借题发挥氛围浓厚，期市上行或引发产业保值入场。市场"反内卷"行情仍旧持续，但碳酸 锂仍旧不是"反内卷"行情的直接受益者，且下游的产能限制甚至会造成负面影响；江西与盐湖的矿证问题 确会引发供应收缩预期，但与"反内卷"题材捆绑实属牵强；当前市场借题发挥的氛围浓厚，期价持续上行 的话，或吸引产业的保值头寸入场。 3、正极材料及锂电池：反内卷或引发终端缩减。 ...

Group 1 - The 2025 China Internet Conference was held in Beijing from July 23 to 25, focusing on the theme "Digital Drives New Quality, Intelligent Creation of the Future" [1] - The conference featured over 30 thematic activities, including special forums, industry forums, closed-door seminars, exhibitions, high-level dialogues, and enterprise deep-dive sessions [1] Group 2 - Discussions at the conference highlighted the dual nature of AI security, emphasizing the need for both protecting AI models and enhancing system security through AI technology [2] - The internet's audio and video traffic accounted for 85% of total traffic last year, with projections suggesting it could reach 90% this year [2] Group 3 - The human-shaped robot industry is gaining attention due to advancements in internet technology, particularly language models, which enhance human-robot interaction [3] - The continuous upgrade of communication technologies like 5G is accelerating the market expansion for human-shaped robots [3] - The naked-eye 3D technology is maturing, with a shift in consumer entertainment demands towards 3D experiences [3] Group 4 - The integration of internet technology with vertical industries is crucial for creating economic value, requiring detailed analysis of industry-specific processes and characteristics [4] - The rapid development of AI presents a favorable opportunity for internet technology to serve vertical industries, which should lead the integration process for better economic outcomes [4]

Core Insights - The smart glasses industry is gaining significant attention with major players like Apple, Google, Meta, and Xiaomi making strides in the market. XREAL has launched its flagship AR glasses, XREAL One Pro, which sets a new benchmark with a 57-degree field of view, surpassing previous models by over 38% in visible area [1][2] Group 1: Product Innovations - XREAL One Pro features the X1 spatial computing chip, designed specifically for AR glasses, addressing key issues such as power distribution, latency control, and bandwidth optimization, achieving a low latency of 3 milliseconds [2] - The new X Prism optical engine technology allows for a wider field of view and a more compact design, enhancing the user experience by transforming the virtual display into an immersive spatial canvas [1][2] Group 2: Market Position and Collaborations - XREAL has been recognized as the global sales leader in the AR sector for three consecutive years, with its market share in 2024 being greater than the combined total of its second, third, and fourth competitors [3] - The company has received over 10,000 positive feedbacks from international users since launching overseas pre-orders in May, indicating strong market acceptance [2] - XREAL is the first and only Chinese company to collaborate with Google in the AR field, working on the upcoming Project Aura, set to launch in 2026, which will be the first smart glasses natively supporting the Android XR platform [2] Group 3: Future Outlook - The entry of AI glasses into the market is seen as a potential game-changer, with the belief that AI can complete the ecosystem of XR and AR technologies. However, XREAL is currently focused on AR glasses and has not yet developed AI glasses [4] - The future of AI glasses is expected to involve advanced features such as eye-tracking capabilities that provide detailed insights into user interactions, which are currently not achievable with other devices [4]

Core Insights - The strategic partnership between Saiyi Information and Comma Technology aims to leverage Physical AI to enhance supply chain efficiency and reduce costs in the manufacturing sector [2][4][6] Group 1: Strategic Collaboration - The collaboration focuses on integrating Saiyi Information's ERP implementation capabilities with Comma Technology's AI algorithms to provide innovative solutions for supply chain intelligence [2][4] - This partnership is positioned as a key move in response to the global trend of integrating AI into business processes, marking the transition from theoretical concepts to practical applications [4][6] Group 2: Physical Internet and Logistics Innovation - The Physical Internet (PI) is highlighted as a revolutionary infrastructure in logistics, aiming to create a globally interconnected and efficient logistics network through standardized containers and smart nodes [4][5] - Comma Technology is recognized as a pioneer in the Asia-Pacific region for transforming PI theory into industrial practice, significantly reducing logistics costs for major companies [5] Group 3: AI and Supply Chain Optimization - The collaboration will enhance Saiyi Information's supply chain solutions by integrating Comma Technology's advanced logistics AI decision-making capabilities, optimizing the entire value chain [6] - The C-LINK smart logistics platform from Comma Technology utilizes real-time data to optimize logistics operations, aligning with the emerging trends in Physical AI [5][6]

Group 1 - The company has entered into two agreements to obtain exclusive rights to issue and launch digital collectibles based on the epic painting "浩气长流" [1] - The agreements are effective from July 7, 2025, to July 7, 2026, with the current valuation of the rights held by the licensor at RMB 36 million [1] - If the valuation report determines a value below RMB 30 million, the licensor has the right to unilaterally terminate the issuance of the digital collectibles [1] Group 2 - The painting "浩气长流," created by a team of over 50 Chinese artists led by Wang Kang, depicts the resistance of over 800 Chinese people during the Sino-Japanese War [2] - The agreement signifies an important advancement for the company in the cultural technology and digital asset sectors, aiming to preserve and promote Chinese historical culture through modern digital forms [2] - The company seeks to expand its business footprint in the Real World Asset (RWA) industry and explore innovative applications of digital collectibles and blockchain technology [2]

据课题组相关负责人介绍，ChemActor可实现非结构化实验描述与结构化实验操作指令"双向翻译"，突 破了化学实验自动化的"语言壁垒"，能够让AI真正"读懂实验、指导操作"。它并非只"能生成"，更 能"写得真"。在两个公开化学实验数据集上，ChemActor相较现有方法在实验指令生成任务中性能提升 平均超过10%，在语义对齐、逻辑合理性与结构还原等方面全面领先。 突破"语言壁垒"，让AI"读懂实验、指导操作" 中化新网讯 近日，上海交通大学人工智能研究院AI for Science团队推出业内首个融合链式数据生成和 分布差异筛选的实验指令生成框架大模型——ChemActor。该模型基于70亿参数模型进行微调训练，可 在不依赖人工标注的前提下，自动完成从单分子输入到完整实验流程生成的全过程。 ChemActor具备"读懂实验语言、写出操作指令"的闭环能力，其主要核心创新点有3个：一是首次以 LLaMA-2-7B大语言模型为基座，构建了具备化学实验语言理解能力的专用大语言模型，能够高效生成 结构化实验指令；二是首次提出链式大语言模型合成数据框架，集成了"反应—描述文本—操作指令"三 元组数据，能够缓解标注数据稀缺 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 公 告 全 部 或 任 何 部 分 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 之 任 何 損 失 承 擔 任 何 責 任。 FUTURE DATA GROUP LIMITED 未來數據集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號： 8229） 自願公告 未 來 數 據 集 團 建 議 推 出 基 於 國 畫《浩 氣 長 流》的 數 字 收 藏 品 本 公 告 乃 由 未 來 數 據 集 團 有 限 公 司（「本公司」或「未來數據集團」，連 同 其 附 屬 公 司 統 稱「本集團」）自 願 作 出，藉 以 知 會 本 公 司 股 東（「股 東」）及 潛 在 投 資 者 有 關 本 集 團 的 最 新 業 務 發 展。 該等協議 本 公 司 董 事 會（「董事會」）欣 然 宣 佈，於 二 零 二 五 年 七 月 二 十 二 日，本 公 司 與（其 中 包 括）史 詩 級 巨 幅 國 畫《浩 氣 長 ...