5月25日—29日，以"深化改革增动能 扩大开放促发展"为主题的第二十届中国 西部国际博览会在 成都举行，作为本届西博会"唯一指定用酒"，五粮液携全链成果亮相，立体展现了其"因酒而生，却 不止于酒"的产业跨界融合风采，以多个领域的科技创新，展现东方酿造的产业链革新之路。 开幕式现场 西博会发端于西部大开发、始创于2000年，至今已成功举办了19届，是西部地区规模大、门类全、 影响力强的开放合作展会平台，作为中国对外开放的重要窗口，已经成为世界了解中国西部、中国西 部走向世界的重要桥梁和纽带。 作为川酒代表和行业龙头企业，五粮液积极参与西部大开发，坚持"做强酒业 做优非酒 做大平台"发 展战略，迅速成长为一家以酒业为核心，涉及绿色包装、机械制造、智慧物流、金融投资、大健康产 业等领域的特大型国有企业集团。 跨界融合发展 "因酒而生，却不止于酒" 今年西博会上，五粮液深度参与各项活动，并在欢迎会上，展示中国传统酿造技艺的深厚底蕴，以一 杯"大国浓香"架起中国与世界美美与共的交流桥梁。与此同时，五粮液还创新展陈方式，"从一粒种 子到一瓶美酒，从一瓶美酒到美好生活"，全产业链展示了以酒业为根，多元协同发展，以科技创新 ...

余花荣提到的警务室于2022年10月正式开始运营；同期挂牌内设的还有江宁博望/跨界一体化联合人民 调解委员会（下称"调解委员会"）；2025年4月，以横溪街道便民服务中心为依托的两省一街社会综合 治理政务服务中心（下称"服务中心"）正式入驻。 上述这一融合了公安警力、司法调解、政务服务等部门资源的示范性跨界"综合体"，共覆盖了江宁、博 望两个区域共约16万居民。警务室方面，两地居民的身份证、户籍、证明类等业务已实现了互办互认； 调解委员会方面，自设立以来已调解跨省居民和企业纠纷200余件；服务中心方面，政务服务便民窗口 可办理的事项清单有32项，窗口累计办件1504件。 关于司法调解促进两地产城融合，江苏省江宁区丹阳司法所所长周德宏介绍称，从过去经验来看，江 宁、博望两个区域的司法案件和纠纷主要集中在建设施工、工伤理赔、公共事务等领域。比如，建设施 工方在跨界工程建造中把博望当地百姓田地的排水沟堵住了，当地司法所就需要在接到投诉后第一时间 处理；再如，博望当地百姓之前进行家用水表拆分，但由于供水水管设在丹宁，这就需要协调丹宁水务 部门来操作。 融合了公安警力、司法调解、政务服务等部门资源的示范性"综合体"，正 ...

记者：伍秀 2013 年，杨旭毕业于剑桥大学，进入摩根大通从事投资与财务分析工作。2019 年，她加入纽约证券交 易所，出任中国区负责人。在任期间，凭借敏锐的市场判断力与战略执行力，她将纽交所在中国的市场 份额从 22% 提升至 90%，成功协助 30 余家亚太地区的领先企业登陆资本市场，累计融资金额超过 170 亿美元，显著提升了纽交所在全球市场的影响力。 转型进入私募股权投资领域后，杨旭在华平投资主导消费科技板块，参与多个标志性项目；随后在 Hedosophia 深耕金融科技与 SaaS 领域，带领团队发掘出一系列高成长潜力的优质公司。 2024 年，杨旭开启职业生涯新篇章，创立 Buttonwood Capital 并成功完成 8000 万美元的首期基金募 集，随即主导了对物理仿真平台 Flexcompute 的 5300 万美元投资。与此同时，她也成为 Flexcompute 的 联合创始人兼总裁，与 Cadence、NVIDIA 等行业巨头建立深度合作关系，正式迈入"投资人 + 创业 者"并行的新阶段。 从剑桥学子、华尔街分析师，到全球资本市场的操盘手，再到深度参与技术创业的创始人，杨旭每一次 职业 ...

Core Insights - The潮玩 industry is transitioning from a focus on figurines to a broader range of products, driven by consumer demand for emotional connection and social value [1][11] - Companies are diversifying their product offerings and pricing strategies to cater to a wider audience, moving beyond traditional toy categories [4][10] Category Expansion - The潮玩 market has expanded from primarily figurines to include plush toys, building blocks, jewelry, and card games, creating differentiated competitive advantages [3] - The plush category is expected to perform particularly well by 2025, as evidenced by the successful global launch of泡泡玛特's LABUBU series, which topped the App Store shopping charts in the U.S. [3][4] Financial Performance - 泡泡玛特's latest financial report indicates an increasing revenue share from the plush category, reflecting a shift in consumer interest towards diverse product experiences [4] - The company is implementing differentiated pricing strategies to cover various consumer segments, enhancing market penetration [4] Cross-Industry Collaboration - The collaboration between潮玩 brands and popular IPs, such as the film《哪吒之魔童闹海》, has proven to enhance product value and market reach [6][7] - Cross-industry partnerships are seen as a growth engine, allowing潮玩 brands to tap into new consumer demographics and cultural experiences [7] Content Ecosystem - The潮玩 industry is evolving from mere visual appeal to a focus on storytelling and cultural significance, with IP-driven content ecosystems becoming essential for consumer loyalty [8][10] - Companies are investing in both internal IP development and external collaborations to enrich their content offerings and enhance brand engagement [10] Emotional and Cultural Transformation -潮玩 products are increasingly viewed as cultural symbols that allow consumers to express individuality and seek community recognition [11] - The industry is exploring interactive experiences, such as theme parks and social events, to strengthen emotional ties between consumers and IPs [11]

Group 1 - The Central Cyberspace Administration of China has issued a notice to strengthen the crackdown on the "open box" issue, requiring major platforms like Tencent and Douyin to take responsibility and adopt a zero-tolerance approach [1] - The notice emphasizes the need to block the dissemination of "open box" information, improve early warning mechanisms, increase punitive measures, optimize protective measures, and enhance public awareness [1] - The "open box" behavior is described as a severe violation of personal privacy and a disruption to online order, which has crossed legal boundaries [1] Group 2 - SF Express has formed a strategic alliance with Shanghai Disney Resort, becoming the official logistics and express service partner for the resort [2] - The partnership will allow visitors to easily send items purchased at designated stores within the resort through a dedicated mini-program developed by SF Express, enhancing the visitor experience and potentially stimulating consumption [2] - The collaboration is expected to significantly increase SF Express's business volume due to the large visitor flow and surrounding merchandise sales at Disney [2] Group 3 - Liu Genghong and his wife have launched a new clothing brand, VIVICYCLE, focusing on light sports apparel aimed at Generation Z and women over 25 [3] - The brand plans to expand to 100 stores nationwide by the end of 2026, with a product line that includes yoga wear, dance outfits, and outdoor sports gear, priced between 99 to 399 yuan [3] - The brand's success will depend on overcoming challenges in product innovation, supply chain management, and store operations in a highly competitive sportswear market [3] Group 4 - Actor Zhang Han is facing a lawsuit related to unpaid capital contributions in a restaurant venture, with a court hearing scheduled for July 28 [4] - The restaurant company, established in January 2021 with a registered capital of 10 million yuan, has faced multiple bankruptcy auction listings and has been included in the list of companies with operational anomalies [4] - If the court finds Zhang Han at fault for capital contribution issues, he may face obligations to repay contributions and potential joint liability, which could damage his commercial reputation [4]

膜法世家生产车间内，工作人员正在进行产品包装。 海龟爸爸科研发展展示区。 广州是中国的美妆之都，目前正着力发展成"国际美湾"。 据第二届"广州国际美妆周"会上发布的《2024广州化妆品产业白皮书》，截至2024年11月底，广州市化 妆品生产企业数量达1841家，约占广东省总量的56%，约占全国总量的31%。在产值方面，广州市化妆 品产业年产值超过1000亿元，占比超过全省70%，居全国首位。在流通领域，广州市拥有全国最大的化 妆品交易集散地，每年有近40万种化妆品在全国范围内流通，超过全国总量的一半。 功效、研发、价格、营销......广州美妆企业在面对竞争激烈的市场格局有何作为?"寻找南粤新质生产力 调研"第三期，我们走进化妆品行业优质企业代表，探寻企业发展的创新路径。 芭薇股份 芭薇股份成立于2006年，主要从事化妆品ODM业务，是一家具备护肤、面膜、洗护、彩妆等多品类化 妆品生产能力，集产品策划、配方研发、规模化生产、功效检测于一体的化妆品品牌客户服务商。截至 目前，公司累计服务的化妆品品牌超1000家，包括联合利华、多芬、力士、HBN、丸美生物、谷雨、 纽西之谜等。2024年3月，芭薇股份在北京证券交 ...

Core Viewpoint - The 21st China (Shenzhen) International Cultural Industry Expo (Cultural Expo) showcased the integration of cultural revitalization and industry in Shanwei, highlighting the achievements of the Deep-Shan collaboration [2][3][52]. Group 1: Event Overview - The Cultural Expo took place from May 22 to 26 at the Shenzhen International Convention and Exhibition Center, being the largest and most influential event in China's cultural industry [2][3]. - The event served as an important platform for showcasing regional collaboration achievements, featuring various innovative forms such as dual pavilion linkage and live-streaming to promote agricultural products [4][52]. Group 2: Shanwei's Cultural Presentation - Shanwei's themed pavilion, titled "Mountain and Sea, Meet Shanwei," became a unique highlight of the expo, featuring seven distinct thematic exhibition areas showcasing intangible cultural heritage and local specialties [9][11]. - The pavilion included displays of traditional crafts, cultural products, and local delicacies, attracting significant visitor interest and engagement [12][13][18]. Group 3: Agricultural and E-commerce Integration - The expo featured a sub-venue for the Qing Apple Live E-commerce Industry Park, exploring new paths for "live-streaming + industry" integration, which showcased various thematic activities related to rural revitalization and cultural tourism [27][30]. - The live-streaming events successfully promoted local agricultural products, with notable sales achievements reported by participating businesses [25][39]. Group 4: Cultural and Tourism Development - Concurrently held was the Cultural Tourism Resource Promotion Conference, which focused on exploring new pathways for the transformation and integration of the cultural tourism industry [41][52]. - Shanwei promoted its eight major islands and introduced a development plan aimed at enhancing tourism infrastructure and experiences, contributing to the revitalization of the local economy [44][46][47]. Group 5: Future Prospects - The expo demonstrated the fruitful outcomes of the Deep-Shan collaboration, with plans for continued support and cooperation to further enhance Shanwei's cultural and economic landscape [52][53].

为了寻找新的增长点，三只松鼠近年来推出了多个细分领域品牌，如"小鹿蓝蓝"、"养了个毛孩"、"铁功基"等。然而，这些新品牌的市场表现却普遍不 佳。以"小鹿蓝蓝"为例，尽管在2024年实现了7.94亿元的营收，但其占总营收的比重却有所下降，反映出该品牌在集团业务中的地位并未得到显著提升。 而其他新品牌更是几乎在财报中"隐形"，市场表现近乎为零。 在零食行业的激烈竞争中，三只松鼠，这个曾经被誉为"国民零食第一股"的品牌，如今却陷入了前所未有的困境。尽管其正积极筹备港股IPO，试图通过 资本市场寻找新的增长点，但深入分析其财务状况、市场表现及战略布局，不难发现，这一举动或许只是其掩盖颓势、寻求短期资金支持的无奈之举。 2024年，三只松鼠虽然实现了营收与净利润的双增长，但这一成绩并未能持续到2025年。一季度财报显示，公司净利润同比大幅下滑22.65%，扣非净利 润更是骤降38.31%，呈现出明显的"增收不增利"现象。销售费用和管理费用的激增，尤其是销售费用高达6.95亿元，同比增长17.24%，进一步侵蚀了公司 的利润空间。经营现金流的锐减更是引发了市场对其资金链紧张的担忧。 | | 本报告期 | 上年同期 | 本 ...

来源|21世纪经济报道 烧本烧烤肉门店以"火星探索"为主题，一度极具人气。 据官网信息，2021年5月，"烧本烧"本味烧肉店 在宁波正式开业时，张翰携张柏芝、李治廷等明星好友共同参与了品牌发布会，不少网红、KOL前来助 力。 根据窄门餐眼数据，截至5月27日， 仍有7家烧本烧烤肉门店在营 ，覆盖了5个省份、6座城市，大多聚 集在低线城市。 明星开餐饮，又出事了！ 一纸来自上海铁路运输法院的传票，将演员张翰与烧本烧餐饮公司的资本纠葛推上风口浪尖。 5月26日，法院送达烧本烧(上海)餐饮管理有限公司与张翰等追收未缴出资纠纷一案开庭传票等，将于7 月28日在上海铁路运输法院开庭审理。 曾作为烧本烧品牌"火星烤肉主理人"，张翰多次出镜宣传。 公开资料显示，该公司成立于2021年1月，注册资本1000万元，张翰曾持股10%，并于2023年4月退 出。值得注意的是， 张翰退出该公司时距离后者首次被限制高消费仅隔半年 ，时间线的微妙重叠引发 市场诸多揣测。 该公司关联多起破产拍卖信息，被列入企业经营异常名录 ，并已多次被限制高消费。2023年以来曾 5次 被列为被执行人 ，总金额达到224.92万元。2024年，烧本烧上海 ...

近日，深交所创业板某上市公司在前次重组终止仅三个月后，再度推出收购计划，拟收购某标的公 司股权。笔者认为，应强化对上市公司重大重组运作的制度约束。 该上市公司主营业务为针织机械，近年来多次尝试跨界并购，涉及半导体、移动互联网等领域。早 在2016年就因高溢价收购两家互联网公司，形成巨额商誉后爆雷，导致2019年和2020年连续出现巨额亏 损。今年2月宣告并购某半导体公司失败后，如今仅隔三个月又再度推出跨界收购计划。值得关注的 是，新标的公司经营范围涵盖近90项业务，与上市公司主营业务相差甚远，且标的公司IPO辅导报告显 示，其内控仍需持续整改。 应该说本案并非孤例。近年来，一些资质平平或存在问题的上市公司频繁运作资产重组，其目的不 排除通过制造重组题材刺激股价短期上涨，但最终往往未能真正提升公司盈利能力，有的甚至导致经营 状况进一步恶化。更有甚者，一些公司在重组过程中存在信息泄露、内幕交易等问题，有的最终沦为半 途而废的忽悠式重组。分析其原因，主要在于： 一是资产重组信息披露几乎无门槛。现行《上市公司重大资产重组管理办法》（下称《办法》）对 重组上市规定了一些规范性门槛条件，如"上市公司及其控股股东、实控人最 ...