三方合作将坚持以用户体验为核心、以客户业务需求为导向，持续推动解决方案的功能迭代与优化升 级，保障服务稳定性与用户体验，全面提升客户运营效率。未来，三方还将在广告投流、私域用户运 营、内容生态构建等关键业务环节积极拓展合作场景，共同构建长期稳定、规范有序、可持续发展的行 业合作生态。 超拼网董事长杨建成 腾讯云广东湖南区域总经理王健 作为一家专注电商与家庭服务的平台型企业，超拼网秉持"去中间商、甄选源头好货"的核心理念，整合 产业链、供应链、物流、仓储及AI与大数据技术，构建从产地直达家庭用户的数字化服务体系，业务 涵盖农产品、食品、医疗健康等板块，年度GMV突破38亿元，已成为行业内具有代表性与影响力的平 台；销售易作为腾讯旗下CRM品牌，是中国CRM领导者，大中型企业市占率第一，创新与安全能力第 一，是500强企业信任的首选 CRM；腾讯云作为全球领先的云计算服务商，长期提供云计算、大数据、 人工智能等技术产品与服务，致力于推动产业互联网建设，助力各行业实现数字化升级。 此次合作中，超拼网整合了销售易企微SCRM产品的核心能力，并以腾讯云的云计算及人工智能技术为 底座，共同研发并推出《超拼联盟私域用户运营 ...

Core Viewpoint - The company has signed a framework agreement for a potential acquisition of shares in Huamao International Barter Exchange Co., Ltd. from Beijing Duhuang Information Technology Research Institute, which holds 56.7% of Huamao's shares [1] Group 1: Acquisition Details - The agreement allows the company to negotiate the specific share acquisition ratio and price after completing legal, financial, and business due diligence within three months, extendable by mutual consent [1] - Beijing Duhuang grants the company an exclusive negotiation period of twelve months from the signing of the framework agreement [1] Group 2: Huamao's Position and Services - Huamao is recognized as the only international barter exchange approved by the State Administration for Industry and Commerce in China, aiming to create a global unified market and the World Barter Trade Organization (WBTO) [1] - The platform offers nine core services, including trading, incubation, and branding, and collaborates with authoritative organizations for digital upgrades and international expansion [1] Group 3: Strategic Implications - The board believes that signing the framework agreement may bring more business opportunities and allow both the company and Beijing Duhuang to leverage their respective advantages and resources for mutual development in China's international barter trade [1] - This agreement is expected to promote the company's development and align with the best interests of the company and its shareholders [1]

数字化升级消费体验 在离境退税服务升级的进程中，数字化技术的深度应用成为打破传统流程壁垒、提升服务效率的核心驱 动力。各地纷纷联合支付平台与技术企业，推出多元化数字退税工具，让"指尖退税""实时到账"成为现 实。 在北京国贸商城的集中退付点，一名香港旅客在购买价值3万多元的服装后，使用支付宝"碰一下"功能 调出收款二维码，工作人员扫描核实信息后，将退税款2700余元人民币实时转入旅客支付宝电子钱包， 令收到退税款的旅客赞叹不已。 这一快捷场景，是北京离境退税数字化升级的缩影。北京市税务局联合中国银行北京市分行与支付宝平 台，在市内5个集中退付点全面上线"碰一下"退税功能，同时支持扫码、搜索"入境人士退税"等多种调 码方式，满足不同旅客的操作习惯。 据北京市税务局数据，自今年6月推出系列创新举措以来，截至9月底，全市办理离境退税的境外旅客数 量同比增长340%，退税商品销售额同比增长93%，数字化服务的吸引力已初步显现。 近年来，随着我国对外开放水平不断提升和国际消费中心城市建设深入推进，各地税务部门积极响应政 策号召，以数字化赋能、模式创新、区域协同为抓手，持续优化境外旅客购物离境退税服务。一系列举 措不仅大 ...

Core Insights - The 2025 Beijing Retail Goods Expo opened on November 21, with the theme "Quality Retail · Integration and Coexistence" [1] - The expo covers over 6,000 square meters and features over 100 quality exhibitors and 200 innovative products across key consumer sectors [1] - The event highlights the retail industry's essential role in the national economy, including guiding production, expanding consumption, and ensuring employment [1] Industry Challenges - Retail enterprises face challenges such as insufficient digital transformation, severe product homogenization, and low supply chain efficiency [1] - Experts emphasize the need for precise alignment with consumer demands and deeper integration of products and services into daily life for sustainable development [1] Supporting Activities - The expo is co-hosted by the China General Chamber of Commerce and the Beijing Chamber of Commerce, featuring several supporting events like the New Consumption Summit Forum and retail procurement meetings [1]

Core Viewpoint - Tianyi Ma plans to acquire 98.5632% of Guangdong Xingyun Kaiwu Technology Co., Ltd. for a total transaction price of 1.189 billion yuan, which will involve issuing shares and cash payments [1][2] Group 1: Transaction Details - The acquisition will be financed through 582 million yuan in shares and 606 million yuan in cash [1] - The company aims to raise up to 155 million yuan from its actual controller, Ma Xuepei, for supporting funds [1] Group 2: Company Overview - Xingyun Kaiwu is a provider of digital services for smart self-service devices, focusing on integrated solutions of IoT smart hardware and SaaS cloud platforms [1] - The acquisition is expected to create complementary and synergistic effects in areas such as industry chain layout, technology research and development, market expansion, and product iteration [1][2] Group 3: Financial Performance - Xingyun Kaiwu's projected revenues for 2023 to the first half of 2025 are 385 million yuan, 447 million yuan, and 248 million yuan, with net profits of 38.69 million yuan, 86.66 million yuan, and 54.57 million yuan respectively [2] - The performance commitment includes net profits of no less than 90 million yuan, 95 million yuan, and 105 million yuan for the years 2025, 2026, and 2027 [2] Group 4: Strategic Implications - The transaction will enable Tianyi Ma to deepen its presence in the digital services sector for smart self-service devices, enhancing its growth potential [2] - The company aims to strengthen its research and development capabilities in this area, optimize its industry chain layout, and expand its sales scale to better meet diverse customer needs [2]

Core Viewpoint - Tianyima plans to acquire 98.5632% of Xingyun Kaiwu Technology Co., Ltd. for a total consideration of 1.189 billion yuan, which includes 582 million yuan in shares and 606 million yuan in cash, aiming to enhance its capabilities in the smart self-service equipment digital service sector [1][2][3] Group 1: Transaction Details - The acquisition involves purchasing shares from multiple stakeholders, with the total transaction value set at 1.189 billion yuan [1] - Tianyima intends to raise up to 155 million yuan from its actual controller, Ma Xuepei, to support the transaction [1] - The deal is expected to constitute a major asset restructuring and related party transaction [1] Group 2: Company Performance and Projections - Xingyun Kaiwu reported revenues of 385 million yuan, 447 million yuan, and 248 million yuan for 2023, 2024, and the first half of 2025, respectively, with net profits of 38.69 million yuan, 86.66 million yuan, and 54.57 million yuan [2] - The performance commitment includes a minimum net profit of 90 million yuan for 2025, 95 million yuan for 2026, and 105 million yuan for 2027 [2] Group 3: Strategic Implications - The acquisition is expected to enhance Tianyima's business in the smart self-service equipment digital service field, creating a dual-driven development model to improve growth potential [3] - The company aims to strengthen its R&D capabilities in smart self-service equipment, optimize its industry chain layout, and expand its sales scale to better meet diverse customer needs [3] - In the first three quarters of the year, Tianyima achieved revenues of 228 million yuan, a year-on-year increase of 46.6%, and a net profit of 4.19 million yuan, up 119.8% year-on-year [3]

Core Viewpoint - Tianyi Ma plans to acquire 98.5632% equity of Guangdong Xingyun Kaiwu Technology Co., Ltd. through a combination of share issuance and cash payment, along with raising supporting funds, which is expected to constitute a significant asset restructuring and related party transaction [2][4]. Group 1: Transaction Details - The total consideration for the acquisition is approximately 1.2 billion yuan, with 582 million yuan paid in shares and 606 million yuan in cash [4]. - The transaction involves 21 shareholders of Xingyun Kaiwu, including Chen Genghao, as the counterparties for the share issuance and cash payment [4]. Group 2: Company Overview - Xingyun Kaiwu is a leading provider of digital services for smart self-service devices, focusing on integrated solutions of "IoT smart hardware + SaaS cloud platform" aimed at digital upgrading of the self-service device industry [4]. - Tianyi Ma has been integrating new-generation information technologies such as IoT, big data, cloud computing, and artificial intelligence, successfully implementing various application products and solutions across different sectors [5]. Group 3: Strategic Implications - The acquisition is expected to create complementary and synergistic effects in areas such as industry chain layout, technology research and development, market expansion, and product iteration [5]. - This move will enhance Tianyi Ma's capabilities in the digital service sector for smart self-service devices, allowing for deeper integration of information technology services and expanding the company's overall sales scale [5]. Group 4: Financial Performance - In the first three quarters of this year, Tianyi Ma reported revenue of 228 million yuan, a year-on-year increase of 46.6%, and a net profit attributable to shareholders of 4.19 million yuan, up 119.8% year-on-year [5]. - As of November 18, Tianyi Ma's stock closed at 62.3 yuan per share, with a total market capitalization of 4.2 billion yuan [5].

Core Viewpoint - The National Development and Reform Commission (NDRC) has introduced 13 targeted policy measures to stimulate private investment and enhance overall investment efficiency [2][3]. Group 1: Expanding Access - The measures aim to address market access challenges for private investment by encouraging participation in key sectors such as railways and nuclear power, with specified shareholding ratios [3][5]. - Local governments are encouraged to involve private capital in new urban infrastructure projects that have profit potential [3]. - Private capital is guided to participate in emerging sectors like low-altitude economy and commercial aerospace, with a dynamic update of the list of major scientific research infrastructures open to private enterprises [3]. Group 2: Removing Barriers - The measures focus on safeguarding the rights of private enterprises and enhancing innovation support by improving regulatory oversight of network infrastructure [3]. - There is encouragement for private enterprises to establish significant pilot platforms and for state-owned enterprises and research institutions to provide market-oriented pilot services [3]. Group 3: Strengthening Support - The NDRC plans to increase central budget investments for qualifying private investment projects and utilize new policy financial tools to support key sectors [4][7]. - The measures emphasize the need for coordinated investment, fiscal, and financial policies to enhance the effectiveness of private investment initiatives [7]. Group 4: Encouraging Participation in Key Projects - Private capital is allowed to hold more than 10% in key projects, with a focus on those requiring state approval and having potential returns [5][6]. - The policy encourages thorough feasibility studies for private capital involvement in these projects, ensuring that the specific shareholding ratios are determined based on project characteristics and private enterprise capabilities [5][6]. Group 5: Financing Policies - The NDRC is enhancing financing support for private investment through various channels, including government procurement policies that reserve a significant portion for small and medium enterprises [7][8]. - Financial institutions are encouraged to streamline processes for small and micro enterprises, ensuring better access to credit and promoting innovative financing solutions [8].

Core Viewpoint - The banking industry is undergoing a "decluttering" process, with many banks shutting down redundant apps to enhance user experience and streamline digital services [1][2][5] Group 1: Banking App Landscape - There are currently 2,664 mobile financial apps registered in China, with 836 institutions involved, indicating a significant oversupply of banking applications [1] - Users express frustration over the necessity of multiple banking apps for different functions, leading to calls for consolidation [1] Group 2: Digital Service Improvement - The trend of app consolidation is not limited to banking but extends to government apps, with millions being cleaned up to improve efficiency and reduce redundancy [2] - The focus is shifting from quantity to quality in digital services, emphasizing user experience and operational efficiency [2][5] Group 3: Risks and Compliance - The closure of apps is partly driven by concerns over data privacy and security, with over 25 banks reported for privacy issues in 2024 [2] - There is a need for the main banking apps to also address similar risks to ensure that the consolidation process does not merely change the form without addressing underlying issues [2] Group 4: User Experience and Design - Post-consolidation, the clarity and usability of the integrated apps will be critical; poor design could negate the benefits of reducing the number of apps [3] - The ultimate goal is to enhance user experience through streamlined and efficient digital services, moving away from merely increasing the number of features [5]

Core Insights - The event showcased the sustainable development achievements of Jiangsu and Wuxi, emphasizing collaboration among financial institutions, industry leaders, investors, and experts in the field of sustainability [1] - The conference served as a platform to deepen cooperation between Wuxi and domestic and international investors, with the launch of the Guolian Group Ecological Alliance and multiple project signings [1] Investment and Economic Development - Wuxi has attracted 394 investment projects with a total investment scale of 62 billion yuan, focusing on sectors such as biomedicine, integrated circuits, advanced manufacturing, carbon neutrality, and artificial intelligence [2] - The city has established 89 new funds with a total scale of 34.2 billion yuan, successfully attracting 28 projects with an investment scale of 17.8 billion yuan [2] - Wuxi's industrial foundation includes seven industrial clusters with revenues exceeding 200 billion yuan, five of which are national-level advanced manufacturing clusters [2] Capital Market and Investment Environment - Wuxi has over 120 listed companies on the A-share market and a total scale of private equity funds reaching 85 billion USD, ranking among the top ten in China for equity investment activity [2] - The city is enhancing its multi-layered capital market service system and fostering a diversified venture capital development environment [2] Global Trade and Investment Climate - Wuxi's trade partners span 220 countries and regions, with over 7,200 foreign-funded enterprises and 118 Fortune 500 companies investing in the city [3] - The city has implemented ten measures to facilitate the entry of foreign nationals, including a 240-hour visa-free transit policy at the airport [3] Collaborative Ecosystem - The Guolian Group Ecological Alliance, which includes top global companies and institutions, aims to create a collaborative ecosystem driven by capital, industry synergy, and service empowerment [4] - The alliance is expected to inject strong momentum into Wuxi's future innovation and development [4] Focus on Sustainable Development - The conference emphasized the importance of building a cooperative ecosystem focused on new investments, green initiatives, and digital upgrades to foster sustainable high-quality development [5] - The Guolian Group plays a crucial role in linking various parties in Wuxi's industrial transformation and upgrading process [6] Guolian Group's Achievements - Guolian Group has developed into a local state-owned enterprise with total assets exceeding 330 billion yuan, managing financial assets totaling 2.2 trillion yuan and a fund scale surpassing 280 billion yuan [7] - The group aims to enhance its financial services, strengthen its industrial operations, and deepen its investment strategies to become a leading comprehensive local state-owned enterprise in China [7]