Market Overview - The A-share market saw all three major indices rise in the morning but experienced a significant drop in the afternoon, with a total trading volume of 1.53 trillion yuan, an increase of 528 billion yuan compared to the previous trading day [1] - Over 3,300 stocks in the market declined, with market focus on sectors such as diversified finance, Kimi concept, banking, medical services, and cultural media [1] Stock Performance - A total of 53 stocks hit the daily limit up, with 18 stocks on consecutive limit up days, and 30 stocks failed to close at the limit, resulting in a limit up rate of 64% (excluding ST and delisted stocks) [3] - Notable stocks included: - Huayin Power: 7 consecutive limit ups - Huaguang Huaneng: 5 consecutive limit ups - New Zhonggang: 4 consecutive limit ups - Jin'an Guoji: 5 consecutive limit ups in the PCB sector [3][4] Key Stocks and Their Metrics - **Huayin Power (600744)**: Price at 8.11 yuan, up 10.04%, with a trading volume of 17.747 million and a turnover rate of 10.98% [4] - **Jin'an Guoji (002636)**: Price at 15.09 yuan, up 9.99%, with a trading volume of 1.08 million and a turnover rate of 0.99% [4] - **Forest Packaging (605500)**: Price at 12.07 yuan, up 10.03%, with a trading volume of 4.35 million and a turnover rate of 8.90% [4] - **Huaguang Huaneng (600475)**: Price at 16.73 yuan, up 9.99%, with a trading volume of 9.03 million and a turnover rate of 5.96% [4] Institutional Trading - The top three net buying stocks on the daily leaderboard were: - Kuaijingtong: 318 million yuan net buy - Tongguan Copper Foil: 200 million yuan net buy - Dazhihui: 197 million yuan net buy [6] - The top three net selling stocks were: - Yihua New Materials: 119 million yuan net sell - Rifa Precision: 114 million yuan net sell - Zhongyi Technology: 89.41 million yuan net sell [7] Sector Highlights - **Kuaijingtong**: Recently entered the Japanese market, enhancing its position in the cross-border e-commerce sector [9][10] - **Tongguan Copper Foil**: Notable for its production capabilities in the PCB copper foil sector, with a new project recently launched [18] - **Dazhihui**: Engaged in significant asset restructuring, with a focus on financial information services [17] Trading Dynamics - The trading dynamics showed a significant interest from institutional investors, with notable net purchases in stocks like Dazhihui and Kuaijingtong, while some stocks like Wangzi New Materials faced net selling [25][27]

在后营销时代，信息流通的方式和内容相较于传统营销阶段发生了显著变化。从信息失真到渠道的多样化，这些变化都深刻影 响着企业的营销策略，也让消费者的行为模式发生了一些变化。下面就让我们来具体剖析下这其中的一些细节。 三、企业信任度下降 由于虚假信息和夸大概念的增多，目前企业的信任度下降在市场上已经是个大风向。消费者对于品牌的信任度下降，导致营销 信息的传播门槛明显提升，用户不再轻易相信一些推广内容。如何重塑品牌与用户之间的信任感，已经成为又一重要议题。 一、虚假信息多 相较于传统媒体时代，虚假信息的传播速度和范围远超以往。社交媒体、短视频平台等新兴渠道的兴起，使得不实信息能够被 迅速扩散，甚至引发公众恐慌或误导消费决策。对于传播出去的内容，企业还是需要保证其真实度，以免影响到品牌信誉。 二、夸大概念多 为了博取流量，很多品牌在做宣传时都会刻意夸大一些概念，从而为品牌打造独特的卖点。但这种夸大概念本身也是种虚假宣 传，再加上用户与品牌之间的认知差距，也就导致很多用户会感觉购买的商品货不对板。这种营销方式不仅误导消费者，还可 能触犯相关法律法规，导致企业面临法律风险。 四、用户更强调自身认知 在后营销时代，面对繁杂的 ...

但"大股东协议转让+私募基金接手"的资本运作模式并非需要被完全否定，它也具有一定的合理性。这 种模式能够避免在二级市场集中抛售或买入对股价造成冲击，同时还能引入专业机构，优化上市公司股 权结构。 而锁定期的延长，则找到了保护中小投资者与维护市场流动性之间的平衡点。当私募受让方将锁定期延 长至12个月后，短期投机套利空间被大幅压缩。因为私募受让方至少要经历上市公司年报、一季报、半 年报、三季报这4个财报窗口期，大股东很难预知一年后的具体情况。以航天宏图为例，其私募受让方 更是主动将锁定期从12个月延长至18个月，进一步弱化了信息不对称的问题。 将锁定期与上市公司信息披露周期绑定，不仅遏制了短期套利行为，还为培育耐心资本进入市场创造了 空间。私募机构并非都是进行短周期"高抛低吸"的套利资本，也可以是战略投资者或者有耐心的产业资 本。私募作为重要的产业资本承接方，其作出的12个月以上锁定期的承诺，客观上推动了战略投资与价 值发现的深度融合。实践中会诞生高净值的耐心资本，它们能为市场起到示范效应，进而帮助资本市场 培育长期投资文化，为资本市场注入可持续发展动能。 "大股东协议转让+私募基金接手"这一资本运作模式近来出 ...

Group 1 - An unidentified individual used AI software to simulate the voice and writing style of U.S. Secretary of State Rubio, sending messages to several senior officials, raising concerns about information security within the U.S. government [1] - The U.S. State Department is aware of the incident and is currently investigating, highlighting ongoing vulnerabilities in information security following previous incidents involving high-ranking officials [1] - A diplomatic cable dated July 3 indicates that the impersonator created an account on the encrypted messaging app "Signal" and contacted at least three foreign ministers, a state governor, and a congressman, potentially aiming to manipulate powerful officials for information or account access [1] Group 2 - In a separate incident reported by The Wall Street Journal, the private phone of White House Chief of Staff Wiles was hacked, with some senators, governors, and corporate executives receiving messages and calls from someone impersonating Wiles, possibly using AI-generated voice [2] - The hacking incident has prompted investigations by the White House and the FBI, reflecting ongoing concerns about the security of communications among U.S. officials [2] - Criticism has been directed at senior officials in the Trump administration for using "Signal" and other unofficial channels for work-related communications, which has led to significant security breaches [2]

鹭羽 发自 凹非寺 量子位 | 公众号 QbitAI 如果你想知道当自己不再是顶级智慧生物时，生活是什么样子，就去问问一只鸡吧。 被誉为"AI教父"的 Geoffrey Hinton 在最新访谈中，谈及自己穷极一生追求的AI工作，却给出了出乎意料的答案—— 后悔 。 这位曾因儿子患病而选择加入谷歌的科学家，一干就是十年，早已荣誉等身—— 诺贝尔物理学奖 与 图灵奖 ，皆被他收入囊中。 而如今，Hinton站在AI顶峰，话里话外却都是遗憾： 从网络犯罪到超级智能的威胁，Hinton最新列举了多个AI风险，呼吁人类重新审视AI的发展方向。 他警告AI可能带给人类的灾难性后果，甚至建议下一代 "学做水管工" 以避开未来的职业危机。 他的反思不仅是对技术的警醒，更是一场关于人类未来的深刻拷问： 我们是否正在亲手打开潘多拉的魔盒？ 也许是时候，我们也应该像Hinton一样停下来思考了。 为了儿子入职谷歌，现在追悔莫及 在长达一个半小时的访谈中，Hinton首先回顾了自己在AI领域从业几十年以来的心路历程。 从最早20世纪50年代，当时主流倾向于基于逻辑推理和符号表达式的AI方法，而他选择了不被人看好的基于 神经网络 的 ...

Group 1 - The core issue revolves around *ST Guandian's serious violations in information disclosure and corporate governance, leading to administrative penalties from the Beijing Securities Regulatory Bureau [1][3] - The company failed to disclose related party transactions involving non-operating fund occupation by its controlling shareholders and related parties, amounting to 139 million yuan (approximately 13.9 million) from August to December 2022, which accounted for 15.05% of the latest audited net assets, and 144.84 million yuan (approximately 14.48 million) in 2023, representing 14.50% of the latest audited net assets [2] - Additionally, *ST Guandian provided external guarantees without proper disclosure, totaling 173 million yuan (approximately 17.3 million) from June 2022 to December 2023, with significant amounts not disclosed in their financial reports [2] Group 2 - The penalties highlight the need for listed companies to adhere strictly to legal regulations and ensure that information disclosure is truthful, accurate, complete, and timely [3] - Investors who suffered losses between May 25, 2022, and April 29, 2024, may be eligible for compensation, with specific conditions to be determined by the court [3]

金融界7月9日消息，A股三大指数收盘涨跌不一，中证中国内地企业全球信息技术综合指数(CN信息综 合，H30382)报6497.48点。 从中证中国内地企业全球信息技术综合指数持仓的市场板块来看，深圳证券交易所占比45.12%、上海 证券交易所占比36.04%、香港证券交易所占比17.90%、北京证券交易所占比0.37%、纳斯达克全球精选 市场证券交易所(Consolidated Issue)占比0.21%、纳斯达克股票市场证券交易所(Consolidated Large Cap) 占比0.17%、纽约证券交易所占比0.12%、纳斯达克证券交易所(Consolidated Capital Market)占比0.06%。 从中证中国内地企业全球信息技术综合指数持仓样本的行业来看，电子终端及组件占比27.42%、集成 电路占比22.06%、软件开发占比14.79%、光学光电子占比9.67%、信息技术服务占比7.49%、电子元件 占比7.43%、半导体材料与设备占比6.50%、分立器件占比1.52%、其他电子占比1.46%、电子化学品占 比1.08%。 资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月 ...

各级网信和公安部门协同联动，多管齐下，全力整治谣言乱象。中央网信办整治AI技术滥用，第一阶 段累计处置违规小程序、应用程序、智能体等AI产品3500余款，清理违法违规信息96万余条，处置账 号3700余个。北京6月以来累计清理假冒仿冒"韦东奕"个人账号超5000个，网警针对仿冒"高考扁担女 孩"的虚假账号也依法依规予以处置。上海警方依托"砺剑""净网"系列专项行动，依法严厉打击涉企有 偿删帖、舆情敲诈等违法犯罪活动，有力保护企业合法权益。此外，造谣"幼儿园发生大火32名孩子被 困""浙江天台县遭遇特大暴雨致山体滑坡""爆炸致50人死亡"的3人也已分别被属地公安依法行政拘留及 处罚。 网信公安联合打击网络谣言 整治AI制假信息 清理"韦东奕"仿冒账号 拘留处罚恶意造谣者 智通财经7月9日电，据网信中国，2025年6月，网络谣言主要聚焦社会热点、灾情事故、伪科普等领 域，造谣者通过移花接木、AI生成、伪科学包装等手段虚构或夸大事实，扰乱正常社会秩序。相关部 门迅速响应，通过权威信息发布、跨部门联动执法等举措依法惩治造谣传谣行为，持续筑牢网络空间清 朗防线。 ...

2025年6月，网络谣言主要聚焦社会热点、灾情事故、伪科普等领域，造谣者通过移花接木、AI生成、 伪科学包装等手段虚构或夸大事实，扰乱正常社会秩序。相关部门迅速响应，通过权威信息发布、跨部 门联动执法等举措依法惩治造谣传谣行为，持续筑牢网络空间清朗防线。(网信中国) ...

Core Viewpoint - The article discusses the administrative penalties imposed on Guandian Defense Technology Co., Ltd. by the Beijing Securities Regulatory Bureau due to violations related to non-disclosure of significant financial transactions and false reporting in financial statements [1][10]. Summary by Sections Violations - Guandian Defense failed to disclose non-operating fund occupation related party transactions and external guarantee matters from 2022 to 2023, leading to significant omissions in their reports [2][4]. - The company transferred a total of 283.84 million yuan to eight companies, which were later used for the actual controller's personal loans and other purposes, constituting non-operating fund occupation [3][4]. Financial Impact - The undisclosed non-operating fund occupation amounted to 139 million yuan in 2022, representing 15.05% of the company's audited net assets, and 144.84 million yuan in 2023, accounting for 14.50% [4]. - The company also provided guarantees totaling 173 million yuan without following the required disclosure procedures, with 85 million yuan in 2022 and 88 million yuan in 2023, representing 9.20% and 8.81% of the company's net assets, respectively [5][6]. False Reporting - The 2022 annual report contained false records, inflating bank deposits by 139 million yuan due to unaccounted fund transfers [8][10]. - The company did not disclose 22 external guarantee transactions in its listing report, totaling 634.68 million yuan [5]. Penalties - The Beijing Securities Regulatory Bureau proposed a total fine of 28.9 million yuan against Guandian Defense and its responsible individuals, including fines of 9.5 million yuan for the company and 14 million yuan for the actual controller, Gao Ming [1][14]. - Other executives, including Li Zhenbing and Liu Ya'en, also faced fines for their roles in the violations [14][12]. Stock Warnings - Guandian Defense's stock has been subjected to three risk warnings due to these violations, including a delisting risk warning [17][18]. - The company reported a significant decline in financial performance post-listing, with a drop in revenue and net profit in 2023 and 2024 [22][23].