证券日报网讯 12月31日，首都在线在互动平台回答投资者提问时表示，公司在商业航天领域的核心价 值，主要依托控股子公司文昌首都在线航天超算科技有限公司运营的文昌航天超算中心（位于文昌国际 航天城重点园区）落地。一方面，商业航天产业链涵盖卫星设计、发射测控、在轨运营、数据处理等环 节，均对高密度、低时延的超算能力有刚性需求。文昌航天超算中心凭借区位优势及规模化算力基础设 施，可满足商业航天企业在卫星遥感数据处理、航天仿真模拟、轨道计算与测控等场景的算力需求，助 力提升航天任务效率与精准度。另一方面，海南自贸港"境内关外"监管模式及数据跨境流动"负面清 单"制度，为文昌航天超算中心开展跨境航天数据处理业务创造了政策条件。结合海南未来二十余条国 际海缆的互联互通能力，中心可支撑商业航天企业的跨境数据传输、存储与分析需求。此外，文昌作为 我国重要的航天发射基地，集聚了商业航天产业链上下游资源。文昌航天超算中心深度融入当地产业生 态，为入驻文昌的商业航天企业提供"算力+网络+存储"一体化基础设施服务，推动航天产业与数字经 济融合，助力构建区域性商业航天算力服务枢纽。当前，公司正依托政策、区位及算力设施优势，重点 对接商 ...

12月30日，记者从深圳机场获悉，2025年，深圳机场全年货邮吞吐量突破200万吨，这意味着其成为了 中国内地第三个总货量突破200万吨大关的机场。 值得一提的是，此前，深圳机场宣布2025年国际及地区货邮吞吐量突破100万吨，成为继上海浦东、广 州白云之后，中国内地第三个年进出口货运量迈入"百万吨级"的机场。 深圳机场方面表示，未来，深圳机场将牢牢把握空港型国家物流枢纽建设目标，持续构建联通全球的货 运航线网络，携手联检单位构建一流的通关环境，提升物流基础设施保障能级，助力深圳打造具有全球 重要影响力的物流中心。 （文章来源：21世纪经济报道） 深圳机场为何迎来货运流量突破？据了解，深圳机场跨境电商业务量累计超30万吨，同比增长近10%， 成为带动总货量快速增长的关键因素。 除了提升物流效率，为匹配快速增长的货运需求，深圳机场加快推进货运基础设施扩容。 深圳机场北货运区于今年8月正式开工，根据规划，项目建成投用后将与T2航站区形成配套，新增航空 货邮保障能力有望超过180万吨/年；深圳机场顺丰华南转运中心二期已完成交付，东区国际转运一号货 站和东区国际快件一号货站项目正加紧实施，物流设施面积超100万平方米 ...

值得一提的是，此前，深圳机场宣布2025年国际及地区货邮吞吐量突破100万吨，成为继上海浦东、广州白云之后，中国内地第三个年进出口货运量迈入"百 万吨级"的机场。 21世纪经济报道记者李金萍深圳报道 12月30日，记者从深圳机场（000089）获悉，2025年，深圳机场全年货邮吞吐量突破200万吨，这意味着其成为了中国内地第三个总货量突破200万吨大关的 机场。 深圳机场北货运区于今年8月正式开工，根据规划，项目建成投用后将与T2航站区形成配套，新增航空货邮保障能力有望超过180万吨/年；深圳机场顺丰华 南转运中心二期已完成交付，东区国际转运一号货站和东区国际快件一号货站项目正加紧实施，物流设施面积超100万平方米，在建项目投用后整体保障能 力预计将提升至300万吨以上。 深圳机场为何迎来货运流量突破？据了解，深圳机场跨境电商业务量累计超30万吨，同比增长近10%，成为带动总货量快速增长的关键因素。 配套设施方面，深圳机场在东货运区建设临时停车场，缓解车位资源紧张状况；针对货运车辆缺少蓄车场问题，完成南区物流司机驿站建设，为货车司机提 供了舒适的休息、用餐和停车区域，丰富了航空物流服务。 深圳机场方面表示，未 ...

Core Viewpoint - Jiuqi Co., Ltd. is experiencing a decline in stock price while maintaining a significant market presence in the bicycle and related products industry, with a focus on cross-border e-commerce and benefiting from the depreciation of the RMB [1][2]. Company Overview - Jiuqi Co., Ltd. was established on October 6, 2000, and went public on August 12, 2021. The company is based in Hangzhou, Zhejiang Province, and specializes in the design, research and development, production, and sales of bicycles and related components [6]. - The company's revenue composition includes: 32.36% from parts, 22.04% from other products, 17.86% from adult bicycles, 16.86% from children's bicycles, 10.42% from electric bicycles, and 0.32% from motorcycles [6]. Financial Performance - For the period from January to September 2025, Jiuqi Co., Ltd. achieved a revenue of 2.369 billion yuan, representing a year-on-year growth of 32.45%. The net profit attributable to the parent company was 129 million yuan, reflecting a year-on-year increase of 56.55% [6]. - The company has distributed a total of 493 million yuan in dividends since its A-share listing, with 291 million yuan distributed over the past three years [7]. Market Position and Product Offering - Jiuqi Co., Ltd. is one of the major exporters of bicycle products in China, offering a wide range of bicycles and related products across various sizes and series, catering to different age groups [2]. - The company has a strong presence in international markets, with 96.44% of its revenue coming from overseas, benefiting from the depreciation of the RMB [2]. Stock and Trading Analysis - As of December 31, the stock price of Jiuqi Co., Ltd. decreased by 0.13%, with a trading volume of 26.97 million yuan and a market capitalization of 3.68 billion yuan [1]. - The average trading cost of the stock is 17.56 yuan, and it is approaching a resistance level of 15.80 yuan, indicating potential for upward movement if this level is surpassed [5].

Core Viewpoint - Weifang Comprehensive Bonded Zone aims to become a trillion-level city and a significant economic growth pole in northern Shandong, focusing on high-level openness and high-quality development [1]. Group 1: Industrial Support - The Weifang Comprehensive Bonded Zone is positioned as an "open-type industrial agglomeration area," focusing on core industries such as virtual reality, intelligent manufacturing of automotive equipment, new materials, and bonded processing of imported grain and oil [2]. - The high-tech industry accounts for over 90% of the output value in the bonded zone, with a notable transformation from "single champions" to "industrial clusters" [3]. Group 2: Cross-Border Trade - The bonded zone employs a "cross-border e-commerce + industrial belt" model, creating a full-chain platform for incubation, rapid customs clearance, and exhibition sales, enhancing the "cross-border e-commerce looks at bonded" brand [4]. - The TIR "China-Russia" international road transport customs clearance business was successfully implemented, with TIR business import and export value accounting for over 70% of Weifang's total [4]. Group 3: Logistics and Consumption - The international logistics channels have fostered diverse cross-border consumption new formats, with over 10,000 imported products showcased in the "Weifang Imported Goods Purchase" exhibition center [6]. - The bonded zone has established a comprehensive service center for enterprises, streamlining 296 service items for foreign trade enterprises, significantly reducing processing times [7][10]. Group 4: Open Environment - The bonded zone is committed to building a multi-dimensional open channel system, enhancing the efficiency of customs clearance through innovative mechanisms and integrated service models [11]. - The implementation of smart supervision and pre-inspection has improved the efficiency of customs clearance, allowing goods to be dispatched on the same day, saving 1-3 days for overseas consumers [11].

Core Insights - The article emphasizes the importance of logistics efficiency and service quality in the competitive landscape of cross-border e-commerce, highlighting the role of U.S. overseas warehouses as a key node in Sino-U.S. trade [1] Group 1: Full-Process Logistics Services - U.S. overseas warehouses provide a complete logistics chain, exemplified by the 12 self-operated warehouses of Export Easy, which cover 84,000 square meters across the U.S. and enable dynamic inventory adjustments through an intelligent system [2] - The automation in order processing allows for a seamless integration of sorting equipment and ERP systems, achieving full-process automation from order generation to delivery, significantly improving delivery times by over 70% compared to traditional methods [2] Group 2: Value-Added Services - Overseas warehouses offer various value-added services to address the unique needs of cross-border e-commerce, such as FBA transfer services that help sellers manage inventory during peak seasons, resulting in a 40% increase in inventory turnover for a home goods brand [4] - Return handling services provide a comprehensive solution for cross-border after-sales issues, reducing the return reshipment cycle from 15 days to 3 days and increasing customer repurchase rates by 25% [4] Group 3: Data-Driven Decision Making - The CK1 supply chain management system developed by Export Easy allows real-time tracking of key metrics, enabling sellers to optimize inventory distribution and reduce overall inventory costs by 18% [5] Group 4: Export Easy as a Benchmark - Export Easy, a leader in cross-border logistics for 16 years, has established a closed-loop ecosystem in the U.S. with self-operated warehouses and an intelligent system, promising rapid air and sea transport and flexible delivery within 1-7 days [6] - The company has gained certification from over 20 major e-commerce platforms, helping sellers reduce operational costs by 30% through its M2C supply platform [6] Group 5: New Paradigm in Cross-Border Trade - Utilizing overseas warehouses can reduce shipping costs by over 40% per item, particularly beneficial for heavy and large goods, while enabling quick market responses and product iterations [7] - The localized service system of overseas warehouses helps Chinese brands transition from low-cost competition to a focus on quality and service, positioning them strategically in the global market [7]

Group 1 - The core viewpoint of the news is that Jiemite's stock has shown positive performance recently, with a notable increase in share price and trading volume, despite a decline in revenue and net profit for the year [1][2]. - As of December 31, Jiemite's stock price rose by 2.00% to 31.62 CNY per share, with a total market capitalization of 4.046 billion CNY [1]. - The company has experienced a year-to-date stock price increase of 16.96%, with a 6.11% rise over the last five trading days and a 13.90% increase over the last 20 days [1]. Group 2 - Jiemite's main business involves the research, design, production, and sales of mobile smart terminal accessories, with 76.16% of revenue coming from smartphone protective products [1]. - As of September 30, the number of shareholders decreased by 13.39% to 11,800, while the average circulating shares per person increased by 15.45% to 6,797 shares [2]. - For the period from January to September 2025, Jiemite reported a revenue of 440 million CNY, a year-on-year decrease of 21.08%, and a net profit loss of 25.12 million CNY, a decline of 349.10% [2]. Group 3 - Jiemite has distributed a total of 54.34 million CNY in dividends since its A-share listing, with 5.70 million CNY distributed over the past three years [3].

Group 1: Economic Overview - The U.S. GDP growth for Q3 2025 reached 4.3%, surpassing the previous quarter's 3.8% and exceeding market expectations of 3.9%-4.0%, marking the fastest growth in two years [3][4] - The growth was driven by a 3.5% increase in consumer spending, expanded business investments, and stable trade policies, while the core PCE inflation rate rose to 2.9%, indicating some inflationary pressure [3][5] - The Federal Reserve plans to implement only one more interest rate cut in 2026, maintaining a cautious monetary policy stance to balance economic growth and inflation control [5] Group 2: Impact on Chinese Sellers - Strong consumer spending growth in the U.S. presents significant opportunities for Chinese cross-border sellers, particularly in categories like electronics, home decor, and leisure products [6][8] - Increased business investments in the U.S. indicate a rising demand for industrial equipment and digital solutions, creating a favorable environment for Chinese B2B sellers [6] - The stability in U.S. trade policies reduces risks associated with tariffs on Chinese goods, allowing for better long-term inventory planning and pricing strategies [6][8] Group 3: Strategies for Chinese Sellers - Chinese sellers should optimize product positioning and market strategies to align with U.S. consumer trends, focusing on high-demand categories [7][8] - Enhancing supply chain resilience and logistics capabilities is crucial, especially in light of ongoing global supply chain challenges [7][8] - Establishing a local entity in the U.S. can improve brand credibility and operational efficiency, with services like those offered by lngStart facilitating this process [9][10]

Core Insights - The article highlights the growing interest of Chinese businesses in the Russian market, which is perceived as a nearby incremental market amidst increasing competition in the European and American markets [2][4]. Market Space - The Russian market has been described as a "market vacuum" between 2022 and 2023, where products could sell easily [4]. - Ozon, a major e-commerce platform in Russia, reported that by 2025, the daily order volume from Chinese sellers exceeded 2 million, with a year-on-year growth of 2.5 times [5]. - During the recent "Black Friday" sales, Chinese sellers generated over 20 million orders, with a total GMV growth of 4 times compared to the previous year [5]. Consumer Behavior - Russian consumers are beginning to show more discerning preferences, moving from a "just have products" mentality to a more selective approach [7]. - There is a notable shift in product categories, with increased interest in home goods and apparel, as younger Russians are reducing their use of carpets, leading to a rise in demand for advanced cleaning products [7]. Logistics and Efficiency - The logistics efficiency in Russia is highlighted as a key advantage, with a typical supply chain cycle from China to Russia taking 30 to 45 days [12]. - Ozon has established numerous logistics centers across China to support this efficiency, covering all major transport routes to Russia [14]. Currency and Pricing - Currency fluctuations pose significant risks for sellers, but Ozon has implemented a pricing mechanism that allows sellers to price in RMB, mitigating exchange rate risks [17]. - This pricing strategy provides a stable revenue environment for Chinese sellers [17]. Returns Management - A new policy set to launch in 2026 will allow Chinese sellers to resell returned goods directly from Ozon's warehouses in Russia, transforming returns from a loss into potential sales [19]. Regulatory Changes - The Russian government is cracking down on "gray customs" practices, which could increase compliance costs for sellers [22]. - Starting in 2026, the tax exemption for cross-border small packages will gradually decrease, impacting the competitive landscape [22]. Brand Development - There is a growing trend among Russian consumers towards brand recognition, with a willingness to pay a premium for better service and quality [22]. - Chinese brands are increasingly adopting advanced marketing techniques, including AI-generated models for product promotion, to adapt to local market preferences [25]. Regional Influence - The Russian market serves as a gateway to the broader Russian-speaking region, with significant trade growth expected with Central Asian countries [28]. - Ozon aims to double its GMV and order volume by 2026, supported by enhanced logistics and marketing strategies [28].

Core Viewpoint - The meeting emphasized the importance of planning for the "14th Five-Year" period in social undertakings, focusing on improving people's livelihoods and aligning with national development strategies [1][2][3] Group 1: Employment and Economic Development - The meeting highlighted the need to implement an employment-first strategy, addressing the opportunities and challenges posed by artificial intelligence, and creating high-quality job opportunities through a modern industrial system and county-level economic development [2] - It was noted that there should be a focus on new employment forms and ensuring employment security for key groups, alongside strengthening labor rights protection [2] Group 2: Health and Social Welfare - The meeting stressed the importance of prioritizing health development, leveraging artificial intelligence, and integrating medical data to enhance healthcare resources and public health systems [2] - It also called for adapting to an aging society by implementing a hybrid management model for elderly care and social welfare, emphasizing digital empowerment and reform [2] Group 3: Trade and Economic Cooperation - The meeting discussed the need to utilize both domestic and international markets, creating new consumption scenarios and models, and developing cross-border e-commerce and new foreign trade formats [2] - It was mentioned that enhancing trade logistics capabilities and strengthening cooperation with ASEAN countries are crucial for economic development [2] Group 4: Strategic Planning and Implementation - The meeting underscored the importance of aligning with national needs and integrating with national development strategies, ensuring that all plans are actionable and feasible [3] - It was emphasized that a coordinated approach across the region is necessary to support the implementation of the "14th Five-Year" plans [3]