来源：中国网 近日，雅思考试迎来两项重要调整：一年三次的口语换题季即将来临，同时考试报名费用有所下调。这 对广大考生而言，既是挑战也是机遇。如何在变化中稳步提升成绩？新东方国际教育凭借深厚的行业积 淀、完善的课程体系和优质师资，成为了雅思备考的首选机构之一。 作为最早的雅思培训机构之一，新东方国际教育在雅思培训领域积累了丰富的教学经验，拥有大量题库 和教材资源。多年来，教学模式不断优化和创新，课程体系趋于成熟。新东方目前在全国47个城市设有 不同年龄阶段，如何匹配适合的课程？ 新东方国际教育针对不同年龄、不同基础的学生，提供个性化课程方案，帮助每位学员找到适合自己的 备考路径： 针对初中生，开设初中雅思能力课，该课程专为初学雅思的学员设计，能够全面提升英语听、说、读、 写的综合能力，为之后的雅思备考打下扎实基础。通过全面的能力训练，帮助学员在未来的学习中占得 先机。 针对高中生，推出高中雅思直通车PRO课程，该课程结合正课和指导课，重点提高听说读写四项技能， 帮助学员快速提高雅思成绩，为冲刺留学名校打下坚实基础。该课程能够高效提升成绩，帮助学员顺利 进入理想大学。 针对大学生和成人，提供大学雅思精品班以及寒暑 ...

Group 1 - The 2026 CES in Las Vegas will showcase Hisense's upgraded RGB-Mini LED TVs, reinforcing its position as a pioneer and leader in this technology [1] - Hisense's RGB-Mini LED technology has led to a significant shift in the global industry landscape, prompting major competitors to follow suit [3] - Hisense holds over 90% market share in the high-end RGB-Mini LED TV segment, which has become the preferred choice for high-end users [3] Group 2 - At CES 2026, Hisense will present the evolution of its RGB-Mini LED TVs, supported by self-developed image quality chips and core technologies [5] - The event marks a critical turning point for AI in consumer electronics, transitioning from concept to practical application [5] - As an official sponsor of the 2026 World Cup, Hisense will showcase customized appliances that integrate AI and smart hardware, enhancing the viewing experience for global consumers [5]

Core Viewpoint - The company has obtained a patent for a paper-based gene chip spotting method, which utilizes AI technology to dynamically adjust spotting parameters, enhancing quality and efficiency [1] Group 1: Patent Acquisition - The patent, numbered 202510709179.6, was granted to the company, Guangdong Kaipu Technology Intelligent Manufacturing Co., Ltd., and Han Mountain Normal University [1] - This patent acquisition aligns with the company's strategic planning and aims to improve its intellectual property system [1] Group 2: Impact on Business - While the patent will not have a significant immediate impact on the company's current operations, it is expected to enhance core competitiveness in the long term [1]

Core Viewpoint - The company has engaged in extensive research and development activities, showcasing strong performance in game releases and strategic planning for future growth, particularly in international markets and through the integration of AI technology in operations. Group 1: Game Performance and Releases - The company received 222 institutional research visits from October 29 to December 31, 2025, highlighting interest in its game portfolio [1] - "杖剑传说" (Staff Sword Legend) achieved an average ranking of 43 and a peak of 23 on the App Store in mainland China during Q4 2025, with successful overseas launches in regions like Macau and Japan [1][3] - "问道手游" (Wandao Mobile Game) maintained an average ranking of 66 and peaked at 43, while "一念逍遥" (One Thought of Freedom) and "问剑长生" (Sword of Life) introduced new features and events to enhance player engagement [4][5] Group 2: New Game Launches and Strategies - The new game "九牧之野" (Jiumu Zhiye) saw over one million pre-launch reservations, achieving the top position in the App Store free games category and 22nd in the revenue rankings [2][6] - The company plans to focus on community engagement and dynamic marketing strategies based on user lifetime value (LTV) and return on investment (ROI) for its game releases [7] Group 3: AI Integration in Game Development - AI technology is deeply integrated into both game development and operations, enhancing efficiency in art resource production and code writing through platforms like AIWebHub [9] - AI applications extend to user acquisition, personalized in-game offers, and monitoring of game environments to improve overall user experience and operational efficiency [9] Group 4: Shareholder Returns and Financial Planning - The company has established a shareholder return plan for 2025-2027, committing to three profit distributions annually, with cash dividends expected to be at least 50% of the net profit [10] - In the first nine months of 2025, the company distributed 904 million yuan in cash dividends, representing 74.47% of the net profit for that period [10]

Group 1 - The semiconductor sector experienced significant gains, with companies like Zhongwei rising over 14%, Yandong Micro over 12%, and Shanghai Xinyang over 11% [1] - The semiconductor industry is benefiting from multiple favorable catalysts, including increased government support for domestic chip development and a substantial rise in the shareholding of the National Integrated Circuit Industry Investment Fund in SMIC from 4.79% to 9.25% [3] - TrendForce has revised its price expectations for memory chips, forecasting a 55-60% increase in DRAM and a 33-38% increase in NAND contract prices for Q1, which is significantly higher than previous predictions [3] Group 2 - CITIC Construction Investment reports that the semiconductor equipment sector is entering a growth cycle, with equipment orders expected to maintain high growth rates [4] - The Taikang Semiconductor Quantitative Stock Fund has achieved over 100% returns since its inception in May 2024, with a 1.28% increase in net value on the previous day [5] - Zhejiang Securities anticipates that the semiconductor equipment index will significantly outperform the market in 2025, with current valuations at the 28th percentile, indicating strong growth in front-end equipment revenue and explosive growth in back-end equipment [5]

Core Viewpoint - Baidu Group's Q4 earnings are expected to show a decline in revenue and net profit, with a significant drop in adjusted net profit compared to the previous year [1][2]. Financial Performance Forecast - Q4 revenue is projected to be between 316.81 billion to 344.61 billion RMB, reflecting a year-on-year change of -7.2% to 1.0% [1][2]. - Q4 net profit is expected to range from 10.13 billion to 162.44 billion RMB, with a year-on-year change of -80.5% to 212.9% [1][2]. - Adjusted net profit for Q4 is forecasted to be between 28.00 billion to 45.61 billion RMB, indicating a year-on-year change of -58.3% to -32.0% [1][2]. Business Segment Insights - Kunlun Chip: The company has initiated the process for a Hong Kong IPO, with plans to launch Kunlun Chip M100 and M300, aiming for a leading position in AI chip shipments in 2024 [3][4]. - AI Marketing and Cloud Business: Revenue has significantly increased, with AI-native marketing expected to drive a second growth curve for the advertising business [4]. - Intelligent Driving: The business has achieved breakeven in key regions, with a 212% year-on-year increase in orders for the "萝卜快跑" service in Q3 2025, and is accelerating overseas market expansion [3][4]. Strategic Positioning - Baidu Group is positioned as a leader in AI technology, with new AI-driven business revenues growing by 50%, accounting for 39% of core business revenue [4]. - The integration of AI-related businesses and resources is accelerating the monetization of AI products, with the Apollo Go service achieving over 250,000 weekly orders and a cumulative total of over 17 million orders [4].

Investment Rating - The report maintains an investment rating of "Leading the Market-A" [6] Core Insights - The construction industry showed a month-on-month improvement in December, with a composite PMI output index of 50.7%, up 1.0 percentage points from the previous month, indicating overall expansion in production and business activities [1][16] - The construction business activity index for December was 52.8%, an increase of 3.2 percentage points, while the new orders index was 47.4%, up 1.3 percentage points [1][16] - The government is actively promoting infrastructure investment, with a total of approximately 295 billion yuan allocated for early-stage "two heavy" construction projects and central budget investments [2][17] - The construction industry is expected to see continued marginal improvement driven by favorable fiscal policies and the implementation of debt reduction and "anti-involution" measures [3][4][18] Summary by Sections Industry Dynamics - The construction industry experienced a month-on-month improvement in December, with significant increases in both the business activity index and new orders index [1][16] - The State Council emphasized the importance of the national water network construction, which is expected to drive substantial investment and collaboration across various sectors [1][16][33] Market Performance - The construction sector saw a decline of 0.44% this week, performing better than the Shanghai and Shenzhen 300 index, which fell by 0.59% [19][20] - Notable sub-sectors such as landscaping engineering and steel structures showed positive performance, with increases of 2.01% and 1.30%, respectively [19] Key Investment Opportunities - The report suggests focusing on undervalued state-owned enterprises in the construction sector, including China State Construction, China Communications Construction, and China Railway Construction, which are expected to benefit from improved operational metrics and dividend increases [4][11] - The Xinjiang region is highlighted for its robust infrastructure investment, particularly in coal chemical projects, which are anticipated to maintain high levels of activity [10][11] - Cleanroom engineering companies like Yaxiang Integration and Shenghui Integration are recommended due to the rising demand driven by advancements in AI technology and increased capital expenditure in the semiconductor industry [3][11][13]

在AI技术驱动下，实验室重点推进两大方向：一是以AI辅助精准免疫原设计，实现从免疫机制到功能 表位的闭环研究，为精准疫苗设计奠定分子基础；二是依托变异监测+AI结构疫苗学技术，破解病原变 异快、血清型多难题，实现"一苗防多病"(RSV-hMPV二联苗等)。 据康泰生物（300601）官微消息，近日"合成免疫学与疫苗智造北京市重点实验室"在北京正式揭牌。该 实验室以中国科学院微生物所为依托单位，康泰生物全资子公司民海生物、馨智生物、成大天和联合共 建，聚焦合成免疫学与疫苗智造关键问题开展深度合作。 在产业化层面，实验室致力于突破新型疫苗制备工艺关键技术瓶颈，推动关键设备及物料国产化，同步 实现产能显著提升，力争在研发与生产环节实现全球领跑。 作为国内疫苗行业龙头企业，康泰生物深度参与该实验室建设，将AI技术贯穿疫苗研发全链条作为核 心突破方向。根据规划，该实验室将致力于实现抗原设计、佐剂开发、递送系统与质控等基础理论突 破，攻克多联多价疫苗免疫干扰与抗原兼容性瓶颈，建立国际领先的疫苗快速响应与智能制造体系。 当前，生物医药产业的全球竞争已超越了单一企业或科研机构的范畴，升级为全链条创新生态系统的较 量。此次产学 ...

Group 1 - The Greater Bay Area (GBA) is positioned as a key engine for the globalization of Chinese brands, leveraging policy advantages, industrial clusters, and open hub characteristics [2][3] - WPP Media, as the first multinational marketing communication group to establish a presence in the GBA, plays a crucial role in facilitating the transformation of brands going global [2][6] - The GBA's unique competitive advantage lies in the perfect integration of diverse capabilities, including Hong Kong's capital flow, robust manufacturing base, leading innovation speed, and cultural influence [5][6] Group 2 - The strategic positioning of the GBA is transforming into a unique competitive advantage for companies, supported by government initiatives that enhance confidence in investment, R&D, and talent acquisition [3][5] - WPP Media has developed an "end-to-end" service model to assist brands in their global expansion, focusing on opportunity insights, market entry planning, execution, and performance tracking [8][9] - The application of AI technology has become a significant enabler for WPP Media, enhancing efficiency in consumer insights, execution speed, and global collaboration [13][15] Group 3 - The shift from product export to brand globalization is evident in the GBA, with a growing focus on long-term brand storytelling rather than short-term sales [11][18] - WPP Media's service capabilities are continuously optimized to meet the evolving needs of clients, emphasizing comprehensive communication strategies and long-term brand narratives [11][12] - Successful case studies, such as the global launch of the game "Black Myth: Wukong," illustrate the importance of cultural insights and localized communication strategies in brand globalization [5][15] Group 4 - The current global economic environment presents challenges for corporate growth, but companies are increasingly recognizing the importance of balancing short-term efficiency with long-term brand building [16][18] - The trend of prioritizing long-term strategic planning is becoming more pronounced among clients, particularly in industries like 3C digital, automotive, and gaming [18][20] - Looking ahead to 2026, there is optimism in the global marketing and media industry, driven by clearer connections between marketing activities and business outcomes [20][21]

Core Insights - The implementation of "AI City Management" significantly enhances urban governance efficiency by utilizing advanced technology for real-time monitoring and problem identification [1][2] - The shift from manual inspections to AI-driven assessments allows for proactive issue detection and systematic management, reducing administrative costs and improving resource allocation [2] Group 1: Technology and Urban Governance - The AI smart collection vehicle equipped with panoramic high-definition cameras autonomously identifies urban issues, increasing efficiency over manual inspections by more than ten times [1] - The integration of AI technology transforms urban governance from reactive to proactive, enabling better data analysis and intelligent judgment [2] Group 2: Impact on Quality of Life - The application of AI in city management aims to enhance the quality of life for residents by addressing various urban issues such as street obstructions and waste accumulation more effectively [2] - The swift response to identified problems, such as the removal of a problematic advertisement within an hour, demonstrates the potential for improved urban living conditions through smart governance [2]