呼吁美联储加强（那些）利率控制工具。 美国达拉斯联储主席Logan：美国国债与货币市场表现强劲，但也并非"无懈可击"。 非银机构在美国国债交易中的杠杆问题引发人们的担忧。 那些形势健康的银行机构使用贴现窗是适宜的。 ...

笔记工具并不是一个传统意义上的热门投资赛道，在 Google Keep、Apple Notes、OneNote、Evernote 之外，只有 Notion 冲出了重围。 剩下的还有 Obsidian 、Logseq 等新兴的笔记工具在卷双链。 进群后，你有机会得到： 01 工具是人脑 处理 信息的一种「外化」 Q：「思维工具」是技术发展赋予人类的宝贵财富。当我们第一次聊天时，你对如何为人们解锁价值的 思考方式让我非常着迷，你还提到 x-y 坐标图是一个很好的例子。能否就此展开，分享你对其感兴趣的 缘由？ Granola 是如何在一众 AI 笔记产品中打出差异化的？创始人 Chris Pedregal 在接受著名科技播客 「Colossus」的深度访谈时提到，Granola 不仅仅是一个简单的会议转录工具，其核心关键在于「非常 个人化」并赋予用户极致的「控制权」，它是一个超越简单记录、能够深度融入并赋能用户工作流程的 「思考空间」。AI 的真正价值在于成为下一代强大的「思维工具」，以前所未有的方式增强和拓展人 类的能力。 在此次访谈中，Chris Pedregal 还分享了许多有意思、且值得深思的观点： 对于思 ...

Core Viewpoint - The report highlights the growth potential of Jiyang Precision (836720.BJ) in the aluminum die-casting market, projecting a 33% year-on-year increase in net profit for 2024, driven by strong demand in the automotive and electronic sectors [1][5]. Group 1: Financial Performance - Jiyang Precision focuses on zinc-aluminum alloy precision die-casting products, expecting a revenue of 577 million yuan in 2024, representing a year-on-year growth of 25.97% [1]. - The company anticipates a net profit of 56.75 million yuan for 2024, reflecting a year-on-year increase of 32.63% [1]. - In Q1 2025, the company achieved a revenue of 155 million yuan, up 48.45% year-on-year, with a net profit of 15.65 million yuan, marking a 49.27% increase [1]. Group 2: Market Demand and Trends - The demand for aluminum alloy components is increasing due to the lightweight trend in electric vehicles, with automotive parts revenue projected to reach 332 million yuan in 2024, a 32.06% increase [2]. - The global automotive market is expected to grow by 2.10% in 2024, with global electric vehicle sales projected to rise by 24.40% [2]. - The company has begun mass production of steering motors for a certain electric vehicle company and has seen rapid growth in battery pack heater products for major automotive brands [2]. Group 3: Product Development and Innovation - Jiyang Precision has a strong focus on R&D, holding 201 patents, including 11 invention patents and 190 utility model patents [1]. - The company’s electronic and electrical components revenue is expected to grow by 41.94% in 2024, driven by increased demand for electric tools and home cleaning appliances [3]. - The company’s steam heater, a core product with invention patents, is widely used in well-known cleaning appliance brands [3]. Group 4: International Expansion - The company is expanding its international presence by establishing operations in Mexico and Thailand, and has successfully acquired German company Dico to develop the European market [4][5]. - The acquisition of Dico is expected to enhance Jiyang Precision's market entry into Europe, leveraging Dico's established customer relationships and market reputation [4][5]. - The company aims to continue seeking quality acquisition targets and accelerate the construction of its Thailand factory to meet growing overseas demand [5].

Group 1 - The traditional retail industry is facing significant challenges, with vacancy rates approaching 30% and merchants demanding rent reductions due to the impact of e-commerce and changing consumer behaviors [1][3] - Many professionals in the industry are considering transitioning to other shopping centers, but the entire sector is experiencing a downturn, leading to a search for new opportunities in emerging fields [3][4] - The concept of "15-minute living circles" is gaining popularity, with a focus on community commerce that combines essential services like convenience stores and fresh food markets, which is seen as more practical than high-end shopping centers [3][4] Group 2 - New retail experiences are emerging, such as escape rooms and immersive dining, catering to younger consumers seeking novelty [3][4] - Innovative uses of vacant retail spaces are being explored, such as transforming them into shared live-streaming studios or helping physical stores transition online, which can be more profitable than traditional rent collection [3][4] - The IT industry is viewed as a lucrative field, with high employment rates and attractive salaries for graduates from practical training programs [4] Group 3 - The trend of "second landlords" is rising, where individuals manage brand operations and shop renovations for owners, generating stable income without the risks associated with direct ownership [4] - Caution is advised for those transitioning to new ventures, emphasizing the importance of not blindly investing in unfamiliar industries and testing the waters before fully committing [4] - Successful transitions often involve leveraging past experiences in commercial logic, resource integration, and negotiation skills, with many individuals enhancing their skill sets by learning IT [4]

研究人员表示，虽然距离临床应用还有很长的路，但这项技术已经展现出巨大潜力。想象一下，未来医 生或许能像修复电路一样，精准修复出问题的大脑连接，而不会伤及健康脑区。 美国南加州大学研究团队开发出两款"黑科技"，其能像开关一样选择性且可逆地断开脑细胞之间的连 接。这一成果发表于新一期《eLife》杂志，有望改变脑科学研究，并为治疗癫痫、成瘾和创伤后应激 障碍等神经系统疾病开辟新途径。 （文章来源：科技日报） 团队还开发了两种可按需激活的GFE3工具：一种通过光激活（paGFE3），另一种通过化学信号激活 （chGFE3）。他们表示，借助这些工具，科学家能精准"剪断"特定神经连接，还能让它们重新长回 来。整个过程就像外科手术般精确，只针对目标突触，其他脑细胞完全不受影响。这种可逆、精准的操 作方式，让科学家能更深入地研究记忆、情绪、行为背后的神经机制。 在研究中，该团队从大脑自带的"回收系统"获得灵感，开发出两种分子工具：靶向兴奋性突触（让神经 连接更活跃的突触）的PFE3和靶向抑制性突触（让神经连接更少的突触）的GFE3。突触是神经元之间 在功能上发生联系的部位，也是信息传递的关键部位。 研究人员解释说，在大脑内 ...

丨证券研究报告丨 行业研究丨专题报告丨保险Ⅱ [Table_Title] 保险行业分红能力受什么影响？ ——保险基本面梳理 105 报告要点 [Table_Summary] 考虑到头部险企在生态建设、渠道发展等方面的优势，以及保险业本身"大数法则"的原理， 看好行业集中度进一步提升，龙头险企的分红潜力将更值得关注，尤其关注偿付能力宽松、资 产负债匹配良好、保单盈利能力较强的优质公司。 分析师及联系人 [Table_Author] 吴一凡 谢宇尘 SAC：S0490519080007 SAC：S0490521020001 SFC：BUV596 请阅读最后评级说明和重要声明 %% %% 资产负债匹配能力决定上限与长期 %% %% research.95579.com 1 [Table_Title 保险行业分红能力受什么影响？ 2] ——保险基本面梳理 105 [Table_Summary2] 利润、现金流与偿付能力 保险属于强监管的金融行业，分红能力需要接受更多维度监管。虽然保险行业会计报表与传统 行业存在一定区别，其分红的基础也仍然为净利润、现金流等基础会计指标；特殊的点在于， 保险公司受到偿付能力体系的严格监 ...

全体注意！北京喊你来当C位主角！ 甭管你是胡同名流还是国贸精英，是升旗仪式铁粉还是深夜食堂常客，举起手机你就是大北京天选代言人！ 拍下你眼中最绝的京城——豆汁儿焦圈儿的神仙打架、中关村大神的赛博朋克、故宫角楼的光影变装、大爷大妈单杠上起飞的反重力现场……点赞超10w的 狠人直接让你火出宇宙！ 这次由你来定义"北京范儿"！ 四大平台一起加持、百万流量给你打call，城市宣传片导演连夜来偷师！ 活动时间：2025年5月21日—2026年5月 第一季：古都新韵（2025年5月-8月）——"一轴三带"的历史神韵、热门打卡地的霓虹流转，让历史与当下跨时空对话，一键解码老北京硬核文化遗产。 第二季：时尚活力（2025年9月-11月）——国潮、街舞、网红店，中外文化混搭对撞，在时尚之秋用镜头捕捉北京国际之都的璀璨魅力。 第三季：京味烟火（2025年12月-2026年2月）——涮肉热气配冰糖葫芦，京腔京韵的市井烟火，寻找属于北京的冬天味道，感受城市灵魂与生活脉动的同频 共振 第四季：科创力量（2026年3月-5月）——北京"三城一区"科技力量大起底，揭秘大国重器的硬核突破、科技赋能的人文关怀、智慧城市的梦幻图景，未来 北京你 ...

Group 1 - The core point of the announcement is that Wuxi AppTec's subsidiary, Jiangsu Hanbang Technology Co., Ltd., was listed on the Shanghai Stock Exchange on May 16, 2025 [1] - Wuxi AppTec indirectly holds 5,313,131 shares of Hanbang Technology, representing 6.04% of its total share capital after the IPO [1] - The investment is classified as a financial asset measured at fair value with changes recognized in profit or loss, and it is reported under "other non-current financial assets" [1] Group 2 - The fair value of this investment is less than 0.5% of Wuxi AppTec's audited net assets attributable to shareholders for the year 2024, and it does not have a significant impact on the profit for the year 2025 [1] - The company anticipates no significant changes in the accounting treatment of this investment in the future [2] - The fair value of the investment may fluctuate due to stock market price changes, leading to uncertain impacts on the company's performance [2]

Group 1 - Shandong Linyi City is accelerating the internationalization of Linyi Mall, with the third Malaysia Linyi Small Commodity Exhibition held in April and a newly established overseas warehouse in Malaysia to facilitate exports to Southeast Asia [1] - Linyi Mall is a collection of 136 specialized wholesale markets, and the city has adopted internationalization as a key strategy for transformation, with a consensus among mall enterprises that "not going overseas means being eliminated" [1] - Linyi Shenshen Home Co., Ltd. has actively participated in overseas exhibitions, securing five large orders with a total export value exceeding 20 million yuan [1] Group 2 - The Linyi Mall Lan Hua (Korea) overseas mall has adopted a "front store, back warehouse + experiential consumption + online platform" model, receiving over 100,000 visitors annually [1] - Linyi has established 50 overseas malls and warehouses in Southeast Asia, Central Asia, and Africa, with plans to organize over 2,000 enterprises to "go overseas" in 2024, attracting 31,000 foreign merchants [1] - Digitalization is becoming the core driving force for the transformation and upgrading of Linyi Mall, with real-time data updates and automated logistics systems enhancing operational efficiency [1] Group 3 - Linyi is enhancing international logistics channels through "public, rail, air, and water" transport, with the establishment of international road transport centers and the development of six TIR international road transport enterprises [2] - Linyi Mall has the highest number of TIR vehicles in the country and ranks fourth in departure volume, indicating a strong logistics infrastructure [2] - The city aims to create an integrated open chain for domestic and foreign trade by attracting and nurturing foreign trade entities and establishing overseas malls and warehouses [2]

Market Performance - A-shares main indices experienced an overall increase this week, with the Shanghai Composite Index breaking through 3400 points, driven by heavyweight stocks [1] - The value-oriented stocks performed better this week, with the SSE 50, CSI A50, and CSI 300 indices rising over 1% [1] - The ChiNext Index and ChiNext 50 saw slight declines, while the A500 Index increased by 0.81% [1] ETF Performance - The A500 ETF (512050) saw a weekly increase of 0.75%, with a cumulative rise of over 10% since April 8 [3][4] - The A500 ETF had a net inflow of 384 million yuan this week, ranking first among similar products [6] - The S&P 500 ETF led the market with a weekly increase of 3.6%, reducing its year-to-date decline to 6.94% [14] Economic Factors - The U.S.-China trade talks yielded unexpected positive outcomes, significantly easing market concerns over global trade tensions and inflation [16] - Major international banks have raised their economic growth forecasts for China, contributing to a bullish sentiment in the market [19] - The People's Bank of China lowered the reserve requirement ratio by 0.5 percentage points, further enhancing liquidity in the capital markets [19] Sector Insights - The securities sector saw a significant surge, with the broker ETF rising by 2% this week, driven by improved market sentiment and policy support [17][19] - The A500 Index includes a balanced selection of 500 stocks from both traditional and emerging industries, with a focus on large-cap and liquid securities [13] - The top ten weighted stocks in the A500 Index are expected to have a return on equity (ROE) exceeding 15% in 2025, indicating strong long-term investment potential [14]