Group 1 - GWM has appointed Zhao Yongpo, the general manager of Haval, as the new CEO of Weipai, marking the eighth CEO change in nine years, indicating a strategic shift towards internal talent over external hires [5][6] - Under the previous CEO, Feng Fuzhi, Weipai's sales were approximately 89,000 units in the first eleven months of 2025, significantly lower than competitors like Geely's Lynk & Co, which sold over 300,000 units [6] - Xiaomi has distributed over 100 million yuan in subsidies to its automotive dealers, with new store openings receiving up to 500,000 yuan each, aimed at boosting dealer morale and operations [7] Group 2 - DingTalk is reportedly launching a secret project called "D Plan," which may involve entering the hardware market with a product similar to the "Doubao phone" [9][10] - Chasing Technology has released the world's first AI health glasses, capable of monitoring heart rate, blood oxygen, and body temperature continuously [11] - ByteDance has announced significant salary increases for employees, with performance bonuses for top performers being raised by 1.5 to 3 months, reflecting a commitment to talent retention [13][14] Group 3 - MiniMax has passed the listing hearing with over $1 billion in cash reserves, supported by major investors like Alibaba and Tencent, and reported a revenue growth of over 170% year-on-year for the first nine months of 2025 [15][16] - The first L3 autonomous driving license plate has been issued to Changan Automobile, marking a significant milestone in the development of autonomous driving technology in China [28] - Zhiyun Technology has initiated its IPO process, aiming to become a leading player in the AI model sector, with substantial revenue growth projected for the coming years [26][27]

1.国家发展改革委、市场监管总局、国家网信办制定了《互联网平台价格行为规则》。平台内经营者在不同平台销售商品或者提供服务的，依法自主定 价。平台经营者不得违反《中华人民共和国电子商务法》第三十五条规定，采取提高收费标准、增加收费项目、扣除保证金、削减补贴或者优惠、限制流 量、搜索降序、算法降权、屏蔽店铺、下架商品或者服务等措施。 2.12月20日，商务部党组扩大会议在京召开。会议强调，要大力提振消费，扩大优质商品和服务供给，释放服务消费潜力。 3.12月20日，首块L3级自动驾驶专用正式号牌"渝AD0001Z"在重庆诞生，标志着长安汽车开启L3级自动驾驶时代。 4.山西省人民政府宣布废止《山西省人民政府关于禁止生产、经营、储存、运输和燃放烟花爆竹的通告(2020年8月17日)》。对此，中国烟花爆竹协会称， 协会将积极支持和协助山西调整烟花爆竹燃放政策的相关工作实施，助力科学精准施策，推动行业健康有序发展。 5.《2025年世界贸易报告》指出，在配套政策到位的情况下，人工智能有望通过提升生产率、降低贸易成本，到2040年将跨境货物和服务贸易额提高34% 至37%，全球GDP增长12%至13%。 6.2025年全 ...

1、美股三大指数集体收涨，道指收涨0.38%，标普500指数涨0.88%，纳斯达克 综合指数涨1.31%，芯片 股大涨，英伟达涨近4%，博通涨3%，英特尔涨1.4%，美光科技涨近7%。纳斯达克中国金龙指数涨 0.86%，阿里巴巴涨1.68%，拼多多涨3.5%。 2、美联储哈玛克表示更担心居高不下的通胀，倾向于将利 率维持稳定至春季；CME"美联储观察"显示，美联储明年1月维持利率不变的概率为79%。 3、美国据 悉将扣押第三艘委内瑞拉油轮，特朗普政府正加强对委内瑞拉马杜罗政权的 石油封锁，相关行动可能 导致委内瑞拉石油生产面临停摆风险。 4、通用 人工智能公司MiniMax通过港交所聆讯；壁仞科技香港 IPO拟发行逾2.47亿股，最高定价19.6港元，预期明年1月2日开始交易。 5、以色列官员计划向特朗普通 报可能对伊朗发动新一轮打击的计划，以色列总理内塔尼亚胡预计将于本月晚些时候与特朗普在佛罗里 达州海湖庄园会晤。 6、日本自民党安全保障调查会长小野寺五典提出，有必要就"无核三原则"的定位 展开讨论，自民党计划于明年2月向内阁提交相关动议推动国会讨论。 7、乌克兰总统泽连斯基称美国 提议与乌克兰、俄罗斯代表 ...

Core Viewpoint - The company, Wallen Technology (06082), is set to launch an IPO from December 22 to December 29, 2025, aiming to issue 248 million H-shares, with a price range of HKD 17.00 to HKD 19.60 per share, and plans to start trading on January 2, 2026 [1]. Group 1: Company Overview - Wallen Technology develops General-Purpose Graphics Processing Unit (GPGPU) chips and intelligent computing solutions based on GPGPU technology, providing essential computing power for artificial intelligence (AI) [1]. - The company's solutions integrate self-developed GPGPU-based hardware and proprietary BIRENSUPA software platform, supporting AI model training and inference across a wide range of applications from cloud to edge [1]. - Wallen Technology's GPGPU-based solutions demonstrate strong performance and efficiency in pre-training, post-training, and inference of large language models (LLMs), giving the company a competitive edge in the domestic market [1]. Group 2: Market Demand and Financials - The rapid development of AI, particularly LLMs and generative AI, has led to an increasing demand for computing solutions among enterprises to meet their surging needs for computing power and AI applications [2]. - The company has developed a specialized technology product, an intelligent computing solution consisting of a hardware system based on its GPGPU architecture and the BIRENSUPA computing software platform, which can be delivered in large-scale intelligent computing clusters [2]. - In 2023, the company's intelligent computing solutions began generating revenue, with 14 and 12 clients contributing RMB 336.8 million and RMB 58.9 million in revenue for the fiscal years ending December 31, 2024, and June 30, 2025, respectively [2]. Group 3: IPO and Use of Proceeds - Assuming an offering price of HKD 18.30 per share and no exercise of the over-allotment option, the net proceeds from the global offering are estimated to be approximately HKD 4.3506 billion [2]. - Approximately 85% of the proceeds will be allocated for future research and development of the company's intelligent computing solutions, 5% for commercialization, and 10% for working capital and general corporate purposes [2]. Group 4: Cornerstone Investors - The company has entered into cornerstone investment agreements, with cornerstone investors agreeing to subscribe for shares amounting to USD 372.5 million under certain conditions [3]. - Notable cornerstone investors include 3W Fund Management Limited, Qiming Venture Partners, and various insurance and investment firms [3].

Core Viewpoint - The company, Birun Technology, is set to launch an IPO from December 22 to December 29, 2025, aiming to issue 248 million H-shares, with a price range of HKD 17.00 to HKD 19.60 per share, and is expected to start trading on January 2, 2026 [1] Group 1: Company Overview - Birun Technology develops General-Purpose Graphics Processing Unit (GPGPU) chips and intelligent computing solutions based on GPGPU, providing essential computing power for artificial intelligence (AI) [1] - The company's solutions integrate self-developed GPGPU-based hardware and proprietary BIRENSUPA software platform, supporting AI model training and inference across a wide range of applications from cloud to edge [1] - The technology has a strong performance in pre-training, post-training, and inference of large language models (LLMs), creating a significant competitive advantage in the domestic market [1] Group 2: Market Demand and Financials - The demand for computing solutions is increasing rapidly due to the growth of AI, particularly LLMs and generative AI, prompting the company to develop specialized technology products [2] - The intelligent computing solutions began generating revenue in 2023, with 14 and 12 clients contributing RMB 336.8 million and RMB 58.9 million in revenue for the fiscal years ending December 31, 2024, and June 30, 2025, respectively [2] - Assuming an offering price of HKD 18.30 per share, the net proceeds from the global offering are estimated to be approximately HKD 4.3506 billion, with 85% allocated for R&D of intelligent computing solutions [2] Group 3: Strategic Partnerships - The company has entered into cornerstone investment agreements, with cornerstone investors agreeing to subscribe for shares amounting to USD 372.5 million under certain conditions [3] - Notable cornerstone investors include 3W Fund Management Limited, Qiming Venture Partners, and various insurance and asset management firms [3]

今日关注 1、12月22日，广湛高铁正式通车。广湛高铁连接广州、佛山、肇庆、云浮、阳江、茂名、湛江等地 市，广州白云站至湛江北站最快1小时32分可达。目前，广湛高铁已开始售票。 宏观经济 1、12月21日8时05分，三亚飞往捷克布拉格的DV481航班从三亚凤凰国际机场起飞，这标志着"三亚— 布拉格"航线成功开通。该航线成为海南自贸港首条投入运营的第七航权航线。 2、12月20日，"海南封关120多万卡宴只要60万"冲上热搜。随着海南宣布封关，海南自贸港"零关税"进 口车政策正式落地。不过，"零关税"进口汽车并不适用于个人消费，根据规定，海南进口车免税政策仅 针对在海南从事交通运输、旅游业的企业。 3、中国海油21日宣布，我国海上最大油田——渤海油田2025年累计生产油气当量突破4000万吨，创历 史新高。 4、据网络平台数据，2025年全年动画电影票房突破250亿，成为中国影史动画电影票房最高一年。《哪 吒之魔童闹海》《疯狂动物城2》《浪浪山小妖怪》分列今年动画电影票房榜前三位。 5、12月20日，国内首块L3级自动驾驶专用正式号牌"渝AD0001Z"在重庆诞生，标志着长安汽车在国内 率先开启L3级自动驾驶时 ...

上海壁仞科技股份有限公司 Shanghai Biren Technology Co., Ltd. （於中華人民共和國註冊成立的股份有限公司） 股份代號：6082 全球發售 聯席保薦人、保薦人兼整體協調人、聯席全球協調人、聯席賬簿管理人及聯席牽頭經辦人 整體協調人、聯席全球協調人、聯席賬簿管理人及聯席牽頭經辦人 聯席全球協調人、聯席賬簿管理人及聯席牽頭經辦人 聯席賬簿管理人及聯席牽頭經辦人 重要提示 重要提示： 閣下如對本招股章程的任何內容有任何疑問，應徵詢獨立專業意見。 Shanghai Biren Technology Co., Ltd. 上海壁仞科技股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 全球發售 國際發售股份數目 : 235,308,000股H股（可予重新分配及視 乎發售量調整權及超額配股權行使與 否而定） 聯席保薦人、保薦人兼整體協調人、聯席全球協調人、 聯席賬簿管理人及聯席牽頭經辦人 整體協調人、聯席全球協調人、聯席賬簿管理人及聯席牽頭經辦人 聯席全球協調人、聯席賬簿管理人及聯席牽頭經辦人 聯席賬簿管理人及聯席牽頭經辦人 香港交易及結算所有限公司、香港聯合交易所有限公司及香港中央結 ...

每经编辑｜张喜威 王瀚黎 V中国12月一年期、五年期LPR将公布 2 华为nova 15系列及全场景新品发布会 月22日14点30举行 3 国内成品油将开启新一轮调价窗口 4 智元机器人12月22日举办擎天租平台 5 纳斯达克100指数年度成分股调整将引 日（星期一）开盘前生效 1 现房销售占比冲破35%，买房告别"开盲盒"？ 今年以来，包括湖南平江县、甘肃张掖、河南信阳等多个城市先后出台政策，要求新出让土地的商品房项目实行现房销售。国家统计局数据显示，2024年， 商品房现房销售面积约占商品房销售面积的30.84%；今年前9月，这一占比提升至35.4%。《每日经济新闻》记者注意到，在"十五五"规划建议明确提出推 动房地产高质量发展的背景下，日前住房和城乡建设部提出了六大重点任务，其中就包括建立住房保障轮候库制度、推进商品房现房销售制度。这也意味 着，以"推进现房销售"为代表的一系列措施，将成为下一阶段房地产行业发展的核心任务。 2 突破250亿元！2025年成为中国影史动画电影票房最高一年 据网络平台数据，截至2025年12月21日，2025年全年动画电影票房突破250亿元，成为中国影史动画电影票房最高一年 ...

人民财讯12月21日电，通用人工智能(AGI)公司MiniMax(稀宇科技)12月21日首次刊发其聆讯后资料集 (PHIP)版本的招股书资料，有望刷新记录，成为从成立到IPO历时最短的AI公司。 ...

①OpenAI CEO奥尔特曼最新预测：未来告别屏幕和键盘，OpenAI上市会很晚； 奥尔特曼预测：未来告别屏幕和键盘，OpenAI上市会很晚。 ②世贸报告：人工智能到2040年或推动全球贸易增长近四成； ③国内首部AIGC动画电影《团圆令》点映； ⑤通用人工智能公司MiniMax通过港交所聆讯。 国家人工智能应用中试基地(医疗) 浙江开园 通用人工智能公司MiniMax通过港交所聆讯 来 源 ： 一 财 快 讯 ④国家人工智能应用中试基地（医疗）浙江开园； ...