王子熙的职业轨迹始于全球金融中心华尔街。19岁从世界顶尖名校毕业，负责证券与债券业务的她，亲 历了资本市场的狂热与脆弱，曾多次成功预见并规避了市场的系统性风险。然而，在见证了资本的巨大 能量与金融游戏的局限性后，一个更宏大的愿景在她心中萌芽。 2013年，王子熙做出了一个重要决定：回归中国创业。她认为，金融的最终目的并非自我循环，而是服 务于实体经济的成长。怀揣着"用道德重塑金融，以远见重构价值"的初心，于2015年12月正式创立了德 图资本。德图资本自成立之初，就摒弃了短期套利的浮躁心态，确立了以"价值创造"为核心，以"赋能 式投资"为方法的独特路径。 在王子熙看来，投资的本质远不止于资本的注入，更在于深度的产业赋能。德图资本倡导的"赋能式投 资"强调，资本应当成为企业成长的战略伙伴，而非旁观者。这种理念通过"产融结合"的思维得以实 现，德图资本不仅仅提供资金，更重要的是为被投企业链接资源、优化管理、规划战略，甚至提出 了"金融服务免费"的前沿概念，旨在真正与企业共成长，共同创造并分享长期价值。这种深度参与和价 值共创的模式，使得德图资本能够发掘并培育那些极具"可塑性"的潜力企业。 来源：市场资讯 （来源： ...

Wind数据显示，10月9日，华南市场钛白粉报价1.33万元/吨，与9月末报价持平，仍处于价格周期低 谷。近年来，钛白粉价格震荡下行，从2021年6月份的2.04万元/吨降至目前价位，导致钛白粉行业企业 经营业绩承压，行业进入深度调整期。"尤其行业里的中小企业，在规模、成本、技术方面竞争力较 弱，面临不小经营压力。"一名钛白粉行业从业者的感慨，道出了钛白粉企业当前的困境。 多重挑战下，行业内部分企业积极突围，产业链并购整合提速。受访业内人士认为，并购整合有助于推 动钛白粉产业进一步向规模化、集约化发展，促进技术升级，提升产品质量与全球竞争力。 下游需求迎来边际好转 近年来，钛白粉行业企业业绩承压，以金浦钛业股份有限公司为例，2022年至2024年，该公司归属于上 市公司股东的净利润已连续3年为负，累计亏损超5亿元。2025年上半年，该公司仍未扭亏，归属于上市 公司股东的净利润为-1.86亿元。 对于亏损，该公司相关负责人在近期举行的业绩说明会上表示："受到包括成本高企、需求疲软、低价 竞争激烈等因素影响，钛白粉行业正面临内忧外困。" "近年来，由于供需失衡，钛白粉价格持续探底。"陕西巨丰投资资讯有限责任公司高 ...

以下文章来源于Cici的会客厅 ，作者Cici的会客厅 Cici的会客厅 . 一级市场资本前沿观察者 主理人Cici：一级市场财务顾问（FA）暨商业咨询公司创始人，美国 UTD金融会计硕士 ☕ 在这里，我们聊一级市场投资的底层逻辑，也探讨如何将专业洞察融入您的财富 版图。 01 一个电话背后的行业困局 最近，一位朋友给我打了个很长的电话。 我们姑且叫他李总。 电话那头，这位曾经在路演时意气风发的技术大牛，声音却充满了疲惫。 他的公司，一家一度被众多知名资本热捧的初创企业，最终还是没能撑过这个资本寒冬。 更糟糕的是，他即将被法院列为" 失信被执行人 " 。 宏观数据显示一级市场" 理性回暖 " ，港股IPO数量增长1 5%； 然而微观层面，从业者的体感却是冰冷的。 李总的悲剧，究竟是个例，还是系统性" 变形 " 的必然结果？ 02 新常态，从" 募投管退 "到" 募投管退返 " 李总的个人悲剧，并非发生在真空中。它是一场席卷整个行业的系统性变革所投下的缩影。这 场变革，首先体现在 GP（基金管理人）工作模式的根本性转变上。 这意味着他不仅失去了事业，还将失去作为普通人的大部分" 自由 " ——坐不了飞机、住不了 ...

关注吴大爷二三事，一起共同成长 知识分享 丨生活感悟 学习思考，寻找自我。 大家好，我是满肚子鸡汤的吴大爷，一个天天在键盘上敲打心灵，喜欢给人讲知识讲故事的男人。 在90年代的国企大院里，常常能看到这样的场景：一个领导走进会议室，什么话都没说，台下的空气就变得紧绷起来，大家屏住呼吸，等待着他 的一句话。 老派的领导讲话，不是PPT，也没有KPI表格，只是几句掷地有声的话，就能让团队心里有了方向。 这种场景让我想起一个核心问题：一个组织的灵魂，到底来自哪里？是制度？是战略？还是那一群被点燃的"人"？ 答案往往出乎意料。 真正的能量，来自人——来自那种能让空气都发生变化的领导力。 而今天我们要聊的"五步组合论"，就是一个更适合中国商业的管理方法论。 它不像西方的教科书那样抽象，而是从"人"开始，延伸到团队、战略、竞争力，最后落到价值创造。 这五步就像是一首节奏分明的交响曲，每一拍都扣在企业的命脉上。 一、领导的气场：空气都能变的力量 在很多人眼里，领导力就是一套管理技巧和方法论，但真正的领导力往往更直观。 一个好的领导走进会议室，不需要说一句话，空气的温度就已经变了。 那是一种气场，也是一种能量。 领导是团队最大 ...

张玉卓在会议上表示，国资央企要着力抓好稳健经营，优化经营策略，注重向内挖潜，全力降本增效， 提升经营效益；要着力优化投资结构，以高质量投资引领高价值增长；要带头坚决抵制"内卷式"竞争， 坚定走差异化发展和品牌竞争路线，引导行业健康、良性、可持续发展；要着力加强风险防范，进一步 健全常态化风险监测预警机制，加强重点业务风险处置，坚决守住风险防控底线。 会议信息显示，今年以来，中央企业沉着冷静应对各种风险挑战，价值创造稳步提升，发展动能不断增 强，基础供应保障有力，运行质效持续改善，经济运行企稳向好态势进一步巩固。 （文章来源：新华社） 国务院国资委主任张玉卓日前表示，国资央企要保持战略定力，坚定不移办好自己的事，注重提升"五 个价值"，更好助力稳就业、稳企业、稳市场、稳预期。要着力抓好稳健经营，带头坚决抵制"内卷 式"竞争。 日前，国务院国资委召开部分国有企业经济运行座谈会，进一步研究夯实企业高质量发展基础的政策举 措。张玉卓是在此次会议上作出上述表示的。 国务院国资委从2023年开始系统提出"五个价值"，也就是更加注重提升增加值、功能价值、经济增加 值、战略性新兴产业收入和增加值占比、品牌价值，目的是树立价值 ...

NEW YORK--(BUSINESS WIRE)--Irenic Capital Management, LP, a significant shareholder of Workiva, Inc. ("Workiva†or the "Company†) (NYSE: WK) with approximately 2% of the Company's outstanding shares, today issued a presentation outlining actionable recommendations to address the Company's significant share price underperformance relative to peers and create value for all shareholders. Irenic issued the following statement: "Workiva is a high-quality business with market-leading products in its. ...

Core Insights - China Electric Power Engineering Consulting Group Co., Ltd. (referred to as "China Electric Engineering") ranked first in the "Top 60 Engineering Design Enterprises in China" for the sixth consecutive year [1] - In the "Top 80 Contractors in China," China Electric Engineering improved its ranking to ninth place, with its subsidiaries also making notable appearances in the rankings [1] - The company ranked first in the "2025 Most Internationally Expansive Engineering Design Enterprises" and fourth in the "2025 Most Internationally Expansive Contractors" [1] Group 1 - China Electric Engineering has implemented the directives from the State-owned Assets Supervision and Administration Commission, focusing on optimizing industrial layout and enhancing technological innovation [1] - The company aims to achieve steady growth in quality, efficiency, and effectiveness, laying a solid foundation for the completion of the 14th Five-Year Plan and the initiation of the 15th Five-Year Plan [1] - The subsidiaries of China Electric Engineering, including Northwest Institute, Guangdong Institute, Central South Institute, Southwest Institute, and Jiangsu Institute, ranked 40th, 45th, 61st, 67th, and 74th respectively in the "Top 80 Contractors in China" [1] Group 2 - The company is committed to foundational stability through "integrity," innovation for structural support, practical efforts for quality and efficiency improvement, and proactive development [2] - China Electric Engineering aims to lead in technological innovation and value creation while addressing the energy revolution [2] - The company is focused on achieving its dual business and innovation goals to contribute significantly to building a world-class enterprise [2]

Core Insights - The company is focusing on transforming advanced management experiences into practical outcomes to enhance efficiency and break through existing bottlenecks [1][3] - A discussion on benchmarking against advanced practices is being held to identify gaps and promote a proactive mindset towards value creation [3][4] Management Optimization - The company is addressing key issues such as "insufficient benchmarking and limited thinking" through self-analysis and advanced comparisons, aiming to find breakthrough points for management optimization and efficiency enhancement [4] - Specific improvement directions include optimizing transportation costs and enhancing equipment efficiency, with a commitment to implement at least one lean improvement project per quarter and collect a minimum of 20 self-improvement suggestions monthly [4][6] Implementation of Lean Management - The company is actively converting improvement ideas into actions, focusing on upgrading transportation systems and optimizing resource utilization, with significant expected savings and revenue increases from specific projects [6][10] - For instance, the centralized transportation system in the second mining area is projected to save 2,188 meters in transportation distance and reduce costs by over 900,000 yuan, while another project is expected to recover 57,000 tons of coal and generate an additional revenue of over 3 million yuan [6] Employee Engagement and Performance - The company emphasizes the integration of the "Six Precision and Six Enhancements" management approach into frontline production to achieve cost reduction and efficiency improvement through full employee participation [7][10] - Employees are incentivized based on their work output, with potential earnings increasing significantly through enhanced productivity measures [8] Continuous Improvement and Benchmarking - The company is committed to continuous improvement by optimizing work processes and enhancing operational efficiency, achieving a 10% increase in work efficiency and a 28.6% improvement in excavation efficiency through the use of advanced machinery [10] - Leadership stresses the importance of deep benchmarking against industry leaders to uncover not just surface-level differences in technology and efficiency, but also deeper issues in thinking patterns, management philosophies, and execution capabilities [10]

Core Insights - The live cooking event featuring Liu Qiangdong is a strategic move by JD.com to enhance its local lifestyle services, blending user engagement, ecosystem building, and strategic differentiation [1][3]. Group 1: Cultural Integration and Brand Strategy - The choice of "Huang Gou Zhutou Rou," a traditional dish with a 300-year history, reflects JD.com's deep understanding of local culture and its commitment to integrating cultural elements into its business model rather than engaging in price wars [3]. - Liu Qiangdong's humorous remarks during the event highlight JD.com's ability to maintain a relaxed and humorous brand image amidst fierce competition, emphasizing the importance of personalized brand representation over cold commercial declarations [3][4]. Group 2: Differentiation in Business Strategy - JD.com’s declaration of not engaging in price wars reveals its differentiated strategy in the hotel and travel sector, focusing on long-term ecological balance rather than short-term profit maximization through squeezing hotel operators [3]. - The "Seven Fresh Kitchen" initiative connects JD.com's 800 million high-spending users with the primary clientele of four-star hotels, creating a virtuous cycle of "food attraction to travel conversion," which is more persuasive than traditional advertising [3]. Group 3: Humanized Brand Communication - Liu Qiangdong's appearance as a chef breaks down barriers between corporate leaders and consumers, fostering a sense of relatability and human connection, which is essential for modern business leaders [4]. - The event signifies a shift in commercial competition from mere price battles to a focus on value creation, as more business leaders engage authentically with users [4].

Group 1: Core Insights - Liu Qiangdong emphasized the importance of maintaining healthy competition among private enterprises, advocating for collaboration and mutual respect rather than personal animosities [1] - The launch of "Qixian Xiaochu" is expected to enhance consumer trust and increase order volumes in the local restaurant industry, with daily orders reaching at least 1,500 within a two-month period [3] - The company aims to address the high commission rates of 25% charged by existing delivery platforms, which can compromise food safety and profitability for restaurants [3] Group 2: Business Model and Strategy - Liu Qiangdong reflected on his early entrepreneurial experiences, highlighting the need for transparency in business practices, which led to the establishment of a new pricing model for products [2] - The company transitioned from being a major seller of computers and accessories to becoming the largest home appliance retailer in China by 2016, despite initial resistance from the board [2] - The focus on quality and fair pricing is seen as a way to uplift the industry, with a call for platforms to share profits more equitably with stakeholders [1]