来源：格隆汇APP 2026年度格隆汇"全球视野"十大核心资产已正式发布，沃尔玛（WMT.US）历经多轮筛选与角逐，最终 入选成为全球核心资产中零售领域的标杆标的。 以下是关于沃尔玛的入选逻辑与深度解析： 2025年全球消费复苏、全渠道零售深化与供应链数字化革新形成强劲合力，零售行业迎来"效率升级 +需求分层"的黄金发展期。作为全球零售行业的领军企业，沃尔玛正告别传统零售"线下依赖"的标签， 加速推进从"线下商超巨头"到"全渠道零售生态服务商"的结构性转型。 公司明确2030年战略蓝图：电商业务收入占比冲刺30%，全球供应链数字化渗透率达90%，会员制业务 贡献利润占比提升至40%。凭借"线下网络+全渠道融合+供应链壁垒+会员生态"的独特模式，沃尔玛已 构建起兼具"抗周期韧性+成长确定性"的盈利结构，成为2026年全球市场中风险抵御能力突出的核心配 置标的，其转型背后的长期价值正被资本市场重新定价。 01 核心竞争壁垒： 四大维度构筑不可复制优势 沃尔玛的行业龙头地位，源于数十年积累的多维竞争优势，形成了新进入者难以逾越的壁垒，也是其穿 越消费周期的核心底气。 全球供应链网络构建成本壁垒。依托覆盖19个国家的 ...

同时，集团亦可凭借自身资本市场优势，与三主粮集团展开更深入的合作，并透过公司的品牌效应推动 相关合作业务的市场推广及专案进一步扩张。于订立战略合作备忘录后，双方将就智慧农业及大健康产 业等方面开展相关的市场分析、行业研究，并会尽快开始人员沟通及实地考察工作。 集团主要从事装修服务及装修材料供应服务。集团一直在积极寻求潜在投资机会，以现有业务以为推动 多元化发展，开拓收入来源，以求改善集团的业务运营及财务状况，并提升股东价值。董事会认为，集 团与三主粮集团签署战略合作备忘录，将有利于集团把握中国内地在农业数字化及健康食品市场方面的 商机及国家政策。该业务活动可提升集团的财务表现及盈利能力，符合公司及其股东的整体利益。 中国数智科技(01796)发布公告，于2025年12月31日，公司与三主粮集团股份公司(三主粮集团)订立了一 项战略合作备忘录。根据战略合作备忘录，公司与三主粮集团初步同意将会在农业数字化、健康食品研 发、供应链数字化及市场拓展等领域共同探讨合作机遇。集团拟借助三主粮集团的技术及市场方面的优 势，满足当下企业多元化的发展需求，从而提升集团业务的多样性，并创造未来的利润增长点。具体合 作方向包括但不 ...

Group 1 - The company has signed a strategic cooperation memorandum with San Zhu Grain Group, aiming to explore collaboration opportunities in agricultural digitalization, health food research and development, supply chain digitalization, and market expansion by December 31, 2025 [1] - The cooperation will leverage San Zhu Grain Group's technological and market advantages to meet the diversified development needs of the company, enhancing business diversity and creating future profit growth points [1] - Specific areas of collaboration include building a digital foundation for smart agriculture, establishing a traceable supply chain collaboration system, integrating agricultural and health data, creating a comprehensive digital marketing and user operation ecosystem, expanding the professional health market, and establishing a joint innovation platform for agricultural technology [1] Group 2 - The company is actively seeking potential investment opportunities to diversify its business and improve financial performance, thereby enhancing shareholder value [2] - The board believes that the strategic cooperation with San Zhu Grain Group will help the company seize opportunities in the agricultural digitalization and health food market in mainland China, aligning with national policies [2] - This business activity is expected to improve the company's financial performance and profitability, benefiting the overall interests of the company and its shareholders [2]

根据战略合作备忘录，公司与三主粮集团初步同意将会在农业数字化、健康食品研发、供应链数字化及 市场拓展等领域共同探讨合作机遇。集团拟借助三主粮集团的技术及市场方面的优势，满足当下企业多 元化的发展需求，从而提升集团业务的多样性，并创造未来的利润增长点。具体合作方向包括但不限 于：(i)为智慧农业共建数字基座；(ii)构建可信可追溯供应链协作体系；(iii)促进农业及健康数据智慧整 合；(iv)创造全面数位行销及用户操作生态系统；(v)共同拓展专业健康市场及生态合作；及(vi)建立农 业科技共同创新平台。 同时，集团亦可凭藉自身资本市场优势，与三主粮集团展开更深入的合作，并透过公司的品牌效应推动 相关合作业务的市场推广及专案进一步扩张。于订立战略合作备忘录後，双方将就智慧农业及大健康产 业等方面开展相关的市场分析、行业研究，并会尽快开始人员沟通及实地考察工作。 格隆汇12月31日丨中国数智科技(01796.HK)宣布，于2025年12月31日，公司与三主粮集团股份公司 (「三主粮集团」)订立了一项战略合作备忘录。 ...

近期，塑胶原料产业互联网平台"塑大侠"宣布完成3000万元人民币天使轮融资，以"不卖一颗假塑料"为核心承诺进入市场-1。 当下塑料原料市场层级多、信息不透明，行业内有超过50家改包作坊，每年流通的假劣塑料原料超过15万吨。这些假货给下游企业带来的直接经济损失高达 200亿元以上，塑大侠试图为这个7000亿规模的市场注入一剂"强心针"。 中国塑料原料市场庞大而混乱。根据国家统计局数据，2023年全国塑料制品行业产量达7488.5万吨，市场规模按均价估算已超过7000亿元。 一家制造业采购负责人坦言，每天都要和假冒伪劣塑料作斗争，原料质量不稳定导致生产线随时可能停摆-1。 塑胶原料被誉为"工业的粮食"，其品质直接关乎下游制造业万千产品的性能与安全。 传统塑胶分销市场层级多、信息不透明，导致乱象丛生。市场充斥着大量"改包"产品，以次充好、假冒品牌现象屡禁不止。一位制造业采购负责人坦 言："原料质量不稳定，生产线随时可能停摆，带来的不仅是经济损失，更是品牌信誉的永久伤害。" 这个困境正是塑大侠创立的市场基础。面对一个高价值但充满信任危机的市场，解决痛点就等于抓住了商业机会。 塑大侠并非简单的信息撮合者，而是深度介入供 ...

从一只张着大嘴的河马门头引发的零售革命，到如今"每5天开1家店"的狂奔；从令人瞠目的30分钟配送，到2025年接连曝出的"鸡蛋风波"与"猕猴桃膨大 剂超标"。 盒马的十年，是一部在掌声与质疑中不断突围、又不断陷入新困境的商业史诗。 这家曾被马云捧起帝王蟹而名噪一时的"新零售样板"，在尝试了超过12种业态的"广撒网"后，最终在2025年迎来了它的分水岭：全面关闭对标山姆的X会 员店，转而押注下沉市场。 新任CEO严筱磊试图用"舍车保帅"的聚焦策略，带领盒马告别"舍命狂奔"的过去，然而，战略摇摆的基因、供应链的脆弱性、与下沉市场的激烈竞争，仍 像三座大山横亘于前。 盒马自成立以来探索过的业态超过十二种，包括定位高端的盒马鲜生、盒马X会员店，聚焦社区的盒马MINI、盒马邻里，以及尝试折扣路线的盒马奥莱、 盒马菜市等，其业务范围广泛覆盖了从高端会员店到社区折扣店的各种模式。 这种"广撒网"式的多业态试错在消耗大量资源的同时，也导致企业难以在任何一个单一业态上深耕并建立起足够的竞争壁垒。 尤其能说明问题的是盒马X会员店业态的历程，该业态于2020年高调推出，明确对标山姆和Costco等国际巨头，然而其发展并未达到预期， ...

近日，辽宁麦露卡集团与中食界供应链(江苏)有限公司正式宣布就"一企一链SaaS服务"达成战略合作。麦露卡 将为中食界供应链提供专业的一企一链SaaS服务，标志着双方在供应链数字化领域迈出关键一步，共同推动 行业创新与效率提升。 麦露卡作为供应链行业的创新引领者，以"一企一链"为核心，自主研发了麦露卡一企一链SaaS服务平台。该 平台帮助企业构建独立的供应链管理体系，形成以"麦露卡供应链总站+企业二级分站"协同的模式，并集成招 投标大厅、AI智能询价和员工福利商城等亮点功能，旨在助力民营企业实现数字化转型，让民营资本管理如 同国有企业般高效规范。 一企一链SaaS服务平台实现了中食界旗下分布9省的21家企业采购业务的集中统一管理，彻底解决了以往采购 流程分散、效率低下及管理成本高的难题，实现了采购管理的智能化升级。 本次与中食界供应链的合作，在采购管理与企业数字化转型方面发挥了积极作用，不仅提升了的采购效率和 透明度，还通过数字化工具优化了库存控制和成本管理。通过麦露卡一企一链SaaS服务，中食界能够像管理 国有企业一样，对其遍布全国的民营资本与供应链资源进行精细化、智能化管控，为企业的规模化扩张与可 持续发展 ...

Core Insights - The digital transformation of the supply chain is fundamentally changing traditional perceptions, shifting from a linear model centered around manufacturers to a collaborative ecosystem built on digitalization [1] - The partnership between Guangyu Mingdao and Geely Holding Group showcases a new model where suppliers are no longer passive recipients of orders but active participants in quality improvement [1][2] Group 1: Supply Chain Transformation - The traditional command-execute relationship between manufacturers and suppliers is being redefined into a digital partnership characterized by shared data, collaborative decision-making, and joint risk management [1] - Guangyu Mingdao's digital system enables seamless data flow across all supply chain stages, enhancing real-time synchronization of changes from sales forecasting to quality tracking [1] Group 2: Strategic Product Offerings - Guangyu Mingdao introduced its core product, the "Factory Brain," which serves as an intelligent hub for enterprise operations, utilizing data and AI to enhance production efficiency and quality control [2] - The comprehensive solution system from Guangyu Mingdao spans seven business lines, covering all aspects of the automotive supply chain, including data governance, logistics, and digital marketing [2]

Core Insights - Digital China Holdings Limited's subsidiary, KJ Supply Chain Co., Ltd., has signed a strategic cooperation agreement with the new stationery brand Kasimir in Hangzhou, aiming to enhance supply chain management and e-commerce operations [1][2] Group 1: Strategic Cooperation - The partnership will focus on comprehensive collaboration in supply chain management, e-commerce operations, and intelligent warehousing solutions to drive growth and innovation for the Kasimir brand in the stationery market [1] - KJ Supply Chain will provide a full range of supply chain services, including warehouse management, e-commerce operations, and digital system support [1][2] Group 2: Technological Integration - KJ Supply Chain's proprietary systems, including the Supply Chain Control Tower and KingKoo Data platform, will enhance operational efficiency [1][2] - The company will leverage its extensive warehousing network across over 300 cities in China and international capabilities across more than 40 e-commerce platforms to support Kasimir's domestic and cross-border market expansion [1] Group 3: Performance Metrics - Since the initial contact in March 2025, KJ Supply Chain has demonstrated efficient collaboration, achieving a 228% increase in order volume from May to October [2] - The company maintained a 99.99% outbound timeliness rate during this period, ensuring successful execution of Kasimir's promotional events [2] Group 4: Future Outlook - The partnership is expected to deepen cooperation in supply chain digitization and logistics efficiency optimization, exploring new pathways for upgrading the fast-moving consumer goods supply chain [2]

Core Insights - Shenzhou Holdings' subsidiary KJ signed a strategic cooperation agreement with the new stationery brand Kasimir to enhance supply chain management and e-commerce operations [1][3] Group 1: Strategic Cooperation - The partnership aims to leverage KJ's supply chain services, including warehouse management and digital system support, to drive growth and innovation for the Kasimir brand in the stationery market [1][3] - KJ will utilize its proprietary supply chain control tower system and data platforms to improve operational efficiency for Kasimir [3][4] Group 2: Technological Integration - KJ's AI-driven solutions, including the Yanyun Infinity platform, will enable the development of a specialized supply chain model to enhance digital collaboration across inventory management, order processing, and delivery [3][4] - The collaboration will also utilize KJ's extensive logistics network, covering over 300 cities domestically and 40+ international e-commerce platforms, to support Kasimir's market expansion [3][4] Group 3: Performance Metrics - Since the initial contact in March 2025, KJ has demonstrated efficient execution, achieving a 228% increase in order volume from May to October [4] - KJ maintained a 99.99% timely outbound rate during this period, ensuring successful promotional activities for Kasimir [4] Group 4: Brand Overview - Kasimir, a stationery brand under Hangzhou Aini Cultural Technology Co., has experienced consistent growth since its establishment in 2021 and aims to enhance user experience through innovative product design [5] - The brand focuses on merging aesthetics with functionality to become a preferred choice for consumers in the stationery market [5] Group 5: KJ's Industry Position - KJ has over 20 years of experience in the supply chain sector, establishing expertise across various industries, including fast-moving consumer goods [6] - The company is committed to developing customized solutions that meet client needs while enhancing supply chain service capabilities [6]