【文/观察者网 张菁娟】一边是"重金购买"的谋划，一边是"不惜强硬手段"的威胁。特朗普政府对格陵 兰岛的双重攻势，在对委内瑞拉动手后密集铺开，野心不加掩饰。 "格陵兰岛很可能只是一个开始。"李超说，美国短期聚焦美洲、"家门口"，可谓"远交近攻"，不管是委 内瑞拉、哥伦比亚、巴西还是格陵兰岛都想拿下。长期看，美国的目标可能更大，瞄准北极和中东。 1月10日，2026中国首席经济学家论坛年会在上海举行，多位经济学家围绕这一议题进行探讨。 星河证券首席经济学家赵红梅表示，美国当前正将战略重心转回西半球，核心意图是重塑对能源、矿产 及金融领域的控制力，这种趋势本质上是一种"防守型霸权"的体现。她认为，美国已对委内瑞拉采取行 动，格陵兰岛会是下一个目标。 诚通证券首席经济学家李宗光则从战略层面分析，称"很多人认为美国在战略收缩，这有一定道理，但 从另一个角度看，是'战略聚焦'"。 李宗光说："以前美国自诩为'世界警察'，但现在实际上是针对中国。中国的实力让美国感受到了压 力。"格陵兰岛作为重要航运节点，是美国构建区域优势、遏制竞争对手的关键抓手。在他看来，美国 近期的一系列动作，都是战略聚焦下的布局。 浙商证券首席经济 ...

证券日报网讯 1月6日，亚光科技在互动平台回答投资者提问时表示，公司当前对船艇板块的调整，是 基于整体战略聚焦和资源配置优化的需要。公司正在有序处置闲置资产、适度收缩传统产能规模，旨在 进一步降低折旧摊销等固定成本，推动船艇业务实现轻量化运营。公司高度重视"太阳鸟"品牌价值与市 场潜力，未来将继续依托品牌与技术积累，密切关注并适时把握游艇消费市场机遇。 （编辑 丛可心） ...

2025年中国食品饮料行业正处于深刻变革期，传统老牌企业面临渠道重构、产品升级、舆情风波的挑战，新兴品牌凭借差异化定位、数字化营销和产业链布 局快速崛起。变局之下，元气森林剥离非核心业务，果子熟了坚守无糖茶，认养一头牛逆势布局上游，成为这一年度乳饮企业冲破瓶颈、锐意进取的缩影。 复盘新势力元气森林、果子熟了和认养一头牛的2025年，或迸发出解行业难题的新灵感。 元气森林的关键瘦身 "慢即是快"，元气森林创始人唐彬森在一个月前的2025年经销商大会上重申了这条产品主义。 这一年，元气森林完成了一次关键的战略"瘦身"，旗下乳品品牌北海牧场正式拆分并独立运营，引入专业团队专注低温酸奶与健康乳品领域。这也标志着元 气森林从探索多品类战略转向全面深耕饮料主赛道。通过剥离非核心业务，元气森林将资源集中于气泡水、电解质水、养生水、冰茶与乳茶五大核心品类， 形成清晰的产品矩阵。 资深企业战略和技术创新管理专家、科方得咨询机构负责人张新原分析，"元气森林拆分北海牧场并推动其独立运营，是立足自身资源禀赋的核心战略聚 焦，核心逻辑在于剥离乳制品赛道的竞争损耗，将集团研发、渠道、营销核心资源全部收拢至气泡水、电解质水等五大饮料主业， ...

多位公私募机构投研人士看来，联创电子此次"国资入主+定增+战略聚焦"的组合动作，可谓在合适的 时间进行了一次关键的重整。沪上一家中大型基金公司电子行业研究员认为，下一步关键看点在于国内 大客户订单的落地速度与规模。若能成功跻身华为、蔚来等头部体系核心供应商，其估值体系将迎来全 面重塑。此外，行业正从单一消费电子依赖转向"汽车+AI+光通信"多轮驱动，联创电子聚焦高壁垒、 高成长的光学赛道，叠加国资带来的资源与信用赋能，有望凭借技术壁垒与客户绑定优势，获得持续的 估值溢价。 此前，联创电子的估值锚点受消费电子周期波动影响显著，营收规模波动、多元业务分散精力等因素制 约了估值空间。而此次"国资入主+战略聚焦"的组合动作，改变了市场评估联创电子的价值框架：一方 面，车载光学赛道正处于渗透率与单车搭载量双升的黄金期，市场空间广阔且确定性更高，成为估值重 构的核心支撑；另一方面，联创电子在模造玻璃、玻塑混合等领域的技术优势，以及锁定蔚来、华为等 核心客户的卡位优势，使其具备了在高端光学赛道兑现业绩的潜力。 经济观察网随着国资入主落地、16.3亿元定增护航及三年战略转型蓝图明晰，联创电子（002036）的市 场估值逻辑已 ...

1 2月1 8日，丝芙兰宣布与NARS达成合作，后者将携新品"NARS多用腮红棒"全线入驻丝芙兰 门店，即日起在线上线下全渠道正式开售。 NARS入驻丝芙兰的消息一经发布，便迅速引发讨论："NARS怎么现在才入驻丝芙兰？" 这背后的疑问不难理解——从品牌调性来看，二者风格高度契合。但在丝芙兰已汇聚众多国际 大牌与本土品牌的今天，NARS的"姗姗来迟"，确实令人玩味。 而 这 一 则 简 短 官 宣 ， 还 激 起 业 内 人 士 对 " 时 机 " 的 追 问 ： 当 渠 道 与 品 牌 的 选 择 逻 辑 已 悄 然 生 变，"迟到"本身，似乎也成为观察战略博弈的窗口。 截图自丝芙兰与NARS官方小红书账号 NARS在中国市场已积累相当高的知名度。这个自1 9 9 4年由法国彩妆大师Fr a n ç o is Na rs创立 的品牌，凭借标志性的黑色包装与高级妆效，已在市场奠定中高端、强设计感的独特定位。2 0 0 0年，NARS被资生堂集团收购，成为其高端品牌线中唯一的专业彩妆品牌，进一步巩固了其 在彩妆领域的地位。 在 全 面 入 驻 中 国 丝 芙 兰 之 前 ， NARS 已 构 建 了 一 个 以 ...

Group 1 - The number of private real estate companies is gradually decreasing, with only 45 remaining as of January-November 2025, down from around 70 before 2021 [3][5] - Among the top ten real estate companies, only one is a private firm, indicating a shift in capital preference towards state-owned enterprises and larger firms [5][6] - Despite the overall decline, 28 private firms have maintained stable operations, with six companies showing significant sales growth of over 50% in 2025 [6][7] Group 2 - Established private firms like Binjiang Group and Longfor Group are focusing on core cities, with Binjiang Group being the only private company expected to maintain a sales scale of around 100 billion yuan [14][16] - Binjiang Group has acquired 21 projects with a total land value of 377.2 billion yuan, primarily in Hangzhou, which contributes significantly to its sales [14][15] - The strategy of focusing on first and second-tier cities is becoming a consensus among large real estate companies to ensure inventory turnover and reduce operational risks [17] Group 3 - Emerging private companies such as Bangtai Group and Jiari Construction are achieving growth through regional focus and product innovation [21][24] - The number of private firms with high new land value has doubled in 2025 compared to 2024, indicating a potential for more companies to emerge successfully [21][22] - Local small and medium-sized enterprises are leveraging regional advantages to thrive in niche markets, such as Haicheng Group's expansion into central Chongqing [24][25] Group 4 - The real estate industry is still facing multiple challenges, with many firms adopting price-for-volume strategies leading to declining profit margins [25][26] - Companies are encouraged to focus on long-term strategies, emphasizing product quality and operational efficiency to navigate the new market cycle [26][34] - The trend towards government-supported construction of safe, comfortable, and green housing is expected to enhance product quality in the industry [26]

财报显示，荣盛石化在2025年前三季度实现营业收入2278.15亿元，同比下降7.09%；归母净利润8.88亿 元，同比增长1.34%。 公告显示，荣盛能源（舟山）成立于2023年11月，业务涵盖发电、输电及供（配）电，目前仍处于建设 期尚未全面开展经营活动。财务数据显示，该公司2024年净利润亏损88.76万元，2025年1—9月净利润 续亏106.36万元。 根据资产基础法评估，截至评估基准日，荣盛能源（舟山）股东全部权益评估价值为5.08亿元，较账面 价值增值2.08%。 荣盛石化方面表示，此次转让有利于战略聚焦与可持续发展。交易完成后，荣盛能源（舟山）将不再纳 入合并报表范围，且不会对公司财务状况和经营成果构成重大影响，不存在损害公司及股东利益的情 形。 12月8日，荣盛石化（002493.SZ）发布公告，公司全资子公司荣盛新材料（舟山）有限公司拟将持有的 荣盛能源（舟山）有限公司〔以下简称"荣盛能源（舟山）"〕100%股权，以5.08亿元转让给控股股东浙 江荣盛控股集团有限公司，本次交易构成关联交易。 （文章来源：中国经营报） ...

Core Viewpoint - The company, Beijing Oriental Yuhong Waterproof Technology Co., Ltd., is optimizing its asset structure by selling non-production real estate assets, which is seen as a strategic move to focus on its core business and enhance its competitive position in the market [1] Group 1: Asset Optimization - The company plans to sell non-production real estate assets held by its subsidiaries, which is interpreted as a proactive choice for strategic focus rather than a loss [1] - Continuous asset disposals are aimed at concentrating resources on the main business, thereby strengthening its core operations [1] Group 2: Global Expansion - The company is accelerating its global strategy through a combination of trade, investment, and acquisitions, with significant actions taken since November [2] - It intends to acquire 60% of Brazilian Novakem for approximately 144 million yuan and is constructing a production and R&D base in Mexico, expected to be operational by 2026 with an annual capacity of 100,000 tons of sand powder and 20,000 tons of water-based coatings [2] - The company completed the acquisition of Chilean construction retail leader Construmart S.A. for about 123 million USD, establishing a dual support layout in the Latin American market [2] - International production capacity has been established in key regions including Houston, USA, Saudi Arabia, and Malaysia, with the Malaysian factory expected to begin trial production in the first half of 2025 [2] - Overseas revenue has increased from 246.7 million yuan in 2020 to 877 million yuan in 2024, representing a growth of 255%, with further growth expected in 2025 [2] Group 3: Sand Powder Business Development - The sand powder business has achieved significant scale, with production capacity increasing from 1.8 million tons in 2021 to a target of 10 million tons by 2025, supported by 68 production and logistics bases nationwide [3] - The company is extending its operations upstream by investing in a new materials industrial park in Jiangxi and acquiring marble mining rights, which will lower production costs and allow entry into high-margin sectors [3] - The establishment of a silica sand production base in Guangdong is expected to generate an annual output value of 135 million yuan, positioning the company among the leading glass sand processing enterprises in the country [3] Group 4: Market Recognition and Future Strategy - The company's strategic adjustments have been recognized by the capital market, with over 50 domestic and foreign institutions acknowledging the long-term growth logic in its overseas expansion and sand powder business [4] - The company plans to continue investing in overseas capacity construction and the sand powder industry chain, aiming to become a global leader in building materials system services through a dual-driven development model [4] - This proactive strategic focus is expected to open up broader growth opportunities during a critical period of industry transformation [4]

Group 1 - The company will hold its fourth extraordinary general meeting of shareholders on December 31, 2025, at 14:30 [2][3] - The meeting will be conducted both in-person and via online voting, with specific time slots for each voting method [4][3] - Shareholders must register by December 23, 2025, to be eligible to attend the meeting [5] Group 2 - The board of directors approved a proposal for the transfer of 100% equity of Rongsheng Energy (Zhoushan) Co., Ltd. from its wholly-owned subsidiary, Rongsheng New Materials (Zhoushan) Co., Ltd., to Zhejiang Rongsheng Holding Group Co., Ltd. [25][26] - The transaction is classified as a related party transaction, as Zhejiang Rongsheng Holding Group Co., Ltd. holds 55.05% of the company's shares [25][26] - The transaction price is set at 508.241 million yuan, based on the net asset value of Rongsheng Energy (Zhoushan) [32][33] Group 3 - The company plans to set a mutual guarantee limit for 2026 at 113.796 million yuan, which exceeds 259.46% of the latest audited net assets [46] - The mutual guarantee will facilitate the sharing of credit resources among subsidiaries and support stable operational development [46][56] - The board believes that the mutual guarantees will not adversely affect the company's operational capabilities or financial stability [56]

荣盛石化（002493）(002493.SZ)发布公告，基于战略聚焦的考虑，公司全资子公司荣盛新材料(舟山)有 限公司(以下简称"荣盛新材料(舟山)")拟对外转让其持有的荣盛能源(舟山)有限公司(以下简称"荣盛能源 (舟山)")100%股权，具体方案如下：荣盛新材料(舟山)拟将持有的荣盛能源(舟山)100%股权转让给转让 给浙江荣盛控股集团有限公司(以下简称"荣盛控股")(以下简称"本次交易")。本次交易完成后荣盛新材 料(舟山)将不再持有荣盛能源(舟山)的股权，荣盛能源(舟山)不再纳入公司合并报表范围。本次交易参照 荣盛能源(舟山)的净资产协商确认价格为5.08亿元。 ...