2025年的中国资本市场，一面是科技浪潮下的新贵崛起，一面是传统行业的深度调整。有人凭技术突围 登顶资本之巅，有人在转型阵痛中步履维艰，有人于权力博弈中寻求破局。他们的沉浮轨迹，既是个人 命运的转折，更是行业周期、资本逻辑与时代浪潮的生注脚。 不过，这些年度人物的经历共同指向一个清晰的趋势：资本逻辑正从规模扩张转向价值回归，从概念炒 作转向硬核实力。2026年，无论是行业老将的转型自救，还是新生代的持续突围，唯有敬畏风险、坚守 本质、拥抱创新，才能在资本市场的变局中站稳脚跟。 老将承压，光环褪去后的考验与拷问 祝九胜 万科前CEO祝九胜的退场堪称地产行业的标志性事件。13年间，他见证并推动万科从千亿营收膨胀至创 纪录的5038亿元。但这份"辉煌成绩单"在2025年遭遇最严厉的审视。祝九胜以"身体原因"辞职后，财务 操作争议接踵而至，最终被传采取刑事强制措施，而万科2025年超360亿公开债务到期、现金流捉襟见 肘的困境，更暴露了地产行业高杠杆模式的脆弱性。祝九胜的结局与万科的危机，印证了行业下行周期 中，"优等生"的光环终究抵不过风险的累积。 雷军 同样面临转型考验的还有雷军。2024年小米汽车的高光延续至2 ...

本报讯(记者舒娅疆)12月30日，成都盟升电子技术股份有限公司(以下简称"盟升电子")披露公告称，该 公司与四川能投发展股份有限公司(以下简称"四川能投发展")本着"自愿、公平、合作、创新、共赢"的 原则，正式签署《战略合作协议》。双方将聚焦电力通信、物联网、数据智能等核心领域，开启资源互 补、技术协同、资本联动的全新发展篇章。 四川能投发展作为深耕电力行业的龙头企业，拥有丰富的电网资源、项目经验及市场渠道，而盟升电子 具备领先的技术研发与产品落地能力，双方的携手将实现"技术+资源"的强强联合，重点开展虚拟电厂 领域业务合作，联合推进V2G技术商业化应用试点等项目落地，为双方长远发展注入持续动力。同时， 双方将积极探索资本层面深度合作路径，助力实现业务与资本的良性互动、协同发展及价值提升。 分析人士认为，此次战略合作的签署，不仅是盟升电子业务布局的重要落子，更彰显了该公司长远发展 的核心竞争力，随着合作项目的逐步落地，盟升电子将开拓新的收入增长点，突破单一业务局限，成长 潜力进一步释放。 盟升电子相关负责人表示，未来，该公司将以技术为纽带，以生态为依托，逐步构建多行业、多场景的 协同新发展格局，抗风险能力与可 ...

Core Insights - The article emphasizes that in today's fragmented attention economy, traditional brand advertising often fails to create significant impact, likening it to "throwing salt into the sea" [1] - The key to breaking through lies not in chasing more channels, but in finding a "strategic fulcrum" that builds trust and creates long-term value [2] Trust as a Valuable Asset - Trust has become the most valuable form of traffic in an era where consumers are overwhelmed with choices, making authoritative partnerships essential for brands [3][4] - Collaborating with credible platforms allows brands to transfer the trust accumulated by these platforms, thereby reducing consumer decision-making risks [4] Case Study: Huawei - Huawei faced a trust deficit despite technological superiority, which was addressed through strategic partnerships with authoritative media, elevating its brand perception from a "technology supplier" to a representative of "Chinese intelligence manufacturing" [5] - The "Hongmeng Starry Night" event exemplified this trust-building, achieving over 203 million views and 11 billion topic reads, showcasing the deep integration of platform credibility and brand value [5] Effective Communication Strategies - Effective communication should focus on impactful messaging at key nodes rather than spreading weak signals everywhere [10] - The article highlights the importance of a structured approach to media engagement, utilizing both mainstream and social media to create a resonant narrative [10] Content as a Brand Driver - In a content-saturated environment, the scarcity lies in creating memorable and shareable content that resonates emotionally with audiences [15] - Platforms with strong content creation capabilities can provide brands with essential tools to integrate their narratives into national storytelling [15][16] Ecosystem Collaboration - The shift from "traffic cooperation" to "value co-creation" is crucial for sustainable marketing [24] - Collaborations that transform cultural IP into tangible products can enhance brand visibility and drive commercial growth [27] Conclusion: Emphasizing Certainty - The paradox of modern marketing is that despite having abundant tools, building a lasting brand seems more challenging [34] - The core of brand loyalty lies in trust, resonance, and certainty, suggesting that strategic partnerships and quality content are vital for long-term brand asset cultivation [35]

Core Viewpoint - The article emphasizes the significant progress and transformation of the HarmonyOS ecosystem, highlighting its evolution from a basic operating system to a robust platform that fosters collaboration among developers, users, and partners, ultimately contributing to China's digital sovereignty [1][3][19]. Group 1: Ecosystem Development - The HarmonyOS has achieved a milestone with over 32 million devices and 350,000 applications, showcasing a 95% ecosystem maturity, indicating a shift from mere usability to a fully functional and integrated ecosystem [3][8]. - The transition from HarmonyOS 5 to 6 represents a systemic evolution rather than a simple version update, marking a critical point in the ecosystem's development [5][6]. - The ecosystem's growth is driven by a collaborative approach, where developers and users actively contribute to its evolution, creating a self-sustaining growth model [16][17]. Group 2: User Experience Philosophy - The concept of "usability" in HarmonyOS is defined through three dimensions: intelligence, interconnectivity, and security, which enhance user experience by making technology seamlessly integrated into daily life [9][10][12]. - The system's ability to predict user needs and facilitate device integration reflects a significant advancement in user experience, moving beyond basic functionality [9][10]. - The security framework aims to rebuild trust in the digital ecosystem, which is essential for user confidence and the stable operation of the system [10]. Group 3: New Infrastructure Thinking - HarmonyOS is positioned as a crucial component of China's digital economy, representing a new form of infrastructure that supports the Internet of Things (IoT) and aims to establish a leading position in the global ecosystem [13][14]. - The operating system is not merely a technical product but a strategic initiative to regain control over the digital landscape, which was previously dominated by foreign technologies [13][14]. Group 4: Collaborative Ecosystem - The HarmonyOS ecosystem redefines the relationship between platforms and partners, promoting a "co-evolution" model where diverse developer needs and user behaviors contribute to system optimization [16]. - This collaborative approach ensures that all participants in the ecosystem derive value, fostering natural growth without the need for forced integration [16]. Group 5: Future Outlook - The article concludes with an optimistic view of the HarmonyOS's future, suggesting that the ongoing collaboration among developers, users, and technology will lead to a continuously improving ecosystem [21][23]. - The upcoming challenges in the market will be met with confidence, as the established user base and application ecosystem demonstrate the platform's potential for growth and innovation [21].

北京，2024年9月26日 —— 全球权威财经媒体《财富》杂志发布2024年度"改变世界的50家机构"榜单， 中国投资机构同人商盟凭借在硬科技突破、绿色能源转型及全球资源整合领域的卓越贡献，位列第22 位，成为本年度唯一入选的亚太区投资类机构。这也是该榜单自2015年创立以来，首次有聚焦多领域投 资的商业组织进入前25名。 以资本为笔 书写社会价值新范式 《财富》杂志在评语中指出："同人商盟重新定义了投资机构的社会角色——它不仅是资本的提供者， 更是系统性问题的解决者。通过'长期主义+生态共建'的双轮驱动，这家成立13年的机构已在硬科技突 破、碳中和实践、跨境技术转移三大领域形成可复制的创新模式。"榜单评估显示，同人商盟在"可量化 社会影响"（52%）、"商业可持续性"（31%）和"行业创新度"（17%）三项核心指标中均获得A类评 级。 在硬科技领域，同人商盟累计投资73个底层技术项目，其中德国NeuLink脑机接口项目经过8年培育， 于2024年实现瘫痪患者肢体控制技术的临床突破，目前已在全球12家医疗机构推广应用。其独创的"技 术转化加速器"机制，通过链接2000+全球技术专家网络，累计为企业解决53项关 ...

转自：新华财经 新华财经上海12月20日电（杨婧淑） 近日，由泰国投资促进委员会（BOI）主办的"泰中投资论坛"在上海举行。与会代表指出，中泰合作已进入产业链协 同、生态共建的深度发展阶段，中国企业在把握泰国区位优势、政策红利和市场机遇的同时，需重点防范股权架构、税务合规、人力资源管理等跨境风险。 2025年是中泰建交50周年，双边经贸合作基础日益坚实。中国已连续12年稳居泰国第一大贸易伙伴，成为其最大外商投资来源国。据泰国投资促进委员会 （BOI）最新数据显示，2025年1-9月间，泰国投资促进项目申请总额达1.37万亿泰铢（约合3014 亿元人民币），同比增长94%，创下自BOI成立60年来最高 纪录。其中，中国投资申请项目为839个，同比增长53%，投资额达1428.87亿泰铢（约合320亿元人民币），同比增长26%，主要集中在电子电器、金属及材 料和汽车及零部件三大行业。 泰国副总理兼财政部长艾尼提强调，泰国"面向未来的战略投资"明确将外资置于核心角色，旨在推动泰国从传统经济向高附加值现代产业转型。"我们非常 希望中国企业在泰国设立生产基地，不仅面向泰国，更辐射东盟及全球市场。" 他进一步指出，中泰合 ...

共创智能生态：标准互通推动产业跃升 AR眼镜普惠化：从技术攻坚到场景赋能 针对AR眼镜从小众走向普惠的关键瓶颈，吴斐进行了深入剖析："无论大家戴什么样的智能眼镜，你都 要回答的第一个问题就是你解决什么事情？"他以自己佩戴的亮亮视野新一代消费级AR翻译眼镜Leion Hey2为例，解决的是"当你出国的时候，面对面沟通如何去克服语言的障碍"这一明确场景。基于此， 才能开展产品定义和技术创新，例如解决"在空旷或嘈杂的场景下收音也准"、"需要8个小时的长续 航"等具体问题。 吴斐进一步指出，AR眼镜产业的分层"和智能驾驶还有机器人都非常的相似，也是从L1到L5"，发展路 径也类似，"从辅助驾驶一直到真正的自动驾驶"。除了场景价值，还需要解决"怎么用得好"以及"够便 宜"等挑战，即"做最好的眼镜，还要让大家都买得起"。 聚焦于亮亮视野，深耕AR领域十一年，在B端应用积累了丰富经验。吴斐分享了物流分拣的具体案 例："眼镜可以直接告诉他要拿什么，原来是要每一站都停，现在变成拎着车跑着就可以把事情完成"。 在核电领域，工程师佩戴亮亮视野眼镜在井下作业，"专家看着他的画面，可以实时通过标记的方式指 导他怎么样去快速完成"，因为 ...

浙江义乌——这个被誉为"世界超市"的国际贸易枢纽，每日吞吐着海量订单。然而，近年来，一股与商 贸喧嚣截然不同的"清流"正悄然汇聚于此。来自长三角乃至全国的各地高校留学生代表团络绎不绝走进 义乌一个特殊的地方：浙江稠州商业银行（以下简称"稠州银行"）。 近日，随着复旦大学留学生研学团的到访，稠州银行又迎来了一个顶尖学府的深度交流。从上海国家会 计学院，到浙江农林大学、浙江水利水电学院，再到金华本地的浙江师范大学、金华职业技术大学、浙 江广厦建设职业技术大学、义乌工商职业技术学院……十余所高校竞相探访，这里正成为国际青年与学 术机构竞相探访的"金融地标"。 稠州银行的国际业务大厅，已成为观察中国金融教育实践转向的一扇独特窗口，高校参访团的到来构成 了这里一道特别的风景线。这家植根于义乌38年的商业银行，正以其独特的"实战生态"，成为象牙塔连 接波澜壮阔全球市场的"超级转换器"。它究竟提供了何种价值，成为高校必修的"第二课堂"？ 现象观察 从金融网点到高等教育"战略合作高地" 走进稠州银行大楼，一种混合了国际金融中心与创新工场的独特气息扑面而来。这里没有朗朗书声，却 交织着国际结算系统的提示音、跨境贸易谈判的多国语 ...

中证报中证网讯(王珞)2025年，中国重汽（000951）以强劲动能，在全球重卡版图铭刻下崭新的中国坐 标：其重卡产销规模突破30万辆，销量超越2021年的历史高点。 在数智化、新能源等核心展区，大会将深入解构前沿技术的底层逻辑与应用潜能，揭示其如何以前瞻布 局驾驭产业变革。通过多个主题展馆的深度联动与场景化体验，展现中国重汽创新技术如何融入实际运 营场景，转化为用户可感知的卓越效率与切实收益。 超越产品与技术展示层面，本届大会的核心立意在于重构产业价值生态。大会将深度聚焦用户"买、 用、管、养、换"的全生命周期价值升维，是一场联动上下游全生态链的价值共创大会。它不仅将展示 引领趋势的新技术、新产品、新服务，更旨在重构与伙伴的合作范式与合作体验，共同探讨如何塑造开 放融合、互利共生的新业态，携手开拓可持续、高质量的价值增长新路径。 12月18日，以"科技引领全链共赢"为主题的山东重工中国重汽集团2026全球合作伙伴大会，即将启幕。 行业目光将聚焦于此：中国重汽将如何诠释"第一"背后的发展逻辑？将发布哪些重塑竞争格局的前瞻技 术与战略？又将如何协同伙伴开拓可持续发展的新格局？从科技引领到生态共建，从绿色转型到全 ...

Core Insights - The consumer landscape is being reshaped, with a shift from "quantity growth" to "quality leap" in retail sales, necessitating new consumption brands to redefine their value creation strategies [1] - The roundtable discussion highlighted the importance of building a collaborative ecosystem both externally with partners and internally within companies to enhance operational efficiency [1] Group 1: New Consumption Trends - The retail sales of social consumer goods are experiencing steady growth, indicating a transition in consumer behavior towards quality and long-term value creation [1] - The film "The Little Monster of Langlang Mountain" achieved a box office of 1.7 billion yuan and created over 800 derivative SKUs, with an expected GMV of 2.5 billion yuan by year-end [3][4] Group 2: Ecosystem Collaboration - Companies are moving from short-term profit models to deeper industry chain collaborations, as illustrated by Hainan Supply and Marketing Group's shift towards joint ventures and agricultural partnerships [4] - Xiaomi's strategy involves leveraging its IT, financial, and human resources capabilities to build win-win relationships with over 18,000 retail stores in China and around 300 overseas [4] Group 3: Emotional and Social Consumption - The fragmented and segmented nature of current consumer behavior emphasizes the need for brands to capture and retain consumer attention through emotional engagement and social interaction [5] - The creation and operation of IP content, along with enhanced experiential marketing, are seen as effective methods for brands to convert fleeting consumer interest into sustained sales [5][6]