8月26日，科技驱动的一站式新居住服务平台贝壳（NYSE:BEKE;HKEX:2423）发布2025年第二季度财 务业绩。得益于精细化深度运营、科学管理等一系列举措，贝壳取得稳健的发展成果。报告期内，公司 实现总交易额（GTV）8,787亿元（人民币，下同），同比增长4.7%；净收入达到260亿元，同比增长 11.3%；净利润为13.07亿元，经调整净利润为18.21亿元。二季度，贝壳非房产交易服务业务的净收入 占总净收入比例达到41%，占比创历史新高，构建出多元增长格局。 ...

1979年，蛇口工业区炸响了移山填海的开山炮。这一声轰鸣，就如同唤醒沉睡土地的春雷。1980年，中 集集团在蛇口诞生，从最困难时期人数不到60人濒临破产的小厂，一路成长为全球化制造业巨头，凭集 装箱等30多项明星产品挺进了全球制造业的巅峰赛场。在2025年《财富》中国500强榜单中，中集集团 位列第154位，较2024年排名跃升25位。 8月26日，是深圳经济特区成立45年的日子，与经济特区同岁的中集集团如何凭45年风雨兼程，成为深 圳特区"敢闯敢试"的精神缩影？中集集团董秘吴三强告诉记者，中集集团是在科学化、国际化管理的坐 标轴上突破一个个海外垄断的领域，练就强大的全球工业装备制造整合能力。 科学管理：奠定中集创新"坐标轴" 中集集团的成长史，是一部不断突破边界、主动进化的科学管理实践史。作为中国改革开放后首批引进 外资的合资企业之一，中集集团从诞生之初便携带着国际化的基因。它由招商局集团有限公司（简 称"招商局"）与丹麦宝隆洋行共同组建，引进丹麦技术专业生产20英尺国际标准集装箱。外资股东的参 与和外方主导的早期经营管理，在蛇口这片试验田中埋下了国际化、市场化运作的种子。 然而，开局之路并非一帆风顺。受全 ...

Core Viewpoint - The article highlights the journey of CIMC (China International Marine Containers) from a struggling small factory to a global manufacturing giant, emphasizing its innovative management practices and technological advancements over 45 years of development in Shenzhen [1][4]. Group 1: Historical Development - CIMC was established in 1980 in Shekou, Shenzhen, and has grown from a small factory with fewer than 60 employees to a major player in the global manufacturing industry, ranking 154th in the 2025 Fortune China 500 list, an increase of 25 places from 2024 [1]. - The company faced significant challenges in its early years, including a near bankruptcy in 1986, which led to a strategic pivot from container production to steel structure processing to survive [4][5]. - The entry of China Ocean Shipping Company (COSCO) in 1987 marked a turning point, leading to a restructuring that established a clear governance structure and allowed CIMC to return to its core business of container manufacturing [5]. Group 2: Management and Governance - CIMC's governance structure is characterized by clear property rights and responsibilities, which has facilitated scientific decision-making and effective management [5]. - The company has maintained a standardized and regulated operation, which has supported its successful listing and laid a solid foundation for overseas acquisitions [5]. Group 3: Technological Advancements - CIMC has developed core capabilities in mechanical manufacturing, including the design and production of pressure vessels and deep-sea equipment, resulting in over 30 star products [7][9]. - The company achieved significant breakthroughs in the field of cryogenic pressure vessels, developing the first domestic liquid helium tank, which showcases its technological leadership [7]. - CIMC's subsidiary, CIMC Raffles, has successfully completed the entire process of FPSO (Floating Production Storage and Offloading) module projects, breaking foreign monopolies and significantly increasing its order volume from under $500 million to over $3 billion by 2024 [8][9]. Group 4: Innovation and Global Strategy - CIMC has established an open innovation system that promotes distributed research and development, enabling the company to adapt and thrive in a competitive global market [9]. - The company has set up 20 overseas R&D centers and employed over 300 foreign experts to enhance its core technology development, demonstrating its commitment to innovation and global collaboration [9].

Core Insights - The article discusses the rise of the United States as a global economic power from 1865 to 1925, highlighting the transition from British dominance to American supremacy in industrial and financial sectors [3][28]. Group 1: Pre-Civil War Industrial Foundation - Before the Civil War, the U.S. industrial base was significantly influenced by "technology smuggling," with key figures like Samuel Slater bringing British textile technology to America [4][5]. - The U.S. faced legislative barriers from Britain aimed at stifling its industrial growth, which included prohibiting the export of advanced technologies and skilled workers [4][9]. - By 1860, the U.S. industrial output had surpassed France, although it still lagged behind Britain in key metrics like steel production [10][12]. Group 2: Post-Civil War Technological Assimilation - After the Civil War, the U.S. became a "new technology digestion machine," rapidly adopting and improving upon European innovations [13][18]. - The revision of patent laws in 1870 facilitated the absorption of foreign technologies, leading to a significant increase in U.S. steel production, surpassing that of Britain by 1880 [13][18]. - The industrial boom was characterized by the emergence of influential figures like Andrew Carnegie and John D. Rockefeller, who revolutionized their respective industries through innovative business practices [14][15]. Group 3: Innovation and Financial Systems - The introduction of the assembly line by Henry Ford in 1908 drastically reduced production costs and time, leading to a significant increase in automobile production [19][21]. - By the 1920s, the U.S. accounted for approximately 66.4% of global industrial output, showcasing its dominance in manufacturing and innovation [22][24]. - The establishment of the Federal Reserve in 1913 marked a pivotal moment in U.S. financial history, enhancing the capital markets and enabling significant wartime financing [23][24]. Group 4: Factors Contributing to U.S. Ascendancy - The article identifies four key factors in the U.S. rise: institutional advantages, scale economies, a pragmatic approach to efficiency, and an open spirit towards immigration and talent acquisition [29].

Group 1: Company Overview - Hongqi Chain officially held its 2024 annual shareholder meeting on May 15, with key executives in attendance [2] - In November 2024, the controlling stake and actual controller of Hongqi Chain changed to Sichuan Shantou Investment Co., Ltd. and Sichuan Provincial State-owned Assets Supervision and Administration Commission, respectively [2] - The company reported a total operating revenue of 10.123 billion yuan for 2024, remaining stable compared to the previous year, while the net profit after deducting non-recurring gains and losses was 477 million yuan, a decrease of 13 million yuan year-on-year [2] Group 2: Financial Performance - The main business revenue for Hongqi Chain was 9.371 billion yuan, reflecting a growth of 0.23% compared to the previous year [2] - The decline in overall performance was primarily attributed to a decrease in investment income, with the company recognizing a cumulative income of 122 million yuan from its investment in Xinwang Bank, down nearly 30 million yuan from the previous year [2] Group 3: Market Position and Strategy - The retail convenience store industry is facing increasing competition, with large supermarkets experiencing a wave of store closures [4] - Hongqi Chain emphasizes the importance of continuous innovation and scientific management, having developed the "Hongqi Cloud Platform" to enhance decision-making efficiency across the supply chain [4] - The company has been actively integrating online and offline operations, achieving over 1 billion yuan in sales through Douyin live streaming in 2024 [4] Group 4: Product and Service Expansion - Hongqi Chain has introduced a variety of products, including coffee, meals, and fresh produce, to meet diverse consumer needs [5] - The company has over 3,000 stores, primarily concentrated in the Chengdu area, and aims to expand into second and third-tier cities in Sichuan [5] - As a state-owned enterprise, Hongqi Chain is committed to promoting local products and enhancing shopping environments to improve market competitiveness [5]