近日，有网友在社交媒体发布视频称，深圳地铁11号线普通车厢人满为患，而相邻的"商务车厢"却几乎 空无一人。不少网友表示，这不仅带给部分乘客"区别对待"的观感，也在一定程度上造成了运力浪费。 对此，深圳地铁客服回应称，11号线的设计定位是城市快捷干线兼顾机场快线，"商务车厢"主要为方便 前往机场携带大件行李的乘客，或为有需要的乘客提供差异化服务。目前，深圳地铁没有取消商务车厢 的计划。 面对运力浪费的质疑，地铁公司解释11号线原本只有6节车厢，后来专门加了2节商务车厢。虽未明说， 表达的意思无非是：这是挖潜增加的运力，与浪费运力没啥关系。但无论如何，这都不能改变一个事 实：这两节平时空置座位太多的车厢，原本是可以用来运输普通乘客的。毕竟，深圳地铁系统承受着全 国最高强度的运输压力。在此语境下，每一节车厢、每一平方米空间，都是保障通畅不可多得的稀缺资 源。 事实上，这种票价为普通车厢3倍的商务车厢，自2016年推出之日起便争议不断。根据当时的一项网络 调查，约五成网友支持设置，认为符合市场化原则，也方便了有支付能力的乘客；约四成网友则认为没 有必要，理由是地铁的初衷是缓解交通压力，而非刻意提升乘车舒适度。如今，深 ...

什么是公司，你为什么要成立公司？ 公司一种企业组织形式，它的本质是功利性的商业组织，以盈利为核心。但你创业开公司不能以所谓的"利润最 大化"为追求，因为这样就破坏了平衡。 想一想，如果你是客户或员工，你会跟这样的老板、公司合作吗？ 己所不欲勿施于人。只是一方面占便宜的商业行为是不可持续的，这样的例子现实中有很多，靠投机取巧或忽 悠、欺骗等方式赚钱都只是一时。 如果你认同这点，那你就自然会理解华为"以客户为中心"的企业文化和价值观。 开公司要有超越名利之上的追求，公司应该是实现你想法的工具和方法，而不是你的目的。 我们看任正非创业就是为了达成理想，华为人强调为理想而奋斗，不是为金钱而奋斗，企业的发展不能以利益来 驱动，"君子取之以道，小人趋之于利，以物质利益为基准，是建立不起强大的队伍的，也是不能长久的。" 当然物质第一意识第二，企业既要提倡精神文明，也要用物质文明去巩固才行，而且理想主义不能是空洞的，追 求理想必须脚踏实地，华为公司在这方面就做得很好。 让我们回到"公司"这个话题，简单来说，公司本身没有价值和意义，我们可以把它视为一种资源分配机制，如果 达成良好运作的话，投入产出比就会提升，当价值产出长期高于 ...

12月19日晚间，中国神华发布公告称，中国神华拟收购其控股股东国家能源投资集团有限责任公司（以下简称国家能源集 团）旗下12家标的公司的股权，合计交易价格约为1335.98亿元。 对比可见，中国神华调整了交易方案，不再收购国家能源集团所持国家能源集团电子商务有限公司100%的股权。 【导读】A股又一历史性收购！中国神华调整收购国家能源集团资产方案，确定交易价格1335.98亿元 截至12月19日收盘，中国神华A股股价报40.59元/股，总市值为7910亿元。 | 中国神华 8 0 Q く 財富 601088 融 沪股通 L1 ▼ | | --- | | ム() 点Ｑ 今井 40.68 最高 40.86 最低 40.43 | | -0.59% -0.24 换手☺ 0.10% 息手 16.20万 金额 6.59亿 | | 总值207910亿 流值 6694亿 市盈 0015.49 更多 | | H股报价: 39.680 0.86% ② (A/H)比价=1.13 > | | स्टेबिय 五日 日K 周K 月K 更多: 23 | | 均线▼ MA5:40.30↑10:40.34↓20:40.86↓ | 调整交易方 ...

第一，有科学家的底子 你得有科学家的底色： 对技术有信仰，对"硬科技"有敬畏。 现在社会上总在讨论，最需要什么样的人才? 但千万别把自己困在"技术象牙塔"里。 我们看过太多"科技小作坊"，创始人是技术天才，却沉迷自嗨，把产品当艺术品，结果卖不出 去。 信仰技术不是孤芳自赏，而是让技术真正解决世界的痛点。 我一直强调， 技术只占企业成功的20%，剩下的80%靠产品化、市场化、销售和交付。 所以，懂技术，更要懂市场。 第二，有企业家的组局力 我自己的体会是，能把 科学家、企业家、投资家这三重身份 的精髓，融合在一起的人，特别 珍贵，也特别能成事。 你得具备企业家的"组局"力—— 把图纸变成生意，把孤岛连成大陆。 吴世春 梅花创投合伙人、黑马加速导师 创业不只是写份BP，而是真刀真枪上战场。 我投理想汽车的创始人 李想 ，不是因为他天生会造车，而是他靠泡泡网、汽车之家两次连续 盈利，证明了一件事：他懂用户、懂商业，更能把0硬生生干到1。 这种能力，是把 技术、人才、资本、场景一并码齐 ，搭出一台离开谁都能自我造血、自我扩 张的赚钱机器。 缺了这一环，再硬的技术也只能躺在实验室里当展品。 第三，有投资家的眼光和思维 ...

AI出现前，人类以"万物之灵"自居；但在AI之后，这个答案开始动摇。 在量子位MEET2026智能未来大会上，上海交通大学上海高级金融学院金融学教授 朱宁 发出灵魂拷问： 编辑部 整理自 MEET2026 量子位 | 公众号 QbitAI 在AI面前，人类是什么？ 问题虽然留给大家思考了，但身为一名经济学家，他还是从专业角度为我们勾勒了一幅清晰而令人警醒的图景： 当算力、创意、时间这些曾被视为"稀缺"的人类核心优势逐渐被AI吞没，那么以这些稀缺性为基础构建起来的整套经济学逻辑——从资源配 置、生产结构到收入分配，无疑也将随之被撼动。 所以更保险的做法是，未来不要去想哪个行业在AI面前是安全的、完全不会被替代的，而应该更多考虑如何更好地掌握AI技术，和AI共生。 为了完整体现朱宁的思考，在不改变原意的基础上，量子位对演讲内容进行了编辑整理，希望能给你带来更多启发。 MEET2026智能未来大会是由量子位主办的行业峰会，近30位产业代表与会讨论。线下到场参会观众近1500人，线上直播观众350万+，获得 了主流媒体的广泛关注与报道。 核心观点梳理 AI出现之后，稀缺的概念改变了 。如何在稀缺面前做出更好的选择，是 ...

Core Viewpoint - The listing of platinum and palladium futures and options on the Guangzhou Futures Exchange marks a significant step in enhancing China's risk management tools and international pricing power in the platinum group metals industry [1][3][4]. Industry Overview - Platinum and palladium are critical raw materials for automotive catalytic converters and play a significant role in green industries. Platinum is also essential in hydrogen energy applications, while palladium's use in emerging fields is being explored [2][3]. - China is one of the largest consumers of platinum and palladium, with a high dependence on imports due to limited domestic resources. The industry is primarily driven by recycling [2][3]. - Price volatility of platinum and palladium has been significant, with annual fluctuations exceeding 20% in the past five years, impacting the entire supply chain [2][3]. Market Functions - The futures market provides three core functions: price discovery, risk management, and resource allocation, which are crucial for stabilizing operational expectations for businesses [3][4]. - The introduction of platinum and palladium futures and options fills a long-standing gap in domestic risk management tools, enabling companies to hedge against price fluctuations effectively [3][4]. Impact on Companies - The listing of platinum and palladium futures and options is expected to enhance the risk management capabilities of companies in the industry, allowing them to stabilize operational performance by locking in prices [5][6]. - Companies like Jinchuan Group and Yunnan Precious Metals Group recognize the positive implications of these futures for managing price volatility and improving decision-making in production and risk management [5][6]. Strategic Considerations - Companies are encouraged to integrate futures tools into their overall business strategies and risk management frameworks to enhance their operational resilience [7][8]. - Understanding the delivery rules and pricing logic specific to platinum and palladium is essential for companies to effectively utilize these futures contracts [8][9].

Core Viewpoint - The polyester industry in China plays a crucial role in providing 70% of textile raw materials and is closely linked to daily life, with the Zhengzhou Commodity Exchange (ZCE) developing a comprehensive risk management system for the polyester supply chain since the launch of PTA futures in 2006 [1][2]. Group 1: Risk Management Development - The ZCE has focused on addressing industry pain points by establishing a robust risk management framework for the polyester supply chain, starting with the launch of PTA futures in December 2006 [2]. - The introduction of PTA options in 2019 and short fiber futures in 2020 expanded the risk management tools available to the polyester industry, with further developments in 2023 including PX futures and options [2][3]. Group 2: Functional Impact on the Polyester Industry - The ZCE's polyester futures have significantly transformed trade practices, enhancing supply chain resilience and supporting high-quality development in the polyester sector [4]. - Since 2010, PTA futures have become a key reference for spot pricing, with nearly 100% of PTA spot trades now priced based on "futures price + premium/discount" [4][5]. Group 3: Internationalization and Price Influence - The ZCE is actively working to enhance the international pricing influence of polyester futures, allowing foreign investors to participate in trading since 2018 and hosting international forums to promote these products [6][7]. - The integration of PTA futures into international trade has improved negotiation efficiency and solidified supply chain relationships, exemplified by companies like Hengyi Petrochemical using PTA futures as a pricing benchmark in contracts [7][8]. Group 4: Future Directions - The ZCE aims to refine existing products, expand international outreach, and strengthen regulatory measures to continue supporting the manufacturing sector and contribute to new industrialization efforts [8].

Group 1 - A-shares have maintained a daily trading volume above 1.5 trillion yuan, indicating strong market resilience and active trading [1] - The trading volume has increased from 1 trillion yuan to a peak of 3 trillion yuan, reflecting a revaluation of Chinese assets [1] - The stamp duty on securities transactions has increased by 88.1% year-on-year in the first ten months of this year, correlating with the rise in trading volume [1] Group 2 - A series of supportive policies, including a moderately loose monetary policy and reduced reserve requirements, have contributed to the high activity in the A-share market [2] - The market is characterized by a coexistence of existing and new funds, with a shift towards high-performance, high-growth, and high-dividend stocks [2] - Concentration of funds in high-quality sectors is crucial for market stability, as it reflects the investment value of the market [2] Group 3 - The competition between medium-to-long-term and short-term funds in high-quality stocks highlights the market's industrial upgrade logic [3] - On November 26, 27 stocks had trading amounts exceeding 5 billion yuan, primarily in high-tech sectors like cloud computing and AI [3] - The consistent increase in trading volume suggests a positive outlook for future market performance [3]

Core Viewpoint - Yonghe Intelligent Control is facing significant challenges in asset divestiture and ongoing financial losses, indicating a deteriorating business situation and lack of investor interest in its assets [1][2][3]. Group 1: Asset Transfer Attempts - Yonghe Intelligent Control announced the public transfer of 51% equity in Taixing Pule and all debts owed by Taixing Pule, with an initial listing price of RMB 30.49 million, but failed to attract any interested buyers [1][3]. - Following the lack of interest, the company plans a second round of asset transfer at a reduced price of RMB 24.39 million, reflecting a 20% decrease from the initial price [1][3]. - The company's previous attempt to transfer shares held by its actual controller was also unsuccessful, as the buyer failed to make the required payment, rendering the agreement void [1][9]. Group 2: Financial Performance - Yonghe Intelligent Control has experienced a continuous decline in revenue since 2022, with reported revenues of RMB 9.90 billion, RMB 9.48 billion, and RMB 8.23 billion for the years 2022, 2023, and 2024 respectively, showing year-on-year declines of -1.86%, -4.19%, and -13.19% [2][7]. - The company reported net losses of RMB 261.87 million, RMB 1.56 billion, and RMB 2.97 billion for the same years, with losses increasing significantly year-on-year [2][7]. - For the first three quarters of 2025, Yonghe Intelligent Control reported revenues of RMB 5.82 billion, a decrease of 7.25% year-on-year, and a net loss of RMB 60.46 million, although this loss was less than the previous year's figure [8]. Group 3: Company Background and Business Operations - Yonghe Intelligent Control's main business includes water and heating valve fittings, tumor precision radiation treatment, and photovoltaic cell operations, with a focus on brass and copper products [7]. - The company acquired a 51% stake in Taixing Pule in late 2022 for RMB 31.22 million, aiming to enter the photovoltaic cell industry, but has since struggled with the performance of this investment [5][8]. - As of May 31, 2025, Taixing Pule reported a net asset value of -RMB 304 million and a debt of RMB 185 million, leading to a high debt-to-asset ratio of 211% [4].

Group 1 - The core point of the article is that Daon Co., Ltd. announced the transfer of its 51% stake in its subsidiary, Daon Wanyi, for 2.46 million yuan, aiming to optimize asset structure and resource allocation, which aligns with the company's long-term development strategy [1] - After the transaction, Daon Co., Ltd. will no longer hold any equity in Daon Wanyi, and the latter will be excluded from the consolidated financial statements [1] - Daon Wanyi has reported net losses of 497,100 yuan and 366,400 yuan for the years 2024 and the first nine months of 2025, respectively [1] Group 2 - Daon Co., Ltd. has seen a decline in net profit from 855 million yuan in 2021 to 141 million yuan in 2024, despite maintaining revenue growth [1] - The company's cash and cash equivalents decreased from 502 million yuan at the end of 2024 to 334 million yuan by the third quarter of 2025, a decline of 33.55% [2] - As of the third quarter of 2025, the total liabilities of Daon Co., Ltd. reached 3.168 billion yuan, up from 1.844 billion yuan at the end of 2023 [2]