厦门供应链"三剑客"联合出资68.6亿元 12月3日，厦门产投新兴科创合伙企业正式成立，该企业由厦门建发集团有限公司（下称建发）、厦门 国贸控股集团有限公司（下称国贸）和厦门象屿集团有限公司（下称象屿）三大供应链巨头旗下投资公 司等8家企业共同出资设立，总出资额68.6亿元。业内普遍认为，这一合作不仅是厦门本土商业"三剑 客"深化战略协同的重要里程碑，更标志着中国地方国企通过资本运作参与科技创新、驱动产业升级的 标志性制度创新，为地方国企高质量发展树立了新标杆。 从股权结构看，"市属国企+区级平台+市场化基金管理人"的架构设计，既保障了政策导向与地方资源 的有效对接，又保留了市场化运作的专业性与灵活性。 当前，中国正加速构建"双循环"新发展格局，将产业链供应链安全与韧性提升至国家战略高度。尤其在 全球科技竞争加剧、中美博弈持续深化的宏观环境下，地方政府与国企正成为科技创新的重要推手。厦 门此举的实质是打造一个"地方版CVC（企业风险投资）平台"，通过引导社会资本投向硬科技领域，以 产业协同反哺本地实体经济，为构建自主可控的现代产业体系提供"厦门方案"。 短期看，该合伙企业将重点布局半导体、人工智能、新能源、生 ...

格隆汇12月9日丨中国金融租赁(02312.HK)公告，自2025年8月强制全面收购要约届满及2025年10月股份 认购事项完成后，公司一直积极物色及追求于人工智能及Web3.0领域的投资机会。于本公告日期，公 司已对该等领域若干公司之上市及非上市证券作出若干新投资，包括但不限于阿里巴巴集团控股有限公 司(股份代号：9988.HK)、德林控股集团有限公司(股份代号：1709.HK)、Solowin Holdings(纳斯达克： AXG)及若干科技相关交易所买卖基金(ETF)。此等新投资乃公司经审慎考虑市场流动性、资产升值潜力 及公司整体风险管理架构后，于正常投资过程中作出，此乃公司持续努力多元化其资产组合及把握数码 经济中长期价值机会的一部分。 ...

导读： 年末掷金5亿，宁德时代又一重磅布局。 作者｜FOFWEEKLY 而值得关注的是，几乎在同一时间，宁波甬元发布一则新闻宣布：牵手星巴克中国"新伙伴"，头 部基金落子宁波，助力宁波新质生产力加速崛起。 文章中提及甬元投资牵手博裕投资，共同在宁波组建博裕新智新产股权投资基金，该基金与上述提 到的基金系同一只。 而除了宁德时代外，洛阳钼业、伊泰B股等上市公司也相继公告参与出资该基金。 由于博裕资本在消费领域深厚的积累，以及此前对于星巴克收购事件，有相关人士推测，该基金或 与星巴克中国的资本运作存在关联，可能作为其收购主体。这一猜测为此次出资增添了一层产业并 购的想象空间。 2025年，与腾讯、阿里等一度"消失"的超级LP步调相似，宁德时代重新开启了出资模式。 岁末之际，其一出手便是5个亿，参投博裕资本旗下新基金，这一动作不仅是个体战略的延续，也 是2025年底中国创投市场的一个重要信号——市场回暖。 年末掷金5亿 "宁王"年底"扫货"，又大手笔出资了。 2025年底，宁德时代的一则公告，又将这个"超级LP"拉回到聚光灯下。公司宣布使用自有资金5 亿元，参与投资"博裕新智新产（宁波）股权投资合伙企业（有限合伙） ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任 何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 # 中國金融租賃集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號： ） 自願性公告 最新業務資料 本公告乃中國金融租賃集團有限公司（「本公司」）自願發出，以知會本公司股東（「股 東」）及潛在投資者有關本公司之最新業務發展。 1 認購事項所得款項之動用 於本公告日期，本公司已按原定計劃動用大部分來自股份認購事項之所得款項淨 額，並已悉數動用預留於投資上市及非上市證券之部分。 未來計劃 本公司將持續探索於人工智能及Web 3.0領域營運之企業的投資機會。本公司亦可 能視適當時機考慮籌集額外資金，以支持其投資策略及業務發展。 承董事會命 中國金融租賃集團有限公司# 主席 謹此提述(a)Longling Capital Limited及本公司聯合刊發日期為二零二五年七月 二十八日的綜合要約及回應文件，內容有關強制性有條件現金要約（「強制性全面 收購要約」），(b)本公司日期為二零二五年十月五日及二零二 ...

天眼查App显示，近日，佛山市高旭科技投资有限公司成立，法定代表人为袁海峰，注册资本2800万人 民币，经营范围为一般项目：以自有资金从事投资活动；智能基础制造装备制造；新材料技术研发；信 息咨询服务（不含许可类信息咨询服务）；非居住房地产租赁；市场营销策划；住房租赁；园区管理服 务；创业空间服务；商业综合体管理服务；工程管理服务；普通货物仓储服务（不含危险化学品等需许 可审批的项目）；道路货物运输站经营；国内集装箱货物运输代理；装卸搬运；供应链管理服务；国内 货物运输代理；有色金属压延加工；有色金属合金销售；新材料技术推广服务；新能源原动设备制造； 新能源原动设备销售；停车场服务；工业自动控制系统装置制造。（除依法须经批准的项目外，凭营业 执照依法自主开展经营活动）。 ...

Core Viewpoint - The article highlights the recent legal issues faced by Hop Po Entertainment Media Co., Ltd., including a failure to comply with asset reporting requirements, resulting in a court ruling against the company [1]. Company Information - Hop Po Entertainment Media Co., Ltd. was established in January 2015, with a registered capital of approximately 110.84 million RMB [2]. - The company is involved in broadcasting, television program production, film distribution, and performance agency services [2]. - The legal representative of the company is Zhao Zhi, who holds about 4.5% of the shares [1][2]. Legal Issues - The company has been listed as a "dishonest executor" due to its failure to fulfill court orders, specifically regarding asset reporting, and has been restricted from high consumption activities [1]. - Previously, the company was ordered to pay 9,801 RMB due to this legal case [1].

Core Insights - Anhui Zhuoyun Chuang Technology Investment Partnership (Limited Partnership) has been established with a registered capital of 10 million RMB [1] - The legal representative of the company is Zhu Li [1] Business Scope - The company engages in investment activities using its own funds [1] - It offers software development and information technology consulting services [1] - The business includes integrated circuit chip design and services, as well as industrial design services [1] - The company is involved in the research and development of electronic special materials and the sale of integrated circuit chips and products [1] - It also retails and wholesales electronic components, power electronic components, and electronic measuring instruments [1] - The company sells various electronic products, special equipment, and optoelectronic devices [1] - It retails computer hardware and software, artificial intelligence hardware, smart robots, and semiconductor device special equipment [1]

Group 1: ETF Market - The number of billion-yuan ETFs has reached a historical high of 119, with bond ETFs being the mainstream among new entrants [1] - The total market size of ETFs has reached 5.69 trillion yuan, with 1,368 funds in total, and the scale of ETFs above 100 billion yuan accounts for 75% of the total market size [1] Group 2: Robotics Industry - The market for six-dimensional force sensors in humanoid robots is experiencing explosive growth, with a projected shipment of 12,300 units this year, a year-on-year increase of 510.1% [1] - The market is becoming increasingly concentrated, with leading companies holding over 70% market share, specifically Blue Dot Touch Control at 72.6% [1] Group 3: AI/AR Market - The domestic consumer-grade AI/AR market is thriving, with sales increasing by 186% year-on-year in Q3 2025 [2] - The AR market continues to grow, surpassing 129,000 units sold, with all-in-one AR glasses showing a remarkable growth rate of 355% [2] Group 4: Automotive Industry - The automotive industry's sales profit margin dropped to 3.9% in October 2025, the lowest in five years, reflecting a 0.5 percentage point decrease from September [2] - The average sales profit margin for the automotive industry from January to October 2025 is 4.4%, which is better than in 2024 but still at a historical low [2] Group 5: Corporate Developments - ByteDance is reportedly in talks to sell its subsidiary, Shanghai Mutong Technology, to Saudi Arabia's Savvy Games Group, although the deal is not guaranteed [2] - KUKA Group is undergoing bankruptcy restructuring, facing allegations of asset transfer and reliance on high-interest loans [3] - Anta Sports has been rumored to consider acquiring Puma, with potential collaboration with a private equity firm [3] - Vanke's decision to extend debt repayment is seen as a significant shift, indicating a likely move towards debt restructuring [3][4] Group 6: Financial Updates - SoftBank's credit default swap (CDS) has risen to its highest level since April, reflecting investor caution regarding the company's debt-driven growth strategy [4] - Huazhi Jie plans to invest 157 million yuan to establish five wholly-owned subsidiaries, aiming to expand its global strategy in the intelligent robotics and electronic manufacturing sectors [13]

Core Viewpoint - Concerns about an AI valuation bubble are negatively impacting SoftBank Group's stock performance, with traders increasingly viewing SoftBank as a "shadow stock" of the unlisted company OpenAI [1][3]. Group 1: Stock Performance and Market Concerns - SoftBank's stock has dropped approximately 40% since late October, resulting in a market value loss of over 16 trillion yen (approximately 726.06 billion RMB) [3]. - The company is facing a global AI asset sell-off, exacerbated by fears of increased competition for OpenAI following Alphabet's launch of Gemini 3.0 [3]. Group 2: Financial Performance and Investments - Despite the stock decline, SoftBank recorded a surprising net profit of 2.5 trillion yen (approximately 113.45 billion RMB) in Q2 of FY2024, aided by a 14.6 billion USD paper gain from its exposure to OpenAI [5]. - SoftBank has a payment obligation of up to 22.5 billion USD due in December, part of a total commitment of 32 billion USD to OpenAI [6]. Group 3: Strategic Moves and Industry Positioning - SoftBank aims to position itself as a core player in the AI ecosystem, believing that OpenAI will lead this space, and has sold shares in Nvidia and Oracle to fund investments in AI chip design companies [6]. - The company holds nearly 90% of Arm, which supports a wide range of modern technology products, and has acquired Ampere Computing, a key customer of Arm [6]. Group 4: Market Dynamics and Competitive Landscape - Analysts express skepticism about SoftBank's aggressive entry into chip manufacturing, highlighting the rising penetration of RISC-V architecture in AI chip design, which poses a competitive threat to Arm [7]. - Meta's plan to use Google's Gemini AI chips raises concerns for Nvidia's business outlook, impacting suppliers like Ibiden Co., while Toppan Holdings Inc. saw an 11% stock increase due to expected benefits from collaboration with Google [7]. - The era of indiscriminate buying of AI concept stocks is ending, with future market selection criteria expected to become more stringent [7].

Core Viewpoint - Concerns over an artificial intelligence valuation bubble are increasing, putting pressure on SoftBank Group's stock price as traders increasingly view the company as a representative of OpenAI [1] Group 1: Stock Performance - SoftBank's stock has plummeted approximately 40% since late October, resulting in a market value loss of over 16 trillion yen (approximately 10.2 billion USD) [1] - The significant decline in SoftBank's stock price highlights its sensitivity to OpenAI rather than the overall weakness in the AI market, at least in the short term [1] Group 2: Market Context - The launch of Google's Gemini 3.0 has raised concerns that OpenAI will face new pressures, contributing to the negative sentiment surrounding SoftBank [1] - Analysts, including Kirk Budley, emphasize that the recent stock drop reflects SoftBank's direct exposure to OpenAI [1]