Group 1 - The founder of Cat King Audio, Zeng Dejun, is involved in a public controversy after criticizing Xiaomi's founder, Lei Jun [1][6] - Zeng Dejun clarified in a video that he has no personal grievances against Xiaomi or Lei Jun, emphasizing the importance of respect in business interactions [3][6] - He expressed that despite his negative experience with Lei Jun over a decade ago regarding a smart speaker project, he still respects Xiaomi as a successful internet company [3][6] Group 2 - Zeng Dejun's initial criticism included remarks about Lei Jun's perceived lack of respect during a past meeting, where he felt dismissed [6] - The video where Zeng Dejun criticized Lei Jun has since been removed, and Xiaomi has not publicly responded to the comments [6][7] - Cat King Audio, founded in 2015, is known for its innovative audio products and has undergone branding changes, previously known as "Cat King Radio" [7]

2025年以来，港股市场在全球主要资本市场中表现亮眼，恒生指数累计涨幅达20.52%，恒生科技指数 累计涨幅达18.57%，恒生中国企业指数累计涨幅达20.17%。受此影响，港股一级市场融资同步回暖， 再融资规模迎来爆发式增长。Wind数据显示，截至6月24日22时，今年以来港股市场再融资规模达 1428.54亿港元，占股权融资总规模的58.87%，已远超2024年港股市场再融资规模的875.13亿港元。 展望后市，分析人士认为，中国内地企业赴港上市热度将持续高企，将为港股市场注入全新活力，进一 步提升交易活跃度，科技、医药生物、消费零售三大赛道投资机遇值得关注。 ● 赵中昊 谭丁豪 再融资规模激增 Wind数据显示，截至6月24日22时，今年以来，港股一级市场股权融资（包含IPO与再融资）金额为 2424.04亿港元，较去年同期大幅上升367.43%；股权融资数量共244起，同比增长10.41%。 值得注意的是，截至6月24日22时，今年以来港股市场再融资规模达1428.54亿港元，已远超2024年港股 市场再融资规模的875.13亿港元。 从再融资数量来看，截至6月24日22时，今年以来港股市场再融资数量 ...

Group 1 - The company has launched a new employee stock ownership plan, demonstrating confidence in long-term healthy development [1] - The employee stock ownership plan involves up to 1,130 participants, acquiring 52.32 million shares at a price of 11.43 yuan per share [1] - The company also announced a stock option incentive plan for 6,302 participants, granting 68.06 million stock options at an exercise price of 22.21 yuan per share [1] Group 2 - The company maintains a leading position in the global XR glasses market, with advantages in optical components, optical-mechanical systems, core algorithms, and intelligent design and manufacturing [2] - Short-term growth is expected from the expansion of MR glasses customers and markets, which will drive shipment volume and profitability [2] - The AI+AR glasses market is anticipated to create significant incremental demand, with international giants accelerating AR industry development from the second half of this year [2] Group 3 - The company leads in TWS earphone design and core acoustic components, with a steady recovery in major customer orders and market share [3] - The diversification of clients and products in smart hardware, including gaming consoles and wearables, is expected to enhance gross margins [3] - The company plans to spin off its subsidiary, Goer Micro, for a Hong Kong listing, strengthening its position in the microelectronics field [3] Group 4 - The company forecasts net profits of 3.26 billion, 4.12 billion, and 5.04 billion yuan for 2025-2027, indicating strong long-term growth potential [3] - The current market capitalization corresponds to PE ratios of 25, 19, and 16 for 2025-2027, maintaining a "strong buy" rating [3]

Group 1 - The 2025 New Wealth 500 list shows a total market value of 13.7 trillion yuan for the 500 entrepreneurs, an 11% increase year-on-year, with 341 individuals having a market value exceeding 10 billion yuan [1] - The number of entrepreneurs with assets exceeding 100 billion yuan increased from 15 to 22, a 50% rise, primarily benefiting from the recovery in valuations of leading private enterprises in AI, consumer electronics, and new energy vehicles [1] - In Shenzhen, 58 entrepreneurs made the list, with a total market value of 1.9 trillion yuan, reflecting a nearly 20% increase year-on-year [1][4] Group 2 - AI emerged as a dominant theme in the top ten of the wealth list, with ByteDance's founder Zhang Yiming becoming the richest for the first time with a holding valuation of 481.57 billion yuan [2] - The TMT sector saw a significant expansion, with 110 individuals listed, an increase of 22 from the previous year, and their total wealth reaching 3.34 trillion yuan, accounting for a quarter of the total wealth on the list [2] - The chip industry had 36 entrepreneurs listed, making up 7% of the total, driven by the rise of AI, which has revitalized sectors like smart driving and high-speed communication [3] Group 3 - The automotive sector, particularly new energy vehicles, showed remarkable performance, with at least six industry leaders linked to this growth [5] - BYD's founder Wang Chuanfu ranked second in Shenzhen with a holding value of 1.14514 trillion yuan, while the family of Wang Mingwang from Xinwangda saw a significant rise in ranking due to their energy storage and battery business [5] - The consumer sector is evolving, with traditional products being overshadowed by coffee, tea, and energy drinks, as seen with Dongpeng Beverage's Lin Muqin family ranking in the top ten in Shenzhen [5]

Group 1: Global Economic and Political Landscape - The current period is marked by a restructuring of the global political and economic landscape, coinciding with China's economic transformation and upgrading [1] - The joint statement from the China-U.S. Geneva Economic and Trade Talks in May indicates a temporary easing of bilateral trade relations, but deep-seated strategic competition is expected to persist, particularly in high-tech sectors [1] - China's "dual circulation" development strategy is being accelerated to address external challenges and stimulate domestic demand [1] Group 2: Monetary and Fiscal Policy Outlook - A significant turning point is anticipated in the global macro policy environment in the second half of 2025, with expectations of interest rate cuts from the Federal Reserve and European Central Bank [2] - China's fiscal policy will continue to play a crucial role in counter-cyclical adjustments, with plans for more robust fiscal measures, including increased special bond issuance and targeted support for housing and land reserves [3] - The People's Bank of China is expected to implement a moderately loose monetary policy, with potential further reductions in reserve requirements and loan prime rates [3] Group 3: Investment Opportunities and Market Dynamics - Structural investment opportunities in the second half of the year are expected to focus on technology, new consumption, stable dividend assets, and central government leverage [5] - The technology sector, particularly in areas like AI, semiconductors, and military applications, is highlighted as a key area for investment due to ongoing U.S.-China strategic competition [5] - The capital market is projected to exhibit resilience and vitality, with a focus on high-quality development and opportunities in autonomous innovation, consumption upgrades, and energy transition [6]

机器之心报道 机器之心编辑部 一块经过 shunt mod 改装的华硕 ROG Astral LC RTX 5090 的性能，超越了售价 10,000 美元的 RTX Pro 6000。 「Shunt Mod」 是一种硬件级别的、具有高风险性的电路改装方法，主要用于绕过电子设备（特别是高性能显卡和主板）内置的功耗（功 率）和电流限制。 这项惊人的成果来自硬件改装大师 Der8auer（本名 Roman Hartung）。 一种提高硬件功率限制的改装 前面我们已经谈到，Der8auer 使用了 Shunt mod 分流改装。但其并不是万能的，可能对 GPU 的寿命造成危险。如果操作不当，你高价买的 GPU 可能会慢慢降级， 或者非常快速地损坏。 除了对 PCB 改装本身的担忧外，Der8auer 表示 16 针电源连接器在达到 800W 时所承受的应变可能会变得更高，从而更加危险。 那什么是理想的 Shunt mod 呢？ Der8auer 解释道，他特意等了一段时间，从而获得一款配备高效一体式液冷（AiO）的显卡后才进行这次分流器改装实验，因为液冷方案能更好地应对更高的功 耗。根据他的测试，华硕 ROG As ...

明敏 发自 凹非寺 量子位 | 公众号 Qbitai 才官宣1个月，奥特曼未出世的AI硬件，已陷入 "抄袭门" 。 最新消息，OpenAI斥64亿美金收购的AI硬件公司 IO ，因 商标、产品设计侵权 等问题，被告上法庭。 原告是 IYO ，2021年从Google X孵化成立，主营下一代"无屏幕语音计算设备"。 他们表示，OpenAI与LoveFrom团队从2022年开始就多次和IYO接触，包括投资、技术演示、设备试戴等事宜。 但是最终OpenAI拒绝合作，直接推出了IO，定位产品功能几乎一致。 更夸张的是，他们称IO公司共同创始人、工程师甚至曾伪装身份购买IYO产品，也参加了IYO设备佩戴体验。 原告IYO创始人发推：我不会让Sam和Jony偷走我们的名字。 是的，别忘了和奥特曼一起推动IO成立的，还有主导了iPhone、iPad、iMac的 苹果前首席设计师Jony Ive 。前文提到的LoveFrom团队， 就在他名下。 目前最新进展是，OpenAI已经删除了IO相关内容，但AI硬件项目并没有停。 从IYO到…IO？？ 首先来了解下原告IYO。 他们由Google X实验室孵化，2021年正式独立成为 ...

点击上图▲立即报名 而当我们历经了几十年风雨坎坷，终于练就了一种超级制造能力的时候，未来的主题就是"中国制造为全球"。我们要走向全世界，绽放中国制造的 光芒。 6月19日至6月20日，"生而全球·共融共建"第二届出海全球峰会在新加坡举行。与 会的1300名企业家与20多位来自学界、企业界、海外的嘉宾一起，探讨中国企业出 海的新方 向和新路径 。 秦朔老师在论坛上进行了《从中国制造到中国创造&全球制造》的专题演讲，本文整 理了秦朔老师演讲的精华部分，分享给大家 。 演讲 / 秦朔 整理 / 巴九灵（微信公众号： 吴晓波频道） 从大的历史周期看，中国制造的本质是"全球制造在中国"。全球把订单、原料、技术、资本等交给中国这块土地，以及中国的厂长、工程师和工 人，去为全世界做制造。 从中国制造到中国绿造、中国智造、中国质造，中国制造今天的含义跟以前已经有本质不同了，它有了很多创造的成分。换句话说，我们身在这个 时代，要带着中国制造的新内涵、新使命走向全世界。 中国能力的全球化 几年前，我提出过一个观点，就是"从全球化带动中国，到中国带动全球化"。意思是说，过去我们更多是依靠自己的勤劳禀赋，被全球的资本、订 单牵引着往 ...

联合发起方（持续扩招中） 在你的想象中，未来的世界应该是什么样的？ 你可以不必担心疾病与衰老，先进的基因药物将守护你的青春与活力 智能的AI助理会解放你的双手，为你处理生活中的一切琐碎 无需跨出家门，就能畅游世界各个未知角落，深入体验不同文化背景下的生活与思维 科技的脉搏让曾经的科幻情节变为了现实 想邀请你加入我们的Z Explorer计划，一起去探索更多的未知，去发掘更多的可能。 在这里： 关注年轻人、科技、创投的Z Potentials 关注年轻人、科技和财经的Z Finance 关注年轻人、消费和全球化的Z Lives 关注年轻人、新一代交互娱乐的脑洞航海家 你将有机会与世界顶尖高校的杰出青年携手合作，共同策划闭门活动，与行业专家面 对面； 你将有机会与一线投资人一起，挖掘最新的行业洞察，参与科技大航海时代； 你将有机会结识科技行业领袖人物，参与深度访谈，理解商业核心，一同描绘未来； 今天开始，Z Explorer正式开启招募。 我们是谁 我们是新一代年轻人的科技和商业内容媒体，内容覆盖人工智能、智能硬件、机器人、IT基础设施、 半导体、金融科技、企业服务等技术产业。 Z Explorer联合发起方拥有 ...

误区一：稳定币的价值绝对稳定。 稳定币本质是锚定资产的信用延伸，其价值既存在技术性脱锚风险，又受到锚定资产波动影响，因此稳定币的价值并非绝对稳 定，而是相对稳定。 误区二：所有法币都可以大量发行稳定币。 并不是所有的货币都能大量发行稳定币，不同法币稳定币最终的发展取决于法定货币本身的接受度，获得最广泛信任的 法币稳定币会出现"赢家通吃"。 误区三：美元稳定币会弱化美元信用。 美元稳定币的快速发展并不会冲击美元体系，而会进一步强化美元地位，因为美元稳定币拓宽了美元的功能和使用范围。而 美元稳定币对于其他国家尤其是汇率波动大的经济体的法定货币反而冲击较大。 误区四：美元稳定币是美债的"救命稻草"。 美元稳定币市场仅能稍微缓解美国短债的压力，但短债市场最终还是由美联储来主导。美元稳定币更不能缓解美国长债 的压力，整体上来看，美元稳定币对美债市场影响较小。 误区五：美元稳定币会大幅增加美元货币的供给。 美元稳定币的出现，确实会使得美元的发行权限从美联储下放一部分给到发币公司。但美联储作为货币供给的主 要参与者，仍然能够对总量的美元流动性做调控。就像联系汇率制的经济体，尽管存在多家发钞银行，但货币监管机构仍然可以根据市 ...