Core Viewpoint - The article highlights the life and contributions of He Jiaolong, a local leader in Xinjiang, who dedicated her life to improving the living conditions of her community and promoting local tourism and agriculture, ultimately becoming a beloved figure before her untimely passing. Group 1: Early Life and Career - He Jiaolong was born in 1979 in a small village in Xinjiang, raised in a loving family that valued education and hard work [5] - She worked various jobs before becoming a village official, where she quickly gained recognition for her practical approach and dedication to community service [6][8] Group 2: Community Development Initiatives - As a local leader, He Jiaolong addressed significant challenges in her community, such as poor infrastructure and healthcare access, by initiating road construction and improving local services [9][10] - Under her leadership, the village became the first in the county to transition all residents into brick houses and became known for its cleanliness [10] Group 3: Promotion of Tourism and Agriculture - He Jiaolong focused on promoting tourism in her hometown, leveraging its natural beauty and cultural heritage to attract visitors [19] - She helped local residents start businesses related to tourism, such as restaurants and handicrafts, significantly improving their livelihoods [19][21] Group 4: Rise to Fame and Online Presence - In November 2020, He Jiaolong gained national attention when she appeared in a viral video promoting winter tourism, leading to a surge in visitors to her town [22][24] - She later embraced live streaming to sell local agricultural products, achieving remarkable sales figures and building a substantial online following [38][52] Group 5: Challenges and Resilience - Despite facing criticism and personal challenges, He Jiaolong remained committed to her mission of helping her community, even during the COVID-19 pandemic [48][51] - She established a charity to support local residents and responded to emergencies, demonstrating her dedication to public service [60] Group 6: Legacy and Impact - He Jiaolong's tragic passing in January 2026 left a profound impact on her community, with many mourning her loss and celebrating her contributions [78][82] - A rose was named "Jiaolong" in her honor, symbolizing her lasting influence and the love she cultivated in her community [83]

Core Insights - The event "Jizhu Bay Area, Guangdong Business Opportunities" successfully showcased Jilin agricultural products in Guangzhou, aiming to enhance market channels and brand influence for "Jizhu" products [1][2] Group 1: Event Overview - The event was co-hosted by Jilin and Guangdong agricultural departments, with the goal of deepening cooperation and sharing resources between the two regions [1] - Three major exhibition areas highlighted premium agricultural products from Jilin, including ginseng, black fungus, sweet corn, and deer products, showcasing the ecological advantages of Jilin's black soil [1] Group 2: Collaboration and Partnerships - A significant highlight was the signing of multiple cooperation agreements, enhancing agricultural industry collaboration between Jilin and Guangdong [2] - Jilin Youth E-commerce Association partnered with a Bay Area agricultural short video live-streaming base to facilitate cross-regional cooperation, enabling faster market access for "Jizhu" products [2] Group 3: Cross-Border Expansion - The event marked a breakthrough in cross-border trade, with Jilin enterprises signing agreements with the Thai Chinese Youth Chamber of Commerce to leverage their Southeast Asian market channels [2] - The launch of the "Jizhu" agricultural products Southeast Asia cross-border e-commerce initiative was initiated, providing comprehensive support for Jilin enterprises to enter Southeast Asian markets [2]

Core Viewpoint - The "Zhongshan Xiangnong" regional brand successfully showcased its unique agricultural products in Shenzhen, attracting significant consumer interest and sales during the "Zhongshan Goods Go Global" event [3][4][5]. Group 1: Event Overview - The event took place at the Happy Harbor Ferris Wheel Square in Shenzhen on February 7-8 [2][5]. - The "Zhongshan Xiangnong" brand presented nearly a hundred distinctive agricultural products, highlighting the culinary delights of Zhongshan [6][7]. Group 2: Popular Products - The "Yifeng cured meat rice" became a highlight, drawing long queues as it featured a combination of Yifeng sausages, cured meat, and high-quality rice, praised for its rich flavor and texture [14][15][16]. - Other popular items included freshly prepared "Shiqi pigeon" and "Crispy fish," which received positive feedback from consumers for their taste and quality [18][19][20]. Group 3: Unique Fruits - Rare tropical fruits like "Chocolate pudding fruit" and "Finger lime" gained popularity, selling out quickly with 500 kilograms sold on the first day [30][33]. - The "Chocolate pudding fruit" was noted for its unique taste, combining chocolate and banana flavors, while the "Finger lime" was appreciated for its refreshing taste and visual appeal [35][36][40]. Group 4: Sales Strategy - The brand adopted a dual online and offline sales strategy, utilizing platforms like Douyin, WeChat, and JD to reach a broader audience [42][46]. - The online sales of Zhongshan's specialty products, including cured meats and Shiqi pigeon, were well-received, indicating a strong market demand [47]. Group 5: Future Plans - The "Zhongshan Xiangnong" brand aims to continue enhancing its quality and brand presence, promoting Zhongshan agricultural products beyond the local market to the Greater Bay Area and nationwide [50][56][59].

Group 1 - Guangdong has become a key gateway for APEC goods entering the Chinese market, leveraging its geographical advantages and long-standing trade ties with APEC economies [5][6][7] - The first high-level meeting of APEC's "China Year" will be held in Guangzhou in February 2026, enhancing Guangdong's role in regional trade connectivity [6][7] - The provincial grain and material reserve work meeting in Guangzhou focused on summarizing 2025's efforts and planning for 2026 to ensure a strong start for the "14th Five-Year Plan" [10][11] Group 2 - The 16th Jilin (Changchun) Winter Agricultural Expo showcased Deqing Gonggan as a representative of Guangdong products, highlighting the strength of Lingnan agricultural products and fostering collaboration between Guangdong and Jilin [14][15][16] - The 42nd Spring Flower Market in Chen Village, known as "China's Year Orange Town," has commenced, blending traditional customs with modern agricultural branding for a 10-day consumer event [18][19][20] - A research and support activity led by South China Agricultural University in Heyuan aims to integrate technology and culture to promote local agricultural modernization and high-quality development [23][24][25]

1. Report Industry Investment Rating No relevant content provided. 2. Core Viewpoints of the Report - The macro - economic data shows a mixed picture, with some indicators like GDP growth slowing down while others such as CPI turning positive. The commodity market has different trends, with gold rising and silver experiencing significant price fluctuations. The financial market has various developments including bond market changes and currency exchange rate movements. The stock market shows a shift in capital flow from mainstream wide - based ETFs to specific high - growth theme ETFs [1][2][36]. 3. Summary by Section 3.1 Macro Data - GDP growth in Q4 2025 was 4.5% year - on - year, down from 4.8% in the previous quarter and 5.4% in the same period last year. The manufacturing PMI in January 2026 was 49.3%, slightly up from 49.0% in the previous month. The non - manufacturing PMI: business activity was 49.4%, down from 50.1% in the previous month [1]. - In December 2025, social financing scale was 22075 billion yuan, lower than 35299 billion yuan in the previous month. M0, M1, and M2 growth rates showed different trends, with M0 growth slowing down, M1 growth dropping significantly, and M2 growth slightly increasing [1]. - CPI in December 2025 was 0.8% year - on - year, turning positive from - 0.3% in the previous month. PPI was - 1.9% year - on - year, slightly improving from - 2.3% in the previous month [1]. 3.2 Commodity Investment Reference 3.2.1 Comprehensive - The State Council executive meeting studied policies to promote effective investment, aiming to use various funds and tools to promote major projects in key areas [2]. - In January 2026, the futures market had a good start, with total funds increasing by over 400 billion yuan to 2.57 trillion yuan, and customer equity increasing by about 19% compared to the end of 2025. The number of futures customers also continued to grow [2]. - The Shanghai Gold Exchange adjusted the margin ratio and price limit of some contracts [2]. 3.2.2 Metals - On February 9, spot gold rose 1% to return to the $5000 mark, and spot silver rose nearly 3%. From February 2 to 6, the on - site price of Guotou Silver LOF dropped 40.94% in a single week [4][5]. - China's foreign exchange reserves increased for the sixth consecutive month, and gold reserves increased for 15 consecutive months. In January 2026, global gold ETFs attracted a record $18.7 billion in capital inflows [5][6]. 3.2.3 Coal, Coke, Steel, and Minerals - In late January, the daily output of crude steel of key steel enterprises was 1.935 million tons, down 2.22% month - on - month and 8.25% year - on - year [9]. 3.2.4 Energy and Chemicals - Indian refiners are avoiding purchasing Russian oil for April delivery. The IEA predicts that by 2030, the combined share of renewable energy and nuclear power in the global power structure will rise to 50% [10]. - The EU proposed the 20th round of sanctions against Russia, covering energy, financial services, and trade. The US Energy Secretary will visit Venezuela to understand local oil and gas production [10][11]. 3.2.5 Agricultural Products - The national standard for pre - made food safety is open for public comment, with restrictions on preservatives and shelf - life. The agricultural department will strengthen the regulation of pig production capacity [13]. - APK reduced Ukraine's corn and rapeseed export forecasts. Brazilian soybean sales reached 33.9% of the expected output, lower than 42.4% in the same period last year [13]. 3.3 Financial News Compilation 3.3.1 Open Market - On February 6, the central bank conducted 31.5 billion yuan of 7 - day reverse repurchase operations and 300 billion yuan of 14 - day reverse repurchase operations, with a net withdrawal of 146 billion yuan. This week, there will be 405.5 billion yuan of reverse repurchase and 500 billion yuan of 182 - day repurchase due [16]. 3.3.2 Important News - This week, important domestic and international events include the release of economic data, corporate earnings reports, and international negotiations. The State Council studied policies to promote effective investment, and the central government emphasized the front - loading of macro - policies [17]. - Eight departments jointly issued a document to ban virtual currency - related business activities. The CSRC issued a regulatory guide for the overseas issuance of asset - backed securities tokens [18]. - The Ministry of Commerce will build a policy system to cultivate new service consumption growth points. China's foreign exchange and gold reserves increased, and the Asian and global manufacturing PMIs showed different trends [19][21]. 3.3.3 Bond Market Review - In the inter - bank bond market, bond yields generally declined, and bond futures rose. In the exchange bond market, some bonds had significant price changes. The convertible bond index rose, and the currency market interest rates had different trends [26][27][28]. 3.3.4 Foreign Exchange Market - The on - shore RMB against the US dollar rose 7 points at the 16:30 close, and the RMB central parity rate against the US dollar was adjusted down 20 points. The US dollar index fell 0.36% [31]. 3.3.5 Research Report Highlights - Shenwan Fixed - income believes that the convertible bond market style is solidified, and the supply - demand contradiction is intensified. CITIC Securities expects the market to return to the main lines of domestic policy and economic repair and overseas Fed rate - cut expectations in February [32][33]. - CICC believes that the Fed is unlikely to "shrink the balance sheet" in the short term, and the final rate - cut amplitude may exceed market expectations. CICC Fixed - income believes that the default risk of short - duration urban investment bonds is still low [33][34]. 3.4 Stock Market News - In 2026, the A - share ETF market showed a trend of capital flowing from mainstream wide - based ETFs to theme ETFs. Southbound funds have continuously increased their investment in the Hong Kong stock market, and the Hong Kong IPO market has maintained its popularity [36]. 3.5 Today's Reminder - On February 9, 248 bonds are listed, 118 bonds are issued, 147 bonds are due for payment, and 309 bonds are due for principal and interest repayment [35].

热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 来源：华泰期货 作者： 薛钧元 粕类市场要闻与重要数据 期货方面，上周末收盘豆粕2605合约2735元/吨，环比下跌32元/吨，跌幅1.16%；上周末收盘菜粕2605 合约2239元/吨，环比下跌48元/吨，跌幅2.1%。现货方面，天津地区豆粕现货价格3170元/吨，环比持 平，现货基差M05+435，环比上涨32；江苏地区豆粕现货价格3030元/吨，环比下跌20元/吨，现货基差 M05+295，环比上涨12；广东地区豆粕现货价格3010元/吨，环比下跌60元/吨，现货基差M05+275，环 比下跌28。福建地区菜粕现货价格2410元/吨，环比下跌80元/吨，现货基差M05+171，环比下跌32。 豆粕：国际方面，巴西国家商品供应公司表示，截至1月17日当周，巴西2025/26年度大豆收割进度为 2.3%，去年同期的收割进度为1.2%。布宜诺斯艾利斯谷物交易所表示，截至1月21日，阿根廷2025/26年 度大豆播种完成96.2%，高于一周前的93.9%。 国内方面，据Mysteel农产品调研显示，2026年第5周国内全样本油厂大豆到港共计30. ...

Group 1: Festive Atmosphere - The upcoming Spring Festival is marked by vibrant decorations and cultural activities across various regions, enhancing the festive spirit [4][5][7] - In Tianjin, 59 unique light displays integrate local cultural elements, while Chengdu showcases dynamic light technology with traditional silk patterns [4] - In Yunnan, a park features a 15-meter tall flower peacock made from 200,000 flowers, creating a picturesque scene [4] Group 2: Market Activity and Consumer Engagement - Various regions are hosting diverse celebrations, including traditional performances and fun competitions, attracting large crowds [7] - In Ningxia, locals engage in traditional activities like writing Spring Festival couplets, while in Chongqing, fun contests such as pig-catching and chicken-catching are popular [7] Group 3: Pre-Festival Market Dynamics - Specialty markets are bustling with consumers purchasing traditional goods, with local products and delicacies drawing significant attention [10] - In Guangdong, a promotional campaign is underway to boost consumption, offering vouchers and discounts to encourage spending [10] Group 4: Supply and Pricing Stability - The supply of essential goods is abundant, with stable prices reported across major markets as the festival approaches [12][16] - Recent data indicates an increase in inventory levels for meat, oil, vegetables, eggs, and grains compared to early January [16] - Efficient logistics systems are in place to ensure smooth distribution of agricultural products, with measures taken to maintain price stability [18]

【行情分析】： 农产品早报 研究中心农产品团队 2026/02/09 玉米/淀粉 玉米 淀粉 日期 长春 锦州 潍坊 蛇口 基差 贸易利润 进口盈亏 黑龙江 潍坊 基差 加工利润 2026/02/02 2180 2280 2300 2420 19 10 294 2750 2820 182 -78 2026/02/03 2180 2270 2288 2410 3 10 295 2750 2820 186 -70 2026/02/04 2180 2270 2288 2410 7 10 289 2750 2820 185 -83 2026/02/05 2180 2280 2288 2410 16 0 288 2750 2820 178 -83 2026/02/06 2180 2280 2288 2410 6 10 272 2750 2820 155 -83 变化 0 0 0 0 -10 10 -16 0 0 -23 0 玉米：临近春节假期，市场成交逐步转淡，贸易行为预计在下周逐步结束。短期看，市场流通粮源逐步减少的情况下，下游节前补库将继续对 玉米价格形成支撑，预计节前现货难有大涨大跌行情出现，价格震荡运行。中长期 ...

热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 油脂油料：国内供应宽松 油粕外强内弱 （侯雪玲，从业资格号：F3048706；交易咨询资格号：Z0013637） 本周油粕价格冲高回落。贵金属高位回落，引发资金集体抛售，油脂油料价格因此回落。直至下半周， 油脂油料价格企稳。国际油脂油料偏强，CBOT大豆涨至近两个月高点。 国内：玉米春节前震荡区间收窄。本周玉米近月2603合约持仓下降，5月合约持仓小幅增加，3月向5月 合约的持仓转移较为有限，春节前资金离场迹象明显。东北玉米购销活跃度下降，深加工补库也基本接 近尾声，部分烘干塔也已停收，现价格下东北产区贸易商多观望。华北地区玉米价格各市场主体之间有 所不同。山东、河北深加工企业价格基本维持稳定，保持区间内窄幅调整，价格有涨有跌，变动幅度有 限。基层农户售粮节奏依然维持相对平均的状态，部分地区反馈农户售粮甚至有所减少，粮点收购意愿 增强，市场价格有所提升，普遍较上周上涨10-30元/吨。河南个别地区受深加工企业价格下跌影响，基 层价格窄幅下调。销区市场玉米价格继续稳定运行，购销活动因临近春节而趋于清淡 。春节假期前， 价格将维持窄幅震荡的格局，出 ...

Core Insights - During the "14th Five-Year Plan" period, Shaanxi has achieved significant results in enhancing export quality and expanding imports, with exports expected to grow by 22% and imports by 11.2% by 2025, both surpassing national averages [1][2] Export Performance - Shaanxi's exports are heavily dominated by electromechanical products, which account for nearly 90% of total exports and about 70% of total imports, highlighting their critical role in stabilizing foreign trade [1] - The export of "new three items" (electric vehicles, etc.) is a major highlight, with expected exports of 54.79 billion yuan by 2025, representing a 30.4% increase and 2.4 times the value in 2020 [1] - Electric vehicle exports surged from 24 million yuan in 2020 to 33.09 billion yuan by 2025, ranking first in the western region and sixth nationally [1] Import Dynamics - Shaanxi's imports are characterized by advanced and high-quality products, with integrated circuits, semiconductor manufacturing equipment, and automatic data processing equipment consistently ranking as the top three imported goods [2] - By 2025, imports of integrated circuits are projected to reach 72.68 billion yuan, maintaining an annual import value of around 80 billion yuan, which constitutes over 60% of total imports [2] - Significant imports also include 14.04 million tons of iron ore, 5.26 million tons of coal, and 1.421 million tons of crude oil, indicating a strong focus on advanced technology and energy resources to support industrial transformation [2] Trade Diversification - By 2025, the share of Shaanxi's trade with ASEAN countries is expected to rise to 16.2%, while trade with Belt and Road Initiative countries will account for 54.3% of total trade [2] - Notable new exports include Fuping persimmons to the United States, Shangluo strawberries to Singapore, and Shaanxi lamb to Hong Kong, showcasing the diversification of trade partners and products [2] - The evolving trade structure reflects Shaanxi's commitment to deepening economic cooperation and promoting reform through openness [2]