Core Insights - Alibaba's Taobao Flash Sale and Ele.me are launching an in-store merchant group buying business, initially focusing on food and beverage offerings [1] - The pilot program for the group buying service will start on September 20 in key business districts of Shanghai, Shenzhen, and Jiaxing, with plans to expand to major first- and second-tier cities nationwide [1] - The group buying service will feature a unified supply from Taobao Flash Sale and Ele.me, accessible through Taobao, Alipay, and Gaode, which are Alibaba's major traffic platforms [1] Group Buying Business Details - The first batch of group buying categories includes high-frequency consumer items such as beverages, Chinese cuisine, pastries, fast food, and local snacks [1] - Notable brands participating in the initial launch include national chains like Nayuki Tea, Zunbao Pizza, and Tao Tao Ju, as well as local brands like Xunxiangji and Xuji Seafood [1] - The team responsible for the in-store group buying business is primarily based at Ele.me, consisting of several hundred members [1] Strategic Moves by Alibaba - On September 10, Alibaba's Gaode launched the world's first travel behavior-based ranking product, Gaode Street Ranking, indicating a strategic push into the in-store business [1] - This initiative aims to reshape the evaluation system for offline services, positioning Gaode, which has 170 million daily active users, as a super entry point for lifestyle services [1] - Alibaba is intensifying its focus on in-store business development, reflecting a broader strategy to enhance its service offerings in the offline market [1]

据澎湃新闻19日报道，知名连锁餐饮品牌云海肴联合创始人、董事长赵晗因突发心梗，经医治无效在9月18日于昆明同仁 医院病逝，年仅40岁。 来源： 澎湃新闻、 长安街知事、 公开资料 赵晗致力于传承云南美食文化，推动云南食材产业发展，曾获"兴滇人才奖"等荣誉。 2025年2月，有媒体报道，云海肴董事会发生调整，赵晗不再担任董事长及其他职务，朱海琴出任董事长兼CEO，全面负 责公司决策和管理。 9月19日下午，知名云南菜品牌"云海肴" 微博发文 ： 长安街知事从昆明市殡仪馆处获悉，赵晗的遗体告别仪式定于9月20日11时在昆明市殡仪馆"慎远厅"举行。工作人员表 示，预计明天上午会有很多人来参加仪式。 公开资料显示，赵晗出生于1985年7月，云南昆明人，中国人民大学国学院首届毕业生。2009年，赵晗与堂哥吕志韬、好 友朱海琴等共同创立云海肴，立志将云南菜带出云南，发展为全国知名的餐饮品牌。 责编：杨喻程 校 对：刘榕枝 百万用户都在看 刚刚，集体爆发！外围重磅，突然刷屏！ 午后！A股，突然异动！什么情况？ 刚刚，突然暴涨！重磅利好来袭！ 利好来袭！人工智能，突传重磅！ 违法和不良信息举报电话：0755-83514034 ...

Group 1 - GE Healthcare Technologies (GEHC.US) is exploring various options, including the potential sale of its Chinese subsidiary, with valuations possibly reaching several billion dollars [1] - The company is working with advisors to assess the prospects of its business in China, although no final decisions on timing or scale have been made [1] - Other multinational companies, such as Starbucks (SBUX.US) and General Mills (GIS.US) with Häagen-Dazs, are also considering divesting their operations in China due to intense local competition [1] Group 2 - General Electric (GE) divested its medical equipment business in 2023, and GE Healthcare's stock has decreased by 2% this year, with a current valuation of approximately $35 billion [2] - GE Healthcare's product offerings include imaging scans, ultrasound, patient care solutions, and pharmaceutical imaging agents [2] - China is GE Healthcare's second-largest market, employing around 7,000 people, with projected revenues of $2.4 billion for 2024, reflecting a 15% decline from the previous year [2]

每经记者｜陈晴 每经编辑｜程鹏 张喜威 王晓波 ~~~文末有福利~~~ 标题点睛： 9月16日，有消息称，在长春航展现场两架小鹏汇天eVTOL（电动垂直起降器）相撞后坠机。对此，小鹏汇天方面回应称："9月16日下午，广东汇天通航 在长春航展预演结束后，参与双机编队演练的两架飞行器因飞行间距不足发生接触。 1 隔夜市场 美股三大指数集体收跌，道指跌0.27%，标普500指数跌0.13%，纳斯达克综合指数跌0.07%；大型科技股涨跌互现，特斯拉涨超2%，甲骨文涨超1%，微 软、英伟达跌超1%。中概股多数上涨，纳斯达克中国金龙指数涨1.76%，创下自2022年2月以来新高；蔚来涨超8%，百度涨超7%，京东、爱奇艺涨超 3%，阿里巴巴涨超2%。 国际贵金属期货收盘涨跌不一，COMEX黄金期货涨0.23%，报3727.5美元/盎司；COMEX白银期货跌0.19%，报42.88美元/盎司。 国际油价强势上扬，美油主力合约收涨1.97%，报64.55美元/桶；布伦特原油主力合约涨1.59%，报68.51美元/桶。 欧洲三大股指收盘全线下跌，德国DAX指数跌1.77%报23329.24点，法国CAC40指数跌1%报7818. ...

Group 1 - The State Administration of Foreign Exchange allows foreign investors to reinvest foreign exchange profits generated in China, facilitating capital inflow and investment [2] - Nvidia is under further investigation by the State Administration for Market Regulation for violating antitrust laws related to its acquisition of Mellanox Technologies [3] - The Ministry of Commerce opposes the U.S. request for G7 and NATO members to impose tariffs on China based on its imports of Russian oil, labeling it as unilateral bullying and economic coercion [5] Group 2 - The Financial Regulatory Bureau, People's Bank of China, and China Securities Regulatory Commission launched a financial education campaign aimed at enhancing public understanding of financial rights and services [6] - The State Council emphasizes the need for online travel platforms to strengthen personal information protection and ensure compliance with regulations to safeguard consumer rights [8] - The Beijing Market Supervision Administration is investigating the ongoing controversy surrounding the pre-made dishes of the restaurant chain Xibei [9] Group 3 - CATL's sodium-ion battery has become the first in the world to pass the new national standard certification [11] - Longxin Technology has completed the development of its first GPGPU chip, expected to be delivered within the third quarter [13] - Kanglong Chemical's subsidiary has successfully passed an FDA inspection [14] - Shandong Push's application for H-share issuance has been accepted by the China Securities Regulatory Commission [20]

Core Viewpoint - The Beijing Municipal Market Supervision Administration is monitoring the ongoing controversy surrounding Xibei's prepared dishes and is further investigating the related situation [1] Group 1 - The controversy regarding Xibei's prepared dishes has been escalating recently [1] - The parent company of the Xibei restaurant chain is Inner Mongolia Xibei Catering Group Co., Ltd., with Beijing Xibei Enterprise Management Co., Ltd. as its largest shareholder [1]

Summary of Key Points from Conference Call Records Industry Overview Baijiu Industry - The baijiu sector has reached a bottom in fundamentals, with valuations at low levels and market expectations recovering. Demand-side pressures are dissipating, and seasonal catalysts are expected to boost interest in brands like Luzhou Laojiao and Zhenjiu Shede for short-term opportunities, while Moutai, Fenjiu, and Gujing Gongjiu are recommended for long-term investment [1][2][4] Beverage and Snack Industry - The beverage sector is favorable for leading companies such as Nongfu Spring and Dongpeng Beverage, while the snack sector shows good alignment between valuation and growth potential. Key products to watch for Q4 catalysts include Weijia and Yanjinpuzi, with Yili identified as a bottom-value recovery company [1][5] Whisky Industry - In 2024, whisky imports are expected to decline by approximately 40%, with high-aged whisky's share also decreasing. Instant consumption channels now account for over 30% of sales, with dining and home consumption being the primary scenarios [3][13] Beer Industry - Both Yanjing Beer and Zhujiang Beer have seen their valuations drop to attractive levels, with Yanjing at 23-24 times earnings and Zhujiang at 21 times, both reflecting 2025 valuation levels. These companies are noted for their growth potential driven by flagship products [19] Company-Specific Insights Zhenjiu Lid - Zhenjiu Lid has launched an equity payment plan to bind the interests of alliance merchants, with the first quarter's alliance contributing approximately 320 million yuan in revenue. The acupuncture business is projected to account for 5% of the company's total revenue in 2024 [6][8][7] Baijun Co., Ltd. - Baijun's major shareholder transferred 6% of shares to Homa's Liu Jianbo, which is expected to empower Baijun in business expansion and overseas market development. The shareholding structure remains stable, providing opportunities for deeper collaboration [12] Restaurant Chain Industry - The restaurant chain sector has shown signs of recovery since Q2 2025, with stable performance from leading companies like Lihua Bao and Baba Foods. The frozen food leader Anjins has also shown significant improvement in revenue [10][11] Zhujiang Beer - Zhujiang Beer is focusing on expanding its market share through its flagship product, Pure Draft 97, while also launching new products to maintain competitiveness. The company is developing its "15th Five-Year Plan" for future growth [15][17][18] H&H International Holdings - H&H International expects high single-digit revenue growth for the year, with EBITDA margins around 15%. The health supplement business is performing well, while the milk powder segment anticipates low double-digit growth [20] Jianhe Health - Jianhe Health's fundamentals are improving, driven by new consumer customer acquisition in China and profitability improvements in its overseas subsidiaries. The company is expected to see good performance in Q3 due to new orders [21][22] Additional Insights - The baijiu sector is currently viewed as a mid-to-long-term value investment opportunity, with market expectations warming up as demand-side pressures ease [2] - The innovative model of the Wan Shang Alliance is expected to have a significant impact on the company's financials, with a focus on long-term development and binding interests with distributors [9]

重要的消息有哪些 国家外汇管理局发布关于深化跨境投融资外汇管理改革有关事宜的通知，其中指出，允许外商直接投资 项下外汇利润境内再投资。外商投资企业境内合法产生的外汇形式利润、境外投资者合法取得的外汇利 润开展境内再投资，相关外汇资金可以划入被投资企业的资本金账户或股权出让方的资本项目结算账 户，资金使用按照相关账户管理要求办理。 国家外汇局：允许外商直接投资项下外汇利润境内再投资 英伟达违反反垄断法市场监管总局依法决定实施进一步调查 近日，经初步调查，英伟达公司违反《中华人民共和国反垄断法》和《市场监管总局关于附加限制性条 件批准英伟达公司收购迈络思科技有限公司股权案反垄断审查决定的公告》，市场监管总局依法决定对 其实施进一步调查。 外交部回应美国要求北约对华加税 15日，外交部发言人林剑主持例行记者会。有记者问，近日美方以中国进口俄罗斯石油为由，要求七国 集团和北约成员国集体对华加征关税，推动中方在结束俄乌冲突上发挥作用，请问中方对此有何评论？ 林剑表示，美方的做法是典型的单边霸凌。中方在乌克兰危机上的立场是一贯的，明确的。对话谈判是 解决乌克兰危机的唯一可行出路。从危机爆发第一天起，中方就秉持客观公正立场 ...

Core Viewpoint - The ongoing dispute between Luo Yonghao and Xibei has escalated, with Luo deciding to abandon legal action against Xibei's CEO, Jia Guolong, despite previous intentions to pursue a defamation lawsuit. This decision is influenced by a desire to avoid unnecessary conflict and focus on addressing actual issues within the company [6][7]. Group 1: Company Actions and Responses - Xibei's parent company, Inner Mongolia Xibei Catering Group Co., Ltd., has been under scrutiny from the Beijing Market Supervision Administration regarding the situation [1]. - Xibei issued an apology letter on September 15, which was later modified to include quotation marks around the word "abuse," indicating a lack of sincerity in the apology [11]. - Luo Yonghao has publicly committed to monitoring Xibei's promised reforms, which are expected to be completed by October 1 [8]. Group 2: Legal and Consumer Rights - Luo Yonghao has decided to forgo legal action against Jia Guolong unless further defamatory statements are made, indicating a shift in focus from personal grievances to broader consumer rights issues [7]. - Luo has offered to assist consumers who wish to pursue collective legal action against Xibei for allegedly misleading practices regarding pre-prepared dishes, providing a contact for legal support [8]. Group 3: Industry Standards and Consumer Awareness - Luo Yonghao advocates for transparency in the use of pre-prepared dishes in the restaurant industry, emphasizing the need for consumer awareness regarding the nature of the food being served [8]. - The National Health Commission has reportedly passed a draft national standard for the safety of pre-prepared foods, which Luo is eager to see implemented [8].

Core Viewpoint - The article discusses the recent developments between Luo Yonghao and Xibei, highlighting Luo's decision to abandon legal action against Xibei despite previous intentions to pursue a defamation lawsuit [2][6][7]. Summary by Sections Luo Yonghao's Statements - Luo Yonghao expressed disappointment that Xibei's official apology did not include a personal apology to him, and he criticized the company's owner, Jia Guolong, for not addressing the allegations of defamation [6][7]. - He reflected on the foolishness of prioritizing personal pride over business integrity, especially in light of Jia's stubbornness that could jeopardize the company and its employees [7]. Decisions Made by Luo Yonghao - Luo decided to abandon the planned legal action against Jia Guolong unless further defamatory statements are made [7]. - He also chose not to reward Jia Guolong with a cash prize for exposing Xibei's practices, recognizing it as an act of spite rather than constructive criticism [7]. - Luo committed to providing legal assistance to consumers who wish to pursue collective action against Xibei for misleading practices regarding pre-prepared dishes [7][8]. Xibei's Response - Xibei issued an apology acknowledging the gap between their production practices and customer expectations, promising to rectify the situation by October 1 [12][13]. - The initial apology was quickly retracted and revised, indicating a sensitive public relations situation [13]. Industry Context - Luo emphasized the importance of consumer rights, particularly the right to know about the use of pre-prepared ingredients in restaurant dishes, and expressed support for upcoming national standards on food safety for pre-prepared dishes [8][10].