Group 1: Technology's Influence on Society - The emergence of technology as a powerful force is reshaping individual lives and societal structures, creating a new order [7][10] - The mobile internet era began with the launch of the first iPhone in 2007, fundamentally changing how humans interact with information and each other [5][6] - Technology is no longer subservient to religion or politics; it has become the source of a new order that influences future living conditions [10] Group 2: The Role of Tech Leaders - Tech leaders are increasingly seen as modern-day prophets, creating a belief system around their products and visions, akin to a religion [11][12] - Steve Jobs is highlighted as a pioneer in this transformation, marketing technology as a means of changing the world rather than just a tool [12][13] - Elon Musk exemplifies the merging of technology and political narrative, positioning himself as a savior figure through his various ventures [18] Group 3: Political Implications of Technology - The authority of governments over currency issuance is being challenged by tech initiatives like Meta's Libra and Sam Altman's Worldcoin, which propose alternative systems [14][16][17] - The collaboration between tech leaders and political figures, such as Trump and Musk, signifies a new era where technology and politics intertwine to address societal issues [19][20] - Musk's influence extends to significant political matters, raising concerns about the legitimacy and accountability of tech leaders in political roles [21]

作者： 分析师 孙潇雅 SAC执业证书编号：S1110520080009 分析师 谢坤 SAC执业证书编号：S1110524120002 1 行业评级： 上次评级： 强于大市 强于大市 维持 （ 评级） 证券研究报告 2025年06月16日 行业报告： 行业深度研究 汽车 从苹果复盘再谈理想：是智能机，而非家电 请务必阅读正文之后的信息披露和免责申明 摘要 复盘苹果：iPhone1-4重塑智能手机标准，建立硬件+服务+生态的复合盈利体系。 iPhone1定义了智能手机，而从iPhone1到iPhone4，则通过在交互逻辑、功能集成、产品设计、软件生态四个维度均实现了根本性改变， 从产品、生态、芯片三端发力升级实现苹果护城河构建，建立硬件+服务+生态的复合盈利体系。 2024 年收入构成中，iPhone 产品占比高达 51.45%；服务收入占比 24.59%，接近iPhone产品收入一半水平，但毛利率高达 73.9%，从毛利 占比来看，服务已达约40%。 理想汽车：从增程到纯电再到All in AI，护城河逐步完善。 类似于苹果首次定义了智能手机，理想one重新定义了家用SUV。从理想ONE到热销的L系列，公司 ...

正值"618"，想要"'618'补贴和国补同时享受"的消费者却发现，没那么容易了。 北京大学生杨晗想要购入一把人体工学椅，打开电商平台却发现想要的款式并不适用于北京国补（国家 补贴）政策。这时，商家给了一个解决办法，"先把商品寄往可以用国补的地址，再免费转运到北京"。 杨晗搜索社交媒体平台发现，想要"'618'补贴和国补同时享受"的消费者，已经结交了来自全国各地的 好朋友。"买个烘干箱得写个浙江好朋友的地址，再转寄回北京""买个耳机，广东网友500多元下单，我 这里需要799元，赶紧摇人"…… 国家消费品以旧换新补贴政策（简称"国补"），是国家财政部门对特定产业、消费行为实施的财政支持 政策。今年国补政策扩容，消费电子首次纳入补贴，家电补贴品类更为广泛，同时还发展到家居家装领 域。由于各省国补政策具有差异化，众多消费者如同"狩猎"一般，蹲守在网上，共享各地国补信息和产 品，以"转运""转寄"等方式购入优惠产品。 不过，近期部分省市的补贴额度悄然告急，国补政策来到了"换挡期"，多地公开回应第一批资金用完， 第二批资金已在拨付途中，正在研究后续政策。华西证券数据显示，截至5月底全国已消耗补贴资金超 1500亿元， ...

证 券 研 究 报 告 化工行业新材料周报（20250609-20250615） 本周新材料价格上涨靠前品种：SAF 欧洲、缬氨 推荐（维持） 酸、电子级氧气 行业研究 基础化工 2025 年 06 月 16 日 华创证券研究所 证券分析师：杨晖 邮箱：yanghui@hcyjs.com 执业编号：S0360522050001 证券分析师：郑轶 邮箱：zhengyi@hcyjs.com 执业编号：S0360522100004 证券分析师：王鲜俐 邮箱：wangxianli@hcyjs.com 执业编号：S0360522080004 证券分析师：吴宇 邮箱：wuyu1@hcyjs.com 执业编号：S0360524010002 证券分析师：申起昊 邮箱：shenqihao@hcyjs.com 执业编号：S0360525030001 联系人：陈俊新 邮箱：chenjunxin@hcyjs.com 行业基本数据 | | | 占比% | | --- | --- | --- | | 股票家数(只) | 486 | 0.06 | | 总市值(亿元) | 42,655.61 | 4.31 | | 流通市值(亿元) | 37 ...

Group 1 - Douyin has responded to the issue regarding the "shoulder pole girl" account, stating that it has disposed of 26 impersonating accounts to protect the rights of the individual involved [1] - The platform took action on June 13, 2023, to prevent unauthorized accounts from infringing on the rights of the real individual while confirming the account situation [1] - Douyin will continue to monitor and intercept related impersonation activities [1] Group 2 - Xiaomi responded to reports of a university in Shandong banning Redmi phones for exams, clarifying that the ban was not a school requirement but rather a request from the technology support company [2][4] - Xiaomi's public relations manager emphasized that the Redmi brand has evolved and is no longer just a budget phone, with models like the K series being high-performance devices suitable for online exams [4] Group 3 - Transsion Holdings has reportedly established a mobility division to explore the two-wheeled electric vehicle market, focusing on rapid deployment in Africa and other developing countries [5] - The company is currently hiring for multiple positions related to this new business venture [5] Group 4 - The sales of Nezha-related derivatives are expected to exceed 100 billion, with total sales potentially surpassing 1 trillion [8] - The chairman of Light Media indicated that the market for authorized products related to Nezha has seen significant revenue growth [8] Group 5 - The total volume of postal delivery services in China reached 861.8 billion pieces in the first five months of the year, with revenue of 718.73 billion yuan [28] - The express delivery business accounted for 787.7 billion pieces and generated 592.46 billion yuan in revenue during the same period [28] Group 6 - In May, the total retail sales of consumer goods in China amounted to 41,326 billion yuan, reflecting a year-on-year growth of 6.4% [29] - Excluding automobiles, the retail sales of consumer goods reached 37,316 billion yuan, with a growth rate of 7.0% [29]

Core Viewpoint - The recent hands-on event for "Valorant: Source Action" showcased the OnePlus Ace 5 Supreme Edition as a high-performance gaming device, emphasizing its capabilities in delivering a competitive mobile gaming experience [1] Group 1: Product Performance - The OnePlus Ace 5 Supreme Edition features the "eSports Triple Core" system, which includes performance, touch, and network cores, enhancing stability, precision, and speed in gameplay [1] - During practical tests, the device maintained a frame rate of 119 FPS under high-quality settings, demonstrating minimal fluctuations and ensuring smooth gameplay without lag [3] - The device's "Lingxi Touch Core" supports a touch sampling rate of up to 3000Hz, resulting in highly responsive touch controls, allowing for precise shooting and quick reactions in competitive scenarios [3] Group 2: Connectivity and Thermal Management - The OnePlus Ace 5 Supreme Edition is equipped with the eSports Wi-Fi chip G1, which improves communication range and wall penetration, ensuring stable connections even in weak network environments [5] - The device features an "Ice River Cooling System" that effectively manages heat, maintaining a stable temperature during intense gaming sessions, with only slight warmth after prolonged use [5] Group 3: Battery and Pricing - The device is powered by a 6700mAh battery and supports 100W super flash charging, allowing for extended gaming sessions without interruptions [5] - Pricing for the OnePlus Ace 5 Supreme Edition varies by configuration, with discounts applied: the 12GB+256GB version is priced at 2124.15 yuan, the 16GB+256GB version at 2379.15 yuan, and so on, with the highest configuration (16GB+1TB) priced at 3299 yuan after discounts [7]

上海一芯片团队突发重大裁员，赔偿N+3且当天离职 6月14日消息，据媒体报道，TP-Link外销主体联洲国际位于上海张江的WiFi芯片部门突然宣布重大裁员 计划。内部员工透露，此次裁员过程极为迅速，从通知员工到完成离职手续，仅仅用了半天时间。不过， 公司给出的补偿方案较为优厚，按照N+3的标准进行赔偿，远高于法定的N+1标准，这在当下裁员潮中算 是一股"清流"。 在全员大会上，管理层明确表示，WiFi芯片团队将仅保留少数成员，算法、验证、设计等核心岗位的大批 员工受到波及。业内人士分析指出，此次联洲国际主要是放弃WiFi前端模块（FEM）研发线，并非全面退 出WiFi芯片领域。FEM研发投资的减少，可能与WiFi 7芯片量产进度以及成本控制等因素密切相关。随着 WiFi 7技术的不断推进，市场竞争愈发激烈，企业需要在研发方向和成本控制上做出更精准的决策。 资料显示，TP-Link作为全球知名的网络设备制造商，其路由器和交换机等产品在全球市场上占据着举足 轻重的地位。尤其是在路由器市场，TP-Link曾一度占据全球45%的市场份额，甚至超越了全球知名的思 科（Cisco），成为全球市场的霸主。（快科技） 国内资 ...

2025/0609 * 117 2025/0615 電报 深交所原理事长 陈东征逝世 丸堂深交所13载 ·国有四大行浙江省分行原行长退休后均被查： 卸任不是避风港 【头条】 深交所原理事长陈东征逝世，曾执掌深交所13载 · 影石刘靖康谈上市: 从开荒者到守擂者,如何长久留在牌桌? 同音 · 格力上新两项压缩机国际标准,董明珠: 将为世界提供新标准 类注 聚 H 灯 · 华为Pura 80系列发布,余承东称之为"光影之王" ……… 临省 ……… ·被罚7700万! 操纵多只股票价格,知名牛散屠文斌领罚单 …………… 公章 动向 ………… · 招商银行30年"老将"履新副行长! 投行与风控经验丰富 · 换帅!华福证券董事长苏军良任兴业证券党委书记 ·深天马: 彭旭辉辞任董事长职务,"80后"原总经理成为接棒 · 洋河再现高层人事变动, 杨卫国辞去董事职务,系提前离任 ·身兼数职! 58岁李亚光广州农商行首席信息官任职资格获批 对话 ·对话够更能源研红新· 6月11日，当上市的钟声在科创板敲响，影石创新（Insta360）这家成长于深圳的智能影像公司，迎来了 属于它的高光时刻——开盘大涨近三倍，市值一度冲破700亿 ...

一张图，让华为和五百强的粉丝和黑粉都给干沉默了。这两个聊了什么呢？ 第一个最扯淡的就是，别人说老板要挖徐直军这件事。 我可以这么说，以余承东的才华，以余承东过去的战绩，他可以再造一个五百强。但是把老板扔到华为，估计是当不上业务集团的董事长的。不是说没有能 力，而是能力的维度可能和华为企业文化不搭。 至于很多人说老板是老板，余承东是个打工仔。这种说法其实特别扯淡，我开一个破公司，我也是老板，难道我就能说余承东不配和我相提并论了嘛？更有 甚者，有些博主一本正经地在那扯淡，说老板的公司市值万亿，如果华为能上市的话，基本能达到五千亿。这种博主不是蠢就是坏，但凡有点智商都不至于 估出五千亿这个数字。他说白了，就是希望通过贬低华为来抬高某些人。 所以，经过这样的分析，余承东所负责的业务板块，基本覆盖了五百强的核心业务。也就是说，余承东其实就可以对标老板。而徐直军是核心决策层，是三 人轮值董事长之一，其他是胡厚崑和孟晚舟。在当轮值董事长期间就是华为最高负责人，这时候余承东就是需要向徐直军和董事会汇报，所以徐直军比余承 东至少高一个层级。 虽然说老板是老板，但是你把五百强扔到华为里面，它撑死算是一个事业部或者业务集团。就是消 ...

Group 1 - The "Su Super" league has gained significant sponsorship interest, with major companies like JD.com and Yili partnering with the league, indicating its rising popularity in the sponsorship market [1][2] - As of June 13, the number of official strategic partners increased from 1 to 7, with new additions including JD.com and Li Auto, while official sponsors grew from 1 to 5, adding companies like Nubia and Yili [2] - The influx of sponsors is expected to keep ticket prices affordable, encouraging more fan participation, which is crucial for the league's future development [2] Group 2 - The sponsorship categories for "Su Super" include a total of five types: one title sponsor (Jiangsu Bank), one official strategic partner (Guoyuan V3), one official partner (KELME), one official sponsor (Kangshifu's bottled water), and two official suppliers (Zijin Insurance and Gatorade) [1] - The sponsorship landscape reflects the league's growing appeal, as evidenced by the increase in both the number of sponsors and the diversity of companies involved [2]