*此图由AI生成，非现场图 作者| 史大郎&猫哥 来源| 是史大郎&大猫财经Pro 又一"固收类产品"暴雷了。 举个例子。 "盛磊绍兴"金融资产收益权，4.6%的年化收益，挂牌机构是盛磊绍兴，保证人/增信人是祥源控股和俞 发祥，债务人是岳阳祥源，底层资产是岳阳祥源对保理公司的应收账款。 这是啥操作呢？三方都是自己人，"自己欠自己的钱，创造出金融产品"，一旦形成资金池，钱的去向就 很难把控了。 而卖理财的浙金中心，本身是一个"金交所"，也就是10年左右，主要卖固收理财，它的简介说，"成立 至今未出现产品兑付问题"。 最近，浙江金融资产交易中心陆续有投资者上门，11月底应该到期的理财，无法提现，基本上是暴雷 了。 20万起投，还要验资50万，但是收益率只有4-5%，目前统计的规模大约在140亿左右，也有数字说，超 过200亿。 这些产品的融资方和担保人，都指向了祥源控股以及浙商大佬俞发祥，大部分产品，都流向了祥源的地 产业务。 为啥暴雷呢？可能和以往的金交所产品类似。 当然了，大规模的开发，也是需要钱的，它的融资成本可一点也不低。 为啥"4-5%的固收"会暴雷呢？ 后来，国企大股东抽身，民企接盘，跟祥源的关系也非 ...

日前，由人民网主办的"2025国民消费大会"在北京举行。大会现场举行了"2025国民消费创新案例"年度榜单颁奖仪式。本次榜单从全国近300个报名征集案 例中，挑选出了73个具有代表性，涵盖消费全产业链创新实践以及为行业提供可借鉴的优秀示范样本。 南方+记者 陈斐仪 连续三年获评国家级消费创新案例，既是对汕头文旅发展路径的充分肯定，也是对"以文塑旅、以旅彰文"实践成效的高度认可。汕头将继续深耕潮汕文化底 蕴，融合当代时尚表达，持续激发文旅消费潜力，推动城市品牌向更高质量迈进。 其中，由汕头市文化广电旅游体育局推荐报送的《"潮·湃"文旅时尚周全域联动构建多元消费场景》案例入选。这是汕头文旅实践案例继2023、2024年之后 再次登上该榜单，彰显了汕头在文旅融合与消费创新领域的持续影响力与示范价值。 and and A 988 C . A BOLL COLL 8 酒用 今年暑假，"潮·湃"汕头文旅时尚周以"传统与时尚共生、文旅与产业共融"为理念，打造了一场覆盖全城的文旅消费盛宴。活动不仅将英歌舞、潮绣、嵌瓷 等非遗元素创新融入时尚展演，更通过"主会场+分会场"联动机制，在全市范围内构建了茶宴空间、全民音乐会、非遗市 ...

证券日报网讯 12月9日，奥雅股份在互动平台回答投资者提问时表示，在国家数字经济政策引领下，公 司2022年对原广东浮法玻璃厂原料筒仓全面改造，打造成全新的数字艺术展馆、元宇宙体验中心，以其 前卫的概念、极具创意的数字艺术内容、全方位的沉浸感为观众带来新体验，展现数字艺术魅力，也为 元宇宙推动文旅产业发展提供新场景、新思路。公司以"IP+AI＋数字艺术"赋能亲子文旅和乡村振兴等 场景，提升沉浸感和交互性，重构虚实共生空间。 （编辑 姚尧） ...

Core Viewpoint - The opening of the Guang-Zhan high-speed railway marks a significant opportunity for Maoming to enhance its urban capabilities and reshape its development pattern, integrating into the Guangdong-Hong Kong-Macao Greater Bay Area's "one-hour living circle" [1] Group 1: Transportation and Connectivity - The completion of the Guang-Zhan high-speed railway will reduce travel time from Maoming to Guangzhou to approximately 70 minutes, facilitating deeper integration with the Greater Bay Area [1] - Maoming's transportation network has undergone significant improvements, creating a multi-dimensional traffic pattern that enhances internal circulation and external connectivity [5][6] - The establishment of a high-efficiency transportation logistics hub is essential for regional linkage, with ongoing projects to improve road networks and port facilities [5][6] Group 2: Urban Development Strategy - Maoming is positioned to transition from a "transportation corridor" to a "comprehensive hub," driven by profound changes in transportation, location, and industrial layout [3] - The city aims to construct three major hubs: transportation logistics, industry, and information, to promote efficient resource flow and regional collaboration [4][8] - The city's strategic location allows it to serve as a critical link for the expansion of the Greater Bay Area and the integration with the Hainan Free Trade Port [2][12] Group 3: Industrial Growth and Diversification - Maoming is diversifying its industrial base beyond the petrochemical sector, focusing on new materials and zero-carbon industries to enhance its economic strength [7] - The city is also developing its tourism sector, aiming to transform from an industrial hub to a cultural and tourism center, with several major projects underway [7] - The construction of a high-level industrial hub is crucial for attracting upstream and downstream industries, thereby enhancing regional industrial synergy [7] Group 4: Information and Digital Economy - The development of a high-integration information hub is a forward-looking initiative, focusing on digital economy growth and data resource integration [8] - Key projects, such as the establishment of a 5G edge computing center, are set to support the digital transformation of regional industries [8] Group 5: Regional Integration and Collaboration - Maoming is actively seeking to expand its integration with the Greater Bay Area by identifying collaborative opportunities in various sectors, including finance, tourism, and logistics [10][12] - The city is leveraging its agricultural products to enhance market access to the Greater Bay Area, aiming to become a key supplier of quality produce [10] - Collaborative efforts with neighboring regions, such as Guangxi and Hainan, are being pursued to strengthen service capabilities and resource sharing [12][13]

最近很多企业面临巨大的资金/债务兑付危机，特别是高杠杆的企业，哪怕是上市公司，面临的地产经济不景气，一旦兑付不了，就容易爆雷！ 原来的地产大佬：万科，原定于12月15日到期的20亿元中期票据展期方案，计划将兑付推迟至2026年12月。简单来说，就是万科没钱还了，要拖一年时间 了！ 万科的大股东：深地铁，挤牙膏式的200亿，已经为万科续命了几年，现在也无能为力，表示：把万科交给市场，爱咋滴就咋的。 现在又有 浙江金融资产交易中心股份有限公司爆雷， 违约产品的增信主体均为"祥源控股及其实控人俞发祥"，底层资产多投向祥源控股的地产项目！ 祥源控股的实控人，今年54岁的俞发祥，自地产行业起家。1992年，海南房地产行业爆发，俞发祥抓住机会南下海南，成立了祥源控股前身伟翔装饰，后在 海口、深圳、绍兴等地开发建设了多个房地产项目。2008年后，俞发祥又开始涉足文旅行业，目前共投资布局了50余个文旅项目。在2025年胡润百富榜中， 俞发祥以145亿元身价登上榜单第465位。 此次俞发祥与祥源控股陷入兑付危机，源于地产业务拖累。据媒体报道，祥源控股执行总裁沈保山在浙金中心回答投资者疑问时表示，"目前集团资产600多 亿元，负 ...

Core Insights - The overall economic operation in China is stable and improving, with manufacturing playing a crucial role, maintaining a tax revenue share of around 30% [2][3] - High-tech industries have shown significant growth, with sales revenue increasing by 14.7% year-on-year, particularly in smart equipment manufacturing, which grew by 28.2% [2][3] Group 1: Manufacturing Sector Performance - High-tech industries are experiencing rapid growth, with high-tech service revenue up by 17.2% and high-tech manufacturing revenue up by 11.1% [4] - The manufacturing sector is undergoing a transformation towards high-end, intelligent, and green development, with equipment manufacturing sales up by 8.3% and automation equipment purchases up by 14.2% [3][4] - Traditional industries are also enhancing their quality, with R&D investment from key tax source enterprises increasing by 12.3% [4] Group 2: Consumer Market Dynamics - Consumption is being stimulated by policies such as the trade-in program, with retail sales in mobile communication devices and home appliances increasing by 20.3% and 26.5% respectively [5] - The tourism and cultural sectors are thriving, with sales in cultural performances and film screenings up by 15.6% and 19.1% [6] - The number of travelers benefiting from tax refunds has surged by 285%, with tax refund sales and amounts increasing by 98.8% [6][7] Group 3: Taxation and Service Reforms - Cross-regional tax service reforms have been implemented, allowing for a significant increase in the handling of cross-regional tax matters, with a nearly fourfold increase in transactions [8][9] - The proportion of inter-provincial trade sales in total national sales revenue has reached 41.1%, reflecting improved efficiency in tax services [8] - Over 7,000 domestic and foreign platforms are complying with tax information reporting obligations, leading to a 12.7% increase in tax payments [9]

Core Viewpoint - The recent credit crisis involving Xiangyuan Cultural Tourism (600576.SH) and its related companies has raised significant concerns in the capital market, leading to urgent clarifications from the companies to distance themselves from the financial products linked to their actual controller, Yu Faxiang [3][5][9]. Group 1: Company Announcements - On December 7, Xiangyuan Cultural Tourism confirmed that financial products guaranteed by its actual controller Yu Faxiang had experienced overdue payments, but stated that these products were unrelated to the company and that it bore no repayment or guarantee obligations [3][9]. - On the same day, related companies, including Jiaojian Co. (603815.SH) and Haichang Ocean Park (2255.HK), issued similar statements to clarify their positions and mitigate market concerns [5][9]. - The announcements emphasized that the companies' operations remained normal and independent, aiming to isolate the risks associated with the actual controller [9]. Group 2: Market Reaction - Following the crisis rumors, the stock prices of Xiangyuan Cultural Tourism, Jiaojian Co., and Haichang Ocean Park fell significantly, with declines of 14.23%, 16.32%, and 27.54% respectively from December 3 to December 8 [9]. - The market's reaction reflects deep concerns about the potential transmission of risks from the controlling shareholder to the listed companies [5][9]. Group 3: Financial Product Crisis - Reports indicated that overdue financial products linked to Xiangyuan Holdings had not been paid as expected, with investors estimating the total amount of unpaid funds to exceed 10 billion yuan, involving hundreds of products [7][9]. - The overdue products were primarily associated with various financial asset income rights issued by companies under Xiangyuan Holdings, indicating a broader liquidity issue within the group [6][10]. Group 4: Background of Xiangyuan Holdings - Xiangyuan Holdings, controlled by Yu Faxiang, has been involved in complex financial operations, including transferring receivables to affiliated entities to raise funds through public offerings [10][12]. - Despite a recent "AA+" credit rating from Hangzhou United Credit Rating Co., the company faces significant debt pressures and liquidity challenges, particularly in its real estate sector [13][15]. - The company's shift towards the cultural tourism sector has not compensated for the cash flow issues stemming from its real estate operations, which historically provided the bulk of its revenue [22].

Core Viewpoint - The seventh Xinhui Chenpi Cultural Festival will be held on December 12, showcasing the achievements of agricultural development in Xinhui District and promoting the integration of culture and tourism [3][5][7]. Group 1: Event Overview - The festival will take place at the Xiaoniaotian Paradise Bakin Square, coinciding with the harvest season of the Xinhui big orange [4][9]. - The event aims to display local agricultural products and craftsmanship while serving as a platform for industry connections and cultural tourism integration [6][7]. Group 2: Activities and Highlights - The festival features a series of market-oriented activities under the theme "Xinhui Chenpi, Shared by Humanity," including an opening ceremony and multiple events [10][11]. - Key activities include the unveiling of the "China Chenpi Trade Center," which aims to establish a national standardized trading hub for Chenpi [24]. - The event will also include a national channel merchant inspection and production-sales matchmaking exchange, inviting major pharmaceutical companies and large retailers to explore the entire production process of Chenpi [26][32]. Group 3: Promotion and Marketing - A month-long promotional campaign titled "Xinhui Chenpi Live E-commerce Carnival" will utilize a matrix layout of live streaming to enhance brand visibility and market share [34][36]. - The festival will integrate various local resources and e-commerce platforms to drive sales growth and promote new consumption patterns [37]. Group 4: Cultural and Ecological Integration - The festival will highlight the ecological and cultural resources of Xinhui, creating an integrated experience of agriculture, culture, and tourism [43][56]. - Activities will include food tastings, non-heritage experiences, and exhibitions showcasing the full chain of Chenpi production, from cultivation to cultural tourism [50][51].

Core Insights - Shanxi's cultural and tourism sector has seen an average annual increase in visitor spending of over 20% since the start of the 14th Five-Year Plan, driven by diverse business models and enhanced tourism infrastructure [1][3]. Group 1: Development Achievements - From 2021 to 2024, domestic tourist numbers are projected to grow by an average of 11.96% annually, with domestic tourism spending increasing by 20.41% annually [3]. - The cultural tourism and related industries' added value accounts for approximately 5% of GDP, positioning it as a new engine for the province's economic transformation [3]. - Shanxi has achieved significant recognition in cultural arts, with 34 projects winning national-level awards and 264 projects supported by the National Arts Fund [3]. Group 2: Innovation and Product Expansion - The province is promoting cross-industry integration through "Cultural Tourism+" initiatives, leading to the development of new business models and enhanced product offerings [4]. - Shanxi has established national-level night tourism consumption clusters and leisure street areas, alongside successful cultural performances like "Again Pingyao" [4]. - The province has incubated 50 cultural enterprises and over 100 research institutions, creating more than 300 original IP copyrights and developing over 3,700 products [4]. Group 3: Market Growth and Promotion - Shanxi has expanded its tourism market significantly, with the number of A-level scenic spots increasing from 237 to 462 and 5A scenic spots from 9 to 12 [5]. - The province has built a comprehensive service system with 6,947 cultural tourism businesses and 1,303 travel agencies [5]. - Innovative marketing strategies, including collaborations with new media and themed activities, have enhanced Shanxi's tourism visibility and engagement [5]. Group 4: Infrastructure and Service Improvement - Shanxi has implemented a "customer-first" approach, enhancing travel infrastructure and services, including the construction of 5,191 new or upgraded tourist restrooms [6]. - A comprehensive tourism road network has been established, covering 13,000 kilometers across key cultural sites [6]. - The province aims to solidify its reputation as a top tourist destination by focusing on safety and visitor satisfaction through various initiatives [6].

Core Insights - The event "2025 Xi'an Cultural Tourism Media Tour" emphasizes the integration of Tang poetry into the urban fabric of Xi'an, showcasing the city's cultural heritage and its modern relevance [4][8] - The initiative aims to promote Xi'an as the "City of Tang Poetry," enhancing its cultural brand through immersive experiences and multi-dimensional communication strategies [5][8] Group 1: Event Overview - The media tour took place from December 4 to 5, focusing on the theme "Poetic Xi'an, the Ancient Capital" and aligning with the implementation plan for building a Tang poetry cultural brand in Xi'an [4] - Over 40 media outlets and cultural influencers participated, exploring key locations to highlight the connection between poetry and the city's historical landscape [4][5] Group 2: Cultural Integration - The event featured a Tang poetry-themed sightseeing bus, "Changan Dream," which provided an interactive experience with historical figures narrating stories related to the Tang dynasty [4][5] - Various locations, such as the Great Tang West Market Museum and Xingqing Palace Park, showcased the integration of poetry with historical artifacts and interactive activities, enhancing public engagement with cultural heritage [4][6] Group 3: Academic Contributions - Two scholars were invited to provide depth to the exploration of Tang poetry, enriching the experience with professional insights into the cultural significance of the sites visited [7] - The event highlighted the transformation of poetry from mere text to participatory cultural practices, exemplified by digital exhibitions and engraved poetry on stone walls [7][8] Group 4: Economic and Social Impact - The "Tang Poetry + Cultural Tourism" model is expected to drive economic growth, with innovative technologies enhancing visitor experiences through immersive performances and interactive dining options [6][7] - The integration of Tang poetry into daily life through various activities aims to foster a sense of pride and recognition of traditional Chinese culture among residents [7][8] Group 5: Future Development Plans - The event is seen as a milestone in the ongoing development of Xi'an as the "City of Tang Poetry," with plans to deepen cultural integration through five major projects and 26 tasks [8] - Future initiatives will focus on cultural heritage protection, tourism integration, brand innovation, and international cultural exchange, aiming to elevate the global perception of Chinese culture [8]