节日氛围之下，各商圈也纷纷亮出文化"看家本领"。艺术展览、主题互动、创意体验轮番上演，"吗喽的精神公园"等特色文化项目，既延长了市民停留时 间，也实现了从"看热闹"到"促消费"的有效转化，假期体验更加多元立体。 在节俭办活动的原则下，嘉年华注重大型装置的活化利用。卓悦中心北区持续展示一辆花车、4组巨型气模装置，成为市民争相合影的"城市背景板"；20多 个市集摊位集聚花车演艺、创意市集等内容，实现"吃喝玩乐购"一站式覆盖。相关活动将延续至1月4日，持续释放节日效应。 E I oler ht 数据成为最直观的注脚。受活动热度引流，节日大道沿线8家高端酒店在12月31日至1月1日两天的入住率均达到98%以上，较节前一周提升6—10个百分点， 平均房价提高约10个百分点。截至当日12时，沿线商圈总人流量达28.1万人次，同比增长14.98%；销售额1942万元，同比增长12.31%。 元旦假期，深圳节日大道迎来高光时刻。2026"四海一家嘉年华"于元旦当天正式开业，以巡游、市集、优惠、抽奖等多元场景，构建起"看巡游—逛市集— 享优惠—抽大奖"的文旅消费闭环，让文化"流量"加速转化为街区"留量"，为城市假日经济注入澎湃 ...

"哪些中国企业创新做得不错？"——这个问题的答案，直接关系到产业升级的方向和经济发展的动力。 近日，中国企业评价协会正式发布了《2025中国科创企业创新力TOP500发展报告》，这份权威报告通 过对企业创新投入、创新成果、创新生态等多个维度的深入评估，遴选出了500家在科技创新领域表现 突出的中国企业。该报告的发布，为我们提供了一份最新的、最全面的中国企业创新力排行榜。 中国企业评价协会的分析表明，在当前的经济环境下，那些具有持续创新投入、完整创新体系和明显创 新成果的企业，正在成为推动中国经济高质量发展的中坚力量。这些企业不仅在技术创新上取得了突 破，更通过创新驱动实现了商业价值的转化，成为了真正意义上的"创新领导者"。 在这一背景下，全球科技领导者联想集团凭借其在AI、VR、新材料等多个领域的创新突破，以及对创 新生态的持续投入，成功跻身《2025中国科创企业创新力TOP500》的总榜单前十，获得了权威认可 。 联想集团的入选，不仅印证了其在技术创新方面的卓越成就，更展现了其作为创新领导者的责任担当。 联想集团正通过"全栈AI"战略、"AI工厂"解决方案和超过200项前沿技术的创新矩阵，为中国企业树立 了 ...

Core Viewpoint - Shenzhen Peicheng Electronic Technology Co., Ltd. (Peicheng Technology) has successfully passed the listing review on the Beijing Stock Exchange, with Guotai Junan Securities as the sponsor [1] Company Overview - Peicheng Technology specializes in the independent research, production, and sales of third-party battery power control systems (BMS, PCS, etc.) and provides application solutions centered around integrated circuits and discrete devices [1] - The company was established in February 2004 and underwent a shareholding reform in September 2023, with plans to list on the New Third Board in September 2024 [1] Shareholding Structure - The controlling shareholder and actual controller of Peicheng Technology is Yan Xiaohan, who holds a direct shareholding of 54.5% and indirectly controls an additional 22.51%, totaling 77.01% of the shares [1] - Yan Xiaohan has held various key positions in the company since its inception, including General Manager and Chairman [3] Employee Incentives - In December 2020, Yan Xiaohan gifted 7.5 million yuan to eight core management and business personnel for subscribing to Peicheng Technology's equity as part of an employee stock incentive plan [3] - The employees involved have significant tenure with the company, with most having over 15 years of service [4][5] Regulatory Scrutiny - The Beijing Stock Exchange raised concerns regarding the source of the employee stock subscription funds, questioning the rationale behind Yan Xiaohan's gift and the absence of performance assessments or service duration agreements [6][8] - The second round of inquiries focused on the fairness of the pricing for the share transfer to the newly established private equity fund, Ningbo Mengshan, and whether there were any related party transactions [8] Recent Transactions - In June 2023, Yan Xiaohan transferred a 500,000 yuan stake in Peicheng Technology to Ningbo Mengshan at a price of 20 yuan per share, totaling 10 million yuan, with a corresponding price-to-earnings ratio of 10.82 [6] - The private equity fund was established in May 2023, just a month before the share transfer [6] Investment Background - Yan Xiaohan has previously invested in other private equity funds managed by the same entity as Ningbo Mengshan, indicating a potential strategic alignment [7][8] - The company is required to clarify the circumstances surrounding the share transfer and the communication between Yan Xiaohan and Ningbo Mengshan [8]

Market Data - As of December 30, the Shanghai Composite Index fell by 0.16 points, closing at 3965.12 points; the Sci-Tech Innovation 50 Index rose by 1.01% to 1359.87 points; the Shenzhen Component Index increased by 0.49% to 13604.07 points; and the ChiNext Index gained 0.63% to 3242.9 points [1] - U.S. stock markets experienced slight declines, marking a third consecutive day of losses, with the Dow Jones down by 0.2%, the S&P 500 down by 0.14%, and the Nasdaq down by 0.24% [1] - International oil prices saw a minor drop, with light crude oil futures for February 2026 closing at $57.95 per barrel, down by $0.13 (0.22%), and Brent crude oil futures for February closing at $61.92 per barrel, down by $0.02 (0.03%) [1] Economic Policies - The National Development and Reform Commission (NDRC) and the Ministry of Finance have allocated 625 billion yuan in special government bonds to support a consumption upgrade program for replacing old consumer goods [2] - The NDRC has issued a notice regarding a large-scale equipment update and consumer goods replacement policy for 2026, which includes subsidies for energy-efficient home appliances, providing 15% of the product price as a subsidy, capped at 1500 yuan per item for eligible consumers [3][4] - The 2026 policy has revised the subsidy standards, removing certain appliances from the subsidy list and lowering the maximum subsidy for energy-efficient products from 2000 yuan to 1500 yuan [3] - A new tax policy effective January 1, 2026, will reduce the value-added tax rate on the sale of residential properties held for less than two years from 5% to 3%, thereby lowering the tax burden on property sales [4] Industry Developments - The Central Rural Work Conference has outlined plans to stabilize grain and oil production, enhance farmland protection, and promote rural income growth [5] - The Ministry of Industry and Information Technology has released a digital transformation implementation plan for the automotive industry, aiming for over 95% adoption of R&D tools and a 10% increase in labor productivity by 2027 [5] - Changxin Technology's IPO application has been accepted by the Shanghai Stock Exchange, with a planned fundraising amount of 29.5 billion yuan [5] - Beijing Zhiyuan Huazhang Technology Co., Ltd. has initiated its IPO process in Hong Kong, with an expected market value exceeding 50 billion HKD [6]

Group 1 - The Hong Kong stock market continues to strengthen, with the Hong Kong Stock Connect Technology ETF (513860) rising by 0.56% as of the report time [1] - Notable gainers among the ETF's constituent stocks include InnoCare Pharma, which rose over 10%, along with SMIC, Xindong Company, SenseTime-W, Geely Automobile, and Sunny Optical Technology [1] - The trading volume of the Hong Kong Stock Connect Technology ETF (513860) exceeded 7.7 million hands, with a transaction value of 555 million yuan, surpassing the total transaction of the previous day [1] Group 2 - The ETF closely tracks the CSI Hong Kong Stock Connect Technology Index, which selects 50 large-cap, high R&D investment, and fast revenue growth technology leading companies from the Hong Kong Stock Connect range [1] - The top ten weighted stocks in the index include Alibaba-W, Tencent Holdings, SMIC, Xiaomi Group-W, and BYD Company [1] - According to Galaxy Securities, the easing monetary policies domestically and internationally are expected to maintain a net inflow trend of foreign and southbound funds, leading to a substantial improvement in the profitability of Hong Kong-listed companies [1] Group 3 - CITIC Securities emphasizes the importance of building a modern industrial system and accelerating high-level technological self-reliance as highlighted in the "14th Five-Year Plan" [2] - Strategic emerging industries such as new energy, new materials, aerospace, and future industries like quantum technology may receive new policy support [2] - Investors are advised to seize investment opportunities in AI-related segments and consumer electronics within the technology sector as they look towards 2026 [2]

Core Insights - The 2025 Fortune magazine list of "Most Admired Chinese Companies" highlights the increasing importance of corporate "soft power," emphasizing that companies treating employees well achieve both reputation and commercial success [1][2] - Lenovo Group exemplifies this new era by excelling in corporate culture, talent development, technological innovation, and social responsibility [1][3] Importance of Corporate Culture - Corporate culture is the soul of a company, shaping its brand image and providing shared beliefs and behavioral guidelines for employees [2] - A strong corporate culture enhances employee satisfaction and loyalty, attracting and retaining top talent [2] - Companies with a people-oriented culture that serves societal values can achieve sustainable development [2] Lenovo's Corporate Culture Practices - Lenovo's culture is rooted in its founding ideal of "serving the country through industry," evolving to a mature value system centered on "pragmatism, progress, and people-oriented" principles [3][4] - The company emphasizes work-life balance, rejecting excessive overtime practices, which has earned it accolades such as "Forbes China's Best Employer" for three consecutive years [4] Technological Innovation and Globalization - Lenovo believes that true competitiveness comes from technological innovation rather than internal strife, successfully navigating the PC industry's price wars and increasing profit margins by over three times [5] - The company has doubled its R&D team to nearly 19,000, with over 38,000 global patents, showcasing its innovation capabilities [5] - Lenovo has introduced hybrid AI technology and a range of innovative products, aiming to make AI accessible to everyone [5] Social Responsibility and Cultural Heritage - Lenovo's "AI Smart County Wooden Pagoda" project won the SABRE Awards, demonstrating the integration of technology and culture [6] - The company has received recognition for its contributions to ecological and cultural heritage protection, showcasing its global corporate responsibility [6] Talent Development Initiatives - Lenovo launched a global learning center in July 2025, aiming to train over 100,000 "dual-capable" talents in globalization and intelligent transformation over three years [7] - The center collaborates with top universities to develop high-quality training programs, enhancing industry talent cultivation [7] Conclusion on Lenovo's Corporate Culture - Lenovo's recognition as one of the "Most Admired Chinese Companies" stems from its robust corporate culture that combines commercial success with humanistic care [8] - The company's achievements in employee satisfaction and social responsibility reflect its commitment to a people-oriented culture [8][9]

Core Viewpoint - Yirui Technology (688301) has announced a change in the implementation subject of certain fundraising projects from a wholly-owned subsidiary to a controlling subsidiary, which is part of a strategic investment initiative [1]. Group 1: Stock Performance - As of December 29, 2025, Yirui Technology's stock closed at 103.39 yuan, up 0.38% from the previous trading day, with a total market capitalization of 21.862 billion yuan [1]. - The stock opened at 102.82 yuan, reached a high of 104.75 yuan, and a low of 100.81 yuan, with a trading volume of 298 million yuan and a turnover rate of 1.44% [1]. Group 2: Corporate Announcement - On December 25, 2025, the company’s board of directors approved the change of the implementation subject for certain fundraising projects from its wholly-owned subsidiary, Yirui Imaging Technology (Hefei) Co., Ltd., to a controlling subsidiary [1]. - The change is due to Yirui Hefei's plan to increase capital and introduce a strategic investor, Hefei Jianrui No. 1 Equity Investment Fund Partnership (Limited Partnership), reducing the company's shareholding from 100% to 77.88% [1]. - Yirui Hefei will remain a controlling subsidiary within the company's consolidated financial statements [1]. Group 3: Fundraising Projects - The fundraising projects involved include the industrialization of new detectors and scintillator materials, key technology research and development for digital X-ray detectors, and the construction of a comprehensive innovation base [1]. - The company plans to invest the raised funds into Yirui Hefei through entrusted loans, which will only be used for the fundraising projects, with interest rates referencing the central bank's current loan rates [1]. - This matter is subject to approval by the company's shareholders [1].

证券日报网讯12月29日，精研科技（300709）在互动平台回答投资者提问时表示，授权号 CN114560357B的专利系公司此前与意向客户在基于技术预研与联合开发需求共同申请，旨在激光电视 领域进行前瞻性技术储备，但截至目前尚未有实际的供货应用。公司始终坚持以市场需求为导向布局研 发与知识产权工作，后续将持续关注相关技术领域的发展趋势，结合业务规划动态调整技术转化策略。 ...

寒冬时节，阜阳颍泉经济开发区的空气中透着凛冽寒意，但安徽爱谱华顿电子科技有限公司的生产车间 内，却是一派热火朝天的奋进景象：多条生产线高速运转，机械臂精准作业，一批批5G传输线缆经过 严格检测后有序下线，即将发往全国多个省市的建设一线。看着眼前忙碌而有序的生产场景，公司总经 理华建军的脸上露出了欣慰的笑容，眼中满是对企业扎根阜阳、蓬勃发展的坚定信心。 "选择阜阳，是企业全国战略布局中最正确的决策之一。" 初见华建军，他的言谈间便满是对阜阳这座 城市的认可与期许。回忆起当初选址的考量，华建军至今记忆犹新："在规划全国生产基地时，我们考 察了国内多个城市，最终被阜阳的综合优势打动 —— 这里不仅拥有四通八达的交通网络，能快速对接 全国市场，更有丰富的人力资源储备为企业发展提供人才支撑，而最让我们动容的，是当地政府诚意满 满的政策支持和高效务实的政务服务，这让我们下定决心扎根阜阳。" 一站式 "保姆式" 服务，跑出项目落地的"阜阳速度" 上海爱谱华顿集团与阜阳市政府投资制造业项目从洽谈至签约仅用了30天，180天内落成一期工程—— 这一令人惊叹的 "阜阳速度"，正是安徽爱谱华顿感受到的最优营商环境的生动注脚。华建军 ...

Market Overview - The Hong Kong stock market opened positively, with the Hang Seng Index rising by 0.43%, the National Enterprises Index increasing by 0.59%, and the Hang Seng Technology Index up by 0.88% [1][3]. Notable Stock Movements - BYD Company (01211) saw an increase of 3.53% - Geely Automobile (00175) rose by 3.31% - China Hongqiao (01378) increased by 3.28% - Li Auto (02015) gained 3.07% - In contrast, Xiaomi Group (01810) fell by 1.38%, JD Health (06618) decreased by 0.85%, and WuXi Biologics (02269) dropped by 0.31% [1][3]. Company Announcements - Longpan Technology (02465) opened 4.05% higher, announcing a change in its 2022 fundraising project plan. The annual production capacity for its new energy vehicle power and energy storage battery cathode material project was increased from 62,500 tons to 100,000 tons, a 60% increase from the original plan. The project investment is approximately 910 million RMB, with an internal rate of return of 12.59% and a payback period of 7.64 years. Completion is expected by May next year [1][3]. - MicroPort Scientific Corporation-B (02252) opened 6.7% higher after announcing that its self-developed bronchoscopic surgical robot, UniPath, received approval from the National Medical Products Administration [4]. - China Duty Free Group (01880) opened 6.78% higher, announcing that its wholly-owned subsidiary won the bid for the duty-free project at Beijing Capital International Airport, with a guaranteed operating fee of 480 million RMB for the first year and a sales commission rate of 5%. The contract is valid until February 10, 2034, for a maximum of 8 years [4]. Market Sentiment - Market sentiment was mixed, with U.S. stocks showing slight declines after a brief positive start. The S&P 500 index had reached a historical high before retreating. The U.S. dollar remained stable, and the yield on 10-year U.S. Treasuries fell to 4.13%. Gold prices continued to rise, while oil prices faced pressure [2][5]. - The mainland Chinese stock market showed a slight increase, with the Shanghai Composite Index rising by 0.1% and trading volume exceeding 2 trillion RMB [5]. - The Hong Kong market is expected to maintain a narrow trading range, fluctuating between 25,000 and 26,000 points [5].