1.谈"热门"赛道：迟早要面对惨烈竞争 人工智能、生物科技、新能源等领域，随着时间推移，迟早也会走到产能扩张、竞争加剧的那一步，这 是市场规律，只是早晚的问题。 新行业，我承认它们的方向肯定没问题，未来也会产生机会。但从投资角度，我更关注这些企业能否真 正跑出确定性的盈利和生存能力。 它们大多是高投入的行业，烧钱快，周期长，一旦风向发生变化，或者长期不盈利，投资者的信心就会 被彻底打散。这种行业更多靠钱堆，而不是靠确定性的利润支撑。 你去翻那些代表"创新"的指数基金，里面的企业未来十年真正能活下来的，有多少？我心里是有数的。 2.谈"老赛道"：估值已在难得的位置 （原标题：林园重磅发声：当下，我只敢买这两类"保命"资产） 11月20日下午，百亿私募大佬林园公开发声，他直言：在全市场追逐科技热点的当下，他投资最底层的 核心是生存与盈利。 以下是林园最新观点的精华浓缩： 我们未来主要找两类企业：能让人快乐的和能让人活得更长的。 老祖宗说得好，人活一世，吃喝二字。吃喝是永恒需求。与此同时，人还希望活得更长、活得更好。 食品、消费这些行业的供需调整的更快，市场纠错能力更强。它们不需要巨额投入来维持增长；一旦产 能过多 ...

天眼查App显示，近日，黄骅市五代日用品有限公司成立，法定代表人为赵春良，注册资本100万人民 币，经营范围为一般项目：日用杂品制造;体育用品及器材批发;电子产品销售;卫生用品和一次性使用医 疗用品销售;消毒剂销售（不含危险化学品）;第一类医疗器械销售;日用百货销售;工艺美术品及收藏品 零售（象牙及其制品除外）;会议及展览服务;养生保健服务（非医疗）;第二类医疗器械销售（除依法须 经批准的项目外，凭营业执照依法自主开展经营活动）许可项目：食品销售;第三类医疗器械经营;生活 美容服务（依法须经批准的项目，经相关部门批准后方可开展经营活动，具体经营项目以批准文件或许 可证件为准）。 ...

Economic Overview - The province's economy showed overall stability in the first ten months of the year, with industrial growth, declining fixed asset investment, expanding market sales, and rapid export growth [1] Industrial Performance - The added value of industrial enterprises above a designated size increased by 1.5% year-on-year, with high-tech manufacturing growing by 3.9% [1] - By sector, mining increased by 7.8%, manufacturing by 0.7%, and electricity, heat, gas, and water production and supply by 0.1% [2] - State-owned enterprises saw a 2.2% increase in added value, while foreign and Hong Kong, Macao, and Taiwan-invested enterprises experienced a decline of 5.9% [2] - Among 40 industrial categories, 23 reported year-on-year growth, resulting in a growth rate of 57.5% [2] - Notable growth sectors included chemical fiber manufacturing (growth of 7.7 times), transportation equipment manufacturing (growth of 47.1%), and gas production and supply (growth of 21.6%) [2] Investment Trends - Fixed asset investment decreased overall, but manufacturing investment rose by 6.2%, with high-tech manufacturing investment increasing by 10.8% [2] - Investment in the primary industry grew by 5.1% year-on-year [2] Market Sales - The total retail sales of consumer goods reached 877.98 billion yuan, reflecting a year-on-year growth of 3.5% [3] - Sales of essential goods remained stable, with food and oil retail sales increasing by 13.4% and daily necessities by 11.8% [3] - Upgraded consumer goods saw significant sales growth, including wearable smart devices (growth of 15.5 times) and energy-efficient home appliances (growth of 1.3 times) [3] Trade Performance - The province's total import and export value reached 338.37 billion yuan, marking a 9.6% increase [3] - Agricultural product exports totaled 27.67 billion yuan, with a year-on-year growth of 9.9% [3] - Machinery and electrical products exports were 170.59 billion yuan, growing by 8.5%, with notable increases in ship and automotive parts exports [3] Price Trends - Consumer prices remained stable overall, while industrial producer prices experienced a decline [4]

天眼查App显示，近日，哈尔滨以光日用品有限责任公司成立，法定代表人为杨熙赞，注册资本1万人 民币，经营范围为一般项目：日用品销售；日用百货销售；家居用品销售；化妆品批发；化妆品零售； 厨具卫具及日用杂品批发；厨具卫具及日用杂品零售；互联网销售（除销售需要许可的商品）；国内贸 易代理；市场营销策划；信息咨询服务（不含许可类信息咨询服务）；会议及展览服务；健康咨询服务 （不含诊疗服务）；养生保健服务（非医疗）；远程健康管理服务。（除依法须经批准的项目外，凭营 业执照依法自主开展经营活动）。 ...

Core Viewpoint - Shenzhen Nuanqi Daily Necessities Co., Ltd. has been established with a registered capital of 30,000 RMB, indicating a new player in the daily necessities market [1] Company Summary - The legal representative of the company is Zhou Fenglin [1] - The company is engaged in a wide range of business activities including wholesale and retail of kitchenware, sanitary ware, daily miscellaneous goods, and electronic products [1] - The company has no licensed business projects, operating under general business activities as per its business license [1]

天眼查App显示，近日，大城县瑞陶日用品有限公司成立，法定代表人为王伟涛，注册资本2000万人民 币，经营范围为一般项目：日用化学产品制造;日用化学产品销售;金属制日用品制造;日用品销售;化妆 品零售;个人卫生用品销售;卫生用品和一次性使用医疗用品销售;日用百货销售;食品用洗涤剂销售;货物 进出口;进出口代理（除依法须经批准的项目外，凭营业执照依法自主开展经营活动）许可项目：化妆 品生产;食品用洗涤剂生产;卫生用品和一次性使用医疗用品生产（依法须经批准的项目，经相关部门批 准后方可开展经营活动，具体经营项目以批准文件或许可证件为准）。 ...

Core Viewpoint - Recently, Taihe County Haosheng Technology Co., Ltd. was established with a registered capital of 300,000 RMB, indicating a diversification into various business sectors including traditional spices, daily necessities, and technology services [1] Group 1: Company Overview - The legal representative of the newly established company is Zhang Ping [1] - The registered capital of the company is 300,000 RMB [1] Group 2: Business Scope - The company’s business scope includes the operation of traditional spice products, sales of daily necessities, and wholesale of daily necessities [1] - It also engages in the sale of religious venue supplies, hygiene insecticides, and the wholesale of arts and crafts [1] - The company is involved in internet sales (excluding items requiring permits), sales and manufacturing of daily chemical products, and import-export activities [1] - Additional activities include the cultivation and acquisition of Chinese medicinal herbs, wholesale and retail of aquatic products, and various agricultural services [1] - The company is permitted to engage in aquaculture, subject to approval from relevant authorities [1]

Core Insights - Zhongshan Lanxin Daily Necessities Co., Ltd. has been established with a registered capital of 50,000 RMB [1] Company Overview - The company operates in various sectors including daily goods sales, import and export of goods, wholesale of kitchenware and daily miscellaneous products, and sales of daily ceramic products [1] - Additional business activities include sales of plastic products, wooden daily necessities, hardware retail, office supplies, home appliance parts, textiles and raw materials, machinery equipment, optoelectronic devices, clothing wholesale, cosmetics wholesale, toy sales, packaging materials, metal tools, and lighting sales [1] - The company is authorized to conduct business activities independently based on its business license, except for projects that require legal approval [1]

天眼查App显示，近日，长葛市贤达卫浴有限公司成立，法定代表人为王雨杭，注册资本5万人民币， 经营范围为一般项目：卫生洁具销售；卫生陶瓷制品销售；日用百货销售；办公用品销售；母婴用品销 售；家用电器销售；建筑材料销售；灯具销售；针纺织品销售；电子专用设备销售；劳动保护用品销 售；家具销售；建筑陶瓷制品销售；建筑装饰材料销售；家居用品销售；门窗销售；智能家庭消费设备 销售；五金产品批发；化妆品零售；体育用品及器材零售；厨具卫具及日用杂品零售；服装服饰零售； 卫生洁具制造；卫生陶瓷制品制造；家具制造；技术服务、技术开发、技术咨询、技术交流、技术转 让、技术推广；互联网销售（除销售需要许可的商品）（除依法须经批准的项目外，凭营业执照依法自 主开展经营活动）。 ...

Group 1 - A new company named Nanchang Zhouhan Daily Necessities Co., Ltd. has been established with a registered capital of 600,000 RMB [1] - The legal representative of the company is Xu Yanxia [1] - The business scope includes general projects such as sales and manufacturing of daily miscellaneous goods, manufacturing and retail of sports goods and equipment, sales of outdoor products, retail of edible agricultural products, domestic trade agency, and internet sales (excluding items that require licensing) [1]