Group 1 - The company, Yinzhijie, announced a projected net loss for the fiscal year 2025, marking its fourth consecutive year of losses since 2021 [1] - Cumulative net losses from 2021 to 2024 amount to 651 million yuan, with a net loss of 59.4 million yuan reported for the first three quarters of 2025, showing a slight reduction in losses year-on-year [1] - The company's main business areas include financial information technology, mobile information services, and e-commerce, with significant revenue declines in financial information technology (down 42.41%) and mobile information services (down 30.54%) [1] Group 2 - Since May 2024, the company has had no controlling shareholder or actual controller, as the previous control agreement expired and was not renewed [2] - In September 2024, the former shareholders signed a share transfer agreement to transfer 49.46 million shares (7% of total shares) to Zhuo Haihang, the founder of a stock data app, indicating a potential strategic partnership to expand financial technology services [2] - The company denied rumors of a backdoor listing related to this share transfer, emphasizing its stable governance and long-term development considerations [2]

会议强调，"十五五"时期在基本实现社会主义现代化进程中具有承前启后的重要地位。2026年是"十五 五"开局之年，要立足商务工作"三个重要"定位，统筹国内经济工作和国际经贸斗争，统筹发展和安 全，以电子商务高质量发展、高水平开放、高效能治理为目标，重点做好四方面工作：一是坚持党的领 导，加强顶层设计，实现"向上"发展；二是坚持创新驱动，提升发展能级，实现"向新"发展；三是优化 发展环境，营造良好生态，实现"向善"发展；四是扩大开放合作，突出普惠共赢，实现"向外"发展。 中央和国家机关有关部门代表，商务部相关单位负责同志，各省、自治区、直辖市及新疆生产建设兵团 商务主管部门代表参会。 1月13-14日，全国电子商务工作会议在北京召开。会议深入贯彻中央经济工作会议精神，总结"十四 五"时期特别是2025年电子商务工作成效，分析发展形势，交流经验做法，部署2026年重点工作。商务 部副部长盛秋平出席并讲话。 会议指出，"十四五"以来，商务部会同各地方各部门认真贯彻落实党中央、国务院决策部署，持续推进 电子商务高质量发展。发展环境持续优化，围绕数字消费、农村电商、跨境电商等出台一系列政策文 件，为构建全国统一大市场注入 ...

Core Insights - JD.com has launched its first AI Film Creation Competition, inviting users to create videos using AI technology in conjunction with the "Ma Honghong" IP character and other brand images [1][3] - Participants must submit original AI-generated short films of at least 15 seconds, with no restrictions on the AI tools used, as long as AIGC technology is significantly applied [1][3] - The competition features a prize structure that includes a total potential cash reward of up to 100,000 yuan for individuals, with specific awards for the top three entries and additional prizes for creative use of the "Ma Honghong" character [1][3] Prize Structure - The competition's prize consists of a base prize, a special creative award for the Year of the Horse, and brand bonuses, with the first-place winner receiving 50,000 yuan, second place 30,000 yuan, and third place 20,000 yuan [1][3] - An additional special creative award of 10,000 yuan is available for participants who incorporate the "Ma Honghong" character in their submissions, with registration for this award starting on January 19 [1][3] Evaluation Mechanism - The evaluation of entries will be based on two equal components: 50% weight from video content performance data, automatically scored by the platform based on views, and 50% from feedback by a professional jury [2][4] - The jury will consist of external directors, university experts, and members of the JD AI Film Creation Competition organizing committee, assessing entries on aesthetic creativity, thematic creativity, AI technology execution, and originality [2][4] - All submitted works will undergo a compliance screening within 48 hours, after which they will be publicly displayed to accumulate view data, with winners announced on February 6 [2][4]

据报道，美国电商巨头亚马逊将就意大利法院削减反垄断罚款的判决提出上诉，该公司坚持认为根本不 应当被处罚。 据报道，美国电商巨头亚马逊将就意大利法院削减反垄断罚款的判决提出上诉，该公司坚持认为根本不 应当被处罚。 报道称意大利监管机构亦将对削减罚款的判决提起上诉。反垄断当局拒绝置评，亚马逊未立即回应置评 请求。 报道称意大利监管机构亦将对削减罚款的判决提起上诉。反垄断当局拒绝置评，亚马逊未立即回应置评 请求。 责任编辑：王许宁 责任编辑：王许宁 意大利反垄断机构周一宣布，将2021年对亚马逊滥用市场支配地位、限制电商物流服务竞争开出的11.3 亿欧元罚金下调至7.524亿欧元（约合8.763亿美元）。此项调整基于去年九月大区行政法院的裁决结 果。 意大利反垄断机构周一宣布，将2021年对亚马逊滥用市场支配地位、限制电商物流服务竞争开出的11.3 亿欧元罚金下调至7.524亿欧元（约合8.763亿美元）。此项调整基于去年九月大区行政法院的裁决结 果。 ...

小摩将京东今年营收预测微调至同比增长4%，主要得益于其非电子产品/家电类营收的增长动能; 但同 时将调整后每股盈利以反映阿里对即时零售市占率的承诺，及京东计划加速发展其国际业务(主要为欧 洲的Joybuy)。作出更新后，小摩对京东2026年调整后每股盈利增长率约为每年增长20%。 智通财经APP获悉，摩根大通发布研报称，预计京东集团-SW(09618)去年第四季营收年增2%，略优于 该行去年底预测的1%。因对阿里巴巴-W(09988)2025年第四季核心电商营收的最新看法表明，京东综合 商品及平台、营销收入所面临的压力低于预期; 期内，预测该部分收入同比增长将超过10%，且京东调 整后净利总额仍约为10亿元人民币(下同)。 ...

每经AI快讯，阿里巴巴-W(09988.HK)午后涨幅扩大，截至发稿涨5.88%，报169.3港元，成交额291.5亿 港元。 （文章来源：每日经济新闻） ...

电子商务概念股早间全线走强，板块指数低开高走，放量飙升逾7%，创4年来新高。 年货节将至 电子商务走强 板块内所有个股上涨，值得买（300785）仅约13分钟直线20%涨停，3日2涨停，凯淳股份亦直线快速20cm封 板，壹网壹创、丽人丽妆、焦点科技等也强势涨停或涨超10%。 | 值得买(300785) 2026年01月14日 星期三 PageUp/Down:前后日 空格链:操作 | | | | | --- | --- | --- | --- | | 值得买 分时(静态) | 20.00% | 11:26 | 83.89 | | 68.89 | | 11:26 | 83.89 | | 81.89 | 17.14% | 11:26 | 83.89 | | 79.90 | 14.28% | 11:26 | 83.89 | | 77.90 | 11.43% | 11:26 | 83.89 | | 75.90 | 8.57% | 11:26 | 83.89 | | 73.90 | 5.71% | 11:26 | 83.89 | | 71.91 | 2.86% | 11:26 | 83.89 | | 69.91 | 0. ...

有分析认为，阿里巴巴近日的持续大涨，除了近期AI概念的整体大涨带动外，或与阿里云收入增长将 在未来几个季度持续加速有关。摩根士丹利近日发布研报预计，阿里云的营收增长将保持强劲势头，同 比增速有望加速至35%以上，不仅高于上一季度的34%，而且未来在2027财年甚至有进一步加速至40% 的潜力。摩根士丹利认为，这一增长趋势强化了阿里巴巴作为"中国最佳AI赋能者"的投资逻辑。 另额外，美银近日也发布的研报称，阿里巴巴仍为中国人工智能的最佳投资目标股份，亦为中国电商股 首选。 投资者关注中国人工智能(AI)技术发展趋势，以及中国在下一代AI范式能否反超美国。港股市场AI巨 头、入选了格隆汇2026年"下注中国"十大核心资产名单的阿里巴巴(9988.HK)今日盘中继续走强，涨幅 扩大至4.4%，报167港元，股价创逾2个月新高。 中金国际近日发布研报表示，阿里巴巴在AI时代展现出战略转型与发展前景，特别是在全栈技术布局 和国内外业务双轮驱动下的增长逻辑。 ...

Group 1 - Amazon is negotiating with suppliers for price reductions ranging from single digits to as much as 30% to recover concessions made last year in response to Trump tariffs [1][2] - The negotiations are being expedited to finalize agreements before the Supreme Court's ruling on the legality of U.S. trade tariffs [2] - Amazon's statement claims that its annual supplier negotiation cycle remains unchanged, denying any strict deadlines for negotiations [1] Group 2 - Suppliers are concerned that Amazon's latest negotiation stance threatens product line profitability, as it does not adequately consider rising costs from supply chain disruptions and increased raw material and labor costs [3] - Amazon operates its vast e-commerce business through direct sales and third-party retailers, with third-party seller sales accounting for over 60% of total sales on the platform [3] - Amazon has not joined lawsuits filed by businesses and interest groups against tariff measures, including a collective lawsuit by over 1,000 retailers seeking to recover paid tariffs [3]

从上海钢联十大流通股东角度 1月14日，上海钢联涨5.93%，截至发稿，报30.20元/股，成交2.78亿元，换手率3.06%，总市值96.25亿 元。 数据显示，南方基金旗下1只基金位居上海钢联十大流通股东。南方中证1000ETF（512100）三季度减 持1.79万股，持有股数233.09万股，占流通股的比例为0.76%。根据测算，今日浮盈赚取约393.93万元。 资料显示，上海钢联电子商务股份有限公司位于上海市宝山区园丰路68号，成立日期2000年4月30日， 上市日期2011年6月8日，公司主营业务涉及以钢铁、能源、矿业和有色金属等相关行业信息服务为基础 的B2B电子商务服务。主营业务收入构成为：供应链服务业务97.29%，寄售服务业务1.56%，数据订阅 服务0.66%，商务推广服务0.19%，会务培训服务0.12%，其他服务0.11%，研究咨询服务0.07%，其他 (补充)0.01%。 责任编辑：小浪快报 南方中证1000ETF（512100）基金经理为崔蕾。 截至发稿，崔蕾累计任职时间7年70天，现任基金资产总规模1227.6亿元，任职期间最佳基金回报 234.52%， 任职期间最差基金回报-1 ...