【观网财经丨智能早报 8月25日】 工信部：将有序引导算力设施建设，加快突破GPU芯片等关键核心技术 8月23日，以"算网筑基 智引未来"为主题的2025中国算力大会开幕。工业和信息化部副部长熊继军强 调，将有序引导算力设施建设，切实提升算力资源供给质量。强化企业创新主体地位，推进科技创新与 产业创新深度融合。加快突破GPU芯片等关键核心技术，扩大基础共性技术供给。深化算力赋能行业应 用，推动构建算力产业良好生态。拓展开放合作广度，以高水平开放促进算力产业高质量发展。 今年我国智能算力规模增长将超40% 据"2025中国算力大会"消息，中国算力平台正加快建设。目前，已有山西、辽宁、上海、江苏等10个省 份的算力分平台正式接入。工业和信息化部负责人表示，将引导各地合理布局智能算力设施，逐步提高 智能算力供给质量，满足新兴产业和未来产业发展需要。目前，智能算力已经广泛应用于生成式大模 型、自动驾驶、具身智能、智慧城市和工业制造等领域。通过算力应用大赛累计征集的创新算力项目已 超过2.3万个，在工业、金融、医疗、能源等领域实现了规模化复制推广。预计2025年，我国智能算力 规模增长将超过40%。 杭州中小学全面开展 ...

Core Insights - The article discusses the return of Luo Yonghao to the public eye through his new podcast "Luo Yonghao's Crossroads," highlighting his ongoing influence in the internet and technology sectors despite past failures [1][18] - Luo's journey reflects a shift from aggressive entrepreneurship to a more measured approach, as he navigates the challenges of the tech industry while leveraging his charisma and communication skills [2][14] Group 1: Career Evolution - Luo Yonghao has transitioned from being a prominent internet figure and entrepreneur to a podcast host, indicating a new phase in his career where he engages in deep conversations about technology and society [1][18] - His previous ventures, including the launch of Smartisan phones, faced significant challenges, leading to substantial debt and a shift in focus towards live-streaming and e-commerce [6][7][12] - The establishment of his AR technology company, Thin Red Line, initially attracted significant investment but later pivoted towards AI hardware and software development due to commercialization challenges [13][17] Group 2: Public Engagement and Influence - Luo's return to social media and the launch of his podcast have garnered substantial attention, with over 200,000 new followers on Bilibili and more than 2 million views for the first episode [1][18] - His ability to attract viewers and generate discussions around technology and entrepreneurship showcases his enduring appeal and influence in the industry [1][18] - The podcast format allows Luo to explore various topics, including AI and human destiny, positioning him as a thought leader in the evolving tech landscape [18]

Group 1 - Lucky Coffee's first overseas store opened in Malaysia, marking the beginning of its globalization efforts, with a focus on integrating local culture into its store and product design [1] - Lucky Coffee plans to refine its overseas store model and deepen its presence in the Southeast Asian market, although the long-term adaptability of its localization strategy remains to be observed [1] Group 2 - Heytea has officially joined the Taobao Flash Sale platform, with over 4,000 stores fully online, indicating its commitment to digital expansion in the high-end tea beverage market [2] - The competitive landscape of the "takeaway war" has prompted Heytea to explore online growth opportunities through Taobao Flash Sale, which is seen as a key driver for increasing store sales [2] Group 3 - Dongfang Selection reported a significant decline in net profit for the fiscal year 2025, with revenue dropping by 32.7% to 4.392 billion yuan, and net profit from continuing operations falling by 97.5% to 6.191 million yuan [3] - Excluding the financial impact of the sale of Hui Tong, Dongfang Selection's net profit from continuing operations increased by 30%, indicating positive signals amid business transformation [3] Group 4 - The State Council's press conference highlighted the need for stricter governance of live-streaming e-commerce, addressing major cases such as "Three Sheep" and "Northeast Rain Sister" [4] - Regulatory measures will include the cancellation of unreasonable restrictions on online trading platforms and the promotion of fair competition in the market, aiming to enhance the transparency and rationality of fees [4]

| 2025年8月18日—8月24日 | #电商新零售 8月22日晚间，东方甄选公布了2025财年（2024年6月1日至2025年5月31日）综合业绩。2025财年，东方 甄选持续经营业务（自营产品及直播电商业务）的总营收为44亿元，持续经营业务净溢利由2025财年上 半年的净亏损9650万元实现扭亏为盈，净溢利为620万元。从东方甄选GMV（商品交易总额）上也能看 到董宇辉出走带来的实质影响：东方甄选2025财年的总GMV为87亿元，上个财年的GMV则为143亿 元。 点评：在直播电商行业，头部主播往往是流量与销售的关键驱动力，董宇辉的离开无疑使东方甄选流失 了大量粉丝与关注度，进而冲击GMV数据。 NO.2阿里更新官网：划分四大业务板块 近日，阿里巴巴集团官网显示，其原有的六大业务集团被划分为四大业务类别，分别为阿里巴巴中国电 商集团、阿里国际数字商业集团、云智能集团以及所有其他业务。饿了么、飞猪归入阿里中国电商集 团，高德地图、菜鸟、优酷、大麦娱乐等归入"所有其他"。据内部人士表示，阿里官网业务板块划分更 新并不代表组织架构调整。 点评：这一变动体现了阿里正对业务进行重新梳理。当前，电商行业竞争格局复杂 ...

文/片 记者 孙佳琪 济南报道 "这一次是真的要和大家说再见了。"曾经官宣了4次要彻底"退网"的网红辛巴,称这次之所以作出退网的 决定,是因为医生说他的肺部"像95岁的人",而且如果再不注意身体,肺的寿命只有8-10年。在与大家告别 的同时,也不忘喊话老东家:"辛巴今天就为快手效力到此。" 小红帽用三次"狼来了"的谎言丧失了自己求生的机会,辛巴的第五次退网是否还能保持网友对他的信任? 为什么"棉密码"卫生巾中会有硫脲?答案还是成本。根据爆料,涉事卫生巾单片成本只有0.3元/片,而主流 的卫生巾品牌成本在0.8-1.2元/片。硫脲作为廉价漂白/还原剂,可大幅降低棉浆粕脱色成本。这暴露了低 价直播商品通过牺牲产品安全性来压缩成本的潜规则。 截至目前,辛巴团队也未对"棉密码"涉及的相关问题作出正面回应。法律界人士称,"退网"不会免除其应 当承担的民事、刑事等法律责任。"无论他在直播间产生的消费纠纷 【下载黑猫投诉客户端】,还是他的 产品有质量问题,该承担的责任不会因为他退不退网而发生任何变化。" 筹码押向供应链 这次是真的要退了? 8月18日,主播辛巴在直播间里宣布正式离开直播行业,此后辛选集团将由妻子来管理。 辛 ...

与董宇辉分手的东方甄选，仍未从阵痛中走出。东方甄选近日发布2025财年（2024年6月1日—2025年5 月31日）财报，这份董宇辉出走后的首份年报显示，东方甄选GMV（商品成交总额）和抖音渠道的表 现上受到一定冲击，同时其在App、微信小程序等渠道加大会员运作和新客开发，自营品规模超过700 款。 三年来，依靠"主播驱动"与"产品驱动"，东方甄选曾因巨大的流量感到眩晕而彷徨，也因坚定选择"去 头部主播化"而深陷舆论旋涡。相比单纯依赖头部主播，深耕产品带来更多确定性，但也对企业的供应 链能力提出更高要求。 业绩遭受冲击 董宇辉离职带来的长期影响，显现在东方甄选的财报上。数据显示，2025财年，东方甄选持续经营业务 净营收43.92亿元，同比下降32.7%；年内溢利为619万元，去年同期为2.49亿元。东方甄选方面表示， 若剔除出售与辉同行的财务影响，2025财年持续经营业务净溢利为1.354亿元，同比增长30%；毛利方 面，公司持续经营业务的综合毛利率由2024财年的25.9%提升至2025财年的32%。 财报期内，在具体业务层面，东方甄选来自抖音、淘宝及自有应用程序等所有销售渠道的已付GMV表 现有所下滑， ...

三年来，在靠"主播驱动"和"产品驱动"两条路上，东方甄选曾因巨大流量感到眩晕而彷徨，也因坚定选择"去头部主播化"深陷舆论旋涡。深耕产品比单一依 赖头部主播有着更多确定性，但也对企业供应链能力提出更高要求。 业绩遭受冲击 东方甄选依然在承受与董宇辉分手后的阵痛。近日，东方甄选公布2025财年（2024年6月1日—2025年5月31日）业绩，这也是董宇辉离开东方甄选后的首份 年报。从数据来看，东方甄选GMV和抖音渠道表现上受到一定冲击，同时，公司在App、微信小程序等渠道加大会员运作和新客开发，自营品规模超过700 款。 | | 2025 財年 | | | | 2024財年 | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | 日 持續經營 | | | | 持續經營 已終止(0 | | | | | | | 業務 | | | | | | 總營收 | 4.392.071 | | 4.392.071 | 6.525.551 | 547.013 | 7.072.564 | | | 除税前利潤 | 60.745 | l | 60,745 | 433.725 ...

8月22日，东方甄选披露了和董宇辉"分手"后的最新业绩。 截至5月31日，东方甄选2025财年实现总营收43.92亿元，同比下滑32.7%；持续经营业务（即自营产品及直播电商业务）净溢利从2025财年上半年的亏损转 正，实现净溢利620万元，而2024财年则为净溢利2.49亿元。 俞敏洪坦言："大家如果身处在我这个位置，就能明白我身处多少暴风骤雨之中，今天这个来之不易的局面，希望能够特别珍惜。" 东方甄选披露董宇辉"分手费"终结版 董宇辉的出走在业务层面也产生了影响。财报显示，该财年，东方甄选GMV由上个财年的143亿元同比降低39.2%至87亿元。GMV降低带动自营产品存货成 本与物流成本降低，使该财年总营收成本同比减少38.2%至30亿元，同时毛利也从17亿元同比减少17%至14亿元。得益于自营产品与直播电商业务健康开 展，毛利率由25.9%提升至32%。 值得注意的是，此前支付给董宇辉的1.4亿元体现在本财年财报行政开支部分。财报显示，东方甄选2025财年持续经营业务的行政开支由2024财年的3.956亿 元增加22.5%至4.848亿元，主要由于公司在2024年7月25日分派与辉同行所有剩余未分派溢利 ...

Core Viewpoint - Oriental Selection (1797.HK) reported a significant decline in revenue and net profit for the fiscal year 2025, indicating challenges faced by the company, particularly following the departure of a key figure, Dong Yuhui [2]. Financial Performance - Total revenue from continuing operations (self-operated products and live e-commerce) for fiscal year 2025 was 4.4 billion yuan, a decrease of 32.7% compared to 6.5 billion yuan in fiscal year 2024 [2]. - Net profit for the fiscal year 2025 was 6.2 million yuan, a substantial drop from 250 million yuan in fiscal year 2024 [2]. Management Commentary - CEO Yu Minhong acknowledged the difficulties faced by the company during a conference call following the financial report, emphasizing the need to cherish the current situation despite the challenges [2].

Core Viewpoint - The article highlights the rapid growth of live commerce in Shanghai, projecting a retail sales figure of approximately 493.7 billion yuan in 2024, marking a year-on-year increase of 12.9%, positioning Shanghai as the leading city in this sector nationally [3]. Group 1: Live Commerce Development - Shanghai's live commerce sector is supported by the establishment of the Rongmomo Live Broadcast Center, which operates 150 standard live broadcast rooms for over 120 international mid-to-high-end brands [5]. - Rongmomo Digital Technology Co., Ltd. has developed a comprehensive service system that includes live e-commerce, content creation, short video production, and integrated marketing planning [5]. - The company has trained over 300 full-time hosts through a scientific system, focusing on enhancing brand sales performance and innovating live broadcast formats [5]. Group 2: Government Initiatives - The "Three-Year Action Plan for Promoting High-Quality Development of Live Commerce in Shanghai (2024-2026)" aims to accelerate the cultivation of key players in the industry, encouraging innovation and international expansion of live broadcast platforms [7]. - The plan includes the establishment of four industry-specific live commerce clusters and the creation of 20 influential live e-commerce bases in Shanghai [7][9]. - By 2026, the goal is to achieve a live e-commerce retail sales target of 600 billion yuan and to develop ten leading live broadcast platforms with international competitiveness [9]. Group 3: Technological Integration - Rongmomo has developed a proprietary live broadcast management system that utilizes big data and AI to enhance host training and audience analysis, achieving a monthly sales conversion rate of 10% to 15% [7]. - The integration of advanced technologies is expected to play a crucial role in the ongoing development and innovation within the live commerce sector [7].