（来源：经济参考报） "AI+"行动落地 技术深拓赋能全域智能化转型 2025年，是加快建设现代化产业体系、增强产业链供应链活力与韧性、促进消费提质扩容的关键之年。 在"十四五"规划收官之际，国家围绕强化产业链建设、提振内需消费、推动行业数智化转型作出一系列 战略部署，明确提出要发展新质生产力、推动产业智能化绿色化融合化、激活数字消费新动能，为数字 经济与实体经济深度融合、产业高质量发展指明了方向。中国电信翼支付立足央企使命担当，立足"数 据+支付"双擎科技能力驱动，在产业链焕新升级、"AI+行动"落实、科技创新突破三大领域交出亮眼答 卷，以实际行动践行国家战略，为现代产业链焕新升级发展、消费潜力释放、行业数智化转型注入强劲 动能。 产业链焕新升级 生态共链激活产业与消费双动能 为进一步响应国家培育新质生产力、构建现代化产业体系的战略部署，2025年中国电信翼支付进一步承 接现代产业链建设职责，推动现代产业链从基础支付向数字消费与数据运营焕新升级，通过生态共建、 场景融合、安全赋能，构建起协同共进、韧性强劲的现代产业新生态，实现产业升级与消费提质的双向 赋能。 12月，中国电信翼支付在"数智科技生态大会"期间 ...

今年8月，《关于深入实施"人工智能+"行动的意见》正式印发，部署"AI+"科学技术、"AI+"产业发 展、"AI+"消费提质等6大重点行动，进一步明确了实施"AI+"行动的总体要求、发展目标和关键领域。 中国电信翼支付推出自主研发的第二代推理加速架构——Talon，通过异步并行执行范式与自适应混合 草稿策略，在保持生成质量无损的前提下，推理速度达到行业常规最高6.52倍，将推理成本降至原先的 六分之一，性能提升50%以上。 凭借其行业领先的技术性能，中国电信翼支付Talon架构技术论文被国际人工智能顶会AAAI（人工智能 促进协会会议）2026接收。这也是继Falcon(AAA 2025）之后，翼支付在大模型推理加速领域关键技术 攻关所取得的再次突破，标志着其创新性再次获得了国际学术界的权威认可。目前，Talon推理加速架 构已集成至中国电信一站式Mass平台Insight AI，服务于"数字人客服""翼小橙""翼点通""翼小财"等核心 业务场景,以及智能化穿透式监管平台、新一代财司数智金融系统等多个科技产品中，显著提升交互流 畅度与系统经济性，为高并发、实时性强的AI应用奠定技术基础，助力企业降本增效，提升 ...

全球支付平台 PingPong日前发布《东南亚连锁品牌数字化实地观察》白皮书（以下简称《白皮 书》），为品牌加速规模化出海提供全链路数字支撑和重点区域的市场决策参考。 根据《白皮书》，在技术对接成本上，东南亚各国展业均需适配本地支付工具，比如印尼OVO、泰国 TrueMoney、马来西亚Touchn Go，单一出海品牌商户完成本地支付渠道对接成本较高。在监管合规成 本上，如印尼要求提供"贸易真实性证明"，泰国要求单笔或累计超过200万泰铢的跨境收款需向央行提 交"外汇交易报告"…… 针对连锁品牌出海痛点，PingPong在发布《白皮书》同时，发布了面向大型连锁品牌出海的全球综合管 理方案。 在全球经济格局深度调整、产业转型升级的背景下，出海已成为中国品牌实现可持续增长的战略选择。 东南亚凭借其人口红利显著、数字经济高速增长、地理文化接近、政策开放友好等优势，成为中国品牌 出海的首选目的地。 《白皮书》显示，中国品牌在东南亚市场正实现从 "外来者" 到本土消费生态核心参与者的转型。尤其 对于餐饮零售连锁品牌而言，出海已经从单纯卖货的1.0时代、"单店输出"的2.0时代，迈入由数字化中 台驱动的 3.0 时代。在 ...

签约仪式上，曲俊伟先生首先致辞。他表示，百工集始终致力于在文旅及商业地产领域打造优质数字化 场景，此次与通联支付携手，是基于双方优势互补、合作共赢的重要抉择，期待通过合作实现资源整 合，为用户带来更优质的服务体验。 随后，通联支付山东分公司总经理高辉先生发表致辞，详细介绍了通联支付在支付科技与生态服务领域 的领先实力。他指出，通联支付的支付解决方案与金融科技生态，与百工集的数字化场景布局高度契 合，双方愿景一致，未来合作空间广阔。 在全场嘉宾的见证下，百工集总裁曲俊伟与通联支付山东分公司总经理高辉作为双方签约代表，共同移 步签约台签署战略合作协议。签约过程中，现场主持人提到，此次合作并非简单的协议缔结，而是上海 曼昆恒泽数据科技的文旅、商业地产数字化场景，与通联支付行业领先支付方案及金融科技生态的"珠 联璧合"。双方将以合作为契机，优化支付流程、提升资金效率、升级会员体验，为消费者与商业项目 创造更高价值。 据了解，本次战略合作将充分发挥"1+1>2"的聚合效应，不仅是百工集与通联支付拓展业务版图的重要 里程碑，更是双方推动产业数字化转型、构建价值互联新生态的有力探索。未来，双方将依托各自资源 与技术优势，深 ...

Core Viewpoint - Yihe Holdings (01662) has announced a strategic partnership between its subsidiary Trio AI and ABBY Pay to develop AI-driven payment processing solutions, enhancing efficiency, security, and customer experience. The memorandum of understanding (MOU) is valid for 12 months [1]. Group 1 - Yihe Holdings' stock price increased by 3.66% to HKD 2.55, with a trading volume of HKD 12.3682 million [1]. - The partnership aims to leverage complementary strengths to explore, develop, and implement innovative AI-driven payment solutions [1]. - The MOU outlines several areas of collaboration, including joint R&D of AI-based payment solutions and integration of the Trio AI platform into ABBY Pay's infrastructure [1]. Group 2 - The collaboration will involve pilot projects to test and validate AI-driven payment technologies, knowledge sharing, technical workshops, and joint marketing efforts for successful initiatives [1].

2025年11月26日，国内支付科技全产业链领军企业新国都向港交所递交招股书，拟在香港主板上市。新 国都本次聘请中信证券出任独家保荐人，这意味着这家2010年已登陆深交所创业板的支付科技服务商， 正式启动"A+H"双资本市场布局。 支付上下游全产业链布局，打造支付科技生态系统 成立于2001年的新国都，是国内少有的在支付全产业链都有全面布局的科技公司。 在支付设备业务方面，公司作为中国支付设备的龙头企业，经过20多年的成长，目前已经成为全球营收 领先的支付设备企业，近15年累计销量超过5000万台。在公司多年加强海外业务布局和拓展的大背景 下，截至目前，公司支付硬件海外营收占比已经超过95%，业务出海取得重大成就。 在数字支付服务方面，公司旗下嘉联支付自2018年以来，营收和流水快速增长，连续6年TPV突破万亿 元人民币，为超过2000万家商户提供一站式支付服务解决方案。同时，公司还于2023年推出跨境支付品 牌PayKKa，并先后取得卢森堡PI支付牌照、美国MSB牌照、香港MSO牌照，海外牌照布局方面处于业 内领先的地位。 在数字商业解决方案方面，近年来公司积极从传统的支付服务商，向一站式数字支付商业解决方 ...

Core Viewpoint - The company, New Guodu (300130), has submitted an application for the issuance of overseas listed shares (H-shares) and listing on the Hong Kong Stock Exchange, which is pending approval from relevant regulatory bodies [2] Group 1: Company Developments - The application was submitted on November 25 and the related documents were published on the Hong Kong Stock Exchange website on the same day [2] - The company will disclose further developments in accordance with regulatory requirements [2] Group 2: Financial Performance - New Guodu is a leading global payment technology service provider, with business operations in payment services, electronic payment devices, and artificial intelligence [2] - In the first three quarters, the company achieved a net profit attributable to shareholders of 408 million yuan, representing a year-on-year growth of 37.10% [2]

Core Insights - Alipay, Meiyijia, and Huawei Cloud have signed a collaborative agreement to accelerate the smart transformation of retail stores, aiming to create a benchmark solution for smart retail [1] - Meiyijia has launched the first smart cash register equipped with the "Tap to Pay" interaction technology, which will be deployed in multiple stores nationwide [1] - The collaboration will leverage Meiyijia's network of over 40,000 stores, Huawei's HarmonyOS technology, and Alipay's expertise in digital operations and payments to enhance consumer experience and store operational efficiency [1] Group 1 - The partnership aims to promote the construction of a smart operational system across stores, focusing on improving both consumer experience and operational efficiency [1] - Future phases of the collaboration will include upgrading smart devices, integrating account systems, and optimizing membership operations [1] - The initiative will explore intelligent innovations in various scenarios, including payments and advertising, to create scalable and replicable smart store models [1] Group 2 - The "Tap to Pay" feature, launched by Alipay in 2024, allows users to complete payments quickly without opening the app, having served over 200 million users since its inception [3]

Group 1 - The 25th China International Investment and Trade Fair (CIFIT) was held in Xiamen from September 8 to 11, attracting representatives from over 120 countries and regions, and 11 international organizations, making it a significant platform for showcasing cutting-edge technology and discussing industry trends [1] - Newland Technology Group showcased a series of innovative technology products and smart scene solutions in the Fujian Pavilion, highlighting its leading position in the digital commerce sector and its global layout, providing valuable "Chinese solutions" for the digital transformation of global commerce [3] - The company has obtained the Money Services Business (MSB) license in the United States and launched a one-stop cross-border payment solution, focusing on the needs of outbound merchants and supporting multiple trade scenarios, significantly improving fund circulation efficiency [3] Group 2 - Newland's subsidiary, Fujian Guotong Xingyi Network Technology Co., Ltd., is enhancing terminal product upgrades and innovations, with the T9 smart terminal achieving high-speed processing of mainstream foreign card transactions, addressing issues of frequent power outages [5] - The non-contact scanning box redefines the "Card Code PAY" payment method, improving user experience by enabling instant payment and reducing transaction complexity and wait times, thus helping merchants retain customers [5] - The company aims to leverage CIFIT to deepen its engagement in the digital commerce sector, expand its international vision and cooperation network, and inject new momentum into the rapid development of digital commerce and the digital transformation of global trade [7]

Core Viewpoint - New Guodu plans to issue H-shares for listing on the Hong Kong Stock Exchange to deepen its global strategy, despite having sufficient cash reserves and facing declining profits and significant layoffs [1][2][3]. Financial Performance - New Guodu's revenue and net profit have been declining, with 2024 revenue at 3.148 billion yuan, down 17.2% year-on-year, and net profit at 234 million yuan, down 68.98% year-on-year [2][3]. - For the first half of 2025, revenue was 1.527 billion yuan, a decrease of 3.17%, and net profit was 275 million yuan, down 38.61% year-on-year [2][3]. Cash Position - As of mid-2025, New Guodu had over 4.3 billion yuan in cash and cash equivalents, accounting for over 70% of total assets, with interest-bearing debt at only 218 million yuan [4][5][6]. - The net cash position exceeds 4.1 billion yuan, indicating the company is not in a cash-strapped situation [6]. Layoffs and Cost-Cutting - The company has been reducing its workforce significantly, with a 36.4% reduction in employees from 2023 to 2024, totaling a decrease of 900 employees [3]. - The continuous layoffs suggest a strategy to cut costs in response to declining revenues and profits [3]. M&A Activities and Risks - New Guodu has a history of high-premium acquisitions, with notable failures leading to significant profit volatility [2][10]. - The acquisition of Jia Lian Payment has negatively impacted net profit by approximately 325 million yuan due to tax adjustments and goodwill impairment [2][6]. - The company has sold stakes in previously acquired companies at significant losses, raising concerns about potential harm to shareholder interests [10][12].