作者丨唐婧 编辑丨曾芳 （图源：新华社） 创新产品 深圳，这座从改革浪潮中走来的城市，已崛起为一处活力奔涌的科创高地。 作为创新之城，深圳平均每平方公里拥有12家国家高新技术企业，密度居全国各城市第 一；培育了超1300家专精特新"小巨人"企业，连续三年新增数量居全国各城市第一；全社 会研发投入占GDP比重达6.67%，跃居全国大中城市第一。 在这幅生机勃勃的创新图景背后，一套"股贷债保汇"联动、覆盖企业全生命周期的科技金融 服务体系，正悄然为每一次研发突破、每一轮产业跃升注入源头活水。 从"腾飞贷"为高成长企业注入续航动力，到"科技初创通"为早期项目点亮星火；从"科汇 通"便利深港科研资金流动，再到债市"科技板"引导长期资本流向硬科技前沿—— 深圳的科 技金融服务体系，已从单一的资金供给者，转型为贯穿创新全链条的"陪跑者"与"共建 者"。 这不仅提升了科技型中小企业的融资可得性，更推动金融资源更早、更精准地流向人工智 能、半导体、生物医药等关键核心技术领域，为建设具有全球重要影响力的产业科技创新中 心筑牢金融基石。截至2025年10月末，深圳科技贷款余额已突破2.2万亿元，科技创新债券 发行规模居全国前列， ...

服务消费作为扩大内需的重要引擎，其高质量发展对经济结构优化和民生改善具有深远意义。《中共中 央关于制定国民经济和社会发展第十五个五年规划的建议》（下称《建议》）强调，"以放宽准入、业 态融合为重点扩大服务消费""实施提振消费专项行动"，这为培育服务消费新增长点指明了方向。12月8 日召开的中央经济工作会议强调，"深入实施提振消费专项行动""清理消费领域不合理限制措施，释放 服务消费潜力"，进一步明确了扩大内需的重点任务和方向。服务消费涵盖文旅、健康、养老托育等众 多领域，产业关联度强，对经济增长具有重要的带动作用。在当前阶段，提振服务消费对于释放内需增 长潜力、推动经济结构优化升级和民生改善有着重要的现实意义。 当前，我国服务消费正处于规模快速扩张与结构深刻变革的关键时期，呈现出总量持续增长、结构加速 转型、新业态不断涌现的特征。伴随居民收入水平提高和消费观念转变，服务消费正从传统的生存型消 费向发展型、享受型消费升级，从单一化、标准化服务向个性化、品质化服务转变，成为拉动内需、促 进经济高质量发展的重要引擎。然而，与发达国家相比，我国服务消费在总量规模、供给质量、业态创 新等方面仍存在明显差距，例如，202 ...

行业机遇：赛道拓展下的万亿级市场空间 地产行业步入存量竞争，开发商亟需拓展泛住宿生态；文旅产业迎来政策与消费双重红利；据文旅部网站统计，2023年，国内出游人次48.91亿，比上年 同期增加23.61亿，同比增长93.3%；"智慧文旅"纳入《"十四五"旅游业发展规划》，万亿级市场空间成为战略拓展黄金赛道。 目前，智慧文旅新场景行业的竞争格局呈现出典型的"三层金字塔"结构，已从单一技术或产品竞争，演变为"生态协同"、"垂直深耕"与"创新突围"并存的 复杂态势。 企业积淀：三十余年智能化能力的自然延伸 （来源：CSHIA） 战略升级，锚定文旅赛道 当前，消费市场正从"空间需求"向"体验需求"转变升级。立林科技顺势而为，启动核心战略拓展：依托三十年地产智慧化的深厚根基，向文旅产业迸发。 秉持"让人们生活在五星级的家"的使命，立林以地产场景积累的技术、资源与服务为根基，打造"科技+服务+体验"的旅居新生态，开启"地产筑基、文旅 拓新"的发展新周期。 顺势而为，乘势而上 立林作为集研发、生产、销售及服务于一体的高新科技企业，在厦门拥有46万平方米产业基地，全国布局37家分公司、200多个驻外办事处，累计服务 4000+ ...

Summary of Key Points Core Viewpoint - Xiangyuan Cultural Tourism announced a share buyback of approximately 2.1 million shares, representing 0.2% of the company's total equity, at an average price of approximately 7.46 CNY per share, totaling 15.6261 million CNY in expenditure [1][1][1] Financial Performance - For the year 2024, the revenue composition of Xiangyuan Cultural Tourism is as follows: - Tourism scenic area business accounts for 63.03% - Smart cultural tourism project hardware and software integration and digital operation and technical services account for 12.43% - Tea sales account for 8.36% - Animation and its derivative businesses account for 7.07% - Hotel services account for 6.6% [1][1][1] Market Position - As of the report, the market capitalization of Xiangyuan Cultural Tourism is 7.6 billion CNY [1][1][1]

Core Viewpoint - Haosai Technology Group Co., Ltd. is facing legal challenges due to a criminal appeal filed by the People's Procuratorate of Xinzhou District, Wuhan, regarding a bribery case involving the company and its former chairman Dai Baolin [1][4]. Legal Proceedings - The company was fined 7 million RMB for unit bribery, while Dai Baolin received a three-year prison sentence with a four-year probation and a fine of 3 million RMB [1][4]. - The court's final ruling remains uncertain due to the ongoing appeal process initiated by the procuratorate, which argues that the initial sentence was too lenient [1]. Financial Impact - The fines and the amount to be returned to the state total approximately 28.52 million RMB, which represents 15.90% of the company's most recent audited net profit attributable to shareholders [5]. - The company reported a net profit of -26.31 million RMB for the first three quarters of 2025, a decline of 523.96% year-on-year [10][11]. Stock Performance - Haosai's stock has shown significant volatility, with a recent price of 19.17 RMB, reflecting a 44% increase over the past month and a 67% increase year-to-date [7]. - The company went public on October 28, 2019, with an initial offering price of 23.66 RMB per share, but has since experienced a decline in stock value [7]. Management Changes - Following legal issues, Dai Baolin resigned from his positions as chairman and general manager, with his son Dai Congqi taking over as the new chairman [6].

Core Points - The company, Haosai, has been fined over 28 million yuan due to a bribery case involving its founder, Dai Baolin, who received a three-year prison sentence with a four-year suspension [2][4] - Haosai has acknowledged the situation and committed to enhancing internal controls and improving information disclosure quality [4] - The company has faced significant financial challenges, with a continuous decline in revenue and net profit since its IPO in 2019 [5][6] Legal Issues - Haosai was found guilty of corporate bribery, resulting in a fine of 7 million yuan for the company and 3 million yuan for Dai Baolin [2] - The case was initiated by the Wuhan New District Supervisory Committee, which began an investigation into Dai Baolin in December 2024 [4] Management Changes - Dai Baolin resigned from his positions as chairman and CEO due to reaching retirement age, and his son, Dai Congqi, has taken over as the new chairman [5] - Dai Baolin's annual salary for 2024 was reported to be 1.2052 million yuan [5] Financial Performance - Haosai's revenue for the first three quarters of 2025 was approximately 265 million yuan, representing a nearly 30% decline year-on-year [6] - The company has reported net losses for four consecutive years from 2021 to 2024, with losses of 9.511 million yuan, 169 million yuan, 46.2 million yuan, and 109 million yuan respectively [5][6] - Despite poor financial performance, Haosai's stock price has increased significantly, with a rise of over 24% in October and over 47% year-to-date [7]

Group 1 - The core point of the article is that Xiangyuan Cultural Tourism (SH 600576) announced the cancellation of its supervisory board and the revision of its articles of association during a board meeting held on October 24, 2025 [1] - The company's revenue composition for the year 2024 is as follows: tourism scenic area business accounts for 63.03%, smart cultural tourism project hardware and software integration and digital operation and technical services account for 12.43%, tea sales account for 8.36%, animation and its derivative businesses account for 7.07%, and hotel services account for 6.6% [1] - As of the report date, the market capitalization of Xiangyuan Cultural Tourism is 7.6 billion yuan [1]

Core Viewpoint - The digital economy is significantly transforming daily life in Guizhou, enabling residents to easily complete various tasks such as travel booking, shopping, and government services through mobile devices, enhancing the quality of life and stimulating new consumption potential [1][4]. Digital Infrastructure - Guizhou has achieved full 5G network coverage in administrative villages, with over 99.9% mobile network coverage in natural villages, laying a solid foundation for digital consumption [4]. - The provincial government launched the "Colorful Guizhou Happy Shopping" campaign during the National Day and Mid-Autumn Festival, distributing consumption vouchers and offering discounts to consumers [4]. Consumer Trends - The retail sales of communication equipment in Guizhou are projected to grow over 30% year-on-year by mid-2025, with basic software development increasing by over 100%, indicating a strong support for consumption driven by digital industries [5]. - Digital technology is making shopping more convenient, with residents enjoying the benefits of online shopping and quick delivery services [5]. Smart Tourism - The "AI Tour of Xijiang" experience center has become a popular attraction, offering AI photography and smart ticketing services that enhance the visitor experience [7]. - The virtual assistant "Huang Xiaoxi" provides comprehensive travel services through a WeChat mini-program, making it easier for tourists to plan their trips [7]. - Innovative projects like the "Red Ribbon" initiative use immersive digital technology to create engaging new consumption scenarios for tourists [7][8]. Daily Life Applications - Big data applications in healthcare and government services are enhancing convenience for residents, such as the "24/7 Government Service Station" and "smart photo examination machines" that streamline processes [12]. - These innovations save time for citizens, allowing them to focus on enjoying life rather than running errands, thereby releasing consumer potential and improving quality of life [12].

Core Viewpoint - The development of the data industry in Guiyang and Gui'an aims to not only attract external enterprises through the Data Expo but also provide opportunities for local data companies to expand their market presence nationwide [1] Company Overview - YunJing Cultural Tourism Technology Co., Ltd. was established in March 2019 as a joint venture between China Unicom and Tencent, focusing on the digital transformation of the cultural tourism industry [3] - The company leverages its background in tourism information technology and aims to enhance government regulatory capabilities and public service levels through big data [3][4] Business Direction - The main business areas include information technology, big data, and AI applications tailored for the cultural tourism sector, targeting government, enterprises, and the public [3] - The company has developed various applications such as "One Code Tour" to improve the service experience for tourists [3] Participation in Data Expo - The company has participated in previous Data Expos, showcasing its applications and platforms, which have significantly enhanced its brand and industry influence [4] - The Data Expo serves as a platform for promoting interaction between government and enterprises, facilitating industry exchanges and technology sharing [4] Future Plans - YunJing plans to further enrich its product offerings and focus on areas like cultural heritage and digitalization of cultural venues, aiming to create a "second curve" for future development [4] - The company has a long-term commitment to supporting the construction of a culturally strong nation and a tourism powerhouse [4] Upcoming Showcase - At the upcoming Data Expo, YunJing will present two major platforms: the "Welcome Pine Command and Dispatch" platform for scenic area management and the "Cool Travel Hainan" provincial smart tourism public service platform [5] - The company will also showcase the digital management service platform for the Guizhou Provincial Museum, highlighting its collaboration with local institutions in the field of cultural heritage digitalization [5] Industry Insights - Big data is viewed as essential for the digital transformation of the cultural tourism industry and is seen as a cornerstone for the development of artificial intelligence [6] - The integration of big data in the cultural sector is crucial for understanding industry dynamics and enhancing governance and management capabilities [6] - The application of digital technologies is expected to play a significant role in preserving cultural heritage and making it more accessible [6]

Core Viewpoint - Xiangyuan Cultural Tourism announced a total external guarantee amount of approximately RMB 746 million, accounting for 26.5% of the company's latest audited net assets [2] Revenue Composition - For the year 2024, the revenue composition of Xiangyuan Cultural Tourism is as follows: - Tourism scenic area business accounts for 63.03% - Smart cultural tourism project hardware and software integration construction, digital operation, and technical services account for 12.43% - Tea sales account for 8.36% - Animation and its derivative businesses account for 7.07% - Hotel services account for 6.6% [2]