科技引领未来 当晨曦掠过光伏板的银辉，一种新的能量密码，正在改写世界的运转方式。这一次，科技不再是冰冷的参数，而是与自然对话的语言。 新園刊 惊勢青年 Part 成为自己人生"首席导演"的00后, 将生活调试得哈到好处。 今年重阳节前夕，浙江开放大学与阿里研究院联合发布《2025"银发+AI"应用趋势报告》。从智能穿戴设备到AI助手，从AI陪伴机器人到掌静脉门锁，陡 峭的增长曲线，写满了无数个深夜加班的年轻人，在通勤下班路上，为父母祖辈下单智能手表和智能屏的记录。 一群年轻人以一种别扭的方式，悄然弥合着时间的沟壑。（图/《2025"银发+AI"应用趋势报告》） 毕竟，温情背后总有尴尬。那些我们精挑细选的设备，最后可能在老家角落积灰；每日准时的电话查岗，不知不觉成了父母的心理负担。这代年轻人渴望 的，其实是一种更聪明的连接——既要到位，又不敢越位；满腔关怀，都得学会留白。 说到底，在i人遍地的今天，"数字孝心"只是冰山一角。无论工作还是生活，00后正在用技术作为新的语法，重写那些充满尴尬、内耗与委屈的旧剧本。 就像他们一边反对无效加班，一边在生活里拒绝精神内耗，这代人不再甘心只做个工具使用者，而是要当生活的"导 ...

Group 1: Market Overview - The Hong Kong stock market showed a mixed performance with the Hang Seng Index and the Hang Seng China Enterprises Index slightly up, while the Hang Seng Tech Index fell by 0.36%, indicating a cautious shift in investor sentiment after recent rebounds [2][3] - The total market turnover was approximately HKD 204.7 billion, with short selling on the main board reaching about HKD 36.7 billion, accounting for approximately 20.41% of the total turnover [2] - Southbound capital saw a net inflow of approximately HKD 1.3 billion, with Alibaba, Pop Mart, and Meituan being the most actively bought stocks, while Xiaomi, Zijin Mining, and Tencent were the most sold [2][3] Group 2: Sector Performance - The paper industry continued its strong performance, with leading paper companies seeing stock price increases due to expectations of improved industry profitability from previous price hikes [2] - The consumer sector also performed well, with multiple sub-sectors such as tobacco, automotive, new retail, and dairy products showing significant gains, supported by a recent policy initiative from six ministries aimed at boosting consumption [3] - Conversely, the real estate sector faced notable declines, with concerns over debt restructuring among leading companies leading to reduced investor risk appetite [3] Group 3: Company Analysis - Lenovo Group - Lenovo Group reported better-than-expected Q2 results, with its Intelligent Devices Group (IDG) revenue increasing by 11.8% year-on-year to USD 15.11 billion, benefiting from a rise in AI computer shipments and strong sales of high-end products [5] - The Infrastructure Solutions Group (ISG) saw a significant revenue increase of 23.7% year-on-year to USD 4.09 billion, driven by AI infrastructure business growth, despite a small operating loss [5][6] - The Solutions and Services Group (SSG) achieved record revenue growth of 18.1% year-on-year to USD 2.56 billion, with a strong operating profit margin of 22.3% [6] Group 4: Strategic Initiatives - Lenovo is focusing on AI development, shifting towards a more inclusive approach that emphasizes human and enterprise entities, which is expected to create growth opportunities in various AI terminal devices and solutions [6] - The company is preparing for ongoing storage supply shortages and price increases by securing long-term agreements with key suppliers and leveraging its cost advantages to manage potential cost pressures [7] - The forecast for Lenovo's adjusted net profit for the fiscal years 2025/26 and 2026/27 is USD 1.62 billion (up 12.5% year-on-year) and USD 1.78 billion (up 9.9% year-on-year), respectively, with a target price of HKD 12.3, indicating a "buy" rating [7]

11月27日，绿源集团（2451.HK）与越疆科技（2432.HK）在金华签署战略合作框架协议。双方将基于 在产品研发与产业应用层面的深度共识，共同推动规模达5000台机器狗应用于智慧门店升级计划，探索 具身智能在智慧门店、智能工厂等场景的应用。 ...

人民财讯11月27日电，11月27日，绿源集团与越疆科技在金华签署战略合作框架协议。绿源与越疆将共 同推动规模达5000台机器狗应用于智慧门店升级计划，探索具身智能在智慧门店、智能工厂等场景的应 用。 ...

11月27日，国新办举行国务院政策例行吹风会，介绍增强消费品供需适配性和进一步促进消费政策措施有关情况。 国新办政策吹风 在吹风会上，工业和信息化部副部长谢远生指出，《实施方案》的核心理念在于实现生产和消费"从量到质"的转变，让企业 从"生产更多"向"生产更对""生产更好"转变，解决"想买的买不到、想卖的卖不掉"所带来的要素错配和资源浪费。 21世纪经济报道记者周潇枭 见习记者张旭 北京报道 近日，经国务院同意，工业和信息化部等六部门联合印发了《关于增强消费 品供需适配性进一步促进消费的实施方案》（以下简称《实施方案》）。 《实施方案》提出两个阶段的主要目标：到2027年，形成3个万亿级消费领域和10个千亿级消费热点。到2030年，基本形成供给 与消费良性互动、相互促进的高质量发展格局，消费对经济增长的贡献率逐步提升。 "老百姓想要什么、喜欢什么，政策就引导鼓励企业琢磨什么、生产什么，以便广大消费者能买到称心如意的东西、享受到无微 不至的服务，有利于企业生产的产品适销对路、优质优价。"谢远生说。 详解万亿级消费领域 《实施方案》通过聚焦供给侧结构性改革，加速品牌引领、标准升级和新技术应用，激发我国庞大内需市场 ...

stoolpigeon@service.netease.com 近期，杭州觅睿科技股份有限公司（下称"觅睿科技"）冲刺北交所IPO，保荐机构为国信证券。自2024年年底递交招股书至今，该公司已历经北交所三轮 问询，其中收入真实性、外协加工等情况受到监管重点关注。 出品|清流工作室 作者|周淼主编|赵妍 具体而言，觅睿科技的ODM产品进一步区分为成品和模组两种形态进行销售。报告期内，公司模组类产品收入占比从2021年的18.39%上升至2024年上半 年的34.73%。 得益于模组产品收入的增长，觅睿科技业绩一度大幅提升。但到2024年，觅睿科技的业绩增速有所放缓，云台摄像机等模组主要产品销售单价亦出现下 降，其对模组主要客户的销售额相较2023年增速变缓甚至同比下滑。 清流工作室注意到，觅睿科技以模组为主的销售模式在行业中并不常见。与此同时，作为一家以ODM模式为主的厂商，其在生产环节却高度依赖外协加 工，这一情况亦与同行存在明显差异。 模组销售模式存疑 据招股书，觅睿科技主营业务为智能网络摄像机及物联网视频产品的研发、设计、生产与销售，并为客户提供云存储、AI分析等增值服务。招股书显 示，觅睿科技的销售模式 ...

根据GEM上市规则第4章，公司有权将委员会决定转交GEM上市复核委员会复核。GEM上市规则第 4.08(1)条规定，复核申请须于委员会决定发出后7个营业日内送达GEM上市复核委员会秘书。公司正徵 询其专业顾问的意见，并将考虑申请复核委员会决定。谨此提醒公司股东及潜在投资者，公司尚未决定 是否要求复核委员会决定，倘进行复核，GEM上市复核委员会的复核结果亦属未明。公司股份继续停 牌。 智通财经APP讯，环球友饮智能(08496)公布，就有关停止其在新加坡的业务运营，GEM上市委员会对 上市科决定的复核聆讯已于2025年11月11日举行。于2025年11月24日，该司接获GEM上市委员会函 件，知会该公司经考虑公司作出的所有声明(包括书面及口头)后，GEM上市委员会同意上市科决定，即 收购事项及出售事项构成一系列交易及安排的一部分，该等交易及安排构成一宗尝试实现售卖机业务上 市并规避GEM上市规则第11章项下新上市规定的事件。因此，收购事项及出售事项应被视作一项交 易，并将构成GEM上市规则第19.06B条项下反收购。在并未有完成新上市程序及遵守相关规定情况 下，GEM上市委员会认为，鉴于收购事项及出售事项已告完 ...

Group 1 - Xiaomi Group's founder, chairman, and CEO Lei Jun invested over 100 million HKD to purchase 2.6 million shares, increasing his ownership stake to 23.26% [1] - Following this announcement, Xiaomi's stock price surged by 4.35% to close at 40.34 HKD on November 25 [1] Group 2 - Xiaomi announced a stock buyback totaling over 800 million HKD on November 20 and 21, with a total of 21.5 million shares repurchased this year, bringing the total buyback amount to over 2.3 billion HKD [4] - The company reported a total revenue of 113.1 billion RMB for Q3 2025, a year-on-year increase of 22.3%, and an adjusted net profit of 11.3 billion RMB, up 80.9% year-on-year [4] - Xiaomi's electric vehicle and AI segments achieved operational profit of 700 million RMB for the first time [4] Group 3 - Xiaomi has invested over 7 billion RMB in AI this year and has established a team of over 1,800 personnel for smart driving, with R&D centers in Beijing, Shanghai, and Wuhan [5] - The company introduced an upgraded smart driving system at the Guangzhou Auto Show, utilizing a "reinforcement learning + world model" training method to enhance driving capabilities [4]

Core Viewpoint - Qisheng Technology (603610.SH) is pursuing a long-term development strategy by exploring investment opportunities in new industries through its wholly-owned subsidiary, Linsheng Investment, which plans to invest 99.90% of its own funds, amounting to 99.90 million yuan, in Jiaxing Dunsheng Beibei Equity Investment Partnership [1] Group 1: Investment Strategy - The company aims to enhance its investment returns and asset operation capabilities by leveraging various advantageous resources through a professional investment management team [1] - Linsheng Investment will sign a partnership agreement with Hangzhou Dunjun Asset Management Co., Ltd. to facilitate this investment [1] Group 2: Investment Focus - Jiaxing Dunsheng Beibei primarily focuses on direct or indirect equity and equity-related investments to achieve good capital returns for investors [1] - The fund will concentrate on investments in smart healthcare, intelligent devices, digital health services, and other enterprises or projects with investment value and potential returns [1]

嘉兴敦盛贝贝主要通过直接或间接的股权及股权相关投资，为投资者实现良好的资本收益。敦盛贝贝重 点投资于智慧医疗、智能设备、数智健康服务等企业或项目，及其他具有投资价值和潜在回报的企业或 项目。 智通财经APP讯，麒盛科技(603610.SH)发布公告，为践行公司长远发展战略，探索投资新产业的路 径，进一步整合利用各方优势资源，通过专业化投资管理团队，提升公司资金投资收益水平和资产运作 能力，公司全资子公司麟盛投资拟与杭州敦钧资产管理有限公司(简称"杭州敦钧资产")签署合伙协议， 拟以自有资金9990万元参与投资嘉兴敦盛贝贝股权投资合伙企业(有限合伙)，占该基金总份额99.90%。 ...