2025年12月31日晚，万家灯火中，习近平主席通过中央广播电视总台和互联网，发表二〇二六年新年贺词。聆 听贺词，眼前闪动着"向新向优"的拼搏与豪迈，胸中奔涌着中国式现代化的万千气象。 中国式现代化的新征程上，有家国的荣光，有你我的奋斗。 炫 一年燃放1300多场 浏阳烟花占据全国90%市场 长沙，作为长江中游地区中心城市，其生动的城市实践正是国家宏伟蓝图在地方的鲜活注脚：无人机演绎绚 丽"烟花"、"城超""村超"热闹非凡、新就业群体权益有了进一步保障、适老化改造给更多老年人带来方便、育 儿家庭每月多了300元补贴…… 贺词中，有我们的拼搏进取，有我们的文化传承，有我们的三餐四季。 站在时序交替的新起点上，过往的"奋发"和未来的"发愤"会此一瞬。 山海寻梦，不觉其远；前路迢迢，阔步而行。 "我们"是这篇"国家盘点"熠熠生辉的主角。"我们依靠创新为高质量发展赋能""我们以文化滋养精神家园""我们 共创共享美好生活"……不变的家常味里，正是习近平主席说的那句："柴米油盐、三餐四季，每个'小家'热气腾 腾，中国这个'大家'就蒸蒸日上。" 长沙晚报全媒体记者 朱泽寰 2025年12月31日晚，重庆天空剧院上空，数千架 ...

Core Viewpoint - *ST Panda is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, which may impact its stock listing status and financial performance [1][3]. Group 1: Regulatory Actions - On December 29, 2025, *ST Panda received a notice from the CSRC regarding a formal investigation due to alleged information disclosure violations [1]. - The company will cooperate with the CSRC during the investigation and will fulfill its disclosure obligations as required by law [3]. Group 2: Financial Performance - For the first nine months of 2025, *ST Panda reported a revenue of 155 million yuan, a decrease of 25.86% year-on-year [4]. - The net profit attributable to shareholders was 13.56 million yuan, down 53.25% compared to the previous year [4]. - The net profit after excluding non-operating losses was 11.02 million yuan, reflecting a decline of 47.44% year-on-year [4]. Group 3: Stock Market Impact - Due to the issuance of an audit report with a disclaimer of opinion for the 2024 financial statements, *ST Panda's stock has been placed under delisting risk warning [3]. - The stock price reached a limit-up today, trading at 11 yuan per share, with a total market capitalization of 1.826 billion yuan [5]. - The stock has experienced five limit-up days in the last eight trading sessions [5]. Group 4: Shareholder Actions - On December 17, 2025, *ST Panda announced that 2.6 million shares held by its shareholder, Galaxy Bay International, would be subject to judicial auction [4]. - This share disposal will not lead to a change in control of the company and is not expected to affect normal business operations [4].

公告称，目前，公司各项生产经营活动正常开展，在立案调查期间，公司将积极配合中国证监会的调查 工作，并严格按照相关法律法规及监管要求及时履行信息披露义务。 登录新浪财经APP 搜索【信披】查看更多考评等级 公告突发。 *ST熊猫（600599）12月29日晚间公告，公司于2025年12月29日收到中国证券监督管理委员会（简 称"中国证监会"）下发的《立案告知书》，因公司涉嫌信息披露违法违规，根据《中华人民共和国证券 法》《中华人民共和国行政处罚法》等法律法规，中国证监会决定对公司立案。 同日，*ST熊猫还发布了关于公司股票交易风险提示公告。公告称，因公司2024年度财务报表被出具了 无法表示意见的审计报告，根据上海证券交易所《股票上市规则》第9.3.2条第（三）项"最近一个会计 年度的财务会计报告被出具无法表示意见或否定意见的审计报告"的规定，公司股票已被实施退市风险 警示。因公司2024年度内部控制被出具了否定意见的审计报告，根据上海证券交易所《股票上市规则》 第9.8.1条第（三）项"最近一个会计年度内部控制被出具否定意见审计报告"的规定，公司股票继续被实 施其他风险警示。截至目前，上述非标意见所涉事项尚未 ...

Group 1: Consumer Sector Insights - The central economic work conference prioritizes expanding domestic demand, with "reward economy" expected to drive consumption growth, reshaping consumer behavior and enhancing supply-side requirements [2][6] - The "reward economy" is projected to boost the emotional economy market in China, with a forecasted market size of 23,077.67 billion yuan in 2024, potentially exceeding 45,000 billion yuan by 2029 [6] - The report identifies key consumer companies listed on the Beijing Stock Exchange, including those in cultural IP, pet food, cosmetics, and food and beverage sectors, which are expected to thrive under favorable policies [6][7] Group 2: Intelligent Driving Industry - The Ministry of Industry and Information Technology has conditionally approved two L3 autonomous driving models, marking a transition from technology validation to mass production in China's autonomous vehicle industry [11] - The autonomous driving market in China reached a scale of 330.1 billion yuan in 2023, with a projected growth to nearly 450 billion yuan by 2025 [11] - Eleven companies in the intelligent driving supply chain are identified, including Audiwei and Kaiter, which are positioned to benefit from this market expansion [11][12] Group 3: Construction Materials and Fireworks - The upcoming Spring Festival has led to renewed interest in investment opportunities related to fireworks, as policies shift from prohibition to restrictions, enhancing market attention [16] - The report highlights the potential for investment in companies like Guotai Group, which may benefit from these regulatory changes [16] - The IPO market is heating up, with companies like Yuxin Semiconductor receiving approval, indicating a positive trend for the construction materials sector [17] Group 4: Logistics and Transportation - The express delivery industry saw a 5% year-on-year increase in package volume in November, with significant performance variations among major players [21] - The report notes that the average price per package for major express companies has improved, indicating a recovery in profitability within the logistics sector [21][32] - The report emphasizes the resilience of the e-commerce logistics sector, with companies like YTO Express and Shentong Express expected to benefit from ongoing demand and operational improvements [32] Group 5: Shipping and Port Operations - The report discusses the impact of U.S. sanctions on oil tankers, suggesting that compliant oil transport markets may benefit from these geopolitical developments [27] - The Shanghai export container freight index has shown an increase, indicating a positive trend in shipping rates [28] - The report highlights the potential for recovery in the shipping market, driven by OPEC+ production increases and a favorable economic environment [33]

近一年中国烟花、爆竹出口情况统计图 相关报告：智研咨询发布的《2025-2031年中国烟花行业市场运行态势及发展趋势研判报告》 根据中国海关数据显示：2025年10月中国烟花、爆竹出口数量为3.08万吨，同比下降19.7%，出口金额 为0.79亿美元，同比下降21.5%。 数据来源：中国海关，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 ...

12月8日，长沙市"十四五"答卷系列主题新闻发布会打造内陆地区改革开放高地专场举行。5年来，长沙开放发展交出亮眼成绩单：进出口总额达1.4万 亿元，出口收汇率超80%；对非贸易年均增长31.7%，实现翻番；实际使用外资66.4亿美元，占全省72.6%；在长投资世界500强企业达201家；对外实际投资 70.1亿美元，稳居中部省会第一。 开放型经济澎湃发展 规模质量双提升 5年来，长沙开放型经济成效显著，总量连跨台阶、核心指标稳步领跑。进出口总额达1.4万亿元，贸易"朋友圈"覆盖全球233个国家和地区。工程机械、"新 三样"等优势产业出口年均增长超两位数，浏阳烟花、湘绣等特色产品成为"长沙名片"，推动产业优势转化为出口优势。 招商引资成效显著，5年累计引进重大项目995个，其中"三类500强"项目313个，总投资超万亿元。实际使用外资66.4亿美元，1456家外商投资企业稳健发 展，德国巴斯夫等龙头项目落户推动外资向高端制造、现代服务领域集聚。连续举办跨国公司长沙行、德企长沙行、国际采购、产经对接等活动，拓展长沙 与国际市场的连接通道。 对外投资方面，"长沙力量"走向全球。70.1亿美元的对外实际投资，彰显内陆 ...

记者乘车刚一驶下浏洪高速，大瑶镇的烟火气息就裹着声响扑面而来，此起彼伏的烟花爆响混着清脆的 噼啪声从街巷深处、厂区周边漫出来。同行的大瑶镇党委书记潘定一笑着说："这是我们的'背景音'， 产销旺季一到，更热闹。" 作为全国第一批特色小镇，大瑶镇的"特色"非常鲜明——作为湖南省浏阳市烟花产业的核心腹地，大瑶 镇制造的烟花产品曾成功绽放在伦敦奥运会、北京世园会、军运会、70周年国庆等诸多国内外大型活动 上。可以说，全球每三支烟花里，就有一支带着大瑶镇的印记。但比烟花更动人的，是声响背后强劲搏 动的产业脉搏和面向未来的产业新蓝图。 湘赣边彩印包装集中工业区内，厂房里的高端印刷设备高速运转，刚下线的烟花包装盒色彩明艳、纹路 精致。园区布局科学规整，以安全环保为核心的同时，凭借产业集群优势吸引订单纷至沓来，生产排期 早已延伸至明年。 傍晚，记者走进李畋剧场，这座以花炮祖师命名的新地标正亮起点点灯光。3600个观众席已布置妥当， 燃放区的安全设施全部就位。这个投资1000多万元的剧场，三个月就实现了建成投用，不仅能做中小型 烟花秀、企业新品试样，还能承接求婚、团建等定制活动。 夜色渐浓，李畋剧场旁的烟花小屋前围满了人。店长 ...

Group 1 - The core point of the article is that *ST Panda has announced its total external guarantees amounting to 70 million yuan, which represents 68.38% of the company's latest audited net assets, all of which are guarantees for its subsidiaries [1] - As of the announcement, *ST Panda's revenue composition for the year 2024 is heavily reliant on fireworks products, accounting for 99.99%, while the small loan segment contributes only 0.01% [1] - The current market capitalization of *ST Panda is 1.7 billion yuan [1]

Group 1 - The core point of the article is that *ST Panda (SH 600599) announced the convening of its 12th meeting of the 8th Board of Directors on November 28, 2025, to discuss the proposal for appointing the accounting firm for the fiscal year 2025 [1] - For the fiscal year 2024, *ST Panda's revenue composition is heavily reliant on fireworks products, which account for 99.99% of total revenue, while the small loan segment contributes only 0.01% [1] - As of the report date, *ST Panda has a market capitalization of 1.7 billion yuan [1]

Core Insights - The article emphasizes the importance of expanding domestic demand as a strategic move for economic stability and security, as highlighted by General Secretary Xi Jinping [1] - The city of Liuyang is leveraging various measures to enhance domestic demand, positioning it as a key driver for economic growth [1] Group 1: Consumer Market Activation - Liuyang has hosted over 140 creative fireworks events since February 2023, attracting nearly 8 million visitors, with over 90% being from outside the city [2] - These events have generated over 20 billion yuan in consumption, boosting various sectors including dining, accommodation, and entertainment [2] - In the first ten months of the year, Liuyang welcomed over 40 million tourists, achieving nearly 41 billion yuan in tourism spending, ranking it among the top 100 counties in national tourism strength [2] Group 2: Integration of Business Models - The integration of diverse business models, such as accommodations and dining, is seen as a vital innovation in supply [4] - Local authorities are focusing on enhancing the consumer experience by expanding offerings like romantic fireworks displays and local cuisine [4] Group 3: Investment Expansion - The newly renovated Tongcheng Commercial Plaza in Liuyang has seen a significant increase in daily foot traffic and revenue, generating over 90 million yuan in just five months after a 50 million yuan investment [5] - Liuyang has attracted 115 new projects this year, with a total investment of 38.734 billion yuan, supported by targeted policies to boost confidence among businesses [6] Group 4: Continuous Release of Consumption and Investment Potential - Liuyang is capitalizing on new policies to stimulate consumption in sectors like automotive and home appliances, while also enhancing investment quality through improved tracking and evaluation of projects [7] - The city has implemented a chain cultivation project that has led to a total output of over 130 billion yuan from ten key industrial chains, with a year-on-year growth of 11.8% [7]