天眼查App显示，近日，成都市成华区山凹凹礼品店（个体工商户）成立，法定代表人为邹楚璇，注册 资本1万人民币，经营范围为一般项目：文艺创作；会议及展览服务；市场营销策划；组织文化艺术交 流活动；礼仪服务；广告制作；电子产品销售；家具销售；玩具销售；食品销售（仅销售预包装食 品）；工艺美术品及收藏品零售（象牙及其制品除外）；工艺美术品及收藏品批发（象牙及其制品除 外）；日用品销售；服装服饰零售；项目策划与公关服务；互联网销售（除销售需要许可的商品）；文 化场馆管理服务。（除依法须经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

Core Insights - Shanghai Youtu Hui New Materials Co., Ltd. has been established with a registered capital of 1 million RMB [1] - The company is engaged in a variety of business activities including synthetic materials sales, technology services, and new materials technology research and development [1] Company Overview - The legal representative of the company is Li Panpan [1] - The business scope includes sales of coatings (excluding hazardous chemicals), ecological environment materials, plastic products, building decoration materials, furniture, hardware products, and electronic products [1] - The company is also involved in import and export activities as well as technology transfer and promotion [1]

Investment Chain - Prices of tin, silver, and gold have risen since November 2025. [1] - Fixed asset investment growth rate has decreased to -1.70% as of October 2025, with real estate development investment down by -14.70%. [1] - Manufacturing fixed asset investment growth rate is at 2.7%, while infrastructure investment growth rate is at 1.51%. [1] - Prices of copper, aluminum, lead, zinc, and nickel have decreased, while power coal prices slightly increased to 698 RMB/ton. [1] Consumption Chain - Consumer confidence index rose to 89.60 in September 2025. [2] - Nominal growth rate for October 2025 fell to 2.90%, with cumulative nominal growth rate down by 4.30%. [2] - Sales area of commercial housing saw a cumulative year-on-year decline of -7.63% in October 2025. [2] - Automobile sales growth rate decreased to 8.82% in October 2025, and home appliance retail sales fell by -10.25%. [2] Export Chain - Export growth rate to the US increased in October 2025, while exports to the EU, Japan, and ASEAN saw a decline. [3] - Cumulative export growth rates for products like agricultural goods, toys, furniture, and steel have decreased. [3] - The overall export growth rate fell to 20.21% in October 2025, with textile exports down by -9.10%. [3] Price Chain - Pork prices increased to 12.24 RMB/kg as of November 19, 2025, while oil prices decreased to 57.95 USD/barrel. [4] - Prices for cotton and white sugar have declined, while MDI prices showed mixed trends. [4] - New credit increased to 220 billion RMB in October 2025, with life insurance premium income growth rate down to 12.68%. [4]

Group 1: ETF Market - The number of billion-yuan ETFs has reached a historical high of 119, with bond ETFs being the mainstream among new entrants [1] - The total market size of ETFs has reached 5.69 trillion yuan, with 1,368 funds in total, and the scale of ETFs above 100 billion yuan accounts for 75% of the total market size [1] Group 2: Robotics Industry - The market for six-dimensional force sensors in humanoid robots is experiencing explosive growth, with a projected shipment of 12,300 units this year, a year-on-year increase of 510.1% [1] - The market is becoming increasingly concentrated, with leading companies holding over 70% market share, specifically Blue Dot Touch Control at 72.6% [1] Group 3: AI/AR Market - The domestic consumer-grade AI/AR market is thriving, with sales increasing by 186% year-on-year in Q3 2025 [2] - The AR market continues to grow, surpassing 129,000 units sold, with all-in-one AR glasses showing a remarkable growth rate of 355% [2] Group 4: Automotive Industry - The automotive industry's sales profit margin dropped to 3.9% in October 2025, the lowest in five years, reflecting a 0.5 percentage point decrease from September [2] - The average sales profit margin for the automotive industry from January to October 2025 is 4.4%, which is better than in 2024 but still at a historical low [2] Group 5: Corporate Developments - ByteDance is reportedly in talks to sell its subsidiary, Shanghai Mutong Technology, to Saudi Arabia's Savvy Games Group, although the deal is not guaranteed [2] - KUKA Group is undergoing bankruptcy restructuring, facing allegations of asset transfer and reliance on high-interest loans [3] - Anta Sports has been rumored to consider acquiring Puma, with potential collaboration with a private equity firm [3] - Vanke's decision to extend debt repayment is seen as a significant shift, indicating a likely move towards debt restructuring [3][4] Group 6: Financial Updates - SoftBank's credit default swap (CDS) has risen to its highest level since April, reflecting investor caution regarding the company's debt-driven growth strategy [4] - Huazhi Jie plans to invest 157 million yuan to establish five wholly-owned subsidiaries, aiming to expand its global strategy in the intelligent robotics and electronic manufacturing sectors [13]

天眼查App显示，近日，四川竹本绒农业科技有限公司成立，法定代表人为陈小林，注册资本10万人民 币，经营范围为一般项目：农业专业及辅助性活动；竹制品制造；竹制品销售；日用杂品制造；日用杂 品销售；家具制造；宠物食品及用品批发；宠物食品及用品零售；日用化学产品销售；家居用品销售； 家居用品制造；信息技术咨询服务；宠物服务（不含动物诊疗）；互联网销售（除销售需要许可的商 品）；饲料添加剂销售；畜牧渔业饲料销售；饲料原料销售；日用品销售；宠物销售；日用百货销售； 化妆品零售；消毒剂销售（不含危险化学品）；日用化学产品制造。（除依法须经批准的项目外，凭营 业执照依法自主开展经营活动）许可项目：饲料生产。（依法须经批准的项目，经相关部门批准后方可 开展经营活动，具体经营项目以相关部门批准文件或许可证件为准）（涉及国家规定实施准入特别管理 措施的除外）。 ...

天眼查App显示，近日，漯河沐睿金属科技有限公司成立，法定代表人为王帅，注册资本20万人民币， 经营范围为一般项目：新材料技术推广服务；金属工具销售；金属工具制造；金属制品销售；金属制日 用品制造；家居用品制造；家居用品销售；日用杂品制造；日用杂品销售；金属切削加工服务；互联网 销售（除销售需要许可的商品）；金属材料制造；金属材料销售；家具制造；家具销售（除依法须经批 准的项目外，凭营业执照依法自主开展经营活动）。 ...

Core Viewpoint - A new company, Xingtai Dongju Trading Co., Ltd., has been established with a registered capital of 300,000 RMB, focusing on various retail and service sectors related to home furnishings and appliances [1] Company Overview - The legal representative of the company is Xu Yunhua [1] - The registered capital of the company is 300,000 RMB [1] Business Scope - The company operates in a wide range of areas including: - Furniture sales - Home goods sales - Household appliance sales - Sales of furniture accessories - Sales of electronic products - Retail of kitchenware and daily necessities - Retail of daily consumer goods and household appliances - Sales of textiles and hardware products - Sales of mechanical equipment and sanitary ware - Sales of building decoration materials - Sales of non-electric household appliances - Sales of arts and crafts [1] Services Offered - The company provides various services such as: - Professional design services - Furniture installation and maintenance services - Household appliance installation services - Information consulting services (excluding licensed consulting services) - Enterprise management - Conference and exhibition services - Advertising design, agency, production, and publishing - Graphic design - Marketing planning - Project management services (excluding projects requiring legal approval) [1] Licensing - The company is involved in licensed activities including: - Residential interior decoration and renovation (activities can only be conducted after approval from relevant authorities) [1]

天眼查App显示，近日，成都山有木材有限公司成立，法定代表人为马洪波，注册资本5万人民币，经 营范围为一般项目：木材销售；木材收购；建筑装饰材料销售；人造板销售；林业专业及辅助性活动； 家具零配件销售；建筑材料销售；家具销售；五金产品批发；劳务服务（不含劳务派遣）。（除依法须 经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

在多元化业务布局中，IP 业务轻资产优势加速释放。今年公司已完成 IP 审定、市场营销、供应链管 理、渠道建设全链条核心产业链闭环搭建，覆盖 IP 艺术品、潮玩、家具、3C 产品等多元领域，为后续 打造专业化 IP 孵化与加速运营平台奠定坚实基础，成功开拓新增长曲线。 据调研信息显示，公司 2025 年前三季度展现强劲盈利韧性，实现营业收入约 36.70 亿元，归母净利润 约 2.98 亿元。其中养殖业作为压舱石优势显著，不仅贡献 28.96 亿元营业收入与 3.08 亿元归母净利 润，更凭借自繁自养重资产模式具备超强抗风险能力 —— 即便在当前猪价低迷的行业环境下，仍保持 现金流持续为正。同时，公司精准聚焦广东、海南高售价优势区域，该区域猪肉消费需求旺盛、价格竞 争力全国领先，叠加降本增效措施持续落地见效，进一步巩固养殖业务盈利优势。 11 月 25 日，京基智农（000048.SZ）接待天风证券、浙商证券、兴业证券等多家机构联合调研，公司 副总裁、董事会秘书蓝地，战略运营中心总经理廖振晖出席并回应市场关切。 财务数据层面，2025 年三季度末公司资产负债率 59.2%，较上年末下降 1.05%，且以无息负 ...

天眼查App显示，近日，泸州市江阳区新高度板材中心（个体工商户）成立，法定代表人为李奇，注册 资本5万人民币，经营范围为一般项目：人造板销售；建筑材料销售；木材加工；木材销售；五金产品 零售；普通货物仓储服务（不含危险化学品等需许可审批的项目）；家具销售；家具零配件销售；家居 用品销售；塑料制品销售。（除依法须经批准的项目外，凭营业执照依法自主开展经营活动）。 ...