◆国内新闻 国家统计局：11月份制造业PMI为49.2% ◆国际新闻 大众汽车集团任命Ludwig Fazel担任集团战略新负责人 大众汽车集团当地时间11月28日发表声明称，Ludwig Fazel将于2025年12月1日起正式出任集团战略、集团产品战略及总秘 书处负责人。此前他同时担任大众集团零部件公司首席运营官，并兼任集团技术部门战略与平台业务负责人。在新职位上， Ludwig Fazel将直接向大众集团首席执行官奥博穆汇报。 11月30日，国家统计局发布数据显示，11月份，制造业采购经理指数（PMI）为49.2%，比上月上升0.2个百分点，景气水平 有所改善。从企业规模看，大型企业PMI为49.3%，比上月下降0.6个百分点，低于临界点；中、小型企业PMI分别为48.9%和 49.1%，比上月上升0.2个和2.0个百分点，均低于临界点。 动力电池回收标准稳链经验交流座谈会在福建宁德召开 据国家市场监督管理总局官网消息，动力电池回收标准稳链经验交流座谈会11月27日在福建宁德召开。会议强调，要加强 动力电池回收利用标准化技术组织建设，加快有关标准研制，不断优化和完善我国动力电池回收利用标准体系。要充分认 ...

Group 1 - Zhipu AI confirmed that its organizational adjustments involved over ten personnel, with a focus on the MaaS strategic transformation, despite rumors of a significant department dissolution [1] - Sam's Club in Shanghai was fined for selling substandard products, including FILA scooters and children's items, totaling approximately 0.8 million and 1.1 million yuan respectively [1] Group 2 - Good Products announced the termination of a share transfer agreement with Wuhan Yangtze International Trade Group, meaning the state-owned asset management's entry into the company has failed [4] - Alibaba and Ant Group jointly invested 9.25 billion yuan to establish their Hong Kong headquarters, aiming to expand international business [4] - Nvidia's CEO stated that the company's market share in China's high-end chip market has dropped from 95% to 0% due to U.S. export controls, calling the technology blockade a mistake [4] Group 3 - WeChat clarified that it will not implement a visitor feature for Moments to avoid increasing social pressure, and there will be no second editing function for historical posts [8] - NIO responded to a lawsuit from Singapore's sovereign fund, stating it originated from previous unfounded allegations and that an independent investigation had cleared the company [8] Group 4 - Tesla updated the expected delivery date for the Model Y L to December 2025, allowing for orders to be placed before the end of the year [9] - Ele.me announced a stock buyback plan for employees, allowing them to exchange options for cash or Alibaba Group shares at a price of 36 yuan per share [9] Group 5 - Xiaoma Zhixing passed the Hong Kong Stock Exchange hearing, with projected revenue growth of 43.3% in the first half of 2025, driven by a significant increase in Robotaxi business [12] - Aishi Technology completed a 100 million yuan B+ round financing, with a user base of 100 million and an annual recurring revenue exceeding 40 million USD [13] Group 6 - The third-generation Lynk & Co 03 family was launched with prices starting at 10.38 million yuan, featuring advanced driving assistance technology [18] - Meituan announced the open-sourcing of its LongCat-Audio-Codec, providing a comprehensive toolchain for audio signal processing [20] Group 7 - The Chinese television market saw a decline in brand unit shipments, with a reported 727 million units shipped in Q3 2025, a year-on-year decrease of 10.4% [20] - Morgan Stanley predicts that the flying car industry will create a market size of 300 billion USD by 2030, with China potentially becoming the largest market for low-altitude urban transportation [20]