RT Kreg Peeler (@kregpeeler)Chargepoint + @EVjectOfficial for the win ⚡️Working great with @Tesla J1772 adapter and @cybertruck https://t.co/HQTMzE3STv ...

" 所有的犹豫，都是理想与现实的考量，所有焦虑，都是赤子之 心。 " 作者丨余快 编辑丨刘伟 2019年双11，J1上市的那天晚上，所有人盯着看板，刚开始系统卡顿， 数字在0停留了大概40秒。 那时候张峻彬心想："完蛋了，三年多的青春，背了200多万债，还跟银行借了200多万个人贷款。" 突然啪一下，数字猛飙，J1上市第一天就卖了3000多台，销售额超1000万元。张峻彬开心了几十秒就被 高管拉出去说："怎么办？怎么办？没货啊。" 当时云鲸只备了1000台货，于是云鲸连夜生产，有同事甚至下产线当工人扭螺丝，客服只有5个人，张峻 彬下场当客服。 先是40秒漫长的绝望，再是10秒短暂的喜悦，而后30秒又开始焦虑。2019年11月11日，随着产品发布 的按钮按下，张峻彬的人生被按下了快进键。 在接下来的几年里，团队规模从200人急速扩张到1000人。投资人的严苛审视、行业前辈的冷水浇头、竞 争对手的围追堵截......供应链、产品、营销、组织......每一天都在经历着新的问题和挑战。 "我以为我做完一个产品就结束了，我就可以 move on，结果你发现还是个开始。"张峻彬说。 机器人启蒙老师刘海峰教会了张峻彬如何 ...

Financing Overview - Yunshen Technology has completed a new round of financing amounting to nearly 500 million RMB, led by Dachen Caizhi and Guoxin Fund, with participation from various other investment institutions [2] - The financing will enhance Yunshen's capabilities in technology and product development, application expansion, and talent acquisition, solidifying its leading position in the quadruped robot sector [2][5] Company Background - Yunshen Technology was founded in 2017 by Zhu Qiuguo, a professor at Zhejiang University, who has a strong background in mechanical and electronic engineering and control science [3][5] - The company has become a leader in the global quadruped robot field, attracting top talent from prestigious universities [5] Investment Focus - The new funding will primarily be directed towards expanding production lines for quadruped robots and developing humanoid robot technologies [5] - Zhu Qiuguo emphasized the explosive growth opportunity in the embodied intelligence industry, indicating that the successful financing reflects market confidence in Yunshen's technology and commercialization prospects [5] Industry Position - Since its inception, Yunshen Technology has focused on the independent research and development of humanoid and quadruped robots, becoming the industry leader in applications such as power inspection and emergency rescue [7] - The company has launched several models of quadruped robots, including the Zhi Ying series, and has achieved over 600 industry project implementations across various sectors [8] International Expansion - Yunshen's quadruped robots have been successfully applied in international markets, including the Singapore national grid project, marking a significant milestone for Chinese quadruped robots in overseas applications [8][10] - The company is also exploring collaborations in tourism and community services, showcasing the versatility of its robotic solutions [10]

上映10天后，《F1：狂飙飞车》的猫眼预测票房几乎翻了四倍。这部电影创造了暑期档第一个惊喜的同时，也捧红了戴姆森·伊德瑞斯（Damson Idris）这名演员。当然，高端生活方式品牌Tommy Hilfiger也顺势捞了一把热度。 作为电影赞助商之一，Tommy Hilfiger实际早在几个月前就开始造势。今年5月份，伊德瑞斯登上Met Gala红毯时，不仅极其夸张地驾驶一辆赛场 亮相，还头戴一顶镶满水晶的赛车头盔，身穿Tommy Hilfiger赛车服，并在完成拍摄后，被工作人员一把撕开服装，露出穿在里面的Tommy Hilfiger红色三件套西装。 Tommy Hilfiger赞助《F1：狂飙飞车》并非无的放矢。伊德瑞斯的两套红毯造型，显然是在强调品牌和电影，乃至品牌与赛车这项运动的深度关 联。与此同时，Tommy Hilfiger推出了与电影中虚拟的车队同名的全新限量服装系列APX GP系列。该系列包括T恤、配饰、赛车条纹夹克等，将 赛车灵感风格与品牌标志性的学院风融合。Tommy Hilfiger还早早签下伊德瑞斯作为APXGP系列的代言人，电影中，他便直接穿着这一系列的服 饰出镜。 这固然有些可惜。 ...

证券研究报告 | 2025年06月28日 纺织服装海外跟踪系列六十一 耐克管理层指引最差时间已过，2026 财年有望逐季改善 行业研究·行业快评 纺织服饰 投资评级：优于大市（维持） 证券分析师： 丁诗洁 0755-81981391 dingshijie@guosen.com.cn 执证编码：S0980520040004 证券分析师： 刘佳琪 010-88005446 liujiaqi@guosen.com.cn 执证编码：S0980523070003 事项： 公司公告：2025年6月27日，耐克披露截至2025年5月31日的2025财年及第四季度业绩：2025财年公司实现 收入463亿美元，同比-10%，不变汇率口径-9%；第四季度实现收入111亿美元，同比-12%，不变汇率-11%。 国信纺服观点：1）业绩和指引核心观点：FY2025Q4 收入超出彭博一致预期和管理层指引，最差时期已过， Win Now 战略及关税负面影响在 FY2026 有望逐季缓解；2）FY2025 业绩：收入和利润小幅超出彭博一致预 期，大中华区需求疲软形成拖累，部分地区库存去化效果显著，库存将于 FY26H1 末达到健康水平；3） ...

Core Insights - The article highlights the emotional connection between Nike's CEO Elliott Hill and Rory McIlroy's recent golf victory, which symbolizes hope and resilience for the company amidst its struggles [1][3] - Nike has faced significant challenges, including a 12% decline in sales and an 86% drop in profits for the fourth quarter, leading to a nearly 40% decrease in stock price over the past year [2][5] Financial Performance - For the fiscal year 2025, Nike reported global revenue of $46.3 billion, down from $51.4 billion in 2024, with Greater China revenue decreasing from $7.5 billion to $6.585 billion [10] - The diluted earnings per share for fiscal year 2025 was $2.16, a 42% decline [10] - In the fourth quarter, North America revenue fell by 11%, EMEA by 10%, Greater China by 20%, and APLA by 3%, with EBIT declining across all regions, particularly in Greater China by 45% [10][14] Strategic Changes - Elliott Hill has initiated significant changes since taking over as CEO, including a shift back to focusing on athletic performance and rebuilding relationships with wholesale partners [10][11] - The company is implementing price increases in the U.S. to counteract tariff pressures and is reducing reliance on Chinese exports for footwear [7][16] - Nike aims to restore double-digit operating profit margins and expects a decrease in sales decline for the first quarter of fiscal year 2026 compared to the 12% drop in the fourth quarter of fiscal year 2025 [7][10] Market Challenges - The Greater China market remains a significant challenge, with a 20% revenue decline attributed to deeper inventory adjustments and high discounting [14] - Nike is focusing on enhancing its brand image through sports and is planning to introduce new product concepts tailored to the Chinese market [14][16] Product Focus - Nike's running category has shown signs of recovery, with a high single-digit growth in running products, driven by investments in models like Pegasus and Vomero [19][20] - The company is also launching new innovative products, including Vomero Plus and Vomero Premium, to strengthen its position in the competitive running market [20]

Financial Data and Key Metrics Changes - For Q4, revenues decreased by 12% on a reported basis and 11% on a currency-neutral basis [28] - Gross margins declined by 440 basis points to 40.3% due to higher wholesale discounts and supply chain cost deleverage [28] - Earnings per share was $0.14, with full-year revenue down 10% on a reported basis [29] Business Line Data and Key Metrics Changes - Nike Direct revenues were down 14%, with Nike Digital declining 26% and Nike Stores increasing by 2% [28] - In North America, Q4 revenue declined 11%, with Nike Direct down 14% and wholesale down 8% [31] - In EMEA, Q4 revenue declined 10%, with Nike Direct down 19% and wholesale down 4% [33] - Greater China saw a 20% revenue decline, with Nike Direct down 15% and wholesale down 24% [35] Market Data and Key Metrics Changes - North America made progress in cleaning up the marketplace, with a focus on repositioning Nike Digital as a full-price model [31] - EMEA demonstrated growth in key performance dimensions, with women's sportswear footwear returning to growth [34] - APLA experienced a 3% revenue decline, with mixed results across countries [38] Company Strategy and Development Direction - The company is implementing "WinNow" actions to reposition its brands and business for future growth, focusing on sport and innovation [26][27] - A new partnership with Amazon will feature a select assortment of footwear and apparel, aimed at expanding distribution [17] - The company is reorganizing into sport-focused teams to drive deeper relationships with athletes and enhance product innovation [12] Management's Comments on Operating Environment and Future Outlook - Management acknowledged that Q4 results were not up to Nike's standards but expressed optimism about future improvements [7] - The company expects headwinds to revenue and gross margin to begin to moderate, with a clear path to recovery ahead [22][44] - Management emphasized the importance of inspiring and innovating for consumers, with a focus on returning to sustainable growth [25] Other Important Information - The company is facing new tariffs that are expected to increase costs by approximately $1 billion, with plans to mitigate this impact over time [42][43] - Inventory remains elevated but is being managed down, with a goal to exit the first half of fiscal 2026 in a healthy position [30][47] Q&A Session Summary Question: Can you elaborate on the accelerated actions under your sport offense realignment? - The company is organizing into sport-obsessed teams to drive a relentless flow of innovative products across all brands, focusing on performance and sportswear [61][62] Question: What is the expected impact of tariffs in Q1? - The first quarter will see a larger impact from tariffs, but the company is confident in its ability to mitigate these over time as actions are implemented [74][77] Question: Are you expecting gross margin pressures to abate sequentially? - Margins are expected to remain under pressure in the first half of fiscal 2026, but moderation is anticipated in the second half [79][80] Question: Can you discuss the timeline for recovery in the China marketplace? - The company believes in the long-term opportunity in China and is focused on inspiring consumers, although recovery will take time due to unique market characteristics [102]

由中山大学附属第一医院团队牵头联合美国罗格斯大学科研人员破解细胞膜的"脆弱密码"，有望为治疗 脓毒败血症等与炎症风暴相关的疾病探索新思路，该研究结果在线发表在《自然》(Nature)。 中山大学附属第一医院精准医学研究院研究员许杰11日在该院举行的新闻发布会上表示，通过调控或抑 制这个蛋白，可以在炎症发展初期把相关死亡细胞"包裹"，降低炎症风暴的发生概率，"这样给临床上 对病人的处理赢得宝贵的时间，意义重大"。 细胞膜就像保护细胞的"城墙"，维持着细胞内外环境的稳定。但当细胞遭遇外力挤压、血流冲击或组织 拉伸时，细胞膜可能破裂，并将细胞内容物(如DNA、炎性分子)倾泻而出，引发周围细胞的强烈反应。 这种被称为"质膜破裂"的现象，不仅是多种细胞死亡的最终结局，更是免疫激活、组织损伤乃至炎症风 暴的重要触发点。然而，长期以来医学界一直存在着未解问题：当机械力过强时，是什么决定了细胞膜 是否会"撕裂"？是否有专门的调控因子参与这类极端应激反应？ 为此团队对几千个人类多跨膜蛋白进行系统性敲低筛选，通过自主创新的高通量机械张力刺激设备，发 现一种名为NINJ1的跨膜蛋白在多种细胞类型中都显著影响机械张力下膜破裂的概率。 ...

Group 1 - The article highlights the increasing involvement of Chinese heavy machinery in infrastructure projects across Africa, particularly from Changsha, known as the manufacturing hub for engineering machinery [1] - SANY Group, a leading Chinese equipment manufacturer, showcased 17 products at the China-Africa Economic and Trade Expo, emphasizing its commitment to the African market with the theme "SANY Light Up Africa" [1][3] - SANY's exhibition featured a focus on renewable energy, including the establishment of the "SANY Africa Zero Carbon Technology Park," which demonstrated integrated solutions for microgrid construction [3] Group 2 - The SANY exhibition included a self-sufficient power supply system using high-efficiency solar panels and backup generators, showcasing the company's capability to adapt to the African market [3] - SANY Group and the SANY Foundation initiated a public welfare challenge at the expo, where participants could donate solar lamps to underprivileged areas in Africa, highlighting the company's social responsibility efforts [3] - Since entering the African market in 2002, SANY has established a service network across all 54 African countries, achieving over 20 billion yuan in sales and maintaining a fleet of over 23,000 units [3] Group 3 - Zoomlion Heavy Industry Science & Technology Co., Ltd. (Zoomlion) also participated in the expo, presenting over 10 products that cater to the construction and agricultural needs of Africa [5] - Zoomlion's products are designed to meet the specific performance and quality requirements of the African construction environment, attracting interest from various African clients [5] - With nearly 20 years of experience in Africa, Zoomlion has become one of the major exporters of construction and agricultural machinery, with over 10,000 units in the region [5]

21世纪初期，数码产品的各类接口繁多且复杂，电脑上鼠标键盘就有2种不同接口，其他数码产品如手机、CD机几乎是一个牌子一个接口，互不兼容。 现在新能源汽车大有取代油车之势，而不同国家和地区，充电接口又各不相同。 目前，我国最新的直流充电新国标是GB/T 20234.1-2023《电动汽车传导充电用连接装置第1部分：通用要求》和GB/T 20234.3-2023《电动汽车传导充电 用连接装置第3部分：直流充电接口》两项推荐性国家标准。 新标准在沿用我国现行直流充电接口技术方案（2015年版国标）、保障新老充电接口通用兼容的同时，将最大充电电流从250安培提高至800安培、充电 功率提升至800千瓦，增加了主动冷却、温度监测等相关技术要求，优化完善了机械性能、锁止装置、使用寿命等试验方法，进一步提升传导充电连接装置 的环境适应性、安全性和可靠性，并同时满足直流小功率、大功率充电等实际需要。 目前，世界上主流的充电标准（接口）大概有五类，分别为中国的GB/T20234、日本主导的CHAdeMO标准、特斯拉（NACS），以及美国/欧洲的CCS （联合充电系统）标准。 中国标准GB/T 20234（1.2.3.4） 中国 ...