海南免税专家 - 解析黄金珠宝和电子产品趋势 20260105 摘要 2025 年末新政实施后，叠加封关政策、官方宣传和消费券刺激，黄金 珠宝销售额占比从 5%-10%跃升至 30%-40%，显著拉动整体销售增长， 但 2026 年初已回归常态。 离岛免税政策下，黄金珠宝品类毛利率约为 30%，净利率达 20%- 25%。政府消费券直接补贴消费者，不影响商家毛利，但显著提升了离 岛免税店的竞争力。 周大福等品牌在 2025 年 12 月单店流水超千万元，日流水近百万元。 中腰部消费券（1 万-2 万）使用最频繁，大额消费券（5 万）占比 10%-20%，主要用于购买高价值商品。 2026 年元旦期间，三亚商务局数据显示同比增幅达 100%-120%，但 黄金珠宝品类贡献不大，占比约为 10%-20%，主要增长仍集中在香化、 时尚精品和酒水等传统强势品类。 消费者对黄金产品的偏好取决于需求：保值选按克计价，婚庆选一口价。 但 2026 年起，按克计价金条或不再纳入免税商品，可能影响销量。 Q&A 海南免税店目前有哪些黄金珠宝品牌？合作模式是怎样的？ 目前海南免税店主要有三个黄金珠宝品牌：周大福、六福和老庙。周大 ...

Core Viewpoint - Huawei has introduced a smart parking feature for its Mate 80 and X7 series smartphones, which automatically records the parking location and provides indoor navigation to help users find their vehicles [2][3]. Group 1: Smart Parking Feature - The smart parking feature allows users to automatically record the floor and specific location of their parked vehicles, and provides navigation services to guide them back to their original parking spot [2][3]. - The operation path for this feature includes accessing the "My" section, selecting "Dynamic Management" from the menu, granting location permissions, and enabling the "Parking" function in "Service Dynamics" [2][3]. - This feature is applicable to all vehicle brands and is triggered automatically upon exiting the vehicle, eliminating the need for manual operation [2][3]. Group 2: Compatibility and Expansion - The smart parking feature is not only available for the Mate series but is also compatible with the Pura 80 series, including models such as Pura 80 Pro, Pro+, Ultra, Mate XTs, Mate 70 Pro+, and RS, provided they are upgraded to HarmonyOS version 6.0.130 [3][4]. - As of now, the service has been implemented in over 20,000 parking lots across the country and is continuously expanding [2][3].

作者｜邱晓芬 2025年，手机圈在成本飙升的"超级周期"中迎来残酷洗牌。当零部件成本普涨10%-25%，市场被一道600美金的红线切开：中低端陷入存量塌陷，唯有高端 市场凭借AI与生态逆势扩张。 "透视图"栏目在年终特别策划了"36氪年度总结"系列，用数据透视2025全年趋势，以图片呈现今年商业世界中不可错过的要点。 36氪制图 苹果：不装了，基础款也给"全家桶" 面对国产追击，苹果不再矜持。iPhone 17基础款不再"挤牙膏"，破天荒补齐高刷等核心短板，销量在中国近乎翻番，成为统治10月的绝对主力。哪怕AI迟 到，苹果仍凭基础款的"降维打击"守住了高端大盘。 小米:敢用高端换未来 10 5 - 3.7% 0 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 vivo: 成也中端,危也中端 10 5 2.7% 0 2024 Q2 2024 Q3 2024 Q1 2024 Q4 2025 Q1 数据来源：IDC · "600美元以上"手机市场2024年Q1至2025年Q3的市占率变化 高端将是唯一增长的市场 2026年, 数据来源:IDC 36氪制图 华为：硬刚五年，终夺王位 靠 ...

Group 1 - Huawei has launched the Mate 80 and Mate X7 series smartphones, both equipped with the latest HarmonyOS 6 system [1] - There are questions from users regarding why the Mate 80 and Mate X7 cannot upgrade from HarmonyOS 4.X, unlike the Pura 80 and Mate 70 [1] - Huawei's official statement indicates that HarmonyOS 6 meets the majority of daily usage scenarios and offers significant improvements in performance, functionality, experience, and application compatibility compared to HarmonyOS 4/5 [1] Group 2 - Huawei's Executive Director, Yu Chengdong, announced that devices running HarmonyOS 5 and HarmonyOS 6 have officially surpassed 27 million units, with an average of 100,000 new devices added daily [4]

华为发布Mate80系列手机，Mate 80起步配置12GB+256GB售价4699元；Mate 80 Pro起步配置12GB+256GB售价5999元；Mate 80 Pro Max起步配置16+512GB售价7999元；Mate 80 RS起步配置20+512GB售价11999元。🗒️Mate 80比前代降价300元，Pro和Pro Max（之前叫Pro+）降价500元。 https://t.co/5gRx9h3pfL ...

Core Viewpoint - The article discusses the global risk-off sentiment affecting various markets, including declines in U.S. stocks, Japanese stocks, cryptocurrencies, and even gold. It highlights the investment strategies of former President Trump, who purchased significant amounts of corporate and municipal bonds during this period [1]. Market Overview - The article notes that the A-share market experienced a collective decline on November 18, with the Shanghai Composite Index down 0.81%, the Shenzhen Component down 0.92%, and the ChiNext Index down 1.16%. The total trading volume across the three markets was 1,946.17 billion yuan, an increase of 15.701 billion yuan from the previous day [16]. - Over 4,100 stocks in the market fell, with 63 stocks hitting the daily limit up, while 23 stocks were locked, and 17 stocks had consecutive limit-ups, with the maximum being six consecutive limit-ups [16]. Sector Analysis - The lithium battery sector faced a downturn due to profit-taking and rumors regarding price increases being debunked. Additionally, there were reports of a price war in the energy storage sector, with prices dropping by 30% [12]. - The AI application sector saw some stocks rise against the trend, with companies like Rongji Software and Inspur Software performing well [16]. - The semiconductor sector remained active, driven by concerns over supply chain security due to changing Sino-Japanese relations and the upcoming IPOs of domestic companies [16]. Financial Support Initiatives - The People's Bank of China and 12 other departments issued a plan to boost consumption in Beijing, particularly focusing on financial support for automobile loans, including incentives for new energy vehicle purchases [23]. Investment Trends - The article highlights that the main funds saw a net outflow of 87.67 billion yuan, with the largest outflows occurring in the electric equipment sector. Conversely, sectors like media, computing, and communication saw net inflows [26]. - Notable stocks with significant net inflows included Liou Shares and Huasheng Tiancai, while companies like Tianshi Materials and Yangguang Electric Power experienced the largest net outflows [26]. Valuation and Market Sentiment - The article indicates that sectors such as media, computing, and electronics are leading in performance, while coal, electric equipment, and steel are lagging. The trading heat in sectors like defense, basic chemicals, and agriculture has increased, with some sectors like agriculture and non-bank financials currently at historical low PE percentiles [33].