华为将依托全栈AI基础设施能力，支持优必选建设具身智能创新中心，并基于场景打造"人形机器人 +智慧工厂"联合示范方案，开发家庭服务人形机器人(包含双足和轮式人形机器人)等方面展开合作。 近年来，华为加速人形机器人领域的布局。2024年6月21日，华为开发者大会(HDC2024)在东莞松山湖 开幕。会上发布了盘古大模型5.0，并展示了乐聚夸父人形机器人搭载盘古具身智能大模型后在工业、 家庭场景中的泛化潜力，引起广泛关注。日前，华为旗下投资平台哈勃科技接连入股具身智能机器人研 发商千寻智能与工业软件企业同元软控，进一步拓展其在人工智能与高端制造领域的战略版图。 华为+优必选，腾讯云+越疆，本土大厂纷纷携手人形机器人深企，前日多个协议签订，加速具身智能 技术创新及多场景应用落地。 华为支持优必选 建设具身智能创新中心 5月12日，华为与优必选科技在深圳正式签署全面合作协议。双方将围绕具身智能和人形机器人领域， 在产品技术研发、场景应用及产业体系等开展创新合作。 协议约定，双方将通过发挥华为昇腾、鲲鹏、华为云及大模型等能力与华为在研发、生产供应等经验， 结合优必选全栈式人形机器人技术，推动人形机器人从实验室创新向工业 ...

Core Insights - The news highlights the rise of Fan Daidi, the new vice president of Northwest University, who has become the richest person in Shaanxi with a net worth exceeding 45 billion yuan [3][17] - Fan Daidi is a co-founder of Juzi Biotechnology, which specializes in recombinant collagen products and has seen significant growth in its stock price and market capitalization [4][12] Company Overview - Juzi Biotechnology was founded in 2000 by Fan Daidi and her husband, Yan Jianya, focusing on the commercialization of recombinant collagen technology [4][5] - The company went public on the Hong Kong Stock Exchange in November 2022, becoming the first stock in the collagen sector [4] - Juzi Biotechnology is recognized as a global leader in recombinant collagen, with a strong market position and profitability [4][9] Financial Performance - Juzi Biotechnology has experienced continuous revenue and net profit growth for five consecutive years, with revenue reaching 35.26 billion yuan in 2023 and projected to grow to 55.39 billion yuan in 2024 [10] - The company's net profit for 2023 was 14.52 billion yuan, expected to rise to 20.62 billion yuan in 2024, reflecting growth rates of 44.88% and 42.06% respectively [10] - The operating cash flow has also shown consistent growth, with net cash flows of 9.32 billion yuan in 2022, 16.47 billion yuan in 2023, and projected 20.41 billion yuan in 2024 [10] Stock Market Performance - Juzi Biotechnology's stock price has surged approximately 65% in 2023, with a market capitalization increasing from 51.7 billion HKD at the beginning of the year to 88.3 billion HKD by May 13, 2023 [11][12] - The stock reached a high of 83.35 HKD per share on May 6, 2023, reflecting strong investor interest and confidence in the company's growth trajectory [11] Ownership Structure - Fan Daidi and Yan Jianya hold approximately 56% of Juzi Biotechnology through a family trust, contributing significantly to their wealth, which totals around 476.7 billion yuan [13][16] - In addition to their holdings in Juzi Biotechnology, the couple also has indirect stakes in Triangle Defense, valued at approximately 1.97 billion yuan [15][16]

Core Viewpoint - The successful IPO of Hu Shang Ayi on May 8, 2023, highlights strong market interest, with a subscription multiple of nearly 3400 times and a total subscription amount exceeding 92 billion HKD, making it one of the hottest new stocks post-regulatory changes in Hong Kong [1] Group 1: Company Overview - Hu Shang Ayi was founded in 2013 and gained national popularity with its "blood glutinous rice milk tea" [1] - As of 2024, the company operates over 9,000 stores, with more than half located in tier-three and below cities, and 99.7% of its stores are franchisee-operated [2] - The company has three brand concepts: Hu Shang Ayi, Hu Ka, and Qing Xiang Ban, focusing on freshly made beverages and coffee [1] Group 2: Financial Performance - The company's revenue for 2022, 2023, and 2024 was 2.199 billion CNY, 3.348 billion CNY, and 3.285 billion CNY, respectively, with net profits of 149 million CNY, 388 million CNY, and 329 million CNY [2] - A slight revenue decline of 1.9% is projected for 2024, attributed to decreased income from franchises and self-operated stores [2] - The number of closed franchise stores in 2022, 2023, and 2024 was 393, 370, and 987, respectively [2] Group 3: Market Strategy and Challenges - Approximately 25% of the IPO funds will be allocated to enhancing digital capabilities and optimizing membership management systems [2] - The average GMV per franchise store decreased from 1.6 million CNY in 2023 to 1.4 million CNY in 2024, impacting the demand for ingredients and raw materials [3] - Despite challenges, the company continues to expand its franchise network, particularly in tier-two and tier-three cities, while reducing its presence in new first-tier cities [3]

Core Viewpoint - Tencent Holdings is expected to report strong Q1 2025 results, with revenue and earnings per share projected to grow by 10% and 20% year-on-year, respectively, driven by high-margin businesses like advertising and gaming, along with operational leverage [1][2] Revenue and Earnings Forecast - Goldman Sachs estimates Tencent's revenue for the year to grow by 10% and earnings per share by 14%, supported by its unique WeChat ecosystem and diverse revenue channels [1] - Nomura forecasts Tencent's Q1 total revenue to reach RMB 1,760 billion, aligning with market consensus, with non-IFRS operating profit expected to increase by 19% to RMB 700 billion [2] - Guosen Securities predicts Tencent's Q1 revenue at RMB 1,765 billion, reflecting an 11% year-on-year growth [3] Business Segment Performance Gaming - Guosen Securities anticipates Tencent's online gaming revenue to be RMB 561 billion in Q1, a 17% increase year-on-year, with strong performance from established games and new releases [4] - Nomura expects online gaming revenue to grow by 15% in Q1, driven by popular titles like "Honor of Kings" and new games [2] Advertising - Guosen Securities projects Tencent's online advertising revenue to reach RMB 313 billion in Q1, an 18% increase year-on-year, supported by the growth of video accounts and enhanced advertising technology [4] - Nomura predicts a 19% year-on-year increase in online advertising revenue, primarily driven by video account ads [2] Financial Technology and Enterprise Services - Guosen Securities estimates revenue from financial technology and enterprise services to be RMB 550 billion in Q1, reflecting a 5% year-on-year growth [5] - The growth in payment services is linked to offline consumption trends, with a notable increase in non-financial institution deposits [5] Profitability and Cost Structure - Guosen Securities forecasts a non-IFRS net profit of RMB 609 billion for Q1, representing a 21% year-on-year increase, with a profit margin of 34.5% [6] - The impact of AI investments on margins and expenses is noted, with a focus on high-margin business areas [6]

秘鲁财政部长、内政部长和交通部长辞职。 ...

华峰化学（002064）5月13日晚间公告，因相关议案未获得股东大会有效表决权总数的2/3以上通过，决定终止对华峰合成树脂及华峰热塑的关联并购事 项。 关联收购终止 本次拟终止的交易是同一控制下的企业并购。 2024年10月29日，华峰化学首次披露，拟以发行股份和支付现金的方式购买华峰集团持有的浙江华峰热塑性聚氨酯有限公司(以下简称"华峰热塑")100%股 权以及华峰集团、尤小平、尤金焕、尤小华共同持有的浙江华峰合成树脂有限公司(以下简称"华峰合成树脂")100%股权。华峰集团为公司控股股东，尤小 平为公司实际控制人，尤金焕、尤小华为公司关联自然人，本次交易构成关联交易。 2025年4月12日，华峰化学披露交易草案，华峰合成树脂100%股权的交易价格为40.4亿元，增值率506.96%，华峰热塑100%股权的交易价格为19.6亿元， 增值率478.49%。本次交易价格合计60亿元，其中，上市公司拟现金支付6亿元，发行股份支付54亿元。 华峰化学称，本次交易可以逐步实现上市公司聚氨酯产业一体化发展的战略目标，并将进一步拓宽上市公司在聚氨酯产业链上"纵向延伸、横向拓展"的空 间和潜力。 净利润连续三年下滑 华峰化 ...

Core Viewpoint - The recent IPO of Hu Shang A Yi marks a significant entry into the competitive tea beverage market, showcasing strong investor interest and a strategic focus on expanding its presence in lower-tier cities [2][4][8]. Company Overview - Hu Shang A Yi was founded in Shanghai in 2013 and gained popularity with its "blood glutinous rice milk tea" [7]. - The company operates a substantial network of tea beverage stores, ranking as the fifth and fourth largest in China as of 2022 and 2023, respectively [7]. - As of 2024, Hu Shang A Yi has over 9,000 stores, with more than half located in tier-three cities and below [8][9]. IPO Details - The company priced its shares at HKD 113.12, issuing 2.4113 million shares, and received a subscription multiple of nearly 3,400 times during the IPO phase [4][6]. - The expected net proceeds from the global offering are approximately HKD 195 million [6]. Financial Performance - Hu Shang A Yi's revenue for 2022, 2023, and 2024 was CNY 2.199 billion, CNY 3.348 billion, and CNY 3.285 billion, respectively, with net profits of CNY 149 million, CNY 388 million, and CNY 329 million [8]. - The company experienced a slight revenue decline of 1.9% in 2024, attributed to reduced income from franchise operations and self-operated stores [8]. Strategic Focus - The company plans to allocate approximately 25% of its IPO proceeds to enhance digital capabilities, 20% for product development and material upgrades, and 20% to strengthen supply chain capabilities [7]. - Hu Shang A Yi aims to expand its franchise network while facing intense competition in the tea beverage sector, particularly in lower-tier markets [9]. Market Position - The tea beverage industry is currently experiencing heightened competition, with Hu Shang A Yi focusing on expanding its presence in lower-tier cities while reducing its footprint in new first-tier cities [9].

智通财经APP讯，冠轈控股(01872)公布，于2025年5月13日(联交所交易时段后)，该公司的全资附属公 司AlphaMind AI订立两份不具法律约束力的谅解备忘录。第一份备忘录为与深圳晶泰所订立者(晶泰谅 解备忘录)，而第二份为与深圳黎姿瑞雅所订立者(黎姿谅解备忘录)。 截至晶泰谅解备忘录日期，深圳晶泰(或其联属公司)为两项重大专利的申请人及拥有人： (i)CN202311128222.7芳基或杂芳基取代的氨基甲酸酯类化合物及其衍生物和用途;及 (ii)CN202311247312.8环肽的合成及应用(统称"目标专利")。此外，深圳晶泰持有目标化合物XTP-118以 及任何含有该目标化合物的产品相关专有技术的知识产权(连同目标专利，统称"目标知识产权")。 根据晶泰谅解备忘录 的条款，AlphaMind AI(或其指定联系人)拟取得目标知识产权在全球市场的独家许 可，该许可将使AlphaMind AI(或其指定联系人)得以在全球开发、制造、使用、销售及进口目标化合物 XTP-118及╱或相关产品。 根据黎姿谅解备忘录的条款，AlphaMind AI(或其指定联系人)拟取得及使用与目标商标相关的权利，以 ...

Core Insights - Jiangnan Buyi, a prominent Chinese designer brand, has maintained a unique development strategy over its 31 years, balancing brand integrity with market adaptability to secure its position in the competitive fashion industry [2] - The brand emphasizes art as its core DNA, promoting co-creation among art, culture, and commerce through a diversified brand matrix and cross-industry collaborations [2] - Jiangnan Buyi is committed to social responsibility, exemplified by its "Bu Jin Qi Yong" public welfare project aimed at fabric innovation and the preservation of traditional crafts [2] Brand Development - The brand matrix includes various segments such as women's wear (JNBY), men's wear (Suxie), children's wear (jnby by JNBY, Pengma), home goods (JNBYHOME), sustainable living (RE;RE;RE;LAB), professional children's sportswear (onmygame), and fashion boutique (B1OCK) [8] - Suxie, the only men's wear brand in the matrix, celebrates its 20th anniversary with the "Second Twenty" design theme, focusing on a long-term style that transcends trends [4] - The jnby by JNBY children's brand integrates contemporary art into its designs, launching an "Art Classroom" project in 2024 to connect with families [6] Social Responsibility and Employee Welfare - Jiangnan Buyi has demonstrated strong social responsibility by maintaining employment and salary levels, providing additional insurance for frontline employees, and allowing 100% returns for distributors [8] - These initiatives enhance trust and loyalty among employees and distributors, contributing to stable development amid economic uncertainties [8] Future Outlook - B1OCK plans to unveil its expansion blueprint for 2025, including the opening of a flagship store in Anaya in June and the highly anticipated Martin Margiela exhibition in October [10] - The brand aims to continue its role as a growing fashion concept store, curating high-profile exhibitions annually to blend art and fashion in retail [10] - Jiangnan Buyi's "multi-dimensional symbiosis" ecosystem integrates deeply into the lives of its members, providing a unique design model for the fashion business ecosystem [10]

永旺在中国内地开设的首家综合百货超市被曝将要关闭。 近日，有网友在社交平台上发帖称，永旺广州天河城店（下称"永旺天河城店"）将在今年6月正式歇业。5月13日，南都湾财社记者多方求证了解到，永旺天 河城店所在的位置确实将启动焕新改造，永辉超市胖东来版调改店将取代永旺超市入驻广州天河城。 永旺天河城店于1996年7月开业，营业至今接近29年了。按照其此前签订的合同，其在天河城负一楼的租约将在今年6月到期。 永旺天河城店将撤场？ 多方回应：所处商场将改造，永辉将入驻 5月13日下午，南都湾财社记者走访位于广州天河城负一楼的永旺综合百货，百货内除了有永旺超市外，还有服饰、家电、日用品等专区，同时还设有茶叶 零售店、奶茶咖啡店、家电品牌专卖店。记者走访时为下午2点左右，商城内人气依旧旺盛，不少市民前来选购面包、水果、饮料等产品。 对于永旺撤场一事，永旺商场前台客服告诉记者，目前尚未收到通知。多位商户表示，前一段时间商场内都在传撤场，但目前仍未有官方公告，大家都在等 待，"我们也想早点知道（结果）""听周围的商铺说六月底走，但没收到消息，不确定"，至于若商场撤场后工作人员何去何从，有商户称"这不是我们能决 定的事情"，有 ...