Group 1: Company Performance - Demingli (001309.SZ) expects a net profit attributable to shareholders of 650 million to 800 million yuan for 2025, representing a year-on-year growth of 85.42% to 128.21%. The net profit after deducting non-recurring gains and losses is projected to be 630 million to 780 million yuan, with a year-on-year increase of 108.13% to 157.68%. The fourth quarter net profit is estimated at 750 million yuan, showing over 11 times growth year-on-year. The rapid increase in storage prices since the fourth quarter is expected to continue driving high growth in the first half of the year [2] - Jin'an Guoji (002636) forecasts a net profit attributable to shareholders of 280 million to 360 million yuan for 2025, indicating a year-on-year increase of 655.53% to 871.40%. The net profit after excluding non-recurring items is expected to be 250 million to 320 million yuan, with a projected year-on-year growth of 4.5 times. The fourth quarter net profit is anticipated to be 135 million yuan, reflecting over 3.8 times growth year-on-year and nearly 1 time growth quarter-on-quarter. The price increase of ordinary copper-clad laminates is expected to cover the rise in upstream raw material costs, supporting continued growth in performance [3] Group 2: Industry Insights - In the advanced manufacturing sector, the domestic power battery installation volume is expected to redistribute in 2025. CATL leads with 333.57 GWh, capturing 43.42% market share, while BYD follows with 165.77 GWh and 21.58% market share. Both companies together hold 65% of the market, but their market shares have decreased by 1.67% and 3.17%, respectively. This shift reflects structural changes in the industry during rapid expansion, with second-tier manufacturers catching up in key performance indicators [6] - He Sheng New Materials anticipates a net profit of 152 million to 171 million yuan for 2025, representing a year-on-year increase of 55% to 75%. The growth is driven by the home appliance appearance composite materials business, with no plans for expansion but rather a focus on supply chain management and cost reduction. The company is also making strides in AI chip development, with significant commercial progress expected in 2026 [8]

比亚迪李云飞转发并回应称："一直以来，我们都是黑公关黑水军的最大受害者！我们接受媒体的批评和监 督，但对于编造虚假信息、恶意造谣、诋毁攻击的黑公关和黑媒体，我们绝不容忍，将一追到底，绝不姑 息！" 1月22日，比亚迪（002594）法务部发文表示，就比亚迪起诉汽车博主姚*强（抖音账号"大秦军陕团"）一 案，公司近期收到法院一审判决，判决认定被告编造并传播了方程豹汽车的虚假信息，损害了比亚迪及方程 豹品牌的商业信誉及商品声誉，构成商业诋毁。判令被告向比亚迪公司赔偿201万元。 比亚迪方面表示，始终尊重并接受社会各界的建议和监督，但网络不是法外之地，对于任何形式的侮辱、造 谣、抹黑等侵权行为，将持续以法律手段维护企业的合法权益。 判决认定：被告发表针对比亚迪公司旗下方程豹品牌车型的贬损言论，诋毁方程豹品牌车型商品声誉，构成 对比亚迪名誉权的侵害。 图片来源 比亚迪李云飞微博截图 此前，比亚迪诉"王悟空说车"网络侵权责任纠纷案胜诉。 2025年11月20日，据@比亚迪汽车法务部，近期，就比亚迪起诉"王悟空说车"及相关账号网络侵权责任纠纷 一案，我司收到法院判决，判令被告在《人民法院报》向比亚迪公司公开道歉并支付赔偿 ...

Core Insights - BYD ranks first among Chinese automakers in sales of assisted driving models, with cumulative sales exceeding 2.56 million units, establishing the "Tian Shen Yan" system as the most installed assisted driving system in the market [1] - The company possesses the largest data foundation in the industry for assisted driving, generating over 160 million kilometers of data daily, which enhances user experience and drives further growth of the data foundation [2] - Starting in the second half of 2025, BYD will significantly increase the frequency of OTA updates, introducing numerous upgrades and new features to enhance user experience [3] - Safety remains a top priority for BYD, with the "Tian Shen Yan" system designed to actively monitor road conditions and prevent accidents, achieving 9.33 million emergency brake activations in 2025 [4] - BYD has committed to covering all safety and loss liabilities for users of the "Tian Shen Yan" parking assistance feature in China, ensuring no impact on insurance premiums for users [5] - Positive user feedback on the "Tian Shen Yan" system is driving sales, with the system becoming a key factor in vehicle purchasing decisions, indicating a shift from optional to essential in the market [6][7] Industry Developments - The "Tian Shen Yan" system is contributing to increased consumer trust in assisted driving technologies, promoting higher penetration rates in the Chinese automotive market [7]

Group 1 - BYD's automobile transport ship "Changzhou" arrived in Argentina with over 5,800 electric and hybrid vehicles, marking a significant milestone for the company in the Argentine market [1][4] - The arrival of Chinese electric vehicles is unprecedented in Argentina, a country historically protective of its local industries through high tariffs and import restrictions [1][3] - The recent signing of a free trade agreement between the Southern Common Market (Mercosur) and the European Union could stimulate demand for electric vehicles in South America, although experts believe European manufacturers cannot compete with Chinese companies [1][3] Group 2 - Argentina's imports surged by 30% last year, driven by a significant reduction in trade barriers under President Milei's administration, contrasting with previous protectionist policies [3][4] - China's exports to Argentina increased by over 57% year-on-year, with new regulations allowing 50,000 electric and hybrid vehicles to enter the market duty-free, benefiting Chinese manufacturers [4][5] - The Argentine government has expressed optimism about the future of its automotive industry, indicating a shift away from the legacy of local production towards embracing global trade [4][5]

#博主编造虚假信息被判赔比亚迪201万#【比亚迪法务部：一汽车博主编造并传播方程豹汽车虚假信息 被判赔偿201万元 #李云飞回应比亚迪起诉汽车博主获赔201万#】1月22日，比亚迪法务部发文表示，就 比亚迪起诉汽车博主姚*强（抖音账号"大秦军陕团"）一案，公司近期收到法院一审判决，判决认定被 告编造并传播了方程豹汽车的虚假信息，损害了比亚迪及方程豹品牌的商业信誉及商品声誉，构成商业 诋毁。判令被告向比亚迪公司赔偿201万元。比亚迪方面表示，始终尊重并接受社会各界的建议和监 督，但网络不是法外之地，对于任何形式的侮辱、造谣、抹黑等侵权行为，将持续以法律手段维护企业 的合法权益。 比亚迪李云飞转发并回应称："一直以来，我们都是黑公关黑水军的最大受害者！我们接受媒体的批评 和监督，但对于编造虚假信息、恶意造谣、诋毁攻击的黑公关和黑媒体，我们绝不容忍，将一追到底， 绝不姑息！"（界面） 微博正文 我们始终尊重并接受社会各界的建议和监督,但网络 不是法外之地,对于任何形式的侮辱、造谣、抹黑等 侵权行为,我们将持续以法律手段维护企业的合法权 益。 感谢大家一直以来对比亚迪的关注和支持。 2 58 日 55 占 172 比 ...

1月22日消息，比亚迪法务部今日发文宣布，近期就比亚迪起诉汽车博主姚*强（抖音账号"大秦军陕 团"）一案，收到法院一审判决，判决认定被告编造并传播了方程豹汽车的虚假信息，损害了比亚迪及 方程豹品牌的商业信誉及商品声誉，构成商业诋毁。 判令被告向比亚迪公司赔偿201万元。 对此，比亚迪集团-品牌及公关处总经理李云飞转发微博表示，一直以来，我们都是黑公关黑水军的最 大受害者！我们接受媒体的批评和监督，但对于编造虚假信息、恶意造谣、诋毁攻击的黑公关和黑媒 体，我们绝不容忍，将一追到底，绝不姑息！ 责任编辑：李思阳 1月22日消息，比亚迪法务部今日发文宣布，近期就比亚迪起诉汽车博主姚*强（抖音账号"大秦军陕 团"）一案，收到法院一审判决，判决认定被告编造并传播了方程豹汽车的虚假信息，损害了比亚迪及 方程豹品牌的商业信誉及商品声誉，构成商业诋毁。 判令被告向比亚迪公司赔偿201万元。 对此，比亚迪集团-品牌及公关处总经理李云飞转发微博表示，一直以来，我们都是黑公关黑水军的最 大受害者！我们接受媒体的批评和监督，但对于编造虚假信息、恶意造谣、诋毁攻击的黑公关和黑媒 体，我们绝不容忍，将一追到底，绝不姑息！ 责任编辑：李思 ...

随后，比亚迪集团品牌及公关处总经理李云飞转发该公告并表示："一直以来，我们都是黑公关黑水军 的最大受害者！我们接受媒体的批评和监督，但对于编造虚假信息、恶意造谣、诋毁攻击的黑公关和黑 媒体，我们绝不容忍，将一追到底，绝不姑息！" 1月22日，比亚迪法务部官微发文表示，近期，就比亚迪起诉汽车博主姚*强（抖音账号"大秦军陕团"） 一案，公司收到法院一审判决，判决认定被告编造并传播了方程豹汽车的虚假信息，损害了比亚迪及方 程豹品牌的商业信誉及商品声誉，构成商业诋毁。判令被告向比亚迪公司赔偿201万元。 ...

1月22日，比亚迪法务部发文表示，就比亚迪起诉汽车博主姚*强（抖音账号"大秦军陕团"）一案，公司 近期收到法院一审判决，判决认定被告编造并传播了方程豹汽车的虚假信息，损害了比亚迪及方程豹品 牌的商业信誉及商品声誉，构成商业诋毁。判令被告向比亚迪公司赔偿201万元。比亚迪方面表示，始 终尊重并接受社会各界的建议和监督，但网络不是法外之地，对于任何形式的侮辱、造谣、抹黑等侵权 行为，将持续以法律手段维护企业的合法权益。 ...

Core Viewpoint - BYD's frequent price cuts have led to a significant trust crisis among existing car owners, with widespread complaints and a growing sentiment of betrayal among consumers [1][8]. Group 1: Price Cuts and Consumer Reactions - Owners of the BYD Han series have reported a price drop from 270,000 yuan to around 190,000 yuan within two years, highlighting a depreciation of 100,000 yuan [3]. - A customer who purchased a Song L in January 2025 expressed frustration over a new insurance subsidy policy that caused her vehicle's value to decrease before she even took delivery, costing her an additional 5,000 yuan [3]. - The introduction of the new intelligent driving version led to a 50,000 yuan drop in the residual value of a recently purchased Tang DM-i model [3]. Group 2: Sales Practices and Consumer Rights - BYD's dealerships have been accused of failing to disclose upcoming model changes, leading to customers purchasing outdated models without knowledge of imminent upgrades [5]. - Customers have reported that new models are being released with significant upgrades at the same price, leaving older models as "technical test products" that cannot be upgraded [5]. Group 3: Challenges in Consumer Rights Protection - Many customers have abandoned their claims for compensation due to the time and effort required to gather evidence and seek legal assistance, with over 600 complaints related to model iteration disputes filed against BYD [6]. - Some dealerships are using tactics like "installment discounts" and "clearance sales" to further reduce the value of older models, leading to accusations of betrayal from customers [7]. Group 4: Market Response and Consumer Sentiment - A trend of self-deprecating humor among car owners has emerged, with products labeled "BYD Leek Eye" selling over 500 units on e-commerce platforms, reflecting a growing distrust in the brand [8]. - Potential consumers are increasingly hesitant to purchase BYD vehicles, with some opting for competitors due to the ongoing price cuts and consumer rights issues, indicating a potential long-term impact on brand reputation [9].

Group 1 - The core viewpoint of the article highlights that BYD has surpassed Tesla in global sales of pure electric vehicles for the first time, with BYD's sales reaching approximately 2.257 million units in 2025, a year-on-year increase of 27.9%, while Tesla's deliveries are projected to be around 1.636 million units, reflecting a nearly 9% decline year-on-year [6] - The shift in leadership in global pure electric vehicle sales is attributed to BYD's continuous expansion in overseas markets, contrasting sharply with Tesla's significant sales decline in various European countries such as France, Sweden, and Spain [6] - The article notes that BYD achieved this milestone in the fourth quarter of 2023, marking the first time it surpassed Tesla in quarterly sales [6]