【环球时报驻加拿大特约记者 陶短房 环球时报记者 丁雅栀 环球时报特约记者 任重】编者的话："加拿 大为中国电动汽车敞开了大门。"加拿大《环球邮报》19日报道称，加拿大总理卡尼近期宣布对中国电 动汽车进口政策实施重大调整，加拿大不再征收100%附加税，同时给予每年4.9万辆的配额，配额内享 受6.1%的最惠国关税待遇。另据彭博社报道，加拿大政府正在制定一项新的汽车业发展策略，旨在为 在该国生产汽车的企业提供更广阔的市场准入机会。报道认为，此举是对美国现任政府迫使汽车制造商 将工厂从加拿大迁至美国这一行为的回击，同时也为中国汽车制造商首次在加拿大组装汽车敞开大门。 加拿大多项政策调整引发车企与市场的积极反响，相关行业专家表示，"这无疑是重大利好"。 4.9 万辆配额： " 探寻市场的机遇 " 中国机电产品进出口商会汽车国际化专业委员会高级专家孙晓红在接受《环球时报》记者采访时表示， 2024年加拿大政府跟随美国，对中国电动车加征100%关税后，这一举措向双方合作发出了错误信号。 中国电动汽车本身在价格、性能等方面很适合加拿大消费者，原本正处于良好发展势头，却被强行中 断。当前，卡尼政府取消了此前100%的加税， ...

从当前smart的动作来看，与星星充电、特来电等第三方充电企业合作终止，可视为其资源聚焦的重要举措。而背靠吉利的浩瀚能源，有望填补这一空白。 虽然浩瀚能源在充电桩数量上，尚不及全国排名前列的特来电及星星充电等企业，但其发展势头迅猛。 资料显示，浩瀚能源隶属于吉利控股集团，成立于2021年，业务涉及新能源汽车补能服务，包括充电设施运营、光伏设备制造等领域。公司成立初期主要运 营极氪品牌充电业务，2025年战略调整后业务扩展至吉利全品牌乘用车充电运营体系。2025年12月，吉利银河、极氪和领克三大品牌充电地图接入浩瀚能 源。2026年1月12日，莲花跑车也宣布正式接入浩瀚能源充电服务。 smart作为吉利和奔驰的合资品牌，尽管尚未正式宣布接入，但从smart汽车App上的充电地图来看，实际上已经在使用浩瀚能源充电服务。 回顾smart的发展历程，2019年，吉利收购smart50%股权，并表示将助力smart向电动化方向转型。2020年，吉利与奔驰携手共同组建了smart品牌全球公司智 马达，双方各持股50%。在合作模式上，smart 产品由奔驰全球设计部门负责设计，吉利全球研发中心提供工程研发支持。此后，sma ...

Core Viewpoint - The 2026 Future Industries New Materials Expo (FINE 2026) aims to showcase innovations in new materials, positioning China as a leader in global new material innovation and development, with a focus on future industries and technological advancements [1][2]. Group 1: Event Overview - FINE 2026 will take place from June 10 to 12, 2026, at the Shanghai New International Expo Center, featuring a total exhibition area of 50,000 square meters and over 800 exhibitors [12][34]. - The expo will include more than 300 strategic and cutting-edge technology reports, covering applications in various industries such as AI, aerospace, smart vehicles, and renewable energy [2][20]. Group 2: Focus Areas - The event will emphasize five common needs of future industries: advanced semiconductors, advanced batteries, lightweight functional materials, low-carbon sustainability, and thermal management [2][10]. - Six thematic exhibition areas will be set up, including advanced semiconductors, advanced batteries and energy materials, thermal management, lightweight and sustainable materials, new material technology innovation, and future smart terminals [12][15]. Group 3: Participation and Audience - The expo is expected to attract over 100,000 professional visitors, including industry leaders and investors, facilitating connections between startups and industry resources [34][35]. - A targeted invitation will be extended to over 5,000 industry investors to support quality startups and enhance resource accumulation [10][35]. Group 4: Supporting Organizations - The event is organized by DT New Materials, in collaboration with various associations and institutions, including the China Productivity Promotion Center and the Ningbo New Materials Industry Association [4][5]. - The organizing body has a decade of experience in the new materials sector, with extensive connections across industries such as semiconductors, robotics, and renewable energy [10][44]. Group 5: Historical Context and Expectations - The previous editions of the expo, including the 2025 International Carbon Materials Expo and the 2025 Thermal Management Expo, achieved record attendance and participation, indicating strong interest and growth in the sector [7][34]. - FINE 2026 is positioned as a significant opportunity for businesses to engage in technology transfer and innovation, aligning with China's strategic focus on high-tech industries [2][10].

Major Events - Mingming is busy (01768) plans to globally offer 14.1011 million H-shares from January 20 to January 23, introducing cornerstone investors such as Tencent [1] - Skyworth Group (00751) intends to privatize and delist while spinning off its solar business for listing, resuming trading on January 21 [1] - InnoCare Pharma (01672) has selected a new generation of monthly subcutaneous injection GLP-1R/GIPR/GCGR three-target agonist peptide ASC37 for clinical development [1] - Heartway Medical-B (06609) has had its registration application for a self-expanding intracranial drug-eluting stent accepted by the National Medical Products Administration [1] Project Investments - China Duty Free Group (01880) subsidiary plans to acquire all issued shares of DFS Cotai Limitada [2] - Jiutai Bonda Energy (02798) intends to increase investment of approximately 114 million yuan to acquire a 51% stake in Guizhou Huaneng Jiayuan Coal Industry Co., Ltd. [2] - Crystal International (02232) plans to acquire land in Egypt for 30.4 million USD [2] Share Buybacks - Kuaishou-W (01024) repurchased 393,000 shares for 29.9525 million HKD on January 20 [2] - Geely Automobile (00175) spent approximately 63.6286 million HKD to repurchase 3.788 million shares on January 20 [2] - Sunny Optical Technology (02382) repurchased 1.4 million shares for 88.6084 million HKD on January 20 [2] - Xiaomi Group-W (01810) repurchased 5.5 million shares for 196 million HKD on January 20 [2] Operating Performance - Zhaoyan New Drug (06127) expects to achieve a net profit attributable to shareholders of approximately 233 million to 349 million yuan in 2025, representing a year-on-year increase of about 214.0% to 371.0% [2] - China Longgong (03339) issued a profit warning, expecting a significant increase in annual net profit [2] - Heartway Medical-B (06609) anticipates revenue of approximately 400 million to 410 million yuan in 2025, a year-on-year increase of at least 43.9% [3] - Anta Sports (02020) expects low single-digit positive growth in retail sales for Anta brand products and mid-single-digit positive growth for FILA brand products in 2025 [3] - Anton Oilfield Services (03337) reported new orders of 2.084 billion yuan in the fourth quarter, a year-on-year decrease of 20% [3]

Investment Highlights - The passenger car sector is expected to see a recovery in Q1 2026 due to the implementation of subsidy policies, with a focus on high-end electric vehicles that are less sensitive to policy changes, such as Jianghuai Automobile, Geely, Great Wall Motors, BAIC Blue Valley, Seres, and Li Auto [2][7] - For exports, priority should be given to leading companies with established overseas systems and proven execution capabilities, including BYD, Great Wall Motors, Chery, Leap Motor, Xpeng, SAIC Motor, and Changan Automobile [2][7] Heavy Truck Sector - In 2025, wholesale heavy truck sales reached 1.144 million units, up 26.8% year-on-year, with domestic sales of 799,000 units, up 32.8%, and exports of 341,000 units, up 17.2% [3][37] - The expected domestic sales for heavy trucks in 2026 is optimistic, projected at 800,000 to 850,000 units, a 3% increase year-on-year [3][37] - Recommended leading heavy truck companies include China National Heavy Duty Truck Group, Weichai Power, Foton Motor, FAW Jiefang, and CIMC Vehicles [3][37] Bus Sector - The implementation of the vehicle replacement policy in 2026 is slightly better than expected, with bus sales in 2025 projected at 38,000 units, a 25% increase year-on-year [3][37] - For 2026, bus sales are expected to grow to 40,000 units, a 5% increase year-on-year, supported by the number of buses over eight years old that need replacement [3][37] - Recommended leading bus companies include Yutong Bus, King Long Motor, and Zhongtong Bus [3][37] Motorcycle Sector - The motorcycle industry is projected to achieve total sales of 19.38 million units in 2026, a 14% increase year-on-year, with large-displacement motorcycles expected to reach 1.26 million units, a 31% increase [4][34] - Domestic sales of large-displacement motorcycles are expected to grow slightly to 430,000 units in 2026, a 5% increase year-on-year, while exports are projected to reach 830,000 units, a 50% increase [4][34] - Recommended leading motorcycle companies include Chunfeng Power and Longxin General [4][34]

Core Viewpoint - The launch of the Geely Galaxy V900, an "AI all-scenario family flagship MPV," marks a significant step in catering to diverse family needs with innovative design and technology, priced between 269,800 to 329,800 yuan [1][20]. Group 1: Product Features - The Galaxy V900 offers three models with a maximum interior space efficiency of 91.8%, featuring a cabin length of 3.97 meters, the longest in its class [5]. - It includes over 1000mm of legroom in the second and third rows, allowing even tall passengers to sit comfortably [6]. - The vehicle boasts a trunk capacity of 1100L, accommodating up to 15 pieces of 20-inch luggage, ensuring ample space for family trips [6]. Group 2: Comfort and Luxury - The V900 is equipped with 11-layer cloud-sensing SPA seats, Nappa leather, and features such as ventilation, heating, and massage functions for all rows [8]. - It includes a 27-speaker Flyme Sound system and a rear entertainment screen, creating an immersive audio-visual experience [8]. - The vehicle's design philosophy combines international aesthetics with Eastern expression, featuring elements inspired by natural landscapes [10]. Group 3: Performance and Safety - The V900 is powered by a dual-motor all-wheel-drive system, delivering a peak power of 340kW and a torque of 523N·m, achieving 0-100 km/h in 6.5 seconds [12]. - It features a high-strength steel structure with a 76.6% high-strength steel ratio, advanced safety measures including 11 airbags, and has passed rigorous safety tests [14][15]. - The vehicle's design includes a "star armor body" and a unique third-row seat structure to enhance safety during collisions [14]. Group 4: Intelligent Features - The Galaxy V900 incorporates a super AI range extension system with a thermal efficiency of 47.26%, achieving a maximum range of 1220 km [17]. - It features an advanced AI cockpit with emotional recognition capabilities, enhancing user interaction and comfort [17]. - The vehicle supports advanced parking assistance with the ability to recognize over 300 parking types, ensuring ease of use for all drivers [18]. Group 5: Market Positioning - The launch of the Galaxy V900 completes Geely Galaxy's product lineup, addressing the needs of mainstream Chinese families and setting a foundation for future growth [20].

Group 1 - The core viewpoint of the article highlights that Bojun Technology (300926) has established significant partnerships with major automotive manufacturers for its integrated die-casting products [1] - Key customers mentioned include Li Auto, Geely, Zeekr, Seres (601127), BYD (002594), Leap Motor, and BAIC New Energy (Xiangjie) [1] Group 2 - The company is actively engaging with various leading automotive brands, indicating a strong market presence in the automotive sector [1] - The partnerships with these manufacturers suggest potential growth opportunities for Bojun Technology in the integrated die-casting market [1]

Core Viewpoint - The company, 卡倍亿, specializes in the production of various types of cables, including data cables, new energy cables, and general cables, which meet the demands of high-voltage platforms such as 800 volts and 1000 volts [2] Group 1: Company Products - The company primarily manufactures data cables, new energy cables, and general cables [2] - The products are designed to meet the requirements of high-voltage platforms, specifically 800 volts and 1000 volts [2] Group 2: Clientele - In recent years, the company has supplied its products to major domestic new energy vehicle brands, including 比亚迪 (BYD), 小米 (Xiaomi), 吉利 (Geely), 理想 (Li Auto), 蔚来 (NIO), 问界 (Wenjie), and 享界 (Xiaojie) [2]

Group 1 - The core viewpoint of the report suggests that AI large models are expected to lead a valuation reshaping in the automotive industry, particularly in the context of autonomous driving and subscription services [2] - The report highlights the projected growth in various segments such as traditional vehicle sales, subscription services, and Robotaxi, with significant increases expected by 2035 [8][9] - It emphasizes the importance of advanced AI models in enhancing user acceptance of autonomous driving and subscription software, potentially transforming the automotive sales model from low-frequency to high-frequency consumption [48] Group 2 - The report indicates that the penetration rate of Robotaxi in the ride-hailing market is a critical metric, with a focus on revenue and cost factors such as vehicle costs and operational efficiency [42] - It outlines the competitive landscape, noting that leading companies like Tesla and SAIC Group are expected to dominate the Robotaxi market, with significant projected sales and profits by 2025 [46] - The report identifies investment opportunities in the supply chain, particularly in components related to L3 and above autonomous driving, highlighting the potential for domestic alternatives in high-barrier products [48]

Group 1 - The company, Kabeiyi, has entered the supply chains of major electric vehicle manufacturers including BYD, Tesla, Geely, NIO, Li Auto, Xpeng, and Xiaomi in the new energy vehicle sector [2]