21世纪经济报道记者缴翼飞 北京报道 近日，一季度国民经济运行数据陆续公布。根据中电联的最新数据，一季度全国全社会用 电量2.38万亿千瓦时，同比增长2.5%，增速低于GDP增速。其中，1~2月、3月全社会用电量同比分别增长1.3%和4.8%。 4月28日，国家能源局发展规划司副司长邢翼腾在国家能源局例行新闻发布会上就此事回应了21世纪经济报道记者，他提到，上 一年是闰年和今年的气温较去年同期明显偏暖两个因素对一季度全社会用电量增速产生较大的影响。 此外，当前部分传统行业需求不足和新兴产业快速发展的换挡叠加，也是影响用电量增速的一个因素。数据显示，一季度全国 房地产开发投资同比下降9.9%，全国消费品制造业用电量同比增长0.6%，扣除闰年因素以后日均同比增长1.7%，低于2024年一 季度、四季度日均同比增速。 与此同时，随着人工智能、大数据、云计算、电动汽车的快速发展，相关行业用电量保持高速增长，增速远远高于全社会用电 量平均增速，这也彰显了我国新兴产业、高技术产业的蓬勃发展态势。 图：国家能源局发展规划司副司长邢翼腾 （缴翼飞/摄） "仅闰年因素就拉低用电量增速1.2个百分点，受气温偏暖影响，1~2月全国 ...

Core Insights - Mercedes-AMG is actively advancing the development and launch of its first custom electric vehicle, attracting significant market attention [1][5] - The vehicle is set to be a four-door AMG fastback, with a full reveal scheduled for July [3][6] Design Summary - The initial teaser images showcase a modern sports sedan design, featuring a low and sharp front end, and a silhouette reminiscent of the Porsche 911 [3] - The rear design includes a hatchback-style trunk, which is more practical for the European market and aligns with the fastback aesthetic [3] Performance Summary - Although specific performance parameters have not been officially disclosed, the new vehicle is expected to deliver around 1000 horsepower in its most powerful configuration [4] - The electric motors, supplied by Mercedes' UK subsidiary Yasa, are axial flux motors known for their high efficiency and power density, with each motor capable of producing 480 horsepower and 590 lb-ft of torque [4] Market Strategy Summary - The launch of this custom AMG electric vehicle coincides with Mercedes-Benz's strategic shift towards electric versions of its conventional models, moving away from solely EQ-branded vehicles [5] - The vehicle will be built on the AMG.EA architecture, which is exclusive to AMG, and will support future electric SUV models [5]

Core Viewpoint - Wentech Technology is undergoing a significant asset restructuring by selling its product integration business, which has been dragging down profits, to focus entirely on its strong semiconductor business [1][4]. Financial Performance - In Q1, the company's revenue decreased by 19.38% year-on-year, while net profit surged by 82.29% [1][6]. - For 2024, total revenue reached 73.598 billion yuan, a year-on-year increase of 20.23%, but the net profit attributable to shareholders was a loss of 2.834 billion yuan, down 339.83% [4][6]. - The semiconductor business generated revenue of 14.715 billion yuan in 2024, with a gross margin of 37.47% and a net profit of 2.297 billion yuan [8]. Business Segmentation - The product integration business accounted for 72.39% and 79.39% of total revenue in 2023 and 2024, respectively, but is now being divested [4][6]. - The semiconductor business is expected to benefit from the growth in humanoid robots and electric vehicles, with significant revenue contributions from the automotive sector [8][9]. Strategic Focus - The company plans to concentrate resources on enhancing profitability in the semiconductor sector following the divestiture of the product integration business [4][7]. - The first quarter of 2025 saw the signing of multiple equity transfer agreements to sell the product integration assets, with a total transfer payment of 2.78 billion yuan received by the end of March [5][7]. Market Outlook - The semiconductor business is projected to grow due to trends in electric vehicles and advanced driver-assistance systems, with a significant increase in direct revenue from automotive OEM customers [8][9]. - The global market for humanoid robots is expected to see substantial growth, with projections of annual shipments reaching 1 million units by 2030 [9].

国巨集团创始人兼董事长陈泰铭在接受日经新闻采访时表示，台湾电子元件巨头国巨集团准备完成 对日本同行芝浦电子的收购，即使目标公司不同意收购。 如果您希望可以时常见面，欢迎标星收藏哦~ 来源：内容编译自日经，谢谢。 以下是经过编辑的采访摘录。 问：为什么要收购芝浦电子？ 答： 芝浦电子拥有出色的温度传感器技术。传感器技术对于人工智能和电动汽车应用至关重要。过 去三年左右，我们一直在密切关注芝浦。 但遗憾的是，其约60%的业务都在日本国内，海外业务大部分都在中国，欧美等主要市场的销售额 仅占总销售额的6%左右。 从领域来看，家电业务仍占据公司销售额的最大份额，达到44%，而汽车和工业用途的销售额仅占 很小一部分，但不太可能出现大幅增长。 问：如果收购成功，你们打算采取什么样的商业策略？ 答： 我们的优势在于我们的全球影响力以及我们在人工智能和汽车等最先进领域的主流客户。如果 我们将客户介绍给芝浦，它就可以扩大其在欧洲和美国的业务，并在电动汽车、人工智能、医疗保 健和其他领域实现增长。 我们将提供各种成长动力，包括财务支持。芝浦的成长对我们来说也是一大优势。两者的互补效应 将非常显著，我们可以建立双赢的关系。 我们还 ...

Macro Economic Insights - U.S. Treasury Secretary Bessent stated that the 10-year Treasury yield should "naturally" decline, emphasizing the need for economic "privatization" through tariffs aimed at increasing industrial capacity and job creation[1] - Trump announced that Ukrainian President Zelensky is expected to visit the U.S. for an agreement, while Russia demands Ukraine's military surrender and territorial concessions as conditions for a ceasefire[1] - Copper prices surged over 3% as Trump ordered an investigation into U.S. copper imports, indicating potential tariffs due to national security concerns[1] Commodity Market Performance - Domestic commodity futures closed mostly lower, with crude oil down 2.19% and glass down 2.16%[2] - Basic metals saw declines, with aluminum down 1.21% and stainless steel down 0.91%[2] - Agricultural products also fell, with soybean meal down 1.34% and vegetable oil down 1.09%[2] Global Asset Performance Overview - NYMEX crude oil closed at $69.12, down 2.52% daily and 11.42% year-on-year[4] - LME copper closed at $9,395.00, down 1.13% daily but up 8.63% year-on-year[4] - COMEX gold closed at $2,928.60, down 1.36% daily but up 35.34% year-on-year[4] Bond Market Insights - The 10-year Chinese government bond yield is at 1.75%, down 0.57% daily and down 25.31% year-on-year[4] - The 10-year U.S. Treasury yield is at 4.40%, down 0.02% daily and up 0.30% year-on-year[4] - The China-U.S. interest rate differential stands at -2.65, reflecting a slight increase of 0.01%[4] Currency and Forex Trends - The U.S. Dollar Index is at 106.28, down 0.36% daily and up 3.25% year-on-year[4] - The offshore RMB is trading at 7.25 against the U.S. dollar, showing a minor increase of 0.01%[4] - The Euro to U.S. dollar exchange rate is at 1.05, up 0.44% daily but down 3.77% year-on-year[4]