全球化布局深入，瑞浦兰钧海外市场再下一城！ 据瑞浦兰钧 6 月 4 日消息， 5 月 29 日，瑞浦兰钧与印度尼西亚 Bakrie & Brothers 集团正式签署商用车电池系统战略合作备忘录，共同 推动绿色能源在印度尼西亚市场的应用与普及， 双方将在 2025 年内合作交付超过 3000 辆电动公交车和卡车的动力电池。 PT VKTR Teknologi Mobilitas Tbk （ VKTR ）是 Bakrie & Brothers 集团投资并建设的印度尼西亚第一个商用车制造工厂，专注于电动 客车和轻重型卡车的生产与销售，拥有包括底盘组装、电池组装、车身焊接、喷漆、总装、整车测试等全流程制造能力。 瑞浦兰钧表示，未来，双方将围绕 "绿色运输，印尼制造"的理念，在镍产品冶炼、电池原材料、动力电芯 & 系统等方面，深化产业链战略合 作。 就在此次签约的两天前， 5 月 27 日，瑞浦兰钧与韩国晓星重工业（ Hyosung Heavy Industries ）在韩国首尔正式签署电池储能系统领域 战略合作备忘录（ MoU ）。瑞浦兰钧将供应 2.5GWh 的储能产品，共同推动储能技术在全球市场的应用与普及。 ...

Group 1 - The core viewpoint of the article is that Jinjiang Hotels plans to launch an H-share issuance to enhance its global strategy and improve governance transparency, with funds aimed at expanding overseas operations, repaying bank loans, and supplementing working capital [1] - The planned H-share issuance will not exceed 15% of the total share capital post-issuance, with the final scale and ratio to be determined by the board of directors based on market conditions and regulatory approvals [1] - The company is in the early stages of this listing plan and will consider the interests of existing shareholders before proceeding within 24 months after shareholder approval [1] Group 2 - Jinjiang Hotels has entered a substantial phase of international expansion, particularly focusing on the Southeast Asian market, with plans to collaborate with Malaysian hotel management group RIYAZ to introduce five brands [2] - The company's overseas hotel operations have shown significant recovery, with RevPAR reaching 112.27% of 2019 levels in 2024, reflecting a 0.35% increase from 2023 [2] - In 2024, the company reported a decline in revenue from its overseas limited-service hotel business, with a revenue of €55.607 million, down 1.80% year-on-year, and a net loss of €5.689 million, which increased by €339,000 compared to the previous year [2] Group 3 - The company aims to optimize the capital structure of the French Louvre Group through the upcoming fundraising, which will also support cost control and financial optimization measures [3] - The Louvre Hotels Group operates several well-known brands, including Tulip Lodging, Kyriad, Campanile, and Golden Tulip, and has plans for further international brand expansion [3] - The trend of A-share companies pursuing H-share listings has been increasing, with several companies initiating H-share plans driven by internationalization strategies and financing efficiency [3]

丨 2025年6月5日 星期四 丨 NO.1 远景动力法国超级工厂投产，首期产能10GWh 6月4日，远景动力宣布，公司位于法国杜埃的电池超级工厂正式投产。据悉，该工厂首期10GWh产能 将为雷诺等国际头部车企提供动力电池，满足20万辆电动汽车配套需求。远景动力目前在中国、日本、 美国、英国、法国、西班牙布局了13座电池制造基地。 每经记者｜朱成祥 每经编辑｜陈俊杰 点评：爱旭股份投资7.5亿元建设风电项目，展现其深耕新能源领域的决心。此举不仅有助于公司业务 多元化，还可能带动当地经济发展，促进绿色能源转型。需要注意的是，爱旭股份为光伏头部厂商，此 次投资风电项目值得投资者进一步关注。 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自 担。 点评：远景动力法国杜埃电池超级工厂的投产，标志着公司在全球电池制造领域的布局进一步扩大。该 工厂将为雷诺等国际头部车企提供动力电池，满足20万辆电动汽车配套需求，有助于提升公司在欧洲市 场的竞争力。同时，公司在中国、日本、美国、英国、法国、西班牙的13座电池制造基地，也彰显了其 全球化战略布局。 NO.2 中科电气：拟投资不超过80亿元建设 ...

埃斯顿：拟发行H股股票并在香港联交所主板挂牌上市 智通财经6月4日电，埃斯顿(002747.SZ)公告称，公司拟发行境外上市外资股（H股）股票并在香港联合 交易所有限公司主板挂牌上市，以深化全球化战略布局，加快海外业务发展，提升公司国际化品牌形象 及核心竞争力。该事项尚需提交公司股东大会审议，并需要取得相关政府部门、监管机构、证券交易所 的批准、核准或备案，存在重大不确定性。 ...

Core Insights - Bawang Chaji, known as the "first stock of new tea drinks in the US," reported a total net revenue of 3.393 billion yuan for Q1 2025, a year-on-year increase of 35.4%, and a net profit of 677 million yuan, up 13.8% [1] - The company has expanded its global store count to 6,681, with 6,512 in China and 169 overseas, and has over 190 million registered members on its mini-program [1] - The stock price has shown stability since its listing on April 17, with an initial increase of 15.86% and a current price of 30.46 USD per share, giving it a market cap of approximately 55 billion USD [1] Financial Performance - In Q1 2025, Bawang Chaji achieved a total net revenue of 3.393 billion yuan, reflecting a 35.4% increase year-on-year, and a net profit of 677 million yuan, which is a 13.8% increase [1] - The company’s gross merchandise volume (GMV) is projected to reach 29.5 billion yuan in 2024, with a year-on-year growth of 173% [2] - The net profit margin for Q1 2025 was 20%, maintaining a leading position in the industry [3] Market Position and Strategy - Bawang Chaji differentiates itself by integrating tea leaves into fresh milk, establishing a unique position in the new tea drink market [2] - The company has adopted a "super big product" strategy, which enhances brand recognition and simplifies supply chain management, resulting in logistics costs accounting for less than 1% of total GMV [3] - The brand aims to become the "Eastern Starbucks," with a long-term goal of surpassing Starbucks in sales in China by 2024 [6][7] Global Expansion - Bawang Chaji's overseas GMV reached 178 million yuan in Q1 2025, marking an 85.3% increase, with 169 overseas stores primarily in Malaysia and Singapore [5] - The company has opened its first flagship store in Indonesia and plans to open 300 new stores in Malaysia through a partnership with a major hotel group [6] - The focus on quality and key performance indicators in overseas expansion is emphasized over rapid growth [6] Competitive Landscape - Bawang Chaji faces competition from similar products in the market, which may affect its sales of flagship items [3] - The brand's current market position shows a significant gap compared to Starbucks, which reported revenues of 36.2 billion USD and a net profit of 3.761 billion USD for the fiscal year ending September 2024 [7]

基础化工月报：盐酸等价格上行，赛轮印尼、墨西哥工 厂首胎下线 [Table_ReportDate] 2025 年 6 月 4 日 [Table_ReportDate] 证券研究报告 行业研究 [Tabl 行业e_ReportType] 月报 化工行业 张燕生 化工行业首席分析师 执业编号：S1500517050001 联系电话：+86 010-83326847 邮 箱：zhangyansheng@cindasc.com 洪英东 化工行业分析师 执业编号：S1500520080002 联系电话：+86 010-83326848 邮 箱： hongyingdong@cindasc.com 尹 柳 化工行业分析师 执业编号：S1500524090001 联系电话：+86 010-83326712 邮 箱： yinliu@cindasc.com 信达证券股份有限公司 CINDA SECURITIES CO.,LTD 北京市西城区宣武门西大街甲127号金隅 大厦B座 邮编：100031 [基础化工月报： Table_Title] 盐酸等价格上行，赛轮印尼、墨西哥 工厂首胎下线 [Table_ReportDate] 20 ...

| -广告 | | --- | 关注公众号，点击公众号主页右上角" ··· "，设置星标 "⭐" ，关注 鑫椤储能 资讯~ 2025 年 5 月 28 日，美国得克萨斯州梅斯基特市——海辰储能全球化战略迎来重要里程 碑：其在美首个储能系统制造工厂正式开业，将加速推进海辰储能全球化制造能力落地，赋 能世界更多地区的可持续能源快速发展。此次活动汇聚了超过200位行业领袖、地方官员及 合作伙伴，共同见证这座储能制造基地正式亮相。 坚定前行，共创能源转型美好新图景 开业仪式剪彩 双核推进，树立储能全球化新标准 开业仪式上，海辰储能国际营销中心总裁张觅智发表主旨演讲，他指出："这座工厂体现了我们的两大核 心目标： 卓越制造与以客户为中心的增长 。通过将产业教育、智能制造和服务网络全面在地化，我们 不仅在拓展全球布局，更在深化与每个相关社区的联结。在制造与服务网络层面，通过加州办事处的市 场辐射与得州工厂的产能支撑，海辰储能已构建 '西海岸市场枢纽 + 中南部制造中心' 的双核布局，实 现在美国市场的 'coast-to-coast'（东西海岸全覆盖）的综合服务网络，在美国乃至北美储能市场树立 新标准。" 高效协同，推动 ...

基础化工月报：盐酸等价格上行，赛轮印尼、墨西哥工 厂首胎下线 [Table_ReportDate] 2025 年 6 月 4 日 [Table_ReportDate] 证券研究报告 行业研究 [Tabl 行业e_ReportType] 月报 化工行业 张燕生 化工行业首席分析师 执业编号：S1500517050001 联系电话：+86 010-83326847 邮 箱：zhangyansheng@cindasc.com 洪英东 化工行业分析师 执业编号：S1500520080002 联系电话：+86 010-83326848 邮 箱： hongyingdong@cindasc.com 尹 柳 化工行业分析师 执业编号：S1500524090001 联系电话：+86 010-83326712 邮 箱： yinliu@cindasc.com 信达证券股份有限公司 CINDA SECURITIES CO.,LTD 北京市西城区宣武门西大街甲127号金隅 大厦B座 邮编：100031 [基础化工月报： Table_Title] 盐酸等价格上行，赛轮印尼、墨西哥 工厂首胎下线 [Table_ReportDate] 20 ...

郭晨凯 制图 ◎记者 冯心怡 实习生 年悦 近期，A股上市公司掀起新一轮赴港上市热潮，不少公司希望开启"A+H"双资本平台运作模式。今年5 月，就有宁德时代、恒瑞医药、钧达股份、吉宏股份4家A股公司成功登陆港交所，全年新增"A+H"公 司数量有望创近年来新高。 上海证券报记者采访了解到，赴港上市的热潮背后，是政策红利与企业全球化战略的双重驱动。投行人 士认为，A股公司赴港上市热潮有望延续1年至2年，龙头企业、有出海需求的中型企业、新兴产业的亏 损企业这三类公司，正通过"A+H"双资本平台开拓新的发展空间。 A股公司争相赴港上市 目前，筹划赴港上市的A股公司仍以龙头企业为主，但已不再局限于医药生物、电力设备、食品饮料等 领域，行业分布更加多元化。 据上海证券报记者统计，今年以来，共有近30家A股公司初次公告筹划港股上市。4月以来，A股公司筹 划港股上市渐入高峰期，共有近20家正在筹划港股上市，涵盖通信、电子、汽车等多个行业，其中包括 三一重工、牧原股份、韦尔股份等行业龙头企业。 今年5月，已经有宁德时代、恒瑞医药、钧达股份、吉宏股份4家A股公司登陆港交所。其中，宁德时代 刷新近年来港股IPO发行规模纪录，创新药 ...

Group 1 - Longpan Technology announced a production pricing agreement with Eve Energy Malaysia to supply a total of 152,000 tons of lithium iron phosphate cathode materials from 2026 to 2030, with an estimated total sales amount exceeding 5 billion RMB based on current market prices [2] - Eve Energy has the option to adjust demand within a certain range, with specific prices to be negotiated quarterly between the parties [2] - Longpan Technology's lithium iron phosphate phase one project in Indonesia has an annual production capacity of 30,000 tons and is expected to achieve bulk shipments by early 2025, while the phase two project with a capacity of 90,000 tons is under construction and expected to be completed by the end of 2025 [2] Group 2 - Eve Energy, a wholly-owned subsidiary of Yiwei Lithium Energy, is registered in Penang, Malaysia, and specializes in the production of cylindrical lithium-ion batteries for electric tools, two-wheelers, and cleaning tools [3] - In 2024, Eve Energy reported a net loss of 58.44 million RMB and a net asset value of 674 million RMB [3] - Longpan Technology emphasized that there are no related party relationships between the two companies in terms of ownership, business, or personnel [3]