同时，公司供应链业务加快数字化转型赋能传统业务，实现仓、运、配系统数据互联互通，一体化服务 能力持续提升。物流园业务实现加工量约29万吨，同比增长4%；实现吞吐量约348万吨，同比增长 20%。此外，物流业务、招标业务以及保险经纪业务均保持稳健发展态势。 展望第二季度，随着传统施工旺季到来及稳增长政策效应显现，钢材需求端有望改善。尽管黑色流通领 域企业经营仍然面临较大风险和挑战，五矿发展将在严格控制业务风险的基础上，加快业务周转、拓宽 上下游渠道、抢抓市场机遇、强化协同联动，全力确保企业稳健经营，为实现全年高质量发展目标全力 冲刺。 本报讯(记者向炎涛)4月29日晚间，五矿发展（600058）股份有限公司(以下简称"五矿发展")发布2025年 第一季度报告。在钢铁行业面临供给过剩、需求疲软等复杂形势下，五矿发展坚持"稳字当头、稳中求 进"工作总基调和低库存、高周转业务策略，经营业绩持续向好。2025年1月—3月，五矿发展实现营业 收入123.57亿元，实现归属于上市公司股东的净利润0.67亿元，同比增加1.75亿元，经营活动现金流同 步改善，彰显了公司较好的经营韧性与抗风险能力。 从业务板块来看，原材料业务通 ...

Core Insights - The 2025 Shanghai Auto Show reflects a return to rationality in the automotive industry, showcasing the emergence of supply chain companies from the background to the forefront [1] - The "smart electric" transformation is unstoppable, with companies exploring the balance between innovation speed and technological safety [1] Company Overview - Aixin Wanda Power Technology Co., Ltd. presented innovative solutions covering nine major scenarios, including pure electric, hybrid, commercial vehicles, and low-altitude flight at the 2025 Shanghai Auto Show [2] - The company's HEV battery technology has achieved a significant milestone with over 1.5 million units installed, ranking second globally among lithium battery companies [2] - Aixin Wanda's hybrid battery supports ultra-fast charging and has a cold resistance capability of -30°C, demonstrating a diverse and collaborative ecosystem between hybrid and pure electric technologies [2][3] Product Performance - The Aixin Wanda hybrid battery series offers impressive low-temperature performance, with a cold start capability at -35°C and over 90% range retention at -20°C [3] - The company’s products have passed extreme safety tests, including high-temperature puncture and drop tests, and come with a warranty of 10 years or over 300,000 kilometers [3] - In the domestic high-end hybrid battery market, Aixin Wanda ranks among the top four [3] Commercial Vehicle Solutions - Aixin Wanda has developed a large-capacity ultra-fast charging battery solution for commercial vehicles, enhancing charging efficiency by 400% with a 1.4MW power output [4] - The battery system boasts a cycle life of over 5,200 times, suitable for an operational cycle of 8 years or 2 million kilometers [4] - The company aims to address the electrification challenges in commercial vehicles, providing superior solutions that enhance the lifecycle value of vehicles [4] Research and Development - Aixin Wanda has invested over 12.9 billion yuan in R&D over the past five years, with a team of nearly 10,000 people [4] - The company has led or participated in the formulation of over 150 industry standards, contributing to the growth of the global power battery industry [4] Global Expansion - Aixin Wanda is expanding its global footprint with manufacturing bases in various provinces in China and countries like Hungary, Morocco, and Thailand [5] - The company is committed to supporting the high-quality internationalization of China's new energy vehicle industry [5][6] Sustainability Initiatives - Aixin Wanda has taken significant steps in battery passport and recycling initiatives, aligning with the EU's battery regulations that require lifecycle management for batteries [6] - The company joined the Global Battery Alliance in 2023 to promote the establishment and implementation of battery passport standards [6][7] - Aixin Wanda is actively participating in the construction of China's battery ID digital platform, enhancing lifecycle traceability management for domestic power batteries [7] Industry Perspective - The balance between innovation speed and technological safety is a critical topic in the automotive industry's transformation [8] - Collaboration across the supply chain is essential for achieving a healthy cycle of systemic innovation and safety [8] - The company emphasizes the importance of respecting science and using real data to guide the industry, viewing innovation in the new energy vehicle sector as a long-term commitment [8]