Core Insights - Chery Group achieved significant growth in automotive sales, with a total of 2.562 million vehicles sold in the first eleven months of 2025, marking an 11.1% year-on-year increase, and electric vehicle sales surpassing 800,000 units for the first time [2][9] Group 1: Sales Performance - Chery Group's automotive sales increased by 11.1% year-on-year to 2.562 million units, with exports rising by 14.7% to approximately 1.2 million units [2] - The company's electric vehicle sales surged by 69.4% to 815,000 units in the same period, achieving a historical milestone [9] - In November 2025 alone, Chery's electric vehicle sales reached 117,000 units, reflecting a 50.1% year-on-year growth [9] Group 2: Global Expansion and Innovation - Chery Group maintained its position as the leading Chinese automotive exporter, with exports growing by 30.3% to 137,000 units in November 2025 [5] - The company is transitioning from product export to brand export, emphasizing a global innovation strategy [5] - Chery plans to establish 26 overseas R&D centers to enhance competitiveness and meet local regulatory requirements [8] Group 3: Product Development and Technology - The launch of the Zongheng G700 SUV signifies Chery's commitment to high-end technology and luxury markets [6] - Chery's vehicles, including the Tiggo 8 and Tiggo 7, received five-star safety ratings from European NCAP, making it the Chinese automaker with the most five-star rated models globally [8] - The company is focusing on smart technology integration across its vehicle lineup, with significant advancements in intelligent driving and AI applications [10][12] Group 4: Ecosystem and User Engagement - Chery Group is developing a "people-car-home" ecosystem to enhance user experience and engagement [13][16] - The company has involved over 500,000 users in product development through global co-creation initiatives, ensuring user feedback drives continuous improvement [13] - Chery aims to deepen its value proposition by transitioning users from participants to co-creators within its brand community [16]

Core Insights - The event focused on discussing how media can effectively convey "China's narrative" and "cultural narrative" in a globalized context [1][3] - The Guangdong-Hong Kong-Macao Greater Bay Area, which occupies only 0.6% of China's land but contributes 10% of its economic output, is emphasized for its role in enhancing innovation and cultural strategy [1] - The integration of culture, sports, and technology in the Greater Bay Area showcases its unique appeal and potential for deeper collaboration [1][3] Group 1 - The closed-door meeting was held at the Chuangzhi Cloud Center, a new industrial hub in Shenzhen, which fosters cross-cultural exchanges among various enterprises [3] - The event utilized the digitalization of the Bingling Temple Caves as a starting point to discuss media's role in global narratives [3][4] - The discussion included insights from Yicai Global's ten years of experience in international communication, highlighting the importance of adapting to global market dynamics [3][4] Group 2 - Shenzhen Vocational and Technical University shared its innovative approaches in talent cultivation, aligning with the region's industrial development [6] - The university aims to produce graduates who understand both industry and media, emphasizing the impact of AI and big data on media communication [6] - The collaboration between Yicai Global and Shenzhen Vocational and Technical University reflects a shared vision of preparing global communication talents for the Greater Bay Area [6]

作者丨 黎曼 王满华 来源丨 投中网 将投中网设为"星标⭐"，第一时间收获最新推送 电竞赛事热度下降的质疑却愈演愈烈。 当前，中国科技投资正处在"中流击水"的关键阶段。一方面，创新驱动发展战略深入实施，人工智 能、量子科技、生物制造等前沿领域不断突破，为经济发展注入新动能；另一方面，外部环境复杂多 变，技术封锁与竞争加剧，资本市场的波动也对科技企业的融资与成长带来挑战。 与此同时，国家层面持续优化科技金融生态，通过设立科技创新基金、完善多层次资本市场、鼓 励"投早投小投科技"等政策举措，为科技投资提供了坚实的制度保障。各地也在积极探索科技与金 融深度融合的新路径，形成了多层次、广覆盖的科技投资格局。 在此背景下，科技投资者该如何在变局中把握方向，在挑战中孕育机遇，推动中国科技投资迈向更加 广阔的发展空间？ 11月27日，"第19届中国投资年会·有限合伙人峰会"上，在普罗资本合伙人丁珉的主持下，赛科投 资创始管理合伙人包磊、方广资本合伙人惠成峰、复星全球合伙人及复星创富联席董事长兼CEO徐 欣、元禾璞华合伙人殷伯涛、中科创星合伙人袁博、LongRiver江远投资合伙人周晖，以及光合创投 合伙人朱嘉就相关议题进行 ...

出品I下海fallsea 胡不知 2025年12月2日，港交所官网的上市申请披露页面，安克创新（SZ300866）的名字格外醒目。这家 以"充电宝出海"闻名的企业，正式启动"A+H"双重上市进程，中金、高盛等头部投行的背书，似乎坐实 了其"消费电子出海标杆"的地位。 但市场对此的反应呈现明显分化：一边是券商研报将其称为"全球化品牌典范"，预测港股上市后估值有 望提升30%；另一边是机构投资者的冷静质疑——2024年其198亿元营收中，亚马逊渠道占比仍超 50%，多品牌战略下3个子品牌连续两年亏损，所谓"技术驱动"背后是研发转化效率低于行业均值的现 实。 在全球消费电子市场增速跌破3%、出海企业遭遇关税与合规双重挤压的2025年，安克创新的上市选择 绝非单纯的资本扩张。这更像是一次"背水一战"：既为破解研发投入与供应链升级的资金困局，也试图 掩盖其依赖单一平台、技术壁垒松动的隐忧。本文将跳出"企业赞歌"的框架，以安克创新为样本，解构 消费电子出海企业在品牌化、全球化进程中的真实困境与生存逻辑。 运气与能力的双重博弈 安克创新的崛起，常被解读为"技术+品牌"的胜利。但回溯其14年发展史，每一次关键跃迁都离不开时 ...

Group 1 - The core message of the article highlights the increasing interest of Western leaders, particularly from Europe, in engaging with China amid escalating US-China tensions, signaling a strategic pivot towards China for economic cooperation and geopolitical stability [1][3][5] - The trade volume between China and France reached $79.58 billion, with a 12% growth in the first three quarters of 2024, indicating China's significant market appeal and the importance of bilateral economic ties [3][11] - Macron's visit to China is seen as an effort to establish a strategic partnership and secure economic cooperation ahead of Trump's planned visit, reflecting Europe's urgency to find a way forward amidst US pressure [5][13][15] Group 2 - The article discusses the adverse effects of Trump's "America First" policy on Europe, including a 20% tariff imposed on the EU, which has exacerbated economic challenges, particularly in Germany and France [7][9] - Macron's diplomatic efforts include a 23-page cooperation agenda that encompasses Airbus aircraft procurement and joint production of solar components, showcasing a proactive approach to strengthen ties with China [9][11] - The establishment of a carbon neutrality cooperation center and agreements on offshore wind projects illustrate the deepening collaboration in emerging sectors, which is more appealing to Europe than mere trade [13][23] Group 3 - The article emphasizes that European companies are increasingly recognizing the necessity of collaborating with China for survival, as evidenced by their participation in trade fairs despite US pressures [17][18] - The deepening industrial ties, such as the increased investment by French semiconductor companies in China, highlight the impracticality of decoupling from the Chinese market [19][21] - Macron's visit is framed as a strategic move to secure long-term development partnerships with China, moving beyond short-term economic gains to establish a shared future [21][25]

12月4日，以"潮起美湾，妆耀全球"为主题的第三届广州国际美妆周化妆品高质量发展大会在广州白云 国际会议中心盛大启幕。此次活动由广东省药品监督管理局与广州市人民政府联合主办，广州市市场监 督管理局、白云区人民政府及相关区政府共同组织，中国香料香精化妆品工业协会、广州国际会展集 团、广州白云产业投资集团有限公司共同承办。 本次大会汇聚了国家、省、市有关单位领导，两院院士，全球美妆头部企业代表及多国驻穗总领事。大 会通过发布产业白皮书、集中展示近百亿产业项目落地成果及探讨全球化战略，全景式展现了广州打造 世界级化妆品产业集群的硬核实力与开放胸怀。 开幕式上，广州市市场监管局党组书记赵军明重磅发布了《2025广州化妆品产业白皮书》。白皮书显 示，广州化妆品产业规模优势持续扩大，稳居"千亿产业集群"。全市现拥有化妆品生产企业1857家，占 全省的60%；注册备案主体7237家，拥有超过120万种流通产品，构建了从原料研发、生产制造、包材 配套到品牌营销的完整闭环生态。 报告指出，广州正加速突破核心原料"卡脖子"困境，推动产业从"配方应用"向"原料定义"跃升。截至 2025年10月，广州化妆品发明专利申请总量达1.49 ...

当全球化共识遭遇裂痕，当商业活动被地缘形势裹挟，本年度华人奖唯一的"企业家成就奖"授予张学政 ——这是对张学政的产业信仰的肯定，更是对这位华人之光、民营企业家楷模的致敬。 在全球半导体产业链寒意渐浓之际，2025年华人奖（华奖）将唯一的"企业家成就奖"授予闻泰科技、安 世半导体董事长张学政，引发产业界广泛共鸣。他及其领导的安世半导体，不仅代表商业成功，更象征 着逆全球化噪音下对产业本质的坚守——这份坚守，是华人企业家走向世界的核心底气，也是民营企业 家格局与担当的最佳写照。 作为华人企业家杰出代表，张学政始终坚信全球化是必答题。整合安世五年间，他尊重欧洲本土文化与 团队，保持企业独立运营，同时注入中国企业的高效活力，实现"1+1>2"的成效。这种"求同存异、互利 共赢"的智慧，为全球跨国并购提供了"中国范本"，让他成为当之无愧的民营企业家楷模。 2025年9月底，荷兰政府以非商业手段介入安世运营，这场风波成为全球化的"压力测试"，导致全球汽 车供应链混乱，多家车企发出预警，印证了割裂产业链的巨大破坏力。 面对挑战，张学政展现出华人企业家的冷静克制，强调通过法律和商业途径解决问题，彰显对规则与客 户的责任感。这 ...

Core Viewpoint - The company reported a steady performance in vehicle sales for November 2025, with a total of 1.2 million units sold from January to November, reflecting a year-on-year increase of 9.3% [1]. Group 1: Sales Performance - Cumulative vehicle sales from January to November reached 1.2 million units, up 9.3% year-on-year [1] - November sales were 133,000 units, showing a year-on-year increase of 4.6% but a month-on-month decrease of 6.9% due to cautious consumer purchasing behavior and inventory control [1] - WEY brand sales reached 13,000 units, up 81.1% year-on-year and 0.5% month-on-month, driven by strong demand for the high-end models [1] - Haval sales were 75,000 units, down 3.8% year-on-year and 14.6% month-on-month, primarily due to shipment adjustments [1] - Ora sales totaled 5,000 units, down 17.0% year-on-year and 14.6% month-on-month, with new model Ora 5 set to launch [1] - Tank sales reached 24,000 units, up 19.5% year-on-year and 8.2% month-on-month, boosted by the launch of the 2026 Tank 400 [1] - Pickup sales were 16,000 units, up 1.0% year-on-year and 13.6% month-on-month, driven by the launch of the 2026 Great Wall Cannon [1] - The combined sales of WEY and Tank brands accounted for 27.7% of total sales in November, indicating an increase in high-priced model sales [1] Group 2: International Sales and Strategy - The company achieved record overseas sales of 57,000 units in November, a year-on-year increase of 32.7% and accounting for 43.0% of total sales [2] - Cumulative overseas sales from January to November reached 449,000 units, up 8.9% year-on-year [2] - The core overseas market, Russia, showed significant recovery with October sales reaching 183,000 units, up 35% month-on-month [2] - The company is expanding its international presence with new model launches in Thailand and Chile, and the 10,000th vehicle rolling off the assembly line in Uzbekistan [2] - For 2026, the company plans to increase new product launches, including the Ora 5 in major markets such as Europe, Australia, South America, and Africa [2] Group 3: Financial Projections - The company expects revenue to reach 227.1 billion, 274.1 billion, and 322.4 billion yuan from 2025 to 2027, representing year-on-year growth of 12.3%, 20.7%, and 17.6% respectively [3] - Projected net profit attributable to shareholders is expected to be 13.93 billion, 16.80 billion, and 19.54 billion yuan for the same period, with year-on-year growth of 9.7%, 20.6%, and 16.3% respectively [3] - The company maintains a "recommended" rating based on these projections [3]

文/羊城晚报全媒体记者 李钢 郭思琦 图/羊城晚报全媒体记者 钟振彬 刘畅 12月2日，"贸易与关税冲突下的世界经济发展走势"成为"2025从都国际论坛"的热议话题。在大会论坛上，外国前政要代表、学者代表纷纷表 达自己对于当下世界经济态势的看法。 意大利前总理、欧盟委员会前主席罗马诺·普罗迪认为，当前的关税和贸易战，并不意味着全球化的终结，而是要对全球化进行深刻的反思。 要成为世界经济的积极推动者，欧洲需要团结一致，并且做到互惠、透明、共同讨论和可持续发展。欧洲如果无法和中国形成实质性的互相理 解，就会失去自己的发展机会。 香港大学政治与公共行政学系教授、当代中国与世界研究中心创始主任李成表示，中国正在成为一个科技强国，并且非常强调科技与生产力的 结合。而任何对这一趋势的遏制，反而会导致中国在科技领域更加积极的作为。 玻利维亚前总统豪尔赫·基罗加提出，南美洲的国家有丰富的资源，而中国是主要的买家，因此南美洲各国和中国有很好的机会来加强和深化 彼此间的贸易关系。现在全球都在关注气候变化，而中国正在以压倒性的优势去占领绿色经济领域，中国的创新与监管可能与西方世界一样 快，甚至更好。 南京大学国际关系学院院长、南京 ...

Core Insights - The company has evolved from a traditional "equipment supplier" to a "leader in intelligent manufacturing operations," emphasizing global collaboration and smart manufacturing as key growth strategies [1][3]. Globalization and Integration - The management recognizes that successful mergers and acquisitions require more than just capital; effective integration is crucial [2]. - Between 2017 and 2020, the company acquired German Preh IMA Automation and Austrian Macarius GmbH, establishing a significant multinational R&D and delivery network [2]. - The integration challenges included team building, customer relationship management, and optimizing factory capacities [2]. - The management philosophy focuses on a unified technical and managerial language, trust in team capabilities, and a balance between empowerment and oversight [2]. Global Order Acquisition - The company has successfully secured projects from major clients like BMW, ZF, Bosch, and Procter & Gamble, implementing a "local delivery + local service" model [3]. - Establishing a unified global management system is essential for sustaining international strategic initiatives [3]. Intelligent Manufacturing Methodology - The company's automated production lines exemplify efficiency, capable of assembling complex products in a fraction of the time previously required [4]. - The company is expanding into various sectors, including new energy, consumer goods, and medical equipment, driven by the need to innovate and adapt to diverse market demands [4][5]. - The approach to non-standard production involves identifying standardized solutions to enhance efficiency and reduce costs [4]. Robotics and Future Trends - The establishment of a joint venture for humanoid robots marks a strategic move into advanced automation, reflecting the company's commitment to future manufacturing paradigms [6]. - The company has made significant progress in its robotics division, launching new models with advanced capabilities [6]. - Market feedback indicates strong demand, with expectations of over 2,000 units in production by next year, highlighting a trend of rapid order cycles and growth [7].