以下文章来源于霞光社 ，作者李小天 霞光社 . 赋能企业全球化 来源|霞光社 作者｜李小天 "2018年，我们刚到乌兹别克斯坦的时候，好一点的翻译人员，月薪只有五六百美金，还需要附带 完成一些行政类工作；而今年，优质翻译的月薪涨到了至少1800美金。" 如今，中国与哈萨克斯坦、乌兹别克斯坦两个中亚大国已经实现互免签证，彼此的经贸往来更为密 切。中国商品，正通过速卖通、Temu、淘宝等中国跨境电商平台，以及Kaspi、Uzum等中亚本土 电商平台，潜移默化地渗透进中亚消费者的日常生活。根据哈萨克斯坦国家邮政公司（QazPost） 的数据，2024 年 1-10 月，来自中国的入境包裹量同比增长了 67%，包裹数量从 270 万件增至 450 万件。 2020年，旅行作家刘子超在《失落的卫星：深入中亚大陆的旅程》一书的尾声中写道："今天，中 国的崛起将会为中亚带来不同的前景。在旅行中，我已经目睹了这个进程的萌芽状态——带着新生 事物的生机、慌张和无所畏惧——但随着时间的演进，一切都会变得更加清晰。我甚至在想，不久 的将来，眼前的一切可能会彻底改变，古老的中亚将变得面目全非——期待也好，怀乡也罢，这将 是中亚未来的 ...

新疆立新能源股份有限公司 Xinjiang Lixin Energy Co., LTD. （新疆维吾尔自治区乌鲁木齐市头屯河区经济技术开发区玄武湖路 477 号新疆 能源大厦 10 层） 并在主板上市 募集说明书（修订稿） 保荐机构（主承销商） 新疆乌鲁木齐市高新区（新市区）北京南路 358 号大成国际大厦 20 楼 2004 室 新疆立新能源股份有限公司 募集说明书 声明 本公司及全体董事、监事、高级管理人员承诺募集说明书及其他信息披露资 料不存在任何虚假记载、误导性陈述或重大遗漏，并对其真实性、准确性及完整 性承担相应的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人保证募集说明书中财务 会计资料真实、完整。 上述政策预计将导致公司发电项目尤其是增量项目未来售电均价呈下降趋 势，如果公司未能采取有效的售电策略，并快速降本增效适应新的竞争格局， 未能打造出自身的核心竞争力，将对公司业务发展造成较大的不利影响。 报告期内，公司保障性收购电价（不含补贴）分别为 0.20 元/千瓦时、0.21 元/千瓦时、0.21 元/千瓦时和 0.22 元/千瓦时，公司参与市场化交易电量占上 网电量比重分别为 22. ...

Group 1: Company Growth and Market Position - The company achieved a revenue of 319 million CNY in Q1 2025 for its enterprise storage products, representing a year-on-year growth of over 200% [3] - The company is one of the few A-share listed companies that publicly disclose specific enterprise storage product performance, indicating a strong market position [3] - The company has established recognition among major clients across various industries, including large internet companies and telecom operators, showcasing the adaptability and reliability of its products [3] Group 2: AI Infrastructure and Storage Demand - The demand for storage is expected to rise due to increased investment in AI infrastructure, which requires enhanced computing and storage capabilities [3] - The penetration rate of DDR5 in RDIMM products has significantly increased, driven by the performance requirements of AI servers [3] - eSSD's advantages in speed and energy efficiency are leading to its widespread adoption, replacing HDDs in cloud service providers [3] Group 3: TCM Model and Revenue Impact - The company has partnered with SanDisk to leverage its strengths in chip control and firmware development, aiming to introduce high-quality UFS products for the mobile and IoT markets [5] - The UFS4.1 product, featuring high sequential read/write speeds of 4350MB/s and 4200MB/s, has outperformed mainstream market products [5] - The TCM model is expected to enhance revenue and profit by improving visibility in supply and demand, thereby mitigating price volatility [6] Group 4: Self-Developed Controller Chips - The company has launched three self-developed controller chips for eMMC, SD cards, and automotive-grade USB products, with cumulative applications exceeding 30 million units [7] - The self-developed controller chips are anticipated to see significant growth in application scale throughout 2025 [7] - The company plans to maintain long-term collaborations with third-party controller chip manufacturers to diversify its product offerings [7] Group 5: Storage Price Trends - The semiconductor storage market has shown signs of recovery since late March 2025, driven by inventory digestion and increased downstream demand [8] - Price increases in storage products are expected in Q3 2025 due to inventory needs from server OEM customers and rising storage capacities in mobile devices [8] Group 6: Lexar and Zilia Business Growth - Lexar's global sales revenue reached over 3.5 billion CNY in 2024, with significant growth potential in market share [9] - Zilia achieved a revenue of 2.312 billion CNY in 2024, marking a year-on-year growth of 120.15%, with a 45.08% increase in Q1 2025 [10] - The integration of Zilia into the company's operations has enhanced its overseas market presence and product offerings [10]

中经记者 庄灵辉 卢志坤 北京报道 山河智能（002097.SZ）正持续加码国际市场。 日前，山河智能发布公告称，其境外全资子公司Avmax Group Inc.（以下简称"Avmax"）与Qantas Airways Limited（以下简称"Qantas"）签署了两份《飞机销售协议》，将购置对方持有的16架DHC-8 300飞机，不含税总价为5114.21万美元。 对于此次资产购置，山河智能方面表示，是为充分把握全球航空业逐步复苏、支线航空市场持续增长的 契机，提升市场竞争力，为公司带来稳定的收入及现金流。 "新购置的16架DHC-8-300飞机将重点部署在亚太和北美市场的短途高频航线，可向客户租赁或者出售 飞机。"山河智能方面向《中国经营报》记者表示，航空产业是山河智能极为重要的板块，未来Avmax 会持续引进新一代的环保机型，服务于亚太、非洲等新兴市场的短途航线需求。 彼时，山河智能方面指出，Avmax拟从Qantas购置16架DHC-8 300（Dash 8-300）型涡桨飞机，不含税总 价为5114.21万美元，含税总价为5625.63万美元。按照当时汇率计算，相应交易含税总价折合人民币超4 亿元 ...

Core Insights - Despite elevated interest rates and ongoing trade tensions, the largest U.S. banks continue to report strong financial results [1] - In Q2, the five largest U.S. banks saw a 17% increase in trading revenues and a 7% rise in investment banking revenues compared to the same quarter last year [2] Trading Performance - Volatility in the markets has become a business driver for banks' equities trading desks, with profits dependent on trade volume rather than market direction [3] - Banks have benefited from increased trading activity due to dramatic stock price swings, facilitating trades and collecting fees [4] Diversification and Resilience - The performance of financial services firms highlights the importance of diversification, allowing banks to thrive regardless of high interest rates or economic challenges [5] - Corporate clients remain active in pursuing mergers, issuing debt, and going public despite trade uncertainties, indicating a robust deal-making environment [6] Earnings Highlights - Morgan Stanley reported Q2 2025 earnings per share of $2.13, exceeding estimates and up from $1.82 a year ago, with net revenues of $16.79 billion, a 12% increase [7][8] - Goldman Sachs achieved Q2 EPS of $10.91, surpassing estimates and rising from $8.62 a year ago, with Global Banking and Markets revenues up 24% to $10.1 billion [9] - JPMorgan's quarterly earnings were $4.96 per share, beating estimates and up from $4.4 a year ago, with revenues of $44.91 billion exceeding expectations [10] - Wells Fargo reported adjusted EPS of $1.54, surpassing estimates and up from $1.33 in the prior year, while Citigroup's adjusted net income per share was $1.96, a 28.9% increase year-over-year [11] Investment Opportunities - Financials-based exchange-traded funds (ETFs) are expected to gain traction in light of the strong performance of banks, including iShares U.S. Financial Services ETF and Financial Select Sector SPDR [12]

Group 1 - The core viewpoint of the article highlights the competitive landscape of the power battery industry, particularly focusing on the challenges faced by Yiwei Lithium Energy as it prepares for its IPO in Hong Kong amidst a tightening market dominated by giants like CATL and BYD [2][3][4]. - Yiwei Lithium Energy has been actively expanding its production capacity, with plans exceeding 300 GWh, but faces a declining market share, dropping to 2.3% in 2024, ranking fifth among domestic manufacturers and ninth globally [7][9][11]. - The company has experienced increasing net losses despite revenue growth, with a projected revenue of 48.615 billion yuan in 2024, a slight decrease of 0.35% year-on-year, and a net profit of 4.076 billion yuan, reflecting a marginal increase of 0.63% [11][12][20]. Group 2 - The article discusses the aggressive financing strategy of Yiwei Lithium Energy, which has raised over 26 billion yuan through multiple rounds of financing since 2020, indicating a strong push for market presence and capacity expansion [16][18]. - The company is also focusing on international markets, with significant investments planned for its production bases in Hungary and Malaysia, aiming to leverage high-margin opportunities abroad [15][30]. - The competitive environment is characterized by a "stock competition" phase, where market share is increasingly concentrated among top players, leaving second-tier manufacturers like Yiwei Lithium Energy with limited room for growth [24][31].

金十数据7月18日讯，7月18日，由深交所主办的"境外投资者走进粤港澳大湾区上市公司"活动在深圳和 东莞举行，来自20余家境外主权基金、大型长线资产管理机构的近40位代表，走访了立讯精密、麦格米 特、中集车辆等3家深市上市公司。下一步，深交所将在中国证监会领导下，稳步扩大对外开放，进一 步拓展境外投资者服务的深度和广度，持续组织、引导更多优质深市上市公司与境外投资者双向对接， 讲好中国资本市场故事，吸引更多境外中长期资金入市，共享中国经济高质量发展新机遇。 境外投资者走进深市大湾区上市公司 ...

本次活动聚焦粤港澳大湾区企业发展新质生产力主题，邀请境外投资者通过车间展厅实地参观和高管座 谈交流，近距离了解公司发展战略、业务模式、产品特点和创新成果，亲身感受粤港澳大湾区创新发展 动能和深市上市公司韧性活力。 智通财经7月18日电，由深交所主办的"境外投资者走进粤港澳大湾区上市公司"活动7月18日在深圳和东 莞举行，来自20余家境外主权基金、大型长线资产管理机构的近40位代表，走访了立讯精密、麦格米 特、中集车辆等3家深市上市公司。 下一步，深交所将在中国证监会领导下，稳步扩大对外开放，进一步拓展境外投资者服务的深度和广 度，持续组织、引导更多优质深市上市公司与境外投资者双向对接，讲好中国资本市场故事，吸引更多 境外中长期资金入市，共享中国经济高质量发展新机遇。 近年来，深交所坚持"走出去"和"引进来"并重，一方面累计组织百余家深市上市公司赴境外路演推介， 另一方面组织开展"境外投资者走进深市上市公司"系列活动，通过双向对接增进相互了解与信任，进一 步增强境外投资者对中国资产"科技叙事"的认同和长期参与A股市场的信心。 深交所：进一步拓展境外投资者服务的深度和广度 持续组织、引导更多优质深市上市公司与境外 ...

证券代码：000713 证券简称： 丰乐种业 公告编号：2025--033 合肥丰乐种业股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、本期业绩预计情况 项 目 本报告期 上年同期 归属于上市公司 亏损：2500 万元—3000 万元 亏损：2234.22 万元 股东的净利润 扣除非经常性损 亏损：3000 万元—3500 万元 亏损：2734.73 万元 益后的净利润 基本每股收益 亏损：0.0407 元/股—0.0488 元/股 亏损：0.0364 元/股 二、与会计师事务所沟通情况 本次业绩预告相关财务数据未经注册会计师预审计。 三、业绩变动原因说明 销售收入同比增长，新推出的乐优系列及祥两优系列品种在产量、抗 病性等方面表现优异，毛利高，拉升平均单价。玉米种子销售收入同 比下降，主要原因一是受国内玉米种子市场供大于求、行业去库存压 力增大、市场竞争加剧等因素的影响；二是转基因品种铁 391K 市场维 权不及预期，退货量增加。 业务结构，减少低毛利产品销售；二是为改进和提升安全环保生产水 平减少了原药及中间体产量，影响销售收入；原药市场 ...

为规范银行间市场经纪业务，人民银行起草并在7月18日发布《银行间市场经纪业务管理办法（征求意见 稿）》（下称《办法》），《办法》共26条细则，明确经纪机构不得参与债券一级发行和柜台债券业务 等。 货币经纪公司是金融市场的交易中介。近年来，货币经纪公司等经纪机构对银行间市场交易的影响逐步增强。 2024年，通过经纪机构成交的银行间本币交易额达到433万亿元，范围上涵盖债券回购、同业拆借、现券交 易、利率衍生品等品种，在全市场总成交额中占比20%。 央行在《办法》起草说明中指出，货币经纪公司已成为联系各类市场参与机构的枢纽，对二级市场信息汇聚和 定价、交易效率和市场流动性有着重要影响。同时，银行间市场缺乏对经纪业务进行专门规范的制度文件，需 加强对经纪业务的功能和行为监管。 《办法》对经纪业务进行全面规范，包括明确经纪机构类型和执业范围、经纪机构入市和风险隔离要求，并强 化对客户的资质管理、信息披露和通讯工具使用等要求，完善了监管要求和罚则。 在经纪机构的类型上，《办法》明确，经纪机构包括货币经纪公司以及其他提供经纪服务的金融机构，对证券 公司等机构开展经纪业务，参照货币经纪公司进行同等管理。 在经纪机构的执业范 ...