Core Insights - The report by KPMG China analyzes the strategic pathways and solutions for Chinese renewable energy companies entering the European and American markets, highlighting the significant opportunities despite a challenging external environment [1] - The demand for smart and digital upgrades in the European and American power grids presents substantial investment opportunities for the entire power industry chain, positioning China favorably in the global market [1] - The report continues the research framework established for the Middle East and Southeast Asia, focusing on the policy environment, market demand, and competitive landscape in the fields of photovoltaics, energy storage, and wind power [1] Industry Trends - Chinese renewable energy enterprises are evolving from merely exporting products to extending their reach into production, services, and supply chains [2] - There is a growing need for Chinese companies to thoroughly research the high regulatory and compliance requirements of developed markets and to establish systematic strategic planning and layout [2]

Group 1 - The event "Chinese Lawyers Going Global Training Program - Hong Kong Station" was held at the University of Hong Kong, featuring a lecture by Ge Jun on compliance management and global operations for Chinese enterprises [1] - Ge Jun, with extensive experience in global legal affairs at major companies like Intel, Apple, and NVIDIA, emphasized the importance of compliance in international business expansion, noting that one-third of failures in international ventures are due to compliance issues [1][2] - The first session attracted over 70 participants, including leaders and senior lawyers from mainland law firms with rich legal experience in various sectors such as infrastructure, energy, and finance [1] Group 2 - The training program aims to help Chinese lawyers navigate different legal systems and master international rules, thereby building a high-value business moat for enterprises going global [2] - Ge Jun's lecture provided practical knowledge and insights, aiding participants in understanding compliance and cultural integration in overseas business, which will enhance their ability to offer professional cross-border legal services [2]

加速冲向东南亚的盐津铺子再次展示了出海野心——在近期公布的投资者关系活动记录中，盐津铺子表 示其海外市场的战略定为"3-5年再造一个盐津"，目前计划夯实基础。 这也是这家公司对其海外市场战略的最新表态。按照其2024年53.04亿元的营收来看，"再造一个盐 津"的计划，意味着这家公司海外营收要在3-5年达到这一数值，整体营收则要跨过百亿元大关。 "盐津铺子2024年海外销售额超过6000万元，这无疑给了盐津铺子十足的信心，说明出海的第一步走得 又稳又快，但是三到五年希望达到国内的水平，相对来说是有难度的。"凌雁管理咨询首席咨询师、餐 饮及食品行业分析师林岳对智通财经表示，在他看来，尽管海外市场具备增长潜力，但市场也受经济环 境、政策、消费习惯等因素所左右。 智通财经记者 | 马越 智通财经编辑 | 牙韩翔 2024年年报显示，盐津铺子的休闲魔芋制品在2024年实现营收8.38亿元，同比2023年大增76.09%。这一 品类贡献总营收的比例也达到了15.81%，仅次于占据总营收21.83%的烘焙薯类。 另一个被寄予厚望的鹌鹑蛋，其快速增长的业绩也在2024年年报中得到验证。2024年蛋类零食实现营收 5.80亿 ...

点击按钮▲立即预约 " 5 月 8 日是吴晓波频道的创办日，感谢所有在过去的 11 年里陪伴我们一起成长和学习的同学们。每年这个时候，我们都会举办一个系列直播。今年的主题是企业出 海。 " 文 / 吴晓波（微信公众号：吴晓波频道） 六月的早晨八点，城市的马路上挤满了密密麻麻的本田摩托车。 旁边紧挨着的是宽敞明亮的名创优品连锁店。马路的尽头，巨大红字的比亚迪海报上写着"WE ARE NO.1"。 这一幅生动的街景，是越南胡志明市的清晨。事实上，在今天的东南亚很多国家，都可以目睹类似的场景。 胡志明市富洞六路十字路口 2023年6月，我去印尼调研，当地朋友组织 了 一些创业者与我座谈。刚刚坐下来，一个人就悄悄把一杯咖啡递到我手里，他学瑞幸模式，在短短 一年时间里开了 200多家连锁店。一位做化妆品的创业者上台介绍他的公司，在PPT的最后一页，他写了四个字： "生而全球"。 我当时身躯一震。他是替一代出海人喊出了时代的宣言。 去年是我的最后一场 "吴晓波年终秀"，我将这四个字定为中场演讲的主题，在我看来，"生而全球"浪潮与人工智能革命，是这一代中国创业者最 为重要的两个百年机遇。 一个年轻人的车后座，斜绑着一台AQ ...

如果说2025年之前，出海还只是部分公司的选择， 那在2025年之后，出海已经成为了一个"必答题"。 因为对于国内大部分企业来说，海外市场都是远大于国内市场的。 1.纸质资料《中国企业出海指南》 2.线上课程《境内企业赴美国上市的法律实务解读》 3.梧桐定制笔记本1个 然而，在贸易战、关税壁垒和逆全球化冲击下，当前企业出海的风险和困难比大部分人想象的还要大， 为了提升企业出海的成功率， 我们已经把企业出海最容易失败的地方和重点注意事项逐一梳理好了， 就在最新上线的 《中国企业出海指南》 中。 中国企业出海指南 中国企业出海指南 扫码立即购买/试读 《中国企业出海指南》共有 332页 ， 15.5万字 ，9个章节，主要从海外布局、监管要求、股权架构、 审批流程、交易文件、合规风险、税务考量、区域国别等角度出发，全景式梳理了企业出海的实务要 点。 出海的重要时间点 出海目的地变化 出海浪潮的前世今生 出海模式的转变 未来展望 新的增长点 享受政策支持 出海的主要优势 e 获取资源和技术 降低单一市场风险 1. 中企出海的常见路径 资金来源 出海的关键要素 人员配置 0 律师作用 出海路径介绍 出海的主要路径 协议 ...

Core Insights - A-share listed companies demonstrated strong resilience in 2024, with total operating revenue reaching 62.33 trillion yuan, a year-on-year increase of 0.57%, and net profit attributable to shareholders of 5.06 trillion yuan, up 1.05% [1][2] - The growth was primarily driven by advancements in artificial intelligence (AI) technology, which significantly boosted demand in sectors such as GPU, PCB, and storage chips [2][3] - Despite overall growth, non-financial companies faced challenges, with a slight decline in revenue and a notable drop in net profit [1][3] Financial Performance - Among the 5402 listed companies, 4029 reported positive earnings, with 548 companies achieving over 100% growth in net profit [2] - The chemical company Zhengdan achieved a remarkable 119-fold increase in net profit, driven by soaring TMA prices due to supply-demand imbalances [2][3] - The semiconductor sector saw significant profit increases, with companies like Zhaoyi Innovation and Weir Shares reporting net profit growth of 584.21% and 498.11%, respectively [3] Sector Analysis - The AI sector is identified as a key growth driver, with companies in the GPU, PCB, and optical module industries experiencing substantial performance improvements [2][3] - The consumer electronics market is also rebounding, with a reported 5.6% year-on-year increase in smartphone shipments in China [3][4] International Expansion - A total of 3653 listed companies reported overseas revenue of 9.43 trillion yuan, accounting for approximately 20% of their total revenue [6][7] - Companies like Luxshare Precision and BYD achieved over 100 billion yuan in overseas revenue, with notable growth in emerging markets [6][7] - The internationalization strategies include local market investments and partnerships, particularly in Africa and the Middle East [7][8] Challenges and Losses - Despite overall positive performance, 124 companies reported net losses exceeding 1 billion yuan, with the real estate sector being particularly affected [9][10] - Vanke A led the loss rankings with a staggering 494.78 billion yuan loss, highlighting the difficulties faced in the real estate market [9][10] - The energy sector, including solar and lithium companies, also reported significant losses due to overcapacity and intensified competition [10] Regulatory Environment - The introduction of stricter delisting regulations is expected to normalize the delisting process, with 52 companies delisted in 2024 [11][12] - New rules include higher thresholds for financial delisting criteria, aiming to enhance market stability and protect investor interests [11][12]

Core Insights - The snack industry has seen significant revenue growth, driven by new product launches and channel restructuring, including social e-commerce and discount stores [1][2] - Despite revenue growth, snack companies are facing challenges in maintaining profitability, with fluctuating sales expenses and gross margins [1][8] Revenue Growth Drivers - Major snack companies reported substantial revenue figures for 2024, with Three Squirrels leading at 10.622 billion, followed by other companies like Liangpinpuzi and Qiaqia Foods [2] - New product development has been highlighted as a key contributor to revenue, with Three Squirrels launching over 20 new products that achieved significant sales [3][4] Channel Expansion - The restructuring of sales channels has provided new opportunities for snack companies, with a focus on e-commerce and discount stores [5][6] - Three Squirrels reported an 81.73% increase in revenue from Douyin, indicating the effectiveness of digital marketing strategies [4] International Market Growth - Companies are increasingly targeting international markets, particularly Southeast Asia, to expand their growth potential [6][7] - Qiaqia Foods and other companies have reported significant growth in overseas sales, with Qiaqia's overseas revenue increasing by approximately 90% [6] Profitability Challenges - Many snack companies have experienced rising sales expenses, with increases ranging from 15.55% to 50.92%, primarily due to higher advertising costs [8][9] - Gross margins have shown volatility, with some companies reporting declines due to rising raw material costs and competitive pricing strategies [10] Dividend Distribution - Several companies have announced substantial cash dividends, reflecting confidence in their operational performance and future growth [11][12] - The total cash dividends and share buybacks for some companies represent a significant portion of their net profits, indicating a strong commitment to returning value to shareholders [11]

深圳被称为"民营经济第一城"和"中国外贸第一城"，民营经济与外贸的"线条"交汇，编织成"出海风帆"。中行深圳市分行以有速度、有力度、有深度的金融服务， 为民营企业"出海"保驾护航，民营经济贷款余额突破3900亿元，民营投放占比超65%。 4月29日，由深圳市工商联和中国银行深圳市分行主办的"金融赋能布局全球"——开拓民营企业发展新格局主题活动在深圳举办，政银企携手擘画民营企业高质量发 展新蓝图，进一步彰显了服务民营企业出海、助力更多"深圳品牌"走向世界的决心。 开拓民营企业发展新格局主题活动现场 以更具实效服务 为民营企业出海架起"金融桥梁" "去年我们实现了超155亿的销售额，其中有80%以上都来自海外市场，客户覆盖了全球100多个国家和地区。做外销收的外汇，都是中国银行帮我们做的便利化结售 汇。"康冠科技供应链总经理、投资总经理吴远在活动分享时表示。据了解，成立于1995年的康冠科技凭借皓丽、KTC、FPD三大品牌矩阵，已经将产品出口到北 美、欧洲、亚洲及澳洲等多个国家和地区，向全世界输出"中国智造解决方案"。 从2007年起，中行深圳市分行就与康冠科技开展了授信合作，此后从跨境结算、汇率风险管理、资金配 ...

4月29日，2025年日本大阪世博会成都专题推介会、德阳城市暨经贸推介会相继在大阪举行。活动 期间，"东京川渝会客厅"项目正式发布，德阳市商务局和日本川渝总商会等进行了现场签约。 当天的推介会上，"东京川渝会客厅"项目发布。该项目将在东京都内核心区域常设展厅和商务接洽 空间，在展示川渝魅力同时，进一步协助政府招商，助推企业出海，加快带动文旅产业项目、农特产 品、美食等进入日本市场。 日本是成都第三大外资来源国、第七大贸易伙伴，2024年成都与日本贸易额达333亿元。近年来， 成都在医疗养老、文化创意、智能制造等领域发展迅速，与日本企业优势融合，合作空间广阔。 当天举行的德阳城市暨经贸推介会上，德阳市商务局和日本川渝总商会、中国国际贸易促进委员会 德阳市委员会和日中经济发展中心、四川窗世界国际贸易有限公司和嘉合株式会社进行了现场签约。 （记者 陈碧红 发自日本大阪） "'东京川渝会客厅'项目，是在政府与企业需求的共同推动下落地的。"日本川渝总商会会长周密介 绍，当前川渝两地需要建立一个更加精准的渠道，在加速推动文化、产业"走出去"同时，进一步引进日 本优质资源。当下，不少企业也有建立海外展示窗口的诉求，以期深耕 ...

全球服务中心Go Global启用。 通讯员供图 4月29日，深圳南山区全力打造的综合性国际服务平台——全球服务中心Go Global正式启用，未来全球 服务中心Go Global将打造成为企业出海的国际总部基地和外企来华的服务窗口，立足"生而全球化"的 南山，链接全球、开启未来。 长期主义 企业要把出海升级为技术和品牌驱动 "全球服务中心就是南山向世界递出的一张名片。"活动现场，南山区委书记黄湘岳向全球企业发出邀 请。黄湘岳介绍，这个平台不仅是"中国船队"的港湾，更是全球合作的码头。希望通过基层实践，打造 好全球服务中心，在市场化、法治化、国际化轨道上构建合作共同体。 南山区拥有众多高新技术企业和优质创新资源，已是出海企业的"摇篮"：中兴通讯的业务已覆盖110多 个国家、大疆业务遍及100多个国家与地区、海能达在全球设立近100家分支机构...... 从家电时代康佳、创维、TCL，到互联网时代的腾讯、中兴、迈瑞；从大疆、传音、云鲸，到如今火出 圈的喜茶、奈雪、蕉下，一大批企业在南山区成长、壮大、成为巨头并走向世界。 经过一年多的走访调研，综合性国际服务平台——全球服务中心Go Global应运而生，让全国企 ...