Group 1 - The National Internet Information Office is intensifying efforts to rectify online financial information chaos, closing accounts and websites that spread false information about the capital market and engage in illegal stock recommendations and cryptocurrency trading [1] Group 2 - Hong Kong's Chief Executive, John Lee, aims to leverage Hong Kong's geographical advantages and logistics infrastructure to establish it as a cross-border e-commerce logistics hub in the Greater Bay Area, focusing on digital transformation and data transaction facilitation [2] Group 3 - The China Securities Regulatory Commission has imposed fines exceeding 2 billion yuan on Tian Han and related companies for illegal stock transfers and false disclosures regarding "Aoyuan Meigu" [3] Group 4 - Trump has threatened tariffs on Samsung and other smartphone manufacturers, indicating that any phones made abroad and sold in the U.S. could face at least a 25% tariff, which may lead to industry restructuring and increased uncertainty for global manufacturers [7] Group 5 - Trump supports the acquisition of U.S. Steel by Japan's Nippon Steel, which is expected to create 70,000 jobs and generate $14 billion in economic benefits, indicating a significant shift in the U.S. steel industry [8] Group 6 - Dongfeng Motor and Huawei have signed a comprehensive strategic cooperation agreement to enhance collaboration in automotive intelligence and digitalization, aiming to strengthen China's position in the smart vehicle sector [9] Group 7 - Huawei's open-source HarmonyOS project has seen over 1,100 software and hardware products pass compatibility testing, reflecting Huawei's strong performance in the operating system sector [10][11] Group 8 - BYD has launched a promotional campaign for 22 models with discounts up to 53,000 yuan, aiming to accelerate the adoption of intelligent driving technology and market penetration [12]

Core Viewpoint - Hongdou Group is transforming its traditional manufacturing approach through digitalization and innovation, aiming for high-end product development and international market expansion, as evidenced by its significant patent applications and advanced manufacturing processes [1][4][7]. Group 1: Innovation and Technology - In 2024, Hongdou Group applied for 388 patents, bringing the total to 5,185 patents, showcasing its commitment to innovation [1]. - The company utilizes a "smart fitting cabin" for personalized suit measurements, collecting 19 data points that are sent to a fully connected factory for production [2]. - The production of a suit involves 293 processes, with a production capacity of approximately 2,000 suits per day, demonstrating efficiency and advanced manufacturing techniques [3]. Group 2: High-End Product Development - Hongdou Group's tire division has developed a high-performance tire for electric vehicles, incorporating five national patents over the past decade [4][6]. - The use of natural materials like Du Zhong rubber in tire production has significantly improved durability and performance, achieving international standards in testing [6]. Group 3: International Expansion - The company is transitioning from selling products to selling designs, exemplified by a recent order for 10,000 men's woolen coats from a German client [7]. - Since 2019, Hongdou Group has been expanding its cross-border e-commerce business, resulting in a 186% year-on-year increase in total merchandise trade in 2024 [7].

Group 1 - The 2025 Yiwu E-commerce Expo is set to take place from June 21-23, 2025, in Yiwu, which is recognized as a global trade hub and a key driver of digital transformation and industry innovation [1][4] - The expo will feature over 20 popular cross-border platforms, 200+ cross-border service providers, 1200+ source factories, and attract over 100,000 professional visitors [4] - The event will include eight major exhibition areas covering various sectors such as home goods, electronics, outdoor camping, and creative products, integrating resources from source manufacturers, service platforms, and cross-border logistics [4] Group 2 - The pet industry is experiencing significant growth, driven by rising living standards and the increasing role of pets in households, creating new opportunities for diversification in pet-related products and services [3] - The expo serves as an excellent opportunity for pet industry enterprises to understand the market, expand channels, and connect with partners [4][3] - The organizing committee has actively engaged with quality manufacturers and exhibitors at the pet expo to facilitate precise invitations for buyers [3]

多措施巩固提升香港航运业务 得益于香港国际航运中心地位和国际航空枢纽，香港发展数字贸易和跨境电商有天然优势。在李家超此前发布的施政报告中，曾就巩固提升香港国际航运中心地位 和国际航空枢纽提出多项措施。 重磅发声。 5月24日，香港特区行政长官李家超在"购在中国·2025大湾区消费季"启动仪式上致辞。 李家超 表示，将会善用香港优越的地理位置，以及一流的运输物流基建设 施，将香港打造成为区内的跨境电商物流配送中心。同时，会扩展 "BUD专项基金"下电商易计划的资助范围，涵盖更多地区。 李家超：将香港打造成为区内的跨境电商物流配送中心 李家超表示，粤港澳大湾区人口超过8600万，生产总值超过14万亿元人民币，不仅是国家开放程度最高、经济活力最强的区域之一，其蓬勃发展的消费市场也为国 家构建新发展格局提供了重要支撑。数字贸易是大湾区的优势产业，为大湾区的高质量发展带来庞大机遇。香港是国际金融、航运、贸易中心，也是粤港澳大湾区 的中心城市之一。香港特区政府正积极发挥"一国两制"下背靠祖国、联通世界的独特优势，推动数字贸易发展。 李家超还表示，香港特区政府会善用香港优越的地理位置，以及一流的运输物流基建设施，将香港打造 ...

智通财经5月24日电，香港特区行政长官李家超今天出席"购在中国·2025大湾区消费季"启动仪式并致 辞。他表示将善用香港优越的地理位置，以及一流的运输物流基建设施，将香港打造成为区内的跨境电 商物流配送中心。同时，会扩展"BUD专项基金"下电商易计划的资助范围，涵盖更多地区，并且透过由 香港贸易发展局举办的"香港好物节"和推行新的"电子商务快线"服务，加强香港品牌在境外市场的曝光 和竞争力，协助企业拓展电商业务。未来，香港特区政府会继续加快产业数字转型、加强数字基础建 设、研究促进数据交易生态，并且以大湾区作试点探讨便利数据跨境流动安排，推动数字经济和实体经 济融合发展。 李家超：将香港打造成为区内的跨境电商物流配送中心 ...

今天分享的是：跨境电商运营：2025年中国跨境电商中大型品牌商家ERP需求洞察报告 引出 《2025年中国跨境电商中大型品牌商家 ERP需求洞察报告》 多平台全渠道数字化系统集成,助力商家全域韧性增长 报告共计：41页 《2025年中国跨境电商中大型品牌商家ERP需求洞察报告》指出，中国跨境电商ERP市场在企业出海4.0阶段（以产品力与品牌力为核心）和全球贸易不确定 性加剧的双重驱动下快速发展，2024年市场规模13.2亿元，预计2028年达18.9亿元。中大型品牌商家（年GMV超亿元的精品型商家及知名出海品牌）面临多 平台全渠道运营的数据割裂、系统集成低效、业财协同困难等核心痛点，95.1%商家使用2个及以上业务系统，但仅20.8%实现全渠道打通，导致运营效率、 数据应用及合规风险等问题突出。 商家核心需求集中于多平台全渠道数字化集成，包括订单与库存实时同步（72.7%面临订单同步滞后）、业财合规一体化（56.5%依赖人工核验税务流 程）、数据安全（68.5%受跨境数据法规限制）及智能决策支持（68.8%需求智能选品分析）。选购ERP时，52.3%通过行业峰会获取信息，高层主导决策并 注重跨部门协同，预算占 ...

2025 Interim Results Presentation Mar 2025 2025 Interim Results Overview Results summary (cont'd) – Key Highlights Resilient rental portfolio •Revenue: down 16% to HK$2,548m •NLAT: loss reduced to HK$118m from loss of HK$1,853m •Adjusted EBITDA1 : down 5% to HK$494m •Adjusted NLAT2 : reduced 23% to HK$412m •NAV: HK$26bn Financial results Hotel revenue steady Recognition of property sales - HK partially offset China Admin expenses reduction Finance costs reduction •Revenue: down 54% to HK$648m •NLAT: loss re ...

Group 1: Core Insights - The rise of trade protectionism is leading to significant changes in cross-border e-commerce, with small parcel tax exemptions facing unprecedented challenges [1][2] - Major economies are coordinating to tighten tax incentives for cross-border e-commerce, reflecting a global trend towards stricter regulations [2][3] Group 2: Tax Policy Adjustments - The EU has announced a uniform fee of 2 euros for small parcels entering the EU, marking a fundamental shift from the previous exemption policy for parcels under 150 euros [1] - The U.S. will officially eliminate the tax exemption for parcels valued under 800 dollars by May 2025, which has been a crucial driver for cross-border e-commerce [1] - Japan is considering a 10% consumption tax on low-cost imports valued at 10,000 yen or less, with implementation planned for 2026 or later [2] Group 3: Underlying Reasons for Policy Changes - Data shows a dramatic increase in low-cost imports, with Japan reporting 169.66 million items valued at 425.8 billion yen, five times the volume from five years ago [3] - The EU is facing challenges with 4.6 billion parcels under 150 euros expected in 2024, 90% of which are from China, leading to increased customs pressure [3] - In the UK, over 95% of 100 million overseas small parcels were not subject to safety inspections, raising concerns about tax evasion and safety risks [3] Group 4: Domestic Pressures Driving Policy Changes - Major UK retailers are criticizing tax exemptions for fostering unfair competition from overseas platforms [6] - Governments are grappling with tax revenue losses and regulatory challenges due to the influx of small parcels, which also raises security concerns [6] - There is resistance from consumers and small businesses regarding the potential increase in operational costs and consumer prices due to the removal of tax exemptions [6] Group 5: Impact on Cross-Border E-Commerce - The policy changes will fundamentally alter the cost structure for cross-border e-commerce sellers, particularly those relying on low-margin sales [7] - In the EU, the new 2-euro fee per parcel could eliminate profits for sellers dependent on thin margins, especially with the potential removal of the 150-euro tax exemption [7] - The introduction of a 10% consumption tax in Japan, along with new compliance obligations, will significantly increase operational costs for small sellers [7] - The U.S. policy change will require many previously exempt items to pay tariffs, impacting pricing strategies for sellers [7][9]

久祺股份有限公司投资者关系活动记录表 | 投资者关系活动 | √特定对象调研□分析师会议 | | --- | --- | | 类别 | □媒体采访□业绩说明会 | | | □新闻发布会□路演活动 | | | □现场参观 | | | □其他（请文字说明其他活动内容） | | 参与单位名称及 | 详见附件 | | 人员姓名 | | | 时间 | 年 月 日（星期四） 2025 5 22 | | 地点 | 杭州城中香格里拉酒店 | | 上市公司接待人 | 1、董事会秘书兼财务总监雍嬿 | | 员姓名 | 2、证券代表 陆佳骐 | | | 1、公司目前 E-BIKE 销售占比是多少，未来 E-bike 前景如 何？ | | | 答：根据公司披露的 2024 年年度报告数据，E-BIKE 产品占 | | | 公司整体营业收入的比例大概为 10%。 | | | 目前来看 E-BIKE 产品未来市场空间呈现积极发展趋势。公 | | | 司开发智能控制系统及与高校合作研发，以提升竞争力。从行业 | | 投资者关系活动 | 趋势看，全球环保政策及绿色出行理念的普及加速了 E-BIKE 对 | | 主要内容介绍 | 传统交通勤自 ...

21世纪经济报道记者周妙妙深圳报道 备货、包装、排柜、检查、装柜……这是最近一周，深圳一家货代公司"爆仓"的日常场景。 集装箱里装的可能是此前受所谓"对等关税"影响而积压的货物、外贸公司收到的美国新订单、跨境电商 卖家的又一次补货等。 一周之后，他的店铺经营又回到了正轨，但跨境电商行业已有新变化。 "5月，全托管商品全部下架，流量反而集中到我们半托商家身上了。海外仓里两个月的货两个星期就搞 （完）了。"章生的店铺主营家居百货、日用百货等类目，他直言店铺受到的影响有限。 在"枕头"来之前，他已做好充分的应对方案，例如，在T86政策取消前从全托管模式转为了半托管模 式，并提前将两个月的备货发往海外仓。 半托管模式下，他要需要完成仓库管理、发货履约、维护库存、末端配送等全流程的物流服务，将海外 仓的库存商品上架Temu销售。 4月29日，他在朋友圈分享了一张达成"明星卖家"成就的截图。 截图显示，"明星卖家"是指卖家在过去30天内在其经营的主要产品类别中名列前茅。卖家排名综合考虑 了多种因素，包括当前购物所在国家/地区网站的销售和评论评分。根据这些标准，排名前5%的卖家会 显示"明星卖家"标签。 Temu全托管模式 ...