触媒，是催化剂的别称，指能够改变化学反应速率而自身不参与消耗的物质。在全球化工产业中，超90%的 化学反应需要催化剂参与，催化剂市场规模与市场需求逐年上升。但部分催化剂生产企业因技术工艺水平不 足，长期从事低端催化剂生产工作，产品附加值较低。当前，我国石化产业正处于产业变革的关键节点，亟 须加快催化剂等产业的升级转型和技术自主化步伐。 在中国，有这样一家以触媒命名的企业——中触媒新材料股份有限公司(以下简称中触媒)。该公司多年深耕 催化剂的研发与应用，在铁钼法甲醇制甲醛催化剂这一长期被国际化工企业技术垄断的领域，突破了催化剂 一致性、稳定性和装填等核心技术瓶颈，实现了国产化替代技术研发与应用，目前已完成产品全生命周期运 行。 从技术攻坚到产业赋能，中触媒成功研发出甲醛铁钼催化剂，彰显了该公司克服重重困难推动催化剂产业化 的创新精神，为化工行业转型升级提供了重要范本。 中触媒全景图 铁钼催化剂进入"国产时代" 甲醛作为基础化工原料，是胶合板、家具、纺织品等领域的核心中间体，亦在消毒防腐行业占据重要地位。 甲醇氧化制甲醛工艺通常以甲醇为原材料，通入空气，经原料汽化、催化氧化、产品吸收和浓缩精制等流程 制得成品。 ...

十年前的一个夜晚，深圳坂田的一间办公室里，陈跃云盯着电脑屏幕上的"Transpeed"商标抢注通知，指尖发冷。 这个靠低价策略一度冲上速卖通机顶盒品类TOP1的品牌，曾为他带来年销500万美元的业绩。但此刻，被人恶意抢注打乱了陈跃云的出海节奏，更致 命的是，市面上出现了许多同类型产品，价格战让利润越来越薄。 "没有品牌的白牌出海，终究是给他人做嫁衣。"他说。仓库里堆积的机顶盒零件，像一座座沉默的墓碑，祭奠着中国制造"薄利多销"时代的困局。 当年陈跃云面临的困局如今正摆在千千万万的出海中企前。 走低价路线，还行得通吗？这似乎是当下许多中国企业不得不面对的拷问。回望几年前，凭借极具性价比的产品，曾一度成为低价创新的典范。那 时，低价策略似乎是打开海外市场的金钥匙，凭借成本优势迅速抢占市场份额。 然而，时过境迁，全球贸易环境日渐复杂、地缘政治更为紧张。低价产品曾经依赖的政策红利也在逐渐消失。 出品｜虎嗅商业消费组 作者｜周月明 编辑｜苗正卿 题图｜AI生成 美国市场就是典型例子。当对华关税加征至145%以及800美元以下产品关税豁免政策取消后，已经有大量商家叫苦不迭。 "若取消800美元以下关税豁免政策，每件货物还 ...

"在技术创新方面，公司持续加大研发投入。我们密切与高校、科研机构的合作，共同攻克锂电池能量 密度提升、安全性增强、快充技术优化等关键技术难题。"该公司物流仓储部负责人刘小华介绍，今年 一季度，该公司出口货值超2.5亿美元，较去年同期实现了跨越式增长，订单已排到几个月后。 为助力福建省锂电池产业发展，厦门海关推进智慧化、集约化、便利化监管模式，上线"产品线预审 +装配线可视"远程智慧监管项目，实施并批检验、集中出证的"一站式"服务。依托智慧海关建设，联合 港口码头推行"提前申报+出口直装"模式，确保危险货物冷藏箱通关全程"不落地"；为重点企业开辟"专 属通道"，实施"提前申报+优先查验"，进一步提升通关效率。 厦门海关相关负责人表示，将进一步畅通关企沟通渠道，紧跟企业需求和产业发展趋势，优化出口锂电 池包装检验流程，推广"绿色通道""云上监管"等便利通关模式，帮助企业实现"高周转低库存"，全力支 持锂电池出口。(张文科) 目前，锂电池产业已成为福建省的优势特色产业，以宁德、厦门为南北双引擎，正领跑全球新能源赛 道。据厦门海关统计，今年一季度，福建省锂电池出口总值达305.02亿元，同比增长21.72%，连续21 ...

Core Viewpoint - Lantu Motors aims to position itself as a global high-end intelligent brand, focusing on user-centric technology and services to meet growing travel demands [2][3]. Brand Strategy - Lantu Motors emphasizes a user-oriented approach, encapsulated in the core philosophy of "dedicated service to users," guiding all aspects from product development to after-sales service [2]. - The brand inherits over 50 years of automotive expertise from Dongfeng Group and aims for high-quality development while targeting the top tier of global new energy luxury brands [2][3]. Market Positioning - Lantu Motors has expanded its reach to over 40 international markets and has obtained 38 international certifications, including EU whole vehicle type approval, showcasing its product quality and brand strength [3]. - The company plans to further expand in global markets with an open and proactive attitude to adapt to market changes [3]. Industry Trends - The CEO expresses concerns about safety in intelligent driving technology, highlighting collaborations with companies like Huawei to enhance overall capabilities in perception, decision-making, and execution for user safety [3]. - Lantu Motors has introduced its first L3-level intelligent architecture, Tianyuan Smart Architecture, which aims to elevate vehicle intelligence and provide a safer, smarter travel experience [3]. - The company is committed to continuous innovation in safety technology and overall vehicle intelligence to meet evolving user needs [3]. Globalization of the Automotive Industry - There is optimism regarding the globalization of the Chinese automotive industry, with expectations for rapid development and the need for Chinese automakers to adopt an open mindset to face global market challenges [4].

十年前的一个夜晚，深圳坂田的一间办公室里，陈跃云盯着电脑屏幕上的"Transpeed"商标抢注通知， 指尖发冷。 这个靠低价策略一度冲上速卖通机顶盒品类TOP1的品牌，曾为他带来年销500万美元的业绩。但此刻， 被人恶意抢注打乱了陈跃云的出海节奏，更致命的是，市面上出现了许多同类型产品，价格战让利润越 来越薄。 "没有品牌的白牌出海，终究是给他人做嫁衣。"他说。仓库里堆积的机顶盒零件，像一座座沉默的墓 碑，祭奠着中国制造"薄利多销"时代的困局。 当年陈跃云面临的困局如今正摆在千千万万的出海中企前。 走低价路线，还行得通吗？这似乎是当下许多中国企业不得不面对的拷问。回望几年前，凭借极具性价 比的产品，曾一度成为低价创新的典范。那时，低价策略似乎是打开海外市场的金钥匙，凭借成本优势 迅速抢占市场份额。 然而，时过境迁，全球贸易环境日渐复杂、地缘政治更为紧张。低价产品曾经依赖的政策红利也在逐渐 消失。 美国市场就是典型例子。当对华关税加征至145%以及800美元以下产品关税豁免政策取消后，已经有大 量商家叫苦不迭。 "若取消800美元以下关税豁免政策，每件货物还会有大约3美元（约20元人民币）的清关费用，更不用 提 ...

Core Viewpoint - The company reported a significant decline in revenue for 2024, primarily due to a sharp decrease in income from its core business of process pollution control equipment, which fell by 65.68% [1] Business Segments - The revenue from process pollution control equipment was 11.15 billion yuan, accounting for 54.30% of total revenue, indicating it remains a major income source [1] - The photovoltaic products segment generated 6.44 billion yuan, representing 31.35% of total revenue, showcasing rapid growth and diversification of income sources [1] - Domestic operations accounted for 89.80% of total revenue, while international business saw a 5.99% increase, contributing 10.20% to total revenue, indicating initial success in international expansion [1] R&D Investment - The company increased its R&D expenditure to 1.61 billion yuan, a 4.61% year-on-year growth, reflecting its commitment to technological innovation as a means to enhance market position and profitability [2] Industry Challenges - The photovoltaic industry is facing severe market challenges in 2024, including supply-demand mismatches, intense competition, and significant price declines, leading to widespread pressure on profitability across the sector [3] - Many companies, including the company, are experiencing losses due to ongoing price wars and excess capacity, although the company's losses are comparatively lower than some peers, indicating resilience [3][4] - The company has faced delays in large-scale photovoltaic waste gas treatment and mechanical systems projects, affecting revenue recognition, but these projects are expected to contribute significantly once the industry recovers [4] Long-term Potential - Despite short-term performance pressures, the company has established a solid foundation for future value release through continuous investment in technology, capacity, and strategic optimization [5] - The company has a strong position in the TOPCon battery technology, which is expected to become a major profit driver as production capacity increases and costs decrease [5][6] - The company holds 262 patents, including 60 invention patents, which supports its long-term sustainable development and competitive advantage in the industrial pollution control sector [6] - Positive signals for the photovoltaic industry are anticipated in 2025, including price recovery and increased installation demand, positioning the company favorably for future growth [6]

回顾2024全年，阳光电源每个季度的归母净利润都在20亿元以上，第四季度归母净利润更是飙至34.37 亿元，同比增幅55%，环比增幅30%。 文|华夏能源网 华夏能源网获悉，4月25日，(SZ:300274)发布2024年报和2025年一季报。2024年全年，阳光电源实现净 利润110.36亿元，同比增长16.92%；一季度实现净利润约38.26亿元，同比增长82.52%。 对比当前光伏行业普遍性亏损或盈利下滑局面，阳光电源是少有的在2024年和2025年一季度均实现营收 规模、净利润持续增长的企业。 在这两份让同行们艳羡的"成绩单"背后，阳光电源究竟有何秘籍？ 行业少有的百亿"盈利王" 年报显示，2024年阳光电源实现营收778.57亿元，同比增长7.76%，实现归母净利润110.36亿元，同比 增长16.92%。纵观光伏全行业，阳光电源是2024年唯一盈利突破百亿的企业。 2025年一季度，阳光电源继续保持高速增长，实现营业收入190.36亿元，归母净利润38.26亿元，分别同 比增长50.92%和82.52%。这是光伏行业里相当炸裂的业绩。 阳光电源2025年一季报 2024年光伏行业主产业链龙头业绩普 ...

从全球市场拓展看，国轩高科在中国、欧洲、非洲、美洲、东南亚等已初步形成全球布局。 6月会议预告 2025高工钠电 产业峰会 主办单位： 高工钠电、高工产业研究院（GGII） 总冠名： 众钠能源 会议时间： 6月9日 会议地点： 苏州香格里拉大酒店（苏州虎丘区塔园路168号） 2025高工固态电池 技术与应用峰会 主办单位： 高工锂电、高工储能、高工产业研究院（GGII） 总冠名： 利元亨 会议时间： 6月10日 会议地点： 苏州香格里拉大酒店（苏州虎丘区塔园路168号） 全球布局成效再获市场验证， 2024年国轩高科海外收入 首次突破百亿大关， 同比增速 71.21% ，创历史新高。 4月2 4 日晚，国轩高科披露 2024年报，公司营收创历史新高，达到 353.92亿元 ， 同比增长11.98% ；实现归母净利润 12.07亿元 ， 同比增 长28.56% ；实现扣非净利润2.63亿元，同比增长125.86%。 海外收入 突破 百亿 国际市场获多个定点 2024年，国轩高科海外收入在高基数下，继续保持迅猛势头，全年实现收入 110.0 5 亿元 ， 同比增长 71.21% ，海外和中国大陆业务收入从二 八格 ...

Core Viewpoint - BYD has reported strong financial results for Q1 2025, showcasing significant growth in revenue and net profit amidst increasing competition in the global electric vehicle market [1][3]. Financial Performance - In Q1 2025, BYD achieved a revenue of 170.36 billion yuan, representing a year-on-year increase of 36.35% [2]. - The net profit attributable to shareholders reached 9.15 billion yuan, marking a substantial growth of 100.38% compared to the same period last year [2]. - The net profit after deducting non-recurring gains and losses was 8.17 billion yuan, up 117.80% year-on-year [2]. - Basic and diluted earnings per share were both 3.12 yuan, reflecting a 98.73% increase from the previous year [2]. Sales and Market Expansion - BYD's sales volume in Q1 2025 reached 1,000,800 units, a remarkable year-on-year growth of 60% [3]. - The company continues to focus on technological innovation as a core driver for growth, with R&D expenses amounting to 14.22 billion yuan, exceeding the net profit for the same period [3]. Financial Management and Risk Control - BYD's asset-liability ratio has decreased from 77% at the end of Q4 2024 to 70% by the end of Q1 2025, indicating improved financial stability [5]. - The company has demonstrated strong cash flow management, with a recent placement of 129.8 million H-shares raising approximately 5.6 billion USD, attracting significant long-term investment [5][6]. - These financial strategies enhance BYD's ability to withstand external risks and support sustainable development in an uncertain economic environment [6].

Core Points - Gree Electric Appliances has been awarded the title of "Advanced Collective" by the national industrial and information system for its outstanding performance in technological innovation, green manufacturing, and industrial upgrading [1][3] - The selection process for advanced collectives was initiated by the Ministry of Human Resources and Social Security and the Ministry of Industry and Information Technology, recognizing units that have made significant contributions to industrial reform, innovation, and green development [3] - Gree Electric has a mission to promote "Made in China" globally, with 48 R&D achievements recognized as "internationally leading" and over 130,000 patent applications [3][4] - The company ranks first globally in retail sales of split air conditioners and has led the domestic market in central air conditioning for 13 consecutive years [3] Technological Advancements - Gree Electric has developed various CNC machine tools and has achieved breakthroughs in multiple fields, exporting products to countries like Serbia and Mexico [4] - The Gree Jinwan Intelligent Manufacturing Factory has been recognized as one of the first "Excellent Intelligent Factories" by the Ministry of Industry and Information Technology, achieving 100% connectivity of all equipment, materials, and personnel [4] - Gree Electric's central air conditioning production base is the largest globally, with a maximum cooling capacity of 3,000 tons per unit and an annual production of 10,000 compressors and 3,000 units, exceeding industry averages [4] Green Initiatives - Gree Electric has introduced a series of green energy-saving technologies, including a photovoltaic and energy storage air conditioning system that operates at "zero electricity cost" for users [6] - This technology has been included in national energy-saving and green building development plans and has won the highest award at the Global Refrigeration Technology Innovation Competition [6] - The company focuses on product innovation, enhancing user experience with products like the world's first "non-blowing" air conditioner and the domestic first heat pump washing machine [6] Future Outlook - With the recognition as an advanced collective, Gree Electric aims to continue its commitment to technological innovation and contribute to the high-quality development of China's industrial and information sectors [7]