2025年 新能源拖拉机行业词条报告 头豹分类/制造业/专用设备制造业/农、林、牧、渔专用机械 制造/拖拉机制造 Copyright © 2025 头豹 智电沃野——从动力革新到智能作业的农机新生态构建 头豹词条报告 系列 梁霄同 · 头豹分析师 梁 2025-12-26 未经平台授权，禁止转载 行业分类： 制造业/拖拉机制造 摘要 新能源拖拉机采用新型动力系统，以电力等驱动，应用场景广泛。行业特征为关联产业多、政策驱动强、智能化渗透深。2019-2024年，行业规模由0.25亿增至25.18亿，年 复合增长率151.82%，预计2025-2029年将增至93.97亿。历史增长得益于顶层设计推动需求扩张，如政策鼓励、环保标准升级，以及技术突破促使供给扩张，如动力电池、 智能驾驶技术进步。未来，供给侧结构性改革、固态电池应用及农村居民收入提升、双碳战略推进，将持续推动行业规模扩张。 行业定义 新能源拖拉机是指采用新型动力系统，完全或主要依靠电力、混合动力等新型能源驱动，以取代传统柴油内燃机的拖拉机。新能源拖拉机作 为自走式动力机械，可用于牵引、推动、携带和/或驱动配套机具开展作业，核心应用场景涵盖农业（种植业） ...

2025年4月13日，国际航空运输协会（IATA）发布《2025航空货运设施未来愿景：以技术与创新重塑全球物流新格局》报告，主要探讨了航空货运业在技 术驱动下的转型方向、关键挑战及未来发展趋势，笔者对报告进行了编译和解读，具体内容总结如下： 图源/IATA 引言：处于变革十字路口的航空货运业 航空货运当前存在的主要问题 （一）机场内外基础设施的保障不足 为适应不同地区的贸易特征与货运规模，航空货运设施的物理形态与战略布局正在经历系统性重构。当前设施模型主要依据地理位置与核心功能进行划 分： 机场内设施主要承担转运枢纽职能，注重货物高周转率与快速空侧衔接能力，并需集成航空公司、货运代理及海关等多方主体。 机场外设施则更侧重于存储、分拨与中长期物流规划等功能。随着出口业务中"预组装集装器"（Shipper-built ULDs，由托运人在自己的仓库完成集装箱组 装）比例持续上升，利用场外设施缓解机场核心区拥堵、提升整体运力当前迫在眉睫。尤其在出口量大、依赖预安检与货物预装的地区，将部分处理流程 外移不仅能够优化空间资源配置，还可通过建设专用运输通道、引入自动化追踪技术，在保障供应链完整性的同时，显著提升作业效率。 ...

四轮春华秋实，两轮风驰电掣 春风动力（603129.SH）首次覆盖报告 【核心结论】我们认为公司作为国内全地形车与大排量摩托车双龙头，公司 产品性能达到国际一流水平，与海外竞对相比具备性价比优势，未来有望持 续抢占海外厂商份额；此外，电动两轮业务也将持续赋能业绩增长。我们预 计公司 2025-2027 年归母净利润为 19.07/23.71/28.05 亿元，公司 2026/1/15 股价对应 2025-2027 年 PE 分别为 21/17/14 倍，我们给予春风动力 2026 年 21 倍 PE，对应目标市值 498 亿元，首次覆盖，给予"买入"评级。 【报告亮点】尝试解答市场关心的问题：1）美国加征关税对公司出口业务 的影响？2）燃油摩托车业务成长持续性如何展望？我们认为，加征关税主 要在短期影响公司全地形车业务盈利能力，公司泰国+墨西哥工厂产能布局 使得公司具备应对关税的能力，同时未来随着墨西哥工厂美墨加协定认证通 过，关税水平有望进一步降低，因此中长期来看关税影响整体可控。在国内 大排量摩托车渗透率持续提升、中国品牌海外美誉度提升叠加产品性价比优 势，国内摩企大排量摩托车仍存在明显的内销与出口机会， ...

Core Viewpoint - The company focuses on a strategic approach of "high-end, green, and intelligent" development, aiming to establish a closed-loop industrial chain for aluminum recycling and processing [1] Group 1: Strategic Focus - The company aims to build a recycling capacity of over 1 million tons of recycled aluminum, integrating waste aluminum collection, smelting, and deep processing [1] - The company utilizes advanced recycling technology and laser-induced breakdown spectroscopy to expand the range of waste aluminum recovery and achieve high-value utilization, significantly reducing raw material costs [1] Group 2: Technological Advancements - The company is advancing its intelligent transformation and high-end capacity construction by investing in advanced equipment such as air cushion furnaces and roller hearth furnaces [1] - The focus is on high-value sectors such as new energy battery materials and lightweight aluminum for automobiles, leveraging technological premiums and green low-carbon advantages to counteract industry profit pressures [1] Group 3: Financial Performance - The company has achieved a continuous increase in pre-tax profit per ton, indicating successful financial performance [1] - The results of the green transformation are expected to gain additional premiums under the EU carbon border tax policy [1]

Core Insights - The Chinese luxury car market is undergoing significant changes, with traditional luxury brands experiencing a decline in sales while domestic brands like Zeekr are gaining market share [1][2][3] Group 1: Market Dynamics - In 2025, traditional luxury brands saw a decline in imported car sales, with some brands experiencing a drop of over 60% year-on-year due to inventory pressure and slow electrification [2] - Conversely, Chinese high-end brands such as Zeekr, NIO, and Li Auto are steadily increasing their market share in the 300,000 to 500,000 yuan price range [2] - The shift in consumer perception among high-net-worth individuals in China is a key driver of this change, moving from valuing brand history to prioritizing technological advancement and smart experiences [3] Group 2: Product Innovation - The Zeekr 9X is recognized for its technological superiority over traditional luxury SUVs, achieving over 1,000 kilometers of range and exceptional performance through its 900V architecture [4] - The Zeekr 009 has also established itself as a leader in the MPV segment, demonstrating the brand's understanding of luxury beyond vehicle categories [5] Group 3: Global Expansion - Zeekr is transitioning from merely exporting products to a comprehensive global strategy that includes localizing products, channels, and services in various markets [7] - The brand has received international recognition, being praised as a leading global brand from China, indicating a shift from manufacturing to intelligent manufacturing and branding [8] Group 4: Strategic Integration - Zeekr's integration with its parent company Geely has allowed it to focus on long-term product development and user experience without the pressures of short-term profitability [9] - This integration provides Zeekr access to Geely's extensive resources, enhancing its ability to compete in the luxury market [9] Group 5: User Engagement - Zeekr has initiated a "communication transparency revolution," making key information accessible to users and inviting them to supervise service processes [11] - The brand's "mystery experience officer" program engages users in the feedback process, ensuring quality control from the customer's perspective [12] Group 6: Brand Evolution - Zeekr has successfully transitioned from a nascent brand to a significant player in the luxury market, showcasing that Chinese automotive brands can achieve high market scale and brand value [13]

Core Viewpoint - The "Guangdong Goods Going Global" spring initiative aims to enhance consumer spending and expand the influence of Guangdong products, showcasing over 30 home appliance companies and their products through live streaming and on-site sales [1][3]. Group 1: Event Overview - The event took place on January 15 at the Shunde Tanzhou Convention and Exhibition Center, featuring major brands like Midea, Gree, Galanz, and Hisense [1][3]. - Sales during the live broadcast exceeded 100,000 yuan within three hours, indicating a 100% increase compared to regular sales [1][3]. Group 2: Evolution of Guangdong Goods - Guangdong goods have evolved from basic necessities to high-quality products, reflecting a shift in consumer demand from mere survival to quality and innovation [3][4]. - The evolution is characterized by three main trends: smart technology, green competitiveness, and aesthetic manufacturing [3][4]. Group 3: Strategic Changes - The Guangdong industry is transitioning from OEM to brand development, supply chain optimization, and international standards, enhancing the value proposition of Guangdong products [4]. - The initiative emphasizes not just product sales but also the transmission of quality confidence and brand value [4]. Group 4: Sales and Marketing Strategies - The initiative includes government subsidies, corporate discounts, and platform support, with companies like Gree offering up to 15% discounts and other brands providing various promotional offers [6]. - The event's success is attributed to the continuous optimization of Guangdong's industrial structure and product quality, with the home appliance sector alone exceeding 1 trillion yuan in scale [7][8]. Group 5: Regional Manufacturing Strength - Foshan was chosen as the launch site due to its concentration of advantageous manufacturing industries, contributing significantly to global production of microwaves and water heaters [8]. - The region has produced major brands like Midea and Galanz, as well as smaller innovative companies, forming a robust industrial cluster [8]. Group 6: Technological and Aesthetic Innovations - Companies are focusing on smart technology and green solutions, with products like Gree's AI-powered air conditioners and Galanz's energy-efficient appliances leading the way [11][12]. - The integration of technology and aesthetics is transforming products from mere tools to expressions of emotional and aesthetic value, enhancing user experience [13][14]. Group 7: Future Directions - Guangdong plans to continue its promotional efforts with a weekly focus on different product categories, aiming to cover all consumer needs and enhance the global reach of its products [9][14]. - The integration of cutting-edge technology, green practices, and aesthetic design is seen as essential for maintaining competitiveness in the global market [14].

Core Insights - The article reviews the top X-ray diffractometer products of 2025, highlighting those that gained significant user attention due to technological advantages or market strategies [2][4]. Group 1: Product Rankings - The "2025 Annual X-ray Diffractometer Popularity List Top 10" includes seven manufacturers: Rigaku, Bruker, Malvern PANalytical, Haoyuan, Langsheng, Tongda, and Betop Science, reflecting a diverse competitive landscape [2][6]. - The top products listed are: 1. SmartLab X-ray Powder Diffractometer by Rigaku 2. D8 ADVANCE X-ray Diffractometer by Bruker 3. Empyrean X-ray Diffractometer by Malvern PANalytical 4. MiniFlex600 X-ray Powder Diffractometer by Rigaku 5. DX-2700BH Multifunctional X-ray Diffractometer by Haoyuan 6. FRINGE Desktop X-ray Diffractometer by Langsheng 7. D8 DISCOVER High-end X-ray Diffractometer by Bruker 8. AERIS Desktop X-ray Diffractometer by Malvern PANalytical 9. TD-3500 X-ray Diffractometer by Tongda 10. BRAGG110 Desktop X-ray Diffractometer by Betop Science [3][5]. Group 2: Product Features and Innovations - SmartLab features a fully automated multifunctional design with the highest photon flux X-ray source and high-energy resolution 2D detector, enhancing material analysis efficiency and precision [9][10]. - D8 ADVANCE utilizes a creative design for automatic switching between different analysis modes, allowing for quick transitions between applications [13][14]. - Empyrean's "MultiCore" optical system enables various measurements without manual intervention, ensuring reliable data quality across different sample types [16][17]. - MiniFlex600 is compact yet offers high-end testing capabilities, featuring advanced semiconductor detectors for high sensitivity and low detection limits [19][20]. - DX-2700BH is a multifunctional instrument suitable for various materials and applications, demonstrating versatility in fields like mineral and chemical industries [23][24]. - FRINGE is designed for compactness and ease of use, making it suitable for routine material analysis in both industrial and academic settings [26][27]. - D8 DISCOVER integrates advanced software and automation for complex analysis, enhancing user experience and operational efficiency [30][31]. - AERIS emphasizes user-friendly operation with a focus on low ownership costs, catering to specific industry needs [33][34]. - TD-3500 highlights precision and stability with a modular design adaptable to various testing requirements [36][37]. - BRAGG110 focuses on rapid and accurate phase analysis, suitable for daily testing and educational research [40][41]. Group 3: Market Trends and Insights - The article identifies trends towards automation, intelligence, and multifunctionality as key competitive factors in high-end products [42]. - Imported brands like Rigaku, Bruker, and Malvern PANalytical dominate the high-end market due to their technological expertise, while domestic brands are gaining traction in mid-range and specialized markets by offering competitive pricing and convenience [42][45]. - The diversity in product forms, from large floor-standing to compact desktop models, meets the needs of various applications from cutting-edge scientific research to industrial quality control and educational experiments [45].

转自：贝壳财经 一汽奥迪的销量颓势，会延续到2026年吗？燃油豪华车市场第一的含金量又有多高？@新浪眼 全文>> 表面上来看，奥迪似乎是打了一场漂亮的翻身仗。不过，仔细看来却是另一番风景。一汽奥迪在华57万 的年度销量，仍是连续第二年下滑，且自2020年来首次跌破60万辆。 同时，在电动化和智能化如火如荼的当下，传统豪华汽车品牌的竞争力正在下降，市场份额不断被蚕 食。面对严峻的形势，BBA们也在积极转型以求增长。 #一汽奥迪销量连续两年下滑#【销量下滑，却高调争"第一"，一汽奥迪真的翻身了吗？】#一汽奥迪自 宣销冠数字迷局#一汽奥迪躺着赚钱的日子，正在渐行渐远。 近日，一汽奥迪发布了2025年的销量数据，宣称燃油车销量时隔六年重回燃油豪华车市场第一。消息传 出后引发广泛关注，并一度登上了微博热搜。 ...

其中，新能源汽车产销分别完成1662.6万辆和1649万辆，同比分别增长29%和28.2%。有分析认为，这些亮眼数据的背后，反映出我国不断在产业政策、技 术更新等层面，对新能源汽车的持续发力。 中国汽车工业协会发布的最新数据显示，2025年，我国汽车产销量分别为3453.1万辆和3440万辆，同比分别增长10.4%和9.4%，产销量再创历史新高，连续 17年稳居全球第一。产销两旺的背后，中国汽车行业走到一个深刻的转型和换档升级阶段。接下来怎么升、怎么换，如何突破同质化的竞争，需要打造什么 样的核心竞争力，更重要的是，如何创造新的增量空间。 2025年我国汽车产销量再创历史新高 中国汽车工业协会副秘书长 陈士华："十四五"期间，我国汽车行业取得多方面突破，产销量连续三年保持3000万辆以上规模，营业收入突破10万亿元，出 口跻身世界第一，电动化、智能化、网联化加速融合，形成产业领先优势。 中国汽车工业协会副秘书长 陈士华：新能源汽车成为国内市场主导力量，智能网联技术也在加快发展。中国品牌车企紧抓转型契机、持续深耕，取得了优 异成绩，中国品牌乘用车销量占比已接近70%。 2025年5月，中国汽车工业协会发布《关于 ...

新能源车ETF（159806）跟踪的是CS新能车指数（399976），该指数从沪深市场中选取涉及锂电池、充 电桩、新能源整车等业务的上市公司证券作为指数样本，以反映新能源汽车相关上市公司证券的整体表 现。CS新能车指数聚焦于新能源汽车产业，涵盖锂电池、充电桩、新能源整车等业务领域，其成分股 包括涉及新能源汽车产业链的上市公司，如电池材料、上游材料、电机电控和充电桩等领域的企业，体 现了行业技术创新与市场竞争力的特点。 （文章来源：每日经济新闻） 开源证券指出，根据中国汽车工业协会，2025年我国汽车产销量均突破3400万辆，再创历史新高。新能 源汽车产销分别完成1662.6万辆和1649万辆，同比分别增长29%和28.2%，新能源汽车国内新车销量占 比突破50%。对外贸易呈现出较强韧性，全年汽车出口超700万辆，其中新能源汽车出口达261.5万辆。 2026年汽车以旧换新补贴政策已经如期落地，单车补贴金额上限不变，对20w以下大众车型补贴力度退 坡，对20w以上中高端车型补贴力度延续，有望进一步提振汽车市场消费。预计随着需求复苏，以及智 能化、网联化、快充等趋势下的产品迭代升级，新能源汽车销量有望延续高景气趋 ...