「核心提示」 中国造车的新势力和老玩家们，在出海的路上提速。有人搞充电桩，铺基础设施；有人建 厂，探索产业链的全面本地化。 出海不再是锦上添花，至少对中国汽车品牌来说，海外市场是决定生死存亡的必争之地。 乘联会统计显示，2025年上半年，中国汽车出口总量达到348万辆，同比增长18%，其中新能源汽车占 比达到41%。无论是增长速度，还是新能源车占比提升，都是汽车品牌大力出海的结果。 业内有一句话：不出海就出局！ 比如在国内早已淡出消费者的视野的奇瑞，最知名的奇瑞QQ已经是20多年前的产品了，但这不妨碍奇 瑞在俄罗斯、墨西哥、拉美等市场持续渗透。2024年，奇瑞乘用车出口超过114万辆，在中国汽车出口 总量中占比五分之一。 2024年，中国继续超越日本，成为汽车出口第一大国，汽车出口达到641万辆，其中电动车首次突破200 万辆，海关总署统计分析司司长吕大良介绍数据的时候说："如果把这些汽车首尾相连，可以从北京到 罗马。" 中国汽车确实在全球遍地开花，无论是拉美的合恩角，还是非洲的好望角，抑或中东的波斯湾，还是北 欧的波罗的海沿线，都有中国汽车的身影出现，只是新老势力侧重的市场不太一样，打法也各有不同， 拆解这 ...

Group 1: Semiconductor Industry - SMIC achieved a record sales revenue of $2.2472 billion in Q1 2025, representing a year-on-year growth of 28.4%, with a gross margin remaining stable and an operating profit of $395.71 million, up 12,766.6% year-on-year [3] - For Q2, SMIC projects a revenue decline of 4% to 6% and a gross margin of 18% to 20%, indicating a mixed outlook for the second half of the year [3] - Hua Hong Semiconductor reported Q1 sales revenue of $540.9 million, a year-on-year increase of 17.6%, with a gross margin of 9.2%, up 2.8 percentage points year-on-year [4] - Hua Hong expects Q2 sales revenue to be between $550 million and $570 million, with a gross margin between 7% and 9%, amid uncertainties in customer demand and procurement costs [5] Group 2: Display Panel Industry - In May, domestic panel manufacturers increased production control and reduced utilization rates to stabilize prices, leading to a forecast of stable panel prices for the month [6] - Analysts believe that while end-market demand may experience temporary adjustments, domestic panel companies are well-prepared to respond through dynamic capacity adjustments and product optimization [6] - BOE indicated that the average utilization rate in the LCD industry has been above 80% since Q1 2025, but anticipates flexible adjustments in production lines in response to declining demand in Q2 [7] - The consolidation of the industry is accelerating, with BOE open to acquiring shares in Huacai and TCL completing the acquisition of LGD's Guangzhou factory, which will optimize the industry structure [7] Group 3: Automotive Industry - Geely Auto announced plans to fully merge with Zeekr Technology, aiming to enhance competitiveness in the smart electric vehicle sector through resource integration and cost reduction [8] - Post-merger, Geely's brands will maintain independent positioning while seeking collaborative development in technology, products, and supply chains [8] - Geely's chairman emphasized the importance of adapting to market competition and economic conditions to enhance innovation and profitability, creating long-term value in the global smart electric vehicle market [8]