全球两大矿业巨头必和必拓(BHP.US)与力拓(RIO.US)正计划在澳大利亚皮尔巴拉铁矿石产区展开合作， 以期从下一个十年起，将炼钢材料的年产能提升至近2亿吨。 周四公布的合作内容包含两份谅解备忘录：其一为共同开发力拓尚未投产的Wunbye矿床;其二为必和必 拓扩建Yandi矿区后，将部分矿石输送至力拓的加工设施进行处理。 双方指出，合作项目首批铁矿石预计于下一个十年初期产出。声明中提及的2亿吨为项目总产能规模， 并未披露具体的年产能数据。 过去25年间，皮尔巴拉一直是全球铁矿石供应的核心区域，累计向中国输送了数十亿吨铁矿石，为中国 经济高速发展提供了重要支撑。不过，力拓、必和必拓等矿企正面临矿石品位下降的难题，这也直接导 致铁矿石价格走低。 矿企当前需在产能扩张与资本管控之间寻求平衡，同时不断挖掘现有基础设施的效能潜力。此外，必和 必拓与力拓均在通过出售非核心基础设施资产回笼资金。 必和必拓近期就以20亿美元的价格，将旗下铁矿石业务配套电网的大部分股权出售给贝莱德旗下的 Global Infrastructure Partners LP，所得资金将被投入铜等重点业务领域。 两家矿企周四在联合声明中签署了两 ...

业绩好于全年指引，持续经营业务保持较快增长。整体业绩表现优异，25 年公司实现收入454.56 亿 元，超过25Q3 公告的全年指引即435~440 亿元；利润端，经调整归母净利润率进一步提升，25Q4 经调 整归母净利润约44.17亿元，同增约36.33%，利润端增速高于收入端。25Q4 经调整净利润率约35%，较 前三季度32.1%进一步提升。此外，持续经营业务收入增速高于整体，随着公司业务进一步聚焦，运营 效率提升有望驱动26 年业绩增长进一步提速。 在手订单及新增管线丰富，随着新产能陆续释放，26 年有望延续较好增长态势。截至2025Q3,公司持续 经营业务在手订单598.8 亿元（+yoy41.2%），其中TIDES 在手订单同增17.1%。从管线数量看，前三季 度小分子商业化和临床3 期项目新增15 个。产能方面，小分子&多肽产能保持稳定扩张，预计25 年底 小分子原料药反应釜总体积将超过400 万升；截至25 年9 月，多肽固相合成反应釜总体积已提升至大于 10 万升。 盈利预测：我们预计公司2025-2027 年实现营收454.56/546.35/635.77 亿元， 分别同比 +15.84% ...

(编辑：王璨 林辰)关键字： 食品 安琪酵母 （企业公告） 1月14日，安琪酵母发布投资者关系活动记录表。当中披露，关于公司俄罗斯工厂扩建的考虑，安琪酵 母答复，一是充分利用当地具有竞争力的原材料资源，优化生产成本；二是提前进行产能储备，为未来 海外市场开拓打下基础。 谈及印尼工厂进度，安琪酵母称，根据公司公告，印尼工厂预计2027年投产，具体以实际情况为准。 ...

（文章来源：每日经济新闻） 盛美上海（688082.SH）1月14日在投资者互动平台表示，公司临港厂区共有两个生产工厂，其中厂A已 经投产并接近满产，预计今年厂B将开始装修，厂A及厂B全部投产后可以实现人民币200亿元的年产 值。后续若有扩产计划，敬请关注公司公开披露的公告。 每经AI快讯，有投资者在投资者互动平台提问：请问贵公司产能利用率目前是多少？ ...

格隆汇1月14日｜有投资者在互动平台向盛美上海提问：请问贵公司产能利用率目前是多少？ 盛美上海回复称，公司临港厂区共有两个生产工厂，其中厂A已经投产并接近满产，预计今年厂B将开 始装修，厂A及厂B全部投产后可以实现人民币200亿元的年产值。后续若有扩产计划，敬请关注公司公 开披露的公告。 ...

英杰电气（300820.SZ）1月14日在投资者互动平台表示，晨晖公司位于成都的生产基地已投产。该基地 具备充足的产能储备，能够充分覆盖并满足现有客户的订单需求，同时为未来业务的持续扩张提供坚实 产能保障。此外，在德阳英杰电气厂区内也设有专业化的射频电源生产车间，形成了'成都 + 德阳'两地 协同、互补的生产布局。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：请介绍下控股子公司英杰晨晖公司生产基地建设进展 及预期投产时间及产能规模？现阶段英杰晨晖是否有过渡生产厂房及产能情况？ ...

共探新营销，共创新可能 撰文 | 莫 莉 编辑 | 黄 大 路 设计 | 甄 尤 美 当全球车企在印度电动车政策前犹豫时，铃木选择了逆向操作。 据路透社1月12日报道，马鲁蒂铃木表示，已购入价值约5.5亿美元的土地，计划新增最高100万辆年产能，以应对印度国内汽车需求上行。 马鲁蒂铃木营销与销售负责人帕尔托·班纳吉（Partho Banerjee）对外表示，入门级车型订单积压约一个半月。马鲁蒂铃木也披露，2025年12月面 向本土经销商的销量同比增长37%，达到178646辆的月度纪录。 这次的扩产并非孤立事件。 铃木汽车去年8月宣布未来五至六年在印度投资80亿美元，并在古吉拉特启动中型纯电SUV e Vitara的商业化生产，且把印度定位为其电动汽车的 全球生产中心。 从供需来看，压力不只体现在订单的排队。印度汽车制造商协会（SIAM）数据称，2025年12月印度车企对经销商的出货同比增长26.8%至399216 辆，为当年最大单月涨幅。全年出货同比增长约5%，快于2024年的4.2%。 根据路透社报道，印度政府在2025年9月实施税负下调，降低了SUV和小型车相关税费，成为带动节庆季需求的重要因素之一。 ...

Core Viewpoint - The company has sufficient land and factory space to meet current capacity expansion needs, supported by its ability to rapidly establish fully automated production lines for smart electric motors and cleaning pumps [1] Group 1 - The company has a reserve of land and factory area that can accommodate its current production capacity expansion requirements [1] - The company possesses independent research and design capabilities for fully automated production lines [1] - The company can quickly set up automated production lines based on product development progress, significantly shortening the capacity expansion cycle [1]

Group 1 - The core point of the news is that the company, 德福科技, has decided to terminate its acquisition of Volta Energy Solutions due to conditional approval from the Luxembourg Ministry of Economy, which imposed restrictions on voting rights and decision-making powers [1] - The acquisition was initially announced on July 29, 2025, with a total enterprise value of €215 million, and the final purchase price calculated at €174 million after adjustments [1] - The company has stated that the termination of this acquisition will not adversely affect its normal operations or financial status, as it has not made any payments beyond the contract deposit [1] Group 2 - Concurrently, the company has finalized a domestic acquisition plan, signing a letter of intent to acquire at least 51% of 安徽慧儒科技 through cash purchase and capital increase, making it a subsidiary [2] - 安徽慧儒科技, established in November 2021, focuses on the R&D, production, and sales of high-performance electrolytic copper foil, with an annual production capacity of 20,000 tons [2] - The acquisition aligns with the company's current capacity layout needs, as it aims to expand production capacity to meet growing downstream demand [2] Group 3 - The company's financial performance has been unstable in recent years, with revenues of ¥6.381 billion, ¥6.531 billion, and ¥7.805 billion from 2022 to 2024, while net profits have shown a declining trend, even resulting in a loss of ¥-2.45 billion in 2024 [3] - However, due to a significant increase in copper foil sales and improved capacity utilization, the company has turned a profit, with revenues of ¥8.5 billion in the first three quarters of 2025, a year-on-year increase of 59.14% [3] - The net profit for the first three quarters of 2025 reached ¥66.59 million, reflecting a year-on-year growth of 132.63% [3]

Core Viewpoint - The copper industry is experiencing significant performance improvements due to rising copper prices, an increase in high-value product ratios, and expansion into overseas markets, with many listed companies reporting substantial profit growth for 2025 [1][2]. Group 1: Performance Improvement - In 2025, 15 out of 16 listed copper companies reported profits in the first three quarters, with 14 companies showing year-on-year net profit growth, and some, like Chujiang New Materials and Jintian Copper, achieving profit increases of over 100% [1][2]. - Zijin Mining expects a net profit of 51 to 52 billion yuan for 2025, a year-on-year increase of 59% to 62%, driven by increased production and higher sales prices of key mineral products [1]. - Chujiang New Materials reported a revenue of 44.19 billion yuan for the first three quarters of 2025, a year-on-year increase of 13.29%, with net profit soaring by 20.89 times [2]. Group 2: Production Capacity Expansion - Companies are gradually expanding copper-related production capacity in response to increasing market demand and rising copper prices, with Yulong Copper's expected copper concentrate production for 2025 set at 151,000 tons [2]. - Zijin Mining plans to increase its production of key minerals in 2026, targeting 120,000 tons of copper and 105 tons of gold [1]. Group 3: Overseas Business Development - Companies like Hailiang and Jintian are actively pursuing international market expansion, with Hailiang being a pioneer in overseas operations within the copper processing industry, establishing a global network of 23 production bases [4]. - Jintian Copper emphasizes its international strategy, overcoming challenges posed by the uncertain international trade environment, and aims to optimize its global product and customer structure [4][5]. - The copper products from Jintian are widely used in various sectors, including new energy vehicles, clean energy, and telecommunications, showcasing the company's robust market position and global industrial layout [4][5].