德国企业破产数量升至11年来新高 许多经济学家预计，德国政府在道路、铁路等基础设施以及国防领域的投资将在2026年推动经济增长。 Creditreform认为，这或许能放缓企业破产数量上升趋势，但政府仍需采取额外结构性措施，如降低电 力成本负担。(完) 来源：中国新闻网 编辑：付健青 广告等商务合作，请点击这里 本文为转载内容，授权事宜请联系原著作权人 中新经纬版权所有，未经书面授权，任何单位及个人不得转载、摘编或以其它方式使用。 关注中新经纬微信公众号(微信搜索"中新经纬"或"jwview")，看更多精彩财经资讯。 中新社柏林12月8日电 (马秀秀 杨楚瑜)德国征信机构Creditreform8日发布的分析报告显示，2025年德国 企业破产数量升至近11年以来最高水平。今年预计有约23900家企业申请破产，同比增加8.3%。官方数 据显示，2014年时德国已有近24100家企业破产。 持续的经济低迷正在削弱企业的生存能力。Creditreform经济研究部门负责人帕特里克-路德维希·汉茨施 指出，许多企业负债累累，难以获得新的贷款，并且还面临着能源价格或监管问题等结构性负担。这尤 其使中小企业承受巨大压力， ...

Macro Dynamics - The People's Bank of China will conduct a 600 billion yuan reverse repurchase operation on October 15, 2025, with a term of 6 months [2] Industry Developments - Shanghai's Economic and Information Commission has issued an action plan for the high-quality development of the smart terminal industry (2026-2027), focusing on the layout of core chips such as SoC and CPU, covering X86, ARM, and RISC-V technology routes [3] - The World Steel Association forecasts that global steel demand will reach approximately 1.75 billion tons in 2025, remaining stable compared to 2024, with a mild rebound of 1.3% expected in 2026 [5] Company News - Goldman Sachs has upgraded the rating of Tigermed's A-shares from "Neutral" to "Buy," raising the target price from 62.1 yuan to 77.1 yuan, citing attractive entry points and expected growth in new orders [7] - DJI has filed an appeal against the U.S. Department of Defense regarding its designation as a "Chinese military enterprise," asserting its commitment to preventing the misuse of its products for military purposes [13] - JD.com announced a collaboration with CATL and GAC Group to launch a new car on November 9, clarifying that JD will not be directly involved in manufacturing [14] - G-bits expects a net profit increase of 57% to 86% year-on-year for the first three quarters of 2025, driven by new game launches [15] - Grand Materials announced that its chairman has been placed under detention, but the company's operations remain normal [16] - Shenghe Resources anticipates a net profit increase of 696.82% to 782.96% for the first three quarters of 2025, attributed to favorable market conditions for rare earth products [18] - Shandong Gold expects a net profit increase of 83.9% to 98.5% for the first three quarters of 2025, driven by improved operational efficiency and rising gold prices [19] - Longbai Group has filed a lawsuit for 1.3105 billion yuan due to the infringement of trade secrets [20]

Core Insights - The number of companies applying for standard bankruptcy procedures in Germany increased by 10.4% in September compared to the same period last year [1] - Multiple credit institutions predict that the total number of corporate bankruptcies in Germany will exceed those in 2024 [1] - Factors such as high energy prices and political uncertainty are contributing to the worsening bankruptcy trend in Germany [1]