玉之井醋是1907年创业的老字号，过去曾在中国设立过100%出资的销售公司，但 由于商业习惯的差异，销售业绩不佳，最终撤退。此次与大连天鹏食品成立了合资销售公 司，将联合开发醋、高汤等相关调味品…… 日本食醋制造商玉之井醋（Tamanoi Vinegar）宣布，将在中国扩大醋相关调味品的销售。 最近与当地的代工方成立了合资销售公司。在中国，"日式"调味品人气高涨，将联合开发符 合中国消费者喜好的商品，同时开拓超市等的销路。 为了开拓中国市场销路，玉之井醋积极参加展会（9月，沈阳市） 玉之井醋是1907年创业的老字号。销售额虽未公布，预估在75亿日元左右。在日本的食醋市 场，规模仅次于味滋康（Mizkan）和丘比酿造。 版权声明：日本经济新闻社版权所有，未经授权不得转载或部分复制，违者必究。 日经中文网 https://cn.nikkei.com 视频号推荐内容： 玉之井醋与生产芥末和酱油等产品的大连天鹏食品共同出资，成立了"玉之井（北京）商 贸"。注册资本为17万元。出资比例未公布，但玉之井醋的社长播野贵也表示"我们将作为平 等伙伴运营公司"。此外，作为日本商品出口窗口的日本贸易公司丸王也加入其中。 玉之井醋 ...

Core Viewpoint - The company, COSCO SHIPPING Technology Co., Ltd. (中远通), is expanding its overseas market presence by establishing a wholly-owned subsidiary in Hong Kong with an investment of 5 million yuan [1] Group 1: Overseas Expansion - The company plans to invest 5 million yuan to set up a wholly-owned subsidiary in the Hong Kong Special Administrative Region [1] Group 2: Domestic Development - The company intends to establish a branch and a research institute in Xi'an to enhance its research and development capabilities [1] - The Xi'an research institute aims to assist in the development of new products and expansion into new markets, thereby increasing the company's influence [1] - Strengthening R&D services for existing customers in Xi'an and surrounding areas is expected to improve the company's overall competitiveness [1]

Group 1: Market Overview - The wool sweater sales season has arrived as temperatures drop in various regions, with the market in Tongxiang, Zhejiang becoming increasingly active [1] - Merchant Zhuang Tao reported that sales in his store have doubled compared to September, with daily sales averaging between 200,000 to 300,000 yuan [3][5] - The market primarily focuses on mid-to-high-end women's clothing, with a growing proportion of self-designed products that better meet consumer needs [5] Group 2: Sales and Production Insights - The average daily shipping volume for merchants is between 2,000 to 3,000 pieces, with new autumn and winter styles being introduced at a rate of 3 to 5 new styles per week [5] - The market is expected to maintain an active trading atmosphere, with a projected transaction volume of 20.903 billion yuan by September 2025, reflecting a year-on-year increase of 13.5% [6] - The production efficiency has improved significantly due to the introduction of advanced technology, such as "integrated forming computer knitting machines," which can produce complete sweaters in one go [7][9] Group 3: Business Growth and Export - A clothing enterprise reported a sales increase of 12% year-on-year, with sales exceeding 100 million yuan in the first nine months of 2025 [11] - The export value for a fashion enterprise reached over 700,000 dollars in 2025, compared to 200,000 dollars in 2024 [13] - The textile industry in Suzhou is actively expanding into overseas markets, with a 7.4% increase in foreign trade exports from January to August 2025 [22] Group 4: Consumer Trends and Product Development - The design boundaries of wool sweaters are being expanded, transforming them from mere warm clothing into fashionable symbols suitable for various life scenarios [15] - The industry is focusing on enhancing product value to stabilize the market amidst diverse consumer demands [17]

Core Insights - The company is actively expanding its overseas market presence and adhering to a differentiated competition strategy [1] - The company leverages its strengths to continuously enhance its core competitiveness [1] - The company has accumulated a strong client base, including several Fortune 500 companies such as Continental Automotive Electronics, Bosch, Visteon, Harman, and Valeo, establishing good cooperative relationships [1]

Industry Overview - Polystyrene (PS) is a polymer synthesized from styrene monomers through free radical polymerization, classified into general-purpose polystyrene (GPPS), high-impact polystyrene (HIPS), and expandable polystyrene (EPS) [1][4] - The production capacity of polystyrene in China has been steadily increasing, with production expected to reach 4.286 million tons in 2024, up from 2.65 million tons in 2018, representing a year-on-year increase of 7.1% [1][10] Production Side - China's polystyrene production capacity has grown significantly, reaching 6.8 million tons in 2024, a year-on-year increase of 10.57% [6] - The integration trend of styrene-PS facilities is notable, with 45,000 tons of new integrated capacity accounting for 69.23% of the new capacity in 2024 [6] - The majority of polystyrene production capacity is concentrated in East and South China, with East China accounting for 72% and South China for 16% [8] Import and Export - Since 2021, China's polystyrene import volume has declined due to increased domestic production capacity, with imports of 509,300 tons in 2024, down 19.64% year-on-year [12] - Exports have increased, with 543,000 tons exported in 2024, a year-on-year increase of 3.41%, marking a shift from trade deficit to trade surplus [12] Consumption Side - The apparent consumption of polystyrene in China has risen to 4.2523 million tons in 2024, up from 3.4828 million tons in 2018, reflecting a year-on-year growth of 3.45% [14] Company Landscape - Key players in the polystyrene industry include Zhenjiang Qimei Chemical Co., Huizhou Renxin New Materials Co., Xinghui Environmental Materials Co., and Shanghai Yingke Industrial Co. [16][19] - Zhenjiang Qimei Chemical focuses on diversifying its product range and enhancing the proportion of high-tech products [17] - Huizhou Renxin has a production capacity of over 210,000 tons of general-purpose polystyrene and 90,000 tons of high-impact polystyrene [17] - Xinghui Environmental is the largest polystyrene producer in South China, with a production capacity of 350,000 tons [19] Future Trends - The polystyrene industry is expected to see steady capacity expansion, with total capacity projected to exceed 8 million tons by the end of 2025, although competition is intensifying due to oversupply [21] - Export markets are becoming increasingly important, with a compound annual growth rate of 40.52% in exports since 2019, and expectations for exports to exceed 300,000 tons by 2025 [22] - Supportive policies and regulations are being implemented to promote the healthy and standardized development of the polystyrene industry [23]

Core Viewpoint - Huari Precision aims to expand its market presence in South America, particularly in Brazil, by participating in the EXPOMAFE 2025 exhibition, which is a significant industrial event in the region [1][2]. Group 1: Market Opportunity - Brazil is the largest economy in South America with a population exceeding 200 million, leading in industrial development within the region [2]. - The country has seen rapid growth in e-commerce, creating favorable conditions for Chinese SMEs to export to Brazil, with some using Brazil as a gateway to other South American countries [2]. Group 2: Product Offerings - Huari Precision showcased its latest U series and Qilin series products at the exhibition, which are designed to enhance efficiency and reduce costs for users in various industries [2]. - The U series super universal hard alloy end mills are versatile for processing automotive and special machinery parts, while the Qilin series meets the stringent requirements for high-temperature alloy processing [2]. Group 3: Strategic Development - The company is enhancing its product line by entering new material fields such as metal ceramics and superhard materials, while also improving its distribution channels and overseas dealer networks [3]. - Brazilian customers are increasingly prioritizing product quality and brand reputation, which presents a favorable environment for high-quality Chinese industrial products to penetrate the South American market [3].