召回编号S2026M0012V：自即日起，召回2025年8月27日至2025年8月29日期间生产的部分进口2025款 路虎揽胜、揽胜运动版汽车，共计16辆。 捷豹路虎（中国）投资有限公司将通过电话、短信等方式通知有关用户此次召回事宜。相关用户可拨打 路虎品牌客户服务热线：400-820-0187进行咨询。此外，也可登录市场监管总局召回中心网站 www.samrdprc.org.cn，关注微信公众号（SAMRDPRC），了解更多信息，反映缺陷线索。 本次召回范围内的车辆，由于生产装配问题，变速箱换挡控制模块内的挡位指示灯可能无法正常点亮， 造成驾驶员无法识别车辆挡位状态，增加事故风险，存在安全隐患。 经济观察网 据市场监管总局网站消息，日前，捷豹路虎（中国）投资有限公司根据《缺陷汽车产品召 回管理条例》和《缺陷汽车产品召回管理条例实施办法》的要求，向国家市场监督管理总局备案了召回 计划。 捷豹路虎（中国）投资有限公司将为召回范围内车辆免费更换变速箱换挡控制模块，以消除安全隐患。 ...

2026年，东风汽车将让品牌从"看见"变为"认同"，深化"一个东风"战略。东风汽车与华为联合共创的奕 境品牌将于3月全球亮相，打造懂用户的高端智能车。东风猛士持续"登峰"，将推出全新U系列；东风 岚图继续向上突破高端市场，将以岚图泰山Ultra、X8，岚图FE、岚图珠峰等产品，打出聚焦智驾、空 间、颜值与科技的组合拳；东风奕派科技聚焦智慧家庭出行需求，东风奕派将推出全新的全尺寸六座 SUV、大空间SUV和高性能轿跑，东风风神品牌将推出真七座SUV风神L9；而东风风行将推出全新战 略车型星海V6。东风商用车将基于新一代战略平台D600，推出首款新能源车型东风天龙KH牵引车，致 力于在每一个细分市场，打造能赢得用户口碑的爆款车型。 1月31日，"新起点 新征程——2026年东风汽车媒体创享会"在北京举行，共同见证东风汽车在深刻变革 中的坚定步伐与向上力量。东风汽车集团及旗下自主乘商、合资等品牌相关负责人悉数参加，全方位解 读"一个东风"战略协同下各业务板块的发展路径，成为东风汽车与媒体界深化沟通、凝聚共识的重要平 台，传递出重塑东风新辉煌的坚定决心。 2025年，中国汽车行业进入发展深水区，东风汽车坚持"做难而正 ...

它们似乎互不相干：一边是硅谷在展示"AI智能体能把活儿做完"，达沃斯有人用一句话重写 增长叙事，另一边则是黄金闪崩、保证金上调、全球资产一起"抽水"。但把它们放在一起， 会发现其实都在讲同一件事：世界正在重新定价生产力、现金流与信用。 01 1月30日，是全球金融市场不寻常的一天。 伦敦现货黄金以9.25%的跌幅排在全球主要资产标的表现倒数第三，现货白银更是以26%的跌幅垫底。 很多人第一反应，是仅将它视为一次"价格暴跌"。但如果把镜头拉远，会发现这更像一次全球市场 对"规则与信任"的重新标价：被当作避险的资产，也可能成为波动的源头——它要么靠"共识"上涨，要 么被"纪律"砸下去。此后两天，黄金价格继续大开大合。中金公司指出，在急涨与暴跌交织的巨震面 前，任何点位的测算都显得苍白。 在望正资本全球宏观对冲基金董事长刘陈杰看来，这场惊跳可以拆成三幕：影子内阁、规则重置、流动 性休克与清算后反弹。此外，再加一条隐线，即所谓"马斯克公式"与"执行权下沉"的AI（人工智能）革 命，可能正在悄悄改变市场对通胀、增长与美元信用的想象。 至少，黄金信仰并未崩塌。2月4日盘中，伦敦现货黄金报5079.3（+2.66%）美元/ ...

东风汽车股份有限公司将免费为召回范围内的车辆进行检查，根据检查结果为车架纵梁安装加强件或更 换带有加强件的车架；并在纵梁外侧增加平面加强板，更换改进后的后减震器及减震器支架，以消除安 全隐患。 东风汽车股份有限公司将通过东风汽车股份有限公司服务站以电话、挂号信等方式，通知有关用户此次 召回事宜。用户可以拨打客户服务热线：400-623-4308（24小时手机拨打）、0710-3398409（座机拨 打）进行咨询。此外，也可登录市场监管总局召回中心网站www.samrdprc.org.cn，关注微信公众号 （SAMRDPRC），了解更多信息，反映缺陷线索。 经济观察网 据市场监管总局网站消息，日前，东风汽车股份有限公司根据《缺陷汽车产品召回管理条 例》和《缺陷汽车产品召回管理条例实施办法》的要求，向国家市场监督管理总局备案了召回计划。 召回编号S2026M0009V：自即日起，召回2021年4月26日至2022年12月19日期间生产的部分EV18纯电动 厢式物流车，共计6482辆。 本次召回范围内的车辆，由于后减震器支架安装铆钉处的车架纵梁强度不足，在特殊工况下长期使用， 可能导致车架纵梁与后减震器支架开裂。极 ...

Domestic News - As of February 4, 360 million drivers in China have successfully applied for electronic driving licenses, allowing them to present their licenses via mobile phones without needing physical copies [2] - China has released a total of 88 mandatory national standards related to automotive safety, including revised standards for electric vehicles and battery safety, enhancing safety requirements for power batteries [3] - The China Association of Automobile Manufacturers (CAAM) projects that by 2025, automobile exports will reach 8.324 million units, a year-on-year increase of 29.9%, with export value reaching $142.46 billion, up 21.4% [4] - Beijing plans to establish 42 supercharging stations by 2025 across 12 highway service areas, with current service areas having 530 charging piles and 674 charging spaces, representing 26% of small car parking spaces [5] International News - In December, Germany's mechanical manufacturing orders fell by 5% year-on-year, primarily due to weak demand from non-Eurozone countries, despite a 7% increase in domestic orders [6] - South Korea's electric vehicle exports to the U.S. plummeted by 86.8% in 2025, totaling 12,166 units, significantly impacted by U.S. tariffs and subsidy cuts [8] Corporate News - The State Administration for Market Regulation has unconditionally approved the establishment of a joint venture between CATL and Chery Automobile [11] - Lin Mi, former CEO of Yundu Automobile, is reportedly starting a new venture focused on AI and robotics in industrial applications, with a core product being an AI spraying robot [12] - Xiaomi's CEO Lei Jun announced that the new generation SU7 will begin arriving in stores starting February 13, with initial displays in major cities [13] - BYD is set to launch its first B-class pure electric SUV, the Song Ultra EV, as announced by the sales manager of BYD's Dynasty Network [14] - Qianli Technology has submitted an application for an L3-level intelligent driving test license, indicating readiness for testing and validation [15] - GAC Honda's new Fit model has sold out, with no further production planned after reaching an order limit of 3,000 units [16]

Macro and Strategy - The report discusses the "anti-involution" policy aimed at addressing overcapacity and disorderly competition, marking a significant shift in the construction of a unified national market [6][8] - The policy evolution is divided into three phases, with the current phase focusing on systematic implementation to eliminate local protectionism and market segmentation [6][7] - The report emphasizes the need for administrative coordination to break down local protection and industry barriers, while also advocating for a long-term focus on reasonable profit margins for enterprises [8][9] Industry and Company - The electronic industry report highlights the rapid emergence of AI applications, with a focus on the computing power chain becoming a central investment theme [16] - The automotive industry report notes that the penetration rate of NOA (Navigation on Autopilot) in urban areas has exceeded 20%, with significant investments in autonomous driving technologies [23][24] - The agricultural sector report indicates a rise in potassium fertilizer contract prices and increased demand for phosphate rock driven by energy storage needs [3] - The real estate sector in Hong Kong shows signs of recovery, with a 21% increase in private residential transaction volume in 2025, marking the second-highest level since 2013 [33][34] - The report on public REITs indicates a continued divergence in performance across different asset types, with a strong long-term allocation value expected as the market matures [10][11] Investment Strategies - The report suggests focusing on sectors benefiting from policy support and strong fundamentals, such as affordable housing and new infrastructure related to digital economy upgrades [10][11] - In the automotive sector, recommendations include investing in companies with strong new product cycles and those involved in intelligent driving technologies [26][29] - The report advises on maintaining a balanced asset allocation strategy, particularly in light of potential market volatility and economic recovery signals [12][13]

国机重装：2025年度净利润同比增长10.89% 利亚德：拟不超1亿元投资产业基金，后者将定向投资商业航天（核心股）领域的非上市公司 【经营合作】 【增持回购】 长安汽车：拟以10亿元-20亿元回购公司股份 【业绩】 【重要事项】 股票频道更多独家策划、专家专栏，免费查阅>> 责任编辑：栎树 盛新锂能：全资子公司盛屯锂业拟12.6亿元收购惠绒矿业13.93%股权 广东建工：联合体中标15.24亿元年产2GWh三维固态锂电池（核心股）智能制造生产基地项目 中船防务：签订16艘支线集装箱船建造合同，金额7.36亿美元至8.96亿美元 中文在线：拟与腾讯计算机就动画微短剧授权合作事宜达成合作 东华科技：与青海东台吉乃尔锂资源股份有限公司签订战略合作框架协议 上海医药（核心股）：拟不低于10.23亿元公开挂牌转让中美施贵宝30%股权 中船防务：签订16艘支线集装箱船建造合同 金额7.36亿美元至8.96亿美元 银邦股份：收到Holtec公司约2.8亿元销售订单 斯莱克：控股子公司获韩国电池客户项目定点 惠博普：签订约15.96亿元Naft Khana油田复产项目合同 北新路桥：联合体中标11.45亿元工程项目 康恩贝 ...

2月2日，韩国现代汽车正式宣布，因俄乌冲突持续引发的地缘政治不确定性，公司未在1月31日的截止日期前行使俄罗斯圣彼得堡汽车工厂的回购选 择权。这一决定意味着现代汽车彻底放弃了重返俄罗斯市场的重要通道。 ■四年煎熬终成空 回首2022年2月下旬，俄乌冲突爆发，之后迫于政治及供应链压力，雷诺、日产、丰田、梅赛德斯-奔驰、福特、马自达、五十铃、大众集团等跨国车 企陆续撤离俄罗斯。2023年底，苦撑近两年的现代汽车终于决定放弃，其召开董事会，批准以1万卢布（约合人民币900元）的象征性价格，将其俄罗斯资 产出售给俄罗斯头部汽车经销商Avilon集团的关联投资平台Art-Finance公司。 当时1万卢布的价码中，不仅包括现代汽车2010年在圣彼得堡卡缅卡工业区设立、年产能23万辆的工厂，还有其2020年收购的通用汽车位于圣彼得堡 舒沙里工业区的工厂，后者年产能为10万辆。这两家工厂负责生产现代及起亚的旗舰车型。 这笔交易最终于2024年1月下旬完成。据现代汽车披露，公司因此遭受了2870亿韩元（约合人民币14亿元）的损失。不同于丰田、大众集团等车企出 售资产时直接放弃回购权利，现代汽车当时在交易条款中特意加入了为期两 ...

Core Viewpoint - The company, FAW Jiefang (000800.SZ), is currently maintaining normal production across its main production lines while adjusting some new and existing product lines based on market demand [1] Group 1 - The company is in the process of ramping up production and optimizing the transformation and upgrading of certain new and existing production lines [1] - Continuous efforts are being made to enhance asset quality and efficiency, which will further improve asset value returns [1] - The company is steadily expanding its market share to capture additional growth opportunities [1]

Group 1 - The core focus of the news is the significant changes in the revenue and investment structure of central enterprises in China, particularly in strategic emerging industries, with revenues exceeding 12 trillion yuan and investments reaching 2.5 trillion yuan, indicating a shift towards modernization and innovation [1][2] - Central enterprises are now tasked not only with preserving and increasing the value of state assets but also with playing a crucial role in building a modern industrial system and a new development pattern, emphasizing the importance of technological innovation and industry control [2] - The current wave of technological revolution and industrial transformation is reshaping the global industrial landscape, making it essential for central enterprises to adapt to technological and market changes to maintain competitiveness [3] Group 2 - Some enterprises are choosing to introduce new technologies and focus on "digging into tracks," such as China FAW, which is transitioning to new energy vehicles, achieving a 71.4% year-on-year increase in sales to 366,000 units by 2025 [3] - Other enterprises are extending their industrial chains, like China Railway Construction, which is developing green building materials, and China National Building Material, which is investing over 60% of its capital into new materials, maintaining a leading position in carbon fiber production [3][4] - Additionally, some companies are expanding their technology chains, such as CRRC, which has leveraged high-speed rail technology to enter the wind power industry, with this new sector accounting for 35% of its total revenue [4]