齐鲁晚报.齐鲁壹点记者尚青龙 近日，国际权威指数机构摩根士丹利资本国际公司(MSCI)公布最新ESG评级结果。赛轮集团凭借在可持续发展领域的卓越表现，ESG评 级由BB级跨级跃升至A级，成为中国轮胎行业首家获评MSCI ESG A级的企业。 MSCI ESG评级从环境、社会和公司治理三大维度，全面评估企业的可持续发展能力和长期价值，是国际资本市场最具影响力的可持续 发展评估体系之一，被全球机构投资者广泛用作投资决策的重要依据。 此次ESG评级实现跨级跃升，标志着赛轮集团在产品质量与安全、公司治理、员工管理、环境管理等领域的ESG实践已经获得国际资本 市场的高度认可，为中国轮胎行业树立了可持续发展的新标杆。 面向未来，赛轮集团将以"eco+"可持续发展战略为引领，围绕"生态卓越、人文共生、价值驱动、精益治理"四大战略支柱，将可持续发 展理念与集团运营深度融合，实现企业价值与社会价值的共生共荣。 ...

来源：环球网 2025年，全球轮胎行业正经历显著挑战。多家行业巨头财报显示业绩下滑，终端市场需求疲软，成本压 力持续高企。米其林、普利司通、固特异等国际龙头企业均出现净亏损。中国国内多家轮胎企业也发布 预警，预期利润大幅下降，部分企业预计跌幅可达80%。行业整体处于一轮深度调整期。 | | | 国际轮胎品牌2025年上半年财务数据 | | | | --- | --- | --- | --- | --- | | 企业名称 | 营业收入/销售额 | 同比 | 净利润 | 同比 | | 米其林 | 130亿欧元 | =3.40% | 8.4亿欧元 | -27,90% | | 普利司通 | 143亿美元 | -2.80% | 7.764亿美元 | -42% | | 固特异 | 87亿美元 | -4.47% | 调整后净亏损为5900万美元 | 曲剧转弓 | | 大陆集团 (轮胎业务) | 76亿美元 | 1% | 9.71亿美元 | -3.10% | | 倍耐力 | 34.99亿欧元 | 4.40% | 5.58亿欧元 | 3.53% | | 住友橡胶 (轮胎业务) | 4883.29亿日元 | -1.60% | 2 ...

Group 1 - The core viewpoint of the report is a recommendation rating for Sailun Tire (601058.SH) at a latest price of 13.24 yuan, based on several positive factors [2] - The company's performance meets expectations, with temporary profit impacts due to U.S. tariffs [2] - Global expansion is progressing steadily, with a focus on non-highway markets [2] - The superior performance of "liquid gold" products is enhancing the company's brand strength [2] Group 2 - The report highlights potential risks including fluctuations in raw material prices, lower-than-expected global tire demand, exchange rate volatility, delays in new capacity implementation, increased international trade friction, and shipping cost fluctuations [2]

Investment Rating - The report maintains a "Buy" rating for key companies in the chemical industry, specifically recommending Shengquan Group, Hailide, Zhuoyue New Energy, and Ruile New Materials [4][5]. Core Insights - The report emphasizes the importance of identifying companies with strong performance in the first half of 2025, particularly those benefiting from AI capital investments and macroeconomic stability [1]. - The phosphate fertilizer export window is expected to open, with high demand anticipated to continue, suggesting a focus on large phosphate chemical companies like Yuntianhua [2]. - Safety incidents in the chemical industry are prompting increased scrutiny, which may lead to a rise in the agricultural chemicals sector as non-compliant capacities are phased out [3]. Summary by Sections Key Companies and Performance - Shengquan Group is highlighted as a major supplier of electronic resins for AI servers, with expected performance improvements due to rising server shipments, projecting an EPS of 1.53 in 2025 [4]. - Hailide, a leader in industrial polyester yarn, is also recommended, with an EPS forecast of 0.37 for 2025 [4]. - Zhuoyue New Energy is noted for its capacity growth and new product launches, with an EPS of 3.16 expected in 2025 [4]. - Ruile New Materials anticipates a 69.93% increase in net profit for the first half of 2025, driven by growth in its pharmaceutical segment [1][4]. Market Trends - The chemical industry index rose by 2.46% this week, outperforming the Shanghai Composite Index [11]. - Key chemical products such as liquid chlorine, lithium carbonate, and lithium hydroxide saw significant price increases, with liquid chlorine prices rising by 92% [20][18]. Sub-industry Analysis - The polyester filament market is experiencing price fluctuations, with an average price of 6,735 CNY/ton for POY and 7,050 CNY/ton for FDY [22]. - The tire industry shows a slight increase in operating rates, with full steel tire rates at 60.06% and semi-steel tire rates at 69.11% [31]. - The refrigerant market remains stable, with R22 prices holding firm between 39,500 and 40,500 CNY/ton [40].

Investment Rating - The report maintains a "Recommended" rating for the company, with a target price based on a PE ratio of 10 for 2025 [7][5]. Core Views - The company's performance in H1 2025 is in line with expectations, with a forecasted net profit of 1.83 billion yuan, down 14.94% year-on-year. The decline is attributed to trade barriers and raw material costs [3][4]. - The company is steadily advancing its globalization strategy, with production capacity exceeding 70 million tires and ongoing projects in Vietnam and Cambodia [4][5]. - The introduction of the "Liquid Gold" tire technology enhances brand strength and addresses long-standing industry challenges, improving fuel efficiency and safety [5][4]. Financial Forecasts - Revenue projections for 2025-2027 are 36.54 billion, 41.85 billion, and 46.16 billion yuan, respectively, with corresponding net profits of 4.21 billion, 4.93 billion, and 5.76 billion yuan [6][10]. - The expected EPS for 2025, 2026, and 2027 are 1.28, 1.50, and 1.75 yuan, respectively, with PE ratios decreasing from 10 to 8 over the same period [6][10]. - The company anticipates a revenue growth rate of 14.9% in 2025, followed by 14.5% in 2026 and 10.3% in 2027 [6][10].

智通财经APP讯，赛轮轮胎(601058.SH)披露2025年半年度业绩预告，预计2025年半年度实现归属于上市公司股东的净利润18.30亿元左右，同比下 降15%左右。预计2025年半年度实现归属于上市公司股东的扣除非经常性损益的净利润18.10亿元左右，同比下降12%左右。公司报告期毛利率同 比有所下降。 （原标题：赛轮轮胎(601058.SH)发预减，预计上半年归母净利润18.3亿元左右，同比下降15%） ...

Core Viewpoint - The company expects a decline in net profit for the first half of 2025, primarily due to international trade barriers, raw material prices, and market conditions [1] Financial Performance - The company anticipates a net profit of approximately 1.83 billion yuan for the first half of 2025, a decrease of about 321 million yuan compared to the same period last year, representing a year-on-year decline of around 15% [1] - The expected net profit, excluding non-recurring gains and losses, is around 1.81 billion yuan, which is a reduction of approximately 242 million yuan year-on-year, equating to a decline of about 12% [1] Operational Strategy - The company plans to optimize its overseas production capacity and increase the promotion of high value-added products to mitigate the impact of the aforementioned factors on its performance [1]

每经AI快讯，8月18日，赛轮轮胎(601058.SH)公告称，赛轮轮胎预计2025年半年度归属于上市公司股东 的净利润为18.30亿元左右，同比下降15%左右。 ...

赛轮轮胎公告，预计2025年半年度实现归属于上市公司股东的净利润18.30亿元左右，与上年同期（法 定披露数据）相比，将减少3.21亿元左右，同比下降15%左右。 (本文来自第一财经) ...

意大利梅洛尼政府正在加速推进一项敏感计划：降低中国投资者在倍耐力、安萨尔多能源、CDP Reti等 意大利战略企业中的持股比例，以避免与美国发生潜在摩擦。意大利政府启用了一项名为 "黄金权 力"的法律机制来推动这些举措。 该机制赋予国家对关键基础设施和企业实施特殊保护的权力，是意大利应对外资进入战略领域的"防卫 武器"。目前，中方投资者活跃于约700家意大利企业，但政府的关注焦点明确集中在能源、交通、技术 和金融等战略领域的大型公司。 梅洛尼政府的目标不仅是降低持股比例，更着眼于重构中资在意大利经济版图中的位置——远离关键基 础设施，转向能够创造就业、提振地方经济的领域。中方回应传递了明确信号："中意投资合作互利互 惠，从不针对第三方，也不应受到第三方干扰。" 意大利的行动是欧洲对华投资政策转变的缩影。过去十年，欧洲国家曾乐于接受中资对葡萄牙能源公司 EDP、希腊比雷埃夫斯港等战略资产的投资。如今，在中美博弈局势加剧的背景下，欧洲正采取更具选 择性的策略。欧盟国家正试图引导中方资本远离港口、电网等关键基础设施，转而投向电动汽车和电池 工厂等更符合欧洲经济优先级的领域。 8月11日，中方对关于意大利计划减少中资 ...