南都讯记者杨文君发自北京近日，欧盟委员会批准对一款中国制造的大众品牌SUV免征关税，该车型将改为按最 低价格和配额模式出口欧盟，中国商务部是否支持电动汽车制造商与欧盟进行逐案协商？就这一问题，商务部新 闻发言人何亚东在2月12日的例行新闻发布会上进行了回应。 何亚东表示，此前，中欧双方经多轮磋商，在世贸组织规则框架下，实现电动汽车案"软着陆"，受到国际社会、 中欧产业等各界的普遍欢迎。根据磋商共识，中欧双方支持中国电动汽车企业用好价格承诺，欧方为此专门发布 了双方磋商后形成的指导文件，并承诺秉持非歧视原则，客观公正地进行评估。 何亚东还表示，中欧汽车产业深度融合、互利共赢。希望欧方切实落实中欧领导人会晤重要共识和案件磋商成 果，期待越来越多的中国企业与欧方就价格承诺达成一致。中方愿与欧方继续保持对话沟通，为中欧产业发展营 造开放、稳定的市场环境。 商务部新闻发言人何亚东。 （文章来源：南方都市报） ...

Core Insights - The China Automotive Industry Association (CAAM) released a report indicating that most of the 17 key automotive enterprises have reduced their payment terms to within 60 days, with an average payment term of approximately 54 days, which is a reduction of about 10 days compared to the previous year [2] - The revised "Regulations on Payment for Small and Medium-sized Enterprises" will take effect in June 2025, mandating large enterprises to pay small and medium-sized enterprises within 60 days of delivery [2] - The report highlights that the average accounts payable turnover days for domestic listed automotive companies in 2024 is 182 days, significantly higher than that of German (40.5 days) and American (60.5 days) automotive companies, causing financial strain on upstream enterprises [2] Group 1 - The CAAM's survey shows that all key automotive enterprises are prioritizing the implementation of payment term commitments, with many forming special task forces and establishing long-term mechanisms for commitment fulfillment [3] - The survey indicates that 15 out of 17 key automotive enterprises use cash or bank acceptance bills for payments, with 5 companies having a cash payment ratio exceeding 50% and 2 companies exceeding 70% [3] - 14 out of the 17 key enterprises are implementing additional preferential policies for small and medium-sized enterprises, ensuring that the payment process from delivery to payment does not exceed 60 days [3] Group 2 - There are still issues in the payment processes of some automotive enterprises, such as discrepancies in the starting point for payment terms, which can lead to extended payment periods despite nominally adhering to the 60-day term [4] - The CAAM emphasizes the need for continuous efforts to address these issues, as the management of the payment process is not sufficiently standardized [4]

欢迎分享给你的朋友！ 出品 | 中国能源报（c n e n e rg y） 责编丨李慧颖 来源：新华社 End 商务部2月1 2日举行例行新闻发布会。有记者问：欧盟委员会批准对一款中国制造的大众 品牌SUV免征关税，该车型将改为按最低价格和配额模式进口。请问中国商务部是否支持 电动汽车制造商与欧盟进行逐案协商？ 商务部新闻发言人何亚东表示，此前，中欧双方经多轮磋商，在世贸组织规则框架下，实 现电动汽车案"软着陆"，受到国际社会、中欧产业等各界的普遍欢迎。根据磋商共识，中 欧双方支持中国电动汽车企业用好价格承诺，欧方为此专门发布了双方磋商后形成的指导 文件，并承诺秉持非歧视原则，客观公正地进行评估。中欧汽车产业深度融合、互利共 赢。希望欧方切实落实中欧领导人会晤重要共识和案件磋商成果，期待越来越多的中国企 业与欧方就价格承诺达成一致。 中方愿与欧方继续保持对话沟通，为中欧产业发展营造 开放、稳定的市场环境。 ...

Core Insights - Mercedes-Benz Group reported strong financial performance driven by growth in high-end luxury vehicle sales and strict cost control, maintaining guidance for fiscal year 2025 [2] Financial Performance - Adjusted EBIT for fiscal year 2025 is projected at €8.2 billion, down from €13.7 billion in 2024, with revenue expected to reach €132.2 billion compared to €145.6 billion in 2024 [3] - Free cash flow from industrial operations is forecasted at €5.4 billion, a decrease from €9.2 billion in 2024 [3] - The passenger car division's adjusted EBIT is expected to be €4.8 billion, down from €8.7 billion in 2024, with an adjusted sales margin of 5.0% [3] Business Efficiency - The "Corporate Operations Improvement Program" is expected to contribute over €3.5 billion to EBIT in fiscal year 2025 through reduced material costs and improved production and sales efficiency [3] - The light commercial vehicle division achieved a two-digit adjusted sales margin of 10.2%, despite a decrease in adjusted EBIT to €1.75 billion from €2.8 billion in 2024 [4] Strategic Initiatives - The company plans to launch over 40 new models within three years, with strong demand for new models like the CLA, GLC SUV, and S-Class [4] - For fiscal year 2026, revenue is expected to remain stable, while EBIT is projected to significantly increase due to structural adjustment costs accounted for in 2025 [5] Market Strategy in China - Mercedes-Benz aims to strengthen its market presence in China by expanding local technology partnerships and accelerating supply chain localization [6] - The company is leveraging insights from 7 million Chinese customers to develop models tailored to local market needs, collaborating with local tech firms like Momenta and ByteDance [6]

Group 1 - BMW Group announced a global recall of several hundred thousand vehicles due to potential safety hazards related to the engine starting device [1] - The recall affects vehicles produced between July 2020 and July 2022, as well as those that had the relevant starting device added during repairs [1] - Reports indicate that the number of affected vehicles could be as high as 575,000, with issues including excessive starting attempts, increased wear on the starter solenoid, and potential overheating leading to fire hazards while driving [1]

2月12日，商务部例行举行新闻发布会，商务部新闻发言人回复大众SUV免税、乳制品反补贴调查、中 美沟通等问题。以下是发布会要点： 商务部回应欧盟批准对一款中国品牌SUV免征关税 以下是商务部原文： 有记者问：欧盟委员会批准对一款中国制造的大众品牌SUV免征关税，该车型将改为按最低价格和配额 模式进口。请问中国商务部是否支持电动汽车制造商与欧盟进行逐案协商？ 商务部新闻发言人何亚东表示，此前，中欧双方经多轮磋商，在世贸组织规则框架下，实现电动汽车 案"软着陆"，受到国际社会、中欧产业等各界的普遍欢迎。根据磋商共识，中欧双方支持中国电动汽车 企业用好价格承诺，欧方为此专门发布了双方磋商后形成的指导文件，并承诺秉持非歧视原则，客观公 正地进行评估。中欧汽车产业深度融合、互利共赢。希望欧方切实落实中欧领导人会晤重要共识和案件 磋商成果，期待越来越多的中国企业与欧方就价格承诺达成一致。中方愿与欧方继续保持对话沟通，为 中欧产业发展营造开放、稳定的市场环境。 欧盟相关乳制品公司税率7.4%-11.7%，实施期限5年 有记者问：商务部于2月12日发布了对原产于欧盟的进口相关乳制品反补贴调查终裁公告。能否介绍一 下案件的情况 ...

Market Overview - The Hong Kong stock market experienced a decline, with the Hang Seng Index falling by 0.86% to 27,032.54 points, the Hang Seng Tech Index down 1.65% to 5,408.98 points, and the National Enterprises Index decreasing by 1% to 9,175.18 points [1] - Major technology stocks saw a collective drop, including Alibaba down 0.94%, Tencent down 2.28%, and Meituan down 4.5% [1] Sector Performance - Semiconductor stocks surged, with Zhaoyi Innovation rising over 20% and Wallen Technology increasing nearly 10% [1] - AI application stocks saw significant gains, particularly Zhiyuan, which spiked over 41% after the release of its new model GLM-5 [2] - Defensive sectors performed well, with Jiaxin International Resources rising over 4% and achieving a new listing high, while rare earth prices supported the performance of Jinli Permanent Magnet, which rose over 4% [3] Individual Stock Movements - Bole Electric experienced a dramatic increase of over 130%, driven by demand growth in the data center sector [5] - Tigermed Pharmaceutical's stock fell nearly 5% despite a projected net profit increase of 105% for 2025, as its core CRO business showed a decline [5] Analyst Insights - Analysts from CICC noted that the recent market pullback is due to a combination of factors including hawkish Fed expectations and concerns over AI capital expenditure returns [6] - Dongwu Securities suggested a defensive strategy due to reduced trading volume and heightened market caution [6] - Analysts from Guangfa Securities indicated that the Hong Kong market may see a temporary rise following the Lunar New Year, but warned of potential risks post-holiday [6]

本文源自：金融界AI电报 梅赛德斯-奔驰股价在财报公布后下跌5.3%。 ...

更多财经资讯等你来看 往期推荐 据财联社，韩国个人信息保护委员会2月12日表示，对路易威登（LV）、迪奥和蒂芙尼三家国际奢侈品牌韩国销售公司共计处以逾360亿韩元（约合人民 币1.7亿元）罚款，原因是顾客信息管理不善导致个人信息泄露。 据悉，LV韩国公司的360万名顾客的个人信息被泄露，迪奥和蒂芙尼韩国公司分别有195万名和4600名顾客信息遭泄。三家公司被处罚款金额分别为213.85 亿、122.396亿和24.192亿韩元。 来源： 第一财经 关注" 新华网财经 "视频号 多家银行，上调存款利率 雷军：春节期间小米汽车因自身故障抛锚，可报销1500元高铁/机票费和 500元住宿费 ...

Group 1 - The core viewpoint of the article highlights that Changan Automobile's share repurchase plan underscores the company's growth prospects and strengthens investor confidence [1] - The repurchase plan includes a minimum of 700 million yuan and a maximum of 1.4 billion yuan for A-shares, and a minimum of 300 million yuan and a maximum of 600 million yuan for B-shares [1] - The repurchase is based on the company's strong confidence in its strategic development and intrinsic value, aiming to enhance shareholder rights and increase earnings per share [1] Group 2 - Changan Automobile is actively developing intelligent driving technologies and is strategically positioning itself in robotics and flying car businesses to build future competitiveness [1] - The company has strong capabilities in product development and is undergoing a transformation towards electric and intelligent vehicles, with rapid overseas expansion [1] - The acceleration of the electric and intelligent transformation is expected to drive sales growth, with projected net profits of 5.16 billion yuan and 7.59 billion yuan for 2025 and 2026, respectively, corresponding to PE ratios of 21.5 and 14.7 [1]