Core Insights - The article highlights the rapid development of logistics and trade infrastructure in Henan province, positioning it as a key player in both domestic and international trade despite being an inland region [1][8] - The establishment of the Zhengzhou International Land Port and the upcoming Central European Train (Zhengzhou) assembly center are pivotal in enhancing the province's logistics capabilities [2][3] Logistics Infrastructure Development - The Zhengzhou International Land Port has been operational since 2013, facilitating over 10,000 train trips to 40 countries and 140 cities in Europe [2] - The new Central European Train assembly center is expected to be completed by June 2025, with a capacity to handle "10,000 trains and 10 million tons" of cargo annually [3][7] - The logistics network is being enhanced through the integration of air, rail, and road transport, creating a multi-modal transport system that improves efficiency and reduces costs for businesses [5][6] Industry Growth and Attraction - Henan has attracted major companies like BYD and Foxconn, leading to the establishment of a robust industrial ecosystem, particularly in the new energy vehicle sector, which produced 167,600 units in Q1 2025, ranking 10th nationally [1][8] - The province's logistics improvements have spurred the growth of cross-border e-commerce, with new air routes enhancing global reach for local businesses [5][6] Future Plans and Projections - The "Henan Province Inland Waterway and Port Layout Planning Revision (2025-2035)" aims to develop a modern inland shipping system, targeting over 2,200 kilometers of navigable waterways by 2030 [7] - The government is focusing on building a comprehensive logistics network that integrates air, rail, road, and water transport to further enhance trade efficiency [9][10]

Core Points - Zhejiang Qianjiang Motorcycle Co., Ltd. announced a cash dividend distribution plan for the fiscal year 2024, proposing to distribute a cash dividend of RMB 4.00 per 10 shares, totaling RMB 210,644,400.00 [1][2] - The plan was approved at the shareholders' meeting held on May 16, 2025, and will not include stock dividends or capital reserve transfers [1][2] - The record date for the dividend distribution is set for May 28, 2025, with the ex-dividend date on May 29, 2025 [1][2] Dividend Distribution Details - The total share capital of the company is 526,611,000 shares, and the cash dividend will be distributed based on this total [1][2] - For Hong Kong market investors and certain qualified foreign institutional investors (QFII, RQFII), the cash dividend after tax will be RMB 3.60 per 10 shares [1][2] - Different tax rates will apply for individual shareholders based on their holding period, with specific tax amounts outlined for different durations [1][2] Rights and Procedures - The cash dividends will be directly credited to shareholders' accounts through their custodial securities companies starting from May 29, 2025 [2] - The calculation principle for the ex-dividend price is based on the total cash dividend amount divided by the total number of A shares, resulting in an ex-dividend price adjustment of RMB 0.40 per share [2] - The company will fulfill its disclosure obligations regarding any adjustments to the ex-dividend price as per relevant regulations [2]

Group 1: Economic Growth and Trade - Henan's foreign trade has shown significant growth, with a total import and export value exceeding 270 billion yuan in the first four months of the year, marking a year-on-year increase of 29.5% [2] - The province has implemented 27 measures to stabilize and enhance foreign trade, providing practical support for enterprises to explore new markets [2] - The recent Canton Fair saw 575 enterprises from Henan achieve over 100 million USD in export transactions with 15 countries, injecting new momentum into the province's foreign trade development [2] Group 2: Investment Attraction - Henan has actively promoted investment, forming a delegation to Hong Kong and signing 52 projects with a total investment of 51 billion yuan at the 2025 Global Henan Business Conference [2] - The establishment of a factory by Brazil's BRF company in Xihua County, with an investment of nearly 600 million yuan, marks a significant foreign investment in the province [2] - In the first four months of the year, 148 new foreign enterprises were established in Henan, representing a year-on-year increase of 38.3% [2] Group 3: Infrastructure and Logistics - The Zhengzhou Comprehensive Bonded Zone has attracted major e-commerce companies, enhancing the province's logistics capabilities and connecting it to global markets [4] - Henan is focusing on developing its hub economy by improving transportation networks, including high-speed rail and air transport, to facilitate domestic and international trade [5] - The "Air Silk Road" now covers over 200 cities globally, and the China-Europe Railway Express reaches more than 40 countries and regions, showcasing Henan's expanding logistics network [6] Group 4: Regulatory Innovations - Henan has successfully launched the first cross-border e-commerce TIR card train to Moscow, indicating progress in optimizing regulatory frameworks [8] - The province's Free Trade Zone has produced 615 institutional innovation results since its establishment, with 25 of these being promoted nationwide [8] - A new regulation aimed at supporting institutional innovation in the Free Trade Zone has been implemented, highlighting Henan's commitment to high-level openness [8] Group 5: Overall Development Strategy - Henan is transforming from an inland region to a competitive frontier through continuous openness, aiming to participate more actively in global competition [9] - The province's strategy includes deepening integration into global industrial divisions and enhancing its open economic environment [3][9]

贸易（资料图） 彭博社称，就在上个月，即使美国总统宣布一系列新关税，印度方面也已表示不会采取任何针锋相对的行动，而是选择优先进行双边贸易协议的谈判。两国 都计划在今年秋季前最终敲定协议。新德里智库全球贸易研究倡议创始人阿贾伊·斯里瓦斯塔瓦表示，"印度最新的世贸组织行动正值一个微妙的时刻。"迄 今为止，印度在特朗普第二任期内一直采取和解态度。今年早些时候，新德里彻底改革关税制度，降低约8500种工业品的进口关税，其中包括波本威士忌和 哈雷·戴维森公司生产的高端摩托车等知名美国商品，平息美国总统长期以来的不满。斯里瓦斯塔瓦认为，新德里此次在WTO采取的行动表明了其更强硬的 立场，"印度的举动反映了一种更广泛的转变：愿意在全球贸易规则框架内维护自身权利，以保护经济利益"。 据第一财经报道，日本坚持以"零关税"为目标，日美贸易谈判前景如何？日本央行的政策路径又将如何影响？上海国际问题研究院陈友骏认为，日美结构性 矛盾不可调和，日方在谈判中"讨价还价"空间很小。浙商银行财富管理部总行投顾周锦舜认为，日美贸易谈判可能分几个阶段，前景并不明朗。受关税影 响，日本部分经济先行指标已经走弱。 美国对日本挑起关税战，甚至把美日防 ...

Investment Rating - The report maintains a "Buy" rating for the motorcycle industry, particularly recommending companies such as Chuanfeng Power, Longxin General, and Qianjiang Motorcycle [5][15]. Core Insights - The motorcycle industry is experiencing significant growth, with April 2025 sales for motorcycles over 250cc reaching 93,000 units, a year-on-year increase of 28.0% and a month-on-month increase of 5.6%. Cumulative sales from January to April 2025 reached 298,000 units, up 58.3% year-on-year [3][4]. - The report highlights strong performance in the 500cc+ segment, with notable increases in sales and market share for leading companies, driven by new model launches and export growth [5][15]. - The competitive landscape shows that leading companies like Chuanfeng Power, Qianjiang Motorcycle, and Longxin General are solidifying their market shares, with a combined market share of 52.9% for the top three companies in April 2025 [6][8]. Summary by Sections Sales Performance - In April 2025, sales of motorcycles over 125cc reached 786,000 units, a year-on-year increase of 24.2% and a month-on-month increase of 10.5%. The growth was primarily driven by the 125-150cc and 500-800cc segments [4]. - The export of motorcycles over 250cc in April 2025 was 39,000 units, a year-on-year increase of 23.4%, while domestic sales reached 54,000 units, up 31.6% year-on-year [4]. Market Structure - The report indicates robust growth in the 500cc+ motorcycle segment, with April sales showing a year-on-year increase of 106.6% for models in the 500cc-800cc range [5]. - The 800cc+ segment saw a remarkable year-on-year increase of 179.2% in April 2025, indicating a strong demand for high-performance motorcycles [5]. Competitive Landscape - Chuanfeng Power led the market with a 24.1% share in April 2025, followed by Qianjiang Motorcycle at 16.2% and Longxin General at 12.7% [6][8]. - The report notes that Chuanfeng Power's total motorcycle sales in April 2025 reached 56,000 units, a year-on-year increase of 108.1% [9]. Future Outlook - The motorcycle industry is expected to continue its upward trajectory in 2025, driven by new model launches and an expanding export market. The report anticipates sustained high growth rates for leading companies [11][15].

Core Viewpoint - The motorcycle industry is experiencing significant growth in sales, particularly in the mid-to-large displacement segment, driven by strong domestic demand and export performance [2][12]. Industry Overview - April sales for motorcycles above 125cc reached 786,000 units, a year-on-year increase of 24.2% and a month-on-month increase of 10.5%, with notable contributions from 125-150cc and 500-800cc segments [2]. - The 250cc and above segment saw sales of 93,000 units in April, up 28.0% year-on-year and 5.6% month-on-month, marking a historical high [2][3]. - Cumulative sales from January to April for 250cc and above motorcycles reached 298,000 units, reflecting a year-on-year increase of 58.3% [2]. Structural Insights - The 500cc and above displacement models are experiencing robust growth, with April sales of 7,000 units, a staggering year-on-year increase of 436.0% [5]. - The overall mid-to-large displacement motorcycle sales continue to maintain high growth rates, with strong domestic performance as the peak season approaches [3]. Competitive Landscape - The top three companies in the 250cc and above segment in April were Chunfeng Power, Qianjiang Motorcycle, and Longxin General, with a combined market share of 52.9% [4]. - Chunfeng Power's total two-wheeler sales in April reached 56,000 units, a year-on-year increase of 108.1% [4]. - Qianjiang Motorcycle's April sales were 35,000 units, down 12.4% year-on-year, while Longxin General reported sales of 145,000 units, up 9.6% year-on-year [7][11]. Future Outlook - Chunfeng Power is focusing on new models in the 450cc and 650cc categories, which are expected to drive sales growth [6]. - The export market for motorcycles is anticipated to maintain high growth rates, with significant increases in export volumes projected for 2025 [6][14]. - The mid-to-large displacement motorcycle market is expected to expand rapidly, with domestic brands likely to benefit the most from the rising demand [12].

Investment Rating - The report maintains a "Buy" rating for the motorcycle industry, particularly recommending companies like Chuanfeng Power, Longxin General, and Qianjiang Motorcycle [5][15]. Core Insights - The motorcycle industry is experiencing significant growth, with April 2025 sales of motorcycles over 250cc reaching 93,000 units, a year-on-year increase of 28.0% and a month-on-month increase of 5.6% [3][4]. - The overall market for large-displacement motorcycles is expected to continue expanding, driven by new model launches and increased export activities from leading companies [5][15]. Summary by Sections Sales Performance - In April 2025, sales of motorcycles above 125cc reached 786,000 units, up 24.2% year-on-year and 10.5% month-on-month, with significant contributions from 125-150cc and 500-800cc segments [4]. - For motorcycles over 250cc, April sales were 93,000 units, with a cumulative total of 298,000 units from January to April, reflecting a 58.3% year-on-year increase [4]. Export and Domestic Sales - Exports of motorcycles over 250cc in April were 39,000 units, a year-on-year increase of 23.4%, while domestic sales were 54,000 units, up 31.6% year-on-year [4]. - Cumulative exports from January to April reached 158,000 units, a significant year-on-year increase of 81.1% [4]. Market Structure - The report highlights strong growth in the 500cc+ segment, with April sales of 16,000 units, a year-on-year increase of 106.6% [5]. - The top three companies in the 250cc+ segment are Chuanfeng Power, Qianjiang Motorcycle, and Longxin General, with a combined market share of 52.9% in April [6]. Company Performance - Chuanfeng Power reported a total motorcycle sales of 56,000 units in April, a year-on-year increase of 108.1% [9]. - Longxin General's April sales reached 145,000 units, with a year-on-year increase of 9.6% [14]. - Qianjiang Motorcycle's April sales were 35,000 units, reflecting a year-on-year decrease of 12.4% [12]. Future Outlook - The report anticipates continued strong performance in the motorcycle market, with a focus on new model launches and expanding export capabilities [11][15]. - The motorcycle industry is expected to benefit from a growing demand for large-displacement motorcycles, with domestic brands likely to be the biggest beneficiaries [15].

美国总统特朗普周四表示，印度已提出取消对美国商品关税的提议，当前正值这个亚洲国家谈判一项协 议以避免更高的进口税之际。 自重返白宫以来，特朗普一直在向印度政府施压，要求解决两国之间去年的贸易失衡问题，美国对印度 的贸易逆差约为470亿美元。 特朗普在卡塔尔的一次活动中表示，印度政府"基本愿意达成不收取我们任何关税的协议。" 特朗普没有提供印度这项明显提议的更多细节，印度政府未立即回应置评请求。 继印度总理莫迪2月访问白宫后，印度是首批与美国启动贸易谈判的国家之一，双方同意到今年秋季敲 定双边协议的第一阶段。印度贸易部长预计将于5月17日至20日在美国会见特朗普政府官员，进行进一 步谈判。 特朗普发表上述评论的几天后，印度威胁对美国较高的钢铁和铝关税实施报复性关税，这表明印度在与 白宫的贸易谈判中可能正采取更强硬的态度。不过，熟悉情况的人士表示，贸易谈判仍在进行中。 印度的一些分析师认为，特朗普的言论可能表明印度已接近敲定协议，或者这些言论是白宫的谈判策 略。 印度智库Global Trade Research Institute创始人Ajay Srivastava表示："美印贸易协议可能正在酝酿中。协 议必须 ...

Core Viewpoint - The motorcycle industry in Jiangmen is experiencing significant growth, with a complete industrial chain established, leading to a substantial increase in exports and a strong presence at trade fairs [1][2]. Group 1: Industry Growth - Jiangmen's motorcycle exports reached 4.01 billion yuan in the first quarter, marking a year-on-year increase of 61.5% [1]. - Jiangmen is recognized as one of the three major motorcycle industrial bases in China, integrating R&D, core component manufacturing, and complete vehicle assembly [1]. Group 2: Trade Fair Highlights - At the 137th China Import and Export Fair, Jiangmen showcased a diverse range of motorcycles tailored to various market needs, including high-end models and those specifically designed for Africa and the Middle East [1]. - New energy motorcycle models received particular attention, leading to numerous orders from both new and existing customers during the fair [1]. Group 3: Support for Exporting Companies - Jiangmen Customs is actively supporting motorcycle companies in expanding their international presence through policy delivery and legal education initiatives [1]. - The customs authority is monitoring trade dynamics in key export markets such as ASEAN, the Middle East, and Africa, providing guidance to help companies navigate trade barriers [1]. Group 4: Company Performance - Zhenghao Motorcycle Company reported over a 44% increase in exports in the first quarter compared to the same period last year, reflecting strong confidence in future growth [2]. - Jiangmen Customs is focusing on nurturing over 100 specialized enterprises, providing tailored guidance on AEO system advantages and customs facilitation measures [2].

转自：北京日报客户端 摩旅的风靡，与摩托车产业科技创新双向奔赴。电动摩托车凭借零排放、低成本的突出优势，加快融入 人们的日常出行，业界预测到2030年其全球市场规模将超千亿美元；一系列智能化技术的融入，为摩托 车骑行带来更新奇的体验，还提升了安全保障水平。 配备快充技术，可打破续航焦虑。部分高端电动摩托车品牌，通过不断优化电池技术与充电策略，具备 长续航与快充能力，可实现续航400公里、30分钟快充的效果。 在技术路线的多元探索中，氢能源打开了新的想象空间，部分企业加快开发、试生产氢燃料电池摩托 车。重庆摩企隆鑫通用在行业率先研发搭载氢燃料电池的全地形车，集成了先进的氢燃料电池技术，电 堆比功率达2.2kW/kg，实现高效、清洁、安全的新能源动力输出。 在能源动力类型转换的同时，随着操作方式变革，自动挡加快普及，重构摩托车行业格局。类似于汽车 行业从手动挡向自动挡转变，摩托车领域也迎来了自动挡技术的广泛应用。 在重庆宗 申产业集团有限公司，工作人员在发动机生产线上作业 黄伟 摄 技术赋能之下，摩托车正从传统燃油机械转变为智能电动载具，从生产、交通工具进化为都市青年的潮 玩项目，既重塑了出行形态，也让这一传统产 ...