1月5日晚间，巨星科技发布年度业绩预告，预计2025年全年归母净利润为24.19亿元—27.64亿元，同比 预增5%—20%；预计扣非净利润为23.09亿元—26.54亿元，同比预增0.2%—15.2%。 经营业绩稳健增长，二级市场上巨星科技也表现亮眼。2025年4月11日，公司股价最低仅19.69元/股， 2026年1月6日其股价最高报37.53元/股，近9个月股价最高增幅超90%。 长江商报记者注意到，2025年三季度，巨星科技获"国家队"加仓，全国社保基金四零六组合、全国社保 基金一零一组合分别加仓131.87万股、117.25万股，分别位列第四、第八大股东。 2025年归母净利最高预增20% 1月5日晚间，巨星科技发布年度业绩预告，预计2025年全年归母净利润为24.19亿元—27.64亿元，同比 预增5%—20%；预计2025年全年扣非净利润为23.09亿元—26.54亿元，同比预增0.2%—15.2%。其中， 2025年四季度预计归母净利润为2.59亿元—6.04亿元，同比变动幅度为-29.7%—64.2%。 长江商报记者注意到，对比前两年业绩增幅，2025年，巨星科技业绩增速明显放缓。 2024 ...

2025年12月25日，重庆工商大学涵智楼1108教室座无虚席，一场以"理论赋能实践，校企共育新商才"为主题的《国际商务导论》课程结课汇报活动在此盛大 召开。重庆力渝精工科技有限公司总经理唐代平作为校企合作企业代表受邀出席，与师生共同见证课程成果，共话产教融合新路径。 本次汇报活动是重庆工商大学深化产教融合、推进校企协同育人的生动实践。活动现场，2024级商务英语专业学子以小组为单位，紧扣《国际商务导论》课 程核心知识点，聚焦国际市场调研、跨境贸易模拟等关键主题，通过PPT演示、案例剖析等多元形式，全面、生动地呈现了课程学习成果。同学们的汇报内 作为重庆工商大学外国语学院客座导师，唐代平在活动中分享了力渝精工的国际化发展经验。他介绍，力渝精工作为重庆五金工具外贸出口的领军企业，一 直专注于钉枪、钉子等产品的研发、生产和销售。公司通过与橙柚青合作，搭建"国内AI智能体 + Google AI"矩阵模式，构建全球化品牌生态，实现了技术 文档的多语种实时翻译，并通过AI客服系统将海外售后响应时间缩短至48小时内。同时，力渝精工还在德国杜塞尔多夫、巴西圣保罗设立区域服务中心， 提供"48小时备件到达"服务，有效提升了 ...

谈到利润分配模式，徐伟强有着更深刻体会。"我们打破了传统外贸'2:8'的利润格局，将利润拆解为工厂、贸易、品牌服务、库存账期、本地服务五大模 块。"徐伟强表示，这一创新的目的在于推动各方从博弈关系转向共享共生，最终驱动中国产业带实现从"产品出海"到"品牌出海""标准出海"的持续升级。 "我们将把'4:6/6:4'的利润共享模式推广至更多合作国家。"徐伟强表示，吸引更多伙伴加入"链式共享"生态，最终打造具有全球影响力的中国产业带品牌集 群。 面向未来，徐伟强表示，脉链集团下一步将聚焦三大关键发力点。首先，集团将强化科技创新对供应链的赋能，利用大数据、AI技术精准预测需求，并推 动工厂产品向智能化、高端化升级。其次，深化"地头"资源整合，加快在重点市场布局区域服务中心，完善本地化服务体系，拓展"百城万店"的渠道网络。 此外，集团还将推动"利益重构"进一步全球化落地。 浙江脉链品冠科技有限公司（脉链集团）董事长徐伟强。 中国商报（记者 于佳鑫）12月18日，第十二届中国商业创新大会在北京举行。浙江脉链品冠科技有限公司（脉链集团）董事长徐伟强在接受中国商报记者 专访时表示，中国品牌出海机遇空前。"全世界只有中国拥有如 ...

Core Insights - China's foreign trade provinces have made significant progress in diversifying trade markets, with notable achievements in regions like Zhejiang, Guangdong, and Sichuan, enhancing the resilience of foreign trade development [1] Group 1: Zhejiang Province - Zhejiang's total import and export value exceeded 5 trillion yuan, reaching 5.06 trillion yuan, marking a historical high for the same period [1] - Taizhou's sewing machinery exports are a key foreign trade industry, with exports surpassing 5 billion yuan, a year-on-year increase of 8.7%, primarily driven by markets in India, Brazil, Vietnam, and Egypt [4] - A Taizhou sewing machinery company reported that foreign trade accounts for 80% of its business, with two products experiencing sales growth exceeding 70% [3][4] Group 2: Yongkang City - Yongkang's exports to Africa have surged, with one electric tool company reporting a 20% increase in exports to the region [6] - The demand for electric tools in Africa is rising due to urbanization and industrialization, prompting Yongkang's foreign trade enterprises to intensify market development efforts [10] - Over 600 companies in Yongkang are engaged in trade with Africa, with exports of hand and machine tools increasing by 24.2% [12] Group 3: Guangdong Province - Guangdong's trade with emerging markets has shown remarkable growth, with exports to ASEAN, Hong Kong, and the EU surpassing 1 trillion yuan each [14] - Dongguan's exports of electromechanical products accounted for nearly 70% of its total exports, with significant growth in markets such as Singapore, Argentina, and Ethiopia [18] - A Dongguan watch company has successfully launched a new product line that incorporates traditional Chinese elements, achieving sales in over 30 countries [15] Group 4: Sichuan Province - Sichuan's export scale exceeded 550 billion yuan, with a significant increase in the volume of goods transported via the Chengdu to Central Asia freight train [19] - The introduction of cross-border cold chain trains has enabled Sichuan apples to enter new markets in Central Asia and Europe, with a 20% increase in household income for local farmers [22][24] - Exports to Central Asia from Sichuan reached over 6 billion yuan, with a year-on-year growth of nearly 30% [25]

Core Insights - The global hand tools market is experiencing steady growth, with cross-border e-commerce becoming a significant engine for China's foreign trade transformation. The total revenue of the global DIY and hardware store market reached $285.7 billion in 2023, with the core tools category estimated at $85 billion, projected to grow at a CAGR of 2.48% in the coming years [2][3]. Company Overview - Juxing Technology, founded in 1993, has become the largest hand tools company in Asia and ranks among the top three globally. The company, headquartered in Hangzhou, offers a wide range of products including hand tools, power tools, and laser measuring tools, with sales in over 180 countries and regions. In 2024, the company achieved a revenue of 14.795 billion yuan, a year-on-year increase of 35.37%, and a net profit of 2.304 billion yuan, up 36.18%, both hitting historical highs [2][3]. Strategic Transformation - The transition from OEM to self-owned brands was driven by the need to overcome the limitations of the OEM model, which lacked pricing power. Juxing Technology recognized that to achieve sustainable growth and maximize profits, expanding into overseas markets and building its own brands was essential [5][6][14][16]. Market Insights - Juxing Technology's deep understanding of international market demands, product categories, and pricing strategies, gained from its experience as an OEM, laid a solid foundation for its subsequent research and innovation efforts. The company has made strategic acquisitions to enhance its capabilities, including acquiring stakes in laser measurement tool companies and American brands [6][10][16]. Brand Development - Since entering Amazon in 2015, Juxing Technology has accelerated its brand globalization. The company relies heavily on Amazon's logistics services, with over 90% of its goods shipped through Amazon's Global Logistics (AGL), which enhances delivery speed and reduces costs [7][9][22][23]. Product Innovation - Juxing Technology emphasizes product innovation and regional customization as core strategies. The company has over 600 engineers in China and local engineers in various countries to tailor products to local consumer preferences. Approximately 80% of its products are designed in-house, allowing for greater pricing autonomy and improved profit margins [10][11][19][20]. Future Outlook - The company plans to continue its collaboration with Amazon to leverage market data and develop products that meet consumer needs in emerging markets such as Latin America, the Middle East, and Australia. Juxing Technology believes that economic downturns can present opportunities for growth and innovation [20][21].

Core Viewpoint - The 2025 China Manufacturing Beauty (MEI Awards) annual evaluation, hosted by Focus Technology Co., Ltd. and China Manufacturing Network, showcased a record 8,540 entries, reflecting the innovative vitality and brand confidence of Chinese manufacturing [1][3]. Group 1: Event Overview - The MEI Awards have been held since 2011, aiming to "discover the beauty of manufacturing and showcase quality products," with participation from tens of thousands of manufacturing enterprises over the years [3]. - This year's evaluation involved collaboration with four universities, resulting in 660 outstanding products advancing to the final evaluation [5]. Group 2: Evaluation Process - Experts from various fields, including industrial design and manufacturing, assessed the final products based on design innovation, manufacturing processes, user experience, market value, and social benefits [5]. Group 3: Award Winners - A total of 12 gold awards, 24 silver awards, and several other awards were presented, highlighting the theme of "Intelligent Manufacturing Beauty" [7]. - Notable winners included a brushless cold-cutting saw from Hangzhou Aikuri Import and Export Co., Ltd., which reduced failure rates by over 80% and improved cut flatness by 40% [7]. - The VOYAGER-UR600 underwater robot from Hainan Voyager Technology Co., Ltd. won a gold award for its capabilities in deep-sea exploration, achieving depths over 400 meters and a three-hour endurance [7]. - In the consumer electronics category, the AI AR glasses from Shanghai Zotac Technology Co., Ltd. were recognized for their innovative solutions in product promotion and remote demonstrations [7]. Group 4: Industry Trends - Compared to previous years, the 2025 entries showed significant advancements in design, technology innovation, and manufacturing processes, indicating a shift towards more practical and core innovations in Chinese manufacturing [8]. - The awards also support the internationalization strategy of brands, allowing winners to participate in global events and use the MEI Awards logo to enhance brand value and pricing power [8]. - The 15-year journey of the MEI Awards marks a transformation in Chinese manufacturing from "mainly OEM" to "independent brands" and from "catching up" to "leading innovation" [8].

Core Insights - The article highlights the success story of Giant Star Technology, which achieved a revenue of 14.795 billion yuan and a net profit exceeding 2.3 billion yuan in 2024, primarily through the sale of hardware tools globally [5][34]. Company Overview - Giant Star Technology, founded by Qiu Jianping, specializes in manufacturing and exporting hardware tools, with over 90% of its revenue coming from international markets [5][6]. - The company has established a strong presence in over 180 countries, with significant sales in Europe and America, contributing nearly 90% of its total revenue [34]. Growth Trajectory - The company has shown remarkable growth, with a revenue increase from 1 million USD in its first year to 12.610 billion yuan in 2022, marking a continuous growth streak for 12 years [32][34]. - In 2024, the revenue breakdown shows that hand tools accounted for 68.05%, power tools for 9.72%, and industrial tools for 21.82% of total sales [35]. Market Strategy - Giant Star Technology focuses on high-quality products, emphasizing material upgrades and superior customer service, which has helped it capture a significant share of the DIY market in high-cost labor regions like Europe and America [36][38]. - The company has also adapted to market challenges, such as the recent U.S. tariffs, by planning to increase product prices rather than compromising on quality [45][46]. Social Responsibility - Qiu Jianping has committed to social causes, donating over 35 million yuan to educational initiatives, reflecting the company's ethos of giving back to society [60][62].

在苏州南岸新地的一间展厅里，来自全市各地的智能家电、五金工具、丝绸家纺等产品整齐陈列， 吸引不少海外平台采购商、本地买家前来"选货"。这里是苏州市跨境电商产业发展有限公司运营的跨境 电商选品中心，也是不少"苏州制造"走向全球的"出海第一站"。 "我们正努力构建一个完整的跨境电商生态，把平台引进来、让产品走出去。"跨境电商产业公司总 经理王元蒙介绍，作为苏州港航集团下属的全资子公司，这家成立于2024年的企业，在苏州跨境电商工 作专班的推动下，从零起步，一步步为苏州跨境电商企业打通了从平台对接、企业孵化到跨境集采的全 链路服务。 集"产品展示、政务对接、培训交流、选品服务、内销零售、直播带货"等多功能于一体的跨境电商 选品中心，自今年6月启用以来，现已汇集151家苏州企业的770余款优质产品，既为海外卖家提供"一站 式选品"服务，也让本地工厂的优质产品直面全球采购商。今年6月，选品中心开通"苏品苏货"微信小程 序线上销售功能，目前可售展品50余件，已初步形成"展示+交易"一体化服务能力。 "以前我们跑遍全国找渠道，现在坐在家门口就能对接国际平台，选品中心帮我们节省了大量时间 和成本。"首批入驻选品中心的爱优倍企 ...

Group 1 - The mechanical industry is expected to have significant investment opportunities in the technology innovation sector by 2026, with a focus on new infrastructure and applications driven by technological advancements [4][6] - The export sector faces uncertainties but is anticipated to benefit from structural opportunities as internationalization progresses and the Federal Reserve's interest rate cuts take effect [4][6] - Domestic demand is expected to stabilize, with potential for stock price rebounds as capacity clears and general enterprises transition to growth sectors [4][6] Group 2 - The AI infrastructure sector is experiencing high capital expenditure and rapid technological iterations, leading to new opportunities in the mechanical development space [4][6] - The demand for PCB and AIDC equipment is expected to continue growing due to overseas capital expenditure exceeding expectations, with a focus on domestic substitution opportunities [4][11] - The human-shaped robot industry is projected to accelerate production by 2026, with domestic companies like Yushu and Zhiyuan expected to go public and enhance their competitive edge [7][8] Group 3 - The engineering machinery sector is witnessing a significant increase in export volumes, with excavator exports rising from 34,000 units in 2020 to a peak of 109,000 units in 2022, reflecting a CAGR of 77.5% [19][21] - The internationalization of engineering machinery is expected to drive long-term profitability, with overseas gross margins typically exceeding domestic margins by 5-10 percentage points [19][23] - The fixed asset investment in railways remains high, with a 5.8% year-on-year increase, supporting new vehicle demand [24] Group 4 - The motorcycle sector is expected to capture 15-20% of the global market share for large-displacement motorcycles by 2025, driven by competitive pricing [39] - The oil service equipment sector is benefiting from high demand for natural gas compressors in the Middle East and North Asia, as well as for gas turbines in North America [41] - The general cyclical sector is expected to see a bottoming out of demand, with opportunities arising from structural changes in the market [44] Group 5 - The lithium battery equipment sector is anticipated to experience accelerated capital expenditure growth, driven by independent energy storage projects [55][58] - The solid-state battery technology is expected to create valuation elasticity in the sector, with significant advancements in production processes [58][59] - The photovoltaic equipment sector is focusing on industry recovery and the expansion of semiconductor-related business lines [60]

Core Viewpoint - A new individual business named Shuyang Yufang Lian Hardware Tools has been established, focusing on various hardware products and services [1] Company Summary - The legal representative of the newly established business is Jiang Yulian [1] - The registered capital of the company is 200,000 RMB [1] - The business scope includes internet sales (excluding licensed products), retail and wholesale of hardware products, and manufacturing of metal tools and building metal accessories [1] Industry Summary - The company is involved in multiple sectors including hardware product sales, metal tool manufacturing, and sales of electrical equipment [1] - The business also covers a wide range of activities such as the sale of fishing supplies, mechanical parts, and measuring instruments [1]