相关报告：智研咨询发布的《2026-2032年中国电风扇行业市场竞争态势及投资方向分析报告》 近一年中国电扇出口情况统计图 数据来源：中国海关，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 根据中国海关数据显示：2025年10月中国电扇出口数量为2809万台，同比下降14.3%，出口金额为2.51 亿美元，同比下降27.8%。 ...

数据来源：中国海关，智研咨询整理 近一年中国冰箱出口情况统计图 相关报告：智研咨询发布的《2026-2032年中国超低温冰箱行业市场深度分析及未来趋势预测报告》 根据中国海关数据显示：2025年10月中国冰箱出口数量为652万台，同比下降5.5%，出口金额为8.2亿美 元，同比下降6.7%。 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 ...

以下文章来源于界面新闻 ，作者李家琦 界面新闻 . 界面新闻是上海报业集团主管主办，中国具有影响力的原创财经新媒体，只服务于独立思考的人群 11月21日，界面新闻获悉，美的近期不再允许售后服务商同时接小米或格力的业务合作，该政策由中国区经各区域负责人单独向合作商传 达， 涉及小米、格力等其他品牌的空调售后及安装维修。 对此消息，美的公关回应称不清楚此事。 多位小米经销商对界面新闻确认了此事。经销商们表示，空调售后主要是安装，小米目前有送装一体和先送后装两种选择，让售后服务 商"二选一" 会减少小米对线下服务商的绑定， 仍有第三方合作商可以选择，只要不乱收费不会对空调服务有太大影响。 一位美的中国区员工告诉界面新闻，此次政策主要针对的是小米，今年小米空调的大卖让美的感受到了威胁，10月份下发了该通知。 区别于汽车、3C行业，美的格力等传统家电厂商在市场份额上有接近"垄断性"优势，这也就意味着美的、格力对售后商有足够的影响力， 目前其所在区域的头部几家合作商都已经结束了和小米的合作。 在该员工看来，对于家电售后体系尚不成熟的小米而言，此举是"打在了七寸上"，小米大家电当下的关键是如何在快速爆量之前搭建好专业 的售 ...

Core Viewpoint - The company, Lek Electric (603355.SH), has completed several fundraising projects aimed at enhancing production capacity for key components in the electric vehicle, 5G communication, and industrial automation sectors, as well as expanding its small home appliance production and upgrading its digital factory technology [1] Group 1: Fundraising Projects - The completed fundraising projects include the construction of a new facility with an annual production capacity of 80 million units for electric vehicles, 5G communication devices, and industrial automation components [1] - An expansion project has been completed to increase the annual production of environmentally friendly and health-oriented small home appliances by 1.25 million units [1] - The company has also undertaken a technology upgrade project for its smart digital factory [1] Group 2: Fund Allocation - The company plans to permanently allocate surplus fundraising funds amounting to 223.205 million yuan (including net financial income and bank deposit interest of 12.1123 million yuan) to supplement its working capital [1] - This allocation aims to enhance the efficiency of fundraising utilization and support the company's daily operations and business development [1]

Core Viewpoint - The company, Lek Electric (603355.SH), has completed several fundraising projects aimed at enhancing production capacity for key components in the electric vehicle, 5G communication, and industrial automation sectors, as well as expanding its small home appliance production and upgrading its digital factory technology [1] Summary by Categories Fundraising Projects - The completed fundraising projects include: - An annual production capacity of 80 million units for key components in the electric vehicle, 5G communication, and industrial automation industries [1] - An expansion project for producing 1.25 million units of environmentally friendly and health-oriented small home appliances [1] - A technology upgrade project for a smart digital factory [1] Fund Allocation - The company plans to permanently allocate surplus fundraising funds amounting to 223.205 million yuan (including net financial income and bank deposit interest of 12.1123 million yuan) to supplement working capital [1] - This allocation aims to enhance the efficiency of fund utilization and support the company's daily operations and business development [1]

特别声明：以上文章内容仅代表作者本人观点，不代表新浪网观点或立场。如有关于作品内容、版权或其它问 题请于作品发表后的30日内与新浪网联系。 董明珠再谈玫瑰空调：还没有人将空调打造成艺术品，已在部分酒店投入使用，最高售价32999元 【 齐 鲁晚报·齐鲁壹点旗下短视频产品 】 ...

在主旨演讲环节，董明珠围绕制造业发展与企业责任进行分享。她说道："税收是检验企业价值的首要 指标。"格力电器累计纳税突破2000亿元，从早期每年纳税不足10亿，到2024年的168.67亿，这一跨越 式增长的纳税金额是企业社会价值不断壮大的象征。在董明珠看来，这一成就源于格力坚定不移地走自 主创新之路，将关键核心技术牢牢掌握在自己手中，深刻践行"真学真懂真信真用"。 作为大湾区企业，董明珠表示格力电器将积极响应"十五五"规划与大湾区发展规划，担起更多责 任。"企业就像人体的细胞，企业越健康，国家就越强大。"她呼吁每一个企业都要努力做一个健康 的"细胞"，秉持"利他"思想，用心干实事，以健康的企业发展助力国家强大。（董明珠自媒体） 【#董明珠称企业就像人体细胞##董明珠称企业健康国家就强大#】11月18日，第二十届中国经济论坛在 广州南沙举行。本届论坛聚焦"中国式现代化与'十五五'中国经济展望"，汇聚了国家部委领导、权威学 者与优秀企业家代表，共商高质量发展新蓝图。格力电器董事长@董明珠自媒体 受邀出席，并发表主 旨演讲。 ...

36氪获悉，11月18日，在广州南沙举行的第二十届中国经济论坛上，格力电器董事长董明珠回应近期热 议的玫瑰空调时称，这是格力的一次创新尝试。爱企查App显示，珠海格力电器股份有限公司已申请注 册"格力玫瑰""金玫瑰""全能王-玫瑰"商标，国际分类为灯具空调，目前上述商标部分已注册成功。 ...

这一转变的核心逻辑在于资本的价值发现功能。 当A股市场因投资者情绪或流动性因素导致估值偏离基本面，股价估值明显低于内在价值时，国际资本 与长期资金却能够认识到上市公司的发展潜力，并通过港股市场进行买入并持有，从而推动估值回归理 性。 对比去年同期来看，AH股溢价出现明显收窄，目前也有宁德时代、招商银行、恒瑞医药、美的集团等 多股出现了AH股溢价倒挂的现象，这是中国优质资产受到国际资本青睐的结果，同时也是南向资金的 理性选择。未来不排除有更多两地上市公司的港股股价超越A股的可能。 过去，AH股溢价长期存在，主要源于两地市场流动性差异、投资者结构分化等原因。A股市场以散户 为主，流动性充沛且风险偏好较高，推动估值中枢上移；而港股市场机构投资者占比更高，定价更趋理 性，于是H股估值通常都会较A股更低。然而，这一格局在今年发生了显著变化：国际资本对中国优质 资产的配置需求上升，叠加南向资金持续流入，港股市场的流动性与估值水平逐渐提升，部分上市公司 的H股股价开始反超A股股价。 AH股溢价倒挂的直接原因是国际资本的重点青睐。随着全球资产配置向新兴市场倾斜，中国优质资产 因其稳定的基本面与成长性成为重点买入对象。外资机构 ...

Core Viewpoint - The narrowing of the AH share premium indicates a shift in investor perception and highlights the increasing preference of international capital for high-quality Chinese assets, leading to the possibility of H-shares surpassing A-shares in price in the future [1][2][3] Group 1: Market Dynamics - The AH share premium has significantly narrowed compared to the same period last year, with companies like CATL, China Merchants Bank, and Midea Group showing instances of H-share prices exceeding A-share prices [1] - Historically, the AH share premium existed due to differences in market liquidity and investor structure, with A-shares being dominated by retail investors and H-shares by institutional investors [1][2] - The current shift is driven by increased international capital allocation towards high-quality Chinese assets and sustained inflows of southbound funds, enhancing the liquidity and valuation levels of the Hong Kong market [1][2] Group 2: Investment Trends - The direct cause of the AH share premium inversion is the strong preference of international capital for Chinese assets, which are recognized for their stable fundamentals and growth potential [2] - Long-term investors, such as domestic insurance and public funds, are focusing on companies' dividend capabilities and long-term growth potential, further compressing the AH premium [2] - The premium inversion phenomenon is concentrated among two types of companies: industry leaders with global competitiveness and stable, low-volatility assets, which are the main targets for value investment [2] Group 3: Future Outlook - The current narrowing of the AH share premium may be just the beginning of a broader change in investor recognition, with expectations of more H-shares surpassing A-shares in price as market connectivity improves [3] - Two significant changes are anticipated: the integration of valuation systems, leading A-shares to adopt a more rational pricing style akin to H-shares, and an optimization of the investor structure with a higher proportion of institutional investors [3] - Ultimately, as investor rationality increases and company valuations align, the prices of A-shares and H-shares should converge, achieving a state of equal pricing and rights [3]