高市早苗这位被日本右翼视为希望之光的政客，恐怕即将黯然退场。2026年刚刚开始，关于她撑不到年底的传闻就像一把寒冷的冬日火焰，迅速蔓延至东亚 政坛。高市早苗的下台似乎已成定局，现在的焦点问题就是她究竟如何退出政治舞台。2025年11月，来自中国海关的权威数据显示，中国对日本出口的稀土 磁铁达到304吨，同比增长了约34%，创下全年新高，而与此同时，中国对美国的同类出口量却出现下降。 关键在于上瘾，中国提供的是民用轻稀土，不涉及到军事相关的重稀土。日本的企业看到政策逐渐收紧，急于囤积稀土，以为自己占了便宜，但实际上，他 们已经掉入了中国精心设下的陷阱。稀土是一种你无法割舍的资源，哪怕是再高调的反华言论，一旦缺少了稀土，新能源电动车、军事雷达、导弹制导系统 等高科技产业都会停滞不前。届时，高市将如何继续推动她所谓的强硬路线？ 这一升一降，背后蕴含的战略含义不言自明。这不仅仅是一次普通的贸易波动，更是一场充满战略布局的稀土博弈。日本一方面不断挑起事端，口口声声说 着要实现稀土去中国化，并大肆传播反华言论；另一方面，日本的企业却低头抢购稀土磁铁，几乎以低价将它们运往日本的工厂。看似矛盾的局面，其实背 后有着明确的逻辑 ...

走进贵港市万吉电子有限公司生产车间，只见工人正熟练地操作控制系统，让裁边机、钻孔机、磨 板机等自动化设备高效运转。一块块覆铜板经线路设计、布线及20余道工序加工，最终成型为电路板产 品。"我们是首家落户贵港的PCB（印制电路板）企业，在政府的支持下，仅用9个月就完成从签约到投 产的全流程，2024年实现产值5000万元，2025年预计产值可翻番。"公司董事长刘斌说。 在发展"人工智能+制造"的同时，贵港市持续优化产业结构，推动新兴产业"育苗成大树"，引进了 PCB电子电路产业，规划建设贵港市电子电路产业园，其中牛河园已开园、鲤江园开工建设，进驻企业 26家，新一代信息技术、新材料、生物医药、新能源及储能等新兴产业发展有声有色；加快传统产 业"老树发新芽"，2023年以来，累计实施"双百双新"项目53个、"千企技改"项目188个，推动广业贵 糖、爱玛车业等企业实施智能化改造和数字化转型，新增自治区级数字化车间7家，为工业发展注入新 动能。 机械手自动抓取原料、注塑成型后，直接进入智能检测环节。广西贵港雅达科技有限公司的数字化 车间内，几十条注塑生产线正以全流程自动化模式高速运转，每月生产1000多万件手机充电器 ...

Group 1 - The core point of the news is that Guangzhou Chuangyu Mingchen Equity Investment Fund and other related funds plan to reduce their holdings in Lvtong Technology by up to approximately 5.65 million shares, which is about 4% of the company's total share capital [1] - The reduction will occur through two methods: a maximum of approximately 1.41 million shares (1% of total share capital) through centralized bidding and up to approximately 4.24 million shares (3% of total share capital) through block trading, with specific restrictions on the number of shares sold within a 30-day period [1] - Lvtong Technology's revenue composition for the first half of 2025 indicates that 99.67% of its revenue comes from electric vehicles, while other businesses contribute only 0.33% [1] Group 2 - As of the report, Lvtong Technology has a market capitalization of 4.1 billion yuan [2]

格隆汇12月1日丨绿通科技(301322.SZ)公布，合计持有广东绿通新能源电动车科技股份有限公司股份 14,600,787股（占公司总股本的10.33%）的股东广州创钰铭晨股权投资基金企业（有限合伙）、广州创 钰铭恒股权投资基金企业（有限合伙）、珠海创钰铭汇股权投资基金企业（有限合伙）、广州创钰凯越 创业投资基金合伙企业（有限合伙）、珠海创钰铭泰股权投资基金企业（有限合伙）（分别简称"创钰 铭晨"、"创钰铭恒"、"创钰铭汇"、"创钰凯越"、"创钰铭泰"，合称"本次减持主体"）计划在自本减持计 划公告之日起15个交易日后的3个月内以集中竞价方式和大宗交易方式合计减持公司股份不超过 5,651,400股，合计不超过公司总股本的4.00%。其中：通过集中竞价方式减持不超过1,412,800股，不超 过公司总股本的1.00%；通过大宗交易方式减持不超过4,238,600股，不超过公司总股本的3.00%，且任 意连续三十个自然日内不超过公司总股本的2.00%。本次减持主体互为一致行动人，且均系已通过中国 证券投资基金业协会备案的创业投资基金。 ...

Core Viewpoint - Dongguan, known as the "Manufacturing City," has maintained a leading position in foreign trade growth among China's trillion-yuan cities since 2025, with a significant increase in trade value and diversification of markets [1][3][4]. Trade Performance - In the first ten months of 2025, Dongguan's total foreign trade value reached 1.3 trillion yuan, marking a year-on-year growth of 14.7%, surpassing the national growth rate of 11.1% [3]. - Dongguan's imports and exports continued to grow by 17.3% in October 2025, maintaining a growth streak for 19 consecutive months [4]. - The city has expanded its trade network globally, with emerging markets becoming the core engine for foreign trade growth, particularly with ASEAN, where trade increased by over 30% [4][6]. Market Diversification - Dongguan has achieved a dual-driven growth model, with traditional markets like the EU showing a steady growth of around 10%, effectively mitigating risks from market fluctuations [6][8]. - The number of foreign trade enterprises in Dongguan reached 26,000, with private enterprises accounting for 21,000, contributing over 60% of the total trade value and experiencing a year-on-year growth of 21.6% [11]. Product Innovation - Dongguan is home to approximately 4,000 toy companies, with nearly 85% of China's trendy toys produced there, showcasing the city's strength in the toy export market [13][21]. - A toy company has successfully integrated cultural elements into their products, such as the "Dream Eater" plush toy, which combines traditional Chinese mythology with modern design, appealing to global consumers [15][17][19]. Manufacturing Advancements - Dongguan's small appliance industry is significant, with traditional products like hair dryers being innovated through the use of high-speed motors, achieving a rotation speed of 110,000 RPM, which enhances performance while reducing costs [22][25]. - The concept of "Manufacturing Aesthetics" has been introduced, redefining industrial manufacturing with a focus on design and user experience [24]. Market Expansion Strategies - Companies are actively customizing products to meet the diverse needs of different markets, such as electric vehicles designed for agricultural use, which have expanded their applications beyond traditional settings [28][29]. - A company specializing in electric vehicles has successfully sold products to 180 countries, demonstrating the global potential of "Dongguan manufacturing" [29].

Group 1: Financial Performance - The company's total assets increased from 3.12 billion to 4.023 billion by September 30, 2025, reflecting a significant growth of approximately 29% [6] - Contract liabilities surged from 20.41 million to 298.8 million, marking an increase of about 1363% [6] - Basic earnings per share rose from 0.33 to 0.5, indicating a growth of approximately 51.5% [6] - Total revenue per share increased from 2.6257 to 4.1474, representing a growth of around 58% [6] Group 2: Acquisition and Integration - The acquisition of Jiangsu Damo Semiconductor was completed in September 2025, leading to the consolidation of its financials into the company's reports [6] - The increase in inventory and total assets is primarily due to the inclusion of Damo Semiconductor's equipment and parts stock [6] - The rise in contract liabilities is attributed to the pre-received technical service fees and equipment advance payments from Damo Semiconductor [6] Group 3: Market Strategy and Diversification - The company's revenue from the U.S. market has decreased to below 10% as of September 2025, indicating a strategic shift towards market diversification [5] - Efforts are being made to expand into Southeast Asia, the Middle East, and domestic markets to mitigate reliance on the U.S. market [5] - The company is actively enhancing its investor relations and communication with professional investment institutions to improve market perception and company value [5] Group 4: Future Outlook and Investor Relations - The company plans to strengthen its core business and improve profitability to support stock price recovery [4] - A stock repurchase plan has been initiated, with the first two phases completed and shares already canceled [4] - The company is committed to timely disclosures regarding any significant developments, particularly related to the acquisition and market performance [4]

Group 1 - The core viewpoint of the articles highlights the significant development opportunities for Guigang City due to the accelerated construction of the Pinglu Canal Economic Belt, focusing on high-quality industrial transformation and upgrading [1] - Guigang City aims to implement a three-year action plan for industrial transformation, targeting the establishment of a "6+5" industrial system, which includes six major industrial clusters and five characteristic industries [1] - In the first half of 2023, Guigang's industrial output value increased by 7.7%, and the added value of industrial enterprises rose by 9.7%, with manufacturing investment growing by 13.3%, all surpassing national and regional growth rates [1] Group 2 - Guigang City has signed 26 new artificial intelligence projects in 2023, with a total investment of 13.34 billion, and established seven new autonomous factories, enhancing the integration of technology and industry [2] - The city is optimizing its industrial structure by introducing new industries such as PCB electronics and implementing numerous projects aimed at upgrading traditional industries, with 53 "Double Hundred and Double New" projects and 188 "Thousand Enterprises Technology Reform" projects [2] - Guigang has one industrial cluster exceeding 50 billion and four clusters exceeding 10 billion, with several recognized as national and regional advanced manufacturing clusters [2] Group 3 - The city is enhancing its development environment by streamlining administrative processes, reducing processing times by 65%, cutting steps by 71%, and minimizing application materials by 70% [3] - Guigang has introduced 428 industrial projects in 2023, with a total contractual investment of 202 billion, demonstrating a strong commitment to fostering industrial growth [3]

Core Viewpoint - Guangxi Guigang is accelerating the construction of a modern manufacturing base aimed at the ASEAN market, establishing itself as a significant player in the electric vehicle production sector and the paper industry [1][3]. Group 1: Industrial Development - Guigang is building a "6+5" industrial system focusing on six major industrial clusters: green chemicals, wood and home furnishings, grain and oil processing, metallurgy and building materials, energy and electricity, and modern paper industry [1][3]. - The city is also promoting five characteristic industries: new energy electric vehicles, textiles and clothing, shipbuilding, electronic information, and biomedicine [1][3]. Group 2: Investment and Economic Growth - In recent years, Guigang has attracted over 20 billion RMB in investments from various projects, including 10 billion RMB for green chemicals and 13.7 billion RMB for paper production [1][3]. - Two industrial clusters have been recognized as national characteristic industrial clusters for small and medium-sized enterprises, while three have been awarded as advanced manufacturing clusters in Guangxi [1][3]. Group 3: Electric Vehicle Production - Guigang is advancing the construction of a China-ASEAN new energy electric vehicle production base, with 17 existing vehicle manufacturers and over 100 supporting enterprises [1][3]. - The annual production capacity includes 5 million two-wheeled electric vehicles, 500,000 three-wheeled electric vehicles, and 5 million sets of components [1][3]. - From January to July, Guigang produced 2.52 million vehicles, with the electric vehicle industry's output value increasing by 68.7% year-on-year and export value of complete vehicles and components rising by 52.6% [1][3].

Group 1: Acquisition Strategy - The acquisition of Damo Semiconductor is a key strategic move for the company to explore new growth avenues and address challenges in its main business due to market competition and global trade tensions [3][4] - The acquisition aligns with the company's goal to enter the semiconductor front-end measurement equipment sector, which is expected to provide a sustainable growth path [3][4] Group 2: Financial Performance of Damo Semiconductor - Damo Semiconductor's revenue grew from CNY 191.0 million in 2022 to CNY 277.9 million in 2024, with a compound annual growth rate (CAGR) of 20.62% [4] - Net profit increased from CNY 47.7 million in 2022 to CNY 64.9 million in 2024, achieving a CAGR of 16.62% [4] Group 3: Investment and Stock Purchase - 36% of the transaction price will be used to purchase the company's stock from the secondary market, aimed at aligning the interests of the stock transfer party with the long-term goals of the company [5] - This arrangement is designed to incentivize the performance of Damo Semiconductor, thereby supporting the overall growth and stability of the company's market value [5] Group 4: Competitive Advantages - Damo Semiconductor offers significant price advantages with its repair equipment, which is priced lower than new equipment, reducing customer procurement costs [6] - The company boasts efficient delivery capabilities, providing shorter lead times compared to international brands [6] - Reliable operational and maintenance services ensure long-term stable operation of equipment, maximizing production line efficiency for clients [6][7] Group 5: Maintenance and Technical Services - Damo Semiconductor provides comprehensive maintenance services, including preventive maintenance, fault diagnosis, and performance optimization, ensuring equipment stability and enhancing client production efficiency [7] - The company has established competitive barriers in maintenance services through technical talent, spare parts supply chains, and customer resources [8] Group 6: Future Development Plans - Damo Semiconductor plans to expand its maintenance services in the mature process market while also targeting advanced processes to support domestic key clients facing challenges in obtaining original factory support [9] - The company aims to increase its market share in maintenance services for existing clients, leveraging its established relationships [9] Group 7: Main Business Focus - The company is enhancing its marketing efforts in non-U.S. markets, which now account for 85.37% of its sales, while optimizing its domestic marketing network [12] - New product development, including electric all-terrain vehicles and cleaning vehicles, is being accelerated to improve competitiveness [12]

Group 1 - The core focus is on the development of modern industries and the promotion of rural revitalization to achieve high-quality economic and social development in Guigang [1][3] - Emphasis on enhancing research and development efforts in traditional industries, leveraging artificial intelligence to reduce costs and increase efficiency, and improving product value and core competitiveness [2][3] - The importance of optimizing the business environment and facilitating enterprise support to promote the development of the real economy is highlighted [2][3] Group 2 - Guigang's economy has shown a positive trend in the first half of the year, achieving "double over half" growth, which is recognized as a significant accomplishment [3] - The need for comprehensive management of environmental issues, including heavy metal pollution and livestock waste, is stressed to ensure ecological safety [3] - The local government is encouraged to focus on urban development and rural revitalization, fostering new economic growth points and development momentum [3]