内容概要：中国作为全球最大的汽车市场之一，汽车保有量的不断增加以及环保法规的日益严格，为汽 车尾气净化器市场带来了巨大的需求。同时，新能源汽车的快速发展也为汽车尾气净化器行业带来了新 的机遇。虽然电动汽车本身不产生尾气，但混合动力汽车及内燃机辅助系统仍需要高效的尾气净化解决 方案，这促使汽车尾气净化器行业向多元化技术路线发展。近年来，我国汽车尾气净化器市场规模持续 增加，2024年中国汽车尾气净化器市场规模为797.4亿元，同比上涨5.02%。预计未来五年，随着汽车销 量的不断提升和环保法规的日益严格，汽车尾气净化器市场的规模将进一步扩大。 相关上市企业：贵研铂业（600459）、陕西瑞科（430428）、艾可蓝（300816）、奥福科技 （688021）、威孚高科（000581）、中自科技（688737）、凯龙高科（300912）、长安汽车 （000625）、上汽集团（600104）、广汽集团（601238）等。 相关企业：无锡威孚力达催化净化器有限责任公司、重庆海特汽车排气系统有限公司、苏州市英思特汽 车科技有限公司、南京英斯威尔环保科技有限公司、浙江三元龙兴科技股份有限公司、山东科远汽车尾 气净化系统有 ...

Core Viewpoint - The company, Chongqing Huihu Catalyst Co., Ltd., is a national-level specialized and innovative "little giant" enterprise focusing on the research, production, and sales of automotive and motorcycle three-way catalytic converters, emphasizing technological innovation and digital transformation to enhance its core competitiveness [1][2]. Group 1: Company Overview - Chongqing Huihu Catalyst Co., Ltd. produces over 2,000 sets of three-way catalytic converters daily, which are sent to vehicle manufacturers for assembly [1]. - The company has been established since 2006 and has consistently focused on the field of vehicle exhaust purification [1]. - The company has developed a strong capability in the overall design and manufacturing of high-performance three-way catalytic converters, leading the industry [1]. Group 2: Technological Advancements - The company established a technology center in 2012, forming a research team of over 30 people and acquiring more than 60 sets of research and development equipment for automotive and motorcycle catalysts [2]. - Key technologies developed include low-temperature ignition catalysts, long service life catalysts, and low noble metal catalysts that can purify approximately 95% of engine emissions, helping domestic micro gasoline vehicles meet the National VI emission standards [2][3]. - The company has obtained over 30 authorized patents and developed more than 70 new products in the past three years, covering automotive, motorcycle, and general machinery catalyst product lines [3]. Group 3: Production and Efficiency - The company has implemented smart upgrades and digital transformation, achieving an automation rate of over 95% in its production lines, with real-time monitoring of all processes [3]. - The annual production capacity exceeds 2 million sets of various catalytic products, with overall production efficiency improved by 67% and operating costs reduced by 19% [3]. Group 4: Future Outlook - The company aims to align with the National VII emission standards and will continue to increase research and development investments to upgrade core technologies, product structures, and customer services [3].

"存在担忧，"印度商务和工业部长皮尤什·戈亚尔6月10日在接受媒体采访时表示，在接到国内公司关于稀土储备即将耗尽的申诉后，已经迅速作出反 应："我们的大使馆正在与他们（中国）对话……商务和工业部也在努力。" 在访谈中戈亚尔对记者承认，中方停止向印出口稀土永磁体将会影响到整个印度的制造业，"尤其是我们的汽车行业"。而为了缓解焦虑，这位部长宣称， 目前一些公司已提交了稀土出口许可申请，"我们希望（中方的）理智会占据上风，他们（印度企业）能获得稀土出口的许可"。 图|印度商务和工业部长皮尤什·戈亚尔。在该访谈的后续，这位老哥还对中国放了一堆狠话。"三哥"最有趣的一点在于，别人是一掐脖子就翻白眼，手一 松就吹牛。但"三哥"被掐住了脖子，还能翻着白眼继续吹牛皮这也着实是能耐 近期，随着我国建立并启动了稀土产品信息追踪系统，相关影响迅速波及全球。该管制措施作为我们保障自身安全，乃至于维护全球和平的重要举措，已 在极短的时间内被证明是积极而且有效的。 一个显而易见的事实在于，即使公认"输阵不输嘴"、空战被打了个六比零还能硬派出宣讲团去全球吹嘘"胜利"的印度，现在也不得不公开承认所面临的困 境，并主动前来协调出路。 关于这些 ...

二 〇 二 五 年 度 二 〇 二 五 年 度 2025 年 5 月 26 日 中国铂钯供应格局全梳理：原生供给受限，催废 回收想象空间较大 ——铂钯行业研究系列报告："铂"取大势，"钯"握微末（八） 刘雨萱 期货投资咨询从业资格号：Z0020476 liuyuxuan@gtht.com 季先飞 期货投资咨询从业资格号：Z0012691 jixianfei@gtht.com 报告导读： 中国铂钯供应可以拆分为国内矿端、进口端、国内再生供给等三大来源。其中进口+再生贡献主要增量，国 内矿端体量相对较小。我们将围绕国内矿端增产动能、全球铂钯供应收紧影响、再生供应释放潜力等三大维度来 展开本篇报告。 国内矿端：我们认为 2025 年或有增产但对边际扰动有限，长期可以跟踪金川集团、紫金矿业在南非的铂矿 布局；进口端：我国以南非、俄罗斯为主要进口国。预计 2025 年南非铂矿厂商小幅减产，俄罗斯供给基本持平。 同时由于俄乌冲突，西方国家对俄罗斯铂钯出口存在制裁，所以预计 2025 年俄罗斯对华铂钯依然存在倾斜性出 口且为较低价，从而实质性对冲南非减产对我国进口端的约束。所以综合看，我国进口端供给限制不大；再生供 给端： ...

Group 1 - The dimensions of a vehicle, including length, width, and height, are typically measured in millimeters (mm) [3] - The wheelbase is the distance between the center points of the front and rear wheels, also measured in millimeters (mm), and is crucial for determining interior space [4] - Ground clearance refers to the minimum distance between the vehicle's lowest point and the ground, measured in millimeters (mm), affecting the vehicle's off-road capability [5] Group 2 - The approach angle indicates the maximum angle at which a vehicle can approach an obstacle without colliding, measured in degrees [7] - The departure angle measures the maximum angle at which a vehicle can leave an obstacle without colliding, also measured in degrees [7] - The breakover angle is the angle formed by the vehicle's front and rear wheels when crossing an obstacle, indicating the vehicle's ability to navigate uneven terrain [7] Group 3 - Floating calipers have a single-sided piston structure, allowing the caliper body to move during braking, which enhances braking efficiency [10] - Fixed calipers have identical pistons on both sides of the brake disc, providing immediate braking response without lateral movement [12] Group 4 - The wind resistance coefficient describes the aerodynamic drag a vehicle experiences while in motion, with a lower coefficient indicating better aerodynamic efficiency [16] - The turning radius is the radius of the outer wheel's path when the steering wheel is turned to its limit, measured in meters (m), indicating the vehicle's maneuverability [17] Group 5 - Engine displacement refers to the total volume of all cylinders in an engine, typically measured in liters, with larger displacements generally providing better power but higher fuel consumption [19] - Torque is the average rotational force output from the engine, influencing acceleration and towing capacity [25] - The compression ratio indicates the degree to which the air-fuel mixture is compressed in the engine, with higher ratios generally leading to better performance [26]