2025年，特朗普重返白宫第二年，美国对日本汽车零部件加征的关税已从2.5%跃升至15%。 这道政策高墙，不是抽象的贸易数字，而是压在成百上千家日本中小供应商肩上的真实成本。 日本经济新闻去年底发起的一项调查，把这种压力具象化了：在受关税直接影响的32家汽车零部件制造商中，仅有13家——也就是约40%——真正把额外成 本转嫁给了客户。 剩下六成企业，要么在谈判桌上陷入僵局，要么尚未行动，要么干脆放弃转嫁。 这不是一场对等的博弈，而是一场由整车厂主导、层层向下传导成本的生存游戏。 日本汽车工业的金字塔结构，向来严苛。 塔尖上站着丰田、本田、日产这些全球巨头，拥有品牌、渠道、定价权，甚至影响政策的能力。 往下一层是电装、爱信、捷太格特这类一级供应商，规模庞大，技术密集，对整车厂有一定议价空间。 再往下，是二级、三级、四级……数以万计的中小分包商。 它们不直接面对市场，只面对上一级客户。 订单来了就开工，价格压下来就接受，几乎没有说"不"的资本。 关税冲击最先砸中的，正是这些沉默的底层。 它们的利润常年在3%到5%之间挣扎，突然多出15%的出口成本，不是"能不能转嫁"的问题，而是"会不会倒闭"的问题。 但2025年 ...

中国制造业步入产业升级新阶段，考验着每家企业的变革能力。在近期公布的2025"金格奖·年度卓越公 司"榜单中，浦林成山(1809.HK)荣获"年度卓越高端制造企业"，与奇瑞汽车、赛力斯、速腾聚创、英诺 赛科、中国建筑兴业共同跻身榜单行列。 该奖项授予背后，是专业机构对浦林成山在轮胎制造领域高端化、智能化和绿色化转型成果方面的深度 认可，更彰显出这家深耕行业近半世纪的企业，已在全球轮胎市场构建领先的竞争力，其高端制造实力 正逐步转化为穿越行业周期的经营韧性与长期发展动能。 智能制造是高端制造企业的效率保障。浦林成山推进工厂的自动化、无人化、数字化、智能化建设，已 带来生产效率提升，生产端成本控制能力持续增强。 三重维度，拆解高端制造核心竞争力 站在当前时点下，高端制造的定义涵盖了以技术创新驱动产业升级，以智能制造保障效率品质，以绿色 制造契合可持续发展趋势。 技术创新是高端制造的核心竞争力。目前，浦林成山已构建包括荣成、青岛、泰国、马来西亚、欧洲研 发中心及北美技术中心在内的全球化创新网络，在研发高性能、高品质、高附加值的轮胎产品上形成技 术优势。 具体在技术成果上，浦林成山精准匹配乘用车和商用车的差异化需求。 ...

Core Insights - The Egyptian government announced the signing of contracts for three large industrial projects in Ain Sokhna, with a total investment of approximately $1.15 billion [1] Group 1: Project Details - The first contract involves the construction of a polyester fiber and polymer integrated industrial park, with an investment exceeding $800 million, expected to have an annual production capacity of 1.08 million tons and create around 3,000 direct jobs [1] - The second contract pertains to the establishment of a comprehensive industrial park for the production of heavy truck tires and passenger car tires, with an anticipated investment of $190 million, expected to generate approximately 1,400 direct jobs [1] - The third contract focuses on the construction of a sanitary products manufacturing industrial park, with an estimated investment of $160 million, projected to create about 1,000 direct jobs [1]

Core Viewpoint - The Egyptian government announced the signing of contracts for three large industrial projects in Ain Sokhna, with a total investment of approximately $1.15 billion [1] Group 1: Project Details - The first contract involves the construction of a polyester fiber and polymer integrated industrial park, with an investment exceeding $800 million, expected to have an annual production capacity of 1.08 million tons and create around 3,000 direct jobs [1] - The second contract pertains to the establishment of a comprehensive industrial park for the production of heavy truck tires and passenger car tires, with an anticipated investment of $190 million, projected to generate about 1,400 direct jobs [1] - The third contract focuses on the construction of a sanitary products manufacturing industrial park, with an estimated investment of $160 million, expected to create approximately 1,000 direct jobs [1]

长江商报消息 ●长江商报记者 黄聪 当日，森麒麟股价盘中最大跌幅达8.49%。截至收盘，公司股价报21.17元/股，下跌5.87%，公司最新市 值为219.3亿元。 对此，12月19日，森麒麟相关负责人回应称："公司摩洛哥工厂在正常生产运营中，今天尚有海外优质 客户正在摩洛哥工厂现场调研参观。对于网上恶意造谣中伤公司的不良行为，公司保留追究法律责任的 权利。" 持续全球布局的森麒麟（002984.SZ）否认市场传闻。 12月19日，有市场消息称"森麒麟摩洛哥工厂出现重大质量事故。摩洛哥工厂批量轮胎硫化失败，损失 超2000万欧元（按当前汇率计算约合人民币1.65亿元）。" 对此，森麒麟相关负责人当日回应称："公司摩洛哥工厂在正常生产运营中，今天尚有海外优质客户正 在摩洛哥工厂现场调研参观。对于网上恶意造谣中伤公司的不良行为，公司保留追究法律责任的权 利。" 在全球布局方面，森麒麟介绍，公司制定了"833plus"战略规划：计划用10年左右时间在全球布局8座数 字化智能制造基地（中国3座，泰国2座，欧洲、非洲、北美各1座）。 数据显示，2025年上半年，森麒麟国内收入占营业收入比例达8.96%，出口及境外收入占 ...

此外，Naftal计划在年内启动另一个更大规模的采购项目，总量达450万条轮胎，其中包括300万条乘用 车轮胎和150万条卡车轮胎，以进一步稳定市场供应。 根据Naftal介绍，第二阶段将通过与意大利Prometeon（倍耐力工业轮胎品牌）签署的合同，在几天 内进口约50万条卡车轮胎。Naftal CEO表示，引入国际品牌将迅速缓解国内轮胎短缺，有望令同类产品 价格下降35%至55%。相关产品将通过Naftal在全国超过2,000个销售网点进行分销。 （原标题：阿尔及利亚Naftal与德国Continental签署轮胎进口合同） 阿尔及利亚国有燃油与成品油分销公司Naftal于2025年11月17日在阿尔及尔与德国轮胎制造商 Continental（马牌）签署商业合同，首批将进口100万条乘用车轮胎，以落实政府今年8月作出的稳定轮 胎供应与价格的决策。 ...

Core Insights - The eighth China International Import Expo (CIIE) concluded on November 10, showcasing significant engagement from exhibitors and buyers, highlighting the event's practical outcomes [1] Group 1: Event Outcomes - Nearly 2000 business negotiations were held during the six-day event, with a focus on sectors such as food, agricultural products, and consumer goods [3] - A Belarusian food company representative expressed that the CIIE serves as a vital platform for business, likening it to a beautiful flower for their company [3] Group 2: Brand and Influence - The CIIE has evolved into a globally recognized brand, attracting significant attention and participation from enterprises worldwide, facilitating collaboration across the industry chain [5] - Johnson & Johnson's global senior vice president noted the CIIE's influential role in gathering global enterprises for exchange and cooperation [5] Group 3: Market Expansion - Multinational companies are leveraging the CIIE to deepen their presence in the Chinese market, with Michelin's CEO highlighting the event's role in supporting their market entry [7] - Michelin celebrated a milestone with the production of its 100 millionth passenger car tire in China, indicating the company's commitment to expanding its business in the region [7] - The CIIE has transcended its original purpose as a trade fair, becoming a powerful engine for industrial upgrades and international cooperation [7]

Core Insights - Pirelli celebrates its 20th anniversary in China, reaffirming its long-term commitment to the Chinese market and plans for continued investment [1][3] - The company has established three factories in China and employs over 5,000 people since its entry in 2005 [1] - Pirelli's sales in China are projected to account for 11% of its global total sales by 2024, highlighting the market's significance [4] Company Strategy - Pirelli views China as a strategic market, emphasizing the importance of collaboration with local automotive manufacturers to drive innovation [3][4] - The company has implemented a localization strategy, increasing its production capacity to approximately 15 million passenger car tires, with over 90% being high-value products [5] - Pirelli's Asia-Pacific R&D Innovation Center was established in Jining, reinforcing China's critical role in the company's global operations [5] Market Dynamics - China is a key high-end tire market with a current vehicle ownership of approximately 350 million, and over 21 million vehicles sold in the first eight months of 2025, with 45.5% being electric vehicles [4] - Pirelli's Cyber™ tire technology, which integrates hardware and software for real-time data transmission, is being tested by local manufacturers for application in new vehicle models [4]

Core Insights - Pirelli celebrates its 20th anniversary in China, highlighting its significant industrial presence and growth in the automotive market [1][2] - The company has established three factories in China, employing over 5,000 people, and has seen its sales in the Chinese market reach 11% of its global total by 2024 [1] - China is a key market for high-end tires and future automotive technology, with approximately 350 million vehicles and over 21 million cars sold in the first eight months of 2025, of which 45.5% are electric vehicles [1] Group 1 - Pirelli's first production base in China was established in collaboration with Huqin Group in 2005, marking the beginning of a deepening partnership [1] - The company has adopted a "localization" strategy, increasing its production capacity to approximately 15 million passenger car tires, with over 90% being high-value products, and 2 million motorcycle tires [1] - Pirelli's production facilities in China serve not only the domestic market but also the entire Asia-Pacific region [1] Group 2 - The establishment of the "Pirelli Asia-Pacific R&D Innovation Center" in Jining in 2022 reflects the importance of the Chinese market within Pirelli's global framework [2] - The R&D center collaborates closely with the Milan headquarters and integrates with Pirelli's 11 other global R&D centers, engaging in cutting-edge technology experiments with local universities [2] - All Pirelli factories in China adhere to high sustainability standards, with the Yanzhou factory recognized as a national "Green Factory" [2] Group 3 - Over the past 20 years, Pirelli has focused on technological innovation, rigorous manufacturing, and sustainable development, enhancing its local industrial layout and advancing high-end manufacturing levels [2] - The 20th anniversary celebration marks a significant milestone in Pirelli's industrial journey in China and reflects the company's steady progress in collaboration with partners [2]

Core Insights - Pirelli celebrates its 20th anniversary in China, reaffirming its long-term commitment to the Chinese market and plans for continued investment [1][4][7] - The company has established three factories in China and employs over 5,000 people since its entry in 2005 [1][4] - Pirelli's sales in China reached 11% of its global total in 2024, highlighting the market's significance [15] Company Commitment and Growth - Pirelli's CEO emphasized the importance of collaboration with Chinese automotive manufacturers to drive industry innovation [7] - The company has built a strong partnership with local entities, focusing on mutual trust and excellence over the past two decades [11] - Pirelli's production capacity in China includes approximately 15 million passenger car tires, with over 90% being high-value products [18] Technological Advancements - Pirelli is introducing its Cyber™ tire technology in China, which integrates hardware and software for enhanced vehicle performance [17] - The Cyber™ tire has been tested by local manufacturers and aims to be incorporated into new vehicle models [17] Research and Development - The establishment of the Pirelli Asia-Pacific R&D Innovation Center in Jining underscores China's strategic importance in Pirelli's global operations [21] - The R&D center collaborates with universities and integrates with Pirelli's global network of research facilities [21] Sustainability Efforts - All Pirelli factories in China adhere to high sustainability standards, with the Yanzhou factory recognized as a national "Green Factory" [23]