新华社北京8月27日电 《经济参考报》8月27日刊发记者邓林如采写的文章《一度电蕴藏绿意 一张签见 证实力——"碳身份证"助力浙企出海》。文章称，扫一扫产品标签，就能知道它"出生"时用了多"绿"的 电。近日，在浙江哈尔斯公司的出口车间，一批计划发往德国的保温杯将贴上这样的"碳身份证"，拿出 手机一扫，产品碳足迹和生产工艺的实时碳排一目了然。 从国网金华供电公司获悉，这套首创的分时分区电碳因子核算平台正在帮助金华外贸企业应对即将实施 的欧盟碳关税。 哈尔斯真空器皿有限公司副总经理姚铁军手中的保温杯标签显示，杯体抛光工序在中午光伏发电高峰期 生产，单件碳排降低27%，仅靠这一项企业全年就能省下电费超100万元。 供电公司员工为当地规上企业开展上门能效服务，助力企业降碳增效（项与翕 摄） 在浙江八达电子仪表有限公司的电能表智能生产车间，32台安装了新型电碳管理终端的设备如同"碳显 微镜"实时跳动显示着关键数据：当前市电电碳因子、厂区屋顶光伏发电量及对应碳排量、各产线乃至 单台设备的实时能耗与碳排放。 "看这里。"八达仪表总经理单卡迪指向一块屏幕说，"4月15日中午12点，阳光充足，我们优先用自建光 伏供电，生产一只 ...

在股东回报方面，公司于2025年上半年完成了2024年年度权益分派，累计派发现金红利约1.16亿元，切 实回报投资者。控股股东一致行动人也实施了股份增持，彰显对公司未来发展的信心。 未来，公司将继续围绕"全球领先的中国杯壶专家"战略定位，深化OEM与自有品牌双轨发展，强化全 球供应链布局与数字化运营，推动公司实现高质量可持续发展。 上半年，公司海外业务表现亮眼，境外收入同比增长14.14%，占整体营收比重达86.91%。泰国生产基 地一期已全面投产，二期建设稳步推进，有效支撑海外订单交付与供应链本地化战略。 公司在研发方面持续投入，报告期内研发费用同比增长24.09%，推动产品智能化、轻量化与材料创 新，多项新品荣获行业奖项。同时，公司积极推进2023年度向特定对象发行A股股票事项，目前已通过 深交所审核，正等待证监会注册批复。 中证报中证网讯（王珞）8月26日，哈尔斯（002615）披露2025年半年度报告。报告显示，公司上半年 实现营业收入15.71亿元，同比增长12.83%，继续保持稳健增长态势。 公司主营业务聚焦不锈钢真空器皿的研发、制造与销售，涵盖保温杯、保温壶、智能杯等多类产品，旗 下拥有"哈尔斯 ...

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Group 1 - The core issue is the struggle of physical retail businesses in the post-pandemic era, with many restaurants and shops facing reduced customer traffic and some closing down [1][3] - A growing debate has emerged around the idea of stopping food delivery and e-commerce to revive physical stores, highlighting the complexity of the issue which affects millions of livelihoods and daily lives [3][10] - The existence of food delivery services has become a necessity for many, with 520 million users in China, predominantly young professionals who rely on it to balance work and life [4][6] Group 2 - E-commerce has transformed daily life, with over 100 million users aged 60 and above, and 72% of them finding online shopping significantly convenient [6][7] - The price advantage of e-commerce over physical stores is notable, with some products being 30% cheaper online, which is crucial for families facing rising living costs [7][14] - The delivery and e-commerce sectors employ over 150 million people, making them a vital part of the economy and a significant source of income for many families [8][9] Group 3 - Many physical stores view food delivery and e-commerce as lifelines rather than competitors, with 82% of surviving restaurants offering delivery services [13][14] - The real challenges for physical retail include shrinking consumer demand, intense competition, and rising operational costs, which are exacerbated by the presence of delivery and e-commerce [14][15] - Solutions for revitalizing physical retail include reducing operational costs, encouraging differentiated competition, and enhancing consumer experiences [16][17][18] Group 4 - The essence of a vibrant commercial atmosphere lies in the connections between people and the cultural fit of business models, rather than merely forcing consumers to shop in physical stores [16][18] - The evolution of commercial forms is inevitable, and the focus should be on creating new vitality in the market rather than longing for past shopping experiences [18]

Group 1: Cross-Border E-Commerce Growth - In the first half of the year, China's cross-border e-commerce imports and exports reached approximately 1.32 trillion yuan, a year-on-year increase of 5.7% [1] - Exports accounted for about 1.03 trillion yuan, growing by 4.7%, while imports were around 291.1 billion yuan, increasing by 9.3% [1] - Despite a slowdown compared to the 10.5% growth rate expected for the first half of 2024, the current growth reflects the resilience and development potential of China's cross-border e-commerce industry [1] Group 2: Market Diversification Strategies - Cross-border e-commerce companies are adopting diversified market strategies to maintain growth amid changing external conditions [2] - Companies are increasingly focusing on emerging markets, with significant traffic growth reported in regions such as the Middle East, Latin America, Africa, Europe, and South Asia, all exceeding 40% year-on-year [2] - In May, traffic from the Middle East surged by 59%, while Africa and Latin America also saw increases of over 50% [2] Group 3: Emerging Market Opportunities - Many foreign trade companies have successfully tapped into emerging markets, with notable examples including Shanghai Kairui Industrial Co., which secured a large order from Sweden [3] - Data from the Global Trade and Industry Growth Laboratory indicates that China's B2C cross-border e-commerce exports to ASEAN grew by 75%, and exports to Russia increased by 146.9% [3] - Among the top ten trading partners, eight maintained year-on-year growth, with ASEAN leading in both export scale and growth rate at 338% [3] Group 4: Transition to Agile Models - China's cross-border e-commerce is shifting focus to meet domestic consumption upgrade demands and enhance consumer experience [4] - The sector is advised to expand into emerging markets, optimize supply chains, and increase product value to mitigate risks and enhance competitiveness [4] - Experts suggest that companies should prioritize quality growth, focusing on profit margins, product premium capabilities, and brand value rather than merely scaling up [4][5] Group 5: Compliance and Integration - As cross-border e-commerce's global influence grows, Chinese companies need to improve compliance with product standards, trade rules, and competition policies [5] - There is a call for better integration between cross-border e-commerce and supply chains, transitioning from traditional order production to agile, small-batch models [5] - This shift aims to promote synergy between traditional foreign trade enterprises and cross-border e-commerce, facilitating the development of suitable products and manufacturers [5]

Group 1: Cross-Border E-Commerce Growth - In the first half of the year, China's cross-border e-commerce imports and exports reached approximately 1.32 trillion yuan, a year-on-year increase of 5.7% [1] - Exports accounted for about 1.03 trillion yuan, growing by 4.7%, while imports were around 291.1 billion yuan, increasing by 9.3% [1] - The number of newly registered cross-border e-commerce companies surged to 5,080 in the first four months, marking a year-on-year increase of 173.24% [1] Group 2: Emerging Market Opportunities - Cross-border e-commerce companies are diversifying their market strategies to adapt to changes, with significant growth observed in emerging markets [2] - In the first five months, traffic growth in regions such as the Middle East, Latin America, Africa, Europe, and South Asia exceeded 40%, with the Middle East showing a remarkable 59% increase in May [2] - Chinese B2C cross-border e-commerce exports to ASEAN grew by 75%, while exports to Russia surged by 146.9% [3] Group 3: Technological Integration in E-Commerce - Advanced technologies like AI and big data are transforming the entire cross-border e-commerce supply chain, enhancing market insights and customer interactions [4] - AI-driven tools are improving operational efficiency, with AI inquiry systems increasing conversion rates by 30% and AI customer service enhancing order completion rates by over 30% [5] - During the 618 shopping festival, JD Global Sales saw a 239% year-on-year increase in order volume, driven by digital technology optimizations [5]

Investment Rating - The report maintains a positive outlook on the light industry and paper-making sector for the mid-2025 earnings forecast, indicating a favorable investment rating for these industries [1]. Core Insights - The report highlights a divergence in performance within the export sector for Q2 2025, with companies that have a global supply chain showing resilience against external tariff disruptions. Notable performers include Jiangxin Home, Jiayi Co., and Tianzhen Co. [4][5]. - The two-wheeler segment is expected to benefit from government subsidies and new standards, with companies like Yadi Holdings and Aima Technology showing strong growth potential [4]. - The light consumer goods sector is characterized by a robust domestic demand, particularly in personal care products, with companies like Baiya Co. and Dengkang Oral Care expected to perform well [4]. - The packaging industry is undergoing consolidation, with leading companies experiencing a slowdown in capital expenditure, indicating a shift towards a harvest phase [4]. - The home furnishing sector is facing short-term order impacts due to the pause in government subsidies, but long-term growth is anticipated through market integration and new product categories [4]. - The paper-making sector is expected to see stable profitability due to low raw material costs and improved supply-demand dynamics [4]. Summary by Sections Export Sector - Q2 2025 shows performance divergence due to increased external disruptions, with companies like Jiangxin Home expected to see a 40%+ growth in net profit [5][6]. - Jiayi Co. anticipates a 30%+ revenue increase, while Tianzhen Co. is expected to recover orders significantly [4][5]. Two-Wheeler Sector - Companies like Aima Technology and Ninebot are projected to grow by 20% and 50% respectively in Q2 2025, driven by new product launches and market demand [8][9]. Light Consumer Goods - The sector is expected to show resilience, with companies like Chaohongji and Baiya Co. projected to grow by 20% and 2% respectively in revenue [10][11]. Packaging Industry - The report notes a continued consolidation trend, with companies like Yutong Technology and Baosteel Packaging expected to maintain stable revenue growth [12][14]. Home Furnishing Sector - The sector is facing challenges due to subsidy pauses, but companies like Mousse and Zhizhong Home are expected to adapt and show growth in the long term [13][15]. Paper-Making Sector - The report indicates stable profitability for the paper-making sector, with companies like Sun Paper and Huawang Technology expected to benefit from improved market conditions [17].

Investment Rating - The industry investment rating is maintained as "Overweight" [4] Core Viewpoints - The light industry sector is experiencing rapid growth in demand for trendy toys, driven by Generation Z, with products like blind boxes tapping into deep emotional values. The integration of AI technologies is expected to enhance the light manufacturing sector, supported by policies aimed at stabilizing the real estate market and boosting domestic demand [2][3] - The export chain for light industry products such as thermos cups and office furniture is showing stable overseas demand, with tariff impacts expected to be gradually absorbed. Companies with overseas production capacity and supply chain resilience are recommended for attention [3] - The home goods sector is set to benefit from an additional 150 billion yuan in special government bonds for consumer upgrades, which is expected to stimulate demand and support economic growth [4] Summary by Sections Light Industry - The trendy toy sector is witnessing significant growth, with a sixfold increase in bookings for the Bubble Mart city park in June compared to the previous year, surpassing other entertainment venues in Beijing [2] - Companies to watch include Bubble Mart, Blokus, and Miniso [2] Export Chain - The light industry export chain is expected to recover as tariff policies become clearer, with a focus on companies like Jiangxin Home, Ninebot, and Jia Yi [3] Home Goods - The third batch of consumer upgrade funds will be released in July, with manufacturing PMI showing signs of improvement, indicating a potential recovery in home goods consumption [4][7] Textile and Apparel Industry - The demand for gold is projected to grow, with domestic jewelry companies expected to see sales and performance improvements in 2025. The outdoor economy is also boosting sales in sports apparel [8][9] - Companies to focus on include Anta, Li Ning, and Bosideng, which are expanding their market presence [10][11] Manufacturing - The textile manufacturing sector is expected to grow due to increased overseas production and enhanced core competitiveness, with companies like Huali Group and Weixing Co. recommended for investment [12][13]

Group 1 - The company faced challenges due to a hidden location and strong competition, leading to a decline in customer visits [2] - The solution involved leveraging video platforms for online traffic, capitalizing on the high daily active users [3][4] - The company successfully converted online traffic into sales through promotional strategies, resulting in a 23% increase in gasoline sales and 5,800 orders in 11 days [5] Group 2 - The company identified the need for quality and affordable promotional products to address customer complaints about pricing [7][8] - A successful procurement strategy was implemented by sourcing products from Yiwu, leading to a 38% increase in recharge transactions [11][12] - The introduction of new products resulted in the sale of 13,000 items and a reduction in marketing expenses by approximately 80,000 yuan [12] Group 3 - The company recognized the shift towards electric vehicles and the need to adapt by developing a car maintenance service [13] - A cost-effective car cleaning service was launched, attracting over 500 new customers and generating additional revenue [14] - The company emphasized the importance of service quality and customer engagement in its transformation strategy [15]