海外市场正在成为自主品牌车企销量的重要增长点。8月25日，零跑汽车宣布，旗下全球化战略车型 ——零跑B10成功启航欧洲。据零跑汽车方面介绍，这款基于LEAP3.5技术架构打造的全球长续航SUV 产品，将于9月开启欧洲市场交付。 "预计2026年公司海外销量将快速增长，有望在今年的基础上翻倍。"在2025中期业绩会上，零跑汽车管 理层透露，目前马来西亚工厂本地化生产正在推进，明年公司还将利用Stellantis西班牙工厂本地化制造 首款车型B10，"公司希望未来1-2年内迅速放大海外销量，将更多盈利投入到市场扩展和提升整体竞争 力中，优先抢占（海外）用户心智。" 数据显示，今年1-7月，零跑汽车累计出口24980辆，其中欧洲市场7月订单量突破4000辆，创历史新 高。 "中国新能源汽车'出海'正进入深水区。"在业内人士看来，过去车企多以整车出口为主；如今，海外建 厂、技术输出、渠道布局乃至资本运作，正成为中国车企争夺国际市场的重要手段。"这一趋势不仅是 销量扩张的需要，更是应对贸易壁垒、降低运输成本、贴近市场需求的重要举措。" 中国汽车"出海"步伐不断加速。8月22日，比亚迪汽车宣布，公司将在马来西亚建设组装工 ...

多国暂停向美国邮寄包裹 据新华社，美国从8月29日起暂停对价值800美元及以下的进口包裹给予免税待遇，届时小额包裹需缴纳 适用的所有税费。受此影响，欧洲多国邮政运营商近日纷纷宣布暂停寄往美国的包裹服务。分析人士指 出，美国政府单方面取消低价值货物免税待遇的做法，正引发跨境物流和中小企业连锁反应，给全球邮 政合作体系带来不确定性。 海关总署：前7月中国对上合组织成员国进出口额达2.11万亿元 8月21日，海关总署数据显示，2025年前7个月，中国对上合组织其他成员国进出口总额达2.11万亿元， 同比增长3%，创历史同期新高。 7月单月进出口额3260.5亿元，增长8.5%，规模和增速均达年内峰值。出口部分为2190.4亿元，增长 6.8%；进口1070.1亿元，增长12.3%。 深圳：前7个月进出口2.58万亿 深圳海关19日发布的统计数据显示，今年以来，深圳外贸顶压前行，进出口逐步向好。前7个月，深圳 累计进出口2.58万亿元(人民币，下同)，与去年同期持平，继续位居中国内地外贸城市首位。其中，出 口1.56万亿元；进口1.02万亿元。 美团外卖Keeta正式上线卡塔尔 8月20日，美团宣布旗下国际外卖品牌K ...

据新华社，美国从8月29日起暂停对价值800美元及以下的进口包裹给予免税待遇，届时小额包裹需缴纳 适用的所有税费。受此影响，欧洲多国邮政运营商近日纷纷宣布暂停寄往美国的包裹服务。分析人士指 出，美国政府单方面取消低价值货物免税待遇的做法，正引发跨境物流和中小企业连锁反应，给全球邮 政合作体系带来不确定性。 海关总署：前7月中国对上合组织成员国进出口额达2.11万亿元 过去一周(8.18-8.24)，出海领域发生哪些动态？ 行业一览 多国暂停向美国邮寄包裹 8月21日，海关总署数据显示，2025年前7个月，中国对上合组织其他成员国进出口总额达2.11万亿元， 同比增长3%，创历史同期新高。 7月单月进出口额3260.5亿元，增长8.5%，规模和增速均达年内峰值。出口部分为2190.4亿元，增长 6.8%；进口1070.1亿元，增长12.3%。 深圳：前7个月进出口2.58万亿 深圳海关19日发布的统计数据显示，今年以来，深圳外贸顶压前行，进出口逐步向好。前7个月，深圳 累计进出口2.58万亿元(人民币，下同)，与去年同期持平，继续位居中国内地外贸城市首位。其中，出 口1.56万亿元；进口1.02万亿元。大厂平台 ...

Core Viewpoint - The article highlights the expansion of various Chinese companies into international markets, showcasing their strategic moves and growth in overseas operations. Group 1: Company Expansions - Meituan's international delivery brand Keeta has launched in Doha, Qatar, with plans to expand into Brazil in the coming months [5] - Great Wall Motors has completed the construction of its factory in Brazil, with an annual production capacity of 50,000 vehicles [5][7] - Tea brand Cha Baidao has announced its first store in North America, located in New York, marking its entry into the U.S. market [5] - Lenovo is establishing a regional headquarters in Riyadh, Saudi Arabia, as part of its strategic expansion in the Middle East [6] Group 2: Financial Performance and Growth - Zero Run Auto reported its first half-year profit, with overseas markets becoming a significant growth driver, exporting 24,980 vehicles in the first seven months of 2025 [8] - Pop Mart plans to expand into emerging markets such as the Middle East and South Asia, expecting to exceed 200 overseas stores by the end of the year [8] - Xiaomi's automotive division aims for profitability in the second half of the year, maintaining its 2027 overseas expansion target [9] Group 3: New Business Models and Innovations - AliExpress has launched an "overseas hosting" model in Australia, following its success in other markets [5] - Yimutian, a major agricultural B2B platform, has gone public on NASDAQ, aiming to expand its offline services and international business [10] - Shouqu Technology has secured nearly 100 million yuan in angel funding to enhance its battery management systems and accelerate global market expansion [11] Group 4: Industry Trends - The global photovoltaic industry is witnessing increased competition, prompting Chinese companies to enhance their international presence and supply chain resilience [15] - The user-side energy storage market is recovering, with significant growth expected in commercial storage due to supportive policies and mature business models [14]

Company Developments - Meituan's international delivery brand Keeta has officially launched in Doha, Qatar, with plans to expand into more Gulf Cooperation Council (GCC) countries and enter the Brazilian market in a few months [2] - Great Wall Motors has completed the construction and production launch of its factory in Brazil, located in Iracemapolis, São Paulo, with an annual production capacity of 50,000 vehicles [2] - AliExpress has launched its "overseas hosting" model in Australia, following its implementation in several other countries including the US and Mexico [2] - Cha Bai Dao has announced the opening of its first North American store in New York, marking its entry into the US market, following successful expansions in Singapore and France [2] Strategic Expansion - Lenovo Group plans to establish a regional headquarters in Riyadh, Saudi Arabia, and has begun construction on a manufacturing facility expected to start trial production in 2026 [3] - MINISO's founder expressed intentions to expand the MINISO LAND stores overseas, emphasizing the importance of proprietary IP alongside global IP [3] - Leap Motor has achieved a milestone by reporting its first half-year profit, with overseas markets becoming a significant growth driver [3] - Pop Mart aims to expand into emerging markets such as the Middle East and South Asia, expecting to exceed 200 overseas stores by the end of the year [4] Financial Performance - Pop Mart reported a revenue of 13.88 billion yuan for the first half of 2025, a year-on-year increase of 204.4%, with adjusted net profit rising by 362.8% [4] - Xiaomi's automotive division is expected to start generating profits in the second half of the year, with plans to avoid price wars [4] - XGIMI's Vietnam factory has launched its first projector, with overseas revenue projected to reach 1.086 billion yuan in 2024, marking an 18.94% year-on-year increase [5] Market Trends - The user-side energy storage market is showing signs of recovery, with a focus on high-growth new markets and a concentration of market players [8] - Chinese innovative pharmaceutical companies are transitioning from followers to leaders in the market, with a focus on internationalization [8] - The global photovoltaic industry is experiencing increased competition, prompting Chinese companies to accelerate their global expansion efforts [9][10]

上海市加快机器人应用，小米汽车预计下半年盈利 [Table_Industry] 汽车周报 [Table_ReportDate] 2025 年 8 月 23 日 2 行业研究 [Table_ReportType 行业周报 | ] [Table_StockAndRank] 汽车 | | | --- | --- | | 投资评级 | 看好 | | 上次评级 | 看好 | 赵启政 汽车行业分析师 执业编号：S1500525030004 邮箱：zhaoqizheng@cindasc.com [上海市加快机器人应用， Table_Title] 小米汽车预计下半 年盈利 [Table_ReportDate] 2025 年 8 月 23 日 投资要点： ➢ 风险因素：政策推出力度不及预期、海内外汽车销量不及预期等。 信达证券股份有限公司 CINDA SECURITIES CO.,LTD 北京市西城区宣武门西大街甲 127 号金隅大厦 B 座 邮编：100031 请阅读最后一页免责声明及信息披露 http://www.cindasc.com 2 证券研究报告 [Table_S ➢ 行业重点新闻。 ummary] （1）上海：加 ...

Core Viewpoint - Great Wall Motors has officially opened its factory in Brazil, marking a significant step in its expansion into the Latin American market [1][2]. Group 1: Factory Opening and Significance - The opening of the Brazilian factory was attended by Brazilian President Lula, highlighting its importance [2]. - This factory represents Great Wall Motors' commitment to establishing a presence in Latin America, bringing its advanced Hi4 hybrid four-wheel drive technology to the region [2]. Group 2: Factory Acquisition and Development - The Brazilian factory, located in Iracemápolis, São Paulo, was acquired from Mercedes-Benz, which had previously invested 600 million Brazilian Reais in its construction and an additional 100 million Euros for upgrades [5]. - The factory was idle after Mercedes-Benz ceased production in 2021, leading to Great Wall Motors acquiring the facility in August 2021 without transferring personnel [5]. - Following the acquisition, Great Wall Motors has upgraded the factory with its global production technologies, aiming for an annual production capacity of 50,000 vehicles, with plans for future increases [5]. Group 3: Production Plans - The initial production at the Brazilian factory will include models such as the Haval H6 gasoline and hybrid SUVs, Haval H9, and Poer pickup trucks [6]. - Additionally, ethanol hybrid models are planned to be produced in Brazil within a year [6].

巴西总统卢拉与长城汽车巴西团队合影 长城汽车选择以巴西为战略支点，深化拉美市场布局，具有深 远的战略意义。 作者： 何义繁 封图：图片资料室 北京时间 8月16日凌晨，长城汽车巴西工厂正式竣工投产，巴西总统卢拉、副总统阿尔克明等政府要员 齐聚现场 ， 共同见证这一时刻。如此 高规格 的 活动 ， 彰显了 长城汽车对巴西当地的 积极 贡献 ， 也体现出 巴西 政府 对长城 汽车 的高度重视 和认可 。 长城汽车巴西工厂 坐落于 圣保罗州伊拉塞马波利斯， 此地原属于 戴姆勒集团，后经长城汽车收购并改造升级，如今已成为一座智能化生产基地。 该 工厂占地面积 120万平方米，建筑面积9.4万平方米，年产能为5万辆，投产后初期将聚焦生产哈弗H6系列、哈弗H9、2.4T长城炮等车型 ， 精准满 足巴西市场智能化、电动化的需求，并辐射整个拉美市场。 值得关注的是，长城汽车此次进军巴西市场 并非简单的 产能落地， 而是进行了 深度的战略布局。通过在巴西实现研发、生产、销售及服务的全链条 出海，长城汽车生动诠释了中国车企从 "走出去"迈向"扎进去"、从"汽车出海"升级为"生态出海"的重大转变。这一举措，有望重塑中国汽车在海外市 ...

Core Viewpoint - Great Wall Motors (02333) shares rose over 8%, currently at 17.01 HKD with a trading volume of 363 million HKD following the announcement of the completion and production launch of its Brazil factory [1] Group 1: Factory Launch and Production - The Brazil factory officially commenced operations on August 16, with the first vehicle, the Haval H6 GT, rolling off the production line [1] - The initial production models include the gasoline and hybrid versions of the Haval H6 SUV, with plans to produce the Haval H9 and Poer pickup in the next phase [1] - The factory spans 1.2 million square meters, with a building area of 94,000 square meters, featuring core workshops for welding, painting (including robotic applications), and assembly [1] Group 2: Employment and Capacity - The factory currently employs 530 staff, with 145 in administrative or office roles, and is expected to increase to 1,000 employees by the end of the year, implementing a double shift system [1] - The initial production capacity is set at 30,000 vehicles per year, projected to reach 50,000 vehicles by 2028 [1]

Core Viewpoint - Great Wall Motors has officially launched its factory in Brazil, marking a significant expansion in its production capabilities and the introduction of new vehicle models to the market [1] Group 1: Factory Launch and Production - The factory in Brazil has commenced operations, with the first vehicle, the Haval H6GT, rolling off the production line [1] - The initial production capacity is set at 30,000 units per year, with plans to increase to 50,000 units by 2028 [1] - The factory covers an area of 1.2 million square meters, with a building area of 94,000 square meters, featuring advanced manufacturing processes including welding, painting, and assembly [1] Group 2: Employment and Workforce - The factory currently employs 530 staff members, with 145 in administrative or office roles [1] - The workforce is expected to grow to 1,000 by the end of the year, at which point the factory will operate on a double shift system [1] Group 3: Vehicle Models and Production Plans - The initial models to be produced include the Haval H6 gasoline and hybrid versions, with plans to introduce the Haval H9 and Poer pickup in the next phase [1] - The factory is equipped with a comprehensive energy supply system and an efficient logistics supply chain to support production [1]