近日，山西、湖北两地分别传来玻璃盖板项目新动态，总投资额超10亿元。 汉能精密 3D四面曲玻璃盖板生产基地 在山西投产 据阳泉郊区之窗消息，山西省汉能精密光学科技有限公司 （ 下文简称"汉能精密" ） 3D四面曲玻 璃盖板生产基地项目已完成了200余台（套）关键设备及其附属冷却水系统的安装、调试和联合试 运转，全面展开了3D四面曲玻璃盖板的量产。 图片来源：阳郊融媒 该项目总投资5.95亿元，一期投资约2.5亿元，建成后可年产3D四面曲玻璃盖板与玻璃后盖1200 万片，年实现销售收入8.4亿元。项目于去年8月落户山西阳泉市，今年6月进行试生产，7月完成 首批产品交付。 据悉，3D曲面玻璃由于兼具特性优良、外观精美、工艺成熟、成本低等多重优势，已逐渐成为中 高端智能手机盖板市场的潮流，被越来越多的主流智能手机大厂所采用。 此前有报道称， 汉能精密玻璃产品透光率可以达到98％以上，主要用于手机、平板、 ATM机等 移动终端。目前，公司3D四面曲玻璃盖板生产基地已与多家企业达成战略合作。 加亿电子玻璃盖板项目落地湖北 8月19日，深圳市加亿财富电子集成有限公司（下文简称"加亿电子"）与湖北黄石西塞山区签约， 总投资 ...

Core Insights - The 2025 China (Guangzhou) Cross-Border E-Commerce Fair highlights the growing trend of "collective overseas expansion" among various industries, with numerous industry alliances forming to enhance bargaining power and adapt to new sales channels [1][3][5] - Despite complex foreign trade conditions, cross-border e-commerce is seen as having long-term growth potential, particularly in emerging markets like the Middle East and South America, where demand for various products is increasing [3][4][12] Industry Trends - The fair showcased 18 advantageous industrial clusters, including beauty products from Guangzhou and home appliances from Foshan, which have formed alliances to create themed exhibition areas [1][3] - Companies like Paofu Media are leveraging their influence in social media to help Chinese brands and factories expand internationally through a model termed "overseas alliances" [4][5] - The development of cross-border e-commerce is viewed as evolving through three stages: from a seller's market to product-driven strategies, and now towards a more integrated approach combining manufacturing and sales capabilities [5][7] Market Opportunities - The beauty industry is increasingly focusing on brand awareness and international market expansion, with initiatives to help companies establish their brands overseas [7][12] - SHEIN's "500 City Industrial Belt Overseas Expansion Plan" aims to cover nearly 400 cities by mid-2025, promoting participation in cross-border e-commerce through numerous activities [8] - Emerging markets, particularly in Southeast Asia and Latin America, are becoming key areas for growth, with companies like Aiqishi targeting these regions for product penetration [11][12][14] Challenges and Adaptations - The ongoing U.S.-China tariff disputes and the potential end of the "small package exemption" policy pose challenges for cross-border e-commerce platforms like Temu and SHEIN [9][11] - Companies are increasingly focusing on enhancing product innovation and adapting to new market demands to maintain competitiveness in the face of changing trade policies [11][12] - The overall cost advantage of Chinese beauty products is becoming more pronounced, as global economic downturns highlight their value proposition compared to Western brands [12]

Core Viewpoint - The article highlights the significant impact of extreme rainfall in Beijing, leading to substantial casualties and damage, while also showcasing the rapid response and support from various companies and organizations in the form of donations and supplies to aid disaster relief efforts [1][2][3]. Group 1: Impact of Rainfall - As of July 28, the extreme rainfall in Beijing resulted in 30 fatalities, with 28 in Miyun and 2 in Yanqing [1]. - The rainfall lasted for 147 hours, with an average precipitation of 210.4 mm, which is 38% of the average annual rainfall in Beijing over the past decade [2]. - In just seven days, the rainfall accounted for 40% of the typical annual rainfall [2]. Group 2: Corporate Response - Xiaomi donated 5 million yuan in cash and 350,000 yuan worth of essential supplies, including power banks and flashlights, to support disaster relief efforts [4]. - Li Auto contributed 10 million yuan to the Beijing Charity Association for emergency rescue and post-disaster reconstruction [6]. - NIO announced a donation of 2 million yuan in collaboration with its user charity foundation to assist the affected areas [6]. - Great Wall Motors donated 5 million yuan to the Red Cross for rescue and recovery efforts and provided additional support measures for its vehicle owners [7]. Group 3: Internet Companies' Contributions - Pinduoduo initiated an emergency response mechanism, procuring 30,000 items of essential supplies for affected residents [8]. - Alibaba sent 13,000 boxes of food and water in two batches to support the basic needs of disaster-affected individuals [8]. - ByteDance announced a donation of 10 million yuan to support various emergency needs in severely affected areas [8]. - JD.com prepared a range of essential supplies and established a special team for disaster relief [9][10]. Group 4: Additional Support from Other Companies - NetEase donated 3 million yuan in emergency supplies and cash to support local disaster relief efforts [11]. - Didi's rescue team was deployed to assist in evacuating affected residents [12]. - BOSS Zhipin donated 1.5 million yuan to support disaster relief and reconstruction in specific districts [14]. - China Mobile offered a month of free Beidou SMS service to help users communicate during emergencies [15]. - Yili Group mobilized volunteers to deliver essential supplies to severely affected areas [16]. - Apple and BMW also pledged donations to support local rescue and recovery efforts [17][19].

Core Viewpoint - Multiple companies are actively donating funds and supplies to support disaster relief efforts in Beijing following severe rainfall that has caused significant damage and loss of life [1][2][5][8][11][12][14][16][17]. Group 1: Company Donations - BMW China and Brilliance BMW announced a donation through the China Education Development Foundation, providing "One Foundation Children's Warmth Packages" to affected areas, which include essential items for children [2]. - ByteDance's charitable foundation pledged 10 million RMB to support emergency supplies for severely affected regions, focusing on hygiene products and children's necessities [5]. - Li Auto donated 10 million RMB to the Beijing Charity Association for emergency relief and post-disaster reconstruction efforts [8]. - Xiaomi Charity Foundation committed 5 million RMB in cash and 350,000 RMB in emergency supplies for disaster relief in North China [11][12]. - BOSS Zhipin announced a donation of 1.5 million RMB to support disaster relief and reconstruction in specific districts [14]. - Pinduoduo initiated an emergency response mechanism, procuring 30,000 items of relief supplies for affected areas [15]. - NIO announced a donation of 2 million RMB in collaboration with the NIO User Charity Foundation to support emergency living supplies and infrastructure repair [16][17]. Group 2: Nature of Donations - The donations from various companies include cash contributions, emergency supplies, and specific items tailored to meet the needs of children and families affected by the disaster [2][5][11][12][15][16]. - Companies are focusing on immediate needs such as food, hygiene products, and psychological support materials for children [2][5][11][12]. - The collaborative efforts among companies and charitable organizations aim to address both immediate relief and long-term recovery for the affected communities [5][16].

Core Viewpoint - The company, Hytera, is adjusting its global strategy by selling its Spanish subsidiary Teltronic for €75.5 million (approximately ¥628 million), which is expected to positively impact its net profit for the fiscal year 2025 [1] Group 1: Company Strategy and Financials - Hytera has completed the sale of Teltronic, a specialized communication company with total assets of ¥880 million and net assets of ¥327 million as of June 30, 2025 [1] - The sale is projected to generate approximately ¥80 million in pre-tax profit for Hytera, contributing positively to its net profit in 2025 [1] - The company previously acquired Teltronic in 2017 as part of a strategic move to enter the European market, enhancing its global presence [2] Group 2: Historical Context and Market Position - Hytera, often referred to as the "little Huawei" in the specialized communication sector, has a market share of about 8%, ranking third globally behind Motorola and Kenwood [3] - The company faced significant legal challenges from Motorola, which initiated lawsuits against Hytera for alleged trade secret theft, impacting its market access and financial performance [3][4] - In 2024, Hytera reported a revenue of ¥6.142 billion, an increase of 8.65% year-on-year, but suffered a net loss of ¥3.485 billion, a decline of 798.43% compared to the previous year [4]

Group 1 - The article highlights the "magnetic effect" of the Chinese market, attracting foreign personnel and investment, with Shenzhen's Huaqiangbei receiving over 7,000 foreign visitors daily [1][15][17] - Foreign investment in China is on the rise, with 24,000 new foreign-invested enterprises established from January to May, a year-on-year increase of 10.4% [12][19] - The manufacturing sector is seeing significant foreign interest, exemplified by Henkel's new factory in Jiangsu and Tesla's Shanghai energy factory, which has a planned annual production capacity of 10,000 Megapacks [4][9][11] Group 2 - The financial sector is also experiencing a surge in foreign investment, with institutions like Temasek and AIA establishing operations in China, benefiting from the country's financial openness [11][22] - The article notes that foreign companies are increasingly recognizing China's potential for consumption upgrades and its complete supply chain system, which enhances its competitive advantage [12][14] - Visa facilitation policies have improved the ease of doing business for foreign nationals, contributing to a 33.4% year-on-year increase in foreign visitors [19][20] Group 3 - The article discusses the strategic importance of Hong Kong as a gateway for foreign investment into China, with a notable increase in foreign capital inflow despite geopolitical tensions [22][23] - Recent data indicates that foreign investors are increasingly interested in long-term strategic investments in China, moving beyond mere financial investments [25][26] - The article emphasizes that China's ongoing economic transformation is expected to create numerous new development opportunities, further attracting global capital [26]

Group 1: Tesla's Energy Business Expansion - Tesla's Shanghai energy factory, the second of its kind globally, has been operational for over four months, producing Megapack energy storage systems that can meet the electricity needs of 3,600 households for one hour [1][2] - The factory has a planned annual production capacity of 10,000 Megapacks and has already begun exporting to Europe and Oceania [1] - The first Megapack was produced on February 11, marking the official start of operations at the Shanghai facility [1] Group 2: Investment in China's Energy Sector - Tesla signed a contract for its first grid-side energy storage project in China, with a total investment of 4 billion yuan, expected to meet over half of Shanghai's seasonal electricity adjustment needs [2] - The first phase of the project is anticipated to be operational this year, with a storage capacity of 300 megawatt-hours [2] Group 3: Foreign Investment in Manufacturing - Henkel has launched a consumer brand factory in Taicang, Jiangsu, as part of its strategy to deepen its presence in the Chinese market [2][3] - The acquisition of a factory from Suzhou Boke Biotechnology is aimed at enhancing production capacity and efficiency for Henkel's well-known brands [3] Group 4: Financial Sector Expansion - Several foreign financial institutions are accelerating their entry into the Chinese market, benefiting from the country's financial openness [3] - Recent approvals for insurance asset management companies in Shanghai highlight the growing interest from foreign players in China's financial sector [3] Group 5: Foreign Investment Trends - Data shows that from January to May, 24,000 new foreign-invested enterprises were established in China, a year-on-year increase of 10.4% [5] - Surveys indicate that 76% of British companies and over half of German companies plan to maintain or increase their investments in China by 2025 [5] Group 6: Hong Kong as an Investment Hub - Hong Kong has become a key entry point for foreign capital into China, with a notable increase in foreign investment activities despite ongoing geopolitical tensions [12] - The Hong Kong stock market has seen significant interest from global investors, particularly in technology and consumer sectors, with the Hang Seng Index rising over 20% since 2025 [14] Group 7: Foreign Business Activity in Shenzhen - The influx of foreign merchants in Huaqiangbei, Shenzhen, reflects the strong appeal of the Chinese market, with daily foreign visitor numbers exceeding 7,000 [6][10] - Recent visa facilitation policies have further enhanced the ease of doing business for foreign investors in China [11]

Group 1 - The influx of foreign merchants in Huaqiangbei reflects the increasing confidence of foreign investors in the Chinese market, driven by favorable visa policies and enhanced business facilitation measures [1][5]. - Huaqiangbei, known as "China's electronic first street," has become a hotspot for foreign buyers, with an average of over 7,000 foreign visitors daily, indicating a strong demand for electronic products [2][3]. - The competitive pricing and quality of Chinese products, particularly in the technology sector, are major attractions for foreign buyers, making China an appealing destination for investment [3][4]. Group 2 - The implementation of the 240-hour visa-free transit policy has significantly boosted foreign arrivals, with 9.215 million foreign visitors recorded since its introduction, marking a 40.2% increase compared to the previous year [5]. - Various cities, including Beijing and Shanghai, have introduced special visa policies for foreign business personnel, enhancing the ease of doing business in China [5]. - The overall increase in inbound business travel and the expansion of foreign enterprises' activities in China demonstrate the market's robust vitality and attractiveness [4][5].

我给新关注的读者补补课，这个图的竖轴是利率，数字看最右边，横轴是时间，以年为单位。 每一年都有19个点，这19个点代表了美联储的19个成员的投票，他们是美联储理事会成员+联邦储备银行行长们。投票是不记名的，你们看2024年有一个 人投了最低的4-4.25%这一档，但公众并不知道投这一票的人是谁。 点阵图每年更新四次，3、6、9、12月各一次，根据这份点阵图可以看出2024年底的预期利率平均是4.4%，2025年底是3.4%，2026年底是2.9%，更远的长 期利率也差不多是3%左右的水平。 但是注意，这只代表当下的预期，随着每个月的经济数据更新，委员们的态度变化也会很快，事实上现在就比6月份的那一次很不一样。他们主要看两个 数据，通胀率和就业，既要防止通胀失控，又要防止失业攀升，然后就是左右摇摆找平衡。 如诸位所见，美联储最终选择了降息50个基点。 随后美联储对外发布了最新的利率点阵图，如下： 今天a股先跌后涨，终于迎来了久违的中阳，市场放量超过了6000亿，中位数+2.19%，感觉很久没有吃过这样一顿好的。 很难说 和昨晚美联储的降息没 有关系，但现在 怕就怕明天公布的LPR又降息落空， 到时候 少不得一顿 ...

天键电声股份有限公司 首次公开发行股票并在创业板上市发行公告 保荐人（主承销商）： 特别提示 天键电声股份有限公司（以下简称"天键股份"、"发行人"或"公司"）根据中 国证券监督管理委员会（以下简称"证监会"）《证券发行与承销管理办法》（证监 会令[第 208 号]）（以下简称"《管理办法》"）、《首次公开发行股票注册管理办法》 （证监会令[第 205 号]）（以下简称"《注册办法》"），深圳证券交易所（以下简称 "深交所"）《深圳证券交易所首次公开发行证券发行与承销业务实施细则》（深证 上[2023]100 号，以下简称"《业务实施细则》"）、《深圳市场首次公开发行股票网 上发行实施细则》（深证上〔2018〕279 号）（以下简称"《网上发行实施细则》"）、 《深圳市场首次公开发行股票网下发行实施细则（2023 年修订）》（深证上〔2023〕 110 号）（以下简称"《网下发行实施细则》"）、《深圳证券交易所创业板投资者适 当性管理实施办法（2020 年修订）》（以下简称《投资者适当性管理办法》）和中 国证券业协会（以下简称"证券业协会"）《首次公开发行证券承销业务规则》（中 证协发〔2023〕18 号）（ ...