二〇二五年六月二十五日 东方金诚债跟踪评字【2025】0339 号 信用评级报告声明 为正确理解和使用东方金诚国际信用评估有限公司（以下简称"东方金诚"）出具的信用 评级 报告（以下简称"本报告"），声明如下： 的关联关系，本次项目评级人员与评级对象之间亦不存在任何影响本次评级行为独立、 客观、 公正的关联关系。 勤勉尽责和诚信义务，有充分理由保证本次评级遵循了真实、客观、公正的原则。 和第三方组织或个人的干预和影响。 准确性、完整性均由资料提供方和/或发布方负责，东方金诚按照相关性、可靠性、及时 性的原 则对评级信息进行合理审慎的核查分析，但不对资料提供方和/或发布方提供的信息合法 信用等级通知书 东方金诚债跟踪评字【2025】0339 号 浙江省建设投资集团股份有限公司： 东方金诚国际信用评估有限公司根据跟踪评级安排对贵公司及"23 浙建 Y1"、"24 浙建 Y1"的信用状况进行了跟踪评级，经信用评 级委员会评定，此次跟踪评级维持贵公司主体信用等级为 AA+，评 级展望为稳定，同时维持"23 浙建 Y1"、"24 浙建 Y1"的信用等 级为 AA+。 东方金诚国际信用评估有限公司 信评委主任 性、真 实 ...

中新网西安6月23日电 题：乌兹别克斯坦青年的西安创业"加速跑" 作者 张远 吴西檬 时隔两年再见到李浩宇，他显得"老练"了不少。滑动手机屏幕，雪糕订单显示销量特别好，"你们绝对 想不到，奶香十足的中国雪糕在中亚有多受欢迎。" "最初，我的客户全靠网络广告，现在老客户带新客户，订单自己找上门。"李浩宇坦言，自己刚结束为 期一个月的"寻厂之旅"，在义乌小商品城与中亚老乡切磋选品，赴深圳电子厂敲定主板订单，再回到西 安考察雪糕生产线，"我手机里有很多供应商的微信群，可以看做是当代丝绸之路的'驿站'。" 近年来，越来越多像李浩宇一样的留学生在中国觅得实习和创业机遇。西北工业大学已同多家企业创建 国际人才共育基地，推动留学生赴先进制造企业实习，参与人数不断增多。 "曾经最大的挑战是与供应商和客户的沟通，由于语言和文化的差异有时会出现误解。"李浩宇笑称，现 在这些都不是问题了，下一步公司计划增加网络电商业务，在平台开设店铺，搭乘共建"一带一路"的东 风，跑出"加速度"。(完) 乌兹别克斯坦青年马特穆萨耶夫的中国名字叫李浩宇，2023年他从西北工业大学毕业后，于当年5月在 西安注册了跨国贸易公司，将中国制造的商品销往俄罗 ...

对于美国钢铝关税加倍，韩国产业界反应强烈。根据韩国贸易协会的数据，2024年韩国钢铁出口总额 中，出口美国的钢铁产品占比达13.1%。韩国产业通商资源部2日召集钢铝产业代表举行紧急会议，商 讨应对美国钢铝关税加倍。韩国产业通商资源部表示，将密切关注美国关税措施的实施动向，在现行对 美磋商框架内积极应对，力争使韩国国内产业所受影响最小化。 此外，澳大利亚总理阿尔巴尼斯1日在塔斯马尼亚州首府霍巴特接受采访时表示，美国上调钢铝关税 是"美国的经济自残行为，会增加美国消费者的成本"。另据印度经济智库"全球贸易研究倡议"的一份报 告，对印度来说，后果是直接的。2025财年，印度向美出口了价值45.6亿美元的相关产品。关税提高威 胁该国生产商和出口商的盈利能力。 专家质疑： " 重振制造业 " 目标与现实背离 在50%的钢铝关税之前，美国于3月12日宣布对所有进口至美国的钢铁和铝征收25%关税的举措，正式 生效。当时对于这一意在"重振美国制造业"的举措，英国《经济学人》在一篇文章中写道，美国政府的 这一决策，正逐渐显现出对美国制造业的深远影响。它不仅没有如政府所期望的那样提升国内金属产 量，反而让许多企业陷入了困境。 据 ...

Caterpillar Earnings Call Summary Company Overview - **Company**: Caterpillar Inc. - **Industry**: Construction and Machinery Key Points Financial Performance - Caterpillar's construction industries reported **$25 billion** in sales for 2024, a slight decrease from the record high in 2023 [8] - The company is currently at the second highest sales level, indicating strong performance despite a slight decline [9][10] Market Dynamics - The U.S. market remains robust, supported by the **Infrastructure Investment and Jobs Act (IIJA)**, with ongoing funding and strong contractor sentiment [10][11] - Caterpillar's backlog numbers indicate strong order levels, reflecting healthy industry performance [11] - In Europe, there is some weakness, but positive signals are emerging from Germany [16][17] - China has seen increases in the above 10-ton excavator market, recovering from previous lows [17] - Developing markets, particularly in the Middle East and Africa, show significant infrastructure projects underway [18][19] Profitability and Margins - Margins have more than doubled over the last decade, attributed to the operating execution model and improved process efficiencies [20][22] - The company aims to maintain cost efficiency while providing customers with the lowest total operating costs [24] Services and Customer Engagement - Caterpillar focuses on service initiatives, including machine rebuilds and predictive maintenance through connected machines, enhancing customer loyalty [25][28] - The company emphasizes the importance of making it easy for customers to own and operate their equipment, which drives repeat business [30] Tariff and Regulatory Environment - The company is actively engaged in scenario planning to navigate uncertainties related to tariffs and trade policies [36][37] - Caterpillar's manufacturing footprint in the U.S. provides flexibility to manage tariff impacts, as it is a net exporter with many facilities dedicated to export [38][39] Competitive Landscape - Caterpillar maintains a strong competitive position due to its extensive manufacturing presence in the U.S. and a focus on customer needs [48][49] - The company respects its competitors but emphasizes its unique strengths in manufacturing and customer service [47] Inventory Management - Dealer inventories are managed within a range of three to four months of sales, providing a buffer against market uncertainties [75] - The company is cautious about inventory levels, especially in light of potential economic fluctuations [73] Future Outlook - The company anticipates continued demand driven by infrastructure spending and positive signals from contractors regarding future projects [87][88] - There is optimism about the potential for new infrastructure bills, which could further support the construction industry [87] Rental Market Strategy - Caterpillar views the rental market as a significant growth opportunity, with increasing customer dependence on rental services [103][106] - The company is well-positioned to offer various options, including rental, lease, and purchase, enhancing customer flexibility [106] Global Market Insights - In China, the market is recovering from real estate issues, with improved confidence among contractors leading to increased equipment purchases [109][110] Additional Insights - The company is focused on maintaining a cost-conscious culture, ensuring operational efficiency across all levels of the organization [46] - Caterpillar's commitment to customer service and operational excellence is central to its strategy for sustaining growth and profitability in a competitive landscape [58][60]

Core Points - CNH Industrial held its 2025 Annual General Meeting (AGM) where shareholders appointed and re-appointed key executive and non-executive directors [1] - The AGM approved the 2024 financial statements under IFRS and declared a dividend of $0.25 per common share, totaling approximately $312 million [2] - The dividend will be distributed on May 30, 2025, to shareholders of record on May 21, 2025, with payments in Euro for shares deposited in Monte Titoli [3] - Concurrently, CNH published its 2024 Sustainability Report outlining sustainability priorities, strategic targets, and achievements for the year [4] Company Overview - CNH Industrial is a global leader in equipment, technology, and services, focusing on innovation, sustainability, and productivity [5] - The company operates various brands including Case IH, New Holland, CASE, and others, providing a comprehensive range of agricultural and construction products [5] - With over 35,000 employees, CNH emphasizes a diverse and inclusive workplace aimed at empowering customers and driving efficiency [6]

Alta Equipment Group (ALTG) Q1 2025 Earnings Call May 07, 2025 05:00 PM ET Company Participants Jason Dammeyer - Director of SEC Reporting & Technical AccountingRyan Greenawalt - Chairman and CEOTony Colucci - Chief Financial OfficerSteven Ramsey - Deputy Director of ResearchLaura Maher - Equity Research Associate Conference Call Participants Ted Jackson - MD & Senior Research Analyst Operator Good afternoon, and thank you for attending the Ultra Equipment Group First Quarter twenty twenty five Earnings Con ...

Alta Equipment Group (ALTG) Q1 2025 Earnings Call May 07, 2025 05:00 PM ET Speaker0 Good afternoon, and thank you for attending the Ultra Equipment Group First Quarter twenty twenty five Earnings Conference Call. My name is Lydia, and I'll be your moderator for today's call. I'll now turn the call over to Jason Darmeyer, Director of SEC Reporting and Technical Accounting with Alta Equipment Group. Speaker1 Thank you, Lydia. Good afternoon, everyone, and thank you for joining us today. A press release detail ...

值得一提的是，这家工业巨头针对年度销售前景提出两种情景假设，其中一种考虑了大规模关税可能带 来的冲击，凸显出在美国总统唐纳德·特朗普混乱的关税政策下，企业规划经营面临的巨大难度。 在排除关税影响的情景假设下，卡特彼勒预计业绩将好于此前预期。 截至发稿，该股盘前上涨3.12%。 关税冲击暗藏危机 当前，受美国总统唐纳德·特朗普扬言实施大规模关税政策的冲击，全球市场和企业正经历自疫情以来 最为动荡的时期之一。美国贸易限制带来的不确定性，使得众多企业高管难以预测今年剩余时间的市场 需求走势。 智通财经APP获悉，重型设备制造商卡特彼勒公司(CAT.US)在美东时间周三盘前发布第一季度财报，受 建筑设备需求疲软影响，公司业绩低于分析师预期。卡特彼勒表示，若关税持续存在，且下半年经济陷 入衰退，今年的销售额预计将略有下降，但总体仍与预期持平。 财报数据显示，公司一季度销售额和营收约为142亿美元，同比下降约10%，低于LSEG编制分析师平均 预期的146.6亿美元，调整后每股收益降至4.25美元，低于分析师平均预期的4.35美元。公司指出，销售 额下降主要是受经销商库存变化的影响。 与此同时，卡特彼勒给出了与此前预期相 ...