中国汽车产业发展史上，两个场景令人感慨万千。 研制第一辆国产轿车时，无资料、无经验、无设备，工程师只好从进口废钢中寻找汽车相关零件进行测 绘，整个车身制造和各种钣金件加工几乎完全靠工人一锤一锤敲打。 如今，走进位于北京的小米汽车超级工厂，超过700个机器人参与零件运输、汽车组装等环节，200多道 关键工序数控化率达到100%，平均每76秒就有一台新能源汽车下线。 但也要清醒地认识到，门类齐全、体系完备，是我国工业发展的突出特征；传统产业体量大、占比高， 是我国所处发展阶段的客观实际。现代制造业如何由"大而全"到"精而强"？答案就在科技赋能。 向高端化迈进。把石墨烯材料应用于鞋底片材，减震、防滑、回弹力强，一双运动鞋变身高科技产品； 一个拉头、两片链带，航天服拉链跟着宇航员"一步登天"……福建晋江纺织鞋服产业，从拼价格转为拼 技术、拼创新。 向智能化升级。桥吊林立、舟车穿梭，上海港洋山四期自动化码头自主研发智能管控系统，人均劳动生 产率为传统码头的213%，助力上海港年吞吐量突破5000万标箱，创下全球港口集装箱运输史最高纪 录。 向绿色化转型。立足煤、延伸煤，建设煤制油、煤制气、煤制烯烃、煤基新材料等多条循环 ...

把"一双鞋面""一条拉链""一桶涂料"做出新花样 走进信泰（福建）科技有限公司展厅，五颜六色的鞋面令人眼花缭乱。研发车间中，技术人员忙着调试 经纬编织机。"这是我们2019年就开始构想的技术，预计今年底实现量产。目前，已有客户预订了20万 双鞋面，产品附加值提升30%以上。"公司飞织研发技术部经理胡小军说。 鞋面"身价"提高，底气从何而来？原来，行业通常采用经编或纬编技术，经编鞋面结构牢固但延伸度有 限，纬编鞋面延伸度好但结构较松散。新的经纬编技术，将二者优势结合，增强了鞋面的支撑性和透气 性，也让纹理的方向、颜色等设计更自由。 优势突出，难度却不小。由于经向和纬向要共同成圈编织，机器容易出现漏针、穿纱被挡等问题，技术 团队花费5年多时间一一解决。"20年来，我们专注运动鞋面领域研发创新。目前，鞋面年产量达3亿 双，今年上半年营收同比增长超20%。"信泰科技总裁办副主任许剑飞介绍。 受访者供图 图③：泉州港一瞥。 王 胜摄 全球每5双运动鞋中有1双来自晋江，全球每3件陶瓷工艺品中有1件来自德化，全国每5件冲锋衣中有1件 来自石狮……作为"晋江经验"发源地，福建泉州有着发达的民营经济，经营主体总量已超165万户 ...

Core Insights - The article highlights the success stories of private enterprises in Quanzhou, emphasizing their perseverance and commitment to manufacturing, which has led to significant growth and market presence [1][2]. Group 1: Success Stories - The founder of Xunxing Zipper, Shi Nengkeng, transformed a small business selling zippers into a large enterprise with an annual revenue of 2 billion yuan [1]. - Hong Zhao, the founder of Qipai Menswear, started with 300 yuan and grew the brand to over 3,500 stores, showcasing innovation and market differentiation [1]. Group 2: Industry Characteristics - Quanzhou's private enterprises have evolved from processing to creating their own brands, demonstrating resilience and a focus on core business despite challenges [1][2]. - The manufacturing sector in Quanzhou is characterized by high investment costs and long return cycles, yet companies have chosen to focus on their main business rather than quick profits [1]. Group 3: Economic Contribution - Private enterprises contribute significantly to Quanzhou's economy, accounting for 70% of local tax revenue, 80% of regional GDP, and 90% of technological innovations [2]. - The private sector has become a defining feature and advantage of Quanzhou's development, highlighting its importance in job creation and enterprise growth [2]. Group 4: Future Outlook - Despite facing challenges, the potential of the vast domestic market and opportunities from technological revolutions are seen as avenues for growth [2]. - The article emphasizes the need for both government and enterprises to maintain confidence and determination to foster the emergence of more enduring private enterprises [2].

图片来源：Costfoto/NurPhoto via Getty Images 露露乐蒙（Lululemon）已对开市客（Costco）提起诉讼，指控这家仓储式会员店运营商销售其部分流 行运动休闲服饰的低价仿品。露露乐蒙在其向美国加州中区联邦地区法院提交的诉状中称，开市客通过 销售未经授权许可、侵犯其专利的山寨版服装，利用其声誉、商誉和劳动成果"非法牟利"。 露露乐蒙指控开市客通过流行品牌产品的制造商，为其自有品牌Kirkland生产产品，但该公司和制造商 并未告知消费者许多Kirkland自有品牌商品与露露乐蒙产品之间的联系。露露乐蒙声称，正因如此，至 少部分消费者相信Kirkland品牌商品是由"原版"产品的正宗供应商制造。露露乐蒙称开市客并未尝试消 除这种模糊性。 露露乐蒙公司一位发言人在声明中表示："作为一家以创新引领的公司，我们在产品研发和设计上投入 巨资，我们非常严肃地承担起保护和维护知识产权的责任，并在必要时采取适当的法律行动。" 露露乐蒙称开市客正在仿制的部分产品包括其热销的Scuba连帽衫、Define夹克和ABC长裤。 露露乐蒙声称，开市客销售的其中一款仿制品是Hi-Tec男士Scuba全 ...

财报显示，广发基金旗下广发稳健增长混合A为伟星股份前十大股东，今年一季度增持。今年以来收益率2.46%，同类排名 16(总59)。 广发稳健增长混合A基金经理为傅友兴。 简历显示，傅友兴先生:中国籍,经济学硕士,持有基金业执业资格证书,2002年2月至2006年3月先后任天同基金管理有限公司 研究员、基金经理助理、投委会秘书,广发基金管理有限公司研究发展部研究员、基金经理助理、研究发展部副总经理、研 究发展部总经理、权益投资一部副总经理、广发聚丰混合型证券投资基金基金经理(自2013年2月5日至2016年2月23日)、广 发稳安保本混合型证券投资基金基金经理(自2016年2月4日至2017年8月4日)、广发多因子灵活配置混合型证券投资基金基金 经理(自2016年12月30日至2018年1月9日)、广发聚安混合型证券投资基金基金经理(自2017年3月1日至2018年3月14日)、广发 鑫和灵活配置混合型证券投资基金基金经理(自2018年1月29日至2019年8月15日)、广发优企精选灵活配置混合型证券投资基 金基金经理(自2016年8月4日至2020年7月13日)。现任广发基金管理有限公司价值投资部总经理、广发 ...

Group 1: Company Performance and Market Conditions - The company faces short-term pressure on order intake due to uncertainties from tariff policies and weak end-consumer demand in the apparel sector [1] - The company aims to become a "global, innovative fashion accessory kingdom" over the next five to ten years, focusing on the apparel accessory sector despite current market challenges [1] - The company has experienced rapid growth in recent years by enhancing its core competitiveness through digital manufacturing and international production bases [1] Group 2: Competitive Landscape - The global apparel accessory industry is mature, making it difficult for new large-scale suppliers to emerge, although tariff changes may accelerate international order migration [3] - The company differentiates itself from competitors like YKK by emphasizing a "product + service" model, focusing on quality products and comprehensive service [2] - The company holds a strong competitive advantage in product diversity, fashionability, and innovation, which aligns with increasing demands from downstream apparel brands [2] Group 3: Sales and Supply Chain Strategy - The company sells products directly through subsidiaries and offices, with buttons and zippers representing a small portion of garment costs [4] - Downstream clients prioritize product development capabilities, delivery times, and overall service quality over price when selecting suppliers [4] - The establishment of a manufacturing base in Vietnam enhances supply chain stability and increases global delivery capabilities, leading to improved customer retention and market share [5] Group 4: Business Segmentation and Future Outlook - The button market is limited in size compared to zippers, which have broader applications across various sectors, indicating a more fragmented competitive landscape for buttons [7] - The company is the largest button manufacturer globally but sees greater growth potential in the zipper business, which currently has a smaller market share [7] - Future profit margins are expected to remain stable through revenue growth from new projects and production capacity, with a focus on sustainable profit levels rather than solely high margins [8] Group 5: Corporate Culture and Governance - The company's core competitive advantage lies in its strong corporate culture and experienced management team, which emphasizes sustainable development and innovation [9] - The company plans to implement appropriate incentive measures for its core team in the future, although no specific plans are currently in place [11] - Annual profit distribution plans will be developed based on profitability, future development needs, and shareholder interests [10]

2024年9月，上海市杨浦区市场监管局依法对上海爱豆菌文化传播有限公司为侵犯他人注册商标专用权 行为提供便利的违法行为作出行政处罚，罚款66万元，并将相关售假线索移送属地市场监管部门。 2024年4月，该局在走访某互联网视频平台时，得知近期出现了一批推广假冒耐克、路易威登等国际知 名品牌运动鞋的视频，尽管平台已采取视频下架、账号封禁等管理措施，但因为同商标权利人没有直接 沟通渠道，无法精准定位打击传播链条。执法人员迅速与相关商标权利人联系，在商标权利人、平台运 营方的密切配合下，锁定售假源头及背后推广营销产业链条。经查，当事人作为广告代理商，在未对视 频内容进行审核的情况下，为4个售假视频提供流量推广服务，共收取推广费33万元。当事人的上述行 为构成《中华人民共和国商标法》第五十七条第（六）项及《中华人民共和国商标法实施条例》第七十 五条规定的侵权行为，杨浦区市场监管局依法作出行政处罚。 据市场监管总局消息，2024年，各地市场监管部门深入开展"守护知识产权"专项执法行动，平等保护中 外商标权利人合法权益，有力维护消费者合法权益，取得积极成效。市场监管总局选取部分商标行政执 法典型案件，现予公布。 案例一 江 ...

Core Insights - Suzhou Moment Cultural Creative Co., Ltd. showcased its innovative cultural products at the Shenzhen Cultural Expo, highlighting the integration of traditional craftsmanship with modern aesthetics [1][2] - The company has established a comprehensive cultural industry chain, covering design and digital marketing, and has accumulated over 200 intellectual property rights and more than 5,900 art works copyright by the end of 2024 [1] - The company aims to target young consumers with differentiated products across various categories, including home decor and pet supplies [1][2] Company Overview - Suzhou Moment Cultural Creative Co., Ltd. is based in Changshu High-tech Industrial Development Zone and operates as a comprehensive cultural IP company [1] - The company has developed platforms such as "Art Duck Smart Creation Center" and "Digital Cultural Co-creation Space," receiving multiple provincial and municipal honors [1] - The "Fast Duck Manufacturing" brand has been recognized as a high-tech enterprise, showcasing strong innovation capabilities and growth potential [1] Product Highlights - The "Cabbage Shaped Pillow" combines vegetable design with practical functions, suitable for home and office use, while the "Dog Eggplant Pillow" features a unique hand-drawn style [2] - The "Hongna" brand offers products like "National Style Cat Zipper Canvas Bag" and "Panda Canvas Bag," which are popular among attendees for their cute animal designs [2] Future Strategy - The company plans to deepen the integration of cultural and technological innovation, aiming to infuse traditional culture with more intelligence and vitality [2] - There is a focus on exploring the youthful and trendy expression of traditional cultural elements, particularly the non-material cultural heritage and craftsmanship from Suzhou and across the country [2]

一、 5 月 12 日凌晨 call 《大概率超预期！"实质性进展"和"建设性成果"，具体等周一发布会，倾向利好市场风偏提升 和科技成长行情》 《中美日内瓦经贸会谈联合声明》大大超所有市场方预期，双方均新增了 24%关税的暂停措施（90天），但保留10%关 税，整体较4月7日前的34%关税水平有所降低。非关税反制措施也将暂停或取消。今天复盘不那么重要了，关键看你上 了多少仓位并且是否按照我们最近一直强call的科技和出口链方向，预计明天出口链修复（T链、果链等）、科技成长 （机器人、AI等）、互金弹性等方向会领涨市场。 熟悉我们的朋友都知道我们从节前就一直开始看好我们最终胜出，呼吁布局科技成长方向机会，我们主要是给大家秀 4月 以来我们一起给大家提供体验福利的《题材王中王》圈子的推荐实力和精准逻辑，就在今天凌晨3点多新华社国际弹出， 我们全天24小时服务在线，立即在圈子里同步中方发布会：中美经贸高层会谈取得了实质性进展 达成了重要共识，同时 外媒报道，贝森特："取得实质性进展"和"很有建设性的成果" 那么明天出口链哪些票还有上车机会？军工行情还能持续多久？谁的持续性更久？ 机器人和AI分别有哪些新的资金进攻方 ...

弘则出口企业四月调研反馈，关税影响下的出口企业现状 如何？20250508 • 美国对等关税于 2025 年 4 月生效后，中国对美出口大幅下降，许多企业 暂停发货或退回货物，对跨境电商及相关产业造成严重冲击。拉链、电动 工具、汽车零部件等行业受影响显著，部分企业订单减少甚至腰斩。 • 面对美国新政策，中国企业采取不同应对策略，包括囤货、调整出口目的 地、海外建厂等。部分商品如割草机因备货需求短期增长后订单被取消， 而另一些商品则直接暂停发货。 • 目前仍能继续出口美国的产品主要是单价较低且利润较高的商品，这些商 品即便加上高额关税，进口商仍能承担成本。高性价比产品也有出口动力， 但无性价比或无法盈利的产品则停止出口。 • 美国对等关税显著推动了国内通胀水平，多数进口产品已普遍加征 15%- 20%的关税，导致生产者价格指数（PPI）和消费者价格指数（CPI）相应 增加，对美国经济产生负面影响。 • 中国出口企业采取自救方法，包括继续发货性价比高的商品、通过东南亚 代工厂转移生产、拓展其他国际市场。但短期内拓展新市场难以快速实现， 需要时间逐步调整策略。 Q&A 摘要 特朗普政府的惩罚性关税落地后，中国出口企 ...