Group 1 - The core viewpoint of the news is that EVE Energy Co., Ltd. has seen a significant increase in its stock price, rising 5.23% on September 25, reaching 80.33 yuan per share, with a total market capitalization of 164.33 billion yuan [1] - EVE Energy's stock has experienced a continuous increase for four consecutive days, with a cumulative increase of 8.31% during this period [1] - The company's main business includes the research, production, and sales of consumer batteries (including lithium primary batteries, small lithium-ion batteries, and ternary cylindrical batteries) and power batteries (including electric vehicle batteries and energy storage batteries) [1] Group 2 - According to data, a fund under Bank of China Securities holds a significant position in EVE Energy, with the Bank of China Securities ChiNext ETF (159821) being the tenth largest holding [2] - The fund reduced its holdings by 2,200 shares in the second quarter, maintaining 8,265 shares, which accounts for 1.66% of the fund's net value [2] - The fund has achieved a year-to-date return of 49.39% and a one-year return of 98.01%, ranking 680 out of 4,220 and 551 out of 3,820 in its category, respectively [2]

深度重构能源结构 每消耗3千瓦时电，就有2千瓦时来自清洁能源。"十四五"以来，通过推动能源结构深度重构，广西能源从过 去以水火为主发展为风光水火核蓄储多元协同的格局。风、光等新能源更是从零发展到千万千瓦级规模。 近期，广西首座抽水蓄能电站配套工程——南宁抽水蓄能电站500千伏送出线路工程顺利投产。该工程将为抽 水蓄能电站提前搭建稳定的电能输送通道，预计每年存储输送清洁能源约15.1亿千瓦时。 南宁抽水蓄能电站是国家"十四五"重点工程，也是"十四五"华南地区首个抽水蓄能工程，总投资超80亿元， 建设装机容量120万千瓦，计划今年年底建成投产。当前，广西8个在建抽水蓄能工程总规模接近1000万千 瓦。 "十四五"期间，广西新能源装机年均增速达40.9%。截至今年6月，广西电源总装机容量1.1亿千瓦，清洁能源 占比超七成。其中新能源装机5329万千瓦，占总装机的48.5%，是广西第一大电源。光伏、风电装机分别达 2792万千瓦、2272万千瓦，与2020年相比分别增长13.6倍、3.5倍。 伴随新能源快速发展与大规模接入，广西电网网架结构、调度模式、运行方式也进行了创新变革。以数字化 绿色化协同，促进新型电力系统和 ...

Group 1 - The core viewpoint of the news highlights the trading performance and financial metrics of EVE Energy Co., Ltd. on September 17, including a slight increase in stock price and significant financing activities [1] - On September 17, EVE Energy had a financing buy-in amount of 1.03 billion, with a net financing buy of 197 million, indicating strong investor interest [1] - The total financing and securities balance of EVE Energy reached 3.69 billion, which is at a high level compared to the past year [1] Group 2 - As of June 30, EVE Energy reported a total revenue of 28.17 billion for the first half of 2025, reflecting a year-on-year growth of 30.06%, while the net profit attributable to shareholders decreased by 24.90% to 1.61 billion [2] - The company has distributed a total of 3.64 billion in dividends since its A-share listing, with 2.87 billion distributed in the last three years [3] - The number of shareholders decreased by 1.97% to 139,700, while the average circulating shares per person increased by 2.01% to 13,326 shares [2]

12国16家海外华文媒体参访福建宁德 9月13日晚，"把闽东之光传播开去"——海外华文媒体宁德行活动在福建省宁德市启动，此次活动 共有12国16家海外华文媒体代表前来参访。图为"东湖之星"文艺沙龙现场，海外华文媒体代表体验"零 碳文旅"、共赏文艺沙龙。中新社记者 吕明 摄 9月14日，"把闽东之光传播开去"——海外华文媒体宁德行活动走进福建宁德，领略闽东的锦绣河 山，感知闽东的灿烂文化，此次活动共有12国16家海外华文媒体代表前来参访。图为海外华文媒体代表 参观福建天天源生物科技有限公司产品展示区。中新社记者 吕明 摄 9月14日，"把闽东之光传播开去"——海外华文媒体宁德行活动走进福建宁德，领略闽东的锦绣河 山，感知闽东的灿烂文化，此次活动共有12国16家海外华文媒体代表前来参访。图为海外华文媒体代表 参观古田县临水宫祖庙，了解陈靖姑信俗文化。中新社记者 吕明 摄 9月14日，"把闽东之光传播开去"——海外华文媒体宁德行活动走进福建宁德，领略闽东的锦绣河 山，感知闽东的灿烂文化，此次活动共有12国16家海外华文媒体代表前来参访。图为海外华文媒体代表 在古田县临水宫祖庙前合影留念。中新社记者 吕明 摄 来源： ...

Group 1 - The core viewpoint of the news is the performance and market position of EVE Energy Co., Ltd., which saw a stock price increase of 5.29% to 75.49 CNY per share, with a total market capitalization of 154.43 billion CNY [1] - EVE Energy's main business includes the research, production, and sales of consumer batteries (including lithium primary batteries, small lithium-ion batteries, and ternary cylindrical batteries) and power batteries (including electric vehicle batteries and energy storage batteries) [1] - The revenue composition of EVE Energy is as follows: power batteries account for 45.26%, energy storage batteries 36.56%, consumer batteries 18.03%, and others 0.16% [1] Group 2 - From the perspective of fund holdings, EVE Energy is a top ten holding in the Yongying Fund, with the Yongying Growth A Fund reducing its holdings by 19,900 shares, now holding 228,100 shares, which represents 1.59% of the fund's net value [2] - The Yongying Growth A Fund has achieved a year-to-date return of 42.39% and a one-year return of 92.43%, ranking 713 out of 4222 and 537 out of 3800 in its category, respectively [2] - The fund manager, Liu Tingyu, has a tenure of 2 years and 31 days, with the fund's total asset size at 9.046 billion CNY and the best return during his tenure being 86.28% [3]

Group 1 - The core point of the news is that EVE Energy Co., Ltd. has seen a stock price increase of 5.29%, reaching 75.49 CNY per share, with a trading volume of 6.205 billion CNY and a turnover rate of 4.54%, resulting in a total market capitalization of 154.432 billion CNY [1] - EVE Energy's main business includes the research, production, and sales of consumer batteries (including lithium primary batteries, small lithium-ion batteries, and ternary cylindrical batteries) and power batteries (including new energy vehicle batteries and energy storage batteries), with revenue composition being 45.26% from power batteries, 36.56% from energy storage batteries, and 18.03% from consumer batteries [1] Group 2 - From the perspective of major holdings in funds, data shows that a fund under Bank of China Securities has a significant position in EVE Energy, specifically the Bank of China Securities ChiNext ETF (159821), which reduced its holdings by 2,200 shares in the second quarter, now holding 8,265 shares, accounting for 1.66% of the fund's net value, ranking as the tenth largest holding [2] - The Bank of China Securities ChiNext ETF (159821) has a current scale of 22.8425 million CNY and has achieved a return of 43.25% this year, ranking 663 out of 4,222 in its category, with a one-year return of 96.75%, ranking 429 out of 3,800 [2]

«——【·前言·】——» 扛不住特朗普施加的压力，墨西哥终于决定跪了，而且反手就狠咬中国一口。据美媒《华尔街日报》日前发布的消息，美国将在未来几周 内启动《美加墨协定》重新谈判的首个正式步骤，也就是向企业和工会征求意见，以确保该协定能够符合美国利益。 几乎是同一时间，美国国务卿鲁比奥抵达墨西哥，同该国总统辛鲍姆举行会谈，重点谈及所谓"贸易与非贸易壁垒"。很明显，急于做出成 绩的特朗普已经不想再给墨西哥保留颜面，起手就是刀刀见血的外交、贸易双重施压。 «——【·关税枷锁下的战略逼宫·】——» 2025年9月的墨西哥城迎来一场决定国家贸易走向的外交博弈。美国国务院宣布启动《美加墨协定》重新谈判的消息刚出，国务卿鲁比奥 的专机已降落在墨西哥国际机场。 这场被美媒称为"规则重塑"的会谈，将墨西哥总统辛鲍姆推到了艰难抉择的悬崖边。美国政府的意图直白且强硬，通过修改区域贸易规则 中的原产地条款，将北美产业链彻底捆绑在美国利益之下。 汽车产业成为这场博弈的焦点战场。数据显示，墨西哥对美出口的汽车及零部件占美国同类进口的四成份额，2024年输美汽车达280万 辆，占其总产量的近七成。 但美国新修订的规则将汽车零部件北美产地要 ...

1. Report Industry Investment Rating No information provided. 2. Core Viewpoints of the Report - Europe's decline is a chronic process, with industrial hollowing - out being a representative phenomenon, which is the result of the continuous decline of European manufacturing competitiveness and is further amplified by the global industrial chain reconstruction [1][13]. - The direct cause of European industrial hollowing - out is the energy crisis and cost imbalance, while the deeper reason is the long - term "capital laziness, lack of enterprise, and poor financing environment for technology companies", leading to Europe missing technological revolutions [13]. - The exhaustion of innovation momentum has made Europe lag behind in disruptive technology fields, and industrial hollowing - out has caused social chain reactions, leading to a right - shift in the political spectrum [2][14]. 3. Summary by Related Catalogs 3.1 European Different Regions' Pillar Industries - Northern Europe focuses on green technology and high - value - added industries, with leading positions in clean energy and high - end manufacturing [15]. - Western Europe is dominated by advanced manufacturing and high - end services, with strengths in aerospace, semiconductors, finance, and luxury industries [16][17]. - Central Europe is a manufacturing cluster base, especially Germany in high - end and precision manufacturing, and also has some mid - low - end manufacturing [17]. - Southern Europe relies on tourism and agriculture, with Italy and Spain having relatively complete manufacturing systems [18]. - Eastern Europe is resource - driven and has received some industrial transfers, but also faces geopolitical challenges [18]. - Northern, Western, and Central Europe have better economic development and more high - end pillar industries, while Eastern and Southern Europe are relatively backward [19]. 3.2 European Industrial Transfer and Industrial Hollowing - out Trend - The industrial hollowing - out is manifested in the decline of the manufacturing share in GDP, the transfer of production lines, and the loss of control over key industrial chain links [13]. - Taking the automotive industry as an example, the global automotive industry chain has gone through four stages of transfer, and European automotive industry's market share has declined since 2013 [35][36]. - The machinery manufacturing industry has also experienced three stages of transfer, and European industrial transfer is mostly in the third or fourth round and is difficult to reverse [42][58]. 3.3 European Political Spectrum Right - shift and Policy Helplessness - Central and Western European economies are more right - leaning, corresponding to economically strong countries and regions with industrial losses [59]. - From 2018 to 2025, the European political spectrum has shifted significantly to the right, with an increase in the average value from 0.97 to 1.48 [62]. - The right - shift is due to traditional parties' inability to solve economic and social problems, but right - wing parties' solutions cannot address the core issues [66].

Group 1 - The 11th International Invention Exhibition and the 33rd Guangzhou Fair are being held simultaneously for the first time, showcasing over 2,000 innovative achievements from more than 30 countries and regions [1][2] - The International Invention Exhibition is one of the highest-level international exhibitions in China's invention and innovation field, featuring multiple themed exhibition areas such as international, new productivity development, and national defense technology innovation [1][2] - The event aims to facilitate the seamless connection between invention and industrial transformation, allowing more innovative results to transition from "laboratories" to "production lines" [3] Group 2 - Guangzhou is positioned as a significant "source" of technological innovation and is actively building an international consumer center city, focusing on national strategic technology forces and technology achievement transformation platforms [2] - The technology innovation competition attracted over 300 participants from more than 10 countries, covering seven categories, and awarded 18 gold, 32 silver, and 28 bronze medals [2] - The exhibition attracted over 100,000 attendees and garnered more than 1 million online views, serving as a platform for international exchange and cooperation [3]

Core Insights - China is tightening control over strategic resources, specifically antimony and gallium, which are critical for high-tech industries such as semiconductors, 5G, and electric vehicles [1][3][4] - Antimony is essential for stabilizing semiconductor performance, while gallium is crucial for components in 5G technology and LED screens [3][4] - China's dominance in the global supply of these materials is significant, with nearly 40% of antimony reserves and over 80% of gallium production concentrated in the country [3][4] Antimony and Gallium Importance - Antimony serves as a stabilizer in semiconductor manufacturing, enhancing the efficiency of current conduction in transistors [1][3] - Gallium is indispensable for high-frequency applications in 5G and is a key component in LED technology and satellite communications [3][4] Global Supply Dynamics - China controls over 90% of the high-purity antimony processing capacity, making it a critical player in the supply chain [3][4] - The extraction of gallium is technically challenging, as it is derived from aluminum ore processing waste, further solidifying China's position in the market [3][4] Strategic Resource Management - The scarcity of antimony and gallium, along with the difficulty in finding suitable substitutes, makes China's control over these resources even more critical compared to rare earth elements [4][6] - China's management of these resources is a response to past experiences of being "choked" by foreign restrictions on technology and materials [4][6] Long-term Vision - The current strategy aims to ensure sustainable resource management for future generations, avoiding the pitfalls of past resource exploitation [6][8] - By regulating the supply of antimony and gallium, China seeks to encourage global industries to diversify their supply chains and reduce dependency on a single source [8]