Core Insights - The sugar production in Guangxi for the 2024-2025 season is projected to reach 6.465 million tons, an increase of 283,600 tons year-on-year, with the sugarcane planting area expanding to 11.35 million acres, up by 110,000 acres, reflecting ongoing technological innovation and transformation in the sugar industry [1] - China is a significant producer and consumer of sugar, with an annual production of approximately 10 million tons, accounting for 5.6% of global output, while the consumption ranges from 15 to 16 million tons, indicating a supply gap that needs to be filled through imports [1] - Guangxi, as the largest sugarcane planting base and main sugar production area in China, contributes around 60% of the national sugarcane planting area and sugar production, playing a crucial role in ensuring national sugar supply security [1] Industry Transformation - Historically, the sugar industry's profits were concentrated in the crude processing of "white sugar," characterized by a short industrial chain and low added value. Guangxi is breaking this dependency by developing deep processing of sugarcane and comprehensive utilization of by-products, leading to a diversified development of the sugar industry [2] - The utilization rates of sugarcane by-products in Guangxi have reached 100% for bagasse, molasses, and filter mud, while the comprehensive utilization rate of cane leaves has surpassed 40%, indicating a shift from a raw material-oriented approach to a full-chain value enhancement [2] - The sugar industry in Guangxi is not limited to agriculture but is integrated into regional economic planning, promoting deep collaboration among agriculture, industry, culture, tourism, and technology [2] Cultural and Economic Integration - Guangxi is leveraging its "sugar culture" to develop cultural tourism projects, such as establishing "Sugar Museums" and "Cane Harvest Festivals," attracting urban tourists to experience sugar production, thereby enhancing the emotional value and outreach of traditional sugar industry [3] - The region's proximity to Vietnam provides a natural advantage for cross-border agricultural cooperation, with Guangxi actively promoting a new cross-border model of "Vietnamese sugarcane planting + Guangxi sugar processing," effectively alleviating domestic sugar supply tensions and enhancing regional integration [3] - The quantity of sugarcane imported from Vietnam is expected to nearly double in the 2024-2025 season, reflecting Guangxi's proactive integration into international agricultural division of labor under the RCEP framework [3] High-Quality Development - The high-quality development of Guangxi's sugar industry represents a significant exploration of the modern agricultural path characterized by "technology + green + integration," transitioning from a "sweet economy" to a "strong industry" [4] - This transformation not only boosts farmers' income and rural revitalization but also provides a "Guangxi model" for agricultural transformation across the country, positioning sugarcane as a source of innovation for the future sugar industry [4]

众鑫股份 20250708 摘要 公司预计 2025 年业绩良好，三季度订单充足，但美国对泰国产品征收 36%关税构成不确定性。公司判断最终关税可能低于 36%，即使维持 36%，由于产能稀缺，对公司影响有限。 泰国产能一期已完全达产达标，运行正常，仍有 20%潜力。除原有客户 外，新增 Packtive 和 ECO product 等重要客户，表明美国市场需求稳 定，新建工厂需时较长，公司对未来几年市场乐观。 二季度因供应链问题，实际出货量低于预期，主要受包装和海运集装箱 短缺影响，但情况逐步改善，预计两三个月内恢复正常。大客户库存充 足，优先保障大客户供应。 美国客户定制模具依赖中国工厂，因其产能高且能承接柔性定制化订单。 即使有双反政策，客户应急方案首选淋膜纸而非 PLA，主流供货渠道畅 通后将恢复使用甘蔗渣产品。 2025 年上半年开发 170 多套新样品模具，表明美国市场未受关税影响， 新产品开发按计划进行。公司采用 FOB 定价，关税由客户承担，成本压 力可向下游传递。 Q&A 请介绍一下众兴股份目前在国内和泰国的生产情况以及订单状况。 目前，众兴股份在国内和泰国的生产情况都很正常。泰国工厂已经满 ...

纸浆：高库存压力延续，浆价低位震荡运行 正信期货纸浆周报 20250707 研究员：赵婷 审核：王艳红 投资咨询编号：Z0016344 投资咨询编号：Z0010675 Email: zhaot@zxqh.net Tel：027-68851659 内容要点 1目 录 C ONTENTS 234 纸浆价格分析 纸浆供应端分析 纸浆需求端分析 纸浆库存端分析 PPT模板：www.1ppt.com/moban/ PPT素材：www.1ppt.com/sucai/ PPT背景：www.1ppt.com/beijing/ PPT图表：www.1ppt.com/tubiao/ PPT下载：www.1ppt.com/xiazai/ PPT教程： www.1ppt.com/powerpoint/ 资料下载：www.1ppt.com/ziliao/ 范文下载：www.1ppt.com/fanwen/ 试卷下载：www.1ppt.com/shiti/ 教案下载：www.1ppt.com/jiaoan/ PPT论坛：www.1ppt.cn PPT课件：www.1ppt.com/kejian/ 语文课件：www.1ppt.com/ke ...

Pir the g 这套设备始用于今年2月，之前测量土壤墒情用的是手持检测仪，现在已经无需下地。 甘蔗智慧农场无人机作业。 蓝天下，成人高的甘蔗一望无际，6月蔗海已成景，蔗叶随风摇曳，激起层层绿浪。 抬头，目光所至，一架无人机在施肥。 让记者感到意外的是，无人机时喷时停，并没有"雨露均沾"。 走进位于崇左市江州区罗白乡的广西首个甘蔗智慧农场，我们与这个"小特别"不期而至。 "所喷之处甘蔗需要施肥。"中粮广西益兴现代农业科技发展有限公司负责人陆光艺介绍，无人机飞行地块甘蔗长势不一，所以选择精确追肥，力争甘蔗 共同进步。 农场面积超过2700亩，不可能通过人工发现"落后分子"。"我们通过多光谱无人机识别。"陆光艺说。 甘蔗是否高产，与有效茎多少成正比。"多光谱无人机成像下，偏红区域代表没有植株，需要补种。"陆光艺指着甘蔗种植AI大模型数字大屏说，通过这 一手段，一年宿根每亩有效茎超过8000，高产有保障。 走在蔗区，土壤墒情检测设备、甘蔗智能虫情预警装置、智能化杀虫灯等物联网数据箱如同地头"心电图仪"，土壤墒情、作物长势等28项指标实时上传 云端。"如果甘蔗有心跳，我们可以听见。"陆光艺笑称。 随行的崇左市农机中 ...

Group 1: Export Growth and Market Expansion - The largest land port for automobile exports in China, Horgos, is experiencing a surge in vehicle exports, with daily long queues for customs checks [1] - Jiangsu Doremi Automotive Technology Co., Ltd. reported sales of 98 million yuan last year, with expectations to exceed 120 million yuan this year, highlighting Central Asia as a new growth point [1] - In the first five months of this year, the total import and export value of Zhenjiang reached 43.62 billion yuan, a historical high for the same period, with a year-on-year growth of 5.5% [1] Group 2: Innovation and Product Development - Jiangsu Wode Agricultural Machinery Co., Ltd. achieved overseas sales of 1.25 billion yuan from January to May, a 34% increase year-on-year, driven by product innovation [2] - The company has developed products tailored for international markets, including palm harvesting machines for Southeast Asia [2] - Zhenjiang Shipyard Group signed contracts for eight deep-water anchor handling vessels and one of the largest sulfur transport vessels, with delivery dates extending to 2028 [2] Group 3: Cross-Border E-commerce and New Business Models - Zhenjiang has established a cross-border e-commerce platform to enhance trade capabilities, with over 850 cross-border e-commerce companies formed in the region [5] - The city is focusing on developing nine cross-border e-commerce industrial belts, including hardware tools and automotive parts [5] - Zhenjiang Jinzhitai Textile Co., Ltd. has expanded its market reach beyond the U.S. to Japan, Australia, and Europe, achieving over 20% growth in non-U.S. markets [4] Group 4: Policy Support and Trade Facilitation - The RCEP agreement has provided tariff reductions, enhancing the competitiveness of Zhenjiang's products in markets like Japan and Southeast Asia, with a 20% increase in orders for certain products [6] - Zhenjiang Customs is actively guiding companies to utilize policy benefits, improving export clearance efficiency through tailored services [6] - The city is promoting online sales of foreign trade products, facilitating connections between local exporters and e-commerce platforms [6]

Core Viewpoint - The article highlights the advancements in agricultural mechanization in Hainan, particularly focusing on the development and demonstration of smart agricultural machinery for tropical crops, which aims to enhance production efficiency and reduce labor costs [2][4]. Group 1: Agricultural Mechanization Developments - A pineapple harvesting machine demonstrated its capability to replace seven to eight manual workers, showcasing the efficiency of mechanization in agriculture [2]. - The event featured various smart agricultural devices, including a remote-controlled grass cutter and intelligent rubber tapping machines, which are designed to improve operational efficiency and reduce labor dependency [3][4]. - The Hainan government is actively promoting the research and application of smart agricultural equipment, with plans to support the mechanization of tropical crop production processes [4]. Group 2: Training and Collaboration - A training session for the mechanization of tropical crop production was held in Danzhou, attracting participants from various provinces to observe and learn about innovative agricultural technologies [2]. - The event was organized by the Ministry of Agriculture and Rural Affairs and the provincial agricultural department, indicating a collaborative effort to enhance agricultural practices [2].

7月2日，记者从自治区政府新闻办举行的"以实干实绩实效推动广西高质量发展"系列主题新闻发布 会（第八场）获悉，一年多来，广西实施糖料蔗生产提质降本增效、糖业科技创新，制糖企业改造升级 三年行动，推动糖业高质量发展取得明显成效。广西糖料蔗种植面积和食糖产量连续34个榨季居全国第 一。 糖业产业链加快延伸。来宾市建成全国最大的蔗渣环保餐具生产与出口基地，崇左市开发生产甘蔗 醋、甘蔗啤酒等新型产品。中粮崇左糖业注射级药用糖项目进入试产，凤糖生化甘蔗植物水"破茧成 蝶"，"蔗叶换蔗渣"入炉燃烧试点取得显著经济效益。全区蔗渣、糖蜜、滤泥利用率实现100%，蔗叶离 田综合利用率突破40%。 国际合作有突破。广西积极探索"越南种蔗+广西制糖"糖业合作新模式，崇左市龙州县、大新县与 越南高平省有关地区分别签署合作种植甘蔗框架协议、原料蔗种植和出口的合作谅解备忘录；多家制糖 企业已在越南发展原料基地约3.6万亩，并开展技术交流。（周红梅） 据介绍，2024/25年榨季，全区糖料蔗种植面积达到1135万亩、同比增加11万亩，食糖产量超过640 万吨、同比增加28万吨。种子安全方面，全区已建有组培苗生产机构（企业）13家、种茎加工 ...

广西是中国的"糖罐子"，糖料蔗种植面积和食糖产量占全国60%左右。为确保制糖原料的有效供给，广 西认真执行《广西糖料蔗生产保护区管理办法(试行)》，2022年—2024年，累计清理非蔗作物112万 亩，恢复种蔗102万亩。2024/2025年榨季，广西糖料蔗种植面积1135万亩，同比增加11万亩。 广西壮族自治区财政厅副厅长肖东海介绍，聚焦良种良法良田，近年来，广西筹措资金近20亿元，支持 实施糖料蔗种业振兴行动，推动糖料蔗良种良法技术推广。同时，广西统筹近8000万元涉糖专项资金， 支持甘蔗良种繁育体系建设、糖料蔗基础研究等关键领域，推动制糖企业实施数字化改造及技术创新。 广西壮族自治区农业机械化服务中心副主任罗朝东表示，为加快实现糖料蔗生产现代化，广西首创糖料 蔗割倒—转运—除杂—装车的机收模式，推动建成235个糖料蔗分步式机收服务点(除杂中心)，推动研 发适宜丘陵山区糖料蔗收获机具8款，总结形成甘蔗生产机械化技术模式。 7月2日，广西壮族自治区发展和改革委员会副主任林泽楠介绍，当前，广西积极探索"越南种蔗+广西 制糖"糖业合作新模式，多家制糖企业已在越南发展原料基地约3.6万亩，并开展技术交流。2024 ...

| CE KERD | 日度策略参 | | | | | | --- | --- | --- | --- | --- | --- | | 发布日期: 2025/07 | 人业资格号:F025 以 | | | | | | 趋势研判 | 行业板块 | 品种 | 逻辑观点精粹及策略参考 | 短期来看,在情绪和流动性的驱动下偏强震荡的概率较高,后续 | | | 关注宏观增量信息对股指方向的指引。 | 资产荒和弱经济利好债期,但短期央行提示利率风险,压制上涨 | 国债) | 震荡 | | | | 空间。 | 宏观金融 | 市场风险偏好改善, | 金价短期或承压;但关税不确定性仍高企, | 農汤 | 百金 | | 金价或难持续下挫,料震荡运行。 | 震荡 | 银价短期震荡为主。 | 白银 | | | | 近期美联储多位官员发表鸽派言论,市场风险偏好回升,叠加海 | 外挤仓行情发酵,短期铜价偏强。 | 近期美联储降息预期提升,市场风险偏好回升,叠加电解铝库存5 | | | | | 低位运行,铝价偏强运行。 | 美联储降息预期提升,市场风险偏好回归,商品价格上行,氧化 | 氢化铝 | 看多 | | | | 铝短期偏强。 | 供 ...

| CTE HERE | | | 日度策略参考 | | --- | --- | --- | --- | | 行业板块 | 品种 | 趋势研判 | 逻辑观点精粹及策略参考 | | | | | 短期内,a股市场流动性尚可,加上地缘政治冲突大幅缓解,海外 | | | | | 扰动减弱,股指预计偏强震荡。 | | 宏观金融 | 国债) | | 资产需和弱经济利好债期。但短期央行提示利率风险,压制上涨 空间。 | | | | | 市场风险偏好改善,金价短期或承压;但地缘和关税等不确定性 | | | | 農汤 | 仍高企,金价或难持续下挫,料震荡运行。 | | | 白银 | 震荡 | 银价短期震荡为主。 | | | 37 | | 近期美联储多位官员发表鸽派言论。再出口窗口打开情况下,铜 库存有望进一步下滑，铜价短期震荡偏强运行。 | | | | | 近期国内电解铝库存水平偏低,而下游需求进入淡季,铝价震荡 | | | | 農汤 | 运行。 | | | | | 氧化铝现货价格持续回调,但盘面价格更弱,期货维持贴水,限 | | | 氢化铝 | 黑汤 | 制下方空间。另一方面,冶炼端(现货)利润尚可,产量提升, | | | | ...