买得越多越划算 藏在"批发"里的经济学秘密 其次，边际成本的递减特性进一步放大了批发的价格优势。边际成本指的是每多生产或多运输一单位产 品所增加的成本。 制图王思祺 你有没有发现，在超市里单买一支笔要2元钱，而买一整盒10支却可能只需要15元，相当于一支才1.5 元。超市里单瓶购买的矿泉水售价2元，整箱24瓶采购的总价却只要30元，折合单价仅1.25元。这可不 是商家在搞"亏本买卖"，背后藏着一个有趣的经济学小秘密——规模经济。 规模经济，通俗来讲就是随着生产或采购规模的扩大，单位产品的平均成本逐渐下降的经济现象。简单 来说，就是"买得越多，单价越便宜"。这种成本下降并非偶然，而是与生产、流通、管理等多个环节息 息相关。 固定成本分摊让批发价低于零售价 首先是固定成本的分摊效应，是规模经济最核心的驱动力。任何生产经营活动都离不开固定成本，这类 成本不随产量或采购量的变化而增减。 我们以一家饮料工厂为例，为了生产，工厂需要建设厂房、购置生产线等，这些便是固定成本。假设一 条饮料生产线每年的固定成本是100万元，若全年只生产100万瓶饮料，每瓶饮料需要分摊的固定成本就 是1元；但如果我们将产量提升到1000万瓶时 ...

Group 1: Overview of Jiangsu Manufacturing - Jiangsu manufacturing is gaining popularity in overseas markets with small yet appealing products like paper, pens, sticky notes, and toothbrushes driving foreign trade growth [1] Group 2: Market Insights and Company Performance - Jiangsu Huateng Personal Care Products Co., Ltd. has successfully entered the high-end global market by adapting product formulations and designs based on regional preferences, achieving an annual foreign trade order growth of approximately 20% [2] - Jiangsu Sanxiao Group has embraced smart manufacturing, increasing production efficiency by over 50% and maintaining stable order volumes while enhancing product quality [2] - In the first eight months of the year, the export value of oral care products from Yangzhou reached 1.762 billion yuan, with toothbrush exports at 1.476 billion yuan, reflecting a year-on-year growth of 3.5% [2] Group 3: Export Trends in Stationery Products - After September, stationery products like cartoon sticky notes and colored loose-leaf paper experienced a surge in exports, with Jiangsu Fengxin Stationery Manufacturing Co., Ltd. leveraging its unique IP products to capture international markets [3] - The company has helped importers save approximately 890,000 yuan in tariffs, enhancing its market share and pricing power [3] - In the first eight months, another company, Lehui Stationery Nantong Co., Ltd., exported over 33 million yuan worth of stationery products to 28 countries and regions [3] Group 4: Trade Policies and Growth in Pen Manufacturing - Jiangsu Xiangzhao Stationery Co., Ltd. has seen its processing trade import and export value exceed 19 million yuan in the first eight months, a 1.8-fold increase from the previous year, aided by favorable customs policies [4] - The export of pens and their components from Jiangsu province reached 1.02 billion yuan, marking a year-on-year increase of 10.6% [4] Group 5: Paper Industry Expansion - Jiangsu Bohui Paper Industry Co., Ltd. reported an export value exceeding 500 million yuan in the first eight months, a 67.3% increase, driven by strong overseas demand [5] - The company has benefited from RCEP policies, issuing over 1,072 certificates of origin, which have reduced export costs and enhanced competitiveness in international markets [5] - The establishment of customs supervision sites has further reduced logistics costs for companies, ensuring a stable supply of raw materials [5]

Group 1: Cultural Development and Integration - The article highlights the cultural construction initiatives in Tonglu County, emphasizing the integration of culture with technology, tourism, and public welfare to create a modern cultural county [7][8][9] - The "141X" modern industrial system in Tonglu is being developed, focusing on logistics, visual intelligence, new energy, new materials, and life health, aiming to optimize the business environment and create a high-quality development growth pole [8][10] - The county has been recognized for its cultural heritage, with historical figures like Lu You and Yan Guang contributing to its cultural identity, which is now being leveraged for economic development [8][9] Group 2: Technological Advancements in Industry - Zhejiang Prismatic Optoelectronics Co., Ltd. is identified as a leading smart manufacturing base, focusing on digital technology applications and innovation in the automotive and educational sectors [9][10] - The company’s core technologies are widely applied in automotive-grade smart hardware solutions and AI-driven interactive products, enhancing user experiences across various sectors [10] - The traditional pen-making industry in the region has undergone significant upgrades, with a production capacity of 8.5 billion pens annually, showcasing the integration of cultural elements into product design to increase value [11][12] Group 3: Tourism Development - Tonglu County has been recognized as one of the top 100 counties for tourism in China, ranking 8th in 2025, reflecting its continuous improvement in tourism offerings [13][14] - Major investments in tourism projects, such as the 2 billion yuan Kaiyuan Senbo Resort and the 6 billion yuan Fuchun River Film and Television Base, are set to enhance the county's tourism landscape [14] - The county is innovating its tourism products by integrating technology and culture, such as the AR technology in scenic areas, to provide unique experiences for visitors [14][15] Group 4: Community and Social Initiatives - The New Era Civilization Practice Center in Tonglu has been upgraded to enhance community engagement through various cultural activities, promoting a sense of community and cultural appreciation [16][17] - Cultural commissioners are actively working to bring quality cultural resources to rural areas, enhancing local cultural vitality and community spirit [17][18] - Volunteer initiatives, such as providing handmade goods to the elderly and offering refreshments to workers, reflect the community's commitment to social responsibility and warmth [17][18]

Group 1 - Peru's economy is experiencing continuous growth, and the relationship between Peru and China is at its historical best, with over one-third of Peru's foreign trade directed towards China [1] - China is not only Peru's largest export market but also its biggest source of tourists and significant source of investment [1] - The event highlighted Peru's development in agriculture, mining, and renewable energy, as well as ongoing regional connectivity projects [1] Group 2 - Companies like Zhejiang Xuecun Refrigeration Equipment Co., Ltd. see opportunities in Peru's demand for refrigeration equipment due to its status as a major exporter of avocados, grapes, and blueberries [2] - The new port, Qian Kai Port, and the future "Two Oceans Railway" are expected to significantly reduce logistics time to South America, enhancing confidence in market opportunities [2] - Companies are planning to conduct on-site investigations in Peru to better understand the market and prepare for expansion [3]

Core Viewpoint - The announcement of "reciprocal tariffs" by the U.S. President Trump has created significant turmoil in global trade, particularly affecting companies like Beifa Group, which relies heavily on exports to the U.S. [3][5][10] Group 1: Impact of Tariffs - The U.S. will impose a 34% tariff on goods from China, which is unprecedented and poses a severe challenge for companies engaged in international trade [3][5] - Beifa Group, which holds a 16.5% share of China's pen export market, faces a potential loss of over $100 million in revenue due to the tariffs [8][10] - The company has approximately $60 million in existing orders and $17.5 million in transit orders for the U.S. market, which are now at risk [8][10] Group 2: Company Response - Beifa Group's leadership, under Chairman Qiu Zhiming, is actively assessing the impact of the tariffs and has initiated emergency meetings to strategize [8][11] - The company is considering increasing production capacity in Vietnam to take advantage of a temporary tariff exemption, aiming to double its output to 600 million pens annually [13][14] - Beifa has formed three teams to expedite overseas operations, with a focus on production and supply chain management [13][14] Group 3: Market Dynamics - As the tariff situation evolves, some U.S. customers are beginning to absorb the costs, leading to a partial resumption of orders from Beifa [17][18] - The company is leveraging its strong supply chain capabilities to maintain competitiveness, emphasizing that Chinese products offer superior value compared to alternatives from Southeast Asia [17][18] - Beifa's proactive approach includes exploring production options in various countries, including Egypt and Mexico, to mitigate risks associated with tariffs [17][18] Group 4: New Opportunities - Beifa Group is also focusing on its AI product line, which has shown promising demand at trade fairs, indicating potential for growth despite tariff challenges [20][22] - The company has received significant interest in its AI translation products, leading to immediate sales and partnerships during trade events [22][23] - Beifa anticipates maintaining a growth target of 20% to 30% for the year, despite the current market volatility [23]

转自：新华财经 5月14日早上9点，贝发京东自营店店长骆晨东已经坐在了京东办公区的工位上开启了一天的工作。这是 他驻场京东的第二周，也是他扛起贝发集团（以下简称"贝发"）首个网络店铺大旗后，全身心投入网店 运营学习的一段宝贵时光。 "接到京东驻场通知的时候，我既紧张又兴奋。"骆晨东回忆道，"贝发从来没有开过线上店铺，在这方 面还属于空白，梳理线上运营流程是当前的燃眉之急。京东不仅提供了驻场机会，还在开店流程、运 营、产品开发、营销获客方面给予了全方位的支持。"今天，他要和京东团队共同确定贝发京东自营店 需要上线的具体品类，为贝发3年内京东全渠道销售额达到10亿迈出重要一步。 京东助力贝发启动自救之路 骆晨东所供职的贝发，对许多消费者来说或许有些陌生，但其在文具行业早已声名远扬。这家成立于 1994年的制笔企业，从三十余人的制笔作坊起步，仅用两年的时间就以年销售额2600万美元的佳绩，超 过了当时上海四大制笔上市公司的总和。在之后的发展历程中，贝发集团不仅成立了业内首家制笔研究 中心，仅成立3年就将产品销售到世界80多个国家和地区，如今已销往200多个国家和地区，成了中国最 大的文具出口厂商。 2024年，贝发 ...

Company Overview - KAYOU Limited is a leading company in the pan-entertainment product sector, focusing on IP-based physical products such as toys and stationery [2] - The company has a diverse product range, with collectible card games being its core offering, and is expanding into other categories like figurines and stationery [2] Financial Performance - KAYOU's revenue is projected to grow significantly, with figures of 4.131 billion, 2.662 billion, and 10.057 billion RMB for the years 2022 to 2024, respectively, crossing the 10 billion RMB mark [2] - Operating profits for the same period are expected to be 1.803 billion, 0.831 billion, and 3.707 billion RMB, while net profits show a fluctuation with losses in 2022 and 2024 [2][3] - Adjusted net profits under non-IFRS measures are forecasted to be 1.620 billion, 0.934 billion, and 4.466 billion RMB for 2022 to 2024 [3] Market Position - KAYOU holds a leading market share in the pan-entertainment product industry, with 13.3% overall and 21.5% in the pan-entertainment toy sector, and dominates the collectible card game market with a 71.1% share [2] - The company is also the top player in the pan-entertainment stationery market with a 24.3% share [2] Industry Growth - The pan-entertainment product market in China is expected to grow from 91.9 billion RMB in 2019 to 174.1 billion RMB by 2024, with a compound annual growth rate (CAGR) of 13.6% [4] - The collectible card game segment is projected to grow at a remarkable CAGR of 56.6% from 2019 to 2024, representing 25.8% of the overall pan-entertainment toy market by 2024 [4] IP Dependency - KAYOU has a diverse IP matrix consisting of 70 IPs, but only one is proprietary, raising concerns about reliance on licensed IPs [5][6] - A significant portion of revenue comes from non-exclusive IP arrangements, with 96.0%, 82.3%, and 88.0% of total revenue derived from such products from 2022 to 2024 [6] - The company faces potential risks as 38 IP licensing agreements are set to expire by 2025, necessitating negotiations for renewals [6] Business Structure - The stationery segment has shown impressive growth, increasing from 20.9 million RMB to over 500 million RMB from 2022 to 2024, but remains a small part of overall revenue [7] - KAYOU's performance is heavily reliant on the collectible card game segment, indicating a risk associated with dependence on a single product line [7]