海闻社观察 不求永久，只争朝夕。 除管理费用外，公司其他成本指标同样不容乐观。公司的销售费用达到3167万元，同比增长7.38%，主要源于新产品投放相关费用增加；财务费用达到100.25万元，同比增长24.24%，主要受 期间费用总额达到9552.93万元，较上年同期增加1933.71万元，期间费用率高达16.65%，同比上升1.95个百分点。三费（销售、管理、财务费用）总计8460.25万元，占营收比14.74%，同 据了解，中路股份的海外困局与全球贸易环境变化密切相关。2025年4月，美国对台湾商品加征32%对等关税，虽后来降至20%，但8月7日正式实施。 关税政策对自行车行业造成严重冲击。美国市场占台湾自行车出口总量的33%，是仅次于欧盟的第二大市场。关税加征后，一般自行车输美税率达53%，电助力自行车（e-Bike）税率也达到42 中路股份在2024年年报中就曾表示，2025年将积极拓展市场，寻求出海机会。今年3月，公司宣布以千万美元级别投资高端自行车品牌Factor，正是其高端自行车出海战略的关键布局。 然而现实很残酷。中路股份在半年报中坦言："欧美市场整体需求仍然疲软"。美国市场受关税及商业不确定 ...

Group 1 - The 2025 China International Bicycle Exhibition in Shanghai attracted nearly 1,600 domestic and international exhibitors, marking a record scale for the event [1] - Notable participating companies included Ji Qi Co., Ltd., Zhonglu Co., Ltd., Ananda, Tuobang Co., Ltd., and Shanghai Phoenix [1] - Zhonglu Co., Ltd.'s subsidiary, Shanghai Forever Bicycle Co., Ltd., showcased its high-end sub-brand "Dragon Brand," which utilizes advanced materials and technologies to enter the high-end market [1] Group 2 - The "Dragon Brand" series includes two original products, "Yinglong" and "Qinglong," set to launch in 2024, with the "Yinglong" winning a gold medal at the China Electric Bicycle Design Competition [1] - The series features a frame valued over 10,000 yuan, breaking the traditional price barrier of around 1,000 yuan for Forever bicycles, showcasing the brand's high-end innovation [1] - Forever Bicycle primarily targets the domestic market through a multi-channel approach, creating a brand matrix across different price ranges to cater to various consumer needs [2] Group 3 - Zhonglu Co., Ltd. announced plans to acquire a 52.87% stake in the well-known bicycle brand Factor, which specializes in high-performance carbon fiber road bicycles [2] - This acquisition aims to enhance Forever Bicycle's brand strength and market competitiveness by leveraging Factor's strong R&D capabilities and established sales network [2] - The company plans to focus on the bicycle industry chain's development, integrating resources to build top-tier carbon fiber bicycle technology and expand high-end models into overseas markets [3] Group 4 - Forever Bicycle aims to cover a full product line for all life stages, including children's bikes, commuting bikes, mountain bikes, and electric motorcycles, while maintaining a competitive price-performance ratio [3] - The company intends to uphold its status as a traditional Chinese brand by meeting consumer demands for quality and service, adapting to market changes [3]