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好东西要一直拿着
好东西要一直拿着
·
01-13
Replying to
@石一
:你该不会2025都没挣到钱吧?//
@石一
:涨个嘚,美股垃圾
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好东西要一直拿着
好东西要一直拿着
·
01-13
派拉蒙,人家秋雅结婚,你在那里又蹦又跳的
收购再生波折 派拉蒙起诉华纳兄弟要求披露其与奈飞交易细节
△华纳兄弟探索公司(资料图)当地时间1月12日,派拉蒙影业提起诉讼,要求华纳兄弟探索公司提供更多关于其与奈飞公司达成的827亿美元交易的细节。华纳兄弟上周拒绝了派拉蒙的最新报价,并建议股东投票支持奈飞公司的交易。在致股东的一封信中,派拉蒙还表示,将提议修改华纳兄弟的公司章程,要求任何剥离这家媒体巨头有线电视业务的交易都必须获得股东批准,而有线电视业务是奈飞公司交易的关键部分。
收购再生波折 派拉蒙起诉华纳兄弟要求披露其与奈飞交易细节
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好东西要一直拿着
好东西要一直拿着
·
01-09
$01810(01810)$
垃圾公司一直阴跌
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好东西要一直拿着
好东西要一直拿着
·
01-08
然而股价还是一塌糊涂
小米增速断层领先!一图速览2025年国内主要车企销量及增速
小米增速断层领先!一图速览2025年国内主要车企销量及增速
小米增速断层领先!一图速览2025年国内主要车企销量及增速
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好东西要一直拿着
好东西要一直拿着
·
2025-12-12
$Stride(LRN)$
拿了好久了,你啥时候反弹下,垃圾
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好东西要一直拿着
好东西要一直拿着
·
2025-12-05
开始搞乱七八糟的东西稳股价了
蔚来取得空气弹簧调试方法、装置及计算机可读存储介质专利
国家知识产权局信息显示,蔚来汽车科技(安徽)有限公司取得一项名为“空气弹簧调试方法、装置以及计算机可读存储介质”的专利,授权公告号CN113378316B,申请日期为2021年6月。通过天眼查大数据分析,蔚来汽车科技(安徽)有限公司共对外投资了5家企业,参与招投标项目29次,财产线索方面有商标信息2343条,专利信息3265条,此外企业还拥有行政许可26个。
蔚来取得空气弹簧调试方法、装置及计算机可读存储介质专利
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好东西要一直拿着
好东西要一直拿着
·
2025-12-05
还活着呢
FF称FX Super One首批整套零部件抵达美国将开始组装 此前该车被指抄袭
法拉第未来(NASDAQ: FFAI)12月4日宣布,首批FX Super One的整套零部件已抵达美国长滩港,完成清关,并开始运往公司位于加州汉福德的FF aiFactory工厂。该批零部件为FX
FF称FX Super One首批整套零部件抵达美国将开始组装 此前该车被指抄袭
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好东西要一直拿着
好东西要一直拿着
·
2025-11-21
美的真脏啊
美的“售后禁令”来了,剑指小米!
据了解,该政策由美的中国区通过各区域负责人单独传达,覆盖范围明确指向小米、格力等品牌的空调安装及维修服务。上述美的员工表示,在他所在的区域,头部几家合作的售后服务商已经终止了与小米的合作,可见这一政策的执行力度并不小。如果不能尽快解决售后短板,美的此次的“售后禁令”或许只是开始,后续传统巨头可能还会在供应链、渠道等更多环节发起竞争。
美的“售后禁令”来了,剑指小米!
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好东西要一直拿着
好东西要一直拿着
·
2025-11-20
别发了,没用的,股价起不来了
雷军亲自到场见证!小米汽车第50万辆下线
快科技11月20日消息,刚刚,小米汽车官宣第50万辆整车正式下产线,小米集团创办人、董事长兼CEO雷军在现场见证了这一历史时刻。得益于SU7和YU7的持续畅销,小米汽车达成第50万台整车下线堪称神速,此时距离开启交付仅仅过去了1年8个月,而传统车企需5-10年才能实现该目标。此外还有消息称,小米汽车明年将挑战100万的销量,彻底成为成长最快的新势力车企。
雷军亲自到场见证!小米汽车第50万辆下线
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好东西要一直拿着
好东西要一直拿着
·
2025-11-18
啥时候发布呢
财报前瞻 | 小米Q3营收预增28%,电动车有望实现盈利,智能手机与IoT面临压力
每股收益预计为0.39元,同比增长75%。电动车业务方面,随着交付量的持续增长,小米汽车有望首次盈利。华泰证券预计,第三季度智能手机收入可能小幅下滑约1%。花旗预计小米第三季度的电动车营收将实现盈利,但手机业务毛利率及IoT收入增速未达预期。电动车业务的盈利突破可能成为亮点,推动整体业绩增长,而智能手机业务和物联网业务则面临一定的增长放缓和毛利率压力。
财报前瞻 | 小米Q3营收预增28%,电动车有望实现盈利,智能手机与IoT面临压力
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href=\"https://laohu8.com/S/NFLX\">奈飞</a>公司(Netflix)达成的827亿美元交易的细节。该公司还表示,计划提名董事进入华纳兄弟的董事会,这是其为说服投资者相信其1087亿美元全现金收购方案优于奈飞公司的现金加股票交易方案而采取的最激进的举措之一。</p><p>派拉蒙影业和奈飞公司一直在激烈争夺华纳兄弟及其旗下珍贵的电影电视制片厂和庞大的内容库,其中包括“哈利·波特”系列和DC漫画宇宙。华纳兄弟上周拒绝了派拉蒙的最新报价,并建议股东投票支持奈飞公司的交易。在致股东的一封信中,派拉蒙还表示,将提议修改华纳兄弟的公司章程,要求任何剥离这家媒体巨头有线电视业务的交易都必须获得股东批准,而有线电视业务是奈飞公司交易的关键部分。派拉蒙的论点是,其以每股30美元全现金收购整个华纳兄弟的方案优于奈飞公司以每股27.75美元现金加股票收购其制片厂和流媒体<span>资产</span>的方案,并且更容易获得监管机构的批准。(央视记者 刘旭)</p><p><strong>奈飞称收购华纳兄弟部分资产的计划未变>></strong></p><p>2026中央广播电视总台版权所有。未经许可,请勿转载使用。</p></article></body></html>","source":"tencent","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>收购再生波折 派拉蒙起诉华纳兄弟要求披露其与奈飞交易细节</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n收购再生波折 派拉蒙起诉华纳兄弟要求披露其与奈飞交易细节\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-01-13 03:32 北京时间 <a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260113053138a712e332&s=b><strong>央视新闻</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>△华纳兄弟探索公司(资料图)当地时间1月12日,派拉蒙影业(Paramount Skydance)提起诉讼,要求华纳兄弟探索公司(Warner Bros Discovery)提供更多关于其与奈飞公司(Netflix)达成的827亿美元交易的细节。该公司还表示,计划提名董事进入华纳兄弟的董事会,这是其为说服投资者相信其1087亿美元全现金收购方案优于奈飞公司的现金加股票交易方案而采取的最激进的举措...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260113053138a712e332&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1548497426.USD":"安联环球人工智能AT Acc","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0106261372.USD":"SCHRODER ISF US LARGE CAP \"A\" ACC","SGXZ51526630.SGD":"大华环球创新基金A Acc SGD","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","BK4532":"文艺复兴科技持仓","BK4581":"高盛持仓","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY 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刘旭)奈飞称收购华纳兄弟部分资产的计划未变>>2026中央广播电视总台版权所有。未经许可,请勿转载使用。","news_type":1,"symbols_score_info":{"NFLX":0.9,"WBD":1.95,"PARA":1.9}},"isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":519938849132832,"gmtCreate":1767921490789,"gmtModify":1767921960487,"author":{"id":"3537417120281286","authorId":"3537417120281286","name":"好东西要一直拿着","avatar":"https://static.tigerbbs.com/ed03e24159cdfb1a1cc9e0eb75d70106","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3537417120281286","authorIdStr":"3537417120281286"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/01810\">$01810(01810)$ </a> 垃圾公司一直阴跌","listText":"<a href=\"https://laohu8.com/S/01810\">$01810(01810)$ </a> 垃圾公司一直阴跌","text":"$01810(01810)$ 垃圾公司一直阴跌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/519938849132832","isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":519596344181008,"gmtCreate":1767838447130,"gmtModify":1767838449254,"author":{"id":"3537417120281286","authorId":"3537417120281286","name":"好东西要一直拿着","avatar":"https://static.tigerbbs.com/ed03e24159cdfb1a1cc9e0eb75d70106","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3537417120281286","authorIdStr":"3537417120281286"},"themes":[],"title":"","htmlText":"然而股价还是一塌糊涂","listText":"然而股价还是一塌糊涂","text":"然而股价还是一塌糊涂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/519596344181008","repostId":"2601335994","repostType":2,"repost":{"id":"2601335994","kind":"highlight","pubTimestamp":1767836684,"share":"https://www.laohu8.com/m/news/2601335994?lang=zh_CN&edition=full","pubTime":"2026-01-08 09:44","market":"sh","language":"zh","title":"小米增速断层领先!一图速览2025年国内主要车企销量及增速","url":"https://stock-news.laohu8.com/highlight/detail?id=2601335994","media":"东方财富研究中心","summary":"小米增速断层领先!一图速览2025年国内主要车企销量及增速","content":"<html><body><div>\n<center><img emheight=\"1041\" src=\"https://np-newspic.dfcfw.com/download/D25737677858025310622_w800h1436_o.jpg\" width=\"580\"/></center><p>(文章来源:<span><a href=\"https://laohu8.com/S/300059\">东方财富</a></span><span></span>研究中心)</p> </div></body></html>","source":"eastmoney_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>小米增速断层领先!一图速览2025年国内主要车企销量及增速</title>\n<style 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拿了好久了,你啥时候反弹下,垃圾","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/509824844628544","isVote":1,"tweetType":1,"viewCount":778,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":507441061217288,"gmtCreate":1764917658684,"gmtModify":1764917661366,"author":{"id":"3537417120281286","authorId":"3537417120281286","name":"好东西要一直拿着","avatar":"https://static.tigerbbs.com/ed03e24159cdfb1a1cc9e0eb75d70106","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3537417120281286","authorIdStr":"3537417120281286"},"themes":[],"title":"","htmlText":"开始搞乱七八糟的东西稳股价了","listText":"开始搞乱七八糟的东西稳股价了","text":"开始搞乱七八糟的东西稳股价了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/507441061217288","repostId":"2589572218","repostType":2,"repost":{"id":"2589572218","kind":"news","pubTimestamp":1764903081,"share":"https://www.laohu8.com/m/news/2589572218?lang=zh_CN&edition=full","pubTime":"2025-12-05 10:51","market":"hk","language":"zh","title":"蔚来取得空气弹簧调试方法、装置及计算机可读存储介质专利","url":"https://stock-news.laohu8.com/highlight/detail?id=2589572218","media":"市场资讯","summary":"国家知识产权局信息显示,蔚来汽车科技(安徽)有限公司取得一项名为“空气弹簧调试方法、装置以及计算机可读存储介质”的专利,授权公告号CN113378316B,申请日期为2021年6月。通过天眼查大数据分析,蔚来汽车科技(安徽)有限公司共对外投资了5家企业,参与招投标项目29次,财产线索方面有商标信息2343条,专利信息3265条,此外企业还拥有行政许可26个。","content":"<html><body><article><p>国家知识产权局信息显示,<a href=\"https://laohu8.com/S/NIO\">蔚来</a>汽车科技(安徽)有限公司取得一项名为“空气弹簧调试方法、装置以及计算机可读存储介质”的专利,授权公告号CN113378316B,申请日期为2021年6月。</p><p>天眼查资料显示,<a href=\"https://laohu8.com/S/09866\">蔚来</a>汽车科技(安徽)有限公司,成立于2020年,位于合肥市,是一家以从事科技推广和应用服务业为主的企业。企业注册资本2600000万人民币。通过天眼查大数据分析,<a href=\"https://laohu8.com/S/NIO.SI\">蔚来</a>汽车科技(安徽)有限公司共对外投资了5家企业,参与招投标项目29次,财产线索方面有商标信息2343条,专利信息3265条,此外企业还拥有行政许可26个。</p><p>声明:市场有风险,投资需谨慎。本文为AI基于第三方数据生成,仅供参考,不构成个人投资建议。</p><p>财经频道更多独家策划、专家专栏,免费查阅>></p></article></body></html>","source":"tencent","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" 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href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202512051104509791034a&s=b><strong>市场资讯</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>国家知识产权局信息显示,蔚来汽车科技(安徽)有限公司取得一项名为“空气弹簧调试方法、装置以及计算机可读存储介质”的专利,授权公告号CN113378316B,申请日期为2021年6月。天眼查资料显示,蔚来汽车科技(安徽)有限公司,成立于2020年,位于合肥市,是一家以从事科技推广和应用服务业为主的企业。企业注册资本2600000万人民币。通过天眼查大数据分析,蔚来汽车科技(安徽)有限公司共对外投资了...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202512051104509791034a&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK1119":"汽车制造商","09866":"蔚来-SW","BK1588":"回港中概股","NIO":"蔚来"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202512051104509791034a&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2589572218","content_text":"国家知识产权局信息显示,蔚来汽车科技(安徽)有限公司取得一项名为“空气弹簧调试方法、装置以及计算机可读存储介质”的专利,授权公告号CN113378316B,申请日期为2021年6月。天眼查资料显示,蔚来汽车科技(安徽)有限公司,成立于2020年,位于合肥市,是一家以从事科技推广和应用服务业为主的企业。企业注册资本2600000万人民币。通过天眼查大数据分析,蔚来汽车科技(安徽)有限公司共对外投资了5家企业,参与招投标项目29次,财产线索方面有商标信息2343条,专利信息3265条,此外企业还拥有行政许可26个。声明:市场有风险,投资需谨慎。本文为AI基于第三方数据生成,仅供参考,不构成个人投资建议。财经频道更多独家策划、专家专栏,免费查阅>>","news_type":1,"symbols_score_info":{"NIO":0.9,"09866":1.5}},"isVote":1,"tweetType":1,"viewCount":843,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":507612605620408,"gmtCreate":1764904940211,"gmtModify":1764904942338,"author":{"id":"3537417120281286","authorId":"3537417120281286","name":"好东西要一直拿着","avatar":"https://static.tigerbbs.com/ed03e24159cdfb1a1cc9e0eb75d70106","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3537417120281286","authorIdStr":"3537417120281286"},"themes":[],"title":"","htmlText":"还活着呢","listText":"还活着呢","text":"还活着呢","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/507612605620408","repostId":"2588007109","repostType":2,"repost":{"id":"2588007109","kind":"live","pubTimestamp":1764816182,"share":"https://www.laohu8.com/m/news/2588007109?lang=zh_CN&edition=full","pubTime":"2025-12-04 10:43","market":"sg","language":"zh","title":"FF称FX Super One首批整套零部件抵达美国将开始组装 此前该车被指抄袭","url":"https://stock-news.laohu8.com/highlight/detail?id=2588007109","media":"格隆汇","summary":"法拉第未来(NASDAQ: FFAI)12月4日宣布,首批FX Super One的整套零部件已抵达美国长滩港,完成清关,并开始运往公司位于加州汉福德的FF aiFactory工厂。该批零部件为FX ","content":"<html><body><p>法拉第未来(NASDAQ: FFAI)12月4日宣布,首批FX Super One的整套零部件已抵达美国长滩港,完成清关,并开始运往公司位于加州汉福德的FF aiFactory工厂。该批零部件为FX Super One首批预量产车生产所需的全套散件,车辆组装完成后将用于美国市场的测试、营销及相关活动。</p></body></html>","source":"live_gelonghui","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FF称FX Super One首批整套零部件抵达美国将开始组装 此前该车被指抄袭</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFF称FX Super One首批整套零部件抵达美国将开始组装 此前该车被指抄袭\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-12-04 10:43 北京时间 <a href=https://www.gelonghui.com/rss/live/live.xml><strong>格隆汇</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>法拉第未来(NASDAQ: FFAI)12月4日宣布,首批FX Super One的整套零部件已抵达美国长滩港,完成清关,并开始运往公司位于加州汉福德的FF aiFactory工厂。该批零部件为FX Super One首批预量产车生产所需的全套散件,车辆组装完成后将用于美国市场的测试、营销及相关活动。</p>\n\n<a href=\"https://www.gelonghui.com/rss/live/live.xml\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FFAI":"Faraday Future Intelligent Electric Inc","BK4099":"汽车制造商"},"source_url":"https://www.gelonghui.com/rss/live/live.xml","is_english":false,"share_image_url":"https://static.laohu8.com/6b8fa6424aebe95f6781d04ef17a1852","article_id":"2588007109","content_text":"法拉第未来(NASDAQ: FFAI)12月4日宣布,首批FX Super One的整套零部件已抵达美国长滩港,完成清关,并开始运往公司位于加州汉福德的FF aiFactory工厂。该批零部件为FX Super One首批预量产车生产所需的全套散件,车辆组装完成后将用于美国市场的测试、营销及相关活动。","news_type":1,"symbols_score_info":{"FFAI":1}},"isVote":1,"tweetType":1,"viewCount":308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":502565358416112,"gmtCreate":1763714930685,"gmtModify":1763714933023,"author":{"id":"3537417120281286","authorId":"3537417120281286","name":"好东西要一直拿着","avatar":"https://static.tigerbbs.com/ed03e24159cdfb1a1cc9e0eb75d70106","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3537417120281286","authorIdStr":"3537417120281286"},"themes":[],"title":"","htmlText":"美的真脏啊","listText":"美的真脏啊","text":"美的真脏啊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/502565358416112","repostId":"2585194339","repostType":2,"repost":{"id":"2585194339","kind":"news","pubTimestamp":1763705494,"share":"https://www.laohu8.com/m/news/2585194339?lang=zh_CN&edition=full","pubTime":"2025-11-21 14:11","market":"hk","language":"zh","title":"美的“售后禁令”来了,剑指小米!","url":"https://stock-news.laohu8.com/highlight/detail?id=2585194339","media":"互联网品牌官","summary":"据了解,该政策由美的中国区通过各区域负责人单独传达,覆盖范围明确指向小米、格力等品牌的空调安装及维修服务。上述美的员工表示,在他所在的区域,头部几家合作的售后服务商已经终止了与小米的合作,可见这一政策的执行力度并不小。如果不能尽快解决售后短板,美的此次的“售后禁令”或许只是开始,后续传统巨头可能还会在供应链、渠道等更多环节发起竞争。","content":"<html><body><article><p><strong>作者 | 李大为 来源 |互联网品牌官</strong></p><p>11月21日,美的近期向全国合作的售后服务商下达了一项特殊要求:不得再同时承接<a href=\"https://laohu8.com/S/XIACY\">小米</a>或格力的售后相关业务。</p><p>据了解,该政策由美的中国区通过各区域负责人单独传达,覆盖范围明确指向<a href=\"https://laohu8.com/S/01810\">小米</a>、格力等品牌的空调安装及维修服务。</p><p>对于这一消息,美的公关部门给出的回应是“不清楚此事”,但这一说法并未得到市场层面的认同。</p><p>多位<a href=\"https://laohu8.com/S/81810\">小米</a>经销商向界面新闻证实了禁令的真实性,他们透露,空调售后的核心环节是安装。</p><img src=\"https://inews.gtimg.com/om_bt/OWnOkxk3bFjLt-uCrtvFvEO_dPxzgZH-h9N7ciUxVBiPkAA/0\"/><p>目前小米采用“送装一体”和“先送后装”两种模式,美的的“二选一”要求确实会削弱小米与线下服务商的绑定程度。</p><p>不过经销商们也表示,目前市场上仍有第三方服务商可合作,只要能把控好收费标准,短期内对小米空调的服务质量不会造成太大影响。</p><p>一位美的中国区内部员工的说法,更直接点出了这一政策的核心指向。</p><p>他透露,此次禁令主要针对的是小米,今年小米空调销量的大幅增长,让美的切实感受到了市场威胁,相关通知早在10月份就已下发。</p><p>在他看来,这一举措精准击中了小米的短板——家电售后体系尚未成熟。</p><p>从行业逻辑来看,美的敢于出台这样的政策,核心底气还是源于传统家电巨头在售后体系上的长期积累所形成的垄断性优势。</p><p>和汽车、3C行业不同,美的、格力等传统家电品牌在市场份额上的优势,直接转化为对下游售后服务商的强大话语权。</p><img src=\"https://inews.gtimg.com/om_bt/OebDzKIKYMycCo1vQAKE7CE5CTzV2lFmgjFMOJTagTCoIAA/0\"/><p>上述美的员工表示,在他所在的区域,头部几家合作的售后服务商已经终止了与小米的合作,可见这一政策的执行力度并不小。</p><p>小米的售后短板,在美的的这一举措下被进一步放大。</p><p>公开信息显示,小米武汉智能家电工厂一期已于10月28日竣工投产,峰值年产能可达700万套,按照规划,2026年小米将开启空调产品的大规模量产。</p><p>目前小米空调的售后主要依赖外包模式,借助第三方服务商的本地化网络快速覆盖市场,这种模式在壁挂式、立柜式等常规空调的安装维修上尚可应对,毕竟这类产品的技术门槛不高。</p><p>但卢伟冰在11月18日的财报会上提到,小米将通过中央空调等产品线推动平均销售价格上行,而中央空调作为非标品,对售后的专业性要求完全不同。</p><p>上述美的员工直言,小米此前的售后网点多服务于小家电和黑电,即便同样是电器产品,空调售后尤其是中央空调的售后,对工人的技术要求完全是另一个层面。</p><p>空调柜挂机和中央空调的售后工人几乎属于两个行业,不仅技术不通用,中央空调售后的利润空间也更高,这意味着小米想搭建专业的中央空调售后团队,必须从零开始。</p><p>一个专业售后网点的成熟周期,也给小米的千亿目标蒙上了一层阴影。“从建立到成熟至少需要三个月到半年,工人的磨合期和适应期都不能少。”</p><p>这位美的员工补充道,更现实的问题是,今年房地产市场萎缩加上国补退潮,不少第三方售后网点因为订单下滑已经面临停摆。</p><p>小米想快速整合资源并不容易,“如果明年6月份前搞不定售后问题,后续的扩张计划会很危险。”</p><p>其实小米遇到的售后难题,格力在进军冰洗市场时也曾经历过。</p><img src=\"https://inews.gtimg.com/om_bt/O20vfqlaaxBqKF7975HHxZcDzeF43CpG0h1B9gCdPOW70AA/0\"/><p>当时格力沿用了空调的经销商模式快速铺货,售后同样外包给第三方,但忽略了冰洗产品没有安装环节、利润空间有限的特点,导致经销商缺乏做好售后的动力,最终影响了品牌在冰洗市场的拓展。</p><p>这也恰恰凸显了售后体系对大家电品牌的重要性,而美的在这方面的投入向来不遗余力。</p><p>据了解,一家美的售后网点的人员配置接近50人,其中技术人员占比达一半,其余为售后工人。</p><p>在二线城市城区,这样的网点数量通常能达到7家以上,大的省份更是接近70家,这种高密度、高专业性的售后布局,正是美的敢于对服务商提出“二选一”要求的核心支撑。</p><p>对于消费者来说,大家电的使用周期长,售后体验直接决定了品牌认可度。很多时候,消费者愿意为知名品牌支付溢价,除了产品质量,更看重后续的安装、维修保障。</p><p>小米想要在大家电市场实现“弯道超车”,产能扩张和产品升级只是第一步,如何快速搭建起匹配千亿规模的专业售后团队,或许才是真正的“生死考题”。</p><p>目前来看,小米仍有调整时间,但留给它的窗口期并不算长。如果不能尽快解决售后短板,美的此次的“售后禁令”或许只是开始,后续传统巨头可能还会在供应链、渠道等更多环节发起竞争。</p><p>这场传统巨头与互联网新势力的较量,最终会走向何方,还需要时间给出答案。</p></article></body></html>","source":"tencent","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>美的“售后禁令”来了,剑指小米!</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; 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.h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n美的“售后禁令”来了,剑指小米!\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-11-21 14:11 北京时间 <a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251121142248a4b0de4d&s=b><strong>互联网品牌官</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>作者 | 李大为 来源 |互联网品牌官11月21日,美的近期向全国合作的售后服务商下达了一项特殊要求:不得再同时承接小米或格力的售后相关业务。据了解,该政策由美的中国区通过各区域负责人单独传达,覆盖范围明确指向小米、格力等品牌的空调安装及维修服务。对于这一消息,美的公关部门给出的回应是“不清楚此事”,但这一说法并未得到市场层面的认同。多位小米经销商向界面新闻证实了禁令的真实性,他们透露,空调售后...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251121142248a4b0de4d&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"81810":"小米集团-WR","LU2097828805.USD":"AZ EQUITY CHINA \"A-AZ\" (USD) ACC","BK1615":"港股-互联网","BK1575":"同股不同权","LU0441854154.USD":"JPM ASIA PACIFIC EQUITY \"A\" (USD) ACC","LU0823397103.USD":"BNP PARIBAS SUSTAINABLE ASIA EX-JAPAN EQUITY \"C\" (USD) ACC","XIACY":"小米集团ADR","LU0164872284.USD":"HSBC GIF GLOBAL EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0117841782.USD":"JPM GREATER CHINA \"A\" (USD) INC","LU0823426480.USD":"法巴中国股票经典Dis","LU0164880469.USD":"HSBC GIF HONG KONG EQUITY \"AC\" ACC","LU0417516738.SGD":"Allianz Hong Kong Equity AT Acc SGD","HXXD.SI":"Xiaomi HK SDR 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ACC","LU0823040885.USD":"东方汇理新兴市场焦点股票基金","LU0169518387.USD":"JPM ASIA EQUITY \"A\" ACC"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251121142248a4b0de4d&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2585194339","content_text":"作者 | 李大为 来源 |互联网品牌官11月21日,美的近期向全国合作的售后服务商下达了一项特殊要求:不得再同时承接小米或格力的售后相关业务。据了解,该政策由美的中国区通过各区域负责人单独传达,覆盖范围明确指向小米、格力等品牌的空调安装及维修服务。对于这一消息,美的公关部门给出的回应是“不清楚此事”,但这一说法并未得到市场层面的认同。多位小米经销商向界面新闻证实了禁令的真实性,他们透露,空调售后的核心环节是安装。目前小米采用“送装一体”和“先送后装”两种模式,美的的“二选一”要求确实会削弱小米与线下服务商的绑定程度。不过经销商们也表示,目前市场上仍有第三方服务商可合作,只要能把控好收费标准,短期内对小米空调的服务质量不会造成太大影响。一位美的中国区内部员工的说法,更直接点出了这一政策的核心指向。他透露,此次禁令主要针对的是小米,今年小米空调销量的大幅增长,让美的切实感受到了市场威胁,相关通知早在10月份就已下发。在他看来,这一举措精准击中了小米的短板——家电售后体系尚未成熟。从行业逻辑来看,美的敢于出台这样的政策,核心底气还是源于传统家电巨头在售后体系上的长期积累所形成的垄断性优势。和汽车、3C行业不同,美的、格力等传统家电品牌在市场份额上的优势,直接转化为对下游售后服务商的强大话语权。上述美的员工表示,在他所在的区域,头部几家合作的售后服务商已经终止了与小米的合作,可见这一政策的执行力度并不小。小米的售后短板,在美的的这一举措下被进一步放大。公开信息显示,小米武汉智能家电工厂一期已于10月28日竣工投产,峰值年产能可达700万套,按照规划,2026年小米将开启空调产品的大规模量产。目前小米空调的售后主要依赖外包模式,借助第三方服务商的本地化网络快速覆盖市场,这种模式在壁挂式、立柜式等常规空调的安装维修上尚可应对,毕竟这类产品的技术门槛不高。但卢伟冰在11月18日的财报会上提到,小米将通过中央空调等产品线推动平均销售价格上行,而中央空调作为非标品,对售后的专业性要求完全不同。上述美的员工直言,小米此前的售后网点多服务于小家电和黑电,即便同样是电器产品,空调售后尤其是中央空调的售后,对工人的技术要求完全是另一个层面。空调柜挂机和中央空调的售后工人几乎属于两个行业,不仅技术不通用,中央空调售后的利润空间也更高,这意味着小米想搭建专业的中央空调售后团队,必须从零开始。一个专业售后网点的成熟周期,也给小米的千亿目标蒙上了一层阴影。“从建立到成熟至少需要三个月到半年,工人的磨合期和适应期都不能少。”这位美的员工补充道,更现实的问题是,今年房地产市场萎缩加上国补退潮,不少第三方售后网点因为订单下滑已经面临停摆。小米想快速整合资源并不容易,“如果明年6月份前搞不定售后问题,后续的扩张计划会很危险。”其实小米遇到的售后难题,格力在进军冰洗市场时也曾经历过。当时格力沿用了空调的经销商模式快速铺货,售后同样外包给第三方,但忽略了冰洗产品没有安装环节、利润空间有限的特点,导致经销商缺乏做好售后的动力,最终影响了品牌在冰洗市场的拓展。这也恰恰凸显了售后体系对大家电品牌的重要性,而美的在这方面的投入向来不遗余力。据了解,一家美的售后网点的人员配置接近50人,其中技术人员占比达一半,其余为售后工人。在二线城市城区,这样的网点数量通常能达到7家以上,大的省份更是接近70家,这种高密度、高专业性的售后布局,正是美的敢于对服务商提出“二选一”要求的核心支撑。对于消费者来说,大家电的使用周期长,售后体验直接决定了品牌认可度。很多时候,消费者愿意为知名品牌支付溢价,除了产品质量,更看重后续的安装、维修保障。小米想要在大家电市场实现“弯道超车”,产能扩张和产品升级只是第一步,如何快速搭建起匹配千亿规模的专业售后团队,或许才是真正的“生死考题”。目前来看,小米仍有调整时间,但留给它的窗口期并不算长。如果不能尽快解决售后短板,美的此次的“售后禁令”或许只是开始,后续传统巨头可能还会在供应链、渠道等更多环节发起竞争。这场传统巨头与互联网新势力的较量,最终会走向何方,还需要时间给出答案。","news_type":1,"symbols_score_info":{"81810":0.6,"HXXD.SI":0.6,"MIUmain":0.6,"XIACY":0.6,"01810":1.5}},"isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":502128877716080,"gmtCreate":1763608373594,"gmtModify":1763608375831,"author":{"id":"3537417120281286","authorId":"3537417120281286","name":"好东西要一直拿着","avatar":"https://static.tigerbbs.com/ed03e24159cdfb1a1cc9e0eb75d70106","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3537417120281286","authorIdStr":"3537417120281286"},"themes":[],"title":"","htmlText":"别发了,没用的,股价起不来了","listText":"别发了,没用的,股价起不来了","text":"别发了,没用的,股价起不来了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/502128877716080","repostId":"2584600906","repostType":2,"repost":{"id":"2584600906","kind":"news","pubTimestamp":1763606529,"share":"https://www.laohu8.com/m/news/2584600906?lang=zh_CN&edition=full","pubTime":"2025-11-20 10:42","market":"hk","language":"zh","title":"雷军亲自到场见证!小米汽车第50万辆下线","url":"https://stock-news.laohu8.com/highlight/detail?id=2584600906","media":"快科技","summary":"快科技11月20日消息,刚刚,小米汽车官宣第50万辆整车正式下产线,小米集团创办人、董事长兼CEO雷军在现场见证了这一历史时刻。得益于SU7和YU7的持续畅销,小米汽车达成第50万台整车下线堪称神速,此时距离开启交付仅仅过去了1年8个月,而传统车企需5-10年才能实现该目标。此外还有消息称,小米汽车明年将挑战100万的销量,彻底成为成长最快的新势力车企。","content":"<html><body><article><p>快科技11月20日消息,刚刚,<strong><a href=\"https://laohu8.com/S/XIACY\">小米</a>汽车官宣第50万辆整车正式下产线,<a href=\"https://laohu8.com/S/01810\">小米</a>集团创办人、董事长兼CEO雷军在现场见证了这一历史时刻</strong>。</p><p>乘联会最新公布的数据显示,<a href=\"https://laohu8.com/S/81810\">小米</a>汽车10月份零售销量达到了48654辆,其中YU7的批发销量更是多达33662辆,杀入乘用车单月销量前十名!</p><p>得益于SU7和YU7的持续畅销,<strong>小米汽车达成第50万台整车下线堪称神速,此时距离开启交付仅仅过去了1年8个月,而传统车企需5-10年才能实现该目标</strong>。</p><p>即便是和新势力相比,同样也处于绝对领先:小米从0到30万辆仅用15个月,比<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>快4个月(580天),比<a href=\"https://laohu8.com/S/LI\">理想</a>快约4倍(1207天),比小鹏快5倍多(1571天)。</p><p>50万辆被视为新势力车企的 \"及格线\",<strong>一旦达成,则标志着小米已从 “造车新兵”晋升为 “主流玩家”。</strong></p><p>此外还有消息称,小米汽车明年将挑战100万的销量,彻底成为成长最快的新势力车企。</p><img src=\"https://inews.gtimg.com/om_bt/OLOy-CiNu3iQzQYU3BIe3ssNvcMW_VZDUNBOn2eu0bmFcAA/0\"/></article></body></html>","source":"tencent","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>雷军亲自到场见证!小米汽车第50万辆下线</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n雷军亲自到场见证!小米汽车第50万辆下线\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-11-20 10:42 北京时间 <a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251120104421a4ae274a&s=b><strong>快科技</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>快科技11月20日消息,刚刚,小米汽车官宣第50万辆整车正式下产线,小米集团创办人、董事长兼CEO雷军在现场见证了这一历史时刻。乘联会最新公布的数据显示,小米汽车10月份零售销量达到了48654辆,其中YU7的批发销量更是多达33662辆,杀入乘用车单月销量前十名!得益于SU7和YU7的持续畅销,小米汽车达成第50万台整车下线堪称神速,此时距离开启交付仅仅过去了1年8个月,而传统车企需5-10年...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251120104421a4ae274a&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"81810":"小米集团-WR","LU0561508036.HKD":"ALLIANZ CHINA EQUITY \"A\" (HKD) INC","XIACY":"小米集团ADR","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","LU2097828805.USD":"AZ EQUITY CHINA \"A-AZ\" (USD) ACC","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","HXXD.SI":"Xiaomi HK SDR 2to1","BK1615":"港股-互联网","BK1575":"同股不同权","LU2097828474.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC A","LU0164872284.USD":"HSBC GIF GLOBAL EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU1323998911.USD":"BGF ASIAN MULTI-ASSET INCOME \"A\" (USD) ACC","LU0593848301.USD":"未来资产亚洲卓越消费股票基金A","LU0164880469.USD":"HSBC GIF HONG KONG EQUITY \"AC\" ACC","SG9999003461.SGD":"United Asia Pacific Infrastructure SGD","LU1188198961.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) INC QV","LU0235996351.USD":"UBS 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INC"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251120104421a4ae274a&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2584600906","content_text":"快科技11月20日消息,刚刚,小米汽车官宣第50万辆整车正式下产线,小米集团创办人、董事长兼CEO雷军在现场见证了这一历史时刻。乘联会最新公布的数据显示,小米汽车10月份零售销量达到了48654辆,其中YU7的批发销量更是多达33662辆,杀入乘用车单月销量前十名!得益于SU7和YU7的持续畅销,小米汽车达成第50万台整车下线堪称神速,此时距离开启交付仅仅过去了1年8个月,而传统车企需5-10年才能实现该目标。即便是和新势力相比,同样也处于绝对领先:小米从0到30万辆仅用15个月,比特斯拉快4个月(580天),比理想快约4倍(1207天),比小鹏快5倍多(1571天)。50万辆被视为新势力车企的 \"及格线\",一旦达成,则标志着小米已从 “造车新兵”晋升为 “主流玩家”。此外还有消息称,小米汽车明年将挑战100万的销量,彻底成为成长最快的新势力车企。","news_type":1,"symbols_score_info":{"81810":0.6,"XIACY":0.6,"01810":1.5,"MIUmain":0.6,"HXXD.SI":0.6}},"isVote":1,"tweetType":1,"viewCount":723,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":501346887209320,"gmtCreate":1763429450076,"gmtModify":1763429452271,"author":{"id":"3537417120281286","authorId":"3537417120281286","name":"好东西要一直拿着","avatar":"https://static.tigerbbs.com/ed03e24159cdfb1a1cc9e0eb75d70106","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3537417120281286","authorIdStr":"3537417120281286"},"themes":[],"title":"","htmlText":"啥时候发布呢","listText":"啥时候发布呢","text":"啥时候发布呢","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/501346887209320","repostId":"1117325495","repostType":2,"repost":{"id":"1117325495","kind":"news","weMediaInfo":{"introduction":"专注财报前瞻、财报解析的大模型Agent","home_visible":1,"media_name":"财报Agent","id":"1017018787","head_image":"https://community-static.tradeup.com/news/decf3d8a922fc5c1c1d787bf8b36173f"},"pubTimestamp":1762847656,"share":"https://www.laohu8.com/m/news/1117325495?lang=zh_CN&edition=full","pubTime":"2025-11-11 15:54","market":"hk","language":"zh","title":"财报前瞻 | 小米Q3营收预增28%,电动车有望实现盈利,智能手机与IoT面临压力","url":"https://stock-news.laohu8.com/highlight/detail?id=1117325495","media":"财报Agent","summary":"每股收益预计为0.39元,同比增长75%。电动车业务方面,随着交付量的持续增长,小米汽车有望首次盈利。华泰证券预计,第三季度智能手机收入可能小幅下滑约1%。花旗预计小米第三季度的电动车营收将实现盈利,但手机业务毛利率及IoT收入增速未达预期。电动车业务的盈利突破可能成为亮点,推动整体业绩增长,而智能手机业务和物联网业务则面临一定的增长放缓和毛利率压力。","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/01810\">小米集团-W</a>将于11月18日(港股盘后)发布其2025年第三季度财报。根据老虎国际APP数据预测,小米第三季度总收入约为1165亿元人民币,同比增长约28%。每股收益预计为0.39元,同比增长75%。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/40f9c0d1eb8a99a137eaa459cbad7e7a\" title=\"\" tg-width=\"1179\" tg-height=\"587\"/></p><p>具体来看,智能手机业务仍面临一定压力,预计毛利率受到存储芯片价格上涨的影响。尽管如此,手机高端化战略继续推进,整体收入有望得到支撑。物联网与生活方式产品(IoT)的增速预计会有所放缓,主要受到中国补贴退坡的影响,但毛利率依然保持韧性。电动车业务方面,随着交付量的持续增长,小米汽车有望首次盈利。</p><h2 id=\"id_2824935115\">上季度回顾</h2><ul style=\"\"><li><p><strong>营收</strong>:1159.6亿元人民币,同比增长30.5%,创历史新高,超出预期的1149.4亿元人民币。</p></li><li><p><strong>调整后净利润</strong>:108.3亿元人民币,同比增长75.4%,同样创下历史新高,超出预期的102.3亿元人民币。</p></li><li><p><strong>营业利润</strong>:134.4亿元人民币,超出预期的104.3亿元人民币。</p></li><li><p><strong>毛利率</strong>:22.5%,环比微降0.3个百分点。</p></li><li><p><strong>研发支出</strong>:77.6亿元人民币,同比增长41.2%,超出预期的71.8亿元人民币。</p></li></ul><h4 id=\"id_3420669461\">各业务表现:</h4><ul style=\"\"><li><p><strong>智能电动汽车</strong>:收入213亿元人民币,交付81302辆新车,毛利率26.4%。经营亏损收窄至3亿元人民币,远超市场预期。</p></li><li><p><strong>手机业务</strong>:全球出货量同比微增0.6%,达到4240万台,但收入同比下降2.1%,降至455亿元人民币,主要受低价机型拉低整体平均销售单价(ASP)影响。毛利率从12.1%降至11.5%。</p></li><li><p><strong>AIoT业务</strong>:收入同比增长44.7%,达到387亿元人民币,创历史新高。智能大家电(空调、冰箱、洗衣机)表现尤为突出,收入同比增长66.2%,毛利率提升至22.5%。</p></li></ul><h2 id=\"id_3345078273\">本季度看点</h2><p>本季度财报的关键看点主要集中在以下几个方面:</p><ul style=\"\"><li><p><strong>电动车业务的首次盈利</strong>:电动车业务预计首次实现单季盈利,成为本季度财报的最大亮点。随着交付量的逐步攀升,小米电动汽车业务将成为未来增长的重要驱动力。预计交付量约为10.9万辆,收入286亿元,毛利率在26%以上。电动车业务的盈利能力不仅能提升小米整体财务表现,还能增强市场对其未来增长潜力的信心。</p></li><li><p><strong>智能手机业务面临压力</strong>:智能手机毛利率承压,主要由于存储芯片价格上涨。华泰证券预计,第三季度智能手机收入可能小幅下滑约1%。不过,小米在高端市场的持续推进,特别是17系列的高端机型(Pro/Pro Max)占比提升,仍将为整体收入结构提供一定支撑。高端化战略将有助于抵消部分成本压力,尽管短期内毛利率有所下降,长期来看,仍有助于改善盈利能力。</p></li><li><p><strong>物联网(IoT)业务增速放缓</strong>:物联网业务面临一定挑战,主要源于政府补贴退坡以及市场竞争加剧。尽管如此,物联网的毛利率仍保持韧性。建银国际预计,第三季度IoT收入增速可能放缓至5%,但由于小米避免了大规模的价格战,其毛利率仍将维持较高水平。海外市场的持续扩展,尤其是欧洲和印度市场的渗透,或许会成为IoT板块新的增长亮点。</p></li><li><p><strong>全球化进程加速</strong>:随着小米在全球市场的进一步扩张,尤其是在印度和东南亚市场,预计将逐步弥补国内市场的放缓。高盛预计,随着小米在全球零售业务的加强,海外市场的贡献将加速增长,成为驱动公司整体收入增长的重要因素。</p></li></ul><p><strong>机构观点</strong></p><p>各大机构对小米的目标价普遍进行了下调,但仍保持对小米长期增长潜力的乐观预期。以下是一些主要机构的观点:</p><ul style=\"\"><li><p><strong>华泰证券</strong>:该机构维持小米“买入”评级,并预计第三季度收入将同比增长23%,主要受到电动车业务强劲表现的推动。华泰证券预计小米第三季度的电动车出货量为10.9万台,电动车业务有望首次盈利。尽管手机业务毛利率面临压力,华泰证券仍看好小米在高端市场的持续推进,维持目标价65.4港元,较此前下调约5%。</p></li><li><p><strong>花旗银行</strong>:花旗银行对小米的目标价微调,从66港元下调至65港元。花旗预计小米第三季度的电动车营收将实现盈利,但手机业务毛利率及IoT收入增速未达预期。花旗认为,短期内小米的智能手机业务将面临较大压力,但长期来看,小米在AIoT和电动车等新兴业务的增长将支撑其整体业绩。</p></li><li><p><strong>高盛</strong>:高盛对小米的目标价下调幅度较大,从66港元下调至56.5港元。高盛指出,存储芯片价格上涨会对智能手机毛利率带来压力,且电动汽车二期工厂的延期可能影响交付进度。然而,高盛也强调,随着电动车交付量的增加和全球化进程的加速,小米的盈利结构将得到进一步优化,特别是AIoT和互联网服务业务将为整体盈利提供持续支撑。</p></li><li><p><strong>中银国际</strong>:中银国际维持小米“买入”评级,并将目标价小幅下调至74.4港元。该机构认为,尽管短期内受到智能手机毛利率下降的影响,小米的长期增长潜力依然强劲,尤其是在电动汽车和高端手机市场的持续发力下。中银国际认为,小米目前的估值已具吸引力,是一个长期投资机会。</p></li></ul><h2 id=\"id_303898188\">总结</h2><p>小米即将发布的2025年第三季度财报预计将呈现“冰火两重天”的局面。电动汽车业务的盈利突破可能成为亮点,推动整体业绩增长,而智能手机和物联网业务则面临增长放缓和毛利率压力。尽管短期内挑战较大,机构普遍维持“买入”评级,显示出对小米长期增长潜力的信心。</p><p>投资者应关注三大核心业务的表现:电动车盈利能力、智能手机毛利率变化和物联网业务增长。如果这些业务能够按预期发展,尤其是电动车持续盈利,小米股价可能在未来几个月迎来反弹。</p><p>总体来看,虽然短期压力较大,但小米仍具备强劲的长期增长潜力。投资者应在关注短期财报的同时,把握小米在高端手机、电动汽车及全球扩张中的发展机遇。</p><p><em>此内容基于tiger AI数据生成,内容仅供参考。</em></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>财报前瞻 | 小米Q3营收预增28%,电动车有望实现盈利,智能手机与IoT面临压力</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n财报前瞻 | 小米Q3营收预增28%,电动车有望实现盈利,智能手机与IoT面临压力\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1017018787\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/decf3d8a922fc5c1c1d787bf8b36173f);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">财报Agent </p>\n<p class=\"h-time\">2025-11-11 15:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/01810\">小米集团-W</a>将于11月18日(港股盘后)发布其2025年第三季度财报。根据老虎国际APP数据预测,小米第三季度总收入约为1165亿元人民币,同比增长约28%。每股收益预计为0.39元,同比增长75%。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/40f9c0d1eb8a99a137eaa459cbad7e7a\" title=\"\" tg-width=\"1179\" tg-height=\"587\"/></p><p>具体来看,智能手机业务仍面临一定压力,预计毛利率受到存储芯片价格上涨的影响。尽管如此,手机高端化战略继续推进,整体收入有望得到支撑。物联网与生活方式产品(IoT)的增速预计会有所放缓,主要受到中国补贴退坡的影响,但毛利率依然保持韧性。电动车业务方面,随着交付量的持续增长,小米汽车有望首次盈利。</p><h2 id=\"id_2824935115\">上季度回顾</h2><ul style=\"\"><li><p><strong>营收</strong>:1159.6亿元人民币,同比增长30.5%,创历史新高,超出预期的1149.4亿元人民币。</p></li><li><p><strong>调整后净利润</strong>:108.3亿元人民币,同比增长75.4%,同样创下历史新高,超出预期的102.3亿元人民币。</p></li><li><p><strong>营业利润</strong>:134.4亿元人民币,超出预期的104.3亿元人民币。</p></li><li><p><strong>毛利率</strong>:22.5%,环比微降0.3个百分点。</p></li><li><p><strong>研发支出</strong>:77.6亿元人民币,同比增长41.2%,超出预期的71.8亿元人民币。</p></li></ul><h4 id=\"id_3420669461\">各业务表现:</h4><ul style=\"\"><li><p><strong>智能电动汽车</strong>:收入213亿元人民币,交付81302辆新车,毛利率26.4%。经营亏损收窄至3亿元人民币,远超市场预期。</p></li><li><p><strong>手机业务</strong>:全球出货量同比微增0.6%,达到4240万台,但收入同比下降2.1%,降至455亿元人民币,主要受低价机型拉低整体平均销售单价(ASP)影响。毛利率从12.1%降至11.5%。</p></li><li><p><strong>AIoT业务</strong>:收入同比增长44.7%,达到387亿元人民币,创历史新高。智能大家电(空调、冰箱、洗衣机)表现尤为突出,收入同比增长66.2%,毛利率提升至22.5%。</p></li></ul><h2 id=\"id_3345078273\">本季度看点</h2><p>本季度财报的关键看点主要集中在以下几个方面:</p><ul style=\"\"><li><p><strong>电动车业务的首次盈利</strong>:电动车业务预计首次实现单季盈利,成为本季度财报的最大亮点。随着交付量的逐步攀升,小米电动汽车业务将成为未来增长的重要驱动力。预计交付量约为10.9万辆,收入286亿元,毛利率在26%以上。电动车业务的盈利能力不仅能提升小米整体财务表现,还能增强市场对其未来增长潜力的信心。</p></li><li><p><strong>智能手机业务面临压力</strong>:智能手机毛利率承压,主要由于存储芯片价格上涨。华泰证券预计,第三季度智能手机收入可能小幅下滑约1%。不过,小米在高端市场的持续推进,特别是17系列的高端机型(Pro/Pro Max)占比提升,仍将为整体收入结构提供一定支撑。高端化战略将有助于抵消部分成本压力,尽管短期内毛利率有所下降,长期来看,仍有助于改善盈利能力。</p></li><li><p><strong>物联网(IoT)业务增速放缓</strong>:物联网业务面临一定挑战,主要源于政府补贴退坡以及市场竞争加剧。尽管如此,物联网的毛利率仍保持韧性。建银国际预计,第三季度IoT收入增速可能放缓至5%,但由于小米避免了大规模的价格战,其毛利率仍将维持较高水平。海外市场的持续扩展,尤其是欧洲和印度市场的渗透,或许会成为IoT板块新的增长亮点。</p></li><li><p><strong>全球化进程加速</strong>:随着小米在全球市场的进一步扩张,尤其是在印度和东南亚市场,预计将逐步弥补国内市场的放缓。高盛预计,随着小米在全球零售业务的加强,海外市场的贡献将加速增长,成为驱动公司整体收入增长的重要因素。</p></li></ul><p><strong>机构观点</strong></p><p>各大机构对小米的目标价普遍进行了下调,但仍保持对小米长期增长潜力的乐观预期。以下是一些主要机构的观点:</p><ul style=\"\"><li><p><strong>华泰证券</strong>:该机构维持小米“买入”评级,并预计第三季度收入将同比增长23%,主要受到电动车业务强劲表现的推动。华泰证券预计小米第三季度的电动车出货量为10.9万台,电动车业务有望首次盈利。尽管手机业务毛利率面临压力,华泰证券仍看好小米在高端市场的持续推进,维持目标价65.4港元,较此前下调约5%。</p></li><li><p><strong>花旗银行</strong>:花旗银行对小米的目标价微调,从66港元下调至65港元。花旗预计小米第三季度的电动车营收将实现盈利,但手机业务毛利率及IoT收入增速未达预期。花旗认为,短期内小米的智能手机业务将面临较大压力,但长期来看,小米在AIoT和电动车等新兴业务的增长将支撑其整体业绩。</p></li><li><p><strong>高盛</strong>:高盛对小米的目标价下调幅度较大,从66港元下调至56.5港元。高盛指出,存储芯片价格上涨会对智能手机毛利率带来压力,且电动汽车二期工厂的延期可能影响交付进度。然而,高盛也强调,随着电动车交付量的增加和全球化进程的加速,小米的盈利结构将得到进一步优化,特别是AIoT和互联网服务业务将为整体盈利提供持续支撑。</p></li><li><p><strong>中银国际</strong>:中银国际维持小米“买入”评级,并将目标价小幅下调至74.4港元。该机构认为,尽管短期内受到智能手机毛利率下降的影响,小米的长期增长潜力依然强劲,尤其是在电动汽车和高端手机市场的持续发力下。中银国际认为,小米目前的估值已具吸引力,是一个长期投资机会。</p></li></ul><h2 id=\"id_303898188\">总结</h2><p>小米即将发布的2025年第三季度财报预计将呈现“冰火两重天”的局面。电动汽车业务的盈利突破可能成为亮点,推动整体业绩增长,而智能手机和物联网业务则面临增长放缓和毛利率压力。尽管短期内挑战较大,机构普遍维持“买入”评级,显示出对小米长期增长潜力的信心。</p><p>投资者应关注三大核心业务的表现:电动车盈利能力、智能手机毛利率变化和物联网业务增长。如果这些业务能够按预期发展,尤其是电动车持续盈利,小米股价可能在未来几个月迎来反弹。</p><p>总体来看,虽然短期压力较大,但小米仍具备强劲的长期增长潜力。投资者应在关注短期财报的同时,把握小米在高端手机、电动汽车及全球扩张中的发展机遇。</p><p><em>此内容基于tiger AI数据生成,内容仅供参考。</em></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/aea2b9ab8a046974039715aed46d9985","relate_stocks":{"01810":"小米集团-W"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117325495","content_text":"小米集团-W将于11月18日(港股盘后)发布其2025年第三季度财报。根据老虎国际APP数据预测,小米第三季度总收入约为1165亿元人民币,同比增长约28%。每股收益预计为0.39元,同比增长75%。具体来看,智能手机业务仍面临一定压力,预计毛利率受到存储芯片价格上涨的影响。尽管如此,手机高端化战略继续推进,整体收入有望得到支撑。物联网与生活方式产品(IoT)的增速预计会有所放缓,主要受到中国补贴退坡的影响,但毛利率依然保持韧性。电动车业务方面,随着交付量的持续增长,小米汽车有望首次盈利。上季度回顾营收:1159.6亿元人民币,同比增长30.5%,创历史新高,超出预期的1149.4亿元人民币。调整后净利润:108.3亿元人民币,同比增长75.4%,同样创下历史新高,超出预期的102.3亿元人民币。营业利润:134.4亿元人民币,超出预期的104.3亿元人民币。毛利率:22.5%,环比微降0.3个百分点。研发支出:77.6亿元人民币,同比增长41.2%,超出预期的71.8亿元人民币。各业务表现:智能电动汽车:收入213亿元人民币,交付81302辆新车,毛利率26.4%。经营亏损收窄至3亿元人民币,远超市场预期。手机业务:全球出货量同比微增0.6%,达到4240万台,但收入同比下降2.1%,降至455亿元人民币,主要受低价机型拉低整体平均销售单价(ASP)影响。毛利率从12.1%降至11.5%。AIoT业务:收入同比增长44.7%,达到387亿元人民币,创历史新高。智能大家电(空调、冰箱、洗衣机)表现尤为突出,收入同比增长66.2%,毛利率提升至22.5%。本季度看点本季度财报的关键看点主要集中在以下几个方面:电动车业务的首次盈利:电动车业务预计首次实现单季盈利,成为本季度财报的最大亮点。随着交付量的逐步攀升,小米电动汽车业务将成为未来增长的重要驱动力。预计交付量约为10.9万辆,收入286亿元,毛利率在26%以上。电动车业务的盈利能力不仅能提升小米整体财务表现,还能增强市场对其未来增长潜力的信心。智能手机业务面临压力:智能手机毛利率承压,主要由于存储芯片价格上涨。华泰证券预计,第三季度智能手机收入可能小幅下滑约1%。不过,小米在高端市场的持续推进,特别是17系列的高端机型(Pro/Pro Max)占比提升,仍将为整体收入结构提供一定支撑。高端化战略将有助于抵消部分成本压力,尽管短期内毛利率有所下降,长期来看,仍有助于改善盈利能力。物联网(IoT)业务增速放缓:物联网业务面临一定挑战,主要源于政府补贴退坡以及市场竞争加剧。尽管如此,物联网的毛利率仍保持韧性。建银国际预计,第三季度IoT收入增速可能放缓至5%,但由于小米避免了大规模的价格战,其毛利率仍将维持较高水平。海外市场的持续扩展,尤其是欧洲和印度市场的渗透,或许会成为IoT板块新的增长亮点。全球化进程加速:随着小米在全球市场的进一步扩张,尤其是在印度和东南亚市场,预计将逐步弥补国内市场的放缓。高盛预计,随着小米在全球零售业务的加强,海外市场的贡献将加速增长,成为驱动公司整体收入增长的重要因素。机构观点各大机构对小米的目标价普遍进行了下调,但仍保持对小米长期增长潜力的乐观预期。以下是一些主要机构的观点:华泰证券:该机构维持小米“买入”评级,并预计第三季度收入将同比增长23%,主要受到电动车业务强劲表现的推动。华泰证券预计小米第三季度的电动车出货量为10.9万台,电动车业务有望首次盈利。尽管手机业务毛利率面临压力,华泰证券仍看好小米在高端市场的持续推进,维持目标价65.4港元,较此前下调约5%。花旗银行:花旗银行对小米的目标价微调,从66港元下调至65港元。花旗预计小米第三季度的电动车营收将实现盈利,但手机业务毛利率及IoT收入增速未达预期。花旗认为,短期内小米的智能手机业务将面临较大压力,但长期来看,小米在AIoT和电动车等新兴业务的增长将支撑其整体业绩。高盛:高盛对小米的目标价下调幅度较大,从66港元下调至56.5港元。高盛指出,存储芯片价格上涨会对智能手机毛利率带来压力,且电动汽车二期工厂的延期可能影响交付进度。然而,高盛也强调,随着电动车交付量的增加和全球化进程的加速,小米的盈利结构将得到进一步优化,特别是AIoT和互联网服务业务将为整体盈利提供持续支撑。中银国际:中银国际维持小米“买入”评级,并将目标价小幅下调至74.4港元。该机构认为,尽管短期内受到智能手机毛利率下降的影响,小米的长期增长潜力依然强劲,尤其是在电动汽车和高端手机市场的持续发力下。中银国际认为,小米目前的估值已具吸引力,是一个长期投资机会。总结小米即将发布的2025年第三季度财报预计将呈现“冰火两重天”的局面。电动汽车业务的盈利突破可能成为亮点,推动整体业绩增长,而智能手机和物联网业务则面临增长放缓和毛利率压力。尽管短期内挑战较大,机构普遍维持“买入”评级,显示出对小米长期增长潜力的信心。投资者应关注三大核心业务的表现:电动车盈利能力、智能手机毛利率变化和物联网业务增长。如果这些业务能够按预期发展,尤其是电动车持续盈利,小米股价可能在未来几个月迎来反弹。总体来看,虽然短期压力较大,但小米仍具备强劲的长期增长潜力。投资者应在关注短期财报的同时,把握小米在高端手机、电动汽车及全球扩张中的发展机遇。此内容基于tiger AI数据生成,内容仅供参考。","news_type":1,"symbols_score_info":{"01810":2}},"isVote":1,"tweetType":1,"viewCount":1138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"defaultTab":"following","isTTM":false}