（文章来源：证券日报） 证券日报网讯 1月27日，同力股份发布公告称，公司持股5%以上股东叶磊、许亚楠拟自公告披露之日 起15个交易日后3个月内，通过集中竞价或大宗交易分别减持4600000股，各占公司总股本0.9945%，减 持股份来源为进入北交所前取得及股权激励，拟减持原因为个人资金安排。 ...

证券日报网讯 1月19日，同力股份发布公告称，公司2026年第一次临时股东会审议通过《关于调整公司 独立董事津贴》《关于提名王小峰先生为第六届董事会独立董事》《关于陕西同力重工股份有限公司向 中国银行股份有限公司陕西省分行申请肆亿元综合授信业务》等多项议案。 （文章来源：证券日报） ...

Core Insights - Shaanxi province is witnessing a transformation in its capital market, shifting from resource-driven growth to innovation and technology-driven development, with a focus on high-tech industries and global competitiveness [1][2][3] Group 1: Company Developments - As of January 12, 2026, Shaanxi has 84 A-share listed companies, with over half being high-tech enterprises, which are crucial for high-quality development [2] - Notable companies such as Kangtuo Medical, Nova Star Cloud, Tongli Co., and Lite Optoelectronics are emerging as leaders in their respective niches, focusing on advanced R&D and global market strategies [1][2] - Kangtuo Medical's PEEK materials are registered in nearly 40 countries, while Nova Star Cloud serves over 4,000 clients with its video solutions, showcasing the global reach of Shaanxi enterprises [2] Group 2: R&D and Investment - In 2024, the total R&D investment of A-share listed companies in Shaanxi exceeded 12 billion yuan, with an average R&D intensity of 8.75% among Sci-Tech Innovation Board companies, ranking among the top in the country [2] - The focus on high R&D intensity reflects a long-term commitment to innovation, positioning these companies for future market leadership [2][3] Group 3: Strategic Direction - Shaanxi companies are increasingly adopting a global perspective, not only expanding their markets but also exporting technology standards and brand value [2] - The development path for these companies involves overcoming technical barriers through sustained R&D, leading to market breakthroughs and ultimately enabling them to compete globally [3][4] Group 4: Innovation Ecosystem - The growth of Shaanxi's capital market is supported by initiatives like the "Qin Chuang Yuan" innovation platform and reforms in technology transfer, facilitating the conversion of academic research into industrial applications [4] - There are over 520 key listed companies in Shaanxi, with 96.54% being technology-oriented, indicating a robust pipeline of future growth in sectors like aerospace, semiconductors, and advanced materials [4]

Core Viewpoint - Tongli Co., Ltd. aims to not only sell equipment but also to promote high-end intelligent equipment from China to the world, simplifying global mining operations [5] Group 1: Market Position and Product Development - Tongli Co., Ltd. has maintained a domestic market share of approximately 40% in the non-road wide-body dump truck sector since it developed China's first model in 2004, establishing itself as an industry leader [5] - The company has significantly increased the production ratio of new energy products in recent years, with new energy vehicles surpassing fuel vehicles in market penetration [6] - The company has a comprehensive technology route in the new energy sector, offering a full range of products from 30 tons to 180 tons, including pure electric, hybrid, hydrogen fuel, and methanol-powered vehicles [6] Group 2: Financial Performance - Tongli Co., Ltd.'s revenue grew from 5.202 billion yuan in 2022 to 6.145 billion yuan in 2024, while net profit increased from 466 million yuan to 793 million yuan during the same period [7] - In the first three quarters of 2025, the company achieved a revenue of 4.796 billion yuan and a net profit of 535 million yuan, continuing its positive growth trend [7] Group 3: Customization and Service - The company emphasizes a high-value pricing strategy, focusing on product quality and after-sales service to maintain competitiveness [8] - Tongli Co., Ltd. offers deep customization of products based on extensive mining operation data, providing optimized transportation solutions tailored to various geological conditions [8][9] - The company ensures high customer loyalty through "zero-distance" service, with technical personnel stationed at mining sites to provide support and guarantee a vehicle uptime of no less than 80% [9] Group 4: International Expansion - The overseas market is identified as a key growth area, with plans to invest more resources in developing international sales and service systems [10] - The company has already expanded its products to several countries, including Pakistan, Indonesia, and Russia, and plans to gradually promote new energy and autonomous vehicles in international markets [10] - Tongli Co., Ltd. is accelerating its layout in three major business areas: new energy vehicles, autonomous vehicles, and international markets, to provide new momentum for its development [10]

Group 1 - The engineering machinery sector increased by 0.72% on January 7, with Shaoyang Hydraulic leading the gains at 20.01% [1] - The Shanghai Composite Index closed at 4085.77, up 0.05%, while the Shenzhen Component Index closed at 14030.56, up 0.06% [1] - Key stocks in the engineering machinery sector showed significant price movements, with Shaoyang Hydraulic closing at 41.33 and a trading volume of 340,600 shares, resulting in a transaction value of 1.284 billion yuan [1] Group 2 - The engineering machinery sector experienced a net inflow of 251 million yuan from main funds, while retail investors saw a net outflow of 165 million yuan [2] - Major stocks like Shaoyang Hydraulic had a net inflow of 25.2 million yuan from main funds, indicating strong institutional interest [3] - Conversely, stocks like LiuGong and Zhonglian Heavy Industry faced declines of 3.24% and 2.27%, respectively, reflecting a mixed performance within the sector [2][3]

Core Viewpoint - The company, Shaanxi Tongli Heavy Industry Co., Ltd. (Tongli Co., 920599.BJ), has reported significant growth in sales of its new energy and autonomous driving products, indicating a strong demand shift towards these sectors in the coming years [1] Group 1: Company Overview - Tongli Co. is an engineering machinery manufacturer that integrates product research and development, design, production, sales, and after-sales service, as well as general contracting services [1] - The main products include various types of off-road wide-body dump trucks, off-road mining dump trucks, and underground vehicles required for mining operations [1] Group 2: Product Performance - The sales of new energy products have seen rapid growth this year, with expectations that they will become the primary demand driver in the next two years [1] - The autonomous driving products are now fully capable of large-scale commercialization, with high customer interest and some clients already beginning to make purchases, which will also drive demand in the coming years [1]

同力股份 20251224 截至目前，传统油车在我们公司的销售占比已经降到 50%以下，今年（2025 年）新能源产品的销售占比已超过 60%。尽管如此，短期内传统油车不可能完 全消失。对于露天煤矿而言，未来三到五年内大多数将被新能源车辆替代。然 而，在非煤领域，如一些小型有色矿和铁矿，由于运输量小、工作效率低以及 购置成本高、回本周期长等原因，这些企业可能会继续选择传统油车。中小吨 位油车对这些企业来说购置成本较低且压力较小。因此，未来传统油车仍将存 在，只是数量在露天煤矿中会迅速减少，而在非煤领域则继续存在。 在海外市 场，两三年内仍以油车为主，因为国外客户对新能源产品还处于验证和观望阶 段。此外，许多地方基础设施尤其是电力设施不完善，使得补能存在明显短板， 无人驾驶矿卡行业增速主要受国家政策引导和司机短缺驱动。同力股份 在海外市场面临销售和服务渠道不足的挑战，将注重质量和利润，稳扎 稳打地推进主要区域市场。 国内煤炭开采受政府指导，需求稳定，宽体车行业整体下滑，但新能源 车辆弥补部分缺口。预计 2026 年露天煤矿以存量替代为主，行业需求 可能持平或略有下降。 因此短期内不会像国内一样快速转向新能源产品 ...

Core Insights - The engineering machinery industry is expected to maintain steady growth in 2025, driven by domestic infrastructure investment and overseas market expansion, achieving a high-quality development pattern of "stable growth, structural optimization, and improved efficiency" [10] - The report maintains a "leading the market" rating for the engineering machinery sector, highlighting the potential of intelligent logistics and mining machinery as key investment areas [10] Industry Performance Overview - The engineering machinery industry index has outperformed major market indices, with a year-to-date increase of 33.14% as of December 21, 2025, significantly surpassing the Shanghai Composite Index and Shenzhen Component Index [9][14] - The revenue and net profit of the engineering machinery industry grew by 10.84% and 19.72% year-on-year, respectively, in the first three quarters of 2025, indicating a recovery in operational performance [21][23] Intelligent Logistics Equipment - The demand from e-commerce has driven rapid transformation in the logistics market, with the logistics total amount reaching 263.2 trillion yuan in the first three quarters of 2025, a year-on-year increase of 5.4% [38][49] - Policies at both national and local levels are establishing a supportive framework for the development of intelligent logistics, focusing on technology empowerment, equipment upgrades, and scenario innovation [10][55] Mining Machinery and Tunnel Engineering Equipment - The "14th Five-Year Plan" emphasizes the development of deep-earth economy, with mining machinery showing significant work hour differentiation, particularly for non-road dump trucks [10][19] - The demand for intelligent mining equipment is accelerating due to stringent policies related to carbon neutrality and safety regulations, driving the production of advanced machinery [10][21] Investment Recommendations - The report suggests focusing on companies involved in intelligent logistics equipment such as Anhui Heli and Hangcha Group, as well as traditional earth-moving machinery like SANY Heavy Industry and Zoomlion [10][7] - The mining machinery sector is highlighted for its growth potential, particularly in non-road dump trucks and tunnel boring machines, with companies like Tiedao Heavy Industry and Wuxin Tunnel Equipment recommended for investment [10][7]

Group 1 - The core point of the news is that Tongli Co., Ltd. (stock code: 920599) executed a block trade on December 9, with a transaction volume of 227,500 shares and a transaction amount of 3.2394 million yuan, at a price of 14.24 yuan, which represents a discount of 27.49% compared to the closing price of the day [2][3] - The buyer of the block trade was CITIC Securities (Shandong) Co., Ltd., Longkou Nanshan Road Securities Business Department, while the seller was Dongbei Securities Co., Ltd., Yantai Branch [2][3] - In the past month, there have been a total of 3 block trades for this stock, with a cumulative transaction amount of 22.3081 million yuan [3] Group 2 - On the same day, Tongli Co., Ltd. closed at 19.64 yuan, down 3.39%, with a turnover rate of 1.13% and a total transaction amount of 78.2103 million yuan [3] - Over the past five days, the stock has experienced a cumulative decline of 2.29% [3] - Tongli Heavy Industry Co., Ltd. was established on February 1, 2005, with a registered capital of 462.525 million yuan [3]

Group 1 - The engineering machinery sector experienced a decline of 0.81% on December 9, with Tongli Co., Ltd. leading the losses [1] - The Shanghai Composite Index closed at 3909.52, down 0.37%, while the Shenzhen Component Index closed at 13277.36, down 0.39% [1] - A detailed table of individual stock performance within the engineering machinery sector was provided [1] Group 2 - The net capital outflow from the engineering machinery sector amounted to 228 million yuan, with retail investors contributing a net inflow of 240 million yuan [2] - The main funds saw a net outflow of 12.04 million yuan, indicating a shift in investment dynamics within the sector [2] - A table detailing the capital flow for individual stocks in the engineering machinery sector was included [2]