一、2025 年年度主要财务数据和指标 单位：元 证券代码：920030 证券简称：德众汽车 公告编号：2026-005 湖南德众汽车销售服务股份有限公司 2025 年年度业绩快报公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 特别提示：本公告所载 2025 年年度主要财务数据为初步核算数据，未经会 计师事务所审计，具体数据以公司 2025 年年度报告中披露的数据为准，提请投 资者注意投资风险。 | 项目 | 本报告期 | 上年同期 | 变动比例% | | --- | --- | --- | --- | | 营业收入 | 2,370,426,151.37 | 2,363,919,525.68 | 0.28% | | 利润总额 | -27,922,194.91 | 5,151,382.13 | -642.03% | | 归属于上市公司股东的净利润 | -32,062,205.65 | 5,657,506.93 | -666.72% | | 归属于上市公司股东的扣除非 | -38,145,857.71 ...

证券代码：920030 证券简称：德众汽车 公告编号：2026-004 湖南德众汽车销售服务股份有限公司 关于变更签字注册会计师的公告 中兴华会计师事务所（特殊普通合伙）原指派曾双女士、张修培先生作为签 字注册会计师为公司提供2025年度审计服务。由于原签字注册会计师张修培先生 工作调动，现改派张延玖女士接替张修培先生为项目签字注册会计师，继续完成 公司2025年度财务报告审计及内部控制审计相关工作。变更后，为公司提供2025 年度审计服务的签字注册会计师为曾双女士、张延玖女士。 二、变更后签字注册会计师情况 1.基本信息 | 姓名 | 角色 | 成为注册 会计师时 | 开始从事上 市公司和挂 | 开始在本 所执业时 | 开始为本公 司提供审计 | | 近三年签署及 复核过上市公司 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 间 | 牌公司审计 | 间 | 服 务 时 | 间 | 审计报告家数 | | | | | 时间 | | | | | | 张延玖 | 项目签 字注册 | 2024年 | 2022年 | 2025年 | 2025年 | ...

证券代码：920030 证券简称：德众汽车 公告编号：2026-003 湖南德众汽车销售服务股份有限公司 第四届董事会第十七次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2026 年 2 月 12 日 2.会议召开地点：德众汽车大楼四楼会议室 3.会议召开方式：现场方式 4.发出董事会会议通知的时间和方式：2026 年 2 月 6 日以书面方式发出 6.会议列席人员：公司高级管理人员 7.召开情况合法合规的说明： 本次会议的召集、召开、议案审议程序等符合《中华人民共和国公司法》等 相关法律、行政法规、部门规章、规范性文件和《公司章程》中关于董事会召开 的有关规定。 （二）会议出席情况 会议应出席董事 9 人，出席和授权出席董事 9 人。 二、议案审议情况 （一）审议通过《关于会计师事务所变更签字注册会计师的议案》 1.议案内容： 中兴华会计师事务所（特殊普通合伙）原指派曾双女士、张修培先生作为签 字注册会计师为公司提供 20 ...

文/ 梧桐小编 1 月28 日，湖南证监局公布《关于对中兴华会计师事务所（特殊普通合伙）及相关人员采取出具警示 函措施的决定》。湖南证监局对该所执业的湖南德众汽车销售服务股份有限公司（920030）2024年年 报审计项目进行了检查，发现存在以下问题：一、关联方审计方面：未充分实施关联方核查程序，未能 识别部分供应商与德众汽车存在关联关系。二、预付款项审计方面：一是未关注采购货物到货情况和期 后异常。二是未对供应商函证收寄人身份不明确的异常情况保持职业怀疑，未对上述异常情况实施进一 步审计程序。关联方和预付款项审计程序执行不到位，导致未能发现德众汽车存在关联方非经营性资金 占用，涉及金额655万元。三、存货审计方面：一是未审慎评估预计销售费用率取值合理性。二是未说 明不同品牌车辆采用不同口径平均售价计算可变现净值的原因及合理性。四、在建工程审计方面：一是 未就可研报告时间晚于项目动工时间的异常情形进行核查。二是未关注工程物资的出库及领用情况。三 是底稿中记录的在建工程预算金额、完工进度与财务报表附注披露的信息不一致，未核实披露信息准确 性。曾双、张修培作为德众汽车2024年年报审计项目签字注册会计师，对上述违 ...

Financial Performance - The company expects a net profit attributable to shareholders to be between -37 million and -30 million CNY, representing a year-on-year change of -754.00% to -630.27%[5] - The decline in performance is attributed to intensified price competition in the domestic automotive industry, leading to a decrease in overall gross margin compared to the previous year[7] - The financial data provided is preliminary and has not been audited by an accounting firm, with final figures to be disclosed in the 2025 annual report[8] Strategic Adjustments - The company has shut down certain fuel vehicle 4S stores as part of a strategic business adjustment, resulting in increased one-time closure costs[7] - The net realizable value of the company's inventory has fallen below cost, leading to a year-on-year increase in inventory impairment provisions[7]

Core Viewpoint - The automotive service sector experienced a decline of 3.0% on January 26, with Xiamen Xinda leading the drop [1] Group 1: Market Performance - The Shanghai Composite Index closed at 4132.61, down 0.09% [1] - The Shenzhen Component Index closed at 14316.64, down 0.85% [1] - Key stocks in the automotive service sector showed significant declines, with Xiamen Xinda down 7.27% to 6.38 [1] Group 2: Stock Performance - Xiamen Xinda (000701) had a closing price of 6.38, with a trading volume of 557,400 shares and a turnover of 363 million [1] - Other notable declines included: - Jiao Yun Co. (600676) down 6.40% to 61.8 with a turnover of 476 million [1] - Alte (300825) down 3.36% to 10.37 with a turnover of 136 million [1] - Shanghai Wumao (600822) down 3.19% to 11.53 with a turnover of 136 million [1] Group 3: Capital Flow - The automotive service sector saw a net outflow of 156 million from main funds, while retail investors contributed a net inflow of 119 million [1] - The detailed capital flow for selected stocks showed: - China Automotive Research (601965) had a main fund net inflow of 10.39 million [2] - Xiamen Xinda (000701) experienced a main fund net outflow of 43.40 million [2] - Shanghai Wumao (600822) had a significant main fund net outflow of 19.35 million [2]

Group 1 - The report highlights the introduction of the "Interim Measures for the Recycling and Comprehensive Utilization of Waste Power Batteries for New Energy Vehicles," which will take effect on April 1, 2026, mandating a full lifecycle management approach for retired batteries [4][16][17] - The total amount of retired lithium batteries in mainland China is projected to increase from 157,100 tons in 2020 to 455,100 tons in 2024, representing a compound annual growth rate (CAGR) of 30.5% [4][37][39] - The report identifies four companies listed on the Beijing Stock Exchange involved in lithium battery recycling, with a total market capitalization of 10.459 billion yuan as of January 23, 2026 [4][45][46] Group 2 - The chemical new materials sector experienced an average weekly increase of 5.11% in stock prices, with notable companies such as Meibang Technology and Tianli Composite showing significant gains [5][62] - The average price-to-earnings (P/E) ratio for the chemical new materials industry rose to 42.5X, indicating a positive market sentiment [5][62] - The technology sector saw a median P/E ratio increase from 44.3X to 44.7X, with a total market capitalization growth from 546.417 billion yuan to 560.692 billion yuan [6][76][77] Group 3 - The report emphasizes the importance of both tiered utilization and recycling of retired power batteries, with tiered utilization focusing on reusing batteries with remaining capacity for applications such as energy storage systems [25][26] - The recycling process aims to extract valuable materials from waste batteries, with physical and chemical recovery methods being the primary techniques employed [27][29][30] - The report notes that the global processing volume of retired batteries is expected to grow from 338,400 tons in 2020 to 1.3 million tons by 2024, with a CAGR of 40.6% [40]

Market Overview - The automotive service sector increased by 2.21% on January 23, with Guoji Automobile leading the gains [1] - The Shanghai Composite Index closed at 4136.16, up 0.33%, while the Shenzhen Component Index closed at 14439.66, up 0.79% [1] Stock Performance - Guoji Automobile (600335) closed at 7.05, up 4.91% with a trading volume of 676,800 shares and a transaction value of 473 million [1] - China Automotive Research (601965) closed at 20.24, up 4.60% with a trading volume of 279,600 shares and a transaction value of 553 million [1] - Xiamen Xinda (000701) closed at 6.88, up 4.08% with a trading volume of 261,600 shares and a transaction value of 178 million [1] - Other notable stocks include Zhongqi Co. (301215) up 1.66%, Beiba Media (600386) up 1.30%, and Shenhua Holdings (600653) up 1.01% [1] Capital Flow - The automotive service sector experienced a net outflow of 25.884 million from institutional investors, while retail investors saw a net inflow of 5.266 million [2] - The sector's overall capital flow indicates a mixed sentiment among different investor types [2] Detailed Capital Flow Analysis - China Automotive Research (601965) had a net inflow of 40.064 million from institutional investors, but a net outflow of 48.685 million from retail investors [3] - Xiamen Xinda (000701) saw a net inflow of 29.717 million from institutional investors, with significant outflows from both retail and speculative investors [3] - Guoji Automobile (600335) had a net inflow of 9.610 million from institutional investors, while retail investors experienced a net outflow of 16.229 million [3] - Other stocks like Alite (300825) showed a significant net outflow of 13.994 million from institutional investors, indicating a bearish sentiment [3]

Core Viewpoint - The automotive service sector experienced a rise of 1.35% on January 21, with Jiaoyun Co. leading the gains. The Shanghai Composite Index closed at 4116.94, up 0.08%, while the Shenzhen Component Index closed at 14255.12, up 0.7% [1]. Group 1: Stock Performance - Jiaoyun Co. (600676) closed at 9.83, with a significant increase of 9.96% and a trading volume of 418,600 shares, amounting to a transaction value of 394 million yuan [1]. - Shanghai Wumart (600822) saw a closing price of 11.80, up 4.06%, with a trading volume of 270,900 shares, resulting in a transaction value of 323 million yuan [1]. - Other notable performers included Alter (300825) with a closing price of 10.55, up 0.86%, and Zhongqi Co. (301215) at 7.21, up 0.70% [1]. Group 2: Capital Flow - The automotive service sector had a net inflow of 91.74 million yuan from main funds, while retail investors experienced a net outflow of 61.88 million yuan [2]. - Main funds showed significant interest in Jiaoyun Co. with a net inflow of 71.77 million yuan, representing 18.24% of the total, while retail investors had a net outflow of 39.67 million yuan [3]. - Shanghai Wumart also attracted main fund inflows of 23.89 million yuan, with retail investors seeing a net outflow of 37.51 million yuan [3].

Core Viewpoint - The automotive service sector experienced a rise of 0.87% on January 14, with Jiaoyun Co., Ltd. leading the gains, while the overall Shanghai Composite Index fell by 0.31% [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 4126.09, down 0.31% [1]. - The Shenzhen Component Index closed at 14248.6, up 0.56% [1]. - The automotive service sector stocks showed varied performance, with Jiaoyun Co., Ltd. closing at 9.03, up 9.85% [1]. Group 2: Stock Performance - Key stocks in the automotive service sector included: - Jiaoyun Co., Ltd. (600676): Closed at 9.03, up 9.85%, with a trading volume of 1.5396 million shares and a turnover of 1.367 billion [1]. - Beiba Media (600386): Closed at 4.60, up 2.00%, with a trading volume of 186,900 shares and a turnover of 85.5371 million [1]. - Altec (300825): Closed at 10.95, up 0.83%, with a trading volume of 237,500 shares and a turnover of 260 million [1]. Group 3: Capital Flow - The automotive service sector saw a net outflow of 113 million from institutional investors, while retail investors contributed a net inflow of 81.4848 million [2]. - The capital flow for key stocks indicated: - Beiba Media had a net inflow of 10.0547 million from institutional investors [3]. - China Automotive Research (601965) experienced a net outflow of 9.4057 million from speculative funds [3]. - Altec had a significant net inflow of 39.7496 million from retail investors, despite a net outflow of 31.5368 million from institutional investors [3].