Core Insights - The 7th Zhejiang International Smart Transportation Industry Expo opened on December 11 in Hangzhou, showcasing the achievements of the comprehensive transportation industry in Zhejiang and fostering new productive forces in the transportation sector [1][2] Group 1: Event Overview - The expo features "5 major theme pavilions + 2 special exhibition areas + X supporting activities," providing a comprehensive display of the development results in the transportation industry [1][2] - A significant model called "Four Ports Intelligent Transportation" was officially released, developed under the guidance of the Provincial Transportation Department and the Provincial Data Bureau, aimed at enhancing logistics efficiency through AI [1][2] Group 2: Participation and Exhibits - A total of 280 enterprises participated in the expo, including 77 leading domestic and international companies such as CRRC, Tianmushan Laboratory, Zhenhua Heavy Industries, Hikvision, Huawei, Geely, and Zhejiang Energy [1][2] - The event showcased 695 new technologies, products, and equipment, with 57 highlighted exhibits, covering various sectors including highways, railways, ports, logistics, aviation, low-altitude economy, green and low-carbon initiatives, and digital transportation [1][2] Group 3: Investment Projects - Several comprehensive transportation industry investment projects spanning multiple fields are set to be signed at the expo, indicating a strong interest in advancing the sector [1][2]

Core Viewpoint - The meeting between Nanjing city leaders and China CRRC Group aims to enhance cooperation in various sectors, including rail transit, new materials, and new energy, aligning with national development strategies [1][2]. Group 1 - Nanjing city officials emphasized the importance of implementing the spirit of the 20th National Congress and the Central Economic Work Conference [1]. - The collaboration will leverage Nanjing's resource endowments and CRRC Group's technological and industrial chain advantages [1]. - The focus will be on expanding practical cooperation to strengthen the equipment manufacturing industry and build a new industrial support system [1]. Group 2 - The partnership aims to promote the transformation and upgrading of industries, contributing to a new chapter in cooperation between central enterprises and local governments [1]. - Key areas of cooperation include rail transit, new materials, and new energy development and utilization [1].

每经AI快讯，12月11日，据怡亚通公众号消息，近日，怡亚通凭借强大的供应链整合能力和专业的采 供服务能力，中标中国中车2026—2027年福利类供应商集中采购项目。 每经AI快讯，12月11日，据怡亚通公众号消息，近日，怡亚通凭借强大的供应链整合能力和专业的采 供服务能力，中标中国中车2026—2027年福利类供应商集中采购项目。 ...

人民财讯12月11日电，据怡亚通（002183）消息，近日，怡亚通成功中标中国中车（601766）2026- 2027年福利类供应商集中采购项目。 ...

"十五五"规划建议专章部署"加快高水平科技自立自强，引领发展新质生产力"，明确"加强知识产 权保护和运用"。国家知识产权局数据显示，我国已经成为世界首个国内有效发明专利拥有量超过500万 件的国家，PCT国际专利申请量连续6年位居全球第一。 这份创新成绩单来之不易。"十四五"期间，我国知识产权从"量的积累"向"质的提升"转变，硬核专 利加速落地，勾勒出创新驱动发展的生动图景，为"十五五"时期加快高水平科技自立自强筑牢根基。 创新是引领发展的第一动力，保护知识产权就是保护创新。五年来，政策引导与市场驱动双向发 力：开展专利转化运用专项行动，梳理盘活高校和科研机构存量专利，培育推广专利密集型产品；建立 产学研用协同机制，打通实验室到生产线的"最后一公里"；强化知识产权保护，让创新者敢投敢闯。 专利赋能千行百业。从5G专利全球领先，到"嫦娥""天问"的深空探索，从高校实验室的基础研究专 利，到小微企业的实用创新成果，高价值发明专利正成为产业升级的"加速器"、民生改善的"金钥匙"。 高价值发明专利是实现高质量发展的关键要素。截至2025年6月，我国每万人口高价值发明专利拥 有量已达15.3件，提前实现"十四五"规划预 ...

Group 1 - The core viewpoint of the article highlights the trend of companies in the A-share market pursuing spin-off listings, with 30 companies currently in line for this process, indicating a significant shift towards independent financing for subsidiaries [2][5] - Spin-offs allow parent companies to focus on their core business while providing subsidiaries with independent financing channels, which has attracted institutional investors who are quick to capitalize on policy changes [2][5] - The article emphasizes the information asymmetry in the market, where institutional investors have the advantage of early access to signals and trends, leaving retail investors at a disadvantage [2][3] Group 2 - The biggest risk in a bull market is not a downturn but missing out on opportunities, as many investors become overly cautious after experiencing bear markets [3][5] - Market consensus plays a crucial role in bull markets, where the value of assets is often driven by the collective agreement among institutional investors [5][6] - Understanding institutional behavior is essential for retail investors, as true market intentions are often hidden behind superficial trading patterns [6][8] Group 3 - The article provides examples of specific stocks, such as Cambrian and Tibet Tianlu, to illustrate how institutional activity can signal potential price movements and the importance of monitoring these trends [8][10] - Quantitative data can help retail investors visualize capital flows, providing insights that traditional technical analysis may miss [11][13] - The relationship between spin-off announcements and institutional accumulation of shares is highlighted, suggesting that retail investors can benefit from observing these patterns [13][14] Group 4 - Recommendations for retail investors include focusing on who is buying rather than what to buy, establishing a personal observation system, and maintaining patience and emotional control in investment decisions [14]

Group 1 - The company will hold its third extraordinary general meeting of shareholders on December 29, 2025 [2][5] - The meeting will take place at the company's conference room located at No. 16-5, Xihuan Middle Road, Haidian District, Beijing [2][5] - Voting will be conducted through a combination of on-site and online methods, utilizing the Shanghai Stock Exchange's online voting system [5][6] Group 2 - The online voting period is set for December 29, 2025, with specific voting times during trading hours [3][6] - All resolutions to be discussed at the meeting have been approved by the company's board of directors [5][6] - The first ten agenda items are special resolutions requiring at least two-thirds of the voting rights to pass [6] Group 3 - Shareholders must register to attend the meeting by December 22, 2025, and can do so via various methods including mail or fax [12][14] - Personal identification is required for shareholders attending in person, and proxies must present authorization documents [13][14] - The meeting is expected to last half a day, with attendees responsible for their own travel and accommodation costs [16]

中國中車股份有限公司 CRRC CORPORATION LIMITED （於中華人民共和國註冊成立的股份有限公司） （股份代碼：1766） 2025年12月29日（星期一）舉行的 2025年第三次臨時股東會之代表委任表格 地址為 （附註3） 為本人╱吾等的代表，代表本人╱吾等出席2025年12月29日（星期一）下午2時正於中國北京市海澱區西四環中路16-5號本公 司515會議室舉行的本公司2025年第三次臨時股東會（「臨時股東會」）及其任何續會，並依照下列指示代表本人╱吾等就本公 司日期為2025年12月5日的臨時股東會通告（「臨時股東會通告」）所列決議案投票，如無作出指示，則由本人╱吾等的代表自 行酌情投票表決。 | | 特別決議案 | （附註4） 贊成 | （附註4） 反對 | 棄權 | （附註4） | | --- | --- | --- | --- | --- | --- | | 1. | 審議及批准關於分拆所屬子公司中車戚墅堰機車車輛工藝研究所股份 | | | | | | | 有限公司至深圳證券交易所創業板上市背景及目的、商業合理性、必 | | | | | | | 要性及可行性分析的議案 | | | ...

此乃要件 請即處理 閣下如對本通函任何方面或應採取的行動有任何疑問，應諮詢 閣下的持牌證券商、 銀行經理、律師、專業會計師或其他專業顧問。 閣下如已將名下全部中國中車股份有限公司股份售出或轉讓，應立即將本通函及隨附 的臨時股東會代表委任表格交予買方或承讓人，或送交經手買賣或轉讓的銀行、持牌 證券商或其他代理商，以便轉交買方或承讓人。 香港交易及結算所有限公司及香港聯合交易所有限公司對本文件的內容概不負責，對 其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本文件全部或任何部份 內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 中國中車股份有限公司 CRRC CORPORATION LIMITED （於中華人民共和國註冊成立的股份有限公司） （股份代碼：1766） 關於分拆中車戚所至創業板上市 及 2025年第三次臨時股東會通知 中國中車股份有限公司謹訂於2025年12月29日（星期一）下午2時正（將於下午1時30分開 始辦理登記手續）假座中國北京市海澱區西四環中路16-5號本公司515會議室舉行臨時 股東會，臨時股東會通告載於本通函的第29至第30頁。 不論 閣下能否出席臨時股東會，務請細閱臨時 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本通告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本通告全部或任何 部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 中國中車股份有限公司 CRRC CORPORATION LIMITED （於中華人民共和國註冊成立的股份有限公司） （股份代號：1766） 臨時股東會通告 茲通告中國中車股份有限公司（「本公司」）謹訂於2025年12月29日（星期一）下午2時正 （將於下午1時30分開始辦理登記手續）假座中國北京市海澱區西四環中路16-5號本公 司515會議室舉行的2025年第三次臨時股東會（「臨時股東會」），以審議並酌情通過下 列決議案（除非另有所指，本通告所用詞彙與本公司日期為2025年12月5日的通函所 定義者具有相同涵義）： 特別決議案 1 1. 審議及批准關於分拆所屬子公司中車戚墅堰機車車輛工藝研究所股份有限公司至 深圳證券交易所創業板上市背景及目的、商業合理性、必要性及可行性分析的議 案 2. 審議及批准關於分拆所屬子公司中車戚墅堰機車車輛工藝研究所股份有限公司至 深圳證券交易所創業板上市符合相關法律、法規規 ...