中国中车股份有限公司 关于分拆所属子公司 中车戚墅堰机车车辆工艺研究所股份有限公司 至深圳证券交易所创业板上市的预案 （修订稿） 独立财务顾问 二〇二五年十一月 | 释 义 | 5 | | --- | --- | | 公司声明 | 6 | | 证券服务机构声明 | 7 | | 重大事项提示 | 8 | | 一、本次分拆上市方案简介 8 | | | 二、本次分拆发行上市方案介绍 8 | | | 三、本次分拆对公司的影响 10 | | | 四、本次分拆对各方股东特别是中小股东、债权人和其他利益相关方的影 | | | 响 10 | | | 五、本次分拆的决策过程和批准情况 11 | | | 六、各方出具的重要承诺/说明/声明 12 | | | 七、上市公司控股股东对本次分拆的原则性意见 16 | | | 八、待补充披露的信息提示 17 | | | 九、其他需要提醒投资者重点关注的事项 17 | | | 重大风险提示 | 18 | | 一、本次分拆上市的审批风险 18 | | | 二、与拟分拆主体相关的风险 18 | | | 三、股票市场波动风险 19 | | | 四、不可抗力风险 19 | | | 第一章 本次分拆 ...

中国中车股份有限公司（以下简称"中国中车"或"公司"）拟分拆所属子 公司中车戚墅堰机车车辆工艺研究所股份有限公司至深圳证券交易所创业板上 市（以下简称"本次分拆"）。董事会现对本次分拆董事会决议日前公司 A 股股 票波动情况说明如下： 公司于 2025 年 11 月 27 日召开第四届董事会第四次会议审议本次分拆的相 关事项。本次董事会决议日前 20 个交易日的区间段为 2025 年 10 月 30 日至 2025 年 11 月 26 日，涨跌幅计算基准日为董事会决议日前第 21 个交易日（2025 年 10 月 29 日），该区间段内中国中车 A 股股票（代码：601766.SH）、上证指数（代 码：000001.SH）、Wind 轨道交通指数（代码：866066.WI）的累计涨跌幅情况如 下： | 项目 | 2025 年 （收盘价） | 10 月 | 29 日 | 2025 | 年 11 月 （收盘价） | 26 日 | 涨跌幅 | | --- | --- | --- | --- | --- | --- | --- | --- | | 中国中车 A 股股价 （元/股） | 7.92 | | | | | 7 ...

中国中车股份有限公司（以下简称"公司"）第四届董事会第四次会议于 2025 年 11 月 24 日以书面形式发出通知，于 2025 年 11 月 27 日以现场会议的方式在 北京召开。会议应到董事 8 人，实到董事 7 人，独立非执行董事魏明德先生因其 他公务未能亲自出席本次会议，委托独立非执行董事王西峰先生代其行使在本次 会议上各项议案的表决权和会议决议、会议记录等文件的签字权。公司部分高级 管理人员及有关人员列席了会议。本次会议的召开符合有关法律、行政法规、部 门规章和《中国中车股份有限公司章程》（以下简称"《公司章程》"）的有关规定。 会议由董事长孙永才先生主持，经过有效表决，会议形成以下决议： 一、审议通过《关于分拆所属子公司中车戚墅堰机车车辆工艺研究所股份 有限公司至深圳证券交易所创业板上市背景及目的、商业合理性、必要性及可 行性分析的议案》。 证券代码：601766（A 股） 股票简称：中国中车（A 股） 编号：2025-051 证券代码： 1766（H 股） 股票简称：中国中车（H 股） 中国中车股份有限公司 第四届董事会第四次会议决议公告 本公司董事会及全体董事保证公告内容不存在任何虚假记载、 ...

Core Viewpoint - The article discusses the release of the evaluation index system for world-class enterprises in 16 industries by state-owned enterprises, highlighting the progress and assessment of central enterprises in building world-class standards [1]. Group 1: Evaluation Index System - The first batch of 11 industry evaluation index systems was released in November 2024, followed by a second batch of 5 in November 2025, covering 16 industries including power grid, oil and gas exploration, and telecommunications [1]. - The evaluation index system aims to assess the construction of world-class enterprises based on data from the year 2024 [1]. Group 2: Assessment Results - Among the 45 central enterprises evaluated, 13, including China National Petroleum, China Petroleum & Chemical, and State Grid, ranked in the top tier of their respective industries [1]. - The overall results indicate that central enterprises are making solid progress in building world-class standards [1]. Group 3: Key Evaluation Metrics - The evaluation metrics include various dimensions such as competitiveness, innovation, control, influence, and risk management, with specific indicators for each dimension [2][4][5]. - Key indicators include total revenue, total assets, profit margins, and R&D investment intensity, which are essential for assessing the performance and competitiveness of enterprises [2][3][4][5].

Core Viewpoint - The opening of the modernized section of Line 1 of the Mexico City Metro marks a significant milestone for the project, showcasing the successful completion of a comprehensive upgrade that enhances connectivity in the metropolitan area [2][3]. Group 1: Project Overview - The Mexico City Metro Line 1 project includes four main components: track renovation and maintenance services, station platform reinforcement, replacement of the train signaling system, and supply of 29 new rubber-tired metro vehicles [2]. - The project has been recognized as the most important modernization effort in the history of the Mexico City Metro, with the entire line now operational after five years of extensive renovations [2][3]. Group 2: Technical Details - The upgraded Line 1 spans 18.83 kilometers with 20 stations, serving approximately 243 million passengers annually, making it a crucial transit line for Mexico City [3]. - All systems of the renovated Line 1 have been replaced, including tracks and power systems, and the introduction of 29 new energy-efficient trains positions it among the most advanced metro lines globally [3]. Group 3: Business Model and Strategy - China CNR has been promoting the "System+" business model, which focuses on providing integrated lifecycle solutions supported by digitalization and intelligence [4][5]. - The "System+" model aims to reduce investment costs, shorten construction periods, and enhance operational efficiency, thereby attracting investment in transportation infrastructure [4][5]. Group 4: International Business Performance - In 2023, China CNR signed new international orders worth approximately 298.6 billion, marking a 6.99% year-on-year increase, with international business orders reaching about 58.4 billion, a 14.73% increase [5]. - Despite a decrease in new international orders in 2024, the volume remains high compared to the past decade, indicating a strong position in the overseas market [6].

Group 1 - China Pacific Insurance (Group) Co., Ltd. increased its stake in CRRC Corporation Limited by acquiring 8.58 million shares at an average price of HKD 6.3429 per share, totaling approximately HKD 54.42 million [1][2] - Following this transaction, China Pacific Insurance's total shareholding in CRRC has risen to 265,816,000 shares, increasing its ownership percentage from 5.88% to 6.08% [1][2]

Group 1 - The core point of the article is that China Ping An Insurance (Group) Co., Ltd. has increased its stake in CRRC Corporation Limited by purchasing 8.58 million shares at an average price of HKD 6.3429 per share, raising its ownership percentage from 5.88% to 6.08% [1][2]. Group 2 - The total investment made by China Ping An for this acquisition amounts to approximately HKD 54.42 million [1]. - Following the purchase, China Ping An's total shareholding in CRRC Corporation is now 265,816,000 shares [1][2].

Group 1 - The core point of the article is that China Ping An has increased its stake in China CRRC by purchasing 8.58 million shares at an average price of HKD 6.3429 per share, totaling approximately HKD 54.42 million [1] - Following this acquisition, China Ping An's total shareholding in China CRRC has reached approximately 266 million shares, representing a holding percentage of 6.08% [1]

Group 1 - The core point of the article is that China Ping An has increased its stake in CRRC Corporation Limited by acquiring 8.58 million shares at an average price of HKD 6.3429 per share, totaling approximately HKD 54.42 million [1] - After the acquisition, China Ping An's total shareholding in CRRC is approximately 266 million shares, representing a holding percentage of 6.08% [1]

香港联交所最新资料显示，11月12日，平安资管公司增持中国中车（601766）(01766)1392.8万股，每股 均价6.3788港元，总金额约为8884.39万港元。增持后最新持股数目约为3.11亿股，最新持股比例 7.12%。 ...