来源：新浪基金∞工作室 其中，国投瑞银瑞盛混合(LOF)A（161232）三季度持有股数97.48万股，占基金净值比例为2.68%，位 居第三大重仓股。根据测算，今日浮盈赚取约48.74万元。 国投瑞银招财混合A（001266）三季度持有股数16万股，占基金净值比例为3.33%，位居第三大重仓 股。根据测算，今日浮盈赚取约8万元。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 从基金十大重仓股角度 数据显示，国投瑞银基金旗下2只基金重仓中集车辆股票，合计持有中集车辆113.48万股，按前一日收 盘9.33元，今日截止发稿股价9.83元计算，日浮盈56.74万元。 基金名称基金代码基金经理持股数量(股)占流通股比例(%)占基金净值比(%)持股数量变动(股)国投瑞银 瑞盛混合(LOF)A161232贺明之9748000.0672.68新进国投瑞银招财混合A001266贺明之1600000.0113.33新 进 11月5日，中集车辆涨5.36%，截至发稿，报9.83元/股，成 ...

来源：新浪证券-红岸工作室 11月5日，中集车辆盘中上涨2.04%，截至11:04，报9.52元/股，成交5328.65万元，换手率0.39%，总市 值178.42亿元。 资金流向方面，主力资金净流出89.42万元，大单买入461.84万元，占比8.67%，卖出551.26万元，占比 10.35%。 中集车辆今年以来股价涨8.55%，近5个交易日涨2.48%，近20日跌0.94%，近60日涨9.80%。 资料显示，中集车辆(集团)股份有限公司位于香港湾仔皇后大道东248号大新金融中心40楼,广东省深圳 市南山区蛇口港湾大道2号，成立日期1996年8月29日，上市日期2021年7月8日，公司主营业务涉及半挂 车、专用车上装、冷藏厢式车厢体等生产。主营业务收入构成为：全球半挂车80.61%，上装、底盘及 牵引车17.14%，其他(补充)2.25%。 中集车辆所属申万行业为：汽车-商用车-商用载货车。所属概念板块包括：融资融券、整车、中盘、新 能源车、华为概念等。 截至9月30日，中集车辆股东户数2.98万，较上期减少16.07%；人均流通股48786股，较上期增加 19.17%。2025年1月-9月，中集车辆实现 ...

来源：新浪证券-红岸工作室 11月4日，中集车辆跌2.71%，成交额1.19亿元，换手率0.87%，总市值174.86亿元。 异动分析 统一大市场+冷链物流+氢能源+高端装备+华为概念 1、公司作为全球排名第一的半挂车生产企业， 在全球主要民用领域的主要市场，包括中国、北美、欧 洲及其他地区开展 7大类的半挂车生产与销售及售后市场服务，主要应用场景为道路物流运输。同时也 是知名的冷藏厢式车厢体的制造企业。公司生产的冷藏车产品，凭借出色可靠的产品品质，在冷链物流 运输、冷藏生鲜配送、生物制药及疫苗运输场景中被客户应用。 区间今日近3日近5日近10日近20日主力净流入-1138.68万-2289.95万-1638.25万-8823.13万-9381.99万 主力持仓 主力没有控盘，筹码分布非常分散，主力成交额4939.37万，占总成交额的6.53%。 技术面：筹码平均交易成本为8.98元 该股筹码平均交易成本为8.98元，近期该股获筹码青睐，且集中度渐增；目前股价在压力位9.68和支撑 位8.77之间，可以做区间波段。 2、公司属于专用汽车制造行业，是全球销量排名第一的半挂车生产企业 ，亦是中国领先的专用车上装 ...

中集车辆所属申万行业为：汽车-商用车-商用载货车。所属概念板块包括：融资融券、整车、中盘、新 能源车、华为概念等。 截至9月30日，中集车辆股东户数2.98万，较上期减少16.07%；人均流通股48786股，较上期增加 19.17%。2025年1月-9月，中集车辆实现营业收入150.12亿元，同比减少5.13%；归母净利润6.22亿元， 同比减少26.23%。 分红方面，中集车辆A股上市后累计派现26.64亿元。近三年，累计派现16.55亿元。 来源：新浪证券-红岸工作室 11月4日，中集车辆盘中下跌2.09%，截至10:57，报9.39元/股，成交4779.14万元，换手率0.35%，总市 值175.98亿元。 资金流向方面，主力资金净流出209.80万元，大单买入283.61万元，占比5.93%，卖出493.41万元，占比 10.32%。 中集车辆今年以来股价涨7.07%，近5个交易日涨2.74%，近20日跌0.63%，近60日涨8.68%。 资料显示，中集车辆(集团)股份有限公司位于香港湾仔皇后大道东248号大新金融中心40楼,广东省深圳 市南山区蛇口港湾大道2号，成立日期1996年8月29日，上市日期 ...

Core Viewpoint - CIMC Vehicles has experienced a decline in both revenue and net profit for the first nine months of 2025, indicating potential challenges in its operational performance [2]. Financing Summary - On November 3, CIMC Vehicles saw a financing buy-in amount of 12.36 million yuan, with a net financing buy of 4.19 million yuan, while the total financing and securities balance reached 203 million yuan [1]. - The current financing balance of 203 million yuan accounts for 1.46% of the circulating market value, which is below the 10th percentile level over the past year, indicating a low financing level [1]. - In terms of securities lending, 17,000 shares were repaid, with a selling amount of 1,918 yuan, and the remaining securities lending balance was 28,580 yuan, also below the 10th percentile level over the past year [1]. Business Performance - For the period from January to September 2025, CIMC Vehicles reported an operating income of 15.01 billion yuan, a year-on-year decrease of 5.13%, and a net profit attributable to shareholders of 622 million yuan, down 26.23% year-on-year [2]. - The company’s main business revenue composition includes 80.61% from semi-trailers, 17.14% from superstructures, chassis, and tractors, and 2.25% from other sources [1]. Shareholder Information - As of September 30, 2025, the number of shareholders for CIMC Vehicles was 29,800, a decrease of 16.07% from the previous period, while the average circulating shares per person increased by 19.17% to 48,786 shares [2]. - Since its A-share listing, CIMC Vehicles has distributed a total of 2.664 billion yuan in dividends, with 1.655 billion yuan distributed over the past three years [3]. - Among the top ten circulating shareholders, Dazheng Gaoxin Stock A (000628) is the sixth largest, holding 25.06 million shares, a decrease of 5.0289 million shares from the previous period [3].

2025 年前三季度公司实现营业收入150.1 亿元，yoy-5.1%，归母净利润6.2 亿元，yoy-26.2%；其中 2025Q3 营业收入52.6 亿元，yoy+2.7%，归母净利润2.2 亿元，yoy-21.7%。 2025Q3 公司北美销量环比微增，弱景气或将持续。2025Q3 公司北美销量约0.4 万台，环比微增。 2025Q3 北美半挂车市场需求持续疲软，新增订单量仍维持在历史低位，主要是关税政策等不确定性导 致市场观望。 2025 前三季度中国/全球南方市场收入与盈利能力皆同比提升显著。 据中汽协，2025 前三季度中国重卡批发82.3 万台，yoy+20.5%，其中半挂牵引车42 万台，yoy+15.9%， 同期公司在中国市场营收yoy+16.3%，毛利率yoy+2.6pct；在全球南方市场，2025 年前三季度公司营收 yoy+ 15.8%，销量yoy+21.4%，毛利率yoy+ 2.6 pct。 2025Q3 费用率总体环比稳定，在手现金较上年末增加彰显公司经营韧性。2025Q3 毛利率为15.5%，同 环比分别-2.1pct/-0.2pct，归母净利率为4.2%，同环比分别-1.3pc ...

Core Viewpoint - CIMC Vehicles has experienced a stock price increase of 5.14% over the past three days, closing at 9.61 CNY per share with a market capitalization of 18.01 billion CNY [1] Group 1: Company Overview - CIMC Vehicles was established on August 29, 1996, and listed on July 8, 2021 [1] - The company is primarily engaged in the production of semi-trailers, special vehicles, and refrigerated truck bodies [1] - The revenue composition of CIMC Vehicles is as follows: 80.61% from global semi-trailers, 17.14% from superstructures, chassis, and tractors, and 2.25% from other sources [1] Group 2: Fund Holdings - Three funds under Rongtong Fund have significant holdings in CIMC Vehicles, totaling 138,900 shares [2] - The funds have realized a floating profit of approximately 65,300 CNY during the three-day stock price increase [2] - The largest holding fund, Rongtong Tonghui Mixed A/B, holds 59,900 shares, representing 0.93% of its net value [2][3]

Core Viewpoint - CIMC Vehicles has experienced a stock price increase of 5.14% over the past three days, indicating positive market sentiment and potential investor interest [1] Group 1: Company Overview - CIMC Vehicles (Group) Co., Ltd. was established on August 29, 1996, and listed on July 8, 2021 [1] - The company is primarily engaged in the production of semi-trailers, special vehicles, and refrigerated truck bodies [1] - The revenue composition of CIMC Vehicles is as follows: 80.61% from global semi-trailers, 17.14% from superstructures, chassis, and tractors, and 2.25% from other sources [1] Group 2: Stock Performance - As of October 31, CIMC Vehicles' stock price is reported at 9.61 CNY per share, with a trading volume of 1.51 billion CNY and a turnover rate of 1.07%, resulting in a total market capitalization of 18.01 billion CNY [1] - The stock has seen a continuous rise for three days, with a cumulative increase of 5.14% during this period [1] Group 3: Fund Holdings - Two funds under Great Wall Fund have significant holdings in CIMC Vehicles, totaling 197,170 shares, which has resulted in a floating profit of approximately 15,770 CNY based on the latest stock price [2] - The Great Wall Anxin Return Mixed A fund holds 1,855,600 shares, accounting for 2.07% of the fund's net value, ranking as the eighth largest holding [2] - The Great Wall Preferred Return Six-Month Mixed A fund holds 116,100 shares, representing 1.59% of the fund's net value, ranking as the fifth largest holding [2]

Group 1 - The core point of the article highlights the recent performance of CIMC Vehicles, which has seen a stock price increase of 5.14% over the last three days, currently trading at 9.61 CNY per share with a market capitalization of 18.01 billion CNY [1] - CIMC Vehicles specializes in the production of semi-trailers, special vehicle superstructures, and refrigerated truck bodies, with its main business revenue composition being 80.61% from global semi-trailers, 17.14% from superstructures, chassis, and tractors, and 2.25% from other sources [1] Group 2 - From the perspective of fund holdings, the Taixin Fund has a significant position in CIMC Vehicles, with its Taixin Smart Growth Flexible Allocation Mixed A Fund (003333) being the largest shareholder, holding 134,100 shares, which represents 4.61% of the fund's net value [2] - The fund manager, Qian Dongbiao, has been in charge for 88 days, with the fund's total asset size at 27.94 million CNY and a best return of 1.92% during his tenure [2]

Core Viewpoint - CIMC Vehicles, a leading manufacturer of semi-trailers and special vehicles, has shown strong performance in revenue and profitability despite challenges in the North American market [2][6]. Group 1: Business Performance - As of Q3 2025, CIMC Vehicles reported a revenue of 15.012 billion yuan, ranking 6th in the industry, with the top competitor, Foton Motor, generating 45.449 billion yuan [2]. - The company's net profit for the same period was 638 million yuan, placing it 3rd in the industry, behind China National Heavy Duty Truck and Foton Motor [2]. - The main business segments include semi-trailers generating 6.924 billion yuan (80.61% of revenue), and other segments contributing 1.93 billion yuan (2.25%) [2]. Group 2: Financial Health - CIMC Vehicles has a debt-to-asset ratio of 34.90%, down from 39.46% year-on-year, significantly lower than the industry average of 60.82%, indicating strong solvency [3]. - The gross profit margin for Q3 2025 was 15.17%, slightly down from 15.77% year-on-year, but still above the industry average of 9.38% [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 16.09% to 29,800, while the average number of shares held per shareholder increased by 19.17% to 48,800 [5]. - The largest circulating shareholder, Dachen Gaoxin Stock A, reduced its holdings by 5.0289 million shares [5]. Group 4: Management Compensation - The chairman, Li Guiping, received a salary of 6.4903 million yuan in 2024, an increase of 508,600 yuan from 2023 [4]. - The president, Wang Zhujiang, saw a significant salary increase to 1.74 million yuan in 2024, up from 872,800 yuan in 2023 [4]. Group 5: Market Outlook - The company has faced challenges due to weak demand in the UK and US semi-trailer markets, leading to a downward revision of profit forecasts for 2025 and 2026 to 920 million and 1.26 billion yuan, respectively [5][6]. - Despite these challenges, there are positive developments in the domestic and global southern markets, with revenue and gross margins for semi-trailers showing year-on-year growth [5][6].