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。 截至6月30日，中集车辆股东户数3.55万，较上期减少2.95%；人均流通股40937股，较上期增加3.04%。 2025年1月-6月，中集车辆实现营业收入97.53亿元，同比减少8.85%；归母净利润4.03亿元，同比减少 28.48%。 来源：新浪证券-红岸工作室 9月8日，中集车辆涨2.72%，成交额2.22亿元。两融数据显示，当日中集车辆获融资买入额1494.79万 元，融资偿还1926.77万元，融资净买入-431.98万元。截至9月8日，中集车辆融资融券余额合计2.71亿 元。 融资方面，中集车辆当日融资买入1494.79万元。当前融资余额2.70亿元，占流通市值的1.96%，融资余 额超过近一年80%分位水平，处于高位。 融券方面，中集车辆9月8日融券偿还100.00股，融券卖出100.00股，按当日收盘价计算，卖出金额 945.00元；融券余量17.0 ...

Group 1 - Company CIMC Vehicles (SZ 301039) announced that it will accept investor research from Southern Fund and other investors on August 27 and August 29, 2025, with the company's investor relations director Chen Wanxing responding to investor inquiries [1] - For the year 2024, CIMC Vehicles' revenue composition is entirely from road transportation, accounting for 100.0% [2] - As of the report date, CIMC Vehicles has a market capitalization of 17.7 billion yuan [3]

证券代码：301039 证券简称：中集车辆 中集车辆（集团）股份有限公司 投资者关系活动记录表 编号：2025-17 | 投资者关系活 | □特定对象调研 | | | □分析师会议 | | | | --- | --- | --- | --- | --- | --- | --- | | 动类别 | □媒体采访 □业绩说明会 | | | | | | | | □新闻发布会 √路演活动 | | | | | | | | □现场参观 □其他 | | | | | | | 参与单位名称 | 2025 年 9 月 1 日： | | | | | | | 及人员姓名 | 中金公司、华泰资管、交银施罗德 | | | | | | | | 2025 年 9 月 2 日： | | | | | | | | 中金公司、太平资管、平安养老、中欧基金、中信建投自营 | | | | | | | | 2025 年 9 月 3 日： | | | | | | | | 中金公司、太平洋保险、东方证券、国投瑞银、平安养老、 | | | | | | | | 海富通基金、国海证券、泰信基金、中庚基金 | | | | | | | | 2025 年 9 月 4 日： ...

中集车辆（集团）股份有限公司 投资者关系活动记录表 编号：2025-16 证券代码：301039 证券简称：中集车辆 2. 欧洲市场 2025 年上半年的半挂车行业情况如何？公 司对欧洲市场有什么展望？ 答：根据欧洲汽车工业协会 ACEA 发布的数据，2025 年 1-6 月，欧盟新卡车注册量为 15.5 万辆，同比下降 15.4%。 主要经济体需求放缓，半挂车行业仍处于弱复苏阶段。 2025 年上半年欧洲半挂车业务在一个"弱复苏"的市场 环境下，展现出强大的韧性，聚焦运营效率提升，发挥全球半 挂车供应链优势，仍保持稳步增长，报告期内，本公司子公司 英国 SDC 营收同比增长 8.7%。 基于对欧洲市场中长期走向需求复苏的研判，本公司在 2025 年上半年开始升级欧洲半挂车高端部件生产工厂，构建 面向第三次创业阶段的欧洲半挂车高端底架部件工厂 （DS11）和欧洲半挂车高端上装部件工厂（DS10）。 | 投资者关系活 □特定对象调研 | √分析师会议 | | --- | --- | | 动类别 □媒体采访 | □业绩说明会 | | □新闻发布会 | √路演活动 | | □现场参观 | □其他 | | 参与单位名 ...

来源：新浪证券-红岸工作室 9月8日，中集车辆涨2.72%，成交额2.22亿元，换手率1.63%，总市值177.10亿元。 异动分析 1、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 和冷藏厢式车厢体生产企业。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。 2、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。 3、2023年12月1日互动易回复：氢能源方面，本公司根据客户需求已推出氢能源冷藏车厢体产品。 4、公司是全球领先的半挂车及专用车高端制造企业、全球销量排名第一的半挂车生产企业，在全球主 要市场开展七大类半挂车的生产、销售和售后市场服务。 5、公司旗下凌宇汽车于11月与华为洛阳新基建发展中心签署合作框架协议，双方围 ...

Group 1 - The core viewpoint of the news highlights the trading performance and financial metrics of CIMC Vehicles, indicating a significant net financing outflow on September 5, 2023, with a net buy of -10.74 million yuan [1] - As of September 5, 2023, the total margin balance for CIMC Vehicles was 276 million yuan, with a financing balance of 274 million yuan, accounting for 2.05% of the circulating market value, which is above the 80th percentile of the past year [1] - The company had a margin balance of 1.57 million yuan with a short selling volume of 17,080 shares, indicating a high level of short selling activity compared to the past year [1] Group 2 - As of June 30, 2025, CIMC Vehicles reported a revenue of 9.753 billion yuan, a year-on-year decrease of 8.85%, and a net profit attributable to shareholders of 403 million yuan, down 28.48% year-on-year [2] - The number of shareholders for CIMC Vehicles decreased by 2.95% to 35,500, while the average circulating shares per person increased by 3.04% to 40,937 shares [2] - CIMC Vehicles has distributed a total of 2.664 billion yuan in dividends since its A-share listing, with 1.655 billion yuan distributed over the past three years [3] Group 3 - As of June 30, 2025, the sixth largest circulating shareholder of CIMC Vehicles is Dazheng Gaoxin Stock A, holding 30.0867 million shares, an increase of 5.286 million shares compared to the previous period [3]

Company Overview - 中集车辆 (China International Marine Containers (Group) Co., Ltd.) was established on August 29, 1996, and listed on July 8, 2021. The company is located in Wan Chai, Hong Kong, and its main business includes the production of semi-trailers, special vehicles, and refrigerated truck bodies [2]. Business Performance - For the first half of 2025, 中集车辆 reported a revenue of 9.753 billion yuan, representing a year-on-year decrease of 8.85%. The net profit attributable to shareholders was 403 million yuan, down 28.48% compared to the previous year [2]. - The company's revenue composition includes 71.21% from global semi-trailers, with ordinary semi-trailers accounting for 59.32% and special vehicles and components making up the remainder [2]. Shareholder Information - As of June 30, 2025, 中集车辆 had 35,500 shareholders, a decrease of 2.95% from the previous period. The average number of circulating shares per shareholder increased by 3.04% to 40,937 shares [2]. - The company has distributed a total of 2.664 billion yuan in dividends since its A-share listing, with 1.655 billion yuan distributed over the past three years [3]. Financing and Trading Activity - On September 1, 中集车辆's stock price increased by 0.66%, with a trading volume of 190 million yuan. The financing buy-in for the day was 9.8953 million yuan, while the financing repayment was 12.755 million yuan, resulting in a net financing outflow of 2.8596 million yuan [1]. - The total financing and securities lending balance for 中集车辆 reached 293 million yuan, with the financing balance accounting for 2.19% of the circulating market value, indicating a high level of financing activity [1]. - The securities lending activity on September 1 included a repayment of 300 shares and a sale of 14,300 shares, with a total selling amount of 131,000 yuan [1].

Group 1 - The core viewpoint of the news is that CIMC Vehicles is actively adapting to market challenges and opportunities through strategic initiatives like the "Starlink Plan" and "Big White Bear Plan" to enhance production efficiency and market share [2] - CIMC Vehicles held an investor relations event on August 26, 2025, with participation from 77 institutions, including CITIC Securities and CICC, to discuss the company's development strategy and business progress [1] - The "Starlink Plan" has entered the IMP2 phase in the first half of 2025, contributing nearly 30% to total revenue, with improvements in profit and sales profit margin [2] Group 2 - In the North American market, CIMC Vehicles sold 7,888 units in the first half of 2025 despite a 24.3% year-on-year decline in semi-trailer production, indicating resilience in a challenging environment [2] - The company is planning to build a super center in Luzhou and has established a marketing service company and a delivery warehouse in the first half of 2025 to support its EV·DTB business [2] - CIMC Vehicles is launching the "Hannover Plan" to expand its pure electric head trailer product lineup and is actively participating in the formulation of national standards to accelerate product commercialization [2]

Group 1: Company Performance and Strategy - In the first half of 2025, the "Starlink Plan" accounted for nearly 30% of total revenue, with significant improvements in profit and sales profit margins for both Starlink semi-trailers and liquid tankers [3][4] - The production of Starlink semi-trailers increased by 15% in terms of LTP group output [3] - The company is actively responding to national "anti-involution" policies, marking the beginning of its third entrepreneurial phase focused on structural changes in semi-trailer production [3][4] Group 2: North American Market Insights - In the first half of 2025, North American semi-trailer production was 108,800 units, a year-on-year decline of 24.3%, indicating a severely weak demand [4] - Despite challenges, the company sold 7,888 units in North America, maintaining profitability amid tariff impacts and demand downturns [4][5] - The company anticipates a potential weak recovery in the North American semi-trailer market in the second half of 2025, driven by easing tariff conditions and seasonal demand [4] Group 3: Product Development and Innovation - The company is accelerating the development of its "pure electric head trailer" product line and establishing operational support bases for these vehicles [6][8] - The "Hannover Plan" aims to enhance the product iteration and commercialization process for electric trailers, with a focus on seamless integration from R&D to market [8] - The company plans to participate in the formulation of national standards for electric trailers, with key events scheduled for 2024 and 2025 [8] Group 4: Infrastructure and Market Expansion - The company is establishing a super center in Luzhou to support multiple vehicle types, enhancing its operational efficiency and market reach in the southwest region [7] - The EV·DTB business is positioned to benefit from major infrastructure projects like the Yarlung Zangbo River hydropower project, which aligns with national development plans [5][6]

Core Viewpoint - CIMC Vehicles (301039.SZ) is experiencing a shift in revenue structure, with the Chinese market becoming the largest contributor to its income, countering the decline in North American market performance [3][4]. Group 1: Financial Performance - In the first half of 2025, CIMC Vehicles achieved operating revenue of 9.753 billion yuan, a year-on-year decrease of 8.85%, and a net profit attributable to shareholders of 403 million yuan, down 28.48% year-on-year [3]. - The second quarter saw a net profit of 224 million yuan, an increase of 25.41% compared to the first quarter's 179 million yuan [3]. - The decline in performance is attributed to the complex global macroeconomic environment and weak demand in the North American market, which is undergoing a cyclical adjustment after previous rapid growth [3][4]. Group 2: Market Dynamics - The North American market's revenue contribution has decreased, leading to a shift where the Chinese market now plays a more significant role in overall revenue [4]. - Despite the drop in North American revenue, the overall gross margin remained stable at 15%, primarily due to strong performance in the Chinese market [4]. Group 3: R&D and New Energy Focus - CIMC Vehicles increased its R&D investment to 205 million yuan in the first half of 2025, marking a 30.39% year-on-year growth, the largest increase in recent years [5]. - The "Hannover Plan" was launched to focus on the development of pure electric head trailers, aiming for product launches at the Hannover Motor Show next year [5][6]. - The company has shifted its strategy to focus solely on the upper structure of heavy-duty trucks, avoiding competition in the chassis market, which allows for partnerships with new energy vehicle manufacturers [6][7]. Group 4: Product Performance - The upper structure business achieved revenue of 868 million yuan in the first half of 2025, with significant growth in new energy products [6]. - Sales of EV-DTB dump trucks increased by over 142%, while sales of EV-DTB concrete mixers and refrigerated trucks grew by over 86% and nearly 70%, respectively [6]. - CIMC Vehicles has formed strategic partnerships with leading new energy vehicle manufacturers and battery suppliers to enhance its market position and operational efficiency [6].