编前： 2023 年、 2025 年，商务部会同多部门先后发布了《关于推动汽车后市场高质量发展的指导意见》和《关 于开展汽车流通消费改革试点工作的通知》。这两份政策文件一脉相承，精准踩到我国汽车产业切换到以存量竞争 为特征的全新发展阶段，推动汽车后市场高质量发展既是产业可持续发展的动力之源，也是满足人民日益增长的美 好汽车文化的现实之需。而去年随后由中共中央办公厅、国务院办公厅发布的《提振消费专项行动方案》，更是为 汽车后市场高质量发展，提供了多样化的跨界合作思路和探索场景。在上述一系列政策的引导下，全国各地因地制 宜地举办了众多主题各异、特色鲜明的汽车文化活动。 身披大花红袄的红旗车、直径1.5m的铜炉火锅、一众赛车在冰雪竞速漂移、99元起的冰上赛车体验……近日， 在冰天雪地的车城长春上演了精彩一幕：一边是热辣滚烫的赛车文化，另一边是将流量变为留量的冰雪经济，为每 一位参与者带来了一锅汽车文化与东北文化的"乱炖"。 体验"在失控中寻找控制" 1月15～17日，2026中国·长春"璞液长白山杯"冰雪短道汽车拉力赛暨冰雪汽车嘉年华在长春市肆季南河举行， 对车辆和配件性能、改装技术、赛手技能和心态发起严峻挑战。 ...

Core Viewpoint - Dongfeng Technology (600081) expects a significant decrease in net profit attributable to shareholders for 2025, projecting a range of 18 million to 24 million yuan, which represents a year-on-year decline of 74% to 80% [1] Group 1 - The primary reason for the profit reduction is the provision for asset impairment amounting to 87.39 million yuan during the reporting period [1]

Core Viewpoint - Dongfeng Electronic Technology Co., Ltd. (referred to as Dongfeng Technology) announced a significant reduction in its expected net profit for the year 2025, projecting a decrease of 74% to 80% compared to the previous year [2] Financial Performance Summary - The company expects a net profit attributable to shareholders of the parent company to be between 18 million to 24 million yuan for 2025, down from 91.2762 million yuan in the previous year, representing a reduction of 67.28 million to 73.28 million yuan [2] - Excluding non-recurring gains and losses, the projected net profit for 2025 is expected to be between -50 million to -40 million yuan, a decline of 606.1 million to 706.1 million yuan compared to the previous year's figure of 20.6084 million yuan, indicating a year-on-year decrease of 294% to 343% [2] Reasons for Performance Decline - The primary reason for the performance reduction is attributed to an asset impairment provision of 87.39 million yuan recognized during the reporting period [2]

Group 1: Pickup Market Insights - In December 2025, the pickup market sales reached 52,000 units, marking an 8.8% year-on-year increase, which is at a near five-year high level [1] - For the entire year of 2025, the pickup market sales totaled 589,000 units, reflecting an 11.8% year-on-year growth [1] - The production of pickups in December 2025 was 48,000 units, showing a 5.2% increase compared to the previous year, while the total production for 2025 was 575,000 units, up 14% year-on-year [1] Group 2: Strategic Partnerships - On January 14, 2025, Changan Automobile and CATL signed a five-year strategic cooperation memorandum in Chongqing, focusing on technology application, market expansion, model innovation, overseas layout, and brand communication [1] Group 3: Automotive Industry Developments - NIO's CEO Li Bin expressed confidence in achieving profitability by Q4 2025, with a stable gross margin on the newly delivered ES8 vehicles [2] - The company aims for an annual growth rate of 40% to 50% over the next 3 to 5 years [2] - SAIC-GM Wuling officially launched the Xingguang 560 model, offering four configurations with prices ranging from 59,800 to 95,800 yuan [8] - GAC Honda's new Fit model was launched with a starting price of 66,800 yuan, limited to 3,000 units [6] Group 4: Financial Forecasts - Dongfeng Technology announced an expected net profit of 18 million to 24 million yuan for 2025, representing a year-on-year decrease of 74% to 80%, primarily due to asset impairment provisions of 87.39 million yuan [5] Group 5: New Initiatives - Xiaomi announced a 7-year low-interest car purchase policy for its YU7 model, starting from January 16, with a down payment of 49,900 yuan and monthly payments as low as 2,593 yuan [7] - Xiaomi plans to lower the safety mileage requirements for its HAD urban navigation assistance feature to allow more users to experience it sooner [9]

Group 1 - Huasheng Tiancheng's AI-related revenue currently accounts for a low proportion of overall revenue, indicating that it does not significantly impact the company's performance [2] - CICC's merger with Dongxing Securities and Xinda Securities is still undergoing audit work, which has not yet been completed [2] - Xinhua Department Store confirmed that there are no undisclosed major matters related to semiconductor asset injections, addressing market rumors [3] Group 2 - Zhong Rare Metals signed a strategic cooperation agreement with Xian Dao Group to enhance market share and industry influence in rare metals [4] - Zhongtian Rocket reported losses in its carbon/carbon thermal field materials business due to intensified competition in the photovoltaic industry [5] - Zhongyuan Nepe proposed to acquire 59% of Zhongyuan Jikean's equity for 143 million yuan, which will make it a wholly-owned subsidiary [5] Group 3 - Jiangxi Copper's subsidiary signed a cooperation agreement with First Quantum Minerals for exploration projects [6] - China Nuclear Power's Jiangsu Xuwei Nuclear Energy Heating Power Plant's first unit is set to pour its first concrete on January 16, 2026 [6] - ST Aowei's stock may be delisted if it continues to trade below par value [6] Group 4 - Triangle Tire plans to invest 3.219 billion yuan in a new high-performance tire project in Cambodia, expected to generate annual revenue of 2.585 billion yuan [7] - Baoxin Technology intends to publicly sell part of its subsidiary's assets, with a valuation of 50.2334 million yuan [7] - Nong Shang Environment's computing infrastructure project has not progressed as planned due to funding issues [8] Group 5 - Golden Dragon Fish plans to transfer stakes in two subsidiaries to Mars China for a total of 60 million USD, which is expected to impact its 2026 earnings significantly [8] - Jin Dao Technology intends to issue convertible bonds to raise up to 306 million yuan for various projects [8] - Aerospace Information expects a net loss of 700 million to 980 million yuan for 2025 due to industry changes [10] Group 6 - Tianji Co. forecasts a net profit of 70 million to 105 million yuan for 2025, recovering from a previous loss [10] - Muyuan Foods anticipates a net profit decrease of 12.2% to 17.79% for 2025 [11] - SAIC Group expects a net profit increase of 438% to 558% for 2025, driven by sales growth [12] Group 7 - Haolaike expects a significant drop in net profit for 2025, projecting a decrease of 75.16% to 83.23% [13] - Hainan Development anticipates a net loss of 440 million to 565 million yuan for 2025 [13] - Shuangliang Energy expects to report a loss for 2025 [14] Group 8 - Aijian Group also anticipates a loss for 2025 [14] - Meijin Energy forecasts a net loss of 850 million to 1.25 billion yuan for 2025 [14] - Kunlun Wanwei expects to report a loss for 2025 [14] Group 9 - Xue Rong Biological expects a net profit of 29 million to 40 million yuan for 2025, recovering from a previous loss [15] - Xin Nuo Wei anticipates a net loss of 170 million to 255 million yuan for 2025 due to increased R&D expenses [15] - Shengnuo Biological expects a net profit increase of 204.42% to 280.53% for 2025 [16] Group 10 - Longyuan Construction forecasts a net loss of 1 billion to 1.5 billion yuan for 2025 [17] - Kosen Technology expects a net loss of 245 million to 330 million yuan for 2025 [17] - Daqian Ecology anticipates a net loss of 100 million to 120 million yuan for 2025 [17] Group 11 - Lianfa Co. expects a net profit increase of 38.92% to 58.77% for 2025 [18] - Chongqing Steel anticipates a net loss of 2.5 billion to 2.8 billion yuan for 2025, but expects to reduce losses compared to the previous year [18] - Tongxing Technology forecasts a net profit increase of 74.2% to 125.44% for 2025 [19] Group 12 - Siyuan Electric expects a net profit of 3.163 billion yuan for 2025, a 54.35% increase year-on-year [19] - Luoyang Molybdenum expects a net profit increase of 47.8% to 53.71% for 2025 [20] - Nawei Technology anticipates a net profit increase of 54.51% to 75.03% for 2025 [20] Group 13 - Jingjia Micro expects a net loss of 120 million to 180 million yuan for 2025 [21] - Southwest Securities forecasts a net profit increase of 47% to 57% for 2025 [22] - Wankai New Materials expects a net profit of 156 million to 203 million yuan for 2025, recovering from a previous loss [22] Group 14 - Yilian Network anticipates a slight decrease in net profit for 2025, projecting a decline of 0% to 4% [23] - Baofeng Energy expects a net profit increase of 73.57% to 89.34% for 2025 [23] - Sanmei Co. forecasts a net profit increase of 155.66% to 176.11% for 2025 [23] Group 15 - Zhenyu Technology expects a net profit increase of 96.89% to 116.58% for 2025 [24] - Fute Technology anticipates a net profit increase of 121.98% to 164.26% for 2025 [24] - Guoli Electronics expects a net profit increase of 124.89% to 164.57% for 2025 [24] Group 16 - Shenyu Co. expects a slight decrease in net profit for 2025, projecting a decline of 0.05% to 11.37% [25] - Rongchang Biological plans to increase its share repurchase price limit to 116 yuan per share [26] - Defu Technology plans to repurchase shares for 75 million to 150 million yuan [26] Group 17 - ST Chengchang's stock will resume trading on January 16 after completing a trading fluctuation investigation [27] - Zhi Te New Materials will also resume trading on January 16 after confirming no major changes in business operations [27] - Lio Co. will suspend trading starting January 16 for stock fluctuation investigation [27]

智通财经APP讯，东风科技(600081.SH)发布公告，公司预计2025年年度实现归属于母公司所有者的净 利润1800万元到2400万元，与上年同期(法定披露数据)相比，将减少6,728万元到7,328万元，同比减少 74%到80%。 业绩预减的主要原因主要系报告期内计提资产减值准备8,739万元导致。 ...

业绩预减的主要原因主要系报告期内计提资产减值准备8,739万元导致。 东风科技（600081）(600081.SH)发布公告，公司预计2025年年度实现归属于母公司所有者的净利润 1800万元到2400万元，与上年同期(法定披露数据)相比，将减少6,728万元到7,328万元，同比减少74%到 80%。 ...

Group 1 - The core viewpoint of the article indicates that Dongfeng Technology (600081) expects a significant decline in net profit for the fiscal year 2025, projecting a range of 18 million to 24 million yuan, which represents a year-on-year decrease of 74% to 80% [1] - The primary reason for the decline in performance is attributed to the provision for asset impairment amounting to 87.39 million yuan during the reporting period [1]

格隆汇1月15日丨东风科技(600081.SH)公布，经财务部门初步测算，公司预计2025年年度实现归属 于母公司所有者的净利润1,800万元到2,400万元，同比减少74%到80%。预计2025年年度实现归属于母 公司所有者的扣除非经常性损益的净利润-5,000万元到-4,000万元，同比减少294%到343%。 ...

Core Viewpoint - Dongfeng Technology (600081.SH) expects a significant decline in net profit for the year 2025, projecting a decrease of 74% to 80% compared to the previous year [1] Financial Performance - The company anticipates a net profit attributable to shareholders of the parent company ranging from 18 million to 24 million yuan for 2025, which represents a reduction of 6,728 million to 7,328 million yuan year-on-year [1] - The expected net profit, excluding non-recurring gains and losses, is projected to be between -50 million to -40 million yuan, indicating a decrease of 294% to 343% compared to the previous year [1]