Group 1 - The company received a government subsidy of 34,828,000.00 yuan, which accounts for 43.24% of the net profit attributable to shareholders for the fiscal year 2024 [2] - The subsidy is classified as a revenue-related government grant according to the relevant accounting standards, which will positively impact the company's profit for the fiscal year 2025 [3] - The final accounting treatment and the impact on the company's financial results for 2025 will be confirmed after the annual audit by the accountants [3]

Summary of Key Points Core Viewpoint - Next week, 29 stocks in the A-share market will face a lock-up expiration, with a total of 2.013 billion shares being unlocked, amounting to a market value of approximately 18.877 billion yuan, representing a week-on-week decrease of 73.51% [1][2]. Company-Specific Summaries - **Foton Motor**: The largest stock by market value to be unlocked next week, with an unlock value of 3.957 billion yuan and 1.429 billion shares set to be released on September 3, 2025. The shares are from a targeted placement to institutional investors at an issue price of 2.10 yuan per share [2][4]. - **Futian Technology**: The second-largest unlock value at 2.887 billion yuan, with 0.079 billion shares to be released on September 4, 2025. The shares include original shareholders' restricted shares and strategic placement shares [2][4]. - **Yinose**: The third-largest unlock value at 2.437 billion yuan, with 0.062 billion shares to be released on September 3, 2025, also consisting of original shareholders' restricted shares and strategic placement shares [2][4]. Market Performance - As of August 29, 2023, the stock price of Foton Motor was 2.77 yuan per share, with a market capitalization of approximately 21.9 billion yuan. The stock has seen a return of over 30% since the targeted placement, resulting in a floating profit of over 900 million yuan for the major shareholder, Beijing Automotive Group [4]. - Futian Technology's stock price was 36.63 yuan per share, with a market capitalization of about 5.7 billion yuan. Since its listing, the stock has appreciated over 260% compared to its issue price, indicating significant gains for strategic placement shareholders [4]. Unlocking Impact - Six stocks will see their unlock quantities exceed 30% of their total share capital, including Futian Technology (50.71%), Yinose (44.33%), Wufangzhai (37.61%), Sudar (36.76%), Liren Technology (34.81%), and Aopumai (31.83%). The unlocking will lead to a substantial increase in their circulating shares, with four stocks experiencing an increase of over 100% in their circulating market [7][8].

Core Viewpoint - Next week, 29 stocks in the A-share market will face a lock-up expiration, with a total of 2.013 billion shares being unlocked, amounting to a market value of 18.877 billion yuan, which represents a week-on-week decrease of 73.51% [1][3]. Summary by Category Unlocking Stocks - The stocks with the highest unlocking market value include Foton Motor at approximately 4 billion yuan, Fute Technology at 2.887 billion yuan, and Yinos at 2.437 billion yuan [2][3]. - Foton Motor will unlock 1.429 billion shares on September 3, 2025, all from a targeted placement to institutional investors [3][5]. - Fute Technology will unlock 0.079 billion shares on September 4, 2025, consisting of original shareholders' restricted shares and strategic placement shares [3][5]. - Yinos will unlock 0.062 billion shares on September 3, 2025, also from original shareholders' restricted shares and strategic placement shares [3][5]. Market Performance - As of August 29, the stock price of Foton Motor was 2.77 yuan per share, with a market capitalization of approximately 21.9 billion yuan [6]. - The stock price of Fute Technology was 36.63 yuan per share, with a market capitalization of about 5.7 billion yuan [6]. - The stock performance for the month of August shows Foton Motor with a gain of 2.97%, Fute Technology with a gain of 7.04%, and Yinos with a decline of 13.12% [3]. Increase in Circulation - Among the 29 stocks facing unlocking, six stocks will see their circulation increase by more than 30%, including Fute Technology (50.71%), Yinos (44.33%), Wufangzhai (37.61%), Suda Shares (36.76%), Liren Technology (34.81%), and Aopumai (31.83%) [10][11]. - Four of these stocks will experience a circulation increase of over 100% after the unlocking [10].

（记者 张明双） 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自担。 截至发稿，福田汽车市值为219亿元。 每经头条（nbdtoutiao）——个人消费贷贴息明日开闸！贷30万元最多可享贴息3000元，一文读懂→ 每经AI快讯，福田汽车（SH 600166，收盘价：2.77元）8月31日晚间发布公告称，2025年8月29日，北 汽福田汽车股份有限公司收到与收益相关的政府补助资金约3483万元，占公司2024年度经审计的归属于 上市公司股东净利润的43.24%。 2024年1至12月份，福田汽车的营业收入构成为：汽车占比94.2%，其他业务占比5.8%。 每日经济新闻 ...

北汽福田汽车股份有限公司 证券代码：600166 证券简称：福田汽车 编号：临 2025-072 根据《企业会计准则第 16 号——政府补助》的相关规定，将上述收到的政府补助资金认 定为与收益相关的政府补助。该笔政府补助将对公司 2025 年度的利润产生积极影响，具体的 会计处理以及对公司 2025 年度损益的影响最终以会计师年度审计确认后的结果为准。敬请投 资者注意投资风险。 特此公告。 北汽福田汽车股份有限公司 董 事 会 二○二五年八月三十一日 1 关于获得政府补助的公告 公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其 内容的真实性、准确性和完整性承担法律责任。 一、获取补助的基本情况 2025 年 8 月 29 日，北汽福田汽车股份有限公司（以下简称"公司"）收到与收益相关的 政府补助资金 34,828,000.00 元，占公司 2024 年度经审计的归属于上市公司股东净利润的 43.24%。 二、补助的类型及其对公司的影响 ...

Core Insights - The seventh China-Arab States Expo emphasizes "innovation, green, and prosperity," serving as a platform for China and Arab countries to explore future industrial cooperation and economic ties [2][15] - Foton Motor showcases its advancements in new energy and intelligent vehicles, highlighting its commitment to local manufacturing and regional services in the Arab market [2][5] Group 1: Green Innovation - The expo's themes of "green" and "innovation" resonate with both China and Arab nations' goals for industrial upgrades and climate action [3] - Foton Motor has developed a comprehensive energy matrix covering pure electric, hybrid, and hydrogen fuel vehicles, positioning itself as a leader in green transportation [3][5] Group 2: Market Expansion and Localization - Foton Motor's strategic entry into the Saudi market has transitioned from product export to localized service and manufacturing, reflecting a deep commitment to the region [6] - The company has tailored its products to meet local conditions, enhancing its market presence and customer trust in the Middle East [6] Group 3: Comprehensive Cooperation - Foton Motor's participation in the expo aims to elevate China-Arab economic cooperation from "single-point collaboration" to "full-chain win-win" scenarios [9] - The company is establishing a manufacturing and service ecosystem in Saudi Arabia, integrating local procurement and service networks to support its operations [9] Group 4: Customer Engagement - The expo attracted significant interest from logistics companies and dealers from the UAE, Saudi Arabia, and Qatar, indicating strong demand for Foton's products and services [11] - Several Arab companies engaged in discussions for vehicle purchases and regional distribution partnerships, solidifying Foton's market foundation [11] Group 5: Future Outlook - Foton Motor aims to leverage its experiences in the Middle East to achieve its goal of 300,000 overseas sales by 2030, establishing itself as a model for Chinese automotive expansion [12] - The company plans to enhance its product offerings through regional customization and accelerate the construction of its Saudi factory to strengthen its manufacturing capabilities [12][15]

北京商报讯（记者 刘晓梦）8月31日，福田汽车发布公告显示，今年8月29日收到与收益相关的政府补 助资金3482.8万元，占公司2024年度经审计的归属于上市公司股东净利润的43.24%。 ...

福田汽车(600166.SH)公告称，8月29日，公司收到与收益相关的政府补助资金3482.8万元，占公司2024 年度经审计的归属于上市公司股东净利润的43.24%。该笔政府补助将对公司2025年度的利润产生积极 影响。 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 ...

人民财讯8月31日电，福田汽车（600166）8月31日晚间公告，8月29日，公司收到与收益相关的政府补 助资金3482.8万元，占公司2024年度经审计的归属于上市公司股东净利润的43.24%。该笔政府补助将对 公司2025年度的利润产生积极影响。 ...

福田汽车(600166) 证券研究报告 商用车 / 公司点评 / 2025.08.31 业绩同比高增长，坚定推进全面国际化 | 基本数据 | 2025-08-29 | | --- | --- | | 收盘价(元) | 2.77 | | 流通股本(亿股) | 79.17 | | 每股净资产(元) | 1.91 | | 总股本(亿股) | 79.17 | 最近 12 月市场表现 -4% 5% 13% 21% 30% 38% 福田汽车 沪深300 上证指数 分析师 邢重阳 SAC 证书编号：S0160522110003 xingcy01@ctsec.com 投资评级:增持(维持) 分析师 李渤 SAC 证书编号：S0160521050001 libo@ctsec.com 相关报告 1. 《加快中重卡高附加值业务的调整，拓展 海外市场》 2025-04-29 2. 《Q3 业绩同比有所下滑，积极拓展海外 市场》 2024-11-14 3. 《毛利率同比提升，出口销量维持高增 长》 2024-08-27 核心观点 | 盈利预测 | | | | | | | --- | --- | --- | --- | --- | -- ...