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 | | | | | | | --- | --- | --- | --- | --- | -- ...

Core Insights - Beiqi Foton's revenue and net profit both experienced significant growth in the first half of 2025, with revenue reaching 30.37 billion yuan, a year-on-year increase of 26.7%, and net profit attributable to shareholders rising to 780 million yuan, up 87.6% [1] - The company sold 327,000 vehicles, including Foton Daimler, marking a 9.1% increase year-on-year, indicating a steady improvement in operational performance [1] - Operating cash flow surged to 1.89 billion yuan, reflecting a remarkable year-on-year growth of 415%, showcasing enhanced operational quality and efficiency [1] Group 1: Strategic Focus - Beiqi Foton is focusing on its core commercial vehicle business while actively promoting marketing innovations and leveraging both domestic and international markets [1][3] - The company is implementing a "three comprehensive" strategy, emphasizing comprehensive internationalization, new energy, and intelligence, to capitalize on industry transformation opportunities [3] Group 2: International Operations - Beiqi Foton is deepening its international operations despite global economic challenges, enhancing product competitiveness and optimizing its global business layout [4] - The company achieved export sales of 78,500 vehicles in the first half of 2025, maintaining stability compared to the previous year, demonstrating resilience in international operations [4] Group 3: New Energy Growth - The new energy segment is experiencing rapid growth, with sales surpassing 50,000 units, a substantial year-on-year increase of 151%, and market share rising to 12.5% [6][7] - Beiqi Foton is accelerating its new energy initiatives by enhancing its product matrix and focusing on core technology development to improve supply chain autonomy [6] Group 4: Heavy-Duty Truck Performance - The heavy-duty truck segment is witnessing quality growth, with sales reaching 66,500 units, a year-on-year increase of 74.3%, driven by innovative product offerings and optimized marketing networks [7] - The company is exploring new business models such as leasing and vehicle-battery separation to boost sales in the heavy-duty truck market [7] Group 5: Market Outlook - The Chinese commercial vehicle market is shifting from "scale growth" to "structural optimization," with new energy and exports as key growth drivers [9] - Beiqi Foton's strategic alignment with industry trends positions it well for future growth, particularly as the "dual carbon" policy advances and global markets recover [9]

Core Viewpoint - Beiqi Foton Motor's 2025 semi-annual report indicates a steady growth in both revenue and net profit, reflecting the company's robust operational performance and sustainable development strategy [1] Financial Performance - In the first half of 2025, Beiqi Foton achieved a revenue of 30.37 billion yuan, representing a year-on-year increase of 26.7% - The net profit attributable to shareholders reached 780 million yuan, up 87.6% compared to the previous year - The company reported an operating cash flow of 1.89 billion yuan, with a significant year-on-year growth of 415% [1] Market Strategy - Beiqi Foton is focusing on its core commercial vehicle business while promoting marketing innovation and leveraging both domestic and international markets, resulting in a sales volume of 327,000 units, a 9.1% increase year-on-year [1] - The company is implementing a "three comprehensive" strategy, emphasizing comprehensive internationalization, new energy, and intelligence to capitalize on industry transformation opportunities [2] International Operations - Despite global economic challenges, Beiqi Foton is committed to its internationalization strategy, enhancing product competitiveness and optimizing global business layout - The company achieved an export volume of 78,500 units in the first half of 2025, maintaining stability compared to the previous year [4] New Energy Development - Beiqi Foton's new energy business is experiencing rapid growth, with sales surpassing 50,000 units, reflecting a year-on-year increase of 151% and a market share rise to 12.5% [7] - The company is advancing its product matrix in new energy vehicles, including various models designed for mainstream markets, and is enhancing its core technology capabilities [6] Heavy-Duty Truck Performance - The heavy-duty truck segment has seen significant growth, with sales reaching 66,500 units, a year-on-year increase of 74.3% - Beiqi Foton is focusing on innovation and market expansion through new product launches and optimizing its marketing network [7] Industry Outlook - The Chinese commercial vehicle market is shifting from "scale growth" to "structural optimization," with new energy and exports as key growth drivers - Beiqi Foton's strategic alignment with industry trends positions it well for future growth, particularly in the context of the "dual carbon" policy and global market recovery [9]

证券代码：600166 证券简称：福田汽车 公告编号：2025-071 北汽福田汽车股份有限公司 本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、准确性和完整性依法承担法律责任。 重要内容提示： ? 本次股票上市类型为 非公开发行 股份；股票认购方式为 网下 ，上市股数为 本次股票上市流通总数为1,428,571,428股。 ? 本次股票上市流通日期为2025 年 9 月 3 日。 一、本次限售股上市类型 监会出具的《关于核准北汽福田汽车股份有限公司非公开发行股票的批复》（证监许可 〔2022〕1817 号），核准公司非公开发行数量为 1,428,571,428 股新股，发生转增股本 等情形导致总股本发生变化的，可相应调整本次发行数量，该批复自核准发行之日起 国证券报》 《上海证券报》 《证券日报》披露的《关于非公开发行股票申请获得中国证监 会核准批复的公告》（公告编号：临 2022-085 号）。 本次发行新增股份 1,428,571,428 股，已于 2022 年 9 月 2 日在中国证券登记结算 有限责任公司上海分公司办理完毕登记手续。本次非公开发行 ...

第 一创业 证券承 销保荐 有限责 任公司 关 于北汽 福田汽 车股份 有限公 司 截至本核查意见出具日，北汽集团已履行了上述承诺，不存在相关承诺未履 行影响本次限售股上市流通的情况。 四、本次限售股上市流通情况 非 公开发 行限售 股上市 流通事 项的核 查意见 第一创业证券承销保荐有限责任公司（简称"保荐机构"）作为北汽福田汽 车股份有限公司（简称 "上市公司"或"公司"）2022 年非公开发行 A 股股 票的保荐机构，根据《证券发行上市保荐业务管理办法》《上海证券交易所股票 上市规则》等有关规定，对公司非公开发行限售股份解除限售事项进行核查，具 体情况如下： 一、本次限售股上市类型 于核准北汽福田汽车股份有限公司非公开发行股票的批复》（证监许可〔2022〕 本次发行新增股份 1,428,571,428 股已于 2022 年 9 月 2 日在中国证券登记 结算有限责任公司上海分公司办理完毕登记手续。本次非公开发行新增股份为有 限售条件流通股，限售期为 36 个月，本次发行完成后，公司总股本增加至 二、本次限售股形成后至今公司股本数量变化情况 股。 三、本次限售股上市流通的有关承诺 -1- 本次发行的认购对 ...

活动现场，北汽集团董事长张建勇、北京电视台总编辑徐滔和四川广播电视台总编辑王红芯共同宣布《熊猫奇遇 记》第二季节目开机。去年，北汽集团携手北京卫视、四川卫视，共同打造了大熊猫文化纪实节目《熊猫奇遇 记》第一季，BJ40作为独家探险陪伴官全程护航。在《熊猫奇遇记》第二季，BJ30旅行家将全程参与节目拍摄与 录制。 北京越野还联合小红书官方平台共同推出"BJ30旅行家改装创作征集计划"，邀请热爱创作、热衷风格定制的用 户，打造心目中最理想的BJ30旅行家。 北京越野董事长王昊表示："北京越野不仅是中国越野车的发明者，更是轻越野文化的普及者。带着'做最强混动 方盒子'的目标，我们打造了这款BJ30旅行家，可以说是一次'从满足需求到创造惊喜'的升级。10万元的价格，能 同时获得专业越野的能力、MPV的空间，以及A0轿车的能耗。" 北京越野BJ30自去年5月上市至今，累计销量已突破5.6万辆，被很多用户视作理想的"旅行搭子"。因此，北京越 野将这款专为旅行而生的车型命名为"BJ30旅行家"。 长沙晚报掌上长沙8月29日讯（全媒体记者 曹开阳）8月29日，北京越野在成都车展宣布，定位为10万元级超大空 间混动"方盒子"的 ...

（原标题：纵横G700亮相成都车展，开启全球盲订） 21世纪经济报道 见习记者 何煦阳 同时，G700还配备77英寸屏幕、云感智能座椅、智能冰箱、莱斯康音响、纵横苍穹互联等配置，将越野的野性与家的舒适性相结合。 本届成都车展，G700环塔版迎来全球首发。G700环塔版配备阿诺达氮气减震，支持±15mm精密高度调节，兼顾沙漠飞坡与戈壁穿越的多场景越 野需求。同时，G700环塔版还搭载265/70 R18黑熊AT胎、18寸越野轮毂、铝镁合金殿堂级底盘护板等装备，还原环塔拉力赛基因。 奇瑞汽车股份有限公司执行副总裁李学用表示，奇瑞将持续深耕越野技术，打造"中国人自己的豪华越野车"。 8月29日，纵横携旗下G700、G700环塔版、G700环塔赛事版、G700顶火版亮相成都车展，其中G700环塔版为全球首发亮相。 纵横G700定位"豪华电混越野SUV"。在动力方面，G700搭载奇瑞鲲鹏超能混动CDM-O系统，集成2.0TD混动专用发动机、2挡DHT变速箱、超级2 挡P4后驱电机、800V宁德时代混动电池，系统总功率665kw，总扭矩1135N·m，百公里加速4.6s。在驾控方面，G700全系标配CDC+空气悬架，最 ...

Group 1 - Chery Group showcased 31 models at the 28th Chengdu International Auto Show, including the new T11 SUV and the X3L, emphasizing its advancements in the new energy sector [1][3] - The T11 SUV is marketed as a "family-oriented luxury experience" while the X3L is positioned as a "high-energy stylish outdoor box" based on Chery's Kunpeng technology [1][3] - The new mid-size SUV, Starway ET5, features advanced driving assistance systems and high safety standards, aligning with the brand's "tech luxury" positioning [3] Group 2 - From January to July, Chery Group achieved cumulative sales of 1.4845 million vehicles, marking a 14.5% year-on-year increase and becoming the first Chinese brand to export over 5 million vehicles [5] - Chery aims to showcase its latest technological achievements and product matrix at the auto show, focusing on hybrid, extended-range, and pure electric vehicles [5]