Core Insights - The article discusses the transformation of the RV industry in China, highlighting the shift from a niche market to a more mainstream lifestyle choice, driven by a new collaborative ecosystem among key players [1][16]. Industry Overview - The RV market in China is characterized by a low penetration rate of 0.02%, compared to 10% in the U.S., with only 250,000 RVs in 2024 [3][4]. - The demand for RV rentals is high, with daily rental prices in Xinjiang exceeding 2,280 yuan, indicating a strong rental market despite low ownership rates [3]. Challenges - The RV industry faces a fragmented supply chain and a cultural disconnect, where traditional consumer preferences for real estate hinder the growth of RV ownership [4][6]. - The lack of integration between chassis manufacturers, conversion companies, and rental services leads to poor user experiences, with consumers concerned about vehicle maintenance and campsite amenities [4][6]. Strategic Developments - A new strategic partnership among Sanhai Fu, Xingcheng Yao, and Beiqi Foton aims to create a comprehensive ecosystem for the RV industry, addressing the current challenges [7][10]. - The collaboration includes the development of specialized chassis, intelligent modifications for comfort and practicality, and the establishment of a nationwide rental and campsite network [7][10]. Future Outlook - The integration of AI and smart technologies is anticipated to enhance user experiences, with plans for AI-driven navigation and real-time vehicle monitoring [14]. - Policy support from the government, including initiatives to promote self-driving RV tourism, is expected to further stimulate the market [14][15]. Market Potential - The article emphasizes the growing trend of travel consumption in China, with domestic tourism expected to reach 5.615 billion trips in 2024, indicating a favorable environment for the RV industry [15]. - The goal of the industry transformation is to make RV travel accessible and enjoyable for a broader audience, moving away from the perception of RVs as luxury items [16].

Core Viewpoint - The collaboration between Foton's T7 electric micro truck and i7 electric VAN models is essential for addressing the diverse needs of last-mile logistics, providing a comprehensive electric solution for urban distribution [1][6]. Market Strategy and Goals - Despite a 9% decline in the overall micro truck market, the electric micro truck segment has seen a 1.5% growth, indicating strong potential in the new energy sector [3]. - Foton aims to sell 1,200 units in 2025, focusing on core markets, and expand to 5,000 units in 2026, targeting a 10% market share in the new energy micro truck segment [3]. Technological and Product Development - Foton has a 22-year history in the new energy sector, with significant milestones including the debut of new energy buses in 2008 and the largest global order of 2,000 new energy sanitation vehicles in 2012 [5]. - The newly launched i series models feature a pure electric platform that reduces energy consumption by 20% compared to traditional fuel-to-electric conversion models, catering to urban delivery users' sensitivity to energy costs [5]. Product Synergy and Market Coverage - The T7 and i7 models are designed to cover all scenarios in urban logistics, with T7 focusing on high-capacity transport and i7 catering to environments with height restrictions, such as underground parking [7][9]. - A dedicated "urban distribution network" has been established to maximize the market potential of both electric series, ensuring a clear separation from traditional fuel vehicle sales [9]. Customer-Centric Business Model - The T7 is priced starting at 67,800 yuan, and Foton offers innovative business models to alleviate initial cost burdens for users [10]. - Collaborations with industry leaders like CATL to create a "battery bank" and provide battery and vehicle leasing services significantly lower the initial investment for users [11]. - A full lifecycle value guarantee is designed to address user concerns about battery degradation and vehicle depreciation, ensuring a worry-free ownership experience [13]. Commitment to Quality and Sustainable Growth - Foton emphasizes high-quality development over price competition, focusing on product quality and customer service as foundational elements [14]. - The company aims for a total sales target of 36,000 units by 2025, leveraging the synergy of the T7 and i7 models to enhance efficiency and user experience in last-mile logistics [13][15].

8月1日，沪深两融数据显示，福田汽车获融资买入额0.40亿元，居两市第433位，当日融资偿还额0.41亿 元，净卖出63.76万元。 融券方面，当日融券卖出58.97万股，净卖出44.07万股。 最近三个交易日，30日-1日，福田汽车分别获融资买入0.29亿元、0.44亿元、0.40亿元。 ...

Group 1 - The company announced the decision to cancel the supervisory board and amend the articles of association, shareholder meeting rules, and board meeting rules [6][19][23] - The board meeting was held on July 22, 2025, with all 11 directors present, and the resolutions were passed unanimously [2][5] - The company plans to hold the seventh extraordinary general meeting of shareholders on August 19, 2025, to approve the proposed changes [28][30] Group 2 - The board's sustainable development committee and independent directors expressed agreement on various amendments to internal rules and regulations [3][4] - The company will revise multiple internal governance documents, including the rules for the audit/internal control committee and the independent director's work system [9][10][13] - The proposed changes include reducing the threshold for shareholders to propose agenda items from 3% to 1% of voting shares [23] Group 3 - The company will establish a management system for departing directors and clarify the duties of independent directors [23] - The amendments to the articles of association will also include changes to the definitions and terminologies used, such as replacing "stock" with "shares" [23] - The company will publish the revised articles of association and related documents on the Shanghai Stock Exchange website [24]

北汽福田汽车股份有限公司 期货和衍生品交易管理制度 第一章 总则 第一条 为规范北汽福田汽车股份有限公司（以下简称"公司"）期货和衍生品交易行为，有效控制风 险，维护公司及股东利益，依据《上海证券交易所股票上市规则》 《上海证券交易所上市公司自律监管指引 第 5 号—交易与关联交易》等相关法律法规、规范性文件及《北汽福田汽车股份有限公司章程》 （以下简称 "《公司章程》"）有关规定，结合公司实际情况，制定本制度。 第二条 本制度所称期货交易是指以期货合约或者标准化期权合约为交易标的的交易活动。本制度所 称 衍生品交易是指期货交易以外的，以互换合约、远期合约和非标准化期权合约及其组合为交易标的的交 易 活动。期货和衍生品的基础资产既可以是证券、指数、利率、汇率、货币、商品等标的，也可以是上述 标 的的组合。 （2023 年 12 月制定，2025 年 8 月第一次修订） 第三条 本制度适用于公司及下属各级全资、控股子公司，但以期货和衍生品交易为主营业务的控股 子 公司除外。 第四条 公司开展期货和衍生品交易的原则： （一）公司参与期货和衍生品交易应当遵循合法合规、审慎稳健、安全有效的原则； （二）公司利用期货市 ...

北汽福田汽车股份有限公司 董事会决议执行管理办法 （2015 年 12 月制定，2025 年 8 月第一次修订） 一、总则 第一条 根据《中华人民共和国公司法》、 《中华人民共和国证券法》 《上海证券交易所股票上市规则》 《上 市公司治理准则》《北汽福田汽车股份有限公司章程》《北汽福田汽车股份有限公司专门委议事规则》 等相 关规定，制定本办法。 有效机制，理顺决议执行高效流程，保障公司重大项目的顺利实施和推进。 二、董事会决议分类及反馈形式 第三条 公司主动反馈类决议。分为一次性反馈类和持续反馈类决议。 一次性反馈类决议事项可一年一次进行执行反馈，如董事及高管人员任免、年度经营指标完成、 高管 薪酬兑现、利润分配执行、年度关联交易执行、授信担保执行、公司治理制度制定等。 持续反馈类决议事项一般需持续一年以上，需根据执行阶段的不同持续跨年度进行反馈，如技术 改造、 对外投资、再融资等。 第四条 专门委要求反馈类决议。此类决议反馈由董事会专门委发起，由公司依据专门委的要求进 行反 馈汇报、审议。 第五条 董事会决议执行情况的反馈汇报形式包括但不限于以下的任一形式：董事会工作报告、年 度报 第二条 依法依规运作原则 ...

Core Viewpoint - The internal reporting system for significant information at Beiqi Foton Motor Co., Ltd. is established to ensure timely, accurate, and complete disclosure of information that may significantly impact the trading price of the company's stocks and derivatives [1][2]. Group 1: General Provisions - The company is a publicly traded entity and must comply with relevant laws and regulations regarding information disclosure [1]. - The internal reporting system is designed to ensure that relevant departments and personnel report significant information to the responsible leadership promptly [1][2]. Group 2: Reporting Obligations - Reporting obligations include directors, the board secretary, and other senior management who are aware of undisclosed information [1][2]. - Branches and subsidiaries must establish their own regulations and appoint specific individuals responsible for reporting significant information [2]. Group 3: Types of Reports - The company is required to prepare regular reports, including annual, semi-annual, and quarterly reports [2][8]. - The finance department is responsible for drafting financial information for these regular reports, ensuring timely and accurate submission [2][8]. Group 4: Temporary Reports - The board secretary is responsible for managing and disclosing temporary reports, with various departments required to report significant events or transactions promptly [4][5]. - Specific reporting criteria are established for general transactions, including asset purchases or sales, investments, and guarantees, with thresholds based on total assets and revenue [5][6]. Group 5: Other Significant Matters - Departments must report significant lawsuits or arbitration cases that exceed certain financial thresholds, as well as any events that may significantly affect stock prices [8][9]. - The company must report any major losses, unpaid debts, or significant operational disruptions [9][10]. Group 6: Reporting Procedures - Individuals with reporting obligations must notify the board secretary immediately upon becoming aware of significant information and follow up with written documentation within two working days [10][12]. - The board secretary must analyze reported information and, if necessary, inform the board for public disclosure [10][12]. Group 7: Responsibilities and Penalties - All departments and subsidiaries must adhere strictly to the reporting system, with penalties for individuals responsible for significant disclosure violations [15][16].

北汽福田汽车股份有限公司 内幕信息知情人登记备案制度 （2010 年 1 月制定，2011 年 12 第一次修订，2025 年 8 月第二次修订） 第一章 总则 第一条 为了规范北汽福田汽车股份有限公司（以下简称"公司"）的内幕信息管理，加强内幕信息 保密工作，维护信息披露的公平原则，根据《中华人民共和国公司法》《中华人民共和国证券法》《上 市 公司信息披露管理办法》《上海证券交易所股票上市规则》、中国证监会《上市公司监管指引第 5 号- -上 市公司内幕信息知情人登记管理制度》（简称"5 号指引"）《上海证券交易所上市公司自律监管指引第 定，制定本制度。 第二条 本制度的适用范围包括本公司及全资、控股子公司。 第二章 内幕信息与内幕信息知情人员的范围 第三条 内幕信息的认定标准： 本制度所指内幕信息是指为内幕人员所知悉，涉及公司的经营、财务或者对公司证券及其衍生品种在 交易活动中的价格有重大影响的、尚未在中国证监会指定的上市公司信息披露媒体或网站上正式公开的 信 息，包括但不限于： （一）公司经营方针和经营范围的重大变化； （二）公司的重大投资行为和公司在一年内购买、出售重大资产超过公司资产总额百分之三十； ...

北汽福田汽车股份有限公司 投资者关系管理制度 （2003年11月制定，2007年11月第一次修订，2023年9月第二次修订、2025年8月第三次修订） 一、总则 第一条 为进一步规范和加强北汽福田汽车股份有限公司（以下简称"公司"）投资者关系管理工作， 完善公司治理结构，搭建上市公司与投资者沟通的桥梁，切实保护投资者特别是中小投资者合法权益， 根 据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司投资者关系管理工作指引》《上市 公 司信息披露管理办法》《上海证券交易所股票上市规则》《上海证券交易所上市公司自律监管指引第1 号— —规范运作》《北汽福田汽车股份有限公司章程》及其它相关法律、法规的规定，结合公司的实际情 况， 特制定本制度。 第二条 投资者关系管理是指公司通过便利股东权利行使、信息披露、互动交流和诉求处理等工作， 加 强与投资者及潜在投资者之间的沟通，增进投资者对上市公司的了解和认同，以提升公司治理水平和企 业 整体价值，实现尊重投资者、回报投资者、保护投资者目的的相关活动。 第三条 公司投资者关系管理的目的： （一）促进公司与投资者之间的良性关系，增进投资者对公司的进一步了解和认同。 ...

北汽福田汽车股份有限公司 董事会投资管理委员会议事规则 （2005年6月制定，2010年10月第一次修订，2013年8月第二次修订，2015年6月第三次修订，2019年3月 第四次修订，2019年11 月第五次修订，2023年3月第六次修订，2024年5月第七次修订，2025年8月第八次修订） 二、人员组成 第三条 投资委由5名董事组成，其中至少包括1名独立董事。投资委可聘请专家顾问，并可支付适当 的 报酬。 第四条 投资委委员由董事提名，并由董事会选举产生。 一、总 则 第一条 为适应公司战略发展的需要，增强公司核心竞争力，健全投资决策程序，加强决策科学性， 提 高重大投资决策的效益和决策的质量，完善公司治理结构，根据《中华人民共和国公司法》《上市公司 治 理准则》、公司章程及其他有关规定，公司特设立董事会投资管理委员会（简称投资委），并制定本议 事 规则。 第二条 投资委是董事会下设的专门咨询机构，负责对公司重大投资决策进行研究并提出建议，对董 事 会负责。投资委的方案须提交董事会审议决定。 第五条 投资委设主任委员一名，可以设副主任委员1-2名，由投资委选举产生，报董事会备案。 第六条 投资委委员必须具 ...