Core Viewpoint - The commercial vehicle sector experienced a 0.91% increase on October 10, with Yutong Bus leading the gains, while the overall Shanghai Composite Index fell by 0.94% [1]. Summary by Category Market Performance - The Shanghai Composite Index closed at 3897.03, down 0.94% - The Shenzhen Component Index closed at 13355.42, down 2.7% [1]. Commercial Vehicle Sector - The commercial vehicle sector saw individual stock performances as follows: - Yutong Bus (600066) closed at 29.40, up 5.19% with a trading volume of 436,900 shares and a turnover of 1.29 billion yuan - King Long Automobile (600686) closed at 12.88, up 4.29% with a trading volume of 828,400 shares and a turnover of 1.06 billion yuan - Zhongtong Bus (000957) closed at 11.43, up 3.07% with a trading volume of 292,800 shares and a turnover of 331 million yuan - Other notable performances include Ankai Bus (000868) up 2.40% and Jiangling Motors (000550) up 2.17% [1]. Fund Flow Analysis - The commercial vehicle sector experienced a net outflow of 403 million yuan from institutional investors, while retail investors saw a net inflow of 291 million yuan [3]. - Specific stock fund flows included: - King Long Automobile had a net inflow of 88.14 million yuan from institutional investors - Zhongtong Bus had a net inflow of 31.97 million yuan from institutional investors - China National Heavy Duty Truck (000951) had a net inflow of 31.65 million yuan from institutional investors [4].

Core Insights - The commercial vehicle sector experienced a slight increase of 0.02% on October 9, with Jinlong Automobile leading the gains [1] - The Shanghai Composite Index closed at 3933.97, up 1.32%, while the Shenzhen Component Index closed at 13725.56, up 1.47% [1] Stock Performance Summary - Jinlong Automobile (600686) closed at 12.35, with a rise of 9.00% and a trading volume of 713,600 shares, amounting to a transaction value of 863 million [1] - Yutong Bus (600066) closed at 27.95, up 2.72%, with a trading volume of 238,000 shares, totaling 660 million [1] - China National Heavy Duty Truck Group (000951) closed at 17.52, increasing by 1.80%, with a trading volume of 134,200 shares, amounting to 23.4 million [1] - Hanma Technology (600375) closed at 8.24, up 1.73%, with a trading volume of 1,994,300 shares, totaling 814 million [1] - Other notable performances include FAW Jiefang (000800) at 7.09 (+1.14%) and Foton Motor (600166) at 2.77 (+1.09%) [1] Capital Flow Analysis - The commercial vehicle sector saw a net outflow of 447 million from institutional investors, while retail investors contributed a net inflow of 214 million [2] - The main capital inflow and outflow for key stocks include: - Jinlong Automobile: Net inflow of 14.56 million from main capital, but net outflows from both retail and speculative capital [3] - FAW Jiefang: Net inflow of 21.27 million from main capital, with outflows from speculative and retail investors [3] - Yutong Bus: Net inflow of 11.79 million from main capital, with a significant net inflow from speculative capital [3]

Core Viewpoint - Hanma Technology (600375.SH) reported a significant increase in truck sales for September 2025, indicating strong growth in the electric heavy-duty truck segment [1] Group 1: Sales Performance - The total truck sales (including incomplete vehicles) reached 1,220 units in September 2025, representing a year-on-year growth of 19.02% [1] - Electric medium and heavy-duty truck sales accounted for 1,068 units, showing a remarkable year-on-year increase of 51.92% [1]

Core Viewpoint - Hanma Technology (600375.SH) reported a significant increase in truck sales for September 2025, indicating strong growth in the electric heavy-duty truck segment [1] Group 1: Sales Performance - The total truck sales (including incomplete vehicles) reached 1,220 units in September 2025, representing a year-on-year growth of 19.02% [1] - Electric heavy-duty truck sales amounted to 1,068 units, showing a remarkable year-on-year increase of 51.92% [1]

Core Insights - Hanma Technology announced that total vehicle sales reached 1,220 units and total production was 1,208 units in September 2025 [1] - For the first nine months of the year, cumulative vehicle sales amounted to 9,452 units, representing a year-on-year increase of 48.52% [1] - The production and sales of electric medium and heavy trucks increased by 116.58% and 114.98% year-on-year, respectively [1] Summary by Category - **Sales Performance** - Total vehicle sales for September 2025 were 1,220 units [1] - Cumulative vehicle sales from January to September reached 9,452 units, showing a growth of 48.52% year-on-year [1] - **Production Performance** - Total vehicle production in September 2025 was 1,208 units [1] - The production of electric medium and heavy trucks saw a significant increase of 116.58% year-on-year [1] - **Electric Vehicle Segment** - Sales of electric medium and heavy trucks increased by 114.98% year-on-year [1]

汉马科技集团股份有限公司 证券代码：600375 证券简称：汉马科技 公告编号：临 2025－058 汉马科技集团股份有限公司 2025 年 9 月份产销快报公告 注：本表为产销快报数据，具体数据以公司定期报告数据为准。 特此公告。 汉马科技集团股份有限公司董事会 2025 年 10 月 10 日 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、准确性和完整性承担个别及连带责任。 汉马科技集团股份有限公司 2025 年 9 月份产销数据快报如下： （单位：辆） | 类别 | 产品名称 | | 月度数据 | | | 年度数据 | | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 本月 | 上年 | 同比 | 本年 | 上年同 | 同比 | | | | 数量 | 同期 | 增减 | 累计 | 期累计 | 增减 | | | 货车 （含非完整车辆） | 1,208 | 1,003 | 20.44% | 9,329 | 6,211 | 50.20% | | 产量 | 其中：电动中重卡 | 1,049 ...

Core Insights - Hanma Technology announced a production target of 1,208 trucks (including incomplete vehicles) for September 2025, representing a year-on-year change of -20.44% in production and a sales target of 1,220 trucks, reflecting a year-on-year change of -19.02% [1] Production and Sales Breakdown - Electric medium and heavy-duty trucks are projected to have a production of 1,049 units, showing a significant year-on-year increase of 61.63%, with sales expected to reach 1,068 units, marking a year-on-year increase of 51.92% [1] - Chassis assemblies are expected to have a production of 37 units, indicating a substantial year-on-year decrease of 77.44%, with sales also at 37 units, reflecting a year-on-year decline of 81.31% [1] - Alcohol-hydrogen power systems are projected to have a production of 384 units, with a year-on-year increase of 7.26%, and sales expected to be 415 units, showing a year-on-year increase of 16.25% [1]

Core Insights - The commercial vehicle sector experienced a 0.81% increase on September 30, with Dongfeng Motor leading the gains [1] - The Shanghai Composite Index closed at 3882.78, up 0.52%, while the Shenzhen Component Index closed at 13526.51, up 0.35% [1] Commercial Vehicle Sector Performance - Dongfeng Motor (600006) closed at 8.06, with a rise of 6.05% and a trading volume of 1.23 million shares, amounting to a transaction value of 972 million [1] - Other notable performers included: - Zhongjun Vehicles (301039) at 9.61, up 1.69% [1] - Shuguang Co. (600303) at 3.91, up 1.56% [1] - Jianghuai Automobile (600418) at 53.90, up 1.51% [1] - The sector saw a net inflow of 248 million in main funds, while retail investors experienced a net outflow of 206 million [3][4] Fund Flow Analysis - Main funds showed significant net inflows in several companies: - Dongfeng Motor: 218 million, accounting for 22.41% of the total [4] - Yutong Bus (600066): 93.02 million, 17.44% [4] - Jianghuai Automobile: 58.23 million, 1.77% [4] - Retail investors showed net outflows in various companies, with notable outflows from: - Yutong Bus: 6.89 million, -12.93% [4] - Jiangling Motors: 14.95 million, -11.50% [4] - China National Heavy Duty Truck (000951): 15.97 million, -9.42% [4]

Core Viewpoint - The announcement details the progress of a lawsuit involving Hanma Technology Group Co., Ltd.'s marketing subsidiary against Shandong Anma Automobile Sales Co., Ltd. regarding a contract dispute, with a total claim amount of approximately RMB 16.79 million [3][5]. Group 1: Case Overview - The lawsuit is currently in the stage of termination of execution [2]. - The marketing subsidiary of Hanma Technology is the applicant for execution in the case [2]. - The lawsuit involves a claim for payment of RMB 16,788,122.44 and penalties from Shandong Anma and its guarantors [3]. Group 2: Execution Status - As of the date of the announcement, the marketing subsidiary has recovered RMB 3,512,360.00 from the lawsuit [4][6]. - The court has issued an execution ruling, confirming that the initial judgment has legal effect, but the defendants have not fulfilled their obligations [6][7]. - The execution procedure has been terminated, but the applicant can apply for resumption if the defendants have recoverable assets [7]. Group 3: Financial Impact - The company is currently unable to estimate the impact of this case on its current or future profits [4][7]. - The company will monitor the case's progress and will handle accounting in accordance with relevant standards [4][7].

Group 1 - Hanma Technology Group Co., Ltd. recently announced the progress of a lawsuit involving its marketing subsidiary, revealing that a contract dispute lawsuit has been concluded [1] - The marketing subsidiary of Hanma Technology signed a dealership agreement with Shandong Anma Automobile Sales Co., Ltd., which failed to pay the vehicle purchase price as per the contract [1] - On November 19, 2023, Hanma Technology filed a lawsuit in the People's Court of Yushanqu, Ma'anshan City, Anhui Province, against Shandong Anma and its guarantors, seeking payment of RMB 16,788,122.44 and late fees calculated at an annual interest rate of 5.175% from February 1, 2024, until the payment is made [1] Group 2 - As of the announcement date, the case has executed a recovery of RMB 3,512,360.00, approximately 3.51 million [1] - The court has issued an execution ruling, terminating the execution procedure due to the absence of other executable assets from the defendants [1] - Hanma Technology is unable to estimate the impact of this lawsuit's conclusion on the company's current or future profits but will monitor the situation closely and comply with accounting standards for any necessary adjustments [2]