证券代码：600418 证券简称：江淮汽车 公告编号：2025-021 安徽江淮汽车集团股份有限公司 关于调整向特定对象发行A股股票方案的公告 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法律责任。 一、基本情况 安徽江淮汽车集团股份有限公司（以下简称"江淮汽车"、"公司"）于2024 年9月30日召开的公司八届二十二次董事会、八届十一次监事会，于2024年11月 20日召开的2024年第四次临时股东会，审议通过了关于公司向特定对象发行A股 股票（以下简称"本次发行"）的相关议案。 为推进本次发行工作的顺利进行，并结合公司实际情况，公司于2025年4月 18日召开八届二十五次董事会、八届十四次监事会，审议通过了《关于调整公司 向特定对象发行A股股票方案的议案》等议案，公司拟调整本次发行的募集资金 金额，根据公司2024年第四次临时股东会对董事会的授权，本议案无需提交股东 会审议。具体调整如下： 1、发行数量 调整前： "本次向特定对象发行股票数量为募集资金总额除以本次向特定对象发行 股票的发行价格，计算公式为：本次向特定对象发行股票数 ...

Investment Rating - The report maintains a "Buy" rating for the automotive industry [2][11]. Core Insights - The automotive industry is experiencing a shift towards electrification and intelligent driving, with significant advancements in new models and technologies being showcased at the upcoming Shanghai Auto Show [9][10]. - The successful completion of the first humanoid robot marathon indicates substantial progress in humanoid robot technology, presenting investment opportunities in core components and algorithms [6][7]. Market Performance - The automotive sector has underperformed, with a 1-month decline of 13.8% compared to a 5.1% decline in the CSI 300 index [3][19]. - The automotive industry PE (TTM) is at 28.3, which is in the 15.7% percentile over the past four years, while the PB is at 2.6, in the 76.3% percentile [29]. Investment Recommendations - Focus on companies with strong partnerships in intelligent driving and electrification, such as Seres, Jianghuai Automobile, and others [11][43]. - Investment opportunities in the humanoid robot sector include companies like Dual Lin Co., Best, and others involved in core components and algorithms [12][43]. Upcoming Events - The Shanghai International Auto Show is set to take place from April 23 to May 2, 2025, highlighting new models and technological advancements from various manufacturers [9][10]. Company Announcements - Dual Lin Co. reported significant revenue growth and profit increases, indicating strong performance in the automotive components sector [47]. - The report highlights the development of new products in humanoid robotics, including linear actuator modules and screw products, which are expected to drive future revenue [48][50].

Group 1: Industry Highlights - Chipmaker Xinming showcased its self-developed spatial intelligence technology at the Munich Shanghai Electronics Show, enhancing humanoid robots [1] - Daimeng Robotics launched a series of innovative products featuring multi-dimensional high-frequency tactile sensors, leading a tactile revolution in robotics [1] - Zhongqing Robotics completed a new round of Pre-A financing, raising nearly 200 million RMB [1] - The Ministry of Industry and Information Technology emphasized the need for thorough testing of intelligent driving technologies and warned against exaggerated claims [1] - The Public Security Ministry issued a warning about the dangers of "high-level intelligent driving," highlighting risky behaviors by drivers using assisted driving features [1] - GAC Group plans to launch its first L3 level vehicle by the fourth quarter of 2025, being one of the first approved passenger car companies for L3 [1] Group 2: Electric Vehicle Developments - GAC Aion and Didi unveiled their first L4 autonomous vehicle at the GAC Intelligent Safety Summit [2] - Didi announced plans to introduce 100,000 domestic electric vehicles in Mexico by 2030 [2] - In the first quarter, China's exports of automotive parts to ASEAN increased by over 20% [2] - XPeng Motors is developing a large-scale autonomous driving model with 72 billion parameters, named "XPeng World Base Model" [2] - Changan Automobile set a sales target of 3 million vehicles for 2025 [2] - Global electric vehicle sales surged by 40% in March, reaching 1.7 million units [2] - XPeng Motors aims to achieve L3 intelligent driving by the end of 2025 [2] - Li Auto released a technical white paper on its operating system, detailing its architecture and core systems [2] - The National Bureau of Statistics reported a 40.6% year-on-year increase in new energy vehicle production in March [2] - SAIC and Huawei launched the "Shangjie" brand under the HarmonyOS Intelligent Driving collaboration [2] - FAW Jiefang signed a cooperation agreement for the procurement of 1,000 electric heavy-duty trucks [2] Group 3: Market Performance - The CSI 300 Index rose by 0.59% this week, while the automotive sector fell by 0.57%, ranking 24th among A-share industries [3] - The SW passenger vehicle index decreased by 0.99%, with NIO and Seres leading the gains [3] - The SW commercial vehicle index increased by 0.94%, with ST Shuguang and *ST Hanma leading the gains [3] - The SW automotive parts index fell by 1.19%, with Jianbang Technology and Taide Co. leading the gains [3] Group 4: Market Outlook - The acceleration of electric and intelligent vehicle development among major automakers, combined with favorable policies, is expected to sustain steady growth in industry sales [4] - The inclusion of old-for-new subsidies for National IV heavy trucks is anticipated to stimulate domestic sales further [4] - Recommended companies for investment include BYD, Great Wall Motors, Leap Motor, Seres, BAIC Blue Valley, Jianghuai Automobile, Li Auto-W, XPeng Motors-W, Geely, GAC Group, and Changan [4] - In the commercial vehicle sector, recommended companies include China National Heavy Duty Truck, FAW Jiefang, Weichai Power, Tianrun Industry, and Foton Motor [4] - In the automotive parts sector, recommended companies include Daimai Co., General Co., Senqilin, Aikedi, Junsheng Electronics, Zhejiang Xiantong, Fuyao Glass, Bertley, Weichai Power, Wuxi Zhenhua, China Automotive Research, Desay SV, Huguang Co., and others [4]

Meeting Overview - The shareholders' meeting was held on April 18, 2025, at the company's headquarters in Hefei, Anhui Province [2] - The meeting was chaired by Chairman Xiang Xingchu, and the procedures complied with the Company Law and the company's articles of association [2] Attendance - Out of 11 current directors, 8 attended the meeting, while 3 were absent due to work commitments [2] - Only 1 out of 5 current supervisors attended, with 4 absent for similar reasons [2] - The board secretary and several vice presidents also attended the meeting [2] Resolutions Passed - The following resolutions were approved during the meeting: - 2024 Annual Report and Summary [3] - 2024 Board of Directors' Work Report [3] - 2024 Supervisory Board Work Report [3] - 2024 Financial Settlement Report [3] - 2025 Financial Budget Report [3] - 2024 Profit Distribution Proposal [3] - 2024 Directors' Remuneration Proposal [3] - 2025 Comprehensive Bank Credit Proposal [3] - Proposal for Entrusted Loans to Subsidiaries [3] - Proposal for External Guarantee Limits for Jianghuai Automobile and Subsidiary Jianghuai Guarantee in 2025 [4] - Proposal for Foreign Exchange Derivative Business [4] - Proposal to Use Idle Funds for Structured Deposits [4] - Proposal for Deposits and Related Transactions with Ruifude Automotive Finance Co., Ltd. [4] - Proposal for Asset Impairment Provision for 2024 [4] - Proposal for Guarantees for Customer Vehicle Buybacks by Subsidiary Ankai Bus in 2025 [4] - Proposal for Comprehensive Credit Guarantees for Subsidiaries [4] Legal Verification - The meeting was witnessed by lawyers from Shanghai Tongli Law Firm, who confirmed that the meeting's procedures and resolutions were in compliance with relevant laws and regulations [5]

证券代码：600418 证券简称：江淮汽车 公告编号：2025-018 安徽江淮汽车集团股份有限公司 2024 年年度股东会决议公告 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法律责任。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 1,850 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 771,041,969 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 35.3039 | | 份总数的比例（%） | | (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次会议由董事长项兴初主持。本次会议的召集、召开及会议表决方式等符 合《公司法》及《公司章程》的规定。 (一) 股东会召开的时间：2025 年 04 月 18 日 (二) 股东会召开的地点：安徽省合肥市东流路 176 号安徽江淮汽车集团股份 有限公司管理大楼 301 会议室 (三) 出席会议的普通股股东及其持有股份情况： 二、 议 ...

上海市通力律师事务所 关于安徽江淮汽车集团股份有限公司 2024 年年度股东会的法律意见书 本所及本所律师依据法律法规及本法律意见出具日以前已经发生或者存在的事实, 严 格履行了法定职责, 遵循了勤勉尽责和诚实信用原则, 进行了充分的核查验证, 保证本法律 意见所认定的事实真实、准确、完整, 所发表的结论性意见合法、准确, 不存在虚假记载、 误导性陈述或者重大遗漏, 并承担相应法律责任。 在此基础上, 本所律师出具法律意见如下: 24SH7200120/EZXC/cj/cm/D59 致: 安徽江淮汽车集团股份有限公司 上海市通力律师事务所(以下简称"本所")接受安徽江淮汽车集团股份有限公司(以下 简称"公司")的委托, 指派本所郑旭超律师、赵伯晓律师(以下合称"本所律师")根据《中 华人民共和国公司法》《中华人民共和国证券法》《上市公司股东会规则》等法律法规和规 范性文件(以下统称"法律法规")及《安徽江淮汽车集团股份有限公司章程》(以下简称"公 司章程")的规定就公司 2024 年年度股东会(以下简称"本次股东会")相关事宜出具法律意 见。 本所律师已经对公司提供的与本次股东会有关的法律文件及其他文件、资料 ...

从中证绿色城镇指数持仓的市场板块来看，深圳证券交易所占比59.07%、上海证券交易所占比 40.93%。 从中证绿色城镇指数持仓样本的行业来看，工业占比42.61%、可选消费占比26.65%、原材料占比 16.69%、信息技术占比10.56%、公用事业占比2.04%、通信服务占比1.46%。 金融界4月17日消息，A股三大指数收盘涨跌不一，中证绿色城镇指数 (绿色城镇，H30139)报1759.01 点。 资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月和12月的第二个星期五的下一 交易日。权重因子随样本定期调整而调整，调整时间与指数样本定期调整实施时间相同。在下一个定期 调整日前，权重因子一般固定不变。特殊情况下将对指数进行临时调整。当样本退市时，将其从指数样 本中剔除。样本公司发生收购、合并、分拆等情形的处理，参照计算与维护细则处理。 数据统计显示，中证绿色城镇指数近一个月下跌10.82%，近三个月下跌1.03%，年至今下跌3.90%。 据了解，中证城镇化指数系列主要围绕集约、智能、绿色低碳等主题，多角度反映城镇化进程中受经济 结构和消费结构变化影响的上市公司证券的表现。城镇化指数系列包括 ...

Investment Rating - The investment rating for Jianghuai Automobile (600418.SH) is not explicitly stated in the provided documents, but the report indicates a positive outlook on the company's performance and growth potential [2]. Core Views - Jianghuai Automobile reported a total sales volume of 37,223 vehicles in March 2025, a slight decrease of 1.71% year-on-year. However, SUV sales increased by 42.5% to 8,241 units, and pickup truck sales rose by 40.38% to 7,402 units [2]. - The company is set to launch the high-end intelligent model "Zun Jie" in May, which is expected to accelerate its transformation towards high-end intelligent electric vehicles [2]. - Revenue forecasts for Jianghuai Automobile are projected to be 58.2 billion, 72 billion, and 81.2 billion yuan for 2025, 2026, and 2027 respectively, with net profits expected to reach 6 billion, 17 billion, and 30 billion yuan in the same years [2][3]. Summary by Sections Sales Performance - In March 2025, Jianghuai Automobile sold 37,223 vehicles, with a year-on-year decrease of 1.71%. The breakdown includes 8,241 SUVs (up 42.5%), 7,402 pickups (up 40.38%), and 15,320 trucks (up 3.33%) [2]. - The X8 PLUS model contributed significantly to the SUV sales, achieving a 49.5% increase in sales [2]. Upcoming Products - The "Zun Jie" model is anticipated to launch in May 2025, which is part of the company's strategy to develop a high-end intelligent electric platform [2]. - The company plans to invest 4.9 billion yuan to enhance its electric vehicle technology and integrate advanced solutions from high-tech partners like Huawei [2]. Financial Projections - Revenue projections for Jianghuai Automobile are as follows: 58.2 billion yuan in 2025, 72 billion yuan in 2026, and 81.2 billion yuan in 2027, reflecting growth rates of 37.9%, 23.7%, and 12.8% respectively [3]. - The expected net profit for the same years is 6 billion yuan, 17 billion yuan, and 30 billion yuan, with corresponding EPS of 0.28, 0.78, and 1.36 yuan [3].

Investment Rating - The investment rating for Jianghuai Automobile (600418.SH) is not explicitly stated in the provided documents, but the report indicates a positive outlook on the company's performance and future growth potential [2]. Core Views - Jianghuai Automobile reported a total sales volume of 37,223 vehicles in March 2025, a slight decrease of 1.71% year-on-year. However, SUV sales increased by 42.5% to 8,241 units, and pickup truck sales rose by 40.38% to 7,402 units, indicating strong growth in these segments [2]. - The company is set to launch the high-end intelligent model "Zun Jie" in May, which is expected to accelerate its transformation towards high-end intelligent electric vehicles. The company plans to raise 4.9 billion yuan for the development of a new high-end intelligent electric platform [2]. - Revenue forecasts for Jianghuai Automobile are projected to be 58.2 billion yuan in 2025, 72 billion yuan in 2026, and 81.2 billion yuan in 2027, with corresponding net profits of 600 million yuan, 1.7 billion yuan, and 3 billion yuan respectively [2][3]. Summary by Sections Sales Performance - In March 2025, Jianghuai Automobile's total vehicle sales were 37,223 units, down 1.71% year-on-year. Notably, SUV sales surged by 42.5% to 8,241 units, while pickup truck sales increased by 40.38% to 7,402 units. Truck sales also saw a modest increase of 3.33% [2]. New Product Launch - The upcoming launch of the "Zun Jie" model in May is anticipated to enhance the company's high-end intelligent vehicle offerings. The company aims to integrate advanced technologies from partners like Huawei into its new electric vehicle platform [2]. Financial Projections - Revenue estimates for Jianghuai Automobile are as follows: 58.2 billion yuan in 2025, 72 billion yuan in 2026, and 81.2 billion yuan in 2027. The projected net profits are 600 million yuan, 1.7 billion yuan, and 3 billion yuan for the respective years [3].

从中证建行科技创新领先（长三角）指数持仓的市场板块来看，上海证券交易所占比72.69%、深圳证 券交易所占比27.31%。 从中证建行科技创新领先（长三角）指数持仓样本的行业来看，信息技术占比50.56%、工业占比 18.71%、可选消费占比10.64%、医药卫生占比9.39%、原材料占比7.45%、通信服务占比2.46%、主要消 费占比0.79%。 金融界4月15日消息，A股三大指数收盘涨跌不一，中证建行科技创新领先（长三角）指数 (建行科技 （长三角），932046)下跌0.63%，报1289.91点，成交额227.09亿元。 数据统计显示，中证建行科技创新领先（长三角）指数近一个月下跌7.80%，近三个月下跌0.06%，年 至今上涨0.42%。 据了解，中证建行科技创新领先（长三角）指数由中国建设银行定制，从长三角地区科技创新主题上市 公司中，选取50只科技创新能力较强、成长性较好的代表性上市公司证券作为指数样本，反映长三角地 区科技创新主题上市公司证券的整体表现。该指数以2019年12月31日为基日，以1000.0点为基点。 从指数持仓来看，中证建行科技创新领先（长三角）指数十大权重分别为：韦尔股份（ ...