Core Viewpoint - Tianyong Intelligent (603895) has been awarded a contract for the construction of an engine assembly line for Anhui Jianghuai Automobile (600418) Group's DHE high-efficiency platform production line, with a bid amount of 58.88 million yuan [1] Group 1 - The company received a bid notification from Anhui Provincial Tendering Group Co., Ltd. regarding the engine assembly line project [1] - The confirmed bid amount for the project is 58.88 million yuan [1]

Group 1 - The company Tianyong Intelligent (603895.SH) has received a bid notification confirming its selection as the winning bidder for the engine assembly line construction project of the DHE high-efficiency platform for Anhui Jianghuai Automobile Group Co., Ltd. [1] - The bid amount for the project is 58.8 million yuan [1] - This project is expected to have a positive impact on the company's operating performance, although it will not affect the company's operational independence [1]

Core Points - Shanghai Tianyong Intelligent Equipment Co., Ltd. has received a bid notification from Anhui Provincial Tendering Group Co., Ltd. regarding the engine assembly line construction project for Anhui Jianghuai Automobile Group Co., Ltd. with a bid amount of 58.8 million yuan [1] - The project, if a formal contract is signed and implemented, is expected to have a positive impact on the company's performance and will not affect its operational independence [1] - The bid notification does not constitute a formal order, and there are uncertainties regarding contract signing, execution, revenue recognition timing, and potential impacts from uncontrollable factors [1]

Core Viewpoint - Huazhong Xinchuan has received project confirmation from Anhui Jianghuai Automobile Group, marking a significant step in the development and supply of ceiling screen display assemblies for vehicles, which is a key trend in the automotive smart cockpit upgrade [2]. Summary by Sections Company Developments - Huazhong Xinchuan has been confirmed as a supplier for a specific model's ceiling screen display assembly by Jianghuai Automobile Group, indicating its capability in the automotive display market [2]. - The company has established itself as a comprehensive service provider in the automotive smart cockpit sector, focusing on automotive electronics and display systems [2][5]. Market Trends - The ceiling screen display is becoming a core trend in automotive smart cockpits, transitioning from single central control displays to multi-scenario interactions, driven by increasing demand for rear-seat entertainment and cockpit experiences [2]. - The market for ceiling screens is rapidly expanding as they penetrate from high-end to mainstream vehicle models [2]. Product and Technology - Huazhong Xinchuan has received multiple project confirmations for various display systems, including those for HUD (Head-Up Display) applications, indicating a strong market presence and technological capability [5][6]. - The company is also involved in the low-altitude economy sector, having received a significant project confirmation for a multimedia display system for an eVTOL (electric Vertical Take-Off and Landing) aircraft, with plans for commercial operations by the end of 2026 [6].

Core Viewpoint - Jianghuai 1 Card is positioning itself as a leading brand in the light truck market, focusing on high-end intelligent trucks to meet diverse industry needs and enhance logistics efficiency [2][3]. Delivery and Market Demand - In September, Jianghuai 1 Card's deliveries spanned multiple regions, including Central China, North China, the Yangtze River Delta, Southeast Coast, and Southwest, addressing the surge in logistics demand during the back-to-school and peak business season [3]. - The company aims to provide tailored transportation solutions for various sectors, including cold chain logistics, group meals, and engineering, under the "No. 1 Partner" positioning [3]. Specific Deliveries - In Zhejiang, 24 units of the Shuailing model were delivered to a food transport company, emphasizing reliability and stability to prevent food spoilage due to vehicle breakdowns [4][5]. - In Henan, 10 units of the Kangling and 14 units of the Junling were delivered to meet the high-frequency transportation needs for school meal logistics [7][9]. - In Guangxi, 12 units of the Junling were delivered to a logistics company for multi-category transportation, combining flexibility and load capacity [11]. - In Shanghai, the first batch of 10 Junling units was delivered to a logistics rental company, catering to the flexible scheduling needs of e-commerce and retail [13][14]. - In Jiangsu, 8 units of refrigerated Shuailing trucks were delivered to address urgent delivery needs for group meals, ensuring temperature control during transportation [16][17]. - In Hebei, 6 units of Shuailing were delivered in preparation for the upcoming "Double Eleven" shopping festival, focusing on efficient turnover and quick loading [19][20]. - In Hubei, 10 units of new energy refrigerated trucks were delivered to support the green transformation in food delivery, aligning with local carbon reduction goals [22]. - In Henan, 6 units of Junling Jin Yuanbao were repurchased to meet the timely and economic demands of agricultural product transportation [24]. - In Fujian, the first batch of 10 engineering vehicles was delivered to support urban infrastructure projects, ensuring sufficient transport capacity [26]. - In Zhejiang, 10 units of Junling V6 were delivered, focusing on high-frequency short-distance transportation needs [28]. Strategic Focus - Jianghuai 1 Card's delivery strategy in September was centered around seasonal demands and industry-specific scenarios, addressing operational pain points across various sectors [28]. - The company emphasizes a customer-centric approach, aiming to provide precise products and services that adapt to market changes and enhance logistics efficiency [28].

【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 格隆汇9月29日丨华安鑫创(300928.SZ)公布，近日收到安徽江淮汽车集团股份有限公司(简称"江汽 集团")的项目定点通知，确认公司获得其某车型吸顶屏显示总成产品的开发与供货资格。 ...

华安鑫创(300928.SZ)公告，公司于近日收到安徽江淮汽车集团股份有限公司("江汽集团")的项目定点通 知，确认公司获得其某车型吸顶屏显示总成产品的开发与供货资格。据悉，此次项目定点，是客户对公 司技术研发、产品质量、生产能力以及产品价格等综合因素的全方位认可，也是公司在吸顶屏显示总成 项目开拓中的重要突破。 ...

Core Viewpoint - The company, Huazhong Xinchang (300928), has received a project designation notification from Anhui Jianghuai Automobile Group Co., Ltd. (600418), confirming its qualification for the development and supply of ceiling screen display assemblies for a specific vehicle model [1] Group 1 - The project designation reflects the client's comprehensive recognition of the company's technology research and development, product quality, production capacity, and pricing [1] - This project designation marks a significant breakthrough for the company in expanding its ceiling screen display assembly projects [1]

Investment Rating - The report maintains an "Overweight" rating for the automotive industry [4][18]. Core Insights - The humanoid robot sector is gaining attention, particularly showcased at the 2025 Shanghai Industrial Expo, indicating a growing demand for innovative technologies [2][16]. - The report emphasizes the importance of identifying high-cost performance technology routes similar to lithium iron phosphate batteries in the electric vehicle sector, and companies with inherent advantages like CATL [18][17]. - The domestic passenger car market is facing increased competition as the effects of vehicle replacement programs diminish, leading to a recommendation for companies that focus on differentiated competition [18][15]. Summary by Sections 1. Industry Weekly Market Review - The automotive index remained flat over the past week, while the new energy vehicle index fell by 2%. The commercial vehicle index decreased by 3% [2][7]. - Over the past month, the automotive index increased by 5%, while the new energy vehicle index decreased by 2% [8][9]. 2. Investment Strategy and Recommendations - The report suggests focusing on companies like Dechang Motor Holdings and Haoneng Co., which are positioned to benefit from the humanoid robot supply chain [18][19]. - It highlights the potential of companies like Great Wall Motors, SAIC Motor, and JAC Motors in the competitive passenger car market [18][19]. - Recommendations for the heavy truck market include China National Heavy Duty Truck Group, Foton Motor, and Weichai Power, which are expected to benefit from industry upgrades [18][19]. - In the automotive parts sector, companies like Nexteer Automotive and Asia-Pacific Holdings are recommended due to their growth potential [18][19]. 3. Passenger Car Weekly Sales - From September 1 to 21, 2025, retail sales of passenger cars reached 1.191 million units, a year-on-year increase of 1% [15]. - The retail penetration rate for new energy vehicles reached 58.5%, with cumulative retail sales of 8.267 million units this year, reflecting a 24% year-on-year growth [15][18]. 4. Humanoid Robots at the Expo - The report notes the participation of several humanoid robot manufacturers at the Shanghai Industrial Expo, showcasing advancements in robotics technology [16][17]. - Companies like Xynova Future are highlighted for their comprehensive production capabilities in the humanoid robot sector, indicating a trend towards innovation and cost efficiency [17][18].

1. Report Industry Investment Rating - Not provided in the given content 2. Core Viewpoints of the Report - By 2035, new energy vehicles will become the mainstream of newly sold vehicles in China, with the net greenhouse gas emissions in the entire economic scope decreasing by 7%-10% from the peak, non-fossil energy consumption accounting for over 30% of the total energy consumption, and other goals to be achieved [1][109][118]. - The penetration rate of the Chinese new energy vehicle market exceeded 30% in 2023 and 50% in 2024. In 2025, high - competitiveness new car products are continuously launched, and price wars are gradually stopped. Overseas markets face trade protectionism in Europe and the United States, so attention should be paid to new growth points such as countries along the Belt and Road and the Middle East. The market share of independent brands continues to expand [3][120]. 3. Summary According to Relevant Catalogs 3.1 Financial Market Tracking - The one - week price changes of related sectors and listed companies are presented in charts. For example, BYD's one - week price decline was 1.65%, while Seres' was 9.48% [12][15]. 3.2产业链数据跟踪 3.2.1 China New Energy Vehicle Market Tracking - **Sales and Exports**: Data on China's new energy vehicle sales, penetration rate, domestic sales, exports, and sales of EV and PHV are presented in charts [16][21][23]. - **Inventory Changes**: Charts show the monthly new additions to new energy passenger vehicle channel inventory and manufacturer inventory [24][25]. - **Delivery Volumes of Chinese New Energy Vehicle Enterprises**: Monthly delivery volumes of enterprises such as Leapmotor, Li Auto, XPeng, NIO, etc., are presented in charts [27][28][32]. 3.2.2 Global and Overseas New Energy Vehicle Market Tracking - **Global Market**: From January to July, global new energy vehicle sales reached 9.233 million, a year - on - year increase of 25.9%. Except for China, Europe and other regions also had significant growth, with year - on - year increases of 29.5% and 53.4% respectively [2]. - **European Market**: Data on European new energy vehicle sales, penetration rate, and sales of EV and PHV in countries like the UK, Germany, and France are presented in charts [44][50][55]. - **North American Market**: In August, US new energy vehicle sales and penetration rate reached record highs. Due to the expiration of the federal electric vehicle tax credit on September 30, high market enthusiasm is expected to continue in September, followed by a sharp decline. Data on North American new energy vehicle sales, penetration rate, and sales of EV and PHV are presented in charts [2][119]. - **Other Regions**: Data on new energy vehicle sales, penetration rate, and sales of EV and PHV in regions such as Japan, South Korea, and Thailand are presented in charts [62][70][72]. 3.2.3 Power Battery Industry Chain - Data on power battery installation volume, export volume, weekly average price of battery cells, material costs, and the operating rates and prices of various battery materials are presented in charts [79][81][85]. 3.2.4 Other Upstream Raw Materials - Data on the daily prices of rubber, glass, steel, and aluminum are presented in charts [102][103][104]. 3.3 Hot News Summaries 3.3.1 China: Policy Dynamics - By 2035, new energy vehicles will become the mainstream of newly sold vehicles in China. From 2026, export license management will be implemented for pure - electric passenger vehicles [109]. 3.3.2 China: Industry Dynamics - From September 1 - 21, new energy vehicle retail sales increased by 10% year - on - year, and cumulative retail sales since the beginning of the year increased by 24%. In the 38th week (September 15 - 21), new energy passenger vehicle retail sales were 299,000, a year - on - year increase of 5.9%, and cumulative retail sales since the beginning of the year were 8.214 million, a year - on - year increase of 23.0% [111][112][113]. 3.3.3 China: Enterprise Dynamics - Chery Automobile was listed on the Hong Kong Stock Exchange, raising HK$9.14 billion. Li Auto and Sunwoda Power jointly established a battery company [114]. 3.3.4 Overseas: Policy Dynamics - Australia announced a 2035 emission reduction target, aiming to reduce emissions by 62 - 70% compared to 2005. The US lowered the import tariff on EU cars to 15%, and Turkey imposed new tariffs on imported passenger cars [114][116][119]. 3.3.5 Overseas: Enterprise Dynamics - BYD's Brazilian factory obtained an international green certificate. Porsche adjusted its product strategy, slowing down electrification and lowering its 2025 performance expectations [117][118]. 3.4 Investment Advice - Pay attention to new growth points such as countries along the Belt and Road and the Middle East. Focus on enterprises with strong product capabilities, smooth overseas expansion, and stable supply [3][120].