Market Overview - On August 4, the automotive service sector rose by 0.7%, with Jiaoyun Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3583.31, up 0.66%, while the Shenzhen Component Index closed at 11041.56, up 0.46% [1] Stock Performance - Jiaoyun Co., Ltd. (600676) closed at 5.52, with a gain of 5.75% and a trading volume of 496,500 shares, amounting to 266 million yuan [1] - China Automotive Research (601965) closed at 19.46, up 0.57%, with a trading volume of 73,800 shares, totaling 144 million yuan [1] - Other notable stocks include: - Zhongqi Co., Ltd. (301215) at 6.18, up 0.32% [1] - Alter (300825) at 11.74, up 0.26% [1] - Shanghai Material Trade (600822) at 11.99, up 0.25% [1] Capital Flow - The automotive service sector saw a net inflow of 13.82 million yuan from institutional investors, while retail investors experienced a net outflow of 17.47 million yuan [2] - The main capital flow details include: - Jiaoyun Co., Ltd. had a net inflow of 27.98 million yuan from institutional investors [3] - National Machinery Automotive (600335) saw a net inflow of 4.11 million yuan [3] - Xiamen Xinda (000701) experienced a net outflow of 13.48 million yuan from institutional investors [3]

证券之星消息，8月1日汽车服务板块较上一交易日上涨0.04%，浩物股份领涨。当日上证指数报收于 3559.95，下跌0.37%。深证成指报收于10991.32，下跌0.17%。汽车服务板块个股涨跌见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入(元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 600676 交运股份 | | 685.86万 | 4.20% | -582.69万 | -3.57% | -103.17万 | -0.63% | | 300825 | 阿尔特 | 550.74万 | 2.92% | -549.40万 | -2.91% | -1.34万 | -0.01% | | 600653 | 申博控股 | 540.75万 | 10.73% | 331.30万 | 6.57% | -872.06万 | -17.30% | | 601965 | 中国汽研 | 418.42万 | 5.33% | 1110.44万 | 14.15% | -1528.86 ...

通过天眼查大数据分析，辽宁申华控股股份有限公司共对外投资了26家企业，参与招投标项目19次，此 外企业还拥有行政许可4个。 来源：金融界 申华控股最新一期业绩显示，截至2025一季报，公司营业总收入9.25亿元、同比减少16.04%，归属净利 润1195.04万元，同比增长56.11%，扣非净利润1411.25万元，同比增长47.77%，流动比率1.268、速动比 率0.594、资产负债率69.66%。 天眼查商业履历信息显示，辽宁申华控股股份有限公司，成立于1992年，位于沈阳市，是一家以从事其 他金融业为主的企业。企业注册资本194638.0317万人民币，实缴资本2000万人民币。公司法定代表人 为高新刚。 金融界消息 截至2025年7月31日收盘，申华控股（600653）报收于1.89元，下跌2.58%，换手率1.74%， 成交量33.93万手，成交金额6453.01万元。 资金流向方面，今日主力资金净流出1515.10万元，占比成交额23.48%。其中，超大单净流出547.68万 元、占成交额8.49%，大单净流出967.42万元、占成交额14.99%，中单净流出流入831.65万元、占成交 额12 ...

近日，申华控股旗下洪江文旅项目与锦江集团达成深度战略合作。双方将在硬件设施升级、软件服务优 化方面展开全方位协同。 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 600653 | 申博控股 | 1.94 | 0.52% | 21.26万 | Iv | 4097.10万 | | 600386 | 北巴传媒 | 4.73 | -0.21% | 8.31万 | | 3922.96万 | | 838030 | 德众汽车 | 7.77 | -0.26% | 2.12万 | | 1640.61万 | | 600335 | 国机汽车 | 6.51 | -0.61% | 11.55万 | | 7517.65万 | | 301215 | 中汽股份 | 6.18 | -0.96% | 10.08万 | | 6218.18万 | | 000757 | 浩物股份 | 4.85 | -1.02% | 12.98万 | | 6327.31万 | | 601965 | 中国汽研 | 19.76 | -1.64% | 5.13万 | | 1.02亿 | | 300825 | 阿尔特 | 11.40 | -2.15% | 1 ...

证券之星消息，7月29日汽车服务板块较上一交易日上涨0.11%，交运股份领涨。当日上证指数报收于 3609.71，上涨0.33%。深证成指报收于11289.41，上涨0.64%。汽车服务板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 600676 | 交运股份 | 5.53 | 9.94% | 30.16万 | 1.64亿 | | 838030 | 德众汽车 | 7.79 | 0.39% | 2.03万 | 1566.45万 | | 600335 | 国机汽车 | 6.55 | -0.15% | 10.83万 | 7051.09万 | | 600386 | 北巴传媒 | 4.74 | -0.21% | 11.39万 | 5368.71万 | | 300825 | 阿尔特 | 11.65 | -0.51% | 15.22万 | 1.76亿 | | 600653 | 申博控股 | 1.93 | -0.52% | 29.12万 | 5610.82万 | | 000701 | 厦门 ...

Core Viewpoint - The annual report of Liaoning Shenhua Holdings Co., Ltd. for 2024 indicates a significant recovery in net profit, despite a decline in revenue, highlighting the company's strategic adjustments and operational improvements in a challenging market environment [1][3]. Company Overview and Financial Indicators - The company reported a net profit attributable to shareholders of 38,598,756.24 yuan for 2024, a 119.42% increase from a loss of 198,775,447.12 yuan in 2023 [2][3]. - Total revenue for 2024 was 4,193,384,127.55 yuan, down 18.43% from 5,140,865,960.51 yuan in 2023 [2][3]. - The company's net assets at the end of the reporting period were 820,890,018.67 yuan, reflecting a 4.75% increase from 783,694,608.57 yuan in 2023 [2][3]. Business Performance - The automotive sales segment generated revenue of 41.44 billion yuan, maintaining stable sales despite market pressures [3][4]. - The company implemented measures such as optimizing vehicle structure and sales rhythm, which contributed to the reduction of losses and improved profitability [3][4]. - The company successfully cleared nine subsidiaries, recovering approximately 30 million yuan through asset management [3][4]. Industry Context - The automotive industry in China faced challenges, with total vehicle production and sales declining by 7.5% in 2024, while new energy vehicle sales reached 12.9 million units, accounting for 40.93% of total sales [5][6]. - The market for office buildings in Shanghai remains under pressure, with a shift towards high-quality projects and flexible office spaces expected to continue [6][7]. Competitive Advantages - The company is one of the largest BMW dealers in China, operating 14 BMW 4S stores, which positions it favorably in the automotive market [7][8]. - The company has enhanced the operational quality of its financial building, maintaining stable occupancy rates despite a sluggish market [7][8]. Financial Analysis - The company’s operating expenses decreased due to effective cost management, with sales expenses down by 17.12% and management expenses reduced by 7.41% [8][9]. - The net cash flow from operating activities increased by 11.85% to 73,781,875.19 yuan, attributed to improved management of receivables [8][9].

Group 1 - The company forecasts a net profit loss between -65 million and -45 million yuan for the current period [1] - The main reason for the profit loss is intensified competition in the automotive market, leading to ongoing price wars among brands [2] - The company, as a BMW dealer, is facing dual pressures from the market and manufacturers, but has implemented measures to stabilize sales revenue [2] Group 2 - The company's unaudited non-operating income is approximately 2.44 million yuan, which has decreased compared to the same period last year [2] - The company did not receive similar rebate subsidies from manufacturers as in the previous period, impacting overall profit [2] - The total profit for the period is reported at -44.62 million yuan, with a net profit attributable to shareholders of -38.93 million yuan [3]

[Current Period Performance Forecast](index=1&type=section&id=Current%20Period%20Performance%20Forecast) The company anticipates an operating loss for the first half of 2025, with net profit attributable to shareholders projected between **-65 million RMB and -45 million RMB**, and non-recurring net profit attributable to shareholders projected between **-70 million RMB and -50 million RMB**; this forecast is unaudited 2025 Semi-Annual Performance Forecast | Metric | Estimated Amount (RMB) | | :--- | :--- | | Net Profit Attributable to Shareholders of the Listed Company | -65 million RMB to -45 million RMB | | Net Profit Attributable to Shareholders of the Listed Company After Deducting Non-Recurring Gains and Losses | -70 million RMB to -50 million RMB | - This performance forecast has not been audited by a certified public accountant[3](index=3&type=chunk) [Prior Period Performance](index=1&type=section&id=Prior%20Period%20Performance) The report discloses key financial data for the same period in 2024, with net profit attributable to shareholders at **-38.9271 million RMB** and non-recurring net profit attributable to shareholders at **-64.9113 million RMB** 2024 Semi-Annual Prior Period Performance | Metric | Amount (RMB) | | :--- | :--- | | Total Profit | -44.6232 million RMB | | Net Profit Attributable to Shareholders of the Listed Company | -38.9271 million RMB | | Net Profit Attributable to Shareholders After Deducting Non-Recurring Gains and Losses | -64.9113 million RMB | | Earnings Per Share | -0.0200 RMB | [Primary Reasons for Current Period's Anticipated Loss](index=1&type=section&id=Primary%20Reasons%20for%20Current%20Period%27s%20Anticipated%20Loss) The anticipated loss for the current period is primarily influenced by both core business operations and non-operating gains and losses; while core business revenue remained stable despite intense automotive market competition, a significant year-over-year decrease in non-operating income, due to large settlement receipts in the prior period, exacerbated the loss [Impact of Core Business Operations](index=2&type=section&id=Impact%20of%20Core%20Business%20Operations) Despite intense price competition in the automotive market, the company, as a BMW dealer, achieved stable sales revenue growth through strategic adjustments, enhanced services, and expanded channels, maintaining non-recurring net profit attributable to shareholders largely consistent with the prior year even without similar manufacturer rebates - Automotive market competition intensified in the first half of the year, with escalating price wars transferring downward pressure to the industry supply chain[6](index=6&type=chunk) - As a BMW dealer, the company achieved stable sales revenue growth through proactive responses[6](index=6&type=chunk) - The company's non-recurring net profit attributable to shareholders remained largely consistent with the prior year, even without similar manufacturer rebates from the previous period, demonstrating the resilience of its core business operations[6](index=6&type=chunk) [Impact of Non-Operating Gains and Losses](index=2&type=section&id=Impact%20of%20Non-Operating%20Gains%20and%20Losses) Current period non-operating income is approximately **2.44 million RMB**, a significant decrease from the prior year, primarily because the company received settlement payments from Brilliance Group and Renault Jinbei in the same period last year, resulting in a higher comparative base - Unaudited non-operating income for the current period is approximately **2.44 million RMB**[7](index=7&type=chunk) - The primary reason for the year-over-year decrease in non-operating income is the receipt of partial settlement payments from Brilliance Group and Renault Jinbei in the same period last year[7](index=7&type=chunk) [Risk Warning](index=2&type=section&id=Risk%20Warning) The company confirms the absence of significant uncertainties that would affect the accuracy of this performance forecast - The company declares no significant uncertainties exist that would impact the accuracy of this performance forecast[8](index=8&type=chunk) [Other Explanatory Notes](index=2&type=section&id=Other%20Explanatory%20Notes) The company advises investors that the data disclosed herein are preliminary estimates, and the final accurate financial figures will be subject to the company's officially released 2025 semi-annual report - The data in this announcement are preliminary estimates, with final figures subject to the company's officially disclosed 2025 semi-annual financial report; investors are advised to be aware of investment risks[9](index=9&type=chunk)

Group 1 - The indirect controlling shareholder of the company, Shenyang Automobile Co., Ltd., has changed its name to Shenyang Automobile Group Co., Ltd. as of July 8, 2025, due to development needs [1][2] - The name change does not involve any changes in the company's equity structure, and the control relationship between the company and its shareholders remains unchanged [2] Group 2 - The registered capital of Shenyang Automobile Group Co., Ltd. is RMB 488 million, and it was established on February 21, 2023 [1] - The business scope of the new entity includes manufacturing and retail of automotive parts, sales of new energy vehicles, and various technical services [1]