一、 对外投资概述 上海凤凰企业（集团）股份有限公司（以下简称公司）于 2025 年 4 月 28 日召开第十一届董事会第二次会议，审议通过了《关于在保加利亚投资设立控股 子公司的议案》，同意全资子公司上海凤凰自行车有限公司通过其香港全资子公 司凤凰自行车（香港）有限公司（以下简称 SPV 公司）与保加利亚 PD1 Invest Ltd 在保加利亚普罗夫迪夫市共同出资设立合资公司，注册资本 1,000 万欧元，其中 SPV 公司出资 550 万欧元，占 55%股权。具体内容详见公司于 2025 年 4 月 30 日 在《中国证券报》《上海证券报》及上海证券交易所网站（www.sse.com.cn）披 露的《关于在保加利亚投资设立控股子公司的公告》（2025-033）。 二、 对外投资进展情况 2025 年 8 月 14 日，公司完成了上述保加利亚控股子公司的设立登记手续。 相关登记信息如下： 公司名称：Phoenix Bicycle Europe AD 证券代码：600679 900916 股票简称：上海凤凰 凤凰 B 股 编号：2025-048 上海凤凰企业（集团）股份有限公司 关于设立海外控股子公司的进展 ...

Group 1 - The core revenue composition of Shanghai Phoenix for the year 2024 is as follows: bicycles and components account for 98.5%, real estate leasing business accounts for 1.49%, and cabinet trading accounts for 0.01% [1] Group 2 - On August 14, 2025, Shanghai Phoenix announced that shareholder Wang Xiangyu has released part of his pledged shares and re-pledged them to Shanghai Pudong Development Bank [3] - As of the announcement date, Wang Xiangyu holds approximately 17.49 million shares, representing about 3.39% of the total share capital [3] - After the re-pledging, Wang Xiangyu has a total of approximately 11.93 million shares pledged, which is about 68.20% of his holdings and approximately 2.32% of the total share capital [3] - Wang Xiangyu and his concerted actors hold a total of approximately 87.60 million shares, accounting for 17% of the total share capital, with a total of approximately 76.67 million shares pledged, representing about 87.53% of their combined holdings and approximately 14.88% of the total share capital [3]

证券代码：600679 900916 股票简称：上海凤凰 凤凰B股 编号：2025-047 上海凤凰企业（集团）股份有限公司 关于持股5%以上股东的一致行动人部分股份解除质 押并重新质押的公告 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个别及连带责任。 截至本公告披露日，王翔宇先生持有公司股份17,493,381股，占公司股 本总数3.3948%。本次部分股份解除质押并重新质押后，王翔宇先生累计质押股份 11,931,181股，占其持有公司股份的68.2040%，占公司总股本的2.3154%。 截至本公告披露日，王翔宇先生及其一致行动人江苏美乐、王国宝先生、 Wang Lucy女士合计持有公司股份87,599,985股，占公司总股本17.0000%；合计质 押的股份总数为76,674,903股，占其合并持有公司股份的87.5284%，占公司总股 本的14.8798%。 上海凤凰企业（集团）股份有限公司（以下简称公司）于2025年8月14日收 到公司股东王翔宇先生出具的《关于将持有的部分上海凤凰股票解除质押并重新 质押的告知函》，王翔 ...

Core Viewpoint - Shanghai Phoenix Enterprise (Group) Co., Ltd. announced the release and re-pledging of shares by shareholder Wang Xiangyu, indicating a shift in shareholding structure and potential implications for personal financing needs [1] Group 1 - On August 13, Wang Xiangyu released 8,582,601 shares previously pledged to Shanghai Pudong Development Bank, accounting for 49.0620% of his holdings and 1.6656% of the total share capital [1] - On the same day, Wang Xiangyu re-pledged 6,582,601 shares to the bank, representing 37.6291% of his holdings and 1.2774% of the total share capital, for personal funding requirements [1]

证券之星消息，8月13日摩托车及其他板块较上一交易日上涨1.16%，千里科技领涨。当日上证指数报收 于3683.46，上涨0.48%。深证成指报收于11551.36，上涨1.76%。摩托车及其他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) | | | --- | --- | --- | --- | --- | --- | --- | | 601777 | 千里科技 | 10.09 | 3.49% | 59.05万 | | 5.86亿 | | 301322 | 绿通科技 | 33.12 | 3.02% | 7.10万 | | 2.33亿 | | 603766 | 降葵通用 | 13.49 | 2.43% | 29.35万 | | 3.92亿 | | 301345 | 涛涛车业 | 173.90 | 1.34% | - 2.53万 | | 4.33亿 | | 603129 | 春风动力 | 272.99 | 1.10% | 1.78万 | | 4.79亿 | | 003033 | 征和工业 | 45.73 | 0.40% | 2.30万 | | 1.04亿 ...

Industry Overview - Folding bicycles are a category of bicycles characterized by their ability to fold, reducing their length by approximately 45% through frame and seat post joints, making them ideal for urban commuting and solving the "last mile" problem [1][2][3] - The global folding bicycle market is expected to reach $3.244 billion by 2024, with a significant year-on-year growth of 36% [1][3] Market Dynamics in China - China has rapidly emerged as a major market for folding bicycles, with sales projected to exceed 800,000 units by 2024, up from 327,600 units in 2019, reflecting a 15% increase from 2023 [1][9] - The average price of folding bicycles in China has risen from 1,221 yuan in 2019 to 2,218 yuan in 2024, indicating a growing consumer preference for mid to high-end models [1][11] Market Size and Growth - The Chinese folding bicycle market is expected to grow at a compound annual growth rate (CAGR) of 28.6%, reaching 1.8 billion yuan by 2024, which accounts for 7.8% of the global market [1][11] - The market is characterized by a high concentration of leading players, with the top five companies holding 60.4% of retail volume and 73.7% of market size in 2024 [1][15] Competitive Landscape - Major players in the Chinese folding bicycle market include Dahon, Shanghai Phoenix, and Zhonglu Co., which leverage strong brand influence and advanced technology to capture significant market shares [1][17] - Dahon is projected to lead the market with a 26.3% share in 2024, while Shanghai Phoenix and Zhonglu Co. each hold over 10% [1][17] Future Trends - The folding bicycle market is expected to see increased personalization of products to meet diverse consumer needs, alongside a growing preference for electric folding bicycles due to their convenience and environmental benefits [1][19] - The sales channels for folding bicycles are shifting, with a growing emphasis on integrating online and offline sales strategies as e-commerce and social media platforms gain traction [1][19]

Core Viewpoint - The announcement details an increase in shareholding by a significant shareholder, Jiangsu Meile Investment Co., Ltd., and its concerted actions, which does not trigger a mandatory takeover bid and does not change the company's controlling shareholder or actual controller [2][3][8]. Group 1: Shareholding Changes - Jiangsu Meile Investment Co., Ltd. and its concerted actions increased their total shareholding from 16.9298% to 17.0000% [2]. - The increase involved the purchase of 361,800 shares by Mr. Wang Xiangyu from August 6 to August 8, 2025, representing 0.0702% of the company's total shares [4]. - Post-increase, Jiangsu Meile holds 64,743,722 shares (12.5644%), Mr. Wang Xiangyu holds 17,493,381 shares (3.3948%), Mr. Wang Guobao holds 210,000 shares (0.0408%), and Ms. Wang Lucy holds 5,152,882 shares (1.0000%) [5]. Group 2: Shareholder Information - Jiangsu Meile Investment Co., Ltd. has a registered capital of 62.5 million yuan and was established on November 11, 2009, with Mr. Wang Xiangyu as the legal representative [6]. - The company operates in project investment and management, as well as the sale of bicycles and related products [6]. Group 3: Future Outlook - The increase in shareholding reflects the confidence of Jiangsu Meile and its concerted actions in the company's future development and long-term investment value [7]. - There are no plans for further share increases by Jiangsu Meile and its concerted actions as of the announcement date [11].

Core Viewpoint - Jiangsu Meile Investment Co., Ltd., a shareholder holding more than 5% of Shanghai Phoenix, announced an increase in its shareholding through concentrated bidding on the Shanghai Stock Exchange, indicating a positive outlook on the company's future performance [1] Group 1: Shareholding Changes - From August 6 to August 8, 2025, Wang Xiangyu, a concerted actor of Jiangsu Meile, increased his holdings by 360,000 shares of Shanghai Phoenix A-shares, representing 0.0702% of the company's total shares [1] - Prior to this increase, Jiangsu Meile and its concerted actors held a total of 87.24 million shares, accounting for 16.9298% of the company's total shares [1] - After the increase, Jiangsu Meile and its concerted actors hold a total of 87.60 million shares, which is 17% of the company's total shares [1]

证券代码：600679 900916 股票简称：上海凤凰 凤凰 B 股 编号：2025-046 上海凤凰企业（集团）股份有限公司 关于持股 5%以上股东的一致行动人权益变动的 提示性公告 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个别及连带责任。 重要内容提示 ??本次权益变动属于增持，不触及要约收购。 名称：江苏美乐投资有限公司 注册资本：6250 万元 类型：有限责任公司（自然人投资或控股） 成立日期：2009 年 11 月 11 日 法定代表人：王翔宇 ??本次权益变动后，江苏美乐投资有限公司及其一致行动人王国宝先生、王翔宇先生、 WANG LUCY 女士合计持有的股份占公司总股份的比例由 16.9298%增加至 17.0000%。 ??本次权益变动不会使公司控股股东及实际控制人发生变化。 一、本次权益变动基本情况 （一）本次增持情况 股 5%以上股东江苏美乐投资有限公司（以下简称江苏美乐）通知，江苏美乐的一致行动人 王翔宇先生自 2025 年 8 月 6 日至 2025 年 8 月 8 日，通过上海证券交易所集中竞价交易累计 ...

证券代码：600679 900916 股票简称：上海凤凰 凤凰 B 股 编号：2025-046 上海凤凰企业（集团）股份有限公司 关于持股 5%以上股东的一致行动人权益变动的 提示性公告 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个别及连带责任。 重要内容提示 本次权益变动属于增持，不触及要约收购。 本次权益变动后，江苏美乐投资有限公司及其一致行动人王国宝先生、王翔宇先生、 WANG LUCY 女士合计持有的股份占公司总股份的比例由 16.9298%增加至 17.0000%。 本次权益变动不会使公司控股股东及实际控制人发生变化。 一、本次权益变动基本情况 （一）本次增持情况 2025 年 8 月 8 日，上海凤凰企业（集团）股份有限公司（以下简称公司）接到公司持 股 5%以上股东江苏美乐投资有限公司（以下简称江苏美乐）通知，江苏美乐的一致行动人 王翔宇先生自 2025 年 8 月 6 日至 2025 年 8 月 8 日，通过上海证券交易所集中竞价交易累计 增持上海凤凰 A 股（凤凰 A 股）361,800 股，占公司总股份的比例为 ...