8月20日，A股市场全天探底回升，截至收盘，沪指涨1.04%，深成指涨0.89%，创业板指涨0.23%。沪指、深成指、科创50指数均创年内新高。沪深两市全 天成交额超2.4万亿，成交额连续6个交易日超2万亿。全市场超3600只个股上涨。 | 板块方面，白酒、半导体、AI眼镜、小金属等板块涨幅居前，化学制药、CRO、维生素等板块跌幅居前。 | | --- | | 有研系 | | 4.51% | 4.43% | | 4.37% | | --- | --- | --- | --- | --- | --- | | 6.26% | | | | | | | | | 汽系 | 蓝宝石 | 央企饮料 | 液态金属 | | 黄酒 | | 4.05% | 3.93% | 3.89% | 3.78% | | 5.28% | | | | | | | | | | | | 方正证券金 | | | | 服务器 | 白酒 | 中车系 | 出会 | | 矿冶科技系 | | 4.03% | 3.66% | 3.63% | 3.60% | | 5.24% | | | | | | | | | | | 轻工制造金股 | ASICTS | | | | ...

2 ◼ 客车这轮大周期驱动因素是什么？一句话总结：客车代表中国汽车制造业将成为【技术 输出】的世界龙头。这不是梦想而是会真真切切反应到报表层面。海外市场业绩贡献对 客车行业在3-5年会至少再造一个中国市场。背后支撑因素： （ ➢ 1）天时：符合国家【中特估】大方向，客车是【一带一路】的有力践行者，已有10余 年的出海经验，在新的国际形势变化下，将进一步跟紧国家战略，让中国优势制造业 【走出去】。 ➢ 2）地利：客车的技术与产品已经具备世界一流水平。新能源客车产品维度，中国客车 已领先海外竞争对手。传统客车维度，技术已不亚于海外且具备更好性价比及服务。 ➢ 3）人和：国内市场价格战结束不会成为拖累反而会共振。过去6-7年国内客车"高铁冲 击+新能源公交透支+三年疫情"三重因素叠加经历了长期的价格战，2022下半年宇通已 率先提价，且需求本身得益【旅游复苏+公交车更新需求】有望重回2019年水平。 证券研究报告·行业研究·汽车与零部件 客车8月月报： 7月淡季不淡，产批同比提升 证券分析师 ：黄细里 执业证书编号：S0600520010001 联系邮箱：huangxl@dwzq.com.cn 联系电话：021-6 ...

Core Viewpoint - In July 2025, China's sales of new energy buses (over 7 meters) showed a significant year-on-year increase of 81.24%, despite a month-on-month decline of 21.29% [1][2]. Sales Performance Overview - Total sales in July reached 3,701 units, with a cumulative sales figure of 21,851 units from January to July, marking a year-on-year growth of 35.71% [1][2][11]. - The top three companies in July were Yutong Bus, Nanjing King Long Chuangwei, and BYD, with sales of 676, 573, and 559 units respectively [2][4][6]. Company Rankings and Changes - Yutong Bus maintained its leading position with a year-on-year growth of 89.36% [2][4]. - Nanjing King Long Chuangwei experienced a remarkable month-on-month increase of 1,946.43% and a year-on-year increase of 2,765.00%, marking its first entry into the top three [4][6]. - BYD's sales increased by 55.28% month-on-month and 109.36% year-on-year, moving up two positions in the rankings [4][6]. Market Share Analysis - The top three companies accounted for 48.85% of the market share in July, a decrease of 6.64 percentage points from June [8]. - The top five companies held nearly 70% of the market share, while the top ten companies collectively accounted for 87.76%, down 5.05 percentage points from the previous month [8]. Segment Performance - In July, the bus segment saw a year-on-year increase of 123.10%, while the seat bus segment grew by 30.01% [12][13]. - Cumulatively, the bus segment's year-on-year growth reached 52.94%, and the seat bus segment showed a slight increase of 1.91% [12][13]. Cumulative Sales Insights - From January to July, the cumulative sales of new energy buses reached 21,851 units, with eight out of the top ten companies showing growth [11][17]. - Notable performers included King Long, Zhongtong, and Nanjing King Long Chuangwei, all achieving over 100% year-on-year growth [11][17]. Future Outlook - The demand for new energy buses is increasing, leading to intensified competition among companies, including both leading and mid-tier players [23]. - The market is expected to see further innovations and upgrades in products to meet the diverse needs of public transport and passenger services [23].

公示期限为自2025年8月6日至2025年8月11日。对评标结果有异议者，可以公示期内以书面 形式向招标代理机构提出。根据此前招标公告，该项目计划采购公交车447辆，预算金额为 32288万元。从本次公示结果来看，将最终诞生一家中标企业。三家中标候选人，最终谁将拿 下这一超级大单呢？ 福州公交集团2025年公交车采购项目中标候选人公示 内容: 一、项目基本情况 8月6日，福州公交集团2025年公交车采购项目中标候选人公示发布。公示显示，中标候选人 有三家，第一名为厦门金龙旅行车有限公司，投标总价322554100元（约32255.4万元）； 第二名为金龙联合汽车工业（苏州）有限公司，投标总价为322772200元（约32277.2万 元）；第三名为福建省一禄通特种车有限公司，投标总价为322300600元（约32230.1万 元）。 招标编号:KTZBG-2025077 项目名称:福州公交集团2025年公交车采购项目 二、项目废标/流标的原因 / 三、其他补充事宜 | 合同包 | 项目名称 | 排序 | 中标候选人名称 | 投标总价(元) | | --- | --- | --- | --- | --- | | ...

8月5日，厦门金龙汽车集团股份有限公司（证券代码：600686）发布了2025年7月份的产销数据快报，数据显示，该公司在7月份的客车生产与销售均取 得了显著增长，其中客车销量同比增长21.85%，表现尤为突出。 根据公告，7月份金龙汽车客车生产量达到3,904辆，较去年同期的3,511辆增长了11.19%。其中，轻型客车生产量增长迅猛，本月生产2,207辆，同比去 年的1,747辆，增幅高达26.33%。中型客车生产量也实现了13.44%的增长，本月生产498辆，而大型客车生产量虽较去年同期略有下降，但整体生产态势 依然良好。 在销售方面，金龙汽车7月客车销售量为3,402辆，较去年同期的2,792辆大幅增长21.85%。其中，轻型客车销售量同比增长24.56%，本月销售1,613辆； 中型客车销售量同比增长28.57%，本月销售540辆。大型客车销售量同比增长15.97%，本月销售1,249辆，表现同样不俗。 从累计数据来看，2025年至今，金龙汽车客车累计生产量为28,139辆，同比增长7.92%；累计销售量为25,912辆，同比增长0.7%。其中，轻型客车累计 生产量和销售量分别同比增长19.43%和8 ...

智通财经APP讯，金龙汽车(600686.SH)披露2025年7月份产销数据，公司本月客车生产量3904辆，同比 增长11.19%;本月客车销售量3402辆，同比增长21.85%。 （原标题：金龙汽车(600686.SH)7月份客车销售量3402辆 增长21.85%） ...

厦门金龙汽车集团股份有限公司 2025 年 7 月客车产销数据快报如下： | 单位：辆 | | --- | | 项目名称 | 本月数 | 去年同月 | 当月同比 | 本年累计 | 去年同期 | 累计同比 | | --- | --- | --- | --- | --- | --- | --- | | | | | 增减 | | 累计 | 增减 | | 客车生产量 | 3,904 | 3,511 | 11.19% | 28,139 | 26,075 | 7.92% | | 其中：大型客车 | 1,199 | 1,325 | -9.51% | 10,451 | 10,646 | -1.83% | | 中型客车 | 498 | 439 | 13.44% | 4,352 | 4,263 | 2.09% | | 轻型客车 | 2,207 | 1,747 | 26.33% | 13,336 | 11,166 | 19.43% | | 客车销售量 | 3,402 | 2,792 | 21.85% | 25,912 | 25,733 | 0.70% | | 其中：大型客车 | 1,249 | 1,077 | 15.97% | 9 ...

人民财讯8月5日电，金龙汽车（600686）8月5日晚间公告，7月份客车销售量3402辆，同比增长 21.85%；今年累计客车销售量25912辆，同比增长0.70%。 ...

Group 1 - The commercial vehicle sector increased by 0.37% on August 5, with Shuguang Co. leading the gains [1] - The Shanghai Composite Index closed at 3617.6, up 0.96%, while the Shenzhen Component Index closed at 11106.96, up 0.59% [1] - Key stocks in the commercial vehicle sector showed varied performance, with Shuguang Co. closing at 3.72, up 2.76% [1] Group 2 - The commercial vehicle sector experienced a net outflow of 4.92 billion yuan from institutional investors, while retail investors saw a net inflow of 3.58 billion yuan [2] - Among individual stocks, China National Heavy Duty Truck had a net inflow of 972.34 million yuan from institutional investors, but a net outflow of 1499.16 million yuan from retail investors [3] - Foton Motor and Shuguang Co. also showed mixed fund flows, with Foton Motor seeing a net inflow of 731.12 million yuan from institutional investors [3]

Group 1 - The training event on "Value Management and Mergers & Acquisitions" was held in Xiamen, attended by nearly 70 executives and representatives from listed companies and related institutions [1] - The core of value management is expectation management, which involves changing the company's fundamentals and perceptions to influence market value [1] - The capital market is transitioning from a "financing market" to an "investment market," presenting new opportunities in the mergers and acquisitions sector [1] Group 2 - Judicial restructuring has become a common path for listed companies to mitigate risks, as highlighted by case studies shared during the event [2] - The market structure of derivative investments was discussed, focusing on the NAFMII, SAC, and ISDA agreement systems, with examples of efficient applications of cross-border capital tools [2] - In the first half of 2025, ten listed companies in the Xiamen area completed mergers and acquisitions, involving a total amount of 1.755 billion yuan [2]