证券代码：600686 证券简称：金龙汽车 公告编号：2025-068 厦门金龙汽车集团股份有限公司 2025年半年度权益分派实施公告 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： 每股分配比例 A 股每股现金红利0.03元 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/10/21 | － | 2025/10/22 | 2025/10/22 | 差异化分红送转： 否 一、 通过分配方案的董事会届次和日期 根据公司 2024 年度股东大会对 2025 年度中期分红事宜的相关授权，本次利润分配方案 无需提交股东会审议。本次利润分配方案经 2025 年 8 月 27 日召开的公司第十一届董事会第 十五次会议审议通过。 二、 分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上海分 公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 3 ...

Core Viewpoint - The commercial vehicle sector experienced a significant increase of 3.12% on October 15, with Zhongtong Bus leading the gains, reflecting positive market sentiment in this industry [1] Market Performance - The Shanghai Composite Index closed at 3912.21, up 1.22% - The Shenzhen Component Index closed at 13118.75, up 1.73% [1] Individual Stock Performance - Zhongtong Bus (000957) closed at 12.71, with a rise of 10.04% and a trading volume of 827,200 shares - Hanma Technology (600375) closed at 8.78, up 6.30% with a trading volume of 1,500,900 shares - Jiangling Motors (000550) closed at 21.84, increasing by 4.25% with a trading volume of 122,600 shares - King Long Automobile (600686) closed at 13.73, up 4.09% with a trading volume of 528,600 shares - Ankai Bus (000868) closed at 5.77, increasing by 3.41% with a trading volume of 271,300 shares [1] Capital Flow Analysis - The commercial vehicle sector saw a net inflow of 428 million yuan from institutional investors, while retail investors experienced a net outflow of 336 million yuan - The overall net outflow from speculative funds was 92.61 million yuan [1] Detailed Capital Flow for Key Stocks - Jianghuai Automobile (600418) had a net inflow of 1.50 billion yuan from institutional investors, while retail investors saw a net outflow of 68.97 million yuan - Zhongtong Bus (000957) experienced a net inflow of 78.47 million yuan from institutional investors, with retail investors facing a net outflow of 45.97 million yuan - King Long Automobile (600686) had a net inflow of 54.31 million yuan from institutional investors, while retail investors saw a net outflow of 22.57 million yuan [2]

Core Viewpoint - The A-share automotive sector experienced an initial surge, with notable gains in several companies, indicating positive market sentiment in the industry [1] Company Performance - Haima Automobile reached the daily limit up, reflecting strong investor interest [1] - GAC Group saw an increase of over 4%, suggesting robust performance and market confidence [1] - Jinlong Automobile, Hanma Technology, Dongfeng Motor, and CIMC Vehicles also experienced upward movement, indicating a broader positive trend in the sector [1]

Core Points - Jinlong Automobile announced the resignation of Mr. Huang Xue Min from the supervisory board due to personal reasons [2] - Mr. Huang's resignation is effective from October 13, 2025, while his original term was set to end on September 1, 2026 [2]

Investment Opportunities - The report emphasizes three main investment opportunities in the automotive industry: robotics, commercial vehicle exports, and intelligent driving technology [1][2][3] Robotics Industry - Tesla's Optimus third-generation prototype is set to be released within the year, with plans for mass production of 1 million units by 2026. The upcoming shareholder meeting on November 6, 2025, will provide updates on this initiative [1][8] - Domestic companies such as Yushun, Zhiyuan, and Matrix Superintelligence are highlighted for their capital progress and order situations, with a focus on their supply chain developments [1][12][13] - The electronic skin technology is identified as a high-barrier sector, with significant advancements in domestic production. The dexterous hand is crucial for precise operations in robotics, with Elon Musk stating that its development accounts for half of the overall engineering effort [1][15][17] Commercial Vehicles - China's bus exports have shown strong growth, with total exports projected to increase from 48,000 units in 2022 to 82,000 units by 2024, reflecting a CAGR of 31%. In the first half of 2025, bus exports reached 47,000 units, a 27% year-on-year increase [1][22] - Major players in the bus export market, including King Long, Yutong, and Zhongtong, reported export figures of 9,239, 8,377, and 4,589 units respectively, with year-on-year growth rates of 27%, 5%, and 3% [2][25] Intelligent Driving - Huawei's ADS 4.0 was officially released in April 2025, with a large-scale rollout beginning in September 2025. This version focuses on architecture optimization, safety enhancement, motion control upgrades, and improved parking experiences [1][18] - The first travel vehicle equipped with Huawei's ADS 4.0, the Xiangjie S9t, has received positive consumer feedback, with pre-orders exceeding 40,000 units shortly after launch [1][19][21] Recommended Stocks - The report recommends focusing on key stocks such as Beiqi Blue Valley, which is enhancing its collaboration with Xiaoma Zhixing and Huawei in the autonomous driving sector [1][19] - Daying Electronics is noted for its strategic partnership with Tianshan Technology to promote tactile perception technology in automotive and robotics applications [1][20] - King Long Motors is highlighted for its strong export performance and growth potential in the commercial vehicle sector [1][22]

一、离任情况 | 姓名 | 离任职务 | 离任时间 | | 原定任期 | | 离任原因 | 是否继续在上市 公司及其控股子 | 是否存在未 履行完毕的 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | 到期日 | | | 公司任职 | 公开承诺 | | 黄学敏 | 第十一届监 | 年 2025 | 10 | 年 2026 9 | | 个人原因 | 否 | 否 | | | 事会监事 | 月 13 | 日 | 月 1 | 日 | | | | 二、离任对公司的影响 证券代码：600686 证券简称：金龙汽车 编号：2025-067 厦门金龙汽车集团股份有限公司 关于监事辞任的公告 本公司监事会及全体监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。 厦门金龙汽车集团股份有限公司（以下简称"公司"）监事会于近日收到黄 学敏先生的辞任函。 2025 年 10 月 15 日 1 根据《公司法》及《公司章程》等相关法律法规的规定，鉴于黄学敏先生的 辞任将导致公司监事会的人数低于 ...

Market Overview - The commercial vehicle sector experienced a decline of 0.87% on October 14, with Yutong Bus leading the drop [1] - The Shanghai Composite Index closed at 3865.23, down 0.62%, while the Shenzhen Component Index closed at 12895.11, down 2.54% [1] Stock Performance - Notable stock performances in the commercial vehicle sector included: - Zhongtong Bus: Closed at 11.55, up 1.67% with a trading volume of 357,400 shares [1] - China National Heavy Duty Truck: Closed at 17.72, up 1.49% with a trading volume of 162,400 shares [1] - Yutong Bus: Closed at 28.90, down 2.73% with a trading volume of 205,800 shares [3] - The overall trading volume and turnover for the sector were significant, with Hanma Technology recording a turnover of 882 million yuan [1][3] Capital Flow - The commercial vehicle sector saw a net outflow of 473 million yuan from institutional investors, while retail investors contributed a net inflow of 395 million yuan [4] - Specific stock capital flows included: - Yutong Bus: Net outflow of 17.22 million yuan from institutional investors [4] - Zhongtong Bus: Net outflow of 20.29 million yuan from institutional investors [4] Summary of Key Stocks - The following stocks had notable capital flows: - Hanma Technology: Net inflow of 10.51 million yuan from institutional investors [4] - Foton Motor: Net inflow of 9.72 million yuan from institutional investors [4] - China National Heavy Duty Truck: Net outflow of 8.27 million yuan from institutional investors [4]

Market Overview - The commercial vehicle sector experienced a decline of 1.35% on October 13, with Jianghuai Automobile leading the drop [1] - The Shanghai Composite Index closed at 3889.5, down 0.19%, while the Shenzhen Component Index closed at 13231.47, down 0.93% [1] Stock Performance - Key stocks in the commercial vehicle sector showed mixed performance, with Jinlong Automobile rising by 4.74% to a closing price of 13.49 [1] - Jianghuai Automobile fell by 2.89% to a closing price of 50.39, with a trading volume of 534,300 shares and a transaction value of 2.682 billion [2] - Other notable declines included Foton Motor down 2.87% and JMC down 2.45% [2] Capital Flow - The commercial vehicle sector saw a net outflow of 474 million from institutional investors, while retail investors contributed a net inflow of 310 million [2] - The capital flow data indicates that retail investors were more active in the market despite the overall decline in the sector [2] Individual Stock Capital Flow - Jinlong Automobile had a net inflow of 53.38 million from institutional investors, while it faced a net outflow of 79.41 million from speculative funds [3] - Jianghuai Automobile experienced a significant net outflow of 459.86 million from institutional investors, indicating a lack of confidence among larger investors [3] - The data shows that retail investors were more favorable towards stocks like Ankai Bus, which had a net inflow of 472.44 million [3]

证券代码：600686 证券简称：金龙汽车 编号：2025-066 厦门金龙汽车集团股份有限公司 2025年9月份产销数据快报 2025年10月11日 厦门金龙汽车集团股份有限公司2025年9月客车产销数据快报如下： 单位：辆 ■ 注：本表为快报数据，最终数据以公司定期报告数据为准。 特此公告。 厦门金龙汽车集团股份有限公司董事会 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。 ...

Core Viewpoint - Xiamen King Long United Automotive Industry Co., Ltd. has released its bus production and sales data for September 2025, indicating the company's operational performance during this period [1]. Group 1 - The announcement confirms that the data provided is preliminary and that final figures will be included in the company's regular reports [1]. - The report is issued by the board of directors of Xiamen King Long, ensuring the accuracy and completeness of the information presented [1].