证券代码：600698 900946 证券简称：湖南天雁 天雁 B 股 公告编号：临 2026-007 湖南天雁机械股份有限公司 股票交易异常波动公告 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： 湖南天雁机械股份有限公司（以下简称"湖南天雁"或"公司"） A 股股票 2026 年 3 月 24 日、2026 年 3 月 25 日、2026 年 3 月 26 日 连续三个交易日内涨幅偏离值累计超过 20%，根据《上海证券交易所 股票交易规则》的相关规定，属于股票交易价格异常波动的情形。 经公司自查并书面征询公司控股股东及间接控股股东，公司及 公司控股股东、间接控股股东不存在应披露而未披露的重大事项或重 大信息。 二级市场交易风险。股价短期涨幅较大，但公司基本面未发生 重大变化，敬请广大投资者注意二级市场交易风险，理性决策，审慎 投资。 经营业绩风险。公司于 2026 年 1 月 20 日披露了《湖南天雁机 械股份有限公司 2025 年度业绩预告》，经财务部门初步测算，公司预 计2025年度实现归属于上市公司股 ...

公告编号：临 2026-006 2026 年 3 月 25 日 湖南天雁机械股份有限公司(以下简称"湖南天雁"或"公司")于 2026 年 3 月 24 日以视频方式召开了第十一届董事会第十次会议。会议通知于 2026 年 3 月 18 日以传真、电子邮件或送达等方式发出，湖南天雁现有 8 名董事，全部参 加了本次会议。本次会议召开符合《公司法》和《公司章程》的规定，所作决议 合法有效。会议经投票表决，形成决议如下： 一、会议审议并通过了《关于修订<湖南天雁机械股份有限公司资产处置管 理办法>的议案》。 表决结果：同意票 8 票，反对票 0 票，弃权票 0 票。 特此公告。 湖南天雁机械股份有限公司董事会 证券代码：600698 900946 证券简称：湖南天雁 天雁 B 股 湖南天雁机械股份有限公司 第十一届董事会第十次会议决议公告 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。 ...

Core Viewpoint - The domestic commercial vehicle market is experiencing strong growth, particularly in the new energy vehicle (NEV) segment, driven by policies promoting vehicle updates and the increasing penetration of NEVs in the market [1][5]. Group 1: Commercial Vehicle Market Analysis - In January 2023, domestic commercial vehicle sales reached 200,000 units, a year-on-year increase of 19%, marking a new high for January in recent years [1][5]. - The total sales of commercial vehicles in 2025 are projected to reach 3.1 million units, representing a 9% year-on-year growth compared to 2022 [5]. - The penetration rate of NEVs in commercial vehicles is expected to reach 29% by 2025, indicating a robust growth trend [1][11]. Group 2: New Energy Commercial Vehicle Sales - In January 2026, NEV commercial vehicle sales are anticipated to hit 50,000 units, a 63% increase year-on-year, despite a 64% month-on-month decline [1][6]. - The total sales of NEV commercial vehicles in 2024 are projected to be 579,000 units, reflecting an 84% year-on-year growth [6]. - The NEV penetration rate in commercial vehicles reached 26% in January 2026, a 7 percentage point increase compared to the same period last year [11]. Group 3: NEV Penetration Rate - The penetration rate of NEVs in commercial vehicles was around 3% from 2019 to 2021, increasing to 9% in 2022, 11% in 2023, and expected to reach 20% in 2024 [11]. - The NEV penetration rate for trucks in January 2026 is 21%, while for buses, it is 54%, both showing significant improvements [13]. - The NEV penetration rate for heavy trucks is projected to reach 34%, and for light trucks, it is expected to be 20% [13]. Group 4: Market Structure and Competition - The commercial vehicle market is primarily supported by light and heavy truck manufacturers, with companies like Foton, Wuling, and Sinotruk leading in sales [14]. - The market share of heavy trucks is particularly strong in regions like Southwest and South China, with NEV heavy trucks showing good penetration rates [15][16]. - The light truck market is also seeing strong performance in regions such as Southwest and Northwest, with increasing growth in the South China market [17][18].

Group 1 - The core point of the news is the recent executive changes at Hunan Tianyan, with the resignation of General Manager Hu Liaoping and the appointment of Chairman Yang Baoquan as acting General Manager, following the resignation of Vice General Manager He Guangqing due to personal reasons [1] Group 2 - Hunan Tianyan's stock price has shown volatility in the recent trading days, closing at 8.28 yuan on February 13, with a slight increase of 0.49% on that day, and a total increase of 0.85% over the past five days, but a cumulative decline of 7.38% over the past 20 days, underperforming compared to the broader market and the automotive parts sector [2] - The technical analysis indicates that the current stock price is near a support level of 8.08 yuan, with a Bollinger Band middle track resistance around 8.45 yuan [2] Group 3 - Market analysis on February 13 highlighted that Hunan Tianyan's stock movement is primarily influenced by expectations of a restructuring by the Armament Group, as well as catalysts from high-speed rail cooling fans and new energy vehicle concepts, although the net inflow of main funds was only 890,300 yuan, indicating an unclear trend [3] - The automotive parts industry is focusing on the transition to new energy in 2026, but the company faces risks from intensified international competition and potential underperformance in its transition efforts [3]

Core Viewpoint - The resignation of Mr. Hu Liaoping, the director and general manager of Hunan Tianyan Machinery Co., Ltd., is due to work adjustments, and he will no longer hold any positions within the company or its subsidiaries after his resignation [2][3]. Group 1: Resignation Details - The board of directors received Mr. Hu Liaoping's written resignation report on February 10, 2026 [2]. - Mr. Hu Liaoping holds 134,000 restricted shares, accounting for 0.01% of the company's total share capital [3]. Group 2: Impact on the Company - Mr. Hu Liaoping's resignation does not reduce the board of directors below the legal minimum, and his resignation will take effect upon delivery to the board [3]. - The company will promptly elect a new director and appoint a new general manager, with Chairman Yang Baoquan acting as the interim general manager until a new appointment is made [3]. - The company expresses gratitude for Mr. Hu Liaoping's contributions during his tenure [3].

证券代码：600698 900946 证券简称：湖南天雁 天雁 B 股 公告编号：临 2026-005 湖南天雁机械股份有限公司 关于公司董事、总经理离任的公告 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法律责任。 重要内容提示： 湖南天雁机械股份有限公司（以下简称"公司"）董事会于 2026 年 2 月 10 日收到公司董事、总经理胡辽平先生的书面辞职报告，胡辽平先生因工作调整， 申请辞去公司董事、总经理职务。辞职后，胡辽平先生将不再担任公司及子公司 任何职务。 (一) 提前离任的基本情况 (二) 离任对公司的影响 根据《公司法》《公司章程》等有关规定，胡辽平先生的辞职未导致公司董 事会成员低于法定最低人数，其辞职报告自送达公司董事会之日起生效。胡辽平 先生将按照公司相关制度规定做好辞职交接工作，其辞职不会影响公司董事会的 正常运行，亦不会对公司的日常经营产生不利影响。 截至本公告披露日，胡辽平先生持有公司股权激励限制性股票 134,000 股， 占公司总股本的 0.01%。辞职后，胡辽平先生仍将继续按照中国证监会、上海证 券交易 ...

Group 1 - The core point of the article is the resignation of Mr. Hu Liaoping, the company's director and general manager, due to work adjustments [1] - The company will promptly elect a new director and appoint a new general manager following legal procedures [1] - In the interim, the chairman, Mr. Yang Baoquan, will assume the responsibilities of the general manager until a new appointment is made [1]

Core Viewpoint - In 2025, the "Light Truck First Influence Index" for nine major domestic light truck brands showed a total score of 17,701, a decrease of 7.3% compared to 2024, primarily due to the reduction in the number of companies from ten to nine, while the average score still indicated growth [1][4]. Group 1: Brand Rankings and Scores - Jianghuai 1 Card ranked first with a score of 3,861, holding a significant lead with a score share of 21.81% [2][6]. - Dongfeng Light Truck ranked second with a score of 2,727, improving its position by one rank and increasing its score share by 2.82 percentage points to 15.41% [14][15]. - Jiefang Light Truck ranked third with a score of 2,660, achieving a score share of 15.03%, an increase of 2.18 percentage points from the previous year [17]. - China National Heavy Duty Truck HOWO ranked fourth with a score of 2,291, also moving up one position with a score share of 12.94%, an increase of 1.24 percentage points [19]. - Remote Light Commercial Vehicle entered the top five for the first time with a score of 1,720, achieving a score share of 9.72% [22][25]. - Qingling Light Truck ranked sixth with a score of 1,421, improving its rank by two positions with a score share of 8.03% [27]. - Foton Aoling ranked seventh with a score of 1,334, showing a slight increase in score share to 7.54% [31]. - Jiangling Light Truck ranked eighth with a score of 1,104, achieving a score share of 6.24% [31]. - Yutong Light Truck ranked ninth with a score of 583, with a score share of 3.29% [33]. Group 2: Key Events and Innovations - Jianghuai 1 Card launched several new products in 2025, including the Kunkun ET9, showcasing its strong R&D capabilities [10][12]. - Dongfeng Light Truck held a global new product and technology promotion conference, launching new strategic vehicles and enhancing its service brand [16][17]. - Jiefang Light Truck focused on customer rewards and launched several promotional activities, including a significant order of 500 electric light trucks [17][20]. - China National Heavy Duty Truck HOWO introduced new products and held a "Energy-saving King" challenge to promote its light trucks [19][20]. - Remote Light Commercial Vehicle emphasized its "alcohol-hydrogen + electric" technology and launched multiple new products, securing significant orders [22][25]. - Qingling Light Truck hosted an innovation development conference and launched several new products, focusing on multi-technology paths [27][29].

Core Viewpoint - The new energy heavy truck market in China experienced a strong start in January 2026, with overall sales reaching 20,600 units, a year-on-year increase of 184% [1]. Group 1: New Energy Tractor Truck Market Performance - In January 2026, 15,500 new energy tractor trucks were added, marking a year-on-year increase of 167% but a month-on-month decrease of 46% [2][3]. - The January sales of new energy tractor trucks were approximately 10,000 units higher than in January 2025, representing a 2.67 times increase compared to the same month last year [3]. - The 167% year-on-year growth rate for new energy tractor trucks was 17 percentage points lower than the overall growth rate of the new energy heavy truck market [3]. Group 2: Regional Market Insights - In January, all 30 provincial-level administrative regions in China reported new energy tractor truck additions, with 22 regions adding over 100 units each [4]. - Shanghai led the regions with over 3,000 new energy tractor trucks added, followed by Shanxi, Guangdong, Hebei, and Xinjiang, each with over 1,000 units [4]. Group 3: Company Sales Performance - In January 2026, 14 companies sold over 100 new energy tractor trucks, with 10 companies exceeding 500 units and 6 companies surpassing 1,000 units [8]. - XCMG topped the sales chart with 2,143 units sold, followed by SANY, Heavy Truck, and Jiefang, each selling over 1,500 units [8][9]. - The top ten companies in terms of sales saw significant year-on-year growth, with Dongfeng and United Heavy Truck achieving increases of 170% and 1,706%, respectively [11]. Group 4: Market Share Analysis - In January 2026, four companies held over 10% market share in the new energy tractor truck market, with XCMG at 13.9%, SANY at 12.9%, Heavy Truck at 12.0%, and Jiefang at 11.5% [14]. - The market share of Dongfeng and Shaanxi exceeded 6%, while several other companies maintained shares above 3% [14]. - Changes in rankings were noted, with Jianghuai returning to the top ten list, and SANY, Heavy Truck, and Dongfeng all moving up in the rankings compared to December 2025 [15]. Group 5: Future Outlook - The new energy tractor truck market continued its growth momentum in January 2026, achieving a year-on-year growth rate of 167% [17]. - The sustainability of this growth trend in the coming months remains a point of interest for industry observers [17].

Group 1 - The company announced the resignation of Deputy General Manager He Guangqing due to personal reasons, effective from February 2, 2026 [2][3] - He Guangqing held 110,800 shares of the company, representing 0.01% of the total share capital, with 100,500 shares being restricted stock [3] - The company confirmed that He Guangqing's departure will not affect its normal operations and management, and expressed gratitude for his contributions during his tenure [3][4] Group 2 - The resignation report is effective upon delivery to the board of directors, and He Guangqing has completed the necessary work handover [3] - The company will continue to manage He Guangqing's shares in accordance with relevant laws and regulations after his resignation [3]