证券代码：600742 证券简称：富维股份 公告编号：2025-077 长春富维集团汽车零部件股份有限公司 本次职工代表大会决议生效以《关于取消监事会并修订<公司章程>暨办理工 商变更登记的议案》经过公司 2025 年第四次临时股东会审议通过为前提。 职工董事任期自该股东会决议生效之日起至第十一届董事会任期届满之日止。 特此公告。 长春富维集团汽车零部件股份有限公司董事会 2025 年 12 月 6 日 刘妍女士简历： 刘妍，女，汉族，1980 年 6 月出生，籍贯吉林德惠，2003 年 7 月参加工作，2000 年 11 月加入中国共产党，吉林大学外国语学院经贸英语专业毕业，吉林大学管 理学院工商管理硕士研究生学历，中级政工师。现任公司职工监事、工会副主席、 党群工作部（党委宣传部）部长。 关于选举职工董事的公告 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。 2025 年 12 月 4 日经长春富维集团汽车零部件股份有限公司（以下简称"公司"） 第三届第十二次职工代表大会决议，选举工会副主席、党群工作部（党委宣传部） 部长 ...

Group 1: Emerging Energy Sector - The development of AIDC may exacerbate electricity shortages in the U.S., with data center energy storage potentially serving as a solution. Fluence is negotiating over 30GWh of data center energy storage projects, with 80% initiated after the end of Q4 2025, indicating a significant emerging market opportunity [2][3]. - U.S. data centers consumed 176 TWh of electricity in 2023, accounting for 4.4% of total U.S. electricity consumption. This demand is expected to grow annually by 13%-27% from 2023 to 2028, potentially reaching 325-580 TWh by 2028, which would increase their share to 6.7%-12% of total U.S. electricity demand [3]. - Short-term energy storage solutions are beneficial for data centers to manage peak loads and frequency regulation, while long-term solutions may involve solar and storage systems becoming self-sufficient power sources [3]. Group 2: Cai Bai Co., Ltd. (菜百股份) - Cai Bai Co., Ltd. is expected to benefit from new tax policies, which will likely enhance its market share among compliant leading brands. The company operates as a direct sales model and is a member of the Shanghai Gold Exchange, allowing it to maintain competitive pricing despite increased procurement costs from the new tax regulations [5][7]. - Revenue forecasts for Cai Bai Co., Ltd. from 2025 to 2027 are projected at 26.073 billion, 28.945 billion, and 31.804 billion yuan, with growth rates of 29%, 11%, and 10% respectively. Net profit forecasts for the same period are 833 million, 943 million, and 1.023 billion yuan, with growth rates of 16%, 13%, and 9% [5][6]. - The company is expanding its direct sales network, with a total of 103 stores by mid-2025, covering key cities and maintaining a high dividend payout ratio of over 75% [8].

证券日报网讯12月4日，富维股份（600742）在互动平台回答投资者提问时表示，截至2025年11月28 日，富维股份的股东人数为24193户。 ...

证券日报网讯12月4日，富维股份（600742）在互动平台回答投资者提问时表示，上市公司的名称变更 是一项重大决策，公司本年度进行了更名，短期内再次启动更名的可能性很小。 ...

Investment Rating - The report assigns an "Accumulate" rating to the company with a target price of 14.10 CNY [4][10]. Core Insights - The company's main automotive parts business is experiencing steady growth while also expanding into humanoid robotics and low-altitude economy sectors. The report anticipates that the company will maintain stable growth in its core business and potentially open new growth avenues [2][10]. - Revenue projections for 2025, 2026, and 2027 are estimated at 20.872 billion CNY, 22.062 billion CNY, and 23.165 billion CNY, respectively, reflecting year-on-year growth rates of 6.3%, 5.7%, and 5.0% [3][20]. - The net profit attributable to the parent company is forecasted to be 630 million CNY, 699 million CNY, and 775 million CNY for 2025, 2026, and 2027, indicating growth rates of 23.8%, 10.9%, and 10.9% [3][20]. Financial Summary - Total revenue for 2023 is reported at 20,766 million CNY, with a projected decrease to 19,636 million CNY in 2024, followed by a recovery in subsequent years [3]. - The net profit for 2023 is 521 million CNY, with a slight decline expected in 2024 to 509 million CNY, before increasing in the following years [3]. - The earnings per share (EPS) for 2023 is 0.70 CNY, projected to rise to 1.04 CNY by 2027 [3]. Business Segment Forecast - The automotive interior segment is expected to generate revenues of 115.89 billion CNY, 121.69 billion CNY, and 127.77 billion CNY for 2025, 2026, and 2027, respectively, with a consistent growth rate of 5% [14]. - The automotive bumper segment is projected to achieve revenues of 46.71 billion CNY, 49.04 billion CNY, and 51.50 billion CNY over the same period, also reflecting a 5% growth rate [15]. - The lighting segment is forecasted to see revenues of 14.81 billion CNY, 16.29 billion CNY, and 17.10 billion CNY, with growth rates of 15%, 10%, and 5% respectively [16]. Valuation - The report suggests a valuation based on a price-to-earnings (PE) ratio of 15 times for 2026, leading to a target price of 14.10 CNY, which is below the average PE of comparable companies at 20.95 times [20][21]. - The company is positioned favorably due to its strong customer relationships and proactive expansion into new technology sectors, which supports its growth outlook [10][20].

在中国一汽完成对卓驭科技超36亿元战略投资后，其与零跑汽车的股权收购事宜再进一步。 "（零跑与中国一汽）在股权层面的合作，一直在探讨过程当中，相信在后续会有一些进展。"零跑汽车创始人、董事长兼CEO朱江明在日前的一次公开采 访中，首次对中国一汽与零跑汽车在资本层面的合作进行回应。 自从今年3月中国一汽与零跑汽车签署《战略合作谅解备忘录》后，关于前者将收购后者股权的消息多次传出。11月初，有消息称，中国一汽将通过定向 增发方式，陆续收购零跑汽车股权，并最终成为其第一大股东。 但从朱江明此次的回应来看，零跑汽车不会放弃实控权。"我们还是希望我们的创始团队是实控人。"朱江明强调。零跑汽车股权结构显示，Stellantis集团 虽以约21.26%的持股比例成为其单一最大股东，但朱江明等创始人团队通过直接和间接持股合计控制约25.8%的股权，仍掌握实际控制权。 图片来源：零跑汽车公众号 从零跑汽车最新公布的2025年第三季度财务报告来看，其融资需求并不迫切。数据显示，零跑汽车当季实现营业收入194.5亿元，较2024年同期增长 97.3%，较今年第二季度增长了36.7%。"四季度的盈利情况大体上会跟三季度保持一致，预期 ...

Group 1 - The event "Fuqi New Journey, Continuing Craftsmanship" organized by Guotai Junan Securities Jilin Branch focused on automotive industry dynamics and macroeconomic trends, facilitating deep communication between investors and the company [1][9] - Participants visited Changchun Fuwei Group's exhibition hall and R&D center, gaining insights into the company's operational environment and business layout, with the "Smart Dynamic Cabin" being a highlight of the innovation product showcase [3][5] - The "Fuwei-Monthspring Robot Application Laboratory" demonstrated the integration of humanoid robots in automotive manufacturing, significantly improving operational efficiency in specific tasks [5] Group 2 - Fuwei Group's Vice General Manager Li Yanjun reported that the company achieved a revenue of 14.273 billion yuan in the first three quarters of 2025, with steady profit growth and significant results in emerging business layouts [7] - The company established an integrated R&D center focusing on smart cockpits, smart surface exteriors, smart vision, and lightweight materials, while continuing to increase R&D investment and optimize management systems [7] - Guotai Junan Securities analysts provided insights into the current investment environment, highlighting opportunities and challenges in the automotive industry and macroeconomic context [9]

Group 1 - The core point of the article is that Fuwei Co., Ltd. announced a share buyback by its controlling shareholder, Yadong Investment, which acquired approximately 5.6 million shares, representing 0.75% of the total shares, for about 49.92 million RMB [1] - As of the end of 2024, Fuwei Co., Ltd.'s revenue composition shows that automotive parts account for 98.25% of total revenue, while other businesses contribute 1.75% [1] - The current market capitalization of Fuwei Co., Ltd. is 7.1 billion RMB [2]

证券代码：600742 证券简称：富维股份 公告编号：2025-076 长春富维集团汽车零部件股份有限公司 关于控股股东增持股份计划实施期间届满 暨增持计划实施结果公告 本公司董事会、全体董事及相关股东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： 已披露增持计划情况 2025 年 11 月 28 日，公司收到亚东投资《关于增持长春富维集团汽车零部 件股份有限公司股票结果的告知函》，截至 2025 年 11 月 28 日，本次增持计划 时间届满，亚东投资累计增持公司股份 5,601,804 股，占公司股份总数的 0.75%， 增持金额为人民币 49,920,725.20 元（不含发行费用）。 | 增持主体名称 | 吉林省亚东国有资本投资有限公司 | | | | --- | --- | --- | --- | | 增持主体身份 | 控股股东或实控人 | 是 | 否 | | | 控股股东或实控人的一致行动人 | 是 | 否 | 一、增持主体的基本情况 | | 直接持股 5%以上股东 | 是 | 否 | | --- | --- ...

| | 目 录 | | --- | --- | | 一、2025 | 年第四次临时股东会会议须知----------------------3 | | 二、2025 | 年第四次临时股东会会议议程----------------------5 | 长春富维集团汽车零部件股份有限公司 600742 2025 年第四次临时股东会材料 2025 年第四次临时股东会召开时间：2025 年 12 月 8 日 1 三、议案名称： | 序号 | 议案名称 | 页码 | | --- | --- | --- | | 1 | 2025 年前三季度利润分配预案 | 7 | | 2 | 关于取消监事会并修订《公司章程》暨办理工商 变更登记的议案 | 8 | | 3.00 | 关于修订、制定、废止公司部分治理制度的议案 | 9 | | 3.01 | 关于修订《股东会议事规则》的议案 | 9 | | 3.02 | 关于修订《董事会议事规则》的议案 | 9 | | 3.03 | 关于修订《关联交易制度》的议案 | 9 | | 3.04 | 关于制定《对外担保管理办法》的议案 | 9 | | 3.05 | 关于制定《对外投资管理办法》的议案 ...