| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 603129 | 春风动力 | 258.07 | 2.25% | 1.64万 | 4.20亿 | | 603529 | 爰玛科技 | 29.35 | 1.98% | 6.28万 | · 1.83亿 | | 603766 | 障 | 15.39 | 1.58% | 14.79万 | 2.27亿 | | 301345 | 涛涛车业 | 221.00 | 1.58% | 1.41万 | 3.09亿 | | 600818 | 中路股份 | 9.90 | 1.33% | 3.95万 | 3902.37万 | | 300994 | 久祺股份 | 16.85 | 0.96% | 2.74万 | 4623.33万 | | 002105 | 信隆健康 | 7.10 | 0.71% | 5.40万 | 3829.24万 | | 000913 | 钱江摩托 | 15.65 | 0.58% | 5.12万 | 7974.91万 | | 603787 | 新目股份 | 13 ...

Group 1 - The motorcycle and other sectors experienced a decline of 1.6% on January 29, with Zhenghe Industrial leading the drop [1][2] - The Shanghai Composite Index closed at 4157.98, up 0.16%, while the Shenzhen Component Index closed at 14300.08, down 0.3% [1] - Key stocks in the motorcycle sector showed mixed performance, with Qianjiang Motorcycle up by 1.89% and Zhenghe Industrial down by 5.33% [1][2] Group 2 - The net capital outflow from the motorcycle and other sectors was 165 million yuan, while retail investors saw a net inflow of 131 million yuan [2][3] - Major stocks like Aima Technology and New Day Shares had significant retail inflows, with New Day Shares seeing a retail net inflow of 950.27 million yuan [3] - The capital flow data indicates that institutional investors were net sellers in several stocks, including New Day Shares and Qianjiang Motorcycle [3]

证券日报网讯 1月27日，中路股份（600818）发布公告称，公司预计2025年度实现归属于母公司所有者 的净利润-7，322.28万元到-3，661.14万元，将出现亏损；预计归属于母公司所有者的扣除非经常性损 益后的净利润-7，180.47万元到-3，590.23万元。 ...

报告期内，公司深化产品迭代升级，立足国内市场，加速全球化布局。但面对市场形势复杂严峻， 公司传统业务毛利同比减少，品牌营销推广费用增加，对业绩造成直接负面影响。此外公司旗下潮流电 助力品牌"FOREVERBLU"以1.2亿元的估值引入外部投资者，其江苏盐城基地建成并投产。同时公司完 成对自行车品牌FactorBikesPtyLtd的股权投资并建立其在中国大陆地区的经销渠道；为优化供应链效率 和成本，公司启动了新的碳纤维车架产线建设项目。上述股权、渠道及生产端的配套投入对短期利润造 成压力(包括中介服务费、人员投入、营销推广投入、场地建设投入等)，前期产线更新扩容，人员规模 增加，导致当期费用性支出增加，但为中长期的成本优势和供应链自主可控奠定了坚实基础。 格隆汇1月27日丨中路股份(600818.SH)公布，经财务部门初步测算，预计2025年度实现归属于母公 司所有者的净利润-7,322.28万元到-3,661.14万元，将出现亏损。预计2025年度实现归属于母公司所有者 的扣除非经常性损益后的净利润-7,180.47万元到-3,590.23万元。 ...

智通财经APP讯，中路股份(600818.SH)发布公告，公司预计2025年度实现归属于母公司所有者的净利 润-7322.28万元到-3661.14万元，将出现亏损。 ...

Financial Performance Expectations - The company expects a net loss attributable to shareholders of the parent company for 2025 to be between -73.22 million and -36.61 million yuan[4]. - The expected net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, is projected to be between -71.80 million and -35.90 million yuan[6]. - In the same period last year, the total profit was -25.02 million yuan, and the net profit attributable to shareholders of the parent company was -19.83 million yuan[5]. Reasons for Expected Loss - The main reasons for the expected loss include a decrease in gross profit from traditional business and increased brand marketing expenses[8]. - Increased expenditures related to personnel, marketing, and facility construction have contributed to short-term profit pressure[8]. Business Developments - The company has introduced external investors to its brand "FOREVER BLU" at a valuation of 120 million yuan and has established a production base in Jiangsu[8]. - The company completed an equity investment in the bicycle brand Factor Bikes Pty Ltd and established its distribution channels in mainland China[8]. - A new carbon fiber frame production line project has been initiated to optimize supply chain efficiency and costs[8]. Financial Data and Risks - The financial data provided is preliminary and has not been audited by registered accountants[9]. - Investors are advised to pay attention to investment risks as the final audited financial data will be disclosed in the 2025 annual report[10].

南财智讯1月27日电，中路股份发布年度业绩预告，预计2025年全年归属于上市公司股东的净利润 为-7,322.28万元到-3,661.14万元；预计2025年全年归属于上市公司股东的扣除非经常性损益的净利润 为-7,180.47万元到-3,590.23万元。本期业绩预亏的主要原因：报告期内，公司深化产品迭代升级，立足 国内市场，加速全球化布局。但面对市场形势复杂严峻，公司传统业务毛利同比减少，品牌营销推广费 用增加，对业绩造成直接负面影响。此外公司旗下潮流电助力品牌"FOREVERBLU"以1.2亿元的估值引 入外部投资者，其江苏盐城基地建成并投产。同时公司完成对自行车品牌FactorBikesPtyLtd的股权投资 并建立其在中国大陆地区的经销渠道；为优化供应链效率和成本，公司启动了新的碳纤维车架产线建设 项目。上述股权、渠道及生产端的配套投入对短期利润造成压力（包括中介服务费、人员投入、营销推 广投入、场地建设投入等），前期产线更新扩容，人员规模增加，导致当期费用性支出增加，但为中长 期的成本优势和供应链自主可控奠定了坚实基础。 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 603766 | 降替通用 | 15.97 | 3.23% | 30.83万 | | 4.92 乙 | | 603129 | 春风动力 | 274.00 | 2.93% | 2.02万 | | · 5.47 Z | | 003033 | 征和工业 | 71.13 | 1.11% | 1.90万 | | 1.33亿 | | 301345 | 涛涛车业 | 213.13 | 0.83% | 1.23万 | | 2.59亿 | | 002105 | 信隆健康 | 7.31 | 0.83% | 21.36万 | | 1.56亿 | | 6000099 | 林海股份 | 10.97 | 0.46% | 3.03万 | | 3299.65万 | | 60006899 | 九号公司 | 56.03 | 0.41% | 9.81万 | | 5.48亿 | | 300994 | 久祺股份 | 16.97 | 0.06% | 2.56万 | | 430 ...

Core Viewpoint - The global electric assist bicycle market is rapidly growing due to government subsidies and policies aimed at reducing carbon emissions and promoting green transportation, with a projected market size of $32.95 billion in 2024, reflecting a 0.6% year-on-year growth [2]. Overview - Electric assist bicycles, also known as e-bikes, are a new type of transportation that primarily relies on human power, supplemented by electric motors and batteries [2]. - According to the National Bureau of Statistics, electric assist bicycles fall under the category of "C manufacturing" [2]. Market Policy - China has integrated electric assist bicycles into its "dual carbon" and green transportation frameworks, issuing various policies to support and regulate the industry, creating a favorable environment for development [13]. - Key policies include the "14th Five-Year Plan for National Economic and Social Development" and the "Guidance on the Development of the Electric Bicycle Industry during the 14th Five-Year Plan" [13][14]. Industry Entry Barriers - The electric assist bicycle industry has high entry barriers due to the need for comprehensive supply chain management capabilities, which require long-term operational experience to develop [8]. - Established manufacturers can efficiently integrate product design, material procurement, production, quality control, logistics, and after-sales service, making it difficult for new entrants to compete [8]. Industry Chain - The upstream of the electric assist bicycle industry includes suppliers of raw materials like steel, aluminum, and carbon fiber, as well as energy system suppliers such as lithium batteries and core components like motors and controllers [15]. - The midstream consists of electric assist bicycle manufacturers, while the downstream includes retail stores, distributors, e-commerce platforms, and end consumers [15].

Market Overview - The motorcycle and other sectors experienced a slight decline of 0.02% on January 26, with Zhenghe Industrial leading the drop [1] - The Shanghai Composite Index closed at 4132.61, down 0.09%, while the Shenzhen Component Index closed at 14316.64, down 0.85% [1] Stock Performance - Key stocks in the motorcycle sector showed varied performance, with Qianli Technology rising by 4.35% to a closing price of 12.00, while Zhenghe Industrial fell by 4.55% to 70.35 [2][1] - Other notable declines included Taotao Vehicle down 4.20% to 211.38 and Yong'an Xing down 3.92% to 18.63 [2] Trading Volume and Value - Qianli Technology had a trading volume of 957,100 shares, resulting in a transaction value of approximately 1.145 billion [1] - Zhenghe Industrial recorded a trading volume of 22,500 shares with a transaction value of around 160 million [2] Capital Flow Analysis - The motorcycle and other sectors saw a net outflow of 10.85 million from main funds, while retail investors experienced a net outflow of 29.69 million [2] - Conversely, speculative funds recorded a net inflow of 40.55 million [2] Individual Stock Capital Flow - Qianli Technology had a main fund net inflow of 37.42 million, while retail investors saw a net outflow of 42.08 million [3] - Zhenghe Industrial experienced a significant main fund net outflow of 24.62 million, indicating a bearish sentiment [3]