东方电气：3高管拟合计减持不超过3万股公司股份 12月3日晚，东方电气（600875）发布公告称，公司高级副总裁王军、副总裁胡修奎及但军因个人资金 需求，计划自2025年12月26日起三个月内，通过集中竞价方式分别减持不超过6250股、16,250股和7500 股，合计不超过3万股。 资料显示，东方电气成立于1993年12月，主营业务是开发、设计、制造、销售先进的水电、火电、核 电、风电、气电、太阳能等发电成套设备，以及向全球能源运营商提供工程承包及服务等相关业务。 所属行业：电力设备–其他电源设备Ⅱ–综合电力设备商 亚虹医药：在欧洲结直肠大会发布APL-1401Ⅰb期临床试验数据 12月3日晚，亚虹医药（688176）发布公告称，公司开展的APL-1401用于治疗中重度活动性溃疡性结肠 炎的Ⅰb期临床试验（以下简称"该研究"）结果入选第19届欧洲结直肠大会（European Colorectal Congress，ECC），并以壁报形式发布该研究的临床数据。APL-1401是公司通过自主研究并发现其全新 作用机制用于治疗自身免疫疾病的口服创新药物。目前该在研产品尚处于临床试验早期阶段。 奇安信：20亿元科技 ...

证券简称：星宇股份 证券代码：601799 编号：2025-036 常州星宇车灯股份有限公司（以下简称"公司"）为深化国际化战略布局， 提升公司品牌国际影响力，积极借助国际资本市场拓展多元化融资渠道，助力公 司高质量发展，正在筹划发行境外股份（H 股）并在香港联合交易所有限公司（以 下简称"香港联交所"）上市事宜（以下简称"本次 H 股上市"）。公司正在与相 关中介机构就本次 H 股上市的具体推进工作进行商讨，相关细节尚未确定，本 次 H 股上市不会导致公司控股股东和实际控制人发生变化。 常州星宇车灯股份有限公司 关于筹划发行 H 股股票并在香港联合交易所有限公司上市 的提示性公告 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。 根据《中华人民共和国公司法》、《中华人民共和国证券法》、《上海证券交易 所股票上市规则》、《境内企业境外发行证券和上市管理试行办法》、《香港联合交 易所有限公司证券上市规则》等相关规定，待确定具体方案后，本次 H 股上市 工作尚需提交公司董事会、股东会审议通过，并经过中国证券监督管理委员会备 案和香港 ...

智通财经APP讯，星宇股份(601799.SH)发布公告，公司为深化国际化战略布局，提升公司品牌国际影 响力，积极借助国际资本市场拓展多元化融资渠道，助力公司高质量发展，正在筹划发行境外股份(H 股)并在香港联交所上市事宜。公司正在与相关中介机构就本次H股上市的具体推进工作进行商讨，相 关细节尚未确定，本次H股上市不会导致公司控股股东和实际控制人发生变化。 ...

格隆汇12月3日丨星宇股份(601799.SH)公布，公司为深化国际化战略布局，提升公司品牌国际影响力， 积极借助国际资本市场拓展多元化融资渠道，助力公司高质量发展，正在筹划发行境外股份(H股)并在 香港联合交易所有限公司(以下简称"香港联交所")上市事宜(以下简称"本次H股上市")。公司正在与相关 中介机构就本次H股上市的具体推进工作进行商讨，相关细节尚未确定，本次H股上市不会导致公司控 股股东和实际控制人发生变化。 ...

格隆汇12月3日丨星宇股份(601799.SH)公布，公司为深化国际化战略布局，提升公司品牌国际影响力， 积极借助国际资本市场拓展多元化融资渠道，助力公司高质量发展，正在筹划发行境外股份(H股)并在 香港联合交易所有限公司(以下简称"香港联交所")上市事宜(以下简称"本次H股上市")。公司正在与相关 中介机构就本次H股上市的具体推进工作进行商讨，相关细节尚未确定，本次H股上市不会导致公司控 股股东和实际控制人发生变化。 ...

星宇股份公告，公司正在筹划发行境外股份（H股）并在香港联合交易所有限公司上市。公司正在与相 关中介机构就本次H股上市的具体推进工作进行商讨，相关细节尚未确定。本次H股上市不会导致公司 控股股东和实际控制人发生变化。 ...

证券简称：星宇股份 证券代码：601799 编号：2025-035 2025 年第三季度业绩说明会预告公告 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： 投资者可以在2025年12月2日上午8:00至下午16:00通过公告后附的电话、邮 件等联系公司，提出所关注的问题，公司将在说明会上选择投资者普遍关注的问 题进行回答。 公司已于2025年10月30日披露了《星宇股份2025年第三季度报告》，为便于 广大投资者更全面深入地了解公司2025年第三季度的经营成果及财务状况，公司 决定于2025年12月3日通过网络文字互动方式召开"星宇股份2025年第三季度业 绩说明会"。 一、说明会类型 本次业绩说明会以网络文字互动方式召开，公司将针对2025年第三季度的经 营成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的 范围内就投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 召开时间：2025年12月3日（星期三）上午10:00-11:00 召开地点：上海证券报·中国证券网（https:// ...

Core Viewpoint - Xingyu Co., Ltd. has experienced a decline in stock price and trading activity, with a notable drop in market capitalization and net outflow of funds, indicating potential investor concerns [1][2]. Financial Performance - For the period from January to September 2025, Xingyu Co., Ltd. achieved a revenue of 10.71 billion yuan, representing a year-on-year growth of 16.09% [2]. - The net profit attributable to shareholders for the same period was 1.14 billion yuan, reflecting a year-on-year increase of 16.76% [2]. - Cumulative cash dividends since the company's A-share listing amount to 3.71 billion yuan, with 1.14 billion yuan distributed over the past three years [2]. Stock Market Activity - As of November 27, the stock price of Xingyu Co., Ltd. was 120.91 yuan per share, with a market capitalization of 34.54 billion yuan [1]. - The stock has declined by 8.39% year-to-date, with a 1.27% drop over the last five trading days and a 6.16% decline over the past 20 days [1]. - The company experienced a net outflow of 21.16 million yuan in principal funds, with significant selling pressure observed [1]. Shareholder Composition - As of September 30, 2025, the number of shareholders increased by 19.06% to 13,800, while the average circulating shares per person decreased by 16.01% to 20,772 shares [2]. - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 36.86 million shares, an increase of 12.72 million shares from the previous period [2]. - Other notable shareholders include various ETFs and mutual funds, with some experiencing reductions in their holdings [2].

Market Overview - The automotive industry index increased by 14.79% as of November 21, 2025, outperforming the Shanghai Composite Index and CSI 300 Index by 0.38 percentage points and 1.61 percentage points respectively [11][12] - The automotive sector's performance was strong in the first half of 2025 but became more aligned with the broader market in the second half [11][12] - The majority of sub-sectors showed positive growth, with motorcycles and other segments leading the gains [17][18] Financial Performance - The automotive industry achieved a revenue of CNY 36,976.27 billion in 2024, a year-on-year increase of 3.35%, and a net profit of CNY 1,363.61 billion, up 9.98% [30] - In the first three quarters of 2025, the industry reported revenues of CNY 28,712.84 billion, reflecting a 10.73% year-on-year growth, and a net profit of CNY 1,165.36 billion, up 10.72% [30][31] - The industry’s gross margin was 15.83% in the first three quarters of 2025, a slight decline from the previous year, while the net margin improved to 4.29% [33] Passenger Vehicle Segment - The passenger vehicle market is expected to reach record sales in 2025, driven by policy support and increased penetration of new energy vehicles (NEVs) [43] - NEV retail sales reached 10.15 million units from January to October 2025, a year-on-year increase of 21.9%, with a market share of 52.73% [45][50] - The market structure is shifting towards domestic brands, which captured nearly 70% of the market share by September 2025, while foreign brands are losing ground [50][51] Commercial Vehicle Segment - The commercial vehicle market showed signs of recovery in 2025, with production and sales increasing by nearly 10% year-on-year in the first three quarters [5] - The growth in the commercial vehicle sector is driven by policies promoting vehicle replacements and the rising sales of new energy commercial vehicles [5][6] Automotive Parts Sector - The national strategy emphasizes "intelligent and connected" technologies as the main axis for upgrading the automotive industry [5] - The penetration of advanced driver-assistance systems (ADAS) is expected to drive market expansion and domestic substitution in core hardware [5][6] Investment Recommendations - The report maintains a "stronger than market" rating for the automotive sector, recommending key companies in the passenger vehicle segment such as BYD, Changan Automobile, and Great Wall Motors [6] - In the commercial vehicle segment, Yutong Bus is recommended, along with a focus on China National Heavy Duty Truck [6] - For the automotive parts sector, companies like Feilong Co., Top Group, and Desay SV are highlighted as potential investment opportunities [6]

Core Viewpoint - The article discusses the upcoming World New Auto Technology Collaboration Ecosystem Summit, highlighting the importance of collaboration in the automotive industry and the focus on new technologies and supply chain development [1][5][29]. Group 1: Event Overview - The summit will take place on December 5-6, 2025, at the Wyndham Grand Suzhou, featuring various sessions including keynote speeches, roundtable discussions, and professional exchanges [12][21]. - Keynote speakers include executives from major automotive companies such as Dongfeng Motor Group, SAIC Volkswagen, and Geely, addressing current challenges and future prospects in automotive technology collaboration [12][21]. Group 2: Themes and Discussions - The summit will cover various themes such as the current state of automotive technology collaboration, supply chain development, and the evolution of intelligent cockpit systems [13][19][25]. - Roundtable discussions will focus on topics like the new dynamics of supplier relationships in the Chinese automotive market and the long-term trends in new energy vehicle range extension systems [13][19]. Group 3: Awards and Recognition - The event will also feature the 10th Lingxuan Award ceremony, recognizing outstanding contributions in the automotive parts industry, with various categories including Excellent Award, Gold Award, and Popularity Award [26][28]. - The awards aim to highlight the achievements of supply chain leaders and promote innovation within the automotive sector [26][28].