为有力担当科技强国的央企使命，广泛凝聚行业众智、产业合力，更好发挥引领汽车行业进步、支撑汽 车强国建设的重要作用，6月11日，中国汽车工程研究院股份有限公司（以下简称"中国汽研 （601965）"）举行的60周年发展大会暨科技周活动在重庆开幕。 公司党委书记、董事长周玉林全面回顾了企业六十年发展历程，并勾勒出面向"新汽车"时代的战略蓝 图。 科技创新与市场拓展并进 加速创新外，中国汽研市场布局也在呈现新局面。对此，周玉林向《证券日报》记者表示，公司将以重 庆为总部，完成华东、华南、华北区域基地的总体布局，并积极拓展海外多国市场，推动检测能力属地 化。 产业迈向"新汽车"时代 周玉林对汽车产业的变革趋势有着深刻的理解。 当前社会正在经历深刻的变革，碳中和与万物互联成为推动世界转型的两大核心力量，同时AI正在引 发新一轮科技浪潮，将带给人类社会深远的影响，通过"人工智能+"将赋能万物智能。 中国汽研始建于1965年3月，原名重庆重型汽车研究所。2012年，公司成功登陆A股，成为汽车行业第 一家科技服务类整体上市公司。创建以来，公司资产从百万元级增长至百亿元级，营收、利润稳步增 长，成为行业领先第三方机构。 财报数 ...

天眼查资料显示，中国汽车工程研究院股份有限公司，成立于2001年，位于重庆市，是一家以从事专业 技术服务业为主的企业。企业注册资本100418.0587万人民币。通过天眼查大数据分析，中国汽车工程 研究院股份有限公司共对外投资了33家企业，参与招投标项目5000次，财产线索方面有商标信息378 条，专利信息1813条，此外企业还拥有行政许可97个。 金融界2025年6月11日消息，国家知识产权局信息显示，中国汽车工程研究院股份有限公司申请一项名 为"应用于测试密封条撞击异响临界速度的试验装置及方法"的专利，公开号CN120121315A，申请日期 为2025年04月。 专利摘要显示，本发明涉及汽车异响测试技术领域，公开了应用于测试密封条撞击异响临界速度的试验 装置，包括支撑架和信号采集处理单元，支撑架上设有弹性支撑机构，弹性支撑机构的一端连接有驱动 单元，另一端连接有固定单元，固定单元用于安装待测试密封条，靠近固定单元一侧的支撑架上固定连 接有挡板，信号采集处理单元用于采集撞击测试过程的信号，并对信号进行分析处理，最终输出密封条 撞击异响的临界速度数据。其测试方法，包括以下步骤：S1：安装密封条；S2：安装信 ...

Group 1: Electric Vehicle Trade Negotiations - The price commitment negotiations between China and the EU regarding electric vehicles are in the final stages, requiring further efforts from both sides [1] - Discussions between Chinese Minister Wang Wentao and EU Commissioner Šefčovič focused on finding a mutually acceptable solution to trade differences [1] Group 2: Price Wars in the Automotive Industry - The article highlights that there are no winners in vicious price wars, which can lead to a harmful cycle for industry development and consumer rights [2] - The China Automobile Association has issued a call to oppose price wars among car manufacturers to maintain fair competition [2] Group 3: New Energy Vehicle Promotions - In May 2025, the promotion rate for new energy vehicles decreased to 11%, showing a 1.6 percentage point increase from the previous month [3] - The number of models with price reductions has significantly decreased from earlier months, indicating a market recovery [3] Group 4: Used Car Market Performance - In the first four months of 2025, the cumulative transaction volume of used cars in China reached 6.31 million units, a year-on-year increase of 0.5% [4] - The transaction amount for used cars during this period was 413.4 billion yuan, reflecting a 2.7% decline year-on-year [4] Group 5: Auto Show Highlights - The 2025 Guangdong-Hong Kong-Macao Greater Bay Area Auto Show concluded with a total transaction amount of approximately 10.07 billion yuan from 42,823 vehicles sold [5] - The event featured 112 vehicle brands and showcased 1,039 models, attracting around 890,000 visitors [5] Group 6: Production Capacity Decisions - Geely Holdings' Chairman Li Shufu announced that the company will not build new automobile production plants due to serious overcapacity in the industry [6] - Geely aims to utilize existing global overcapacity and engage in resource restructuring and cooperation [6] Group 7: North American Automotive Supply Chain Concerns - The Mexican automotive parts industry expressed concerns over the U.S. increasing import tariffs on steel and aluminum to 50%, which could threaten the North American automotive supply chain [7] - The new tariffs are expected to raise costs for Mexican automotive parts manufacturers, impacting delivery cycles and overall industry operations [7][8]

证券代码：601965 证券简称：中国汽研 公告编号：临 2025-029 中国汽车工程研究院股份有限公司 关于董事离任的公告 根据《公司法》及《公司章程》的有关规定，李轶涛同志的离任 不会对董事会正常运作及公司经营情况产生不利影响，不会导致公司 董事会人数低于法定最低人数，其辞职申请自送达公司董事会之日起 生效。公司将按照有关规定尽快完成董事补选工作。 李轶涛同志在任职期间勤勉尽责，恪尽职守，公司董事会谨对李 轶涛同志在任职期间对公司治理和经营发展所作出的贡献表示衷心 的感谢。 特此公告。 中国汽车工程研究院股份有限公司董事会 2025 年 5 月 27 日 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。 一、董事离任的基本情况 中国汽车工程研究院股份有限公司（以下简称"公司"）董事会 于 2025 年 5 月 26 日收到董事李轶涛同志的书面辞职报告。李轶涛同 志因工作变动，申请辞去公司董事及战略委员会委员职务，并不再担 任公司其他任何职务。 | 姓名 | 离任职务 | 离任时间 | | 原定任期 | | | 是否继续在上 ...

北京市嘉源律师事务所 关于中国汽车工程研究院股份有限公司 2024年年度股东大会的 法律意见书 号所 西城区复兴门内大街158号远洋大厦4楼 中国 ·北京 源管师事务所 UAN LAW OFFICES 北京 BEIJING·上海 SHANGHAI·深圳 SHENZHEN·香港 HONG KONG·广州 GUANGZHOU·西安 XI'AN 致:中国汽车工程研究院股份有限公司 北京市嘉源律师事务所 关于中国汽车工程研究院股份有限公司 2024年年度股东大会的法律意见书 嘉源(2025)-04-319 北京市嘉源律师事务所(以下简称"本所")接受中国汽车工程研究院股份有 限公司(以下简称"公司")的委托,根据《中华人民共和国公司法》(以下简称 "《公司法》") 《上市公司股东会规则》 (以下简称"《股东会规则》") 等现行 有效的法律、行政法规、部门规章、规范性文件(以下简称"法律法规")以及《中 国汽车工程研究院股份有限公司章程》(以下简称"《公司章程》")的有关规定, 指派本所律师对公司2024年年度股东大会 (以下简称"本次股东大会")进行见证, 并依法出具本法律意见书。 为出具本法律意见书,本所指派律师现 ...

证券代码：601965 证券简称：中国汽研 公告编号：临2025-028 中国汽车工程研究院股份有限公司 2024年年度股东大会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 5 月 16 日 (二)股东大会召开的地点：重庆市北部新区金渝大道 9 号中国汽研 405 会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 251 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 646,282,116 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 64.4165 | (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次股东大会由公司董事会召集，董事长周玉林先生主持。会议采用现场投 票和网络投票相结合的表决方式。会议的召集和召开程序、出席 ...

Group 1 - The East China headquarters project of China Automotive Research is in the final acceptance stage, with a 90% equipment procurement rate and 50% of the equipment already delivered for installation and debugging, expected to be fully completed and put into trial operation by the end of 2025 [2] - The project includes four major R&D centers focused on new energy vehicle testing, intelligent connected vehicle testing, electronic communication and software testing, and specialized parts and materials testing, enhancing the company's capabilities in intelligent, connected, electric, and low-carbon services [2] - The project aims to provide localized one-stop services for enterprises in East China, including standard formulation, common technology research, and third-party testing R&D services, becoming a public service platform for the development of the intelligent connected new energy vehicle industry in the region [2] Group 2 - The Southern (Shaoguan) Intelligent Connected New Energy Vehicle Testing Center, co-invested by China Automotive Research and China Quality Certification Center, is currently under construction, with an overall completion rate of 80%, expected to be completed and put into trial operation by the end of 2025 [2] - The Hydrogen Energy Quality Inspection and Testing Center has officially commenced operations in January 2024, running smoothly, and includes multiple laboratories for hydrogen vehicles, fuel cells, and powertrains [3] - The Hydrogen National Testing Center has established a testing system covering hydrogen vehicles, systems, and components, providing detection services for hydrogen fuel cell vehicles, key components, and hydrogen quality, encompassing the entire hydrogen energy industry chain [3]

Summary of Key Points Core Viewpoint - The company, China Automotive Engineering Research Institute Co., Ltd. (China Automotive Research), is actively engaging with investors to enhance understanding of its operational strategies and future plans, particularly in the context of the evolving automotive industry towards electrification, intelligence, connectivity, and low-carbon initiatives [1][2]. Group 1: Investor Communication and Engagement - The company held an investor communication meeting on May 9, 2025, in Chongqing to discuss its operational status and strategic execution for 2024 and the first quarter of 2025 [1]. - Various securities firms and investment management companies participated in the meeting, indicating a broad interest from the investment community [1]. Group 2: Industry Trends and Company Positioning - The automotive industry is undergoing significant changes due to the "new four modernizations" (electrification, intelligence, connectivity, and low-carbon), prompting testing institutions to shift from traditional compliance testing to new technology research and testing [2]. - China Automotive Research has a long history and is one of the earliest institutions to obtain regulatory testing qualifications, accumulating extensive experience in testing services and product development [3]. Group 3: Service Capabilities and Market Strategy - The company is enhancing its service capabilities by focusing on three main technical lines: safety, green technology, and user experience, while increasing R&D investment [3]. - It has established a comprehensive service capability that includes development, testing, certification, evaluation, and after-sales services, effectively addressing pain points in product development for automotive enterprises [3]. Group 4: Environmental and Health Initiatives - The company has launched the China Automotive Health Index and services in the "dual carbon" field, focusing on carbon emission accounting and green low-carbon assessments [4]. - The company is actively involved in setting new emission standards and expanding its capabilities in environmental testing, despite a slight decline in the overall market for automotive emission testing due to the rise of electric vehicles [4]. Group 5: Infrastructure Development and Internationalization - The construction of the East China headquarters is nearing completion, with 90% of equipment procurement achieved, expected to be operational by the end of 2025 [5]. - The company is focusing on internationalization, aiming to provide comprehensive quality technical services to support Chinese automotive enterprises in their global operations [5][6]. Group 6: Hydrogen Energy Initiatives - The National Hydrogen Energy Power Quality Inspection and Testing Center commenced operations in January 2024, providing testing services across the hydrogen energy industry chain [6][7]. - The company is developing hydrogen-related detection equipment and core components, with plans to expand into various hydrogen energy applications, including hydrogen power generation and storage [7].

为构建和谐高效的投资者沟通交流平台，增进投资者对中国汽车工程研究院 股份有限公司（以下简称"公司"或"中国汽研"）2024 年年度及 2025 年第一 季度生产经营、战略执行等情况的了解，公司于 2025 年 5 月 9 日在重庆举办了 投资者沟通交流会。现将有关情况公告如下： 一、调研情况 关于接待投资者调研情况的公告 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。 调研时间：2025 年 5 月 9 日 调研方式：现场交流 调研机构名称（排名不分先后）： 证券代码：601965 证券简称：中国汽研 公告编号：临 2025-027 中国汽车工程研究院股份有限公司 二、交流的主要问题及公司回复概要 1、车企在选择检测机构时主要考虑哪些因素？公司有什么特点和优势？ 回复：车企在选择检测机构时，主要考虑机构的资质能力、资源平台、行业 影响力、合作基础、历史合作关系、科研能力、属地化服务能力、产品价格、服 务水平等综合因素。在汽车"新四化"趋势下，汽车产业产品技术、商业模式、 市场格局等都在发生变化，检测机构也在加速技术转型，由传统 ...

Investment Rating - The report maintains a "Buy" rating for the company, expecting a relative increase in stock price of over 20% compared to the benchmark index within six months [9][15]. Core Insights - The company reported a revenue of 46.97 billion yuan and a net profit attributable to shareholders of 9.08 billion yuan for 2024, reflecting year-on-year growth of 14.7% and 8.65% respectively. For Q1 2025, revenue was 8.87 billion yuan, with a net profit of 1.78 billion yuan, showing a year-on-year increase of 0.6% and 6.3% respectively [5][6]. - The automotive technology service segment continues to grow rapidly, with revenues of 41.25 billion yuan in 2024 and 7.94 billion yuan in Q1 2025, representing year-on-year growth of 21.4% and 11.5% respectively. This growth is driven by the large-scale implementation of intelligent connected vehicle technologies and strengthened industry regulations [6]. - The company has successfully integrated its certification and inspection services, with significant revenue growth from related party transactions, indicating potential for further expansion in this area [8]. Summary by Sections Company Overview - Latest closing price: 19.12 yuan - Total market capitalization: 192 billion yuan - Earnings per share (EPS) for 2025 is projected at 1.08 yuan, with a price-to-earnings (P/E) ratio of 17.8 [4][9]. Financial Performance - For 2024, the company achieved a gross margin of 44.5%, an increase of 1.7 percentage points year-on-year, primarily due to a higher proportion of automotive service business [7]. - The total expense ratio decreased to 18.3%, down 1.0 percentage points year-on-year, reflecting improved operational efficiency [7]. Future Projections - Revenue forecasts for 2025-2027 are 55.07 billion yuan, 65.16 billion yuan, and 77.63 billion yuan respectively, with net profits projected at 10.79 billion yuan, 12.86 billion yuan, and 15.26 billion yuan [9][11]. - The company is expected to benefit from synergies with its controlling shareholder, enhancing its market share in the vehicle certification and inspection sector [8].