中国汽车工程研究院股份有限公司监事会 中国汽车工程研究院股份有限公司（以下简称"公司"）第五届监事会第十 七次会议于 2025 年 8 月 25 日在重庆以现场加通讯表决方式召开。会议通知于 2025 年 8 月 15 日以电子邮件方式送达公司监事。会议由监事会主席游丹主持， 监事应到 5 人，实到 5 人。会议符合《公司法》和《公司章程》的规定，会议程 序及表决结果合法有效。会议形成决议如下： 一、会议以 5 票赞成，0 票弃权，0 票反对，审议通过了关于《中国汽研 2025 年半年度报告》及其摘要的议案； 监事会对本议案发表如下意见：（1）公司 2025 年半年度报告编制和审议程 序符合法律、法规、《公司章程》和公司内部管理制度的各项规定；（2）半年 度报告的内容和格式符合中国证监会和上海证券交易所的各项规定，未发现其中 所包含的信息与公司当期的经营管理和财务状况等事项不符的情况；（3）在提 出本意见前，未发现参与半年度报告编制和审议的人员有违反保密规定的行为。 二、基于谨慎性原则，全体监事依法对《关于审议监事 2024 年度薪酬方案 的议案》回避表决，直接将该议案提交股东大会审议。 特此公告。 证券代码 ...

中国汽车工程研究院股份有限公司（以下简称"中国汽研"或"公司"）第 五届董事会第二十三次会议于 2025 年 8 月 25 日在重庆以现场加通讯表决方式召 开。会议通知于 2025 年 8 月 15 日以电子邮件方式送达公司董事。本次会议由周 玉林董事长主持，应出席董事 8 名，实际出席董事 8 名，公司全体监事列席本次 会议。会议符合《公司法》和《公司章程》的规定，会议程序及表决结果合法有 效。会议形成决议如下： 一、以 8 票赞成、0 票弃权、0 票反对，审议通过了关于《中国汽研 2025 年半年度报告》及其摘要的议案。 该议案已经公司董事会审计委员会全体委员审议通过，并同意提交董事会审 议。 证券代码：601965 股票简称：中国汽研 编号：临2025-037 中国汽车工程研究院股份有限公司 第五届董事会第二十三次会议决议公告 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。 该议案已经公司董事会审计委员会全体委员审议通过，并同意提交董事会审 议。 具 体 内 容 详 见 同 日 披 露 于 《 上 海 证 券 报 》 和 ...

中国汽车工程研究院股份有限公司2025 年半年度报告 公司代码：601965 公司简称：中国汽研 中国汽车工程研究院股份有限公司 2025 年半年度报告 1 / 204 中国汽车工程研究院股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确 性、完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人周玉林、主管会计工作负责人黄延君及会计机构负责人（会计主管人员）陆少 萍声明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 公司本报告期不进行利润分配，公积金不转增股本。 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 九、 是否存在半数以上董事无法保证公司所 ...

Group 1 - The company's operating revenue for the first half of 2025 is 1.911 billion yuan, representing a year-on-year decrease of 6.36% [1] - The net profit for the same period is 409 million yuan, showing a year-on-year increase of 1.77% [1]

Market Overview - On August 25, the automotive service sector rose by 0.34% compared to the previous trading day, with Altec leading the gains [1] - The Shanghai Composite Index closed at 3883.56, up 1.51%, while the Shenzhen Component Index closed at 12441.07, up 2.26% [1] Stock Performance - Altec (300825) closed at 13.15, with a gain of 5.28% and a trading volume of 817,300 shares, amounting to a turnover of 1.056 billion yuan [1] - Other notable stocks include: - Transportation Co. (600676) at 5.99, up 2.22% with a volume of 252,000 shares [1] - China Automotive Research (601965) at 19.41, down 0.36% with a volume of 61,500 shares [1] - Xiamen Xinda (000701) at 6.15, down 1.13% with a volume of 334,300 shares [1] Capital Flow - The automotive service sector experienced a net outflow of 14.17 million yuan from institutional investors, while retail investors saw a net outflow of 40.38 million yuan [2] - Conversely, speculative funds recorded a net inflow of 54.55 million yuan [2] Individual Stock Capital Flow - Altec (300825) had a net outflow of 22.25 million yuan from institutional investors, while speculative funds saw a net inflow of 48.09 million yuan [3] - Xiamen Xinda (000701) faced a significant net outflow of 41.78 million yuan from institutional investors, with a net inflow of 14.54 million yuan from speculative funds [3] - Transportation Co. (600676) had a net inflow of 14.72 million yuan from institutional investors, but a net outflow of 1.12 million yuan from retail investors [3]

Group 1: Policy Changes - Hainan Province adjusts the 2025 automobile replacement subsidy policy, adding a condition that new cars must be registered in Hainan for subsidies [1] Group 2: Industry Developments - China Automotive Research will establish a national hydrogen vehicle industry measurement testing center to enhance the competitiveness of the hydrogen vehicle sector [2] - BYD announces the construction of an assembly plant in Malaysia, expected to start production in 2026 [3] - Huawei's ADS 4 and Harmony Space 5 will be pushed out in September, indicating advancements in automotive technology [4] Group 3: Financial Activities - Lotus Technology secures up to $500 million in funding commitments, including a $300 million convertible note agreement with ATW Partners and a credit framework agreement with Geely for approximately $2 billion [5] Group 4: Market Performance - SAIC MG announces that pre-sales for the new MG4 model have reached 30,000 units, with a price range of 73,800 to 105,800 yuan [6] - BAIC Arcfox reports that pre-sales for the Arcfox T1 model reached 15,000 units within 48 hours, with a price range of 68,800 to 93,800 yuan [7] - Lexus officially launches the new NX model, starting at 299,800 yuan, offering various powertrain options [8]

Core Insights - The National Market Supervision Administration of China has approved the establishment of a National Hydrogen Energy Vehicle Industry Measurement Testing Center, relying on China Automotive Research (601965) [1] - The center aims to enhance the core competitiveness of the automotive industry and strengthen the technical support and guarantee role of measurement for the hydrogen energy vehicle industry [1] - China Automotive Research will continuously develop measurement testing capabilities in response to the needs of the hydrogen energy vehicle industry [1]

Core Viewpoint - The establishment of a national hydrogen vehicle industry measurement and testing center aims to enhance the core competitiveness of the automotive industry and strengthen the technical support and guarantee role of measurement for the hydrogen vehicle industry [1] Group 1: Industry Development - The approval for the testing center is granted by the State Administration for Market Regulation, indicating a governmental push towards the hydrogen vehicle sector [1] - The hydrogen vehicle industry in China currently faces several bottlenecks, including a lack of key measurement testing technologies and insufficient on-site online measurement calibration capabilities [1] - There is a noted delay in the research and development of domestically produced testing equipment specifically for the hydrogen vehicle industry [1] Group 2: Future Initiatives - China Automotive Research Institute will focus on building measurement testing capabilities in response to the development needs of the hydrogen vehicle industry [1]

Market Overview - On August 22, the automotive service sector rose by 0.54% compared to the previous trading day, with Altec leading the gains [1] - The Shanghai Composite Index closed at 3825.76, up 1.45%, while the Shenzhen Component Index closed at 12166.06, up 2.07% [1] Stock Performance - Altec (300825) closed at 12.49, with a gain of 4.69% and a trading volume of 569,300 shares, amounting to a transaction value of 706 million yuan [1] - Other notable stocks included: - Shunping Holdings (600653) at 2.04, up 0.49% [1] - China Automotive Research (601965) at 19.48, up 0.41% [1] - Shanghai Material Trade (600822) at 12.57, down 0.24% [1] Capital Flow - The automotive service sector saw a net inflow of 3.9763 million yuan from institutional investors, while retail investors experienced a net outflow of 6.3145 million yuan [2] - The overall capital flow indicates a mixed sentiment among different investor types, with institutional investors showing confidence while retail investors withdrew funds [2] Individual Stock Capital Flow - Altec (300825) had a net inflow of 64.0937 million yuan from institutional investors, but a net outflow of 75.7938 million yuan from retail investors [3] - Other stocks with significant capital flow included: - Xiamen Xinda (000701) with a net outflow of 29.0195 million yuan from institutional investors [3] - North Media (600386) with a net outflow of 6.2772 million yuan from institutional investors [3]

Core Insights - The establishment of a national hydrogen vehicle industry measurement testing center in Chongqing aims to enhance the core competitiveness of the hydrogen vehicle industry [1] - Hydrogen is recognized as a rich, green, low-carbon, and widely applicable secondary energy source, with China actively developing its hydrogen vehicle industry and establishing hydrogen vehicle industrial parks in various regions [1] Industry Challenges - The hydrogen vehicle industry in China faces several challenges, including a lack of key measurement technologies, significant issues with on-site online measurement calibration, and insufficient research and development of domestically produced testing equipment [1]