福龙马集团股份有限公司（以下简称"公司"）2025年 5月预中标了天津市、山东省等地的环卫服务项目。公司以 临时公告形式对本月主要中标的环卫服务情况进行自愿性 信息披露，具体内容如下： 证券代码：603686 证券简称：福龙马 公告编号：2025-031 福龙马集团股份有限公司 关于2025年5月环卫服务项目中标的提示性公告 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 担个别及连带责任。 福龙马集团股份有限公司董事会 2025 年 6 月 3 日 一、项目中标对公司的影响 公司本月预中标的环卫服务项目数2个，合计首年服务 费金额为928.90万元（占公司2024年度经审计营业收入的 0.18%），合同总金额为2,747.31万元。截至本公告披露日， 公司本年度环卫服务项目中标数20个，合计首年年度金额为 32,540.34万元，合同总金额为95,122.16万元，这将对公司 2025年及以后的经营业绩产生积极影响。 截至本公告披露日，公司在履行的环卫服务项目年化合 同金额41.10亿元，累计合同总金额339.68亿元（含项目顺 延服务 ...

一、对外投资事项一 福龙马环境科技（上海）有限责任公司于近期完成工商 注册登记手续，取得奉贤区市场监督管理局颁发的《营业执 照》，相关登记信息如下： 名称：福龙马环境科技（上海）有限责任公司 证券代码：603686 证券简称：福龙马 公告编号：2025-030 福龙马集团股份有限公司 2025 年度对外投资事项进展公告（五） 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 担个别及连带责任。 福龙马集团股份有限公司（以下简称"公司"）根据业 务开展的实际情况和《公司章程》规定，经公司总裁办公会 审议通过，同意在上海市、江西省、浙江省等地设立子公司。 上述投资事项于近期完成相应的工商登记手续，相关事项进 展情况如下： 统一社会信用代码：91310120MAEK2HFU92 类型：有限责任公司（自然人投资或控股的法人独资） 住所：上海市奉贤区大叶公路8188号8幢 法定代表人：洪永海 注册资本：500万元人民币 成立时间：2025年5月16日 经营范围：一般项目：技术服务、技术开发、技术咨询、 技术交流、技术转让、技术推广；环境保护专用设备销 ...

福龙马5月30日交易公开信息 | 买/ | 会员营业部名称 | 买入金额（万 | 卖出金额（万 | | --- | --- | --- | --- | | 卖 | | 元） | 元） | | 买一 | 国联民生证券股份有限公司北京分公司 | 6645.56 | | | 买二 | 国泰海通证券股份有限公司成都北一环路证券营业部 | 4967.90 | | | 买三 | 中信证券股份有限公司浙江分公司 | 4802.50 | | | 买四 | 华泰证券股份有限公司镇江黄山南路证券营业部 | 4319.43 | | | 买五 | 国泰海通证券股份有限公司总部 | 2901.97 | | | 卖一 | 高盛(中国)证券有限责任公司上海浦东新区世纪大道证券 | | 6981.99 | | | 营业部 | | | | 卖二 | 国盛证券有限责任公司宁波桑田路证券营业部 | | 6795.64 | | 卖三 | 国泰海通证券股份有限公司成都北一环路证券营业部 | | 5480.96 | | 卖四 | 华泰证券股份有限公司马鞍山湖东中路证券营业部 | | 5319.09 | 卖五 国泰海通证券股份有限公司总部 5201.14 ...

Group 1: Market Performance - Major indices experienced a strong rebound, with the Shanghai Composite Index rising by 0.7%, Shenzhen Component Index by 1.24%, and ChiNext Index by 1.37% [2] - Over 4,200 stocks in the two markets saw gains, with a total trading volume of approximately 1.19 trillion yuan [2] Group 2: Digital Currency and Software Sector - The digital currency and software sectors led the market rally, with notable stocks like Lakala (300773.SZ) and Sifang Jingchuang (300468.SZ) hitting the daily limit with a 20% surge [2] - New Guodu (300130.SZ) rose over 14%, while Feitian Chengxin (300386.SZ) and Shenzhou Information (000555.SZ) also saw significant increases of 12.84% and 10%, respectively [2] Group 3: Autonomous Driving and Intelligent Connected Vehicles - Stocks related to autonomous driving and intelligent connected vehicles surged, with companies like Fulongma (603686.SH) and Jintour Environment (001230.SZ) hitting the daily limit [3] - A strategic cooperation agreement was signed between Xiaoma Zhixing and Guangzhou Public Transport Group, focusing on autonomous vehicle services [3] Group 4: Innovative Pharmaceuticals - The innovative pharmaceutical sector remains active, with companies like Sanofi Guojian (688336.SH) rising over 12% [4][3] - The sector is supported by policy backing, global competitiveness, and improving fundamentals, with a focus on "innovation + internationalization" [4] Group 5: Automotive Sector - The automotive sector showed strong performance, with Jinlong Automobile (600686.SH) and Dongfeng Co. (600006.SH) both increasing by 10% [5] - The launch of new models by XPeng and supportive government policies in Fujian province are contributing factors to the sector's growth [5] Group 6: Weak Sectors - The precious metals and food processing sectors experienced declines, with companies like Western Gold (601069.SH) and Laiyifen (603777.SH) seeing significant drops [5]

Summary of the Conference Call for 福龙马 Company Overview - 福龙马 reported a revenue of 5.04 billion yuan and a net profit of 145 million yuan for 2024 [2][3] - The environmental services segment generated 3.824 billion yuan, while the smart equipment segment, affected by fiscal constraints, generated 1.078 billion yuan [2][3] - The total amount of contracts on hand is 34.73 billion yuan, with 19.586 billion yuan pending execution, providing support for future performance [2][3] Key Insights and Arguments - 福龙马 has been developing unmanned sanitation vehicles since 2018, currently promoting L4 level SD15 and L2 level SD22 models [2][3] - In 2024, the sales of unmanned sanitation vehicles reached 54 units, with total revenue from new energy sanitation equipment at 360 million yuan, ranking third in the industry [2][4] - The price range for unmanned sanitation vehicles is between 300,000 to 600,000 yuan, which is higher than traditional sanitation vehicles, but prices are expected to decrease as component costs decline [2][6] - The average gross margin for unmanned sanitation vehicles is between 20% to 23%, which is higher than traditional sanitation vehicles, but the overall segment has not yet achieved profitability [2][7] - A single unmanned sanitation vehicle can replace approximately 3 workers, which is lower than the ideal estimate of 6 workers due to various operational conditions [2][8] Market Dynamics - The market for unmanned sanitation vehicles is currently estimated at around 3,000 units, with 福龙马 holding a market share of approximately 3% [2][16] - The overall sanitation equipment market is about 70,000 units, with the proportion of new energy vehicles increasing from 2-3% in 2024 to 13.66% [2][16] - The company expects significant sales growth in 2025, driven by positive market feedback and government plans to deploy thousands of unmanned sanitation vehicles [2][10] Challenges and Opportunities - The unmanned sanitation vehicle market faces challenges such as policy implementation, technology matching, and market education [2][18] - The future market may be dominated by government and sanitation service enterprises, with a focus on bundled service offerings [2][20] - The current business model involves a one-time fee for hardware and software, along with operational maintenance services, but the company aims to separate these in the future [2][21] Competitive Landscape - The competition in the unmanned sanitation equipment industry is relatively limited, with fewer than 100 key players compared to over 300 in the traditional electric vehicle sector [2][23] - 福龙马 participated in a competition in Shenzhen, securing second place among approximately 30 participating companies [2][24] Future Developments - 福龙马 is exploring overseas business opportunities, primarily focusing on traditional electric sanitation equipment exports, but has not yet secured any international operating licenses [2][29] - The company is collaborating with Huawei on autonomous driving technology, particularly in domain controllers, but has not yet formalized the agreement [2][30] Conclusion 福龙马 is positioned in a growing market for unmanned sanitation vehicles, with a solid revenue base and a focus on innovation. However, it faces challenges related to market acceptance, policy frameworks, and competition. The company is optimistic about future growth, particularly in 2025, as it continues to develop its product offerings and expand its market presence.

Group 1 - The food and beverage sector experienced a midday rally, with new consumption stocks, particularly in beauty care and beverages, leading the gains. Water Sheep Co. surged to a 20% limit up, while other stocks like Happy Home, New Dairy, Junyao Health, and Zhou Dazheng also hit limit up previously. Stocks such as Liziyuan, Dongpeng Beverage, Yong'an Pharmaceutical, Qingsong Co., and Mingpai Jewelry rose over 5% [3] - BYD's stock in Hong Kong saw a decline of over 3% at one point, with trading volume exceeding 2.8 billion HKD. In the A-share market, BYD's decline expanded to 2%, with trading volume surpassing 4.6 billion CNY [4] Group 2 - The concept of autonomous sanitation vehicles gained traction in the A-share market, attracting market attention. Several companies are involved in this field [5] - Qidi Environment reported that autonomous sanitation vehicles have achieved demonstration operations in key projects. Yutong Heavy Industry indicated that the revenue from autonomous products will be low in 2024, and the market for such products is still in the exploratory phase, influenced by market demand and policy changes [6] - Fulongma launched the world's first autonomous intelligent cleaning robot based on a skateboard chassis, which has been implemented in over 30 cities across 15 provinces in China. Yingfeng Environment offers a variety of robotic equipment, including autonomous cleaning robots and solar cleaning robots, with operations already established in cities like Shenzhen, Changsha, and Suzhou [6]

Group 1 - The energy-saving and environmental protection sector experienced a significant rally, with Boschke reaching a 20% limit up, and other companies like Qidi Environment, Fulongma, and Qiaoyin shares also hitting the limit up [1] - Other companies in the sector, such as Baolijie and Wanbangda, showed positive performance with notable increases [1][2] Group 2 - The Ministry of Ecology and Environment held a press conference on May 27, announcing plans to focus on the construction of a beautiful China and upgrade the ecological environment standard system [3] - The Ministry aims to accelerate the upgrade of ecological environment quality standards and pollutant discharge standards, and strengthen support for local standards [3] - Xinda Securities highlighted that during the 14th Five-Year Plan, there are increasing requirements for environmental quality and industrial green low-carbon development, suggesting that the energy-saving and environmental protection sector will maintain high prosperity [3]

Core Viewpoint - The concept of unmanned logistics and sanitation vehicles is experiencing a resurgence, leading to significant stock price increases for several companies in this sector [1] Group 1: Market Activity - The unmanned logistics vehicle concept has been active, driving a surge in the unmanned sanitation vehicle sector [1] - Companies such as Yunnei Power, Tongda Electric, Jintui Environment, Fulongma, and Debon Logistics have reached their daily price limit [1] - Other companies like Dadi Electric, Yuhua Tian, Kejie Intelligent, and Tongxingbao have seen stock price increases of over 10% [1] Group 2: Financing and Growth - Several autonomous driving companies focused on logistics have completed financing this year, indicating strong investor interest [1] - Baixiniu received a joint investment of 200 million yuan from SF Express, planning to deploy 2,000 unmanned vehicles across 50 cities [1] - Jiusi Intelligent has raised over 430 million USD, with plans to deliver more than 3,000 vehicles next year [1]

Group 1 - The solid waste management sector has seen a short-term surge, with companies such as Fulongma (603686), Qiaoyin Co., Ltd. (002973), and Jinlv Environment (001230) hitting the daily limit up [1] - Yuhua Tian (300815) and Xin'an Clean (300815) have increased by over 10%, indicating strong market interest [1] - Other companies like Jinyuan Co., Ltd. (000546), Shengyuan Environmental Protection (300867), Wangneng Environment (002034), Zhonglan Environmental Protection (300854), and Dongjiang Environmental Protection (002672) have also experienced upward movement [1]

Group 1 - The A-share solid waste management sector experienced a short-term surge, with Fulongma hitting the daily limit, indicating strong investor interest [1] - Jinjun Environment previously reached the daily limit, showcasing significant market activity in the sector [1] - Yuhua Tian saw an increase of over 10%, reflecting positive sentiment towards companies in the solid waste management industry [1] Group 2 - Other companies such as Shanggao Environmental, Xin'an Clean, Tongyuan Environment, Jinyuan Shares, and Huaxin Environmental also experienced gains, indicating a broader trend in the sector [1]