2月25日，隆鑫通用跌3.93%，成交额4.58亿元。两融数据显示，当日隆鑫通用获融资买入额5157.47万 元，融资偿还2550.77万元，融资净买入2606.71万元。截至2月25日，隆鑫通用融资融券余额合计2.65亿 元。 融资方面，隆鑫通用当日融资买入5157.47万元。当前融资余额2.62亿元，占流通市值的0.80%，融资余 额低于近一年30%分位水平，处于低位。 融券方面，隆鑫通用2月25日融券偿还1.30万股，融券卖出2.44万股，按当日收盘价计算，卖出金额 38.80万元；融券余量17.28万股，融券余额274.75万元，超过近一年60%分位水平，处于较高位。 资料显示，隆鑫通用动力股份有限公司位于重庆市南岸区大石二支路隆鑫工业园隆鑫通用A区，成立日 期2007年6月8日，上市日期2012年8月10日，公司主营业务涉及摩托车及发动机和通用机械等业务。主 营业务收入构成为：摩托车及发动机74.58%，通用机械产品22.41%，高端零部件1.26%，大型商用发电 机组1.03%，其他0.72%。 截至9月30日，隆鑫通用股东户数3.54万，较上期增加18.78%；人均流通股58032股，较上期减少 ...

为此，2026年2月13日，宗申动力发布公告称，拟与隆鑫通用进行相关资产置换，本次交易预计构成重 大资产重组。 据了解，宗申动力拟置入的资产为隆鑫通用持有的通用机械业务相关资产与负债（以重庆新隆鑫机电有 限公司股权为核心），而隆鑫通用拟置入的资产为宗申动力持有的摩托车发动机业务相关资产与负债 （以重庆宗申发动机制造有限公司股权为核心），两者拟置入资产与拟置出资产的交易作价差额由一方 向另一方以现金方式补足，本次交易不涉及发行股份。 交易完成后，隆鑫通用将集中资源发展摩托车整车及摩托车发动机业务，聚焦核心动力技术研发与全球 渠道布局，构建更具深度和广度的摩托车动力总成能力，实现发动机与整车的高效协同，持续优化产品 结构、提升产品附加值，致力于成为全球领先的两轮交通工具企业。宗申动力将集中资源发展通用机械 等具有技术优势和市场前景的核心业务，进一步强化主营业务布局。 入主隆鑫通用（603766）（603766.SH）后，宗申动力（001696）（001696.SZ）创始人左宗申开始着手 解决两企业同业竞争问题。 日前，宗申动力发布公告称，筹划重大资产置换事项，公司拟与隆鑫通用进行相关资产置换。此次交易 旨在解决两 ...

一、复牌 1、永太科技：终止向宁德时代购买永太高新25%股权，股票复牌。 2、润泽科技：拟以发行可转债方式购买广东润惠42.56%股权，进一步整合IDC及AIDC业务资源，股票 复牌。 二、定增、重组 1、宗申动力：拟将摩托车发动机业务与隆鑫通用的通用机械业务进行置换，预计构成重大资产重组。 2、南京化纤：拟通过资产置换、发行股份及支付现金方式购买南京工艺100%股份。 3、西南证券：拟定增募资不超60亿元。 三、股权转让、回购 1、禾迈股份：海南信荷拟协议转让5.99%。 2、立讯精密：首次回购公司股份990万股，成交总金额近5亿元。 四、对外投资、日常经营 2、胜宏科技：目前已享有SPMY100%股权的权益，标的公司将成为公司在马来西亚的FPC/PCB生产基 地。 3、华大智造：拟5000万美元出售Complete Genomics公司100%股权并调整CoolMPS测序技术授权许可。 4、奥联电子：控股股东瑞盈资产与潮成创新终止控制权转让。 5、前沿生物：与葛兰素史克签署授权许可协议 公司将获得4000万美元首付款及1300万美元近期里程碑 付款。 6、百利天恒：iza-bren（EGFR×HER3 双 ...

根据中国汽车工业(摩托车)产销快讯数据显示：2025年12月重庆隆鑫机车有限公司摩托车产量为117401 辆，同比下降31.63%，销量为142389辆，同比下降9.67%，产销率为121.28%，清仓24988辆；2025年1- 12月重庆隆鑫机车有限公司摩托车产量为1620837辆，产量累计同比下滑11.26%，2025年1-12月重庆隆 鑫机车有限公司销量为1645168辆，销量累计同比下滑8.74%。 近一年重庆隆鑫机车有限公司摩托车产销情况统计图 数据来源：中国汽车工业(摩托车)产销快讯，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 上市公司：钱江摩托（000913），信隆健康（002105），征和工业（003033），久祺股份（300994）， 林海股份（600099），上海凤凰（600679），中路股份（600818），力帆科技（601777），春风动力 （603129），爱 ...

Core Viewpoint - Longxin General Power Co., Ltd. plans to conduct an asset swap with Chongqing Zongshen Power Machinery Co., Ltd. to address the issue of competition in the motorcycle and general machinery sectors, aiming for business focus and specialization [2][3] Group 1: Asset Swap Details - Longxin General intends to exchange its general machinery-related assets and liabilities, primarily the equity of Chongqing Xinlongxin Electromechanical Co., Ltd., for Zongshen Power's motorcycle engine-related assets and liabilities, mainly the equity of Chongqing Zongshen Engine Manufacturing Co., Ltd. [2] - The difference in the valuation of the swapped assets will be compensated in cash by one party to the other, and the transaction will not involve issuing shares or changing the controlling shareholder [2] Group 2: Background and Strategic Focus - The asset swap is motivated by a change in the actual controller of Longxin General, which will occur in December 2024, leading to indirect control by Zongshen Industrial Group Co., Ltd. This has resulted in competition in related business areas with subsidiaries controlled by Zongshen Group, including Zongshen Power [2] - Post-transaction, Longxin General will focus its resources on developing motorcycle complete vehicles and motorcycle engine businesses, emphasizing core power technology research and global channel layout to enhance its motorcycle powertrain capabilities [3]

Financial Data - As of the end of January, the social financing scale increased by 8.2% year-on-year, and the broad money supply (M2) grew by 9.0%, significantly higher than the nominal GDP growth rate, creating a favorable monetary environment for economic recovery [3]. Stock Market Adjustments - The Hang Seng Index will increase its constituent stocks from 88 to 90, with the inclusion of CATL, Luoyang Molybdenum, and Laopu Gold, while Zhongsheng Holdings will be removed. These changes will take effect after the market closes on March 6 and will be implemented on March 9 [3]. Regulatory Actions - The China Securities Regulatory Commission (CSRC) announced administrative penalties and market bans against Tianfeng Securities for alleged violations related to financing and information disclosure for Wuhan Contemporary Technology Industry Group [3]. Company News - Southwest Securities plans to issue A-shares to specific investors, raising up to 6 billion yuan to supplement its capital for various business operations [7]. - SAIC Group's subsidiary, SAIC Jin控, will establish a private equity fund with an initial subscription of 2.5 billion yuan, focusing on solid-state batteries and other advanced technologies [8]. - KOTAI Power has decided to terminate its H-share issuance preparations, stating that this decision will not significantly impact its operations [8]. - YG Chip received a notice from the CSRC regarding an investigation for suspected information disclosure violations, while its business activities continue normally [8]. - Meituan expects a loss of 23.3 billion to 24.3 billion yuan for the fiscal year 2025, primarily due to a shift from a profit of approximately 52.4 billion yuan in 2024 to an operational loss in 2025, alongside increased investments in overseas operations [9]. - Zongshen Power plans to swap motorcycle engine-related assets with Longxin General's assets to resolve competition issues and promote clearer business development [9]. Industry Insights - Huatai Securities believes that the advancement of a unified national electricity market will benefit the new power system construction from multiple dimensions, focusing on the accelerated development of energy storage, continuous construction of the main grid, and structural growth in renewable energy demand [11].

Core Viewpoint - Longxin General Power Co., Ltd. plans to swap assets related to its general machinery business with Chongqing Zongshen Power Machinery Co., Ltd.'s motorcycle engine business to resolve competition issues and focus on specialized development [2][4]. Group 1: Transaction Overview - The transaction involves the exchange of assets, with Longxin General proposing to swap its general machinery assets, primarily the equity of Chongqing Xinlongxin Electromechanical Co., Ltd., for Zongshen Power's motorcycle engine assets, primarily the equity of Chongqing Zongshen Engine Manufacturing Co., Ltd. [2][4]. - The transaction will be based on an assessment report from a qualified evaluation agency as per the Securities Law of the People's Republic of China, and the price will be determined through negotiation [2][4][5]. - This transaction is classified as a related party transaction due to the control relationship between Longxin General and Zongshen Power, which is controlled by Zuo Zongshen, the actual controller of Longxin General [2][5]. Group 2: Asset Details - The assets to be acquired include those of Chongqing Zongshen Engine Manufacturing Co., Ltd., which has a registered capital of 743.71 million yuan and specializes in manufacturing motorcycle engines and related components [6]. - The assets to be divested are those of Chongqing Xinlongxin Electromechanical Co., Ltd., which has a registered capital of 10 million yuan and focuses on general machinery and power generation equipment [7]. Group 3: Impact on the Company - The transaction aims to eliminate competition between Longxin General and Zongshen Power, allowing the company to concentrate resources on motorcycle and engine businesses, enhancing core power technology development and global channel layout [8]. - Post-transaction, the company intends to optimize product structure and increase product value, aspiring to become a leading global enterprise in two-wheeled transportation [8].

Core Viewpoint - Chongqing Zongshen Power Machinery Co., Ltd. is planning a significant asset swap with Longxin General Power Co., Ltd. to address competition issues and enhance business focus and specialization [2][4][12]. Group 1: Transaction Overview - The company intends to exchange its motorcycle engine-related assets and liabilities, primarily the equity of Chongqing Zongshen Engine Manufacturing Co., Ltd., with Longxin General's general machinery-related assets and liabilities, primarily the equity of Chongqing Xinlongxin Electromechanical Co., Ltd. [2][4] - The transaction will involve cash compensation for the difference in asset values, and the specific asset scope will be determined after due diligence, auditing, and evaluation [2][4][5]. - This transaction is classified as a related party transaction and is expected to constitute a major asset restructuring as per regulations [2][5]. Group 2: Impact on the Company - The transaction aims to resolve the existing competition between Zongshen Power and Longxin General, promoting clearer and more specialized business development [12]. - Post-transaction, Zongshen Power will focus resources on developing core businesses in general machinery with technological advantages and market potential, optimizing asset and resource allocation [12]. - The transaction will not involve issuing shares and will not change the company's controlling shareholder or actual controller, thus maintaining the current equity structure [13].

Core Viewpoint - The transaction between Zongshen Power (宗申动力) and Longxin General (隆鑫通用) aims to resolve the issue of industry competition between the two companies by swapping their respective assets related to motorcycle engines and general machinery, thereby promoting clearer and more specialized business development for both parties [2][4]. Group 1: Transaction Details - Zongshen Power plans to exchange its motorcycle engine business assets and liabilities, primarily the equity of Chongqing Zongshen Engine Manufacturing Co., Ltd., with Longxin General's general machinery business assets and liabilities, primarily the equity of Chongqing Xinlongxin Electromechanical Co., Ltd. [2] - The transaction will involve a cash adjustment to account for the difference in asset values exchanged [2]. - This transaction is classified as a related party transaction due to both companies being indirectly controlled by the same individual, Zuo Zongshen [4]. Group 2: Strategic Objectives - The transaction is intended to eliminate the existing competition between Zongshen Power and Longxin General, allowing Zongshen Power to focus on developing its core business in general machinery, which has technological advantages and market potential [4]. - Longxin General aims to concentrate its resources on motorcycle complete vehicles and engine businesses, enhancing its core power technology research and global channel development [4]. Group 3: Financial Projections - For 2025, Zongshen Power expects to achieve a net profit attributable to shareholders of between 646 million and 738 million yuan, representing a year-on-year growth of 40% to 60% [5]. - Longxin General anticipates a net profit attributable to shareholders of between 1.65 billion and 1.8 billion yuan for 2025, with a year-on-year growth of 47.15% to 60.53% [5]. Group 4: Current Market Reaction - As of February 13, the stock price of Zongshen Power decreased by 1.03%, while Longxin General's stock price fell by 1.52% [6].

不停牌。 宗申动力（001696）2月13日晚间公告，公司拟将其持有的摩托车发动机业务相关资产与负债（以重庆 宗申发动机制造有限公司股权为核心）与隆鑫通用动力股份有限公司（简称"隆鑫通用"，证券代码： 603766）持有的通用机械业务相关资产与负债（以重庆新隆鑫机电有限公司股权为核心）进行置换，置 换资产交易作价的差额将由一方向另一方以现金方式补足（简称"本次交易"）。本次交易公司股票不停 牌。 END 点击关键字可查看 潜望系列深度报道丨 股事会专栏 丨 投资小红书 丨 e公司调查 丨 时报会客厅 丨 十大明星私募访谈 丨 宁德时代被纳入！港股，重大调整！ 丨 688209在互动平台"自问自答"，被证监会立案调查 丨 002969突发！深交所暂停部分投资者交易 丨 天风证券，被证监会立案！ 丨 600893尾盘涨停！军 工股拉升 丨 实探丨深圳出手规范黄金市场，水贝商家：只接"现货" 丨 存储芯片，逆市大涨！ 丨 深 圳出手！不得违规开展黄金预定价交易！ 丨 美股、黄金、白银，集体大跌！ 根据初步研究和测算，本次交易预计将构成《上市公司重大资产重组管理办法》规定的重大资产重组。 本次交易所涉资产的具体范围将 ...