603766 隆鑫通用动力股份有限公司章程 隆鑫通用动力股份有限公司 章程 （2025 年 9 月修订） 1 603766 隆鑫通用动力股份有限公司章程 目录 第四章 股东和股东会 第五章 董事会 第六章 高级管理人员 第八章 通知和公告 第九章 合并、分立、增资、减资、解散和清算 2 第一章 总则 第二章 经营宗旨和范围 第三章 股份 第一节 股份发行 第二节 股份增减和回购 第三节 股份转让 第七章 财务会计制度、利润分配和审计 第一节 财务会计制度 第二节 内部审计 第三节 会计师事务所的聘任 第一节 通知 第二节 公告 第一节 合并、分立、增资和减资 第二节 解散和清算 603766 隆鑫通用动力股份有限公司章程 第一节 股东的一般规定 第二节 控股股东和实际控制人 第三节 股东会的一般规定 第四节 股东会的召集 第五节 股东会的提案与通知 第六节 股东会的召开 第七节 股东会的表决和决议 第一节 董事 第二节 董事会 第三节 独立董事 第四节 董事会专门委员会 第十章 修改章程 第十一章 附则 3 603766 隆鑫通用动力股份有限公司章程 第一章 总则 1.1 为维护公司、股东、职工和债权人的合法 ...

603766 隆鑫通用动力股份有限公司独立董事工作制度 独立董事工作制度 隆鑫通用动力股份有限公司 603766 隆鑫通用动力股份有限公司独立董事工作制度 第一章 总 则 第一条 为进一步完善公司治理结构，促进公司规范运作，保障独立董事 依法独立行使职权，依据《中华人民共和国公司法》（以下简称"《公司 法》"）、中国证券监督管理委员会（以下简称"中国证监会"）《上市公司独 立董事管理办法》（以下简称"《独立董事管理办法》"）、《上海证券交易所股 票上市规则》（以下简称"《股票上市规则》"）、《上海证券交易所上市公司自 律监管指引第 1 号——规范运作》等法律、法规以及规范性文件和《隆鑫通用 动力股份有限公司章程》（以下简称"《公司章程》"），特制定本制度。 | | | （2025 年 9 月修订） 1 / 14 第二条 独立董事是指不在公司担任除董事外的其他职务，并与公司及其 主要股东、实际控制人不存在直接或者间接利害关系，或者其他可能妨碍其进 行独立客观判断关系的董事。 第三条 独立董事对公司及全体股东负有忠实和勤勉义务，应当按照相关 法律法规、《独立董事管理办法》及《公司章程》的要求，认真履行职责，在董 ...

股票代码：603766 股票简称：隆鑫通用 编码：临 2025-042 股票代码：603766 股票简称：隆鑫通用 编码：临 2025-042 隆鑫通用动力股份有限公司 关于调整公司董事会审计与风控委员会成员 及聘任公司高级管理人员的公告 本公司董事会及全体董事保证本公告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。 一、调整公司董事会审计与风控委员会成员情况 根据《中华人民共和国公司法》（以下简称"公司法"）、《关于新<公司 法>配套制度规则实施相关过渡期安排》等相关规定，隆鑫通用动力股份有限公 司（以下简称"公司"）将取消监事会，由公司董事会审计与风控委员会行使《公 司法》规定的监事会相关职权，为有效发挥审计与风控委员会相应职能，公司于 2025 年 9 月 29 日召开的第五届董事会第八次会议，会议以赞成票 9 票、反对票 0 票、弃权票 0 票的表决结果，审议通过了《关于调整审计与风控委员会成员数 及增补成员的议案》，董事会同意将审计与风控委员会成员数从三名调增至五名 （含三名独立董事）。同时，增补公司非独立董事焦一洋先生和刘昭先生为公司 第五届董 ...

股票代码：603766 股票简称：隆鑫通用 编码：临 2025-041 隆鑫通用动力股份有限公司 关于取消监事会并修订《公司章程》及部分治理制度的 公告 本公司董事会及全体董事保证本公告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。 隆鑫通用动力股份有限公司（以下简称"公司"）于 2025 年 9 月 29 日召开 的第五届董事会第八次会议，会议以赞成票 9 票、反对票 0 票、弃权票 0 票的表 决结果审议通过了《关于取消监事会的议案》《关于修订<公司章程>的议案》和 《关于修订公司部分治理制度的议案》，相关议案尚需提交股东大会审议，具体 内容如下： 一、取消监事会情况 为贯彻落实《中华人民共和国公司法》（以下简称"公司法"）、《上市公司章 程指引》《关于新<公司法>配套制度规则实施相关过渡期安排》等相关法律法规 和规范性文件规定，进一步完善公司法人治理结构、提升公司规范运作水平，结 合公司实际情况，公司将不再设置监事会，由公司董事会审计与风控委员会行使 原监事会相关职权，公司《监事会议事规则》等监事会相关制度相应废止。 上述事项尚需提交公司股东大会审议 ...

证券代码：603766 证券简称：隆鑫通用 公告编号：2025-043 隆鑫通用动力股份有限公司 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： 一、 召开会议的基本情况 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 10 月 16 日 至2025 年 10 月 16 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东大会召开当日的交易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00；通 股东大会召开日期：2025年10月16日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票系统 (一) 股东大会类型和届次 2025年第二次临时股东大会 (二) 股东大会召集人：董事会 (三) 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结合的 方式 (四) 现场会议召开的日期、时间和地点 召开的日期时间：2025 年 10 月 16 日 14 点 00 分 召开地点：重庆市南岸区大石二支路隆鑫工业园隆鑫通用 ...

股票代码：603766 股票简称：隆鑫通用 编码：临 2025-040 隆鑫通用动力股份有限公司 第五届董事会第八次会议决议公告 本公司董事会及全体董事保证本公告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。 一、董事会会议召开情况 隆鑫通用动力股份有限公司（以下简称"公司""隆鑫通用"）第五届董事会 第八次会议于 2025 年 9 月 29 日以通讯表决的方式召开。本次会议通知于 2025 年 9 月 25 日以通讯方式送达各位董事，经全体董事一致同意豁免提前 5 天发出 会议通知。会议应出席董事 9 名，实际出席董事 9 名。会议由董事长李耀先生主 持。会议的召集、召开符合有关法律、行政法规、部门规章和《公司章程》的规 定，会议决议合法、有效。 本议案尚需提交公司股东大会审议。 （详细内容见上海证券交易所网站 www.sse.com.cn 同日披露的《隆鑫通用 动力股份有限公司关于取消监事会并修订<公司章程>及部分治理制度的公告》。） - 1 - 股票代码：603766 股票简称：隆鑫通用 编码：临 2025-040 二、董事会会议审议情况 本次会议经 ...

Group 1 - Longxin General (SH 603766) announced on September 29 that its fifth board meeting was held via telecommunication to review the proposal regarding the internal transfer of equity among its wholly-owned subsidiaries [1] - For the year 2024, Longxin General's revenue composition is 99.23% from the machinery manufacturing industry and 0.77% from other businesses [1] - As of the report, Longxin General has a market capitalization of 24.9 billion yuan [1] Group 2 - The competition between Nongfu Spring and Yibao has intensified, with Nongfu Spring's green bottle launch leading to a significant market share decline for Yibao, dropping nearly 5 percentage points [1]

Summary of Longxin General's Conference Call Company Overview - **Company**: Longxin General - **Industry**: Motorcycle Manufacturing and General Machinery Key Points Financial Performance - Longxin General's revenue is expected to grow steadily from 2018 to 2024, with an average annual growth rate of approximately 7% [2][3] - In the first half of this year, the company reported revenue of 9.7 billion yuan, a year-on-year increase of 30% [2][3] - Overseas markets contributed over 60% of revenue, with a growth of 36%, while domestic market revenue grew by 10% [2][3] - The net profit attributable to shareholders reached nearly 1.1 billion yuan, representing an increase of over 80% year-on-year [2][5] Business Structure and Diversification - The business structure has diversified significantly, with the motorcycle and engine segment accounting for about 75% of total revenue, while general machinery accounts for approximately 20% [2][4][5] - The company has shifted focus from generator sets to motorcycles and general machinery in recent years [5] Market Trends - The domestic motorcycle market is stabilizing after a peak in 2022, with new registrations around 9 million units in 2023 [6] - High-displacement motorcycle demand is increasing, with sales of 400-500CC and above models growing by over 30% from January to May [6] - The global motorcycle market is projected to sell approximately 56 million units in 2024, with Asia being the primary market [10] Competitive Landscape - There are about 100 domestic manufacturers in the motorcycle market, leading to intense competition [7] - Major players in the high-displacement motorcycle market include Longxin, Qianjiang, and Chunfeng, with Longxin focusing on overseas markets [8][9] Export and International Strategy - Longxin aims to expand its presence in high-end markets, particularly in Europe and Latin America, with a focus on high-displacement motorcycles [9][12] - In 2024, China is expected to export 11 million motorcycles, with Longxin holding a 14% market share in the high-displacement segment [11] Future Outlook - Longxin's profit is projected to exceed 1.9 billion yuan by 2025 and could reach over 2.6 billion yuan by 2027, driven by the growth in high-displacement motorcycle exports [4][23] - The company is also focusing on enhancing its sales network, which covers over 90 countries and regions, with more than 2,000 dealers [16] Product Development and Innovation - Longxin is committed to independent research and development, particularly in its "Wuji" brand, which offers high-performance motorcycles at competitive prices [17] - The company is also expanding into electric motorcycles and all-terrain vehicles, with significant growth in these segments expected [18] General Machinery Business - The general machinery segment, which includes engines and pumps, continues to be a major revenue source, with exports contributing over 60% of its income [19][20] Market Opportunities - The global lawn machinery market is projected to grow, with Longxin focusing on high-end products like intelligent lawn mowers to capture market share [21] Strategic Goals - Longxin aims to maintain its domestic market share while optimizing its product structure to boost high-displacement motorcycle sales [22] This summary encapsulates the key insights from Longxin General's conference call, highlighting the company's financial performance, market trends, competitive landscape, and future strategies.

Group 1 - The core viewpoint of the article highlights the declining production and sales figures in the motorcycle industry, particularly focusing on Chongqing Longxin Motorcycle Co., Ltd. [1] - In July 2025, Chongqing Longxin's motorcycle production was reported at 130,909 units, representing a year-on-year decrease of 25.07% [1] - The sales volume for the same period was 114,612 units, showing a significant year-on-year decline of 38.49% [1] - The production and sales rate stood at 87.55%, with an inventory backlog of 16,297 units [1] Group 2 - The article references a market research report titled "2025-2031 China Motorcycle Industry Market Special Research and Investment Prospects" published by Zhiyan Consulting [1] - Zhiyan Consulting is noted as a leading industry consulting firm in China, specializing in in-depth industry research and providing comprehensive consulting services [1]

Investment Rating - The report initiates coverage with a "Buy" rating for the company [12]. Core Views - The company has established itself as a leader in motorcycle manufacturing in China, focusing on strategic optimization and governance improvements after the acquisition by Zongshen, leading to a stabilization and recovery in profitability. The rise of motorcycle riding culture has benefited the company's high-end "VOGE" brand, driving product upgrades. The company is expected to achieve net profits of 1.917, 2.386, and 2.652 billion yuan from 2025 to 2027, with corresponding P/E ratios of 13.26X, 10.66X, and 9.58X [4][10]. Summary by Sections Company Overview - The company has deep roots in motorcycle manufacturing, starting with engine OEM and collaborating with BMW to gain high-end manufacturing experience. The launch of the "VOGE" brand in 2018 marked its entry into the mid-to-large displacement market, transitioning towards self-owned brands. The brand system now includes "VOGE + LONCIN + BICOSE," covering various product segments [7][24]. Financial Performance - From 2018 to 2024, the company's revenue grew from 11.204 billion yuan to 16.822 billion yuan, with a CAGR of 7.01%. The company entered a recovery phase post-2021, with significant improvements in net profit and gross margin, expecting gross and net margins of 17.6% and 6.3% in 2024. In the first half of 2025, the company achieved a net profit of 1.07 billion yuan, a year-on-year increase of 82.3% [7][26][34]. Domestic Market Dynamics - The rise of "self-pleasing" consumption has created a larger premium space for high-end leisure motorcycles. The sales of large-displacement motorcycles have been increasing, with 400-500cc segment sales reaching 158,000 units in 2024, up 69.8% year-on-year. The domestic sales of large-displacement motorcycles approached 400,000 units in 2024, reflecting an 18.6% increase [8][59]. International Market Strategy - The company has expanded its overseas market presence through a dual approach of channel and product strategies, focusing on high-quality, low-cost products. By 2024, the company had established a sales network in over 90 countries, with overseas revenue accounting for 65% of total revenue. The "VOGE" series products generated 1.346 billion yuan in export sales, a 107.5% increase year-on-year [9][10][67]. Governance and Management Changes - In late 2024, Zongshen New Manufacturing became the controlling shareholder, marking a significant governance restructuring. This change is expected to enhance resource allocation and operational efficiency, with a stable management team remaining in place to ensure continuity [42][45].