Summary of Key Points Core Viewpoint - The A-share market experienced significant block trading activity on July 21, with a total transaction volume of 1.717 billion yuan across 75 stocks, indicating notable investor interest in specific companies [1]. Group 1: Trading Activity - A total of 75 stocks had block trades, with a total transaction value of 1.717 billion yuan [1]. - The top three stocks by transaction value were SAIC Motor Group (1.57 billion yuan), Tianwei Food (1.55 billion yuan), and Sifang Co., Ltd. (1.07 billion yuan) [1]. Group 2: Pricing Trends - Among the stocks traded, 10 stocks were sold at par value, 5 at a premium, and 60 at a discount [1]. - The stocks with the highest premium rates were Jiangsu Shentong (2.64%), Jindi Group (1.83%), and Minsheng Bank (1.11%) [1]. - The stocks with the highest discount rates were Langke Intelligent (27.09%), Energy Iron Han (25.78%), and Betta Pharmaceuticals (22.86%) [1]. Group 3: Institutional Trading - The top stocks by institutional buying were SAIC Motor Group (1.57 billion yuan), XCMG Machinery (1.04 billion yuan), and Milky Way (77.6 million yuan) [2]. - The top stocks by institutional selling included North Copper Industry (30.9 million yuan), Jindi Group (15.9 million yuan), and New Strong Link (3.5 million yuan) [2].

Core Viewpoint - Xuelong Group plans to establish an innovative R&D center and smart digital factory for key components of new energy commercial vehicles in Ningbo Economic and Technological Development Zone, with an initial investment of 680 million yuan [1][9]. Group 1: Investment and Project Details - The project will cover approximately 94.71 acres and aims to enhance product structure and meet diverse customer needs [1]. - The first phase of the project will focus on the intelligent manufacturing base for thermal management systems of new energy commercial vehicles, including the development of energy-saving fan integrated systems [7][9]. - The investment decision aligns with the company's long-term development strategy and is expected to strengthen its core competitiveness in the commercial vehicle parts sector [9]. Group 2: Strategic Development and Market Position - Xuelong Group has made significant progress in strategic layout and product promotion, including the construction of a new base in Beilun and expanding its presence in the new energy sector through external investments [2]. - The company has developed a low-voltage electric fan assembly for new energy commercial vehicles, which is competitive with foreign products and is now capable of mass production [2]. - A specialized R&D team has been established to achieve technological breakthroughs in high-pressure motors and control systems for cooling fans in new energy commercial vehicles [2]. Group 3: Regional Economic Impact - The project is expected to contribute to the economic transformation and high-quality development of the Beilun District, serving as a key demonstration project for the region [5][12]. - The investment will facilitate the efficient use and sharing of regional resources, promoting the development of other industrial enterprises in the area [12].

Core Viewpoint - The actual controller of Xuelong Group, He Cailin, plans to reduce his shareholding by up to 6,334,090 shares, representing 3.00% of the total shares, due to personal financial needs. The reduction will occur within three months after the announcement and will not affect the company's control or governance structure [1][3]. Shareholding Structure - As of the announcement date, He Cailin directly holds 27,820,660 shares, accounting for 13.18% of the total shares. His associates, He Pinyan and He Qunyan, hold 24,170,020 shares each (11.45% each). Hong Kong Green Source Holdings Limited holds 41,848,100 shares (19.82%), and Ningbo Weier Sai Investment Holdings Limited holds 31,471,440 shares (14.91%). Together, they hold 149,480,240 shares, representing 70.80% of the total shares [2]. Company Background - Xuelong Group was listed on the Shanghai Stock Exchange on March 10, 2020, with an initial issuance of 37.47 million shares at a price of 12.66 yuan per share. The total funds raised amounted to 474.37 million yuan, with a net amount of 431.51 million yuan allocated for various projects [4]. Financial Performance - In 2024, the company reported an operating income of 360 million yuan, a decrease of 6.26% year-on-year. The net profit attributable to shareholders was 60.41 million yuan, down 14.43%, while the net profit after deducting non-recurring gains and losses was 40.36 million yuan, a decrease of 21.31%. The net cash flow from operating activities was 80.70 million yuan, an increase of 2.07% [5][6]. Recent Developments - In the first quarter of 2025, the company reported an operating income of 104 million yuan, a year-on-year increase of 2.60%. The net profit attributable to shareholders was 17.77 million yuan, down 6.02%, while the net profit after deducting non-recurring gains and losses increased by 12.39% to 15.87 million yuan. The net cash flow from operating activities was -1.44 million yuan, an improvement from -3.29 million yuan in the previous year [7]. Future Plans - On April 29, 2025, Xuelong Group announced a plan to issue shares to specific investors, with a total fundraising amount not exceeding 203.37 million yuan. The funds will be used for the construction of an intelligent manufacturing base for energy-saving fan integrated systems [8].

Core Viewpoint - The announcement details a share reduction plan by major shareholder He Cailin due to personal financial needs, involving a maximum reduction of 6,334,090 shares, which is 3.00% of the total shares outstanding [1][2][4]. Shareholder Holding Situation - As of the announcement date, He Cailin directly holds 27,820,660 shares, accounting for 13.18% of the total shares. His associates, He Pinyan and He Qunyan, each hold 24,170,020 shares (11.45%), while Ningbo Weirsa Investment Holding Co., Ltd. holds 31,471,440 shares (14.91%). Collectively, these shareholders own 149,480,240 shares, representing 70.80% of the total shares [1][2][4]. Reduction Plan Details - He Cailin plans to reduce his holdings through centralized bidding and block trading, with a maximum of 6,334,090 shares to be sold within three months starting 15 trading days after the announcement. The reduction will be limited to 1.00% of total shares via centralized bidding and 2.00% via block trading within any consecutive 90-day period [2][4][6]. Shareholding Source and Conditions - The shares intended for reduction were acquired before the IPO and through capital reserve increases post-listing, and they are all unrestricted circulating shares [2][4]. Commitment and Compliance - He Cailin and his associates had previously committed not to transfer or manage their shares for 36 months post-IPO. This commitment includes conditions on the price and volume of shares that can be sold after the lock-up period [4][5][6]. Impact on Company Governance - The planned share reduction is not expected to significantly impact the company's governance structure or ongoing operations, and it complies with relevant laws and regulations [7].

重要内容提示： 股东持股的基本情况 截至本公告披露日，雪龙集团股份有限公司（以下简称"公司"）实际控制人 之一贺财霖先生直接持有公司股份 27,820,660 股，占公司股份总数的 13.18%。 一致行动人贺频艳女士直接持有公司股份 24,170,020 股，占公司股份总数 11.45%； 一致行动人贺群艳女士直接持有公司股份 24,170,020 股，占公司股份总数的 11.45%；一致行动人香港绿源控股有限公司（以下简称"香港绿源"）持有公司股 份 41,848,100 股，占公司股份总数的 19.82%；一致行动人宁波维尔赛投资控股 有限公司（以下简称"维尔赛控股"）持有公司股份 31,471,440 股，占公司股份总 数的 14.91%。贺财霖先生及其一致行动人贺频艳女士、贺群艳女士、香港绿源、 维尔赛控股合计持有公司股份 149,480,240 股，占公司股份总数的 70.80%。 雪龙集团股份有限公司 股东减持股份计划公告 本公司董事会、全体董事及相关股东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。 上述股份均为公司 IPO 前取得 ...

Core Viewpoint - The actual controller of Xuelong Group, He Cailin, plans to reduce his holdings by up to 6.3341 million shares, representing 3.00% of the company's total shares, due to personal funding needs [1] Summary by Relevant Sections - **Reduction Plan Details** - The reduction plan will be implemented within three months starting from 15 trading days after the announcement [1] - The maximum number of shares that can be sold through centralized bidding within any consecutive 90 days is limited to 1.00% of the total shares [1] - The maximum number of shares that can be sold through block trading is limited to 2.00% of the total shares [1]

雪龙集团股份有限公司 股票交易异常波动公告 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： 雪龙集团股份有限公司（以下简称"公司"）股票于2025年5月22日、5月 23日、5月26日连续三个交易日内日收盘价格涨幅偏离值累计超过20%，根据《上 海证券交易所交易规则》的有关规定，属于股票交易异常波动情形。敬请广大投 资者注意二级市场交易风险，理性决策，审慎投资。 市盈率较高风险。根据中证指数有限公司官方网站发布的截至2025年5 月26日的市盈率数据显示，公司所属证监会行业C36汽车制造业的静态市盈率为 27.80，滚动市盈率为26.49，目前公司静态市盈率78.74，滚动市盈率80.26，均显 著偏离同行业平均水平。敬请广大投资者注意二级市场交易风险，理性决策，审 慎投资。 股票换手率较高和日内振幅较大风险。2025年5月26日，公司股票换手率 为12.87%，振幅达到10.14%。鉴于公司股票价格短期涨幅较大，可能存在非理 性炒作风险。公司提醒广大投资者注意二级市场交易风险，理性决策，审慎投资。 证券代码： ...

Core Viewpoint - Xuelong Group (603949) has issued a notice regarding unusual stock movements, indicating a potential risk of irrational speculation due to a relatively low external circulating share ratio of 29.20% [1] Financial Metrics - The company's static price-to-earnings (P/E) ratio stands at 78.74, while the rolling P/E ratio is 80.26, both significantly deviating from the industry average [1] Operational Status - The company has conducted a self-inspection and confirmed that its production and operations are normal [1] - There have been no significant changes in the market environment or industry policies, and production costs and sales have not experienced substantial fluctuations [1] - The internal production and operational order of the company remains stable [1]

Core Viewpoint - Xuelong Group has demonstrated steady growth in its financial performance for Q1 2025, driven by strategic initiatives and market trends in the commercial vehicle sector [1][2]. Financial Performance - In Q1 2025, Xuelong Group achieved revenue of 104 million yuan, representing a year-on-year increase of 2.60% - The net profit attributable to shareholders, excluding non-recurring gains and losses, was 15.8733 million yuan, up 12.39% year-on-year [1]. Strategic Initiatives - The company is actively advancing the construction of the Beilun new base project and expanding its presence in the new energy sector through external investments [1]. - Xuelong Group has established a dedicated R&D team focused on technological breakthroughs in high-pressure motors and control systems for cooling fans used in new energy commercial vehicles [2]. Market Trends and Opportunities - The full implementation of the National VI emission standards is expected to accelerate technological upgrades in commercial vehicles, increasing demand for energy-saving components like the electric fan assembly [2]. - Each new energy electric heavy truck typically requires 4 to 9 electric fan assemblies, while electric light trucks require 2, indicating a significant market potential for Xuelong Group's products [2]. International Expansion - The company plans to enhance its overseas market research efforts and steadily advance its international strategy to identify new revenue streams [3]. - Xuelong Group aims to extend its industrial layout through external investments, seeking breakthroughs in the precise extension of its supply chain [3]. Competitive Position - Xuelong Group possesses certain technological barriers within the industry, and the ongoing development of the new energy commercial vehicle market presents substantial opportunities for market share expansion [3].

格隆汇5月14日丨雪龙集团(603949.SH)在业绩说明会上表示，在行业政策方面：国六排放标准实施推动 商用车技术升级，公司的电控硅油离合器风扇总成作为节能减排的关键部件，需求将持续增长。在新能 源商用车发展方面：新能源商用车市场快速增长，公司的储备项目电动风扇总成，作为核心部件，市场 空间广阔，单车配套价值上升，有利于业绩增长。针对新能源商用车，公司自主设计的低压电动风扇总 成产品，性能对标国外竞品，目前已具备批量生产能力。低压电动风扇总成应用于新能源纯电动重卡、 新能源纯电动轻卡、新能源纯电动工程机械等领域。以新能源电动重卡为例，平均每辆车配套4个至9个 电动风扇总成，是燃油重卡配套电控硅油离合器风扇总成的单车配套价值的2-4倍；新能源纯电动轻卡 平均每辆车配套2个电动风扇总成，是传统燃油轻卡配套硅油离合器风扇总成的单车配套价值的2-4倍。 同时，公司组建专项研发团队对新能源商用车冷却风扇用高压电机及其控制系统设计、制造等方面进行 技术突破，产品市场应用前景广阔。在市场开拓方面：公司将加大海外市场调研力度，稳步推进国际化 战略，积极寻找业绩新增量。在经营管理方面：公司将聚焦产品质量、效率提升、节能降耗等 ...