公司自 2012 年成立以来专注于燃料电池系统研发及产业化，主要产品及服 务包括燃料电池系统及相关的技术开发、技术服务，目前主要应用于客车、物流 车及重卡等商用车型，具备自主核心知识产权，并实现了燃料电池系统的批量生 产。公司先后承担多项国家高技术研究发展计划（863 计划）项目、科技部国家 重点研发计划项目以及北京市科委、上海市科委项目等燃料电池领域重大专项课 题，与国内主流的商用车企业宇通客车、北汽福田等建立了深入的合作关系，搭 载公司燃料电池系统的燃料电池车辆已先后在北京、张家口、上海、成都、郑州 及唐山等地上线运营。 根据工信部发布的《道路机动车辆生产企业及产品》统计，截至 2025 年 6 月底，全国共发布 1235 款燃料电池汽车整车公告（不含底盘公告），其中搭载 公司燃料电池系统的整车公告 170 款。 2025 年下半年，公司将继续聚焦主业，持续加大氢能与燃料电池技术产业 化攻关和示范应用力度，凝心聚力、砥砺前行，以期全面提升公司的核心竞争力、 盈利能力以及品牌影响力。 二、 深耕科技前沿，缔造卓越产品 作为上市科技公司，产品研发创新是公司发展的核心动力，只有不断提升研 发水平，提高创新能力， ...

证券代码：688339 证券简称：亿华通 公告编号：2025-043 北京亿华通科技股份有限公司 关于 2025 年半年度募集资金存放与使用 情况的专项报告 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、准确性和完整性依法承担法律责任。 根据《上市公司募集资金监管规则》《上海证券交易所科创板上市公司自律 监管指引第 1 号——规范运作》《上海证券交易所科创板股票上市规则》及公司 《募集资金专项存储及使用管理制度》等规定，北京亿华通科技股份有限公司（以 下简称"公司"或"亿华通"）董事会编制了公司 2025 年半年度募集资金存放 与使用情况的专项报告，具体如下： 一、募集资金基本情况 （一）2020 年首次公开发行 A 股股票募集资金情况 根据中国证券监督管理委员会于 2020 年 7 月 13 日出具的《关于同意北京亿 华通科技股份有限公司首次公开发行股票注册的批复》（证监许可[2020]1447 号）核准，公司获准首次向社会公众公开发行普通股（A 股）股票 1,763.05 万 股，每股面值 1 元，每股发行价人民币 76.65 元。募集资金总额 1, ...

亿华通8月28日披露半年报，公司上半年实现营业收入7192.93万元，同比下降53.25%；归属于上市公司 股东的净利润亏损1.63亿元，上年同期亏损1.41亿元；基本每股收益-0.71元/股。 ...

风险提示：市场有风险，投资需谨慎。（本内容由AI生成，仅供参考，不构成投资建议。） 截至2025年8月27日15时，亿华通-U股价报23.73元，较前一交易日下跌0.81元，跌幅3.30%。当日开盘 价为24.54元，最高触及24.58元，最低下探至23.68元，成交量为45179手，成交额1.09亿元。 亿华通-U属于电池、氢能源、新能源车等板块，是一家专注于氢燃料电池系统研发与制造的企业。 8月27日主力资金净流出827.89万元，近五日累计净流出3396.86万元。 ...

Core Viewpoint - The article highlights significant international advancements in the fuel cell sector, showcasing the successful entry of Chinese companies into global markets, specifically through the achievements of Yihua Tong in Australia and Weishi Energy in Brazil [3][5]. Group 1: Yihua Tong's Breakthrough in Australia - Yihua Tong has successfully exported its 240kW hydrogen fuel cell engine (G20+) to Australia, marking a significant milestone for Chinese hydrogen energy heavy trucks [3]. - The hydrogen fuel cell heavy trucks have a maximum range of 500 kilometers and demonstrate industry-leading hydrogen consumption levels, meeting or exceeding local requirements in terms of environmental performance, durability, and overall system safety [3]. Group 2: Weishi Energy's Delivery in Brazil - Weishi Energy has delivered the first domestically produced mobile hydrogen power generation unit for maritime use to Brazil, developed in collaboration with Haida Qingneng for NAUTICA [5]. - This mobile hydrogen power generation unit is designed for a 36-meter research vessel and incorporates advanced hydrogen fuel cell technology, modular hydrogen management technology, and specialized hydrogen safety technology for ships [5].

Core Viewpoint - The fuel cell vehicle market in China is struggling with low sales and high competition, leading to significant financial losses for many companies in the sector [2][4][8]. Industry Overview - In 2024, the sales of fuel cell vehicles in China were only 7,075 units, far below the millions of electric vehicles sold annually, indicating a weak market demand [2][18]. - By mid-2025, the total number of fuel cell vehicles in China reached 30,212, but this still fell short of the target of 50,000 set by the national hydrogen energy development plan [3][18]. - The market is characterized by a high number of suppliers (96 in 2024), but over 80% of them sold fewer than 100 units, leading to intense competition and financial strain across the industry [7][8]. Financial Performance - Leading companies like Yihuatong and Reshape Energy reported significant revenue declines and increased losses in 2024, with Yihuatong's revenue dropping by 54.21% and net profit falling by 87.68% [10][12]. - Reshape Energy's revenue for the first half of 2025 was approximately 107 million RMB, a decrease of about 9.9% compared to the same period in 2024, with a negative gross profit indicating unsustainable operations [14][18]. Market Dynamics - The fuel cell vehicle market is highly fragmented, with sales concentrated in a few cities and lacking large-scale, stable orders, which hampers production efficiency and cost reduction [19][20]. - The industry faces a "chicken or egg" dilemma, where the lack of hydrogen refueling infrastructure (only about 500 stations by the end of 2024) limits vehicle sales, while low sales further discourage infrastructure investment [23][24]. Policy and Future Outlook - 2025 marks the end of the current fuel cell vehicle subsidy policies, shifting the focus from government-driven incentives to market-driven growth, which introduces uncertainty for companies reliant on subsidies [15][32]. - Companies are urged to innovate and diversify their business models, moving beyond just vehicle sales to include hydrogen production and broader applications in various sectors [35][36][37]. Strategic Responses - Leading firms are exploring vertical integration by acquiring upstream hydrogen production capabilities and expanding into non-automotive applications to mitigate risks associated with the automotive market [36][40]. - The shift towards a comprehensive hydrogen energy solution provider model is seen as a necessary strategy for long-term sustainability and growth in the industry [38][43].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 或任何部分內容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 茲 載 列 北 京 億 華 通 科 技 股 份 有 限 公 司（「 本公司 」）於 上 海 證 券 交 易 所 網 站 (www.sse.com.cn)所刊發的公告，僅供參考。 承董事會命 北京億華通科技股份有限公司 董事長 （在中華人民共和國註冊成立的股份有限公司） （股份代號：2402） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 張國強 中國，北京 2025年8月22日 於 本 公 告 日 期，本 公 司 董 事 會 成 員 包 括 執 行 董 事 張 國 強 先 生、宋 海 英 女 士 及 戴東哲女士；非執行董事宋峰先生；獨立非執行董事紀雪洪先生、陳素權先生及 李志杰先生；及職工代表董事張紅黎女士。 证券代码：688339 证券简称：亿华通 公告编号：2025-042 北京亿华通科技股份有限公司 关于参加 2025 年半年度科创板新能源行业集体业绩 说明 ...

Core Insights - The overall activity level of the A-share merger and acquisition market in China has slightly decreased, characterized by high frequency, diverse participants, and broad sectors [1] - A total of 80 merger and acquisition events were disclosed during the period, with a total transaction amount of 601.88 billion RMB, showing a significant increase in both the number and value of major M&A events compared to the previous period [2] - The real estate management and development, other metals and mining, semiconductor products, electronic equipment, instruments and components, electrical equipment, and automotive parts sectors are particularly active in M&A activities [2][3] - Private enterprises and local state-owned enterprises are actively engaging in horizontal integration and strategic cooperation, indicating diverse motivations for mergers and acquisitions [1][2] - The M&A market is expected to further release integration and value reconstruction potential, supported by regulatory policy optimization, economic recovery, policy encouragement, and capital market reforms [1] M&A Market Overview - The number of major M&A events in the A-share market increased by 60% compared to the previous period, with a total disclosed transaction amount of 601.88 billion RMB, representing a 187.97% increase [2] - Key sectors for M&A activities include real estate management and development, other metals and mining, semiconductor products, electronic equipment, instruments and components, electrical equipment, and automotive parts [2] - The market is entering a new phase characterized by "efficiency improvement + structural optimization," driven by policy and proactive corporate adjustments [2] Listed Companies' M&A Plans - A total of 44 listed companies announced or planned M&A activities, with an average stock price fluctuation of 7.53% over two weeks [2] - 22 companies made significant progress after announcing M&A plans, with an average stock price fluctuation of 3.76% [2] - The number of major restructuring events increased by 60% compared to the previous period, with research enthusiasm rising by 11.54% [2] Companies with Significant Progress - Companies such as Yunnan Cheng Investment and AnYuan Coal Industry have made notable advancements in their M&A plans, with various strategic objectives including asset adjustments and diversification [10][11] - The progress of these companies reflects a broader trend of active restructuring and strategic realignment within the A-share market [10][11] Market Sentiment and Performance - The restructuring index showed a fluctuation of 5.10% over the two-week period, indicating a positive sentiment in the M&A market [12] - The average price-to-earnings (PE) ratios and market values of companies involved in M&A activities vary significantly, reflecting diverse market conditions and investor sentiments [7][8]

Core Viewpoint - Beijing Kavin New Energy Vehicle Co., Ltd. has undergone significant changes, including an increase in registered capital and new shareholders, indicating a strategic move to enhance its financial and operational capabilities [1] Group 1: Company Changes - The registered capital of Beijing Kavin New Energy Vehicle Co., Ltd. has increased from 500 million RMB to approximately 1.306 billion RMB, representing a growth of about 161% [1] - New shareholders include Anpeng Green (Beijing) Energy Industry Investment Fund, Wuhan Boyuan Fengcheng Venture Capital Partnership, and Beijing Green Energy and Low Carbon Industry Investment Fund [1] - The company was established in October 2022 and has undergone changes in key personnel [1] Group 2: Business Operations - The company's business scope includes the production of road motor vehicles, sales of new energy vehicles, automotive sales, research and development of automotive parts, manufacturing of automotive parts, and retail of automotive spare parts [1] - Current shareholders include Yihua Tong, Shanghai Boyuan Jiacheng Venture Capital Partnership, and Shenzhen Fuyuan Smart Investment Partnership, along with the newly added shareholders [1]

会议召开时间：2025 年 09 月 03 日（星期三）15:00-17:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络文字互动 证券代码：688339 证券简称：亿华通 公告编号：2025-042 北京亿华通科技股份有限公司 关于参加 2025 年半年度科创板新能源行业集体业绩 说明会的公告 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： 经营成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许 的范围内就投资者普遍关注的问题进行回答。 二、 说明会召开的时间、地点 (一)会议召开时间：2025 年 09 月 03 日（星期三）15:00-17:00 投资者可于 2025 年 08 月 27 日（星期三）至 09 月 02 日（星期二）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 sinohytec@autoht.com ...