第九届监事会第十五次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 公司于 2025 年 9 月 26 日召开第九届监事会第十五次会议，会议通知及文 件于 2025 年 9 月 23 日通过邮件等方式送达公司全体监事。本次监事会会议以 书面表决方式召开，应参加表决的监事 3 人，实际参加表决的监事 3 人。本次 会议符合《公司法》和《公司章程》等有关规定。会议审议通过了《关于调整 A 股限制性股票激励计划回购价格及回购注销部分限制性股票的议案》。 表决结果：同意 3 票，反对 0 票，弃权 0 票。 经核查，监事会认为：根据公司《A 股限制性股票激励计划（草案修订稿）》 （以下简称"《激励计划》"）的规定，因 2024 年度权益分派方案实施完毕， 公司调整限制性股票回购价格。同时，因 32 名原激励对象发生退休、离职等 情形，已不符合有关激励对象的规定，公司对上述激励对象持有的全部限制性 股票共 1,161,948 股进行回购注销。上述事项符合《上市公司股权激励管理办 法》、公司《激励计划》等规定，决策审批程序合法、合规。监事会同意本次 调整限制 ...

重庆长安汽车股份有限公司监事会 关于第九届监事会第十五次会议相关事项的 核查意见 重庆长安汽车股份有限公司（以下简称"公司"）监事会根 据《深圳证券交易所上市公司自律监管指引第 1 号——主板上 市公司规范运作》《深圳证券交易所上市公司自律监管指南第 1 号——业务办理》和《公司章程》等有关规定，对公司第九届 监事会第十五次会议《关于调整 A 股限制性股票激励计划回购 价格及回购注销部分限制性股票的议案》事项发表核查意见如 下： 经核查，监事会认为：根据公司《A 股限制性股票激励计划 （草案修订稿）》（以下简称"《激励计划》"）的规定，因 2024 年度权益分派方案实施完毕，公司调整限制性股票回购价格。 同时，因 32 名原激励对象发生退休、离职等情形，已不符合有 关激励对象的规定，公司对上述激励对象持有的全部限制性股 票共 1,161,948 股进行回购注销。上述事项符合《上市公司股 权激励管理办法》、公司《激励计划》等规定，决策审批程序合 法、合规。监事会同意本次调整限制性股票回购价格和回购注 销部分限制性股票事项。 1 重庆长安汽车股份有限公司监事会 2025 年 9 月 26 日 2 （本页无正文，为 ...

证券代码：000625(200625) 证券简称：长安汽车（长安 B） 公告编号：2025-56 重庆长安汽车股份有限公司 第九届董事会第四十五次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 3.审议通过了《关于修订<公司章程>的议案》 表决结果：同意 9 票，反对 0 票，弃权 0 票。 公司于 2025 年 9 月 26 日在全球研发中心多媒体会议室以现场结合视频方 式召开第九届董事会第四十五次会议，会议通知及文件于 2025 年 9 月 23 日通 过邮件等方式送达公司全体董事。会议应到董事 9 人，实际参加表决的董事 9 人，其中委托出席 1 人，独立董事李震宇先生因工作原因，委托独立董事杨新 民先生出席并代为表决。会议由董事长朱华荣先生主持。本次会议的召开符合 《公司法》和《公司章程》等有关规定，会议形成的决议合法、有效。会议审 议通过了以下议案： 1.审议通过了《关于调整公司部分部门组织架构的议案》 表决结果：同意 9 票，反对 0 票，弃权 0 票。 2.审议通过了《关于调整 A 股限制性股票激励计划回购价格及回购注销部 分限制性 ...

Core Viewpoint - Changan Automobile officially launched the fourth generation CS55PLUS on September 25, with a starting price of 78,900 yuan, offering four configurations [1] Design Aspects - The fourth generation CS55PLUS features a large grille design that optimizes aerodynamic drag and enhances engine compartment cooling, contributing to energy efficiency during driving [3] - The vehicle is equipped with LED headlights that have a high beam range of 150 meters and a low beam coverage of 55 meters, along with LED taillights that provide ample brightness and range for night driving [3] - The interior offers a spacious cabin with comfortable materials and ample storage space, enhancing user comfort during travel [3] Powertrain - The fourth generation CS55PLUS is powered by a new 1.5T Blue Whale engine with a maximum power output of 141 kW and a peak torque of 310 N·m at 1500 rpm, suitable for various driving conditions [5] - It includes an intelligent energy management system that adapts torque output and optimizes fuel consumption based on different driving scenarios, paired with a seven-speed dual-clutch automatic transmission for a smoother driving experience [5] Safety Features - The vehicle is equipped with a comprehensive safety system, including an 800W front camera, four high-definition surround cameras, and multiple radar and ultrasonic sensors, providing full coverage for safety monitoring [5] - It features 18 active warning and braking functions, including automatic emergency braking and lane departure warnings, along with passive safety measures such as six airbags and a rapid-response sensor system [5] - The vehicle's ground clearance is designed to handle rough terrains, with an unloaded ground clearance of 188 mm and a loaded clearance of 167 mm [5] Intelligent Experience - The fourth generation CS55PLUS incorporates an AI voice assistant, a dual-screen setup with a 14.6-inch and a 10.25-inch display, and various connectivity features to enhance user experience [7] - It includes upgraded driving assistance features such as lane centering, smart obstacle avoidance, and advanced parking assistance, improving overall driving convenience [7] - The vehicle can autonomously adjust speed based on surrounding traffic conditions, providing a more relaxed driving experience [7]

Core Viewpoint - The article provides a comprehensive overview of upcoming vehicle models from various manufacturers, detailing their specifications, market segments, and expected launch dates. Group 1: Upcoming Vehicle Models - Changan Automobile will launch the Deep Blue S07 on September 19, 2025, positioned as a B SUV with a price range of 156,900 to 173,900 CNY [12]. - GAC Passenger Vehicle is set to release the GAC Trumpchi Xiangwang S9 on September 19, 2025, classified as a C SUV, with prices ranging from 229,900 to 259,900 CNY [20]. - Jiangling Ford will introduce the Ford Lema on September 19, 2025, categorized as a B SUV, with a price range of 386,600 to 436,600 CNY [28]. - NIO will launch the ES8 on September 20, 2025, a D SUV priced between 406,800 and 446,800 CNY [36]. - NIO's ET9 will also debut on September 20, 2025, classified as a D NB with a price of 818,000 CNY [44]. - Avita Technology will release the Avita 07 on September 20, 2025, a B SUV with prices from 219,900 to 279,900 CNY [52]. - Chery New Energy will launch the iCAR V23 on September 21, 2025, an A SUV priced between 122,800 and 174,800 CNY [60]. - Geely Automobile will introduce the Lotus ELETRE on September 21, 2025, a C SUV with a price range of 558,000 to 863,000 CNY [68]. - Geely will also launch the Lotus EMEYA on September 21, 2025, a D NB priced between 538,000 and 873,000 CNY [76]. - Dongfeng Honda will release the CR-V on September 22, 2025, an A SUV with prices ranging from 185,900 to 239,900 CNY [84]. - SAIC General Motors will launch the Buick GL8 on September 22, 2025, a C MPV priced between 309,900 and 369,900 CNY [91]. - GAC Aion will introduce the Aion RT on September 22, 2025, an A NB with prices from 99,800 to 123,800 CNY [96]. - SAIC General Motors will also release the Cadillac XT5 on September 23, 2025, a B SUV priced between 379,900 and 459,900 CNY [103]. - GAC Toyota will launch the Fenglanda on September 23, 2025, an A SUV with prices ranging from 132,800 to 172,800 CNY [114]. - GAC Toyota will also release the Sienna on September 23, 2025, a C MPV priced between 299,800 and 393,800 CNY [130]. - GAC Toyota will introduce the Camry on September 23, 2025, a B NB priced at 191,800 CNY [138]. - Geely will launch the Starry on September 23, 2025, an A NB with prices ranging from 98,700 to 138,700 CNY [145]. - Geely will also release the Xingyue L on September 23, 2025, an A SUV priced between 158,700 and 179,700 CNY [151]. Group 2: Specifications and Features - The Deep Blue S07 features a pure electric engine with a maximum power of 200 kW and a range of 550 km [12]. - The GAC Trumpchi Xiangwang S9 is equipped with a 1.5T plug-in hybrid engine, offering a maximum power of 118 kW and an electric range of 252 km [20]. - The Ford Lema has a 2.3T engine with a maximum power of 202 kW and a torque of 429 N·m [28]. - The NIO ES8 offers a maximum power of 520 kW and a torque of 700 N·m, with a battery capacity of 102 kWh and a range of 635 km [36]. - The Avita 07 features a pure electric engine with a maximum power of 252 kW and a range of 610 km [52]. - The iCAR V23 has a maximum power of 185 kW and offers a range of 550 km [60]. - The Lotus ELETRE features a maximum power of 450 kW and a range of 650 km [68]. - The CR-V offers a 1.5T engine with a maximum power of 174 kW and a torque of 350 N·m [84]. - The Buick GL8 has a 2.0T engine with a maximum power of 174 kW and a torque of 350 N·m [91]. - The Aion RT features a pure electric engine with a maximum power of 150 kW and a range of 650 km [96].

Overall Market - The overall market for passenger vehicles includes ICE (Internal Combustion Engine), BEV (Battery Electric Vehicle), and PHEV (Plug-in Hybrid Electric Vehicle) [4] - In the first eight months of 2025, the total production and sales of vehicles reached 2,481,169 units, with a year-on-year growth of 13.5% [5] - The market share of new energy vehicles (NEV) in the overall market reached 23.1% in production and 23.5% in wholesale [5] Submarket Analysis - The new energy vehicle market is segmented into BEV and PHEV, with significant growth observed in both categories [4] - The retail sales of new energy vehicles in August 2025 reached 1,114,901 units, showing an increase of 8.8% compared to the previous year [5] Export Market - The export of new energy vehicles in the first eight months of 2025 totaled 499,341 units, reflecting a growth of 20.2% year-on-year [5] - The overall export market for vehicles, including complete vehicles and CKD (Completely Knocked Down), showed a positive trend with a total of 2,481,169 units exported [5] Manufacturer Performance - BYD remains the top manufacturer in the new energy vehicle segment, with wholesale sales of 371,501 units, marking a growth of 10.2% [21] - Tesla China reported a decline in wholesale sales by 4.0%, totaling 83,192 units [21] Vehicle Type Segmentation - In August 2025, the retail sales of new energy vehicles were dominated by SUVs, with 543,141 units sold, followed by sedans and MPVs [26] - The overall retail market for new energy vehicles showed a significant increase in the SUV segment, indicating a shift in consumer preference [26] Brand Positioning - The luxury brand segment, including brands like Mercedes-Benz and BMW, continues to maintain a strong presence in the market, with competitive sales figures [4] - The market is segmented into price ranges, with vehicles priced below 100,000 yuan showing a notable increase in sales [4] Country Positioning - The export market for new energy vehicles is expanding, with countries increasingly adopting electric vehicles, contributing to the growth of the export segment [20] - The penetration rate of new energy vehicles in the export market reached 43.5% in 2025, indicating a growing acceptance of these vehicles globally [20] Price Positioning - The price segmentation of vehicles shows that the demand for mid-range vehicles (100,000 to 300,000 yuan) is increasing, reflecting changing consumer preferences [4] - The overall market dynamics indicate a shift towards more affordable electric vehicles, which is expected to drive future growth [4]

| 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 601127 | 赛力斯 | 5.76 Z | 3.60% | -7.33 Z | -4.58% | 1.57亿 | 0.98% | | 002594 | 比亚迪 | 2.39 Z | 2.89% | -1.19 Z | -1.45% | -1.19亿 | -1.45% | | 000625 长安汽车 | | 1.67 Z | 9.69% | -9951.76万 | -5.77% | -6755.93万 | -3.92% | | 601238 广汽集团 | | 2138.45万 | 8.26% | -3159.20万 | -12.21% | 1020.74万 | 3.94% | | 000572 海马汽车 | | 1691.06万 | 3.01% | -2806.13万 | -4.99% | 1115.06万 | 1.98% | | 601633 长城汽车 | | 1 ...

Core Viewpoint - Changan Automobile's stock has shown fluctuations with a recent increase of 2.07%, but the overall performance this year reflects a decline of 5.63% [1] Financial Performance - For the first half of 2025, Changan Automobile reported a revenue of 726.91 billion yuan, a year-on-year decrease of 5.25%, and a net profit attributable to shareholders of 22.91 billion yuan, down 19.09% compared to the previous year [2] Shareholder Information - As of August 31, 2025, the number of shareholders for Changan Automobile stood at 619,200, with no change from the previous period [2] - The company has distributed a total of 241.09 billion yuan in dividends since its A-share listing, with 86.67 billion yuan distributed over the last three years [3] Stock Market Activity - On September 26, 2023, Changan Automobile's stock price was 12.33 yuan per share, with a trading volume of 5.20 billion yuan and a market capitalization of 122.24 billion yuan [1] - The stock has experienced a net inflow of 50.02 million yuan from main funds, with significant buying activity from large orders [1]

Core Insights - Changan Automobile is accelerating the intelligent upgrade of its fuel vehicle product line, launching the fourth generation CS55PLUS with a starting price of 78,900 yuan, making advanced features accessible below 100,000 yuan [2][3] - The CS55PLUS has sold over 1 million units globally since its debut in 2017, highlighting its significance in Changan's product lineup [2][5] Intelligent Features - The fourth generation CS55PLUS integrates advanced technologies such as AI voice models, a dual-screen setup with 14.6-inch and 10.25-inch displays, and various smart connectivity features, positioning it as the only intelligent SUV under 100,000 yuan capable of integrated driving and parking functions [3] - The vehicle's NCA intelligent driving assistance includes unique features like lane change assistance and adaptive speed control, enhancing its operational capabilities in various driving scenarios [3] Market Positioning - The rapid iteration of the CS55 series, with four generations in eight years, underscores its global positioning and importance within Changan's offerings, showcasing the company's advancements in intelligent cockpit, driving assistance, and safety technologies [5]

Core Viewpoint - The launch of the fourth-generation CS55PLUS by Changan Automobile marks a significant advancement in the fuel vehicle market, offering features typically reserved for luxury models at an accessible price point, thus redefining the value benchmark for SUVs under 100,000 yuan [1][5][22] Product Features - The fourth-generation CS55PLUS is the only global intelligent SUV under 100,000 yuan that integrates "driving and parking" with automatic lane change overtaking capabilities, showcasing Changan's commitment to innovation in the fuel vehicle sector [1][12] - It features a comprehensive "Tianshu Intelligent Driving Assistance" system, which includes advanced hardware such as five millimeter-wave radars and a 540° panoramic perception network, surpassing competitors in the same price range [6][8] - The vehicle is equipped with a high-performance engine and a 7-speed dual-clutch transmission, achieving a peak torque of 310 N·m and a maximum power of 141 kW, with a fuel efficiency that allows for a range of 1,000 kilometers on a single tank [20][21] Safety Enhancements - The CS55PLUS incorporates an all-encompassing safety system based on the "New Changan New Safety" philosophy, featuring 18 smart warning and braking functions, significantly enhancing safety for users [13][15] - It employs a robust body structure with high-strength steel and multiple airbags, ensuring effective impact distribution during collisions [17] - The model includes standard features such as a 540° high-definition panoramic image system and a 360° driving recorder, which are often optional in competing models [17] Market Positioning - The vehicle's pricing strategy, starting at 78,900 yuan after discounts, positions it competitively against joint venture brands, breaking their monopoly on intelligent configurations in the under 100,000 yuan fuel vehicle segment [12][20] - Changan's approach to making high-end features accessible reflects its strategy to elevate the value proposition of traditional fuel vehicles, demonstrating that Chinese brands can compete effectively without relying solely on new energy technologies [22]