Core Viewpoint - Changan Automobile plans to invest 225 million RMB to establish a robotics company, focusing on humanoid robot technology and multi-robot industry development [1] Group 1: Investment Details - Changan Automobile's board has approved the investment proposal to establish Changan Robotics Company with a registered capital of 450 million RMB [1] - The company will hold a 50% stake in Changan Robotics by investing 225 million RMB, while its wholly-owned subsidiary, Changan Technology, will invest 45 million RMB for a 10% stake [1] Group 2: Strategic Alignment - The establishment of Changan Robotics aligns with China's 14th Five-Year Plan and Changan Automobile's strategic transformation direction [1] - The company aims to develop innovative "embodied intelligence" products and solutions, enhancing the automotive and robotics industries through mutual empowerment [1]

每经头条（nbdtoutiao）——已有75人遇难，1名死者为消防员，还有10名消防员受伤！记者现场直击香 港大埔火灾：燃烧的宏福苑，五级大火的五个谜团 （记者 王晓波） 每经AI快讯，长安汽车（SZ 000625，收盘价：11.94元）11月28日晚间发布公告称，公司第九届第四十 八次董事会会议于2025年11月28日在长安汽车金融城会议室以现场结合视频方式召开。会议审议了 《2026年度董事会工作计划》等文件。 2025年1至6月份，长安汽车的营业收入构成为：汽车制造业占比100.0%。 截至发稿，长安汽车市值为1184亿元。 ...

证券代码：000625（200625） 证券简称：长安汽车（长安 B） 公告编号：2025-76 重庆长安汽车股份有限公司 关于调整 A 股限制性股票激励计划回购价格的公告 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。 重庆长安汽车股份有限公司（以下简称"公司"）于 2025 年 11 月 28 日召 开第九届董事会第四十八次会议，审议通过了《关于调整 A 股限制性股票激励 计划回购价格的议案》，现将相关事项公告如下： 一、已履行的相关审批程序 1．2020 年 7 月 13 日，公司第八届董事会第二次会议、第八届监事会第二 次会议审议通过了《关于审议<公司 A 股限制性股票激励计划（草案）>及其摘 要的议案》《关于审议<公司 A 股限制性股票激励计划实施考核管理办法>的议 案》等议案。公司独立董事就激励计划发表了同意的独立意见。 2．2020 年 7 月 29 日至 2020 年 8 月 16 日，公司将 A 股限制性股票激励计 划首次授予拟激励对象的姓名和职务进行了公示，公示期内，公司监事会未收到 任何人对拟激励对象名单提出的异议。 3．2021 年 1 ...

北京市中伦（深圳）律师事务所 关于重庆长安汽车股份有限公司 调整 A 股限制性股票激励计划回购价格的 法律意见书 二〇二五年十一月 北京市中伦（深圳）律师事务所 关于重庆长安汽车股份有限公司 调整 A 股限制性股票激励计划回购价格的 法律意见书 致：重庆长安汽车股份有限公司 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民 共和国证券法》（以下简称"《证券法》"）、中国证券监督管理委员会（以下 简称"中国证监会"）发布的《上市公司股权激励管理办法》（以下简称"《管 理办法》"）等法律、法规和规范性文件的有关规定，北京市中伦（深圳）律师 事务所（以下简称"本所"）接受重庆长安汽车股份有限公司（以下简称"公司"） 委托，担任公司限制性股票激励计划的专项法律顾问，现就公司调整 A 股限制 性股票激励计划回购价格相关事项（以下简称"本次调整"）出具本法律意见书。 本所已经得到公司的保证：即公司向本所提供的文件资料及所作出的陈述和 说明均是完整、真实和有效的，且一切足以影响本法律意见书的事实和文件均已 向本所披露，无任何隐瞒或重大遗漏；公司提供的文件资料中的所有签字及印章 均是真实的，文件的副本、复印 ...

Core Viewpoint - Changan Automobile announced that its associate company, Avita Technology, has submitted an application for a public offering and listing on the Hong Kong Stock Exchange, focusing on high-end intelligent connected electric vehicles and components [1] Group 1 - Avita Technology submitted its application for public offering and listing on November 27, 2025 [1] - The company specializes in the research and sales of high-end intelligent connected electric vehicles, aiming to create a new luxury travel experience for users [1] - Changan Automobile holds a 40.99% stake in Avita Technology as of the announcement date [1] Group 2 - The application materials were published on the Hong Kong Stock Exchange website and are subject to updates and changes [1] - The public offering and listing are pending approval from regulatory bodies including the China Securities Regulatory Commission and the Hong Kong Securities and Futures Commission [1] - There is uncertainty regarding the approval process for the public offering and listing [1]

Core Insights - Changan Automobile showcased its new energy vehicles (NEVs) at the Thailand International Motor Expo 2025, emphasizing its technological leadership and commitment to intelligent mobility in Thailand [1][5] Product Highlights - The AVATR brand introduced the AVATR 07, a luxury SUV recognized with multiple international design awards, featuring a 0-100 km/h acceleration time of 3.9 seconds and advanced adaptive air suspension [3] - The CHANGAN DEEPAL S05, the first locally manufactured model, achieved the top position in EV SUV registrations for two consecutive months, with the new S05 Max Long Range variant offering a 68.82 kWh battery and a range of 560 km [4] Strategic Initiatives - Changan's "In Thailand, For Thailand" strategy focuses on localizing manufacturing, marketing, sales, and service to enhance its presence in the rapidly electrifying Thai market [5] - The company inaugurated its first overseas NEV plant in Rayong, Thailand, employing over 1,000 local workers and achieving approximately 60% local content [6] Future Plans - Changan plans to launch seven new models in Thailand over the next three years and aims to introduce over 50 NEVs globally in the next five years, positioning itself for leadership in intelligent and new energy mobility [7]

Core Points - The Shenzhen State-Owned Enterprises Shareholder Return Index (470064) closed at 2212.99 points, up 0.51% with a trading volume of 16.404 billion yuan and a turnover rate of 0.67% [1] - Among the index constituents, 36 stocks rose while 12 fell, with China Steel International leading the gainers at 2.67% and China Merchants Shekou leading the decliners at 2.63% [1] Index Constituents Summary - The top ten constituents of the Shenzhen State-Owned Enterprises Shareholder Return Index include: - BOE Technology Group (9.31% weight, latest price 3.86, market cap 144.418 billion yuan) in the electronics sector - Hikvision (7.97% weight, latest price 30.02, market cap 275.129 billion yuan) in the computer sector - Wuliangye Yibin (7.71% weight, latest price 117.85, market cap 457.448 billion yuan) in the food and beverage sector - Luzhou Laojiao (6.59% weight, latest price 135.88, market cap 200.007 billion yuan) in the food and beverage sector - XCMG Machinery (5.75% weight, latest price 10.32, market cap 121.291 billion yuan) in the machinery sector - Changan Automobile (3.88% weight, latest price 11.94, market cap 118.374 billion yuan) in the automotive sector - Shenwan Hongyuan (3.84% weight, latest price 5.15, market cap 128.956 billion yuan) in the non-banking financial sector - Yunnan Aluminum (3.81% weight, latest price 24.70, market cap 85.659 billion yuan) in the non-ferrous metals sector - Yanghe Brewery (3.37% weight, latest price 66.20, market cap 99.727 billion yuan) in the food and beverage sector - Tongling Nonferrous Metals (3.18% weight, latest price 5.10, market cap 68.388 billion yuan) in the non-ferrous metals sector [1] Capital Flow Analysis - The net inflow of main funds into the index constituents totaled 56.5973 million yuan, while speculative funds saw a net outflow of 69.8164 million yuan, and retail investors had a net inflow of 13.2191 million yuan [3] - Notable capital flows include: - Changan Automobile experienced a main fund net outflow of 54.1716 million yuan - China Steel International had a main fund net inflow of 31.1027 million yuan - Hikvision saw a main fund net inflow of 27.5848 million yuan [3]

Group 1 - Jianbang Co., Ltd. plans to repurchase shares using self-owned funds between 15 million and 30 million yuan, with a maximum price of 38 yuan per share [1] - Yatong Precision Engineering's investment in a private equity fund has been terminated due to failure to complete the agreed investment, leading to the fund's dissolution [1] - China Storage Co., Ltd. intends to invest 1.129 billion yuan in the Sanjiang Port project, with its wholly-owned subsidiary contributing 500 million yuan to establish a project company [2] Group 2 - Guangxin Co., Ltd. plans to inject assets worth 4.383 billion yuan into its wholly-owned subsidiary, increasing its registered capital from 10 million to 20 million yuan [3] - Jiangxin Home plans to use up to 3 billion yuan of idle self-owned funds for cash management in low-risk financial products [4] - Huangshan Tourism intends to lease part of the Huangshan scenic area for 1.27 billion yuan over a 10-year period [5] Group 3 - Jilin Expressway's general manager has resigned due to work adjustments [6] - Guoyao Modern's subsidiary has received a drug registration certificate for hydromorphone hydrochloride injection, suitable for pain management [8] - Hangya Technology plans to invest up to 70 million USD to establish subsidiaries in Singapore and Malaysia [10] Group 4 - ST Sailong's subsidiary has received approval for the listing of two chemical raw materials [11] - Shanghai Pharmaceuticals' tramadol hydrochloride injection has passed the consistency evaluation for generic drugs [12] - Yubang Electric has obtained a laboratory accreditation certificate from CNAS, indicating its testing capabilities [14] Group 5 - ST Lifang's stock will be subject to delisting risk warning starting December 1 due to administrative penalties [15] - Zhejiang Longsheng is investing 200 million yuan in a private equity partnership focused on high-potential enterprises [15] - Huayang Co., Ltd.'s subsidiary has obtained safety production permits, allowing it to commence production [16] Group 6 - Xujie Electric has won a bid for a State Grid project worth 1.518 billion yuan [17] - Pinggao Electric and its subsidiaries have collectively won a State Grid project worth approximately 773 million yuan [17] - ST Lanhua's subsidiary has entered the trial production phase for a juice beverage project with a total investment of up to 65 million yuan [18] Group 7 - Huakong Saige has terminated its stock issuance plan due to various considerations [19] - Yatong Co., Ltd. plans to invest 36 million yuan to establish a joint venture in renewable energy [20] - Warner Pharmaceuticals has received a drug registration certificate for a new inhalation solution for COPD patients [21] Group 8 - Demais has raised the upper limit for its share repurchase price to 45 yuan per share [22] - China West Electric's subsidiaries have collectively won a State Grid procurement project worth approximately 2.98 billion yuan [22] - Changan Automobile's joint venture has submitted a listing application to the Hong Kong Stock Exchange [23] Group 9 - Yinlun Co., Ltd. plans to invest approximately 133 million yuan to acquire a controlling stake in Shenzhen Deep Blue Electronics [24] - Zhongfu Information intends to increase its wholly-owned subsidiary's capital by 380 million yuan [24] - Financial Street's major shareholder has reduced its stake by 0.25% [25] Group 10 - Audiwei has formally submitted an application for H-share listing [26] - Zhongcai Technology's private placement application has been accepted by the Shenzhen Stock Exchange [27] - Haowei Group's subsidiary plans to invest 200 million yuan in a private equity fund focused on semiconductor investments [28] Group 11 - Jinkai New Energy is planning to transfer 51% of its subsidiary's equity to introduce strategic investors [31] - Huafeng Technology has reduced its fundraising target for a private placement to no more than 972 million yuan [32] - Mindray Medical's chairman plans to increase his stake in the company by 200 million yuan [33] Group 12 - Zhongman Petroleum's shareholders plan to reduce their holdings by up to 3% [35] - Innovation New Materials' shareholder intends to reduce their stake by up to 1% [37] - Guangdong Construction has signed a framework agreement to establish a quality testing base in Linzhi Economic Development Zone [39]

沪指11月28日上涨0.34%，申万所属行业中，今日上涨的有29个，涨幅居前的行业为钢铁、农林牧渔， 涨幅分别为1.59%、1.59%。汽车行业今日上涨1.21%。跌幅居前的行业为银行、煤炭，跌幅分别为 0.83%、0.14%。 汽车行业资金流出榜 | 代码 | 简称 | 今日涨跌幅（%） | 今日换手率（%） | 主力资金流量（万元） | | --- | --- | --- | --- | --- | | 301005 | 超捷股份 | -3.80 | 18.40 | -10061.98 | | 000559 | 万向钱潮 | -1.34 | 4.00 | -7019.21 | | 601127 | 赛力斯 | 0.49 | 1.04 | -6692.55 | | 001233 | C海安 | -4.25 | 29.49 | -4077.46 | | 600933 | 爱柯迪 | -0.93 | 1.10 | -2804.48 | | 002048 | 宁波华翔 | -1.22 | 1.94 | -2736.47 | | 600218 | 全柴动力 | -2.33 | 7.77 | -2367.48 | | ...

债券代码： 148147.SZ 债券简称： 22 长安 K1 关于重庆长安汽车股份有限公司 控股股东股权完成工商变更登记暨间接控股股 东变更的临时受托管理事务报告 发行人 重庆市江北区建新东路 260 号 受托管理人 广东省深圳市福田区中心三路 8 号卓越时代广场（二期）北座 签署日期：2025 年 11 月 截至目前，"22 长安 K1"尚在存续期内。 二、事项基本情况 根据发行人披露的《重庆长安汽车股份有限公司关于控股股东股权完成工商 变更登记暨间接控股股东变更的公告》，发行人控股股东股权已完成工商变更登 记，间接控股股东已完成变更，具体情况如下： （一）本次权益变动的基本情况 经国务院批准，发行人间接控股股东中国兵器装备集团有限公司实施存续分 立，分立为中国兵器装备集团有限公司（存续企业，以下简称"兵器装备集团"） 和中国长安汽车集团有限公司（新设企业，以下简称"中国长安汽车"）。分立 前兵器装备集团所持长安汽车 14.23%股份、辰致汽车科技集团有限公司（以下 简称"辰致集团"）100%股权均分立至中国长安汽车。分立完成后，中国长安汽 车直接及间接合计持有长安汽车 35.04%的股份，成为长安汽车间接 ...