Core Viewpoint - In 2025, FAW Jiefang continued to lead the industry in brand building and marketing promotion, achieving significant sales growth and market share, while also making strides in technology and innovation [1][4][10]. Group 1: Sales and Market Performance - FAW Jiefang's total vehicle sales exceeded 280,000 units in 2025, marking a year-on-year increase of 10.3%, maintaining positive growth for three consecutive years [4]. - The sales of medium and heavy trucks reached 255,000 units, with a domestic market share of 22.5%, solidifying its position as the industry leader [4]. - In the new energy segment, sales reached 45,000 units, representing a remarkable year-on-year increase of 185%, continuing a trend of doubling sales for three consecutive years [4]. - The company exported over 60,000 units, achieving a year-on-year growth of 5.2%, and ranked second in the industry for exports, with the highest compound growth rate [4]. Group 2: Product Innovation and Technology - FAW Jiefang launched 129 new products in 2025, significantly improving quality metrics through a "three-year quality campaign" [6]. - The company introduced advanced products such as the J6G Pro series and the "Eagle Array" series, which cater to diverse logistics scenarios [8]. - The launch of the liquid hydrogen heavy truck in December 2025 marked a significant technological achievement, demonstrating a range of over 1,000 kilometers and contributing to the commercialization of liquid hydrogen technology [10]. Group 3: Strategic Partnerships and Orders - FAW Jiefang established long-term strategic partnerships, securing significant orders such as a 3,500-unit agreement for new energy heavy trucks with Xinjiang Jiuzhou Hengchang [11]. - In April, the company achieved a record order of 10,000 units for J6L pure electric vehicles, setting a new benchmark for single-category orders in the heavy truck sector [11]. - The company continued to attract attention with large orders throughout the year, including 1,858 units from logistics companies in September and 6,000 units during a live broadcast event in November [13]. Group 4: Brand Promotion and Market Expansion - FAW Jiefang kicked off its brand promotion at the Shenzhen International Commercial Vehicle Expo, enhancing its market penetration in Southern China [15]. - The company held multiple events throughout the year to deepen its ecological layout, including the launch of the "Jiefang Green Movement" brand, which signifies a new model integrating vehicles, aftermarket, and green ecology [15]. - The year concluded with the 2026 Global Partner Conference, where FAW Jiefang set its sales targets and showcased its strategic plans, further solidifying its industry leadership [17].

截至本公告披露日，王建勋先生持有公司股份 93,617 股。王建勋先生将严 格遵守《上市公司董事、监事和高级管理人员所持本公司股份及其变动管理规则》 《深圳证券交易所上市公司自律监管指引第 18 号——股东及董事、高级管理人 员减持股份》等规定，不存在其他应当履行而未履行的承诺事项。 王建勋先生的辞职不会影响公司正常经营管理，王建勋先生将按照公司相关 规定做好工作交接。王建勋先生在担任公司董事会秘书期间勤勉尽职，为公司的 持续发展和规范运作做出了重要贡献，公司董事会对王建勋先生在任职期间做出 的贡献表示肯定和衷心感谢！ 根据《公司法》《深圳证券交易所股票上市规则》和《公司章程》等相关规 定，在公司董事会秘书空缺期间，暂由公司董事兼总经理于长信先生代行董事会 秘书职责，公司将尽快按照法定程序完成新任董事会秘书的聘任工作。 特此公告。 一汽解放集团股份有限公司 证券代码：000800 证券简称：一汽解放 公告编号：2026-001 一汽解放集团股份有限公司 关于公司董事会秘书辞职的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一汽解放集团股份有限公司（以下 ...

一汽解放公告，公司董事会秘书王建勋先生因工作调整原因，申请辞去公司董事会秘书的职务，辞职后 仍在公司担任其他职务。王建勋先生持有公司股份93617股。在公司董事会秘书空缺期间，暂由公司董 事兼总经理于长信先生代行董事会秘书职责，公司将尽快按照法定程序完成新任董事会秘书的聘任工 作。 ...

证券之星消息，1月22日商用车板块较上一交易日上涨0.14%，金龙汽车领涨。当日上证指数报收于4122.58，上涨0.14%。深证成指报收于 14327.05，上涨0.5%。商用车板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 600686 | 金龙汽车 | 21.97 | 8.82% | 51.32万 | | 10.87亿 | | 600166 | 福田汽车 | 3.28 | 5.47% | 282.77万 | | 9.08亿 | | 301039 | 中隼车辆 | 9.72 | 2.53% | - 20.11万 | | 1.94亿 | | 000868 | 安凯客车 | 5.05 | 2.02% | 16.63万 | | 8344.34万 | | 000957 | 中通客车 | 12.01 | 1.95% | 26.40万 | | 3.14亿 | | 600303 | 曙光股份 | 3.34 | 1.83% | 18.19万 | | 6029.37万 | ...

智通财经APP获悉，据第一商用车网消息，2025年我国天然气重卡累计销售19.87万辆，同比增长12%， 约比2024年全年累计多销售约2.05万辆。市场份额方面，共5家企业份额超过10%，排名前2位的解放 (000800.SZ)和重汽(000951.SZ)份额超过20%，分别达到27.8%和21.6%；东风、陕汽和福田市场份额分 别为18.4%、15.6%和13.2%；排名第6位的北汽重卡份额为2.2%，其他企业市场份额均不足0.5%。 12月实销1.25万辆，环比下降35%，同比增长31% 根据第一商用车网掌握的终端销量数据(交强险口径，不含出口和军品)，2025年12月份，国内天然气重 卡实销1.25万辆，环比2025年11月份下降35%，同比则继续实现增长，增幅为31%，虽较上月(+71%)缩 窄不少，但也保持连增之态，在8-12月份收获一波同比"5连增"。 由最近五年国内天然气重卡终端销量月度走势图可见，1月份和2月份，代表2025年的红色柱体比之前任 何一年都高，但自3月份开始，红色柱体比代表2024年的蓝色柱体明显要矮许多，2025年3-7月份销量在 近五年里均排在第2高位(1月份和2月份都是五 ...

Core Viewpoint - The domestic natural gas heavy truck market in China has achieved a record annual sales of 198,700 units in 2025, marking a 12% year-on-year increase compared to 2024, with a notable trend of continuous growth from August to December 2025 [1][28]. Sales Performance - In December 2025, the actual sales of natural gas heavy trucks reached 12,500 units, representing a 31% year-on-year increase but a 35% decrease compared to November 2025 [3][15]. - The overall heavy truck market in December 2025 saw sales of 84,000 units, with natural gas heavy trucks accounting for 14.9% of this total, down from 25.26% in November [7][21]. Monthly Trends - The monthly sales data for the past five years indicates that January and February 2025 had the highest sales figures, while from March to July, sales were the second highest in the last five years [5]. - The months of November and December 2025 recorded the highest sales figures in the last five years for natural gas heavy trucks [5]. Price Influence - Natural gas prices in 2025 fluctuated moderately, with January and February averaging around 4,400 RMB/ton, peaking at nearly 4,600 RMB/ton in March and April, and dropping to just above 4,100 RMB/ton in December [11]. Regional Distribution - In 2025, all 31 provincial-level administrative regions in China had registered natural gas heavy trucks, with significant sales concentrated in resource-rich provinces such as Hebei, Shandong, Shanxi, and Henan [11][13]. - Hebei ranked first with a market share of 14.4%, followed by Shandong, Shanxi, and Henan, each exceeding 16,000 units sold [11]. Company Performance - In December 2025, the top five companies in natural gas heavy truck sales were: FAW Jiefang (3,500 units), China National Heavy Duty Truck Group (2,780 units), Dongfeng Motor Corporation (2,202 units), Foton Motor (1,879 units), and Shaanxi Automobile Group (1,760 units) [17][18]. - For the entire year of 2025, FAW Jiefang sold 55,300 units, maintaining a market share of 27.8%, while other companies like Dongfeng and Foton saw significant growth in their sales [24][26]. Market Share Dynamics - In 2025, five companies held over 10% market share, with FAW Jiefang and China National Heavy Duty Truck Group exceeding 20% [26]. - Compared to 2024, companies like Dongfeng and Foton saw their market shares increase by 3.3 and 3.1 percentage points, respectively, while others experienced declines [26].

12月销1.34万辆，同比增长15%，收获"4连增" 第一商用车网最新获悉，根据中汽协数据（企业开票数口径，非终端实销口径，下同） 2025年12月份，我国卡车市场（含底盘、牵引车）共计销售36.10万辆，环比11月份增长 7%，同比增长17%。这其中，中型卡车市场（含底盘）销售1.34万辆，环比增长40%， 同比增长15%，同比增幅与上月（+15%）持平，收获一波同比"4连增"。 自2025年9月份起，此前连续6个月遭遇同比下滑的中卡市场收获了一波"3连增"，11月过 后累计销量降幅为5%，保留着全年销量正增长的希望。 那么，中卡市场最终能以增长的姿态收官2025年吗？ 请看第一商用车网的分析报道。 纵观近五年12月份中卡销量及增幅走势图可见，中卡市场在最近五年的12月份走出一个 降-降-增-增-增的走势，最近五年12月的中卡市场三次破万辆，2025年12月份1.34万辆 的销量在近五年里排第二，比2024年12月份净增长约1700辆。从累计销量看，2025年全 年中卡市场累计销售12.51万辆，在最近五年排第三位，属于中等水平，比五年最高的 2021年累计少销售约5.37万辆，比2024年累计少销售约25 ...

2025年，新能源商用车市场迎来高光时刻，成为汽车赛道中"最靓的仔"。中国汽车工业协会数据显示， 2025年我国新能源商用车销量达95.4万辆，同比增长65.5%，远高于汽车行业整体销量增速，国内市场 渗透率已连续4个月突破30%。 业内人士认为，30%的市场渗透率标志着新能源商用车已进入规模化应用新阶段，伴随着产品力持续跃 升、补能体系加速成型，行业逐步从政策驱动向市场驱动转型换挡。 当电动化行进到一定阶段，新能源商用车的竞争维度也在持续进阶，具备智能化、出海能力以及生态整 合能力的车企，有望构建长效发展闭环，在新一轮行业洗牌中脱颖而出。 渗透率持续冲高 "近两年，明显感受到新能源商用车的市场接受度变高了，以前我们需要在营销端费力拓客，现在经常 有客户主动上门咨询，甚至直接下单。2025年，门店的业务增量几乎全部由新能源品类贡献，目前新能 源车型销售占比已经突破80%。"华东地区一位重卡经销商告诉证券时报记者，相比于燃油版本，电动 重卡利润更高，客户黏性也更强。 前述经销商感受到的情况，从新能源商用车销售数据中可以得到印证。据中国汽车工业协会数据，2025 年，我国新能源商用车国内销量87.1万辆，同比增长 ...

Group 1: Regulatory Changes - The Ministry of Industry and Information Technology (MIIT) has revised the "Access Review Requirements for Road Motor Vehicle Production Enterprises" and "Access Review Requirements for Road Motor Vehicle Products," effective from January 1, 2027 [1] - The revised "Enterprise Review Requirements" includes 163 articles, maintaining the original framework while enhancing requirements for intelligent and connected capabilities, cybersecurity, data security, and software upgrades [2] - The "Product Review Requirements" have been updated to include safety, environmental, energy-saving, and anti-theft standards, with a focus on reliability testing and the integration of new technologies and materials [2] Group 2: Industry Developments - Hongqi's first solid-state battery prototype has successfully passed extreme heat abuse tests, achieving a high ionic conductivity of over 10 mS/cm [3] - Changan Automobile and Midea Group have signed a comprehensive strategic cooperation agreement to deepen collaboration in digitalization, smart manufacturing, and logistics [4] - Samsung Display will supply three types of car-mounted OLED screens for Zeekr's flagship SUV model, Zeekr 9X, starting in 2024 [5] - Zeekr has established a new sales service company in Taizhou, Zhejiang, with a registered capital of 5 million RMB, focusing on the sale of electric vehicles and related components [6] - Volkswagen Group plans to reduce the number of board members in its core brand group by one-third by summer 2026, aiming to streamline management and achieve cost savings of 1 billion euros by 2030 [7] - Ford is recalling over 119,000 vehicles in the U.S. due to a fire risk associated with engine block heaters, urging affected owners to contact dealers for free inspections [8]

Core Viewpoint - The commercial vehicle sector experienced a slight increase of 0.74% on January 21, with Jianghuai Automobile leading the gains. The Shanghai Composite Index rose by 0.08%, while the Shenzhen Component Index increased by 0.7 [1]. Group 1: Stock Performance - Jianghuai Automobile (600418) closed at 52.45, up by 2.84%, with a trading volume of 618,400 shares and a transaction value of 3.209 billion [1]. - China National Heavy Duty Truck (000951) closed at 17.30, up by 1.35%, with a trading volume of 162,600 shares and a transaction value of 280 million [1]. - Foton Motor (600166) closed at 3.11, up by 1.30%, with a trading volume of 1,453,300 shares and a transaction value of 450 million [1]. - Other notable performances include Zhongtong Bus (000957) at 11.78, up by 0.43%, and Shuguang Co. (600303) at 3.28, up by 0.31% [1]. Group 2: Capital Flow - The commercial vehicle sector saw a net inflow of 417 million from institutional investors, while retail investors experienced a net outflow of 249 million [2]. - Major stocks like Jianghuai Automobile had a net inflow of 274 million from institutional investors, indicating strong institutional interest [3]. - Conversely, stocks like King Long Motor (600686) and China National Heavy Duty Truck (000951) faced significant net outflows from retail investors, suggesting a shift in investor sentiment [3].