Group 1 - The core point of the article is that FAW Jiefang (SZ 000800) held its 29th meeting of the 10th board of directors on September 26, 2025, via telecommunication, where it reviewed the proposal for appointing a financial auditing agency [1] - For the first half of 2025, FAW Jiefang's revenue composition was entirely from the automotive manufacturing sector, accounting for 100.0% [1] - As of the time of reporting, FAW Jiefang's market capitalization was 34.3 billion yuan [1]

中国国际金融股份有限公司 关于一汽解放集团股份有限公司接受控股股东以委托贷款方式拨付 国有资本经营预算资金暨关联交易的核查意见 中国国际金融股份有限公司（以下简称"中金公司"或"保荐人"）作为一汽解放集 团股份有限公司（以下简称"一汽解放"或"公司"）2023 年度向特定对象发行 A 股股票 项目之保荐人，根据《证券发行上市保荐业务管理办法》《深圳证券交易所股票上市规则》 《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》以及《深圳 证券交易所上市公司自律监管指引第 7 号——交易与关联交易》等相关规定，对一汽解放 接受控股股东以委托贷款方式拨付国有资本经营预算资金暨关联交易的事项进行了核查， 具体情况如下： 一、关联交易概述 （一）委托贷款基本情况 根据《中央企业国有资本经营预算支出执行监督管理暂行办法》（国资发资本规 [2019]92 号）等相关规定，中央企业通过子企业实施资本预算支持事项，采取向实施主体 子企业增资方式使用资本预算资金的，应当及时落实国有资本权益。涉及股权多元化子企 业暂无增资计划的，可列作委托贷款，在具备条件时及时转为股权投资。 为满足国有资本经营预算资金的使用要 ...

证券代码：000800 证券简称：一汽解放 公告编号：2025-068 一汽解放集团股份有限公司 关于拟变更会计师事务所的公告 5. 本次变更会计师事务所符合财政部、国务院国资委、中国证监会印发的 《管理办法》的规定。 一汽解放集团股份有限公司（以下简称"公司"或"本公司"）于 2025 年 9 月 26 日召开第十届董事会第二十九次会议，审议通过了《关于聘任财务审计 机构的议案》和《关于聘任内控审计机构的议案》，公司拟聘任立信会计师事务 所为公司 2025 年度财务及内控审计机构，聘期为一年，上述议案尚需提交公司 股东会审议批准。现将有关事项公告如下： 一、拟变更会计师事务所的基本情况 （一）机构信息 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。 特别提示： 1. 拟聘任的会计师事务所：立信会计师事务所（特殊普通合伙）（以下简 称"立信会计师事务所"） 2. 原聘任的会计师事务所：致同会计师事务所（特殊普通合伙）（以下简 称"致同会计师事务所"） 3. 变更会计师事务所的原因：鉴于致同会计师事务所已连续多年为公司提 供审计服务，为更好地保证审计工作的独立性 ...

证券代码：000800 证券简称：一汽解放 公告编号：2025-069 一汽解放集团股份有限公司 关于接受控股股东以委托贷款方式拨付国有资本经营预算 资金暨关联交易的公告 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、关联交易概述 1、委托贷款基本情况 根据《中央企业国有资本经营预算支出执行监督管理暂行办法》（国资发资 本规[2019]92 号）等相关规定，中央企业通过子企业实施资本预算支持事项， 采取向实施主体子企业增资方式使用资本预算资金的，应当及时落实国有资本权 益。涉及股权多元化子企业暂无增资计划的，可列作委托贷款，在具备条件时及 时转为股权投资。 为满足国有资本经营预算资金的使用要求，根据上述规定，一汽解放集团股 份有限公司（以下简称"公司"）间接控股股东中国第一汽车集团有限公司（以 下简称"中国一汽"）拟以委托贷款方式向公司拨付国有资本经营预算资金（以 下简称"本次交易"）并签署委托贷款协议。本次委托贷款涉及金额 13,600 万元， 借款利率参照人民银行活期基准利率，并按年浮动调整。 3、审议程序 公司于 2025 年 9 月 26 日召开 ...

证券代码：000800 证券简称：一汽解放 公告编号：2025-070 一汽解放集团股份有限公司 关于召开 2025 年第三次临时股东会的通知 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、召开会议的基本情况 1、股东会届次：一汽解放集团股份有限公司（以下简称"公司"）拟召开 2025 年第三次临时股东会。 2、股东会的召集人：公司第十届董事会第二十九次会议审议通过了《关于 召开 2025 年第三次临时股东会的议案》。 3、本次股东会会议召开符合有关法律、行政法规、部门规章、规范性文件、 深圳证券交易所业务规则及《一汽解放集团股份有限公司章程》（以下简称"《公 司章程》"）等规定。 4、会议召开的日期和时间： 现场会议召开日期和时间：2025 年 10 月 13 日下午 15:00； 网络投票日期和时间：2025 年 10 月 13 日。其中，通过深圳证券交易所交 易系统进行网络投票的具体时间为：2025 年 10 月 13 日上午 9:15—9:25，9:30 － 11:30 和 下 午 13:00 － 15:00 ； 通 过 深 圳 证 券 交 易 ...

证券代码：000800 证券简称：一汽解放 公告编号：2025-067 一汽解放集团股份有限公司 第十届董事会第二十九次会议决议公告 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、董事会会议召开情况 1、一汽解放集团股份有限公司（以下简称"公司"）第十届董事会第二十 九次会议通知及会议材料于 2025 年 9 月 19 日以书面或电子邮件等方式向全体 董事送达。 2、公司第十届董事会第二十九次会议于 2025 年 9 月 26 日以通讯方式召开。 3、本次董事会会议应出席董事 9 人，实际出席 9 人。 4、本次会议的召开符合《中华人民共和国公司法》《中华人民共和国证券 法》及《一汽解放集团股份有限公司章程》等有关规定。 二、董事会会议审议情况 （一）关于聘任财务审计机构的议案 1、该议案以9票同意，0票反对，0票弃权获得通过。 2、议案内容：详见公司同日刊登于《证券时报》《中国证券报》和巨潮资讯 网（http://www.cninfo.com.cn）的《关于拟变更会计师事务所的公告》。 3、公司独立董事已召开专门会议审议本议案，一致同意《关于聘任财务 ...

Market Overview - The commercial vehicle sector experienced a decline of 1.28% on September 26, with Hanma Technology leading the drop [1] - The Shanghai Composite Index closed at 3828.11, down 0.65%, while the Shenzhen Component Index closed at 13209.0, down 1.76% [1] Stock Performance - Notable stock performances included: - Shuguang Co., Ltd. (600303) rose by 9.97% to a closing price of 3.86, with a trading volume of 501,900 shares and a turnover of 190 million yuan [1] - Hanma Technology (600375) fell by 6.13% to a closing price of 7.65, with a trading volume of 1,389,300 shares and a turnover of 1.12 billion yuan [2] - Jianghuai Automobile (600418) decreased by 2.27% to 51.63, with a turnover of 401.7 million yuan [2] Capital Flow - The commercial vehicle sector saw a net outflow of 291 million yuan from institutional investors, while retail investors contributed a net inflow of 234 million yuan [2] - The capital flow for specific stocks included: - Shuguang Co., Ltd. had a net inflow of 82.08 million yuan from institutional investors, but a net outflow of 35.01 million yuan from speculative funds [3] - Zhongtong Bus (000957) experienced a net inflow of 12.51 million yuan from institutional investors [3]

Core Insights - The retail sales of commercial vehicles in China for the first eight months of 2025 reached 2.014 million units, representing a year-on-year growth of 7.37% [5] - In August 2025, the retail sales of commercial vehicles were 246,200 units, showing a year-on-year increase of 14.03% but a month-on-month decline of 1.52% [2][5] - The export sales of commercial vehicles for the first eight months of 2025 totaled 714,100 units, with a year-on-year growth of 23.77% [14] - In August 2025, the export sales of commercial vehicles were 94,000 units, reflecting a year-on-year increase of 11.52% but a month-on-month decrease of 0.36% [10] Retail Sales Overview - The top five companies accounted for 38.11% of the retail sales, with Foton Motor, SAIC-GM-Wuling, FAW Jiefang, Sinotruk, and Jiangling Motors leading the market [4][8] - In August 2025, truck sales were 204,300 units, up 17.62% year-on-year, while bus sales were 41,900 units, down 0.76% year-on-year [4] - For the first eight months, truck sales totaled 1.696 million units, with a year-on-year growth of 8.80%, while bus sales reached 318,300 units, with a slight growth of 0.34% [9] Export Sales Overview - The total export value of commercial vehicles in August 2025 was 20.116 billion yuan [10] - In August, truck exports were 83,900 units, up 8.81% year-on-year, while bus exports were 10,100 units, showing a significant year-on-year increase of 40.58% [13] - For the first eight months, truck exports reached 642,600 units, with a year-on-year growth of 22.85%, and bus exports totaled 71,500 units, with a year-on-year growth of 32.78% [17]

Core Viewpoint - The sales of new energy heavy trucks, particularly charging heavy trucks, have shown significant growth, with charging heavy trucks achieving record monthly sales and maintaining a high market share in the new energy heavy truck segment [1][4][32]. Sales Performance - In August 2025, the domestic new energy heavy truck market sold a total of 17,800 units, marking a 182% year-on-year increase and a 7% month-on-month increase [4]. - Charging heavy trucks accounted for 98.66% of the total sales, with 12,000 units sold in August, representing a 246% year-on-year increase and a 6% month-on-month increase [4][15]. - Charging heavy trucks have achieved a remarkable 20 consecutive months of doubling sales, outperforming the overall new energy heavy truck market for 24 consecutive months [32]. Market Share and Competition - As of August 2025, the cumulative sales of charging heavy trucks reached 75,900 units, a 230% increase compared to the same period last year [18][20]. - The top three companies in the charging heavy truck market are SANY, XCMG, and FAW Jiefang, with market shares of 21.04%, 16.25%, and 15.07% respectively [22]. - The competition among the top players is intense, with SANY leading in sales, followed closely by Jiefang and XCMG, all exceeding 9,000 units sold [26]. Segment Analysis - The charging heavy truck segment is primarily composed of traction trucks and dump trucks, which accounted for 69.68% and 13.07% of sales respectively [10][23]. - The sales of charging traction trucks have increased by 331%, significantly outpacing the overall market growth [23]. - Charging dump trucks, while showing a 112% increase, have not performed as strongly as traction trucks, indicating a disparity in growth rates within the segment [28]. Geographic Distribution - By August 2025, charging heavy trucks have been registered in all 31 provincial-level administrative regions in China, with 313 cities having registered charging heavy trucks [12]. - Major cities such as Shanghai, Shenzhen, and Chengdu have seen significant registration numbers, with 11 cities exceeding 1,000 units [12]. Future Outlook - The remarkable growth trajectory of charging heavy trucks raises questions about whether this trend can be sustained in the final months of 2025 [32].

Core Viewpoint - Qingdao is positioning itself as a leader in the automotive industry, particularly in the field of smart connected new energy vehicles, as part of its "10+1" innovative industrial system [1] Group 1: Overall Layout - Qingdao's automotive industry has developed a multi-point layout with distinct characteristics, with Jimo District being the most concentrated area, housing major production bases [2] - In 2024, Jimo's automotive industry is expected to produce over 450,000 vehicles, with new energy vehicles accounting for over 20% [2] - Qingdao has 8 qualified vehicle manufacturers and over 300 automotive enterprises, establishing a complete industrial chain [2] Group 2: Jimo Cluster - Jimo District is the core area of Qingdao's automotive industry, with a significant cluster effect, achieving a vehicle output value of 36.877 billion yuan in the first half of 2025, a year-on-year increase of 8.5% [3] - Chery Automobile has emerged as a leader in Jimo, surpassing FAW-Volkswagen and FAW Jiefang in production for the first time in 2024 [3] - FAW Jiefang produced 72,200 vehicles in the first half of 2025, with a value of 23.849 billion yuan, reflecting a year-on-year growth of 9.22% [3] Group 3: Supporting Efforts - Qingdao is building a collaborative automotive industry chain across the city, with Jimo District focusing on attracting component manufacturers [4] - Jimo aims for a local matching rate of over 40% for core components by 2025, while also enhancing the introduction of key components [4] - The establishment of the Qinfeng Automotive Component Industrial Park is a response to the demand for automotive parts [4] Group 4: New Energy Transition - The rise of new energy vehicles is a key variable for Qingdao's automotive industry, with Chery producing over 92,700 new energy vehicles in 2024, accounting for more than half of the city's total [6] - FAW Jiefang has been focusing on new energy since 2021, with plans for a micro commercial vehicle project that allows for the production of both fuel and new energy vehicles [6] - The West Coast New Area is also actively planning the introduction of new energy vehicle models [6] Group 5: Technological Breakthroughs - Innovations in lightweight materials and new technologies are enhancing the value of automotive products, with FAW Jiefang's new model achieving a weight reduction of 400 kg [7] - Local suppliers are supporting these innovations, with companies like Qingdao Yuyuan New Materials becoming key suppliers for major manufacturers [7] - Qingdao Lind Technology is focusing on lightweight components for new energy commercial vehicles, planning significant R&D investments [7] Group 6: Challenges and Future - The automotive industry in Qingdao is on a growth trajectory, but faces challenges such as the need for improved local matching rates and accelerated transitions to smart connected new energy vehicles [8] - The city aims to leverage regional advantages for collaborative development, targeting a vehicle output of over 1.3 million by 2027, with new energy vehicles making up over 40% [9] - The automotive industry is advancing through comprehensive layout, vehicle-driven growth, supporting follow-ups, new energy transitions, and technological innovations [9]