证券代码：000800 证券简称：一汽解放 公告编号：2025-050 一汽解放集团股份有限公司 关于部分限制性股票回购注销完成的公告 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。 特别提示： 1、一汽解放集团股份有限公司（以下简称"公司"）本次回购注销限制性股票 涉及激励对象30名，回购注销的限制性股票数量共计1,090,201股，占回购注销前公 司总股本的0.0221%。 2、截止本公告披露日，公司已在中国证券登记结算有限责任公司深圳分公司办 理完成上述限制性股票的回购注销手续。本次回购注销完成后，公司总股本由 4,922,371,176股减少至4,921,280,975股。 3、本次限制性股票回购注销事宜符合法律、行政法规、部门规章、规范性文件、 公司章程、《一汽解放集团股份有限公司限制性股票激励计划（草案）》（以下简 称"《限制性股票激励计划（草案）》"）等的相关规定。 公司已于2025年3月28日分别召开第十届董事会第二十四次会议和第十届监事 会第二十次会议，审议通过了《关于第一期限制性股票激励计划预留授予的第三个 解除限售期解除限售条件未成就暨回 ...

Core Viewpoint - In May, the "Heavy Truck First Influence Index" experienced a decline, with a total score of 2152, down 3.8% month-on-month and 14.6% year-on-year, indicating a cautious market response from major manufacturers amid changing market conditions and new policies [4][7]. Group 1: Brand Performance - FAW Jiefang maintained its leading position with a score of 510, supported by significant events in traditional and new energy sectors [7][8]. - China National Heavy Duty Truck Group scored 389, with a net profit of 310 million yuan in Q1 2025, up 13.26% year-on-year, and a market share of 28.3% [12]. - Dongfeng Liuqi Chenglong ranked third with a score of 301, achieving notable marketing success and a record high ranking [14]. Group 2: Key Events - FAW Jiefang secured the title of the best-selling new energy heavy truck in April with 2443 units sold and announced a significant financing deal for smart driving technology [8][19]. - China National Heavy Duty Truck Group introduced a new leadership team, signaling potential strategic changes [12]. - Dongfeng Liuqi Chenglong launched a new energy heavy truck solution and delivered 1000 units to YTO Express, marking a significant partnership [14][16]. Group 3: Market Trends - The overall decline in the Heavy Truck First Influence Index was attributed to the impact of holidays and cautious market behavior following the introduction of scrapping and updating subsidy policies [4][23]. - The introduction of new products was limited, with Shaanxi Automobile launching a 720-horsepower natural gas heavy truck, highlighting a focus on high-performance vehicles [19][21].

Core Viewpoint - The article highlights the successful delivery of 50 JH6 new energy vehicles by FAW Jiefang to Guangxi Panchi Supply Chain Co., showcasing the company's commitment to the new energy vehicle market and its strategic alignment with national goals [2][14]. Group 1: Market Performance - FAW Jiefang achieved a market share of 15.8% in the new energy tractor market from January to May 2025, leading the industry and reflecting strong market recognition of its technological capabilities [2]. - The event in Nanning marked a significant milestone in the green logistics ecosystem, emphasizing the importance of collaboration with local users to create a sustainable future [14]. Group 2: Product and Service Innovation - FAW Jiefang has developed a comprehensive ecosystem covering research and development, infrastructure, and services, offering customized new energy vehicles that meet diverse market demands [5]. - The company has introduced flexible solutions such as battery leasing and vehicle leasing, along with 24/7 safety management services, to address customer pain points related to vehicle purchase and operation [5]. Group 3: Commitment to Quality and Customer Focus - FAW Jiefang emphasizes a customer-centric approach, providing high-quality products and services to support users in their business endeavors [8][14]. - The signing of new contracts during the event demonstrated customers' strong confidence in FAW Jiefang's new energy products, reinforcing the company's commitment to innovation and service excellence [10][14].

近年来，菲律宾经济增速居东南亚前列，电商市场保持年增长超20%的态势，物流需求快速攀 升。作为一个由7000多个岛屿组成的国家，高效而可靠的运输网络对保障商品流通至关重 要。 本次交付的36台虎V轻卡快递专用车，均基于一汽解放自主研发平台打造，搭载高效动力总 成，经过高温、高湿、多雨等极端环境测试。针对热带气候，工程师专门强化了散热系统；针 对岛屿道路碎石较多、坡道较陡的特点，又对底盘通过性进行了优化调整，确保车辆在"高可 靠性、高经济性、低维护成本"方面具备显著优势。 本次一汽解放同J&T EXPRESS PH的合作，是继墨西哥、泰国合作后的第三次合作，不仅是 对一汽解放产品超低油耗等优势的认可，也是双方共同开拓菲律宾快递物流新蓝海的关键一 步。未来，一汽解放与J&T Express PH将成立"一汽解放与J&T车辆技术组"，针对快递轻量 化、大容量、长续航需求开发专属车型，并共享智能车队管理系统，共同打造菲律宾智慧物 流。 近日，一汽解放在菲律宾QSJ工厂向J&T Express PH交付首批36台虎V轻卡快递专用车。本 次一汽解放同J&T Express PH的合作标志着一汽解放重磅进军菲律宾快递物流市 ...

Core Insights - The trend of "oil and electricity at the same price" is leading to a rapid penetration of electric hybrid vehicles into the 100,000 yuan price range, making it one of the most competitive segments in the domestic automotive market by 2025 [1][2] - The introduction of models like the First Automobile Works (FAW) Bestune Yuyi 07 and Haval's second-generation Haval Xiaolong MAX at competitive prices is drawing significant attention from the industry [1][3] - The market for plug-in hybrid electric vehicles (PHEVs) is expanding, with over 15 new models launched in the 100,000 yuan segment since January 2025, indicating a shift in consumer preferences towards hybrid technology [1][9] Market Dynamics - The 100,000 yuan price segment is no longer a stronghold for traditional fuel vehicles but is becoming a battleground for electric hybrid models, reflecting the cost control capabilities of domestic brands [1][2] - J.D. Power's report indicates that the proportion of PHEV users has increased by 9 percentage points to 41.5% since 2025, showcasing growing acceptance of hybrid technology among consumers [2] - The demand for higher electric range, lower fuel consumption, and advanced technology features is becoming central to consumer preferences in the 100,000 yuan market [2][3] Competitive Landscape - Major brands are launching competitively priced hybrid models with advanced features that were previously reserved for mid-to-high-end vehicles, such as intelligent cockpit systems and driving assistance functions [3][4] - The introduction of models like the Bestune Yuyi 07, Haval Xiaolong MAX, and Hongqi HS3 PHEV demonstrates the competitive strategies of leading brands to capture market share [3][8] - The automotive industry is experiencing a transformation, with a focus on platform technology and cost reduction, leading to a reshaping of the 100,000 yuan PHEV market [4][5] Future Outlook - The PHEV market is expected to see significant growth, with predictions that the proportion of PHEVs in the new energy vehicle segment could reach 60% in the coming years [9] - FAW's strategy to focus on new energy vehicles and the restructuring of its product lineup indicates a commitment to capturing a larger share of the hybrid market [7][8] - The competitive landscape will require brands to have sharp market insights and the ability to address consumer pain points effectively [6][7]

中经记者 陈燕南 北京报道 《五部门关于开展2025年新能源汽车下乡活动的通知》（以下简称"《通知》"）显示，选取满足乡村地 区使用需求、口碑好、质量可靠的新能源车型，开展展览展示、试乘驾驶等活动。 据了解，今年车型目录中共有124款车型，相比之下，2020—2024年分别为60款、52款、70款、69款、 99款。除了数量进一步扩大，车型种类也更丰富。不仅有常见的家用车型，还包括越野车、商用车，以 及皮卡、轻卡等适合农村使用场景的车型，价格从几万元到几十万元不等，为农村消费者提供了更广泛 的选择空间。 值得关注的是，此次进入目录的车企也数量更多，一汽、理想、长城、一汽丰田、郑州日产、北汽福 田、潍柴新能源商用车等都涵盖在内。 广州眺远营销咨询公司总监高承飞则对记者表示，此次新能源汽车下乡活动，车型数量大幅增加至124 款，这不仅为消费者提供了更丰富的选择，也体现了新能源汽车市场的日益成熟和多元化。 "相比以往，此次下乡活动更注重车型的适配性，针对农村及三四线城市的路况、使用场景和消费者需 求，筛选出更多适合的车型，如小型SUV、微型电动车等，这些车型在续航、空间和价格上更具优势， 能够更好地满足农村消费者日 ...

Core Viewpoint - The company, FAW Jiefang, is accelerating its global expansion and intelligent transformation amidst profound changes in the global automotive industry, showcasing China's manufacturing competitiveness through strategic actions and innovations [2]. Global Layout: Deepening International Cooperation and Expanding Global Market - FAW Jiefang's chairman emphasized that the global transition to new energy will accelerate, with the penetration rate of new energy in commercial vehicles expected to exceed 15% in the next five years [3]. - The company has maintained the top position in heavy truck sales in China for nine consecutive years, with cumulative sales exceeding 9 million units, and has seen rapid growth in both new energy and overseas sales for three consecutive years [3]. - During a visit to Saudi Arabia, FAW Jiefang signed multiple strategic cooperation agreements, totaling nearly 10,000 units, covering key sectors such as infrastructure, mineral transportation, and road logistics, further solidifying its leading position in the Saudi commercial vehicle market [3]. Overseas Market Expansion - FAW Jiefang launched the J6P heavy truck in Senegal, tailored for the African market, particularly suitable for long-distance logistics, infrastructure construction, and mineral transportation [4]. - The collaboration with TRACTAFRIC Group aims to enhance product localization, service networks, and parts supply systems, thereby improving customer satisfaction and injecting new momentum into modern transportation in West Africa [4]. Intelligent Development: Breaking Core Technologies and Leading Industry Innovation - FAW Jiefang achieved a significant breakthrough in autonomous driving technology with the successful launch of L4-level logistics unmanned vehicles, integrating core technologies for smart logistics solutions [5]. - The company aims to reduce labor costs and enhance logistics efficiency through advanced technologies, with expectations for commercial autonomous driving in commercial vehicles to reach a turning point by 2026 [6]. - FAW Jiefang's AI-driven project in commercial vehicle R&D has been recognized as a leading enterprise in Jilin Province, accumulating over 3,500 high-value technical insights to enhance decision-making and optimize R&D efficiency [6]. Strategic Collaborations - FAW Jiefang signed a strategic cooperation agreement with CATL to jointly develop bottom-swappable battery models for heavy trucks, marking a significant step in the new energy heavy truck sector [7]. - The company is committed to deepening international cooperation and expanding its global market presence while increasing investment in intelligent development, focusing on breakthroughs in key technologies such as intelligent driving and vehicle networking [7].

Overview - The automotive audio market in China is experiencing rapid growth, with a projected market size of 68.618 billion yuan in 2024, representing a year-on-year increase of 4.60% [1][12] - Consumers are increasingly willing to pay higher prices for high-quality audio systems, leading to diverse demands for sound quality, functionality, and design [1][12] Market Policies - The Chinese government has implemented various policies to support the development of the automotive audio industry, including the "14th Five-Year" technology innovation plans and initiatives for recycling and upgrading equipment [5][7] Industry Chain - The automotive audio industry relies on upstream suppliers of metal materials and electronic components, while downstream demand comes primarily from automotive manufacturers, repair services, and customization markets [8][10] Current Development - The automotive audio market is predominantly driven by the pre-installed market, which accounts for over 90% of the total market, as manufacturers integrate audio systems into vehicles before sale [12] Competitive Landscape - The automotive audio market has high entry barriers, with domestic brands gradually breaking the dominance of foreign brands through improved quality and localized services [15] - Key players in the industry include companies like Aisico, Suzhou Shangsheng Electronics, and Guangdong HiVi Technology, with significant market presence in regions like Guangdong and Zhejiang [15][17][19] Future Trends - The integration of automotive audio systems with AI, IoT, and 5G technologies is expected to enhance user experience through smart voice assistants and personalized audio configurations [21]

Core Viewpoint - The heavy truck industry in China experienced significant growth in May 2025, with wholesale sales, domestic terminal sales, electric heavy trucks, and diesel heavy trucks all showing year-on-year increases, indicating a positive trend in the market [1][3][23]. Group 1: Market Performance - In May 2025, approximately 85,000 heavy trucks were sold in China, representing a 9% increase compared to the same month last year, despite a slight month-on-month decrease of 3% [3][5]. - Cumulatively, from January to May 2025, the heavy truck market recorded sales of about 437,500 units, showing a small year-on-year increase of approximately 1% [5]. - The "old-for-new" policy for National IV trucks has significantly stimulated new truck purchases, contributing to the growth in sales [6]. Group 2: Segment Analysis - The export wholesale volume of heavy trucks is expected to decline by over 10% in May, indicating ongoing pressure in the export market [7]. - Domestic terminal heavy truck sales are projected to have increased by over 20% year-on-year in May, despite a slight month-on-month decrease of around 5% [7]. - Sales of natural gas trucks fell to below 15,000 units, marking a new low in four months, with a year-on-year decline expected to exceed 30% [8]. - New energy heavy trucks are anticipated to have sold over 15,000 units in May, reflecting a year-on-year growth of approximately 190%, with a market penetration rate exceeding 23% [8][11]. Group 3: Company Performance - China National Heavy Duty Truck Group (CNHTC) led the market with sales of approximately 23,000 heavy trucks in May, a 13% year-on-year increase [12][15]. - Dongfeng Motor Corporation sold about 15,000 heavy trucks in May, achieving a year-on-year growth of 49% [15][17]. - FAW Jiefang sold around 14,000 heavy trucks in May, with a cumulative sales figure of approximately 81,500 units from January to May, maintaining a market share of about 18.6% [15][19]. - Beiqi Foton and XCMG showed the highest growth rates among major companies, with Foton's sales increasing by 73% year-on-year in May [17][19]. Group 4: Future Outlook - The heavy truck market is expected to continue its growth trend in June, driven by the acceleration of old vehicle scrapping and replacement policies [23]. - The decline in natural gas truck sales is anticipated to narrow to single digits in June, creating conditions for a rebound in the second half of the year [23]. - The sales of electric heavy trucks are expected to reach new highs in the latter half of the year, supported by various favorable policies [23].

Core Viewpoint - The new energy tractor truck market in China has experienced rapid growth since 2025, with significant year-on-year increases in sales, particularly during the peak seasons of March and April, and a remarkable surge in May [1][28]. Group 1: Market Performance - In March and April 2025, new energy tractor trucks achieved year-on-year growth rates of 253% and 288%, respectively, outpacing the overall growth of the new energy heavy truck market [1][28]. - In May 2025, the market added 10,000 new energy tractor trucks, marking a year-on-year increase of 326%, which is 4.3 times the sales volume of May 2024 [4][5]. - The cumulative sales of new energy tractor trucks from January to May 2025 reached nearly 40,000 units, reflecting a year-on-year increase of 266% [17][20]. Group 2: Regional Insights - In May 2025, 30 provincial-level administrative regions in China reported new additions of new energy tractor trucks, with 21 regions adding over 100 units each [6]. - Shanghai led the regions with over 2,500 new energy tractor trucks added in May, followed by Sichuan and Shanxi with over 800 units each [6][7]. Group 3: Company Performance - In May 2025, five companies sold over 1,000 new energy tractor trucks, with Jiefang leading the sales with 1,680 units, followed by SANY and XCMG with 1,460 and 1,433 units, respectively [9][12]. - The top ten companies in the new energy tractor truck market saw significant year-on-year growth, with Jiefang, XCMG, and others achieving increases of over 300% [15][22]. - The market share of the top five companies, including Jiefang and XCMG, exceeded 10%, with Jiefang holding a share of 16.13% [25].