（文章来源：证券日报） 证券日报网讯 11月28日，安凯客车在互动平台回答投资者提问时表示，截至2025年11月20日，公司股 东总户数为48，994户。 ...

Core Viewpoint - The commercial vehicle sector experienced a slight increase of 0.01% on November 26, with CIMC Vehicles leading the gains, while the overall market showed mixed results with the Shanghai Composite Index down by 0.15% and the Shenzhen Component Index up by 1.02% [1] Group 1: Market Performance - The closing price for CIMC Vehicles was 9.90, reflecting a rise of 1.96% with a trading volume of 123,100 shares and a transaction value of 121 million yuan [1] - Yutong Bus closed at 31.06, up by 0.55%, with a trading volume of 76,200 shares and a transaction value of 236 million yuan [1] - JAC Motors closed at 49.02, increasing by 0.22%, with a trading volume of 236,500 shares and a transaction value of 1.158 billion yuan [1] - Foton Motor remained unchanged at 2.75, with a trading volume of 840,200 shares and a transaction value of 232 million yuan [1] - Hanma Technology closed at 6.22, unchanged, with a trading volume of 223,800 shares and a transaction value of 139 million yuan [1] - Golden Dragon Bus decreased slightly by 0.13% to 15.34, with a trading volume of 175,000 shares and a transaction value of 270 million yuan [1] Group 2: Fund Flow Analysis - The commercial vehicle sector saw a net outflow of 77.49 million yuan from institutional investors, while retail investors experienced a net outflow of 12.79 million yuan [2] - Conversely, speculative funds recorded a net inflow of 90.28 million yuan [2] - The detailed fund flow for specific stocks indicates that China National Heavy Duty Truck had a net inflow of 6.327 million yuan from institutional investors, while Foton Motor saw a net inflow of 5.674 million yuan [3] - Ankai Bus experienced a significant net outflow of 8.657 million yuan from institutional investors, indicating a negative sentiment towards the stock [3]

Core Insights - Anhui Ankai Automobile Co., Ltd. has obtained a patent for an "Intelligent Driving Line Control Steering System," with the authorization announcement number CN 119078945 B, and the application date is September 2024 [1] Company Overview - Anhui Ankai Automobile Co., Ltd. was established in 1997 and is located in Hefei City, primarily engaged in the automotive manufacturing industry [1] - The company has a registered capital of 9,395.14735 million RMB [1] - According to Tianyancha data analysis, Anhui Ankai has invested in 19 enterprises and participated in 1,783 bidding projects [1] - The company holds 90 trademark registrations and 2,969 patent registrations, in addition to having 143 administrative licenses [1]

Market Overview - The commercial vehicle sector experienced a decline of 1.05% on November 20, with Dongfeng Motor leading the drop [1][3] - The Shanghai Composite Index closed at 3931.05, down 0.4%, while the Shenzhen Component Index closed at 12980.82, down 0.76% [1] Individual Stock Performance - Yutong Bus (600066) closed at 31.10, up 0.52% with a trading volume of 79,800 shares and a transaction value of 247 million yuan [1] - Dongfeng Motor (600006) closed at 7.69, down 2.78% with a trading volume of 473,800 shares and a transaction value of 367 million yuan [3] - Other notable declines include Jianghuai Automobile (600418) down 2.06% and Hanma Technology (600375) down 1.93% [3] Fund Flow Analysis - The commercial vehicle sector saw a net outflow of 240 million yuan from institutional investors, while retail investors contributed a net inflow of 101 million yuan [4] - Notable stock fund flows include: - FAW Jiefang (000800) with a net inflow of 8.51 million yuan from institutional investors [4] - China National Heavy Duty Truck (000951) with a net outflow of 5.23 million yuan from institutional investors [4] ETF Information - The 500 Quality Growth ETF (product code: 560500) tracking the CSI 500 Quality Growth Index has seen a decline of 3.03% over the past five days [6] - The ETF's current price-to-earnings ratio stands at 17.27, with a recent reduction in shares by 1 million, resulting in a net redemption of 1.148 million yuan [6]

Core Insights - The commercial vehicle sector experienced a 0.72% increase on November 19, with CIMC Vehicles leading the gains [1] - The Shanghai Composite Index closed at 3946.74, up 0.18%, while the Shenzhen Component Index closed at 13080.09, unchanged [1] Commercial Vehicle Sector Performance - CIMC Vehicles (301039) closed at 10.12, up 2.33% with a trading volume of 183,100 shares and a turnover of 185 million yuan [1] - JAC Motors (600418) closed at 49.98, up 1.96% with a trading volume of 553,800 shares and a turnover of 2.794 billion yuan [1] - Yutong Bus (600066) closed at 30.94, up 1.61% with a trading volume of 161,100 shares and a turnover of 18.8 million yuan [1] - Dongfeng Motor (600006) closed at 7.91, up 0.25% with a trading volume of 459,300 shares and a turnover of 363 million yuan [1] - China National Heavy Duty Truck Group (000951) closed at 17.25, up 0.17% with a trading volume of 63,100 shares [1] - Hanma Technology (600375) closed at 6.72, up 0.15% with a trading volume of 340,100 shares and a turnover of 22.7 million yuan [1] - Jiangling Motors (000550) closed at 19.27, down 0.67% with a trading volume of 28,400 shares and a turnover of 5.5 million yuan [1] - FAW Jiefang (000800) closed at 7.27, down 0.82% with a trading volume of 263,200 shares and a turnover of 192 million yuan [1] - Ankai Bus (000868) closed at 5.28, down 1.31% with a trading volume of 125,400 shares and a turnover of 6.624 million yuan [1] - Zhongtong Bus (000957) closed at 11.10, down 1.42% with a trading volume of 148,800 shares and a turnover of 166 million yuan [1] Fund Flow Analysis - The commercial vehicle sector saw a net inflow of 223 million yuan from institutional investors, while retail investors experienced a net outflow of 1.32 billion yuan [2] - Major stocks like JAC Motors had a net inflow of 32.3 million yuan from institutional investors, but a net outflow of 123.6 million yuan from retail investors [3] - Zhongtong Bus experienced a net outflow of 15.24 million yuan from institutional investors, while retail investors had a net inflow of 13.21 million yuan [3]

Market Overview - The commercial vehicle sector experienced a decline of 1.48% on November 18, with Jinlong Automobile leading the drop [1] - The Shanghai Composite Index closed at 3939.81, down 0.81%, while the Shenzhen Component Index closed at 13080.49, down 0.92% [1] Individual Stock Performance - Foton Motor (600166) closed at 2.95 with no change, while Yutong Bus (600066) fell by 0.94% to 30.45 [1] - JAC Motors (600418) decreased by 1.21% to 49.02, and FAW Jiefang (000800) also saw a decline of 1.21% to 7.33 [1] - Other notable declines included Ankai Bus (000868) down 1.29% to 5.35 and Jiangling Motors (000550) down 1.37% to 19.40 [1] Trading Volume and Capital Flow - The commercial vehicle sector saw a net outflow of 148 million yuan from main funds, while retail investors contributed a net inflow of 70.25 million yuan [2] - The trading volume for Foton Motor was 1.7351 million shares, with a transaction value of 514 million yuan [1] Fund Flow Analysis - FAW Jiefang experienced a net outflow of 21.46 million yuan from main funds, while it attracted a net inflow of 23.61 million yuan from speculative funds [3] - Jinlong Automobile had a net outflow of 12.43 million yuan from main funds, but saw a net inflow of 29.20 million yuan from retail investors [3] - Overall, the fund flow indicates a mixed sentiment among different investor types within the commercial vehicle sector [3]

Market Overview - The commercial vehicle sector experienced a decline of 0.8% on November 14, with Jinlong Automobile leading the drop [1] - The Shanghai Composite Index closed at 3990.49, down 0.97%, while the Shenzhen Component Index closed at 13216.03, down 1.93% [1] Stock Performance - Among the commercial vehicle stocks, Zhongji Vehicles saw a significant increase of 4.49%, closing at 10.24 [1] - Other notable performances include: - FAW Jiefang: +0.68% at 7.44 - Jiangling Motors: unchanged at 19.56 - Dongfeng Motor: unchanged at 7.90 - Yutong Bus: -0.29% at 31.43 - Foton Motor: -0.34% at 2.95 [1][2] Trading Volume and Capital Flow - The commercial vehicle sector had a net outflow of 301 million yuan from institutional investors, while retail investors saw a net inflow of 283 million yuan [2] - The trading volume for Zhongji Vehicles was 392,600 shares, with a transaction value of 405 million yuan [1] Individual Stock Capital Flow - Dongfeng Motor had a net inflow of 4.04 million yuan from institutional investors, while it faced a net outflow of 13.47 million yuan from speculative funds [3] - FAW Jiefang experienced a net inflow of 2.29 million yuan from institutional investors, but a net outflow of 16.28 million yuan from retail investors [3] - Ankai Bus saw a significant net outflow of 21.14 million yuan from institutional investors, despite a net inflow of 9.48 million yuan from retail investors [3]

Group 1 - The commercial vehicle sector increased by 0.72% on November 13, with King Long Automobile leading the gains [1] - The Shanghai Composite Index closed at 4029.5, up 0.73%, while the Shenzhen Component Index closed at 13476.52, up 1.78% [1] - The top 10 gainers in the commercial vehicle sector included King Long Automobile, which rose by 10.01% to a closing price of 16.60 [1] Group 2 - The net inflow of main funds in the commercial vehicle sector was 47.90 million yuan, while retail investors saw a net inflow of 13.99 million yuan [1] - The top stocks by trading volume included King Long Automobile with 569,400 shares traded and a transaction value of 9.22 million yuan [1] - The overall trading activity showed a mixed trend with main funds flowing in while speculative funds experienced a net outflow of 61.90 million yuan [1]

Core Insights - The commercial vehicle sector saw a rise of 1.62% on November 12, with Jianghuai Automobile leading the gains [1] - The Shanghai Composite Index closed at 4000.14, down 0.07%, while the Shenzhen Component Index closed at 13240.62, down 0.36% [1] Commercial Vehicle Sector Performance - Jianghuai Automobile (600418) closed at 48.76, up 5.63% with a trading volume of 795,300 shares [1] - Yutong Bus (600066) closed at 31.76, up 1.02% with a trading volume of 99,500 shares [1] - King Long Automobile (600686) closed at 60.51, up 0.27% with a trading volume of 167,500 shares [1] - Foton Motor (600166) remained unchanged at 2.92 with a trading volume of 974,000 shares [1] - Zhongtong Bus (000957) closed at 11.44, down 0.26% with a trading volume of 131,300 shares [1] - JMC (000550) closed at 19.47, down 0.31% with a trading volume of 20,000 shares [1] - FAW Jiefang (000800) closed at 7.31, down 0.54% with a trading volume of 197,500 shares [1] - China National Heavy Duty Truck Group (000951) closed at 18.11, down 0.66% with a trading volume of 90,200 shares [1] - Ankai Bus (000868) closed at 5.42, down 0.73% with a trading volume of 146,100 shares [1] - Zhongjun Vehicle (301039) closed at 9.71, down 0.92% with a trading volume of 87,100 shares [1] Fund Flow Analysis - The commercial vehicle sector experienced a net inflow of 389 million yuan from institutional investors, while retail investors saw a net outflow of 144 million yuan [2] - The main funds showed a significant net inflow into Jianghuai Automobile, amounting to 541 million yuan, while retail investors had a net outflow of 243 million yuan [3] - FAW Jiefang had a net inflow of 11.89 million yuan from main funds, with retail investors contributing a net inflow of 6.81 million yuan [3] - Ankai Bus saw a net inflow of 5.85 million yuan from main funds, but a net outflow of 11.61 million yuan from retail investors [3] - Zhongtong Bus had a net outflow of 7.69 million yuan from main funds, while retail investors contributed a net inflow of 393,200 yuan [3]

Core Points - The commercial vehicle sector experienced a decline of 1.11% on November 11, with Jianghuai Automobile leading the drop [1] - The Shanghai Composite Index closed at 4002.76, down 0.39%, while the Shenzhen Component Index closed at 13289.0, down 1.03% [1] Commercial Vehicle Sector Performance - The following companies showed notable performance: - Shuguang Co., Ltd. (600303) closed at 3.96, up 2.06% with a trading volume of 275,900 shares and a transaction value of 108 million [1] - Hanma Technology (600375) closed at 7.19, up 1.41% with a trading volume of 469,100 shares and a transaction value of 335 million [1] - Foton Motor (600166) closed at 2.92, up 1.39% with a trading volume of 1,609,800 shares and a transaction value of 470 million [1] - Dongfeng Motor (600006) closed at 7.85, up 1.03% with a trading volume of 331,400 shares and a transaction value of 258 million [1] - Jianghuai Automobile (600418) closed at 46.16, down 3.19% with a trading volume of 413,700 shares and a transaction value of 1.927 billion [2] Fund Flow Analysis - The commercial vehicle sector saw a net outflow of 360 million from institutional investors, while retail investors contributed a net inflow of 261 million [2] - The following companies had significant fund flows: - Foton Motor (600166) had a net inflow of 39.94 million from institutional investors, but a net outflow of 43.89 million from retail investors [3] - Hanma Technology (600375) had a net inflow of 13.05 million from institutional investors, with retail investors contributing a net inflow of 0.62 million [3] - Dongfeng Motor (600006) had a net inflow of 9.45 million from institutional investors, but a net outflow of 12.84 million from retail investors [3]