Group 1: Emission Standards and Market Opportunities - The implementation of the National IV emission standards in 2015 will present opportunities for Yunnei Power, as the company has already developed engines that meet these standards [2][3] - The company's existing commercial vehicle diesel engines have reached National IV emission levels, which is expected to increase market share [3] - The D series engines, developed in collaboration with FEV, are globally competitive and have already been exported to the UK, meeting Euro V standards [3] Group 2: Sales Performance - As of the end of November 2014, the sales of National IV engines reached approximately 18,000 units, ranking among the top in the industry [4] Group 3: Profit Margins and Growth Points - The gross profit margin for National IV engines is higher than that of National III and below due to the price increase being greater than the cost increase [4] - Future growth points include opportunities from National IV standards, the D series engine market, and the development of natural gas engines [4] - The company has successfully developed YN30/36/38QNE series gas engines, enhancing competitiveness in the gas engine market [4] Group 4: New Shareholders and Funding - The recent share issuance introduced 6 new shareholders, with details disclosed in the November 25 announcement [5]

Group 1: Company Overview and Strategic Initiatives - Yunnei Power is expanding into the new energy sector to enhance its product structure and accelerate transformation [2][3] - The company is developing a joint venture, Wuxi Tongyi Automotive Power Technology Co., Ltd., with Tianjin Songzheng and Zhongheng Anxin [2][3] - The focus is on creating a balanced portfolio of diesel engines, natural gas engines, and new energy power [3] Group 2: Fundraising and Financial Strategy - In 2014, the company completed a private placement, raising 745 million CNY [3] - The funds are being utilized as detailed in the special report published on August 11, 2015 [3] - The company plans another private placement in 2015, driven by the "Made in China 2025" initiative emphasizing efficient internal combustion engines [3][4] Group 3: Product Development and Market Position - The company is developing a platform for Euro VI compliant diesel engines to meet national emission standards [4] - The project aims to enhance R&D and production capabilities, positioning Yunnei Power as a leader in the multi-cylinder small diameter diesel engine sector [4] - In the first seven months of 2015, the total sales of diesel engines in China decreased by 21.13%, while Yunnei Power's sales increased by 3.4% to 125,748 units [6] Group 4: Employee Engagement and Market Confidence - The company has implemented an employee stock ownership plan, reflecting confidence in long-term economic growth and employee belief in the company's rapid development [5] - The management does not feel pressured by the stock ownership plan despite market volatility [5] Group 5: Impact of Market Conditions - The diesel engine market is facing challenges due to stricter environmental regulations, but Yunnei Power has adjusted its product strategy and improved service quality to increase market share [6]

Group 1: Company Performance and Product Development - The D series engines have been operating at a significant loss since their launch, primarily due to limited market penetration in the passenger vehicle sector [2][3] - The company has repositioned the D series engines for the commercial vehicle market, with new products D20/D25/D30 developed based on earlier models [3] - The company anticipates a notable increase in sales for the D series engines in 2014, with initial trials conducted with major commercial vehicle manufacturers [3][4] Group 2: Financial Metrics and Comparisons - The company raised 1.2 billion yuan in 2007 for a passenger vehicle diesel engine project, which has not met expected returns, resulting in low asset utilization compared to industry peers [4][5] - The gross profit margin for National IV emission standard engines is higher than that of National III and below, due to the higher pricing and technological advantages of the former [4] Group 3: Strategic Partnerships and Future Plans - There are confirmed discussions regarding a collaboration between Ankai Bus and Yunnan Yunnei Power Group, although this is related to the major shareholder and not directly to the listed company [5] - The company has not yet received any documents regarding state-owned enterprise reforms, but is open to implementing employee stock ownership plans or other incentive programs in the future [5]

证券代码：000903 证券简称：云内动力 编号：2015-05 昆明云内动力股份有限公司投资者关系活动记录表 | --- | --- | --- | |-----------------------------|------------------------|------------------------------------------------| | | | | | 投 资 者 关 系 活 动 | ■ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参 与 单 位 名 称 及 | 华创证券滕越、王逸萌 | | | 人员姓名 | 2015-08-21 | | | 时间 | | | | 地点 | 公司六楼会议室 | | | | | | | 上 市 公 司 接 待 人 员姓名 | 董事会秘书翟建峰 | | | 投 资 者 关 系 活 动 | 1 、贵公司于 2014 | 年刚完成了非公开发行股票， 2015 年 | | 主要内容 ...

Group 1: Investor Relations Activities - The investor relations activity included specific object research and on-site visits [1] - Participants included various funds and securities companies, such as China Zhongtou Securities and Huafu Tong Fund [1] - The meeting took place on May 7, 2015, in the company's conference room [1] Group 2: Company Debt and Financial Strategy - The company issued a 10 billion yuan bond with a "3+3" term in 2012, which was crucial for overcoming operational difficulties [2] - The company will not increase the bond interest rate after the three-year term ends in August 2015 due to a general decline in market interest rates since 2014 [2] - The current bond rate of 6.05% is considered high compared to similarly rated bonds [2] Group 3: New Energy Initiatives - The company plans to establish a joint venture in Wuxi for new energy vehicle power systems to extend its product line [3] - This initiative aims to promote the company's transition towards energy-saving and environmentally friendly products [3] - The formal agreement for the joint venture is expected to be signed in June 2015 [3] Group 4: Diesel Engine Sales Performance - In April 2015, the company sold a total of 20,715 diesel engines, with 6,851 units meeting the National IV emission standards [4] - Sales have declined compared to the previous year due to a sluggish commercial vehicle market, although market share has improved [4] Group 5: State-Owned Enterprise Reform - The company has not yet received any documents regarding state-owned enterprise reforms from regulatory bodies [4] - The company will monitor the latest policies and developments related to state-owned enterprise reforms [4] - Any future employee stock ownership plans or equity incentive programs will be implemented in accordance with regulatory requirements [4]

证券代码：000903 证券简称：云内动力 编号：2015-01 昆明云内动力股份有限公司投资者关系活动记录表 | --- | --- | --- | |----------------------|---------------------------|----------------------------------------------------| | | | | | 投 资 者 关 系 活 动 | ■ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | ■ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参 与 单 位 名 称 及 | 博时基金管理有限公司 兰乔 | | | 人员姓名 | | | | 时间 | 2015-01-06 | | | 地点 | 公司六楼会议室 | | | 上 市 公 司 接 待 人 | 翟建峰 | | | 员姓名 | | | | 投 资 者 关 系 活 动 | | 来访者首先参观了公司生产车间，随后在公司会议室就 | | 主要内容介绍 | | 关注问题 ...

证券代码：000903 证券简称：云内动力 编号：2016-01 昆明云内动力股份有限公司投资者关系活动记录表 | --- | --- | --- | |----------------------|-----------------------------|----------------------------------------------------| | | | | | 投 资 者 关 系 活 动 | ■ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参 与 单 位 名 称 及 | 民生证券股份有限公司 余海坤 | | | 人员姓名 | 2016-03-23 | | | 时间 | | | | 地点 | 公司六楼会议室 | | | 上 市 公 司 接 待 人 | 董事会秘书翟建峰 | | | 员姓名 | | | | 投 资 者 关 系 活 动 | 1 、贵公司于 2016 | 年 1 月 21 日发布公告，调整了本次非 | ...

证券代码：000903 证券简称：云内动力 昆明云内动力股份有限公司投资者关系活动记录表 编号：2016-04 | --- | --- | --- | |----------------------|-------------------------------------|-------------------------------------------------| | | | | | 投 资 者 关 系 活 动 | ■ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参 与 单 位 名 称 及 | 云南工投维骐投资管理有限公司 樊菡皎 | | | 人员姓名 | 2016-08-31 | | | 时间 | | | | 地点 | 公司六楼会议室 | | | 上 市 公 司 接 待 人 | 董事会秘书翟建峰 | | | 员姓名 | | | | 投 资 者 关 系 活 动 | 1 、公司 7 | 月份柴油机销量情况如何？ | | 主要 ...