Core Viewpoint - The internal combustion engine market in China is experiencing growth, with significant increases in both sales and production, particularly in the commercial vehicle sector, indicating a recovery trend in the industry [1][6][22]. Summary by Sections Internal Combustion Engine Sales - In June 2025, China sold 4.181 million internal combustion engines, marking a month-on-month increase of 3.38% and a year-on-year increase of 6.24%. The cumulative sales from January to June reached 25.185 million units, reflecting a year-on-year growth of 11.75% [1]. - The commercial vehicle market is recovering, with multi-cylinder diesel engines also showing positive growth. In June, 167,400 multi-cylinder diesel engines were sold, representing a month-on-month increase of 7.16% and a year-on-year increase of 16.08% [1]. Diesel Engine Sales - In June 2025, diesel engine sales reached 414,400 units, with a month-on-month growth of 3.36% and a year-on-year growth of 5.99%. The cumulative sales for the first half of the year totaled 2.664 million units, showing a year-on-year increase of 4.12% [2]. Multi-Cylinder Diesel Engine Performance - The multi-cylinder diesel engine market saw sales exceed 2.154 million units in the first half of 2025, with a year-on-year growth of 4%. In June, sales were 329,700 units, with a month-on-month increase of 3.28% and a year-on-year increase of 9.74% [5][6]. Commercial Vehicle Production and Sales - In June 2025, the production and sales of commercial vehicles reached 354,000 and 369,000 units, respectively, with month-on-month increases of 5.3% and 10.3%, and year-on-year increases of 7.1% and 9.5%. Cumulative sales for the first half of the year were 2.099 million units, reflecting a year-on-year growth of 4.7% [6]. Leading Companies in Multi-Cylinder Diesel Engine Sales - The top ten companies in multi-cylinder diesel engine sales accounted for 77.84% of total sales in the first half of 2025. Leading companies included Weichai, Yuchai, and Yunnei, with Weichai maintaining the highest cumulative sales of 376,500 units [10][16]. Monthly Sales Leaders - In June, Yuchai led the monthly sales of multi-cylinder diesel engines with 52,600 units sold, followed by Weichai with 46,000 units and Yunnei with 34,300 units. Most companies reported month-on-month growth [8][15]. Cumulative Sales Data - Cumulative sales data for the first half of 2025 showed that Weichai sold 376,500 units, Yuchai sold 308,000 units, and Yunnei sold 193,200 units, with respective market shares of 17.48%, 14.30%, and 8.97% [10][12].

Core Viewpoint - The strategic cooperation agreement signed between Yunnei Power, Delong Aviation, and Huamin Lianxin Fund marks Yunnei Power's acceleration into the low-altitude economy and emerging fields, driven by innovation to cultivate new growth momentum [1][2]. Group 1: Strategic Cooperation - Yunnei Power will leverage its core technology advantages in the engine sector, collaborating with Delong Aviation's drone development capabilities and Huamin Lianxin Fund's investment experience to create strategic synergy [2]. - This partnership aims to broaden the application scenarios of Yunnei Power's engine products in the drone sector and utilize capital to accelerate the drone industry chain layout, fostering new performance growth points for the company [2]. Group 2: Innovation and Business Development - Despite short-term performance pressure indicated in the semi-annual report, Yunnei Power has made substantial progress in innovation, with small-scale sales of its unmanned delivery vehicles and smart agricultural machinery [3]. - The company is collaborating with China Post's Yunnan branch to advance road testing for unmanned delivery vehicles, indicating that its innovative business has entered the commercialization phase [3]. - In the new energy sector, its subsidiary Mingt Technology is consolidating market advantages with leading technology in charging pile payment systems, expanding into new energy and intelligent fields based on diesel engine technology [3]. Group 3: Long-term Development and Market Expansion - Yunnei Power is implementing multiple measures to enhance quality and efficiency, including optimizing customer settlement models, accelerating innovation in diesel, hybrid, and gas engine technologies, and achieving year-on-year cost reductions through lean operations [4]. - The establishment of overseas parts service centers is part of the strategy to continuously expand international market share [4]. - As a leader in China's internal combustion engine industry, Yunnei Power's strategy of combining traditional business stability with new business expansion is showing initial results, with promising prospects for transformation and upgrading [4].

Key Points - Zhongsheng Gaoke is planning a change in company control, with a potential transfer of 22.35% of shares at a valuation of 2.5 billion yuan, leading to a stock suspension starting July 16, 2025 [3][4] - Yanshan Technology's subsidiary is participating in a partnership to invest 41.64 million yuan in a fund that will ultimately invest in Bytedance Ltd [5] - Sanyuan Bio received an initial ruling of a 450.64% anti-dumping duty from the US Department of Commerce on erythritol, prompting a shift in sales strategy towards domestic markets [6] - Chutianlong is exploring digital currency projects but faces risks related to new technology development and commercial application [7] - Bertley is establishing a partnership to invest in humanoid robots and other emerging sectors, committing 198 million yuan [8] - China Merchants Highway's chairman resigned due to reaching retirement age [9] - Tibet Summit's controlling shareholder is under investigation for information disclosure violations, but it will not affect the company's operations [10][11] - ST Weir plans to acquire 51% of Zijiang New Materials for 546 million yuan, entering the lithium battery materials sector [12] - ST Yazhen's stock will be suspended for three days due to abnormal trading fluctuations [13] - Dahua Technology's subsidiary is shifting its listing to the Hong Kong Stock Exchange [14] Performance Forecasts - Zhongji Xuchuang expects a net profit increase of 52.64% to 86.57% for the first half of 2025, driven by strong demand for high-end optical modules [15] - Juchip Technology anticipates a 122.28% increase in net profit for the same period, benefiting from successful AI audio chip promotions [16] - Sitwei forecasts a net profit growth of 140% to 180%, with significant revenue increases from smartphone collaborations [17] - Tianyu Co. expects a net profit increase of 144.29% to 238.25%, aided by improved product structure and market strategies [18] - Jinli Yongci predicts a net profit growth of 151% to 180%, focusing on renewable energy and related sectors [19] - Blue Ocean Huaten expects a net profit increase of 152.76% to 190.68%, driven by growth in the new energy heavy truck market [20] - Maiqu'er anticipates a turnaround with a net profit of 1.4 million to 2 million yuan, compared to a loss in the previous year [21] - China Galaxy expects a net profit increase of 45% to 55%, with growth across various business segments [23] - Baicheng Pharmaceutical forecasts a significant decline in net profit, down 95.53% to 100% [24] Major Contracts - Jincheng signed a contract worth approximately 52.98 million USD for underground mining operations in the Democratic Republic of Congo [25] - ST Yundong entered a strategic cooperation agreement for drone development and investment with two companies [26] - Changgao Electric New's subsidiary won contracts totaling 445 million yuan from the State Grid [27] Shareholding Changes - Angli Education plans to reduce its repurchased shares by up to 573.1 million shares [28][29] - Lingzhi Software's shareholders plan to collectively reduce their holdings by up to 2.11% [30] - Founder Technology's major shareholder intends to reduce its stake by up to 2.27% [31] - Zhongfu Shenying's shareholder plans to reduce its stake by up to 1% [32] - Hangzhou Bank's shareholder intends to reduce its stake by up to 0.7% [33] - Haoyun Technology's chairman plans to reduce his stake by up to 400,000 shares [34] Financing Activities - Yuanwang Valley plans to raise up to 300 million yuan through a private placement for RFID production line projects and working capital [35]

Core Viewpoint - ST Yun Dong has signed a strategic cooperation agreement with Fujian Delong Aviation Technology Co., Ltd. and Fujian Huamin Lianxin Private Fund Management Co., Ltd. to collaborate in the fields of drone research and development, production, supply chain assurance, and industrial investment, aiming to promote the development of the low-altitude economy industry [1][3] Group 1: Strategic Cooperation - The agreement focuses on enhancing collaboration in drone engine product development and production, with both parties becoming priority partners for procurement and supply [2][3] - A joint venture may be established to explore new customer demands in the drone sector, facilitating technology research, production, and market expansion [2] - Huamin Lianxin Fund will leverage its investment experience in the low-altitude economy to coordinate resources and provide investment advisory services [2] Group 2: Company Background and Market Position - Delong Aviation, established in 2012, specializes in aviation engines and has provided thousands of engines for general aviation aircraft and drones, accumulating millions of flight hours [1][2] - The company’s piston engine products have achieved domestic production capabilities and received EASA certification for four-stroke models, catering to various drone applications [2] Group 3: Financial Performance and Projections - ST Yun Dong expects a net loss of 100 million to 150 million yuan for the first half of 2025, compared to a loss of approximately 99.8 million yuan in the same period last year [4] - The company anticipates a decline in sales volume of its main engine products, projecting a total of 353,900 units sold in 2024, a decrease of 5.15% year-on-year [3][4] - The company is optimizing its operational management and focusing on customer demand to enhance market share and product innovation [5]

7月15日晚间，沪深两市多家上市公司发布公告，以下是第一财经对一些重要公告的汇总，供投资者参 考。 【品大事】 中晟高科：筹划公司控制权变更事项 股票明起停牌 中晟高科(002778)公告，公司收到控股股东苏州市吴中金融控股集团有限公司及其一致行动人苏州吴中 区天凯汇达股权投资合伙企业（有限合伙）（以下简称"天凯汇达"）的通知，天凯汇达正在筹划拟以上 市公司市值25亿的价格对外转让其所持公司22.35%股份事宜，该事项可能导致公司控制权发生变更。 本次交易对手方为福州千景投资有限公司，系其实际控制人翁声锦与何从夫妇主要从事投资业务的平台 公司。公司股票自2025年7月16日开市起停牌，预计停牌时间不超过2个交易日。 岩山科技：全资子公司参与设立合伙企业 将以股权形式最终投向Bytedance Ltd. 岩山科技(002195)公告，全资子公司海南瑞弘于近日与上海国策投资管理有限公司、上海子璟商务信息 管理中心、上海起铭信息科技有限公司共同参与投资嘉兴澜晟创业投资合伙企业（有限合伙），并签署 了《嘉兴澜晟创业投资合伙企业（有限合伙）合伙协议》。合伙企业的认缴出资总额为4164万元，公司 全资子公司海南瑞弘作为有 ...

股票简称：ST 云动 股票代码：000903 编号：2025—039 号 昆明云内动力股份有限公司 本公司及董事会全体成员保证本公告内容的真实、准确和完整，对公告中的虚假记载、误导性 陈述或者重大遗漏负连带责任。 特别提示： 也不涉及具体交易金额，具体的实施情况尚存在不确定性。 抗力等因素的影响，敬请广大投资者理性投资，注意投资风险。 一、本次《战略合作协议》签署概况 近日，昆明云内动力股份有限公司（以下简称"公司"）与福建德龙航空科技股份 有限公司（以下简称"德龙航空"）及福建华闽联信私募基金管理有限公司（以下简称 "华闽联信基金"）签署了《战略合作协议》，就无人机研发、生产、供应链保障、产业 投资等领域展开深度合作，旨在充分利用各方优势，发挥战略协同性，共同推动低空经 济产业发展。 本次签署的合作协议不涉及具体交易金额和交易事项，根据《深圳证券交易所股票 上市规则》《公司章程》等相关规定，该事项无需提交公司董事会、股东大会审议。本 次签署战略合作协议不构成关联交易，亦不构成《上市公司重大资产重组管理办法》规 定的重大资产重组情形。 二、合作方基本情况 （一）福建德龙航空科技股份有限公司 公司名称：福建德龙 ...

Group 1 - The company ST Yundong (000903) has signed a strategic cooperation agreement with Fujian Delong Aviation Technology Co., Ltd. and Fujian Huamin Lianxin Private Fund Management Co., Ltd. [1] - The cooperation aims to deepen collaboration in areas such as drone research and development, production, supply chain assurance, and industrial investment [1] - The agreement does not involve specific transaction amounts or matters, serving only as a framework for cooperation, with the implementation details remaining uncertain [1]

股票简称：ST 云动 股票代码：000903 编号：2025—039 号 昆明云内动力股份有限公司 关于签署《战略合作协议》的自愿性信息披露公告 本公司及董事会全体成员保证本公告内容的真实、准确和完整，对公告中的虚假记载、误导性 陈述或者重大遗漏负连带责任。 特别提示： 1、本次签订的《战略合作协议》为框架性合作约定，不涉及具体的权利义务安排， 也不涉及具体交易金额，具体的实施情况尚存在不确定性。 2、本协议在履行过程中可能存在行业政策调整、市场环境变化等不可预计或不可 抗力等因素的影响，敬请广大投资者理性投资，注意投资风险。 一、本次《战略合作协议》签署概况 近日，昆明云内动力股份有限公司（以下简称"公司"）与福建德龙航空科技股份 有限公司（以下简称"德龙航空"）及福建华闽联信私募基金管理有限公司（以下简称 "华闽联信基金"）签署了《战略合作协议》，就无人机研发、生产、供应链保障、产业 投资等领域展开深度合作，旨在充分利用各方优势，发挥战略协同性，共同推动低空经 济产业发展。 本次签署的合作协议不涉及具体交易金额和交易事项，根据《深圳证券交易所股票 上市规则》《公司章程》等相关规定，该事项无需提交公司董事会 ...

Group 1 - The company's stock experienced an abnormal trading fluctuation, with a cumulative decline of 14.97% over three consecutive trading days from July 10 to July 14, 2025 [1] - The company received an administrative penalty notice from the Yunnan Securities Regulatory Bureau on July 8, 2025, due to suspected violations of information disclosure laws [1][3] - The company confirmed that there are no undisclosed significant matters that should be disclosed according to the Shenzhen Stock Exchange regulations [3] Group 2 - The company signed a fuel cell power system integration procurement contract with China Communications Construction Company, but there has been no substantial progress on this contract as of now [2] - The company has entered into a production contract with Ningbo Zhongchuang Hanwei Technology Co., Ltd. for the manufacturing of intelligent rubber cutting machines, which have begun small-scale sales [2] - The company has obtained a road testing license for intelligent connected vehicles and is actively conducting testing with China Post Group in Yunnan [2]

Group 1 - Aerospace Science and Technology expects a net profit of 68 million to 95 million yuan for the first half of 2025, representing a growth of 1628.83% to 2315.27% compared to the same period last year [1] - Huaxia Airlines anticipates a net profit of 220 million to 290 million yuan for the first half of 2025, an increase of 741.26% to 1008.93% year-on-year [1] - Shida Group forecasts a net loss of 44 million to 65 million yuan for the first half of 2025, marking a shift from profit to loss [1] Group 2 - Jiaao Environmental Protection expects a net loss of 70 million to 90 million yuan for the first half of 2025 [3] - Haima Automobile predicts a net loss of 60 million to 90 million yuan for the first half of 2025, compared to a loss of 152 million yuan in the same period last year [3] - Huaibei Mining anticipates a net profit of approximately 1.027 billion yuan for the first half of 2025, a decrease of about 65% year-on-year [3] Group 3 - Quanfu Automobile expects a net loss of 155 million to 185 million yuan for the first half of 2025 [5] - Gaode Infrared signed a procurement agreement worth 879 million yuan, which is expected to positively impact its operating performance for the year [5] - Zhongchen Co. won a project from Southern Power Grid worth 379 million yuan, representing 12.26% of its audited revenue for 2024 [5] Group 4 - Daheng Technology anticipates a net loss of 406,000 yuan for the first half of 2025, compared to a loss of 988,250 yuan in the same period last year [6] - Dazhongnan expects a net profit of 6.5 million to 8 million yuan for the first half of 2025, a recovery from a loss of 15.325 million yuan last year [6] - Xianfeng Holdings projects a net profit of 34 million to 42 million yuan for the first half of 2025, a year-on-year increase of 524.58% to 671.53% [7] Group 5 - Shuangxiang Co. expects a net profit of 115 million to 150 million yuan for the first half of 2025, a growth of 128.1% to 197.53% year-on-year [8] - ST Xintong anticipates a net loss of 67 million to 97 million yuan for the first half of 2025 [9] - Jishi Media forecasts a net loss of 187 million to 233 million yuan for the first half of 2025 [10] Group 6 - Suli Co. expects a net profit of 72 million to 86 million yuan for the first half of 2025, a year-on-year increase of 1008.39% to 1223.91% [11] - Wanli Co. anticipates a net loss of 19 million yuan for the first half of 2025, compared to a loss of 12.9238 million yuan last year [12] - Langzi Co. projects a net profit of 22 million to 26 million yuan for the first half of 2025, an increase of 31.74% to 55.69% year-on-year [14] Group 7 - Changjiang Securities expects a net profit of 1.652 billion to 1.81 billion yuan for the first half of 2025, a growth of 110% to 130% [15] - Huahong Technology anticipates a net profit of 70 million to 85 million yuan for the first half of 2025, a year-on-year increase of 3047.48% to 3721.94% [16] - Chenhua Co. plans to invest 30 million yuan in financial products with an expected annual yield of 3.20% [16] Group 8 - Zijing Mining expects a net profit of approximately 23.2 billion yuan for the first half of 2025, a growth of about 54% year-on-year [28] - Limin Co. anticipates a net profit of 26 million to 28 million yuan for the first half of 2025, a year-on-year increase of 719.25% to 782.27% [29] - Huazhong Securities expects a net profit of 1.035 billion yuan for the first half of 2025, a growth of 44.94% year-on-year [30]