证券日报网讯钱江摩托（000913）11月4日在互动平台回答投资者提问时表示，截至10月31日公司股东 人数为23，177户。 ...

转自：新华财经 为破解浙江制造业转型中的共性难题，在省经信厅与余杭区政府指导下，由省技术创新服务中心、余杭区经信局与浙江电信联合共建的"未来工厂推广中 心"于2025年初应运而生。 与此同时，浙江钱江摩托股份有限公司则展现出"链主"价值的多元维度。在其美可达高端摩托车未来工厂，利用数字化、自动化、智能化等新技术赋能研产 供销的全业务链，提升整体运营效率和管理水平。公司总裁助理黄杨成表示："我们通过PLM系统实现全球化协同开发，研发周期缩短20%；以APS智能排 产推动交付周期缩短30%；我们构建了与用户直接互动的'车联网App+元宇宙虚拟展厅'，实现了从制造向'制造+生态'的跨越。" 图为瑞浦兰钧未来工厂 合作的广度正从车间走向城市，从制造本身延伸到社会治理，金卡智能集团股份有限公司与煜邦电力智能装备（嘉兴）有限公司是两大典型代表。金卡智能 集团高级副总裁仇梁指出，在与电信共建未来工厂的基础上，企业通过5G广域网打造"燃气产业大脑"，应用于城市燃气管网的实时感知与智能调度，实现 了从产品制造到城市安全服务的延伸。 图为钱江摩托未来工厂 与此同时，一场旨在让数字化转型成果惠及更多中小企业的实践，正在基层深入展开 ...

Group 1 - The core viewpoint of the article highlights significant target price increases for certain companies, with Dazhu Laser, Qianjiang Motorcycle, and Lihigh Food leading the rankings with target price increases of 62.27%, 54.74%, and 54.33% respectively, indicating strong market confidence in these sectors [1] Group 2 - On October 29, brokerages lowered ratings for two companies: Huazhong Securities downgraded Jiayi Co., from "Buy" to "Hold," while Qunyi Securities (Hong Kong) downgraded Taicheng Light from "Buy" to "Range Trading," reflecting a cautious outlook on these firms [1]

Market Overview - On October 29, the motorcycle and other sectors rose by 0.55% compared to the previous trading day, with Xinri Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 4016.33, up 0.7%, while the Shenzhen Component Index closed at 13691.38, up 1.95% [1] Stock Performance - Xinri Co., Ltd. (603787) closed at 14.00, with a gain of 2.94% and a trading volume of 202,800 shares, amounting to a transaction value of 282 million yuan [1] - Other notable performers included Huayang Racing (920058) with a 2.21% increase, Qianli Technology (601777) up by 2.10%, and Jiangui General (603766) rising by 1.91% [1] - Conversely, companies like Zhenghe Industrial (003033) and Taotao Vehicle (301345) experienced declines of 6.59% and 4.96%, respectively [2] Capital Flow Analysis - The motorcycle and other sectors saw a net outflow of 1.2144 million yuan from institutional investors, while retail investors contributed a net inflow of 1.36 billion yuan [2] - The capital flow data indicates that retail investors were more active in purchasing shares compared to institutional and speculative investors [2] Individual Stock Capital Flow - Spring Power (603129) experienced a significant net outflow from institutional investors of 48.8487 million yuan, while retail investors had a net inflow of 34.6531 million yuan [3] - Taotao Vehicle (301345) had a net inflow of 35.9585 million yuan from institutional investors, but a net outflow from speculative investors of 40.4043 million yuan [3] - Qianli Technology (601777) saw a net inflow of 24.3377 million yuan from institutional investors, while retail investors contributed a smaller net inflow of 698.17 thousand yuan [3]

Industry Rating - The industry investment rating is maintained at "Outperform the Market" [1] Core Insights - In September 2025, total sales of two-wheeled fuel motorcycles reached 1.554 million units, representing a year-on-year increase of 11.8%. Exports were 1.174 million units, up 20.6%, while domestic sales were 380,000 units, down 8.8% [4][10] - For motorcycles above 250cc, sales in September were 87,000 units, a year-on-year increase of 13.1%. Exports were 53,000 units, up 39.0%, and domestic sales were 33,000 units, down 12.7% [4][10] - Electric motorcycle sales surged to 32,000 units in September, marking a significant year-on-year increase of 184.5% [20] - The all-terrain vehicle (ATV) domestic factory shipments reached 17,000 units, reflecting a year-on-year growth of 10.2% [20] Summary by Relevant Sections Overall Industry Performance - Total sales in September reached 1.554 million units, with a cumulative total of 12.816 million units for the year, showing a 13% year-on-year increase [5] - Exports for the entire industry were 1.174 million units, up 21%, while domestic sales were 380,000 units, down 9% [5] Two-Wheeled Fuel Motorcycles - Total sales for two-wheeled fuel motorcycles in September were 105,000 units, down 30% year-on-year, with exports at 97,000 units, down 31%, and domestic sales at 8,000 units, down 13% [22] - For motorcycles above 250cc, total sales were 12,000 units, up 30.1% year-on-year, with exports at 7,000 units, up 75.2%, and domestic sales at 5,000 units, down 7.5% [22] Key Companies - Changan Power reported 32,000 units in electric motorcycle sales, a 184.5% increase year-on-year [20] - Longxin General's total sales reached 25,400 units, a 29.6% increase year-on-year, with three-wheeled motorcycle sales at 25,000 units, up 29.6% [26] - Qianjiang Motorcycle's total sales for two-wheeled fuel motorcycles were 37,800 units, down 21% year-on-year, while sales for motorcycles above 250cc were 13,000 units, up 85% [32]

Core Viewpoint - Qianjiang Motorcycle reported a decline in both revenue and net profit for the first three quarters of 2025, indicating significant challenges in its core business operations [1][6]. Financial Performance - For the first three quarters, the company achieved operating revenue of 4.426 billion CNY, a year-on-year decrease of 10.11% [1][2]. - The net profit attributable to shareholders was 320 million CNY, down 31.38% compared to the previous year [1][2]. - In Q3 alone, revenue was 1.353 billion CNY, representing an 18.67% decline year-on-year, while net profit fell by 56.59% to 51.06 million CNY [2][6]. - The cash flow from operating activities saw a drastic reduction of 84.25%, primarily due to increased cash payments for goods and services and higher tax payments [3]. Business Segments - The motorcycle and electric bicycle segment, which contributes over 90% of total revenue, experienced a revenue decline of 6.62% with a corresponding drop in gross margin of 1.18% [6][8]. - The semiconductor discrete device manufacturing segment reported a complete revenue drop to zero, indicating severe operational challenges [6]. Shareholder Information - The top ten shareholders include Geely Technology Group with a 36.65% stake, and Hong Kong Central Clearing Limited reduced its holdings by 59.54% to 4.542 million shares [5][3]. Market Performance - As of October 27, the stock price of Qianjiang Motorcycle fell by 2.92% to 16.28 CNY per share, with a total market capitalization of approximately 8.573 billion CNY [8][9].

Group 1 - Qianjiang Motorcycle (000913.SZ) released its Q3 2025 report on October 27, 2025, indicating that as of October 26, 2025, five institutional investors held a total of 266 million shares, accounting for 50.46% of the total share capital [1] - The institutional holding ratio decreased by 2.93 percentage points compared to the previous quarter [1] - The public funds that did not disclose holdings this quarter totaled 105, including Southern CSI 1000 ETF, Huaxia CSI 1000 ETF, Huaxia New Consumption Mixed A, GF CSI 1000 ETF, and ICBC New Energy Vehicle Mixed A [1] Group 2 - One foreign fund, Hong Kong Central Clearing Limited, reduced its holdings by 1.27% compared to the previous quarter [1]

Core Insights - Qianjiang Motorcycle (000913.SZ) reported a revenue of 4.426 billion yuan for the first three quarters of 2025, representing a year-on-year decline of 10.11% [1] - The company's net profit attributable to shareholders was 320 million yuan, down 31.38% year-on-year [1] - The non-recurring net profit was 275 million yuan, reflecting a year-on-year decrease of 37.67% [1] - Basic earnings per share stood at 0.6124 yuan [1]

Core Insights - Q3 2025 financial results show a significant decline in both revenue and net profit for the company [1] Financial Performance - The company reported Q3 revenue of 1.353 billion yuan, a year-on-year decrease of 18.67% [1] - Net profit for Q3 was 51.06 million yuan, down 56.59% year-on-year [1] - Year-to-date revenue reached 4.426 billion yuan, reflecting a 10.11% decline compared to the previous year [1] - Year-to-date net profit totaled 320 million yuan, a decrease of 31.38% year-on-year [1]

Group 1 - The company Qianjiang Motorcycle (SZ 000913) announced its board meeting held on October 24, 2025, to review the Q3 2025 report and other documents [1] - For the first half of 2025, Qianjiang Motorcycle's revenue composition was entirely from the manufacturing of railway, shipping, aerospace, and other transportation equipment, accounting for 100.0% [1] - As of the report, Qianjiang Motorcycle has a market capitalization of 8.8 billion yuan [1]