证券代码：000913 证券简称：钱江摩托 公告编号：2025-029 浙江钱江摩托股份有限公司 关于2022年限制性股票激励计划首次授予部分第三个解除 限售期及预留授予部分第二个解除限售期解除限售股份上市 流通的提示性公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： （一）2022 年 5 月 20 日，公司第八届董事会第六次会议审议通过了《关于 <浙江钱江摩托股份有限公司 2022 年限制性股票激励计划（草案）>及其摘要的 议案》《关于<浙江钱江摩托股份有限公司 2022 年限制性股票激励计划实施考核 管理办法>的议案》《关于提请股东大会授权董事会办理公司 2022 年限制性股票 激励计划相关事项的议案》，作为本激励计划激励对象的关联董事已回避表决。 公司第八届监事会第五次会议审议通过了相关议案。公司独立董事就本次股权激 励计划是否有利于公司的持续发展及是否存在损害公司及全体股东利益的情形 发表了独立意见。 （二）2022 年 5 月 23 日至 2022 年 6 月 1 日，公司对本激励计划首次授予 激励对象姓名和职务在公司内网进行了公示 ...

Investment Rating - The report maintains a "Buy" rating for the motorcycle industry, particularly recommending companies such as Chuanfeng Power, Longxin General, and Qianjiang Motorcycle [5][15]. Core Insights - The motorcycle industry is experiencing a strong growth phase, with significant increases in sales, particularly in the mid-to-large displacement segment. The report highlights that the 250cc and above motorcycle sales reached a historical high in June 2025, with a year-on-year increase of 14.3% and a cumulative sales increase of 41.3% for the first half of the year [4][5]. - The report emphasizes the robust performance of leading companies in the industry, with Chuanfeng Power maintaining its top position in market share and showing strong sales growth in the 500cc and above categories [6][9]. Summary by Sections Sales Performance - In June 2025, sales of motorcycles above 250cc reached 102,000 units, a year-on-year increase of 14.3% and a month-on-month increase of 1.7%. Cumulative sales for the first half of the year were 501,000 units, up 41.3% year-on-year [3][4]. - The export of motorcycles above 250cc saw a significant increase, with June exports at 57,000 units, up 59.9% year-on-year, and cumulative exports for the first half of the year at 265,000 units, up 70.1% [4][5]. Market Structure - The report notes strong growth in the 500cc and above displacement models, with sales in June for 500cc-800cc models increasing by 99.44% year-on-year. The overall market for mid-to-large displacement motorcycles is expected to continue growing due to increased supply and export efforts from leading manufacturers [5][11]. Competitive Landscape - The top three companies in the 250cc and above segment are Chuanfeng Power, Qianjiang Motorcycle, and Longxin General, with a combined market share of 46.9% in June 2025. Chuanfeng Power holds a market share of 21.2%, while Longxin General has a market share of 12.9% [6][8]. - Qianjiang Motorcycle's sales in June were 11,000 units, a year-on-year decrease of 39.6%, indicating challenges in maintaining market share [8][12]. Future Outlook - The report projects continued growth in the motorcycle market, driven by new model launches and increased export capabilities. Chuanfeng Power is expected to benefit from new models in the 450cc and 650cc categories, while Longxin General is focusing on expanding its export business [11][15].

Core Viewpoint - The motorcycle industry is experiencing significant growth in the mid-to-large displacement segment, with strong sales performance and export growth expected to continue into 2025 [19]. Industry Overview - In June 2025, sales of motorcycles with a displacement of 250cc and above reached 102,000 units, marking a year-on-year increase of 14.3% and a month-on-month increase of 1.7%, setting a historical record [2][4]. - Cumulative sales from January to June 2025 reached 501,000 units, representing a year-on-year increase of 41.3% [2]. Sales Performance - For motorcycles above 125cc, June sales totaled 706,000 units, showing a year-on-year decrease of 1.9% but a month-on-month increase of 0.4% [2]. - Exports of 250cc and above motorcycles in June reached 57,000 units, a year-on-year increase of 59.9% and a month-on-month increase of 13.7%, with cumulative exports for the first half of the year at 265,000 units, up 70.1% year-on-year [2][4]. Domestic Market - Domestic sales of 250cc and above motorcycles in June were 45,000 units, down 15.6% year-on-year and 10.1% month-on-month, with cumulative domestic sales for the first half of the year at 236,000 units, up 18.7% year-on-year [3][4]. Market Structure - The market for motorcycles with a displacement of 500cc and above is experiencing strong growth, with June sales of 2,300 units, a year-on-year decrease of 27.06% but a cumulative increase of 125.9% for the first half of the year [4]. - The top three companies in the 250cc and above segment in June were Chuanfeng Power, Qianjiang Motorcycle, and Longxin General, with a combined market share of 46.9% [5]. Company Highlights - Chuanfeng Power's June sales for 250cc and above motorcycles were 21,000 units, a year-on-year increase of 9.2%, maintaining a market share of 21.2% [5]. - Qianjiang Motorcycle's June sales were 11,000 units, a year-on-year decrease of 39.6%, with a market share of 11.2% [10]. - Longxin General's June sales were 15,000 units, a year-on-year increase of 31.8%, with a market share of 12.9% [10]. Future Outlook - The motorcycle industry is expected to continue its upward trajectory in 2025, driven by increased supply and the expansion of leading companies' export businesses [4][19]. - Chuanfeng Power is focusing on new models in the 450cc and 650cc categories to boost domestic sales, while also expanding its overseas market presence [12].

Core Viewpoint - The motorcycle industry is experiencing growth, particularly in the sales of larger displacement motorcycles, with a significant increase in sales figures for June 2025 compared to the previous year and the first half of the year [1][2]. Sales Data Summary - For motorcycles with displacement over 250cc, June 2025 sales reached 102,000 units, a year-on-year increase of 14.3% and a month-on-month increase of 1.7%. Cumulative sales from January to June totaled 501,000 units, up 41.3% year-on-year [1]. - In the 250ml to 400ml displacement category, June sales were 53,000 units, up 15.3% year-on-year and 0.2% month-on-month, with cumulative sales of 265,000 units for the first half of the year, reflecting a 45.0% year-on-year increase [2]. - For the 400ml to 500ml category, June sales were 25,000 units, down 17.6% year-on-year but up 38.19% month-on-month, with a total of 129,000 units sold in the first half, a 7.1% year-on-year increase [2]. - In the 500ml to 800ml category, June sales reached 21,000 units, a remarkable year-on-year increase of 99.44% and a month-on-month increase of 38.19%, with cumulative sales of 93,000 units for the first half, up 104.4% year-on-year [2]. - For motorcycles over 800cc, June sales were 2,300 units, down 27.06% year-on-year and 8.3% month-on-month, with cumulative sales of 14,000 units for the first half, up 125.9% year-on-year [2]. Market Share Insights - Chuanfeng Power sold 21,000 units in June for the 250cc+ category, achieving a market share of 21.2%, with a cumulative market share of 21.6% for the first half, up 1.8 percentage points from the full year of 2024 [3]. - Longxin General sold 15,000 units in June for the 250cc+ category, with a market share of 12.9%, and a cumulative market share of 13.5% for the first half, down 0.7 percentage points from the full year of 2024 [3]. - Qianjiang Motorcycle sold 11,000 units in June for the 250cc+ category, with a market share of 11.2%, and a cumulative market share of 13.9% for the first half, down 2.9 percentage points from the full year of 2024 [3]. Industry Recommendations - The company suggests focusing on key stocks in the automotive sector, including Geely Automobile, BYD, Li Auto, Xpeng Motors, Xiaomi Group, Chuanfeng Power, and others [5][8]. - The company also highlights the importance of the Ministry of Industry and Information Technology's advocacy for reducing internal competition in the automotive industry, which is expected to benefit the overall market dynamics [6].

Investment Rating - The industry investment rating is maintained at "Outperform the Market" [1] Core Insights - In June, total sales of two-wheeled fuel motorcycles reached 1.495 million units, a year-on-year increase of 8.0%. Exports were 1.115 million units, up 17.6%, while domestic sales were 380,000 units, down 12.8% [3][9] - For motorcycles above 250cc, sales in June were 103,000 units, a year-on-year increase of 14.3%. Exports were 57,000 units, up 59.9%, and domestic sales were 46,000 units, down 15.6% [3][9] - Electric motorcycle sales surged to 31,000 units in June, reflecting a dramatic year-on-year increase of 2192.0% [3][18] - The all-terrain vehicle (ATV) segment saw domestic factory shipments of 18,000 units in June, marking a 5.8% increase year-on-year [3][18] Summary by Category Two-Wheeled Fuel Motorcycles - June total sales: 1.495 million units, +8.0% YoY; exports: 1.115 million units, +17.6% YoY; domestic sales: 380,000 units, -12.8% YoY [4][9] - Cumulative sales for the first half of the year reached 8.3375 million units, a 15% increase YoY [4] 250cc and Above - June sales: 103,000 units, +14.3% YoY; exports: 57,000 units, +59.9% YoY; domestic sales: 46,000 units, -15.6% YoY [4][9] - Cumulative sales for the first half of the year reached 502,000 units, a 41% increase YoY [4] Electric Motorcycles - June sales: 31,000 units, +2192.0% YoY; cumulative sales for the first half of the year reached 123,900 units, +1489% YoY [4][18] All-Terrain Vehicles - June sales: 18,000 units, +5.8% YoY; cumulative sales for the first half of the year reached 90,600 units, +7% YoY [4][18]

Core Viewpoint - The A-share market shows a mixed performance with the Shanghai Composite Index at 3503.55 points, slightly down by 0.46%, while the total trading volume reached 802.366 billion yuan, indicating active market participation [1]. Group 1: Market Performance - The Shanghai Composite Index is currently above the annual line, reflecting a stable market condition despite a minor decline [1]. - A total of 9 A-shares have surpassed the annual line today, with notable stocks showing significant deviation rates [1]. Group 2: Notable Stocks - Zhongdian Port (证券代: 001287) leads with a price increase of 9.99% and a deviation rate of 7.78% from the annual line, with the latest price at 20.26 yuan [1]. - Xinmai Medical (证券代: 688016) and Qianjiang Motorcycle (证券代: 000913) also show positive performance with deviation rates of 2.62% and 1.86%, respectively [1]. - Other stocks like Xueda Education (证券代: 000526) and Ziguang Guofeng (证券代: 000938) have lower deviation rates of 1.17% and 0.71%, indicating they have just crossed the annual line [1].

Group 1 - The company held its seventh meeting of the ninth Supervisory Board on July 3, 2025, in compliance with relevant regulations [1] - The Supervisory Board approved the achievement of conditions for the third unlock period of the initial grant and the second unlock period of the reserved grant under the 2022 Restricted Stock Incentive Plan, allowing for the granting of restricted stocks to 146 incentive objects [1] - The company plans to disclose further details regarding the achievement of unlock conditions on July 8, 2025, on the specified information platforms [1] Group 2 - The Supervisory Board also approved the repurchase and cancellation of 17,500 restricted stocks, in accordance with the relevant regulations of the 2022 Restricted Stock Incentive Plan [2] - The voting results for the repurchase proposal were unanimous, with 3 votes in favor and no opposition or abstentions [2] - This proposal will be submitted for approval at the company's shareholders' meeting [2]

浙江钱江摩托股份有限公司 监事会关于公司 2022 年限制性股票激励计划首次授予部分 第三个解除限售期及预留授予部分第二个解除限售期解除 1. 公司符合《管理办法》和公司《激励计划》规定的实施股权激励计划的条 件，公司具备实施股权激励计划的主体资格，未发生不得解除限售的情形。 （4）具有《公司法》规定的不得担任公司董事、高级管理人员情形的； （5）法律法规规定不得参与上市公司股权激励的； （6）中国证监会认定的其他情形。 限售激励对象名单的核查意见 浙江钱江摩托股份有限公司（以下简称"公司"）监事会根据《上市公司股 权激励管理办法》（以下简称"《管理办法》"）、公司《章程》和公司《2022 年限制性股票激励计划》（以下简称"《激励计划》"）的有关规定，对公司 2022 年限制性股票激励计划首次授予部分第三个解除限售期及预留授予部分第二个 解除限售期解除限售的激励对象名单进行核查，并发表核查意见如下： 2. 公司 2022 年限制性股票激励计划首次授予部分第三个解除限售期及预留 授予部分第二个解除限售期的激励对象不存在《管理办法》规定的不得成为激励 对象的情形： （1）最近 12 个月内被证券交易所认定为不适当 ...

证券代码：000913 证券简称：钱江摩托 公告编号：2025-026 2022年6月3日，公司监事会发布了《关于2022年限制性股票激励计划激励 对象名单审核意见及公示情况的说明》。 （三）2022年6月23日，公司2022年第一次临时股东大会审议通过了《关于 <浙江钱江摩托股份有限公司2022年限制性股票激励计划（草案）>及其摘要的 议案》《关于<浙江钱江摩托股份有限公司2022年限制性股票激励计划实施考核 管理办法>的议案》《关于提请股东大会授权董事会办理公司2022年限制性股票 激励计划相关事项的议案》。 公司实施2022年限制性股票激励计划获得批准，董事会被授权确定授予 日、在激励对象符合条件时向激励对象授予限制性股票，并办理授予所必需的 浙江钱江摩托股份有限公司 关于调整限制性股票回购价格并回购注销部分限制性股票的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 浙江钱江摩托股份有限公司（以下简称"公司"）于2025年7月7日召开的第 九届董事会第九次会议、第九届监事会第七次会议，审议通过了《关于调整限 制性股票回购价格并回购注销部分限制性股票 ...

件成就的公告 证券代码：000913 证券简称：钱江摩托 公告编号：2025-025 浙江钱江摩托股份有限公司 关于2022年限制性股票激励计划首次授予部分第三个 解除限售期及预留授予部分第二个解除限售期解除限售条 本公司及董事会全体成员保证信息披露的内容真实、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、本次符合首次授予部分第三个解除限售期解除限售条件的激励对象 146 人，可解除限售的限制性股票数量 359.625 万股，占公司目前总股本的 0.6829%； 符合预留授予部分第二个解除限售期解除限售条件的激励对象 13 人，可解除限 售的限制性股票数量 10.25 万股，占公司目前总股本的 0.0195%。 2、本次解除限售事项仍需向有关机构办理相关手续后方可解除限售，届时 将另行公告相关事宜，敬请投资者注意。 浙江钱江摩托股份有限公司（以下简称"公司"）2022 年限制性股票激励计 划（以下简称"激励计划"）规定的首次授予部分第三个解除限售期及预留授予部 分第二个解除限售期解除限售条件已经成就，公司于 2025 年 7 月 7 日召开第九 届董事会第九次会议、第九届监事会第七次会议 ...