Core Insights - Zhongtong Bus (000957.SZ) reported production and sales data for October 2025, indicating a strong performance in both metrics [1] Production Data - The company produced 883 buses in October 2025, representing a year-on-year increase of 21.63% [1] Sales Data - The sales volume for the month reached 1,083 units, showing a significant year-on-year growth of 33.87% [1]

Core Insights - Zhongtong Bus (000957) reported production and sales data for October, showing significant growth in both metrics [1] Production Data - In October, the production volume reached 883 units, representing a year-on-year increase of 21.63% [1] Sales Data - The sales volume for October was 1,083 units, reflecting a year-on-year growth of 33.87% [1]

股票简称：中通客车 股票代码：000957 公告编号:2025-059 中通客车股份有限公司董事会 中通客车股份有限公司 2025 年 11 月 7 日 2025 年 10 月份产销数据自愿性信息披露公告 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。 | 项 | 目 | 本月数 | 去年同期 | 单月同比 | 本年累计 | 去年同 | 累计同比 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | 变动 | | 期累计 | 变动 | | 生产量 | | 883 | 726 | 21.63% | 10141 | 9639 | 5.21% | | 其中：大型车 | | 314 | 363 | -13.50% | 6008 | 5685 | 5.68% | | 中型车 | | 534 | 324 | 64.81% | 3456 | 3207 | 7.76% | | 轻型及物流车 | | 35 | 39 | -10.26% | 677 | 747 | -9.37% | | 销售量 | | 1083 ...

Core Viewpoint - Zhongtong Bus announced that total vehicle sales reached 1,083 units and total production was 883 units in October 2025, with cumulative vehicle sales from January to October 2023 at 10,093 units, representing a year-on-year increase of 7.95% [1] Summary by Category - **Sales Performance** - Total vehicle sales for October 2025 were 1,083 units [1] - Cumulative vehicle sales from January to October 2023 reached 10,093 units, showing a year-on-year growth of 7.95% [1] - **Production Data** - Total vehicle production for October 2025 was 883 units [1] - **Electric Vehicle Data** - Sales and production data for new energy vehicles were not separately disclosed [1]

Core Insights - The company reported a production volume of 883 units in October 2025, representing a year-on-year increase of 21.63% [1] - Cumulative production for the year reached 10,141 units, reflecting a year-on-year growth of 5.21% [1] - The sales volume for October was 1,083 units, showing a significant year-on-year increase of 33.87% [1] - Year-to-date sales totaled 10,093 units, which is a year-on-year increase of 7.95% [1] - Notably, the production and sales of medium-sized vehicles saw substantial growth, with production up 64.81% and sales up 102.52% year-on-year in October [1] - However, there was a decline in production and sales figures for large vehicles and light logistics vehicles [1] - Final data will be confirmed in periodic reports, and production and sales figures should not be directly used to infer financial performance [1]

Market Overview - The commercial vehicle sector increased by 0.71% compared to the previous trading day, with CIMC Vehicles leading the gains [1] - The Shanghai Composite Index closed at 4007.76, up 0.97%, while the Shenzhen Component Index closed at 13452.42, up 1.73% [1] Stock Performance - Notable gainers in the commercial vehicle sector included: - Zhongshun Vehicles: Closed at 9.97, up 2.26% with a trading volume of 227,100 shares and a turnover of 226 million [1] - China National Heavy Duty Truck: Closed at 18.62, up 1.64% with a trading volume of 175,000 shares and a turnover of 328 million [1] - Yutong Bus: Closed at 32.45, up 1.00% with a trading volume of 147,700 shares and a turnover of 477 million [1] - Conversely, Hanma Technology saw a decline of 3.93%, closing at 7.33 with a trading volume of 770,400 shares and a turnover of 573 million [2] Capital Flow - The commercial vehicle sector experienced a net outflow of 414 million from institutional investors, while retail investors saw a net inflow of 260 million [2] - The detailed capital flow for specific stocks showed: - Foton Motor: Net outflow of 8.14 million from institutional investors, but a net inflow of 8.14 million from retail investors [3] - Zhongtong Bus: Net inflow of 12.16 million from retail investors, despite a net outflow from institutional investors [3] - King Long Motor: Significant net outflow of 59.01 million from institutional investors, with a net inflow of 42.44 million from retail investors [3]

Market Overview - The commercial vehicle sector experienced a decline of 0.51% on November 5, with Hanma Technology leading the drop [1] - The Shanghai Composite Index closed at 3969.25, up 0.23%, while the Shenzhen Component Index closed at 13223.56, up 0.37% [1] Stock Performance - Notable gainers in the commercial vehicle sector included: - Zhongshun Vehicles (301039) with a closing price of 9.75, up 4.50% and a trading volume of 237,900 shares [1] - Jinlong Automobile (600686) closed at 15.95, up 2.44% with a trading volume of 385,000 shares [1] - Shuguang Co. (600303) closed at 3.96, up 2.06% with a trading volume of 250,100 shares [1] - Conversely, Hanma Technology (600375) led the decline with a closing price of 7.63, down 3.05% and a trading volume of 768,700 shares [2] - Other notable decliners included: - Jianghuai Automobile (600418) down 2.15% to 47.70 [2] - Zhongtong Bus (000957) down 0.60% to 11.67 [2] Capital Flow - The commercial vehicle sector saw a net outflow of 287 million yuan from institutional investors, while retail investors contributed a net inflow of 286 million yuan [2] - The sector's overall capital flow indicated a mixed sentiment among different investor types [2] Detailed Capital Flow Analysis - Key stocks and their capital flow: - Jinlong Automobile (600686) had a net inflow of 72.80 million yuan from institutional investors, while retail investors saw a net outflow of 74.83 million yuan [3] - Hanma Technology (600375) experienced a net outflow of 22.53 million yuan from institutional investors [3] - Other stocks like Foton Motor (600166) and Dongfeng Motor (600006) also showed significant net outflows from institutional investors [3]

Core Viewpoint - The commercial vehicle sector is experiencing a significant performance surge in Q3 2025, with major companies reporting substantial revenue and profit increases after a challenging first half of the year [1][2]. Group 1: Commercial Vehicle Performance - Ten listed commercial vehicle companies reported total revenue exceeding 124.4 billion yuan and net profit over 5.8 billion yuan in Q3 2025 [1]. - Weichai Power led the industry with revenue of 57.42 billion yuan and a net profit of 3.23 billion yuan [1]. - Eighty percent of commercial vehicle companies saw significant increases in both revenue and net profit in Q3 compared to the previous half [1]. Group 2: Heavy Truck Sales Growth - Heavy truck sales in Q3 showed remarkable growth, with monthly sales of 84,900 units in July, 88,000 units in August, and 105,000 units in September, representing year-on-year increases of 45.6%, 41%, and 82% respectively [1][2]. - Major heavy truck manufacturers, including FAW Jiefang and Foton Motor, reported revenues exceeding 15 billion yuan and net profits over 300 million yuan in Q3 [2]. Group 3: Policy and Market Drivers - Government policies supporting the commercial vehicle sector, including subsidies for scrapping old vehicles and promoting natural gas and "National IV" vehicles, have stimulated market growth [3][4]. - The penetration rate of new energy vehicles in the commercial vehicle sector is rapidly increasing, contributing to market expansion, with 24,000 new energy heavy trucks sold in September alone, marking a 184% year-on-year increase for the first nine months [3]. Group 4: Bus Sector Performance - Bus companies also reported significant revenue increases, with Yutong Bus achieving 10.24 billion yuan in revenue and a net profit of 1.357 billion yuan in Q3, reflecting a 32.3% and 78.9% year-on-year increase respectively [5][6]. - King Long Motor reported a revenue of 6.002 billion yuan and a net profit increase of 1211% in Q3, driven by increased sales and enhanced export business [7].

（编辑 姚尧） 证券日报网讯 11月3日晚间，中通客车发布公告称，2025年中期权益分派方案为向全体股东每10股派0.5 元人民币现金（含税）。股权登记日为2025年11月11日，除权除息日为2025年11月12日。 ...

证券代码：000957 证券简称：中通客车 公告编号：2025-057 中通客车股份有限公司（以下简称"公司"）于 2025 年 4 月 24 日召开了第十一届董事会第十一次会议，审议通过了《关于回购部分 A 股股份方案的议案》，同意公司使用自有资金或自筹资金以集中竞 价交易方式回购部分公司股份，用于股权激励或者员工持股计划。本 次回购股份的资金总额不超过人民币2亿元（含）且不低于1亿元（含）； 回购价格不超过人民币 15 元/股；实施期限为自公司董事会审议通过 回购方案之日起 12 个月内。具体内容详见公司于 2025 年 6 月 7 日在 《中国证券报》《证券时报》《证券日报》《上海证券报》及巨潮资讯 网披露的《关于回购部分 A 股股份的回购报告书》(公告编号： 2025-034）。 根据《上市公司股份回购规则》《深圳证券交易所上市公司自律 监管指引第 9 号—回购股份》等相关规定，上市公司应当在每个月的 前三个交易日内披露截至上月末的回购进展情况。现将公司回购进展 情况公告如下： 一、回购股份进展情况 截至 2025 年 10 月 31 日，公司通过股份回购专用证券账户以集 中竞价交易方式回购公司股份 ...