1月，我国摩托车产业迎来良好开局，行业产销量同比、环比均实现明显增长；外贸出口延续上年良好 增长态势，单月出口量创下近年新高。 产销情况 1月，从车型明细来看，三大车型中，跨骑车产销104.75万辆和105.26万辆，产销量环比增长3.01%和 0.06%，同比增长17.91%和18.85%；踏板车产销52.84万辆和50.39万辆，产量环比下降0.93%，销量环比 增长9.4%，同比增长37.23%和29.03%；弯梁车产销20.63万辆和22.93万辆，产销量环比增长0.28%和 19.71%，同比增长39.71%和36.38%。从各车型销量占二轮车总销量的比重看，跨骑、踏板和弯梁三类 车型占比分别为58.39%、29.46%和11.5%。 1月，正三轮摩托车产销21.08万辆和20.78万辆，产销量环比下降15.76%和19.37%，同比增长24.18%和 17.05%。其中，普通货运三轮车产销16万辆和15.78万辆，产销量环比下降12.84%和15.85%，产销量同 比增长15.5%和9.66%；普通客运三轮车产销4.81万辆和4.7万辆，产销量环比下降23.01%和26.93%，同 比增长62.3 ...

以下文章来源于科创日报 ，作者李佳怡 科创日报 . 科创圈都在关注的主流媒体，上海报业集团主管主办，《科创板日报》出品。 这个春节，低空经济有了新的打开方式。 除夕夜，宜宾长江江面，全球首个eVTOL水上机场浮于江心，成为演员迪丽热巴的"专属舞台"；合肥夜空，22580架无人机腾空而起，刷 新吉尼斯世界纪录。从eVTOL水上机场到无人机"国家队"编队，低空经济以最富想象力的方式闯入亿万观众视野。 与此同时，在长江三角洲，一批归乡者没有选择拥堵的高速公路，而是登上直升机，从上海起飞，三十分钟后便降落在江苏南通、浙江嵊泗 等地。 以上海为核心、联动苏浙皖的低空航线网络已初具规模，部分航线春节前预订火爆，成为春节新风潮。 当无人机编队点亮除夕夜空，当"打飞的"成为普通人春运回家的真实选项。这也意味着，低空经济不再只是产业报告里的专业术语，而 是"飞入"寻常百姓家，加速从概念验证滑向规模化商用。 春晚无人机破纪录，春运直升机载客忙：低空经济"破圈"进行时 今年除夕夜，低空经济以最富想象力的方式，闯入亿万观众的视野。 在春晚分会场宜宾的长江滨水区域，一座流光溢彩的水上平台浮于江面，成为演员迪丽热巴舞蹈表演的"专属舞台" ...

Core Viewpoint - Longxin General Power Co., Ltd. plans to conduct an asset swap with Chongqing Zongshen Power Machinery Co., Ltd. to address the issue of competition in the motorcycle and general machinery sectors, aiming for business focus and specialization [2][3] Group 1: Asset Swap Details - Longxin General intends to exchange its general machinery-related assets and liabilities, primarily the equity of Chongqing Xinlongxin Electromechanical Co., Ltd., for Zongshen Power's motorcycle engine-related assets and liabilities, mainly the equity of Chongqing Zongshen Engine Manufacturing Co., Ltd. [2] - The difference in the valuation of the swapped assets will be compensated in cash by one party to the other, and the transaction will not involve issuing shares or changing the controlling shareholder [2] Group 2: Background and Strategic Focus - The asset swap is motivated by a change in the actual controller of Longxin General, which will occur in December 2024, leading to indirect control by Zongshen Industrial Group Co., Ltd. This has resulted in competition in related business areas with subsidiaries controlled by Zongshen Group, including Zongshen Power [2] - Post-transaction, Longxin General will focus its resources on developing motorcycle complete vehicles and motorcycle engine businesses, emphasizing core power technology research and global channel layout to enhance its motorcycle powertrain capabilities [3]

恒生指数成分股调整，宁德时代、洛阳钼业、老铺黄金被纳入 重要新闻提示 央行：1月末，社会融资规模同比增长8.2%，广义货币供应量（M2）同比增长9.0% 6.中国人民银行2月13日消息，为构建覆盖全面的宏观审慎管理体系，强化系统重要性金融机构监管， 根据《系统重要性银行评估办法》，近期中国人民银行、国家金融监督管理总局开展了2025年度我国系 统重要性银行评估，认定21家国内系统重要性银行，其中国有商业银行6家，股份制商业银行10家，城 市商业银行5家。 按系统重要性得分从低到高分为五组：第一组11家，包括中国民生银行、中国光大银行、平安银行、华 夏银行、宁波银行、江苏银行、北京银行、南京银行、广发银行、浙商银行、上海银行；第二组4家， 包括兴业银行、中信银行、浦发银行、中国邮政储蓄银行；第三组2家，包括交通银行、招商银行；第 四组4家，包括中国工商银行、中国银行、中国建设银行、中国农业银行；第五组暂无银行进入。 公司新闻 1.西南证券：2月13日晚公告称，公司拟向包括重庆渝富控股集团及其一致行动人重庆水务环境控股集 团在内的特定对象发行A股股票，募集资金总额不超过60亿元，扣除发行费用后拟全部用于补充公司资 ...

Core Viewpoint - Chongqing Zongshen Power Machinery Co., Ltd. is planning a significant asset swap with Longxin General Power Co., Ltd. to address competition issues and enhance business focus and specialization [2][4][12]. Group 1: Transaction Overview - The company intends to exchange its motorcycle engine-related assets and liabilities, primarily the equity of Chongqing Zongshen Engine Manufacturing Co., Ltd., with Longxin General's general machinery-related assets and liabilities, primarily the equity of Chongqing Xinlongxin Electromechanical Co., Ltd. [2][4] - The transaction will involve cash compensation for the difference in asset values, and the specific asset scope will be determined after due diligence, auditing, and evaluation [2][4][5]. - This transaction is classified as a related party transaction and is expected to constitute a major asset restructuring as per regulations [2][5]. Group 2: Impact on the Company - The transaction aims to resolve the existing competition between Zongshen Power and Longxin General, promoting clearer and more specialized business development [12]. - Post-transaction, Zongshen Power will focus resources on developing core businesses in general machinery with technological advantages and market potential, optimizing asset and resource allocation [12]. - The transaction will not involve issuing shares and will not change the company's controlling shareholder or actual controller, thus maintaining the current equity structure [13].

Core Viewpoint - The transaction between Zongshen Power (宗申动力) and Longxin General (隆鑫通用) aims to resolve the issue of industry competition between the two companies by swapping their respective assets related to motorcycle engines and general machinery, thereby promoting clearer and more specialized business development for both parties [2][4]. Group 1: Transaction Details - Zongshen Power plans to exchange its motorcycle engine business assets and liabilities, primarily the equity of Chongqing Zongshen Engine Manufacturing Co., Ltd., with Longxin General's general machinery business assets and liabilities, primarily the equity of Chongqing Xinlongxin Electromechanical Co., Ltd. [2] - The transaction will involve a cash adjustment to account for the difference in asset values exchanged [2]. - This transaction is classified as a related party transaction due to both companies being indirectly controlled by the same individual, Zuo Zongshen [4]. Group 2: Strategic Objectives - The transaction is intended to eliminate the existing competition between Zongshen Power and Longxin General, allowing Zongshen Power to focus on developing its core business in general machinery, which has technological advantages and market potential [4]. - Longxin General aims to concentrate its resources on motorcycle complete vehicles and engine businesses, enhancing its core power technology research and global channel development [4]. Group 3: Financial Projections - For 2025, Zongshen Power expects to achieve a net profit attributable to shareholders of between 646 million and 738 million yuan, representing a year-on-year growth of 40% to 60% [5]. - Longxin General anticipates a net profit attributable to shareholders of between 1.65 billion and 1.8 billion yuan for 2025, with a year-on-year growth of 47.15% to 60.53% [5]. Group 4: Current Market Reaction - As of February 13, the stock price of Zongshen Power decreased by 1.03%, while Longxin General's stock price fell by 1.52% [6].

不停牌。 宗申动力（001696）2月13日晚间公告，公司拟将其持有的摩托车发动机业务相关资产与负债（以重庆 宗申发动机制造有限公司股权为核心）与隆鑫通用动力股份有限公司（简称"隆鑫通用"，证券代码： 603766）持有的通用机械业务相关资产与负债（以重庆新隆鑫机电有限公司股权为核心）进行置换，置 换资产交易作价的差额将由一方向另一方以现金方式补足（简称"本次交易"）。本次交易公司股票不停 牌。 END 点击关键字可查看 潜望系列深度报道丨 股事会专栏 丨 投资小红书 丨 e公司调查 丨 时报会客厅 丨 十大明星私募访谈 丨 宁德时代被纳入！港股，重大调整！ 丨 688209在互动平台"自问自答"，被证监会立案调查 丨 002969突发！深交所暂停部分投资者交易 丨 天风证券，被证监会立案！ 丨 600893尾盘涨停！军 工股拉升 丨 实探丨深圳出手规范黄金市场，水贝商家：只接"现货" 丨 存储芯片，逆市大涨！ 丨 深 圳出手！不得违规开展黄金预定价交易！ 丨 美股、黄金、白银，集体大跌！ 根据初步研究和测算，本次交易预计将构成《上市公司重大资产重组管理办法》规定的重大资产重组。 本次交易所涉资产的具体范围将 ...

2月13日晚，宗申动力（001696）公告称，拟将其持有的摩托车发动机业务相关资产与负债（以重庆宗申发动机制造有限公司股权为核心）与隆鑫通用 （603766）持有的通用机械业务相关资产与负债（以重庆新隆鑫机电有限公司股权为核心）进行置换，置换资产交易作价的差额将由一方向另一方以现金 方式补足。 从业绩来看，2025年宗申动力与隆鑫通用的净利润预计实现增长。宗申动力预计2025年实现归母净利润6.46亿元至7.38亿元，同比增长40%至60%；隆鑫 通用2025年预计实现归母净利润16.5亿元至18亿元，同比增长47.15%至60.53%。 本次交易构成关联交易。根据初步研究和测算，本次交易预计将构成重大资产重组。 宗申动力与隆鑫通用的实际控制人均为左宗申。2024年12月，隆鑫通用实际控制人发生变化后，隆鑫通用由宗申产业集团有限公司间接控制，公司与隆鑫 通用在摩托车发动机及通用机械等方面存在同业竞争。 宗申动力表示，本次交易旨在解决宗申动力与隆鑫通用之间存在的同业竞争问题，推动双方实现业务清晰化、专业化发展。本次交易完成后，宗申动力将 集中资源发展通用机械等具有技术优势和市场前景的核心业务，进一步强化主营业务 ...

Core Viewpoint - Zongshen Power plans to swap its motorcycle engine business assets and liabilities with Longxin General's general machinery business assets and liabilities, addressing industry competition and enhancing business clarity and specialization [1] Group 1: Transaction Details - The transaction involves the exchange of equity in Chongqing Zongshen Engine Manufacturing Co., Ltd. and Chongqing Xinlongxin Electromechanical Co., Ltd. [1] - The difference in the transaction value will be compensated in cash by one party to the other [1] - This transaction is classified as a related party transaction due to Longxin General being controlled by Zuo Zongshen, the actual controller of Zongshen Power [1] Group 2: Strategic Implications - The transaction is expected to constitute a significant asset restructuring without changing the controlling shareholder or actual controller of the company [1] - Post-transaction, Zongshen Power will focus resources on developing general machinery, which has technological advantages and market prospects [1] - The transaction aligns with the company's strategic development direction, aiming to improve the quality of the listed company and protect the interests of minority shareholders [1]

Core Viewpoint - The asset swap between Longxin General and Zongshen Power aims to resolve the existing competition between the two companies and focus on specialized development in their respective fields [1][2]. Group 1: Asset Swap Details - Longxin General plans to exchange its general machinery assets and liabilities for Zongshen Power's motorcycle engine assets and liabilities, with the core asset being the equity of Chongqing Zongshen Engine Manufacturing Co., Ltd. [1][2] - The transaction price for the asset swap has not been determined yet and will be based on the assessed value of the assets involved [1][2]. - The swap is expected to be an associated transaction but will not constitute a major asset restructuring, and it will not involve issuing shares or changing the controlling shareholders [2]. Group 2: Company Focus Post-Swap - After the transaction, Longxin General will concentrate its resources on developing motorcycle complete vehicles and engines, enhancing core power technology research and global channel layout [2][5]. - Zongshen Power will focus on its core business in general machinery, which has technological advantages and market prospects, optimizing asset and resource allocation [2][5]. Group 3: Historical Context and Performance - The asset swap has been anticipated, with prior announcements indicating plans for capital increase and asset transfers within Longxin General [3]. - Longxin General's motorcycle business achieved sales revenue of 7.273 billion in the first half of 2025, a year-on-year increase of 23.14%, while its general machinery business saw revenue of 2.185 billion, up 52.82% [5]. - Zongshen Power's general machinery business reported revenue of 3.647 billion, a 73.06% increase, and its motorcycle engine business generated 2.330 billion, growing by 14.39% in the same period [6].