Core Viewpoint - Zongshen Power (001696.SZ) expects a net profit attributable to shareholders of 665 million to 782 million yuan for the first three quarters, representing a year-on-year growth of 70% to 100% [1] - The net profit excluding non-recurring gains and losses is projected to be 627 million to 737 million yuan, also reflecting a year-on-year increase of 70% to 100% [1] Business Performance - The growth in the general machinery business and motorcycle engine business contributed to the overall performance increase [1] - Enhanced earnings from investments in joint ventures also played a significant role in the company's performance growth [1]

Group 1 - The company Zongshen Power (SZ 001696) announced an earnings forecast on October 14, expecting a net profit attributable to shareholders of 666 million to 782 million yuan for the first three quarters of 2025, representing a year-on-year growth of 70% to 100% [1] - The basic earnings per share are projected to be between 0.5807 yuan and 0.6832 yuan [1] - The main reasons for the performance change include growth in the general machinery and motorcycle engine businesses, as well as increased income from investments in joint ventures, leading to overall performance growth [1] Group 2 - For the first half of 2025, the revenue composition of Zongshen Power is as follows: 97.37% from machinery manufacturing, 2.07% from other businesses, and 0.56% from additional operations [1] - As of the report date, Zongshen Power has a market capitalization of 28.5 billion yuan [1]

每经AI快讯，10月14日，宗申动力(001696.SZ)公告称，宗申动力预计2025年前三季度归属于上市公司 股东的净利润为6.65亿元–7.82亿元，比上年同期增长70%–100%。报告期内，通用机械业务和摩托车发 动机业务规模增长，以及公司投资联营企业收益提升，公司整体业绩实现同比增长。 ...

宗申动力10月14日公告，预计前三季归母净利润6.65亿元-7.82亿元，同比增长70%-100%。报告期内， 通用机械业务和摩托车发动机业务规模增长，以及公司投资联营企业收益提升，公司整体业绩实现同比 增长。 ...

Core Viewpoint - Zongshen Power (001696.SZ) announced the termination of its initial public offering (IPO) and listing guidance for its subsidiary, Zongshen Aviation Power, due to strategic development needs and changes in the capital market environment [1] Group 1 - The termination agreement with the advisory firm, CICC, was signed on September 30, 2025 [1] - The termination of the listing guidance was officially reported to the Chongqing Securities Regulatory Bureau on October 13 [1] - The Chongqing Securities Regulatory Bureau confirmed the termination of the listing guidance on October 14 [1]

Core Viewpoint - The company Zongshen Power announced an expected net profit of 665 million to 782 million yuan for the first three quarters of 2025, representing a year-on-year growth of 70% to 100% [1] Summary by Relevant Categories Financial Performance - The projected net profit for the first three quarters of 2025 is between 665 million and 782 million yuan, indicating a significant increase compared to the previous year [1] - The expected growth rate of 70% to 100% highlights strong financial performance [1] Business Segments - Growth in the general machinery business and motorcycle engine business contributed to the overall performance increase [1] - Enhanced earnings from investments in joint ventures also played a role in the company's improved results [1]

2023 年 6 月 29 日，重庆宗申动力机械股份有限公司（简称"公司"）控股 子公司重庆宗申航空发动机制造股份有限公司（简称"宗申航发公司"）向中国 证券监督管理委员会重庆监管局（简称"重庆证监局"）报送了首次公开发行股 票并上市辅导备案登记材料，并于 2023 年 6 月 30 日获得重庆证监局受理，辅导 机构为中国国际金融股份有限公司（简称"中金公司"）。具体内容详见公司于 2023 年 7 月 4 日在指定媒体和巨潮资讯网（www.cninfo.com.cn）上披露的相关 公告。 证券代码：001696 证券简称：宗申动力 公告编号：2025-55 重庆宗申动力机械股份有限公司 关于控股子公司上市辅导备案的进展公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏。 2025 年 10 月 15 日 1 / 1 综合考虑宗申航发公司战略发展需要及资本市场环境变化，宗申航发公司终 止上述上市辅导事项。2025 年 9 月 30 日，宗申航发公司与其辅导机构中金公司 签署《重庆宗申航空发动机制造股份有限公司与中国国际金融股份有限公司辅导 协议之终止协议》，并于 ...

证券代码：001696 证券简称：宗申动力 公告编号：2025-56 重庆宗申动力机械股份有限公司 二、与会计师事务所沟通情况 本期业绩预告未经会计师事务所预审计。 2025 年前三季度业绩预告 本公司及董事会全体成员保证公告内容的真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 一、本期业绩预计情况 1．业绩预告期间 2025 年 1 月 1 日至 2025 年 9 月 30 日 2．业绩预告情况 预计净利润为正值且属于下列情形之一： 扭亏为盈 同向上升 同向下降 | 项 | 目 | 2025 1 1 日—2025 9 | 年 | 月 | 年 | 月 | 30 | 日 | 上年同期 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 归属于上市公司股 | | 盈利：66,500 万元–78,235 | | | | 万元 | | | 盈利：39,117.61 | 万元 | | 东的净利润 | | 比上年同期增长：70%–100% | | | | | | | | | | 归属于上市公司股 东的扣除非经常性 | ...

Core Viewpoint - Chongqing is transforming into a global industrial base for smart connected electric vehicles, with ambitious production targets and a focus on electric two-wheelers, aiming for an annual output of over 15 million units by 2027 [1][14]. Group 1: Industry Transformation - The production of electric motorcycles in Chongqing reached 1.45 million units from January to July this year, marking a 34% year-on-year increase, indicating a rapid shift towards electrification [2]. - Chongqing has attracted seven of the top ten electric vehicle companies in China, including Yadea and Aima, with a local supply rate exceeding 60% for key components [1][10]. - The local government has initiated the "Chongqing Smart Connected Electric Vehicle Industry Development Action Plan (2025-2027)," aiming to establish a global industrial base for smart electric vehicles [1][14]. Group 2: Historical Context - Chongqing was once the heart of motorcycle manufacturing in China, producing the first civilian motorcycle, the "Jialing CJ50," in 1979, which symbolized the beginning of motorized transportation for Chinese families [4][7]. - The decline of the "Big Three" motorcycle manufacturers—Lifan, Longxin, and Zongshen—was attributed to policy changes, market saturation, and technological limitations, leading to a significant shift in the industry landscape [8][9]. Group 3: Smart and Electric Integration - The focus is shifting from merely achieving electrification to integrating smart technologies, with companies like Tailin implementing Huawei's HarmonyOS for enhanced connectivity features [12][13]. - The Chongqing government is promoting the development of a "Smart Electric Vehicle Data Service System" to facilitate future applications like battery swapping and shared mobility [10][12]. - The challenge lies in balancing the cost of smart features with consumer willingness to pay, as the electric two-wheeler market is highly price-sensitive [12][13]. Group 4: Global Expansion - With the domestic market reaching saturation, Chongqing's motorcycle companies are looking to expand internationally, particularly in Southeast Asia, Africa, and Latin America [2][16]. - The logistics network in Chongqing is a competitive advantage for exporting electric vehicles, with efficient routes established to key markets [19]. - Companies are adapting their products for international markets, focusing on customization and smart technology to differentiate themselves from competitors [20][21].

Core Viewpoint - The sodium-ion battery concept has seen a significant increase in stock prices, with a 3.08% rise, ranking fifth among concept sectors, indicating growing investor interest and potential in this technology [1][2]. Group 1: Market Performance - As of September 29, the sodium-ion battery sector had 116 stocks rising, with notable performers including Wanrun New Energy, which hit a 20% limit up, and Tianqi Materials, Fengshan Group, and Xiangtan Electric, all reaching their daily limit up [1]. - The top gainers in the sector included Tianqi Technology (up 14.36%), Haike New Source (up 12.96%), and Huasheng Lithium (up 12.41%) [1][9]. - Conversely, leading decliners included Xian Dao Intelligent (down 3.59%), Zongshen Power (down 2.00%), and Yunnan Energy Investment (down 1.43%) [1]. Group 2: Capital Inflow - The sodium-ion battery sector attracted a net inflow of 1.289 billion yuan, with 64 stocks receiving net inflows, and 10 stocks exceeding 100 million yuan in net inflow [2]. - Tianqi Materials led the net inflow with 983.3 million yuan, followed by Duofluor and Ningde Times with net inflows of 497 million yuan and 464 million yuan, respectively [2][3]. - The highest net inflow ratios were observed in Fengshan Group (52.26%), Duofluor (46.70%), and Tianji Shares (42.84%) [3]. Group 3: Stock Performance Metrics - Key stocks in the sodium-ion battery sector showed significant daily performance, with Tianqi Materials rising by 10.01% and Duofluor by 9.98% [3]. - The turnover rates for these stocks varied, with Tianqi Materials at 15.72% and Duofluor at 5.11%, indicating active trading [3]. - Other notable performers included Yiwai Lithium Energy (up 8.30%) and Guoxuan High-Tech (up 4.04%) [3].