公募基金方面，本期较上一期持股增加的公募基金共计4个，包括永赢低碳环保智选混合发起A、国泰 中证军工ETF、德邦新兴产业混合发起式A、华安鼎安优选一年持有混合A，持股增加占比达0.39%。本 期较上一季度持股减少的公募基金共计4个，包括万家中证1000指数增强A、光大保德信专精特新混合 A、光大保德信新增长混合A、光大保德信中国制造混合A，持股减少占比小幅下跌。本期较上一季度 新披露的公募基金共计19个，主要包括南方中证500ETF、博时主题行业混合、广发中证军工ETF、中 航军民融合精选A、万家互联互通中国优势量化策略混合A等。本期较上一季未再披露的公募基金共计8 个，主要包括南方中证1000ETF、南方军工改革灵活配置混合A、华夏中证1000ETF、富国中证军工指 数A、中银新动力股票A等。 外资态度来看，本期较上一季度持股减少的外资基金共计1个，即香港中央结算有限公司，持股减少占 比小幅下跌。 2025年8月26日，宗申动力(001696.SZ)发布2025年半年度报告。截至2025年8月25日，共有37个机构投 资者披露持有宗申动力A股股份，合计持股量达4.69亿股，占宗申动力总股本的41.00%。其 ...

Core Viewpoint - The company has reported significant growth in revenue and net profit for the first half of 2025, while also outlining strategic initiatives for transformation and operational efficiency [6][24]. Financial Performance - The company achieved operating revenue of 6,654.90 million yuan, representing a year-on-year increase of 40.29% [6]. - The net profit attributable to shareholders reached 505.64 million yuan, marking a year-on-year growth of 79.37% [6]. Strategic Initiatives - The company is focusing on transforming into a digital, technological, and intelligent integrated service provider for power systems, emphasizing core business areas and expanding into emerging sectors [5][24]. - Key areas of strategic focus include "aviation power," "new energy," and "high-end components," with increased investment in research and market development [5]. - The company is optimizing its operational system to enhance profitability through improved supply chain management and smart production processes [5]. Corporate Governance Changes - The company has decided to abolish the supervisory board, transferring its responsibilities to the audit committee of the board of directors, in line with updated legal and regulatory requirements [24][25]. - Amendments to the company's articles of association and related management systems have been proposed to enhance governance structures [24].

Group 1 - The company is undergoing a board re-election process as the current board's term is about to expire, in accordance with relevant laws and regulations [2][3][4] - The new board will consist of 9 members, including 6 non-independent directors and 3 independent directors, with the election process to be conducted at the upcoming shareholders' meeting [3][4] - The candidates for the new board have been nominated and their qualifications have been verified, ensuring compliance with legal requirements [3][4][10] Group 2 - The company has announced the election of an employee director, Mr. Guo Qiang, who will join the newly elected board [14][17] - The election process for the new board members will utilize a cumulative voting method, allowing shareholders to allocate their votes among candidates [29][30] - The upcoming shareholders' meeting is scheduled for September 10, 2025, and will include both on-site and online voting options [20][21][22] Group 3 - The company has been authorized to use up to 1 billion RMB of its idle funds for financial investments, with the approval of the board and shareholders [19] - The company has reported that from January 1 to June 30, 2025, it has not exceeded the authorized investment limit for financial products [19][20] - The company will hold a half-year performance briefing on September 2, 2025, to discuss its financial results and engage with investors [41][42][43]

Group 1 - The core viewpoint of the articles highlights the strong financial performance and growth potential of the company, particularly in traditional and emerging business sectors [1][2][3] - In the first half of 2025, the company achieved operating revenue of 6.655 billion yuan, a year-on-year increase of 40.29%, and a net profit attributable to shareholders of 506 million yuan, up 79.37% [1] - The company maintains its leading position in the general machinery and motorcycle engine sectors while increasing investment in emerging fields such as aviation power, new energy, and high-end components [1][2] Group 2 - The company's general machinery products generated revenue of 3.644 billion yuan, a growth of 73.09%, while engine products achieved revenue of 2.324 billion yuan, increasing by 14.23% [1] - The company has made significant breakthroughs in overseas emerging markets, with domestic sales revenue of 3.343 billion yuan, up 23.68%, and foreign sales revenue reaching 3.312 billion yuan, a growth of 62.28% [1] - The aviation power business is developing steadily, with the CA500 aviation piston engine expected to be the first domestic aviation power product to receive airworthiness approval [2] Group 3 - The company has made notable progress in electric drive systems, energy storage, and hydrogen energy businesses, achieving significant breakthroughs in electric motorcycle and special vehicle markets [3] - The energy storage sector has developed a range of products covering both residential and commercial scenarios, with ongoing product upgrades [3] - The hydrogen energy business has developed fuel cell systems and established a hydrogen supply station with a daily supply capacity of 500 kg, supporting hydrogen vehicles in the industrial park [3] Group 4 - The company plans to focus on capacity adjustment, inventory optimization, deleveraging, cost reduction, and addressing weaknesses to ensure the achievement of its operational goals for 2025 [3]

Core Viewpoint - Zongshen Power reported significant growth in revenue and net profit for the first half of 2025, driven by strong performance in traditional and emerging business sectors [1][2]. Financial Performance - The company achieved operating revenue of 6.655 billion yuan, a year-on-year increase of 40.29% [1]. - Net profit attributable to shareholders reached 506 million yuan, up 79.37% year-on-year [1]. - Revenue from general machinery products was 3.644 billion yuan, growing 73.09% [1]. - Engine products generated revenue of 2.324 billion yuan, an increase of 14.23% [1]. - Revenue from component products and new energy products was 286 million yuan and 262 million yuan, with year-on-year growth of 21.78% and 18.43% respectively [1]. Market Expansion - The company made significant breakthroughs in overseas emerging markets, with domestic sales revenue of 3.343 billion yuan, up 23.68%, and foreign sales revenue of 3.312 billion yuan, increasing by 62.28% [1]. Emerging Business Developments - Zongshen Aviation maintained steady growth, focusing on customer needs and optimizing product lines [2]. - The CA500 aviation piston engine is set to become the first domestic aviation power product to receive airworthiness approval [2]. - The company is well-positioned to benefit from the low-altitude economy policy, enhancing its revenue and profit growth [2]. New Energy and Hydrogen Initiatives - The company made notable progress in electric drive systems, energy storage, and hydrogen energy [3]. - Zongshen's energy storage division has developed a range of products for residential and commercial applications [3]. - The company has established a hydrogen supply station with a daily capacity of 500 kg, supporting hydrogen vehicles in industrial parks [3]. Future Outlook - Zongshen Power plans to focus on capacity adjustment, inventory optimization, deleveraging, cost reduction, and addressing weaknesses to achieve its operational goals for 2025 [3].

Summary of Zongshen Power's Conference Call Company Overview - Zongshen Power is a leading manufacturer of motorcycle engines and general machinery in China, with a focus on aviation power, new energy, and high-end components [3][4][10] Key Financial Highlights - Total revenue for 2024 is projected at 10.4 billion yuan, with general machinery and engine products accounting for 50% and 37% respectively, and exports making up 48% of total sales [2][3] - For the first half of 2025, a profit increase of 70%-100% is expected, with net profit estimated at 520 million yuan, representing an 85% year-on-year growth [2][5] Business Segments Motorcycle Engine Segment - Zongshen Power has over 30 years of experience in the motorcycle engine sector, with an annual production capacity of 5 million units [4][10] - In 2024, the company sold 3 million motorcycle engines, a year-on-year increase of 18% [3][10] - The market for large-displacement motorcycles is growing rapidly, with a compound annual growth rate (CAGR) of 24% for motorcycles over 250CC from 2019 to 2023 [10][11] General Machinery Segment - The company has made significant progress in general machinery through the acquisition of Dajiang Power, with sales of 4.8 million units in 2024 [12] - Zongshen plans to increase revenue by raising unit sales prices and expanding its product offerings [12] Aviation Engine Segment - The aviation engine business focuses on small and medium-sized piston engines, with revenue expected to reach 160 million yuan in 2024, a growth of over 70% [2][6] - The company has received military product qualifications, positioning it favorably in the military drone market [7][13] - Plans to spin off the aviation engine division for separate listing to enhance competitiveness [6][13] Market Opportunities - The drone market, both military and civilian, presents significant growth opportunities, especially in industrial applications such as emergency rescue and agricultural protection [7][8] - Zongshen's recent certification of the Arola domestic version marks a breakthrough in the light sport aircraft sector, paving the way for entry into the general aviation market [9] Overall Assessment - Zongshen Power is currently in a high-growth phase, with a market capitalization of approximately 30 billion yuan [14] - The synergy between traditional businesses and emerging sectors, along with the strategic advantages of operating in the Chongqing region, suggests substantial future growth potential [14]

智通财经APP讯，宗申动力(001696.SZ)发布2025年半年度报告，该公司营业收入为66.55亿元，同比增 长40.29%。归属于上市公司股东的净利润为5.06亿元，同比增长79.37%。归属于上市公司股东的扣除非 经常性损益的净利润为4.88亿元，同比增长81.96%。基本每股收益为0.4416元。 ...

宗申动力(001696.SZ)公告称，宗申动力发布2025年半年度报告，公司实现营业收入66.55亿元，同比增 长40.29%；归属于上市公司股东的净利润5.06亿元，同比增长79.37%。公司计划不派发现金红利，不送 红股，不以公积金转增股本。 ...

1 / 8 第二章 任职资格 重庆宗申动力机械股份有限公司 董事会秘书工作制度 （2025 年 8 月修订） 第一章 总则 第一条 为促进重庆宗申动力机械股份有限公司（以下简称"公 司"）规范运作，明确董事会秘书职责和权限，充分发挥董事会秘书 的作用，提高上市公司规范运作水平和信息披露质量，依据《中华人 民共和国公司法》（以下简称"《公司法》"）《中华人民共和国证券法》 《上市公司信息披露管理办法》《深圳证券交易所股票上市规则》（以 下简称"《上市规则》"）《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等法律法规、规范性文件和《重庆宗 申动力机械股份有限公司章程》（以下简称"《公司章程》"）的规定， 结合公司实际情况，制定本制度。 第二条 公司设董事会秘书一名，作为公司与深圳证券交易所的 指定联系人，负责以公司名义办理信息披露、公司治理、股票及其衍 生品种变动管理等其相关职责范围内的事务。 董事会秘书作为公司的高级管理人员，相关法律、行政法规、部 门规章以及《公司章程》对公司高级管理人员的有关规定，适用于董 事会秘书。 第三条 公司设立董事会办公室，董事会办公室为董事会秘书负 责管理 ...

（2025 年 8 月修订） 第一章 总 则 第一条 为强化董事会决策功能，进一步完善公司的关联交易制 度，充分保护公司及股东的利益，根据《中华人民共和国公司法》《上 市公司治理准则》《上市公司监管指引第 8 号——上市公司资金往来、 对外担保的监管要求》和《公司章程》等规定，制定本实施细则。 第二条 董事会关联交易委员会是董事会按照股东会决议设立的 专门工作机构；主要负责对须提交董事会或者股东会审议的关联交易 的必要性和公允性进行审核。 第二章 人员组成 重庆宗申动力机械股份有限公司 董事会关联交易委员会实施细则 第三条 关联交易委员会由五名成员组成，独立董事占多数并担 任召集人，至少有一名独立董事为专业会计人士。 第四条 关联交易委员会委员由董事长、过半数的独立董事提名， 并由董事会选举产生。 第五条 关联交易委员会设主任委员（召集人）一名，应当为会 计专业人士，负责主持委员会工作，主任委员在委员内选举，并报请 董事会批准产生。 第六条 关联交易委员会任期与董事会一致，委员任期届满，连 选可以连任。期间如有委员不再担任公司董事职务，自动失去委员资 1 / 4 格，并由委员会根据上述规定补足委员人数。 第七 ...