Sector Performance - Main funds flowed into general equipment, semiconductors, and real estate sectors [1] - Main funds flowed out of cultural media, communications, and transportation equipment sectors, with cultural media sector experiencing a net outflow of 3.087 billion yuan [1] Individual Stock Performance - Zongshen Power saw a limit-up and received a net inflow of 1.009 billion yuan, ranking first in net inflow [1] - Sugon, People's Network, and Supply and Marketing Collective were among the top stocks with significant net inflows [1] - Sichuan Development Longmang experienced a net outflow of 1.409 billion yuan, ranking first in net outflow [1] - Tom Cat, East Money, and 360 were among the top stocks with significant net outflows [1]

证券代码：001696 证券简称：宗申动力 公告编号：2024-62 重庆宗申动力机械股份有限公司 关于参股公司对外投资的进展公告 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。 一、交易概述 2024 年 7 月 1 日，公司参股公司重庆宗申新智造科技有限公司（简称"宗 申新智造"）与隆鑫集团有限公司、隆鑫控股有限公司、渝商投资集团股份有限 公司、重庆联恩实业有限公司、重庆寓翰房地产开发有限公司、重庆市渝商实业 投资有限公司、重庆瀛川实业有限公司、重庆隆鑫矿业投资有限公司、重庆隆鑫 投资有限公司、重庆渝商再生资源开发有限公司、重庆长江金控集团有限公司、 渭南鸿景商贸有限公司、重庆隆恒酒店有限公司（简称"隆鑫系十三家企业"） 的破产重整管理人（简称"隆鑫系十三家企业管理人"或"管理人"）签订《重 整投资协议》，参与隆鑫系十三家企业实质合并重整。宗申新智造拟出资 33.46 亿元收购隆鑫控股有限公司（简称"隆鑫控股"）所持隆鑫通用动力股份有限公 司（证券代码：603766，简称"隆鑫通用"）504,172,175 股股票，占隆鑫通用 总股本的 24.5513%。按 ...

Investment Rating - The report gives a "Recommend" rating for Zongshen Power (001696) with a current price of 27.62 yuan [2] Core Views - Zongshen Power is positioned as a key player in the low-altitude economy, with three main growth drivers: Zongshen Aero Engine, Zongshen Motorcycle Engine, and Zongshen General Machinery [2][8] - The company is expected to benefit from the booming low-altitude economy, especially in the drone and light general aviation markets [8][9] - The acquisition of Longxin General Machinery is seen as a strategic move to enhance synergies and strengthen market competitiveness [9][113] Business Segments Summary Zongshen Aero Engine - Focuses on small and medium-sized aviation piston engines, covering the drone and light general aviation markets [2][8] - In H1 2024, revenue reached 100 million yuan, up 127% YoY, with a profit of 17.11 million yuan, compared to a loss of 10.73 million yuan in H1 2023 [2][50] - The company is accelerating airworthiness certification and hybrid engine R&D, with products already used in drones like Rainbow and Wing Loong [2][49] - Plans to spin off the aero engine business for an IPO to unlock value [9][63] Zongshen Motorcycle Engine - A leading domestic motorcycle engine manufacturer with over 30 years of experience [67][68] - In 2023, sales reached 2.52 million units, up 12.98% YoY, with revenue of 3.36 billion yuan, accounting for 41% of total revenue [30][31] - The company is benefiting from the domestic demand for large-displacement motorcycles, with a CAGR of 24.28% for 250CC+ motorcycles over the past five years [9][84] - Exports are growing, with 831,680 units exported in 2023, up 8.79% YoY, including 198,000 units of 250CC+ motorcycles, up 54.90% YoY [9][92] Zongshen General Machinery - The company is moving up the value chain in general machinery, with single-unit revenue increasing from 677 yuan in 2014 to 1,097 yuan in 2023, a CAGR of 5.5% [9][101] - In H1 2024, sales reached 2.23 million units, up 25.14% YoY, driven by traditional product sales and new drone generator business [99][101] - Compared to Honda, Zongshen's general machinery revenue is only 15% of Honda's, with significant room for growth in both volume and price [107] Acquisition of Longxin General Machinery - Zongshen New Manufacturing plans to acquire 24.5513% of Longxin General Machinery for 3.346 billion yuan, becoming the controlling shareholder [111][112] - The acquisition is expected to create synergies in motorcycle and general machinery businesses, with Longxin producing 93% of Zongshen's motorcycle engines and 86% of general machinery products in 2023 [113][114] - The integration is seen as a strategic move to enhance market position and competitiveness in both domestic and export markets [114]

Group 1: Event Details - The event will take place on November 28, 2024, from 15:00 to 17:00 [1] - Investors can participate through the P5W interactive platform [1] Group 2: Company Participation - Senior management of Chongqing Zongshen Power Machinery Co., Ltd. will attend the event [1] - The format will be "one-to-many" online communication, allowing management to address investor concerns [1] Group 3: Purpose and Goals - The event aims to enhance communication between listed companies and investors [1] - It is part of efforts to improve investor relations management under the guidance of the Chongqing Securities Regulatory Bureau [1]

Group 1: Company Overview and Strategic Direction - Chongqing Zongshen Power Machinery Co., Ltd. focuses on becoming a leading provider of small and medium-sized aviation power systems, with a product line centered on small aviation piston engines and over 20 derivative products [2][4][10] - The company aims to enhance its product portfolio and expand its domestic and international markets, particularly in the low-altitude economy sector [3][4][10] Group 2: Financial Performance - In the first three quarters of 2024, Zongshen Aviation achieved revenue and net profit growth, indicating a positive financial trajectory [10] - The company emphasizes steady growth in performance through increased R&D investment and resource allocation [10] Group 3: Product Development and Innovation - Zongshen Aviation is actively working on the airworthiness certification of two engine models in collaboration with Shanhe Intelligent [2] - The company is investing in hydrogen energy technologies, focusing on fuel cell systems and their applications in various scenarios [5][7] Group 4: Market Position and Competitiveness - Zongshen Aviation's products are utilized in various unmanned aerial vehicles, including the Rainbow and Wing Loong drones, showcasing its competitive edge in the aviation sector [2][4] - The company is committed to addressing industry competition and enhancing shareholder value through compliance and strategic management [3][10] Group 5: Future Plans and Challenges - The company plans to increase its investment in R&D and resources to further develop its product lines and market share [4][10] - Zongshen Aviation is monitoring market conditions to determine potential stock repurchase or acquisition strategies [11]

证券代码：001696 证券简称：宗申动力 公告编号：2024-60 重庆宗申动力机械股份有限公司 股票交易异常波动公告 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。 一、股票交易异常波动的情况介绍 重庆宗申动力机械股份有限公司（简称"公司"）股票（证券简称：宗申动 力，证券代码：001696）于 2024 年 10 月 29 日、10 月 30 日、10 月 31 日连续三 个交易日收盘价格涨幅偏离值累计超过 20%，根据《深圳证券交易所交易规则》 的有关规定，属于股票交易异常波动。 二、公司关注并核实相关情况的说明 针对公司股票交易异常波动，公司对有关事项进行了核查，并询问了公司控 股股东及实际控制人，具体情况说明如下： 1．公司前期披露的信息不存在需要更正、补充之处。 2．公司未发现近期公共传媒报道了可能或已经对本公司股票交易价格产生 较大影响的未公开重大信息。 3．近期公司经营情况及内外部经营环境未发生重大变化。 4．公司、控股股东和实际控制人不存在关于本公司的应披露而未披露的重 大事项，或处于筹划阶段的重大事项。 1 / 2 四、风险提示 1．经自查 ...

Group 1 - Zongshen Power has experienced a significant stock price increase, with 7 out of the last 10 trading days resulting in a trading halt due to price limits, leading to a cumulative increase of 126.18% [1] - The stock has recorded a cumulative turnover rate of 250.54% over the same period [1] - As of 10:36 AM, the trading volume for the day reached 142 million shares, with a transaction value of 4.894 billion yuan, resulting in a turnover rate of 15.94% [1] Group 2 - The total market capitalization of A-shares has reached 40.454 billion yuan, while the circulating market capitalization stands at 31.491 billion yuan [1]

证券代码：001696 证券简称：宗申动力 公告编号：2024-59 股票交易严重异常波动公告 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。 重要内容提示： 1．公司已分别于 2024 年 10 月 22 日、2024 年 10 月 29 日披露《股票交易 异常波动公告》（公告编号：2024-53、2024-54），收盘价格涨幅偏离值累计 达到深圳证券交易所的有关规定，属于股票交易异常波动情况。公司近 10 个交 易日内收盘价格涨幅偏离值累计超过 100%，根据《深圳证券交易所交易规则》 的有关规定，属于股票交易严重异常波动情形。 2．截至 2024 年 10 月 30 日，公司的静态市盈率为 101.60 倍，滚动市盈率 为 65.23 倍，市净率为 7.64 倍。根据中证指数有限公司发布数据，公司所属中 上协行业"C34 通用设备制造业"的最新的静态市盈率 30.31 倍，滚动市盈率 30.54 倍，市净率为 2.41 倍，公司当前的市盈率、市净率与同行业情况有较大 差异。 3．股票价格可能受到宏观环境、行业发展、公司经营情况及投资者偏好等 多种因素影响， ...

证券代码：001696 证券简称：宗申动力 公告编号：2024-56 特此公告。 重庆宗申动力机械股份有限公司 董事会 2024 年 10 月 31 日 重庆宗申动力机械股份有限公司 关于购买理财产品的进展公告 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。 重庆宗申动力机械股份有限公司（简称"公司"）第十一届董事会第十四次 会议和 2023 年年度股东大会审议通过《关于公司开展理财业务的议案》：批准 使用投资理财金额日峰值不超过 10 亿元人民币（含）的自有闲置资金及信贷融 资资金开展理财业务，有效期至公司 2024 年年度股东大会重新核定额度前。具 体 内 容 详 见 公 司 于 2024 年 3 月 30 日 和 4 月 20 日 在 巨 潮 资 讯 网 （www.cninfo.com.cn）上披露的相关公告。 自 2024 年 1 月 1 日至 2024 年 9 月 30 日，公司及子公司使用自有资金购买 理财产品金额未超过公司股东大会授权额度，以上购买理财产品的交易均不构成 关联交易，具体情况请见附件《重庆宗申动力机械股份有限公司购买理财产品情 况表》 ...

Revenue and Profit - Revenue for the third quarter reached RMB 2,561,062,462.76, a 44.01% increase year-over-year[2] - Net profit attributable to shareholders for the third quarter was RMB 109,282,095.82, a decrease of 4.08% compared to the same period last year[2] - Total operating revenue for the period reached 7,404,741,793.19 yuan, an increase from 5,876,984,889.67 yuan in the previous period[13] - Net profit attributable to the parent company's shareholders was 391,176,140.44 yuan, compared to 373,336,289.37 yuan in the previous period[14] - Basic earnings per share stood at 0.3416 yuan, up from 0.3261 yuan in the previous period[15] - Total comprehensive income for the period was 405,885,982.35 yuan, compared to 405,482,998.52 yuan in the previous period[15] Assets and Liabilities - Total assets as of the end of the reporting period were RMB 11,442,244,754.24, a 13.16% increase from the end of the previous year[2] - Total assets at the end of the period amounted to 11,442,244,754.24 yuan, an increase from 10,111,750,354.24 yuan at the beginning of the period[12] - Total liabilities increased to 6,090,725,888.76 yuan from 4,876,847,747.27 yuan in the previous period[13] - Long-term borrowings rose significantly to 1,712,100,000.00 yuan from 729,000,000.00 yuan in the previous period[13] - Total equity attributable to the parent company's shareholders was 4,914,145,718.27 yuan, up from 4,825,027,151.83 yuan in the previous period[13] Cash Flow - Cash flow from financing activities increased by 35.17% to RMB 41,459,140, driven by higher bank financing[8] - The company's net cash flow from operating activities for the first three quarters was RMB 367,474,790.61, a 16.37% increase year-over-year[2] - Sales of goods and services received cash of 6,787,391,545.11 yuan, an increase from 5,298,911,639.02 yuan in the previous period[16] - Cash received from interest and commissions was 103,560,668.70 yuan, a decrease from 126,049,898.21 yuan in the previous period[16] - Tax refunds received were 250,917,373.26 yuan, an increase from 194,691,025.71 yuan in the previous period[16] - Total cash inflows from operating activities were 7,197,283,224.29 yuan, an increase from 5,709,691,171.90 yuan in the previous period[17] - Cash paid for goods and services was 5,889,474,149.06 yuan, an increase from 4,603,714,751.93 yuan in the previous period[17] - Net cash flow from operating activities was 367,474,790.61 yuan, an increase from 315,784,498.80 yuan in the previous period[17] - Cash received from investment returns was 12,865,286.26 yuan, an increase from 6,889,455.68 yuan in the previous period[17] - Net cash flow from investment activities was -582,819,051.92 yuan, an improvement from -805,367,323.09 yuan in the previous period[17] - Net cash flow from financing activities was 414,591,449.86 yuan, an increase from 306,723,255.85 yuan in the previous period[17] - The net increase in cash and cash equivalents was 229,848,536.04 yuan, compared to a net decrease of 153,935,933.03 yuan in the previous period[17] R&D and Investments - The company's R&D expenditure increased by 35.08% due to intensified efforts in new product development[5] - The company's long-term equity investment surged by 207.03% to RMB 94,719,870, mainly due to new external investments[5] - Research and development expenses amounted to 219,673,876.07 yuan, slightly up from 218,809,842.82 yuan in the previous period[14] Shareholders and Equity - Total number of ordinary shareholders at the end of the reporting period is 125,415[9] - Chongqing Zongshen High-speed Ship Development Co., Ltd. holds 20.10% of the shares, totaling 230,192,114 shares[9] - Tibet Guolong Industrial Co., Ltd. holds 18.11% of the shares, totaling 207,384,700 shares[9] - Zuo Zongshen holds 2.64% of the shares, totaling 30,227,200 shares[9] - Hong Kong Securities Clearing Company Limited holds 1.15% of the shares, totaling 13,144,465 shares[9] Financial Expenses and Income - The company's financial expenses increased by 200.05% to RMB 5,774,600, primarily due to reduced foreign exchange gains and increased interest expenses[6] - The company's investment income rose by 49.70% to RMB 2,783,430, mainly due to performance compensation from the original shareholders of Lithium Wisdom[6] - Financial expenses surged to 57,746,044.36 yuan from 19,245,246.56 yuan in the previous period[14] Monetary Funds and Receivables - Monetary funds at the end of the period amounted to 1,737,470,977.17 yuan, an increase from 1,399,609,282.40 yuan at the beginning of the period[11] - Accounts receivable at the end of the period amounted to 2,090,273,838.73 yuan, an increase from 1,511,095,796.19 yuan at the beginning of the period[11] - Inventory at the end of the period amounted to 1,085,169,806.63 yuan, an increase from 842,038,474.62 yuan at the beginning of the period[12] - Short-term borrowings at the end of the period amounted to 170,176,277.77 yuan, a decrease from 284,262,548.83 yuan at the beginning of the period[12] Sales and Expenses - Sales expenses increased to 173,271,571.40 yuan from 160,850,661.46 yuan in the previous period[14] - Long-term loans increased by 134.86% to RMB 171,210,000, primarily due to an increase in bank long-term loans[5]