Core Viewpoint - The company has completed the development of the SL15 and SL20 series of water-cooled fuel cell systems and is conducting small-scale demonstration applications based on end-user scenario requirements [1] Group 1 - The company has developed water-cooled fuel cell systems, specifically the SL15 and SL20 series [1] - Small-scale demonstration applications are being carried out in scenarios such as 2-ton and 3.5-ton forklifts [1]

Core Viewpoint - The company has completed the development of the SL15 and SL20 series of water-cooled fuel cell systems and is conducting small-scale demonstration applications based on terminal scenario demands [1] Group 1 - The company has developed water-cooled fuel cell systems, specifically the SL15 and SL20 series [1] - Small-scale demonstration applications are being carried out in scenarios such as 2-ton and 3.5-ton forklifts [1]

Group 1 - The core viewpoint of the article is that Zongshen Power (001696.SZ) has completed a full spectrum layout of fuel piston power, hybrid power, and turbine power through its subsidiary Zongshen Aviation Power [1] Group 2 - Zongshen Aviation Power has made significant advancements in diversifying its power systems, indicating a strategic move to enhance its market position [1] - The completion of this full spectrum layout suggests that the company is well-prepared to meet various market demands and technological trends in the aviation sector [1] - This development may position Zongshen Power favorably against competitors in the industry, potentially leading to increased market share and revenue growth [1]

证券代码：001696 证券简称：宗申动力 公告编号：2025-50 重庆宗申动力机械股份有限公司 关于召开 2025 年第一次临时股东大会的提示性公告 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。 重庆宗申动力机械股份有限公司（简称"公司"）第十一届董事会第二十一 次会议决定于 2025 年 9 月 10 日召开 2025 年第一次临时股东大会，本次股东大 会采取现场投票与网络投票相结合的方式召开。根据《上市公司股东会规则》《公 司章程》等规定，现发布关于召开 2025 年第一次临时股东大会的提示性公告如 下： 一、召开会议的基本情况 1．股东大会届次：2025 年第一次临时股东大会 2．股东大会的召集人：公司董事会。公司于 2025 年 8 月 22 日以现场和通 讯表决的方式召开第十一届董事会第二十一次会议，审议通过了《关于召开 2025 年第一次临时股东大会的议案》，同意召开本次股东大会，对相关事项进行审议。 3．会议召开的合法、合规性：本次股东大会召开符合有关法律、行政法规、 部门规章、规范性文件和《公司章程》的规定。 4．会议召开的日期、时间： ...

证券代码：001696 证券简称：宗申动力 重庆宗申动力机械股份有限公司投资者关系活动记录表 重要提示：凡涉及公司未来计划、发展战略等前瞻性描述不构成公司对投资者 的实质承诺，敬请投资者注意投资风险。 4、宗申航发在 2025 年上半年亏损大幅收窄，请问公司预 计何时能实现全面盈利，有哪些具体的成本控制和市场拓展措施 来支撑盈利目标？随着低空经济市场的快速发展，竞争对手也在 不断增加，公司如何保持在航空发动机领域的技术领先地位和市 场份额？ 您好，公司 2014 年进入航空发动机领域，经过十年的发展， 已形成了五大航空动力平台，推出 20 余款衍生产品以及螺旋桨 产品，涵盖 20-200 马力段，是国内领先的中小型航空动力系统 集成供应商。另外公司也完成了燃油活塞动力、混合动力和涡轮 动力全谱系布局。感谢您的关注。 5、新能源业务已成为公司第二增长曲线的重要推动力，未 来在电驱动系统、储能和氢能源三大核心赛道上，公司有怎样的 具体布局和发展目标？ 您好，公司构建了覆盖多元动力领域的核心技术矩阵，在大 排量发动机、电驱动系统、氢燃料电池、储能系统以及航空动力 等领域实现全面布局，通过产学研相结合，与知名企业、高 ...

Group 1 - The core point of the article is that Hu Xianyuan, a director of Zongshen Power (001696.SZ), plans to reduce his shareholding in the company by selling up to 58,844 shares, which represents 0.0051% of the total share capital, within three months after a 15 trading day period from the announcement date [1] Group 2 - Hu Xianyuan currently holds 235,375 shares in Zongshen Power, accounting for 0.0206% of the company's total share capital [1] - The share reduction will be executed through a centralized bidding method [1]

近日，公司收到公司董事胡显源先生出具的《关于计划减持公司股票的告知 函》，现将具体情况公告如下： 一、拟减持股东的基本情况 | 股东名称 | 职务 | 持股数量（股） | 占本公司总股本比例 | | --- | --- | --- | --- | | 胡显源 | 董事 | 235,375 | 0.0206% | 二、本次减持计划的主要内容 证券代码：001696 证券简称：宗申动力 公告编号：2025-49 重庆宗申动力机械股份有限公司 董事减持股份预披露公告 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：持有重庆宗申动力机械股份有限公司（简称"公司"）股份 235,375 股（占本公司总股本比例 0.0206%）的董事胡显源先生计划自本公告发 布之日起 15 个交易日后的三个月内，以集中竞价方式减持本公司股份不超过 58,844 股（占本公司总股本比例 0.0051%）。 1．减持原因：个人资金需求。 2．股份来源：二级市场集中竞价买入。 3．减持期间：将于本减持预披露公告之日起 15 个交易日后三个月内（2025 年 9 月 19 日至 20 ...

Group 1 - The core stock price of Zongshen Power as of August 27, 2025, is 25.71 yuan, reflecting a decline of 4.71% from the previous trading day, with a trading volume of 2.105 billion yuan [1] - Zongshen Power operates in the transportation equipment sector, focusing on general machinery, motorcycle engines, aviation power, new energy, and high-end components, and is transitioning towards becoming a digital, technological, and intelligent power system integration service provider [1] - For the first half of 2025, Zongshen Power reported a revenue of 6.655 billion yuan, representing a year-on-year growth of 40.29%, and a net profit attributable to shareholders of 506 million yuan, which is a year-on-year increase of 79.37% [1] Group 2 - The general machinery segment showed strong performance, with revenue growth of 73.06% year-on-year and net profit growth of 139.79% [1] - On August 27, Zongshen Power experienced a net outflow of main funds amounting to 170.8827 million yuan, with a cumulative net outflow of 404.3055 million yuan over the past five days [1]

Investment Rating - Strongly recommended (maintained) [2] Core Views - The company reported significant growth in revenue and net profit for Q2 2025, driven by strong performance in motorcycle engines and general machinery, with net profit doubling in the latter segment [1][5] - The low-altitude economy policies are driving growth, and the company has achieved a milestone in obtaining certification for its self-developed aviation engine [1][6] - The company is expected to achieve net profits of 1.08 billion, 1.29 billion, and 1.44 billion yuan in 2025, 2026, and 2027 respectively, corresponding to PE ratios of 28.6, 24.0, and 21.4 [6][7] Financial Performance Summary - For H1 2025, total revenue reached 6.693 billion yuan, with a year-on-year increase of 39.05%, and net profit of 506 million yuan, up 79.37% [5][6] - In Q2 2025, total revenue was 3.450 billion yuan, with a year-on-year increase of 39.00%, and net profit of 279 million yuan, up 72.74% [5][6] - The general machinery business saw total revenue of 3.647 billion yuan in H1 2025, a year-on-year increase of 73.06%, with net profit of 370 million yuan, up 139.79% [5][6] - The motorcycle engine business generated revenue of 2.330 billion yuan in H1 2025, a year-on-year increase of 14.39%, with net profit of 133 million yuan, up 39.30% [5][6] Business Segment Insights - The general machinery segment is strengthening its market position through collaboration and resource integration, maintaining leadership in various applications such as emergency power generation and drone charging [5][6] - The motorcycle engine segment is focusing on market expansion in emerging markets like Mexico and Brazil, while enhancing technology and supply chain optimization [5][6] - The aviation engine segment is capitalizing on low-altitude economic policies and has successfully certified its CA500 aviation piston engine, marking a significant achievement in compliance with domestic and international standards [6][7]

据证券之星公开数据整理，近期宗申动力（001696）发布2025年中报。截至本报告期末，公司营业总收 入66.93亿元，同比上升39.05%，归母净利润5.06亿元，同比上升79.37%。按单季度数据看，第二季度 营业总收入34.5亿元，同比上升39.0%，第二季度归母净利润2.79亿元，同比上升72.74%。本报告期宗 申动力应收账款上升，应收账款同比增幅达35.7%。 本次财报公布的各项数据指标表现尚佳。其中，毛利率14.18%，同比减1.16%，净利率7.68%，同比增 21.86%，销售费用、管理费用、财务费用总计2.82亿元，三费占营收比4.21%，同比减12.36%，每股净 资产4.58元，同比增8.87%，每股经营性现金流0.49元，同比增250.7%，每股收益0.44元，同比增79.37% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 48.13 乙 | 66.93 Z | 39.05% | | 归母净利润（元） | 2.82亿 | 5.06亿 | 79.37% | | 扣非净利润(元) | 2 ...