乘联分会：6月1-22日全国乘用车市场零售126.9万辆，同比增长24% 乘联分会数据显示，6月1-22日，全国乘用车市场零售126.9万辆，同比去年6月同期增长24%，较上月同 期增长8%，今年以来累计零售1,008.6万辆，同比增长11%；6月1-22日，全国乘用车厂商批发123.8万 辆，同比去年6月同期增长14%，较上月同期增长9%，今年以来累计批发1,202.8万辆，同比增长12%。 当地时间6月24日，比亚迪与欧洲钢铁制造商奥钢联集团（voestalpine）在奥地利维也纳签署合作协 议，voestalpine将为比亚迪匈牙利乘用车工厂供应钢材。 中国机电产品进出口商会孙晓红：今年我国汽车出口有望达700万辆 据中证金牛座，6月25日，在2025全球新能源汽车合作发展（上海）论坛上，中国机电产品进出口商会 汽车国际化专业委员会秘书长孙晓红表示，海关数据显示，去年我国汽车出口量达640万辆，按照10% 的增速预测，今年我国汽车出口规模有望达到700万辆。若汽车出口量保持10%以上的增速，到2030 年，我国汽车出口量有望达到1000万辆。 YU7价格会比SU7涨多少？雷军回应：大家一定会觉得是合理的 ...

本文来自微信公众号：电子工程世界 （ID：EEworldbbs），作者：付斌 在汽车芯片领域，一场前所未有的"冰火两重天"大戏正在上演。 曾经被视为"兵家必争之地"的汽车芯片市场，此刻有人黯然离场，又有人踌躇满志。可谓是"甲之蜜 糖，乙之砒霜"。 巨头纷纷退场 就在近期，国际上就发生了五起备受关注的巨头退出事件。 第一，英特尔即将关闭汽车业务，并裁减该部门大部分员工。6月25日消息称，该公司在给员工的一份 通知中表示："英特尔计划逐步停止英特尔架构汽车业务。"该公司还提到，会继续履行对现有客户的承 诺，但会裁减英特尔汽车部门的"大多数"员工。 汽车并非英特尔核心业务，陈立武上任CEO后一直也在强调英特尔要回归核心业务，不过有数据显示目 前有5000万辆汽车使用英特尔的处理器。值得注意的是，目前英特尔还掌握Mobileye多数股权，不过此 项决定似乎不会影响该公司运营；2024年初英特尔收购了电动汽车能源管理SoC公司Silicon Mobility。 第二，安霸(Ambarella)有意出售。6月25日消息称，安霸正在与银行家合作，并已接洽潜在买家。消息 传出后，该公司股价上涨21%，市值达到约26亿美元。该 ...

Core Insights - BYD has surpassed Tesla in unit sales in Europe, driven by new vehicle launches and declining demand for Tesla [1][5] - The company plans to release new vehicles rapidly, including the affordable Dolphin Surf EV priced under $25,000 [2][5] - BYD's aggressive product strategy includes launching six cars in less than a year, covering key segments of the European market [3][5] Vehicle Launch Strategy - BYD aims to launch new vehicles faster than any other automotive company in Europe [2] - The Dolphin Surf EV is highlighted as a crucial addition to compete with low-cost EVs in the region [2][3] - The company is also introducing luxury models under the Denza Yangwang brand [3] Sales Projections - BYD is projected to more than double its sales in Europe to approximately 186,000 units this year, with potential to reach 400,000 units in four years [6] - The company has already outsold Tesla in Europe and achieved a milestone by beating Tesla in global EV sales for the first time in 2024 [5][6] Manufacturing Expansion - BYD will begin production at a new manufacturing plant in Hungary by the end of 2025, enhancing production capacity and customization options [5] - Future models will increasingly cater to the European market, with a focus on regional specifications [6] Stock Performance - BYD stock closed at $98.56, down 2.28%, but has seen a year-to-date increase of 48% in 2025 [6]

投资者关系管理作为上市公司向市场传递核心价值、稳定市场预期的核心路径，是资本市场稳健运行的基石。由证券时报社主办的"上市 公司投资者关系管理天马奖"评选活动，始终聚焦上市公司投资者关系管理工作的动态演进与实践创新，每年遴选出150家在投资者关系管 理领域表现卓越的上市公司，树立行业标杆典范。此举旨在推动上市公司与投资者之间的深度双向互动，提升投资者关系管理的专业化水 平，为资本市场投资者关系管理工作的高质量发展注入强劲动力。 近日，第十六届上市公司投资者关系管理天马奖获奖名单正式揭晓。本文将围绕这 150家优秀公司展开深度剖析，全方位呈现它们在投资 者关系管理工作中的创新实践，以期为上市公司提供有益借鉴。 锦波生物、盐津铺子、珀莱雅等公司2024年净资产收益率指标创出新高。整体来看，大消费行业的公司都体现出了较强的盈利能力。 第三，成长性优异。150家公司表现出较强的发展潜力，一季度三分之二的企业净利润同比增长。以化工、能源、有色、采掘等行业为代 表的大化工行业营收增幅居前，金石资源、山东黄金等公司营收增幅超50%。AI浪潮兴起带动算力相关公司业绩，光迅科技、海光信息等 营收增幅超过50%。国货崛起潮带动大消 ...

星标 ★ IPO日报 精彩文章第一时间推送 6月23日，深圳承泰科技股份有限公司（下称"承泰科技"）向港交所提交上市申请书，独家保 荐人为国泰君安国际。 IPO日报注意到，两位华为前员工创立的这家毫米波雷达龙头公司尚未实现盈利，三年累亏约 1.98亿元，六年间融资3.5亿元，估值达到13.2亿元，但2024年底在手现金仅为1586.5万 元。 值得一提的是，承泰科技2024年有3.26亿元的收入，即超过93%的收入来自比亚迪。 AI制图 两华为前员工创业 承泰科技成立于2016年，由陈承文和周珂联合创立，是一家毫米波雷达的领先供应商。 招股书显示，陈承文现年45岁，于2005年11月至2009年7月的近四年间，任职于华为全资 子公司华为技术有限公司，目前任公司执行董事、董事会主席兼总经理，负责承泰科技的整 体发展战略、主要决策及整体管理； 周珂现年46岁，于2006年6月至2007年5月短暂任职于华为技术有限公司，现担任承泰科技 执行董事、副总经理兼首席技术官，负责公司的技术及战略规划、研发管理。 也就是说，承泰科技的两名联合创始人均出自华为。 创立不到两年，承泰科技就于2018年1月完成了天使轮融资，并在同 ...

Group 1 - The core index of the China Securities Intelligent Electric Vehicle Index (H11052) rose by 1.85% to 3207.47 points, with a trading volume of 59.74 billion yuan [1] - Over the past month, the index has decreased by 4.16%, and over the past three months, it has declined by 8.12%, while year-to-date it has increased by 0.72% [1] - The index includes companies involved in various aspects of the intelligent electric vehicle industry, including power systems, perception systems, decision-making systems, execution systems, communication systems, vehicle production, and aftermarket services [1] Group 2 - The top ten weighted companies in the index are: CATL (15.19%), BYD (14.68%), Luxshare Precision (6.86%), Huichuan Technology (4.98%), OmniVision Technologies (4.45%), Great Wall Motors (3.84%), iFlytek (3.13%), Changan Automobile (3.01%), Sanhua Intelligent Control (2.81%), and EVE Energy (2.67%) [1] - The market segments of the index holdings show that the Shenzhen Stock Exchange accounts for 74.25%, the Shanghai Stock Exchange for 25.01%, and the Beijing Stock Exchange for 0.74% [1] Group 3 - The industry composition of the index holdings is as follows: Industrial sector 37.55%, Consumer Discretionary 34.30%, Information Technology 22.09%, Materials 5.31%, and Communication Services 0.75% [2] - The index samples are adjusted biannually, with adjustments occurring on the next trading day after the second Friday of June and December [2] - Public funds tracking the intelligent electric vehicle index include: Hua Bao CSI Intelligent Electric Vehicle ETF Link A, Hua Bao CSI Intelligent Electric Vehicle ETF Link C, Taikang CSI Intelligent Electric Vehicle ETF, Hua Bao CSI Intelligent Electric Vehicle ETF, E Fund CSI Intelligent Electric Vehicle ETF, and Pu Yin An Sheng CSI Intelligent Electric Vehicle ETF [2]

24 June 2025 | 2:11PM CST China Automobiles EVs - no inflection in sight Bottom line: After reassessing the S/D balance of the China NEV industry, we see no inflection in sight (see more details here). Our assessment shows: Industry capex trend and capacity addition Capacity is still expanding, but at slower pace. China NEV capacity is still expanding but at a slower pace vs. 2023/2024, we expect 2.5mn units of net adds (+13% yoy) in 2025E. On the back of expectations for declining industry capex in 2025E-2 ...

Core Insights - The lithium battery industry is at a critical juncture, with opportunities for value transformation driven by global market expansion and technological innovation [2][3][19] - The Chinese lithium battery supply chain is rapidly expanding its overseas presence, with battery production capacity expected to reach 300GWh by 2030, a nearly 20-fold increase from 2024 [2][15] - The next wave of value chain evolution will be propelled by breakthroughs in advanced technologies, particularly solid-state batteries and artificial intelligence [5][16] Horizontal Market Expansion - The lithium battery sector is experiencing significant cost structure improvements due to advancements in manufacturing processes and efficiency [2] - Applications of lithium batteries are extending beyond passenger vehicles to commercial vehicles, drones, humanoid robots, construction machinery, and electric ships [2][19] - By 2030, the demand from emerging markets such as eVTOL aircraft, robots, and electric ships is projected to contribute significantly to the growth of the lithium battery market [15] Vertical Technological Innovation - Long-term commitment to research and development is essential for successfully tapping into new markets [3] - The industry is witnessing a shift towards higher standards and shorter delivery cycles for materials and equipment suppliers due to intense market competition [5] - Solid-state batteries and AI are identified as key drivers for the next technological leap in the industry [5][16] Industry Dynamics and Trends - The lithium battery market is expected to see increased concentration, with the CR5 and CR10 ratios rising [16] - The price of lithium battery materials is anticipated to recover from current lows, with leading companies maintaining high capacity utilization rates [16] - The complete lithium battery supply chain in Jintan, Jiangsu, boasts a 97% completeness rate, supporting a robust ecosystem for electric vehicle production [13] Future Outlook - By 2030, the global demand for power batteries is projected to exceed 3TWh, with significant growth in commercial vehicles and other specialized markets [19] - The Chinese automotive and battery industries are expected to expand their overseas production capabilities significantly, with a target of over 600,000 electric vehicles produced abroad by 2030 [15] - The solid-state battery technology is set to advance rapidly, with companies exploring various electrolyte and electrode materials to enhance performance [24][25]

A股复盘 | 阅兵牛之后是牌照牛？ / 2025.06.25 虽然我昨天预感今天A股要大涨，但是我没预料到今天的C位是大金融！ 今天早上国泰海通国际暴涨，赶紧找消息，原来是获得了虚拟资产交易牌照。 至此，国泰君安国际成为首家可提供全方位虚拟资产相关交易服务的香港中资券 商，服务覆盖提供虚拟资产交易服务、在虚拟资产交易服务过程中提供意见，以 及发行、分销包括场外衍生品在内的虚拟资产相关产品。 最后人家股价以198.39%涨幅收盘。 | 这真的很难上车，一直到收盘，有的人还是懵逼的状态。 | | --- | 除此之外，央行等五部委联合发布《关于金融支持提振和扩大消费的指导意 见》，文件特别提到要聚焦消费重点领域加大金融支持，结合消费场景和特点创 新金融产品，持续推动消费领域金融服务提质增效，直接利好大金融板块。 再就是群友提供的"命令"！哈哈哈 固态电池主要是美股的消息。固态电池技术公司QuantumScape盘后暴涨。 QuantumScape表示，其成功将Cobra隔膜工艺整合到标准电池生产线中，这项 技术将成为其高效率连续流隔膜生产系统的基础。 我问了问AI，这项技术进步代表什么？ AI回答我，Cobra工 ...

据乘联分会消息，6月1日—22日，全国乘用车市场零售126.9万辆，同比增长24%，较上月同期增长 8%，今年以来累计零售1008.6万辆，同比增长11%。6月1—22日，全国乘用车新能源市场零售69.1万 辆，同比增长38%，较上月同期增长11%，全国新能源市场零售渗透率54.5%，今年以来累计零售504.9 万辆，同比增长35%。 银河证券表示，内需与出口叠加向好，全年乘用车销量预计增长6.7%。30万元以下销量占比有望继续 提升，"高阶智驾平权"推动竞争格局继续集中。以旧换新政策支持、新能源汽车下乡、年底新能源车免 征购置税政策到期三重政策利好支撑内需，全年乘用车市场销量预计同比增长6.7%。竞争格局中，"智 驾平权"带来单车成本与算力、数据、算法研发投入增加，对车企的成本管控、研发投入能力要求进一 步上升，新能源市场份额向头部3—5名主机厂继续集中。 该机构建议关注，乘用车板块推荐比亚迪（002594）、理想汽车-W，受益标的吉利汽车、小鹏汽车、 零跑汽车；摩托车板块受益标的春风动力（603129）、隆鑫通用（603766）；商用车板块受益标的中国 重汽（000951）、宇通客车（600066）；智能 ...