Group 1 - The article discusses the upcoming 2025 Lithium Battery Industry Annual Conference and the Lithium Battery Golden Ding Award Ceremony, highlighting the event's theme of "New Cycle, New Technology, New Ecology" and its expected attendance of over 1,200 in-person participants and 30,000 online viewers [4][28]. - Two major lawsuits involving Dragonzhou Co., Ltd. and its subsidiary Dongguan Zhongqi Hongyuan Automobile Co., Ltd. have emerged due to battery failures, with claims exceeding 430 million yuan (approximately 62 million USD) [6][9]. - The lawsuits stem from contracts signed in 2018 for the purchase of electric buses equipped with manganese lithium batteries, which began experiencing failures starting in 2021, leading to significant operational disruptions [7][8]. Group 2 - The lawsuits involve a total of 672 electric buses, with Dongguan Bus and Dongguan City Bus claiming damages of approximately 205 million yuan (about 29 million USD) and 226 million yuan (around 32 million USD) respectively [8][9]. - The battery systems in question were produced by Weihong Power Systems, which is now facing potential claims exceeding 400 million yuan (around 57 million USD) from Dragonzhou Co., Ltd. for the associated repair and compensation costs [11][18]. - Additionally, another lawsuit involving 166 buses from Dongguan Binhai Bay Public Transport Co., Ltd. has been filed against Zhongqi Hongyuan, with a claim amounting to 123 million yuan (approximately 17 million USD) [14][16]. Group 3 - Zhongqi Hongyuan, established in 2013, is the only automotive manufacturer in Dongguan with both traditional and new energy vehicle production qualifications, but it has faced operational challenges leading to temporary shutdowns [15][16]. - Weihong Power, a key player in the soft-pack battery market, has seen its market share decline due to the rise of lithium iron phosphate batteries, which have become the mainstream choice for power and energy storage applications [20][22]. - Despite not ranking in the top 15 for cumulative installed capacity, Weihong Power's products are still competitive, with a focus on differentiated battery solutions for various applications [21][22].

智通财经APP讯，龙洲股份(002682.SZ)公告，公司控股孙公司东莞中汽宏远汽车有限公司(简称中汽宏 远)自2025年12月1日起延长停工停产至2026年5月31日。 ...

格隆汇11月28日｜龙洲股份(002682.SZ)公告称，控股孙公司东莞中汽宏远汽车有限公司自2025年12月1 日起延长停工停产至2026年5月31日。中汽宏远2024年至今没有业务订单，此次继续停工停产对公司营 业收入影响较小。2025年1-9月，中汽宏远亏损主要在于其固定的折旧摊销、利息费用等成本费用支出 较大，以上成本费用支出不会因为此次继续临时停工停产而发生重大变化。中汽宏远继续临时停工停产 至2026年5月31日，复工时间尚具有不确定性，中汽宏远将根据订单情况，随时做好复工复产准备。 ...

关于控股孙公司中汽宏远继续临时停工停产的公告 证券代码：002682 证券简称：龙洲股份 公告编号：2025－088 龙洲集团股份有限公司 二、中汽宏远临时停工停产进展 经中汽宏远临时股东会审议，并经公司总裁办公会确认，中汽宏远自 2025 年 12 月 1 日起延长停工停产至 2026 年 5 月 31 日。中汽宏远临时停 工停产放假期间，已安排留守人员，负责做好临时停工停产期间的服务保 障等各项工作，并将根据市场环境变化和订单情况，随时做好返岗复工复 产准备。 三、中汽宏远继续临时停工停产对公司的影响及风险提示 1．中汽宏远 2024 年至今没有业务订单，此次继续停工停产对公司营 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。 一、东莞中汽宏远汽车有限公司临时停工停产概况 龙洲集团股份有限公司（以下简称公司）控股孙公司东莞中汽宏远汽 车有限公司（以下简称中汽宏远）受新能源客车市场更新放缓等因素影响， 针对订单不足的情况，自 2024 年 1 月 1 日起临时停工停产，后续延长停 工停产至 2025 年 11 月 30 日。以上临时停工停产具体情况详见公司于 ...

证券之星消息，11月28日物流板块较上一交易日上涨0.19%，龙洲股份领涨。当日上证指数报收于 3888.6，上涨0.34%。深证成指报收于12984.08，上涨0.85%。物流板块个股涨跌见下表： 从资金流向上来看，当日物流板块主力资金净流出1.09亿元，游资资金净流出180.56万元，散户资金净流 入1.11亿元。物流板块个股资金流向见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 300350 | 华鵬飞 | 7.02 | -2.77% | 35.39万 | 2.50亿 | | 002889 | 东方嘉盛 | 15.69 | -1.20% | 6.53万 | 1.03亿 | | 002352 | 顺丰控股 | 38.37 | -1.08% | 28.77万 | 11.06亿 | | 000906 | 浙商中拓 | 6.03 | -0.66% | 5.16万 | 3102.65万 | | 002485 | ST雪发 | 4.80 | -0.21% | 6.22万 | 2962.92万 ...

Core Viewpoint - Longzhou Co., Ltd. has experienced a stock price increase of 29.31% year-to-date, despite a recent decline of 4.37% over the past five trading days [2] Group 1: Stock Performance - As of November 28, Longzhou's stock price rose by 2.05% to 5.47 CNY per share, with a trading volume of 60.69 million CNY and a turnover rate of 2.00% [1] - The stock has seen a 12.55% increase over the past 20 days and a 16.88% increase over the past 60 days [2] Group 2: Financial Performance - For the period from January to September 2025, Longzhou reported a revenue of 1.825 billion CNY, a year-on-year decrease of 26.61%, and a net profit attributable to shareholders of -95.64 million CNY, down 32.45% year-on-year [3] - The company has not distributed any dividends in the last three years, with a total payout of 222 million CNY since its A-share listing [4] Group 3: Business Overview - Longzhou Co., Ltd. is primarily engaged in various sectors including automotive passenger transport, logistics, and the sale and maintenance of automotive parts, with the asphalt supply chain contributing 57.72% to its revenue [2] - The company is classified under the transportation and logistics industry, specifically in road freight, and is associated with several concept sectors such as the Fujian Free Trade Zone and natural gas [2] Group 4: Shareholder Information - As of September 30, 2025, the number of shareholders decreased by 15.22% to 50,400, while the average circulating shares per person increased by 17.95% to 11,163 shares [3] - Notably, the Noan Multi-Strategy Mixed A fund has become a new major shareholder, holding 3.4072 million shares [4]

Core Viewpoint - Longzhou Co., Ltd. is facing two significant lawsuits due to contract disputes involving its subsidiary, Dongguan Zhongqi Hongyuan Automobile Co., Ltd., with a total claim amount of 431 million yuan [1][2]. Group 1: Lawsuit Details - The lawsuits are initiated by Dongguan Bus Co., Ltd., the largest public transport company in Dongguan, and its wholly-owned subsidiary, Dongguan City Bus Transportation Co., Ltd. [1] - The disputes stem from the procurement of electric buses with manganese lithium batteries, which began experiencing battery failures and performance issues starting from late 2021, leading to widespread vehicle downtime [2][3]. Group 2: Battery Technology Issues - The procurement process mandated the use of manganese lithium batteries, which are known for their low energy density, short cycle life, poor high-temperature performance, and rapid battery degradation, resulting in a declining market share of only 1.9% by 2018 [4]. - The restriction to manganese lithium batteries significantly limited competition during the bidding process, favoring less mainstream suppliers, which ultimately proved detrimental due to the inherent technical flaws of the batteries [4]. Group 3: Market Competition and Business Viability - The situation illustrates a failure of local government efforts to support the local automotive industry by artificially reducing market competition, which has led to a decline in the operational performance of Zhongqi Hongyuan since 2018, including a halving of net profits in 2019 and subsequent years of significant losses [5]. - The lack of competitive pressure has hindered the growth of local enterprises, emphasizing the need for a fair and open market environment to foster sustainable business development [5].

Group 1 - Longzhou Co., Ltd. announced that its subsidiary, Dongguan Zhongqi Hongyuan Automobile Co., Ltd., is involved in two major lawsuits due to contract disputes with Dongguan Bus Co., Ltd. and Dongguan City Bus Transportation Co., Ltd., with a total claim amount of 431 million yuan [1] - The lawsuits stem from the procurement of electric buses equipped with lithium manganese oxide batteries, which began to experience battery failures and significant performance degradation starting in late 2021, leading to widespread vehicle outages [1] - The market share of lithium manganese oxide batteries has been declining due to inherent disadvantages such as low energy density, short cycle life, and poor high-temperature performance, with a reported market share of only 1.9% by 2018 [2] Group 2 - The procurement process illustrates a case where local support for the automotive industry led to reduced market competition, ultimately resulting in the failure of the initiative [3] - The relationship between suppliers and local government can deteriorate if product quality does not meet expectations, highlighting the importance of fair competition for sustainable business growth [3] - A healthy market environment that promotes fair competition is essential for the growth of local enterprises, as favoritism in procurement can hinder overall industry development [3]

Core Viewpoint - Longzhou Co., Ltd. (龙洲股份) announced two significant lawsuits involving its subsidiary Dongguan Zhongqi Hongyuan Automobile Co., Ltd. (中汽宏远) due to contract disputes related to electric bus battery failures, with total claims amounting to approximately 431 million yuan [3][6][7]. Group 1: Lawsuit Details - The lawsuits involve two plaintiffs: Dongguan Bus Co., Ltd. (东莞巴士有限公司) and Dongguan City Bus Transportation Co., Ltd. (东莞市城巴运输有限公司), with claims of 205 million yuan and 226 million yuan respectively [6]. - The core issue stems from battery failures in electric buses sold in 2018, leading to operational disruptions starting from 2021 [7]. - Both plaintiffs are seeking compensation for losses due to vehicle downtime, legal fees, and other related costs, with specific demands for warranty obligations to be fulfilled by Zhongqi Hongyuan [7][8]. Group 2: Company Background - Zhongqi Hongyuan is the only automobile manufacturer in Dongguan with qualifications for both traditional and new energy vehicles, focusing on electric buses and other electric vehicles [11]. - The company was established in October 2013, with a registered capital of 120 million yuan, and is recognized as a national high-tech enterprise [11][12]. - Longzhou Co., Ltd., the parent company, has faced financial difficulties, reporting losses for three consecutive years, with a net loss of approximately 35.2 million yuan in 2023 [14].

Core Viewpoint - Longzhou Co., Ltd. (龙洲股份) announced two significant lawsuits involving its subsidiary Dongguan Zhongqi Hongyuan Automobile Co., Ltd. (中汽宏远) due to contract disputes related to electric bus battery failures, with total claims amounting to approximately 431 million yuan [1][5][9]. Group 1: Lawsuit Details - The lawsuits involve Dongguan Buses Co., Ltd. and Dongguan City Bus Transportation Co., Ltd. as plaintiffs, with claims of 205 million yuan and 226 million yuan respectively [5]. - The core issue stems from battery failures in electric buses sold by Zhongqi Hongyuan in 2018, which led to operational disruptions starting in 2021 [7][8]. - The plaintiffs are seeking compensation for losses due to vehicle downtime, attorney fees, and other related costs, with a warranty obligation for the batteries set for 8 years [8][13]. Group 2: Company Financials and Impact - Longzhou Co., Ltd. has reported continuous losses over the past three years, with net losses of 79.23 million yuan, 352 million yuan, and 348 million yuan from 2022 to 2024 [15]. - For the first three quarters of 2025, the company recorded a revenue of 1.825 billion yuan, a year-on-year decrease of 26.61%, and a net profit attributable to shareholders of -95.64 million yuan, down 32.45% [18]. - As of November 25, the company's stock price increased by 2.76%, closing at 5.59 yuan per share, with a total market capitalization of approximately 3.144 billion yuan, reflecting a year-to-date increase of over 32% [18].