Core Viewpoint - The establishment of a joint laboratory for flying cars by Jianghuai Automobile, Beijing Institute of Technology Hefei Institute of Intelligent Equipment, and Alter Automotive marks a significant step in the development of the low-altitude economy in China, driven by national policies and industry demand [1][2]. Group 1: Joint Laboratory Establishment - The joint laboratory aims to enhance the development of flying cars, which are seen as a key component of the low-altitude economy, with applications in emergency rescue, tourism, and urban commuting [1]. - The collaboration involves three parties with complementary strengths: Jianghuai Automobile's extensive experience in vehicle development, Beijing Institute of Technology's expertise in unmanned systems, and Alter Automotive's capabilities in complete vehicle development and innovation [2]. Group 2: Research Focus and Goals - The laboratory will focus on nine core areas, including aerodynamic optimization, efficient energy drive, precise flight control, integrated decision-making, smart cockpit technology, and testing methodologies [3]. - The next steps include exploring demonstration applications in tourism, emergency rescue, and low-altitude logistics, while also seeking major national and provincial technology projects [3]. Group 3: Industry Impact - The establishment of the joint laboratory is expected to accelerate breakthroughs in key technologies for flying cars, leading to the development of core results with independent intellectual property rights [3]. - It is anticipated that the laboratory will attract related upstream and downstream enterprises and innovation resources to the Baohe District, providing new growth opportunities for the local new energy vehicle and intelligent connected industries [3].

Core Viewpoint - The automotive service sector experienced a slight increase of 0.57% on December 8, with Xiamen Xinda leading the gains, while the overall market indices also showed positive performance [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 3924.08, up by 0.54% [1]. - The Shenzhen Component Index closed at 13329.99, up by 1.39% [1]. - The automotive service sector stocks showed varied performance, with Xiamen Xinda rising by 10.05% to a closing price of 8.65 [1]. Group 2: Stock Performance - Xiamen Xinda (000701) led the sector with a closing price of 8.65 and a significant increase of 10.05%, with a trading volume of 1.8126 million shares and a transaction value of 1.485 billion yuan [1]. - Other notable stocks included: - Jiao Yun Co. (600676) at 6.09, up by 0.66% [1]. - Dezhong Automobile (920030) at 6.57, up by 0.61% [1]. - China Automotive Research (601965) at 16.92, down by 0.18% [1]. Group 3: Capital Flow - The automotive service sector saw a net inflow of 10.7473 million yuan from institutional investors, while retail investors experienced a net inflow of 0.4123 million yuan [2]. - The sector's capital flow indicated that institutional investors were more active, with a net outflow of 11.1596 million yuan from speculative funds [2]. Group 4: Individual Stock Capital Flow - Xiamen Xinda had a net inflow of 37.048 million yuan from institutional investors, while it faced a net outflow of 19.5077 million yuan from speculative funds [3]. - Other stocks like North Bus Media (600386) and Dezhong Automobile (920030) showed mixed capital flows, with varying levels of net inflows and outflows from different investor types [3].

财经频道更多独家策划、专家专栏，免费查阅>> 天眼查资料显示，四川阿尔特新能源汽车有限公司，成立于2016年，位于成都市，是一家以从事汽车制 造业为主的企业。企业注册资本45000万人民币。通过天眼查大数据分析，四川阿尔特新能源汽车有限 公司参与招投标项目8次，专利信息130条，此外企业还拥有行政许可14个。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 国家知识产权局信息显示，四川阿尔特新能源汽车有限公司取得一项名为"滤清器、动力总成及车辆"的 专利，授权公告号CN115163807B，申请日期为2022年8月。 ...

天眼查资料显示，天津阿尔特汽车工程技术开发有限公司，成立于2017年，位于天津市，是一家以从事 汽车制造业为主的企业。企业注册资本2000万人民币。通过天眼查大数据分析，天津阿尔特汽车工程技 术开发有限公司共对外投资了1家企业，参与招投标项目28次，财产线索方面有商标信息20条，专利信 息30条，此外企业还拥有行政许可12个。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 国家知识产权局信息显示，天津阿尔特汽车工程技术开发有限公司取得一项名为"一种汽车零部件冲压 定位机构"的专利，授权公告号CN 223616541 U，申请日期为2024年10月。 专利摘要显示，本实用新型公开了一种汽车零部件冲压定位机构，包括底板，底板底部的中心处固定连 接有支撑架，支撑架内表面底部的中心处固定安装有双轴电机，双轴电机的输出端固定连接有螺纹杆， 螺纹杆的表面螺纹连接有螺纹套，螺纹套的顶部固定连接有支撑杆，支撑杆的一侧固定连接有固定块， 固定块内表面顶部的前端和后端均固定安装有电动伸缩杆。本实用新型通过双轴电机带动螺纹杆进行转 动，通过螺纹杆带动螺纹套和支撑杆向一侧移动，使支撑杆的 ...

Core Insights - The automotive service sector experienced a slight increase of 0.37% on December 2, with Beiba Media leading the gains [1] - The Shanghai Composite Index closed at 3897.71, down 0.42%, while the Shenzhen Component Index closed at 13056.7, down 0.68% [1] Automotive Service Sector Performance - Beiba Media (600386) closed at 4.78, up 3.02% with a trading volume of 257,800 shares and a transaction value of 123 million yuan [1] - Guoji Automobile (600335) closed at 6.37, up 2.08% with a trading volume of 214,200 shares and a transaction value of 135 million yuan [1] - Other notable performers include: - Jiaoyun Co. (600676) closed at 6.17, up 1.82% [1] - Haowu Co. (000757) closed at 5.16, up 0.98% [1] - Xiamen Xinda (000701) closed at 7.25, up 0.55% [1] - Conversely, Altec (300825) closed at 10.25, down 1.44% with a trading volume of 40,400 shares and a transaction value of 41.57 million yuan [2] Capital Flow Analysis - The automotive service sector saw a net inflow of 16.83 million yuan from institutional investors, while retail investors experienced a net outflow of 7.09 million yuan [2] - The detailed capital flow for key stocks includes: - Beiba Media had a net inflow of 19.25 million yuan from institutional investors [3] - Guoji Automobile experienced a net outflow of 10.73 million yuan from retail investors [3] - Altec had a significant net outflow of 7.01 million yuan from institutional investors [3]

Market Overview - The automotive service sector increased by 0.18% on December 1, with Dezhong Automobile leading the gains [1] - The Shanghai Composite Index closed at 3914.01, up by 0.65%, while the Shenzhen Component Index closed at 13146.72, up by 1.25% [1] Stock Performance - Dezhong Automobile (code: 920030) closed at 6.77, with a rise of 2.27% and a trading volume of 33,000 shares, amounting to 22.19 million yuan [1] - Other notable stocks include: - Zhongqi Co. (code: 301215) at 6.60, up 0.92% [1] - Jiaoyun Co. (code: 600676) at 6.06, up 0.66% [1] - China Automotive Research (code: 601965) at 16.91, up 0.59% [1] - Xiamen Xinda (code: 000701) at 7.21, up 0.14% [1] Capital Flow - The automotive service sector experienced a net outflow of 49.35 million yuan from institutional investors, while retail investors saw a net inflow of 63.65 million yuan [2] - The detailed capital flow for selected stocks includes: - North Bus Media (code: 600386) with a net inflow of 4.39 million yuan from institutional investors [3] - Dezhong Automobile (code: 920030) had a net inflow of 0.63 million yuan from institutional investors and 2.21 million yuan from retail investors [3] - Shanghai Wumao (code: 600822) faced a significant net outflow of 10.19 million yuan from institutional investors [3]

Market Overview - The automotive service sector increased by 0.77% on November 28, with Alite leading the gains [1] - The Shanghai Composite Index closed at 3888.6, up 0.34%, while the Shenzhen Component Index closed at 12984.08, up 0.85% [1] Stock Performance - Alite (300825) closed at 10.49, up 3.25% with a trading volume of 105,700 shares and a turnover of 110 million yuan [1] - Other notable performers included: - Haowu Co. (000757) at 5.15, up 1.98% [1] - Beiba Media (600386) at 4.65, up 1.75% [1] - Guoji Automobile (600335) at 6.26, up 1.62% [1] - Xiamen Xinda (000701) at 7.20, up 1.27% [1] Capital Flow Analysis - The automotive service sector experienced a net outflow of 23.43 million yuan from institutional investors and 24.56 million yuan from speculative funds, while retail investors saw a net inflow of 47.99 million yuan [2] - Alite had a net inflow of 19.44 million yuan from institutional investors, but a net outflow from speculative and retail investors [3] - Other stocks like Beiba Media and Guoji Automobile also showed mixed capital flows, with varying degrees of net inflows and outflows [3]

Core Points - The stock price of Alter rose by 2.17% on November 28, reaching 10.38 CNY per share, with a trading volume of 18.23 million CNY and a market capitalization of 5.17 billion CNY [1] - The company has experienced a year-to-date stock price decline of 8.14%, with a 3.80% increase over the last five trading days, a 9.27% decrease over the last 20 days, and a 17.49% decline over the last 60 days [1] - The main business of Alter includes the design of fuel and new energy vehicles, with revenue composition being 87.68% from new energy vehicle design, 11.73% from fuel vehicle design, and 0.59% from other services [1] Financial Performance - As of September 30, 2025, Alter reported a revenue of 736 million CNY, representing a year-on-year growth of 19.30%, while the net profit attributable to shareholders was -151 million CNY, a significant decrease of 12,246.62% year-on-year [2] - The number of shareholders increased to 31,500, up by 6.69%, while the average circulating shares per person decreased by 6.27% to 15,400 shares [2] Shareholder Information - As of September 30, 2025, Hong Kong Central Clearing Limited and the China Europe Innovation Theme Mixed Fund (LOF) A (501081) have exited the list of the top ten circulating shareholders [2]

Core Viewpoint - The stock of Alter Automotive Technology Co., Ltd. has shown fluctuations, with a recent increase of 2.03% in price, but a year-to-date decline of 6.64% [1][2]. Group 1: Stock Performance - As of November 26, Alter's stock price reached 10.55 CNY per share, with a market capitalization of 5.254 billion CNY [1]. - The stock has experienced a 1.83% increase over the last five trading days, but a decline of 8.34% over the last 20 days and 21.15% over the last 60 days [1]. - The net inflow of main funds was 1.6632 million CNY, with large orders accounting for 28.76% of purchases [1]. Group 2: Financial Performance - For the period from January to September 2025, Alter reported a revenue of 736 million CNY, reflecting a year-on-year growth of 19.30% [2]. - The net profit attributable to shareholders was -151 million CNY, indicating a significant year-on-year decrease of 12,246.62% [2]. Group 3: Company Overview - Alter was established on May 23, 2007, and went public on March 27, 2020, focusing on the design of fuel and new energy vehicles [1]. - The company's main business revenue composition includes 87.68% from new energy vehicle design, 11.73% from fuel vehicle design, and 0.59% from other services [1]. - Alter is categorized under the automotive services sector, with concepts including data elements, digital twins, AI, autonomous driving, and robotics [1]. Group 4: Shareholder Information - As of September 30, 2025, the number of shareholders increased to 31,500, a rise of 6.69% from the previous period [2]. - The average number of circulating shares per shareholder decreased by 6.27% to 15,400 shares [2]. - Notably, Hong Kong Central Clearing Limited and the China Europe Innovation Theme Mixed Fund (LOF) A have exited the top ten circulating shareholders [2].

Core Viewpoint - The stock of Alter Automotive Technology Co., Ltd. has shown a slight increase of 2.04% on November 25, 2023, despite a year-to-date decline of 7.08% and significant losses in net profit for the first nine months of 2025 [1][2]. Group 1: Stock Performance - As of November 25, 2023, Alter's stock price is 10.50 CNY per share, with a market capitalization of 5.229 billion CNY [1]. - The stock has experienced a decline of 7.08% year-to-date, with a 0.47% drop over the last five trading days, a 9.40% decline over the last 20 days, and a 20.15% decrease over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Alter reported a revenue of 736 million CNY, reflecting a year-on-year growth of 19.30% [2]. - The company recorded a net profit attributable to shareholders of -151 million CNY, representing a significant year-on-year decrease of 12,246.62% [2]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders increased to 31,500, up by 6.69% from the previous period [2]. - The average number of tradable shares per shareholder decreased by 6.27% to 15,400 shares [2]. - Notably, Hong Kong Central Clearing Limited and the China Europe Innovation Theme Mixed Fund (LOF) A (501081) have exited the list of the top ten circulating shareholders [2]. Group 4: Company Overview - Alter Automotive Technology Co., Ltd. was established on May 23, 2007, and went public on March 27, 2020 [1]. - The company specializes in the design of fuel and new energy vehicles, with 87.68% of its revenue coming from new energy vehicle design, 11.73% from fuel vehicle design, and 0.59% from other services [1]. - Alter is categorized under the automotive services sector, with concepts including data elements, AI, digital twins, robotics, and autonomous driving [1].