Group 1 - The conference "Strong 'Chain' Gathering, Moving Towards 'Intelligence' - Altec's 'AI + Digital Intelligence Creation' Product Launch and Modular World Ecological Rainforest Conference" emphasizes the deep application of large models in R&D and the evolution of robotic intelligence, showcasing a commitment to collaborative innovation in the automotive industry [1] - Altec Automotive Technology Co., Ltd. announced the launch of its new product system "AI + Digital Intelligence Creation," which includes intelligent large models, intelligent agents, and creative tools, marking a significant step in reshaping automotive R&D paradigms through AI technology [1] Group 2 - The industry consensus has shifted from individual enterprises to "ecosystems," leading to the establishment of an ecological matrix initiated by Altec and Modular World, with a formal launch ceremony for core partners including 10 key organizations [2] - Core partners such as Baidu Famo, Tsinghua University Intelligent Industry Research Institute, and Stardust Data shared insights on the deep integration of AI and industry, emphasizing the importance of data governance and security as foundational elements for the future of intelligence [2] Group 3 - A roundtable forum discussed whether the "AI-native" era in automotive design and R&D represents a disruptive revolution or a gradual evolution, with industry experts analyzing the fundamental changes brought by AI across various dimensions [3] - The consensus among industry leaders is that "AI-native" thinking is gradually permeating the entire R&D process, indicating that this transformation possesses both disruptive and incremental characteristics, necessitating open collaboration across the industry chain to address challenges and seize opportunities [3]

Core Insights - The automotive industry is undergoing a significant transformation driven by artificial intelligence, with companies like Alt (300825.SZ) leading the charge in integrating AI into automotive design and development processes [1][4]. Group 1: AI Strategy and Product Launch - Alt has actively explored innovative models that integrate knowledge engineering, automotive design data, and AI models since announcing its AI strategy in 2023 [1]. - The company launched a new product system called "AI + Digital Intelligence Creation," featuring three core AI products aimed at reshaping the foundational logic of automotive research and development [2][3]. Group 2: Key AI Products - The "Yuanfang" knowledge model serves as an "intelligent assistant" for engineers, significantly reducing design iteration time from weeks to hours through capabilities like drawing analysis and intelligent review [3]. - The "Fangcun" product integrates AI with digital prototypes, utilizing cloud computing to enhance performance and automate gap and interference detection, thereby improving engineering efficiency and reducing costs [3]. - The "Yufeng" aerodynamic AI system predicts wind resistance in real-time during the design phase, shortening development cycles by two months and lowering costs [3]. - The "Taiyi" 3.0 version of the styling AI has evolved into a comprehensive automotive design platform, enhancing collaborative capabilities and integrating various design processes [3]. Group 3: Ecosystem Development - Alt has established an "ecological matrix" in collaboration with Modus World, uniting key industry players to create a vibrant and innovative ecosystem [5][6]. - The company emphasizes that competition in the intelligent era is shifting from individual enterprises to healthy ecological systems, highlighting the importance of collaboration and innovation [5]. - Alt aims to deepen AI technology research and application, accelerating the transformation of the automotive industry towards intelligent manufacturing and enhancing supply chain stability [6].

Core Viewpoint - The company, Altec Automotive Technology Co., Ltd., has experienced a significant decline in stock price and profitability, indicating potential challenges in its business operations and market position [1][2]. Group 1: Stock Performance - On December 23, Altec's stock price fell by 2.08% to 9.40 CNY per share, with a total market capitalization of 4.682 billion CNY [1]. - Year-to-date, Altec's stock has decreased by 16.81%, with a recent 5-day increase of 1.51%, but a 20-day decline of 9.09% and a 60-day decline of 18.40% [1]. Group 2: Financial Performance - For the period from January to September 2025, Altec reported a revenue of 736 million CNY, reflecting a year-on-year growth of 19.30% [2]. - The company's net profit attributable to shareholders was -151 million CNY, showing a drastic year-on-year decrease of 12,246.62% [2]. Group 3: Shareholder Information - As of September 30, 2025, Altec had 31,500 shareholders, an increase of 6.69% from the previous period, while the average number of circulating shares per person 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: Business Overview - Altec, established on May 23, 2007, and listed on March 27, 2020, specializes in the design of fuel and new energy vehicles, with 87.68% of its revenue coming from new energy vehicle design [1]. - The company operates within the automotive services sector and is associated with concepts such as digital twins, data elements, rural revitalization, AI models, and AI multimodal [1].

Core Viewpoint - The stock of Alter has shown a mixed performance, with a recent increase in price but a significant decline over the year, indicating potential volatility and investor sentiment shifts [2]. Group 1: Stock Performance - As of December 22, Alter's stock price increased by 2.00% to 9.68 CNY per share, with a trading volume of 24.66 million CNY and a turnover rate of 0.53%, resulting in a total market capitalization of 4.82 billion CNY [1]. - Year-to-date, Alter's stock has decreased by 14.34%, with a 2.76% increase over the last five trading days, a 5.93% decline over the last 20 days, and a 17.41% drop over the last 60 days [2]. Group 2: Company Overview - Alter Automotive Technology Co., Ltd. was established on May 23, 2007, and went public on March 27, 2020. The company is located in Beijing Economic and Technological Development Zone and specializes in the design of fuel and new energy vehicles, along with related technical services [2]. - The revenue composition of Alter includes 87.68% from new energy vehicle design, 11.73% from fuel vehicle design, and 0.59% from other services [2]. Group 3: 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%. However, the net profit attributable to shareholders was -151 million CNY, a drastic decrease of 12,246.62% compared to the previous year [2]. - As of September 30, 2025, 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]. Group 4: Institutional Holdings - 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 of Alter [2].

据了解，原合同签署于2024年8月26日，HDI拟向四川阿尔特采购专用混合动力变速器产品（DHT），合同总金额预计不低于人民币14.51亿元（不含税）， 曾被视为阿尔特拓展海外业务的重要举措。 此次签署的《终止协议》明确，自协议生效之日起，原合同终止履行，双方不存在任何争议或潜在争议，互不承担违约责任，亦无未了结的债权债务关系 （如有相关权利双方均予以放弃）。同时，原合同项下所有设备、技术文件及商业信息已按约定归还或销毁，包括保证、保密、知识产权等在内的衍生义务 也已终止，双方不再基于原合同提出任何索赔主张。 12月15日，阿尔特发布公告称，其控股子公司四川阿尔特新能源汽车有限公司（以下简称"四川阿尔特"）与HDI TRADING CO., LIMITED（以下简 称"HDI"）正式签署《终止协议》，双方一致同意终止此前签署的专用混合动力变速器产品（DHT）采购合同，此次合同终止系受HDI最终客户所在地区市 场环境影响，经友好协商后达成一致。 关于《终止协议》的争议解决条款，公告显示，协议受新加坡法律管辖及解释，若双方就协议相关争议未能在30日内友好协商解决，将提交国际商会国际仲 裁院按规则进行仲裁，仲裁地为 ...

根据协议，阿尔特将依托其在新能源汽车核心零部件领域积累的深厚技术实力与系统化研发经验，为奚 仲智造的智能农机平台提供定制化前变速器总成、后变速器总成及PTO减速器等核心传动解决方案。该 系列产品将精准匹配智能农机在农田运输、自动驾驶、高效作业等多场景下的高负荷、高可靠性运行需 求，全面适配新能源纯电驱动平台的性能与技术标准。 本次合作聚焦于智能农机专用传动系统的深度定制开发。阿尔特将严格遵循双方共同确认的技术标准与 开发流程，系统整合设计、验证与生产资源，确保项目全周期质量管控与节点达成。预计在未来数年 内，相关核心传动部件需求规模也将持续提升，这不仅为本次合作提供了扎实的市场基础，也为后续产 业链协同与技术迭代创造了广阔空间。 近日，阿尔特（300825）汽车技术股份有限公司（以下简称"阿尔特"）旗下四川阿尔特新能源汽车有限 公司与奚仲智造（山东）农业装备有限公司（以下简称"奚仲智造"）正式签署合作协议，双方将基于奚 仲智造智能农机车型，在前变速器总成、后变速器总成及PTO减速器等核心零部件的匹配开发与应用领 域展开深度合作。此次合作是新能源智能驱动技术与高端智能农机装备的强强联合，旨在共同推进我国 现代农 ...

证券日报网讯 12月15日晚间，阿尔特发布公告称，公司第五届董事会第二十四次会议审议通过《关于 修订及制定公司部分治理及管理制度的议案》《关于补选公司第五届董事会战略委员会委员的议案》等 多项议案。 （编辑 楚丽君） ...

阿尔特（300825）(300825.SZ)公告，公司控股子公司四川阿尔特新能源汽车有限公司(简称四川阿尔特) 此前于2024年8月26日与HDI TRADING CO.,LIMITED(简称HDI)签署合同，HDI拟向四川阿尔特采购专 用混合动力变速器产品(DHT)。于2025年12月15日，四川阿尔特与HDI签署《终止协议》，受HDI最终 客户所在地区市场环境影响，经买卖双方友好协商，根据原合同约定，同意终止原合同。 ...

阿尔特晚间公告，2025年12月15日，公司控股子公司四川阿尔特新能源汽车有限公司（下称四川阿尔 特）与HDI TRADING CO., LIMITED签署《终止协议》，受HDI最终客户所在地区市场环境影响，经买 卖双方友好协商，根据原合同约定，同意终止原合同。此前，HDI拟向四川阿尔特采购专用混合动力变 速器产品（DHT），合同总金额预计不低于人民币145,100万元（不含税）。 ...

转自：证券时报 人民财讯12月15日电，阿尔特(300825)12月15日公告，此前公告，HDI拟向公司控股子公司四川阿尔特 采购专用混合动力变速器产品（DHT），合同总金额预计不低于14.51亿元（不含税）。12月15日，四 川阿尔特与HDI签署《终止协议》，受HDI最终客户所在地区市场环境影响，经买卖双方友好协商，根 据原合同约定，同意终止原合同。 ...