Market Overview - On August 8, the motorcycle and other sectors rose by 1.09%, led by Taotao Industry [1] - The Shanghai Composite Index closed at 3635.13, down 0.12%, while the Shenzhen Component Index closed at 11128.67, down 0.26% [1] Stock Performance - Taotao Industry (301345) closed at 168.62 with a gain of 6.13% and a trading volume of 35,800 shares, amounting to a transaction value of 597 million [1] - Chuncheng Power (603129) closed at 254.83, up 4.53%, with a trading volume of 20,500 shares [1] - Longxin General (603766) saw a 2.92% increase, closing at 13.40 with a trading volume of 377,600 shares [1] - Other notable performers include Qianli Technology (601777) with a 1.43% increase and a closing price of 9.22, and Linhai Co. (6600099) with a 1.10% increase [1] Fund Flow Analysis - The motorcycle and other sectors experienced a net outflow of 126 million from main funds, while retail investors saw a net inflow of 86.52 million [2] - The main funds' net inflow for Xilong Health (002105) was 16.87 million, while Shanghai Phoenix (600679) had a net inflow of 15.82 million [3] - Conversely, significant net outflows were observed in Zhonglu Co. (600818) with -5.12 million and Spring Power (603129) with -7.18 million [3]

Core Viewpoint - The company, Jiuqi Co., Ltd., is experiencing growth driven by its strong export capabilities, benefiting from the depreciation of the RMB and its involvement in the China-Russia trade concept, as well as trends in the sports and three-child policy sectors [2]. Company Overview - Jiuqi Co., Ltd. is a major exporter of bicycles and related products, engaged in the design, research, production, and sales of complete bicycles and components [2][6]. - The company has a diverse product range, including children's bicycles, adult bicycles, electric bicycles, and accessories, with a significant presence in over 80 countries across five continents [2][6]. - As of August 4, the company had 12,400 shareholders, a decrease of 8.42% from the previous period, with an average of 9,402 circulating shares per shareholder, an increase of 9.20% [6]. Financial Performance - For the first quarter of 2025, Jiuqi Co., Ltd. reported a revenue of 690 million yuan, representing a year-on-year growth of 30.39%, and a net profit attributable to shareholders of 40.84 million yuan, up 90.01% year-on-year [6]. - The company has distributed a total of 400 million yuan in dividends since its A-share listing, with 198 million yuan distributed over the past three years [7]. Market Activity - On August 6, the stock price of Jiuqi Co., Ltd. increased by 0.40%, with a trading volume of 77.35 million yuan and a turnover rate of 3.80%, bringing the total market capitalization to 4.081 billion yuan [1]. - The stock has shown no significant trend in net inflow from major investors, with a net outflow of 1.6066 million yuan on the day [3][4].

Core Viewpoint - The company, Jiuqi Co., Ltd., is experiencing positive market movements, with a recent stock price increase and significant overseas revenue, benefiting from the depreciation of the RMB and the growing demand in the sports industry and the three-child policy concept [1][2]. Company Overview - Jiuqi Co., Ltd. is a major exporter of bicycles, engaged in the design, research, production, and sales of bicycles and related products, with a diverse product range including electric bicycles and children's bikes [2][6]. - The company has a strong international presence, with 96.44% of its revenue coming from overseas markets, particularly benefiting from the depreciation of the RMB [2][6]. - The product lineup includes various types of bicycles and children's vehicles, catering to different age groups and riding needs [2]. Financial Performance - For the first quarter of 2025, Jiuqi Co., Ltd. reported a revenue of 690 million yuan, representing a year-on-year growth of 30.39%, and a net profit attributable to shareholders of 40.84 million yuan, up 90.01% year-on-year [6]. - The company has distributed a total of 400 million yuan in dividends since its A-share listing, with 198 million yuan distributed over the past three years [7]. Market Activity - On August 5, the stock price of Jiuqi Co., Ltd. increased by 2.53%, with a trading volume of 101 million yuan and a market capitalization of 4.065 billion yuan [1]. - The stock has shown a net inflow of 4.357 million yuan from major investors, indicating a mixed trend in investor sentiment [3][4].

截至2025年8月4日15时，久祺股份最新股价为17.01元，较前一交易日上涨0.14元，涨幅0.83%。当日开 盘价为16.68元，最高触及17.04元，最低下探16.54元，成交量为3.47万手，成交额0.59亿元。 资金流向方面，8月4日主力资金净流出71.21万元，近五个交易日累计净流出3264.81万元。 风险提示：市场有风险，投资需谨慎。 消息面上，久祺股份股东户数近期出现下降。截至2025年8月1日，公司股东户数为1.24万户，较上一统 计日减少1141户，降幅8.42%。户均持股数量上升至9402股，户均流通市值15.86万元。 久祺股份主营业务涉及交运设备制造，同时涵盖跨境电商等业务领域。公司注册地位于浙江，属于创业 板上市公司。 ...

Group 1 - The stock price of Jiuqi Co., Ltd. closed at 17.32 yuan on July 30, down 0.36 yuan, a decrease of 2.04% from the previous trading day [1] - The opening price on the same day was 17.68 yuan, with a highest point of 17.70 yuan and a lowest point of 17.15 yuan, with a trading volume of 66,700 hands and a transaction amount of 116 million yuan [1] - Jiuqi Co., Ltd. is part of the transportation equipment sector, primarily engaged in the research, development, production, and sales of bicycles and components, and is registered in Zhejiang Province [1] Group 2 - At around 13:02 on July 30, Jiuqi Co., Ltd. experienced a rapid rebound, with a price increase of over 2% within 5 minutes, reaching a peak of 17.65 yuan [1] - On the same day, the net outflow of main funds was 11.1031 million yuan [1]

金融界消息 截至2025年7月30日收盘，久祺股份（300994）报收于17.32元，下跌2.04%，换手率 5.72%，成交量6.67万手，成交金额1.16亿元。 天眼查商业履历信息显示，久祺股份有限公司，成立于2000年，位于杭州市，是一家以从事农、林、 牧、渔专业及辅助性活动为主的企业。企业注册资本23308.8万人民币，实缴资本23308.8万人民币。公 司法定代表人为李政。 通过天眼查大数据分析，久祺股份有限公司共对外投资了8家企业，参与招投标项目3次，知识产权方面 有商标信息242条，专利信息19条，此外企业还拥有行政许可8个。 来源：金融界 资金流向方面，今日主力资金净流出1110.31万元，占比成交额9.59%。其中，超大单净流出103.92万 元、占成交额0.9%，大单净流出1006.39万元、占成交额8.69%，中单净流出流出1384.85万元、占成交 额11.96%，小单净流入2495.17万元、占成交额21.55%。 久祺股份最新一期业绩显示，截至2025一季报，公司营业总收入6.90亿元、同比增长30.39%，归属净利 润4084.03万元，同比增长90.01%，扣非净利润4070. ...

Group 1: Market Demand and Trends - E-BIKE has gained popularity in Europe due to increasing environmental awareness and the pursuit of healthy lifestyles, leading to a boost in demand for mid-to-high-end products [1] - Sales growth of E-BIKE products in overseas markets, particularly Europe, has slowed down since 2022 due to high inventory levels, but demand is recovering as inventory issues are resolved [1] - The future market development trend for E-BIKE remains positive, with a focus on expanding into emerging markets [1] Group 2: Customer Structure and Expansion - The company primarily sells to Europe and the Americas, with a customer base that includes non-first-tier brands across over 80 countries, including Colombia, Mexico, and Brazil [2] - The customer structure is diverse, including brand owners, distributors, importers, and assembly factories in Southeast and Eastern Europe, with low overall customer concentration [2] - New customer acquisition is being pursued through participation in domestic and international exhibitions and optimizing cross-border e-commerce platforms [2] Group 3: Product Positioning and Production Capacity - In South America, the company positions its products in the mid-range segment, targeting local first and second-tier brands and distributors [2] - The current production capacity utilization is normal, and the Tianjin Jinjou project has commenced production, which is expected to increase the company's self-manufacturing ratio and improve product quality [2] Group 4: Brand and Market Performance - The cross-border e-commerce business focuses on children's bicycles, with adult bicycles also being sold, and the core children's brand ranks highly on Amazon [2] - The company is actively expanding its cross-border e-commerce channels, primarily targeting the U.S. market while exploring new overseas markets [2] Group 5: Research and Development - The R&D team consists of over a hundred personnel, divided into multiple teams specializing in various fields such as industrial design and mechanical design [4] - Specialized R&D groups are established for different product lines, including electric assist bicycles [4] Group 6: E-BIKE and High-End Product Markets - The primary target market for E-BIKE and high-end bicycle products is Europe [4] - The traditional bicycle business model relies heavily on offline sales, but there is a growing trend towards online shopping among younger consumers, indicating significant future growth potential for cross-border e-commerce [3]

久祺股份有限公司 第二条 本制度所称子公司，是指根据公司总体发展战略规划，结合产业结 构调整和市场业务需要，依法设立的由公司投资的具有独立法人资格的全资或控 股的公司。 第三条 本制度旨在通过建立有效的子公司管控体系与机制，对子公司的组 织、战略、投资、生产、经营、财务、人事、信息披露等重要的经营运作活动进 行规范，加强对子公司的管控力度，提高公司整体运作效率和抗风险能力。 第四条 公司根据子公司的业务板块特性和股权关系、战略地位、与公司主 营业务的关联度及盈利能力等要素，对子公司实施分类管理，并结合其实际运作 需要，制定相应的管控权责体系。 第五条 公司应持续完善内设机构的职能配置，公司各职能部门应积极履行 对子公司的业务及工作承担指导、管理、审核、审批、监督、检查及考核等职能。 第六条 子公司应遵照公司的管理要求，并结合其所在行业特性，建立健全 各项管理制度，并有计划、有针对性地实施质量管理、环境管理、职业健康安全 管理一体化管理体系。 第二章 法人治理结构管理 第七条 公司应规范下属子公司股东会、董事会和监事会管理制度，明确子 公司股东会、董事会、监事会的职责与权限，子公司的股东会议事规则、董事会 子公 ...

第三条 制定本制度的目的：规范公司接待和推广工作的行为，增加公司信 息披露透明度及公平性，提高公司透明度，改善公司治理结构，促进公司与投资 者之间的良性关系，增进外界对公司的了解和认知。 第四条 接待和推广的基本原则： 久祺股份有限公司 投资者接待和推广制度 第一章 总 则 第一条 为贯彻证券市场公开、公平、公正原则，规范久祺股份有限公司( 以下简称"公司")接待和推广的行为，加强公司与投资者和潜在投资者(以下统 称"投资者")之间的交流和沟通，改善公司治理，根据《公司法》、《证券法》等 法律法规和中国证监会、深圳证券交易所相关文件以及《公司章程》的规定， 结合公司实际情况，制定本制度。 第二条 本制度所述的接待和推广工作是指公司通过股东会、接受投资者 调研、邮寄资料、一对一沟通、现场参观、电话咨询、业绩说明会、分析师会议、 投资者恳谈会和路演、新闻采访等活动，加强公司与投资者之间沟通，增进投资 者对公司了解的工作。 （四）高效率、低成本的原则； （五）国家法律法规及深圳证券交易所对公司投资者关系管理的其他原则 第五条 除非得到明确书面授权，公司董事、高级管理人员和员工，以及股 东、实际控制人，不得在接待和推 ...

市值管理制度 第一章 总则 第一条 为规范久祺股份有限公司(以下简称"公司")市值管理行为，维护 公司、投资者及其他利益相关者的合法权益，促进公司规范运作，根据 中华人 民共和国公司法》 中华人民共和国证券法》 上市公司监管指引第 10 号——市 值管理》 深圳证券交易所创业板股票上市规则》等法律、法规和规范性文件及 久祺股份有限公司章程》(以下简称 公司章程》)的有关规定，制定本制度。 第二条 本制度所指市值管理，是指上市公司以提高公司质量为基础，为提 升公司投资价值和股东回报能力而实施的战略管理行为。公司应当牢固树立回报 股东意识，采取措施保护投资者尤其是中小投资者利益，诚实守信、规范运作、 专注主业、稳健经营，以新质生产力的培育和运用，推动经营水平和发展质量提 升，并在此基础上做好投资者关系管理，增强信息披露质量和透明度，必要时积 极采取措施提振投资者信心，推动公司投资价值合理、充分反映公司价值。 第二章 市值管理的目的与基本原则 第三条 市值管理主要目的是通过充分、合规的信息披露，增强公司透明度， 引导公司的市场价值与内在价值趋与一致。同时，运用资本运作、权益管理、投 资者关系管理等手段，提升公司投资 ...