中国中车股份有限公司 关于分拆所属子公司 中车戚墅堰机车车辆工艺研究所股份有限公司 至深圳证券交易所创业板上市的预案 （修订稿） 独立财务顾问 二〇二五年十一月 | 释 义 | 5 | | --- | --- | | 公司声明 | 6 | | 证券服务机构声明 | 7 | | 重大事项提示 | 8 | | 一、本次分拆上市方案简介 8 | | | 二、本次分拆发行上市方案介绍 8 | | | 三、本次分拆对公司的影响 10 | | | 四、本次分拆对各方股东特别是中小股东、债权人和其他利益相关方的影 | | | 响 10 | | | 五、本次分拆的决策过程和批准情况 11 | | | 六、各方出具的重要承诺/说明/声明 12 | | | 七、上市公司控股股东对本次分拆的原则性意见 16 | | | 八、待补充披露的信息提示 17 | | | 九、其他需要提醒投资者重点关注的事项 17 | | | 重大风险提示 | 18 | | 一、本次分拆上市的审批风险 18 | | | 二、与拟分拆主体相关的风险 18 | | | 三、股票市场波动风险 19 | | | 四、不可抗力风险 19 | | | 第一章 本次分拆 ...

中国中车股份有限公司（以下简称"中国中车"或"公司"）拟分拆所属子 公司中车戚墅堰机车车辆工艺研究所股份有限公司至深圳证券交易所创业板上 市（以下简称"本次分拆"）。董事会现对本次分拆董事会决议日前公司 A 股股 票波动情况说明如下： 公司于 2025 年 11 月 27 日召开第四届董事会第四次会议审议本次分拆的相 关事项。本次董事会决议日前 20 个交易日的区间段为 2025 年 10 月 30 日至 2025 年 11 月 26 日，涨跌幅计算基准日为董事会决议日前第 21 个交易日（2025 年 10 月 29 日），该区间段内中国中车 A 股股票（代码：601766.SH）、上证指数（代 码：000001.SH）、Wind 轨道交通指数（代码：866066.WI）的累计涨跌幅情况如 下： | 项目 | 2025 年 （收盘价） | 10 月 | 29 日 | 2025 | 年 11 月 （收盘价） | 26 日 | 涨跌幅 | | --- | --- | --- | --- | --- | --- | --- | --- | | 中国中车 A 股股价 （元/股） | 7.92 | | | | | 7 ...

中国中车股份有限公司（以下简称"公司"）第四届董事会第四次会议于 2025 年 11 月 24 日以书面形式发出通知，于 2025 年 11 月 27 日以现场会议的方式在 北京召开。会议应到董事 8 人，实到董事 7 人，独立非执行董事魏明德先生因其 他公务未能亲自出席本次会议，委托独立非执行董事王西峰先生代其行使在本次 会议上各项议案的表决权和会议决议、会议记录等文件的签字权。公司部分高级 管理人员及有关人员列席了会议。本次会议的召开符合有关法律、行政法规、部 门规章和《中国中车股份有限公司章程》（以下简称"《公司章程》"）的有关规定。 会议由董事长孙永才先生主持，经过有效表决，会议形成以下决议： 一、审议通过《关于分拆所属子公司中车戚墅堰机车车辆工艺研究所股份 有限公司至深圳证券交易所创业板上市背景及目的、商业合理性、必要性及可 行性分析的议案》。 证券代码：601766（A 股） 股票简称：中国中车（A 股） 编号：2025-051 证券代码： 1766（H 股） 股票简称：中国中车（H 股） 中国中车股份有限公司 第四届董事会第四次会议决议公告 本公司董事会及全体董事保证公告内容不存在任何虚假记载、 ...

香港联交所最新资料显示，11月12日，平安资管公司增持中国中车（601766）(01766)1392.8万股，每股 均价6.3788港元，总金额约为8884.39万港元。增持后最新持股数目约为3.11亿股，最新持股比例 7.12%。 ...

智通财经APP获悉，香港联交所最新资料显示，11月12日，平安资管公司增持中国中车(01766)1392.8万 股，每股均价6.3788港元，总金额约为8884.39万港元。增持后最新持股数目约为3.11亿股，最新持股比 例7.12%。 ...

Core Viewpoint - China CRRC is actively enhancing investor returns amid steady growth in operating performance, announcing a cash dividend of 0.11 yuan per share, totaling approximately 3.157 billion yuan [1][3]. Financial Performance - In the first three quarters of 2025, China CRRC achieved revenue of approximately 183.865 billion yuan, a year-on-year increase of 20.49%, and a net profit attributable to shareholders of about 9.964 billion yuan, up 37.53% year-on-year [2]. - The company's net profit excluding non-recurring items reached 9.096 billion yuan, reflecting a significant growth of 51.67% year-on-year, indicating improved profit quality [2]. - As of the end of the third quarter, total assets amounted to 569.815 billion yuan, an increase of 11.1% compared to the end of the previous year [2]. Business Segments - All business segments of China CRRC reported revenue growth, with the railway equipment segment contributing significantly, generating 87.717 billion yuan, a 22.23% increase year-on-year, primarily due to increased revenue from high-speed trains [2]. - The new industries segment showed the strongest growth, with revenue of 66.097 billion yuan, up 31.91% year-on-year [2]. - Revenue from urban rail and infrastructure, as well as modern services, also progressed steadily, achieving 27.288 billion yuan and 2.764 billion yuan, respectively [2]. Order Growth and Global Expansion - In the first three quarters of 2025, China CRRC signed new orders totaling approximately 247.2 billion yuan, a year-on-year increase of 16.49%, with international business contracts amounting to about 46.7 billion yuan, up 36.55% year-on-year [4]. - The company has successfully penetrated high-end markets, including the Dubai Metro Blue Line project and operational services for the Jakarta-Bandung High-Speed Railway and China-Laos Railway [4]. - China CRRC maintains a strong focus on technological self-reliance, with cumulative R&D expenses reaching 80.685 billion yuan from 2020 to the first three quarters of 2025, sustaining high R&D intensity [4]. Innovation and Future Outlook - The company has introduced numerous innovative products, including the CR450 train model and hydrogen-powered trams, showcasing its commitment to high-quality development [5]. - Looking ahead, China CRRC aims to advance the synergistic development of rail transit and clean energy equipment, establishing a new industrial pattern of "dual tracks and dual clusters" [5].

Group 1 - Ping An Asset Management Co., Ltd. increased its stake in China CNR Corporation Limited (stock code: 01766.HK) by acquiring 22.671 million shares at an average price of HKD 6.3142 per share, totaling approximately HKD 143 million [1][2] - Following this acquisition, Ping An Asset Management's total shareholding in China CNR Corporation rose to 282,977,000 shares, increasing its ownership percentage from 5.95% to 6.47% [1][2]

Group 1 - Ping An Asset Management Co., Ltd. increased its stake in China CNR Corporation Limited (601766) by acquiring 22.671 million shares at an average price of HKD 6.3142 per share, totaling approximately HKD 143 million [1] - Following the acquisition, Ping An Asset Management's total shareholding in China CNR Corporation is approximately 283 million shares, representing a holding percentage of 6.47% [1]

Core Viewpoint - Ping An Asset Management Co., Ltd. has increased its stake in China CRRC Corporation Limited by acquiring 22.671 million shares at an average price of HKD 6.3142 per share, totaling approximately HKD 143 million, resulting in a new holding of about 283 million shares, representing a 6.47% ownership stake [1] Group 1 - Ping An Asset Management Co., Ltd. purchased 22.671 million shares of China CRRC at an average price of HKD 6.3142 per share [1] - The total investment amount for this acquisition is approximately HKD 143 million [1] - Following this transaction, Ping An's total shareholding in China CRRC has increased to approximately 283 million shares [1] Group 2 - The new ownership percentage of Ping An in China CRRC is now 6.47% [1]

Group 1 - The core point of the article is that China CRRC announced its cash dividend plan for the first half of 2025, which includes a cash dividend of RMB 0.11 per share (tax included) for A-shares [1] - The record date for the dividend distribution is set for November 19, 2025, and the ex-dividend date is November 20, 2025 [1]