淳厚基金调研上市公司中国重汽，旗下淳厚欣颐(010551)近一年回报达13.98%

Group 1 - The company conducted a research meeting from June 9 to June 11, 2025, focusing on its operational performance and market conditions [1] - In the first five months of 2025, the heavy truck market in China saw cumulative sales of approximately 437,500 units, a slight year-on-year increase of about 1%. In May alone, sales reached around 85,000 units, reflecting a year-on-year growth of approximately 9% [2] - The company reported that its production and sales performance remained strong, with growth compared to the same period last year, outperforming the industry average [2] Group 2 - The new "old-for-new" policy introduced in March 2025, which includes subsidies for scrapping and purchasing new natural gas heavy trucks, is expected to accelerate the replacement of old vehicles and promote the transition towards greener and more efficient technologies in the industry [2] - The company plans to leverage policy opportunities to enhance technological innovation and market expansion, aiming for high-quality business development [2] Group 3 - In the first five months of 2025, cumulative sales of new energy heavy trucks in China reached 51,000 units, representing a significant year-on-year increase of 195%. The industry is currently experiencing rapid growth driven by policy support and technological advancements [2] - The company is committed to deepening its focus on the new energy sector, promoting product innovation and application in various scenarios to enhance product advantages and market share [2]