淳厚基金调研中通客车，旗下淳厚信睿A(008186)近一年回报达37.82%

Group 1: Industry Overview - The cumulative sales of buses over 6 meters in the industry from January to May 2025 reached approximately 42,600 units, representing a year-on-year growth of 1.81% [2] - The company reported sales of 4,813 buses from January to May 2025, showing a year-on-year increase of 3.53% [2] - The industry is expected to maintain a positive growth trend in 2025, with adjustments in product structure, while the overall situation will not change significantly compared to 2024 [2] Group 2: Company Operations - The company plans to continue expanding its overseas market presence, focusing on the Middle East, Africa, and Asia, while actively developing high-end markets in Europe and the United States [2] - The company aims to leverage the sales channels and information networks of heavy industry groups to enhance the development of new energy buses [2] Group 3: Future Dividend Plans - The company emphasizes shareholder returns and will consider market conditions, operational performance, cash flow, and future funding needs to determine a reasonable dividend ratio [2]