Changchun Engley Automobile Industry (SH:601279) Xin Lang Cai Jing·2025-07-18 10:08Core Viewpoint - The stock of Yingli Automotive experienced a significant drop after failing to achieve a third consecutive trading limit increase, resulting in a loss of over 13% for investors who bought at the peak price [2][4]. Group 1: Stock Performance - On July 18, Yingli Automotive's stock opened high but quickly hit the trading limit before falling to a closing price of 4.5 yuan, marking a decline of 4.66% [2]. - The trading volume on July 18 reached 1.596 million lots, with a transaction value of 7.85 billion yuan, indicating a historical high in trading volume [2]. - Investors who bought at the peak price of 5.19 yuan faced significant losses, with a floating loss exceeding 13% in one day [2]. Group 2: Company Operations - Yingli Automotive stated that its operational status remains normal, with no significant changes in market environment, industry policies, production costs, or sales [4]. - The company confirmed that there are no major undisclosed events or media reports that could impact its stock price [4]. Group 3: Financial Performance - Yingli Automotive's revenue for 2022, 2023, and 2024 is projected to be 5.094 billion yuan, 5.318 billion yuan, and 4.693 billion yuan, respectively, with net profits of 58.37 million yuan, 102 million yuan, and 48.82 million yuan [4]. - For the first half of 2025, the company anticipates a net loss between 30 million yuan and 45 million yuan, attributed to increased competition in the automotive industry and delays in orders [6]. - The company is implementing cost reduction and efficiency improvement measures to enhance its core competitiveness and operational efficiency [6].