专题：专题|2024年度A股CFO数据报告：美的集团钟铮年薪946万，比亚迪周亚琳896万 导语：均胜电子募集资金使用因多项违规被处罚，而公司 CFO 李俊彧年薪仍达 517 万，名列业内第三。 作为上市公司核心管理层关键成员，财务总监CFO的地位与作用至关重要。新浪财经《2024年度A股CFO数据报告》显示，2024年A股上市公司财务总监 CFO群体薪酬规模合计达42.70亿元，平均年薪为81.48万元。 分行业来看，A股和新三板汽车行业（申万一级）进入统计的上市公司共304家，CFO薪酬合计金额2.37亿元，平均年薪约78.23万元，中位数约60.5万元。 值得注意的是，CFO年薪前十的汽车行业上市公司中，均胜电子因存在募集资金违规划转、未按规定用途使用募集资金、以自有资金代垫募投项目合作方应 支付的募集资金等违规行为，在2024年受到监管层出具监管工作函、内部通报批评等多次处罚。而公司CFO李俊彧年薪却高达517万元，并在业内排名第 三，相比2023年仍涨薪15万。 | 上市公司 | 行业(申万一级) | CFO | 年齢 | 学历 | 新酬(万) | 营收增速 | | --- | --- | --- ...

Group 1 - The core viewpoint of the article is that Aima Technology (603529.SH) is rated as a buy due to favorable industry conditions and company performance [2] Group 2 - Industry analysis indicates that domestic sales policies and the recovery of exports create a promising outlook for the two-wheeler industry [2] - Company analysis highlights Aima's focus on deepening its two-wheeler product line while expanding into three-wheeler business, along with continuous breakthroughs in production and distribution channels [2]

Group 1 - The U.S. has imposed a punitive tariff of 39% on Switzerland, significantly higher than tariffs on the EU (20%) and Japan (15%), due to a trade surplus of $38 billion and alleged non-tariff barriers [3][4] - The Swiss economy is heavily impacted, particularly in the luxury watch and chocolate sectors, with companies like Rolex and Patek Philippe facing increased export costs, while the pharmaceutical sector, which constitutes 40% of Swiss GDP, may also be affected despite initial exemptions [3][4] - Small and medium-sized enterprises, which make up 30% of Swiss exports, are at risk of severe financial strain due to the sudden increase in tariffs [3][4] Group 2 - The tariff escalation has disrupted global supply chains, particularly affecting precision manufacturing that relies on international collaboration, leading to layoffs and production cuts among Swiss suppliers [4][5] - The U.S. stands to lose as well, with Swiss companies employing 500,000 people in the U.S. and 90% of precision machine tools in the U.S. being imported from Switzerland, indicating a self-inflicted economic wound [5][6] - The Swiss franc depreciated by 0.8% in a single day, and the Swiss stock market index (SMI) fell below its February low, indicating a loss of investor confidence [6] Group 3 - The trade conflict has escalated the geopolitical dynamics among China, the U.S., and Europe, with Switzerland losing its role as a neutral mediator and potentially leading to closer ties between China and the EU [7] - The situation is prompting a shift in global supply chains, with ASEAN countries like Vietnam and Thailand benefiting from increased orders, and Swiss companies relocating production to Mexico to avoid tariffs [8] - The imposition of tariffs on Switzerland is seen as a threat to the post-World War II global trust system, leading to a potential reconfiguration of investment strategies focusing on cash reserves, growth sectors like AI and biotechnology, and new manufacturing locations [8][9]

Core Insights - Aima Technology's stock price closed at 34.66 yuan on July 31, 2025, down by 0.99 yuan, a decrease of 2.78% from the previous trading day [1] - The company reported a revenue of 6.232 billion yuan in Q1 2025, representing a year-on-year growth of 25.82%, and a net profit of 593 million yuan, up by 31.57% year-on-year [1] - Aima Technology's main business includes the research, production, and sales of electric two-wheeled vehicles, including electric bicycles and electric motorcycles, within the transportation equipment industry [1] Business Performance - The trading volume on the day was 75,537 hands, with a transaction amount of 264 million yuan [1] - The company's performance growth is driven by product structure and channel optimization [1] - A new safety technical specification for electric bicycles will be implemented starting September 1, which may impact the industry [1]

Group 1 - The core viewpoint of the report is that Aima Technology (603529.SH) is rated as a "buy" with a target price of 56.64 yuan, reflecting a positive outlook on the company's growth potential [2] - The report highlights that advancements in three-electric technology and smart features are driving an increase in average selling price (ASP), with clear growth logic in product and channel optimization [2] - The second growth curve for the company includes international expansion and the electric tricycle segment, which opens up new growth opportunities [2] Group 2 - The report mentions potential risks such as weak stimulus for terminal replacement through trade-in programs, intense competition leading to price wars, significant fluctuations in raw material prices, risks associated with share unlocks, and the risk of convertible bonds trading above the current stock price [2]

证券之星消息，7月31日摩托车及其他板块较上一交易日下跌1.6%，爱玛科技领跌。当日上证指数报收 于3573.21，下跌1.18%。深证成指报收于11009.77，下跌1.73%。摩托车及其他板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | | 成交额(元) | | --- | --- | --- | --- | --- | --- | --- | | 301322 | 绿植科技 | 28.72 | 2.10% | | 4.36万 | 1.24亿 | | 003033 | 征和工业 | 43.98 | 0.59% | | 3.65万 | 1.62亿 | | 002105 | 信隆健康 | 7.55 | 0.27% | | 9.62万 | 7249.99万 | | 601777 | 千里科技 | 8.22 | -0.96% | | - 31.62万 | 2.60亿 | | 6000689 | 九号公司 | 60.52 | -1.05% | | 15.17万 | 9.36亿 | | 603766 | 隆鑫通用 | 12.05 | -1.07% | | 17.15万 | 2.0 ...

Group 1: Company Performance Overview - The company expects a net profit of 450 million to 500 million RMB for the first half of 2025, a year-on-year decline of 59.18% to 63.26% [2] - Excluding non-recurring gains and losses, the net profit is projected to be 220 million to 265 million RMB, a year-on-year increase of 0.00% to 20.00% [2] - The decline in net profit is primarily due to a previous year's gain from the disposal of shares in Dazhuo Siter, which impacted net profit by approximately 890 million RMB [2] Group 2: PCB Business Performance - The subsidiary Dazhuo CNC achieved a revenue of 959 million RMB in Q1 2025, a year-on-year increase of 27.89% [4] - Net profit for the same period was 117 million RMB, up 83.60% year-on-year, with a non-recurring profit of 108 million RMB, reflecting a 90.14% increase [4] - The demand for PCB processing equipment has rebounded due to the recovery in the consumer electronics market and the explosion of AI infrastructure needs [4] Group 3: New Energy Sector Developments - The lithium battery equipment sector is shifting focus from domestic to international markets, with ongoing collaborations with major clients like CATL and others [6] - The company is enhancing its market competitiveness in power battery and energy storage equipment through innovation and refined management [6] - In the photovoltaic equipment sector, the company has secured bulk orders for core production equipment from leading battery manufacturers [7] Group 4: Industrial Laser Processing Equipment - The company has launched a 150KW ultra-high power cutting machine, significantly enhancing its market presence in high-end applications [8] - The self-developed three-dimensional five-axis cutting head achieved sales exceeding 50 million RMB in its first year, widely replacing imported products [8] - The company is expanding its coverage in the mid-to-low-end market, steadily increasing its market share in high-power laser cutting equipment [8] Group 5: Overseas Expansion Strategy - The company is actively expanding its overseas R&D and sales teams to capitalize on the diversification of manufacturing supply chains [9] - The PCB market in Southeast Asia is expected to grow at a compound annual growth rate exceeding that of mainland China in the coming years [9] - The compound growth rates for IC packaging substrates in the US and Europe are projected to be 18.3% and 40.6%, respectively, over the next five years [9] Group 6: Share Buyback and Cancellation - The company completed a share buyback of 22,589,592 shares, accounting for 2.15% of its total share capital, with a total expenditure of approximately 500 million RMB [10] - The shares were subsequently canceled to reduce registered capital, with the latest total share capital now at 1,029,603,408 shares [11] Group 7: Pledge Situation - The actual controller and major shareholders have a share pledge ratio of 79.89% [12]

数据来源：中国汽车工业(摩托车)产销快讯，智研咨询整理 上市公司：钱江摩托（000913），信隆健康（002105），征和工业（003033），久祺股份（300994）， 林海股份（600099），上海凤凰（600679），中路股份（600818），力帆科技（601777），春风动力 （603129），爱玛科技（603529），隆鑫通用（603766），永安行（603776），新日股份（603787）， 绿通科技（301322），涛涛车业（301345），华洋赛车（834058） 相关报告：智研咨询发布的《2025-2031年中国摩托车行业市场专项调研及投资前景研究报告》 根据中国汽车工业(摩托车)产销快讯数据显示：2025年5月重庆劲扬摩托车工业有限公司摩托车产量为 4517辆，同比增长51.02%，销量为4517辆，同比增长51.02%，产销率为100%，无积压库存。 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的 ...

上市公司：钱江摩托（000913），信隆健康（002105），征和工业（003033），久祺股份（300994）， 林海股份（600099），上海凤凰（600679），中路股份（600818），力帆科技（601777），春风动力 （603129），爱玛科技（603529），隆鑫通用（603766），永安行（603776），新日股份（603787）， 绿通科技（301322），涛涛车业（301345），华洋赛车（834058） 数据来源：中国汽车工业(摩托车)产销快讯，智研咨询整理 根据中国汽车工业(摩托车)产销快讯数据显示：2025年5月重庆嘉陵工业有限公司摩托车产量为12841 辆，同比增长129.34%，销量为10216辆，同比增长83.94%，产销率为79.56%，积压2625辆。 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 相关报告：智研咨询发布的《2025-2031年中国摩托车行业市场专项调 ...

上市公司：钱江摩托（000913），信隆健康（002105），征和工业（003033），久祺股份（300994）， 林海股份（600099），上海凤凰（600679），中路股份（600818），力帆科技（601777），春风动力 （603129），爱玛科技（603529），隆鑫通用（603766），永安行（603776），新日股份（603787）， 绿通科技（301322），涛涛车业（301345），华洋赛车（834058） 数据来源：中国汽车工业(摩托车)产销快讯，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 相关报告：智研咨询发布的《2025-2031年中国摩托车行业市场专项调研及投资前景研究报告》 根据中国汽车工业(摩托车)产销快讯数据显示：2025年5月重庆润通智能装备有限公司摩托车产量为 20435辆，同比下降5.05%，销量为20047辆，同比下降13.64%，产销率为98.1 ...