股票简称：ST 云动 股票代码：000903 编号：2025—063 号 昆明云内动力股份有限公司 昆明云内动力股份有限公司（以下简称"公司"）下属全资子公司昆明云内 动力智能装备有限公司（以下简称"智能装备公司"）因业务发展需要，拟在华 夏银行股份有限公司昆明大观支行办理 2,800 万元授信额度。 为保障该笔授信顺利办理，满足智能装备公司日常经营需要，公司为本次授 信提供连带责任保证担保，担保总额不超过 2,800 万元人民币，担保期限自保证 合同签署之日始至主合同项下主债务履行期届满之日起满三年的期间。2025 年 12 月 3 日，公司与华夏银行股份有限公司昆明大观支行签署了《最高额保证合 同》。 2、董事会审议情况 2025 年 12 月 3 日，公司召开第七届董事会第十六次会议审议通过了《关于 为全资子公司提供担保的议案》。根据《深圳证券交易所股票上市规则》《公司章 程》等规定，公司本次对全资子公司的担保事项经董事会审议批准后，无需提交 公司股东会审议。 二、被担保人基本情况 1、基本情况 公司名称：昆明云内动力智能装备有限公司 关于为全资子公司提供担保的公告 本公司及董事会全体成员保证信息披露内 ...

股票简称：ST 云动 股票代码：000903 编号：2025—062 号 表决结果：本议案7票表决，7票同意、0票反对、0票弃权。 为满足公司全资子公司昆明云内动力智能装备有限公司（以下简称"智能装 备公司"）日常经营需要，董事会同意为智能装备公司在华夏银行股份有限公司 昆明大观支行办理的授信提供连带责任保证担保，担保总额不超过 2,800 万元人 民币，担保期限自保证合同签署之日始至主合同项下主债务履行期届满之日起满 三年的期间。具体内容详见公司同日披露于《中国证券报》《证券时报》《上海证 券报》《证券日报》及巨潮资讯网（www.cninfo.com.cn）上的《关于为全资子公 司提供担保的公告》（2025-063 号）。 本议案已经董事会审计委员会审议通过。 三、备查文件 昆明云内动力股份有限公司 第七届董事会第十六次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 一、董事会会议召开情况 昆明云内动力股份有限公司（以下简称"公司"）第七届董事会第十六次会 议于 2025 年 12 月 3 日在公司办公大楼九楼会议室召开。本次董事会会议通知于 ...

南财智讯12月3日电，ST云动公告，公司为满足全资子公司昆明云内动力智能装备有限公司日常经营需 要，于2025年12月3日与华夏银行股份有限公司昆明大观支行签署《最高额保证合同》，为其在该行办 理的授信业务提供连带责任保证担保，担保总额不超过2800.00万元人民币，担保期限自保证合同签署 之日始至主合同项下主债务履行期届满之日起满三年。本次担保事项已经公司第七届董事会第十六次会 议审议通过，无需提交股东大会审议。截至目前，公司及控股子公司累计担保额度为2800.00万元，占 公司最近一期经审计净资产的1.70%，均为对全资子公司的担保，无逾期担保情况。 ...

Core Viewpoint - The article emphasizes the importance of efficient operations in urban distribution logistics, highlighting the need for vehicles that are tailored to meet the specific demands of logistics operators, with a focus on reducing maintenance, maximizing load capacity, and minimizing costs while ensuring stable performance [1][11]. Group 1: Vehicle Durability and Safety - The durability of urban distribution vehicles is crucial for operational efficiency, with the Jiangling E-Luda featuring a high-strength steel frame that maintains structural rigidity under challenging conditions, demonstrating no deformation or loosening after 500 kilometers on unpaved roads [3]. - The vehicle is equipped with advanced battery technology from CATL, ensuring safety and longevity, with a cycle life of 3,500 times and a degradation rate of less than 20%, meeting the demands of long-term operations with an 8-year or 400,000-kilometer warranty [3]. - The E-Luda includes an electronic hydraulic braking system that offers rapid response times, with a braking distance of just 23 meters from 60 km/h, outperforming similar models by 4 meters, enhancing safety during loaded transport [3][4]. Group 2: Loading Efficiency and Design - The E-Luda features a customized design with a cargo box measuring 4.2 meters and an internal width of 2,100 mm, providing a cargo volume of 18.5 m³, which is ideal for mainstream urban distribution scenarios [6]. - The vehicle's design allows for the transport of five double-door refrigerators in one trip, reducing the number of trips required compared to traditional models, and can carry a stable load of 3 tons, significantly increasing revenue potential [6]. - The loading height is optimized for ease of access, allowing for efficient manual handling without the need for excessive lifting, and the design facilitates direct forklift access, doubling loading and unloading efficiency compared to traditional vehicles [6]. Group 3: Energy Efficiency and Cost Savings - The E-Luda offers three battery options (77 kWh, 86 kWh, and 100 kWh), with the 100 kWh version providing a range of up to 310 km, sufficient for typical urban distribution routes, while still retaining about 20% battery after a full day of operation [9]. - The vehicle's energy consumption is as low as 33 kWh per 100 km, translating to a cost of approximately 0.3 yuan per kilometer, which can save around 25,000 yuan annually compared to traditional fuel vehicles [9]. - The inclusion of a regenerative braking system enhances energy efficiency, allowing the vehicle to recover energy during frequent stops typical in urban environments, further improving its operational range [9]. Group 4: Overall Value Proposition - The Jiangling E-Luda is positioned as a reliable and efficient partner for logistics operators, addressing key pain points in urban distribution with its durable design, high load capacity, and low operating costs, making it a valuable asset for those seeking to enhance profitability in the logistics sector [11].

Core Viewpoint - The commercial vehicle industry is undergoing a transformation driven by the dual pressures of cost reduction and efficiency enhancement, with the introduction of the Zero One electric drive axle heavy truck potentially sparking a new wave of change in the market [1]. Group 1: Market Trends - In October 2025, domestic sales of new energy heavy trucks are projected to reach 20,100 units, a year-on-year increase of 144%. From January to October, cumulative sales reached 157,900 units, reflecting a growth of 178% [1]. - The sales of new energy heavy trucks are thriving due to the ongoing push towards carbon neutrality and industry transformation [1]. Group 2: Advantages and Challenges - Traditional energy heavy trucks possess advantages such as broader operational scenarios, no concerns about recharging, and higher transportation efficiency, which are challenges for the development of new energy heavy trucks [1]. - The Zero One electric drive axle heavy truck, equipped with the self-developed Matrix 2.0 electric drive axle, is positioned to disrupt the market by overcoming these challenges [1]. Group 3: Technological Advancements - The evolution of electric drive axle technology is expected to break down barriers to the promotion of new energy heavy trucks, enhancing transportation efficiency and reducing overall operating costs [3]. - Electric drive axle trucks integrate the motor, transmission, and reducer directly onto the axle, significantly reducing energy loss and improving system efficiency compared to traditional central drive models [5]. Group 4: Competitive Landscape - The electric drive axle is becoming a mainstream technology in the electric heavy truck sector, with many manufacturers accelerating the integration of this technology into their new energy heavy trucks [7]. - Zero One Automotive has taken a leading position in the industry by being the first to develop and mass-produce electric drive axle technology, achieving significant advancements in this area [8]. Group 5: Product Performance - The new generation of Zero One electric drive axle heavy trucks features a system efficiency of 94%, with the oil-cooled flat wire motor achieving a peak efficiency of 97.12%. The single axle power reaches 530 horsepower, while dual axle power can reach 1,061 horsepower [10]. - The intelligent driving modes and smart shifting technology reduce energy consumption by 5%-8% compared to similar models, while the vehicle's weight has been reduced by 430 kg compared to the previous generation [10]. - The Matrix 2.0 electric drive axle has undergone extensive market validation, demonstrating a core component lifespan of 1.6 million kilometers and a maintenance-free design that enhances reliability and reduces downtime [11]. Group 6: Future Outlook - As the penetration of new energy heavy trucks continues to rise and applications in various segments expand, the industry is shifting from policy-driven to market demand-oriented growth [15]. - The Matrix 2.0 electric drive axle heavy truck is expected to become a superior solution for cost reduction and efficiency enhancement in logistics, leading the industry towards a greener, smarter, and more efficient future [15].

Core Viewpoint - The commercial vehicle industry in China is undergoing a significant wave of personnel changes at the management level, with major companies like Foton, JAC, Dongfeng, and others announcing key appointments and adjustments in leadership roles [1]. Group 1: JAC Motors - JAC Motors held its ninth board meeting, where it elected Xiang Xingchu as the chairman and appointed Li Ming as the general manager [2][3][6][9]. - The board also established various committees, including the nomination, compensation and assessment, strategy, and audit committees, with specific members appointed to each [7][8]. Group 2: Foton Motors - Foton Motors announced the nomination of candidates for its tenth board of directors, including the appointment of Chang Rui as a non-independent director [15][16]. Group 3: GAC Group - GAC Group's GAC Lingcheng has undergone a change in legal representative and chairman, with Zheng Heng taking over from Yan Zhuangli [18]. Group 4: Power New Technology - Power New Technology appointed Liu Jiantao as the new general manager following the retirement of Xu Qiuhua [19][20][24]. Group 5: Dongfeng Motors - Dongfeng Motors appointed Liu Wei as the chief accountant and a member of the party committee [26]. Group 6: Beiqi Heavy Truck - Beiqi Heavy Truck announced the appointment of Huo Jialin as the new party secretary [28][29]. Group 7: Jiangling Motors - Jiangling Motors appointed Qu Xiaobing as the new party committee member and discipline inspection secretary [30][31]. Group 8: Yunnei Power - Yunnei Power experienced a board member resignation and the election of Chen Yong as a worker representative director [33][36][37]. Conclusion - The personnel adjustments in November may signal the beginning of a reshaping of the industry landscape, with new leaders expected to drive their companies forward [40].

Core Viewpoint - The article highlights the recognition of SAIC Yuejin's H500 Daka model, which won the "2025 Annual Energy-Saving Award for City Distribution Logistics Light Trucks" due to its superior product quality and performance in the commercial vehicle sector [1][9]. Group 1: Industry Overview - The "2025 Annual Evaluation of Commercial Vehicles" aims to assess the technological innovation and market performance of domestic commercial vehicle companies, promoting the sustainable development of the industry [3]. - A significant challenge faced by truck drivers is the high workload, with 84% working over 8 hours daily and 40% exceeding 12 hours, leading to issues such as high operating costs and inadequate vehicle comfort [4]. Group 2: Product Features and Benefits - The H500 Daka model is designed to address user pain points, offering high cost-effectiveness and tailored solutions for truck drivers, including improved product quality and comfort [7]. - The H500 Daka features the πPlus engine, which incorporates advanced technologies that result in strong power, low fuel consumption, and extended maintenance intervals, achieving a fuel consumption reduction of 6.8% compared to competitors [9]. - The vehicle's structural enhancements, such as high-strength steel and a lightweight transmission, increase its payload capacity and reduce maintenance costs, potentially saving drivers 20,000 yuan in operational costs over five years [11]. - Safety and comfort features include dual airbags, LED headlights, adaptive shock-absorbing seats, and a large touchscreen, all contributing to a safer and more comfortable driving experience [11]. Group 3: Future Implications - The award received by SAIC Yuejin for the H500 Daka not only validates its market position but also serves as a motivation for the company to continue its focus on economic, efficient, comfortable, and safe vehicle development [11].

Company Overview - ST Yundong (SZ 000903) announced the convening of its seventh board meeting on November 27, 2025, to discuss the election of new members for the audit and nomination committees [1] - As of the latest report, ST Yundong has a market capitalization of 5.6 billion yuan [1] Revenue Composition - For the first half of 2025, ST Yundong's revenue composition is as follows: the engine industry accounts for 95.47%, other businesses for 3.15%, and the electronics industry for 1.38% [1]

股票简称：ST 云动 股票代码：000903 编号：2025—061 号 昆明云内动力股份有限公司 关于非独立董事辞职暨选举职工代表董事、 补选审计委员会及提名委员会委员的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 一、非独立董事辞职情况 昆明云内动力股份有限公司（以下简称"公司"）董事会于近日收到非独立 董事王洪亮先生的书面辞职报告，因公司治理结构调整，王洪亮先生申请辞去公 司第七届董事会非独立董事职务，同时一并辞去董事会审计委员会及提名委员会 委员职务（王洪亮先生的原定任期至第七届董事会任期届满为止）。辞职后，王 洪亮先生将不再担任公司及其控股子公司任何职务。截至本公告披露日，王洪亮 先生未持有公司股份，亦不存在应履行而未履行完毕的承诺。 根据《公司法》《公司章程》等相关规定，王洪亮先生的辞职将导致公司董 事会成员人数低于法定人数，为保障董事会的正常运行，在公司职工代表大会选 举产生新任职工代表董事之前，王洪亮先生将继续履行其董事相关职责，王洪亮 先生的辞职不会影响公司正常的生产经营。 王洪亮先生将会按照公司相关规定做好离职交接工作，公司及公司董 ...

股票简称：ST 云动 股票代码：000903 编号：2025—060 号 昆明云内动力股份有限公司 第七届董事会第十五次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 一、董事会会议召开情况 昆明云内动力股份有限公司（以下简称"公司"）第七届董事会第十五次会 议于 2025 年 11 月 27 日在公司办公大楼九楼会议室召开。本次董事会会议通知 于 2025 年 11 月 26 日分别以电子邮件、书面送达方式通知各位董事。本次会议 应到董事 7 人，实际参会董事 7 人，会议由董事长杨波先生主持，公司部分高级 管理人员列席了会议。参加会议的董事符合法定人数，董事会的召集、召开及表 决程序符合有关法规及《公司章程》的规定。 二、董事会会议审议情况 审议通过了《关于补选第七届董事会审计委员会及提名委员会委员的议案》 表决结果：本议案7票表决，7票同意、0票反对、0票弃权。 鉴于王洪亮先生因公司治理结构调整申请辞去公司董事、审计委员会及提名 委员会委员职务，根据《公司法》《公司章程》《审计委员会实施细则》《提名委 员会实施制度》的规定，为保障审计委员会 ...