2025年6月27日，潍柴动力披露接待调研公告，公司于6月26日接待中金公司、中信资管、国泰基金、旌 安资产4家机构调研。 公告显示，潍柴动力参与本次接待的人员共3人，为李婷婷，刘涵，赵红蕾。调研接待地点为公司科技 大楼会议室。 调研详情如下： 来访者在公司会议室就关注问题与公司进行了交流,交流主要内容包括: 1.公司如何应对行业电动化发展趋势? 受政策支持、成本下降等因素推动,重卡、轻卡、工程机械等行业新能源渗透率逐步提升,未来应用空间 广阔。2024年底,公司首次发布全系列新能源动力电池产品,并推动产能落地。 据了解，来访者与潍柴动力在公司会议室就关注问题展开交流。在行业电动化发展趋势方面，受政策等 推动，相关行业新能源渗透率提升，公司2024年底发布全系列新能源动力电池产品并推动产能落地，借 助集团优势精准开发产品，在多维度取得突破，以提升新能源业务业绩贡献。 据了解，在分红政策上，若考虑2024年度分红派息方案，公司上市以来累计分红近350亿元，一直重视 股东意见并以分红回报。未来会综合多因素，平衡公司发展与股东利益，保持积极稳健分红派息政策。 据了解，关于大缸径发动机及数据中心业务，2025年起公司 ...

当车企选择燃油车、电动车"两手抓"时，石化行业的任务也要从适应电动化转型变为同时适应燃油车、 电动车两方面的发展，这对石化行业提出了新的要求。石化业必须迎头跟上，以满足车企在这两方面的 发展需求。 近期，一些车企巨头的电动化战略突然转向。 随着燃油车的"生命"得以延续，目前石化业围绕燃油车的产业链也就必须维持，这有助于降低石化业的 低碳转型压力。但是，汽车行业如要继续维持燃油车的"生命"，则势必要对燃油车系统进行低碳方面的 研发改造，如提升引擎能量效率、开发低碳燃油等，石化行业也不能仅仅维持目前的产业链系统，在低 碳改造方面还有许多工作有待突破和完善。 6月18日，奥迪首席执行官高德诺宣布放弃2033年全面停售燃油车的目标，这意味着奥迪将推动电动出 行的举措更加务实。就在奥迪方面发声后不久，梅赛德斯-奔驰董事长兼CEO康林松6月20日宣布，公司 将调整2030年电动化战略，不再坚持"在条件允许的市场全面转向纯电销售"的目标，转而采取燃油车与 电动车长期共存的灵活策略。此前，保时捷和大众也计划推迟部分电动化项目。如今，车企们开始转向 更注重市场需求和经济效益的理性发展模式，更加谨慎地评估市场需求、技术发展趋势以 ...

进入2025年以来，受全球经济增长放缓导致需求减少、主机厂转型压力传导、美国关税政策等多重 因素影响，跨国汽车零部件企业正经历新一轮"倒闭潮"。近日，全球汽车零部件巨头马瑞利集团宣布， 为全面重组长期债务，已在美国特拉华州地方法院正式提交破产保护申请。与此同时，德国汽车零部件 供应商施洛特也在破产边缘挣扎。 需求下滑 供应商承压 马瑞利集团申请破产保护令业内略微有些震惊，这家"日意混血"的零部件集团，由原日产旗下零部件供 应商康奈可和原菲亚特克莱斯勒（FCA）旗下的玛涅蒂·马瑞利于2019年合并而成。 据悉，2016年11月，美国私募股权巨头KKR从日产手中收购了康奈可，又于2019年将当时FCA旗下的 意大利零部件供应商马瑞利收入囊中。随后，KKR将康奈可和马瑞利进行合并。由于马瑞利这个名号 在全球比康奈可更响亮，因此，合并后的新集团仍被命名为"马瑞利"。日产以及2021年由FCA和标致雪 铁龙合并诞生的Stellantis集团是马瑞利的核心客户。 事实上，包括施洛特在内，诸多传统零部件企业在向电动化、智能化转型中遭遇严峻挑战。一方面，电 动化转型需要巨额研发投入，但市场需求增速不及预期，通用汽车、福特等主 ...

近日，苏州朗高电机科技股份有限公司（以下简称"朗高科技"）完成新一轮战略融资，本轮融 资由国投招商领投，元禾重元、天凯汇朗、致道资本、创元创投、东吴创投等多家知名投资机 构跟投。此次融资将重点支持公司深化技术创新、加速产能扩张及全球化市场布局，进一步巩 固其在新能源商用车和工程机械驱动电机领域的领军地位。 本轮融资将重点投向三大方向： 1）研发创新：加速新能源汽车、智能工程机械等领域的电驱动系统技术突破； 2）产能提升：建设智能化生产基地，完善电机及控制器核心部件的产业化能力； 3）全球化布局：建立国际化的研发和营销网络，打造具有全球竞争力的技术平台。 随着电池成本持续下探和政策支持力度加大，商用车电动化正迎来爆发式增长。据行业预测， 2025年新能源商用车渗透率将突破20%，带动核心零部件市场超千亿规模。此次战略投资将 助力朗高科技把握历史性发展机遇，推动中国高端装备制造走向全球。 作为国家级专精特新"小巨人"企业、国家级博士后科研工作站，朗高科技自2006年成立以来 始终专注于永磁同步电机及控制技术的研发与产业化。公司构建了覆盖新能源商用车、工程机 械、风力发电、工业节能、现代农机等领域的多元化产品矩阵， ...

奕派科技以"奕派"命名，而非选择以纳米、风神命名，抑或另起新名，这一决策引发了汽车业内的关注及猜想，其中关于东风自主品牌将合并的猜测尤为热 烈。有行业媒体报道称，随着奕派科技的成立，纳米品牌或将纳入旗下管理，而风神品牌则暂时保持独立运营。针对这一品牌整合的消息，上述东风集团人 士回应称："此次成立新公司主要是为了聚焦新能源转型，至于品牌是否整合，目前暂无相关信息可披露。" 近年来，中国汽车行业告别了"规模扩张"的阶段，转而朝着"质量提升"的方向转变。在这一转变过程中，资源整合和战略聚焦对车企的长远发展而言至关重 要。东风集团成立奕派科技，或是为了顺应这一趋势。 在行业内，类似的案例已有多个。今年2月，在极氪和领克完成合并后，新的极氪科技集团宣布成立。按照规划，极氪科技集团将基于"极氪汽车+领克汽 车"的双品牌战略，实行双品牌驱动、强产品线矩阵的组织运作模式，全面整合制造体系、供应链等中后台组织以及海外组织，并通过AI赋能，构建更具竞 争力的一体化强强联合体。 东风集团表示，未来，新公司作为其在自主乘用车领域的重要布局，将依托东风集团的品牌实力、技术积累和产业链布局，推进品牌、渠道持续优化，以用 户为中心，提供 ...

股票简称：伯特利 股票代码：603596 芜湖伯特利汽车安全系统股份有限公司 中国国际金融股份有限公司 （住所：北京市朝阳区建国门外大街 1 号国贸大厦 2 座 27 层及 28 层） 联席主承销商 （住所：中国（上海）自由贸易试验区商城路 618 号） 二〇二五年六月 Bethel Automotive Safety Systems Co.,Ltd. 芜湖伯特利汽车安全系统股份有限公司 向不特定对象发行可转换公司债券募集说明书摘要 声明 （中国（安徽）自由贸易试验区芜湖片区泰山路 19 号） 向不特定对象发行可转换公司债券募集说明书 摘要 保荐机构（主承销商） 中国证监会、上海证券交易所对本次发行所作的任何决定或意见，均不表明其对 申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的 盈利能力、投资价值或者对投资者的收益作出实质性判断或保证。任何与之相反的声 明均属虚假不实陈述。 根据《证券法》的规定，证券依法发行后，发行人经营与收益的变化，由发行人 自行负责。投资者自主判断发行人的投资价值，自主作出投资决策，自行承担证券依 法发行后因发行人经营与收益变化或者证券价格变动引致的投资风险 ...

Core Viewpoint - Audi has retracted its plan to stop selling internal combustion engine vehicles by 2033, opting for a parallel development of fuel, plug-in hybrid, and electric vehicles over the next decade, indicating a shift from its previously aggressive electrification strategy [1][19]. Group 1: Electrification Strategy - Audi's CEO, Markus Duesmann, initially aimed to transform Audi into a fully electric brand by 2033, with a target for zero emissions by 2050 [3]. - The company planned to launch approximately 20 new models by 2025, with over 10 being fully electric [4]. - Despite ambitious plans, Audi's electric vehicle sales have not translated into significant profits, with fuel vehicles still being the primary revenue source [1][16]. Group 2: Market Performance - Audi's global sales from 2020 to 2022 were 1.69 million, 1.68 million, and 1.61 million vehicles, while competitors like BMW and Mercedes maintained sales above 2 million [5]. - In China, Audi's sales have declined from 726,000 in 2021 to 643,000 in 2023 [6]. - For 2024, Audi's global sales are projected to drop by 11.8% to 1.67 million vehicles, with electric models accounting for only 9.8% of total sales [9]. Group 3: Operational Adjustments - Audi has announced plans to cut costs and increase efficiency, including the closure of its Brussels plant and a workforce reduction of 7,500 employees by 2029 [9]. - The company is shifting focus back to fuel vehicles, with new models like the Audi A5, A6, and Q7 set to launch in 2025 and 2026 [16]. - Audi aims to maintain the appeal of fuel vehicles until the end of their product lifecycle while gradually transitioning to electric models [19]. Group 4: Strategic Partnerships and Investments - Audi has established a new brand, AUDI, in collaboration with SAIC to target younger, tech-savvy consumers in China [1]. - The company is investing approximately 35 billion yuan in a new plant in Changchun for electric vehicle production, with an annual capacity of 150,000 units [10]. - Audi's software subsidiary, CARIAD, is expanding its presence in China, establishing a local development team to enhance its software capabilities [12].

Core Viewpoint - General Motors is committed to deepening its presence in China, focusing on its core joint venture business to enhance product competitiveness in the Chinese market [1][3]. Group 1: Sales Performance - In 2023, General Motors experienced a reversal in sales, with the U.S. becoming its largest single market again. Global sales in 2024 are projected to exceed 6 million units, with approximately 2.7 million units sold in the U.S. and around 1.8 million units in China [3]. - The market share and profitability of General Motors in China have improved, with a successful turnaround in the fourth quarter of the previous year after facing losses in the first three quarters [3][4]. Group 2: Strategic Focus - The company is transitioning from a strategy of "in China, for China" to "in China, for the world," indicating a broader global strategy that leverages its operations in China [4][5]. - General Motors aims to enhance its competitiveness globally by fully participating in the Chinese market, which is seen as a core element of its global competitiveness [4]. Group 3: Export and Growth - In 2024, General Motors plans to utilize a differentiated strategy to enhance its export competitiveness, with the Wuling brand expected to export 225,000 units, a 6.4% increase year-on-year, including over 40,000 units of electric vehicles, marking a 72% increase [5]. - The company acknowledges the competitive pressures faced by foreign automakers in China due to geopolitical, trade, and economic factors but remains committed to deepening its engagement in the market [5].

Core Points - Luca de Meo, CEO of Renault Group, announced his resignation after five years to seek new challenges outside the automotive industry [2][6] - His departure introduces uncertainty regarding Renault's future revival efforts, including electric transformation and the restructuring of the Alpine brand [2][7] - Renault Group is in the process of searching for a new CEO, considering both internal promotions and external hires [2][10] Group 1: Background and Achievements - Under de Meo's leadership, Renault Group transitioned from a period of crisis to recovery, restoring a healthy growth foundation and impressive product lineup [3][4] - De Meo was appointed CEO in July 2020 during a time when Renault faced significant challenges, including a €1.41 billion loss in 2019 and a net loss of €8 billion in 2020 [3][4] - He launched the "Renaulution" five-year strategic plan in January 2021, shifting the focus from sales volume to value creation [4][5] Group 2: Financial Performance - Renault Group's financial performance improved significantly, with a net loss reduced to €354 million in 2022 and a net profit of €2.198 billion in 2023 [5] - By the end of 2024, the automotive net financial position reached €7.1 billion, nearly doubling from the previous year, driven by the performance of Renault, Dacia, and Alpine brands [5] Group 3: Future Challenges - De Meo's departure raises concerns about the continuity of Renault's strategic initiatives, particularly in electric vehicle development and partnerships in China [7][9] - The new CEO will face challenges in maintaining the momentum of the "Renaulution" strategy and managing the relationship with Nissan, which has seen improvements under de Meo [8][9] - Potential candidates for the CEO position include internal executive Denis Le Vot and external candidate Carlos Tavares from Stellantis [10][11]

Core Viewpoint - The establishment of R&D centers by multinational automotive companies in China reflects their commitment to the market and the strategic importance of China in the future mobility ecosystem [2][4][11] Group 1: Trends in R&D Center Establishment - Multinational automotive companies are increasingly setting up and expanding R&D centers in China, with significant investments such as the 69 million yuan for the new Mercedes-Benz Shanghai R&D center [3][6] - Companies like BMW and Volkswagen are enhancing their R&D capabilities in China, focusing on technology co-development and supply chain integration [3][6] - The trend indicates a long-term strategy rather than immediate short-term benefits, as companies aim to deepen their integration into the global R&D network [3][6] Group 2: Market Dynamics and Strategic Importance - Despite declining sales in recent years, companies recognize the potential of the Chinese market, which accounts for a significant portion of their global sales [6][8] - The shift towards electric and intelligent vehicles is driving multinational companies to establish robust R&D frameworks in China, leveraging local resources and expertise [6][7] - The competitive landscape is expected to intensify as multinational companies introduce more tailored products for Chinese consumers, thereby raising the bar for local brands [10][11] Group 3: Collaborative Opportunities and Industry Impact - The establishment of R&D centers allows multinational companies to benefit from China's advanced supply chain and talent pool, reducing development cycles by 25% and lowering trial costs by 40% [8] - Collaborations with local firms in battery, chip, and software sectors are anticipated to enhance the overall ecosystem of the Chinese automotive industry [10][11] - The influx of multinational R&D centers is expected to elevate the technical capabilities and talent reserves within China's automotive sector, fostering long-term growth [10][11]