2025 年 8 月 18 日-8 月 22 日，汽车板块 4.7%，沪深 300 指数 4.2%， 汽车板块跑赢沪深 300 指数 0.5 个百分点。从板块排名来看，汽车行业 上周涨跌幅在申万 31 个板块中位列第 7 位。年初至今汽车板块 21.7%， 在申万 31 个板块中位列第 11 位。 行 业 汽车 2025 年 08 月 24 日 研 究 东风集团股份拟私有化退市 岚图汽车将登陆港 股 投资要点： 本周专题：东风集团股份拟私有化退市 岚图汽车将登陆港股 行 业 定 期 报 告 8 月 22 日晚间，东风集团股份发布公告称，子公司岚图汽车将以 介绍上市方式登陆港股，东风集团股份将同步完成私有化退市。根据 公告，本次交易采用"股权分派+吸收合并"的组合模式，两大核心环 节互为前提、同步推进。在第一环节，东风集团股份将其持有的岚图 汽车 79.67%股权按持股比例向全体股东分派，随后岚图汽车以介绍上 市方式登陆香港联交所；在第二环节，东风汽车集团在境内全资子公 司东风汽车集团（武汉）投资有限公司作为吸并主体，向东风集团股 份的控股股东东风汽车支付股权对价，向其他小股东支付现金对价， 实现对东风集团股份 ...

Group 1 - The core viewpoint of the news highlights the significant stock performance of Wanma Holdings, with a notable increase of 134.38% in share price, outperforming the Hang Seng Index [1] - Wanma Holdings reported a total revenue of 15.06 million yuan for the year ending December 31, 2024, reflecting a year-on-year decrease of 68.79%, while the net profit attributable to shareholders was -13.99 million yuan, showing a year-on-year increase of 75.15% [1] - The company has a gross margin of 32.94% and a low debt-to-asset ratio of 5.28%, indicating a strong financial position despite the revenue decline [1] Group 2 - Wanma Holdings is primarily engaged in the passenger car leather interior and electronic accessories business in Singapore, holding a market share of 16.3% in the leather interior modification sector as of 2016 [2] - The company provides customized leather interiors for passenger car seats and other internal products, as well as electronic accessories divided into two segments: navigation and multimedia accessories, and safety and security accessories [2] - The average price-to-earnings (P/E) ratio for the automotive industry is 16.49 times, with Wanma Holdings having a P/E ratio of -2.86 times, ranking 41st in the industry [1]