混合动力

Search documents
科力远公布股权激励计划 目标首年扣非净利扭亏
Chang Jiang Shang Bao· 2025-07-28 03:04
扣非净利连续十年亏损下,科力远(600478.SH)推出激励计划以期刺激业绩增长。 2月22日,科力远公布股权激励计划,将推出超1亿元的激励方案,行权的考核目标是首年扣非净利扭 亏,第三年不低于2.6亿元。 科力远主营镍系列电池以及镍产品的产销业务,由于在混动电池、镍氢电池等方面投入建设巨大,固定 摊销较高等因素,扣非净利已连续十年亏损,累计超13.03亿元。去年公司扣非净利润仍预亏1.35亿 元-1.5亿元。在此情况下,科力远设立的大幅盈利目标,令投资者颇感惊讶,23日早盘瞬间冲高涨幅达 4%,不过又立刻跌落。 长江商报记者注意到,此次推出激励计划或与公司新任管理层上任有关。以总经理潘立贤为代表的新一 任管理层在2020年12月22日开始上任,科力远两个月后即推出这一激励方案,公司或将寄希望于新管理 层全力推进丰田混动电池配套战略取得成功。 激励计划目标三年后扣非净利达2.6亿 此次激励计划科力远拟授予的股票期权数量为3862.50万份,约占本激励计划草案公告时公司股本总额 的2.34%。 公告披露时,公司股价为4元每股,授予期权市值1.55亿元。最终公司选择采用自主定价方式,激励计 划行权价格确定为3.0 ...
李开国:内燃机和电动化结合是必然结果,混合动力要加大发展
Zhong Guo Qi Che Bao Wang· 2025-06-05 01:32
Core Insights - The fifth International Forum on Automotive Power Systems was held in Shanghai, focusing on the diverse development paths of global automotive power systems [1] - Li Kaiguo, the supervisor of the China Automotive Engineering Society, presented a keynote report on "Development Path of Automotive Low-Carbon Technology," revealing that the "Energy-saving and New Energy Vehicle Technology Roadmap 3.0" is expected to be officially released in September to October this year [1][5] Industry Development - The Chinese automotive industry is experiencing rapid growth, with production and sales expected to exceed 31 million vehicles in 2024, entering a period of stable growth [3] - The natural gas heavy truck segment is projected to grow significantly, reaching 178,000 units in 2024, aiding the recovery of the sluggish commercial vehicle sector [3] - The energy-saving and carbon reduction levels in the automotive industry are improving, with the average fuel consumption of new fuel vehicles decreasing by 17% compared to 2019 [3] Carbon Reduction Goals - The "Automotive Industry Green and Low-Carbon Development Roadmap 1.0" was released in 2023, setting clear carbon reduction targets for passenger and commercial vehicles by 2040 [4] - By 2040, average carbon emissions for passenger vehicles are to be reduced by 60%, while commercial vehicles aim for a 41% reduction [4] - The roadmap emphasizes the need for a combination of internal combustion engines and electrification to achieve energy consumption reductions [4][5] Technological Pathways - The "Technology Roadmap 3.0" aims to address key technological developments necessary for achieving energy-saving and carbon reduction goals, emphasizing hybridization, low-carbonization, and intelligence [5] - Hybrid vehicles are identified as a crucial technology path for energy savings, with sales expected to increase significantly in 2023-2024 [5] - The roadmap also highlights the importance of improving engine thermal efficiency and expanding the efficient operating range of engines [5][6] Future Energy Sources - The development of low-carbon and zero-carbon internal combustion engines is essential, with a focus on low-carbon fuels to mitigate emissions [6] - By 2040, low-carbon and zero-carbon engines are expected to achieve a maximum thermal efficiency of 52% and a power density of 35 kW/L [6] Vehicle Efficiency Requirements - The "Technology Roadmap 3.0" introduces energy-saving and technical requirements for various vehicle classes, including A0, A, B, C, and D levels [7] - Emphasis is placed on lightweight materials, low resistance, low friction, and intelligent energy management systems to enhance vehicle efficiency [7] - The integration of internal combustion engines and electric motors is seen as a necessary evolution, with hybrid technology being a key focus for passenger vehicles [7]
本田削减30%电动化投资 战略重心转至混动车型
Cai Jing Wang· 2025-05-21 08:28
Core Viewpoint - Honda is shifting its strategic focus from pure electric vehicles to hybrid technology due to a slowdown in the electric vehicle market, reducing its electrification investment from 10 trillion yen to 7 trillion yen, a 30% decrease [1][2]. Group 1: Strategic Adjustments - Honda aims to increase total vehicle sales by over 3.6 million units by 2030, with hybrid vehicle sales targeted to rise by 2.2 million units [1]. - The company plans to launch 13 new hybrid models between 2027 and 2030, adjusting its previous target of having electric vehicles account for 30% of total sales [1][2]. Group 2: Financial Performance - For the fiscal year 2024, Honda reported revenues of 21.69 trillion yen, a 6.2% year-on-year increase, but net profit fell by 24.5% to 835.8 billion yen [5]. - The company anticipates a revenue decline to 20.3 trillion yen in fiscal year 2025, a 6.4% decrease, with operating profit expected to drop by 58.8% to 500 billion yen [5]. Group 3: Market Challenges - Honda's motorcycle business achieved record sales and operating profit, while the automotive sector faced declines, particularly in China and Southeast Asia [5]. - In China, Honda's vehicle sales dropped by 30.94% year-on-year, with a significant 40.8% decline in April 2025 compared to the previous year [5]. Group 4: Cost Reduction Initiatives - Honda is implementing measures to reduce key component costs, including collaborative R&D with suppliers and optimizing production processes [2]. - The next-generation hybrid system's cost is expected to decrease by over 50% compared to the 2018 model and by 30% compared to the 2023 model [2]. Group 5: Partnerships and Collaborations - Honda is deepening collaborations with Chinese tech companies to accelerate its electrification and smart technology transition, including partnerships for advanced driver assistance systems and battery technology [6].
渤海汽车分析师会议-20250520
Dong Jian Yan Bao· 2025-05-20 14:12
1. Reported Industry Investment Rating - No relevant content provided 2. Core View of the Report - The report mainly presents the results of the institutional research on Bohai Automobile, including the company's cooperation products, R & D achievements, financial status, and future development plans [23][24][25] 3. Summary According to the Table of Contents 3.1 Research Basic Situation - The research object is Bohai Automobile, belonging to the automotive parts industry. The reception time was May 20, 2025. The listed company's reception staff included the vice - chairman and general manager Zhao Jicheng, independent director Fan Xiaohua, financial director She Changcheng, and board secretary Yuan Chunhui [16] 3.2 Detailed Research Institutions - The reception object was investors participating in Bohai Automobile's 2024 annual and Q1 2025 performance briefing, and the type was "other" [19] 3.3 Research Institution Proportion - No relevant content provided 3.4 Main Content Data - **Cooperation Products**: The subsidiary Bohai Piston supplies pistons for BAIC BluePark's Xiangjie extended - range version and Scania; the subsidiary Binzhou Lightweight supplies body shock towers and other products for some BAIC BluePark ARCFOX models and shock towers and body longitudinal beams for BAIC BluePark Xiangjie, and supplies hybrid cylinder blocks for enterprises such as Chery, BYD, and BAIC Powertrain [23][24][30] - **R & D Achievements**: In 2024, Bohai Piston focused on the design and R & D of high - end commercial vehicle pistons and marine - electric pistons. The designed explosion pressure of forged steel pistons reached 29 MPa, and the multi - position remelting technology was first applied in engineering. The project "Key Technologies and Industrialization of High - Thermal - Efficiency Engine Pistons" won the second - class prize of the Science and Technology Award of the Chinese Society of Internal Combustion Engines. Binzhou Lightweight successfully developed and mass - produced Xiangjie's longitudinal beams and shock towers and developed hybrid cylinder blocks [25][26] - **Financial Status**: As of the end of March 2025, the total number of shareholders was 38,119. In Q1 2025, the net profit attributable to shareholders of the listed company was 556,800 yuan [26][32] - **Future Plans**: In 2025, the company will focus on the main business and advantageous fields, invest resources in the R & D and product iteration of piston products and lightweight business, control costs, optimize the asset structure, and promote the new - energy transformation of the lightweight business. The company announced a 2025 valuation improvement plan, aiming to enhance the company's investment value through various measures [27][28] - **Project Progress**: The high - end high - power piston project has completed project establishment, equipment bidding, and procurement. Five out of six production lines have been调试 completed, and one is being调试. The German subsidiary BTAH entered bankruptcy proceedings on April 19, 2025, and is no longer included in the company's consolidated statements [30]