转自：中国质量报 多家车企1月销量出炉 出口成拉动销量重要因素 □ 本报记者 岳 倩 近日，多家车企陆续披露新年首月销量数据。整体来看，1月车企销量呈现出同比稳健上升、环比回落 的特征，新能源车与燃油车、新势力与传统品牌的市场表现呈现出结构性分化趋势。在国内存量竞争日 趋白热化的背景下，出口成为车企拉动整体销量、对冲国内市场波动的增长极。 据了解，车企往往选择在年底刺激销量，大部分车企2025年12月的销量基数较高。此外，1月为传统汽 车销售淡季，叠加新能源汽车购置税补贴退坡、以旧换新和报废补贴规则修改等政策换挡影响，因此， 大部分车企出现"环比下滑"的趋势符合市场规律。 传统车企的销量数据显示，有燃油车业务板块的车企在一定程度上对冲了风险，1月表现相对稳健；同 时，海外市场已经成为销量的重要增长极。 央国企方面，上汽集团实现整车批售32.7万辆，同比增长23.9%，环比下降约18.03%；海外销售10.5万 辆，同比增长51.7%。广汽集团销售汽车11.66万辆，同比增长18.47%，环比下滑37.79%，海外销量同比 增长68.59%。 民营企业方面，吉利汽车销量为27.02万辆，同比增长1.29%，环比 ...

Core Viewpoint - Zhuhai Lingshun Automobile Sales Service Co., Ltd. has been established with a registered capital of 10 million RMB, fully owned by Shenzhen Shuntongfa Automobile Trading Co., Ltd. [1] Company Information - Company Name: Zhuhai Lingshun Automobile Sales Service Co., Ltd. [1] - Legal Representative: Li Ying [1] - Registered Capital: 10 million RMB [1] - Shareholder: Shenzhen Shuntongfa Automobile Trading Co., Ltd. (100% ownership) [1] - Business Scope: Includes automobile sales, wheel manufacturing, auto parts wholesale, new energy vehicle sales, and various automotive services [1] Industry Classification - National Standard Industry: Manufacturing > Automobile Manufacturing > Complete Automobile Manufacturing [1] - Company Type: Limited Liability Company (wholly owned by a natural person) [1] - Business Address: No. 37, Baiqiao South Road, Baiqiao Town, Doumen District, Zhuhai [1] - Business Duration: From February 4, 2026, with no fixed term [1] - Registration Authority: Doumen District Market Supervision Administration, Zhuhai [1]

Group 1: Economic Growth and Industrial Performance - The industrial added value of Zhengzhou is projected to grow by 9% year-on-year by 2025, with over 70% of industries experiencing growth [1][2] - Among the 38 major industrial categories, 27 are expected to maintain growth, increasing the growth rate by 8.9 percentage points compared to 2024 [2] - Key industries such as electronics and automotive manufacturing are expected to see added value growth of 16.2% and 11.9% respectively, contributing 6.4 percentage points to the overall industrial growth [2] Group 2: Leading Enterprises and Their Contributions - Leading companies like Yutong Bus, Antu Bio, and Super Fusion are driving industrial transformation in Zhengzhou [3] - Yutong Group is expected to sell 63,798 commercial vehicles in 2025, achieving a revenue of 49.38 billion yuan, a year-on-year increase of 11.4% [3] - Yutong's sales of new energy buses are projected to grow by 22.94%, with exports reaching 17,149 units, a 22.49% increase [3][4] Group 3: Research and Development Investments - Antu Bio's R&D investment reached 545 million yuan in the first three quarters of 2025, accounting for 17.42% of its revenue, with over 1,000 medical device registrations [4] - Super Fusion, established in Zhengzhou in 2021, aims for a revenue target of 50 billion yuan in 2025, with rapid growth in its server business [4] Group 4: Systemic Competitiveness and Future Outlook - Zhengzhou's economic total is expected to exceed 1.5 trillion yuan by 2025, reflecting both quantitative and qualitative transformations [5] - The city has become a pilot for comprehensive market-oriented reform, enhancing its development potential [6] - Zhengzhou's talent pool has surpassed 3.2 million, supported by initiatives like the "Zheng Gathering Talent Plan" [6]

乘用车 | 评级: 买入 | | --- | | 维持 | 执业证书编号：S0740523020004 Email：hejy02@zts.com.cn 执业证书编号：S0740525010002 Email：wangyue07@zts.com.cn 分析师：毛䶮玄 执业证书编号：S0740523020003 Email：maoyx@zts.com.cn 分析师：刘欣畅 执业证书编号：S0740522120003 Email：liuxc03@zts.com.cn | | | | 总股本(百万股) | 9,117.20 | | --- | --- | | 流通股本(百万股) | 7,170.64 | | 市价(元) | 87.37 | | 市值(百万元) | 796,569.55 | | 流通市值(百万元) | 626,498.98 | 股价与行业-市场走势对比 1、《比亚迪 2025 年中报点评：》 2025-08-30 评：》2025-08-04 2025-04-26 比亚迪 2026 年 1 月销量点评： 行业政策过渡短期承压，仍需关注后续新车周期及出口 比亚迪（002594.SZ） 证券研究报告/公司点评 ...

本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 重庆长安汽车股份有限公司（以下简称"公司"）基于对公司战略发展前景及内在价值的坚定信心，为积 极维护公司价值及股东权益，优化公司资本结构，增厚每股收益，结合公司当前财务状况及未来经营规 划，目前正在筹划回购公司股份事项，具体情况如下： 一、拟回购股份的种类 公司发行的人民币普通股（A股）股票、境内上市外资股（B股）股票。 二、拟回购股份的用途 登录新浪财经APP 搜索【信披】查看更多考评等级 （二）回购股份的价格：回购价格上限不高于董事会审议通过回购方案决议前30个交易日公司股票交易 均价的150%。 （三）回购股份的资金总额：计划回购资金总额不低于人民币10亿元（含）且不超过人民币20亿元 （含）。其中，计划回购A股不低于人民币7亿元（含）且不超过人民币14亿元（含）；计划回购B股不 低于人民币3亿元（含）且不超过人民币6亿元（含）。 （四）实施期限：自股东会审议通过最终回购股份方案之日起，不超过12个月。 五、风险提示 本次回购股份的用途为减少公司注册资本。 三、资金来源 公司自有资金。 四、拟回购股份的方式 ...

Group 1: Automotive Export Growth - In December 2025, China's automotive exports reached 994,000 units, with a month-on-month increase of 21.4% and a year-on-year increase of 73.2% [1] - The total automotive exports for 2025 are projected to be 8.324 million units, representing a year-on-year growth of 29.9%, with export value reaching $142.46 billion, a 21.4% increase year-on-year [1] - The growth in automotive exports indicates a structural shift from low-cost competition to high-value outputs in technology and branding, benefiting leading companies with strong overseas channels and localized production [1] Group 2: Changan Automobile Share Buyback - Changan Automobile plans to repurchase shares worth between 1 billion to 2 billion yuan, reflecting confidence in its future prospects and intrinsic value [2] - The buyback plan includes a minimum of 700 million yuan and a maximum of 1.4 billion yuan for A-shares, and a minimum of 300 million yuan and a maximum of 600 million yuan for B-shares [2] - This significant buyback initiative aims to improve the company's capital structure and enhance market confidence, highlighting the importance of cash flow and market value management during the transformation period for leading domestic automakers [2] Group 3: New Energy Vehicle Sales Forecast - In January 2026, the estimated wholesale sales of new energy vehicles in China are projected to be 900,000 units, showing a slight year-on-year increase of 1% [3] - Major players like BYD, Geely, and Tesla China reported wholesale sales of 205,518 units, 124,252 units, and 69,129 units respectively [3] - The modest growth in new energy vehicle sales is attributed to factors such as changes in tax policies, pre-holiday demand release, and the seasonal impact of the Spring Festival [3] Group 4: Autonomous Driving Initiatives in Guangdong - The Guangdong provincial government has issued an implementation opinion to accelerate the high-quality construction of a digital society, which includes expanding the operational areas for autonomous public transportation [4] - The policy aims to enhance the testing and demonstration application of intelligent connected vehicles, encouraging digital transportation service platforms to provide integrated smart traffic services [4] - This initiative signifies a shift from "road testing" to "scaled operation" for autonomous vehicles, providing practical scenarios for intelligent vehicle companies and promoting the development of digital transportation platforms in the Guangdong-Hong Kong-Macao Greater Bay Area [4]

规上服务业较快增长，行业增长面总体良好。1-11月，全市规模以上服务业营业收入同比增长10.4%。 分行业看，10个行业门类中，9个营业收入实现增长。其中，交通运输仓储和邮政业、租赁和商务服务 业两大行业营业收入分别增长10.2%、21.8%。全市规模以上现代服务业营业收入增长11.2%，拉动全部 规上服务业增速8.5个百分点。 消费市场平稳增长，线上消费增长较快。全市实现社会消费品零售总额1147.76亿元，比上年增长 4.8%。按经营单位所在地分，城镇消费品零售额增长4.8%；乡村消费品零售额增长5.0%。线上消费带 动作用明显，限额以上单位通过公共网络实现的商品销售额增长14.3%，快于全部限上零售额增速9.5个 百分点。 固定资产投资形势稳定，制造业投资支撑有力。全市固定资产投资比上年增长0.9%。分领域看，基础 设施投资增长5.9%；房地产开发投资下降6.7%；制造业投资增长4.8%，其中汽车制造业投资增长 19.7%。民间投资较快增长，民间投资增长12.0%，占全部投资比重73.2%，占比较去年提升7.2个百分 点。 对外贸易整体稳定，进口保持较快增长。全市实现进出口总额1308.3亿元，比上年增 ...

证券日报网讯 2月4日，长安汽车发布公告称，公司基于对公司战略发展前景及内在价值的坚定信心， 为积极维护公司价值及股东权益，优化公司资本结构，增厚每股收益，结合公司当前财务状况及未来经 营规划，目前正在筹划回购公司股份事项。回购股份的资金总额：计划回购资金总额不低于人民币10亿 元（含）且不超过人民币20亿元（含）。其中，计划回购A股不低于人民币7亿元（含）且不超过人民 币14亿元（含）；计划回购B股不低于人民币3亿元（含）且不超过人民币6亿元（含）。回购股份的方 式：通过深圳证券交易所交易系统以集中竞价交易方式回购股份。实施期限：自股东会审议通过最终回 购股份方案之日起，不超过12个月。 （文章来源：证券日报） ...

英国1月新车总销量同比下降4.6%至133,571辆，特斯拉英国1月新车销量同比下降57.2%，至647辆电动 汽车。 比亚迪英国1月新车销量同比增长20.9%，达1326辆。 ...

证券日报网讯 2月4日，众捷汽车发布公告称，公司于近日收到了由江苏省科学技术厅、江苏省财政 厅、国家税务总局江苏省税务局联合颁发的《高新技术企业证书》（证书编号：GR202532005405）， 发证时间：2025年11月18日，有效期：三年。本次认定系公司原《高新技术企业证书》有效期满后进行 的重新认定。 （文章来源：证券日报） ...