1月5日，中国工程院院士李骏携溢普科技、益普华安一行到访一汽解放，三方正式签署战 略合作协议。一汽解放董事长、党委书记李胜，党委委员、副总经理兼商用车开发院院长、 党委书记王建宇出席签约仪式。 李胜表示，作为中国汽车工业的开创者与引领者，一汽解放始终致力于成为"中国第一，世 界一流"的绿色智能交通运输解决方案提供者。为此，一汽解放制定了清晰明确的发展方 向，坚定不移打造"科技解放、绿色解放、国际解放"。其中，打造"科技解放"的重中之重 就是掌握关键核心技术，一汽解放拥有超200万辆在线车辆的海量数据以及多元化应用场 景，为近年来一汽解放在智能网联技术方面的持续突破提供了坚实支撑。 李胜指出，一汽解放将坚持贯彻国家"双碳"战略，深化国际化发展布局，以技术创新为核 心驱动力，锚定"科技解放"转型方向，通过智能技术全面赋能解放产品的动力、舒适、安 全等核心性能升级，重塑商用车行业竞争新格局。 2026年是"十五五"开局之年，也是商用车行业技术变革的关键期。一汽解放与李骏院士团 队达成战略合作，将充分整合双方在技术研发、产业化落地等领域的优势资源，加速核心技 术产业化进程，为全球商用车产业转型升级贡献中国智慧与中国方 ...

2025年12月，商用车行业迎来年末人事调整密集期。国内多家商用车企，包括福田汽车、潍 柴动力、中通客车、金龙汽车、江铃汽车等相继公布重要人事变动，涉及董事会换届、高管退 休、岗位更替等多种类型。 福田汽车：新一届领导班子就位 常瑞任董事长！ 12月12日，北汽福田汽车股份有限公司发布2025年第八次临时股东会决议公告，选举产生了 新一届董事会成员。 经审议表决，选举常瑞、武锡斌、吴骥、顾鑫、王学权、王德成为公司第十届董事会董事。张 泉不再担任公司董事。同时，公司五届九次职工代表大会选举蔡恩禹担任公司第十届董事会职 工代表董事，李庆华不再担任职工代表董事。 12月22日，北汽福田汽车股份有限公司发布董事会决议公告。 （一）《关于选举常瑞同志为公司董事长的议案》 决议如下： 选举常瑞同志为北汽福田汽车股份有限公司第十届董事会董事长。 （二）《关于选举董事会各专门委委员的议案》 决议如下： 1、关于选举投资管理委员会成员： （1）选举常瑞董事为投资管理委员会委员； （2）选举武锡斌董事为投资管理委员会委员； （3）选举吴骥董事为投资管理委员会委员； （4）选举王学权董事为投资管理委员会委员； （5）选举叶盛基独立 ...

Core Viewpoint - Jinlong Automobile has shown a positive stock performance recently, with a notable increase in revenue and net profit year-on-year, indicating strong operational growth and investor interest [1][2]. Group 1: Stock Performance - On January 6, Jinlong Automobile's stock rose by 2.15%, reaching 17.58 CNY per share, with a trading volume of 36.95 million CNY and a turnover rate of 0.30%, resulting in a total market capitalization of 12.606 billion CNY [1]. - Year-to-date, the stock price has decreased by 0.90%, but it has increased by 3.17% over the last five trading days, 7.20% over the last twenty days, and 36.81% over the last sixty days [1]. Group 2: Financial Performance - For the period from January to September 2025, Jinlong Automobile achieved an operating revenue of 16.329 billion CNY, representing a year-on-year growth of 13.40% [2]. - The net profit attributable to shareholders for the same period was 247 million CNY, showing a significant year-on-year increase of 223.71% [2]. Group 3: Shareholder and Market Information - As of September 30, 2025, the number of shareholders for Jinlong Automobile was 61,200, a decrease of 5.02% from the previous period, while the average number of circulating shares per person increased by 5.28% to 11,706 shares [2]. - The company has distributed a total of 862 million CNY in dividends since its A-share listing, with 104 million CNY distributed over the last three years [2].

Core Viewpoint - Hanma Technology Group Co., Ltd. has demonstrated significant growth in truck sales and a successful transition to the new energy vehicle sector, with a clear strategic focus on fully electric and clean energy solutions by the end of 2025 [2][3]. Group 1: Sales Performance - The total truck sales for the previous year reached 14,005 units, marking a year-on-year increase of 58.45%, with December sales alone at 1,206 units, up 93.27% [2]. - The electric medium and heavy truck sales reached 11,449 units for the year, reflecting a remarkable growth of 153.46%, while December sales were 1,126 units, up 135.56% [2]. Group 2: Strategic Transition - The company's transition from fuel vehicles to new energy vehicles is not merely a product replacement but involves a comprehensive restructuring of the entire industry chain based on a "methanol-hydrogen + electric" dual technology approach [3]. - Hanma Technology has committed to ceasing the production and sales of traditional fuel vehicles by December 31, 2025, focusing entirely on new energy and clean energy sectors [2]. Group 3: Product Innovation and Market Expansion - The company has developed a complete product matrix, including models like the Xinghan H, Xinghan G, and Yancheng X7, tailored to various transportation needs [3]. - By the end of 2025, the company's new energy medium and heavy trucks will have achieved large-scale operations in 28 provinces and over 100 cities across China, with successful deliveries in Southeast Asia and Central Asia [3]. Group 4: Future Outlook - The development strategy for 2026 is expected to focus on dual drivers of scale expansion and quality improvement, with an enriched product matrix and enhanced operational ecosystem [4]. - Hanma Technology is poised to further strengthen its leading position in the new energy commercial vehicle market, creating long-term value for shareholders and contributing to low-carbon transportation [4].

2025年，商用车市场"内卷"加剧，跟随北汽福田加速领跑的步伐，时代事业部积极应对变革浪潮，以"敢创赢、勇擎红"为共同信念，凝聚成一股不可分割 的"时代"力量。 时代专底业务：全年销量突破2.6万台创历史纪录，并在高空作业车、清障车等高端细分市场实现关键突破。 标志性事件：2025年9月28日，举行时代汽车第680万辆下线仪式活动，全价值链协同发展，续写中国商用车自主创新、生态共赢的精彩华章。 国内营销板块全线擎红，见证市场领先 新能源生态落地：建成全国首家"武汉悦行达新能源生态港"，迈出"生态战略"转型的关键一步，并通过创新构建"购-补能-维保"全场景服务体系，真正实 现客户价值的全方位提升。 领航业务：2025年累计开票7.6万台，其中领航新能源开票8526，增幅达342%，领航新能源轻卡实现到"核心板块"的关键迈进，领航小卡新能源以14%的 占有率成功跻身行业第一梯队，市场竞争力显著增强。 祥菱业务：2025年累计开票11万台；新能源占有率突破20%，超越传统燃油车，成功跻身第一阵营。 瑞沃业务：2025年稳健增长，产品销量1.7万台，同比增长36.6% 。 大订单精准交付：以场景化解决方案诠释"以客户 ...

Group 1 - The commercial vehicle sector increased by 1.07% on January 5, with Yutong Bus leading the gains [1] - The Shanghai Composite Index closed at 4023.42, up 1.38%, while the Shenzhen Component Index closed at 13828.63, up 2.24% [1] - Key stocks in the commercial vehicle sector showed varied performance, with notable increases in stocks like Zhitong Bus (up 2.57%) and Hanma Technology (up 1.87%) [1] Group 2 - The commercial vehicle sector experienced a net outflow of 225 million yuan from institutional investors, while retail investors saw a net inflow of 158 million yuan [3][4] - Individual stock performances varied, with King Long Automobile seeing a significant net outflow from institutional investors of 38.81 million yuan [4] - The overall trading volume for the commercial vehicle sector was substantial, with Jianghuai Automobile recording a trading volume of 559,600 shares and a transaction value of 2.82 billion yuan [1]

2025年1月5日，依维柯中国发布关于部分车辆保修状态事宜的郑重声明。正文如下: IVECO 关于部分车辆保修状态事宜的郑重声明 尊敬的广大客户及合作伙伴: 近期,我司关注到市场上有关于部分车辆保修状态的咨询。为保障广大客户的合法权益, 避免因信息不对称而引发误解与纠纷，我司在此郑重声明如下: 特此声明! 依维柯(中国)商用 IVECO (China) Commercial Vehicle Sales Co. Ltd 故维柯(中国) 商用车销售有限公司 L4F. No.2 Maji Road, Pudong District, Shanghai, P IVECO · GROUP !! 经我司核实并确认,附件清单中所列的 179 台车辆(以底盘号为准)已超出依维柯中国提 供的底盘质保服务期限。 在此,我们恳请广大客户在购买车辆或进行相关交易时,务必先核查意向车辆的底盘号及 保修状态。车辆质保情况可通过依维柯中国授权的服务网络进行查询。对于任何超出质保期限 的车辆,依维柯中国将不再承担相应的保修责任,任何维修及相关费用均应由车主自行承担。 依维柯中国始终致力于为客户提供透明、准确的信息。如您对车辆保修状态有任何疑 ...

Core Viewpoint - In 2025, Jianghuai Commercial Vehicles achieved significant sales and reputation growth, with a total domestic sales of 115,530 units, marking a year-on-year increase of 9.1% [1][2]. Sales Performance - Domestic cumulative sales reached 115,530 units in 2025, reflecting a 9.1% year-on-year growth [1][2]. - New energy vehicle sales amounted to 21,103 units, showing a remarkable year-on-year increase of 70.4% [1][2]. - International business sales totaled 56,000 units, with Jianghuai ranking as the number one Chinese brand in the mid-to-high-end light truck export market [1][2]. Market Position - Jianghuai's light passenger vehicle products ranked in the top three for Chinese brand exports [1][2]. - The company is positioned to continue its growth trajectory into 2026, aiming to further enhance the reputation of Chinese commercial vehicle brands [4].

Core Viewpoint - In December 2025, the sales of new energy tractors in China reached a record high of 28,600 units, marking a year-on-year increase of 195% and a month-on-month increase of 45% [3][20]. Group 1: Market Performance - The total sales of new energy heavy trucks in December 2025 reached 34,500 units, representing a year-on-year increase of 191% [1]. - The new energy tractor market achieved a monthly sales record with a total of 28,600 units sold in December, which is approximately 2.95 times the sales of December 2024 [3][20]. - The year 2025 saw a cumulative sales figure of 158,300 units for new energy tractors, reflecting a year-on-year growth of 223% [12]. Group 2: Regional Insights - In December 2025, all 30 provincial-level administrative regions in China reported new sales of new energy tractors, with 26 regions adding over 100 units each [4]. - Shanghai led the sales with over 7,000 new energy tractors sold in December, followed by Shanxi with nearly 4,000 units [4][6]. Group 3: Company Performance - In December 2025, 12 companies sold over 100 new energy tractors, with 9 companies exceeding 1,000 units. XCMG topped the list with 4,222 units sold [8][9]. - The top three companies in cumulative sales for 2025 were Jiefang (25,400 units), XCMG (24,900 units), and SANY (22,200 units), all exceeding 20,000 units [12][14]. - The market share of the top five companies in 2025 was over 10%, with Jiefang at 16.0%, XCMG at 15.7%, and SANY at 14.1% [18].

Core Insights - Shandong has officially become the third province in China, and the first in the north, to surpass a GDP of 10 trillion yuan, marking a significant milestone in its economic development [2][4] - The province is focusing on industrial economy as a core support for its growth, implementing a "head project" strategy to enhance new-type industrialization [4][6] Industrial Foundation - Shandong's industrial sector is diverse, comprising 41 major industrial categories and 603 subcategories, with 18 manufacturing categories ranking in the top five nationally [4] - In 2024, the province's industrial added value grew by 8.3%, exceeding the national average by 2.5 percentage points, with revenues from industrial enterprises approaching 12 trillion yuan [4] - The province aims to add approximately 600 billion yuan in industrial output in 2025, continuing its growth trajectory from 2024 [4][9] Innovation and Technology - The proportion of high-tech industry output in Shandong's industrial sector increased from 53.32% in 2024 to 55.2% in the first half of 2025, indicating a shift towards innovation as a primary driver of growth [5] - Shandong has established a robust innovation ecosystem, with the coverage rate of R&D institutions in industrial enterprises rising from 13.3% in 2020 to nearly 40% in 2025 [9] Digital Transformation - The province has achieved over 95% coverage of digital transformation among industrial enterprises, with a deep transformation rate exceeding 47% [12] - Shandong is actively promoting the integration of digital and real economies, leveraging advancements in artificial intelligence and big data to enhance productivity [10][11] Chain Long System - Shandong has implemented a "chain long system" to optimize industrial chains, increasing the number of key industrial chains from 11 to 19, which enhances coordination and resource allocation [7][8] - The province's industrial chain enterprises generated nearly 11 trillion yuan in revenue, accounting for over 90% of the total industrial output [9] Future Outlook - Looking ahead to the 14th Five-Year Plan, Shandong aims to deepen the integration of industrial and digital economies, focusing on high-quality development and the construction of a modern industrial system [14]