数据来源：中国汽车工业(摩托车)产销快讯，智研咨询整理 相关报告：智研咨询发布的《2025-2031年中国摩托车行业市场专项调研及投资前景研究报告》 上市公司：钱江摩托（000913），信隆健康（002105），征和工业（003033），久祺股份（300994）， 林海股份（600099），上海凤凰（600679），中路股份（600818），力帆科技（601777），春风动力 （603129），爱玛科技（603529），隆鑫通用（603766），永安行（603776），新日股份（603787）， 绿通科技（301322），涛涛车业（301345），华洋赛车（834058） 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 根据中国汽车工业(摩托车)产销快讯数据显示：2025年5月浙江天本车业有限公司摩托车产量为5395 辆，同比下降11.16%，销量为5395辆，同比下降11.16%，产销率为100%，无积 ...

知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 数据来源：中国汽车工业(摩托车)产销快讯，智研咨询整理 相关报告：智研咨询发布的《2025-2031年中国摩托车行业市场专项调研及投资前景研究报告》 根据中国汽车工业(摩托车)产销快讯数据显示：2025年5月重庆恒胜集团有限公司摩托车产量为651辆， 同比下降27.42%，销量为651辆，同比下降27.42%，产销率为100%，无积压库存。 上市公司：钱江摩托（000913），信隆健康（002105），征和工业（003033），久祺股份（300994）， 林海股份（600099），上海凤凰（600679），中路股份（600818），力帆科技（601777），春风动力 （603129），爱玛科技（603529），隆鑫通用（603766），永安行（603776），新日股份（603787）， 绿通科技（301322），涛涛车业（301345），华洋赛车（83405 ...

2025年上半年，在宏观经济"总体平稳、稳中有进"的基调下，中国摩托车行业展现出强劲的发展韧性。 中国摩托车商会公布的最新数据显示，1-6月，我国摩托车行业产销双双突破千万大关，达到1061.41万 辆和1061.46万辆，同比分别增长11.83%和11.54%。在全球贸易承压、部分制造业面临价格挑战的背景 下，摩托车行业凭借结构性升级与全球化拓展的双引擎驱动，交出了一份亮眼答卷，成为工业动能转换 的重要样本。 娱乐消费引领内需企稳 中国摩托车商会秘书长张洪波指出，这反映出都市青年已将摩托车从代步工具转变为生活态度载体，大 排量市场的高速增长是消费升级与产业升级共振的必然结果。 东南亚、非洲等新兴市场对中高排量车型及三轮车的需求持续释放，本土化运营成为拓展关键。春风动 力（603129）出口负责人表示，企业正着力加强属地化研发与渠道深耕，以更精准地匹配海外市场需 求。行业集中化态势在全球化进程中同样明显，隆鑫、大长江、广东大冶、宗申等出口前十企业合计出 口量达396.29万辆，占总出口量的61.33%，头部企业主导出口格局。 头部效应与研发驱动效益提升 行业经济效益在2025年上半年显著优化，"强者恒强"的竞 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 603776 | 永安行 | 21.92 | -3.14% | 12.97万 | | 2.90亿 | | 300994 | 久祺股份 | 17.32 | -2.04% | 6.67万 | | = 1.16亿 | | 600818 | 中路股份 | 11.20 | -1.75% | 5.68万 | | 6377.88万 | | 603129 | 春风动力 | 229.68 | -1.30% | 2.24万 | | 5.11亿 | | 834058 | 华洋塞车 | 34.59 | -1.28% | 6665.75 | | 2307.13万 | | 003033 | 征和工业 | 43.72 | -1.02% | 2.96万 | | 1.31亿 | | 600679 | 上海凤凰 | 12.85 | -1.00% | 5.59万 | | 7179.89万 | | 603766 | 隆幸通用 | 12.18 | -0.73% | 23.5 ...

Group 1 - In May 2025, China's motorcycle exports reached 4.03 million units, representing a year-on-year increase of 25.2% [1] - The export value for motorcycles was $1.662 billion, showing a year-on-year growth of 21.5% [1] - The data is sourced from Chinese customs and organized by Zhiyan Consulting [3]

Economic Recovery in Guangzhou - The latest economic data from Guangzhou indicates a positive recovery, with industrial output and real estate investment showing signs of growth after a prolonged downturn [1][3][4] - Guangzhou's economic growth rate reached 3.8% in the first half of the year, an improvement from 3.0% in the first quarter, and surpassing both provincial and national growth rates [1][3] Industrial and Real Estate Performance - The industrial sector in Guangzhou has seen a turnaround, with the city's industrial added value finally achieving positive growth after a year of decline, increasing by 0.7% [9][10] - Real estate development investment in Guangzhou grew by 4.1% in the first half of the year, marking the first positive growth since last year, following a 10.8% decline in the first quarter [1][12] Automotive Industry Insights - The automotive industry in Guangzhou is still recovering, with a year-on-year decline of 5.7% in added value, although this is an improvement from a 6.4% decline in the first quarter [5][9] - Guangzhou Automobile Group reported a total vehicle sales drop of 12.48% in the first half of the year, with specific brands like GAC Honda and GAC Aion experiencing significant declines [7][9] Investment and Infrastructure - Fixed asset investment in Guangzhou increased by 0.8% in the first half of the year, with infrastructure investment growing by 4.2% [13] - The issuance of special bonds has accelerated, supporting various investment projects, including a significant focus on land recovery and infrastructure development [12][13] Consumer Market Dynamics - Retail sales in Guangzhou grew by 5.9% in the first half of the year, outperforming both national and provincial averages, driven by consumption support policies [13][14] - The "old-for-new" consumption subsidy program has significantly boosted sales, contributing to a notable increase in online retail sales [14] Foreign Trade Performance - Guangzhou's import and export trade reached 6050.5 billion yuan in the first half of the year, a 15.5% increase year-on-year, with exports growing by 25.2% [17] - The city has maintained a robust trade performance despite external challenges, contributing significantly to national and provincial trade growth [15][17] Transportation and Logistics - The transportation sector in Guangzhou has shown resilience, with passenger traffic increasing by 0.9% and cargo volume growing by 2.4% in the first half of the year [19] - The upcoming major events, such as the Fifteenth National Games, are expected to further stimulate economic activity in the transportation sector [19] Innovation and R&D - There has been a steady increase in R&D spending among industrial and service enterprises in Guangzhou, indicating a growing focus on innovation [20] - The number of high-tech enterprises in Guangzhou has surpassed 13,500, reflecting a strong emphasis on technological advancement and innovation [20]

证券之星消息，7月29日摩托车及其他板块较上一交易日下跌0.81%，征和工业领跌。当日上证指数报收 于3609.71，上涨0.33%。深证成指报收于11289.41，上涨0.64%。摩托车及其他板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 603776 | 永安行 | 22.63 | 4.24% | 14.36万 | | 3.22亿 | | 301345 | 涛涛车业 | 161.35 | 1.62% | 2.59万 | | 4.18亿 | | 603129 | 春风动力 | 232.71 | 0.80% | 1.61万 | | 3.75亿 | | 000913 | 钱江摩托 | 16.16 | 0.00% | 6.34万 | | 1.02亿 | | 600679 | 上海凤凰 | 12.98 | -0.23% | 6.88万 | | 8901.60万 | | 66000099 | 林海股份 | 11.31 | -0.53% | 3.64万 | | 409 ...

Group 1 - The Central Cyberspace Administration of China has launched a two-month special action starting from July 24 to rectify the dissemination of false information by self-media, focusing on four prominent issues [1] - China Chang'an Automobile Group Co., Ltd. has been established in Chongqing as a new central enterprise, spun off from the former Equipment Group, with 117 subsidiaries. Its main business includes complete vehicles and parts, vehicle sales, financial and logistics services, and motorcycles [2] - The Chinese Center for Disease Control and Prevention has stated that Chikungunya fever will not spread through daily contact [3] Group 2 - As of the midday close, the Shanghai Composite Index fell by 0.08%, the Shenzhen Component Index decreased by 0.04%, while the ChiNext Index rose by 0.92%. The Hang Seng Index dropped by 0.95%, and the Science and Technology Index fell by 1.76% [4]

Investment Rating - The report gives an "Overweight" rating for the motorcycle industry, indicating an expectation for the industry to outperform the overall market [3][11]. Core Insights - The motorcycle industry is experiencing accelerated growth in large-displacement motorcycle exports, with a significant increase in sales both domestically and internationally. The domestic market is expected to benefit from the relaxation of motorcycle bans in various regions [5][3]. - In June 2025, the overall sales of two-wheeled fuel motorcycles reached 1.495 million units, a year-on-year increase of 8.0%. For the first half of 2025, cumulative sales reached 8.338 million units, up 15.2% year-on-year. Notably, large-displacement motorcycles saw a June sales figure of 103,000 units, up 14.3%, and a cumulative total of 502,000 units for the first half, marking a 41.2% increase year-on-year [5][3]. - The report highlights the competitive advantage of domestic motorcycle brands, which have improved product quality and price-performance ratios, allowing them to capture market share from foreign brands. In June 2025, large-displacement motorcycle exports reached 57,000 units, a year-on-year increase of 59.9%, with a cumulative total of 265,000 units for the first half, up 70.1% year-on-year [5][3]. Summary by Sections Export Market - The export of large-displacement motorcycles is gaining momentum, with domestic brands enhancing their competitiveness. In June 2025, the export volume of two-wheeled fuel motorcycles was 1.115 million units, a year-on-year increase of 17.6%, and for the first half, it reached 6.12 million units, up 26.0% year-on-year [5][3]. - Specific companies like Chuanfeng Power and Longxin General are showing strong export growth, with Chuanfeng's June export volume at 11,000 units, up 36.3%, and Longxin's at 8,000 units, up 98.8% [5][3]. Domestic Market - The domestic market is seeing a decline in sales due to increased competition and the impact of relaxed motorcycle bans. In June 2025, domestic sales of two-wheeled fuel motorcycles were 380,000 units, down 12.8% year-on-year, while large-displacement motorcycle sales were 46,000 units, down 15.6% [5][3]. - The report notes that the relaxation of motorcycle bans in various regions is expected to stimulate future demand, with several cities having lifted restrictions since late 2024 [5][3]. Company Valuations - The report provides a valuation table for key companies in the industry, indicating projected net profits and growth rates. For instance, Qianjiang Motorcycle is projected to have a net profit of 828 million yuan in 2025, with a CAGR of 13%, while Chuanfeng Power is expected to reach 1.808 billion yuan with a CAGR of 22% [6][3].

Core Viewpoint - The commercialization of the 4680 cylindrical battery is expected to gain momentum in 2025, with new applications emerging, including electric motorcycles from Ola Electric, which plans to integrate the 4680 cells into its models by 2026 [1][2]. Group 1: Product Development and Specifications - Ola Electric's Roadster series electric motorcycles will utilize the 4680 cylindrical cells, boasting an energy density of 275Wh/kg, a capacity of 9.1kWh, and a range of 502 kilometers [1]. - The 4680 cylindrical cells are primarily used in high-end vehicles from brands like Tesla and BMW, indicating a shift towards premium electric two-wheelers in the Indian market [1]. Group 2: Market Challenges and Dynamics - The 4680 cylindrical cells face production challenges, particularly with the dry electrode technology, which is crucial for achieving energy densities above 300Wh/kg [2]. - The Indian market presents significant challenges for high-end electric motorcycles due to the existing preference for affordable models and the dominance of fuel-powered motorcycles [2]. Group 3: Market Opportunities and Growth - The electric motorcycle market in India and Southeast Asia is projected to see a total sales volume of 1.74 million units in 2024, reflecting a year-on-year growth of 28% and a market penetration rate of 5.1% [3]. - The Indian government's incentives, such as purchase subsidies and tax reductions, are stimulating growth in the electric motorcycle sector, with a projected battery demand of over 3GWh by 2025 [3]. - Chinese battery manufacturers, including Yiwei Lithium Energy and BAK, are exporting cylindrical batteries to Indian electric motorcycle companies, indicating a growing collaboration in the sector [3].