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） 数据来源：中国汽车工业(摩托车)产销快讯，智研咨询整理 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7月江苏新陵摩托车制造有限公司摩托车产量为 610辆，同比增长42.19%，销量为610辆，同比增长42.19%，产销率为100%，无积压库存。 近一年江苏新陵摩托车制造有限公司摩托车产销情况统计图 相关报告：智研咨询发布的《2 ...

格隆汇9月12日丨隆鑫通用(603766.SH)在互动平台表示，公司亦在第一时间关注到墨西哥关税相关新 闻，相关新闻提及"摩托车整车出口到墨西哥将面临从15%关税增加到35%的风险"。公司目前出口到墨 西哥的摩托车均通过零部件方式出口，公司初步估计2025年墨西哥业务占整体营收的比例不及15%。鉴 于摩托车部分核心零部件出口到墨西哥也面临被加征关税的可能，公司将密切关注墨西哥关税改革事件 的最后落地情况和以及可能对公司的影响，同时积极与进口商客户商议相关应对方案。公司目前生产经 营一切正常，各项自主品牌业务保持良好增长。 ...

Summary of Chuanfeng Power Conference Call Company Overview - **Company**: Chuanfeng Power - **Industry**: Motorcycle and All-Terrain Vehicle (ATV/UTV) Manufacturing Key Points Market Position and Growth - Chuanfeng Power consolidates its leading position in the large-displacement motorcycle market, benefiting from a domestic market penetration increase expected to grow 2 to 4 times and a vast overseas market with export potential approximately 10 times that of domestic sales [2][3][4] - Projected sales for 2023 and 2024 are approximately 100,000 and 130,000 units respectively, with continued high growth expected in 2025 [2][3] ATV/UTV Market Performance - The company ranks among the top five in the global ATV/UTV market, holding about 10% market share, with a stable market capacity of 800,000 to 1,000,000 units annually, predominantly in the U.S. [2][5] - New high-end models such as U8, U10 Pro, and C10 SUV are expected to drive long-term growth [2][5] Globalization and Tariff Risk Management - To mitigate tariff risks, Chuanfeng Power has established a global footprint with factories in Hangzhou and Chongqing in China, and overseas facilities in Thailand and Mexico, effectively reducing tariff impacts [2][7][8] Financial Performance - The company anticipates revenue of 1,005 billion yuan in 2024, with over 30% growth in the first half of 2025. Gross margin is maintained at around 30% [2][11] - Projected net profit for 2024 is approximately 1.4 billion yuan, with expectations for 2025 net profit between 1.8 to 1.9 billion yuan [2][11] Electric Vehicle Expansion - Chuanfeng Power is actively expanding into the electric vehicle sector, targeting high-end electric motorcycles and light electric vehicles, with sales expected to reach 500,000 to 600,000 units in 2024 and aiming for over 1 million units in 2025 [4][21] Competitive Landscape - The domestic large-displacement motorcycle market is growing rapidly, with annual growth exceeding 30% from 2020 to 2025, and Chuanfeng's domestic market share is projected to increase from 12% in 2023 to 20% in 2024 and 26% in the first half of 2025 [4][13][14] - In the global motorcycle market, Chuanfeng competes primarily with Japanese and European brands, with a favorable competitive position due to its pricing and performance [15][17] Future Strategies - Chuanfeng Power is shifting towards a high-end development strategy, launching new models based on a new three-cylinder engine platform, which are expected to enhance profitability and market value [27][28] - The company anticipates significant growth in performance, with projected earnings of approximately 1.85 billion yuan in 2025 and close to 2.4 billion yuan in 2026, indicating a positive outlook for investors [29] Additional Insights - The company has a stable family-controlled ownership structure, ensuring long-term stability and development [9][10] - Chuanfeng Power's electric vehicle business contributes significantly to its revenue and profit, with a higher profit margin due to the premium pricing of electric models [22] This summary encapsulates the key insights from the conference call, highlighting Chuanfeng Power's market position, growth strategies, financial performance, and future outlook in the motorcycle and ATV/UTV industry.

Core Viewpoint - Honda Motor has built a robust "fourfold moat" over the past 70 years through technology, product innovation, manufacturing, and branding, leading to its position as the world's largest motorcycle brand with a market share exceeding 30% in 2024 [2][6]. Group 1: Global Journey of Honda Motor - Honda maintains a leading global market share with 18.819 million units sold in 2024, accounting for over 30% of the global market [2][22]. - The motorcycle business is projected to generate an operating profit of 121.25 billion yen in the 2024 fiscal year, with a gross margin of 21.5% [2]. - Key technologies such as four-stroke engines and DCT dual-clutch systems position Honda at the forefront of the industry, with ongoing investments in hydrogen energy and electrification [2][6]. Group 2: Product Dimension - Honda's product matrix includes popular models like the Super Cub, Gold Wing, and CBR series, which have driven significant sales growth and expanded the customer base [3][7]. - The Super Cub series has doubled global sales over the past decade due to its low fuel consumption and high durability [3]. - The current product lineup spans scooters, street bikes, sport bikes, and cruisers, balancing entry-level models with high-end offerings to enhance brand image [3][7]. Group 3: Strategic Dimension - Honda's strategy combines "performance leadership + cost control," allowing for broader international market penetration [3][4]. - The company employs a phased, region-specific strategy to build its global operations, leveraging local labor cost advantages and cultural adaptability [3][4]. - In the U.S., Honda has successfully transformed the rebellious image of motorcycles into a more approachable brand through cultural integration [3][4]. Group 4: Lessons for Domestic Motorcycle Enterprises - Honda's experience highlights the importance of building a "technology moat + product strength + cultural adaptability" for domestic motorcycle companies aiming for global expansion [4][8]. - Domestic companies like Chunfeng Power, Longxin General, and Qianjiang Motorcycle are exploring different paths for globalization, with expectations of exporting over 500,000 mid-to-large displacement motorcycles by 2025, a year-on-year increase of 50.4% [4][8]. - The shift from "manufacturing export" to "system output" is crucial for sustainable globalization [4][8]. Group 5: Investment Recommendations - The overseas mid-to-large displacement motorcycle market presents significant growth potential, with relatively mild competition [4]. - Domestic leaders like Chunfeng Power, Longxin General, and Qianjiang Motorcycle are expected to achieve rapid market share expansion through product strength and global strategies [4].

智通财经APP获悉，民生证券发布研报称，本田摩托的成功路径显示，摩企全球化需同步打造"技术护 城河+产品爆品力+文化适应力"。当前，自主摩企站在转型与突围的关键节点，以春风动力、隆鑫通 用、钱江摩托等为代表的自主摩企通过不同路径探索全球化发展，预计2025年中大排摩托车出口超50万 辆，同比+50.4%，海外份额为9%，自主摩企聚焦中大排产品平台、热门产品模型复利、区域突破策略 与品牌文化叙事，逐步从"制造导出"转向"体系输出"，有望走出可持续的全球化升级路径。 产品维度：经典铸就传奇 本田摩托如何定义工业标杆？ 自成立以来，本田摩托始终站在全球摩托车技术与市场演进的前沿，通过热门车型实现多次增长。 Super Cub系列凭借低油耗与高耐用性，10年内带动公司全球销量翻倍；Gold Wing系列切入大排量长途 巡航市场，提升高端产品利润率；CBR系列开创民用大排量仿赛细分市场，扩大年轻用户群。当前产品 矩阵覆盖踏板、街车、仿赛、巡航等领域，既保持入门车型的销量规模，又以高端车型提升品牌形象。 战略维度：本田摩托的全球化协同，单点突破到系统化战略如何演绎？ "性能领先+成本控制"的组合优势，使得本田摩托有信心将 ...

摩托车行业深度报告 本田百年复盘 自主摩企探径 2025 年 09 月 11 日 ➢ 引言：过去 70 余年，本田摩托一步步构建起技术、产品、制造、品牌的"四 重护城河"，在技术突破与产品创新的连续演进中，不仅改写了全球摩托车产业 格局，也为后来者提供了极具可操作性的战略范式。作为全球销量第一的摩托车 品牌，本田摩托的成功，是工业逻辑、市场节奏与文化适应力深度融合的产物， 观察其崛起过程，是理解摩企全球化路径的一个重要切口。 ➢ Honda Motor 全球征途 技术沉淀、产品布局与市场韧性共振。本田凭借 70+年的技术积累与持续创新，长期保持全球市占率第一，2024 年销量为 1,881.9 万辆，占全球市场逾 30%；2024 财年摩托车业务营业利润 12,125 亿日 元，毛利率 21.5%。在技术维度，本田摩托以四冲程发动机、DCT 双离合等核 心技术引领行业，并率先布局氢能源与电动化平台，推动成本与性能同步优化。 ➢ 产品维度：经典铸就传奇 本田摩托如何定义工业标杆？自成立以来，本田 摩托始终站在全球摩托车技术与市场演进的前沿，通过热门车型实现多次增长。 Super Cub 系列凭借低油耗与高耐用性 ...

数据来源：中国汽车工业(摩托车)产销快讯，智研咨询整理 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7月鹤山国机南联摩托车工业有限公司摩托车产 量为12886辆，同比增长14.88%，销量为12777辆，同比增长14.54%，产销率为99.15%，积压109辆。 近一年鹤山国机南联摩托车工业有限公司摩托车产销情况统计图 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） 相关报 ...

数据来源：中国汽车工业(摩托车)产销快讯，智研咨询整理 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7月江门市华龙摩托车有限公司摩托车产量为 1825辆，同比下降75.07%，销量为3391辆，同比下降66.9%，产销率为185.81%，清仓1566辆。 近一年江门市华龙摩托车有限公司摩托车产销情况统计图 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） 相关报告：智研咨询发 ...

（文章来源：每日经济新闻） 每经AI快讯，Wind数据显示，根据上市公司权益分配方案梳理统计，22只A股今日股权登记。其中，甘 源食品、老板电器、钱江摩托分红力度最大，每10股分别派息5.80元、5.00元、5.00元。转增股本方 面，*ST金科每10股转增10股。 ...

Group 1 - The core viewpoint of the article highlights the significant growth in motorcycle production and sales in China, particularly by Guangdong Xingji Motorcycle Technology Co., Ltd., which reported a production and sales volume of 27,329 units in July 2025, marking a year-on-year increase of 79.74% [1][1][1] - The production and sales rate for Guangdong Xingji Motorcycle Technology Co., Ltd. was 100%, indicating no inventory backlog [1][1][1] Group 2 - The article references a report by Zhiyan Consulting titled "2025-2031 China Motorcycle Industry Market Special Research and Investment Prospects," which provides insights into the motorcycle industry in China [1][1][1] - A list of relevant companies in the motorcycle industry is provided, including Qianjiang Motorcycle, Xinlong Health, Zhenghe Industrial, and others, indicating a diverse market landscape [1][1][1]