二、本次股东大会以现场加网络的形式召开，会议表决采用现场投票加网络 投票相结合的方式，其中现场表决采取记名方式。 三、股东参加股东大会现场会议依法享有发言权、质询权和表决权等权利， 同时也必须履行法定义务，不得扰乱会议秩序和侵犯其他股东合法权益。 湖南天雁机械股份有限公司 2024 年年度股东大会会议资料 证券代码：600698（A 股） 证券简称：湖南天雁（A 股） 湖南天雁机械股份有限公司 二〇二五年五月 湖南天雁机械股份有限公司 2024 年年度股东大会会议资料 会议须知 为了维护全体股东的合法权益，确保股东大会的正常秩序和议事效率，根据 《中华人民共和国公司法》、《上市公司股东大会规则》、《湖南天雁机械股份有限 公司章程》、《股东大会议事规则》等有关规定，特制定本须知。 一、本公司设立大会会务组，具体负责大会有关程序方面的办理。 四、股东要求大会发言，请于会前十五分钟向大会会务组报名，出示持股有 效证明，填写"发言登记表"。在会议召开过程中，股东临时要求发言应提前向大 会会务组报名，并填写"发言登记表"，经大会主持人许可后，予以发言。 五、股东发言应围绕本次会议议题，简明扼要，时间不超过五分钟，大会安 ...

天眼查资料显示，重庆长安汽车股份有限公司，成立于1996年，位于重庆市，是一家以从事汽车制造业 为主的企业。企业注册资本992179.9422万人民币。通过天眼查大数据分析，重庆长安汽车股份有限公 司共对外投资了117家企业，参与招投标项目5000次，财产线索方面有商标信息3108条，专利信息5000 条，此外企业还拥有行政许可964个。 金融界 2025 年 5 月 9 日消息，国家知识产权局信息显示，重庆长安汽车股份有限公司申请一项名为"基 于拓扑关系的目标位置校正方法、装置、车辆及介质"的专利，公开号 CN119941793A，申请日期为 2025 年 1 月。 专利摘要显示，本发明涉及自动驾驶环境感知技术领域，公开了基于拓扑关系的目标位置校正方法、装 置、车辆及介质，方法包括：获取观测目标和跟踪目标，其中，观测目标是指目标车辆的当前道路感知 数据中所包含的至少一个感知目标；跟踪目标是指目标车辆的历史道路感知数据中所包含的至少一个感 知目标；分别构建观测目标对应的观测拓扑矩阵和跟踪目标对应的跟踪拓扑矩阵；分别计算观测拓扑矩 阵对应的第一拓扑关系和跟踪拓扑矩阵对应的第二拓扑关系；基于第一拓扑关系和第二拓扑 ...

Core Viewpoint - SAIC Motor Corporation has shown signs of recovery in Q1 2025, with a significant increase in net profit excluding non-recurring items and a positive trend in vehicle sales [1][4][10]. Financial Performance - Total revenue for Q1 2025 was approximately 140.86 billion yuan, a decrease of 1.55% compared to the same period last year [2]. - Operating income was about 137.68 billion yuan, down 0.94% year-on-year [2]. - Net profit attributable to shareholders was approximately 3.02 billion yuan, an increase of 11.40% from the previous year [2]. - Net profit excluding non-recurring items surged by 34.38% to about 2.85 billion yuan [2][5]. - The net cash flow from operating activities improved significantly, reaching approximately 4 billion yuan, a 187.98% increase [2]. Sales and Market Performance - Vehicle sales in the first four months of 2025 increased by 10.65% year-on-year, with total sales reaching 945,000 units, a rise of 13.3% [1][10]. - The company aims to achieve over 1 million units in sales for its passenger vehicle segment by 2025, targeting a 40% year-on-year growth [17]. Strategic Initiatives - The new leadership under President Jia Jianxu is focused on significant reforms, including the restructuring of the passenger vehicle segment to enhance competitiveness [5][12]. - The collaboration with Huawei on the "Shangjie" brand and the support for the "Zhi Ji" brand are key components of the company's strategy to strengthen its position in the high-end electric vehicle market [16][17]. - The integration of traditional brands and the establishment of a unified management structure for the passenger vehicle segment are seen as critical steps for future growth [12]. Challenges and Outlook - Despite the positive trends, the company faces challenges with the "Zhi Ji" brand, which has struggled to achieve significant market presence compared to competitors [14][17]. - The success of the company's transformation heavily relies on the performance of its autonomous brands and the ability to navigate the competitive landscape effectively [11][17].

Group 1 - The US-UK trade agreement is expected to increase market access by $5 billion [1] - The agreement will generate an additional $6 billion in tariff revenue [1] - UK tariffs on US goods will be reduced to 1.8%, while US tariffs on UK goods will be raised to 10% [1] Group 2 - The UK government has agreed to concessions on imports of US food and agricultural products [1] - In exchange, the US will lower tariffs on UK automotive exports [1]

Group 1: Trade War Overview - The current US-China trade war is an escalation of the 2018 trade conflict, with the US imposing an average import tariff of 134.7% on Chinese goods, with some products facing tariffs as high as 245%[11][15]. - Historically, the US has initiated seven rounds of trade wars, with the 1930 Smoot-Hawley Tariff Act being a significant example that worsened the Great Depression[5][8]. - The trade war has led to increased volatility in global capital markets and a restructuring of the global trade system[7]. Group 2: Economic Impact - The trade war is expected to impact China's GDP growth by approximately 0.9-1.6 percentage points under neutral scenarios, with potential declines of 2.0-2.6 percentage points in pessimistic scenarios[6][26]. - China's exports to the US are heavily reliant on specific sectors, with textiles and light industrial products being particularly vulnerable, where over 50% of certain products are exported to the US[27][28]. - The US trade deficit with China decreased from 2.0% of GDP to 1.0% from 2018 Q3 to 2024 Q3, while the deficit with other countries increased from 2.2% to 3.0%[14]. Group 3: Strategic Responses - China has implemented countermeasures, including reciprocal tariffs and diversifying export markets to reduce reliance on the US, with exports to Vietnam increasing by 1.4% over the past five years[27][28]. - The Chinese government is focusing on expanding domestic demand and technological advancements to mitigate the impact of tariffs, emphasizing investment in high-tech sectors[6][26]. - Long-term strategies include reforming state-owned enterprises and enhancing social security to boost consumer spending and economic resilience[6][26].

1. Report Industry Investment Rating No relevant information provided. 2. Core Viewpoints of the Report - A series of financial policies have been introduced by multiple departments to stabilize the market and expectations, including central bank's reserve requirement ratio cuts, interest rate cuts, and the establishment of special re - loans; financial regulatory agencies' incremental policies for real estate and other fields; and the support for the role of Central Huijin by the CSRC [2][15][16] - The Fed has kept interest rates unchanged, but the uncertainty of the economic outlook has increased, and the risks of rising unemployment and inflation have also risen [3][18] - The stock market has shown different trends, with A - shares rising in the short - term and the Hong Kong stock market having a mixed performance. The CSRC plans to expand institutional opening and support listed company mergers and acquisitions [35] 3. Summaries by Relevant Catalogs 3.1 Macro Data - GDP in Q1 2025 had a year - on - year growth rate of 5.4%, the same as the previous quarter and slightly higher than the same period last year. The manufacturing PMI in April 2025 was 49.0%, down from 50.5% in the previous month [1] - The social financing scale increment in March 2025 was 58894 billion yuan, and the new RMB loans of financial institutions in the same month were 36400 billion yuan [1] 3.2 Commodity Investment Reference - Three departments issued a package of financial policies, including the central bank's ten policy measures, the financial regulatory agency's eight incremental policies, and the CSRC's support for Central Huijin [2] - Many regions have implemented the central bank's policy of lowering the provident fund loan interest rate, and Zhuhai has introduced new real - estate policies [2] - The Fed kept the federal funds rate target range at 4.25% - 4.5% unchanged, and the market still expects three interest rate cuts this year [3] 3.3 Main Variety Highlights Metals - By the end of April 2025, China's foreign exchange reserves reached 3281.7 billion US dollars, an increase of 4.1 billion US dollars from the end of March, and the gold reserves increased for the sixth consecutive month [5] - Goldman Sachs raised its copper price forecasts for Q2 and Q3 2025, and Argentina's silver production is expected to decline year - on - year [5] Coal, Coke, Steel and Minerals - As of late April, the price of coking coal remained flat, while the prices of coke and rebar increased [6][7] Energy and Chemicals - Russia's crude oil production in April was below the OPEC + quota, and the US refined fuel oil inventory reached its lowest level since November 2023 [8] - The US crude oil inventory decreased last week, and the strategic petroleum reserve inventory increased [8] Agricultural Products - Seven departments jointly issued an implementation plan to improve the overall efficiency of the agricultural science and technology innovation system [12] - The price of rice in Japan has risen for 17 consecutive weeks, and the prices of domestic soybean meal, corn, and wheat have reached new highs [12][13] 3.4 Financial News Compilation Open Market - On May 7, the central bank conducted 195.5 billion yuan of 7 - day reverse repurchase operations, and the net withdrawal of funds was 335.3 billion yuan. Starting from May 8, the central bank adjusted the 7 - day reverse repurchase operation rate from 1.5% to 1.4% [14] Important News and Information - The central bank cut the reserve requirement ratio by 0.5 percentage points, lowered policy interest rates, and cut the provident fund loan interest rate by 0.25 percentage points [15][16][17] - The financial regulatory agency will improve the real - estate financing system, and the real - estate market investment value is gradually emerging [16] - The CSRC launched a systematic reform of the public fund industry, aiming to shift from "emphasizing scale" to "emphasizing returns" [20] Bond Market Summary - Treasury bond futures closed down across the board, and the yields of bank - to - bank major interest - rate bonds showed obvious differentiation [27] - The yields of most money market interest rates and various bond - related rates declined [28][29] Foreign Exchange Market Express - The on - shore RMB against the US dollar closed down, and the US dollar index rose. The foreign exchange reserves at the end of April 2025 increased, and gold reserves increased for the sixth consecutive month [31][32] 3.5 Stock Market News - A - shares opened higher but then declined under pressure, with the military industry sector performing strongly. The Hong Kong stock market had a mixed performance, with financial stocks relatively strong [35] - The CSRC plans to expand institutional opening and support listed company mergers and acquisitions. The number of new A - share accounts in April decreased but remained stable [35][36] - Some companies have important events, such as Geely's privatization of Zeekr, and Baidu's performance report shows significant revenue growth [37]

制作日期： 2025/05/08 隔夜夜盘市场走势 1. 国内商品期货夜盘收盘普遍下跌，能源化工品多数下跌，玻璃跌 2.96%，纯 碱跌 2.7%，原油跌 1.52%，PVC 跌 1.37%，乙二醇跌 1.14%，甲醇跌 1.11%，苯 乙烯跌1.04%。黑色系全线下跌，焦煤跌2.57%，焦炭跌2.45%，铁矿石跌1.12%。 农产品多数下跌，豆一跌 1.58%，白糖跌 1.09%。基本金属全线下跌。沪铝跌 1.55%，沪锡跌 0.94%，沪铜跌 0.74%，沪铅跌 0.57%，沪锌跌 0.49%。沪金涨 0.07%，沪银跌 1.15%。 2. 国际贵金属期货普遍收跌，COMEX 黄金期货跌 1.47%报 3372.60 美元/盎司， COMEX 白银期货跌 2.31%报 32.61 美元/盎司。美联储维持利率政策，通胀和经 济前景不确定性加剧市场波动，同时贸易政策的不确定性继续影响避险资产需 求。 地址：北京市朝阳区朝阳门外大街甲6号万通中心D座20层（100020） 总机：010-8535 6666 资讯早间报 本公司具备期货交易咨询业务资格，请务必阅读最后一页免责声明。 地址：北京市朝阳区朝阳门外大街甲 ...

市统计局、国家统计局郑州调查队昨日发布一季度经济运行情况。一季度，全市生产供给稳中有 升、市场需求持续回暖、民生福祉不断增强，经济运行总体延续稳中有进发展态势。根据地区生产总值 统一核算结果，按不变价格计算，一季度全市地区生产总值（GDP）同比增长5.6%。 生产供给稳定增长 一季度，全市农业生产总体平稳，工业生产增势较好，制造业支撑作用显著，服务业平稳增长。 今年以来，全市强化"项目为王"理念，加力扩大有效投资，全市固定资产投资同比增长3.7%，比去 年同期加快2.6个百分点。重大项目投资加快推进。亿元及以上项目（不含房地产开发）完成投资同比 增长15.5%，拉动全市投资增速7.8个百分点。投资活力不断增强。民间投资同比增长13.0%，连续10个 月高于全市投资增速。工业投资高速增长。工业投资同比增长32.3%，高于去年全年25.7个百分点。其 中，制造业投资增长44.4%，工业技改投资增长14.2%。 消费品以旧换新、消费券等促消费政策措施，大力提振消费市场信心，消费韧性不断显现。一季 度，全市社会消费品零售总额1687亿元，同比增长5.7%，比去年同期加快1个百分点。其中，限额以上 单位消费品零售额同比 ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 存货和存货周转天数高企的车企往往面临着较大的经营风险。 近期，13 家上市车企 2024 年年报部分数据出炉，其中存货和存货周转天数这两项关键指标备受关注。这两项指标不仅反映了车企的库存管理水平，更对企 业的经营风险和未来发展有着深远影响。 存货是指企业在日常活动中持有以备出售的产成品或商品、处在生产过程中的在产品、在生产过程或提供劳务过程中耗用的材料和物料等。对于车企而言， 存货包括汽车成品、零部件以及在生产线上的半成品等。存货水平的高低直接关系到企业的资金占用和运营成本。 从存货数据来看，比亚迪以 1160.36 亿元的存货规模位居首位，上汽集团以 772.77 亿元紧随其后，长城汽车、吉利汽车和长安汽车的存货规模也均超过百 亿。而海马汽车的存货规模最小，仅为 4.27 亿元。这表明不同车企的生产规模和市场布局存在较大差异。比亚迪作为新能源汽车领域的领军企业，其较高 的存货规模可能与大规模的生产扩张以及应对市场需求的战略储备有关。而上汽集团作为传统汽车巨头，庞大的产品线和市场份额也导致了较高的存货水 平。 存货周转天数则是指企业从取 ...

Group 1 - The core viewpoint of the news is that Anhui Jianghuai Automobile Group Co., Ltd. has applied for a patent for a method that dynamically compensates for power differences in dual electric drive bridges, which aims to enhance energy recovery, reduce motor losses, and improve battery life and efficiency [1] Group 2 - Anhui Jianghuai Automobile Group Co., Ltd. was established in 1999 and is located in Hefei City, primarily engaged in the automotive manufacturing industry [2] - The company has a registered capital of 218,400.9791 million RMB and has invested in 46 enterprises [2] - The company has participated in 5,000 bidding projects and holds 957 trademark information and 5,000 patent information, along with 663 administrative licenses [2]