Core Viewpoint - CIMC Vehicles has shown a significant increase in stock price and trading volume, indicating potential investor interest despite a decline in revenue and net profit year-on-year [1][2]. Financing Summary - On November 5, CIMC Vehicles experienced a financing buy-in of 37.86 million yuan, with a net buy of 9.20 million yuan after repayments [1] - The total financing balance reached 214 million yuan, accounting for 1.51% of the circulating market value, which is below the 10% percentile level over the past year, indicating a low financing level [1] - In terms of securities lending, 300 shares were repaid while 4,500 shares were sold, with a total selling amount of 43,900 yuan, and the lending balance was 333,400 yuan, also below the 20% percentile level over the past year [1] Company Performance - As of September 30, the number of shareholders for CIMC Vehicles was 29,800, a decrease of 16.07% from the previous period, while the average circulating shares per person increased by 19.17% to 48,786 shares [2] - For the period from January to September 2025, CIMC Vehicles reported a revenue of 15.01 billion yuan, a year-on-year decrease of 5.13%, and a net profit attributable to shareholders of 622 million yuan, down 26.23% year-on-year [2] Dividend and Shareholding - CIMC Vehicles has distributed a total of 2.664 billion yuan in dividends since its A-share listing, with 1.655 billion yuan distributed over the past three years [3] - As of September 30, 2025, the sixth largest circulating shareholder, Dazheng Gaoxin Stock A, held 25.06 million shares, a reduction of 5.03 million shares compared to the previous period [3]

AI板块反攻美股收涨 受科技股估值过高的担忧缓解，乐观的企业财报与超预期的经济数据提振市场信心影响，美国股市周三 反弹。截至收盘，道指涨225.86点，涨幅为0.48%，报47311.10点；纳指涨0.65%，报23499.80点，标普 500指数涨0.37%，报6796.29点。 编辑 | 格蕾丝 明星科技股中，特斯拉涨4%，谷歌涨2.4%，Meta涨1.3%，亚马逊涨0.3%，苹果平盘，英伟达跌1.7%。 纳斯达克中国金龙指数涨0.17%，拼多多涨1.8%，京东涨0.6%，网易涨0.5%，阿里巴巴涨0.3%，百度跌 1.3%。 市场概述 美国自动数据处理公司（ADP）发布的全国就业报告显示，10 月私人部门就业人数反弹，新增4.2万 人。尽管如此，劳动力市场仍显现疲软迹象，部分行业持续裁员。 美国供应管理协会（ISM）公布的数据显示，10月ISM服务业PMI指数52.4，实现了八个月以来的最快 扩张，这主要得益于新订单增长的迅速回升。不过企业同时面临裁员压力，且正应对近三年来最高的投 入成本。 目前美国国会陷入僵局，导致当前政府停摆成为美国历史上持续时间最长的一次，这迫使投资者及依赖 数据决策的美联储不得 ...

新京报贝壳财经讯（记者张冰）11月4日晚，比亚迪（002594）王朝网销售事业部总经理路天在2026款夏上市发布 会上表示，比亚迪夏的车主85%都是家庭用户，倾听用户声音、持续与用户共创，王朝网推出2026款夏，将MPV （多用途汽车）从"交通工具"升级为"移动生活空间"。 路天介绍，2026款夏从外观颜色、辅助驾驶、续航油耗、车家互联等方面进行了升级，4款车型限时售价19.68 万-25.98万元。在智能化方面，2026款夏升级了天神之眼B-辅助驾驶激光版，可实现自主上下匝道、变道超车、 下车泊入等功能。针对传统MPV油耗高、续航短等问题，2026款夏纯电续航为218公里，综合续航为1163公里， 百公里亏电油耗降至4.9升。 2026款夏。企业供图 今年1月8日，比亚迪正式推出中大型MPV夏，此款车型是王朝网首款MPV车型，售价为24.98万-30.98万元。此次 2026款夏以更具竞争力的价格推出，意味着比亚迪进一步发力中大型MPV市场。 ...

11月5日，在第八届中国国际进口博览会的聚光灯下，大众汽车集团（中国）官宣一则关乎未来竞争格局的"重磅消息"：其旗下软件公司 CARIAD与中国智驾科技公司地平线联合成立的合资企业酷睿程（CARIZON），将正式在中国自主设计与研发系统级芯片（SoC）。这一举措，标 志着这家跨国汽车巨头在中国的本土化战略，已从生产制造、市场销售，纵深至智能出行最核心的技术研发腹地。 从"合资"到"合智"，大众汽车集团此次的芯片自研之路，并非单打独斗，而是其与本土科技伙伴地平线深度协同的成果。双方成立的合资企业酷睿程， 已成为大众在华智能驾驶研发的核心引擎。这种从传统"合资造车"到前沿"合智造芯"的演变，揭示了大象转身的新范式。 大众汽车集团（中国）董事长兼CEO贝瑞德将这一自研SoC项目的开启，定义为"在中国，为中国"战略加速落地的关键一步。它意味着大众不再满足于 简单的生产本地化，而是决心在中国塑造未来出行的核心技术。CARIAD 首席执行官施沛德指出，这是一次集团在华智驾研发能力的 "重要跃升"——未 来，大众不仅开发自动驾驶软件，更将自主设计兼具高性能与高效率的AI芯片。 据悉，这款专为新一代智能网联汽车打造的SoC芯 ...

Core Viewpoint - The company reported a total of 3.7019 million new energy vehicle sales from January to October, reflecting a year-on-year increase of 13.9%, with October sales showing a decline compared to the previous year but an increase compared to the previous month [1][2] Group 1: Sales Performance - In October, the company achieved a record high of 441,700 new energy passenger vehicle sales, with significant contributions from the Dynasty and Ocean series, as well as the Fangchengbao brand [2] - The sales breakdown for October includes 395,000 units from the Dynasty series, 31,100 units from the Ocean series, 10,100 units from the Tengshi brand, and 700 units from the Yangwang brand, with the Dynasty and Ocean series showing the most growth [2] - Year-to-date sales for new energy passenger vehicles reached 3.6557 million units, up 12.9% year-on-year [1] Group 2: Export Growth - The company’s export sales in October reached 83,900 units, marking a year-on-year increase of 169.0% and a month-on-month increase of 17.8%, indicating a return to growth [3] - Cumulative export sales from January to October totaled 781,000 units, reflecting a year-on-year increase of 137.3% [3] - The company has established a network of over 400 dealers across more than 80 countries and regions to support its export growth [3] Group 3: Future Outlook - The company anticipates continued strong demand in the fourth quarter, driven by the release of popular models and the upcoming launch of new vehicles [3] - Revenue projections for 2025-2027 are set at 898.15 billion, 996.54 billion, and 1,101.29 billion yuan, with expected year-on-year growth rates of 15.6%, 11.0%, and 10.5% respectively [4] - The company expects to achieve net profits of 36.82 billion, 46.28 billion, and 55.02 billion yuan for the same period, with a projected increase in profits in 2026 and 2027 [4]

11月5日 赛力斯 正式在港交所上市。赛力斯总裁在接受采访时称，公司将向全球扩张，将从周边国家开 始，不会一夜之间扩展到所有国家。同时提到并不担心华为与其他汽车公司的合作，他表示，类似的担 忧曾经出现在 特斯拉 进军中国市场时，但事实证明这些担忧是多虑了，因为特斯拉反而推动了整个行 业推出更优质的产品。 ...

Group 1: Automotive Market Overview - In October, the retail sales of passenger cars in China reached 2.387 million units, a year-on-year increase of 6% and a month-on-month increase of 7% [1] - Cumulative retail sales for the year reached 19.395 million units, reflecting a year-on-year growth of 9% [1] - Wholesale sales for October were 2.922 million units, up 7% year-on-year and 4% month-on-month, with cumulative wholesale sales for the year at 23.769 million units, a 12% increase year-on-year [1] Group 2: Company Developments - BYD plans to launch its luxury brand "Yangwang" in the Middle East in early 2026, with subsequent expansions to Europe and the Americas [1] - Xiaopeng Motors announced the launch of three fully self-developed Robotaxi models by 2026, with an SDK opening for global partners to build a Robotaxi ecosystem [1] - Seres successfully completed its H-share global offering, raising approximately HKD 14.016 billion, with shares listed on the Hong Kong Stock Exchange [2] - WM Motor's "Xiao Wei" app has been relaunched, restoring key functionalities for specific vehicle models [3] - Volkswagen Group announced a partnership to develop system-level computing solutions in China, with the first advanced driver assistance system expected to be mass-produced by 2025 [4] - Porsche's CEO revealed that a locally developed in-car entertainment system for the Chinese market will be available in 2026 [5] - BMW Automotive Finance Company underwent a leadership change, with Bo Yishan appointed as chairman [6] - Pony.ai launched its seventh-generation Robotaxi in cities like Guangzhou and Shenzhen [7] - Mercedes-Benz officially launched its all-electric CLA model, with various pricing tiers [9] Group 3: Financial Performance - BMW Group reported a pre-tax profit of €8.056 billion for the first three quarters, a decrease of 9.1% year-on-year, with total revenue of €99.999 billion, down 5.6% [10] - Toyota's second-quarter operating profit was ¥839.55 billion, a decline of 27% year-on-year, while net profit increased by 62% to ¥932.08 billion [10]

哈喽大家好，我是比亚迪王朝网的LV 。 今天给大家分享曾经最畅销的车型之一 ： 秦PLUS DM-i 。 EV 车型除了网约车已经很少 卖 了，所以就不在今天 的 讨论之列。 销量如何?卖得最多的是什么配置和颜色？ 进入10月份，进店量环比提高了30%，销量更是 比9月份 提高了50%以上。目前日均进店量 有8-9 组， 其中 有1组是来看秦PLUS的。 10 月份这车 卖了 9 台， 我只卖了1台 。 从 9月份 起， 提成 增加 到了惊人的300块，分期额外再给 200。为什么说是惊人的300块呢？ 因为 之前最多也就 给过 200，现在没那么畅销，提成倒是上来了， 老板这算盘打得贼响。 在售的 只 有128KM进取型和55KM领先型， 销量五五开， 颜色 基本只有 白色和灰色 。 现车 总共 8 台，在途还有 5 台 。 你要问我其他配置？不好意思，大家都去买秦L了，近期厂家也没有排产 别的配置 。 谁在看这个车？买车用户都是什么样的？ 车主画像 变化很大。 从上班族上下班代步，已经逐渐演变成了老年代步和农村家庭改善型用车了。这里 没有任何说农村不好的意思哈，作者我也是农村的，在职门店是个十八线小县城。 ...

点击图片▲立即订阅 前三季度旅行服务出口同比增超五成 ｜点评｜ 6月《保障中小企业款项支付条例》正式施行，其中明确大型企业从中小企业采购需在60天内付款，并禁止强制接受商业汇票等非现 金支付方式。比亚迪很快表示将跟进，直到现在才有所动作。通过迪链开出"电子欠条"，延长货款支付时间，这笔钱就可以暂时被挪作他用， 提升资金使用效率。并且，迪链的存在模糊了比亚迪的真实负债情况，对财务状况起到了修饰效果。 比亚迪通过迪链将大量供应商与比亚迪高度绑定，一旦比亚迪现金流出现问题，这些供应商的货款都难以收回。供应商自然也知道迪链的风 险，可比亚迪作为大客户，中小供应商议价权不足，为了有更多订单只能捏着鼻子接受。 苹果明年或发布首款低价Mac 11月5日消息，商务部发布数据显示，2025年前三季度，我国服务贸易稳步增长，服务进出口总额59362.2亿元，同比增长7.6%。其中，出口 26015亿元，增长14.4%；进口33347.2亿元，增长2.8%。旅行服务出口呈现高速增长态势，商务部提到，前三季度旅行服务进出口达16372.5亿 元，增长8.8%。其中，出口大幅增长54.4%，进口增长2.7%。 9月24日，商务部联合财 ...

Group 1 - The company reported a total bus sales of 3,040 units in October, a year-on-year decrease of 5.6% and a month-on-month decrease of 36.1% [1] - The cumulative bus sales from January to October reached 37,000 units, representing a year-on-year growth of 5.9% [1] - The company’s production in October was 3,228 units, down 9.3% year-on-year and down 27.4% month-on-month, indicating a strong order backlog [1] Group 2 - The company experienced strong single-unit profitability in Q3, benefiting from robust export demand, with both single-unit revenue and net profit increasing [1] - Q4 is expected to see continued improvement in profitability due to ongoing export deliveries and an optimized export structure, particularly in the European new energy segment [1] - The company has maintained a high dividend payout ratio of 74% since its listing, with a dividend yield of nearly 6%, significantly outperforming the automotive sector and the A-share market [2] Group 3 - Revenue forecasts for the company from 2025 to 2027 are projected at 430.4 billion, 527.4 billion, and 619.4 billion yuan, with net profits of 49.0 billion, 62.3 billion, and 76.3 billion yuan respectively [2] - The company is expected to attract long-term capital allocation due to its stable dividend policy and strong profitability resilience [2]