（文章来源：证券日报） 证券日报网讯苏常柴A11月25日在互动平台回答投资者提问时表示，截至2025年11月20日，公司AB股 股东总人数为45，814户。 ...

Core Viewpoint - The article highlights the significant advancements and market strategies of Kangshuo Group in the internal combustion engine and power equipment industry, emphasizing its focus on low-carbon, electrification, and intelligent manufacturing solutions [1][3]. Group 1: Company Overview - Kangshuo Group, established in 2010, is recognized as a national high-tech enterprise and a "little giant" specializing in key components, leading the domestic market in intelligent manufacturing [1]. - The company has built long-term partnerships with major commercial vehicle manufacturers and engine factories, focusing on reliability and customer trust [3]. Group 2: Market Strategy - Kangshuo has adopted a strategy of producing, reserving, and developing products to meet the dynamic demands of the commercial vehicle market, ensuring value for customers [3]. - The company provides comprehensive support during product development, leveraging advanced sand mold 3D printing technology to assist clients in adapting to engine technology changes [3]. Group 3: International Expansion - Since 2021, Kangshuo has expanded into overseas markets, achieving notable success in sand printing services and casting supply [5]. - The company has established a service network across multiple regions, including Europe, South America, Southeast Asia, the Middle East, and Russia, enhancing its international presence [5]. Group 4: Technological Innovation - Kangshuo's sand mold 3D printing technology significantly reduces mold production time from two to three weeks to just six hours, improving efficiency and lowering costs [10]. - This technology supports the production of components for hydrogen internal combustion engines, meeting the industry's need for high-density cooling channels and other complex structures [10]. Group 5: Competitive Advantage - The company's integrated manufacturing process covers all stages from mold development to inspection, providing high-quality components efficiently [7][12]. - Kangshuo's one-stop service model allows clients to submit designs and receive complete production services, reducing project timelines by 20%-30% compared to competitors [13]. Group 6: Future Outlook - Kangshuo aims to continue its role as an innovative market leader, contributing to the global power equipment industry's development through advanced technology and high-quality products [14].

证券日报网讯 苏常柴A11月17日在互动平台回答投资者提问时表示，截至2025年11月10日公司A、B股 股东总人数为47，121户。 ...

11月 11 日，中国内燃机工业协会第八次全国会员代表大会在南京举行。来自全国内燃机行业的 600余名同仁、领导、专家齐聚一堂，共同擘画行业发展新蓝图。本次大会不仅完成了协会换届选举的 重要使命，还同步围绕 "绿色、智能、协同、创新" 主题召开 2025 内燃机产业发展大会，为行业高质量 发展注入新动能。 中国内燃机工业协会第七届理事会常务副会长邢敏指出，当前正值全行业深入学习贯彻党的二十大 及历次全会精神、"十四五" 规划圆满收官与 "十五五" 规划谋篇布局的关键时期，内燃机产业作为国民 经济的重要支撑，亟需通过协同创新破解发展难题。本次大会的召开，既是协会换届的重要节点，更是 行业凝聚共识、共商绿色智能发展路径的关键契机。 大会闭幕后，张文宏对第八届理事会新任负责人进行集体任职谈话，为协会后续工作开展奠定了坚 实基础。 伟（浙江合达）等207人当选为理事；连刚当选中国内燃机工业协会第二届监事会监事长，陆阳、孙国 友、张士志、王晓东当选第二届监事会监事。 沈彬、彭德平、迟海涛、计维斌（兼）、窦全礼（兼）为中内协第八届理事会副秘书长；会上审议 并通过邢敏担任中内协第八届理事会名誉会长，贾滨担任中内协第八届理事 ...

Core Insights - The internal combustion engine (ICE) industry in China has shown stable development during the "14th Five-Year Plan" period, with continuous growth in import and export trade, leading to improved quality, efficiency, and competitiveness [1] - The 2025 Internal Combustion Engine Industry Development Conference was held in Nanjing, focusing on themes of "green, intelligent, innovative, and collaborative" [1] Group 1: Industry Contributions and Challenges - The ICE industry has made significant contributions to energy conservation and emission reduction, but faces challenges in pollutant emissions that require strengthened standards, regulatory oversight, and institutional support [3] - The China Internal Combustion Engine Industry Association aims to maintain industry order and foster an environment conducive to innovation and development [3] Group 2: Market Trends and Innovations - Reports presented at the conference highlighted the synergy between internal combustion engines and electric motors, with hybrid and range-extended vehicles emerging as new growth drivers for the automotive sector [3] - The future of ICEs remains strong, driven by technological innovation and market demand, despite the rise of electric vehicles [3] Group 3: Fuel Quality and Environmental Standards - The fuel products are continuously upgraded to meet evolving emission regulations, with a focus on quality standards and green transformation to support the ICE industry's transition [4] - The reports discussed advancements in zero-carbon and low-carbon fuel technologies, which are essential for enhancing ICE performance and facilitating industrialization [4] Group 4: Corporate Innovations and Solutions - Companies like Weichai Power and Yuchai Machinery are focusing on low-carbon and zero-carbon fuel research, with significant advancements in hydrogen and methanol engines [5] - Changan Automobile is concentrating on high-efficiency, clean ICEs and integrated powertrain systems, aiming to enhance efficiency and promote electrification and intelligence in power systems [5] Group 5: Future Outlook - The "15th Five-Year Plan" will be a critical period for achieving modernization and industrial transformation in China, with a focus on high-quality development and the transition of the ICE industry towards low-carbon, intelligent, and green solutions [7] - The ICE industry is expected to play a vital role in achieving national goals for carbon peak and carbon neutrality, driving sustainable development [7]

Core Viewpoint - The 2025 International Internal Combustion Engine and Power Equipment Expo showcased innovations in the internal combustion engine and power systems, focusing on low-carbon, electrification, and intelligent directions, highlighting the diverse and integrated innovation landscape of the power industry [1]. Group 1: Weichai Power - Weichai exhibited 9 engine models, including the WP16NG-4.0 gas engine, which boasts a displacement of 15.7 liters, rated power of 750 horsepower, and peak torque of 3400 Nm [3][5]. - The WP16NG-4.0 gas engine features a 6% reduction in fuel consumption compared to diesel vehicles, potentially saving customers 150,000 yuan annually [5]. - The WP2H lightweight diesel engine, designed for light commercial vehicles, has a displacement of 1.994 liters, maximum power of 190 horsepower, and maximum torque of 420 Nm, offering excellent fuel efficiency [7]. Group 2: Jiefang Power - Jiefang Power showcased 7 products, including the CA4DT2-E68 series diesel engine and CA6SM6-E6N series natural gas engine, emphasizing a strong lineup in both diesel and natural gas categories [9][11]. - The CA6SM6 natural gas engine delivers a maximum power of 506 horsepower and a maximum torque of 2400 Nm, featuring a B10 lifespan of 1.5 million kilometers [11]. - The CA4DT2 diesel engine, with a displacement of 2.44 liters, offers high power and reliability, meeting blue card light truck specifications with a maximum power of 180 horsepower and torque of 500 Nm [13]. Group 3: Yuchai Machinery - Yuchai presented 8 key products, including the YCK05H hydrogen fuel engine and YCK16 diesel engine, showcasing a diverse technological approach [14][15]. - The YCK05H hydrogen fuel engine addresses industry challenges such as backfire and knocking, achieving zero carbon emissions while reducing manufacturing costs by 70% and operating costs by 50% [17]. - The YCK16 diesel engine, designed for mining applications, outputs a maximum of 775 horsepower and 3200 Nm of torque, suitable for heavy-duty machinery [19]. Group 4: QuanChai Power - QuanChai Power exhibited the most products at the expo, showcasing 11 complete machines and several components, including the Q25A engine with a power range of 110-116 kW and a maximum torque of 450 Nm [21][23]. - The F28T gas engine, primarily used in 4.5-ton light trucks, features a torque range of 230-450 Nm, highlighting its versatility in the market [25]. Group 5: Yunnei Power - Yunnei Power displayed 5 products, including the D25-180 diesel engine, which has a rated power of 132 kW and a maximum torque of 500 Nm, outperforming competitors in fuel efficiency [27][29]. - The G20TNFR gas range extender offers a maximum output of 140 horsepower and a torque of 350 Nm, integrating innovative technologies to enhance performance [31]. Group 6: Other Companies - Other participating internal combustion engine manufacturers showcased their recent developments in engines and components, indicating a comprehensive enhancement in product offerings for the commercial vehicle market [40].

展会同期召开小型动力设备分会、活塞运动组件分会、轴瓦分会、测试技术与设备分会、电机电器 分会、进排气机构分会等相关工作会议。 为充分体现内燃机行业助力"碳达峰、碳中和"目标实现的决心和落实的实力，由中国内燃机工业协 会主办的2025内燃机产业发展大会、2025国际内燃机及动力装备博览会将于11月11日在南京召开。 此外展会还将集中展示行业向低碳化、零碳化转型的最新成果和技术应用，不仅为企业搭建了学 习、交流、洽谈、展示、采购的一站式优质服务平台，更是以前瞻性引领动力装备产业加速向高质量发 展跃迁，助力内燃机行业高质量发展。 据介绍，该展会自1994年首届举办至今，已经成功举办二十多届，不仅全面展示了中国内燃机工业 各阶段光辉历程和先进技术，同时与时俱进，重磅加入新能源动力，覆盖整个动力产业链。 值得一提的是，中国内燃机工业协会第八次全国会员伐表大会暨八届一次理事会也将在南京举行。 中国内燃机工业协会第八次全国会员代表大会将审议《中国内燃机工业协会第七届理事会工作报告》、 《中国内燃机工业协会第七届理事会财务收支报告》、《中国内燃机工业协会第一届监事会工作报告》 以及《中国内燃机工业协会章程》修订案，审议《第八 ...

Group 1 - The core point of the article is that Suchang Chai A held its eighth temporary board meeting on November 5, 2025, to discuss the establishment of a joint equity investment fund with Changzhou Investment Group Co., Ltd [1] - For the first half of 2025, Suchang Chai A's revenue composition was 98.51% from the internal combustion engine industry and 1.49% from other businesses [1] - As of the report date, Suchang Chai A has a market capitalization of 4.1 billion yuan [1]

Group 1 - The company Suchang Chai A reported that as of October 10, 2025, the total number of shareholders for its A and B shares is 47,367 [1]

Group 1 - On October 10, Weichai Heavy Machinery conducted a block trade of 80,000 shares, with a transaction amount of 2.4944 million yuan, accounting for 0.36% of the total transaction amount for the day [1] - The transaction price was 31.18 yuan, which remained stable compared to the market closing price of 31.18 yuan [1][2] - The buyer was Huatai Securities Co., Ltd. (Taizhou Branch) and the seller was CITIC Securities Co., Ltd. (Shanghai Branch) [2]