7月8日晚间，继峰股份（603997）发布公告，全资子公司继峰座椅（合肥）有限公司（简称"继峰座椅 （合肥）"）于近期收到某头部主机厂定点邮件，将为后者开发、生产前排座椅总成产品。 根据客户规划，前述定点项目预计从2026年4月开始量产，项目生命周期6年，预计生命周期总金额为13 亿元。 证券时报记者 叶玲珍 今年5月，继峰股份公告继峰座椅（合肥）获某头部主机厂座椅总成项目定点，将为客户开发、生产前 排座椅总成产品，项目预计2025年9月量产，生命周期5年，预计总金额25.2亿元。 公告显示，本次新获定点项目是原客户将其新车型再次定点给公司，体现了客户对公司产品和服务能力 的认可，有利于提高未来年度业务收入，并对未来经营业绩产生积极影响。 面对定点项目的持续放量，继峰股份持续加码产能。2024年，在合肥基地（一期）的基础上，公司乘用 车座椅的常州基地、芜湖基地、福州基地已如期建成并投产，天津基地、宁波基地、长春基地、北京基 地、义乌基地按计划已完成布局并投入建设中，国内产业布局进一步完善。与此同时，公司与格拉默也 在携手积极推进座椅业务全球化布局，在欧洲、东南亚建设乘用车座椅生产基地。 2024年，继峰股份乘 ...

证券研究报告 -163 68 1,076 272 366 公司研究 806.5 % 1. 4% 12.8% 10 % .7 14.6% 18.4 % -4.3% 1. 22.0% 5.3% 6.6% [Table_ReportType] 公司点评报告 % 8% -0.16 0. 07 1.07 0.27 0.37 [Table_StockAndRank] 继峰股份（603997） — 11 2.05 2. 3 投资评级 35.85 69 上次评级 2 证券研究报告 [Table_Author] 邓健全 汽车行业首席分析师 执业编号：S1500525010002 联系电话：13613012393 邮 箱：dengjianquan@cindas.com 赵悦媛 汽车行业联席首席分析师 执业编号：S1500525030001 联系电话：13120151000 邮箱：zhaoyueyuan@cindasc.com 赵启政 汽车行业分析师 执业编号：S1500525030004 邮箱：zhaoqizheng@cindasc.com 徐国铨 汽车行业研究助理 邮 箱：xuguoquan@cindasc.com 信达证券股 ...

Group 1: Policy and Regulatory Developments - The National Development and Reform Commission and other departments issued a notice to optimize the layout of charging facilities, aiming to establish over 100,000 high-power charging stations by the end of 2027 [1][4] - The People's Bank of China announced new measures to enhance financial market connectivity between mainland China and Hong Kong, including improvements to the "Southbound" mechanism of the Bond Connect program [5] Group 2: Corporate Restructuring and Developments - Changan Group has formed a preparatory group for restructuring, with plans to finalize the process in August [2][17] - NIO announced the dissolution of its joint venture with Jianghuai Automobile, emphasizing that this decision will not negatively impact its operations [16] Group 3: Market Trends and Financial Performance - In the automotive sector, production increased by 11% year-on-year in the first five months of 2025, with industry revenue reaching 41.283 billion yuan, a 7% increase [11] - China Pacific Insurance reported 1.947 million claims in the first half of the year, with a total payout of 9.92 billion yuan [10] Group 4: Industry Innovations and Initiatives - Hangzhou is soliciting opinions on measures to support brain-like intelligent future industries, focusing on innovation and project development [6] - The National Development and Reform Commission and other agencies issued a notice to support the construction of zero-carbon parks, encouraging various stakeholders to participate [4]

Core Viewpoint - Jifeng Co., Ltd. has secured a seat assembly project with a total value of 1.3 billion yuan, expected to positively impact future revenue and operational performance [1] Group 1: Project Details - Jifeng's wholly-owned subsidiary, Jifeng Seats (Hefei), received a notification for a seat assembly project from a leading OEM [1] - The project is set to begin mass production in April 2026 and has a lifecycle of 6 years [1] - The total expected revenue from the project over its lifecycle is 1.3 billion yuan [1] Group 2: Financial Impact - The project is not expected to have a significant impact on the company's current year performance [1] - However, it is anticipated to enhance the company's business revenue in future years [1] - The project is expected to have a positive effect on the company's future operational performance [1]

Core Viewpoint - Jifeng Co., Ltd. has secured a seat assembly project from a leading OEM, with a total lifecycle value of 1.3 billion yuan [1] Group 1 - Jifeng's wholly-owned subsidiary, Jifeng Seats (Hefei) Co., Ltd., will develop and produce front seat assembly products for the client [1] - The project is expected to commence mass production in April 2026 and has a lifecycle of 6 years [1] - Although the project is not anticipated to significantly impact the company's current year performance, it is expected to enhance future business revenue and positively affect operational performance [1]

Core Viewpoint - Jifeng Co., Ltd. has secured a seat assembly project with a total value of 2.52 billion yuan, expected to start mass production in September 2025 and last for five years [1] Group 1: Project Details - The project involves the development and production of front seat assembly products for a leading OEM [1] - The total project lifecycle value is estimated at 2.52 billion yuan [1] - Mass production is anticipated to commence in September 2025, with a project lifespan of five years [1] Group 2: Financial Impact - This project is not expected to have a significant impact on the company's performance for the current year [1] - However, it is projected to enhance the company's business revenue for the current year and positively influence operational performance [1]