日前，位于广州市黄埔区横沙广本路111号的东风本田发动机有限公司（下称"东本发动机"）正式拆除蓝色"东风HONDA"招牌，墙上其他与"东风 HONDA"相关的标志也被拆除，标志着这家成立27年的合资公司正式落幕。据报道，此后该楼将会换上"广汽HONDA"招牌，随着广汽本田收购东本发动 机，未来东本发动机或将更名为"广本发动机"。 9月30日，广汽集团发布公告，同意广汽本田收购东风集团股份持有的东本发动机50%股权，挂牌底价为11.72亿元，资金来源为现金增资。广汽本田完成 股份收购后，东风集团股份将完全退出东本发动机公司，在完成交易后，东本发动机将成为广汽本田全资子公司，持有东本发动机100%的股份。10月30 日，广汽本田和东风汽车集团订立产权交易合同，东风集团股份同意出售东风本田发动机50%股权，代价为人民币11.72亿元。 | 案件名称 | 广汽本田汽车有限公司收购东风本田发动机有限公司股权案 | | --- | --- | | | 广汽本田汽车有限公司("广汽本田")与东风汽车集团股份有限公司("东 | | | 风汽车集团")、本田技研工业株式会社("本田")等签署协议,广汽本 | | 交易概况(限2 ...

| 产品 | 销量 | 上年 | 増減比 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 本月 | | | 本年 | 上年同 | 増減比 | 本月 | 上年 | 増減比 | | | | 同期 | 例 (%) | 累计 | 期累计 | 例 (%) | | 同期 | 例 (%) | | 发动机 | 37356 | 30662 | 21. 83 | 390494 | 322455 | 21. 10 | 38434 | 33505 | 14. 71 | | 变速器 | 17682 | 17397 | 1.64 | 155270 | 94984 | 63. 47 | 20498 | 24419 | -16. 06 | 变速器业务同样呈现累计增长态势。11月变速器销量17682台，较上年同期17397台增长1.64%；本年累计销量155270台，较上年同期94984台大幅增长 63.47%。产量方面，11月变速器产量20498台，较上年同期24419台下降16.06%；本年累计产量169651台，较上年同期12 ...

Group 1: Domestic News - The China Passenger Car Association reported that the subsidy policy encourages mid-to-low-end economic vehicles, leading to a recovery in this segment [2] - The association noted that with the promotion of scrapping and trade-in subsidies, new energy vehicles receive higher subsidies compared to fuel vehicles, benefiting lower-priced models [2] Group 2: Energy Storage and Technology - A semi-solid lithium battery energy storage project in Wuhai, Inner Mongolia, has successfully connected to the grid, marking a significant milestone in China's semi-solid storage technology [3] Group 3: International News - Russia's automotive production has decreased by 12% in the first ten months of the year, with over 677,000 vehicles produced, indicating severe challenges in the automotive sector [4] Group 4: European Union Policies - The European Commission plans to announce measures to reduce reliance on Chinese raw materials, aiming to enhance self-sufficiency in European industry [5] Group 5: Automotive Industry Developments - Tata Motors, Mahindra, and Hyundai have called on the Indian government to remove emission incentives for small cars, arguing that such policies could hinder electric vehicle development [6] - German Chancellor Merz has urged the EU to relax the 2035 ban on fuel vehicles, citing the need for greater flexibility for automakers amid increasing competition from Chinese companies [7] Group 6: Corporate News - Wentech Technology has appealed to the Dutch Supreme Court to regain control over Nexperia, a semiconductor manufacturer, following a government intervention [8] - Xiamen King Long Motor Group announced the resignation of Vice President Wu Wenbin, effective December 1, 2025, due to retirement [10] - SAIC Group's subsidiary plans to establish an investment fund focused on the smart electric vehicle industry, with an initial capital commitment of 1.09 billion yuan [11] - Dong'an Power reported a 21.83% year-on-year increase in engine sales for November, with total sales reaching 390,500 units for the year [12] - Lichung Group signed a technical agreement for the processing of humanoid robot components, focusing on material selection and design [13] - Changhua Group received a development notification from a domestic automaker, with an expected total sales amount of approximately 732 million yuan over the project's lifecycle [14]

证券代码：600178 证券简称：东安动力 公告编号：临 2025-073 哈尔滨东安汽车动力股份有限公司 2025 年 11 月份产销数据快报 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的真实 性、准确性和完整性承担个别及连带责任。 哈尔滨东安汽车动力股份有限公司 2025 年 11 月份发动机及变速器产销数据快报如下： 单位：台 | 产品 | | 上年 | 增减比 | 销量 本年 | 上年同 | 增减比 | 上年 | 增减比 | 产量 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 本月 | | | | | 本月 | | | 本年 | 上年同 | 增减比 | | | | 同期 | 例（%） | 累计 | 期累计 | 例（%） | 同期 | 例（%） | 累计 | 期累计 | 例（%） | | 发动机 | 37356 | 30662 | 21.83 | 390494 | 322455 | 21.10 38434 | 33505 | 14.71 ...

东安动力公告，11月发动机销量37356台，同比增21.83%，产量38434台，同比增14.71%；累计销量 39.05万台，同比增21.10%，累计产量42.08万台，同比增21.37%。变速器11月销量17682台，同比增 1.64%，产量20498台，同比降16.06%；累计销量15.53万台，同比增63.47%，累计产量16.97万台，同比 增34.16%。 ...

Core Viewpoint - Dong'an Power aims to enhance its market presence and product innovation, targeting significant sales and revenue growth by 2027, while focusing on both traditional and new energy markets [1][2] Group 1: Business Goals and Performance - The company has set a target of selling 600,000 units and achieving revenue of 5.2 billion yuan by 2025 [1] - For the first three quarters of 2025, Dong'an Power reported revenue of 3.766 billion yuan, with a net profit attributable to shareholders of -3.2845 million yuan [2] - The company anticipates a revenue growth of approximately 30% in 2025 compared to 2024, driven by new energy customers and increased sales scale [2] Group 2: Market Development and Product Innovation - Dong'an Power has initiated 65 new market projects in 2025, with 16 projects in the new energy sector, marking a 130% year-on-year increase [2] - The company is collaborating with major domestic automakers, including partnerships with Xpeng Motors for the production of the X9 range extender model [2] - Dong'an Power is developing a rotor engine aimed at low-altitude and new energy vehicle applications, with a detailed design plan completed and prototype ignition expected by the end of the year [2] Group 3: Financial Strategy and Funding - To address increased funding needs due to sales scale growth, the company plans to engage in accounts receivable factoring with a financial partner, ensuring fair market rates [2]

Core Insights - The company held an earnings briefing on November 21, 2025, addressing key investor concerns regarding cost reduction, efficiency improvement, new energy strategies, overseas expansion, and third-quarter profit enhancement [1] Group 1: Cost Reduction and Efficiency - The company has established a comprehensive cost reduction system covering the entire value chain from R&D to operations, achieving phase results through technological innovation and enhanced supply chain collaboration [1] - Measures for cost reduction and efficiency are progressing as planned, contributing to improved operational performance [1] Group 2: Competitive Advantages - The company's competitive edge lies in three main areas: a complete independent R&D system from advanced technology to core components, a deep layout in the new energy sector covering the entire industry chain, and a robust marketing service system that has expanded to 100 countries [1] - The company has initiated the establishment of subsidiaries in eight countries, including Uzbekistan and Indonesia, to support its international strategy [1] Group 3: New Energy Strategy - The new energy transition is a focal point for investors, with the company implementing the "15333 strategy" since 2021 to cover the entire supply chain [1] - The company is transitioning from traditional vehicle electrification to differentiated independent components, aiming to enhance competitive advantages through increased resource investment and innovative marketing models [1] Group 4: Third-Quarter Profit Improvement - The increase in third-quarter profits is attributed to rapid sales growth, optimized product structure, and ongoing cost control measures [1] - The company is focusing on enhancing the contribution of key models to overall sales while maintaining strict expense management [1] Group 5: Market Value Management - The company has developed a market value management system to address investor concerns about short-term profits versus strategic investments [1] - It aims to balance scale and efficiency by optimizing product structure, increasing the proportion of high-value models, and expanding overseas markets [1] - The company has distributed approximately 6.29 billion in dividends and plans to continue improving operations and performance to reward investor trust [1]

Core Insights - The company reported significant growth in engine and transmission sales and production for October 2025, indicating a strong performance in the automotive components sector [1][3][4]. Engine Sales and Production - In October 2025, engine sales reached 31,682 units, representing a year-on-year increase of 19.55% [1][3]. - The production of engines for the same month was 34,758 units, showing a year-on-year growth of 32.62% [1][3]. - Cumulatively, engine sales for the year amounted to 353,138 units, up 21.02% compared to the previous year [1][3]. - The total production of engines for the year reached 382,321 units, reflecting a 22.09% increase year-on-year [1][3]. Transmission Sales and Production - In October 2025, transmission sales were recorded at 18,585 units, which is a 31.38% increase from the same month last year [3]. - However, the production of transmissions saw a significant decline, with only 3,083 units produced, marking an 80.25% decrease year-on-year [3]. - Year-to-date transmission sales totaled 137,588 units, a substantial increase of 77.33% compared to the previous year [3]. - The cumulative production of transmissions for the year was 149,153 units, which is a 46.18% increase year-on-year [3].

Core Viewpoint - Dong'an Power (600178.SH) reported a significant increase in engine and transmission sales for October 2025, indicating strong growth in the automotive components sector [1] Sales Performance - Engine sales reached 31,700 units in October 2025, representing a year-on-year growth of 19.55% [1] - Transmission sales totaled 18,600 units in the same period, showing a year-on-year increase of 31.38% [1]

Core Insights - Dong'an Power (600178.SH) reported engine sales of 31,700 units in October 2025, representing a year-on-year increase of 19.55% [1] - The company also reported transmission sales of 18,600 units, showing a year-on-year growth of 31.38% [1] Summary by Category - **Sales Performance** - Engine sales reached 31,700 units, up 19.55% year-on-year [1] - Transmission sales totaled 18,600 units, reflecting a 31.38% year-on-year increase [1]