Group 1 - The core viewpoint of the news is that Zhongqi Co., Ltd. experienced a stock price increase of 5.1%, reaching 7.21 yuan per share, with a trading volume of 181 million yuan and a turnover rate of 1.95%, resulting in a total market capitalization of 9.545 billion yuan [1] - Zhongqi Co., Ltd. is located in Yancheng, Jiangsu Province, and was established on March 30, 2011, with its listing date on March 8, 2022. The company primarily provides automotive testing services through the construction of automotive testing environments and scenarios [1] - The main business revenue composition of Zhongqi Co., Ltd. includes 95.79% from testing services and 4.21% from leasing and other activities [1] Group 2 - Among the top ten circulating shareholders of Zhongqi Co., Ltd., a fund under Southern Fund holds a position. The Southern CSI 1000 ETF (512100) reduced its holdings by 32,700 shares in the third quarter, now holding 3.6304 million shares, which accounts for 0.27% of the circulating shares [2] - The Southern CSI 1000 ETF (512100) was established on September 29, 2016, with a latest scale of 76.63 billion yuan. Year-to-date returns are 2.1%, ranking 2698 out of 5490 in its category; over the past year, returns are 39.74%, ranking 1718 out of 4193; and since inception, returns are 16.77% [2]

12月23日，中汽股份跌1.89%，成交额1.52亿元。两融数据显示，当日中汽股份获融资买入额1183.14万 元，融资偿还1609.32万元，融资净买入-426.18万元。截至12月23日，中汽股份融资融券余额合计2.55 亿元。 分红方面，中汽股份A股上市后累计派现3.54亿元。近三年，累计派现3.24亿元。 融资方面，中汽股份当日融资买入1183.14万元。当前融资余额2.55亿元，占流通市值的2.85%，融资余 额超过近一年70%分位水平，处于较高位。 机构持仓方面，截止2025年9月30日，中汽股份十大流通股东中，南方中证1000ETF（512100）位居第 四大流通股东，持股363.04万股，相比上期减少3.27万股。华夏中证1000ETF（159845）位居第九大流 通股东，持股215.77万股，相比上期减少4800.00股。香港中央结算有限公司退出十大流通股东之列。 融券方面，中汽股份12月23日融券偿还5300.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00 元；融券余量1.64万股，融券余额11.07万元，超过近一年80%分位水平，处于高位。 责任编辑：小浪快报 资料显示， ...

格隆汇12月3日丨中汽股份(301215.SZ)在投资者互动平台表示，公司目前不涉及军工相关业务。公司主 营业务为通过构建汽车场地试验环境和试验场景，为汽车整车生产企业、汽车检测机构、汽车底盘部件 系统企业以及轮胎企业等客户提供场地试验技术服务。 ...

格隆汇12月3日丨中汽股份(301215.SZ)在投资者互动平台表示，公司目前不涉及军工相关业务。公司主 营业务为通过构建汽车场地试验环境和试验场景，为汽车整车生产企业、汽车检测机构、汽车底盘部件 系统企业以及轮胎企业等客户提供场地试验技术服务。 ...

Core Viewpoint - The company, Zhongqi Co., focuses on providing automotive testing services by creating testing environments and scenarios for various clients in the automotive industry [1] Group 1 - The main business of the company involves constructing automotive testing environments and scenarios [1] - The company serves a diverse clientele, including automotive manufacturers, testing institutions, chassis component system companies, and tire manufacturers [1] - Collaboration details with clients are disclosed through the company's official announcements [1]

Core Viewpoint - The company plans to issue convertible bonds to raise up to 1.039 billion yuan for the construction of an all-season ice and snow testing base for intelligent connected new energy vehicles, aiming to enhance its competitive edge in the cold-weather testing sector [1] Group 1: Company Announcement - On October 17, the company announced its intention to issue convertible bonds totaling no more than 1.039 billion yuan, which will be fully allocated to the construction of the ice and snow testing base [1] - The bonds will have a term of six years from the date of issuance, with the interest rate to be determined based on national policies, market conditions, and the company's specific situation [1] Group 2: Strategic Expansion - The establishment of the new ice and snow testing base represents a strategic move to deepen the company's cold-weather testing capabilities, combining the acquisition of existing assets with new capacity upgrades [1] - The company completed the acquisition of 100% of the equity of the China Automotive Research and Testing Center (Hulunbuir) Co., Ltd. in September 2025, which will be included in its consolidated financial statements [1] Group 3: Financial Performance - The company has experienced revenue and net profit growth in recent years, but the net profit growth rate is expected to slow down starting in 2024, with a projected net profit of 167 million yuan, reflecting only a 1.03% year-on-year increase [3] - As of mid-2025, the company reported cash and cash equivalents of 171 million yuan and trading financial assets of 372 million yuan, with total current assets amounting to 824 million yuan [3] - The company's asset-liability ratio has remained below 18% since 2022, with no interest-bearing debt, indicating strong cash flow [3]

Group 1 - The core viewpoint of the news highlights the recent trading performance and financial metrics of Zhongqi Co., indicating a decline in stock price and significant trading activity in margin financing and securities lending [1][2]. - As of September 25, Zhongqi Co. experienced a stock price drop of 3.07%, with a trading volume of 289 million yuan. The margin financing data shows a net buying of 8.9 million yuan for the day, with a total margin balance of 332 million yuan, representing 3.78% of the circulating market value [1]. - The company reported a revenue of 213 million yuan for the first half of 2025, reflecting a year-on-year growth of 24%, and a net profit attributable to shareholders of 84.99 million yuan, up 15.1% year-on-year [2]. Group 2 - Zhongqi Co. has distributed a total of 304 million yuan in dividends since its A-share listing, with 274 million yuan distributed over the past three years [3]. - As of June 30, 2025, the number of shareholders for Zhongqi Co. reached 41,600, an increase of 53.95%, while the average circulating shares per person decreased by 35.04% to 31,825 shares [2][3]. - Notable institutional holdings include Hong Kong Central Clearing Limited as the fifth-largest shareholder with 5.4 million shares, an increase of 2.23 million shares, and new entries from Southern CSI 1000 ETF and Huaxia CSI 1000 ETF [3].

Core Viewpoint - The company, Zhongqi Co., Ltd. (中汽股份), is engaged in providing automotive testing services and has seen a slight increase in stock price, indicating potential investor interest despite mixed market conditions [1]. Group 1: Company Performance - As of September 17, 2025, Zhongqi Co., Ltd. closed at 6.51 yuan, up 0.77% with a turnover rate of 0.75% and a trading volume of 98,700 shares, amounting to a transaction value of 63.92 million yuan [1]. - The company has been involved in providing testing services for vehicles equipped with the Hongmeng Zhixing intelligent vehicle system, indicating its role in the automotive technology sector [1]. Group 2: Market Dynamics - On September 17, 2025, the main funds experienced a net outflow of 4.02 million yuan, while retail investors saw a net inflow of 3.95 million yuan, suggesting differing investor sentiments [2]. - The company is classified under the professional technical services industry according to the China Securities Regulatory Commission and falls within the automotive comprehensive services sector according to Shenwan classification [1].

Core Viewpoint - The company, Zhongqi Co., provides technical services for automotive testing environments and scenarios, catering to various clients in the automotive industry, including vehicle manufacturers and testing institutions [1] Group 1: Business Operations - The main business of Zhongqi Co. involves constructing automotive testing environments and scenarios [1] - The company offers testing technical services to clients such as automotive manufacturers, testing institutions, chassis component system companies, and tire manufacturers [1] Group 2: Clientele and Technology - Some of the company's clients have vehicles equipped with the HarmonyOS intelligent vehicle system, for which Zhongqi Co. provides corresponding testing technical services [1]

Core Viewpoint - The acquisition of 100% equity in the Extreme Testing Center by the company is a significant strategic milestone, enhancing its core competitiveness and bringing multiple positive impacts on strategic layout, financial performance, and shareholder returns [2][4][6]. Group 1: Strategic Importance of the Acquisition - The Extreme Testing Center is the only national center in China focused on automotive testing in cold environments, which adds a rare qualification to the company, significantly enhancing its technical authority in seasonal and scenario testing services [4][6]. - This acquisition resolves potential industry competition issues and improves the company's governance structure, aligning with the State-owned Assets Supervision and Administration Commission's requirements for central enterprises [4][6]. - The acquisition allows the company to extend its service capabilities to extreme environments, creating a comprehensive testing service system that includes both conventional and extreme conditions, thus expanding its business boundaries [6][7]. Group 2: Financial Implications - The cash acquisition avoids equity dilution, protecting existing shareholders' interests while optimizing capital allocation efficiency [7][8]. - The Extreme Testing Center has shown strong financial performance, with a revenue of 71.34 million yuan and a net profit of 15.27 million yuan in the first four months of 2025, indicating a return on equity (ROE) of 15.08% [8][9]. - The integration of the Extreme Testing Center is expected to enhance the company's key financial metrics, directly increasing net profit and ROE post-acquisition [8][9]. Group 3: Shareholder Value and Market Confidence - The acquisition aligns with the company's commitment to value management and is seen as a practical step to enhance intrinsic value and return to investors [10][12]. - The company has consistently implemented cash dividends since its listing, with a total dividend amount of approximately 300 million yuan and a dividend ratio of 61.10% for 2024, indicating a strong commitment to shareholder returns [10][12]. - The management emphasizes that this acquisition is a key move to secure a strategic position in the new energy vehicle testing market, enhancing the company's service capabilities and opening up high-value growth opportunities [12][13].