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“摩托车大王”左宗申73岁仍在一线 旗下两上市公司业绩齐增乘风出海
Chang Jiang Shang Bao· 2025-10-27 02:03
Core Viewpoint - Chongqing's motorcycle giants, Longxin General and Zongshen Power, are experiencing significant profit growth under the leadership of Zuo Zongshen, with both companies expected to report substantial net profit increases by the third quarter of 2025 [2][8] Group 1: Company Performance - Longxin General and Zongshen Power are projected to achieve net profits of 15.2 billion to 16.2 billion yuan and 6.65 billion to 7.82 billion yuan respectively in the first three quarters of 2025, marking year-on-year increases of 69.13% to 80.26% and 70% to 100% [8] - In 2024, Zongshen Power's revenue reached 10.384 billion yuan, a year-on-year growth of 29.84%, with a net profit of 461 million yuan, up 27.45% [5] - Longxin General's "Wuji" brand has become a key driver of growth, with revenue from this series reaching 1.98 billion yuan in the first half of 2025, a 30.23% increase, and export sales rising by 83.31% [10] Group 2: Market Position and Strategy - Zongshen Power and Longxin General ranked second and third in motorcycle sales in China in 2024, with sales of 1.8 million and 1.54 million units respectively [2][6] - Zuo Zongshen has strategically focused on the motorcycle core business, avoiding diversification into real estate and mining, which has contributed to sustained growth [5] - The integration of Longxin General into Zongshen Power's operations has positioned the combined entity as the leading motorcycle manufacturer in China [2][6] Group 3: International Expansion - Longxin General has established a sales network with 1,292 outlets overseas, surpassing the 1,053 outlets in China, indicating a strong international presence [11] - Zongshen Power's domestic and international sales are nearly equal, with domestic sales accounting for 50.23% and international sales 49.77% [12] Group 4: Future Prospects - Zongshen Power is exploring opportunities in the low-altitude economy, with its aviation subsidiary, Zongshen Aviation, being one of the first private companies in China to successfully develop aviation engines [12] - Despite the positive outlook, Zongshen Power recently announced the termination of its IPO plans for Zongshen Aviation due to strategic considerations and market conditions [13]