浦林成山(01809)跌超6%，截至发稿，跌6.02%，报7.03港元，成交额355.55万港元。 消息面上，浦林成山午间发布2025年中期业绩，该集团取得收入人民币57.05亿元(单位下同)，同比增加 6.37%；公司股东应占溢利5.08亿元，同比减少37.44%；每股基本盈利0.8元。截至2025年6月30日止6个 月内，集团销售轮胎约1410万条，同比增长2.8%。其中，全钢子午线轮胎销售约390万条，同比下降 3.8%；半钢子午线轮胎销售约1000万条，同比增长5.7% ；斜交轮胎销售20万条，同比增长2.3%。 本文源自：智通财经网 ...

消息面上，浦林成山午间发布2025年中期业绩，该集团取得收入人民币57.05亿元(单位下同)，同比增加 6.37%；公司股东应占溢利5.08亿元，同比减少37.44%；每股基本盈利0.8元。截至2025年6月30日止6个 月内，集团销售轮胎约1410万条，同比增长2.8%。其中，全钢子午线轮胎销售约390万条，同比下降 3.8%；半钢子午线轮胎销售约1000万条，同比增长5.7% ；斜交轮胎销售20万条，同比增长2.3%。 智通财经APP获悉，浦林成山(01809)跌超6%，截至发稿，跌6.02%，报7.03港元，成交额355.55万港 元。 ...

截至2025年6月30日止6个月内，本集团销售轮胎约1410万条，同比增长2.8%。其中，全钢子午线轮胎 销售约390万条，同比下降3.8%;半钢子午线轮胎销售约1000万条，同比增长5.7%;斜交轮胎销售20万 条，同比增长2.3%。 浦林成山(01809)发布2025年中期业绩，该集团取得收入人民币57.05亿元(单位下同)，同比增加6.37%;公 司股东应占溢利5.08亿元，同比减少37.44%;每股基本盈利0.8元。 本集团主要通过经销商供应替换市场，截至2025年6月30日止6个月期间，本集团国内经销商渠道的营业 收入约为10.17亿元，同比减少18.3%;国际经销商渠道的营业收入约为38.96亿元，同比增加10.9%;直接 向汽车制造商销售的营业收入约7.92亿元，同比增加30.5%。其中，全钢子午线轮胎、半钢子午线轮胎 分别占本集团轮胎收入的约55.3%及43.2%(2024年同期：57.1%及41.1%)，斜交轮胎占比约1.5%(2024年 同期：1.8%);来自于本集团位于山东的轮胎生产基地(山东轮胎生产基地)及位于泰国的轮胎生产基地(泰 国轮胎生产基地)的收入分别占本集团轮胎收入的约61. ...

格隆汇8月26日丨浦林成山(01809.HK)公布中期业绩，2025年上半年，集团整体销量和收入同比均有增 加，其中在国际经销商渠道、直销至汽车制造商渠道的销量和收入同比均显著增加，国内经销商渠道同 比减少。 报告期内，集团实现营业收入约人民币5.7052亿元，同比增长6.4%，实现毛利约人民币9.475亿元，同 比下降28.2%，归属于公司所有者的利润约人民币5.076亿元，同比下降37.4%，EBITDA约人民币7.910 亿元，同比下降33.8%，EBITDA利润率为13.9%，同比下降8.4个百分点。 集团主要通过经销商供应替换市场，截至2025年6月30日止六个月期间，集团国内经销商渠道的营业收 入约为人民币10.173亿元，同比减少18.3%；国际经销商渠道的营业收入约为人民币38.958亿元，同比 增加10.9%；直接向汽车制造商销售的营业收入约人民币7.917亿元，同比增加30.5%。其中，全钢子午 线轮胎、半钢子午线轮胎分别占集团轮胎收入的约55.3%及43.2%(2024年同期：57.1%及41.1%)，斜交轮 胎占比约1.5%(2024年同期：1.8%)；来自于集团山东轮胎生产基地及泰国 ...

Core Viewpoint - General Shares (通用股份) has completed the transfer of 24.50% of its shares to Suhao Holdings, making Suhao the controlling shareholder and the Jiangsu Provincial State-owned Assets Supervision and Administration Commission the actual controller of the company, which is expected to enhance its international strategy and transformation efforts [1][3][4]. Group 1: Share Transfer Details - On June 17, 2025, General Shares announced that the transfer of 389,425,230 shares (24.50%) from its controlling shareholder, Hongdou Group, to Suhao Holdings has been completed [1][3]. - The share transfer was approved by the Jiangsu Provincial State-owned Assets Supervision and Administration Commission on April 24, 2025, and the shares are classified as unrestricted circulating shares [3]. - The transfer price was set at 5.44 yuan per share, totaling 2.118 billion yuan [4]. Group 2: Company Background and Products - General Shares primarily produces all-steel radial tires, semi-steel radial tires, engineering tires, and bias tires, and was listed on the Shanghai Stock Exchange on September 19, 2016 [3]. - The company has modern tire production bases in China, Thailand, and Cambodia, and owns several well-known brands including "Qianlima," "Chitu Ma," "TBBTIRES," "GOODTRIP," and "Heima" [3]. Group 3: Financial Performance Outlook - The latest performance forecast indicates that General Shares expects to achieve a net profit attributable to shareholders of 400 million to 500 million yuan for the fiscal year 2024, representing a year-on-year increase of 85.19% to 131.48% [5].

Core Viewpoint - The company, Tongyong Co., has shifted its ownership plans from Guangzhou State-owned Assets to Jiangsu State-owned Assets, with a transaction price of approximately 2.1 billion yuan, following a significant increase in its net profit for 2024, which reached a historical high of 374 million yuan, up over 70% year-on-year [1][7]. Group 1: Ownership Change - Tongyong Co. initially planned to transfer ownership to Guangzhou Industrial Investment Holding Group but terminated this plan three months later [1][4]. - The new ownership agreement involves Jiangsu Suhao Holding Group, which will acquire 24.50% of the shares from Tongyong's controlling shareholder, Hongdou Group, at a price of 5.44 yuan per share, totaling approximately 2.118 billion yuan [5]. - Following the transfer, Hongdou Group's shareholding will decrease from 41.35% to 16.85%, while Suhao Holding will become the new controlling shareholder [5]. Group 2: Financial Performance - In 2024, Tongyong Co. achieved a record revenue of 6.958 billion yuan and a net profit of 374 million yuan, marking year-on-year increases of 37.39% and 72.81%, respectively [7][8]. - The company's first-quarter revenue for this year was 2.122 billion yuan, reflecting a year-on-year growth of 46.99%, although net profit decreased by 32.81% due to rising raw material costs and financial expenses [8]. - The company has successfully ramped up production at its Cambodia plant, achieving full capacity within a year, contributing to its improved profitability [2][7]. Group 3: Strategic Direction - Tongyong Co. is focusing on expanding its global marketing network and optimizing its production capacity to enhance profitability, driven by increasing demand in the overseas tire market [2][8]. - The company is also advancing several overseas projects, including expansions in Thailand and Cambodia, aiming for full production capacity by 2025 [7].

Core Viewpoint - The company, Jiangsu General Technology Co., Ltd., reported a negative retained earnings of approximately 520.63 million yuan as of the end of 2024, leading to no profit distribution for the year due to regulatory compliance [1] Group 1: Company Overview - Jiangsu General Technology Co., Ltd. is primarily engaged in the research, production, and sales of tire products, with modern production bases in China, Thailand, and Cambodia [12] - The company focuses on high-performance, cost-effective tire products and has developed green tires for the new energy vehicle sector [12][17] Group 2: Industry Situation - The global economic downturn and geopolitical conflicts have created a complex external environment for the tire industry, with challenges such as rising raw material prices and intense market competition [2] - In 2024, China's rubber tire production reached 1.187 billion units, a year-on-year increase of 9.2%, with significant growth in passenger and light truck tires [3] - The commercial vehicle market in China showed weakness, with a decline in production and sales of steel tires, leading to a 5% decrease in sales revenue for the steel tire market [3] Group 3: Raw Material Market - The prices of tire raw materials, including natural rubber and synthetic rubber, have shown significant volatility, with natural rubber prices reaching a seven-year high at the beginning of the year [4] - The increase in raw material costs has pressured the profit margins of tire manufacturers, with industry profits dropping below 20% in the latter part of the year [4] Group 4: Logistics and Transportation - In the first half of 2024, geopolitical tensions led to increased shipping costs, with the Shanghai export container freight index rising by 95.84% compared to the beginning of the year [5] - Shipping costs began to decline in the second half of the year as market conditions improved [5] Group 5: Automotive Market - The automotive market in China showed signs of stabilization and structural optimization, with total vehicle production and sales reaching 31.28 million and 31.44 million units, respectively, in 2024 [6] - New energy vehicles (NEVs) continued to grow rapidly, with production and sales increasing by 34.4% and 35.5%, respectively, making up 40.9% of total new vehicle sales [6][7] Group 6: Industry Policies - The new "2024 Industrial Structure Adjustment Guidance Catalog" encourages the development of high-performance tires and the recycling of waste tires, while restricting certain rubber and tire production [9] - The new national standard for tire and carbon black energy consumption limits was released, aiming to promote green and high-quality development in the tire industry [10] Group 7: Company Financial Performance - As of December 31, 2024, the company reported total assets of 15.379 billion yuan, a 36.31% increase year-on-year, and a net profit of 374 million yuan, reflecting a 72.81% increase from the previous year [18]