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地方国资主导并购 城投转型与上市公司追寻双赢
据记者不完全统计,自2025年初至11月1日,地方国资共参与了28起上市公司的控制权收购,其中已完 成的交易16起,仍在进行中的交易12起。在28笔交易中,江苏、安徽、浙江、广东、湖北五省最为活 跃,其中安徽以6起交易、54.68亿元的规模紧追江苏,正在形成从省会合肥到马鞍山、黄山等多市开花 的"安徽模式"。 ● 本报记者张鹏飞 对地方政府而言,上市公司把研发、制造、供应链一并迁入当地,瞬间补齐产业短板。上游原材料企业 获得稳定订单,下游物流、检测、包装等配套环节同步聚集,短短一两年便可形成"引来一个、带来一 串"的集群效应。此外,地方通过控股平台分享企业利润、股票增值及税收增量,实现"化风险、育产 业、增税源"的三级跳。 以马鞍山国资为例,通过江东产投并购蓝黛科技(002765),使得蓝黛科技更加专注于新能源汽车传动 系统、触控显示以及机器人关节减速机等研发,这与马鞍山国资在电子信息、汽车交通等科技产业的产 业布局相协同。 再以上海国资收购康华生物(300841)为例,这笔交易是对要求设立100亿元生物医药产业并购基金的 《上海市支持上市公司并购重组行动方案(2025—2027年)》的直接响应,同时也释放出 ...
万里扬携手欧曼奏响“价值链合”交响曲 中国商用车在这里加挡提速
Core Insights - The event showcased Wanliyang's advanced intelligent manufacturing capabilities and emphasized the importance of strategic collaboration between vehicle manufacturers and core component suppliers in enhancing industry resilience [2][3][9] Company Overview - Wanliyang has established itself as a leader in the automotive transmission sector, producing 1.3 million passenger car transmissions, 1.1 million commercial vehicle transmissions, and 350,000 electric vehicle reducers annually [3] - The company has maintained the top market share in light commercial vehicle transmissions for over a decade and has received accolades such as the "National Manufacturing Single Champion Demonstration Enterprise" [3] Strategic Focus - Wanliyang's strategy includes a comprehensive product matrix that spans traditional and new energy vehicles, covering light, medium, and heavy trucks [3] - The company aims to innovate through modular, lightweight designs that integrate smart, efficient, low-carbon, and reliable technologies, addressing domestic market gaps [3][6] Market Performance - The commercial vehicle market in China is transitioning to a phase of stock competition and structural upgrades, with challenges such as declining logistics prices and stringent emission regulations [3][4] - In the first five months of 2025, Foton's heavy truck sales increased by over 70%, highlighting the market's resilience and the effectiveness of strategic partnerships [4] Technological Advancements - Wanliyang has developed a new generation of AMT (Automated Manual Transmission) systems, achieving significant market share and reliability in the heavy truck sector [5][6] - The company is also expanding into humanoid robotics, leveraging its expertise in reducers and motors to tap into a growing market [7][8] Collaborative Ecosystem - The partnership between Wanliyang and Ouman exemplifies a collaborative ecosystem that focuses on deep trust, joint technology development, and value creation [3][10] - This collaboration aims to enhance product competitiveness and operational value for customers, addressing the industry's pressing challenges [3][10]