（记者 曾健辉） 截至发稿，中国汽研市值为170亿元。 每经头条（nbdtoutiao）——处方药变"瘾品"：国内首次报告普瑞巴林滥用致成瘾病例，网络平台暴 露"无病历可购药"漏洞，列管与否尚需科学考量 每经AI快讯，中国汽研（SH 601965，收盘价：16.92元）12月8日晚间发布公告称，公司第五届第二十 五次董事会会议于2025年12月8日在重庆以现场加通讯表决方式召开。会议审议了《关于换届选举第六 届董事会独立董事的议案》等文件。 2024年1至12月份，中国汽研的营业收入构成为：汽车技术服务-整车及传统零部件开发和测评业务占比 64.06%，汽车技术服务-新能源及智能网联汽车开发和测评业务占比15.81%，汽车技术服务-测试装备业 务占比7.97%，汽车燃气系统及关键零部件占比5.59%，专用汽车改装与销售占比4.5%。 ...

Core Viewpoint - China Automotive Research (SH 601965) announced a board meeting on October 27, 2025, to discuss changes in registered capital, amendments to the articles of association, and the cancellation of the supervisory board [1] Revenue Composition - For the year 2024, the revenue composition of China Automotive Research is as follows: - Automotive technology services for complete vehicles and traditional parts development and testing: 64.06% - Automotive technology services for new energy and intelligent connected vehicles development and testing: 15.81% - Automotive technology services for testing equipment: 7.97% - Automotive gas systems and key components: 5.59% - Special vehicle modification and sales: 4.5% [1] Market Capitalization - As of the report, the market capitalization of China Automotive Research is 16.8 billion yuan [1]

Core Viewpoint - China Automotive Engineering Research Institute Co., Ltd. (China Automotive Research) has shown fluctuations in stock performance and financing activities, indicating a mixed outlook for the company in the automotive technology service and equipment manufacturing sector [1][2]. Financing Activities - On October 20, China Automotive Research's stock fell by 1.22%, with a trading volume of 131 million yuan. The financing buy-in amounted to 10.18 million yuan, while financing repayment was 9.17 million yuan, resulting in a net financing buy of 1.01 million yuan [1]. - As of October 20, the total financing and securities lending balance for China Automotive Research was 191 million yuan, with the current financing balance at 188 million yuan, representing 1.11% of the circulating market value, which is above the 90th percentile of the past year [1]. - In terms of securities lending, on October 20, the company repaid 4,600 shares and sold 8,800 shares, with a selling amount of 149,600 yuan. The remaining securities lending volume was 188,300 shares, with a balance of 3.20 million yuan, also above the 80th percentile of the past year [1]. Company Overview - China Automotive Research, established on January 11, 2001, and listed on June 11, 2012, is primarily engaged in automotive technology services and equipment manufacturing. The revenue composition includes 89.80% from automotive technology services, with 65.58% from complete vehicle and traditional parts development and testing, and 16.21% from new energy and intelligent connected vehicle development and testing [2]. - As of June 30, 2025, the company reported a revenue of 1.911 billion yuan, a year-on-year decrease of 4.48%, while the net profit attributable to shareholders was 409 million yuan, reflecting a year-on-year increase of 1.84% [2]. Dividend Distribution - Since its A-share listing, China Automotive Research has distributed a total of 2.747 billion yuan in dividends, with 973 million yuan distributed over the past three years [3]. Institutional Holdings - As of June 30, 2025, the top ten circulating shareholders included new entrants such as China Europe Pension Mixed A, holding 9.0103 million shares, and other notable changes in holdings among existing shareholders [3].