附调研内容：公司董事会秘书张欣女士简要介绍了公司情况，并就投资者关心的问题进行了沟通和交 流。主要内容如下：1、公司今年 1-5 月份的产销情况怎么样？根据第一商用车网数据，今年 1-5 月， 我国重卡市场累计销量约为 43.75 万辆，同比小增约 1%。其中，5 月份我国重卡市场共计销售各类车 型约 8.5 万辆，同比上涨约 9%。目前，公司的生产经营情况良好，产销量与去年同期相比均保持增长 态势，整体好于行业水平。同时，公司产品依托重汽国际公司实现出口，目前依然保持良好态势。2、 如何看待以旧换新政策对重卡行业的影响？随着今年 3 月国家持续推出针对老旧运营货车"以旧换新"的 新政策，天然气重卡也被纳入报废及新购补贴范围，新的政策变化有助于加速老旧车辆的淘汰更新，对 新能源和天然气重卡市场也有一定的推动作用，促进行业向绿色、高效方向转型升级。公司将继续把握 政策机遇，强化技术创新与市场开拓，推动业务高质量发展。3、公司新能源重卡的经营情况如何？根 据第一商用车网数据，2025 年 1-5 月，我国新能源重卡累计销售 5.1 万辆，同比大增 195%。在政策支 持与技术创新的双重推动下，新能源重卡行业目前处 ...

本期基事关注：中金中国绿发商业REIT上市首日涨停，6月30日开市起停牌1小时，午间收盘涨7.4%；杨华辉离任兴证全球基金董事长，由庄园芳代任， 同日苏军良上任兴业证券董事长；富国基金于洋因个人原因离职；淳厚基金薛莉丽因身体原因卸任淳厚信睿、淳厚欣颐；杨达伟离任浦银安盛品质优选， 任期内亏损超一半；华宝基金副总经理吕笑然因工作调动离任，上任仅半年。 一周速览：全球股市集体上涨 过去的一周全球股市持续震荡走高。上证指数收于3424.23，全周上涨1.91%；深证成指收于10378.55，微涨0.34%；创业板指收于2124.34%,上涨5.69%。 美股强势上涨，纳斯达克指数上涨4.25%，标普500指数上涨3.44%，英伟达市值重返全球第一。 申万一级行业指数数据显示，计算机板块领涨7.7%，国防军工上涨6.9%，非银金融上涨6.66%，通信、电力设备、有色金属板块涨幅均超5%；石油石化 跌幅2.07%，食品饮料跌0.88%，交通运输跌0.24%。 基金方面，前海开源1-3年国开债D下跌4.45%；ETF中，建信易盛能源化工ETF跌4.41%，华夏饲料豆粕期货ETF跌4.29%，华宝中证金融科技领涨，涨幅 1 ...

Group 1: Company Overview - In 2024, the company's revenue was 749.5 million, representing a year-on-year growth of 10.53% [2] - The net profit attributable to shareholders was 20.1 million, showing a year-on-year decline of 63.68% [2] - The net profit after deducting non-recurring gains and losses was -6.2861 million, a year-on-year decrease of 114.13% [2] Group 2: Financial Metrics - Total sales expenses for the year amounted to 250 million, while research and development expenses were 164 million [2] - The company's gross margin was affected by the adoption of new accounting standards and an increase in overseas revenue, which generally has a lower gross margin compared to domestic operations [2] Group 3: Business Strategy and Market Position - The company aims to become a globally influential endoscope brand by enhancing product performance and brand recognition [2] - The overseas business is still in the early stages of development, with a diverse product mix and a higher proportion of low-to-mid-priced products, leading to lower gross margins compared to domestic operations [2] - The company is actively expanding its overseas market presence, particularly in Europe and other cost-effective markets, where there is incremental demand for soft endoscopes [2] Group 4: Industry Insights - The importance of endoscopic diagnosis is emphasized, as early screening of the digestive tract can significantly improve patient survival rates and quality of life [2] - The clinical demand for respiratory endoscopy is gradually emerging, with the company planning to track developments in this area closely [2]