Core Viewpoint - Xuelong Group plans to establish an innovative R&D center and smart digital factory for key components of new energy commercial vehicles in Ningbo Economic and Technological Development Zone, with an initial investment of 680 million yuan [1][9]. Group 1: Investment and Project Details - The project will cover approximately 94.71 acres and aims to enhance product structure and meet diverse customer needs [1]. - The first phase of the project will focus on the intelligent manufacturing base for thermal management systems of new energy commercial vehicles, including the development of energy-saving fan integrated systems [7][9]. - The investment decision aligns with the company's long-term development strategy and is expected to strengthen its core competitiveness in the commercial vehicle parts sector [9]. Group 2: Strategic Development and Market Position - Xuelong Group has made significant progress in strategic layout and product promotion, including the construction of a new base in Beilun and expanding its presence in the new energy sector through external investments [2]. - The company has developed a low-voltage electric fan assembly for new energy commercial vehicles, which is competitive with foreign products and is now capable of mass production [2]. - A specialized R&D team has been established to achieve technological breakthroughs in high-pressure motors and control systems for cooling fans in new energy commercial vehicles [2]. Group 3: Regional Economic Impact - The project is expected to contribute to the economic transformation and high-quality development of the Beilun District, serving as a key demonstration project for the region [5][12]. - The investment will facilitate the efficient use and sharing of regional resources, promoting the development of other industrial enterprises in the area [12].

Core Viewpoint - Xuelong Group has demonstrated steady growth in its financial performance for Q1 2025, driven by strategic initiatives and market trends in the commercial vehicle sector [1][2]. Financial Performance - In Q1 2025, Xuelong Group achieved revenue of 104 million yuan, representing a year-on-year increase of 2.60% - The net profit attributable to shareholders, excluding non-recurring gains and losses, was 15.8733 million yuan, up 12.39% year-on-year [1]. Strategic Initiatives - The company is actively advancing the construction of the Beilun new base project and expanding its presence in the new energy sector through external investments [1]. - Xuelong Group has established a dedicated R&D team focused on technological breakthroughs in high-pressure motors and control systems for cooling fans used in new energy commercial vehicles [2]. Market Trends and Opportunities - The full implementation of the National VI emission standards is expected to accelerate technological upgrades in commercial vehicles, increasing demand for energy-saving components like the electric fan assembly [2]. - Each new energy electric heavy truck typically requires 4 to 9 electric fan assemblies, while electric light trucks require 2, indicating a significant market potential for Xuelong Group's products [2]. International Expansion - The company plans to enhance its overseas market research efforts and steadily advance its international strategy to identify new revenue streams [3]. - Xuelong Group aims to extend its industrial layout through external investments, seeking breakthroughs in the precise extension of its supply chain [3]. Competitive Position - Xuelong Group possesses certain technological barriers within the industry, and the ongoing development of the new energy commercial vehicle market presents substantial opportunities for market share expansion [3].

3月27日晚间，雪龙集团（603949）发布公告称，该上市公司拟与宁波经济技术开发区投资促进局(以下 简称"宁波经开区投促局")签订《投资协议书》，投资建设新能源商用车关键零部件创新研发中心及智 慧数字工厂项目，该项目第一期总投资6.8亿元，规划用地约94.71亩(具体以实测面积为准)。 雪龙集团表示，为助力宁波361产业集群发展，加速北仑区经济转型升级和高质量发展，双方就上述项 目建设达成一致意见。 公告显示，雪龙集团第一期投资项目为新能源商用车热管理系统智能制造基地等项目，总投资6.8亿 元，资金来源为上市公司自有资金或自筹资金。其中，包含雪龙集团已公告的"节能风扇集成系统智能 制造基地建设项目"，主要进行智能电控离合器风扇总成、电动风扇总成、高性能车用直流无刷风机、 新能源商用车热管理系统等的研发生产。 "本投资项目是公司综合考虑未来业务的实际发展需求、产品市场需求等因素而作出的重要投资决策， 符合公司长远发展战略。"雪龙集团在公告中表示，本项目的完成将进一步提升公司在商用车核心零部 件领域的核心竞争力、经济效益和综合实力，为客户服务提供更坚实的保障。同时，此次投资不会对雪 龙集团财务和经营状况产生不利 ...