Core Viewpoint - Yutong Bus (600066) emphasizes its commitment to high-quality development driven by technological and product innovation, focusing on key technologies in electric drive, control, and battery systems [1] Group 1: Technological Innovation - The company adopts a "lowest total lifecycle cost" development philosophy to enhance its product offerings [1] - Yutong is making breakthroughs in various technological fields, including efficient electric drive systems, high-safety and reliable control systems, multi-scenario fuel cell power systems, and intelligent connected technologies [1] - The company aims to independently master core technologies related to electrification, intelligent networking, safety, energy efficiency, and comfort [1] Group 2: Product Development - The advancements in technology support the research and development layout of the entire range of bus products [1]

证券日报网讯1月9日，宇通客车（600066）在互动平台回答投资者提问时表示，根据公司2024年年度报 告，公司国内业务毛利率为19.37%，海外业务毛利率为28.46%。未来，公司将继续做好主业，抓住国 内外市场拓展机会，持续巩固行业领先地位。 ...

Investment Rating - The report maintains an "Overweight" rating for the automotive industry, indicating an expectation that the industry index will outperform the market index by more than 10% over the next six months [2][38]. Core Insights - The automotive sector has shown a recent upward trend, with the Shenwan Automotive Index rising by 3.52% over the past two weeks, outperforming the CSI 300 Index by 1.47 percentage points [4][11]. - The report highlights the implementation of a new vehicle scrappage and replacement policy for 2026, which includes subsidies for purchasing new energy vehicles and fuel-efficient cars, aimed at boosting consumer confidence and sales [33][34]. - The report notes a significant decline in retail sales of passenger vehicles in December 2025, with a year-on-year decrease of 13%, indicating a cautious market sentiment as consumers await new subsidy policies [21][34]. Summary by Sections Automotive Industry Trends and Valuation Review - As of January 8, 2026, the Shenwan Automotive Index has increased by 1.49% since the beginning of the year, ranking 23rd among 31 industries [11][12]. - The automotive sub-sectors have also experienced growth, with the automotive parts sector rising by 4.66% and the motorcycle and other sectors increasing by 2.44% [13][14]. Industry Data Tracking - Raw material prices have seen increases, with steel prices up by 0.70%, aluminum by 6.95%, and lithium carbonate by 16.88% as of January 8, 2026 [18][19]. Industry News - The Ministry of Industry and Information Technology has initiated testing and safety evaluations for smart connected vehicles equipped with autonomous driving features [20]. - The Ministry of Commerce projects that 17.67 million vehicles will be scrapped from 2024 to 2025, with an annual growth rate of 45.8% [22]. Corporate News - Xiaomi's new electric vehicle, the SU7, is expected to launch in April 2026 [26]. - Desay SV plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance its international presence [28]. - Hesai Technology has been selected by NVIDIA as a lidar partner for its autonomous driving platform [30]. Investment Recommendations - The report suggests focusing on companies like BYD and Seres, which are expanding their overseas markets and benefiting from the increasing penetration of smart driving technologies [33][35].

Core Viewpoint - The commercial vehicle sector experienced a slight increase of 0.41% on January 9, with Jianghuai Automobile leading the gains. The Shanghai Composite Index rose by 0.92%, while the Shenzhen Component Index increased by 1.15% [1]. Group 1: Market Performance - Jianghuai Automobile closed at 50.53, up by 1.16% with a trading volume of 507,700 shares [1]. - Foton Motor and China National Heavy Duty Truck both saw increases of 0.69% and 0.54%, closing at 2.91 and 16.89 respectively [1]. - The overall trading volume for the commercial vehicle sector was significant, with Foton Motor achieving a transaction value of 294 million [1]. Group 2: Fund Flow Analysis - The commercial vehicle sector saw a net outflow of 80.51 million from institutional investors, while retail investors contributed a net inflow of 31.18 million [2]. - Among individual stocks, Zhongshun Vehicle had a net inflow of 12.14 million from institutional investors, while it faced a net outflow of 1.44 million from speculative funds [3]. - China National Heavy Duty Truck experienced a net inflow of 2.94 million from speculative funds, despite a net outflow of 3.27 million from retail investors [3].

证券代码：600066 证券简称：宇通客车 编号：临2026-002 宇通客车股份有限公司 关于年度担保计划范围内担保进展的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 根据上海证券交易所相关披露要求，公司对年度担保计划 范围内的担保进展情况进行月度汇总披露。 2025 年 12 月担保事项概况 | 对控股子公司 | 被担保人名称 | | 公司全资子公司（具体如下） | | | | --- | --- | --- | --- | --- | --- | | 及控股子公司 | 2025 年 12 | 月担保发生额 | | | 26,230.57 万元 | | 之间相互提供 | 是否在前期预计额度内 | | ☑是 | □否 | | | 的担保 | 本次担保是否有反担保 | | □是 | ☑否 | | 公司全资子公司： 累计担保情况 | 对外担保逾期的累计金额（万元） | / | 截至 | 2025 | 年 | 12 | 月 | 31 | 日，公司对控股 | | --- | --- | --- | --- | ...

城乡客运一体化改革营运车辆采购项目二期- 近日，慈利县城乡客运一体化改革营运车辆采购项目（二期）中标结果正式公布。经过公开 招标及中标候选人公示程序，宇通客车股份有限公司成功中标该项目全部两个标段，中标总 金额达2443.7万元。 城乡客运一体化改革营运车辆采购项目二期-5.9米、7米级纯电动客车中标结果公告 5.9米、7米级纯电动客车中标结果公告 (招标编号:HNZJJ-202512JT-008501) 一、中标人信息: 标段(包)[001]城乡客运一体化改革营运车辆采购项目二期- 5.9米、7米级纯电动客车: 中标人:宇通客车股份有限公司 中标价格:918.9万元 二、其他: 详见附件 三、监督部门 本招标项目的监督部门为慈利县交通运输局。 招 标 人:慈利县盛达运输服务有限公司 电子邮件:/ 招标代理机构:中科高盛咨询集团有限公司 招标人或其招标代理机构主要负责人(项目负责人) 招标人或其招标代理机构:_ 地 址:慈利县金慈街道零阳西路78号12层1204室 联 系 人:周先生 电 话:15074496868 地 址:湖南省长沙市天心区友谊路413号 联 系 人:周志 电 话: 15874454533 ...

12 月销量环比大幅增长，四季度盈利提升展望乐观：12 月公司客车销量8,864 辆，同比增长2.9%、环 比增长118.4%，国内与海外市场同步迎来年末交付高峰，其中新能源出口表现预计尤为强劲，高盈利 大中客产品占比维持在84.4%的高位水平。Q4 公司实现销量1.6 万辆，同比增长2.5%、环比30.5%，预 计Q4 出口占比环比小幅提升，且欧洲新能源订单密集交付优化销售结构，叠加规模效应释放，公司单 车盈利有望进一步提升。 国内公交报废更新政策延续，公司有望持续受益：12 月30 日，国家发改委发布《推动大规模设备更新 和消费品以旧换新行动方案》，明确继续支持新能源城市公交车辆及动力电池更新，补贴标准依据 《2025 年新能源城市公交车及动力电池更新补贴实施细则》，即新能源公交单车平均补贴8 万元，动力 电池补贴4.2 万元。报废更新政策的延续实施，有望持续撬动国内存量公交替换需求释放，公司作为行 业龙头将充分受益于此。 事件：1 月5 日，公司发布2025 年12 月产销快报，实现客车销量8,864辆，同比增长2.9%、环比增长 118.4%；实现客车产量7,066 辆，同比增长2.4%、环比增长36 ...

转自：北京日报客户端 1月4日， 在乌拉圭首都蒙得维的亚，一辆中国新能源旅游巴士（前）在路上行驶。新华社发（尼古拉斯·塞拉亚 摄） 新华社蒙得维的亚1月5日电"2025年，乌拉圭平均每售出3辆乘用车，就有一辆是中国新能源汽车。"乌 拉圭汽车贸易协会经理伊格纳西奥·帕斯日前在接受新华社记者采访时说，中国新能源汽车日益受到乌 拉圭消费者欢迎。 正如帕斯所说，2025年以来，记者在乌首都蒙得维的亚等城市看到的中国新能源汽车越来越多。 12月22 新能源汽车畅销与乌拉圭政府相关举措密切相关。2025年，乌政府颁布一系列面向新能源汽车的优惠政 策，包括减免关税、牌照税、污染税等税费。与此同时，乌拉圭国家电力公司在全国建设了一批充电 桩，基本保证国道每50公里就有一个充电站。 12月22 日，在乌拉圭首都蒙得维的亚，一辆中国新能源汽车（中）在路上行驶。新华社发（尼古拉斯·塞拉亚 摄） 乌拉圭政府数据显示，该国超过97%的电力来自可再生能源，且非用电高峰时段电力供应有盈余。"这 为乌拉圭推广新能源汽车提供了极佳条件。"帕斯说。 另一方面，较低的使用成本也促使更多乌拉圭消费者选择新能源汽车。蒙得维的亚的网约车司机米格尔 对记 ...

Core Viewpoint - Yutong Bus Co., Ltd. has shown steady growth in sales for December 2025 and the entire year, with a notable increase in the light bus segment driving overall performance [1][3][5]. Group 1: December Sales Data - In December 2025, Yutong Bus sold 8,864 units, marking a year-on-year increase of 2.89% [1]. - The breakdown of sales includes 4,106 large buses (up 1.48% year-on-year), 3,375 medium buses (up 9.26% year-on-year), and 1,383 light buses [1]. Group 2: Annual Sales Performance - For the entire year of 2025, Yutong Bus achieved cumulative sales of 49,518 units, reflecting a year-on-year growth of 5.54% [3]. - Large buses sold totaled 24,943 units (up 1.08% year-on-year), while medium buses reached 15,964 units (up 1.92% year-on-year) [3]. Group 3: Light Bus Segment Growth - The light bus segment experienced significant growth, with total sales reaching 8,611 units in 2025, representing a year-on-year increase of 30.89% [5]. - Yutong Bus has optimized its product structure and performance in response to market trends, launching a series of light bus products that excel in comfort, energy efficiency, and intelligence, gaining widespread customer recognition [5].

Group 1 - The article presents the top 20 stocks in the S&P China A-Share Dividend Opportunity Index (CSPSADRP) based on their daily and year-to-date performance as of January 5, 2026 [1][5]. - The stock with the highest daily increase is LuRi Co., Ltd. (002083.SZ), which rose by 10.00%, and it also has a year-to-date increase of 10.00% with a dividend yield of 1.21% [1][5]. - Other notable performers include Aotaiwei (688516.SH) with a daily increase of 9.15% and a year-to-date increase of 9.15%, and Yiyi Co., Ltd. (001206.SZ) with a daily increase of 5.28% and a year-to-date increase of 5.28% [1][5]. Group 2 - The list includes various sectors, with companies like Tianshan Aluminum (002532.SZ) and Kuka Home (603816.SH) showing daily increases of 4.51% and 3.68%, respectively [1][5]. - The dividend yields for these companies vary, with notable yields such as 7.86% for Wuliangye (000858.SZ) and 7.24% for Nanshan Aluminum (600219.SH) [1][5]. - The data is sourced from the Shanghai Stock Exchange and reflects the closing prices as of January 5, 2026, with dividend yields calculated for the past 12 months ending December 31, 2025 [1][5].