证券代码：002448 证券简称：中原内配 公告编号：2026-004 中原内配集团股份有限公司 关于公司财务总监、董事会秘书离职的公告 本公司及董事会全体成员保证公告内容真实、准确、完整，没有虚假记载、 误导性陈述或者重大遗漏。 中原内配集团股份有限公司（以下简称"公司"）董事会于近日收到公司财 务总监、董事会秘书李培先生的书面辞职报告，李培先生因个人家庭原因申请辞 去公司财务总监、董事会秘书职务，辞职后不再担任公司任何职务。根据《中华 人民共和国公司法》《公司章程》及《公司董事、高级管理人员离职管理制度》 等的规定，李培先生的辞职报告自送达董事会之日起生效。 截至本公告披露日，李培先生未持有公司股份，亦不存在应当履行而未履行 的承诺事项，其辞职不会对公司日常生产经营产生影响。公司董事会对李培先生 在公司任职期间的辛勤工作及对公司发展做出的贡献表示衷心感谢。 根据《深圳证券交易所股票上市规则》等相关规定，公司将根据法定程序尽 快完成董事会秘书的选聘工作。公司董事会在聘任新的董事会秘书前，指定公司 董事长薛亚辉先生代行董事会秘书职责。 二○二六年一月二十日 公司董事长薛亚辉先生代行董事会秘书职责期间的联系方式 ...

证券代码：002448 证券简称：中原内配 公告编号：2026-003 中原内配集团股份有限公司 2025年度业绩预告 本公司及董事会全体成员保证公告内容真实、准确、完整，没有虚假记载、 误导性陈述或者重大遗漏。 一、本期业绩预计情况 （1）以区间数进行业绩预告的 单位：万元 | 项 目 | | 本报告期 | | | 上年同期 | | --- | --- | --- | --- | --- | --- | | 归属于上市公司股东的 | 36,800 | | ～ | 42,800 | 20,390.72 | | 净利润 | 比上年同期增长 | 80.47% | ～ | 109.90% | | | 扣除非经常性损益后的 | 35,860 | | ～ | 41,860 | 19,116.46 | | 净利润 | 比上年同期增长 | 87.59% | ～ | 118.97% | | | 基本每股收益（元/股） | 0.63 | | ～ | 0.73 | 0.35 | 1、业绩预告期间：2025 年 1 月 1 日至 2025 年 12 月 31 日。 2、业绩预告情况：预计净利润为正值且属于同向上升 50%以上情形 ...

Investment Rating - The report maintains an investment rating of "Outperform the Market" for the automotive industry [5] Core Insights - The automotive industry in China is expected to achieve record production and sales in 2025, driven by policies encouraging vehicle trade-ins and the release of new models [5] - The passenger vehicle market is showing steady growth, with production and sales surpassing 30 million units in 2025, and domestic brands capturing nearly 70% of the market share [5] - The commercial vehicle market is recovering, with production and sales exceeding 4 million units, particularly strong performance in the new energy heavy truck segment [5] - New energy vehicles (NEVs) are experiencing rapid growth, with production and sales reaching approximately 1.66 million units in 2025, accounting for nearly 50.8% of domestic sales [5] - The report highlights two main investment themes: the acceleration of L3 level autonomous driving commercialization and the transition of automotive technology towards robotics and liquid cooling systems [5] Industry Performance Review - As of January 20, 2026, the automotive (CITIC) industry index increased by 4.07%, outperforming the Shanghai Composite Index by 2.15 percentage points [10] - Over 75% of automotive stocks saw an increase in value, with notable performers including Jiaoyun Co., Saifu Technology, and Siliang Zhidu [16] - The automotive sector's PE (TTM) is at 34.4 times, ranking 15th among 30 CITIC primary industries, while the PB (LF) is at 2.7 times, ranking 80th percentile [19] Key Data Tracking Industry Overview - In 2025, the total production and sales of automobiles reached 34.53 million and 34.40 million units, respectively, marking a year-on-year increase of 10.4% and 9.4% [27] Passenger Vehicles - Passenger vehicle production and sales for 2025 reached 30.27 million and 30.10 million units, with year-on-year growth of 10.2% and 9.2% [41] Commercial Vehicles - Commercial vehicle production and sales for 2025 totaled 4.26 million and 4.30 million units, reflecting year-on-year increases of 12% and 10.9% [56] New Energy Vehicles - New energy vehicle production and sales reached 1.66 million and 1.65 million units in 2025, with a market share of 47.9%, up 7.01 percentage points year-on-year [67]

交易对手方GKN Industries Limited成立于1890年，隶属于Dowlais集团，是全球传动系统及相关汽车技术领域的领导者，与中原内配及公司前十名股东、董 监高无关联关系。目标公司中原吉凯恩成立于2005年，专注于大缸径气缸套的研发、生产及销售，产品广泛应用于发电机组、重型卡车、工程机械、船舶等 领域，年产能达500万只，已与康明斯、卡特彼勒、斯堪尼亚、戴姆勒等国际知名企业建立稳定合作关系，行业认可度与品牌影响力稳居前列。 财务数据显示，经立信会计师事务所审计，截至2025年10月31日，中原吉凯恩资产总额93,186.23万元，净资产81,611.94万元；2025年1-10月实现营业收入 57,590.97万元，净利润1,320.29万元。本次交易定价基于双方协商确定的目标公司整体估值64,307.2万元，并考虑交割前40,000万元现金分红安排，最终交易 价格按（整体估值-现金分红）×59%计算确定，定价公允、依据充分，不存在损害公司及全体股东合法权益的情形。 根据《股权转让协议》约定，卖方GKN Industries Limited承诺，自签署日起至交割日后五周年，其自身及关联方在全球 ...

Group 1 - Zhongyuan Neipei plans to acquire 59% stake in Zhongyuan Jikean for 143 million yuan, making it a wholly-owned subsidiary [1] - HNA Holding reports a 2.8% year-on-year increase in passenger transport volume for December 2025, with international passenger transport volume up by 21.95% [2] - Haolai Ke expects a net profit decrease of 75.16% to 83.23% for 2025, projecting a profit of 13.5 million to 20 million yuan [3] Group 2 - Chengdu Investment Holdings reports a 71.41% year-on-year decrease in signed sales amount for Q4 2025, totaling 2.318 billion yuan [4] - Zhong Rare Metals signs a strategic cooperation agreement with Xian Dao Group to enhance market share in rare metals [5] - Bofei Electric plans to invest 23.38 million yuan in Haining Qiyuan alongside its controlling shareholder [6] Group 3 - Rongchang Bio plans to increase the maximum repurchase price to 116 yuan per share [7] - Filihua's controlling shareholders and executives plan to reduce their holdings by up to 1.05% of the company's shares [8] - Jiu Zhi Tang's general manager plans to reduce holdings by up to 2% of the company's shares [10] Group 4 - Aerospace Development's controlling shareholder reduced 12.26 million shares during stock trading fluctuations [11] - Nong Shang Environment's subsidiary faces delays in a computing infrastructure project due to funding issues [12] - Xinhua Department Store denies rumors of injecting semiconductor assets into the company [13] Group 5 - Jin Ao Bo expects a net profit increase of 40.24% to 59.58% for 2025, projecting a profit of 174 million to 198 million yuan [21] - Zhejing Pharmaceutical receives approval for clinical trials of ZGGS18 and ZG005 for advanced solid tumors [22] - Guangdong Hongtu anticipates a net profit decrease of 7.99% to 17.87% for 2025, projecting a profit of 341 million to 382 million yuan [23] Group 6 - Aijian Group expects to report a net loss for 2025 [24] - Shuangliang Energy also anticipates a net loss for 2025 [25] - Jia Mei Packaging announces early redemption of convertible bonds due to stock price conditions [26] Group 7 - Jindao Technology plans to issue convertible bonds to raise up to 306 million yuan for various projects [27] - Xinlei Co. extends the lock-up period for shares held by its controlling shareholder and actual controllers until January 19, 2027 [28] - Genesis expects a net profit decrease of 30% to 45% for 2025, projecting a profit of 131 million to 166 million yuan [29] Group 8 - Defu Technology plans to repurchase shares for employee stock ownership plans, with a budget of 75 million to 150 million yuan [30] - Huasheng Tiancheng states that AI-related revenue is currently a small portion of overall revenue [32] - Hongchuan Wisdom's shareholder plans to reduce holdings by up to 2% of the company's shares [33] Group 9 - Century Huatong's subsidiary plans to invest 50 million yuan in a financial development fund [34] - Liou shares will be suspended for trading due to significant stock price fluctuations [35] - Golden Dragon Fish plans to transfer stakes in two subsidiaries to Mars China for a total of 60 million USD [36] Group 10 - Mountain Outside Mountain's shareholder plans to reduce holdings by up to 1% of the company's shares [37] - Keheng Co. plans to sign a cooperation framework agreement with Gree Supply Chain for procurement [38] - Tian Sheng New Materials announces a change in actual controller and resumes trading [40] Group 11 - Xinghua New Materials plans to acquire at least 51% of Tian Kuan Technology for cash [41] - Rongbai Technology continues to delay responses to the Shanghai Stock Exchange's inquiries, leading to ongoing stock suspension [42] - Longxin Zhongke's shareholders plan to reduce holdings by up to 3.03% of the company's shares [43]

Mergers and Acquisitions - Zhongyuan Nepe announced plans to acquire 59% of its affiliate Zhongyuan Jikean for 143 million yuan, which will make Zhongyuan Jikean a wholly-owned subsidiary and included in the consolidated financial statements [1] - Jinchuan Co. intends to purchase 24% of Anhui Jinsan Molybdenum for 1.731 billion yuan, increasing its stake in the company to 34% [2] Earnings Disclosure - Muyuan Foods expects a net profit decline of 14.93% to 20.21% for 2025, projecting a profit range of 15.1 billion to 16.1 billion yuan [3] - Meijin Energy anticipates a net loss of 850 million to 1.25 billion yuan for 2025, compared to a loss of 1.143 billion yuan in the previous year, primarily due to market conditions affecting coal and coke prices [4] - Luoyang Molybdenum expects a net profit increase of 47.80% to 53.71% for 2025, projecting a profit range of 20 billion to 20.8 billion yuan [5] - Baofeng Energy forecasts a net profit growth of 73.57% to 89.34% for 2025, estimating a profit of 11 billion to 12 billion yuan [6] Shareholding Changes - Jiuzhitang's major shareholder Li Zhenguo plans to reduce his stake by up to 2%, amounting to no more than 16.9256 million shares, to repay due equity pledge financing [7] - Yifan Transmission's chairman Liu Jincheng intends to reduce his stake by up to 3%, comprising a maximum of 777,700 shares through centralized bidding and 1.5553 million shares through block trading [8] - Aidi Te's major shareholders plan to collectively reduce their stake by up to 3%, totaling no more than 3.1969 million shares [9] - Yuhua Tian's controlling shareholder plans to transfer 5% of its shares, amounting to 1.999296 million shares, through a pricing inquiry [10] Regulatory Issues - Tianji Co. received administrative regulatory measures due to multiple violations, including improper goodwill impairment testing and inaccurate financial accounting, with key executives being held responsible [11] - Wenfeng Co. announced that its vice president Qin Guofen has had his detention lifted and is now under a notice of investigation, with the company's operations remaining normal [12]

Group 1 - Huasheng Tiancheng's AI-related revenue currently accounts for a low proportion of overall revenue, indicating that it does not significantly impact the company's performance [2] - CICC's merger with Dongxing Securities and Xinda Securities is still undergoing audit work, which has not yet been completed [2] - Xinhua Department Store confirmed that there are no undisclosed major matters related to semiconductor asset injections, addressing market rumors [3] Group 2 - Zhong Rare Metals signed a strategic cooperation agreement with Xian Dao Group to enhance market share and industry influence in rare metals [4] - Zhongtian Rocket reported losses in its carbon/carbon thermal field materials business due to intensified competition in the photovoltaic industry [5] - Zhongyuan Nepe proposed to acquire 59% of Zhongyuan Jikean's equity for 143 million yuan, which will make it a wholly-owned subsidiary [5] Group 3 - Jiangxi Copper's subsidiary signed a cooperation agreement with First Quantum Minerals for exploration projects [6] - China Nuclear Power's Jiangsu Xuwei Nuclear Energy Heating Power Plant's first unit is set to pour its first concrete on January 16, 2026 [6] - ST Aowei's stock may be delisted if it continues to trade below par value [6] Group 4 - Triangle Tire plans to invest 3.219 billion yuan in a new high-performance tire project in Cambodia, expected to generate annual revenue of 2.585 billion yuan [7] - Baoxin Technology intends to publicly sell part of its subsidiary's assets, with a valuation of 50.2334 million yuan [7] - Nong Shang Environment's computing infrastructure project has not progressed as planned due to funding issues [8] Group 5 - Golden Dragon Fish plans to transfer stakes in two subsidiaries to Mars China for a total of 60 million USD, which is expected to impact its 2026 earnings significantly [8] - Jin Dao Technology intends to issue convertible bonds to raise up to 306 million yuan for various projects [8] - Aerospace Information expects a net loss of 700 million to 980 million yuan for 2025 due to industry changes [10] Group 6 - Tianji Co. forecasts a net profit of 70 million to 105 million yuan for 2025, recovering from a previous loss [10] - Muyuan Foods anticipates a net profit decrease of 12.2% to 17.79% for 2025 [11] - SAIC Group expects a net profit increase of 438% to 558% for 2025, driven by sales growth [12] Group 7 - Haolaike expects a significant drop in net profit for 2025, projecting a decrease of 75.16% to 83.23% [13] - Hainan Development anticipates a net loss of 440 million to 565 million yuan for 2025 [13] - Shuangliang Energy expects to report a loss for 2025 [14] Group 8 - Aijian Group also anticipates a loss for 2025 [14] - Meijin Energy forecasts a net loss of 850 million to 1.25 billion yuan for 2025 [14] - Kunlun Wanwei expects to report a loss for 2025 [14] Group 9 - Xue Rong Biological expects a net profit of 29 million to 40 million yuan for 2025, recovering from a previous loss [15] - Xin Nuo Wei anticipates a net loss of 170 million to 255 million yuan for 2025 due to increased R&D expenses [15] - Shengnuo Biological expects a net profit increase of 204.42% to 280.53% for 2025 [16] Group 10 - Longyuan Construction forecasts a net loss of 1 billion to 1.5 billion yuan for 2025 [17] - Kosen Technology expects a net loss of 245 million to 330 million yuan for 2025 [17] - Daqian Ecology anticipates a net loss of 100 million to 120 million yuan for 2025 [17] Group 11 - Lianfa Co. expects a net profit increase of 38.92% to 58.77% for 2025 [18] - Chongqing Steel anticipates a net loss of 2.5 billion to 2.8 billion yuan for 2025, but expects to reduce losses compared to the previous year [18] - Tongxing Technology forecasts a net profit increase of 74.2% to 125.44% for 2025 [19] Group 12 - Siyuan Electric expects a net profit of 3.163 billion yuan for 2025, a 54.35% increase year-on-year [19] - Luoyang Molybdenum expects a net profit increase of 47.8% to 53.71% for 2025 [20] - Nawei Technology anticipates a net profit increase of 54.51% to 75.03% for 2025 [20] Group 13 - Jingjia Micro expects a net loss of 120 million to 180 million yuan for 2025 [21] - Southwest Securities forecasts a net profit increase of 47% to 57% for 2025 [22] - Wankai New Materials expects a net profit of 156 million to 203 million yuan for 2025, recovering from a previous loss [22] Group 14 - Yilian Network anticipates a slight decrease in net profit for 2025, projecting a decline of 0% to 4% [23] - Baofeng Energy expects a net profit increase of 73.57% to 89.34% for 2025 [23] - Sanmei Co. forecasts a net profit increase of 155.66% to 176.11% for 2025 [23] Group 15 - Zhenyu Technology expects a net profit increase of 96.89% to 116.58% for 2025 [24] - Fute Technology anticipates a net profit increase of 121.98% to 164.26% for 2025 [24] - Guoli Electronics expects a net profit increase of 124.89% to 164.57% for 2025 [24] Group 16 - Shenyu Co. expects a slight decrease in net profit for 2025, projecting a decline of 0.05% to 11.37% [25] - Rongchang Biological plans to increase its share repurchase price limit to 116 yuan per share [26] - Defu Technology plans to repurchase shares for 75 million to 150 million yuan [26] Group 17 - ST Chengchang's stock will resume trading on January 16 after completing a trading fluctuation investigation [27] - Zhi Te New Materials will also resume trading on January 16 after confirming no major changes in business operations [27] - Lio Co. will suspend trading starting January 16 for stock fluctuation investigation [27]

（文章来源：证券日报） 证券日报网讯 1月15日，中原内配发布公告称，公司第十一届董事会第五次会议审议通过《关于收购联 营企业河南中原吉凯恩气缸套有限公司59%股权的议案》。 ...

格隆汇1月15日丨中原内配(002448.SZ)公布，为实现公司战略目标、强化产业链布局，提高公司市场竞 争力和盈利水平，公司拟与 GKN Industries Limited 签署《股权转让协议》以及《股权转让协议之补充 协议》，以人民币14,341.20万元收购与 GKN Industries Limited 持有河南中原吉凯恩气缸套有限公司 （简称"中原吉凯恩"或"目标公司"）59%的股权。本次交易完成后，中原吉凯恩将成为公司的全资子公 司，并纳入公司合并报表范围。 中原吉凯恩是全球发动机"同步设计、同步研发、同步量产"的汽车零部件制造企业，专注于大缸径气缸 套的研发、生产及销售，产品广泛应用于发电机组、重型卡车、工程机械、船舶等领域，目前年产能达 500万只。中原吉凯恩与康明斯、卡特彼勒、斯堪尼亚、帕卡、戴姆勒、帕金斯、INNIO等国际知名企 业建立稳定合作关系，行业认可度与品牌影响力稳居前列。 ...

中原内配(002448)1月15日公告，公司拟与GKN Industries Limited 签署协议，以1.43亿元收购其持有的公 司联营企业河南中原吉凯恩气缸套有限公司（简称"中原吉凯恩"）59%的股权。交易完成后，中原吉凯 恩将成为公司的全资子公司，并纳入公司合并报表范围。 ...