Core Points - BMW (China) and Brilliance BMW have filed a recall plan with the State Administration for Market Regulation, recalling a total of 1,392 vehicles [1] - The recall includes 1 imported 5 Series vehicle and 379 domestic X5 vehicles, as well as 1,012 domestic 5 Series vehicles, all due to potential safety hazards related to the starter generator's power connector [3] - This recall is an expansion of a previous recall announced on May 9, 2025, which involved 229,100 vehicles due to insulation failure monitoring issues [4] Group 1 - BMW (China) and Brilliance BMW are recalling a total of 1,392 vehicles, including specific models and production dates [1][3] - The reason for the recall is related to a potential loose connection in the starter generator, which could lead to engine stalling or fire hazards [3] - The current recall adds to a previous recall of over 229,000 vehicles, indicating ongoing safety concerns within the company's vehicle lineup [4]

Core Viewpoint - BMW (China) Automotive Trade Co., Ltd. and Brilliance BMW Automotive Ltd. are recalling over 230,000 vehicles due to safety hazards related to the starter generator's power connector, which may lead to engine stalling or fire risks [1][2][3]. Group 1: Recall Details - Recall number S2025M0120V involves 1 imported 5 Series vehicle produced on November 26, 2024 [1]. - Recall number S2025M0121V includes 379 domestic X5 vehicles and 1,012 domestic 5 Series vehicles produced between July 20, 2024, and December 19, 2024 [1][2]. - Recall number S2025M0122V covers 4,609 imported i4 vehicles, 91 imported i5 vehicles, 3,244 imported i7 vehicles, and 7,730 imported iX vehicles produced between December 2, 2020, and December 18, 2023 [2][3]. - Recall number S2025M0123V consists of 95,753 domestic i3 vehicles, 5,657 domestic i5 vehicles, 6,022 domestic iX1 vehicles, and 106,000 domestic iX3 vehicles produced between March 12, 2021, and December 5, 2024 [3]. Group 2: Safety Measures - BMW will provide free inspections and necessary replacements for the starter generator and related cables to eliminate safety hazards [2][4]. - A software upgrade will also be offered for the recalled vehicles to address issues related to the high-voltage system's monitoring mechanism [3][4].

Core Viewpoint - The incident involving the sudden deployment of airbags in a BMW iX3 raises significant concerns regarding vehicle safety and quality, as the owner questions the validity of the manufacturer's findings and considers legal action [1][10]. Group 1: Incident Details - The owner, Ms. Chen, purchased a BMW iX3 for approximately 290,000 yuan and experienced an unexpected airbag deployment while driving at a speed of 118 km/h on a highway [3][7]. - The airbags deployed without any collision, and the owner reported injuries from the impact, leading to a lengthy wait for roadside assistance [3][8]. - The dealership attributed the airbag deployment to a shock wave from a nearby bus that had a tire blowout, claiming that the vehicle's safety systems were functioning correctly [4][9]. Group 2: Manufacturer's Response - The manufacturer, Huachen BMW, provided a report stating that the airbag deployment was triggered by a detected shock wave from the bus's tire blowout, with no technical faults found in the vehicle's safety systems [7][9]. - The report indicated that the pressure sensor readings showed a sudden increase and decrease, which was interpreted as a collision signal [7]. Group 3: Owner's Dispute - Ms. Chen expressed skepticism about the manufacturer's report, citing a lack of data support and questioning the sensitivity of the airbag system [7][10]. - The dealership suggested that Ms. Chen seek a third-party inspection if she disagreed with the findings, but she argued that the responsibility for further testing should not fall on her [10][11]. - The police indicated that they could not determine the cause of the airbag deployment based on the available evidence, as there was no collision [8].

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: Brilliance China Automotive Holdings Limited (於百慕達註冊成立之有限公司) 呈交日期: 2025年8月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01114 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 8,000,000,000 | USD | | 0.01 USD | | 80,000,000 | | 增加 / 減少 (-) | | | | | | USD | | | | 本月底結存 | | | 8,000,000,000 | USD | | 0.01 ...

Group 1 - Hong Kong automotive stocks experienced a short-term rise, with NIO Inc. (09866.HK) increasing by over 10% [1] - XPeng Inc. (09868.HK) saw a rise of more than 3% [1] - Brilliance China Automotive Holdings Limited (01114.HK) rose by over 2% [1]

Core Viewpoint - BMW has established its global information technology research and development center in Nanjing, marking it as the first and only IT R&D center in China and the largest in Asia [1] Group 1: Company Development - The signing ceremony between Nanjing Jianye District People's Government and Brilliance BMW Automotive Ltd. signifies the official establishment of BMW (Nanjing) Information Technology Co., Ltd. [1] - This center is one of six global IT R&D centers of the BMW Group [1] Group 2: Investment and Economic Impact - Nanjing has attracted 304 German-funded projects, with actual foreign investment reaching 2.17 billion USD [1] - The annual revenue of German enterprises in Nanjing has exceeded 45 billion CNY, with total profits amounting to 3.46 billion CNY [1]

Group 1: TCL and Brilliance China Automotive Project - The smart cockpit production base project between TCL Industries and Brilliance China has surpassed the halfway mark in construction [2] - This project represents TCL Group's first industrial landing in Northeast China, with a total investment of 1.4 billion RMB and a construction area of approximately 25,000 square meters [4] - The project aims to produce automotive electronic products, including vehicle display screen assemblies, smart cockpit systems, and intelligent driving domain controllers, with a projected cumulative output value exceeding 10 billion RMB over five years [4] - A joint venture was established between Brilliance's subsidiary and TCL, with each party holding a 50% stake and a total capital of 1.4 billion RMB [4] Group 2: Full Ocean G8.6 Metal Mask Project - The main structure of the Full Ocean G8.6 metal mask project has commenced, with the first pillar successfully installed [5] - The project has a total investment of 500 million RMB and will be built in two phases, with the first phase expected to be completed by June 2026 and an anticipated annual output value of 300 million RMB [7] - Full Ocean Optoelectronics focuses on the production of metal masks for OLED displays and aims to achieve a total annual output value of 600 million RMB upon full production [7] - The company has already achieved trial production of the 8.6 generation OLED FMM products as of December 2024 [7]

Core Viewpoint - The Hong Kong automotive stocks experienced a significant upward trend, with notable gains in several key companies [1] Company Performance - NIO Inc. (09866.HK) saw an increase of over 10% [1] - Li Auto Inc. (02015.HK) rose nearly 4% [1] - Beijing Automotive Group (01958.HK) increased by approximately 2.5% [1] - Geely Automobile Holdings (00175.HK), GAC Group (02238.HK), and Brilliance China Automotive Holdings (01114.HK) all gained over 1% [1]

Core Viewpoint - The sustainable development has become a crucial requirement for automotive companies, not just an additional topic, as they navigate the global green transition [1] Group 1: Sustainable Development Initiatives - BMW's 2024 sustainability report highlights significant achievements in green transformation, including commitments from approximately 200 local suppliers to use renewable energy, resulting in a reduction of about 1 million tons of carbon emissions compared to 2019 [1][4] - The company has made breakthroughs in material innovation, successfully applying new bio-based composite nylon materials in the BMW X3 model and exploring the use of tea leaves for new bio-based materials [1][3] - BMW aims to enhance the use of recycled materials, planning to increase the proportion of recycled aluminum in new model wheels to 70%-75% to further reduce carbon footprint [3][5] Group 2: High-Quality Development Strategies - BMW's core experiences in high-quality development include focusing on core technologies for R&D, adhering to strict product testing, and continuously improving a "smart, efficient, low-carbon" production system [2] - The company emphasizes the importance of collaboration across the entire value chain to achieve sustainable development, with a focus on long-term value creation and innovation [1][4] Group 3: Circular Economy and Resource Efficiency - BMW has implemented effective water resource management, reducing water consumption per vehicle to 1.57 cubic meters and achieving a total recycled water usage of 400,000 cubic meters [5] - The company has achieved zero landfill waste at its Shenyang plant and is actively collaborating with local partners to integrate renewable energy and circular economy practices throughout its value chain [5][4] Group 4: Future Outlook - BMW is committed to leading the transition to sustainable mobility, with the upcoming "New Generation" models set to enhance vehicle efficiency by 20%, charging speed by 30%, and range by 30% [3][6] - The company envisions future mobility as a harmonious coexistence of people, society, and nature, continuing to prioritize responsibility in its operations [6]

Group 1 - Hong Kong automotive stocks experienced an upward trend, with XPeng Motors (09868.HK) increasing by 8.44% [1] - NIO Inc. (09866.HK) saw a rise of over 3% [1] - Other notable gainers included Geely Automobile (00175.HK), GAC Group (02238.HK), and Brilliance China Automotive (01114.HK), which also recorded significant increases [1]