Group 1 - The core point of the article is the appointment of Wan Liangyu as the new General Manager of Mengshi Technology, following the transition of the former General Manager, Cao Dongjie, to a role at Dongfeng Honda [1][2] - Wan Liangyu has held various significant positions within Dongfeng, including Chief Engineer at Dongfeng Automotive Company Technology Center and Vice General Manager at Mengshi Technology [2] - Following his appointment, Wan Liangyu engaged in discussions with Huawei's leadership, emphasizing the importance of collaboration in the fields of smart and electric vehicle integration [2][3] Group 2 - Mengshi Technology's partnership with Huawei began in 2024, with a strategic cooperation agreement signed in February, focusing on product development, technology innovation, and marketing [2] - The first collaborative vehicle, Mengshi M817, is set to be launched in 2025, marking a significant milestone in the partnership between Mengshi Technology and Huawei [2] - As the collaboration between Dongfeng and Huawei deepens, Mengshi Technology aims to explore new paths in product definition, marketing, and ecosystem services for smart vehicles [3]

Core Viewpoint - The meeting between Dongfeng Motor and Huawei marks a significant step in their strategic collaboration, focusing on deepening cooperation in product definition, intelligent technology, and marketing, while also innovating corporate governance and operational mechanisms [1][3]. Group 1: Strategic Collaboration - Dongfeng Motor and Huawei will work together in product definition, intelligent technology, and marketing, exploring new paths for state-owned enterprises' market-oriented operations [3]. - The partnership signifies a transition from "technology empowerment" to "system integration," with the successful launch of the Mengshi M817 as a cornerstone for setting competitive standards in the intelligent off-road vehicle segment [3][4]. - The collaboration reflects China's strategic determination to penetrate the global high-end automotive market, especially during the critical transition from "electrification" to "intelligentization" in the new energy vehicle sector [3]. Group 2: Product Success and Market Impact - The Mengshi M817, co-developed by Dongfeng and Huawei, achieved remarkable market success, with over 9,700 pre-orders within one hour and more than 3,700 firm orders within five hours of its launch, establishing itself as the top-selling hard-core off-road SUV priced above 300,000 yuan [3]. - This model's performance disrupts the traditional fuel off-road vehicle monopoly in the high-end market, showcasing the effectiveness of the collaboration [3]. Group 3: Future Directions - Dongfeng is committed to advancing its transition to new energy and intelligent technologies, with plans to deepen strategic collaboration with Huawei to address industry changes and market challenges [4]. - The partnership aims to create a "brand co-construction and ecological co-prosperity" model, focusing on smart driving and smart cockpit technologies while exploring market-oriented operational paths [4]. - The unique collaboration model between Dongfeng and Huawei combines the rugged brand identity of Mengshi with Huawei's advanced technology, achieving a synergistic market effect [4][5].

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。 一、董事会会议召开情况 东风汽车股份有限公司（以下简称"公司"）第七届董事会第十七次会议于2025年9月23日以通讯表决的 方式召开，会议通知于2025年9月18日以电子邮件的方式送达全体董事。本次会议应当参加表决的董事9 名，实际参加表决的董事9名，会议的召集、召开和表决程序符合有关法律、法规和《公司章程》的规 定。 二、董事会会议审议情况 （一）关于公司襄阳工厂一厂区闲置设备资产处置的议案 该议案需要提交股东会审议。 表决票：9票，赞成票：9票，反对票：0票，弃权票：0票。 特此公告。 东风汽车股份有限公司董事会 2025年9月25日 表决票：9票，赞成票：9票，反对票：0票，弃权票：0票。 （二）关于调整公司2025年度投资计划的议案 同意在公司2025年度投资计划中增加V7明窗车型项目投资发包预算5,003万元，支付预算1,470万元；调 整后，公司2025年度投资发包预算100,119万元，2025年度投资支付预算39,711万元。 ...

Core Viewpoint - Dongfeng Motor Corporation has evolved from the "Second Automobile Manufacturing Plant" established in 1969 to a global automotive player, marking significant milestones in its production and innovation journey, including the recent production of its 60 millionth vehicle in September 2024 [1][3]. Group 1: Historical Milestones - The first vehicle, the EQ240, was produced in 1975, marking the beginning of Dongfeng's automotive production capabilities [5]. - By 1987, Dongfeng became the first domestic manufacturer to exceed an annual production of 100,000 vehicles, showcasing rapid growth in the industry [9]. - The company reached a significant milestone with the production of its one millionth vehicle in April 1991, demonstrating its rapid expansion within 16 years [11][13]. Group 2: Product Development and Market Impact - In 1978, Dongfeng successfully produced the EQ140, which captured two-thirds of the market share in China's road transportation during the 1980s, significantly contributing to the industry's growth [7]. - The company transitioned from primarily producing trucks to a more diversified product range, including passenger vehicles, reflecting a strategic shift in its business model [16]. - Dongfeng's introduction of the EQ2050 military vehicle in 2003, later known as the Dongfeng Warrior, highlighted its commitment to innovation and technology, earning national recognition [20]. Group 3: International Expansion and New Energy Focus - Dongfeng began its international expansion in 1992, establishing partnerships and exporting vehicles, thus integrating into the global automotive market [13][15]. - The establishment of a dedicated new energy vehicle division in recent years indicates Dongfeng's strategic focus on electric and intelligent vehicle development, aligning with global trends towards sustainability [25]. - The company has actively participated in international auto shows, showcasing its advancements in new energy vehicles and promoting "Chinese manufacturing" on a global scale [30][31].

每经AI快讯，东风股份（SH 600006，收盘价：7.71元）9月24日晚间发布公告称，公司第七届第十七次 董事会会议于2025年9月23日以通讯表决的方式召开。会议审议了《关于公司襄阳工厂一厂区闲置设备 资产处置的议案》等文件。 每经头条（nbdtoutiao）——"9·24"一周年，A股总市值破116万亿元！四大变革重塑中国资本市场新生 态 （记者 张明双） 2024年1至12月份，东风股份的营业收入构成为：汽车行业占比99.59%，其他业务占比0.41%。 截至发稿，东风股份市值为154亿元。 ...

证券代码：600006 证券简称：东风股份 公告编号：2025--058 东风汽车股份有限公司 第七届董事会第十七次会议决议公告 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。 一、董事会会议召开情况 该议案需要提交股东会审议。 表决票：9 票，赞成票：9 票，反对票：0 票，弃权票：0 票。 特此公告。 东风汽车股份有限公司董事会 2025 年 9 月 25 日 东风汽车股份有限公司（以下简称"公司"）第七届董事会第十 七次会议于 2025 年 9 月 23 日以通讯表决的方式召开，会议通知于 2025 年 9 月 18 日以电子邮件的方式送达全体董事。本次会议应当参 加表决的董事 9 名，实际参加表决的董事 9 名，会议的召集、召开和 表决程序符合有关法律、法规和《公司章程》的规定。 二、董事会会议审议情况 （一）关于公司襄阳工厂一厂区闲置设备资产处置的议案 表决票：9 票，赞成票：9 票，反对票：0 票，弃权票：0 票。 （二）关于调整公司 2025 年度投资计划的议案 同意在公司2025年度投资计划中增加V7明窗车型项 ...

Market Overview - The commercial vehicle sector experienced a decline of 0.25% on September 24, with Hanma Technology leading the drop [1] - The Shanghai Composite Index closed at 3853.64, up 0.83%, while the Shenzhen Component Index closed at 13356.14, up 1.8% [1] Individual Stock Performance - Jiangling Motors saw a closing price of 21.60, with a rise of 5.11% and a trading volume of 222,100 shares, totaling a transaction value of 486 million [1] - China National Heavy Duty Truck Corporation closed at 17.55, up 3.91%, with a trading volume of 258,800 shares and a transaction value of 447 million [1] - JAC Motors closed at 51.26, increasing by 2.38%, with a trading volume of 693,800 shares and a transaction value of 3.547 billion [1] - Hanma Technology closed at 7.99, down 4.43%, with a trading volume of 1,231,500 shares and a transaction value of 999.7 million [2] Capital Flow Analysis - The commercial vehicle sector saw a net inflow of 195 million from institutional investors, while retail investors experienced a net outflow of 77.42 million [2][3] - Major stocks like JAC Motors had a net inflow of 278 million from institutional investors, while it faced a net outflow of 160 million from retail investors [3] - China National Heavy Duty Truck Corporation had a net inflow of 23.18 million from institutional investors, with retail investors showing a net outflow of 944,800 [3]

Core Viewpoint - The "Light Truck First Influence Index" in August 2025 shows a significant decline in scores compared to both the previous month and the same month last year, indicating a downward trend in market influence among major light truck brands in China [1]. Group 1: Influence Index Scores - The total score for the "Light Truck First Influence Index" in August 2025 was 1309, a decrease of 21.8% from July 2025's score of 1674 and a 27.8% decline from August 2024's score of 1812 [1]. - The average weekly score for August indicates a consistent decline compared to both the previous month and the same month last year [1]. Group 2: Brand Rankings - The top three brands in the August 2025 "Light Truck First Influence Index" were: 1. Jianghuai 1 Card with a score of 256 2. Dongfeng Light Truck with a score of 254 3. FAW Jiefang Light Truck with a score of 212 [3][12]. - Other notable brands included China National Heavy Duty Truck HOWO at fourth with 156 points, and Foton Aoling at fifth with 123 points [3][12]. Group 3: Market Activities - Despite being a traditionally slow season, light truck sales continued to grow in August 2025, with various brands actively engaging in marketing activities [4]. - Jianghuai delivered a record 2470 units of 4.2-meter new energy box trucks to KuaYue Express, marking a significant collaboration in green logistics [5]. - Dongfeng Light Truck launched a series of promotional events, including a large-scale tour and product showcases, enhancing brand visibility [9][14]. Group 4: Brand Innovations and Collaborations - Jianghuai 1 Card held multiple solution release events across ten cities, focusing on innovative transport solutions for various market segments [13]. - China National Heavy Duty Truck HOWO promoted its new energy models and organized a fuel efficiency competition to engage customers [16]. - Qingling Light Truck signed a strategic cooperation agreement for its new electric refrigerated trucks, enhancing its position in the cold chain logistics market [18].

Core Viewpoint - The recent high-level meeting between Dongfeng Motor and Huawei signifies a deepening strategic collaboration aimed at enhancing competitiveness in the automotive industry, particularly focusing on electric and intelligent vehicles [1][2][4]. Group 1: Strategic Collaboration - Dongfeng Motor's Chairman Yang Qing led a delegation to meet with Huawei's founder Ren Zhengfei, discussing topics such as strengthening strategic trust, deepening cooperation, and innovating corporate governance and operational mechanisms [2][4]. - The meeting highlighted the importance of the partnership, indicating that Dongfeng views collaboration with Huawei as a top-level strategy rather than mere technology procurement [5]. - Both parties emphasized the need for safety in automotive manufacturing, with Ren Zhengfei stating that the essence of the automotive industry is to produce safe vehicles [4][6]. Group 2: Areas of Focus for Future Cooperation - The collaboration between Dongfeng and Huawei, which began in 2018, is set to intensify in several key areas, including deep integration of intelligent technology and the establishment of a joint innovation laboratory [7]. - The partnership aims to co-create smart off-road vehicles under the Dongfeng brand, with the first model, the Mengshi M817, achieving significant pre-sale success [7][8]. - The collaboration will extend beyond vehicle development to encompass full value chain digitalization and smart upgrades, leveraging Huawei's expertise in cloud computing, big data, and industrial IoT [10]. Group 3: Management and Operational Innovations - Dongfeng plans to adopt Huawei's Integrated Product Development (IPD) methodology, indicating a shift from hardware-focused collaboration to a deeper integration of management practices [6]. - The discussions included talent cultivation and operational mechanism innovations, aiming to enhance Dongfeng's overall research and development efficiency and innovation capabilities [6][10]. - The partnership is evolving from a simple model of "Dongfeng provides vehicles, Huawei provides technology" to a more integrated approach focused on co-creation and mutual benefits [10].

Core Insights - The collaboration between Dongfeng and Huawei has entered a deep synergy phase, with a clear focus on accelerating the development of the Mengshi brand in the smart off-road vehicle sector [1][4][14] - The partnership has evolved from a simple technology supply model to a deeper integration of systems, showcasing a new path for collaboration between automotive and ICT companies [7][9] Group 1: Strategic Meetings - The recent meeting between Dongfeng Chairman Yang Qing and Huawei Founder Ren Zhengfei signifies a new height in their cooperation, focusing on enhancing strategic trust and operational innovation [4][6] - The appointment of Wan Liangyu as the new general manager of Mengshi Technology highlights Dongfeng's commitment to top-level design for the brand's accelerated development in the smart off-road market [4][6] Group 2: Technological and Market Innovations - The collaboration has created a complete closed loop from technology research and development to product launch and market validation, with the Mengshi M817 achieving significant market success since its launch [3][10] - The Mengshi M817 has set a new standard in the market, achieving impressive pre-sale numbers and becoming the top-selling luxury off-road SUV in its category [12][13] Group 3: Future Outlook - The partnership aims to define industry standards for smart off-road vehicles, moving from niche to mainstream markets, with a focus on developing a diverse product matrix [10][12] - The successful testing of the Mengshi M817 in extreme conditions validates its reliability and paves the way for more scenario-based technological solutions [10][12]