每经AI快讯，港股汽车股今日普涨，截至发稿，赛力斯(09927.HK)涨4.87%，报96.85港元；比亚迪股份 (01211.HK)涨4.56%，报99.8港元；小鹏汽车-W(09868.HK)涨3.83%，报70.45港元；理想汽车- W(02015.HK)涨3.57%，报72.6港元。 ...

方正证券发布研报称，1月受季节性淡季及前期政策抢装透支影响，车市短期承压，但伴随各地置换补 贴政策逐步落地，终端需求有望加速修复。出口延续强劲表现，助力平滑行业波动。预计2026年我国汽 车出口将达634万辆，同比增长约13%，占产量比重有望突破20%。 智通财经APP获悉，汽车股今日普涨，截至发稿，赛力斯(09927)涨4.87%，报96.85港元；比亚迪股份 (01211)涨4.56%，报99.8港元；小鹏汽车-W(09868)涨3.83%，报70.45港元；理想汽车-W(02015)涨 3.57%，报72.6港元。 消息面上，当地时间2月20日，美国最高法院裁定特朗普政府大规模关税政策违法。特朗普先是宣布在 常规关税基础上对全球商品加征10%关税，后又表示原本10%的全球进口关税税率将升至15%。此外， 乘联分会秘书长崔东树表示，中国汽车海外产销体系完成向"产业出海"的关键转型。 ...

在2026年春节联欢晚会上，问界M9以创意节目《手到福来》惊艳亮相，全方位地展现了中国新能源汽 车行业的勃勃生机与崭新气象。 节目中，极具互动性的"转福"手势掀起全民参与热潮，问界M9车阵光影变幻间勾勒出团圆意 象，"福"与"问界山河"点亮夜空，呈现出一场别具一格的"科技送福"视觉盛宴，成为春晚舞台上最令人 印象深刻的亮点之一。这一创意呈现生动诠释了问界"智慧重塑豪华"的品牌理念，同时也彰显了赛力斯 作为新质生产力标杆的硬核实力。 一直以来，赛力斯坚定"软件定义汽车"的技术路线和"用户定义汽车"的市场导向，坚持培育新质生产 力，深耕电动化、智能化核心技术，过去五年，落地了赛力斯魔方技术平台2.0、赛力斯超级增程、赛 力斯智能安全等一系列创新技术成果，构筑起差异化竞争优势，体现了其在新能源汽车领域的深厚积累 与技术引领地位。 在春晚这一全球瞩目的盛会上，赛力斯不仅成功地将品牌形象深植于亿万观众的心中，更向世界展示了 中国新能源汽车行业蓬勃崛起的辉煌成就。未来，赛力斯将继续以新质生产力为引擎，坚持高端化、智 能化发展，持续引领中国新能源汽车产业走向更广阔的舞台。 ...

Core Viewpoint - Chongqing Silis Phoenix Intelligent Technology Co., Ltd. has applied for a patent related to vehicle control technology, specifically a method and system for vehicle visual blind spot compensation, which aims to enhance vehicle perception in complex road conditions [1][2]. Group 1: Patent Application - The patent titled "Vehicle Visual Blind Spot Compensation Control Method, System and Vehicle" was published with the application number CN121545129A, and the application date is December 2025 [1]. - The method involves obtaining visual compensation data for target vehicles in blind spots through a preset network, analyzing this data to determine real-time data streams and positioning information [1]. - The system allows for 3D reconstruction of the environment around the target vehicle, effectively covering blind spots and improving vehicle reliability and perception in complex scenarios [1]. Group 2: Company Overview - Chongqing Silis Phoenix Intelligent Technology Co., Ltd. was established in 2023 and is located in Chongqing, primarily engaged in software and information technology services [2]. - The company has a registered capital of 122.225 million RMB and has participated in two bidding projects, holding 2,840 patent records and two administrative licenses [2].

Group 1 - The core point of the article is that Chongqing Silis Phoenix Intelligent Technology Co., Ltd. has applied for a patent for a method, device, and electronic equipment for handling vehicle abnormal events, which aims to improve the efficiency and real-time detection of vehicle issues [1] - The patent application, published as CN121530818A, was filed on December 2025 and focuses on processing vehicle status data to identify and manage abnormal events without the need for local diagnostic tools [1] - The company was established in 2023 and is primarily engaged in software and information technology services, with a registered capital of 122.225 million RMB [1] Group 2 - The method described in the patent allows for real-time data processing and enhances the efficiency of abnormal event detection, particularly for issues related to vehicle network communication [1] - Chongqing Silis Phoenix Intelligent Technology Co., Ltd. has participated in two bidding projects and holds 2,840 patent information records, along with two administrative licenses [1]

Core Viewpoint - The article discusses the paradox where a company, AITO Wenjie, achieves significant sales milestones while its stock price declines, highlighting the disconnect between strong fundamentals and market performance [1][3][5]. Group 1: Company Performance - AITO Wenjie reached its 1 millionth vehicle production milestone in just 46 months, setting a record for luxury brands and new forces in the automotive industry [3]. - The M9 model has dominated the luxury SUV market for 21 consecutive months, with over 270,000 units delivered, while the M7 and M8 models have also seen substantial sales [3]. - Despite these impressive sales figures, the stock price of Seres has dropped over 30% from a peak of 174.33 yuan, leading to significant losses for investors [3][4]. Group 2: Market Dynamics - The market's expectations were overly optimistic, leading to a situation where the stock price had already factored in future growth, resulting in a sell-off once positive news was released [4]. - Investors are more focused on future growth potential rather than current performance, causing concerns about increased competition and profit growth slowing down, which can lead to premature selling [4]. - Retail investors often attempt to buy at perceived lows, while institutional investors may use positive news to offload shares, creating a disconnect that results in further declines in stock prices [4][5]. Group 3: Investor Sentiment - The article illustrates the emotional turmoil faced by investors who bought shares expecting a rise in stock price due to strong sales, only to experience significant losses instead [4][5]. - It emphasizes the lesson that good sales do not guarantee stock price increases, and that the stock market operates on expectations, valuations, and capital dynamics rather than straightforward sales performance [5].

天眼查资料显示，赛力斯汽车有限公司，成立于2012年，位于重庆市，是一家以从事汽车制造业为主的 企业。企业注册资本1063727.9999万人民币。通过天眼查大数据分析，赛力斯汽车有限公司共对外投资 了10家企业，参与招投标项目26次，财产线索方面有商标信息538条，专利信息4771条，此外企业还拥 有行政许可142个。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 财经频道更多独家策划、专家专栏，免费查阅>> 国家知识产权局信息显示，赛力斯汽车有限公司取得一项名为"车辆轮边扭矩的确定方法、设备及介 质"的专利，授权公告号CN116086826B，申请日期为2023年2月。 ...

Group 1 - The core viewpoint of the articles highlights the successful marketing and technological advancements of the AITO Wenjie M9, which has become a prominent feature in major events like the CCTV Spring Festival Gala [1][2]. - The AITO Wenjie M9 has achieved cumulative deliveries exceeding 270,000 units and has maintained its position as the sales champion in the 500,000 yuan vehicle segment for 21 consecutive months [2]. - In January 2026, the entire AITO model lineup delivered 40,016 units, representing a year-on-year growth of 83% [2]. Group 2 - The AITO brand has shown strong overall growth, with total sales surpassing 420,000 units in 2025 and an average transaction price of 386,000 yuan per vehicle [2]. - AITO Wenjie M9 was the only electric vehicle featured alongside major Chinese manufacturing achievements at the "China Manufacturing '14th Five-Year' Achievement Exhibition" [2]. - Securities firms have recognized AITO's strategic positioning in the high-end market, benefiting from Huawei's support, and have recommended the company as a key player in the high-end passenger vehicle sector [2].

Investment Rating - The investment rating for the automotive industry is "Positive" (maintained) [2] Core Insights - In January 2026, China's new energy vehicle (NEV) exports doubled year-on-year, reaching a historical high for the month, with a growth rate of 103.6%. NEVs accounted for 49.6% of total exports, an increase of 12.5 percentage points year-on-year. BYD led the exports with nearly 100,000 units, while traditional automakers like Geely, Chery, and SAIC also saw over 200% growth in NEV exports [3][25][22]. Summary by Sections New Energy Vehicle Exports - In 2025, China's NEV exports grew by 70%, with plug-in hybrid vehicles (PHEVs) being the core growth driver. The growth rate for PHEVs was 127.5%, significantly higher than the 32.5% for pure electric vehicles (EVs) [14][15]. - January 2026 saw NEV exports reach 28.6 million units, with a year-on-year increase of 103.6%. BYD's exports approached 100,000 units, while Geely, Chery, and others also reported significant growth [25][27]. Industry News - The retail market for passenger vehicles in January 2026 was 1.544 million units, a decline of 13.9% year-on-year. February is expected to see the lowest sales of the year due to the impact of the Spring Festival [31]. - The Ministry of Industry and Information Technology is seeking public opinion on five mandatory national standards related to intelligent connected vehicles and autonomous driving systems [35]. Market Performance - The automotive sector outperformed the market, with the Shanghai and Shenzhen 300 index rising by 0.36% and the automotive sector increasing by 1.74%, ranking 9th among A-share industries [5][40]. - The passenger vehicle index rose by 1.21%, while the commercial vehicle index saw a significant increase of 6.28% [5]. Investment Recommendations - For passenger vehicles, the demand for high-end domestic luxury cars is exceeding expectations, with recommendations for companies like JAC Motors and Seres. Beneficiaries include Geely [6]. - In the auto parts sector, profitability is expected to improve, with recommendations for companies such as Desay SV and Zhejiang Xiantong, while beneficiaries include Weichai Power and Fuyao Glass [6].

Core Viewpoint - The domestic narrow passenger car market in China experienced a retail sales decline of 13.9% year-on-year in January 2026, with sales reaching 1.544 million units, attributed to the end of the 12-year new energy vehicle purchase tax exemption policy, leading to a temporary dip in demand [2][4]. Sales Data Summary Wholesale Sales Rankings (January 2026) - Geely Automobile led with 270,167 units sold, a 1.3% increase, capturing 13.7% market share - BYD Automobile followed with 205,518 units, down 30.7%, holding 10.4% market share - Chery Automobile sold 193,969 units, down 12.0%, with a 9.8% market share - Volkswagen sold 128,001 units, down 1.7%, with a 6.5% market share - SAIC Passenger Vehicle sales increased by 53.6% to 77,421 units, capturing 3.9% market share [6]. Retail Sales Rankings (January 2026) - Geely Automobile again led with 209,661 units sold, down 12.6%, holding 13.6% market share - Volkswagen sold 132,300 units, down 3.5%, with an 8.6% market share - BYD's retail sales dropped significantly by 53.0% to 94,176 units, capturing 6.1% market share - SAIC Volkswagen sold 89,600 units, down 9.3%, with a 5.8% market share - Changan Automobile's sales decreased by 33.5% to 81,074 units, holding 5.2% market share [7]. New Energy Vehicle (NEV) Wholesale Sales Rankings (January 2026) - BYD led NEV sales with 205,518 units, down 30.7%, capturing 23.8% market share - Geely followed with 124,252 units, up 2.6%, holding 14.4% market share - Tesla China sold 69,129 units, up 9.3%, with an 8.0% market share - Chery sold 46,802 units, down 14.9%, with a 5.4% market share - SAIC Passenger Vehicle saw a significant increase of 576.9% to 28,179 units, capturing 3.3% market share [9]. New Energy Vehicle (NEV) Retail Sales Rankings (January 2026) - BYD again led with 94,176 units sold, down 53.0%, holding 15.8% market share - Geely sold 92,135 units, down 21.6%, with a 15.5% market share - Hongmeng Zhixing saw a significant increase of 65.5% to 57,915 units, capturing 9.7% market share - SAIC's sales increased by 83.3% to 40,016 units, holding 6.7% market share - Xiaomi Automobile sold 39,002 units, up 70.3%, with a 6.5% market share [10].