Core Viewpoint - GAC Group has clarified that there are currently no plans to establish a joint venture with JD.com for car manufacturing, despite recent collaboration announcements regarding a new vehicle utilizing CATL's battery technology [1] Group 1: Collaboration Details - The new vehicle will be sold on JD.com's platform and will feature CATL's "chocolate" battery swapping technology [1] - JD.com is primarily responsible for sales and after-sales services, likening the car sales process to selling mobile phones on an e-commerce platform [1] Group 2: Resource Integration - The collaboration aims to leverage JD.com's strengths in user insights and car purchasing and maintenance, alongside GAC's manufacturing capabilities and CATL's battery technology and battery swapping ecosystem [1]

Core Insights - JD.com announced a collaboration with GAC Group and CATL to launch a new car, with official testing and public trials scheduled for late October and a formal announcement on November 9 [1][4] - The new vehicle, referred to as a "national good car," aims to achieve breakthroughs in safety, battery technology, charging services, and pricing [4] Group 1 - JD.com will primarily provide consumer insights and exclusive sales for the new vehicle, without direct involvement in manufacturing [4] - The collaboration integrates JD.com's resources in consumer insights and vehicle services with GAC's manufacturing capabilities and CATL's battery technology and battery-swapping ecosystem [4] - The vehicle will be exclusively sold on JD.com during the "Double 11" shopping festival, with users able to pre-book test drives through the JD app [4] Group 2 - CATL's subsidiary, Times Electric, focuses on battery-swapping solutions and has previously collaborated with GAC on electric vehicle models [6] - JD.com has a long-standing interest in the automotive sector, having invested in NIO in 2015 and established an automotive division in 2021 [6] - The automotive division of JD.com aims to create a complete automotive ecosystem, covering the entire lifecycle of vehicle ownership from purchase to maintenance [6]

Core Insights - JD.com, in collaboration with GAC and CATL, is set to launch a new car model, with test drives starting at the end of October and an official announcement in November [1][3]. Group 1: Project Overview - The project aims to leverage JD.com's strengths in user insights and car-related services, GAC's manufacturing capabilities, and CATL's battery technology to achieve breakthroughs in safety, battery and charging solutions, and pricing [3]. - The collaboration is designed to create a synergistic effect, where the combined strengths of the three companies will provide a better user experience, emphasizing customer satisfaction and safety [4]. Group 2: Consumer Experience - The new car will introduce a flexible purchasing model, moving beyond the traditional "bare car" sales approach. Customers will have options to choose from various packages, including customized versions and additional services, enhancing the overall buying experience [4].

Core Insights - The initial performance report for JD.com's 11.11 shopping festival shows a significant increase in consumer engagement and sales, with active users on the JD app rising by 47.6% year-on-year from October 9 to 10, leading the industry [1] - Major product categories, particularly electronics, saw order volumes increase by over 70% year-on-year, indicating strong consumer demand [1] - The introduction of new products in the home appliance and home goods sectors has led to a remarkable increase in sales, with some categories experiencing over 400% growth [2] Group 1: Sales Performance - JD.com reported that orders for electronic products, including home appliances, smartphones, and computers, surged by over 70% year-on-year [1] - The sales of new home appliance products saw an increase of over 400%, with more than 1,000 brands participating in the "flash new products" initiative [2] - Specific items like large-screen TVs and multi-tub washing machines experienced sales growth exceeding 10 times [2] Group 2: Strategic Collaborations - JD.com announced a collaboration with CATL and GAC Group to launch a new vehicle aimed at addressing consumer pain points, focusing on safety, design, battery life, and affordability [3] - The vehicle will be exclusively sold on JD.com during the 11.11 event, showcasing a shift towards integrating online and offline sales strategies [3] Group 3: Market Trends - The 11.11 shopping festival has seen an earlier start this year, with JD.com beginning its promotions on October 9, five days earlier than last year [3] - The competition among platforms is intensifying, with JD.com and Douyin launching their sales periods earlier, while Tmall extends its promotional period, indicating a shift in consumer purchasing behavior [3][4] - The effectiveness of deep discounts during major sales events may diminish over time, suggesting a need for platforms to focus on user and product strategies rather than just overall sales growth [4]

Core Viewpoint - GAC Group clarifies that there are currently no plans to establish a joint venture with JD.com regarding the new vehicle collaboration, which will utilize CATL's battery technology and be sold on JD's platform [1] Group 1: Collaboration Details - The new vehicle will feature CATL's "chocolate" battery swapping technology and will be sold primarily through JD.com [1] - JD.com is not involved in the research and development phase of the vehicle, focusing instead on sales and after-sales services [1] - The collaboration aims to leverage JD's strengths in user insights and vehicle ownership services alongside GAC's manufacturing capabilities and CATL's battery technology [1]

10月14日，京东宣布，将联合广汽、宁德时代（300750）推出一款汽车，官方将在10月底陆续开启内测版、大众版试驾活动，11月9日新车正式官宣发 布。 ...

Core Viewpoint - JD.com, in collaboration with CATL's Times Electric and GAC Group, is set to launch a new vehicle named "National Good Car" during the Double 11 shopping festival, with exclusive sales on JD's platform. JD will focus on consumer insights and sales, not manufacturing [1][3]. Group 1: Product Development and Features - The "National Good Car" aims to balance stylish design, safety performance, battery life, and affordability, leveraging CATL's battery technology and GAC's manufacturing capabilities [4][5]. - The vehicle will be produced at GAC Aion's new energy vehicle lighthouse factory, ensuring high standards in safety and design [1][5]. Group 2: Consumer Engagement and Sales Model - Consumers can participate in the car's development through JD's app, providing feedback and suggestions, promoting a co-creation model [5]. - A new consumption model will be introduced, allowing users to choose standard models or customize packages that include various services, enhancing the overall purchasing experience [5][6]. Group 3: Strategic Partnerships and Future Plans - The collaboration is part of a broader strategy to integrate supply chain resources and advanced battery technology, aiming for a fully intelligent upgrade from production to service [5][6]. - CATL plans to introduce multiple new models with battery swapping capabilities, indicating a shift towards a more integrated electric vehicle ecosystem [6][8].

Core Insights - JD.com announced a collaboration with GAC Group and CATL to launch a new car, with official testing and public trials starting in late October and a formal announcement on November 9 [1][3] - The new vehicle, referred to as the "National Good Car," aims to achieve breakthroughs in safety, battery technology, and user services, with JD.com focusing on consumer insights and exclusive sales [3] Group 1 - JD.com will not be directly involved in manufacturing but will leverage its resources in consumer insights and vehicle services alongside GAC's manufacturing capabilities and CATL's battery technology [3] - The car will be exclusively sold on JD.com during the "Double 11" shopping festival, with users able to pre-book test drives through the JD app [3] Group 2 - CATL's subsidiary, Times Electric, specializes in battery swapping and has previously collaborated with GAC on electric vehicle solutions [5] - JD.com has been expanding its presence in the automotive sector since 2015, with significant investments and the establishment of its automotive division, which focuses on a full lifecycle service model for car owners [5]

廣州汽車集團股份有限公司 (於中華人民共和國註冊成立的股份有限公司) (股份代號：2238) 香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責 ， 對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明 ， 並 明 確 表 示 ， 概 不 對 因 本 公 告 全 部 或 任 何 部 份 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔任 何 責任 。 董事會 會議日期公告 廣 州 汽 車 集 團 股 份 有 限 公 司（「 本公司 」）董 事 會（「 董 事 會 」）謹 此 宣 佈， 董 事 會 會 議 將 於 二 零 二 五 年 十 月 二 十 四 日 （ 星 期 五 ） 舉 行 ， 董 事 會 將 於 會 上 考 慮 及 批 准（ 其 中 包 括 ） 依 照 中 華 人 民 共 和 國 公 認 會 計 準 則 編 制 的 本 公 司 及 其 附 屬 公 司 截 至 二 零 二 五 年 九 月 三 十 日 止 九 個 月 之 未 經 審 計 的 第 三 季 度 業 ...

Group 1 - BYD is inclined to build its third factory in Europe in Spain due to lower manufacturing costs and a clean energy network, although no final decision has been made yet [2] - JD.com announced a collaboration with CATL and GAC to launch a new car called "National Good Car" during the 11.11 shopping festival, integrating resources for user insights, manufacturing capabilities, and battery technology [2] - The pre-sale price for the Arcfox Alpha T5 extended-range version has been announced starting at 123,800 yuan, featuring a pure electric range of 215 km and a combined range of 1,215 km [2] Group 2 - The China Association of Automobile Manufacturers predicts that by 2025, China's automobile exports are expected to exceed 6.5 million units, with cumulative sales of new energy vehicles surpassing 16 million units, indicating a better-than-expected overall market performance [4]