新华社曼谷11月11日电 通讯｜中泰合作助力泰国新能源汽车人才培养 新华社记者高博 在泰国东北皇家理工大学的新能源汽车培训中心，30多名学生围在中国新能源汽车旁，专注地听教师素 帕措讲解如何检测新能源汽车故障。同时，故障诊断实训平台的大屏幕上用中文、泰语、英语等语言介 绍着知识要点。 素帕措告诉记者，该培训中心是泰国第一个新能源汽车培训基地，东北皇家理工大学也是泰国第一个开 设新能源汽车专业的大学。"广汽为培训基地和学校提供了车辆、检测设备和课程等方面支持，让学生 们能够更好地学习和操作。我也曾去广州培训进修，了解新能源汽车的前沿趋势。" 2024年11月，广汽与泰国东北皇家理工大学、泰国智乐国际教育集团以及腾讯共建的泰国首个专注于新 能源汽车人才培养的培训中心正式启用。 泰国东北皇家理工大学校长哥西·西布通表示，作为集理论学习、实践操作、技术研发为一体的综合性 平台，该培训中心致力于为泰国学生及汽车行业从业人员提供新能源汽车技术教育资源，自启用以来已 培训300多名大学生。 泰国是东南亚地区重要汽车生产国，正大力发展电动化，目标是到2030年电动汽车产量占全国汽车总产 量的30%。 责编：李磊、卢思宇 泰国 ...

Core Insights - CATL and GAC Group have signed a comprehensive strategic cooperation agreement to deepen collaboration over the next decade, focusing on building a synergistic industrial ecosystem [1][3] - CATL has also established long-term strategic partnerships with several leading automakers, including Geely, Jiangqi Group, Li Auto, Dongfeng Commercial Vehicle, and Shouqi Group, with a significant emphasis on battery swapping services [1][7] Group 1: Strategic Cooperation - The ten-year cooperation between CATL and GAC Group aims to leverage their strengths in manufacturing, technology, resources, and market access to create a systematic ecosystem and a new collaborative development model [3][4] - The partnership will enhance research and development in smart chassis and battery swapping, supporting GAC's passenger vehicle brands in developing competitive electric vehicle products [3][4] Group 2: Battery Swapping Focus - Battery swapping has emerged as a key focus area, with CATL signing long-term agreements that include provisions for high-quality battery supply and battery swapping services [7] - CATL's collaboration with Shouqi Group includes initiatives in electric vehicle transformation, after-sales service, battery recycling, and charging/swapping infrastructure [7] - CATL plans to establish a network of 1,000 battery swapping stations across 45 cities by the end of 2025, expanding to over 2,500 stations by 2026, with a long-term goal of 30,000 stations [7]

Group 1 - The banking industry is experiencing a wave of app shutdowns, particularly in the credit card and direct banking sectors, as banks begin to streamline their digital offerings [3][4] - Many independent banking apps, initially launched to attract users, have resulted in high download rates but low daily active users, leading to inefficiencies and increased compliance costs [4] - The credit card industry is entering a contraction phase due to weakened consumer spending, prompting some banks to close their credit card apps [4] Group 2 - The Chinese government has successfully launched a group of 13 low-orbit satellites for internet connectivity, marking a significant achievement in the country's space capabilities [9] - The film industry in China has seen a total box office revenue of 450 billion yuan as of November 10, 2025, indicating a strong performance in the market [8] - TSMC reported a 16.9% year-on-year increase in sales for October, with a total revenue of approximately 367.47 billion NTD [22]

Core Insights - JD.com has launched its first joint venture vehicle, the Aion UTsuper, in collaboration with GAC Group and CATL after 13 years in the automotive accessories sector [1][2] - The vehicle is priced starting at 49,900 yuan for the battery rental version and 89,900 yuan for the full purchase version, utilizing a car-battery separation sales model [2][5] - The Aion UTsuper features a wheelbase of 2750mm and is equipped with Huawei's cloud vehicle system, marking its first application in a mass-produced vehicle [2][6] Pricing and Sales Model - The Aion UTsuper's pricing strategy includes a promotional price of 45,400 yuan during the Double Eleven shopping festival, with a monthly battery rental fee reduced to 399 yuan from 499 yuan [2][4] - The vehicle will be exclusively sold online through JD.com, with a focus on integrating user data and government subsidies into the purchasing process [6][7] Collaboration Structure - The partnership involves clear roles: GAC Group handles vehicle manufacturing, JD.com manages online sales and user data, and CATL provides battery technology [6][8] - JD.com plans to expand its vehicle offerings under the "National Good Car" standard, indicating future models will be introduced based on user diversity [6] After-Sales and Warranty - GAC Group is responsible for after-sales service and vehicle warranty, with lifetime warranty options for the battery depending on the purchase model [7][8] - JD.com has established over 3,000 offline service locations to support after-sales maintenance for the Aion UTsuper [7] Market Challenges - The Aion UTsuper's low pricing strategy faces competition from established models in the A0 electric vehicle market, where brands like BYD and Geely have strong sales [9][10] - The vehicle's unique selling point, the "99-second rapid battery swap," relies heavily on the development of a comprehensive battery swap network, which is still in progress [10] Sales Strategy and Market Position - GAC Group is adopting an aggressive pricing strategy to boost sales, having previously reduced prices on other models significantly [11] - The collaboration aims to leverage JD.com's platform to enhance market penetration and sales recovery amid declining overall sales for GAC Group [11]

Core Insights - The core point of the article is that JD.com, in collaboration with GAC and CATL, has launched the Aion UT Super at a competitive price, aiming to reshape the electric vehicle ecosystem through a comprehensive service network and innovative business models [1][5][6]. Pricing Strategy - The rental version of the Aion UT Super is priced at 49,900 yuan, which is lower than market predictions and the official price range of 69,800 to 101,800 yuan [3][4]. - The battery rental fee is set at 499 yuan per month, with a limited-time offer reducing it to 399 yuan [3]. - Customers who purchase the vehicle can waive the annual battery management service fee of 699 yuan and receive a complimentary battery inspection service valued at 299 yuan [3]. Collaborative Ecosystem - The competitive pricing is a result of the collaboration between JD.com, GAC, and CATL, focusing on channel efficiency, production scale, and battery technology [4]. - JD.com leverages its exclusive sales channels to avoid traditional dealership markups, while GAC benefits from economies of scale in production [4]. Service Network Development - JD.com is actively recruiting new car delivery centers to establish a one-stop service network encompassing sales, delivery, and after-sales services [1][8]. - The company aims to enhance user engagement through maintenance, battery replacement, and other services, indicating a shift from merely selling cars to building a comprehensive ecosystem [6][8]. After-Sales Strategy - JD.com is expanding its after-sales capabilities, having partnered with various electric vehicle brands to provide maintenance and repair services [7]. - The company has opened a technical center in Beijing, certified as a first-class repair enterprise, to offer battery repair services for electric vehicles [7]. Future Outlook - The automotive industry is expected to see increased competition focused on safety and business models, with after-sales services becoming a critical competitive factor [1][8]. - JD.com plans to introduce more vehicle models that meet its "National Good Car" standard, aiming to cater to diverse consumer needs [6]. - The company faces challenges in technology investment and collaboration with other automakers, which may impact its ability to establish a competitive edge in the evolving market [8].

人民财讯11月10日电，11月10日，广汽集团（601238）与宁德时代（300750）正式签署全面战略合作协 议。根据协议，广汽集团与宁德时代将开展十年长期合作，以此为基石充分发挥各自在智造、技术、资 源与市场等方面的优势，共同构建体系化生态圈与协同发展新格局。 在具体合作方面，双方将加强智能底盘、换电等领域的研发合作，助力广汽旗下乘用车品牌打造具有竞 争力的新能源汽车产品。此外，双方将在电池租赁、联合建站等业务领域开展长期深度合作。 ...

北京商报讯（记者 蔺雨葳）11月10日，广汽集团发布的公告显示，近日广汽集团与本田、本田中国及 广汽本田订立增资协议，决定将广汽本田的注册资本由5.41亿美元扩大至8.67亿美元。广汽集团、本田 及本田中国将按各自于广汽本田的出资比例，为增资事项合计认缴3.26亿美元。 ...

Core Insights - JD.com, GAC Group, and CATL jointly launched the "National Good Car" Aion UT Super, with a battery rental price of 49,900 yuan and a full vehicle price of 89,900 yuan, significantly lower than market expectations, achieving the goal of "affordable good cars" [1][4] - The vehicle will be exclusively sold on JD.com, allowing users to book test drives and pay deposits through the JD app [1][3] Pricing and Subsidies - The Aion UT Super offers various financial incentives, including government subsidies and brand-specific discounts, with battery rental users receiving a 2,000 yuan subsidy per vehicle and full vehicle buyers receiving a 4,000 yuan subsidy [4][5] - The effective price for battery rental users can drop to 45,400 yuan, while full vehicle buyers can expect a price of approximately 85,900 yuan after subsidies [4] Value-Added Services - The three parties introduced additional value-added services, such as a limited-time reduction in battery rental fees from 499 yuan to 399 yuan per month, and discounts on battery management service fees for full vehicle buyers [5] - Early adopters can also benefit from exclusive offers, including a special new car package and discounted insurance rates [5] Price Protection and User Rights - A "180-day price protection" policy guarantees that users who purchase before December 31 will receive a tenfold compensation for any price drops within 180 days after purchase [8] - Additional benefits include full subsidies for vehicle tax in case of delivery delays and a 100% credit for battery rental fees if users decide to buy the battery within three years [8] Strategic Collaboration - The collaboration between JD.com, GAC Group, and CATL integrates JD's user insights and sales capabilities with GAC's manufacturing and CATL's battery technology, aiming to redefine the value standard of "national good cars" [3][8]

Core Viewpoint - GAC Group is advancing its capital operations through GAC Honda by acquiring a 50% stake in Dongfeng Honda Engine and increasing its capital to achieve full ownership, thereby enhancing its supply chain for core components [1][2]. Group 1: Equity Acquisition and Capital Increase - GAC Honda signed a contract with Dongfeng Motor Group on October 30 to acquire a 50% stake in Dongfeng Honda Engine for 1.172 billion RMB (approximately 1.287 billion HKD) [2]. - To achieve full ownership, GAC Honda will increase its registered capital from 541 million USD to 867 million USD, with a total capital increase of 326 million USD (approximately 2.544 billion HKD) [2]. - GAC Group will contribute 50% of the capital increase, amounting to 163.1 million USD (approximately 1.172 billion RMB), while Honda and Honda China will contribute through their existing stakes [2][3]. Group 2: Financial Performance and Valuation of Dongfeng Honda Engine - Dongfeng Honda Engine's revenue is projected to improve significantly, increasing from 9.566 billion RMB in 2023 to 17.852 billion RMB in 2024, with a turnaround from a net loss of 228 million RMB to a profit of 84 million RMB [4]. - The independent valuation of Dongfeng Honda Engine shows a net asset book value of 2.029 billion RMB and an assessed value of 2.345 billion RMB, reflecting an increase of 316 million RMB (15.60%) [3][4]. Group 3: Strategic Implications and Financial Impact - The transaction aims to enhance GAC Honda's integrated operations in the engine sector, improving supply chain stability and reducing transaction costs [4]. - Post-transaction, Dongfeng Honda Engine will be included in GAC Group's consolidated financial statements, supporting the group's transition towards smart and electric vehicle production [4].

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。 GUANGZHOU AUTOMOBILE GROUP CO., LTD. 2238 關連交易 增資協議 背景 於2025年10月30日，本公司重大共同控制實體廣汽本田與東風汽車集團訂立產權交易 合同，據此，東風汽車集團（作為賣方）同意出售而廣汽本田（作為買方）同意收購東風 本田發動機50%的股權，代價為人民幣1,172,485,400元（折合約1,286,847,541港元），該 交易通過廣東聯合產權交易中心公開掛牌轉讓進行。 增資協議 於2025年11月10日，本公司與本田、本田中國及廣汽本田訂立增資協議，據此，廣汽 本田的註冊資本將由541,000,000美元擴大至867,215,960美元。本公司、本田及本田中 國將按彼等各自於廣汽本田之出資比例，為增資事項合計認繳326,215,960美元（折合 約2,544,484,488港元），惟受增資協議之條款及條件所規限。 上市規則之涵義 股權轉讓事項 ...