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]

Group 1 - The CINE2025 Solid-State Battery Exhibition and Industry Annual Conference is scheduled for November 6-8, 2025, at the Guangzhou Nansha International Convention Center, featuring over 200 exhibitors and 20,000 professional attendees [2] - The event will include the 2025 Qidian Solid-State Battery Golden Ding Award Ceremony and the SSBA Solid-State Battery Industry Alliance Council [2] - A list of first batch exhibitors and sponsors includes companies such as Jin Na Technology, Ru Tian Technology, and Ningde Times, among others [2] Group 2 - On October 14, JD Weibo announced a collaboration with GAC and CATL to launch a new car, with test drives starting at the end of October and an official announcement on November 9 [3] - The article discusses the impact of China's lithium battery export controls, which may reshape the global lithium battery landscape [5]

10月14日，接近广汽埃安的知情人士向第一财经表示，广汽埃安UT的换电版本将与京东、时代电服联 合推出。今日，京东汽车宣布将联合宁德时代旗下的时代电服和广汽集团共同推出一款车。该车型将于 京东11.11期间正式发布，并在京东进行独家销售。 ...

Core Insights - JD.com, in collaboration with GAC and CATL, will launch a new vehicle during the 2025 "11·11" shopping festival, with test drives starting at the end of October [1][2] - The vehicle will be exclusively sold on JD.com, integrating JD's user insights with GAC's manufacturing capabilities and CATL's battery technology to address consumer pain points [2] Group 1 - The new vehicle aims to achieve breakthroughs in safety, battery technology, service offerings, and pricing, focusing on performance safety, stylish design, long-range capability, and affordability [2] - The collaboration seeks to create a one-stop automotive consumption model, making the car buying process as convenient as purchasing a smartphone [2] - JD.com has registered multiple trademarks related to "JD Auto," indicating a strategic move into the automotive sector [6] Group 2 - JD.com announced Liu Yuning as its new brand ambassador, which has garnered significant attention [4]