Core Insights - The article highlights the rapid integration of generative AI into the automotive industry, with over 50 domestic car brands equipping more than 130 models with AI large models by mid-2025, achieving an installation rate of nearly 16% [4] - The global smart connected vehicle market is projected to reach $1.5 trillion (approximately 10.6 trillion RMB) by 2025, with expectations to grow to $6.7 trillion by 2032 [5] - Qianli Technology announced its strategic focus on "AI + Car," aiming to develop intelligent driving, smart cockpit, and smart mobility solutions, transitioning from L2+ to L4 level intelligent vehicles [5][10] Company Strategy - Qianli Technology's chairman emphasized that future vehicles will evolve into intelligent robotic carriers, marking the beginning of a significant transformation in the automotive industry [10] - The company reported a revenue of 4.184 billion RMB in the first half of 2025, a year-on-year increase of 40.04%, driven by strong sales in its automotive and motorcycle segments [11] - Qianli Technology plans to launch its first public offering of H-shares on the Hong Kong Stock Exchange [12] Product Development - Qianli Technology introduced the "Qianli Intelligent Driving 1.0" platform, which includes various configurations to meet different vehicle needs, with the flagship version offering up to 700 TOPS of computing power [14] - The company aims to release the L3 level intelligent driving solution, "Qianli Intelligent Driving 2.0," by the end of this year, redefining the standards for intelligent driving technology [14] - Qianli Technology is developing a universal AI intelligent driving solution that does not rely on high-precision maps, enabling seamless driving in complex environments [17] Market Trends - The penetration rate of new passenger cars equipped with combined driving assistance systems in China reached 62.6% in the first seven months of 2025, an increase of 40 percentage points compared to the same period in 2021 [29] - The article suggests that the next three years will be crucial for the development of autonomous driving technologies, with significant changes expected in the industry landscape [29] - By 2028, the overall scale of the "AI + Car" market is expected to exceed 21.2 million units [32]

Core Insights - The event "AI Chongqing Smart Driving Night and Qianli Technology Brand Launch" was held in Chongqing, where Qianli Technology and Geely discussed opportunities in the integration of AI and automotive technology [1] - Qianli Technology has completed the first step of its AI strategic transformation, establishing a comprehensive business layout in smart driving, smart cockpit, and smart mobility within a year [2] Group 1: AI Strategic Transformation - Qianli Technology's AI strategy focuses on smart driving systems driven by AI large models, with significant future applications in smart cockpits [2] - The company aims to achieve rapid popularization of Robotaxi services in the next three years, with plans to deploy over 1,000 Robotaxis in single cities globally within 18 months [2] Group 2: Long-term Development Plans - The "Qianli Plan" aims to connect smart terminals across various scenarios such as home, travel, retail, and factories, enhancing comfort, convenience, and efficiency for users [3] Group 3: Industry Innovation System - Qianli Technology is building an "AI+" industry innovation system, leveraging Chongqing's strong industrial chain advantages to become a world-class technology company [4] - The company has recently attracted investment from Mercedes-Benz, which acquired a 3% stake for approximately 1.339 billion yuan, indicating potential strategic collaboration in smart driving and cockpit technologies [4] Group 4: Internationalization Strategy - Qianli Technology plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance its global strategy and international brand image [5] - The company aims to become an international AI technology platform, focusing on deep collaboration with top global OEMs to empower smart driving solutions [5]

Core Viewpoint - The integration of AI technology with the automotive industry is at a historic turning point, with significant advancements expected in smart driving and smart cockpit systems driven by AI models [3][4]. Group 1: Industry Trends - Major industry players like OpenAI, Qualcomm, Huawei, and Alibaba are actively discussing trends in edge AI and computing power growth [3]. - The automotive sector is increasingly merging AI technology, with a focus on enhancing user experience through intelligent driving and cockpit systems [3][4]. Group 2: Company Strategy - The company aims to release an L4-level smart driving solution by mid-next year and collaborate with Geely to develop dedicated hardware for Robotaxi [4]. - Plans include launching a commercial Robotaxi service in 10 cities globally within the next 18 months, with over 1,000 Robotaxis deployed in a single city to achieve commercialization [4]. Group 3: Technical Insights - The current size of mainstream in-vehicle intelligent driving models is in the 10 billion parameter range, while large language models range from 100 to 1,000 billion parameters [4]. - The company identifies a significant growth opportunity in applying large language models and multi-modal models to intelligent driving, which could unlock substantial incremental value [4][5]. Group 4: Challenges and Considerations - The industry faces challenges in computing power and data availability, with current in-vehicle computing capabilities limited compared to cloud computing [5]. - There is a belief that the industry is overly focused on chips, as AI chips are simpler in design compared to traditional CPUs and GPUs, and the future lies in sustainable business models rather than just chip production [5][6].

Market Overview - On September 29, the motorcycle and other sectors experienced a decline of 2.19%, with Qianli Technology leading the drop [1] - The Shanghai Composite Index closed at 3862.53, up 0.9%, while the Shenzhen Component Index closed at 13479.43, up 2.05% [1] Stock Performance - Key stocks in the motorcycle sector showed varied performance, with Zhonglu Co., Ltd. closing at 10.48, up 3.05%, and Qianli Technology closing at 12.42, down 5.55% [1][2] - The trading volume and turnover for notable stocks included: - Zhonglu Co., Ltd.: 107,400 shares, 113 million yuan - Qianli Technology: 1,073,500 shares, 1.334 billion yuan [1][2] Capital Flow - The motorcycle and other sectors saw a net outflow of 262 million yuan from main funds, while retail investors contributed a net inflow of 202 million yuan [2] - The capital flow for specific stocks indicated: - Jianghui General: Main funds net inflow of 11.57 million yuan, retail net inflow of 766.81 million yuan [3] - Qianli Technology: Main funds net outflow of 5.55% [2][3]

Core Insights - The article highlights the explosive growth of smart connected vehicles as a key application of AI technology, with Qianli Technology announcing its strategic shift from traditional manufacturing to an AI-driven enterprise [1][2] - Qianli Technology's chairman, Yin Qi, unveiled the "AI + Grand Blueprint - Qianli Plan," marking the company's first public vision and achievements in the AI sector since its rebranding [1] Group 1: Company Strategy and Vision - Qianli Technology aims to create a harmonious future between AI and humanity, focusing on a vision encapsulated in "One Brain, One OS, One Agent," which includes a large model-driven AI brain, a unified operating system, and a highly intelligent assistant [1] - The company has made significant progress in its "AI+" strategic transformation, achieving a comprehensive layout in smart driving, smart cockpit, and smart mobility within a short timeframe [2] Group 2: Technological Developments - In the smart driving sector, Qianli Technology's AI-driven system successfully completed real-world tests in challenging conditions, demonstrating a smooth and safe driving experience [2] - The smart cockpit initiative leverages multimodal large models to create a new generation of intelligent cockpit systems, enhancing human-vehicle interaction [2] Group 3: Market Position and Future Plans - Qianli Technology plans to accelerate the development of L4-level autonomous driving and aims to establish a comprehensive operational platform for Robotaxi services, targeting large-scale operations in over 10 cities globally within 18 months [2] - The company benefits from Chongqing's robust manufacturing base and industry chain, positioning it as a significant player in China's smart connected vehicle development [3]

Group 1 - The core event was the "AI Chongqing Intelligent Driving Night and Qianli Technology Brand Launch Conference," where Qianli Technology and Geely discussed opportunities for the integration of AI and automotive technology [1][2] - Qianli Technology, formerly known as Lifan Technology, has undergone a strategic transformation since its rebranding in February 2025, focusing on AI and international development [1][2] - The company aims to complete a comprehensive Robotaxi industry layout within 18 months, including the development of L4 autonomous driving solutions and partnerships with leading mobility service providers [2][3] Group 2 - Qianli Technology's new brand name "AFARI" and logo signify a new phase in its development and commitment to future aspirations [2] - The "Qianli Plan" envisions a future where AI coexists harmoniously with humanity, integrating various scenarios such as home, travel, retail, and factories into a unified intelligent system [3][4] - The company aims to leverage Chongqing's strong industrial chain advantages to build an industry-leading "AI+" innovation system, aspiring to become a world-class technology company [4]

Group 1 - The core viewpoint of the article emphasizes the importance of AI in transforming the automotive industry, with a focus on collaboration and innovation to enhance safety and efficiency [2][3]. - Geely Holding Group's chairman, Li Shufu, highlighted the significance of finding intelligent leaders like Qian Li Technology's chairman, Yin Qi, to drive the company's mission towards a broader future [2]. - The event marked the launch of Qian Li Technology's "AI +" blueprint, known as the "Afari Plan," which signifies the company's commitment to intelligent and international development [3]. Group 2 - Li Shufu pointed out the necessity for traditional automotive companies to integrate AI technology to achieve significant advancements, suggesting a future where vehicles seamlessly connect with low-altitude flying and watercraft [2]. - Qian Li Technology aims to capitalize on the upcoming three-year period for the popularization of Robotaxi, planning to complete a full-chain layout within 18 months, including L4 autonomous driving development and collaboration with Geely [3]. - The company targets to deploy over 1,000 Robotaxis in each of the ten global cities as part of its operational strategy [3].

Core Insights - The event "AI Chongqing Smart Driving Night and Qianli Technology Brand Launch" was held, where Qianli Technology announced its new brand name "AFARI" and logo [1] - Qianli Technology has initiated an "AI+" strategic transformation since its rebranding at the end of last year, focusing on the "Qianli Plan" which aims to create an AI-driven ecosystem [3][4] Company Strategy - The "Qianli Plan" envisions a system comprising "One Brain, One OS, One Agent," which aims to integrate AI capabilities across devices and services [3] - Qianli Technology is leveraging three technological directions: multimodal, end-to-end, and reinforcement learning to enhance its AI capabilities in the "AI+ vehicle" sector [3][4] Product Development - In the smart assisted driving sector, Qianli Technology has developed new solutions based on AI technology, successfully completing real-world challenges in complex driving environments [4] - The smart assisted driving system will be integrated into vehicles from Geely brands such as Galaxy, Lynk & Co, and Zeekr, aiming to achieve scale advantages [4] Future Plans - Qianli Technology plans to complete the full-chain layout for Robotaxi within the next 18 months, anticipating rapid adoption in the next three years due to technological advancements and policy support [4] - The company aims to collaborate with partners to establish large-scale Robotaxi operations in 10 cities globally [4] Industry Context - Chongqing is accelerating its development as a hub for intelligent connected new energy vehicles, with 19 vehicle manufacturers and 1,200 supporting enterprises forming a complete industry chain [5] - The Liangjiang New Area, where Qianli Technology is located, is a key area for AI and software industry development in Chongqing, housing over 6,000 AI and software companies [5]

Core Insights - Mercedes-Benz has invested 1.342 billion yuan to acquire a 3% stake in Qianli Technology, a smart driving company, as part of its strategy to enhance its competitiveness in the Chinese market amid declining performance [1][2][3] Group 1: Financial Performance - In the first half of 2025, Mercedes-Benz's sales revenue decreased by 8.6% year-on-year, and net profit after tax dropped significantly by 55.8%, with sales in the Chinese market declining by 14% [1][2] - The company's overall vehicle sales fell by 6% to 900,000 units, with a 14% decline in China, a 6% drop in the U.S. market to 142,000 units, and a 3% decrease in Europe [2] - Mercedes-Benz's projected revenue for the year is expected to be significantly lower than the previous year due to tariff impacts, alongside challenges in electric and smart transformation [2] Group 2: Strategic Intent - The investment in Qianli Technology aims to accelerate local R&D efforts in response to intense competition in smart driving technology [3] - Qianli Technology's core business, smart driving, is supported by a joint venture called Qianli Zhijia, which is becoming a unified and independent smart driving technology platform within the Geely ecosystem [3] - Mercedes-Benz is pursuing a dual-track strategy in China, collaborating with Momenta to develop a new generation of advanced driver-assistance systems, set to debut in the upcoming all-electric CLA model [3] - The investment reflects a shift in the Chinese smart driving technology landscape from "importing" to "exporting," with other global automakers also increasing partnerships with local smart suppliers [3]

Core Insights - The company has launched a new brand name "AFARI" and logo, indicating a strong commitment to accelerate AI integration and international development [2] - Since its rebranding and AI integration last year, the company has implemented an "AI+" strategic transformation, leveraging its manufacturing base in Chongqing and partnerships in the automotive sector [2] - The company has established a comprehensive business layout in intelligent driving, intelligent cockpit, and smart mobility within a year [2] Intelligent Driving - The intelligent driving system is transitioning to a development phase driven by AI large models [2] - The technology route balances performance and cost effectively, showcasing sustainable implementation prospects [3] Intelligent Cockpit - The combination of large models and cockpit technology is expected to significantly enhance user experience, with customer value projected to be on par with intelligent driving [2] Smart Mobility - With technological iterations, cost reductions, and policy openness, Robotaxi is anticipated to enter a rapid popularization phase in the next three years [2] - The company aims to complete the full-chain industrial layout for Robotaxi within the next 18 months [2]