GEELY AUTO(HK:00175) Zhong Guo Jing Ying Bao·2025-04-26 09:39Core Viewpoint - Geely Auto has announced the integration of its battery business into a new battery industry group, aiming to enhance market competitiveness and safety standards in the automotive battery sector [1][2]. Group 1: Battery Business Integration - Geely will unify its existing battery brands, including Jin砖 Battery and Shen盾 Short Blade Battery, under the new Shen盾 Jin砖 Battery brand [1][2]. - The establishment of the new battery industry group, named Ji Yao Tong Xing, is part of Geely's strategy to focus on electric vehicle development and improve overall competitiveness [2]. Group 2: Safety Standards and Regulations - The automotive battery industry is entering a phase of stringent regulation, with the Ministry of Industry and Information Technology set to implement new safety standards (GB38031-2025) by July 1, 2026, which will raise technical requirements compared to the 2020 version [1]. - Geely's CEO emphasized the importance of adhering to safety standards, stating that maintaining safety is the primary focus in vehicle manufacturing [1][2]. Group 3: Open Patent Strategy - Geely will open its battery bottom safety patent collection to the entire industry, providing systematic solutions for battery safety design and technology verification [3][4]. - The company has invested 2 billion yuan in a global safety testing center, which will also be accessible to the industry, featuring innovative testing capabilities [4][5]. Group 4: Commitment to Safety - Geely views the sharing of safety patents as a means to promote safety equity in the automotive industry, rather than merely a marketing tool [5][6]. - The company has a long-standing commitment to safety, having integrated safety as a core principle since its inception, and continues to prioritize safety in its vehicle development [6][7]. Group 5: Technological Innovation and Regulation - Geely has invested over 200 billion yuan in research and development over the past decade, with a significant focus on safety innovations [6]. - The CEO expressed that the current regulatory environment for intelligent driving is beneficial for long-term stability, emphasizing the need for accurate representations of technology capabilities [7].