SAIC MOTOR(SH:600104) Mei Ri Jing Ji Xin Wen·2025-04-27 08:48Group 1 - The core strategy of SAIC Group's commercial vehicle development is to implement institutional reforms and introduce a more open market mechanism, optimizing operations and welcoming external investors [1][2] - In 2025, SAIC Group will focus on two main OEM (Original Equipment Manufacturer) business segments: passenger vehicles and commercial vehicles, with SAIC Maxus as the core of the commercial vehicle business [2] - The integration of light commercial vehicle segments, including the Maxus, Yuejin, and Iveco brands, aims to enhance resource sharing and operational efficiency [2] Group 2 - Future development directions for SAIC's commercial vehicles will center on new energy and intelligent technology, with plans to launch a wide-body hybrid light passenger vehicle and explore hydrogen fuel cell models [2] - SAIC Maxus has announced a comprehensive strategic partnership with Huawei in the commercial vehicle sector during the Shanghai Auto Show [2] - The company aims to establish an independent overseas entity for commercial vehicle operations to better navigate international markets, with current coverage in 73 countries and regions [6] - The goal for exports is to exceed 100,000 units this year, with an expected growth of 30% to 40% in the following year, setting higher targets for the next 2-3 years [6]