DFAC(SH:600006) Di Yi Cai Jing·2025-06-20 09:35Core Viewpoint - Dongfeng Motor is actively pursuing technological innovation to escape the "involution" dilemma in the automotive industry, emphasizing long-term value creation and high-quality development [1][5][7]. Group 1: Technological Innovation and Industry Collaboration - Dongfeng is collaborating with over 300 partners to establish 12 industrial innovation alliances, aiming to enhance overall efficiency in the supply chain by over 30% [9]. - The company is focusing on overcoming "bottleneck" technologies, with significant advancements in electric drive, control, and battery production capabilities, positioning itself as a leader in the industry [7]. - Dongfeng's integrated die-casting project is expected to produce 200,000 lightweight components annually, significantly boosting regional GDP and creating thousands of high-tech jobs [7][9]. Group 2: Market Performance and Sales Growth - In May, Dongfeng sold 206,000 vehicles, with 81,000 being electric vehicles, marking a year-on-year increase of 26.5% [5]. - From January to May, Dongfeng delivered a total of 905,000 vehicles, with nearly 60% being from its own brands, and electric vehicles accounting for over 30% of total sales [5]. Group 3: Industry Positioning and Supply Chain Resilience - Dongfeng is enhancing its role as a chain leader, restructuring the supply chain and collaborating with various sectors, including logistics and energy [8]. - The establishment of the Hubei automotive-grade chip innovation consortium aims to address common supply chain challenges, leading to the production of the first domestic high-performance MCU chip [9]. - The company has successfully developed a robust supply chain ecosystem in Hubei, with over 2,600 parts suppliers and a total automotive production of nearly 2 million units in 2023 [10].