DONGFENG GROUP(HK:00489) Guan Cha Zhe Wang·2025-08-04 03:28Core Viewpoint - Dongfeng Yipai Automotive Technology Company has launched its "Future Wings" strategic plan to drive rapid development through four strategic pillars: technology, product, brand, and overseas expansion [1][3][5]. Group 1: Strategic Overview - Dongfeng has introduced multiple automotive brands focused on new energy vehicles since the 14th Five-Year Plan, including high-end brand Lantu and electric off-road brand Mengshi [3]. - In 2024, Dongfeng's three mainstream market brands are projected to sell a total of 213,400 vehicles, representing a year-on-year increase of 82.4% [3]. - The establishment of Dongfeng Yipai Automotive Technology Company aims to integrate the resources of its three self-owned brands to enhance efficiency and reduce internal competition [3][5]. Group 2: Technology Initiatives - Dongfeng Yipai plans to launch self-developed solid-state batteries by 2026, achieving a performance of 350Wh/kg and maintaining over 70% range at -30°C [5]. - The company will introduce its first 1200V platform vehicle in 2026, featuring peak fast charging of 12C, allowing for a range increase of 2.5 kilometers with just one second of charging [5]. - A new steer-by-wire chassis will be developed, with a braking response time of 100 milliseconds and a turning radius of only 3.5 meters [5]. Group 3: Product Development - By 2028, Dongfeng Yipai aims to have a product matrix of 20 models, including mainstream technology and intelligent premium series targeting young consumers [6]. - The intelligent premium series will be co-developed with Huawei, featuring advanced technologies such as the next-generation QianKun intelligent driving ADS 4 and Harmony cockpit 5 [6]. - The first model from the intelligent premium series is set to be a high-end intelligent full-size SUV, expected to launch in 2026 [6]. Group 4: Brand Strategy - Dongfeng Yipai will refine its brand architecture, with Dongfeng Nano integrating into Dongfeng Yipai and collaborating with Huawei to develop high-end smart products [5][6]. - The Fengshen brand will focus on becoming a "smart family car brand" [5]. Group 5: Overseas Expansion - By 2027, Dongfeng Yipai plans to have over 30 overseas models covering various powertrain types and vehicle classes, with a global network exceeding 2,000 outlets [8]. - The company aims for over 20% of its manufacturing to be localized by 2026, targeting 50% localization by 2030 in key strategic markets [8]. Group 6: Recent Product Launches - During the event, the 2026 model of Dongfeng Yipai eπ008 was announced with a promotional price of 173,600 yuan [10]. - The strategic model Fengshen L8 was unveiled, featuring Dongfeng's Mahle hybrid technology, with an electric range of 248 kilometers and a comprehensive fuel consumption of 2.4L per 100 kilometers [10].