独家！华望，大消息

Core Viewpoint - GAC Group's subsidiary, GAC Aion, plans to invest 600 million yuan in Huawei's automotive venture, Huawang Automotive, confirming market rumors about Huawang's manufacturing operations being established at GAC Aion's smart eco-factory [2][4]. Investment and Corporate Structure - GAC Aion's investment will result in GAC Group holding 71.43% of Huawang Automotive directly and 28.57% indirectly through GAC Aion [2]. - The investment aligns with GAC Group's strategy to deepen collaboration with Huawei and is part of the "Panyu Action" reform initiative aimed at reinventing GAC [10][11]. Manufacturing and Production Efficiency - Huawang Automotive is developing two models, F03 and F05, with manufacturing operations likely to be located at GAC Aion's facility in Guangzhou [4]. - GAC Aion's smart eco-factory has been recognized as a "lighthouse factory" by the World Economic Forum and McKinsey, boasting a 50% increase in production efficiency and a 58% reduction in manufacturing costs [8][7]. - The factory can produce a vehicle every 53 seconds, enhancing capacity utilization and reducing capital expenditure for Huawang Automotive [8]. Strategic Partnerships and Market Positioning - Huawang Automotive aims to integrate GAC's manufacturing capabilities with Huawei's smart technology, targeting the high-end smart electric vehicle market [11]. - GAC Group has been actively promoting Huawang Automotive, including a recent recruitment initiative that attracted over 120 dealers across 40 key cities [12]. - The first model from Huawang Automotive is expected to launch in 2026, featuring Huawei's intelligent driving software and targeting the 300,000 yuan electric vehicle segment [12].