Nan Fang Du Shi Bao·2025-08-14 05:39Core Viewpoint - The collaboration between GAC Group and Huawei through the Huawang Automotive project is accelerating, with recent developments including a city recruitment plan and a significant capital increase from GAC Aion to Huawang Automotive [1][5][9]. Group 1: Huawang Automotive's City Recruitment Plan - Huawang Automotive has officially launched a city recruitment plan covering 40 cities across five major regions, including key cities like Guangzhou, Shenzhen, Beijing, and Shanghai [1][3]. - Each city aims to recruit 1-2 partners, with further batches to follow after the initial recruitment is completed [1]. Group 2: Sales Channel Innovation - Huawang Automotive has introduced an innovative sales channel model called "1+N" agency system, focusing on user-centered core automotive city business circles and decentralized experience centers in high-traffic areas [3][4]. - The recruitment criteria for partners are stringent, targeting top 100 national and regional dealers with experience in luxury brands or new energy operations, and requiring specific qualifications to ensure after-sales capabilities [3]. Group 3: Capital Increase from GAC Aion - GAC Aion has agreed to increase its investment in Huawang Automotive by 600 million RMB, resulting in GAC Group holding 100% of Huawang's equity [5][8]. - This capital increase is aimed at enhancing the synergy of GAC's self-owned brands and improving resource utilization efficiency [8]. Group 4: Strategic Implications of the Investment - The investment signals a strong endorsement of the collaboration between Huawei and GAC, positioning Huawang as a key player in GAC's strategy for high-end smart electric vehicles [9][10]. - GAC Aion's role in this investment reflects an optimization of internal resources and a strategic focus on high-end intelligent exploration, with potential for future valuation benefits if the Huawang project succeeds [10].