SAIC MOTOR(SH:600104) Mei Ri Jing Ji Xin Wen·2025-08-20 08:51Core Viewpoint - The launch of the Shangjie H5, a collaboration between SAIC Motor and Huawei, is anticipated to significantly impact the market, with expectations of high sales volume and a competitive pricing strategy [1][3][4]. Group 1: Product Details - The Shangjie H5 is set to officially launch in September, featuring the HUAWEI ADS 4 advanced driving assistance system, with capabilities such as full-domain travel and parking assistance [3]. - The vehicle will offer two power options, with the pure electric version having a maximum CLTC range of 655 km and the range-extended version exceeding 1300 km [3]. - The expected price range for the Shangjie H5 is between 170,000 to 230,000 yuan, making it the most affordable model in the Hongmeng Zhixing lineup [4]. Group 2: Market Context - SAIC Motor's sales for the first seven months of the year reached approximately 2.39 million units, reflecting a year-on-year increase of 15% [3]. - The introduction of the Shangjie H5 is seen as a crucial move for SAIC Motor to compete in the increasingly crowded smart driving market, particularly against competitors like BYD and Chery, which have launched models priced below 70,000 yuan [6]. - The collaboration between SAIC and Huawei has been in development for 19 months, indicating a well-coordinated effort to bring the Shangjie H5 to market [6]. Group 3: Distribution and Sales Strategy - There is significant interest in the Shangjie H5, with over a thousand channels reportedly vying for distribution rights even before its official launch [6]. - The distribution strategy will involve a specialized network, with recruitment for quality dealers already underway [6]. - The success of the Shangjie H5 will not only validate the market strategy for Hongmeng Zhixing but also influence the future collaboration between SAIC and Huawei [6].