JAC(SH:600418) Mei Ri Jing Ji Xin Wen·2025-08-26 08:20Core Viewpoint - Jianghuai Automobile (600418.SH) is focusing on the development of its high-end luxury intelligent electric vehicle brand "Zun Jie," in collaboration with Huawei, aiming to capture a significant market share in the premium segment of the automotive industry [1][2][3]. Financial Performance - In the first half of 2025, Jianghuai Automobile achieved an operating revenue of approximately 19.36 billion yuan, selling a total of 190,600 vehicles, including 79,500 trucks, 32,900 pickups, and 66,000 passenger cars [1]. Product Development - The Zun Jie brand, positioned as a high-end luxury intelligent electric vehicle brand, has established a dedicated team of 5,000 and a super factory with an investment exceeding 10 billion yuan [1]. - The first model, Zun Jie S800, was launched with a price range of 708,000 to 1,018,000 yuan, and within 24 hours of its launch, it received 1,600 pre-orders, surpassing 6,500 in the first month [2]. Production Capacity and Market Outlook - The Zun Jie S800 is expected to reach a monthly production capacity of 3,000 units by September, with a target of 4,000 units by the end of the year [2]. - Analysts predict that Zun Jie could capture around 20% of the domestic market for vehicles priced above 600,000 yuan, translating to annual sales of 80,000 to 100,000 units [3]. Future Projects - Jianghuai Automobile is also working on multiple high-end and mid-range automotive projects, including a high-end pure electric platform and upgrades to its production lines [3]. Stock Market Reaction - Following the announcement of its financial results and product developments, Jianghuai Automobile's stock experienced a rise, with an intraday increase of up to 4.8%, closing at 53.38 yuan per share [4].