SAIC MOTOR(SH:600104) Xin Jing Bao·2025-09-24 12:04Core Insights - Huawei's Executive Director Yu Chengdong highlighted the significant market size for cars priced below 200,000 yuan, but also noted the substantial cost pressures involved [1] - The newly launched SUV model, the Shangjie H5, is priced starting at 159,800 yuan, making it the first model under 200,000 yuan featuring Huawei's HarmonyOS [3] Group 1 - The Shangjie H5 is available in both pure electric and range-extended versions, showcasing Huawei's commitment to diversifying its automotive offerings [3] - The vehicle is equipped with Huawei's advanced driving system, ADS 4, and includes three 4D millimeter-wave radars as standard across all models [3] Group 2 - SAIC Group's President Jia Jianxu emphasized the company's 70 years of automotive manufacturing experience and the integration advantages of the supply chain in launching this vehicle [3] - The company aims to achieve breakeven or profitability in the future, despite the initial expectation of incurring losses on each vehicle sold [1]