FOTON(SH:600166) Qi Lu Wan Bao·2025-09-26 12:32Core Viewpoint - The launch of the Jietu X70L, a luxury seven-seat SUV, aims to set a new benchmark for value in the Chinese family SUV market, with a starting price of 99,900 yuan and various customer benefits [1][4][5]. Group 1: Product Launch and Features - The Jietu X70L is positioned as a "maglev luxury electric seven-seat SUV" and is available in five configurations [1]. - The vehicle features a design led by Andrew, former chief designer of Land Rover Range Rover, emphasizing a luxury aesthetic comparable to high-end vehicles [8]. - It offers a spacious interior with options for five or seven seats, catering to family needs [11][13]. Group 2: Customer Benefits and Promotions - The launch includes several promotional offers such as 5 years of free data (10GB/month), lifetime warranty, and significant discounts on maintenance and financing [5][7]. - A total of 20,000 yuan in cash benefits is available for vehicle trade-ins [7]. Group 3: Strategic Vision and Market Position - Jietu's "Travel+" strategy aims to enhance the value of fuel vehicles amidst the electric vehicle trend, asserting that fuel vehicles remain the mainstream choice in China [6]. - The company has established a global presence, covering 91 countries and regions, with nearly 2 million users, and is approaching 1 million global deliveries of the X70 series [5][15]. - The Jietu X70L is seen as a continuation of the brand's commitment to understanding and meeting user needs, reinforcing its market position [15][16].