Zhi Tong Cai Jing·2025-12-01 06:53Core Viewpoint - Morgan Stanley reports that GAC Group (601238)(02238) has risen 24% over the past week, driven by three recent positive developments [1] Group 1: Recent Developments - Management's latest statement indicates plans to mass-produce vehicles equipped with solid-state batteries by 2026 [1] - Significant increase in information disclosure regarding the partnership with Huawei's Qijing brand [1] - Announcement of a marketing collaboration with JD Group-SW (09618) [1] Group 2: Financial Outlook - Despite the recent initiatives requiring time to scale and having limited short-term profit contributions, GAC maintains a 5.7% market share this year, suggesting current valuations are still undervalued [1] - GAC's Aion brand is currently operating at a loss, but GAC Toyota's strategy to transition to new energy by 2025 is showing results and may extend to other joint venture brands [1] - Future announcements of new operational plans or significant inflows from southbound funds could catalyze a substantial stock price reaction, supported by ongoing improvements in fundamentals [1]