SAIC MOTOR(SH:600104) Mei Ri Jing Ji Xin Wen·2025-12-10 14:02Core Insights - Huawei's HarmonyOS Automotive division, known as "Hongmeng Zhixing," is experiencing significant growth, with a record monthly sales of 81,864 vehicles in November, marking a year-on-year increase of 89.61% [1] - The division has achieved cumulative deliveries exceeding 1 million vehicles, with the first million taking 43 months and the next expected to be completed in just over a year [3] - The company plans to expand its product lineup in 2024 and beyond, with multiple new models set to launch, including high-end vehicles and advanced driver-assistance systems [4][5] Group 1 - The annual live broadcast featured key executives from major automotive companies collaborating with Huawei, emphasizing the synergy in their partnerships [1] - The "Five Realms" of Hongmeng Zhixing are compared to a basketball team, indicating a focus on maintaining a streamlined and effective collaboration rather than expanding excessively [1] - The sales performance of various brands under Hongmeng Zhixing is strong, with the Zun Jie S800 achieving over 18,000 pre-orders in 175 days and the Shang Jie H5 surpassing 10,000 deliveries in just 43 days [2] Group 2 - Future product plans include the launch of the first MPV, the Zhi Jie V9, in spring 2026, and a high-performance SUV aimed at competing with luxury European models [4][6] - The company is advancing towards L3 and L4 levels of autonomous driving, with expectations for users to have a more relaxed experience in their vehicles by 2027 [5][6] - The upcoming models will feature advanced driver-assistance capabilities, enhancing the overall driving experience and safety [6]