JAC(SH:600418) Xin Lang Cai Jing·2025-12-26 10:51Core Insights - The launch of the ZunJie S800 marks a significant milestone in the Chinese automotive industry, achieving over 10,000 deliveries and setting a new record for luxury car delivery speed [1][2][3] - The ZunJie S800 has transformed consumer perceptions of ultra-luxury vehicles in China, creating a new market dynamic referred to as the "ZunJie Effect" [2][8] - The collaboration between Huawei and Anhui Jianghuai Automobile Group has matured, enhancing their strategic partnership and contributing to the success of the ZunJie S800 [11][14] Company Performance - The ZunJie S800 was launched at a price range of 708,000 to 1,018,000 yuan, and within 175 days, it achieved 18,000 pre-orders, with over 2,145 units delivered in November alone [3][10] - The vehicle's monthly delivery target is set to accelerate to 4,000 units, with expectations for timely deliveries before the Spring Festival for orders placed by December 31 [3] - The ZunJie S800 has outperformed competitors in the ultra-luxury segment, with sales of 4,872 units from August to October 2025, surpassing the combined sales of Porsche Panamera and BMW 7 Series [10] Market Dynamics - The ZunJie S800's rapid success indicates a shift in consumer priorities from brand prestige to product quality, design, and overall experience in the ultra-luxury car market [8][10] - The vehicle's appeal is bolstered by its innovative features, including the first autonomous intelligent digital chassis and advanced safety technologies [12][14] - The ZunJie S800 has gained traction among high-net-worth individuals, including celebrities and business leaders, enhancing its brand recognition and market presence [6][14] Future Outlook - The partnership between Huawei and Jianghuai is expected to drive further advancements in the ZunJie brand, with projections for Jianghuai's revenue to reach 51.56 billion yuan by 2025 [14] - The ZunJie S800 is positioned to redefine the luxury car market in China, emphasizing technological equality and a focus on consumer experience [14]