SAIC MOTOR(SH:600104) Guo Ji Jin Rong Bao·2026-01-04 09:14Core Viewpoint - In 2025, SAIC Motor Corporation focuses on deepening reforms, emphasizing independent brand development and breakthroughs in intelligent electric technology, achieving a total vehicle sales of 4.507 million units, a year-on-year increase of 12.3% [1] Group 1: Vehicle Sales and Brand Performance - SAIC's sales of its independent brands (including Roewe, MG, Zhiji, Maxus, Wuling, and Baojun) reached 2.928 million units, a year-on-year increase of 21.6%, accounting for 65% of the group's total sales, up 5 percentage points from 2024 [2] - The company maintains its leadership in the domestic market with a retail sales volume of 4.67 million units [1] Group 2: Innovation in Technology - SAIC accelerates the production of advanced technologies such as solid-state batteries, digital chassis, DMH super hybrid, and intelligent driving models, enhancing user experience [3] - Sales of SAIC's new energy vehicles reached 1.643 million units, a record high with a year-on-year growth of 33.1% [3] - The MG4 semi-solid battery model has been delivered, improving safety performance by over 20% compared to industry standards [3] Group 3: Cross-Industry Collaborations - SAIC collaborates with partners like Huawei and OPPO to create a new intelligent travel ecosystem, launching the "SAIC Shangjie" brand with Huawei's smart travel solutions [4] - The first product, Shangjie H5, achieved monthly sales exceeding 10,000 units [4] - The partnership with OPPO introduces a seamless "hand-car interconnection" feature, enhancing user experience [4] Group 4: Overseas Market Expansion - SAIC's overseas sales reached 1.071 million units, a year-on-year increase of 3.1%, maintaining a leading position in the industry [5] - In Europe, MG sales exceeded 300,000 units, a nearly 30% increase, while in India, sales reached 70,000 units, up 17.8% [6] - The company has established a significant presence in global markets, with products and services available in over 170 countries and regions, and cumulative overseas sales surpassing 6 million units [6]