SAIC MOTOR(SH:600104) Zheng Quan Shi Bao Wang·2026-01-16 02:00Core Viewpoint - The establishment of FAW-Volkswagen Jetta Automotive Technology Co., Ltd. marks a strategic upgrade from a product brand to a technology company covering the entire value chain of R&D, production, supply, and sales [1] Group 1: Strategic Goals and Development - The company aims to strengthen strategic leadership and become a model for localized operation of joint venture brands, leading the transformation of joint ventures [3] - It will focus on innovation-driven development, enhancing new productive forces, and acting as a main force in local industrial transformation and upgrading [3] - The company will gather advantageous resources to create a collaborative and win-win development ecosystem, demonstrating high-level openness [3] Group 2: Government and Corporate Support - Local governments will provide systematic support for strategic guidance, resource assurance, and ecosystem construction for Jetta Automotive Technology Co., Ltd. [3] - FAW, as a leading player in the automotive industry, will inject its capabilities in technology R&D, intelligent manufacturing, supply chain, and market expansion [3] - Volkswagen Group will offer advanced electrification platforms and empower Jetta's overseas business expansion through its global R&D network [3] Group 3: Product Development and Market Strategy - Jetta Automotive Technology Co., Ltd. will have more market-oriented R&D and rapid decision-making authority, enabling it to develop smart electric vehicles tailored to local needs [3] - The company plans to launch five new models by 2028, with four being new energy products, to embrace industry changes and meet diverse, high-quality travel demands [4] - The establishment of the new company is seen as a significant step in exploring new paradigms for the transformation and upgrading of joint venture car companies [5]