Investment Rating - The industry investment rating is maintained as "Outperform the Market" [24] Core Insights - The launch of the Zhijie R7 extended range version is expected to enhance market competitiveness and boost sales for the vehicle series. The pure electric version has already shown strong competitiveness, with over 30,000 pre-orders in 33 days and approximately 11,000 units sold in November [6][47] - The automotive sector has experienced a decline of 1.05% in the A-share market, underperforming the CSI 300 index, which fell by 0.14%. Among the sub-sectors, automotive parts decreased by 1.19%, automotive services by 2.99%, and commercial vehicles by 1.77% [5][27] - The introduction of new models from domestic manufacturers, such as NIO, Zeekr, and Zhijie, is anticipated to further increase the penetration rate of smart technology in vehicles [1] Summary by Sections Vehicle Launch - The Zhijie R7 extended range version was officially launched with a price range of 249,800 to 289,800 yuan. It features Huawei's ADS 3.0 intelligent driving system and is set to begin deliveries on January 5, 2025 [3][42] Battery and Range - The vehicle is equipped with a 37 kWh lithium iron phosphate battery, offering a pure electric range of 251 km. With a full tank and battery, the comprehensive range can reach 1,570 km. Fast charging from 20% to 80% takes only 15 minutes [4] Market Performance - The automotive sector's performance has been mixed, with the automotive parts and services sectors showing significant declines. However, the introduction of new models and government policies promoting vehicle replacement are expected to stimulate demand [50][27] Key Recommendations - The report highlights a positive outlook for companies within the Chery supply chain and recommends specific stocks such as Ruihu Mould, Top Group, Bertley, and Aikodi for investment [7]
天风汽车周报：智界R7增程版正式上市，有望进一步提升竞争力
Tianfeng Securities·2024-12-23 09:36