长安发布天枢智能品牌问界M7预售火热

Investment Rating - The industry rating is "Outperform the Market" [7][79] Core Insights - Changan Automobile launched the "Tianshu Intelligent" brand, focusing on driving assistance, cabin, and chassis technologies to provide consumers with "extremely safe intelligent travel solutions" [2][13] - The new model, Wanjie M7, has a pre-sale price range of 288,000 to 368,000 CNY, with over 15,000 units reserved within 24 hours of opening pre-orders [3][15] - The company plans to explore applications in industrial robots and service robots, aiming to produce humanoid automotive robots by 2028 and passenger drones by 2026 [3][14] Market Performance - From September 1 to September 5, 2025, the automotive sector declined by 1.3%, underperforming the CSI 300 index, which fell by 0.8% [16][23] - Year-to-date, the automotive sector has increased by 20.5%, ranking 11th among 31 sectors [16][23] Key Industry Data - In August 2025, retail sales of passenger vehicles reached 1.952 million units, a year-on-year increase of 3% [36] - Wholesale sales for the same period were 2.409 million units, reflecting a 12% year-on-year growth [36][38] - New energy vehicle retail sales reached 1.079 million units in August, up 5% year-on-year [36][38] New Vehicle Highlights - The Wanjie M7 features dimensions of 5080×1999×1780 mm and a wheelbase of 3030 mm, with a maximum range of 700 km for the pure electric version and 1600 km for the range-extended version [4][15] - The vehicle is equipped with Huawei's advanced driving assistance system, including the industry's first in-cabin laser vision technology [4][15]