Core Insights - The 32nd China Society of Automotive Engineers Annual Conference and Exhibition (SAECCE 2025) will take place from October 22 to 24, 2025, featuring a forum on "Smart Car Digital Keys: Technical Standards Development and Industrial Ecosystem Growth" hosted by the Car Connectivity Consortium (CCC) [1] Group 1: CCC's Role and Commitment - CCC President Alysia Johnson emphasized the organization's ongoing commitment to the Chinese market, highlighting its role as a cross-industry standards organization with over 300 member companies across 31 countries [3] - The CCC aims to establish an open, secure, and interconnected global standard for digital keys, addressing issues of standard fragmentation and inconsistent technology routes in the industry [3] - CCC plans to increase investment in the Chinese market and enhance local certification capabilities to support Chinese automotive companies in reducing R&D costs and improving global compatibility [3] Group 2: Industry Contributions and Innovations - Representatives from major domestic automotive and technology companies showcased their latest developments based on CCC standards, with Geely's approach focusing on a "CCC standard as primary, private protocols as supplementary" strategy [3] - Lantu Automotive's digital and intelligent network director emphasized that digital keys are not just functional replacements but are crucial for creating a seamless service ecosystem [4] - Shanghai Yinjing Technology's CEO stated that digital keys define the intelligent experience of automotive brands and aim to connect manufacturers with the global ecosystem [4] - Wuhu All-Trace Technology's CEO presented an innovative UWB-AOA solution that reduces hardware deployment complexity and costs, facilitating the widespread adoption of digital keys in mainstream vehicles [4] - Leap Motor's project manager outlined the company's strategic layout in digital key technology evolution and ecosystem collaboration, showcasing the forward-looking exploration of new force automotive companies in smart mobility [4] Group 3: Future Directions and Collaboration - The forum provided a high-level communication platform for the standardization, industrialization, and ecological development of digital key technology [4] - With the deepening implementation of CCC standards in the Chinese market and collaborative innovation across the entire industry chain, CCC aims to enhance the global competitiveness of the Chinese automotive industry amid the wave of smart technology [4]

截至上午10點38分，吉利最新報19.29元，暫有1.18%的跌幅。而在支持位與阻力位方面也相當明確，第一支持位正是【港股播報】提到的 18.9 元，若能穩 守此位置，或有短線企穩機會；第二支持位則看 18.5 元，是更強的防守線。阻力方面，先看 20 元整數關口，突破後下一目標可指向 20.6 元。值得留意的 是，吉利汽車上升概率達 54%，5 日振幅 8.8%，短線波動空間不小，無論看多看淡都有操作空間。 回顧近期吉利汽車相關輪證同牛熊證表現，10 月 20 日部署的產品有不錯回報。當時正股兩日後升 1.77%，對應的滙豐牛證（64608）升幅達 14%，信證認 購證（20999）也有 6% 升幅，可見在正股小幅反彈時，選對衍生產品同樣能放大收益，尤其牛證的槓桿優勢相對突出。 上日我哋【港股播報】已點評過吉利汽車，當時提到其股價走勢平穩甚至略顯平淡，與大盤走勢相關，跌幅約 1% 多；技術信號以「賣出」為主，9 個賣出 信號對比 4 個買入信號，賣出信號明顯占優，並建議想低位補倉的投資者再等等，暫時不用急，不排除股價進一步下跌可能，同時指出支撐位約18.9 元，跌 破後下一看 18.5 元，這些信號至今仍有 ...

Core Viewpoint - Zhejiang Jiyao Tongxing Holdings Co., Ltd. was established to accelerate the integration of battery business within Geely Group, focusing on electric battery manufacturing and technology development [3][5]. Group 1: Company Establishment and Structure - Zhejiang Jiyao Tongxing Holdings Co., Ltd. is wholly owned by Zhejiang Geely Investment Holding Co., Ltd., with a registered capital of 1 billion yuan [3]. - The major shareholders of Zhejiang Geely Investment Holding include Li Shufu (82.2330%), Ningbo Yima Enterprise Management Partnership (9.7087%), and Li Shufu's son, Li Xingxing (8.0583%) [4]. Group 2: Business Integration and Strategy - The establishment of Jiyao Tongxing is part of Geely Group's strategy to consolidate its battery business, which includes the formation of a new battery industry group named Zhejiang Jiyao Tongxing Energy Technology Co., Ltd. [5]. - The integration aims to unify various battery brands and product lines under a single brand, "Shen Dun Jin Zhuan Battery," enhancing operational efficiency [5][6]. Group 3: Production Capacity and Market Position - Jiyao Tongxing Energy plans to achieve a production capacity of 70 GWh by 2027, sufficient to meet the production needs of approximately 1 million new energy vehicles [7][8]. - In the first eight months of the year, Jiyao Tongxing's battery installation volume reached 9.3 GWh, capturing a 2.2% market share in China, ranking among the top 10 in battery installation volume [7]. Group 4: Product Focus and Development - The company focuses on lithium iron phosphate short-blade battery technology, with its core product being the Shen Dun Jin Zhuan battery, known for its safety, fast charging, high power, and durability [7]. - Jiyao Tongxing adopts a "focus on blockbuster" strategy, concentrating resources on a few core battery products to achieve economies of scale and ensure consistent product quality [7]. Group 5: Future Outlook and Collaboration - As a core battery supplier for Geely Group, Jiyao Tongxing will prioritize customized battery needs for brands like Zeekr, Lynk & Co, and Galaxy, leveraging Geely's large new energy vehicle sales [8]. - The company maintains partnerships with external suppliers like CATL and EVE Energy to ensure supply chain stability and flexibility, while also exploring next-generation solid-state battery technologies [8].

Core Insights - Geely Auto Group's CEO revealed significant sales growth in Europe and Latin America, with a year-on-year increase of 61.8% in Europe and 93.4% in Latin America for the first nine months of the year [2] Group 1: Sales Performance - In the European market, Geely's cumulative sales from January to September increased by 61.8% year-on-year [2] - In the Latin American region, the sales growth during the same period reached 93.4% [2] Group 2: Strategic Direction - Geely will maintain a "dual fuel" global strategy, focusing on both gasoline and electric vehicles [2] - In the gasoline vehicle sector, Geely aims to benchmark against Toyota to solidify its technological foundation [2] - In the electric vehicle sector, Geely intends to leverage its advantages to achieve growth rates that surpass the industry average [2]

吉利汽车集团CEO淦家阅在接受21世纪经济报道等媒体采访时表示，在欧洲市场，领克品牌将全面协同 沃尔沃经销商网络，加速拓展零售(To C)市场；2026年，银河品牌车型将在欧洲其他的主要市场更新， 未来吉利银河星愿、星舰7等车型将登陆欧洲市场。 当地时间10月23日，吉利首款全球新能源车型吉利国际EX5同步在英国上市。 21世纪经济报道记者吴晓宇焦文娟 ...

Core Insights - The "alcohol-hydrogen electric" technology is transforming the energy landscape of China's inland shipping industry amid global shipping's carbon neutrality challenges [2][3] - Hanma Technology Group is the only company globally to achieve mass production of alcohol-hydrogen power systems across various applications, signaling a comprehensive energy revolution [2][3] Development of Alcohol-Hydrogen Electric Technology - Hanma Technology's journey in alcohol-hydrogen technology is backed by over 20 years of research and investment from Geely in methanol [3] - The latest generation of alcohol-hydrogen electric systems has achieved a thermal efficiency of 50.3%, with over 50,000 operational vehicles accumulating more than 23 billion kilometers [3][6] - Alcohol, as a liquid energy source, offers high energy density, convenient storage and transportation, and low infrastructure modification costs, addressing the limitations of pure electric and hydrogen fuel cell technologies [3][6] Technical Breakthroughs - Hanma Technology's alcohol-hydrogen engine products cover power ranges from 60kW to 420kW, catering to various applications including commercial vehicles and ships [6] - The company has established an advanced automated production base with an annual design capacity of 100,000 units, ensuring quality traceability and real-time monitoring [6] Green Transition and Emission Reduction - Hanma Technology's alcohol-hydrogen systems play a crucial role in China's transportation green transition, especially under the International Maritime Organization's (IMO) stringent emission reduction framework [7][9] - The alcohol-hydrogen electric system shows significant emission reductions compared to diesel vessels, with NOx and hydrocarbon emissions down by 86%, particulate matter by 99%, and CO emissions by 92% [9] Full-Scene Application - The successful maiden voyage of the "Yuanchun 001" marks the official transition of alcohol-hydrogen technology from land to water, initiating the "alcohol-hydrogen era" [10][12] - The "Yuanchun 001" features advanced direct current networking technology, enhancing energy efficiency and system reliability, with a range of operational modes [12] - Alcohol-hydrogen systems are now operational in over 28 provinces and 100 cities, demonstrating significant environmental and economic benefits [12] Conclusion - Hanma Technology is leading a green revolution with its alcohol-hydrogen electric technology, contributing to global energy transition and aligning with China's dual carbon goals [13]

Core Insights - The article discusses the competitive landscape of Chinese automotive companies in the luxury segment, highlighting the emergence of new models and strategies in response to the growing demand for electric and extended-range vehicles [1][2]. Group 1: New Product Launches - Geely has introduced three models in the high-end segment under its 9 series, including Zeekr 009, Zeekr 9X, Lynk & Co 900, and Galaxy M9, targeting different price ranges [1]. - Leap Motor has unveiled its high-end model D19, available in both pure electric and extended-range versions, featuring advanced battery technology and high-quality components [2][5]. Group 2: Battery and Range Innovations - The D19 model features an 80.3 kWh battery with a pure electric range of up to 500 km, utilizing a strategy of larger batteries and smaller fuel tanks [5][7]. - Leap Motor's approach to extended-range vehicles is unique, as it aims to maximize electric usage while providing a small fuel tank as a backup for long trips [7][11]. Group 3: Market Positioning and Strategy - Leap Motor's product strategy differs from competitors, categorizing its offerings into four lines based on size and price, with the D series targeting the premium market [12]. - The company has historically launched models from lower to higher price segments, aiming to build brand recognition before entering the high-end market [13]. Group 4: Cost Management and Supplier Strategy - Leap Motor emphasizes using top-tier suppliers for critical components while focusing on in-house development for other parts to manage costs effectively [14]. - The company has made significant advancements in self-developed components, achieving lower defect rates compared to previous suppliers [14][15].

Group 1 - Geely Auto has announced a significant share buyback plan of up to HKD 2.3 billion, which has garnered attention in the capital market, leading to a stock price increase of over 5% the following day [2] - The buyback plan is seen as a demonstration of Geely's confidence in its future development, supported by its strong capital and financial position [2][4] - This is not the first buyback for Geely; previous buybacks include a plan to repurchase up to 1.008 billion shares and a recent buyback of approximately 48.4 million shares at an average price of HKD 13.04 per share [3] Group 2 - Analysts express optimism about Geely's future prospects, citing its growth in fuel vehicle sales and the expected success of its electric vehicle lineup [4] - The automotive industry has seen a trend of share buybacks among companies like BYD and Great Wall Motors, indicating a shift from growth stocks to value stocks [5][6] - Share buybacks are often used to stabilize stock prices and enhance investor confidence, especially in a competitive market environment [7][8] Group 3 - The current automotive industry faces intense competition and various challenges, making share buybacks a signal of a company's self-awareness and confidence in its potential [8] - Geely's financial health, with projected revenues exceeding RMB 180 billion and a gross margin above 18%, supports its ability to conduct large-scale buybacks [8] - Share buybacks can effectively utilize idle funds, reduce the number of shares outstanding, and improve metrics like earnings per share (EPS) [9]

CCC全球车联联盟总裁Alysia Johnson女士亲临现场并发表开场演讲，彰显了对中国市场的持续重视。同时，CCC亚太区总监范晓宇（Zoe Fan）女士 担任本次论坛主席及主持人，为论坛的顺利开展提供了专业引领与组织保障。 Alysia Johnson女士在演讲中指出，CCC全球车联联盟作为覆盖全球31个国家、拥有超过300家会员企业的跨行业标准组织，致力于推动建立开放、安 全、互联的数字钥匙全球统一标准。 面对当前行业存在的标准碎片化与技术路线不统一等问题，Alysia Johnson详细介绍了CCC Digital Key™标准的阶段性技术架构与认证体系，覆盖从 NFC轻触解锁、BLE远程控车到UWB厘米级无感进入的全场景能力，并支持钥匙共享、车队管理等高级功能。她进一步透露，CCC将持续加大对中国市 场的投入，积极推动本地化认证能力建设，更好地支持中国汽车企业降低研发成本、提升产品全球化兼容性。 2025年10月22日至24日，第三十二届中国汽车工程学会年会暨展览会（SAECCE 2025）举行。会议期间，CCC全球车联联盟（Car Connectivity Consortium）应中国汽车工程学会 ...

Core Viewpoint - 吉利四川商用车有限公司 has achieved significant success in the procurement of new energy buses, winning multiple bids in a short period, indicating a strong position in the market for electric public transport vehicles [1][2][16]. Group 1: Bid Results - On October 23, 2023, 吉利四川商用车有限公司 won two segments of the 北票市公共汽车有限公司 2025 new energy air-conditioned bus procurement project, with bid amounts of 14.994 million yuan for the first segment and 7.499 million yuan for the second segment [1][4]. - On October 24, 2023, 吉利四川商用车有限公司 was awarded a contract by 辽阳交投集团 for the procurement of new energy buses (passenger version) with a bid amount of 3.255 million yuan [1][16]. Group 2: Bid Details - The first segment of the 北票市公共汽车有限公司 procurement project had a total bid amount of 14.994 million yuan, with 吉利四川商用车有限公司 scoring 99.5 points, meeting national industry standards [4][11]. - The second segment of the same project had a bid amount of 7.499 million yuan, with 吉利四川商用车有限公司 again scoring 99.5 points, also meeting national industry standards [11][12]. Group 3: Competitive Landscape - Other competitors in the bidding process included 广西申龙汽车制造有限公司 and 辽宁上能汽车科技有限公司, which also met the requirements but scored lower than 吉利四川商用车有限公司 [11][12]. - The successful bids reflect 吉利四川商用车有限公司's competitive edge in terms of pricing and compliance with industry standards, positioning the company favorably in the growing market for new energy buses [1][2].