Group 1 - The core product, the Yangwang U8L Ding Shi Edition, is positioned as a full-size luxury SUV with a starting price of 1.28 million yuan, set to begin deliveries at the end of September [1] - The vehicle incorporates innovative technologies such as a fully aluminum chassis, proprietary blade battery, and advanced hydraulic body control system, aiming to redefine safety standards in high-end electric vehicles [1][2] - The aluminum chassis is developed according to global five-star safety standards, enhancing collision protection capabilities through a segmented design and the use of high-grade aluminum materials [1] Group 2 - The interior features a luxurious and comfortable cabin with a flexible 2+2+2 seating layout, including zero-gravity seats in the second row that support a 150° reclining angle and come with a massage system [2] - The Yangwang brand targets entrepreneurs, with nearly 80% of its owners fitting this profile, reflecting a blend of business acumen and a desire for a relaxed lifestyle [2] - Yangwang, a high-end electric vehicle brand under BYD, was established in Shenzhen in 2022, focusing on million-level new energy models across various segments [2][3]

Core Viewpoint - The Chengdu International Auto Show highlights the continued relevance and evolution of fuel vehicles, particularly through the launch of Geely's new China Star series, which emphasizes luxury and advanced technology in fuel cars despite the industry's shift towards electrification [1][4][6]. Industry Overview - The domestic fuel vehicle market still holds a significant share, with a market base of 49.9% as of the first half of the year, indicating strong consumer demand [4]. - Fuel vehicle sales in China have shown growth, with July sales reaching 981,000 units, a year-on-year increase of 8.4% [4]. Company Performance - Geely's cumulative sales from January to July reached 1.6469 million units, marking a 49% year-on-year increase, with over 850,000 units sold in the new energy sector, reflecting a 126% growth [6]. - The launch of the China Star series reinforces Geely's "dual fuel" strategy, showcasing its commitment to both fuel and electric vehicles [6]. Product Features - The China Star series features three exclusive colors inspired by Chinese culture and design, emphasizing the integration of traditional aesthetics with modern luxury [6]. - The series is equipped with a 2.0TD turbo engine and an 8AT transmission, delivering a maximum power of 200 kW and torque of 400 N·m, with acceleration times of 5.6 seconds for the Star瑞 and 7.3 seconds for the Star越L [8]. - Comfort features include heated and massaging front seats, heated steering wheel, and advanced suspension systems that enhance ride quality [10]. Technological Advancements - The series incorporates advanced technology such as the GEEA3.0 electronic architecture, enabling high-speed data transmission and seamless integration of smart features [11]. - The Flyme Auto system, powered by Qualcomm's 8155 chip, enhances the in-car experience with AI-driven voice interaction capabilities [13]. - The series also includes a comprehensive suite of safety features, with Geely leading in patent filings for automotive safety technologies in China [16]. Market Impact - The cumulative sales of the Star瑞 and Star越L series have surpassed 1.6 million units, positioning them as the fastest models to reach the million-unit mark in the 100,000-200,000 yuan fuel vehicle market [18]. - The introduction of the China Star series is expected to drive a new sales peak for Geely, solidifying its position in both the fuel and new energy vehicle markets [18].