Core Viewpoint - Saisir Group expects significant growth in net profit for the first half of 2025, driven by new product launches and increased sales volume, indicating a strong operational performance and enhanced profitability [1][2]. Financial Performance - The company anticipates a net profit attributable to shareholders of 2.7 billion to 3.2 billion yuan, representing a year-on-year increase of 66.20% to 96.98% [1]. - The net profit excluding non-recurring gains and losses is projected to be between 2.23 billion and 2.73 billion yuan, reflecting a growth of 55.13% to 89.92% year-on-year [1]. Sales and Market Trends - In June 2025, Saisir's sales reached a record high of 46,086 units, contributing to a total of 172,108 units sold from January to June [1]. - The cumulative sales of the Wanjie M9 model reached 62,492 units, marking a year-on-year increase of 6.28% [1]. - The implementation of trade-in policies and continuous technological innovations in the Chinese electric vehicle industry are expected to boost overall sales performance [1]. Technological Advancements - Saisir has launched an intelligent safety system focused on "scene-defined safety," covering four major safety areas: life protection, body protection, health care, and privacy protection [2]. - The company is exploring an innovative "factory within a factory" model to enhance its supply chain capabilities, exemplified by the collaboration with CATL for battery production [2]. Future Development Plans - Saisir aims to continue its transformation towards high-end, intelligent, and green vehicles, emphasizing the integration of electric and intelligent technologies [2]. - The company is committed to user-centric market orientation and the software-defined vehicle technology route, focusing on breaking through core technologies to establish itself as a leading brand in the new luxury automotive sector [2].

Core Viewpoint - DeepWay is positioning itself as a technology-driven enterprise in the smart truck sector, emphasizing the importance of integrated design and self-developed technologies in its products [1] Group 1: Company Development - DeepWay launched its first prototype in September 2021 and is set to deliver over 3,000 units in 2024, achieving a tenfold year-on-year growth and ranking among the top ten in the industry [1] - The company introduced two new models, the Starry Sky II and the Starry Path, both equipped with self-developed power systems and L2-level combined auxiliary driving systems, marking a significant breakthrough in the integration of intelligence and electrification in commercial heavy trucks [1] Group 2: Product Features - The Starry Sky II features upgrades such as increased air intake for better cooling, a mixed Yuan 505 kWh battery, and a true 900V high-voltage platform, reducing charging time from 20% to 80% to just 30 minutes, suitable for various transportation scenarios [2] - The Starry Path, based on the same platform as the Starry Sky II, is designed for short-distance transportation, offering a balance of performance and cost advantages [2] Group 3: Technology and Innovation - The self-developed power system accounts for over 60% of the vehicle's cost, showcasing the company's technological leadership and autonomy, while also enhancing adaptability to complex working conditions [2] - The new models utilize the largest single-box battery design in the industry, reducing weight by approximately 300 kg, and maintaining less than 10% battery capacity loss in extreme cold conditions [3] - The company has developed a single-motor four-speed electric drive bridge, achieving over 816 horsepower and a top speed of 130 km/h, even under full load [3] Group 4: Intelligent Systems - DeepWay's trucks are equipped with L2-level combined auxiliary driving systems, which can reduce accident rates by 78% and driver fatigue by 30% to 60%, increasing annual profitability by 19,000 yuan per vehicle [3] - The company is also developing L4-level intelligent convoy transportation systems and single-vehicle transportation systems, with deliveries expected to begin this year [3] Group 5: Market Performance - DeepWay has signed purchase agreements for a total of 2,273 units of new energy heavy trucks during the launch event, with an additional 870 units in international orders as of May this year [4]