Group 1 - Dongfeng Motor announced a new brand in collaboration with Huawei, set to launch on November 20, combining Huawei's advanced technology in smart vehicles with Dongfeng's 56 years of manufacturing expertise [2] - The project, codenamed DH, was initiated in 2023 and is one of the earliest brands to adopt a co-creation model with Huawei, aiming to deliver high-quality products to users [2] Group 2 - On November 14, Huawei and GAC Group announced the launch of the "Qijing" brand, which will also be unveiled at the Huawei QianKun Ecological Conference on November 20 [5] - Liu Jiaming has been appointed as the CEO of the Qijing brand, responsible for brand strategy, product planning, market expansion, and operational management [5] Group 3 - Liu Jiaming has over 25 years of experience in the automotive industry, having worked in various roles at GAC Toyota and GAC Group, including sales, product planning, and investment strategy [7] - The Qijing brand aims to integrate the strengths of GAC Group and Huawei in smart technology and ecological collaboration, with its first model expected to launch by mid-2026 after completing critical development phases [7]

Core Viewpoint - The successful listing of Seres Group on the Hong Kong Stock Exchange marks a significant milestone for the company and the high-end smart electric vehicle industry in China, highlighting its ambition to become a global leader in this sector [1] Group 1: IPO Details - Seres Group was listed on November 5, 2023, on the main board of the Hong Kong Stock Exchange under the stock code 09927.HK [1] - The global offering was priced at HKD 131.50 per share, with a total issuance scale of approximately USD 1.835 billion (before the greenshoe option) [1] - The offering included a 15% over-allotment option, making it the largest IPO for a vehicle manufacturer in Hong Kong in 2025 [1] - The international placement was oversubscribed by 8.61 times, while the Hong Kong public offering was oversubscribed by 132.68 times [1] Group 2: Strategic Partnerships and Market Positioning - Seres aims to become a technology leader in the high-end smart electric vehicle market, leveraging its deep collaboration with Huawei to build technological barriers [1] - The company focuses on creating a new intelligent travel experience through its AITO series of models [1] - The listing is a crucial step for Seres to integrate into the international capital market, enhancing its global brand image and expanding its presence in Europe and Southeast Asia [1] - The IPO allows international investors to gain deeper insights into the innovative capabilities of China's high-end electric vehicle industry [1]

Core Insights - Huawei and GAC Group are collaborating to launch a new high-end smart electric vehicle brand named "Qijing" with the first model set to be released in June 2026 [3][11][30] - The partnership involves deep integration of Huawei's technology, including the "Kun" intelligent solutions, and the adoption of Huawei's product development and marketing processes from the outset [19][30] Group 1: Brand Development - The name "Qijing" was suggested by Huawei's founder Ren Zhengfei, aiming for a youthful and technological brand image [8][30] - The brand targets the market segment above 300,000 yuan, focusing on pure electric and range-extended models [3][30] Group 2: Team and Collaboration - Huawei has deployed a team of several hundred personnel to work closely with GAC on the Qijing project [6][21] - The collaboration allows for independent operation of the Qijing project, with both companies merging their teams for product development and manufacturing [19][30] Group 3: Product Features and Timeline - The first model of Qijing has completed its design and summer testing, with a focus on a stylish and sporty appearance [14][16][11] - The vehicle will feature Huawei's full-stack solutions for intelligent driving, smart cockpit, and cloud services [3][19]

Core Insights - The high-end smart electric vehicle brand "Qijing," jointly created by GAC Group and Huawei, has completed the design finalization of its first model after an 8-month process involving numerous design reviews [1][4] - Huawei's rotating chairman, Xu Zhijun, personally led the review process and highly praised the final design, indicating strong leadership involvement [4] - The collaboration represents a successful case of "embedded collaboration," effectively integrating user needs into the product definition process [4] Company Collaboration - The design phase involved nearly 100 professionals from both GAC and Huawei, including top design resources from Huawei's Milan Aesthetics Research Institute, ensuring a blend of international aesthetics and local market competitiveness [4] - The new vehicle has garnered positive feedback not only from young employees but also from experienced Huawei executives, highlighting its broad appeal [4] Market Positioning - GAC Group's general manager expressed confidence in the future development of Qijing, suggesting that the vehicle will be a "type" choice that many will fall in love with at first sight [4] - With successful validation of thermal management and system reliability testing in extreme conditions, Qijing is steadily progressing towards its goal of becoming "the first high-end smart car for young people" [4] - The new vehicle is expected to generate significant market attention, reflecting the collective effort and expectations from various stakeholders [4]

Core Insights - The high-end smart electric vehicle brand "Qijing," jointly created by GAC Group and Huawei, has completed the design finalization of its first model, marking a significant milestone in product development [1][4] - GAC Group's senior executive Feng Xingya praised the vehicle's design, expressing confidence that it will attract consumers' attention [1] - The collaboration involved a dedicated team of nearly 100 people over the past eight months, including experts from Huawei's Milan Aesthetics Research Institute, resulting in multiple design reviews [4] Design and Development - The final design has received unanimous approval from both technical and manufacturing teams, with Huawei's rotating chairman Xu Zhijun also expressing high praise for the vehicle's aesthetics [4] - The Qijing vehicle emphasizes not only exterior design but also internal quality and performance, aiming to blend international aesthetic concepts with local market demands [6]

Core Insights - Dongfeng Yipai has announced a public solicitation for a brand name and logo design for the DH project, a collaboration with Huawei, emphasizing a two-character Chinese name format [1] - The DH project, initiated in January 2023, aims to develop a high-end intelligent full-size SUV, with the first model expected to launch in 2026 [2] - The project adopts a "four unions" model, focusing on joint definition, development, co-creation, and marketing, with teams from Dongfeng and Huawei working closely together [2] - Recent developments include a significant investment by Changan Automobile in Shenzhen Yingwang, purchasing a 10% stake from Huawei for 11.5 billion yuan [2] - Hongmeng Zhixing has reported strong sales performance, with over 48,500 orders during the National Day holiday period and cumulative deliveries exceeding 950,000 vehicles [4] Group 1 - Dongfeng Yipai is seeking a two-character Chinese name for its brand, with examples like "X境" provided [1] - Multiple trademarks related to the "境" character have been registered by Shenzhen Yingwang and Dongfeng, indicating a strategic branding effort [1] - The DH project is characterized by deep integration between Dongfeng and Huawei teams, enhancing collaboration from R&D to market [2] Group 2 - The first model from the DH project is planned for a 2026 release, targeting the high-end SUV market [2] - Changan Automobile's investment in Shenzhen Yingwang reflects ongoing strategic partnerships in the automotive sector [2] - Hongmeng Zhixing's recent sales figures indicate a robust market presence and consumer demand for its vehicles [4]

Core Viewpoint - The collaboration between GAC Group and Huawei aims to create a new high-end electric vehicle brand, "Qijing," which is positioned to enter the 300,000-level high-value market next year, emphasizing user experience and technological innovation [5][6][9]. Group 1: Partnership Development - GAC Group's Chairman, Feng Xingya, visited Huawei's founder, Ren Zhengfei, in June, leading to a strategic partnership that culminated in the launch of the Qijing brand three months later [4][10]. - The partnership is characterized as an "embedded" collaboration, focusing on integrating both companies' strengths to create a globally influential new automotive brand [12][16]. - The development timeline shows rapid progress, with key milestones achieved within months, indicating a strong commitment from both parties [10][12]. Group 2: Organizational Innovation - GAC initiated an Integrated Product Development (IPD) reform in January, which incorporates Huawei's methodologies to enhance product development and market responsiveness [15][17]. - The new organizational structure aims to break down barriers between departments, ensuring that user insights directly inform product development [15][16]. - This approach positions Qijing uniquely in the market, as it emphasizes a user-centric development process rather than a traditional supplier-client relationship [13][17]. Group 3: Competitive Advantages - Qijing is expected to leverage three core competitive advantages: precise user insight capabilities, advanced R&D technology systems, and comprehensive quality management throughout the product lifecycle [17][22]. - The brand targets young consumers with a focus on design, driving experience, and intelligent features, aligning with current market trends [17][31]. - GAC's extensive experience in vehicle manufacturing and technology, combined with Huawei's expertise in smart solutions, provides a robust foundation for Qijing's success [21][26]. Group 4: Market Readiness - The first Qijing vehicle is set to launch in mid-next year, following an 18-month development cycle that reflects the high priority both companies place on this project [19][20]. - GAC's advanced manufacturing capabilities, including a state-of-the-art factory and quality management systems, position Qijing to meet high consumer expectations in the premium market [22][23]. - The collaboration has already attracted significant interest from top dealers, indicating strong market anticipation for the Qijing brand [35].

Group 1 - GAC Group and Huawei have announced the establishment of a new brand, "Qijing," with Liu Jiaming appointed as CEO to oversee brand strategy, product planning, market expansion, and operations [2][3] - Liu Jiaming brings over 25 years of automotive industry experience, having worked in various roles including sales, product planning, investment strategy, and technology management [2][3] - The appointment of Liu Jiaming signifies the strategic importance of the Qijing brand within both GAC and Huawei, indicating a rapid advancement in their strategic partnership [3][4] Group 2 - The collaboration between GAC and Huawei began with a strategic cooperation agreement signed in November last year, focusing on smart vehicle product development, marketing, and ecosystem services [4][6] - High-level interactions between GAC and Huawei executives have increased, with discussions on automotive industry trends and marketing innovations [4][6] - The Qijing brand is positioned as a high-priority initiative for GAC, with a dedicated new company established and Huawei deploying key personnel to support the project [7] Group 3 - Qijing aims to redefine the high-end smart electric vehicle market, leveraging the strengths of both companies to create a competitive edge [8][9] - The integration of Huawei's advanced smart technologies and GAC's manufacturing expertise is expected to meet the evolving consumer demand for safe and reliable smart driving experiences [8][9] - Qijing will utilize Huawei's IPD and IPMS systems to ensure collaboration throughout the product development and marketing processes, enhancing responsiveness to user needs [9] Group 4 - The launch of Qijing is seen as a strategic move to target the new generation of high-end automotive consumers, aiming to disrupt the current homogenized competition in the high-end electric vehicle market [9] - Qijing is positioned not just as a new player but as a "new species" in the automotive market, with a clear strategic direction [9]

Group 1 - The "Qijing" brand has officially announced its establishment, with Liu Jiaming appointed as the CEO, responsible for brand strategy, product planning, market expansion, and operational management [1][3] - Liu Jiaming has over 25 years of experience in the automotive industry, having worked at GAC Toyota and GAC Group, and has expertise in sales, product planning, investment strategy, and technology management [1] - The "Qijing" brand is a high-end intelligent electric vehicle brand jointly created by GAC Group and Huawei, with a focus on integrating advanced smart technologies from Huawei and GAC's expertise in electric power and vehicle manufacturing [3] Group 2 - GAC Group's chairman, Feng Xingya, emphasized that "Qijing" will be prioritized, with concentrated resources allocated to ensure its long-term development [3] - The brand will feature Huawei's cutting-edge smart technologies in areas such as assisted driving, intelligent cockpits, user ecosystems, and brand marketing, showcasing a strong collaboration between the two companies [3] - The new CEO is expected to engage with industry stakeholders on topics of interest in the future [3]

Core Viewpoint - GAC Group appointed Liu Jiaming as the CEO of the "Qijing" brand, a high-end intelligent electric vehicle brand co-created with Huawei, emphasizing the integration of both companies' strengths in intelligence, ecology, and brand synergy [2] Group 1 - Liu Jiaming has over 25 years of experience in the automotive industry, having served long-term at GAC Toyota and GAC Group [2] - During his tenure at GAC Toyota, Liu led the planning of popular models such as Highlander and Camry, and implemented "structural reform" in sales [2] - The appointment was witnessed by Huawei's rotating chairman Xu Zhijun and GAC Group chairman Feng Xingya, highlighting the collaboration between the two companies [2]