长江商报消息 ●长江商报记者 黄聪 首个汽车央企与华为深度共创的汽车品牌揭开面纱。 近日，华为乾崑生态大会现场，东风汽车与华为乾崑联合打造的新能源汽车品牌"奕境"正式亮相。 据了解，"奕境"品牌未来将聚焦目标市场，构建覆盖多级别、多车型的丰富产品矩阵。其首款车型计划 于2026年4月北京车展正式亮相，后续将保持每年至少1款全新车型上市的节奏。 东风奕派汽车科技公司总经理汪俊君透露，这一品牌是双方组建单一团队、投入百亿资金、历时三年深 耕的倾力之作，彰显了双方毫无保留的合作诚意。 近日，东风汽车董事长、党委书记杨青指出，东风汽车正加快推进新能源转型升级，在不断加大研发投 入力度、稳固国内市场的同时，全力拓展海外市场布局。 首款车型2026年4月亮相 近日，华为乾崑生态大会现场，东风汽车与华为乾崑联合打造的新能源汽车品牌"奕境"正式亮相。 作为首个汽车央企与华为深度合作孕育的全新汽车品牌，"奕境"的诞生开创行业"联合定义、联合开 发、联合办公"的全新合作模式，将集中双方优势资源聚焦高品质家庭用车市场，为智慧新能源汽车行 业发展注入新动能。 岚图汽车前10月销量增90.7% 作为汽车制造的"国家队"，东风汽车持续坚 ...

Core Viewpoint - Dongfeng Fengshen's new model, Fengshen L8, has been launched for pre-sale with a price range of 129,900 to 149,900 yuan, marking a significant step in Dongfeng's strategic shift towards new energy vehicles [2][3]. Group 1: Product Features - The Fengshen L8 features a 4-speed + ECVT electric drive combination, a 1.5T turbocharged hybrid engine, a 30.3 kWh battery, and a 55L fuel tank, offering a pure electric range of 248 kilometers and a comprehensive fuel consumption of 2.4L/100km [3]. - The vehicle is equipped with a fast charging capability, allowing the battery to charge from 20% to 80% in just 18 minutes [3]. - Comfort features include a cloud-soft sofa made from PVC baby-grade skin-friendly material, a zero-pressure SPA function for the driver's seat, and a 15.6-inch rear ceiling screen with a 19-speaker WANOS panoramic sound system [3]. Group 2: Strategic Importance - The Fengshen L8 is the first strategic model launched by Dongfeng Yipai Technology, which was established to enhance the integration of Dongfeng's three brands: Dongfeng Yipai, Dongfeng Nano, and Dongfeng Fengshen [4]. - Dongfeng's "Future Wings" strategic plan aims to support rapid development through four pillars: technology, products, branding, and overseas expansion [4]. - The new positioning of Dongfeng Fengshen focuses on "embracing a new family lifestyle" and aims to become a key player in the overseas market while continuing to serve domestic customers [5]. Group 3: Market Goals - Dongfeng Yipai Technology aims to achieve an annual sales target of 500,000 units for the Fengshen brand, which would account for one-third of the company's overall target of 1.5 million units [6].

Core Viewpoint - Dongfeng Yipai Automotive Technology Company (Yipai Technology) aims to become a model of a user-oriented and technology-driven enterprise, focusing on integrating its brand structure and enhancing its product offerings through strategic partnerships, particularly with Huawei [2][3][8]. Group 1: Company Overview - Yipai Technology was officially launched after the integration of three brands: Dongfeng Fengshen, Dongfeng Yipai, and Dongfeng Nami, into a new strategic framework [3][4]. - The company is led by General Manager Wang Junjun, who emphasizes a user-centric and technology-driven approach to becoming a reliable tech company [3][4]. - The new brand architecture will focus on a "dual brand, multi-series" strategy, consolidating resources to enhance brand competitiveness and operational efficiency [4][5]. Group 2: Strategic Plans - Yipai Technology has introduced the "Future Wings" strategy, which includes four pillars: Technology Wing, Brand Wing, Product Wing, and Overseas Wing, to drive rapid development [2][3]. - The product matrix is expected to expand to 20 models by 2028, with a commitment to annual updates for each model [4][5]. - The company plans to launch a new intelligent premium series in collaboration with Huawei, with the first model being a full-size SUV set to debut in 2026 [8]. Group 3: Market Positioning - The integrated Dongfeng Yipai brand will offer two main product lines: mainstream technology aimed at young consumers and intelligent premium products targeting the mid-to-high-end market [4][5]. - Dongfeng Fengshen will focus on the global energy-efficient vehicle market, enhancing technology and expanding product offerings [4][5]. - The overall sales target for the three brands under Dongfeng is projected to reach 213,000 units in 2024, reflecting an 82.4% year-on-year growth [5]. Group 4: User Engagement and Efficiency - Yipai Technology aims to enhance user engagement by implementing a rapid response system for user inquiries and feedback, with a goal of resolving issues within a day [7]. - The company emphasizes the importance of user feedback in driving technological innovation and product development [7]. - Regular user communication sessions and direct access to executives are part of the strategy to ensure user needs are prioritized [7]. Group 5: Collaboration with Huawei - The partnership with Huawei is set to deepen, focusing on smart vehicle development and enhancing product technology [8][9]. - The collaboration aims to leverage Huawei's advanced technologies, such as the next-generation Qian Kun intelligent driving system and HarmonyOS cockpit, in Yipai Technology's upcoming models [8][9]. - This strategic alliance is part of a broader trend within Dongfeng's brands to enhance their technological capabilities and market positioning [9].

Core Viewpoint - The announcement of the transfer of 80% equity of Qingling Group from Chongqing State-owned Assets Supervision and Administration Commission to Chongqing Yufu Holding Group is expected to enhance the company's capital operations and support its transition to new energy vehicles [1][3][10]. Group 1: Equity Transfer Details - On June 10, Qingling Automobile received notification regarding the transfer of 80% equity of Qingling Group from Chongqing State-owned Assets Supervision and Administration Commission to Chongqing Yufu Holding Group [3]. - Before the transfer, Chongqing State-owned Assets Supervision and Administration Commission held 100% of Qingling Group, which in turn held 50.1% of Qingling Automobile. After the transfer, the commission will hold 20% directly and 80% indirectly through Yufu Holding [3]. - The controlling shareholder of Qingling Automobile remains Qingling Group, and the actual controller continues to be Chongqing State-owned Assets Supervision and Administration Commission, ensuring that the main business operations are not materially affected [3]. Group 2: Yufu Holding Overview - Yufu Holding, established on August 15, 2016, is a state-owned capital operation platform under Chongqing State-owned Assets Supervision and Administration Commission, with a registered capital of RMB 16.8 billion [7]. - The company focuses on advanced manufacturing and strategic emerging industries, aiming to enhance collaboration within the industrial chain through capital investment and resource integration [7]. Group 3: Strategic Initiatives and Collaborations - Qingling Automobile is actively integrating into Chongqing's modern manufacturing cluster and accelerating its transition to new energy, leveraging its advantages in capital, assets, qualifications, and brand [8]. - The company has deepened strategic collaborations with leading firms such as Bosch, Huawei, and CATL, showcasing new energy products like the world's first megawatt-level ultra-fast charging heavy truck and a new energy light truck [8]. - Qingling Automobile is celebrating its 40th anniversary of continuous joint ventures with Isuzu, planning to launch new products and enhance comprehensive cooperation in the field of intelligent connected new energy commercial vehicles [8].

Core Viewpoint - The announcement details the transfer of 80% equity of Qingling Group, the controlling shareholder of Qingling Motors, to Chongqing Yufu Holding Group, which is a state-owned capital operation platform under the Chongqing State-owned Assets Supervision and Administration Commission [1][2]. Group 1: Shareholder Structure and Changes - After the equity transfer, Qingling Group will still hold 50.1% of Qingling Motors, while the Chongqing State-owned Assets Supervision and Administration Commission will continue to hold 20% of Qingling Group directly and 80% indirectly through Yufu Holding [3]. - The equity transfer will not change the controlling shareholder or the actual controller of Qingling Motors, which will remain Qingling Group and the Chongqing State-owned Assets Supervision and Administration Commission respectively [3]. Group 2: Strategic Initiatives and Collaborations - The company is actively integrating into Chongqing's "33618" modern manufacturing cluster and "416" technology innovation layout, accelerating its transition to new energy [2]. - Collaborations with leading companies such as Bosch, Huawei, and CATL are ongoing, with notable projects including the world's first megawatt-level ultra-fast charging heavy truck "Lingjie" and the new energy light truck "Lingkun" [2]. - The company is celebrating 40 years of uninterrupted joint ventures with Isuzu and plans to launch new products focusing on smart connected new energy commercial vehicles [2]. Group 3: Implications of the Equity Transfer - The equity transfer is expected to enhance the company's new energy transition and promote high-quality development through capital investment and resource integration [2]. - The transfer will be conducted in compliance with relevant laws and regulations, including the Hong Kong Code on Takeovers and Mergers, and may trigger mandatory general offer obligations [3].

Core Viewpoint - The company is expected to achieve significant growth driven by its low-voltage lithium battery products, with strong performance in Q1 2025 and a positive outlook for the coming years [1][2][3]. Financial Performance - The company forecasts a revenue of 15.6 billion yuan for 2024, representing a year-on-year growth of 10.75%, and a net profit attributable to shareholders of 614 million yuan, up 7.26% [2]. - For Q1 2025, the estimated net profit range is between 223 million to 255 million yuan, indicating a year-on-year growth of approximately 43% to 63% [2]. - The projected earnings per share (EPS) for 2024-2026 are 0.52, 0.73, and 0.85 yuan, with growth rates of 7.3%, 40%, and 16.8% respectively [2]. Business Growth - The low-voltage lithium battery business is experiencing high growth, with significant increases in sales, particularly in the automotive sector, contributing to steady operational performance [3]. - The company is positioned as a leader in the low-voltage lithium battery market, benefiting from advanced technology, high product quality, and strong relationships with major manufacturers [3]. - The automotive low-voltage lead-acid battery sales are also increasing, with improved profitability from the recycling of used lead-acid batteries [3].