Group 1 - Wang Hui has been appointed as the Chairman of Avita Technology, overseeing the company's strategic planning, decision-making, operational management, and global business [2] - Wang Hui has over 20 years of experience in the automotive industry, with expertise in corporate strategy, capital operations, process research and development, overseas markets, and supply chain collaboration [4] - Under Wang Hui's leadership, Avita is positioned for brand enhancement and accelerated globalization, focusing on integrating high-quality global resources and expanding into overseas markets [5] Group 2 - Wang Hui has played a crucial role in advancing strategic partnerships between Changan Automobile and leading companies such as Huawei and CATL, contributing to Changan's global strategy [4] - Prior to his role at Avita, Wang Hui held various significant positions within Changan Automobile, gaining extensive experience in strategic planning and joint venture project management [5]

Core Viewpoint - Avita Technology has appointed Wang Hui as the new chairman, who will oversee the company's strategic planning, decision-making, and global operations [2][3]. Group 1: Leadership and Experience - Wang Hui, born in August 1981, has nearly 20 years of experience at Changan Automobile, where he held various leadership roles, including Vice President [2]. - Prior to his new role, Wang was involved in strategic planning and project management at Changan, showcasing his extensive management experience and global strategic vision [2][3]. Group 2: Strategic Initiatives - Wang Hui is expected to enhance Avita Technology's collaboration with Huawei and accelerate its globalization efforts [3]. - He has previously supported the development of the Avita brand and facilitated strategic partnerships with Huawei and other leading companies [3][4]. Group 3: Sales Performance - Under the previous leadership of Zhu Huarong, Avita Technology achieved significant sales growth, with a projected total of 73,600 units sold in 2024, representing a 140% year-on-year increase [4]. - In the first half of this year, Avita's cumulative sales reached 59,100 units, more than doubling compared to the previous year [4]. Group 4: Future Plans - Avita Technology aims to expand its presence in 50 countries and regions by 2025, with a sales target of 15,000 units, and plans to enter the European market in 2026 [4].

Group 1 - Wang Hui has been appointed as the chairman of Avita Technology, taking over from Zhu Huarong, and will oversee the company's strategic planning, decision-making, and global operations [1] - Wang Hui has a strong background in the automotive industry, having joined Changan Automobile in July 2003 and held various leadership roles, showcasing his management experience and global strategic vision [3] - Avita has launched three models since its inception, with total sales reaching 55,537 units in 2024 and 70,402 units from January to August 2025, highlighting the success of the Avita 07 model with 30,717 units sold [5][7] Group 2 - Avita plans to unveil a new concept car, VISION XPECTR.A, at the 2025 Munich Auto Show, which will showcase a new design language and luxury feel, with plans to launch four new models in the next three years targeting the luxury market [7] - The company aims to enter the European market in 2026, with a target of 60,000 units overseas by 2027, and plans to launch 17 new products by 2030, including SUVs, MPVs, and sports cars [12] - Under the "New Changan" strategy, Avita is positioned for brand elevation and accelerated globalization, with Wang Hui's leadership expected to enhance the company's focus on new luxury strategies and global resource integration [12]