Core Insights - The GT World Challenge showcased a blend of top racing talent and advanced technology, highlighted by the presence of Altec and its AI tool "TAI" [1][2] Group 1: Brand Integration and Experience - Altec's branding was prominently displayed at the event, with eye-catching logos and videos that enhanced the racing atmosphere, reflecting the confidence of Chinese automotive technology on an international stage [2] - The "TAI" AI tool allowed attendees to create their ideal GT car through simple descriptions, providing a unique interactive experience that received positive feedback from guests [2] Group 2: Technological Innovation - "TAI" is not just a standard AI drawing tool; it integrates advanced image generation models and automotive industry knowledge, enabling quick and accurate visualizations of user concepts [3] - The tool addresses challenges faced by designers in creative expression and efficiency, showcasing Altec's commitment to innovation and technology in the automotive sector [3] - Altec aims to continue expanding the boundaries of automotive design and user experience through ongoing technological advancements, aligning with the industry's shift towards smart solutions [3]

Core Viewpoint - Changan Automobile reported a decline in both April sales and first-quarter revenue, despite positive market conditions and the launch of significant models like Avita 06 and Q07 [1][3]. Sales Performance - In April 2025, Changan's sales reached 190,700 units, a year-on-year decrease of 9.27% [1][3]. - For the first four months of 2025, total sales were 895,848 units, reflecting a slight decline of 0.71% compared to the same period last year [2][3]. - The sales of joint venture brands, Changan Ford and Changan Mazda, saw significant declines of 18.48% and 5.02%, respectively, contributing to the overall drop in sales [3]. Revenue and Financials - Changan's first-quarter revenue was 34.16 billion yuan, down 7.73% year-on-year [4][5]. - The net profit attributable to shareholders was 1.35 billion yuan, an increase of 16.81% compared to the previous year [4]. - The net cash flow from operating activities was negative 3.5 billion yuan, a decline of 166.71% from the previous year [5]. Strategic Developments - Changan's chairman, Zhu Huarong, has been actively addressing the company's future, including the progress of restructuring with Dongfeng and reaffirming the sales target of 5 million units by 2030 [6][8]. - The company plans to invest over 10 billion USD to accelerate its globalization efforts [6][8]. New Model Performance - Avita and Deep Blue vehicles have shown strong sales, with Avita achieving 11,681 units in April, a year-on-year increase of 122.6% [3]. - The Q07 model received 31,000 orders in its first month, indicating strong market interest [3].