11月3日，吉利控股集团和吉利汽车控股有限公司（以下统称"吉利"），与雷诺集团正式签署巴西 战略合作最终协议（以下简称"协议"），双方将深化战略合作，通过雷诺巴西公司生产及销售吉利和雷 诺的新能源车型。 早在2021年，吉利便宣布，与雷诺集团签署谅解备忘录，建立创新型合作伙伴关系。2022年5月， 吉利汽车拟认购雷诺韩国34.02%股份，"借助"雷诺进军韩国市场。2023年7月，雷诺集团发布消息称， 与吉利签署一项50:50的约束性合资协议，成立一家新公司，在全球范围内研发、制造和供应混合动力 总成和高效的燃油动力总成。新公司将由雷诺集团与吉利共同领导，董事会成员双方各占一半，共同制 定和执行公司发展战略。 "此次合作是继吉利雷诺韩国整车合资项目和吉利雷诺全球动力总成全面合并项目浩思动力总成公 司成立之后，吉利与雷诺战略合作又一重要里程碑。"吉利控股集团董事长李书福表示，双方将继续探 索新市场、新机遇，双方将共同发展，通过协同战略与跨洲际合作形成规模效应。 实际上，雷诺与吉利结缘已久。 协议显示，吉利收购雷诺巴西公司26.4%的股份，雷诺集团继续保持控股股东地位并合并财务报 表。作为少数股东，吉利可共享雷诺巴 ...

Core Viewpoint - The stock price of Haima Automobile has surged, reaching a four-year high of 7.99 yuan, despite significant discrepancies with the company's fundamentals [3]. Financial Performance - In Q3, Haima Automobile reported a revenue of 598 million yuan, a year-on-year increase of 33.0%, but the net profit attributable to shareholders was only 80,000 yuan, down 99.86% [4][6]. - For the first three quarters, total revenue was 1.253 billion yuan, up 19.84%, while the net profit attributable to shareholders was -74.44 million yuan, a decline of 232.68% [4][6]. - The operating cash flow was negative, with a net cash flow from operating activities of -297 million yuan, reflecting a decrease of 285.54% [6]. Sales Performance - Sales data for Haima 7X showed only 4 units sold in September and no sales in October, totaling 45 units from January to October [4]. - Haima 7X-E and Haima 8S have not recorded any sales in the past year [4]. Production Capacity - The company has production capacity support, with both the Haikou and Zhengzhou bases having a capacity of 150,000 vehicles per year [4]. Management Response - In response to investor inquiries about profitability and operational improvement, the management expressed commitment to turning around the company's performance [5]. - A risk announcement was made, stating that there have been no significant changes in the company's operational situation or external environment [5].

Core Viewpoint - The company has successfully integrated its vehicle-mounted software and hardware products into multiple new mass-produced models from major automotive manufacturers such as Geely, Xiaopeng, SAIC, Great Wall, Dongfeng, and FAW [2] Group 1 - The company responded to investor inquiries on November 4 regarding its product applications [2] - The vehicle-mounted products are currently being utilized in various new models from several well-known automotive manufacturers [2] - For more detailed information about the related business, the company refers investors to its periodic reports [2]

Core Viewpoint - Haima Automobile's stock price has surged, reaching a four-year high of 7.99 yuan, despite significant discrepancies between its stock performance and fundamental financial metrics [1]. Financial Performance - For Q3, Haima reported revenue of 598.35 million yuan, a year-on-year increase of 33.0%, but the net profit attributable to shareholders was only 80,000 yuan, down 99.86% [2][6]. - The company's net profit for the first three quarters was -74.44 million yuan, a decline of 232.68% year-on-year, with total revenue of 1.25 billion yuan, up 19.84% [2][6]. - The operating cash flow was negative, amounting to -297.10 million yuan, reflecting a significant decline of 285.54% [6]. Sales Performance - Sales data for the Haima 7X model showed only 4 units sold in September and no sales in October, totaling 45 units sold from January to October. The Haima 7X-E and Haima 8S had no sales in the past year [4]. Production Capacity - Haima has production capacity support, with both its Haikou and Zhengzhou bases capable of producing 150,000 vehicles annually [5]. - The company has acknowledged the need to improve its operational performance and is committed to turning around its business situation [5]. Market Position - Haima's primary products include the Haima 7X-E, Haima 7X, and Haima 8S, targeting both domestic key markets and overseas markets [3].

Group 1 - The core point of the news is that Saisir (601127)(09927) will be listed in Hong Kong on November 5, with an initial trading price showing a slight increase from the offering price [1] - As of the close, the dark trading price for Saisir was HKD 132.4, which is 0.68% higher than the offering price of HKD 131.50, indicating a potential profit of HKD 90 per lot of 100 shares [1][2] - The trading volume reached 1.733 million shares, with a highest price of HKD 135.5 and a lowest price of HKD 129.8, reflecting a turnover rate of 1.73% [2] Group 2 - The total market capitalization of Saisir is approximately HKD 13.266 billion [2] - The opening price for the day was HKD 130.0, showing a positive trend in the early trading session [2] - The MACD indicator shows a slight positive momentum with a DIF of 0.039 and a DEA of 0.020, suggesting potential bullish sentiment [4]

作为特斯拉(TSLA.US)第九大股东的挪威主权财富基金投票反对特斯拉为其首席执行官埃隆.马斯克提供 的史无前例的1万亿美元薪酬方案。这是目前来自特斯拉大股东之一的最强烈反对信号。截至发稿，特 斯拉周二美股盘前跌超2%。 此外，该基金还反对股东提议特斯拉投资马斯克的人工智能初创公司xAI，并反对艾拉.埃伦普瑞斯(Ira Ehrenpreis)和凯瑟琳.威尔逊-汤普森(Kathleen Wilson-Thompson)连任特斯拉董事会成员。该基金支持的 一位即将连任的董事是爱彼迎的联合创始人乔杰比亚(Joe Gebbia)。 该基金在解释反对两位董事连任的投票理由时写道："当董事会未能以股东的最佳利益为导向行事时， 股东应有权寻求对董事会作出调整。"该基金未说明其反对特斯拉投资xAI的原因，也未解释支持杰比亚 连任的理由。 特斯拉股东大会召开在即 不过，这项薪酬提案引发机构股东服务公司(ISS)等代理咨询机构的批评。ISS呼吁投资者投反对票，理 由是该方案规模过于庞大且缺乏有效约束机制。 由挪威央行投资管理公司(NBIM)运营的挪威主权财富基金在其官网中表示："尽管我们认可马斯克以其 远见卓识为公司创造了巨大的 ...

Core Insights - NIO's vehicle deliveries reached a record high in October, with a total of 40,397 units delivered, marking a year-on-year increase of 92.6% [1][4][12] - The company has established a three-brand matrix consisting of NIO, Ladao, and Firefly, which has contributed to its market presence and sales performance [3][11][15] Delivery Performance - In October, NIO delivered 17,143 units under the NIO brand, 17,342 units under the Ladao brand, and 5,912 units under the Firefly brand [1] - Cumulatively, NIO has delivered 913,182 vehicles, with 779,319 from the NIO brand, 107,621 from Ladao, and 26,242 from Firefly [1] Brand Strategy - NIO has shifted focus from idealism to product-centric strategies, emphasizing the importance of tangible product quality over brand narratives [7][12] - The introduction of models like the Ladao L90 and the new ES8 reflects a strategic pivot towards mainstream market appeal and user experience [9][10] Technological Advancements - NIO's self-developed 5nm driving chip NX9031 has been integrated into vehicles, enhancing performance and reducing costs by approximately 10,000 yuan per vehicle [12][15] - The company has also developed a comprehensive operating system and smart chassis, which facilitate a seamless integration of software and hardware [12][15] Operational Efficiency - The implementation of the CBU (Core Business Unit) mechanism has improved operational efficiency, allowing for clearer accountability and faster problem resolution [13][15] - NIO's gross margin has returned to 15%, with a target of reaching 20%, indicating improved financial health and operational performance [15] Market Positioning - NIO's three-brand strategy has begun to show significant market potential, positioning the company as a leader in the multi-brand strategy within the Chinese automotive sector [15][16] - The successful delivery of the Firefly brand, which caters to younger consumers, complements NIO's overall brand strategy and enhances its market appeal [11][16]

Core Insights - Geely Galaxy brand has achieved significant sales growth, reaching 127,476 units in October, a year-on-year increase of 101% and a month-on-month increase of 5%, marking a historical high [2] - The brand has sold a cumulative total of 1,002,000 units in the first ten months of the year, achieving its annual sales target ahead of schedule and becoming the fastest electric vehicle brand to reach this milestone [2] - Geely is repurposing the former SAIC-GM North Factory in Shenyang to increase production capacity for the Galaxy models, with an investment of approximately 890 million yuan [1][6] Production Capacity and Strategy - The production capacity for Galaxy models is currently under pressure due to rapid sales growth, with existing facilities in various locations having a combined annual capacity of nearly 1 million units [6] - Geely has decided not to build new factories or expand existing ones, focusing instead on optimizing existing production capacity and forming strategic partnerships [7] - The company is actively recruiting for various departments at the Shenyang facility to support the production ramp-up [1] Product Development - The Galaxy product lineup is continuously expanding, with the recent global launch of the new generation Galaxy Xingyao 6, available in seven variants priced between 68,800 to 99,800 yuan [3] - Several models under the Galaxy brand, such as the Galaxy E5 and Galaxy M9, have become bestsellers, contributing to the brand's strong market presence [2][6]

Group 1 - Xiaomi's CEO Lei Jun emphasized the importance of continuous vehicle testing for Xiaomi's automotive division, stating that testing is crucial throughout the product lifecycle to ensure quality and enhance user experience [2] - Gaode is entering the Robotaxi sector with plans to expand globally, indicating a strategic focus on this area as a significant growth segment for the company [2] - Sichuan Yema Automobile has been listed as operating abnormally due to being unreachable at its registered address, highlighting potential operational challenges within the company [2] Group 2 - Tesla's sales in Europe have significantly declined, with Sweden experiencing an 89% drop in new registrations, while other markets like Norway and the Netherlands also saw around a 50% decrease; however, France reported a slight increase of 2.4% in registrations, albeit from a low base [2]

⑥ 【星巴克以40亿美元出售中国业务60%股权】据外媒，星巴克公司同意以40亿美元将中国业务的控 股权出售给私募股权公司博裕资本，以改善其在中国市场的经营表现。星巴克盘前跌超0.5%。 ① 【三大期指齐跌】道指期货跌0.98%、标普500指数期货跌1.28%、纳指期货跌1.61%。 ② 【科技股普跌】科技股盘前多数走低，Palantir跌近8%，甲骨文、英特尔、AMD跌超2.5%，英伟 达、博通跌近2.5%。 ③ 【中概股普跌】中概股盘前多数下跌，小鹏汽车跌超4%，阿里巴巴、京东、蔚来跌超3%，蔚来、理 想跌约2%，拼多多跌超1.5%。 ④ 【特斯拉跌超2.5%】特斯拉盘前跌超2.5%。消息面上，规模1.9万亿美元的挪威主权财富基金拒绝了 特斯拉CEO埃隆·马斯克提出的1万亿美元薪酬方案，成为首个对该方案做出决定的主要投资者。 ⑤ 【超微电脑跌近3%】人工智能服务器制造商超微电脑盘前跌近3%。消息面上，该公司将于11月4日 （周二）盘后发布2026财年第一季度财报。市场对该公司在这一季度营收的普遍预期为58.3亿美元，较 去年同期下滑1.9%。 ⑦ 【丹尼斯涨近50%，获私有化收购】美国连锁餐厅丹尼斯盘前大涨 ...