Core Insights - The launch of new models including the AITO M9 in a new color "Silver Purple," the AITO M7, and the first model of the Jiangjie brand, the Jiangjie H5, signifies Huawei's commitment to expanding its product matrix in the smart electric vehicle sector [1][3] - Huawei aims to enhance the Chinese smart electric vehicle industry through its HarmonyOS ecosystem, which encompasses five major smart scenarios: office, home, transportation, health, and entertainment [1][3] - The AITO M9 has achieved over 240,000 cumulative deliveries and has maintained a market sales champion status for 18 months with over 500,000 units sold, along with leading the large SUV segment in terms of resale value for eight consecutive months [1][3] Product Features - The AITO M7 offers both range-extended and pure electric power options, with configurations for five and six seats, and is equipped with Huawei's Whale Battery Platform [1][2] - The new models are equipped with advanced safety features, including the Huawei Qian Kun Intelligent Driving ADS®4 system, which utilizes 34 sensors for 360° environmental perception, doubling decision-making speed and improving traffic efficiency by 20% [2] - The Jiangjie H5 is positioned as a "smart boutique SUV," featuring the Huawei Qian Kun Intelligent Driving ADS4, a long range of 1360 km, and a comprehensive product capability that exceeds its class [2][3] Strategic Goals - Huawei's strategy includes a clear product layout that covers a wide range from family to luxury vehicles, aiming for a sales target of one million units annually [3] - The company emphasizes collaboration with partners to further empower the smart electric vehicle industry in China, enhancing the smart travel experience for consumers [3]

Core Insights - The autumn product launch event by Hongmeng Zhixing introduced new models including the Wanjie M9 in a new color "Silver Purple" and the new Wanjie M7 and Shangjie H5, enhancing the product matrix under the HarmonyOS ecosystem [1][21] - The Wanjie M9 has achieved over 240,000 cumulative deliveries as of the launch event [3] Product Upgrades - The Wanjie M9 features a new "Luxury Package" with over 50 upgraded functions, including zero-gravity seats and smart privacy windows, enhancing its high-end business appeal [5] - The new Wanjie M7 is priced between 279,800 to 379,800 yuan, offering both range-extended and pure electric options, and has undergone three years of development with an investment exceeding 4 billion yuan [7][21] - The Shangjie H5, priced from 159,800 to 199,800 yuan, targets the 150,000 yuan market segment, featuring a range of 1360 km and advanced driving assistance systems [16][19] Technical Specifications - The Wanjie M7 boasts a low drag coefficient of 0.249Cd, dimensions of 5080×1999×1780 mm, and a wheelbase of 3030 mm, providing spacious interior comfort [7][10] - The Wanjie M7 is equipped with a 16.1-inch 3K floating central control screen and various entertainment screens for enhanced passenger experience [10] - The Wanjie M7's performance includes a comprehensive range of safety features and a high-strength steel body, with a moose test score of 76.6 km/h [12][20] Charging and Range - The range-extended version of the Wanjie M7 offers a comprehensive range of 1625 km, while the pure electric version has a CLTC range of 710 km, with fast charging capabilities [14] - The charging network covers over 350 cities and 1.4 million charging piles, allowing users to reach a charging station within an average of 10 minutes [14] Strategic Goals - Hongmeng Zhixing aims to achieve annual sales of one million vehicles by enhancing its product offerings across various market segments, supported by the HarmonyOS ecosystem [21]

Group 1 - The core point of the news is the launch of two new models by Hongmeng Zhixing, namely the Shangjie H5 and the new Aito M7, with a focus on affordability and advanced technology [1][2] - The Shangjie H5 is positioned as the most affordable model equipped with Huawei's ADS4 intelligent driving assistance system, starting at 159,800 yuan, making it the first model in the Hongmeng Zhixing lineup to be priced under 200,000 yuan [1][3] - The new Aito M7 has been updated in terms of design, space, performance, and safety, with prices starting at 279,800 yuan for the range-extended version and 319,800 yuan for the pure electric version [2] Group 2 - The Shangjie H5 has received significant pre-orders, exceeding 160,000 units since its small order launch on August 25, with over 75% of orders for the top configuration [3] - The Shangjie H5 features advanced technology, including Huawei's ADS4, with a maximum electric range of 655 km for the pure electric version and a combined range of 1,360 km for the range-extended version [5] - The vehicle is designed to offer a spacious interior comparable to a C-class car while maintaining the dimensions of a B-class vehicle, emphasizing luxury and performance [5]

Core Viewpoint - The launch of the new models, the Shangjie H5 and the new Aito M7, marks a significant step for Huawei's HarmonyOS in the smart electric vehicle market, with a focus on affordability and advanced technology [2][4]. Group 1: Product Launch - On September 23, Huawei officially launched two new models, the Shangjie H5 and the new Aito M7, during its autumn product launch event [2]. - The Shangjie H5 is priced starting at 159,800 yuan, making it the most affordable model equipped with Huawei's ADS4 intelligent driving assistance system [2][5]. - The new Aito M7 has been updated in terms of design, cabin space, performance, and safety, with prices starting at 279,800 yuan for the range-extended version and 319,800 yuan for the pure electric version [4]. Group 2: Market Positioning - The Shangjie H5 is positioned as a game-changer in the mainstream SUV market, combining comfort, quality, and intelligence, according to SAIC Group's president [5]. - Since the pre-order began on August 25, over 160,000 units of the Shangjie H5 have been reserved, with more than 75% of reservations for the top configuration [5]. Group 3: Technical Features - The Shangjie H5 features Huawei's ADS4, equipped with three 4D millimeter-wave radars and the only model in its class with 192 laser radars, providing strong all-dimensional perception capabilities [9]. - The pure electric version of the Shangjie H5 has a maximum range of 655 km and a CLTC energy consumption of 13.4 kWh per 100 km, while the range-extended version offers a pure electric range of 235 km and a combined range of 1,360 km with full fuel and battery [9].

Group 1 - The robotics sector experienced a narrowing of its decline in the afternoon, with the China Securities Intelligent Electric Vehicle Index rising by 0.9%, the China Securities Consumer Electronics Theme Index increasing by 0.01%, and the China Securities Internet of Things Theme Index up by 0.4% [1] - The E Fund Robotics ETF (159530) saw over 100 million net subscriptions throughout the day, accumulating a total of 2.7 billion yuan in net inflows over the past week, bringing its latest scale to over 12 billion yuan, marking a historical high [1] - At the opening ceremony of the 25th China International Industry Fair, the Ministry of Industry and Information Technology stated that during the 14th Five-Year Plan period, it will focus on achieving new industrialization, fostering emerging and future industries, and establishing a growth mechanism for future industry investments [1] Group 2 - The Ministry of Industry and Information Technology aims to strengthen research and application promotion of cutting-edge technologies, opening new avenues in fields such as humanoid robots and brain-computer interfaces, and creating pilot zones for future industries [1]

Core Viewpoint - Avatr Technology, a collaboration between Changan, Huawei, and CATL, plans to submit its IPO application in Q4 and aims to complete the listing by Q2 next year, with a target fundraising of approximately $1 billion (around HKD 7.8 billion) [1][1][1] Company Overview - Avatr Technology was established in 2018 and aims to become a global leader in high-end smart electric vehicles, leveraging the strengths of its partners in vehicle R&D, smart automotive solutions, and smart energy ecosystems [1][1][1] Shareholding Structure - Changan Automobile and CATL are the largest shareholders, holding 40.99% and 14.1% of the shares, respectively, while Huawei provides key components such as intelligent driving algorithms and smart cockpit technologies [1][1][1] Financing History - Avatr Technology has undergone several rounds of financing, with investors including Changan Automobile, CATL, NIO, and various investment funds [1][1][1]

Core Viewpoint - Avatr Technology, a collaboration between Changan, Huawei, and CATL, plans to submit its IPO application in Q4 and aims to complete the listing by Q2 next year, with a target fundraising of approximately $1 billion [1][1][1] Group 1: Company Overview - Avatr Technology was established in 2018 and aims to become a global leader in high-end smart electric vehicles [1] - The company leverages the strengths of its partners: Changan Automotive and CATL hold 40.99% and 14.1% stakes respectively, while Huawei provides smart driving algorithms and intelligent cockpit components [1][1] Group 2: Financial and Investment Details - The company is in the final stages of preparing for its Hong Kong IPO, with CICC and CITIC Securities acting as joint sponsors [1] - Avatr Technology has undergone several rounds of financing, with investors including Changan Automotive, CATL, NIO, and various investment funds [1][1]

Core Insights - Xiaomi's founder Lei Jun emphasized that the company's recent developments have been driven by significant challenges, particularly highlighting 2020 as a pivotal year for transformation [1][3] - The upcoming annual speech on September 25 will focus on the theme of "Change," where Lei Jun will share insights on the breakthroughs in Xiaomi's self-developed chips and electric vehicles [1][7] Group 1: Challenges and Transformations - Many perceive Xiaomi's success, such as entering the Fortune Global 500 and progress in electric vehicle development, as smooth sailing; however, the reality has been filled with challenges [3] - In 2020, Xiaomi faced intensified market competition and technological bottlenecks, prompting a strategic adjustment to pave the way for future projects in vehicle manufacturing and chip development [3] Group 2: Key Areas of Transformation - Xiaomi's transformation is centered around two main areas: smart electric vehicles and self-developed chips [7] - The company officially entered the smart electric vehicle market in March 2021, with Lei Jun leading the initiative, describing it as his "last major entrepreneurial project" [7] - The first model, SU7, is set to launch in March 2024, marking a significant milestone from concept to mass production [7] Group 3: Investment in R&D - Over the past five years, Xiaomi has invested more than 105 billion yuan in research and development, with the Xuanjie O1 chip being a key technological achievement [7] - The Xuanjie chip project has a development team of over 2,500 people and has seen a cumulative investment of 13.5 billion yuan, aiming to reach the top tier of flagship experiences [7]

截至收盘，中证汽车零部件主题指数上涨1.9%，中证智能电动汽车指数上涨1.7%。 据乘联分会初步推算，9月狭义乘用车零售总市场预计为215万辆左右，环比增长6.5%，同比增长2.0%，其中新能源零售可达125万辆左右，渗透率58.1%。 | 今日该指数涨跌 | 该指 | | --- | --- | | 1.7% | 3 | （文章来源：每日经济新闻） ...

Group 1 - The core viewpoint of the article highlights the performance and valuation metrics of the Internet of Things (IoT) ETF managed by E Fund, which tracks the CSI IoT Theme Index [3] - The index focuses on companies involved in information collection, transmission, and IoT applications, emphasizing the importance of smart terminals for achieving connectivity [3] - Since its inception in 2015, the index has shown a rolling price-to-sales ratio of 32.6 times and a valuation percentile of 47.1% [3] Group 2 - The index experienced a daily change of 2.7%, indicating fluctuations in market performance [3] - The ETF's composition includes stocks that are critical to the IoT ecosystem, reflecting the growing significance of this sector in the broader market [3] - The ETF's market capitalization and trading volume are significant, with a reported volume of 159,895 [3]