长江商报消息 ●长江商报记者 黄聪 重回行业领先，上汽集团（600104.SH）做到了。 10月30日晚间，上汽集团发布2025年第三季度报告。公司前三季度营业总收入达4689.9亿元，同比增长 8.95%；归属于上市公司股东的净利润（简称"归母净利润"）达81.01亿元，同比增长17.28%；归属于上 市公司股东的扣除非经常性损益的净利润（简称"扣非净利润"）71.22亿元，同比增长578.58%。 其中，第三季度，上汽集团营业总收入达1694.03亿元，同比增长16.19%；归母净利润达20.83亿元，同 比增长644.88%；扣非净利润16.92亿元，同比增长5699.86%。 上汽集团表示，公司通过全力开拓市场，销量实现较快增长；同时全面深化改革，着力提高运营效能， 成本费用得到有效控制，并进一步加强了资金管理。 其中，第三季度，上汽集团营业总收入达1694.03亿元，同比增长16.19%；营业收入达1668.88亿元，同 比增长17.06%；利润总额达57.97亿元，同比增长161.76%；归母净利润达20.83亿元，同比增长 644.88%；扣非净利润16.92亿元，同比增长5699.86%。 同 ...

Core Insights - The article highlights the rapid development and transformation of Jiading District in Shanghai, focusing on its advancements in manufacturing, healthcare, and overall quality of life for residents [1][2][4]. Manufacturing and Industry - Jiading District has established itself as a manufacturing hub, with a strong emphasis on new industrialization and digital transformation, leading to the creation of 103 smart factories [2]. - The automotive industry is a key pillar of Jiading's economy, contributing 70% to industrial output, 60% to sales, 50% to GDP, 40% to employment, and 30% to tax revenue [2]. - The total output of the automotive "new four modernizations" is projected to increase from 94.3 billion in 2020 to 267.2 billion by 2024 [2]. Technological Advancements - The SAIC Audi Intelligent Manufacturing Base in Anting represents Jiading's commitment to electric and intelligent vehicle production, featuring 100% automation in key processes [3]. - The base integrates advanced technologies such as AI visual inspection and digital twin simulation, aiming for high precision and efficiency in manufacturing [3]. Healthcare Innovations - Jiading is enhancing its healthcare services by integrating high-quality medical resources and promoting collaborative innovation in biomedicine and medical devices [4][5]. - The Ruijin Hospital Jiading District has 1,400 approved beds and utilizes technologies like IoT and big data to improve healthcare delivery and management [5][6]. - The district aims to create a comprehensive health service system, with over 90% of the community having access to healthcare within a 15-minute walk [6]. Future Outlook - Jiading plans to continue its development trajectory by integrating into Shanghai's industrial development framework and focusing on new industrialization to support high-quality regional growth [6].

同日焕新开业的"奥迪之城"旗舰店，是上汽奥迪探索未来出行的创新实践。融合AUDI品牌视觉元素， 以时尚、未来感的空间设计，前沿数字科技和个性化服务流程，重构豪华品牌与用户的互动生态，为消 费者提供全新的购车、用车体验场景。 上汽奥迪在服务网络拓展上也稳步前行。目前，全国近200家展厅已完成形象升级，预计2025年底，将 在超100座城市建成240余家全功能用户中心，持续提升服务的广度和深度。线上服务同样不断优化，今 年4月升级的品牌App推出"奥迪品牌世界"，针对E5 Sportback车主定制6大等级、16项专属权益，涵盖 充电、娱乐、流量等多方面，全方位满足用户需求。 上汽奥迪E5 Sportback的交付和"奥迪之城"的焕新，是品牌发展的重要节点。它见证了上汽奥迪在豪华 智电领域的创新成果，也彰显了品牌以用户为中心的发展理念。随着新车交付的全面提速，上汽奥迪有 望在竞争激烈的豪华电动车市场中脱颖而出，为消费者带来更多优质选择，推动豪华智电汽车行业的发 展。 （丁延吉） 9月20日，上汽奥迪迎来重要时刻：E5 Sportback首批车主交付仪式在焕新开业的"奥迪之城"旗舰店举 行。这不仅标志着新车正式驶入 ...

Core Viewpoint - The automotive industry is undergoing a transformation towards high-quality development, with a focus on comprehensive quality management and the establishment of a quality-driven nation [1][12]. Group 1: Industry Trends - The automotive industry is entering a phase of "systematic competition," where standards and safety are becoming core anchors for quality upgrades [3]. - The "Quality Empowering New Productive Forces" concept links quality improvement with industrial upgrading and innovation development, forming a framework for sustainable development [3]. Group 2: Company Initiatives - SAIC Volkswagen integrates its German heritage into every aspect of product development, emphasizing safety as a fundamental principle and implementing a rigorous quality control system throughout the development process [5][7]. - The company has adopted three major measures to achieve efficiency and quality synergy, including parallel development processes, digital virtual technology for optimizing testing, and cross-time-zone collaboration between Chinese and German teams, resulting in a 30% reduction in development cycles [7]. Group 3: Service Quality Enhancement - In 2025, designated as "Service Quality Year," SAIC Volkswagen is focusing on enhancing service quality through digital tools, channel and team development, and proactive customer engagement [10]. - The company is modernizing its dealership network to provide consistent service quality across different market tiers, with plans to expand its luxury service coverage significantly by the end of 2025 [10]. Group 4: Future Outlook - The exploration by SAIC Volkswagen reflects the understanding that high-quality development requires a comprehensive approach, combining standards, systems, products, and services [12].

仰望U9赛道版首秀 关键词：纯电超跑/量产版售价168万元起/超3000马力 9月20日，仰望U9赛道版正式发布并启动预订。该车型全球限量30辆，支持整车定制化方案，官方同步 公布了其创造的496.22公里/小时极速成绩，以及纽博格林北环赛道6分59.157秒的圈速表现。新车在标 准版基础上进行了全面性能强化。新车目前尚未公布价格，可参考普通版U9车型指导价为168万元起。 外观方面，赛道版延续了标准版的流线型宽体设计，保留C字形大灯与放射状日行灯造型，但增加了大 量空气动力学升级。标配碳纤维车顶，并提供包含固定式天鹅颈尾翼、增强型前铲及碳纤维轮圈在内的 选装套件。车身尺寸根据配置不同略有变化，标准状态下长宽高为4966/2029/1311毫米，选装大尾翼后 高度增至1351毫米。轻量化方面运用3D打印技术制造前后舱部分结构件。 图 片来源：仰望汽车 动力系统是本次升级核心，赛道版搭载四台全新驱动电机，单机最大功率755马力，综合输出功率超过 3000马力，较标准版大幅提升。该车此前已以472.41公里/小时成绩打破电动车型极速纪录，此次发布 的496.22公里/小时数据再度刷新该项纪录。配合佳通定制半热熔轮 ...

Core Insights - The 28th Chengdu International Auto Show has opened with a theme of "Leading the Trend, Moving Towards the New," featuring nearly 120 automotive brands and over 1,600 vehicles on display, covering an area of 220,000 square meters [1] - The exhibition area for new energy brands has expanded by 40% compared to last year, marking a historical high, with significant participation from companies like Xiaomi, BYD, and Changan [1] - The auto show is seen as a crucial indicator for the development of the automotive market in Central and Western China, with expectations of stimulating automotive consumption in the second half of the year [1] Industry Trends - Domestic brands have emerged as the main attraction at the auto show, with a reported retail sales growth of 10.2% in the passenger car market for the first seven months of 2025 [2] - The new energy vehicle market has seen a significant increase, with cumulative retail sales reaching 6.455 million units, a year-on-year growth of 29.5% and a penetration rate of 50.7% [2] - Major brands like NIO, Leap Motor, and Hongmeng Zhixing have expanded their exhibition spaces, showcasing new models and technologies [2][3] Product Launches - Numerous models made their global or Chinese debuts at the auto show, highlighting the increasing trends of electrification and smart technology in vehicle design [4] - Foreign and joint venture brands are focusing on "electrification" and "localization," with Volvo and Mercedes-Benz showcasing new models that emphasize safety and environmental considerations [5] - The auto show serves as a key platform for connecting the global automotive industry chain and promoting regional consumption upgrades in Central and Western China [5] Market Outlook - The auto show is expected to boost consumer purchasing desires, with many new models reportedly setting new pre-order records [6] - The automotive industry is showing signs of improvement, with projections for 2025 indicating a 6% growth in domestic passenger car retail sales and a 27% increase in new energy vehicle wholesale [6]

Core Insights - The 28th Chengdu International Auto Show opened on August 29, featuring nearly 120 automotive brands and over 1,600 vehicles, with an exhibition area of 220,000 square meters, covering various industry hotspots including electric vehicles and robotics [1] Group 1: New Energy Vehicles - The new energy vehicle section expanded by 40% compared to last year, reaching a historic high, with Xiaomi Auto making its debut with a booth of nearly 1,000 square meters [1] - Brands like BYD, Chery, and Chang'an showcased their products prominently, with BYD introducing new technologies such as the "Tian Shen Zhi Yan" system and "MW Flash Charge" [3][4] Group 2: Domestic Brands - Domestic brands made a significant impact, with Chery Group presenting multiple brands in a dedicated hall, including the new luxury electric hybrid series from its Jetour brand [3] - Geely launched its new model, the Xingyue L, while the Lantu brand showcased its new model equipped with Huawei's advanced driving system [4] Group 3: Luxury Vehicles - Several luxury brands were notably absent, including Porsche and Lamborghini, but Volvo introduced its new XC70, a luxury hybrid with a starting price of 299,900 yuan [5][6] - Mercedes-Benz and Audi presented new models, including the AMG CLE 53 and the Q6L e-tron family, highlighting the trend of localized development in the automotive sector [7] Group 4: Regional Consumption Stimulus - The Chengdu Auto Show serves as a significant driver for regional consumption, with local authorities implementing various purchase incentives, including subsidies of up to 20,000 yuan for trade-ins [8] - A new round of automotive consumption rewards was launched, offering consumers cash rewards for purchasing vehicles during the event, further stimulating the market [11]

Core Insights - The 28th Chengdu International Auto Show opened on August 29, showcasing nearly 120 automotive brands and over 1,600 vehicles, with a total exhibition area of 220,000 square meters [1] Group 1: New Energy Vehicles - The exhibition area for new energy brands expanded by 40% compared to last year, reaching a historical high [1] - Xiaomi Auto made its debut with a booth of nearly 1,000 square meters, while brands like Huawei's HarmonyOS, Li Auto, and NIO increased their booth sizes [1] - BYD, Chery, and Changan collectively occupied entire halls, indicating strong market presence [1] Group 2: Domestic Brands - Domestic brands showcased significant presence, with Chery Group presenting its various brands in Hall 5, including the new luxury electric hybrid series [2] - BYD dominated Hall 9, featuring multiple product lines and introducing interactive technology demonstrations [2] - New models from brands like Zeekr, Geely, and Dongfeng were highlighted, showcasing advancements in electric and hybrid technology [3] Group 3: Luxury and Joint Venture Brands - Several luxury brands were notably absent, including Porsche and Bentley, while others like Volvo introduced significant new models [4] - Volvo's new XC70, a luxury hybrid model, was launched with a starting price of 299,900 yuan, emphasizing its entry into the hybrid market [4] - Joint venture brands displayed localized development achievements, with models from Buick, Toyota, and Audi highlighting their commitment to the Chinese market [10] Group 4: Consumer Incentives and Market Impact - The Chengdu Auto Show serves as a key driver for regional automotive consumption, with local government incentives to stimulate purchases [11] - A "trade-in subsidy" policy offers up to 20,000 yuan per vehicle, aimed at encouraging consumer spending [11] - The event coincides with a broader automotive consumption reward initiative, providing financial incentives for new car purchases in Chengdu [12]

Core Insights - The 29th Guangdong-Hong Kong-Macao Greater Bay Area Auto Show was highly successful, attracting over 450,000 visitors and generating more than 4 billion yuan in pre-orders for over 16,000 new cars [1] - Despite the strong attendance, traditional automakers like Mercedes-Benz, BMW, and Audi (BBA) are facing significant sales declines, with each experiencing over a 10% drop in Q1 sales year-on-year [1] - New energy vehicle companies, particularly Xiaopeng, are showing stronger performance, with Xiaopeng's new model generating 20,000 new orders in just one week after its launch [6][7] Group 1: Industry Performance - New energy vehicle companies have achieved over 30% of their annual sales targets by May, with only Xiaopeng meeting the timeline expectations for 2025 [1] - In contrast, traditional automakers like BBA are struggling, with their sales figures declining significantly compared to the previous year [1][2] - The auto show highlighted the need for BBA to innovate in marketing strategies to compete effectively with new energy vehicle companies [6][7] Group 2: Marketing Strategies - BBA's traditional marketing tactics, such as celebrity endorsements and price reductions, are becoming less effective compared to the innovative strategies employed by new energy vehicle companies [2][6] - Xiaomi's unique approach of using limited edition bottled water to attract visitors proved to be more effective than traditional celebrity endorsements [4][6] - Xiaopeng's successful use of celebrity endorsement with Ouyang Nana significantly boosted its visibility and sales, demonstrating the importance of effective marketing in the current competitive landscape [6][7] Group 3: Product Development - Mercedes-Benz and Audi showcased their latest localized products at the auto show, while BMW struggled to present compelling new offerings beyond price cuts [7][12] - Audi's new E5 Sportback and Mercedes-Benz's long-wheelbase CLA are positioned to enhance their market presence with advanced technology and local partnerships [9][11] - BMW's new models, including the X3, are facing declining sales and significant discounts, indicating a need for a complete overhaul of their product strategy [12]

Core Insights - SAIC Group demonstrates the evolution of the Chinese automotive industry with impressive sales figures and innovative breakthroughs in the context of global automotive transformation towards intelligence and low carbonization [1][2][4] Sales Performance - In the first four months, SAIC Group achieved a total vehicle sales of 1.321 million units, a year-on-year increase of 10.7%, with total revenue reaching 140.86 billion yuan and net profit of 3.02 billion yuan, up 11.4% [2] - The sales of self-owned brands reached 601,000 units in Q1, accounting for 63.6% of total sales, while cumulative sales of new energy vehicles reached 273,000 units, marking a nearly 30% year-on-year growth [4] Brand Performance - The Roewe brand saw a retail growth of 19% in April, with its DMH hybrid series experiencing a significant increase in sales by 110.2% [5] - The IM L6 delivered 4,366 units in April, reflecting a 55% year-on-year growth [5] - SAIC-GM-Wuling's sales reached 126,455 units in April, up 22%, with new energy vehicle sales increasing by 83.2% [6] Technological Advancements - SAIC Group is focusing on a dual-engine strategy of "technical deep-water zone breakthroughs + scenario-based innovation" to build differentiated product competitiveness [7] - The company has made significant R&D investments, leading to breakthroughs in solid-state battery technology and the mass production of 800V silicon carbide electric drive systems, establishing a technological moat [12] Global Strategy - SAIC Group launched its overseas strategy 3.0, termed "Glocal Strategy," aimed at leveraging market advantages and optimizing global resource allocation [13] - The company has established a comprehensive automotive industry chain that includes R&D, marketing, logistics, and manufacturing across over 100 countries and regions [15] - The synergy of localized deep cultivation and global resource integration is enhancing SAIC's overseas business and paving a sustainable internationalization path [17]