Core Insights - Chery held the 2025 Global Innovation Conference in Wuhu, showcasing its technological breakthroughs in electrification, connectivity, and intelligence, with a strategic vision of "global co-research, sharing, and symbiosis" [1][3] Technology Achievements - Chery displayed multiple technological achievements, including the Kunpeng Tianqing engine, which improves thermal efficiency to 48%, indicating ongoing investment in combustion systems and thermal management [4] - The Ark Amphibious System-equipped Zongheng G700 successfully crossed the Yangtze River, demonstrating capabilities in extreme conditions, although its application in regular passenger vehicles is limited [4] - In the field of intelligence, Chery adopted a dual approach by showcasing its self-developed Falcon Intelligent Driving model and integrating Huawei's ADS4 system for end-to-end urban NOA functionality [4] Strategic Transformation - Chery's Chairman, Yin Tongyue, emphasized the transition to a technology-driven enterprise, with international expansion as a key focus, noting that overseas revenue is approaching half of total earnings [5] - As of September 2025, Chery exported 137,624 vehicles, a 26.2% year-on-year increase, and has been the largest domestic car exporter in China since 2003 [6] Market Dynamics - In 2024, Chery led the Chinese automotive industry in exports to Russia, with 325,000 vehicles sold, a 47% increase [7] - However, Chery's sales in Russia saw a 13.7% decline in July, indicating potential market saturation and challenges due to geopolitical factors [7] - Chery is adjusting its global strategy by planning to reduce operations in Russia and shift focus to markets in Europe and South America, facing competition from domestic rivals like SAIC and BYD [8] Industry Competition - The Chinese automotive industry is experiencing increased competition in overseas markets, with exports reaching 3.083 million vehicles in the first half of 2025, a 10.4% increase [11] - SAIC's MG brand and BYD are making significant strides in Europe and other emerging markets, with BYD's sales in the first half of 2025 surpassing the total for 2024, reflecting a growth rate of 130% [11]

Core Insights - The company has launched two new models, the Leopard 5 Long Range Edition and the Leopard 8 Large Five-Seater, with prices ranging from 269,800 to 329,800 yuan and 379,800 to 407,800 yuan respectively [1][4] - The brand's cumulative sales are approaching 200,000 units, with the Leopard 5 model alone nearing 100,000 units sold [1][4] Product Features - Both new models are built on the upgraded DMO+ platform, which enhances torque control precision and wheel grip across various terrains [3] - The Leopard 5 Long Range Edition boasts a CLTC pure electric range of 210 kilometers and a comprehensive range exceeding 1,310 kilometers, utilizing a CTC integrated battery design [3] - The Leopard 8 features improved rear legroom and storage capacity, along with advanced safety features including the "Heavenly Eye" driver assistance system and a five-star C-NCAP safety rating [5] Technological Advancements - The Leopard 5 and Leopard 8 will incorporate Huawei's Qian Kun Intelligent Driving ADS4 system, which includes cloud-based autonomous learning capabilities and a full collision avoidance system [3][5] - Users can control vehicle functions through voice commands or the BYD Smart IoT app, with future updates expected to enhance connectivity features [3] Market Position - The Leopard 5 has consistently ranked as the best-selling off-road vehicle, while the Leopard 8 is positioned as a high-end new energy SUV in the 400,000 yuan segment [4] - The brand achieved a sales milestone of 100,000 to 200,000 units in just five months, indicating strong market demand [4]

Core Viewpoint - GAC Trumpchi officially announced the pre-sale of the Xiangwang S9 starting at 259,900 yuan, featuring advanced driving systems from Huawei [1] Group 1 - The Xiangwang S9 is the first model to be equipped with Huawei's Qian Kun Intelligent Driving ADS4 system [1] - The vehicle also includes a comprehensive collision avoidance system, CAS4.0 [1]