| | | | | | | 戏制在左侧 | × ၵျပ在左侧 | X 戏到在左侧 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | 仅看车异 | 2026款 纯电 Max ▶ | 2026款 纯电 Max+ | 2026款 纯电 Ult | | | | | | | | | . | . | | 在 三年數 | 停售年款▼ | 25 款 | 26 款 703km | | | | | | | | > 钉在左侧 | × ☆ Ω在左侧 | × Ω 钉在左侧 | | 仅看关注 | 指导价:24.98万 | 指导价:26.98万 | 指导价:30.987 | | | 2026款 Max » | 2026款 Max+ ▶ | 2026款 Ultra » | | 设置关注项▶ | + 对比 | +对比 | + 对比 | | 仅看差异 | | | | | 电动机 ▼ | | | | | 仅看关注 | 指导价:22.98万 | 指导价:24.98万 | | 43800 00000 1000 1000 | | | | | | 设置关注项▶ | ...

Core Viewpoint - The article discusses the adjustment in battery supply for certain models of the Zhijie brand due to insufficient production capacity from the original supplier, Zhongchuang Xinhang. The company will now utilize batteries from CATL to ensure timely vehicle deliveries and compliance with national tax reduction policies. Group 1 - Due to insufficient production capacity from Zhongchuang Xinhang, Zhijie models will switch to using CATL's 82 kWh batteries, which meet Huawei's "Giant Whale" battery platform standards [1] - This change aims to accelerate vehicle deliveries and allow customers to benefit from the national purchase tax reduction policy, which offers a reduction of 30,000 yuan this year and 15,000 yuan next year [2] - The cost of CATL's battery cells is higher than that of Zhongchuang Xinhang, but the vehicle prices will remain unchanged [3]

Investment Rating - The report maintains a "Buy" rating for key companies in the electric equipment and new energy sector, including CATL, Keda, and others, indicating a positive outlook for the industry [5]. Core Insights - The electric equipment and new energy sector saw a weekly increase of 3.86%, outperforming the Shanghai Composite Index, which rose by 0.21% [1]. - In August, the total electricity consumption in China exceeded 1 trillion kWh, marking a year-on-year growth of 5.0% [4]. - The report highlights the launch of new electric vehicles, including the AITO Wenjie M7 and H5, which offer various configurations and competitive pricing [2][10]. - Solar power generation capacity increased by 230.61 GW year-on-year, although August saw a month-on-month decline in new installations [3][37]. Summary by Sections New Energy Vehicles - The AITO Wenjie M7 was launched on September 23, 2025, with 12 configurations and a price range of 279,800 to 379,800 CNY, featuring both range-extended and pure electric versions [2][10]. - The H5 model was also launched, priced between 159,800 and 199,800 CNY, offering similar powertrain options [2][12]. New Energy Generation - As of August 2025, the solar power generation capacity added 230.61 GW, a 64.73% increase year-on-year, but the monthly addition in August was 7.36 GW, down 55.29% year-on-year [3][37]. - The report notes a slight increase in inverter exports, with a total of 434.02 billion CNY from January to August 2025, reflecting a 7.85% year-on-year growth [30][31]. Electric Equipment and Industrial Control - Total electricity consumption in August reached 1,015.4 billion kWh, with a cumulative total of 6,878.8 billion kWh from January to August, representing a 4.6% year-on-year increase [4]. - The report emphasizes the importance of key companies such as CATL, Keda, and others in driving growth within the sector [4][5]. Weekly Market Performance - The electric equipment and new energy sector outperformed the broader market, with significant trading volumes reported [1][4]. - Key companies to watch include CATL, Keda, and others, which are expected to benefit from ongoing industry trends [4][5].