Core Insights - Huawei has officially launched its new smart car brand "Jing" series, which includes the "Qijing" and "Yijing" models, complementing the existing "Jie" series, marking a significant expansion in Huawei's automotive ecosystem [1][4] - The "Gankun" brand, introduced by Huawei, focuses on smart driving solutions and includes products like the Gankun Intelligent Driving System and Gankun Digital Platform [1] - The CEO of Qijing announced plans to release an SUV and a sedan by mid-next year, both equipped with Huawei's L3 autonomous driving system [1] Market Performance - From January to September 2025, new car sales in China with urban navigation assistance reached 1.628 million units, with Huawei's Gankun solutions capturing a market share of 27.8% [2] - In the luxury car segment priced above 350,000 yuan, Huawei's Gankun solutions account for 53%, indicating strong penetration in the high-end market [2] - In October alone, sales of models equipped with Gankun Intelligent Driving exceeded 100,000 units [2] R&D Investment - Huawei has invested over 50 billion yuan in the overall development of Gankun Intelligent Driving, with an expected investment of over 10 billion yuan in the car business unit in 2024 [3] - The R&D investment for ADS 5 has reached 10 billion yuan, showcasing Huawei's commitment to building a technological "moat" through intensive and comprehensive self-research [3] Strategic Partnerships - The collaboration between Dongfeng and Huawei is characterized by significant investment, with both companies forming a dedicated team to support the development of the new brands [4] - The "Yijing" brand is positioned as a high-end smart car brand, with its first model set to debut at the Beijing Auto Show next year, maintaining an annual launch schedule for new models [3] Ecosystem Expansion - Huawei's automotive business has transitioned from initial exploration to a phase of scaling up, with its models covering a wide price range from tens of thousands to over a million yuan [4] - Major state-owned car manufacturers and companies like BYD are increasingly adopting Huawei's Gankun Intelligent Driving solutions, indicating a growing ecosystem [4]