Core Viewpoint - The company faces significant challenges due to a decline in stock valuation, leading to employee dissatisfaction and potential legal disputes regarding the employee stock ownership plan [1][2][5]. Group 1: Employee Stock Ownership Plan - The employee stock ownership plan involved 794 participants contributing nearly 1.8 billion yuan for a 4.55% stake in the company, with an average investment of approximately 2.24 million yuan per participant [2][3]. - The plan aimed to bind core talent and was seen as a strategic move to enhance employee motivation and retention [3][4]. - As of 2025, employees are facing pressure to repay principal amounts after a five-year lock-in period, with some employees potentially losing their investments due to the company's declining performance [5][6]. Group 2: Company Performance - In 2024, the company's sales dropped to 374,900 units, a year-on-year decline of 21.19%, significantly below the annual target of 700,000 units [4]. - The first quarter of 2025 saw a further decline, with sales in May plummeting by 33.18% year-on-year, indicating a worsening trend [4][5]. - The company has struggled with product strategy failures and increased competition from rivals like BYD and Xpeng, leading to a saturated B-end market and challenges in expanding into the consumer market [4][6]. Group 3: IPO and Market Challenges - The company's IPO plans have been indefinitely postponed, with the CEO acknowledging that the current market conditions are not favorable for an IPO [5]. - The company has attempted to implement price reductions across its product line, but the market response has been minimal, indicating deeper issues with product acceptance [6]. - The overall market environment for electric vehicles is becoming increasingly challenging, with external factors such as potential tariffs on Chinese electric vehicles adding to the difficulties faced by the company [6].

此次起草单位囊括多家主要电池企业、整车厂以及检测 / 测试机构。其中电池企业包括 宁德时代、国轩高科、比亚迪、中创新航、亿纬锂 能、瑞浦兰钧、欣旺达、蜂巢能源、天津力神 ，由各自企业首席技术官代表出席， 比如宁德时代 首席科学家 吴凯、比亚迪 锂电池有限公司 首席技术官（ CTO ）孙华军 等 。 在新能源汽车 安全 推向舆论风口浪尖 的当下，被业界称为 "史上最严电池安全令"的新规来了！ 4 月 3 日，工信部正式发布 GB38031-2025 《电动汽车用动力蓄电池安全要求》，这一被称为"史上最严电池安全令"的新规将于 2026 年 7 月 1 日起实施。 新国标首次将 "不起火、不爆炸"从企业技术储备上升为强制性要求，彻底终结了行业对热失控风险的侥幸心理，标志着动力电池安全进入"零 容忍"时代。 据工信部发布的编制说明显示，截至今年 2 月，对 36 家整车与电池企业的调研显示， 78% 的企业已掌握动力电池不起火、不爆炸的技 术，而剩余 14% 的企业预计在 2026-2027 年间也将达到此技术水平。基于此，新标准计划于 2026 年正式实施。 01 三大核心升级 1、热扩散绝对安全 触发手段升级： ...

Core Viewpoint - GAC Aion has announced an upgrade to its cartridge battery technology, which includes a comprehensive safety protection scheme covering battery cells, structure, management systems, and vehicle architecture [1] Group 1: Battery Technology Upgrade - GAC Aion has introduced a unique "double-sided cooling" structure for its battery pack, enhancing thermal management efficiency by allowing coolant to efficiently envelop the battery cells [1] - The cartridge battery is equipped with a passive safety protection system that divides the battery pack into multiple independent thermal control compartments, which can immediately cool down any problematic battery cell using heat-absorbing materials [1] - Insulating materials are used to block heat transfer, preventing thermal runaway from spreading [1] Group 2: Monitoring and Risk Control - The battery system features a full-link electrical protection system and an all-weather battery management system, enabling real-time monitoring and risk control during operation, charging, and parking [1]