Core Viewpoint - The company is confident in achieving over 10 billion yuan in output value this year, with next year being crucial for scaling AI-related innovative businesses [2] Business Transformation - The company has transitioned from a traditional automotive manufacturer to a technology company, having completed a comprehensive business layout in smart driving, smart cockpit, and smart mobility [3][4] - The new brand name "AFARI" was launched, reflecting the company's new identity [2] AI Integration - The core strategy is "AI + Automotive," with advancements in smart driving systems driven by AI large models, and the development of a new generation of smart cockpit with advanced features [3] - Plans for Robotaxi services include deploying over 1,000 vehicles in ten cities globally within 18 months [3][4] Capital Market Strategy - The company is planning to issue H-shares for overseas listing to enhance its global strategy and brand image [5] Strategic Partnerships - The company benefits from the backing of Geely Group, which became the largest shareholder in 2020, and the expertise of its chairman, who has a strong background in AI [6] - Recently, Mercedes-Benz acquired a 3% stake in the company, which is expected to enhance funding, technology, brand influence, and market expansion [7][8] Revenue Composition - Currently, 96% of the company's revenue comes from manufacturing, indicating a need for the new business segments to generate significant income in the future [8][9]

Core Insights - Chongqing has welcomed a new local intelligent driving supplier, Qianli Technology, which aims to establish itself in the smart driving sector and has garnered significant attention from local government and industry leaders [1][3][6]. Group 1: Company Overview - Qianli Technology held a brand launch event on September 28, where it unveiled its brand identity and future plans, indicating strong local government support for its initiatives [3][6]. - The company has ambitious goals, as expressed by its CEO, who stated a desire to capture a significant market share in the intelligent driving sector [3][6]. - Qianli Technology's "Afari Plan" envisions a platform-level AI ecosystem integrating AI, vehicles, and robotics, aiming to expand into both household and industrial AI applications [3][7]. Group 2: Strategic Partnerships and Investments - Qianli Technology has attracted investment from Mercedes-Benz, which invested 1.3 billion RMB, marking a significant step in its international expansion efforts [6][22]. - The company is targeting overseas automotive manufacturers, having previously sought partnerships in Germany, indicating a strategic focus on global markets [6][22]. Group 3: Technological Development - Qianli Technology's current focus includes developing intelligent driving algorithms ranging from L2 to L4, with plans to release L3 by the end of 2025 and L4 by mid-2026 [9][12]. - The company is also working on a new generation of intelligent cockpit systems and aims to establish a comprehensive Robotaxi service within the next 18 months, targeting deployment in over 10 cities globally [9][12]. - The company emphasizes a pragmatic approach to technology, focusing on high "model content" in its intelligent driving solutions, with a goal to enhance this metric significantly in the coming months [14][18]. Group 4: Market Position and Competition - The intelligent driving market is becoming increasingly competitive, with Qianli Technology positioning itself as a strong contender despite being a newer player [6][22]. - The company recognizes the importance of both AI model development and engineering capabilities, suggesting a dual focus on innovation and practical application [22][27]. - With the penetration of L2+ level intelligent driving systems in new car sales exceeding 50% in China, there remains substantial market potential for suppliers to explore [27].

Core Viewpoint - Qianli Technology has completed the first step in its AI strategic layout, showcasing its commitment to accelerating AI and international development with the launch of its new brand "AFARI" [2][3]. Group 1: AI Strategy and Vision - The company aims to build an "AI+" industry innovation system leveraging Chongqing's strong industrial chain advantages, aspiring to become a world-class technology company [2][3]. - The "Qianli Plan" focuses on creating a unified AI ecosystem with "One Brain, One OS, One Agent" to provide seamless services across various scenarios such as home, travel, retail, and factories [3]. Group 2: Business Layout and Developments - Qianli Technology has established a comprehensive business layout in smart driving, smart cockpit, and smart mobility within a year, supported by its long-term accumulation in AI technology and talent [5][9]. - In the smart driving sector, the company is redefining industry standards for intelligent assisted driving, successfully passing challenging real-world tests with its intelligent driving system [5][12]. Group 3: Smart Cockpit Innovations - The integration of large models with smart cockpits is expected to significantly enhance user experience, with Qianli Technology developing a new generation of smart cockpit Agent OS that offers advanced interaction and memory features [7][9]. Group 4: Smart Mobility and Robotaxi Plans - Qianli Technology plans to complete the full-chain industrial layout for Robotaxi within the next 18 months, aiming for rapid popularization in the next three years [9][10]. - The company is collaborating with Geely to develop Robotaxi-specific models and is working with leading mobility service providers to create a global Robotaxi operation service platform [10][12].

Core Insights - The event "AI Chongqing Smart Driving Night" showcased the integration of AI in the automotive industry, emphasizing the potential of "AI+Car" in transforming the sector [1][3] - The company Qianli Technology announced its new brand name "AFARI" and logo, signaling its commitment to accelerate AI and international development [1][19] - Qianli Technology aims to establish itself as a world-class tech company by leveraging Chongqing's robust industrial chain and its own AI capabilities [3][5] Group 1: Event Highlights - The event featured discussions among industry leaders, including Qianli Technology's chairman and executives from major automotive companies, focusing on the future of AI in vehicles [3][5] - A live demonstration of Qianli's intelligent driving system was conducted in challenging urban environments, showcasing its capabilities in complex road conditions [1][12] - The event concluded with a spectacular drone show, illustrating the vision of AI's future impact on daily life [21] Group 2: Company Developments - Qianli Technology has completed its business layout in intelligent driving, intelligent cockpit, and smart mobility within a year, driven by AI technology [5][9] - The company is developing a comprehensive Robotaxi service, aiming to deploy over 1,000 vehicles in ten cities within 18 months [10][19] - The new brand "AFARI" symbolizes a vision of a future where AI enhances human life, with a focus on creating a unified operating system and intelligent assistants [19][18] Group 3: Technological Innovations - Qianli's intelligent driving system utilizes advanced AI models to redefine industry standards, achieving high safety and adaptability in real-world scenarios [5][14] - The integration of large models in smart cockpits is expected to significantly enhance user experience and customer value [7][9] - The company is committed to reducing reliance on traditional data models, focusing on a sustainable approach to AI development [16][19]

Core Insights - The event "AI Chongqing Smart Driving Night" showcased the integration of AI in the automotive industry, emphasizing the potential of "AI+Car" in transforming the sector [1][3] - The new brand name "AFARI" and its logo were unveiled, reflecting the company's commitment to accelerate AI and international development [1][17] Group 1: Company Developments - Qianli Technology has completed a comprehensive business layout in intelligent driving, intelligent cockpit, and smart mobility within a year, leveraging its strong manufacturing base in Chongqing and strategic partnership with Geely [5] - The company aims to establish an industry-leading "AI+" innovation system, aspiring to become a world-class technology firm [3][5] - The "Qianli Plan" was introduced, focusing on creating a harmonious coexistence between AI and humanity through a unified operating system and intelligent assistants [20] Group 2: Technological Innovations - In the intelligent driving sector, Qianli Technology is redefining industry standards with AI-driven intelligent assistance systems, successfully navigating complex road conditions in Chongqing [5][11] - The intelligent cockpit combines large models with user interaction, enhancing the driving experience through advanced features [7] - Plans for Robotaxi deployment are underway, with a goal to establish a complete industrial chain within 18 months, aiming for large-scale operations in ten cities [9] Group 3: Event Highlights - The event featured a live demonstration of Qianli's intelligent driving system, showcasing its performance in challenging urban environments [13][15] - The drone display at the event symbolized the vision of AI as a powerful assistant and a transformative force in daily life [21]