Core Insights - Chery is advancing its global innovation strategy in electric, connected, intelligent, and shared mobility sectors, showcased at the 2025 Global Innovation Conference in Wuhu, Anhui [1][5] - The company aims to establish a global innovation system covering new energy, intelligence, and AI, enhancing its brand and ensuring compliance with evolving regulations [3][5] Group 1: Achievements and Developments - Chery has achieved five historical breakthroughs in sales scale, new energy, exports, brand recognition, and capital markets, while maintaining high growth and operational quality [5] - The company has listed on the Hong Kong Stock Exchange, marking a new chapter in its international capital market journey [5] - As of September, Chery has over 17.72 million global users, with more than 5.43 million users overseas [5] Group 2: Innovation and Research - The Kaoyang Laboratory, established during last year's innovation conference, has created an efficient closed-loop mechanism for transforming research into market-ready products [6] - Chery is collaborating with over 100 top universities on more than 4,000 projects to foster continuous innovation and technological advancements [8] - The company is focused on developing groundbreaking technologies, including the Kunpeng Tianqing engine with a thermal efficiency of 48%, which surpasses the industry standard [9] Group 3: Global Expansion and Localization - Chery's products are exported to over 120 countries and regions, supported by 16 KD factories and a global innovation network with over 30,000 R&D personnel [11] - Plans are in place to establish 26 overseas R&D centers to enhance local market competitiveness and meet regulatory requirements [11] - The conference highlighted Chery's technological capabilities and innovation, contributing to China's automotive industry's advancement on the global stage [11]

Core Viewpoint - Chery Automobile is transforming into a global high-tech ecological group, focusing on innovation in electrification, connectivity, intelligence, and sharing, as highlighted at the 2025 Chery Global Innovation Conference [1] Group 1: Technological Advancements - Chery has invested 28 years in core technology development, aiming to establish a global innovation system covering new energy, intelligence, and AI, enhancing its competitive edge [2] - The company has achieved a significant breakthrough with the Kunpeng Tianqing engine, boasting a thermal efficiency of 48%, surpassing the market average of 38% to 45% [2] - Chery is introducing over ten advanced technologies, including the Feiyu chassis and the Lingshao flying platform, to create a world-class innovation matrix [2] Group 2: R&D Network - Chery has established a global collaborative innovation network with eight R&D centers and over 30,000 researchers, focusing on diverse regional driving conditions [3] - The Kaoyang Laboratory, founded last year, employs a tripartite mechanism to enhance product development efficiency, while a new strategic alliance aims to improve technology transfer [3] - Plans are in place to establish 26 additional overseas R&D centers to strengthen local development capabilities and meet regional regulatory requirements [4] Group 3: Global Market Presence - Chery's products are exported to over 120 countries, supported by 16 KD factories and a robust global innovation network [4] - The company has achieved cumulative vehicle sales of 2.0078 million units in the first three quarters of 2025, marking a 14.5% year-on-year increase [5] - As of September 2025, Chery has over 17.72 million global users, with more than 5.43 million overseas users, solidifying its position as a leading Chinese passenger car exporter [5] Group 4: Future Vision - Chery aims to transition from a "explorer" to a "leader" in the global new energy sector, leveraging its innovation system to enhance China's automotive technology influence worldwide [6]

Core Insights - Chery held the 2025 Global Innovation Conference in Wuhu, showcasing its latest achievements in electrification, connectivity, intelligence, and sharing, emphasizing its global competitiveness and future vision driven by innovation [1][6]. Group 1: Event Overview - The conference featured prominent guests, including academicians from various international institutions, leaders from automotive associations, and executives from industry partners [3]. - Chery aims to establish itself as a global high-tech ecological group that is favored and trusted by users [4]. Group 2: Achievements and Market Position - Chery reported significant historical breakthroughs in five areas: sales scale, new energy, exports, brand recognition, and capital market performance, with over 17.72 million global users, including more than 5.43 million overseas users [6]. - The company emphasizes sustainable globalization, focusing on user affordability, reliable quality, and sustainable development to reshape the image of Chinese automobiles [8]. Group 3: Technological Innovations - Chery introduced its "Yaoguang" technology strategy, which encompasses five major technological fields, including electrification and AI, aiming to enhance its global innovation system [13][14]. - Key technological advancements include the launch of the Kunpeng Tianqing engine with a 48% thermal efficiency, surpassing the industry standard of 38%-45% [16]. - The company unveiled the Flying Fish chassis and the Ark amphibious system, showcasing innovations in electric drive and safety technology [18][28]. Group 4: Global Expansion and R&D - Chery plans to establish 26 overseas R&D centers in the coming years to enhance local market competitiveness and meet regulatory requirements [32]. - The newly established Global Technology Innovation Center will include multiple overseas research institutes, aiming to create a collaborative innovation network with over 30,000 R&D personnel [34].