Group 1 - SAIC-GM-Wuling Automobile Co., Ltd. and Huawei Technologies Co., Ltd. signed a deepened cooperation agreement in Liuzhou, enhancing their strategic partnership [1] - SAIC-GM-Wuling is the first Chinese brand car manufacturer to achieve cumulative sales of 30 million vehicles and is actively pursuing transformation in "electrification, digitalization, and globalization" [1] - Huawei, a global leader in ICT infrastructure and smart terminal provision, has developed full-stack technical capabilities for intelligent connected vehicles, promoting the smart transformation of the automotive industry [1] Group 2 - The agreement focuses on deepening cooperation in three areas: assisted driving, intelligent cockpit, and intelligent manufacturing, aiming to jointly develop new models equipped with Huawei's advanced smart technologies [1] - The partnership between SAIC-GM-Wuling and Huawei began in 2018, covering areas such as industrial internet, cloud computing, and 5G technology [1] - The signing of this deepened cooperation agreement marks a new phase of collaborative synergy between the two companies [1]

Core Viewpoint - SAIC-GM-Wuling has successfully transitioned to a fully autonomous research and production model in the new energy vehicle sector, positioning itself as a true independent enterprise in the era of new energy [2] Group 1: Company Overview - SAIC-GM-Wuling, established in Guangxi Liuzhou, has achieved remarkable sales performance, exceeding 2 million units annually from 2016 to 2018, and is known for popular models like Wuling Hongguang and Baojun 730 [2] - The company has faced market pressures in recent years while transitioning from fuel vehicles to new energy vehicles [2][3] Group 2: Sales Performance - In the first half of this year, SAIC-GM-Wuling sold a total of 760,000 vehicles, marking an 18.3% year-on-year increase, with new energy vehicle sales reaching 413,000 units and a penetration rate exceeding 50% [3][4] Group 3: Strategic Initiatives - The "125 Project" aims to enhance the company's transition to new energy and intelligence, focusing on innovation through the Guangxi New Energy Vehicle Laboratory and developing two product clusters and five billion-level industrial clusters [5][12] - The company has restructured its operational model to improve product innovation and marketing through the establishment of three collaborative centers [4] Group 4: Technological Advancements - The Guangxi New Energy Vehicle Laboratory, led by the company, is the only provincial-level laboratory in China focusing on new energy vehicle technology, collaborating with over 50 institutions to develop key technologies [7] - The company has introduced the innovative "Smart Manufacturing Island" system, which enhances production efficiency by 30% and reduces costs by 31% [10][11] Group 5: Global Expansion - SAIC-GM-Wuling has diversified its overseas market strategies, entering 104 countries and regions, with overseas sales reaching 126,000 units in the first half of 2025, a 17.1% increase year-on-year [15] - The company plans to implement a "local production + supply chain export + technology standard output" strategy to expand its global footprint [15]