| | and the comment of the comments of the comment | | --- | --- | | 三十八六日 | | | 2025 | | | H F F 1 S S T F S | | | 整车全线控转向多场景可靠性挑战 | | | 申请品牌:智己汽车 Brand Applied | | | 申请主题: LS9 Applied Model | | | 车辆识别代码:LSJEH43C2SZ993185 Vehicle Identification Number | | | 挑战类别 挑战项目 挑战结果 | | | 车辆以160km/h的平均速度在直线行驶工况中 | | | 注入供电、传感器、电机、通信故障 | | | 车辆以120km/h的平均速度在单变道行驶工况中 | | | 注入供电、传感器、电机、通信故障 | | | 车辆以65km/h的进入速度在双变道工况中 功能安全 转向功能正常 注入供电、传感器、电机、通信故障 | | | 车辆以平均0.8G侧向加速度在蛇形绕桩工况中 | | | 注入通信故障 | | | 车辆以最大0.8G侧向加速度在"8"字绕行工况中 | ...

Core Viewpoint - The Shanghai Stock Exchange and China Securities Index Co., Ltd. announced adjustments to several indices, including the re-inclusion of SAIC Motor Corporation Limited in the SSE 50 Index, indicating a significant improvement in the company's fundamentals and recognition by the index expert committee [1]. Company Performance - SAIC Motor's core indicators such as revenue and profit margin for the first three quarters of 2025 exceeded those of the same period last year, with R&D expenses reaching 12.61 billion yuan, a year-on-year increase of 9.4% [4]. - The company has focused its investments on electric and intelligent vehicle technologies, achieving a thermal efficiency of 46.3% for its DMH hybrid engine and a low fuel consumption of 2.5 L/100 km for the Roewe M7 DMH [4]. - In the first ten months of 2025, SAIC's cumulative sales of new energy vehicles reached 1.29 million units, a year-on-year increase of 42.5%, outperforming the industry growth rate [4]. Product Strategy - The launch of popular models has significantly supported sales, with the Roewe M7 DMH achieving over threefold sales growth in October compared to the previous month [5]. - The MG4 model has maintained strong sales in both domestic and European markets, while the collaboration with Huawei on the Jiangjie H5 has resulted in rapid sales growth, with over 10,000 units delivered within 43 days of launch [5]. Market Position and Future Outlook - The re-inclusion in the SSE 50 Index is seen as a validation of SAIC's operational quality and profit expectations, which is expected to stabilize its valuation and attract long-term investment [6]. - The competitive landscape in electric and intelligent vehicle sectors remains intense, and the company's ability to maintain its recovery momentum will depend on its continued innovation and product offerings that meet consumer demands [6].

本报（chinatimes.net.cn）记者刘凯 广州报道 11月21日，2025广州车展开幕。在车展上，智己汽车展台吸引了不少观众驻足，刚刚上市的"上汽旗舰 大六座"智己LS9与持续热销的新一代智己LS6成为全场焦点。作为超级增程SUV，两款车型锚定30万级 旗舰大六座与20万级智能大五座两大细分市场，为消费者提供了多元化选择。 精准卡位细分市场 本届广州车展上，智己汽车以清晰的双车战略展现了其精准的市场布局能力。通过LS9与LS6两款定位 明确的产品组合，智己成功构建了覆盖20万至30万元价格区间的产品矩阵，展现出对细分市场需求的深 刻理解。这一战略不仅体现了智己汽车在产品规划上的成熟思考，更彰显了其依托上汽集团技术底蕴， 在不同细分市场同时发力的决心与实力。 在徐嘉平看来，LS9的定价策略颇具攻击性。"32.28万起的权益价配上全系顶格配置，打破了'旗舰配置 必加价'的行业潜规则。"这种"高配不高价"的策略背后，是上汽集团体系化支撑的结果。灵蜥数字底盘 技术优先供给、全球供应链资源整合能力，让智己能实现这一市场突破。 对于LS6的市场表现，徐嘉平持乐观态度，但也指出了潜在挑战。"LS6预售仅27分钟锁 ...

智己LS9与新一代智己LS6联袂登场，展现出智己汽车深厚的技术实力储备，也为其销量再上台阶打下 了坚实基础。 11月21日，智己汽车携刚刚上市的"上汽旗舰大六座"智己LS9与持续热销的新一代智己LS6亮相2025广 州国际车展。两款超级增程SUV展现出尖端的科技实力和极具竞争力的价格优势，各自成为30万元级旗 舰大六座与20万元级智能大五座SUV市场中极受关注的明星产品。 作为上汽集团（600104）尖端技术的集大成者，智己LS9在驾控、性能、智能、豪华四大维度上，做到 了"每一面皆旗舰"。同时，所有科技配置统统都标配，做到了全系皆Ultra。结合32.28万元起的上市权 益价，让其成为30万元大六座旗舰级SUV中的有力竞争者。 智己LS9要做"最好开的大六座SUV"，其搭载了"灵蜥数字底盘3.0"，解决了传统大六座SUV"笨重不灵 活"、"侧倾像开船"的痛点。双向24°智慧四轮转向，协同150mm超大行程双腔闭式智慧空悬等旗舰级底 盘硬件，让一辆大六座SUV比Polo还灵活，比五座驾控标杆操控更好。同时，全系标配的灵蜥矢量四驱 系统，赋予智己LS9硬核越野实力，给用户随时征服远方的底气。 其中，66度超级增 ...

Core Insights - The launch of the Zhiji LS9, a new large 6-seat SUV positioned as SAIC's flagship model, has seen over 5,000 pre-orders within 25 minutes of its release, indicating strong market interest [2] - The LS9 aims to address traditional challenges associated with large SUVs, such as maneuverability and driving experience, by introducing the Lingxi Digital Chassis 3.0, which enhances driving dynamics and control [2][4] Market Positioning - The year 2025 is anticipated to be a pivotal year for large 6-seat SUVs, with multiple automakers entering the market, leading to intense competition in the high-end segment priced above 300,000 yuan [2] - The LS9's unique selling proposition includes innovative space utilization and advanced features, positioning it against competitors like Geely M9 and AITO M9 [2] Target Audience - The LS9 is designed with middle-aged male drivers in mind, addressing their desire for a large vehicle that is easy to drive, thereby expanding the potential market for high-end SUVs [3] Technological Innovations - The Lingxi Digital Chassis 3.0 features several technological advancements, including a unique bidirectional 24° smart four-wheel steering system, achieving a turning radius of just 4.95 meters, making it more agile than smaller vehicles [4] - The LS9 incorporates a dual-chamber closed air suspension and CDC system, allowing for rapid stiffness adjustments and improved ride comfort [4] Safety and Comfort Features - The LS9 emphasizes safety and comfort, introducing features such as a smart underfloor heating system, a fresh air system exceeding medical standards, and 4D mechanical massage seats [5] - The vehicle's design includes a "big flat" concept, promoting high space efficiency and versatile seating arrangements, catering to the needs of specific age demographics [5] Pricing Strategy - The LS9 is priced between 322,800 and 352,800 yuan, which is significantly lower than competitors like Li Auto L9 and AITO M9, providing a competitive edge in the market [5] - The company leverages SAIC's robust supply chain to offer advanced technology at reasonable price points, addressing the balance between high specifications and cost [5] Network Expansion - Zhiji is rapidly expanding its network, aiming to cover 150 cities with over 500 outlets by the end of the year, ensuring comprehensive market presence in first to fourth-tier cities [5] User-Centric Approach - The LS9's development reflects a user-centric approach, focusing on enhancing the driving experience and addressing common pain points associated with traditional large SUVs [4][5]

Core Insights - The launch of the IM LS9 by SAIC Group marks a significant step in the luxury SUV market, aiming to compete with established brands and attract affluent consumers [2][3][4] - The LS9 features innovative technologies and unique design elements, such as heated flooring and a spacious interior, targeting a specific demographic of middle-aged consumers [2][5][6] Group 1: Product Features and Market Positioning - The LS9 is positioned as a flagship model, incorporating advanced technologies like Momenta's intelligent driving solutions and a digital chassis [2][5] - The vehicle's pricing strategy is aggressive, starting at 322,800 yuan, which is lower than competitors like Li Auto L9 and AITO M9, aiming to attract price-sensitive consumers [5][6] - The LS9's design focuses on user experience, offering features like 24-hour hot water and spacious seating arrangements, catering to the lifestyle needs of its target audience [2][8] Group 2: Market Dynamics and Competitive Landscape - The high-end SUV market is becoming increasingly competitive, with numerous brands launching flagship models, leading to a "red ocean" scenario for vehicles priced above 300,000 yuan [3][4] - The profitability of high-end models is appealing to manufacturers, as they offer healthier margins compared to lower-priced segments [4][5] - The LS9's success is crucial for SAIC Group, as it seeks to demonstrate its capability in the luxury and intelligent driving sectors, impacting investor confidence in the company's future [5][6] Group 3: Consumer Insights and Target Demographics - The target demographic for the LS9 includes affluent consumers, particularly men over 40, who prefer larger vehicles but have previously faced challenges with driving them [3][13] - The vehicle aims to balance comfort and driving performance, addressing consumer preferences for both family usability and driving enjoyment [11][12] - The LS9's features are designed to resonate with users' deeper needs, such as the inclusion of heated flooring, which reflects a focus on enhancing the overall user experience [17]

Core Insights - The launch of the IM LS9 marks a significant step for the brand as it enters the competitive large SUV market, aiming to enhance its brand positioning and capture a share of the high-end market segment [1][8] - The LS9 features advanced technology, including a range extender system and high-end configurations, which may provide a competitive edge against established models like Li Auto L9, AITO M9, and Zeekr 9X [1][8] Product Overview - The IM LS9 is a large six-seat SUV with dimensions of 5279mm in length, 2000mm in width, and 1806mm in height, with a wheelbase of 3160mm [4] - It offers a luxurious interior with features such as zero-gravity seats, a 4D massage seat, a B&O audio system with 25 speakers, a 21.5-inch 4K entertainment screen, and a dual-door refrigerator [4] - The vehicle is equipped with a multi-screen system, including a 27.1-inch main screen and a 15.6-inch passenger entertainment screen, along with advanced driving hardware like lidar and NVIDIA Thor chip [4][6] Performance Specifications - The LS9's powertrain consists of a 1.5T engine combined with an electric motor, delivering a maximum power of 390kW and torque of 670N·m, achieving 0-100 km/h in approximately 4 seconds [6] - It offers two battery options, with a maximum pure electric range of 402 km and a combined range of 1508 km, supporting 800V fast charging that can add 150 km of range in just 10 minutes [6] Market Positioning - The LS9 is positioned in the increasingly competitive market for new energy SUVs priced between 300,000 and 400,000 yuan, where it faces competition from established models [8] - The pre-sale price of the LS9 is set at 336,900 yuan for the 52 Ultra version and 366,900 yuan for the 66 Ultra version, which is relatively competitive compared to its rivals [1][3] - The initial demand for the LS9 is promising, with over 8,000 orders placed within the first 30 minutes of its pre-sale launch [3]