Core Viewpoint - The Red Flag brand, a high-end automotive brand under China FAW Group, is set to provide official reception vehicles for the 2025 Shanghai Cooperation Organization (SCO) Summit, showcasing the brand's quality and China's automotive industry's progress [2][5]. Group 1: Event Participation - The Red Flag brand has been actively involved in significant national events, including the SCO Summit and G20 Summit, demonstrating the confidence and strength of Chinese automotive brands [3]. - The upcoming SCO Summit in Tianjin is expected to be the largest since the organization's establishment, marking a peak in China's presidency of the SCO [3]. Group 2: Product and Technology Advancements - The flagship models, including the new Red Flag H9 and the Red Flag HQ9, represent a decade of technological advancements and are positioned to elevate the standards of high-end vehicles [5]. - Since transitioning to smart connected new energy vehicles in 2023, the Red Flag brand has made significant progress in key technology areas, laying a solid foundation for its continued development [5]. Group 3: Sales Performance - In the first half of this year, Red Flag brand sales exceeded 225,000 units, reflecting a year-on-year growth of 11.8% [5]. - The brand has become the first Chinese luxury automotive brand to reach 2 million users, with its brand value rising to 141.065 billion yuan, maintaining the top position in the passenger car industry for 14 consecutive years [5].