| | | | 產 量（輛） | | | | | 銷 | 量（輛） | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 單 位 | | | 月度同比 | | 累計同比 | | | 月度同比 | | | 累計同比 | | | 本月數 | 去年同期 | 增減 | 本年累計 | 去年累計 | 增減 本月數 | 去年同期 | 增減 | 本年累計 | 去年累計 | 增減 | | | | | （%） | | | （%） | | （%） | | | （%） | | 廣汽本田汽車 有限公司 | 33,555 | 34,421 | -2.52% | 249,267 | 292,530 | -14.79% | 32,808 35,130 | -6.61% | 223,905 | 309,169 | -27.58% | | 廣汽豐田汽車 有限公司 | 81,459 | 65,242 | 24.86% | 550,593 | 518,468 | 6.20% | 76,500 72,278 | 5.84% | 543,183 ...

Core Viewpoint - Lantu Automotive has officially submitted its listing application to the Hong Kong Stock Exchange, marking a significant step towards its public offering in the capital market [1][2]. Group 1: Company Overview - Lantu Automotive, established in 2021, is a high-end new energy brand under Dongfeng Motor Corporation, covering three segments: sedans, SUVs, and MPVs [2]. - The company plans to launch 1 to 3 new models annually, aiming to have 6 to 9 models by the end of 2026, thereby covering mainstream market segments [3]. Group 2: Financial Performance - Lantu Automotive's revenue projections show a compound annual growth rate (CAGR) of 78.9% from 2022 to 2024, with revenues expected to reach 60.5 billion yuan in 2022, 127.5 billion yuan in 2023, and 193.6 billion yuan in 2024 [2]. - The gross profit margin is projected to increase from 8.3% in 2022 to 21.0% in 2024, ranking second in the new energy vehicle industry [2]. - The company is nearing profitability, with a pre-tax net loss of 19.8 billion yuan in 2023, expected to narrow to 2.43 billion yuan in 2024 [3]. Group 3: Sales and Market Expansion - Lantu Automotive's sales are projected to grow from 19,400 units in 2022 to 80,100 units in 2024, reflecting a CAGR of 103.2% [3]. - In September 2023, the company delivered 15,224 vehicles, a year-on-year increase of 52%, with total deliveries from January to September reaching 96,992 units, up 85% year-on-year [3]. Group 4: Corporate Restructuring - Significant personnel changes occurred on September 22, 2023, with the CEO Lu Fang taking over as the legal representative and chairman, indicating a new management structure aligned with the upcoming listing [4]. - Lantu Automotive underwent a shareholding reform, with Dongfeng Group distributing 79.67% of its shares to all shareholders, facilitating the company's introduction to the Hong Kong market [5].

Group 1 - Lantu Automotive Technology Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with China International Capital Corporation as its sole sponsor [1] - Lantu Automotive, established in 2021, is a high-end smart new energy brand under Dongfeng Motor, covering three segments: sedans, SUVs, and MPVs [1] - The company achieved revenues of RMB 60.518 billion, RMB 127.494 billion, RMB 193.606 billion, RMB 82.954 billion, and RMB 157.815 billion for the years 2022, 2023, 2024, and the seven months ending July 31, 2025, respectively, with a compound annual growth rate of 78.9% from 2022 to 2024 [1] - The gross margin increased from 8.3% in 2022 to 21.0% in 2024, further rising to 21.3% for the seven months ending July 31, 2025 [1] - Lantu Automotive delivered 15,224 vehicles in September 2025, with a year-on-year growth of 85% for the cumulative deliveries from January to September [1] Group 2 - Chery Automobile recently completed a successful IPO on the Hong Kong Stock Exchange, raising HKD 91.4 billion, making it the largest car company IPO in the Hong Kong market for the year [2]

Core Insights - The 2025 Qilu Autumn Auto Show attracted a record attendance of 336,000 visitors, with total sales exceeding 20,000 vehicles and sales revenue reaching 5 billion [1] - The event showcased nearly 100 brands and thousands of models, emphasizing the importance of the auto show for manufacturers and dealers to display new models and offer various discounts [5] Group 1: Consumer Insights - The consumer survey revealed a high overall satisfaction rating of 85.71 for the auto show, an increase from the previous spring show [3] - 86.3% of respondents indicated plans to purchase a vehicle, with a significant portion of attendees visiting primarily for vehicle comparison and consultation [13][6] - The main purchasing channel remains 4S dealerships and auto shows, highlighting the importance of these venues in the buying process [13] Group 2: Vehicle Preferences - SUV models are the most preferred among consumers, with over one-third of respondents favoring them for their versatility and family suitability [18] - Domestic brands have gained popularity, with 40.7% of respondents preferring them, particularly brands like BYD and Changan [23][16] - The majority of respondents (90.51%) have a budget of under 400,000, with 43.97% planning to spend between 100,000 and 200,000 [16] Group 3: Policy and Incentives - Over 60% of respondents reported increased purchasing intent due to favorable policies, including various subsidies and incentives during the auto show [23] - The most impactful policy was the exemption from new energy vehicle purchase tax, influencing 22.6% of respondents [25] Group 4: New Energy Vehicles - There is a growing preference for new energy vehicles, with 42.07% of female respondents and 39.43% of male respondents favoring them due to their advanced technology and cost-effectiveness [27] - Concerns about new energy vehicles include battery lifespan, charging infrastructure, and resale value, indicating a need for consumer education and infrastructure development [36] Group 5: Smart Driving Features - The demand for smart driving features is significant, with 54.67% of respondents willing to pay extra for these functionalities [40] - The penetration rate of vehicles equipped with advanced driving assistance systems reached 62.58%, reflecting a growing trend in the market [38]

齐鲁晚报·齐鲁壹点记者 朱洪蕾 张雪 9月4日-8日，以"向新而行 智享未来"为主题的2025齐鲁秋季车展暨第五十二届齐鲁汽车展览交易会在山 东国际会展中心顺利举办，33.6万人次观展热潮刷新纪录，累计销量超2万台，销售总额达50亿。 近日，《2025齐鲁秋季车展消费者调研报告》（以下简称《报告》）正式出炉。该《报告》由齐鲁国际 车展组委会联合山东汇景市场研究咨询有限公司共同推出，通过问卷调研的形式，对车展效果及消费者 购车习惯进行跟踪研究，旨在为消费者提供更多的汽车相关资讯，同时助力车企发现汽车车主及潜在人 群需求洞察，把握行业动态，为后续品牌推广、产品营销等相关动作提供支持。 观众对车展高评价 《报告》显示，受访者对2025齐鲁秋季车展体验评价颇高，综合评价指数为85.71，较2025年春季车展 有所提升（83.73）；车展喜爱度较高，得分88.13，参展人群普遍反映本届车展车多、品牌全、规模 大；车展喜爱度88.13，复观比例达到80%以上，参展热情与积极性持续高涨；车展推荐度85.08，"净推 荐值"为59.10%，相比往年有所提升，观展人群"非常推荐"占比逐年增长，可以看出车展观众对展会的 认可度和 ...

工业大模型为何叫好难叫座？ 在全球AI（人工智能）热潮下，工业大模型应用遭遇水土不服，叫好难叫座。虽近八成企业认可其价 值，但受成本、人才等制约，仅8%实现多场景应用。 中国品牌出海需要长效增长之路 中国卖家多借跨境电商爆品出海，但爆品生命周期仅3~5个月，长效增长成难题。在此背景下，多个品 牌通过选新市场、扩目标人群、抓大促节点谋求破局。 纯电乘用车出口将需许可证 "宜商宜家"成MPV新增长点 新能源浪潮下，MPV（多用途汽车）市场格局生变，燃油、插混、纯电呈现"三国杀"。同时，商用与 家用界限被打破，"宜商宜家"成新增长点，市场迎来多元竞争的黄金时代。 （文章来源：每日经济新闻） 2026年1月起，我国纯电动乘用车出口将实施许可证管理。业内认为此举可规范出口市场、防范低质产 品倾销与"内卷外化"，同时填补纯电乘用车出口管理空白。 ...

在上述十家企业中，与上年同期相比，广汽传祺和上汽大通销量呈不同程度下降，其他企业销量均呈不同程度增 长。 据中国汽车工业协会统计分析，1-8月，销量排名前十位的MPV生产企业共销售59.5万辆，占MPV销售总量的 77.6%。 ...

据中国汽车工业协会统计 分 析， 1-8 月， 销量排名前十位的 MPV 生产企业共销售 59.5 万辆，占 MPV 销 售总量的 77.6% 。 在上述十 家 企业中， 与上年同期相比，广汽传祺和上汽大通销量呈不同程度下降，其他企业销量均呈不同 程度增长 。 来源： 中汽协会行业信息部 ...

Core Insights - Ruisheng Automotive has announced its independent operation focusing on MPV products, becoming the first brand in the Chinese automotive market to specialize in MPVs, which is seen as both brave and risky given the current market dynamics [2] - The MPV market faces significant challenges, including a scale bottleneck that leads to high R&D costs, a conflict between space practicality and driving experience, and difficulties in transitioning to new energy vehicles [3][4] - The consumer perception of space value versus driving experience creates a second layer of challenges for the MPV market, as consumers still prefer SUVs despite the inherent advantages of MPVs [6][7] - The rise of new energy vehicles is reshaping the MPV product landscape, with models like the Tengshi D9 demonstrating that strong product capabilities can lead to market acceptance [7] - MPV brands need to explore differentiated survival strategies, focusing on high quality and cost-effectiveness, while also addressing deep-rooted consumer perceptions and market dynamics [9][10] Market Dynamics - The MPV market is characterized by a high concentration, with the top ten companies holding 77.9% of the market share, making it difficult for new entrants to gain traction [3] - The annual sales threshold of 50,000 units is necessary for MPVs to cover R&D costs, yet few products currently meet this benchmark [3] - The transition to new energy MPVs incurs over 30% higher R&D costs compared to traditional fuel vehicles, complicating the market landscape [4] Consumer Behavior - Consumers have not yet formed a habit of purchasing MPVs, leading to a preference for SUVs, which are perceived as more stylish and versatile [6] - The traditional fuel MPVs have inherent flaws, such as poor handling and compromised performance, which deter potential buyers [6] - The demand for MPVs is shifting towards mid-to-high-end business and family markets, indicating a potential change in consumer recognition of MPVs [7] Strategic Recommendations - MPV brands should leverage technological advancements to differentiate themselves and break the stereotype of being "ordinary" [9] - New product strategies should focus on adapting to specific consumer scenarios, such as camping or business needs, to enhance market appeal [9][10] - A reevaluation of pricing strategies is necessary, with a focus on space efficiency, energy consumption, and adaptability to different scenarios becoming core evaluation metrics [10]

Group 1 - The event "Smart Connection for a Brilliant Future" in Xi'an showcases electronic consumer products, automotive exhibitions, and cultural tourism, aiming to enhance consumer experience and promote local industries [1][2] - The electronic consumer products section features 25 brands including Huawei, Xiaomi, and DJI, presenting a wide range of products from smartphones to smart home devices, highlighting the integration of technology in daily life [1][2] - The automotive section includes 28 car manufacturers, offering various types of vehicles and exclusive promotions such as cash discounts and subsidies, enhancing consumer purchasing power [2] Group 2 - The event serves as a platform for companies to display their latest products and technologies, fostering interaction between industries and consumers, and promoting a vibrant consumption atmosphere in the city [2][3] - Since the beginning of the year, the city's old-for-new consumption program has provided subsidies totaling 4.749 billion, benefiting over 5.723 million consumers and driving consumption worth 46.654 billion [2] - The city’s business bureau plans to continue innovating consumption scenarios and enriching consumption formats to stimulate consumer potential and enhance the city's attractiveness [3]