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Chongqing Sokon Industry Group Stock (601127.SH): Received cash compensation of 1.374 billion yuan from the controlling shareholder.
On November 21, Gelonhui reported that Chongqing Sokon Industry Group Stock (601127.SH) announced that the company has successively signed the "Profit Compensation Agreement Regarding the Issuance of Shares to Purchase Assets" and its related supplementary agreements with its controlling shareholder Xiaokang Holdings. According to the aforementioned agreements, Xiaokang Holdings' compensation amount for the year 2023 is 1.374 billion yuan. As of the date of this announcement, the company has received the cash compensation amount of 1.374 billion yuan from Xiaokang Holdings for the major asset restructuring project in 2023, and the performance compensation obligation for this major asset restructuring has been fulfilled.
CICC: Continuous catalysis of the domestic and international humanoid robot industry, suggesting attention to the investment opportunities in the 0-1 stage of Huawei chain.
With the entry of Huawei into the robotics industry, the market has two main investment themes: domestic Huawei and overseas Tesla.
Wuxi Longsheng Technology (300680.SZ): Chongqing Sokon Industry Group Stock is the company's end customer.
Grandglory November 20th | Wuxi Longsheng Technology (300680.SZ) stated on the investor interaction platform that Chongqing Sokon Industry Group stock is the company's end customer. The company disclosed its external investment on November 1, announcing the establishment of a holding subsidiary in the high-tech zone of Chongqing, currently processing industrial and commercial registration matters.
Why Seres Group Co.,Ltd (SHSE:601127) Could Be Worth Watching
Sichuan chuanhuan technology (300547.SZ): Products have been supplied to clients such as chongqing sokon industry group stock's Wenjie series, Changan Avita series, and BAIC JiHoo.
Gelonghui November 19th | sichuan chuanhuan technology (300547.SZ) stated on the investor interaction platform that the company's main products applied on electric vehicles are thermal management pipe systems, body and accessory pipe systems, turbocharger pipe systems, vacuum brake pipe systems, and other series of products. The company's products have been matched to the chongqing sokon industry group stock series, the changan awita series, the bjq polar fox, and other customers, and have already obtained the designated project of the thermal management pipe system for a luxury intelligent new energy vehicle of a certain model of Jianghuai, participated in the development of related pipelines such as the chery smart car, and actively participated in the development of pipeline systems for the subsequent related vehicle models of the above-mentioned customers.
ubs group: maintains zhongsheng hldg "sell" rating, target price raised to 9.4 HKD.
UBS Group released a research report stating it maintains the "sell" rating for Zhongsheng HLDG (00881). After the related global strategy was announced, the stock price increased by about 40% or an additional 12 billion yuan in market cap. It believes that the market has given an overly high valuation to AITO stores, raising the target price for Zhongsheng from 8.2 HKD to 9.4 HKD. The report stated that Zhongsheng signed a strategic cooperation agreement with Chongqing Sokon Industry Group Stock (601127.SH) to operate Huawei AITO specialized stores under an authorized distribution model, with plans to begin operations in January next year. Management guidance indicated a commission rate of 4.5% for the Aito vehicles, and the company will also provide related after-sales, auto finance, and insurance services.
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SoundOfMusic : Huawei is behind Xpeng in smartification, so they are asking for help from third parties. The smart thing to do is to license the smartification technologies from Xpeng, who owns the full stack. Make Xpeng the China champion in smart driving to compete with Tesla. Reinventing the smartification wheel for Huawei is super expensive and misallocation of capital.
Another point is open source smartification is dangerous. Have you seen the supply chain attack by Israel? How can people have confidence to drive a smart car, not exactly knowing where the software is from at 120km/hr? Xpeng owns the full stack to do L4+ in two years time.
bullrider_21 OP SoundOfMusic : Quite a few EV makers are using Huawei's smart driving system.
SoundOfMusic bullrider_21 OP : Could you please give me a list. I would like to learn. Thanks.
bullrider_21 OP SoundOfMusic : The Huawei brands, Aito, Avatr, Luxeed and Stelato, use Huawei’s ADS. BYD Feng Cheng Bao's SUV is also using.