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Open-source Securities: In December, the demand for Passenger Vehicles reached a new high, and intelligent driving is expected to accelerate its penetration by 2025.
In December, the car market is expected to see rapid growth in sales due to the approaching policy deadlines, the accelerated effects of the trade-in policy, and the high demand for new cars. Both New energy Fund and RBOB Gasoline vehicles are expected to show growth, with the retail end's electrification rate projected at 52%.
The scale effect is beginning to show, and Institutions are increasing their holdings in Chongqing Sokon Industry Group Stock (601127.SH).
In mid-December 2024, Chongqing Sokon Industry Group Stock, which has rapidly grown thanks to the Wenjie series, was included for the first time in the Csi 300 Index, SSE 50, Csi A500, and Sse 180 Index, marking its entry as a representative of New energy Fund into the influential A-share indices.
Jiangsu Bojun Industrial Technology (300926.SZ): The company has expanded related product categories with major clients such as Ideal Autos, Chongqing Sokon Industry Group Stock, Geely Autos, and BYD.
According to a statement from Jiangsu Bojun Industrial Technology (300926.SZ) during an investor relations meeting on December 23, the company is expanding and developing new clients while continuously digging deeper into the shares of existing clients to maintain ongoing growth with them. At the same time, the company strives to expand its new clients each year. The company is involved in a diverse range of product categories, from precision components for Autos, modular body products to integrated die-cast parts, and has extended related product categories with major clients such as Li Auto, Chongqing Sokon Industry Group Stock, Geely Autos, BYD, and others.
New stock news | It is reported that Chongqing Sokon Industry Group Stock (601127.SH) plans to list in Hong Kong for a second time and may hire China International Capital Corporation and China Securities Co.,Ltd. as the sponsoring team.
According to informed sources, Huawei's electric vehicle partner Chongqing Sokon Industry Group Stock (601127.SH) is considering a secondary listing in Hong Kong and may hire China International Capital Corporation and China Securities Co.,Ltd. as its listing sponsorship team.
Foshan Electrical and Lighting (000541.SZ): The holding subsidiary Nanning Liaowang provides Chongqing Sokon Industry Group Stock with relevant automotive lighting products such as front lights, rear lights, and grille lights.
On December 17, Glorious Share reported that Foshan Electrical and Lighting (000541.SZ) indicated on the investor interaction platform that its controlling subsidiary, Nanning Liaowang, provides related automotive lighting products such as front lamps, tail lamps, and grille lights for Chongqing Sokon Industry Group Stock.
Jusailong (301131.SZ): The main clients in the Autos field include GAC, Dongfeng, Changan, Toyota, Chery, Chongqing Sokon Industry Group Stock, etc.
On December 12, Gelonghui reported that Jusa Long (301131.SZ) recently stated in investor relations activities that the company's main clients in the Autos sector include GAC, Dongfeng, Changan, Toyota, Chery, Chongqing Sokon Industry Group Stock, Yanfeng, and Kongsberg.
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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.