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Year-end "sprint run": The automotive market is witnessing a resurgence of "price wars", with 70,000-level discounts becoming the norm.
①Zhi Ji Autos' latest announced purchase rights: From now until November 30th, Zhi Ji Autos' entire range of new and old car owners will share a total purchase subsidy value of 1.1 billion. ②A salesperson at a Huawei store told Caixin reporters that Hongmeng Intelligent Travel's November policies have been adjusted compared to October.
On the eve of the "historical" financial report, byd company limited sees a mass exodus of short sellers.
Data shows that the short-selling ratio of BYD Company Limited's Hong Kong stocks decreased from 7.7% earlier this year to 0.9% last Friday, close to the lowest level since July 2022. Currently, the market expects BYD's third-quarter revenue to be 204.8 billion yuan, aiming to achieve a historic high and surpass tesla.
Kweichow Moutai's performance in the first three quarters meets expectations. The timing for interim dividends and buybacks has not been determined yet. | Interpretations
①Kweichow Moutai's third-quarter earnings announced tonight basically meet expectations, with revenue growth exceeding the annual guidance; ②The proportion of direct sales in the first three quarters of this year has declined, which is related to the poor performance of the company's direct sales platform "i Moutai". In the first three quarters, i Moutai achieved a tax-free revenue of 14.766 billion yuan for alcoholic beverages, a slight decrease compared to the same period last year; ③Against the backdrop of current consumer softness, it is highly anticipated whether Kweichow Moutai will lower its operation targets next year.
After a bottom rebound of over 60%, the market is closely watching byd company limited's "overseas story".
However, for the time being, byd company limited seems to face challenges in achieving this year's overseas sales target. The company is expected to release its financial report on October 30th, with quarterly revenue likely to surpass tesla for the first time.
Finance Association Autos Morning Post [October 25th]
①In September, the top three countries in total export volume of Chinese automobiles are Russia, Belgium, and Mexico; ②Xiaopeng P7+ all series are equipped with AI smart driving, achieving L4 level under "self-driving cars in some scenarios by 2026; ③BMW and Mercedes-Benz jointly launch the "Yi An Qi" ultra-charging brand.
Hybrid pure electric range up to 400 kilometers! Contemporary Amperex Technology releases new sodium-ion batteries to enhance performance in low-temperature scenarios.
Contemporary Amperex Technology has launched a new product, Xaoyao super mixed battery, the first pure electric vehicle in the world with a range of over 400 kilometers, and features 4C supercharging; Sodium-ion batteries are once again being applied. CAT incorporates sodium-ion battery technology into the Xaoyao super mixed battery, pioneering the lithium-sodium AB battery system integration technology, allowing the battery to discharge in extreme cold conditions as low as minus forty degrees.