The maximum price reduction exceeded 11%. BYD and Tesla teamed up to lower prices at the end of the year, making a final push for the Year of the Dragon.

① BYD and Tesla, the two leading companies in the New energy Fund, will successively launch limited-time promotional activities at the end of 2024 for a final push; ② At the beginning of next year, discounts on new vehicles may increase, reigniting a "price war" in the auto market.

cls.cnDec 26 23:55 ET

After Tesla, BYD, and Xiaopeng, GAC has also entered the market! The embodied intelligence sector is crowded with car companies.

① The humanoid robot created by Guangzhou Automobile Group integrates both four-wheeled and two-wheeled modes. ② Some opinions suggest that while there are plenty of robots in the automobile production workshop, the understanding of scenarios for humanoid robots needs to be deepened in order to break through more technical boundaries.

cls.cnDec 26 11:09 ET

After building cars, will we create 'humans'? Over ten car companies are laying out plans, has it become a necessary option in the AI era?

① The Chairman of Ideal Automobile, Li Xiang, responded to whether there will be humanoid robots, stating that the probability is definitely 100%, but the timing is not now; ② Apart from Tesla, Chinese brands including BYD, Guangzhou Automobile Group, Chery Automobile, Xiaomi, Chongqing Sokon Industry Group Stock, Xpeng Motors, SAIC Motor, Chongqing Changan Automobile, and Dongfeng Automobile are all involved in the field of humanoid robots.

cls.cnDec 25 22:50 ET

Zhiji and Avita have recently attracted significant investment, with 'state-owned investors' fully backing New energy Fund automobiles.

① The 9.4 billion yuan financing for Zhiji Autos has continued support from both state-owned investment Institutions and market-oriented investment Institutions. ② From Zhiji Autos in Shanghai to Avita in Chongqing, then to GAC Aion, NIO in Hefei, and Li Auto in Changzhou, the involvement of local state-owned assets reflects the demand for industry drive and regional development. ③ After the conclusion of the Central Economic Work Conference, local governments are actively promoting industrial upgrades, demonstrating their main roles and responsibilities in the transition between new and old drivers of growth.

cls.cnDec 25 20:28 ET

The rebalancing pace has accelerated! Swiss Re Life invested 29.09 million Hong Kong dollars to increase its shareholding in CHINA LONGYUAN H shares. This year, insurance capital has sparked a new wave of "stake-building."

① This time, Ruizhong Life has increased its stake in CHINA LONGYUAN H shares as part of equity investment management; ② Asset returns are under pressure, and within the year, insurance funds have initiated a new round of "stake acquisition boom"; ③ As of December 25, at least 8 insurance institutions have increased their stakes in 20 listed companies this year.

cls.cnDec 25 09:48 ET

Breaking the "involutionary" competition! The two major photovoltaic leaders announce "production reduction and control of output."

Tongwei Co.,Ltd's subsidiary Yongxiang Co. and Daqo Energy have a total production capacity of over 1.2 million tons. Analysts expect that this production cut will reach at least 0.8 million tons, leading to a significant decline in silicon material output from December to January. Despite the production cut being initiated, the current Industry still faces considerable inventory pressure.

wallstreetcnDec 24 19:33 ET