In February, the auto market welcomed a "small spring": the sales of 12 listed in Hong Kong and A-share companies all saw year-on-year growth.
① The data from the Passenger Vehicle Association on March 10 shows that retail sales of passenger vehicles in February reached 1.386 million units, a year-on-year increase of 26.0%; the cumulative retail sales for January and February this year reached 3.179 million units, a year-on-year increase of 1.2%. ② According to statistics from financial reporters, the sales of 12 A/H listed auto companies in February all achieved year-on-year growth. Among them, BYD, Xpeng Motors, LEAPMOTOR, and BAIC BluePark New Energy Technology achieved multiple growth.
The American "god car" has unleashed its ultimate weapon.
Jump squat.
SAIC has left room for Huawei at its side.
Everyone finds their rightful place.
SAIC "joins hands" with Huawei to create the New energy Fund brand "Shangjie".
"Shangjie" brand may focus on the market of 0.15 million to 0.25 million yuan. Analysis suggests that this deep cooperation between SAIC and Huawei is a "strong alliance." SAIC will leverage Huawei's intelligent technology to accelerate its own transformation and upgrade; Huawei will rely on SAIC's manufacturing strength and market experience to further expand its influence in the Smart Automobile sector.
EDA company Chip and Semiconductors have started A-share IPO counseling, with investments from SMIC and SAIC Group.
① Xinheng Semiconductors Technology (Shanghai) Co., Ltd. has completed the listing guidance filing and plans to go public on the A-shares IPO. ② In January 2025, Xinheng Semiconductors will release new products at the DesignCon 2025 conference, including the next-generation electronic systems' brand-new 3D multiphysical field simulation platform XEDS and the thermal analysis platform Boreas for system design.
Breaking through the 'darkest moment', SAIC General Motors has no Plan B.
Aiming to become the leader among joint ventures.