A big news about Huawei has swiped the screen in the capital market.
On the evening of December 1, JAC announced that it signed the "Intelligent New Energy Vehicle Cooperation Agreement" with Huawei Terminal, and the two sides will cooperate comprehensively in product development, manufacturing, sales, service and other fields based on Huawei's intelligent vehicle solutions, and strive to build luxury intelligent networked electric vehicles.
Recently, stimulated by the news of cross-border cooperation between Huawei and Changan Automobile, the secondary market auto sector ushered in a sharp rise, among them, Changan Automobile's share price continued to rise, with the largest increase of 77 during the year5%；On December 1, Dongan Power staged the "Earth and Sky Board", and has won 7 consecutive price limits, with an increase of more than 61% this week.
In terms of sales, AITO Wenjie's sales continue to be hot, on December 1, AITO Auto's official Weibo announced that AITO Wenjie delivered 18,827 vehicles in November, a year-on-year increase of 12793%, an increase of 4824%。Among them, the new M7 has exceeded 100,000 units in two and a half months after its launch.
Big news from Huawei.
On the evening of December 1, JAC announced that it had signed a "Cooperation Agreement on Intelligent New Energy Vehicles" with Huawei terminals.
Based on Huawei's intelligent vehicle solutions, the two sides will cooperate comprehensively in product development, manufacturing, sales, service and other fields, and strive to build luxury intelligent networked electric vehicles.
According to the announcement, the two sides have made the following division of labor and cooperation:
1. Product development: The product development of cooperative models is the overall responsibility of JAC, and the specific division of labor is subject to the relevant agreements signed between Huawei terminals and/or affiliates and JAC.
2. Manufacturing: JAC is responsible for building an advanced production base, giving full play to JAC's advantages in the field of advanced manufacturing, relying on the industrial Internet and mature manufacturing management experience to provide users with all-round solutions for intelligent manufacturing, and building advanced manufacturing capabilities with the help of Huawei's terminal advantages in related fields, so as to achieve efficient delivery of cooperative models.
3. Sales: In view of Huawei's global sales network and strong brand marketing and user operation capabilities, JAC Motors agrees that Huawei terminals or a third party designated by Huawei Motors will exclusively provide sales services for cooperative models worldwide, including but not limited to marketing, sales, users, and ecological operations. The export of the cooperative model can only be implemented after the two parties have reached an agreement.
4. Service: In order to achieve efficient, convenient, and high-quality delivery, Huawei devices and JAC Motors will jointly build a "user-centric" service system around the cooperative models.
JAC said that the signing of this agreement will not affect the company's operating results and financial position in 2023.
As of December 1**, JAC's share price fell 21% to close at 1727 yuan, the latest total market capitalization is 377$1.8 billion.
In terms of performance, JAC Motors' cumulative operating income in the first three quarters of 2023 was 3392.1 billion yuan, a year-on-year increase of 2316%, net profit attributable to shareholders of listed companies 18.4 billion yuan, a year-on-year increase of 12347%；In terms of sales, from January to October, JAC sold a total of 49440,000 units, a year-on-year increase of 1993%。
Since the beginning of this year, rumors of cooperation between Huawei and JAC to build cars have appeared from time to time, but the two sides have not responded positively.
In August this year, Guo Mingchi, an analyst at Tianfeng International, revealed that Huawei is cooperating with JAC to develop an MPV model with a price of about 1 million yuan. Subsequently, it was reported that the model will be launched in the first half of 2024.
In June this year, Yu Chengdong, executive director of Huawei and chairman of the Intelligent Vehicle Solution BU, said at the China Automotive Chongqing Forum that Huawei will cooperate with Chery Automobile, JAC, BAIC and other car manufacturers in the smart car model and will release different models.
Recently, Yu Chengdong publicly stated that after the question world and the intellectual world, there will be two "worlds", from BAIC and JAC, which further confirmed JAC's joining the "Huawei system".
In addition to cooperating in car manufacturing, whether JAC Motors will take a stake in Huawei's newly established intelligent vehicle system company has also become one of the focus of market attention.
JAC Motors said in an announcement on the evening of November 27 that the company carried out strategic cooperation with Huawei in 2019, but there has been no substantial progress so far, so no relevant information has been disclosed in the early stage. In addition, the Company has not received an invitation for joint investment from Huawei, and has not participated in matters related to investment and capital cooperation.
But at a press conference on Nov. 28, Yu Chengdong mentioned that at present, several partners of Huawei's smart car have received invitations.
According to incomplete statistics, a total of 14 listed companies, including Haowu shares, Feilong shares, Bojun Technology, LONGi Machinery, Shuanglin shares, Kaizhong shares, Chuanhuan Technology, Tenglong shares, Guanghui Automobile, Pengling shares, Huayang Group, Yinlun shares, Xinrui Technology, and Dare shares, include JAC Automobile, Changan Automobile, Cialis, Chery and BAIC.
Huawei's concept stocks soared.
Recently, stimulated by the news of the cross-border cooperation between Huawei and Changan Automobile, the automotive sector in the secondary market ushered in a sharp rise. Among them, the performance of Changan Automobile is particularly strong, and the stock price rose strongly on November 28, refreshing a record high, with the largest increase of 77 this year5%。
On the evening of November 26, Changan Automobile announced that on November 25, Changan Automobile and Huawei signed a "Memorandum of Investment Cooperation", Huawei intends to set up a company engaged in the research and development, design, production, sales and service of automotive intelligent systems and component solutions (hereinafter referred to as the "target company"), Changan Automobile intends to invest in the target company and carry out strategic cooperation, and the two sides jointly support the target company to become an industry leader in automotive intelligent systems and component solutions based in China, facing the world and serving the industry.
Before Changan Automobile, the share price of Cialis soared by 200% in just 2 months, which has also become a benchmark for market funds to pursue Huawei automobile concept stocks.
Therefore, the news of Huawei's hand in hand with Changan Automobile has also completely detonated the A-share Changan Automobile concept stocks, among them, Dongan Power staged the "Earth and Sky Board" on December 1, and has won 7 consecutive daily limits, an increase of more than 61% this week.
According to the third quarterly report, Changan Automobile's shareholding accounted for 49 percent of the company's total share capital97%, is the company's largest shareholder. However, on November 27, Changan Automobile announced that the cooperation project with Huawei does not involve Dongan Power.
According to reports, Dongan Power's main business is automotive engines, transmissions and their parts, with three major engine product platforms of naturally aspirated, supercharged direct injection and new energy extended range power, as well as three major transmission product platforms of manual transmission, automatic transmission and DHT, and is committed to providing engine, transmission and powertrain integration solutions for high-end passenger cars, light commercial vehicles, new energy vehicles, etc.
Sold out. On December 1, AITO Automobile's official Weibo announced that AITO delivered 18,827 vehicles in November, a year-on-year increase of 12793%, an increase of 4824%。Among them, 15,242 units of the new M7 were delivered in a single month, and the delivery volume exceeded 10,000 for two consecutive monthsIn the two and a half months since its launch, the total number of new M7 vehicles has exceeded 100,000.
Yu Chengdong said that in December this year, he was ready to deliver 2More than 30,000 units, 30,000 units per month will be delivered from January 2024. The number of bookings for the M9 has exceeded 330,000 units.
The strong performance of the new M7 has boosted the sales data of Cialis automobiles, and the latest production and sales report of Cialis shows that the sales of new energy vehicles in November were 23,834, a year-on-year increase of 10439%；Among them, the sales volume of Cialis automobiles (mainly for the AITO Wenjie series) was 20,318 units, a year-on-year increase of 14592%。
At the same time, the latest sales of other new energy vehicle companies have also been released. Specifically, BYD sold 301378 passenger cars in November, a year-on-year increase of 31%.In November, the sales volume of pure electric passenger vehicles was 170,150, a year-on-year increase of 49%;Li Auto delivered a total of 41,030 new vehicles in November, a year-on-year increase of 1729%；Leapmotor delivered 18,508 units in November, an increase of 130% year-on-yearGreat Wall Motor's sales of new energy vehicles in November were 31,170, an increase of 142 year-on-year32%；Xpeng delivered 20,041 vehicles in November, up 245% year-on-year.
The China Automobile Dealers Association said that December is the year-end sprint stage, and the auto market is expected to continue to strengthen. Car companies and dealers are making every effort to sprint to the sales target, increase the best efforts, and accelerate the sales rhythm to promote the increase in sales. Most dealers expect market demand and sales to increase in December compared to November.
Editor-in-charge: Tactical Heng.
Proofreading: Liao Shengchao.