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600104SAIC MOTOR(600104) 中国证券报·2025-04-23 20:48

Core Viewpoint - SAIC Motor Corporation has launched its overseas strategy 3.0, termed "Glocal Strategy," focusing on a combination of global and local approaches to enhance its international presence and product offerings [1] Group 1: Product Development and Market Strategy - Over the next three years, SAIC plans to develop 17 new overseas models, including SUVs, sedans, MPVs, and pickups, featuring a new HEV hybrid power system to cover mainstream global market segments [1] - The company aims to transition from "scale expansion" to "value creation" and from "product output" to "standard output," leveraging its advantages in intelligent and electric technologies to create personalized and intelligent product solutions for different regions [1][2] Group 2: Regional Focus and Localization - SAIC's President, Jia Jianxu, emphasized the importance of localized strategies for overseas markets, including the establishment of a design center and an engineering center in Europe, and the development of KD factories in Southeast Asia [2] - In Africa, the company plans to use Egypt, Morocco, and South Africa as strategic hubs to achieve regional synergy [2] Group 3: Brand Revitalization - SAIC is committed to revitalizing the MG brand, which it acquired in 2007, aiming to position it as a more influential global automotive brand over the next three years [2][3] - MG has launched over ten models, including the MG4 EV, and has achieved cumulative global sales exceeding 5 million units, ranking among the top ten in over 20 countries [3] - The brand is focusing on appealing to younger consumers with tailored marketing strategies for different markets, such as "Get More" in the UK and "Passion Drives" in Thailand [3]