CHANGAN AUTOMOBILE-B(000625)2023-09-26 10:22Group 1: Strategic Transformation - The company aims to transition to a smart low-carbon mobility technology company, focusing on the "Shangri-La" plan for new energy, targeting a sales volume of 1.2 million new energy vehicles by 2025, with 27 new models to be launched [1] - The "Beidou Tianshu" plan emphasizes the production of smart vehicles, with the SDA platform architecture set to support the development of the world's first industrialized central + regional network architecture [1] - The "Haina Baichuan" plan accelerates overseas expansion, targeting entry into Southeast Asia and Europe by 2024, with a goal of launching at least 30 global products by 2025 and achieving annual overseas sales of 1.2 million vehicles by 2030 [1] Group 2: Product Launch and Market Performance - The Avita 11 Hongmeng version was launched on September 11, 2023, with over 5,000 pre-orders within the first week, establishing a strong position in the luxury electric vehicle market [2] - The newly released SL03 features four core values: pure electric drive, long range (200 km pure electric, 1200 km comprehensive), low energy consumption (4.4 L/100 km), and enhanced safety through innovative technologies [2] - The SL03 offers additional options with 135 km pure electric range and 1140 km comprehensive range, catering to diverse consumer needs [2] Group 3: Technological Innovation - The SDA architecture replaces traditional distributed systems with a centralized electronic architecture, supporting advanced control, communication, and iterative upgrades for new vehicles [3] - The innovative design aims to enhance user experience and efficiency, enabling the creation of smart vehicles that meet comprehensive user needs across various scenarios [4] - The company emphasizes collaboration and sharing in the development of smart vehicles, aiming to lead in the digital and intelligent automotive sector [4]