At present, Xiaokang shares are caught in the "Xilis Huawei Smart Selection SF5 suspension rumors", announcing that it will introduce state-owned assets to establish Xilis Electric Company, strengthen the strategic layout of new energy vehicles, and improve the delivery capacity of new energy vehicles.
Celis Huawei Smart SF5 is mired in rumors of discontinuation
A few days ago, with the AITO brand and Huawei M5 cooperated by Cyrus and Huawei successively unveiled, rumors about Huawei's intelligent selection of Cyrus SF5 "disguised suspension" are on the cusp. The rumors have not come out of nowhere, both the Cyrus store LOGO has been replaced by the logo of "ATIO", and the celis SF5 has stopped accepting reservations, etc. all support the rumors of suspension of production.
At the same time, it aroused a thousand waves and caused heated discussion in the industry, but also caused dissatisfaction among the owners of the SF5 of Xilis, and complained about being "cut leeks" in a car community. It even masked the good news of "AITO Q&I M5 orders of more than 2,000 units in three days".
For the rumors of "disguised suspension of production", some sources came forward to clarify that Cyrus Huawei Smart SF5 did not stop production and stop selling, but only suspended the booking. It can be seen that this rumor makes Huawei and Xiaokang shares in a passive state at the same time.
About AITO and "Ask M5"
Since Huawei and Xiaokang released the AITO brand, various speculations about the new brand have never stopped. Because there is no such precedent in the automotive industry. It is understood that AITO is a new high-end smart car brand created by Xilis under Xiaokang Co., Ltd. with the help of Huawei, and the Q&I M5 is the first model of the AITO brand, and will be sold as a smart car in Huawei channels.
That is to say, Huawei not only participates in the sales of new cars, but also participates in the production and research and development links, but it does not hang up the Huawei logo. It is puzzling that the name Cyrus is rarely heard in new brands, selectively hidden.
The AITO brand combines Cyrus's intelligent manufacturing capabilities in the field of pure electric drive range extended range technology and Huawei's cutting-edge technologies in the fields of information communications and smart travel, and has advantages and core competitiveness in terms of intelligence, technology, quality, and safety.
It can be said that the AITO brand is a strong joint brand of Xilix and Huawei, and the "Q&I M5" is the first product of cooperation between the two sides. However, if Cyrus loses the SF5, it will not have a main sales model and will become an empty shell.
Many analysts believe that Xilis has actually become Huawei's "foundry". In this regard, Huawei has said that Huawei does not build cars, but only helps car companies build good cars and sell good cars; Xilix, a subsidiary of Xiaokang Shares, is Huawei's long-term partner, not a foundry relationship.
For the suspension of sales, people close to Huawei said that the Xilis Huawei Smart SF5 did not stop production and stop selling, but only suspended the booking. Because the delivery volume before the Spring Festival has been sold out, there is no supply of cars in the short term.
For car owners worried about the maintenance problem after the SF5 is discontinued, as early as December 25, 2021, Cyrus has issued an announcement announcing that it will provide a lifetime warranty of the vehicle and range extender for the first owner of the SF5, and at the same time, the first owner of the SF5 will be able to obtain a subsidy of 10,000 yuan for the first owner of the SF5 in four years.
In fact, as a direct replacement for Cyrus as AITO, it is not the wisest choice. The reason why we started a new stove and rebuilt the AITUO new energy brand is not that Huawei is not strong enough, but because Xilis is too weak to support Huawei's car-making dream. Therefore, the two cooperative models are more followers, and fewer orderers.
Since you have chosen to re-create the AITO brand, the first new car has been unveiled, and the booking situation is also good, it is better to leave out the relationship with Xilis. Not only do not replace the LOGO, but also start a new stove, or build a new AITO image storefront on the Huawei channel, and the Xilis channel remains unchanged. When AITO is on the right track, replacement is a natural thing.
The introduction of state-owned assets, Xilis electric came out
In order to comply with the development trend of the automotive industry and implement the company's new energy vehicle strategy, and enhance the delivery capacity of high-end new energy vehicles and new models, Xiaokang introduced new investors to establish Xilix Electric Company.
The registered capital of the new joint venture company is 2 billion yuan, Jinkang New Energy intends to invest 900 million yuan, accounting for 45% of the registered capital; Jingyun Chuangfu and the special fund (wholly state-owned company) invest 800 million yuan and 300 million yuan respectively, accounting for 40% and 15%, and the joint venture company will still be included in the scope of the consolidated statements of listed companies.
2021 Xiaokang shares production and sales data show that Xiaokang shares new energy vehicle sales of 41440 vehicles, an increase of 104.39% year-on-year, with the release of the new brand AITO Q&A M5, Xilis is accelerating the full scheduling to achieve large-scale delivery. The special projects built and operated by the new joint venture company are conducive to improving the mass production capacity of high-end intelligent electric vehicles.