On April 28, Jianghuai Automobile released a first-quarter performance report, which showed that due to the epidemic and chip shortage, Jianghuai Automobile's sales in the first quarter declined; the price of raw materials such as chips and batteries increased, resulting in rising costs and a decrease in gross profit of its main business. Under the influence of multiple factors such as the intensification of geopolitical conflicts and the low level of the freight market, JIANGHUAI Automobile has actively responded to the impact of the epidemic, focused on energy transformation, continued to increase investment in research and development, and achieved breakthroughs in new energy and overseas markets.
In July 2021, JIANGC Motors officially released the "14th Five-Year Plan" strategic plan. Specifically, JIANGHUAI Automobile accurately judges its own advantages, development direction and industry trends, and in the specific business sector, Jianghuai Automobile conforms to the trend of "intelligence" and "electrification" in the case of stabilizing the development of commercial vehicles and leading the basic plate in the industry, promotes the corresponding business growth (especially the two major sectors of intelligent vehicles and intelligent new energy vehicles), creates an industrial ecosystem with the characteristics of Jacque Automobile, forms a "deep participation" in the whole industrial chain of automobiles, and accelerates the layout of the entire automotive industry chain. The goal of Jianghuai Automobile is to develop into a mainstream automobile group with "one million vehicles and 100 billion yuan" at the end of the "14th Five-Year Plan".
Now, under the established layout of the "14th Five-Year Plan" into 2022, the performance in the first quarter is basically in line with market expectations, the overall performance is stable, and some business segments are making considerable progress.
Follow the trend to accelerate the layout of the new energy sector
In the market environment of the gradual reduction of new energy subsidies, the achievements of the new energy vehicle sector are still eye-catching. The reason is that, on the one hand, the new energy vehicle market dividend continues to appear, and is shifting from "policy-driven" to "market dividend", on the other hand, it shows that Jianghuai Automobile has seized the market dividend in advance of the layout and expansion of product lines in the current favorable environment, and steadily occupies the market share. In the first quarter, the pure electric vehicle Sihao Love Run, which focuses on sports crowds, officially opened pre-sale. This model is equipped with a cellular battery 2.0, with a range of up to 602 kilometers, and the overall configuration and cost performance are greatly improved compared with previous models. The release of the model has attracted the attention of young consumers, and the market forecast is outstanding.
Expand overseas territory to convey China's manufacturing power
During the "14th Five-Year Plan" period, JIANGC Automobile regards the international transformation as one of the important layouts of the group, in the first quarter of 2022, JAC Automobile continued to expand its territory in overseas markets, in February this year, JAC electric light truck N55 was ordered by MERCADO LIVRE, the largest e-commerce platform in Latin America; on March 8, the "800 Ankai Bus Export To Mexico Departure Ceremony" was held in the Ankai bus factory under Jianghuai Automobile, setting a record for the largest order of Chinese bus exports to Mexico; on March 24, Vietnam Zhongtong and Jacques Automobile signed an order to purchase 100 high-end express container semi-trailer tractors, and the first batch of vehicles were officially delivered, laying a long-term cooperative relationship between the two sides.
The delivery ceremony of Vietnam Zhongtong and JAC Automobile Container Semi-trailer Tractor was held at the Ho Chi Minh Distribution Center
Deepening openness and cooperation to form synergistic advantages
Since the "14th Five-Year Plan", the pace of opening up and cooperation of Jianghuai Automobile has been accelerating, forming synergistic advantages with all parties and releasing greater development potential.
At the beginning of 2022, Volkswagen's Anhui MEB plant completed the construction of a new body workshop, and the cooperation between JAC Motors and Volkswagen continued to deepen; the cooperation with WEILAI was fruitful, and the 200,000th car of JIANGHUAI WEILAI Advanced Manufacturing Base was officially rolled off the production line, refreshing the record of the fastest production and sales in the high-end new energy passenger car market.
The 200,000th vehicles of JAC Weilai production base rolled off the production line
Industry insiders analyze that looking forward to 2022, Jianghuai Automobile adheres to the "14th Five-Year Plan" development strategy, guided by user demand, Jianghuai Automobile takes multiple measures to promote product upgrading, enterprise transformation and upgrading, and Jianghuai Automobile will surely develop healthily to the whole ecological industrial chain of automobiles! The future can be expected! (Miao Chen)