Recently, major car companies have announced the "interim results" for the first half of 2023, and Jianghuai Automobile's "2023 Semi-Annual Report" was officially released a few days ago. According to the report, Jianghuai Automobile's revenue increased by 25.87% year-on-year, and the market scale and economic benefits performed well.
Jiangqi Group National Technical Center
Strong resilience, sufficient potential, long-term improvement, obvious scale benefits
The reason why Jianghuai Automobile has been able to achieve rapid growth in performance is due to the continuous growth of expenses and the significant improvement of brand power. It is understood that from January to June 2023, the cumulative sales of Jianghuai Automobile will be 278,800 units, a year-on-year increase of 18.53%, nearly 10 percentage points higher than the industry. On April 12, "Leading Intelligence with Intelligence" - Jiangqi Group Passenger Vehicle New Standard Unveiling and New Brand Strategy Conference was held in Hefei, Jianghuai Automobile officially announced the brand value of "leading intelligence with intelligence" and the brand attitude of "no intelligence, no car", and successively launched a number of intelligent new products such as Yttrium 3, JAC A5 PLUS, and the new Humtu, creating a highly competitive product matrix.
Jiangqi Group's new brand strategy press conference
Deeply cultivate the field of intelligent new energy vehicles, and play a stronger voice of intelligence and electrification
Today, the trend of electrification, intelligence, and connectivity is driving major changes in the automotive industry. To this end, Jianghuai Automobile has always adhered to the general direction of intelligent development and built advantages through multi-dimensional layout. In the first half of 2023, Jianghuai Automobile's R&D expenses reached 819 million yuan, a year-on-year increase of 23.40%.
The world's second-generation pure electric platform - DI platform
At the level of intelligent platform and product, in addition to the released MIS architecture, JAC Automobile has also built the DI platform and MUSE intelligent architecture around sedans and MPVs respectively, and jointly built the intelligent technology platform matrix of JAC Automobile passenger cars. And bring users a number of new products such as yttrium 3, JAC Ruifeng RF8, JAC QX hybrid and so on. Recently, the RF8, a production car based on the concept car 1:1, was also unveiled at the Chengdu International Auto Show. In addition, while deeply cultivating products and platforms, Jianghuai Automobile has been deepening cooperation and striving to better accelerate the construction of a new ecology of the intelligent new energy vehicle industry.
The new intelligent electric hybrid MPV - Ruifeng RF8
The "mid-term volume" of JAC Automobile is also a "confidence volume". Through the semi-annual report, we can not only feel the great development resilience and surging development vitality of Jianghuai Automobile in the past six months, but also feel that its strong resilience, full potential, and long-term good fundamentals will not change. Under the measures of building both pure electric and hybrid vehicles, domestic and international collaboration, JAC will be able to empower enterprises to achieve high-quality development.