Huawei flew to Jianghuai, and its market value soared to over 100 billion.
Text | Chedongxi Janson
Editor | Zhihao
After holding Huawei’s thigh, Jianghuai began to take off.
Car news on November 12th, just now, JAC’s share price continued to soar, closing at 46 yuan, with a market value of 100.5 billion yuan. While standing at a market value of hundreds of billions, Jianghuai only took two months.
▲ JAC’s share price performance
According to the market value of domestic car companies today, JAC has become the ninth car company with market value in China, pushing its former partner Weilai Automobile.
In terms of absolute enterprise volume, JAC delivered a total of 592,500 new cars in 2023, ranking outside 20 among all domestic car companies.
Such market performance can not be separated from the cooperation between JAC and Huawei. The first million luxury cars jointly built by the two sides will soon land at the Guangzhou Auto Show.
A few days ago, Zunjie social media account officially landed on a short video platform, and in just two days, it "sucked" 21,000.
At present, on the Internet, the discussion about this car is also very hot, and Jianghuai has also received this pouring traffic.
As the finale of Huawei’s HarmonyOS Zhixing brand, Zunjie will be the most expensive model that Huawei has ever traded, and with the opening of Guangzhou Auto Show, the mystery of this brand will be gradually unveiled.
01. The share price of HarmonyOS Zhixing "Flying with Flying" Zunjie doubled in two months.
Jianghuai Automobile’s stock market performance yesterday was very strong, rising by 9.34% in one fell swoop, and its market value once exceeded 100 billion.
Just today, JAC’s share price didn’t fluctuate too much. As of the closing price of 46 yuan, its market value is still above 100 billion.
▲ Jianghuai Automobile’s share price "soared"
You know, two months ago, Jianghuai’s share price was lower than 23 yuan’s, and even after its listing in 2001, its share price remained between 10-20 yuan for a long time.
After 23 years of listing, with the continuous positive, Jianghuai Automobile has doubled its market value in the past two months, surpassing Weilai Automobile and ranking the ninth in the market value of domestic mainstream listed car companies.
▲ Market value of domestic mainstream listed car companies on November 12, 2024
However, judging from JAC’s latest three quarterly reports, its business performance does not match the current market value performance.
According to the financial report, Jianghuai Automobile achieved an operating income of 32.206 billion yuan in the first three quarters of 2024, down 5.06% year-on-year; The net profit returned to the mother was 625 million yuan, a year-on-year increase of 239.86%, but the non-net profit was-231.2 million yuan, a decrease from the same period last year, and no profit was realized.
▲ JAC Automobile’s Report for the Third Quarter of 2024
In terms of sales volume, JAC’s cumulative sales volume in the first ten months was 345,200 units, down 6.28% year-on-year.
You know, BYD sold 500,000 new cars in a single month in October this year. It can be said that the performance of Jianghuai Automobile is not even as much as that of BYD in a month.
Looking at last year, JAC only sold 592,500 new cars.
On the whole, the current business situation of Jianghuai Automobile is not very optimistic.
Just because of the enthusiasm of cooperation with Huawei, its performance in the capital market is uncharacteristic.
02. The secret of Zunjie is coming soon, and spy photos are frequently spread on the Internet.
Compared with the heat of the capital market, the people have also maintained a high degree of concern for the new car itself.
As early as the 2024 World Intelligent Networked Automobile Conference, Yu Chengdong revealed that the first car of Zunjie brand jointly built by Huawei and JAC Automobile will be unveiled on a small scale at the Guangzhou Auto Show, which opened on November 15th, and it is planned to be listed next spring.
▲ Zunjie car social media account
On November 10th, Zunjie Automobile opened an official account on the vibrato platform and was certified as "Huawei Terminal Co., Ltd.".
Although no works have been released, the account has attracted 21,000 fans in two days.
At the same time, the Logo of Zunjie brand also made its first public appearance.
MAEXTRO Zunjie, as the fourth smart car brand jointly built by Huawei and automobile companies, Yu Chengdong said in May this year that the products of Huawei and Jianghuai will be positioned as high-end luxury brands.
Zunjie’s new car will provide a higher-end, more luxurious and more comfortable driving experience compared with luxury brands such as Maibakh and Rolls-Royce.
At present, the network news about Zunjie is also very frequent.
▲ Suspected Zunjie shipped to Guangzhou Auto Show
A few days ago, there was a screenshot of the circle of friends of the official staff of Jianghuai passenger car, which showed the photos of Zunjie leaving for the Guangzhou Auto Show.
▲ Respect the boundary or adopt the lifting standard.
In addition, some media broke the news that when Huawei applied for a brand trademark for Zunjie, it also registered a standard modeling.
From the picture, it is a polygonal diamond cutting shape, paying tribute to "Rolls Royce".
▲ Zunjie is suspected to be equipped with rear wheel steering.
From the previous spy photos, although the camouflage is very thick, its slender body contour still reveals the typical executive-class sedan temperament.
According to the forecast, the size of the first car in Zunjie will reach D-class, with a slip-back shape at the rear and probably equipped with rear wheel steering function.
▲ Zunjie spy photos (side front)
Judging from the design of Zunjie’s front face, the new car is likely to adopt a closed grille, and the central government is expected to add a penetrating LED strip, which echoes the design of Huawei xPixel smart lights on both sides.
However, the first new car of Zunjie will not necessarily be a car.
Judging from the current news, there are also many news that the first new car in Zunjie will be MPV.
But no matter what model, I believe Huawei’s most advanced technology will be used.
It is reported that the new car will be equipped with a series of new technologies of Huawei, and it is also possible to launch Huawei Gankun ADS 4.0.
In addition, the new car will also be equipped with Huawei whale battery, intelligent electric drive DriveONE, air suspension and global 800V architecture.
As for which model is the first new car in Zunjie, it will be unveiled at Guangzhou Auto Show.
03. Conclusion: Huawei’s rims continue to be high-end.
At present, the small-scale revelation of Zunjie will be carried out at the Guangzhou Auto Show.
Zunjie, as the "fourth world" of HarmonyOS Zhixing, is at the highest level in brand positioning, and plans to launch MPV models.
It can be seen that the positioning of this brand is based on the luxury of the whole link.
However, it should be noted that consumers who buy luxury cars value not only the product strength of the models, but also the added value brought by the models and brands.
HarmonyOS Zhixing may still have some way to go at this point.