On the afternoon of January 7th, Xiaokang Co., Ltd. held an investor telephone exchange meeting. The company's founder Zhang Xinghai, President Ma Jianchang, and Board Secretary Shen Wei interacted with nearly 100 institutions on the hot topics currently concerned by the market.

　　At the meeting, Xiaokang Automobile said that it will launch a new car in the middle of the year, that is, at the end of the second quarter or the beginning of the third quarter, positioning it as a medium and large SUV model. Will be released in 2023. The Wenjie M5 will also launch a pure electric model, because starting from 2023, in Shanghai's policy, the extended-range model cannot get a green card, so the Wenjie M5 pure electric model will be launched.

　　In addition, Wenjie M5 will be delivered in small batches in February, and will be delivered in batches in March. The Wenjie M5 will be produced at the Liangjiang factory in Chongqing, which has a production capacity of 30 units per hour and a monthly output of 15,000 units. The new model will be produced in another factory, which will not affect the production capacity of the M5.

　　As for whether the SF5 will be discontinued, Xiaokang Co., Ltd. replied that the SF5 and the M5 are both models of Celis, and the company will continue to launch new models. For the company, it will not take the initiative to stop the production of models. As long as users have demand, the company will produce and deliver them, and Seris will serve every car and every new and old user with high quality.

　　According to the data, in order to improve the delivery capacity of high-end new energy vehicles and new models, Xiaokang Co., Ltd. recently established Celis Electric Co., Ltd. and introduced Chongqing State-owned Assets Special Fund, with an investment of about 300 million yuan and a total registered capital of 2 billion yuan, which will be divided into three phases. pay. Xiaokang Automobile said that the introduction of a government investment platform to take shares this time will support the development of the new energy vehicle business, and the joint venture will still be included in the scope of the consolidated statements of listed companies.

　　It is worth mentioning that in the meeting, Xiaokang shares reiterated, "We have not been a foundry before and now, let alone a foundry. What Xiaokang and Huawei have created is a new model of joint business in-depth cross-border cooperation."

　　Company executives said that subsequent models will be equipped with Huawei's high-end autonomous driving system.