Xiaokang's shares are renamed "Selis" new energy strategic transformation and then upgrade

On July 11, well -off shares (601127, SH) issued an announcement that it plans to change the company's Chinese name from "Chongqing Xiaokang Industrial Group Co., Ltd." to "Selis Group Co., Ltd.". Change to "Selis", the company's securities code "6011127" remains unchanged. The new business layout of Well -off has clearly showed its determination to continue to cultivate the company's continued deep cultivation in the field of smart new energy vehicles.

The announcement shows that driven by the two -wheel drive of the market, the new energy vehicle market has shown an explosive growth trend. Based on the years of deep cultivation in the industry and in -depth thinking about the development of the automotive industry, the company has laid out the new energy vehicle business in 2016. After years of technical accumulation and continuous research and development investment, the company has A number of technological innovation results have been achieved in the fields of driving, cultivating and forming a pure electric drive intelligent growth platform (DE-I) with independent intellectual property rights and conforming to China's national conditions. In the field of new energy vehicles, competitive technology and technology and Products have become a technology manufacturing enterprise with new energy vehicles R & D, production and sales as the core business.

In order to facilitate investors to accurately understand the current company's positioning, make the company name match the business and strategic planning, and unify the company's brand image and enhance brand value, the company intends to change the company name and adjust the company's securities abbreviation accordingly. This change of the company name will be approved in a timely manner after the shareholders' meeting will be reviewed and approved. This change of company securities abbreviations need to be implemented after the approval of the Shanghai Stock Exchange.

In recent years, Xiaokang has continued to carry out business transformation and upgrading, and long -termism and firm investment have brought broad development space to well -off. From January to June this year, the cumulative production and sales of new energy vehicles in Xiaokang shares were 4,7714 and 45,622, respectively, with a year-on-year increase of 255.12%and 204.51%, respectively. In May, the monthly sales volume of the new energy vehicle in the new energy vehicle of the well -off shares exceeded 10,000 for the first time, and for the first time surpassed the sales of fuel vehicles. Within 4 hours after the launch of the AITO question industry M7, the new car orders have exceeded 20,000. The capabilities of Xiaokang in the field of new energy intelligence have been recognized by the market.

This renamed Selis is also the inevitable result of Xiaokang's third entrepreneurial. In fact, Xiaokang is already a 36 -year -old enterprise. In the fierce market changes, he dares to seize the trend of the times and bold innovation. He has gone through three entrepreneurship. In 1986, the well -off people started from a spring to start the first entrepreneurial journey; in 2003, Xiaokang cooperated with Dongfeng Group to enter the field of vehicle manufacturing; since 2016, Xiaokang began to enter the new energy field and is committed to providing enterprises from traditional traditions from tradition Automotive manufacturers have created global smart car brand companies with international competitiveness.

Among the many companies that claim to open up territory in the field of new energy, Xiaokang is the longest layout and the most practical one. In the past six years, a well -off R & D investment has invested nearly 10 billion yuan, and the annual innovative research and development investment exceeds 10%of sales revenue. Cultivated and formed core technologies such as electrical control and electrical drive with independent intellectual property rights. At present, Xiaokang has nearly 3,000 patented technology, of which more than 150 invention patents. The new Phoenix Smart Factory and Liangjiang Smart Factory, which are built in accordance with the industry 4.0 standard, provide a strong guarantee for the company's new energy vehicle delivery.

Last year, the cooperation between well -off and Huawei created a precedent for the deep cross -border integration of the smart car joint business. The two sides empower each other, and their cooperation in core technologies, products and channels continues to deepen. Selis's product power and brand power have been significantly improved, becoming a powerful dark horse in the new energy vehicle market.

In 2022, it is of great significance to the development of Xiaokang. Zhang Xinghai, the founder of Well -off, pointed out in the internal letter at the beginning of the year: "In the new year, we define cars with software and bring wisdom into the car in the era of all things. , To launch more new models to meet users to achieve smart travel and provide users with better services. "

Whether it is the strong guidance of carbon neutralization and macro policies, or under the rise of global oil prices, the real drive of market demand, new energy vehicles have become the main direction of the global automotive industry's transformation and development. As a well -off manufacturing of nearly 20 years, transforming new energy vehicles is an inevitable choice.

As Zhang Zhengping, chairman of Xiaokang, said: "Investment in the field of new energy is the key to achieving sustainable development in the next ten, twenty years, or even farther in the future, and the core foothold for our intelligent ecological strategic transformation."

With the successful listing of M5 and M7 in the question world, Xiaokang has completed gorgeous turns in the new energy field. The renamed renamed a more solid determination and development direction of the strategic transformation of Xiaokang New Energy Vehicle. In the future, Selis is also expected to become the leader and promoter of global smart car brands.

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