ET Net News Agency reported on the 28th that JAC Motors (SSE: 600418) hit the daily trading limit again today. As of now, the company's stock price stands at 25.22 RMB, with a market capitalization of 56.85 billion RMB. Previously, the company's stock price had also hit the daily trading limit on September 22 and September 23.
On the news front, Harmony Intelligent Driving's press conference will be held this afternoon. Earlier, market rumors suggested a collaboration among Stellantis, Huawei, and JAC Motors, with Maserati's electric vehicle models potentially utilizing the Harmony Intelligent Driving platform. The market expects JAC Motors to secure contract manufacturing opportunities for luxury brand electric vehicles, opening up space in the overseas high-end contract manufacturing market.
In response, domestic media outlet 'CSF Niu Zuo' cited JAC Motors as saying that stock price fluctuations are market-driven behaviors, and the company's production and operations remain normal. The company has always maintained cooperation with Huawei. JAC Motors' chairman, Xiang Xingchu, recently stated that the company will firmly collaborate with Huawei and supply chain partners to continuously launch more products exceeding user expectations. The long-term investment in positioning the brand in the ultra-luxury segment will not stop, and the brand will continue to expand its product matrix, successively launching SUVs and sports luxury models to further enrich its product lineup. (jq)
On the news front, Harmony Intelligent Driving's press conference will be held this afternoon. Earlier, market rumors suggested a collaboration among Stellantis, Huawei, and JAC Motors, with Maserati's electric vehicle models potentially utilizing the Harmony Intelligent Driving platform. The market expects JAC Motors to secure contract manufacturing opportunities for luxury brand electric vehicles, opening up space in the overseas high-end contract manufacturing market.
In response, domestic media outlet 'CSF Niu Zuo' cited JAC Motors as saying that stock price fluctuations are market-driven behaviors, and the company's production and operations remain normal. The company has always maintained cooperation with Huawei. JAC Motors' chairman, Xiang Xingchu, recently stated that the company will firmly collaborate with Huawei and supply chain partners to continuously launch more products exceeding user expectations. The long-term investment in positioning the brand in the ultra-luxury segment will not stop, and the brand will continue to expand its product matrix, successively launching SUVs and sports luxury models to further enrich its product lineup. (jq)
