The spillover and resonance effects of Huawei's brand value have added another fresh case.

On November 30, Guangzhou Automobile Group (SH601238, stock price 9.68 yuan, market value 99.9 billion yuan) and Huawei Technologies Co., Ltd. (hereinafter referred to as Huawei) signed a strategic cooperation agreement on smart cars.

Affected by this news, on December 2 and 3, GAC Group's share price continued to rise, reflecting the market's positive expectations for the cooperation between GAC Group and Huawei, which not only reflects investors' optimism about the cooperation between the two sides, but also highly recognizes the resonance of the brand value of both parties.

On the one hand, the "Huawei Concept", "Huawei Mobile Phone", "Huawei Car" and other related concept sectors have performed well in the capital market, which reflects the influence of Huawei's industrial chain and the spillover effect of Huawei's brand value. On the other hand, according to the "Brand Value List of Chinese Listed Companies" jointly released by National Business Daily and the China Enterprise Research Center of the School of Economics and Management of Tsinghua University, GAC Group's brand value in 2024 will also reach 47.441 billion yuan, successfully shortlisted in the TOP100 of the overall list.

The strategic cooperation between GAC Group and Huawei marks a solid step forward for both parties in the field of smart cars. However, the positive response of the capital market is only in the initial stage of cooperation, and the real effect of the cooperation between the two sides still needs to be tested by the market for a long time and the actual experience of users.

Strategic decision-making

Guangzhou Automobile Group (SH601238): plans to build a new high-end smart car brand

On November 30, GAC Group and Huawei Technologies Co., Ltd. held a signing event for strategic cooperation in smart vehicles, and the two sides signed a deepening cooperation agreement. In addition to Trumpchi, Aion and Haobo, GAC Group will create a new high-end intelligent new energy vehicle brand. With the new brand as the carrier, GAC Group and Huawei Technologies Co., Ltd. will leverage their respective advantages to bring users a leading intelligent experience through cooperation in product development, marketing, and ecological services.

Comments: GAC's strategic positioning is clear, focusing on the high-end market, and relying on Huawei technology, it can also further strengthen the intelligent competitiveness of products and achieve value delivery through cooperative innovation.

Major releases

China Telecom (SH601728): Released the first fully self-developed video generation model of a state-owned enterprise

On December 3, China Telecom released a large video generation model. This is the first fully self-developed video generation model of a state-owned enterprise, which innovatively creates the "Video As Storyboard from Text" two-stage video generation technology, which accurately outlines the "Storyboard" containing key information such as video composition, subject target location and character posture through text description, and then generates corresponding video content.

Comments: This marks a major breakthrough in the field of AI video generation by central enterprises, and also demonstrates China Telecom's strong strength in scientific and technological innovation. At the same time, the model uses VAST technology to realize the intelligent generation from text to video, which is of great strategic significance and is expected to bring revolutionary changes to telecommunications, media and other industries.

JD.com-SW (HK09618): Released the world's first glasses-free 3D product marketing plan "Liying Project".

Recently, Jingdong Group released the world's first glasses-free 3D product marketing plan - "Liying Project", and the first batch of new products applied to Huawei, Philips, DJI, Yves Saint Laurent, Xijia and other brands of some recent new products, to provide users with 3D dynamic visual effects and shopping experience.

Comments: By providing 3D dynamic visual effects, the program can significantly improve the user shopping experience, enhance the attractiveness of products, and is expected to drive sales growth for related brands. It is reported that the first batch of brands such as Huawei and Philips to apply this solution are all industry giants with a huge user base, which further highlights the market potential of the "Liying Plan".

Industrial expansion

Haier Smart Home (SH600690): Completed the delivery of Electrolux's water heater business in South Africa

On December 2, Haier Smart Home signed relevant delivery documents with Sweden's Electrolux Group in Johannesburg, South Africa, and successfully completed the acquisition and delivery of Electrolux's South African water heater business (ESA), with an enterprise value of 2.45 billion South African rand (equivalent to about 980 million yuan). It is reported that ESA owns the century-old water heater brand Kwikot, which is a leading water heater manufacturer in South Africa.

Comments: As an important pillar of the African economy, South Africa has huge market potential. The acquisition of Haier Smart Home not only acquired the century-old brand of Kwikot, but also mastered its diversified water heater product line. At the same time, with ESA's leading position in South Africa, Haier Smart Home can also respond more quickly to market demand and promote business growth.

New products are launched

Trina Solar (SH688599): Released the full-scenario Extreme N-type large, medium and small version of the module product

On December 4, Trina Solar released a newly upgraded all-scenario extreme N-type large, medium and small module based on the next-generation i-TOPCon Ultra technology. Among them, the power of the large version module is up to 760W, the power of the medium version is up to 670W, and the power of the small version is up to 495W, and the module efficiency is increased by 1.8%, which is fully suitable for large-scale ground power stations, complex terrain such as industrial and commercial and mountainous areas, European and American residential and Chinese villa roofs, etc., to fully meet the diverse needs of customers; The upgraded products will be fully mass-produced and delivered in the second quarter of next year, with a planned delivery capacity of 10GW in the first phase, and will be flexibly adjusted according to market demand to ensure sufficient supply.

Comments: With the growing global demand for high-efficiency photovoltaic products, Trina Solar will better meet the needs of diversified scenarios with its new products. In the second quarter of next year, the company will be fully mass-produced and delivered, with a planned production capacity of 10GW in the first phase, demonstrating the company's keen capture of market demand and strong supply capacity. In the context of the accelerated expansion of the N-type module track, Trina Solar is expected to seize more market share with its technological advantages.

Technological innovation

Baidu Group-SW (HK09888): Baidu Intelligent Cloud won the first place in the technical evaluation of IDC's large model platform

Recently, the International Data Corporation (IDC) released "China's Generative AI Application Development Platform Market: The Prototype of a Unified AI Development Platform for Enterprises". According to the report, Baidu Intelligent Cloud received 7 perfect scores in 8 dimensions, and the comprehensive score ranked first among the 14 evaluated manufacturers. At present, Baidu Intelligent Cloud has the largest scale of large-scale model industry in China, and more than sixty percent of central enterprises and a large number of private enterprises are working with Baidu Intelligent Cloud for AI innovation.

Comments: Baidu Intelligent Cloud won the championship in the technical evaluation of IDC's large model platform, demonstrating its deep accumulation and technical strength in the field of generative AI.

Personnel changes

Bank of China (SH601988): The board of directors approved the appointment of Zhang Hui as president

On December 2, Bank of China announced that the bank held the 11th meeting of the board of directors in 2024 in Beijing by on-site voting on December 2, and deliberated and approved the proposal to appoint Mr. Zhang Hui as the president of the bank, and Zhang Hui's qualifications for serving as president are subject to approval by the State Administration of Financial Supervision and Administration.

Comments: Zhang Hui has rich experience in the financial industry and a deep business background. According to public information, Zhang Hui was the vice president of the China Development Bank and worked in the Bank of Communications for many years. This appointment is expected to inject new vitality into the BOC.

Important collaborations

Agricultural Bank of China (SH601288): Signed a strategic cooperation agreement with the Hainan Provincial Government

On December 4, ABC and the Hainan Provincial Government signed a strategic cooperation agreement in Beijing. According to the agreement, the two sides will deepen cooperation in the fields of trade and investment liberalization and facilitation, construction of a modern industrial system, comprehensive revitalization of rural areas, and inclusive elderly care around the national strategy of building the Hainan Free Trade Port.

Comments: With the help of the financial advantages of the Agricultural Bank of China, the Hainan Free Trade Port is expected to receive stronger financial support and financial services to accelerate the pace of development. This move is not only a positive response to the national strategy, but also provides a new opportunity for ABC to expand its business areas and deepen its financial services

Xiamen International Trade (SH600755): Signed a memorandum of understanding with Yonggang Mining Group of Australia

On December 2, Xiamen ITG signed a memorandum of understanding with Yonggang Mining Group of Australia. With the support of the South Australian Government and iron ore producer Peak Iron Mines, the two companies will collaborate in areas such as iron ore resource offwriting, processing, port logistics and steel decarbonisation.

Comments: South Australia has three major mining areas, rich magnetite reserves, and at the same time, the proportion of renewable energy power generation in South Australia has exceeded 75%, and it is the "leader" of global wind and solar energy, with multiple advantages in the development of green steel industry. In the future, with the deepening of cooperation, the two parties are expected to form stronger synergies in the field of iron ore and enhance market competitiveness.

Cover image source: Visual China-VCG41N1318926727