On October 30, Anhui Jianghuai Automobile Group Co., Ltd. (hereinafter referred to as “JAC Motors”, stock code 600418.SH) released the “JAC Motors 2025 Third Quarter Report”. The report shows that in the third quarter, JAC Motors sold 91,099 vehicles, a 0.23% increase from the previous quarter; its revenue was 11.513 billion yuan, a 5.54% increase year-on-year and a 20.44% increase from the previous quarter. In the first three quarters, JAC Motors’ R&D investment exceeded 3 billion yuan, a year-on-year increase of over 30%.
It is reported that the follow-up models of the MAEXTRO is progressing at an accelerated pace. This strategic initiative is expected to further expand the product portfolio and better address the diverse needs of consumers in the ultra-high-end automotive segment.
Committed to the principle of long-termism, the MAEXTRO is dedicated to long-term value creation.
JAC Motors has consistently upheld a long-term development philosophy, leveraging the strategic positioning of the MAEXTRO brand to drive sustained enterprise value enhancement. The MAEXTRO S800, a super-premium vehicle co-developed by JAC Motors and Huawei, has garnered significant market attention since its launch. It secured over 5,000 firm orders within 19 days and surpassed 15,000 firm orders within four months. Notably, a substantial proportion of these customers belong to the post-90s generation and family-oriented user groups, representing a strong “market breakthrough” in product capability.
In the R&D domain, JAC Motors and Huawei have assembled a globally leading talent team, establishing a dedicated R&D and delivery team exceeding 5,000 professionals. The collaboration also includes strategic partnerships with top-tier universities and research institutions to jointly develop next-generation architectures, advanced materials, and cutting-edge technologies. These efforts have collectively established a world-class industrial and innovation ecosystem capable of supporting the development of ultra-high-end automobiles.
In the manufacturing domain, JAC Motors has partnered with Huawei to establish the MAEXTRO Super Factory, a world-class model intelligent facility that integrates digital R&D, green and low-carbon smart manufacturing, and comprehensive brand experience services.
In the supply chain domain, JAC Motors has established a “Quality Alliance” with more than 240 globally leading suppliers, driving the advancement of intelligent connected vehicle and precision manufacturing industrial clusters toward high-end positioning, and realizing the vision of “one vehicle catalyzing the entire value chain”.
Looking ahead, the MAEXTRO will continue to drive the high-quality development of JAC Motor.
Accelerate the Intelligent Transformation of New Energy Vehicles
Strengthen the Foundation of Core Traditional Businesses
While comprehensively advancing the development of the MAEXTRO brand, JAC Motors is steadily reinforcing the foundation of its core traditional businesses, accelerating the transition toward intelligent new energy vehicles, and remains committed to achieving sustainable and balanced growth across its entire business portfolio.
In terms of sales performance, during the first three quarters of this year, JAC Motors achieved new energy light truck sales exceeding 15,000 units, representing a 62% year-on-year increase and securing third place in the industry. Pickup sales surpassed 45,000 units, ranking second nationally. The company has accelerated its heavy-duty truck electrification strategy, with nearly 3,500 new energy units delivered to market—a 108% year-on-year growth. In the international market, JAC Motors has successfully established five overseas markets with annual sales exceeding 10,000 units each, while its exports of high-end light trucks have maintained the top industry position for 14 consecutive years.
In terms of R&D and innovation, JAC Motors has invested over 3 billion yuan in the first three quarters of the year, reflecting a year-on-year increase of more than 30%. As of this year, the company has filed a total of 537 patent applications, comprising 503 invention patents, 11 utility model patents, and 23 design patents. Significant technological breakthroughs have been achieved in key domains such as vehicle-road-cloud cooperative systems, lane-level positioning methodologies, and autonomous driving scenario simulation, providing robust support for corporate innovation and industrial transformation. Notably, the MAEXTRO S800 has secured 341 patent filings, establishing itself as a “patent-intensive product”.
By intensifying innovation investment and advancing technological iteration, JAC Motors is accelerating its transition into the intelligent new energy sector, establishing a robust foundation for the consolidation and upgrading of its core traditional businesses, thereby ensuring stable and sustainable development amid ongoing industrial transformation.
Deepen the Open Cooperation
Build a New Ecosystem for Shared Success
In anticipation of future industrial competition, JAC Motors fully recognizes the principle that “going fast may be possible alone, but lasting progress requires collaboration”, and has consistently positioned open cooperation as a core strategic pillar for corporate development, with a commitment to building a new ecosystem of shared success. Notably, its strategic partnership with Huawei exemplifies this approach. The collaboration has evolved beyond conventional technology procurement or joint development, reaching a new phase characterized by deep integration and mutual empowerment.
In the joint development of the MAEXTRO brand, JAC Motors has not only integrated Huawei’s advanced ICT technologies but also comprehensively benchmarked its leading management philosophies, systematically advancing process-oriented organizational transformations such as IPD, ISC, and LTC. This profound organizational transformation has driven comprehensive improvements across key functional areas—including human resources, operations, and IT—strengthening JAC Motors’ core competitiveness.
In addition, the company’s collaboration with CATL, a global leader in power battery technology, has advanced to a new level. The recently signed agreement to deepen their long-term strategic partnership signifies a transition from a conventional supplier-customer relationship to an innovation-driven alliance dedicated to co-defining future technologies and jointly developing next-generation advanced battery products. It is reported that both parties will engage in deep synergy across key domains, including forward-looking technology R&D, new material applications, overseas market expansion, and supply chain resilience, aiming to deliver battery solutions that are one generation ahead of the industry standard, and to provide users with safer, more reliable, and higher-quality products and services.
Through deep integration with globally leading enterprises, JAC Motors has not only accelerated its transformation into a technology-driven organization but also established a virtuous cycle of symbiotic growth with its partners, contributing significant momentum to the intelligent and electric transformation of China’s automotive industry.
Standing at the confluence of a new wave of technological revolution and industrial transformation, JAC Motors is guided by a long-term strategic vision, anchored in sustained business growth, and leveraging open cooperation as a bridge to steadily advance through the intelligent and electric vehicle revolution. Through the development of the MAEXTRO brand, deep investment in technology R&D, and the expansion of ecosystem partnerships, JAC Motors has not only delivered improved short-term operational performance but also established a comprehensive, future-oriented competitive advantage across organizational, technological, and brand dimensions.
Looking ahead, JAC Motors will continue to be driven by innovation and grounded in user-centric values, proactively advancing toward a leading position in the pursuit of high-quality development.
