General Administration of Market Supervision: Comprehensive use of various anti-unfair competition measures to prevent and control "internal volume" competition in key industries and fields such as platform economy and new energy vehicles.

On March 30, the General Administration of Market Supervision issued a notice on further implementing the the People's Republic of China Anti-Unfair Competition Law. The notice mentioned comprehensive measures to address “involutionary” competition. By comprehensively employing various anti-unfair competition measures, we will focus on preventing and addressing “involutionary” competition in key industries and sectors such as the platform economy, photovoltaics, lithium-ion batteries, and new energy vehicles. Accurately identify and, in accordance with the law, investigate and address cases in which platform enterprises, without justifiable reasons, use search rankings, business reviews, algorithmic controls, traffic restrictions, delisting of products, increased fees, delayed payment terms, suspension of transactions, internal disciplinary measures, or other means — or engage in subsidy programs, promotions, red-envelope giveaways, discounts, “spend-and-save” offers, “buy-one-get-one-free” deals, and other promotional activities — to compel, directly or indirectly, operators on their platforms to sell goods at prices below cost, thereby disrupting the order of market competition. When determining whether a specific case constitutes a violation of the law, it is necessary to comprehensively consider various factors, including the nature of the transaction object, the scale and type of production, market and sales conditions, production efficiency and technology, as well as the quality of goods or services. Strengthen the responsibilities and obligations of platform operators in addressing unfair competition practices; urge platforms to clearly define fair competition rules for operators within the platform, establish dedicated working mechanisms, accept reports and complaints, effectively handle disputes, promptly take necessary measures to address unfair competition, and maintain relevant records while reporting to law enforcement authorities. Prevent platform operators from improperly interfering with the independent business operations of merchants on the platform through flawed review and management practices.

Caixin Auto: Regulatory Combination Fist.

China has released its first durability verification system for hydrogen energy products.

On March 30, China Automotive Technology Research Center released the first durability verification system for testing the whole industry chain of hydrogen energy products in China. At the New Energy Vehicle Testing Center of CATARC in Tianjin, the reporter observed a hydrogen fuel cell stack undergoing a 2,000-hour dynamic cyclic “marathon” test. This is not merely a prolonged test; rather, it involves precisely controlling various parameters to frequently and repeatedly simulate vehicle operating conditions such as idling, acceleration, and cruising. A 2,000-hour high-intensity cycling test is an extreme endurance challenge.

Caixin Automotive: Verify the reliability and durability of hydrogen energy products and test the maturity of related technologies.

SERES: 2025 revenue 165.05 billion yuan

On March 30, the SERES released its 2025 annual report, achieving a revenue of 165.05 billion yuan, a record high, an increase of 13.7 percent over the same period last year, and a net profit of 5.96 billion yuan belonging to shareholders of listed companies, making profits for two consecutive years. During the reporting period, SERES invested 12.51 billion yuan in research and development, up 77.4 year on year. On the same day, the SERES announced that it plans to repurchase shares of no less than 1 billion yuan and no more than 2 billion yuan, and the repurchase price will not exceed 150 yuan per share. The source of funds is its own funds. The repurchased shares will be used to reduce the company's registered capital.

Caixin Automotive: AITO high-end cash, cash flow and research and development double strong.

BYD: Confident in 1.5 million Car Exports in 2026

On March 30, according to people familiar with the matter, BYD told analysts that this year's auto exports may exceed its previous target of 15%. At Monday’s analyst briefing, BYD’s management told attendees that the company is confident in achieving an export target of 1.5 million vehicles by 2026.

Caixin Automotive: Overseas production capacity concentrated release, 2026 is the key.

Dongfeng Capital Management Launches Voyah H-Share Increase Plan

On March 30, Voyah Automobile issued an announcement that Dongfeng Asset Management Co., Ltd., the controlling shareholder of Dongfeng Automobile Group, announced the launch of a share increase plan. The announcement made it clear that based on the full recognition and confidence in the future development prospects of the Voyah, in order to boost investor confidence, support the company's sustained, healthy and stable development, and maintain stock price stability, Dongfeng asset management plans to increase the company's H shares within 12 months from the date of the announcement, and the cumulative amount of the first phase of the proposed increase shall not exceed RMB 0.25 billion.

Caixin Auto: The increase in Dongfeng capital management is based on the recognition of the Voyah's core values, industry prospects and strategic layout.

ChangAn Auto Releases Blue Whale Super Power

On March 30, ChangAn Motor released Blue Whale Super Power, starting with 500bar ultra-high pressure direct injection technology hybrid engine, with thermal efficiency nearly 45% and fuel injection pressure 43% higher than the industry level. Carrying 3V high magnetic flux magnetic steel topology hybrid electric drive, the motor efficiency exceeds 98%; Equipped with 50C discharge capacity battery, AI intelligent energy management. Based on this power, ChangAn Auto announced that the fuel consumption in the blue brand family car city has entered the "2L era", I .e. 2.98L/100km; Blue SUV city fuel consumption has entered the "3L era", I .e. 3.98L/100km. It is reported that ChangAn cars will launch blue whale super-engine hybrid models one after another, and promote the whole series of fuel car products equipped with blue whale super-engine hybrid technology.

Caixin Automotive: The technology is designed to provide a travel experience comparable to new energy vehicles without changing user habits.

Chery New QQ3 Sold in 58900-78900 Yuan

On March 30, Chery's new QQ3 was officially listed at a price of 58900-78900 yuan. The new QQ3 uses rhinoceros liquid cooling battery and provides 29.484kWh and 41.278kWh capacities. CLTC has a battery life of 310km and 420km respectively. 30%-80% fast charging takes only 16.5 minutes and supports 6.6kW external discharge function. The car machine is equipped with a Qualcomm 8155 chip and a 15.6-inch 2.5K central control screen, and is equipped with a large Carmind model to support AI natural language interaction. The new car is equipped with Falcon 500 driving assistance system, which supports high-speed NOA, automatic on-off ramp, active lane change and other functions. It is also equipped with 100 + scene automatic parking and 15 L2 auxiliary driving functions.

Caixin Auto: Once the national car opened a new era of pure electricity.

New Core Navigation Releases Large Model Chip X7

The start-up company New Core Airway (Xheart) recently released a large model chip new core Airway X7. Thanks to the special super-large core NPU(Neural Processing Unit, I .e. neural network processor) and the original soft and hard co-design, the first new core navigation X7 chip can support about 10 times the large model parameters of the general chip, which can bring faster response, stronger stability and more comprehensive sensor access and processing capability to the intelligent driving scheme of car companies, as well as the integration of "functional safety" and "information security" reliable protection, so as to support a more silky, safer urban pilot assisted driving experience.

Caixin Auto: The release of the new core route X7, or for many car companies in the "second half of the smart drive" to seek to break the key variables.

FAW Audi User Ecological Rights Strategic Cooperation Upgrade

FAW Audi recently held a signing ceremony for customer ecological strategic cooperation. It completed the signing and released the customer ecological rights and interests system with seven leading brands in the four major fields of travel, sports, life and car owner service. The cooperative brands include benchmark enterprises in various fields such as Special Call, Tuole, Beida Lake Resort, Hot Snow Miracle, COFCO, Zhongda Yunshang and MTM. Through the joint cross-border resources, FAW Audi focuses on the four core scenarios of user supplement travel, sports experience, daily consumption and full-cycle car use, creating a high-end life ecology covering the whole life cycle of the car.

Caixin Auto: This signing demonstrates FAW Audi's strategic determination to transform from "product delivery" to "long-term service and value ecology.

Uber announced the acquisition of German premium ride-hailing company Blacklane.

On March 30, Uber and Blacklane announced an agreement to acquire Blacklane, a German car service company. The acquisition, which is subject to customary regulatory approvals and other customary closing conditions, is expected to close by the end of 2026.

Caixin Automotive: The move marks Uber's continued expansion of its business in high-end and business travel.

(Compiled and commented by Zhang Yipeng, Caijing News Agency reporter)

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Source of the article:Cailian Auto Morning Briefing