瑞信:予吉利(0175.HK)”中性“評級 目標價26港元
瑞信發研報提到,吉利汽車(0175.HK)發佈“智能吉利2025”戰略,公司目標到2025年EBIT超過8%,這需歸因於200%的銷售增長所帶來的顯著的經濟規模;減少供應鏈和每個單位的研發支出;以及共享其技術予其他同業以減輕成本。吉利目標將平均銷售價格調高30%,並在中國本土品牌中佔據第一的市場份額。該行給予吉利“中性”評級,目標價26港元。
報吿提到,吉利發佈其自家的7nm製程的車用SOC芯片“SE1000”,並將在明年正式量產。其後,吉利又計劃在2023年推出7nm製程的高運算能力的自動駕駛芯片,到2024-2025年推出5nm的車載一體化超算平台芯片。吉利目標在2025年實現L4級自動駕駛的商業化,並且完全掌握L5級自動駕駛。而為了提供“全球無盲點”及釐米級高精準度的定位能力,集團又計劃完成配有70顆物聯網衞星和168顆導航衞星的LEO(低地球軌道)衞星網絡。

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