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28/09/2026 14:08

JAC Motors hits another trading limit, emphasizes normal production and operations, and ongoing cooperation with Huawei

  {Economic Information Daily, 28th exclusive} JAC Motors (SSE: 600418) hit the daily trading limit again today. As of now, the company's stock price is reported at 25.22 yuan (RMB, same below), with a latest market value of 56.85 billion yuan. Previously, the company's stock price had hit the daily trading limit on September 22 and September 23.

  On the news front, the Harmony Intelligent Mobility launch event will be held this afternoon. Earlier, market rumors suggested a collaboration among Stellantis, Huawei, and JAC Motors, with Maserati's electric vehicle models potentially adopting the Harmony Intelligent Mobility platform. The market expects JAC Motors to undertake contract manufacturing for luxury brand electric vehicles, opening up opportunities in the overseas high-end contract manufacturing market.

  In response, domestic media 'Zhongzheng Jinniuzuo' cited JAC Motors as saying that stock price fluctuations are market-driven behaviors, and the company's production and operations remain entirely normal. The company has always maintained cooperation with Huawei. The company's chairman‌ Xiang Xingchu recently stated that they will firmly collaborate with Huawei and supply chain partners to continuously launch more products exceeding user expectations. The long-term investment in positioning the Zunjie 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, further enriching its product lineup. (jq)
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