Chongqing Sokon Industry Group Stock Co.Ltd(601127) : continue to increase the layout of new energy industry

On May 20, Chongqing Sokon Industry Group Stock Co.Ltd(601127) ( Chongqing Sokon Industry Group Stock Co.Ltd(601127) ) held the 2021 annual general meeting of shareholders. Chongqing Sokon Industry Group Stock Co.Ltd(601127) , who has experience in vehicle manufacturing, is increasing the layout of new energy industry by increasing investment in new energy vehicle technology research and development and sales channel construction.

The 2021 annual report shows that the new energy vehicle business has become the Chongqing Sokon Industry Group Stock Co.Ltd(601127) core growth point. In 2021, the company achieved a revenue of 16.7 billion yuan, a year-on-year increase of 16.9% over 2020. Among them, 41400 new energy vehicles were sold, an increase of 104.39%. The sales and revenue of new energy vehicles accounted for 15.5% and 26.9% of the company’s vehicle sales and main business revenue. In April this year, the total sales volume of new energy vehicles was 8552, of which the sales volume of Thalis vehicles exceeded 3000, ranking third among the sales volume of high-end new energy SUVs with more than 200000 yuan.

At present, Chongqing Sokon Industry Group Stock Co.Ltd(601127) annual innovation R & D investment exceeds 10% of sales revenue, and R & D investment in 2021 is 1.949 billion yuan, accounting for 11.66% of revenue. Over the past six years, the cumulative R & D investment has been nearly 10 billion yuan. In the follow-up, the company will also maintain large investment in R & D and innovation, continue to polish core technologies and products, and consolidate core competitiveness.

Recently, Chongqing Jinkang New Energy Automobile Co., Ltd., a wholly-owned subsidiary of Chongqing Sokon Industry Group Stock Co.Ltd(601127) has officially changed its name to Thalis Automobile Co., Ltd. In this regard, chairman Zhang Zhengping said at the shareholders’ meeting that the company hopes to continue to strengthen the brand awareness of Thalis in the hearts of users with the help of this renaming, which is also in line with the company’s determination and established development direction of strategic transformation to new energy vehicles.

Zhang Xinghai, the founder of the company, disclosed the progress related to new products at the shareholders’ meeting. The M7, which is positioned as a large luxury SUV, will be released later, and more user centers and experience centers will be put into use one after another. Zhang Xinghai said that the investment in the field of new energy is the key to the sustainable development of Xiaokang group in the next decade, two decades and even beyond. It is also the core foothold of the company’s intelligent ecological strategic transformation Chongqing Sokon Industry Group Stock Co.Ltd(601127) will continue to efficiently promote the comprehensive transformation and upgrading from traditional vehicles to intelligent vehicles and from traditional manufacturing to intelligent manufacturing, and become a global smart car brand enterprise.

- Advertisment -