ASK M8's product matrix expansion. Institutions maintain a "strong recommendation" rating for Chongqing Sokon Industry Group Stock (601127.SH).

According to official sources from Wanjie, the Wanjie M8, positioned as a "family smart flagship SUV," will officially launch in April this year. At that time, the Wanjie M8 will join hands with the Wanjie M9 2025, which was launched this month, jointly forming a highly competitive "ace combination" for Wanjie. The collaborative efforts of these two models will further enrich the product matrix of Wanjie brand and continue to optimize the strategic layout of Chongqing Sokon Industry Group Stock in the high-end market. The latest research report from Founder points out that Wanjie's average transaction price leads among domestic brands, steadily advancing Chongqing Sokon Industry Group Stock's high-end strategy. With the launch of Wanjie M8, Chongqing Sokon Industry Group Stock is expected to open a channel for continuous performance growth, maintaining a "strongly recommend" rating. At the same time, Ping An Securities' research report also believes that based on consolidating the existing market achievements, Wanjie M8 will, together with Wanjie M9, be a key factor in further releasing company profits in 2025, maintaining a "recommended" rating. The latest data shows that in the sales ranking from January 1st to March 2nd, 2025, Wanjie M9 leads with a significant advantage of 17,400 units in the sales of luxury SUV models priced at 500,000 yuan and above, while also retaining the championship position. Meanwhile, Wanjie M7 continues to lead in the sales of luxury SUVs priced at 300,000 to 400,000 yuan. Wanjie M9 and Wanjie M7 continue to lead in their respective segmented markets, fully demonstrating the strong market competitiveness of the Wanjie brand. In the past year, Wanjie has achieved remarkable results in the new energy vehicle market. Data shows that Wanjie's new M7 delivered nearly 200,000 units in the past year, ranking first in the sales of new Chinese models. Since its launch, Wanjie M9 has accumulated over 200,000 orders, reigning as the top-selling luxury car model in the Chinese market priced at 500,000 yuan for 11 consecutive months. As of now, Wanjie's cumulative sales have exceeded 500,000 units, becoming the first domestic brand with an average transaction price exceeding 400,000 yuan.