Chongqing Sokon Industry Group Stock ((601127.SH)) saw a significant increase in the number of publicly disclosed invention patents in 2023, countering rumors of it being just an OEM factory with its strong technological capabilities.

Recently, China Automotive Information Technology Research Center released the 2023 automotive patent statistics. Chongqing Sokon Industry Group Stock ranked first among domestic automobile companies with 1,244 published patents in 2023, achieving a YoY growth of 407.76%. In addition, Chongqing Sokon Industry Group Stock achieved a 88.00% YoY growth rate in authorized invention patents in 2023, entering the top 20 for the first time and showing significant growth compared to the previous year. As a "technology leader," Chongqing Sokon Industry Group Stock has been investing 10% of its operating income in research and development. The core research and development investment of AITO WENJIE products alone has exceeded 12 billion yuan. These investments have brought many achievements in innovative technologies and products for Chongqing Sokon Industry Group Stock. In the first three weeks of January 2024, AITO WENJIE ranked first in the sales ranking of new energy vehicle brands with a sales volume of 20,100 units. Some industry experts believe that after a deep understanding of Chongqing Sokon Industry Group Stock's cooperation mode with Huawei, it is easy to see that Chongqing Sokon Industry Group Stock is not just an OEM factory as rumored. It has never just relied on others' technologies. It is due to its strong technical strength that Chongqing Sokon Industry Group Stock has the ability to cooperate closely with world-leading technology companies and seamlessly integrate their leading technologies into its product platforms. The collaboration between the two parties has resulted in the creation of leading flagship models like the AITO WENJIE M9, surpassing the growth speed of traditional automakers. By sacrificing short-term profits for research and development in exchange for long-term technological leadership, Chongqing Sokon Industry Group Stock adheres to the spirit of long-termism and continues to bear fruit. Currently, Chongqing Sokon Industry Group Stock has produced a series of independent research results in areas such as power electronics, extended range technologies, electronic and electrical architectures, and the DE-i super electric drive intelligent technology platform. The DE-i platform provides a platform with multiple technical routes suitable for pure electric vehicles, extended range vehicles, and other scenarios. The platform has been optimized in terms of the third-generation range extender, drive system, battery pack, and intelligent control, achieving industry-leading efficiency, NVH, and safety. It supports a zero to 100 km/h acceleration in 4 seconds and a range upgrade to over 1,400 kilometers, truly providing both long-range and high-performance capabilities and giving users a pleasant and comfortable driving experience. With the influx of talents and increased research and development investment, the patent achievements of Chongqing Sokon Industry Group Stock are steadily increasing. All of these previous investments will lay a solid foundation for the long-term development and competitive strength of Chongqing Sokon Industry Group Stock and help the continuous advancement of AITO WENJIE products. With the emergence of economies of scale for AITO WENJIE, Chongqing Sokon Industry Group Stock is expected to reach profitability threshold soon, and it will have greater room for imagination in its future development process.