Dongfeng Xiaokang has been renamed as Sailus After the successful sales of the Wanjie M7, they plan to increase the brand’s recognition

Dongfeng Xiaokang renamed Sailus after successful sales of Wanjie M7, aiming to boost brand recognition

【Phoneauto News】Recently, news about the explosive order volume of the Wanjie M7 has been widely spread on the internet. With the increase in the volume of new cars, there is also new news coming from the Saicces Automotive behind it.

Wanjie New M7

Recently, according to Qichacha, the original Dongfeng Xiaokang Automobile Co., Ltd. changed its name to Saicces Automotive (Hubei) Co., Ltd. The company was established in May 2003, with a registered capital of 800 million yuan, and the legal representative is Liu Changdong. It is wholly owned by Saicces (formerly known as Xiaokang Stock).

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Qichacha news

On August 2nd, “Xiaokang Stock” changed its securities abbreviation to “Saicces”, while the securities code remained unchanged. In addition, on August 1st, Xiaokang Stock announced that it has completed the industrial and commercial change registration procedures, and the company name has changed from “Chongqing Xiaokang Industrial Group Co., Ltd.” to “Saicces Group Co., Ltd.”. In response to this, Saicces Group stated that the name change is to facilitate investors’ accurate understanding of the current positioning of the company, align the company name with its business and strategic planning, unify the company’s brand image, and enhance the brand value.

With the release of the new Wanjie M7 model through price reduction, the order volume of the new car has been soaring all the way. On the evening of October 5th, Yu Chengdong, Huawei’s Executive Director, CEO of Terminal BG, and Chairman of the Intelligent Car Solutions, announced on social media: From September 12th to October 6th, the new Wanjie M7 has been on the market for only 25 days, and the cumulative orders have exceeded 50,000 units.

Wanjie New M7 has accumulated over 50,000 pre-orders.

The increase in order volume has also led to a sharp rise in the stock price of Siles. Siles stated that the company’s stock has been at the daily limit of increase from September 28, 2023 to October 10, 2023 for three consecutive trading days, but there have been no major changes in the company’s fundamentals, and there is no significant undisclosed information that should be disclosed. Siles issued a risk reminder for secondary market trading, stating that the short-term increase in the company’s stock price is higher than the industry and the Shanghai Composite Index during the same period, and there is a risk of market sentiment overheating.

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