During the Auto Shanghai 2025, Wu Lei, Party Secretary and Chairman of Shanghai Electric Group, met separately with Yin Tongyue, Party Secretary and Chairman of Chery Automobile Co., Ltd. (“Chery”), and Jia Jianxu, Deputy Party Secretary and President of SAIC Motor Corporation Limited (“SAIC Group”), to discuss deepening industrial chain collaboration. Mr. Wu was accompanied by Zhu Zhaokai, Deputy Party Secretary and President of Shanghai Electric Group, and Jia Tinggang, Vice President.

At this year’s auto show, Chery showcased 53 innovative models across the fields of new energy and intelligent technologies, highlighting the transformation of China’s automotive industry from scale expansion to technology leadership, offering new strategic opportunities for deepened cooperation between the two companies.

Since the high-level meeting in July 2024, Shanghai Electric and Chery have steadily advanced practical cooperation in areas including smart manufacturing upgrades, new energy technology innovation, and global industrial deployment. Building on previous achievements, both sides expressed during the meeting their intention to further expand cooperation. They aim to leverage local support capabilities, integrate industrial resources across the Yangtze River Delta, and jointly develop a multi-link cooperation framework encompassing smart manufacturing, automotive parts, and overseas supply systems to enhance their overall competitiveness within the NEV industrial chain.

As the host enterprise of the auto show, SAIC Group showcased dozens of industry-leading technologies, demonstrating the innovation strength of Shanghai’s high-end manufacturing sector. In their discussion, both parties noted Shanghai Electric’s solid technical foundation in the field of automotive thermal management. Technologies unveiled at the auto show, such as the low-temperature NEV electric AC compressor, R290 thermal management system integration module, and compact AHU technology, align closely with SAIC Group’s needs for whole-vehicle thermal management systems, indicating strong potential for future collaboration. Additionally, Shanghai Electric’s global supply chain network for NEV thermal management not only supports SAIC Group’s overseas expansion, but also injects momentum into Shanghai’s development as a world-class automotive industry cluster.