BAIC BluePark Says Cooperation Model with Huawei for Stelato Unchanged, Exclusive Network Progressing

Date: September 21, 2026

BAIC BluePark New Energy Technology Co., Ltd. (hereinafter referred to as "BAIC BluePark") disclosed a research and survey announcement on September 21, 2026. The company hosted research visits from CITIC Securities and CSC Financial starting September 20.

Meeting Details

• Participants from BAIC BluePark: Qiao Yuanhua, Board Secretary; Wang Yanan, Capital Markets Management Supervisor
• Format: Analyst meeting
• Location: Company conference room

Research Highlights

Question: Recent industry discussions have focused on the cooperation model between Huawei and Seres regarding the AITO brand. Has the cooperation model for the STELATO brand with Huawei changed? What is the progress on the Hongmeng Smart Mobility STELATO dedicated network construction launched last year?

Response:

STELATO is a high-end luxury brand jointly developed by BAIC and Huawei. Since the launch of the S9T last year, the partnership between BAIC and Huawei has been upgraded to a "vehicle manufacturer + Huawei technology ecosystem" strategic community. This positioning and cooperation model remain unchanged.

STELATO serves as both BAIC's flagship brand for developing high-end new energy vehicles and a core member of the Hongmeng Smart Mobility ecosystem. In the high-end new energy market, STELATO has taken the lead in establishing a full-category product lineup covering sedans, station wagons, SUVs, and MPVs, including flagship models such as the S9, S9T, G9, and V8. These products have attracted significant attention and favor from discerning customers. Going forward, BAIC and Huawei will continue to deepen cooperation around the STELATO brand, jointly creating sophisticated luxury flagship products.

Since the launch of the STELATO G9, it has garnered substantial attention in the high-end flagship SUV market. BAIC and Huawei have invested multiple flagship technologies in this model, creating a product advantage in the high-end SUV market characterized as "more rugged than luxury, more luxurious than rugged." Both parties are systematically advancing G9 deliveries. The new model, STELATO V8, positioned as a family flagship smart MPV, is being progressively introduced to the market as planned.

Since the S9T launch, STELATO has initiated the construction of the Hongmeng Smart Mobility STELATO dedicated network. Since the beginning of this year, some dedicated network stores and user centers have officially commenced operations. Like other Hongmeng Smart Mobility channel formats, the STELATO dedicated network operates under the unified management system of Hongmeng Smart Mobility—this model remains unchanged.

The Hongmeng Smart Mobility STELATO dedicated network is a business initiative jointly planned by BAIC and Huawei to strengthen the STELATO sales network within the Hongmeng Smart Mobility channel system. This initiative is progressing in an orderly manner as planned. For further information, please refer to company announcements and official information from STELATO and Hongmeng Smart Mobility.

This article is compiled based on exchange announcements and is for reference only. It does not constitute investment advice.

Keywords: Institutional research