Gasgoo Daily: Haval H10 Firm Orders Exceed 31,800 Units; NIO Battery Swapping Surpasses 120 Million; Unitree IPO Priced at 150.80 Yuan Per Share

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Great Wall Motor's Haval H10 firm orders exceed 31,800 units within 24 hours of launch

Great Wall Motor's Haval brand officially launched its new SUV, the H10, on August 5. The latest official data shows the model secured 31,826 firm orders within just 24 hours of going on sale.

Market rumors had previously circulated that the H10 had surpassed 60,000 pre-orders. Great Wall Motor Chairman Wei Jianjun responded via social media, clarifying that while the figure was inaccurate and actual pre-sales had not reached that level, the performance remained impressive.

The H10 lineup includes four configurations, offering large five- and six-seat layouts, with a suggested retail price range of 209,800 to 231,800 yuan. As the first model to wear the parent company's "GWM" badge, it is sold through Haval's distribution network and draws on 36 years of the brand's manufacturing expertise.

NIO Battery Swapping Surpasses 120 Million; 4,000th Station Put into Operation

NIO announced on August 7 that its battery swapping service has surpassed 120 million cumulative swaps. On the same day, the company's 4,000th station and the first batch of its fifth-generation swapping stations officially went into operation. This network will serve users across three brands: NIO, Onvo, and Firefly.

Figures indicate that cumulative power swapped at NIO stations has reached 6.35 billion kWh — equivalent to the annual electricity consumption of over 3.17 million households. Regarding efficiency, swapping has saved users roughly 99.91 million hours compared to charging, averaging 83 hours per person. Versus gasoline refueling, costs have been cut by about 31.2 billion yuan in total, saving the average user 26,000 yuan.

Unitree IPO priced at 150.80 yuan per share, corresponding to issuance market cap of nearly 61 billion yuan

On the evening of August 6, Unitree released its STAR Market listing announcement, setting the offer price at 150.80 yuan per share. This implies a total market capitalization of approximately 60.993 billion yuan after issuance.

Unitree is the "first humanoid robotics stock on the A-share market." Its pricing finalization marks the arrival of the first clear valuation benchmark for the embodied intelligence sector in China's capital markets.

The announcement reveals Unitree is issuing 40.4464 million new shares, representing 10% of the post-issue total. At the offer price, the offering is expected to raise roughly 6.099 billion yuan. This is nearly 1.9 billion yuan above the 4.202 billion yuan originally targeted for its investment projects.

Online and offline subscriptions for the offering are scheduled for August 10. Investors successful in the lottery will need to pay 75,400 yuan for a single lot of 500 shares.

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