--- title: "BAIC's Zhang Guofu criticizes the \"involution\" phenomenon: low-end competition is a dead end, and market competition must adhere to the bottom line" description: "On May 31, at the 2025 Future Automotive Pioneers Conference, Zhang Guofu, Secretary of the Party Committee and Chairman of BAIC New Energy, stated that market competition should avoid low-end involut" type: "news" locale: "en" url: "https://longbridge.com/en/news/242675648.md" published_at: "2025-05-31T08:09:19.000Z" --- # BAIC's Zhang Guofu criticizes the "involution" phenomenon: low-end competition is a dead end, and market competition must adhere to the bottom line > On May 31, at the 2025 Future Automotive Pioneers Conference, Zhang Guofu, Secretary of the Party Committee and Chairman of BAIC New Energy, stated that market competition should avoid low-end involution, and breakthroughs in the high-end are the correct direction; car manufacturing should return to its essence and create a trustworthy future. Zhang Guofu emphasized that market competition must adhere to the bottom line and cannot sacrifice quality, and that there is a need for calm reflection on the industry's ecological relationships. As a member of the Hongmeng Intelligent Travel "Five Realms," Zhang Guofu also mentioned the cooperation between BAIC New Energy and Huawei, stating that they have been learning from Huawei On May 31, at the 2025 Future Automotive Pioneer Conference, Zhang Guofu, Secretary of the Party Committee and Chairman of BAIC New Energy, stated that market competition should avoid low-end involution, and high-end breakthroughs are the correct direction; car manufacturing should return to its essence and create a trustworthy future. Zhang Guofu emphasized that market competition must adhere to the bottom line, cannot sacrifice quality, and requires calm reflection on the industry's ecological relationships. As a member of the Hongmeng Intelligent Travel "Five Realms," Zhang Guofu also mentioned the cooperation between BAIC New Energy and Huawei, stating that they have been learning from Huawei ### Related Stocks - [01958.HK - BAIC MOTOR](https://longbridge.com/en/quote/01958.HK.md) - [HUAWEI.NA - Huawei](https://longbridge.com/en/quote/HUAWEI.NA.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 达利欧万字长文:旧秩序已死,世界重回 “丛林法则”,贸易战和资本战将成常态 | 达利欧宣告世界进入 “大周期” 第六阶段:1945 年后的世界秩序已瓦解,强权即公理,大国冲突将回归原始权力博弈,贸易战、技术战、资本战将常态化并可能升级为军事冲突。慕尼黑安全会议共识印证这一判断:旧秩序已不复存在,欧洲安全架构失效。达利欧 | [Link](https://longbridge.com/en/news/276003775.md) | | 民主党阻止拨款法案通过 美国土安全部面临停摆 | 美国参议院民主党人投票阻止一项为国土安全部提供资金的拨款法案,导致该部门面临停摆。投票结果为 52 票赞成、47 票反对,未能达到推进法案所需的 60 票。停摆将影响多个关键机构,包括联邦紧急事务管理局和运输安全管理局。参议院共和党计划提出 | [Link](https://longbridge.com/en/news/275824701.md) | | 智驾巨头迎来新总裁 | 地平线公司宣布朱威正式担任新总裁,接替陈黎明。朱威曾是宁德时代乘用车业务执行总裁,他的加入被视为公司在智能汽车领域的重要战略调整。此次人事变动旨在增强公司的商业落地能力和生态资源整合能力,以应对智驾市场的变化和未来的量产目标。 | [Link](https://longbridge.com/en/news/275582628.md) | | 市场监管总局约谈阿里巴巴、抖音、百度、腾讯、京东、美团、淘宝闪购等平台企业 | 市场监管总局于 2 月 13 日约谈了阿里巴巴、抖音、百度、腾讯、京东、美团和淘宝闪购等平台企业,要求它们遵守相关法律法规,落实主体责任,规范促销行为,并杜绝 “内卷式” 竞争,以维护公平竞争市场环境,促进平台经济的创新与健康发展。 | [Link](https://longbridge.com/en/news/275975190.md) | | 1 月 70 城房价:一二三线城市环比降幅总体收窄、同比降幅继续扩大 | 一线城市二手房环比降幅改善,二、三线城市环比降幅也均收窄,但同比来看一二三线城市跌幅均扩大;新房方面,环比降幅收窄,同比跌幅扩大,一线城市同比下降 2.1%,其中上海逆势上涨 4.2%,但北京、广州和深圳分别下跌 2.4%、5.3% 和 4 | [Link](https://longbridge.com/en/news/275838853.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.