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In the latest issue of the Ministry of Industry and Information Technology declaration catalogue, "Automotive Industry concern" noted that the new red flag HS5 has appeared on the declaration catalogue. The new car is a medium-term modified model of the Red Flag HS5, which uses the latest design language of the Red Flag family in appearance and carries a 2.0T engine on the power, which is greatly adjusted compared to the current Red Flag HS5. According to the plan, the new car will be officially released this year. As a reference, the price range of the cash Red Flag HS5 is 18.38-249800 yuan.

In terms of appearance, the new car uses the latest design language of the Red Flag family, the front face is replaced with a larger straight waterfall intake grille design, the interior is embellished with chrome plated material, and the red flag LOGO logo is in the middle, with the popular split headlight group on both sides, daytime driving lights at the top and headlight group at the bottom, with high overall recognition. In the rear part, the new car taillight adopts a new penetrating style design, the interior is also embellished with LED light source, the middle is run through by a slender chrome-plated decorative strip, and the bilateral exhaust layout is adopted on the exhaust, which further highlights the movement flavor of the whole car.

On the side of the body, the new car basically continues the design style of the cash model, but the new car does not use a slip-back design, but uses a straight waistline design with a panoramic skylight on the roof. According to the declaration information, the new car offers two types of tires: 235ax 60 R18 and 255ax 45 R20.

In terms of size, the length, width and height of the new car are 4785/1905/1700mm, wheelbase is 2870mm, positioning medium-sized SUV. In terms of power, the new car is equipped with a 2.0-liter turbocharged engine with a maximum power of 185kW, which greatly improves the 20kW compared to the current model.

According to the official website, Hongqi's existing products include two major product systems: the car family and the SUV family, covering the mid-and high-end market of 15-700000 yuan. The SUV family are EHS3, HS5, HS7, LS5 and other models respectively, of which the HS5 model is the first brand-new medium-sized SUV launched by Hongqi, which was launched on May 26th, 2019, with a positioning of 18.38-249800 yuan, all equipped with 2.0T engines. This declaration picture shows the medium-term modified model of Hongqi HS5. According to the latest data on the number of new car compulsory insurance purchases, Hongqi HS5 sold 126500 vehicles from January to December in 2022, making it the highest selling model among Red Flag products, followed by Hongqi H5 with 82000 vehicles.

As a high-end car brand directly operated by FAW, FAW Red Flag also had a good sales performance earlier. according to Red Flag Wholesale sales data, Red Flag sales from 2018 to 2020 were 26665, 99331, 196684 and 299684 respectively. From the data, we can see that Red Flag sales are increasing year by year, and the growth rate is very fast, but after 2022, it is affected by the interruption of the epidemic supply chain and other factors. Red Flag sold 310000 vehicles in 2022, meeting only 77.5 per cent of its sales target of 400000. According to the speed of product promotion, Red Flag plans to release 13 new energy smart products by 2025, covering H, Q, S and L series, of which the production and sales of new energy smart products are more than 500000, and the overall sales of Red Flag brand are more than 1 million.

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