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JD-SW 'National Good Car' No. 001 Special Edition Auction Woos 1,100+ Bidders with Highest Bid RMB25M+
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JD-SW (09618.HK) began the auction for the "National Good Car" No. 001 Special Edition today (22nd) at 2 PM, starting with a bid price of RMB1.

Within seconds, the bid reached RMB100,000; and within one minute, it busted above RMB800,000. By the 16th minute, it exceeded RMB10 million. In less than an hour, the auction attracted over 200,000 viewers and more than 1,100 bidders, with the highest bid beating RMB25 million.

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Previously, JD-SW had announced a partnership with GAC GROUP (02238.HK)(601238.SH) and CATL (03750.HK)(300750.SZ) to launch the "National Good Car". JD-SW focuses on user insights and sales channels, without directly participating in manufacturing.
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