Duan Yongping Deletes Comment Flagging 'Best Car Under RMB 10 Million' Ad Claim
Duan Yongping said the promotional claim that the AITO M9 is "the best car under RMB 10 million" violates China's advertising law, then deleted his comment. The phrase originated from Huawei executive Yu Chengdong, who used it at the SUV's launch in 2023. Both Duan's reply and the original post were subsequently removed.
Duan Yongping said the promotional claim "the best car under RMB 10 million" violates China's advertising law before deleting his comment. The reply was removed shortly after it was posted, with netizens' repost records showing "This content has been deleted by the author." The original poster also deleted the related question, and the latest post on the account dates to February 3.
The phrase "the best car under RMB 10 million" first came from Yu Chengdong, Huawei's executive director and chairman of its consumer business group, who described the AITO M9 as "the best SUV under RMB 10 million" at the vehicle's launch event in 2023.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is neutral for New Energy Vehicles, with intensity 0/100 and 30% confidence over a short term horizon.
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.