这次理想上架的L系列流媒体后视镜的主要特点为： 1.不涉及车辆外部设备改装合规上路，同样的车规级可靠性。 2.60度广角视野比普通内后视镜优秀。 这位群友明确认为很多改装用户实际体验下来会满意的，可以 解决用户开后排屏幕后无法观察车位的痛点，并且夜晚视野更清晰。 有预算额外买摄像头 模组，上嘉立创打板自己做。 中国国家法规中对于内部后视镜的要求驾驶员可以看到80米后20米宽的范 围假设后部有一个流媒体摄像头安装这个等效的摄像头的视角是30度。 3.对标24款MEGA,估计没有多少⼈体验过高亮清洗防眩､ 夜间夜视也超清晰 50Hz的刷新率对于高速的画面清晰流畅。 25款纯电和24款MEGA的最大区别就是60度广角升级为120度视野更宽。 关于200万像素 本身60度的流媒体后视镜已经比传统后视镜相比有碾压的⽤户体验了。 200万像素的摄像头传感器对应后视镜的显示器的像素是73万1920*384像素，考虑画面是长条状，截取画面的尺寸和显示的像素基本上可以映射。 简单说这个200万像素的摄像头像素是完全足够的，还多出很多像素得到的数据可以做环境光的感光计算以及画面质量的算法优化｡ 关于电子后视镜的清晰度 人眼到后视 ...

这是一位对理想非常有感情，品鉴能力学习能力都很强的读者。是那种对话两三句就可以知道很聪明的那种人。 以下为这位读者的视角： 这是一次理想的内部组织问题(部门墙隔阂、为各自绩效不合作)外溢到了车主身上的表现，是非常需要警醒的。兄弟阋于墙，外御其侮。(TOP2备注：兄 弟之间内部争吵分歧，但能团结起来对付外来的侵略) 作为官方出品并且做过问卷、预热的官方产品，大家对于理想品牌的精品路线的信任度被辜负了。 这个后视镜改装方式与第三方后装市场的产品没有任何区别，对线束的改装会导致保险的拒保风险也没有区别，甚至一些性能体验差于第三方顶级方 案。大家期待的是做到与后市场不同的方案，毕竟理想擅长整车智能空间融合起来一起设计产品。 拿一个第三方的东西，直接就换个名字卖，真的会被怀疑这三个月的预热和研发，重点解决了没有理想Logo包装盒的问题吗？ 用户对这个产品的期待是： 如果在后窗玻璃内: 整合进后窗饰板内，不要外露摄像头，没有拒保风险。 如果在车外尾部: 变更后高位刹车灯的零件，整合成与MEGA或i系列一致的体验。 曾经官方在推销MEGA和i系列的流媒体后视镜时，从摄像头分辨率、视场角、车机可控、放大缩小平移角度可调、抗眩 ...

Group 1 - Hema acknowledged issues with strawberry cakes sold, affecting approximately 60 units across 7 stores due to ingredient handling errors [2] - Wanda Group has a new enforcement order for over 1.7 billion yuan, with over 6.9 billion yuan in total enforcement amounts against the company [2] - The State Taxation Administration prohibits platform companies from shifting tax obligations to gig workers, ensuring they are not overcharged [3][9] Group 2 - PepsiCo plans to reduce its product variety in the U.S. market by nearly 20% by early next year, aiming to cut operational costs and enhance efficiency [5] - The price of three-valent flu vaccines has dropped to 5.5 yuan, attributed to intense competition and oversupply in the vaccine market [8] - Paramount has proposed a cash acquisition offer of $30 per share for Warner Bros. Discovery, valuing the company at $108.4 billion [7] Group 3 - Faraday Future's board approved a five-year plan to produce 400,000 to 500,000 vehicles, with the first batch of FX Super One vehicles set to roll off the production line [13] - The International Monetary Fund (IMF) has officially launched its Shanghai Regional Center to enhance cooperation with the Asia-Pacific region [12] - The U.S. government announced a $12 billion aid package for farmers affected by tariff policies, addressing the negative impact on agricultural markets [14]

Key Points - The top three stocks with net inflows are Yingfu Fund (02800) with 2.602 billion, Hang Seng China Enterprises (02828) with 486 million, and Leap Motor (09863) with 395 million [1] - The top three stocks with net outflows are Tencent Holdings (00700) with -1.352 billion, SMIC (00981) with -463 million, and Horizon Robotics-W (09660) with -264 million [1] - In terms of net inflow ratio, Qingdao Bank (03866) leads with 75.11%, followed by Jiangsu Ninghu Expressway (00177) with 58.50%, and Far East Horizon (03360) with 54.75% [1] - The top three stocks with the highest net outflow ratios are Wisdom Hong Kong 100 (02825) at -100.00%, Shanghai Petrochemical (00338) at -61.38%, and Zhengzhou Bank (06196) at -55.42% [1] Net Inflow Rankings - Yingfu Fund (02800) had a net inflow of 2.602 billion, representing a 20.03% increase, closing at 26.140 (+0.77%) [2] - Hang Seng China Enterprises (02828) saw a net inflow of 486 million, with a 6.23% increase, closing at 93.340 (+1.02%) [2] - Leap Motor (09863) recorded a net inflow of 395 million, with a 53.79% increase, closing at 52.450 (-1.04%) [2] Net Outflow Rankings - Tencent Holdings (00700) experienced a net outflow of -1.352 billion, with a -14.49% decrease, closing at 612.000 (+0.16%) [2] - SMIC (00981) had a net outflow of -463 million, with a -13.37% decrease, closing at 69.800 (+3.87%) [2] - Horizon Robotics-W (09660) faced a net outflow of -264 million, with a -14.42% decrease, closing at 8.290 (+6.97%) [2] Net Inflow Ratio Rankings - Qingdao Bank (03866) had a net inflow ratio of 75.11%, with a net inflow of 4.4567 million, closing at 4.020 (+0.25%) [3] - Jiangsu Ninghu Expressway (00177) had a net inflow ratio of 58.50%, with a net inflow of 1.9164 million, closing at 10.060 (-0.89%) [3] - Far East Horizon (03360) had a net inflow ratio of 54.75%, with a net inflow of 3.6805 million, closing at 8.020 (+1.39%) [3]

明天将结束北京线下交流，接触了不少观点，叠加这几天理想自身的新事也不算少，感觉还挺信息爆炸的。 这次北京线下交流中，正好遇到了两位曾长期接触过主流大厂公关的人。两位对理想公关有两种看法，一位认为理想必须得做好公关，不然让一个随机 用户家庭成员遇到大量黑舆情是很不合适的。一位认为理想公关有所进步当然是更好的，不过是次要矛盾，相对更差的公关更多只是一定程度的阻碍， 显著重要得多的是李想自身成长速度。认为杨继斌的加入是靠谱的。认为公关实际上更多是一号位真正重视的话，就是能做起来的。 TOP2挺认同何同学的一句话"文学天才常有，故事天才不常有"，公关这事更接近上面的文学，理想如何把产品做好，如何把组织这个产品做好更接近上 面的故事。 2025年12月8日 前字节跳动公关总监杨继斌朋友圈表示已加入理想。预期理想之后公关风格会变。 加微信，进群深度交流理想实际经营情况与长期基本面。不是技术群，不是车友群。 ...

大摩预期今年汽车批发销量2990万辆，同比升9%;明年为2850万辆，跌6%。若剔除出口，明年本土销量 减少7%。 摩根士丹利发表报告，指出电动车企未来10年或持续面对挑战，车企须自我革新以抓住人工智能(AI)带 来的机会。该行并调整多只汽车股的目标价，其中长城汽车（601633）(02333)获调高目标价23%至15港 元;理想汽车(02015)则被大削目标价约两成。 大摩表示，据中资车股最新季报显示，电动车企未来10年或持续面对挑战，在这个第二阶段中，车企须 自我革新，才能抓住AI带来的机会，并扩张全球。 报告提及，在地方补贴提前取消下，将抑制购车需求，车企普遍对本季取态谨慎，该行覆盖的车股中， 约半数料市场下滑。 该行调整多只汽车股的目标价，其中长汽的目标价由原来12.2港元上调至15港元，评级与大市同步;吉 利汽车(00175)目标价由24港元上调至25港元，评级增持;理想汽车评级为增持，目标价由124港元下调至 100港元。 报告提及，在汽车行业转型期间，该行更看好在AI、机器人、人形机器人技术等非汽车领域取得实质 进展的企业，包括小鹏汽车(09868)、禾赛及敏捷科技(00425)。 ...

该行调整多只汽车股的目标价，其中长汽的目标价由原来12.2港元上调至15港元，评级与大市同步;吉 利汽车(00175)目标价由24港元上调至25港元，评级增持;理想汽车评级为增持，目标价由124港元下调至 100港元。 报告提及，在汽车行业转型期间，该行更看好在AI、机器人、人形机器人技术等非汽车领域取得实质 进展的企业，包括小鹏汽车(09868)、禾赛及敏捷科技(00425)。 报告提及，在地方补贴提前取消下，将抑制购车需求，车企普遍对本季取态谨慎，该行覆盖的车股中， 约半数料市场下滑。 大摩预期今年汽车批发销量2990万辆，同比升9%;明年为2850万辆，跌6%。若剔除出口，明年本土销量 减少7%。 智通财经APP获悉，摩根士丹利发表报告，指出电动车企未来10年或持续面对挑战，车企须自我革新以 抓住人工智能(AI)带来的机会。该行并调整多只汽车股的目标价，其中长城汽车(02333)获调高目标价 23%至15港元;理想汽车(02015)则被大削目标价约两成。 大摩表示，据中资车股最新季报显示，电动车企未来10年或持续面对挑战，在这个第二阶段中，车企须 自我革新，才能抓住AI带来的机会，并扩张全球。 ...

新浪科技讯 12月8日晚间消息，据报道，原字节跳动公关总监杨继斌在朋友圈宣布，已于本月正式加盟 理想汽车，具体职位未知。截至发稿前，理想汽车暂无回应。 资料显示，杨继斌曾在南方日报、新京报、南方周末等媒体任职，于2016年加入今日头条；2024年9 月，从字节跳动公关部转任顾问角色，专注于战略咨询。 责任编辑：何俊熹 资料显示，杨继斌曾在南方日报、新京报、南方周末等媒体任职，于2016年加入今日头条；2024年9 月，从字节跳动公关部转任顾问角色，专注于战略咨询。 责任编辑：何俊熹 新浪科技讯 12月8日晚间消息，据报道，原字节跳动公关总监杨继斌在朋友圈宣布，已于本月正式加盟 理想汽车，具体职位未知。截至发稿前，理想汽车暂无回应。 ...

Summary of Key Points Core Viewpoint - The automotive industry in China is nearing the end of 2025, with various companies reporting their sales performance against annual targets, revealing a mix of successes and challenges across the sector. Group 1: Company Performance - China FAW Group achieved a cumulative sales of 2.995 million units from January to November, with a target completion rate of 86.81% against an annual goal of 3.45 million units, showing a year-on-year growth of 4.8% [3][4] - Changan Automobile reported cumulative sales of 2.658 million units, achieving 88.6% of its 3 million unit target, with a notable 54.66% year-on-year growth in its new energy vehicle sales [6] - SAIC Motor Corporation reached 4.108 million units in cumulative sales, completing 91.29% of its 4.5 million target, with a 16.4% year-on-year growth [8] - GAC Group's cumulative sales were 1.534 million units, achieving only 66.7% of its 2.3 million target, reflecting a 10.8% year-on-year decline [10] - BYD's cumulative sales stood at 4.182 million units, completing 90.9% of its revised target of 4.6 million units, with significant contributions from overseas markets [12] - Geely Automobile achieved 2.788 million units in sales, with a completion rate of 92.93%, reflecting a strong 42% year-on-year growth [14] - Chery Group's cumulative sales were 2.561 million units, with a year-on-year growth of 11.1%, aiming to exceed industry growth by 10-20 percentage points [16] - Li Auto reported 362,000 units sold, achieving only 56.56% of its 640,000 target, facing challenges in product cycles and market competition [18] - NIO's cumulative sales were 278,000 units, achieving 62.61% of its 444,000 target, with a year-on-year growth of 45.6% [20] - XPeng Motors exceeded its target with 392,000 units sold, achieving 103.1% of its goal [22][23] - Leap Motor surpassed its target with 536,000 units sold, achieving 107.2% of its goal [25] - Xiaomi's automotive division exceeded its target of 350,000 units, with expectations to surpass 400,000 units [27] - Lantu's cumulative sales were 134,000 units, achieving 67% of its 200,000 target, with a year-on-year growth of 82% [29] - Deep Blue reported a year-on-year growth of 45.7%, with a target of 360,000 units [31][32] - Arcfox aimed for significant growth, achieving 85.38% of its target with 136,600 units sold [34] Group 2: Industry Insights - The performance metrics of these companies reflect their strategic positioning in technology, market strategy, and organizational resilience, indicating a transition in the Chinese automotive industry from quantity accumulation to quality improvement [34]

Investment Rating - The report maintains a "Recommendation" rating for the media industry, expecting the industry index to outperform the benchmark index by over 5% in the next 3-6 months [2][40]. Core Views - The media sector is anticipated to experience a rebound, particularly in gaming and AI applications, with significant growth potential in these areas. The report emphasizes the importance of both sharpness and allocation in the current market environment [3][6]. - The gaming market is highlighted as entering a favorable valuation zone, with specific companies like Giant Network and Century Huatong recommended for investment [6][16]. - The film market is recovering, with the total box office reaching approximately 437.06 billion yuan, which is about 78% of the 2019 level, indicating a strong recovery trajectory [19][20]. Market Performance Review - The media sector index fell by 3.86% last week, underperforming the CSI 300 index, which rose by 1.28%, resulting in a relative underperformance of 5.14% [9][10]. - The total market capitalization of the media sector is approximately 19,595.28 billion yuan, with a circulating market value of 17,850.96 billion yuan [3]. Gaming Market Insights - Tencent's products dominate the iOS gaming market, with titles like "Peace Elite" and "Love and Deep Space" performing strongly [16]. - Upcoming game releases include "Rust" and "PUBG: BLACK BUDGET," which are expected to generate significant interest [18]. Film Market Overview - The film "Zootopia 2" has achieved a box office of nearly 23 billion yuan within six days, with projections suggesting it could help the total annual box office exceed 500 billion yuan [27]. - The total box office for the year has reached 437.06 billion yuan, with a recovery rate of approximately 78% compared to 2019 [19][22]. Important News and Company Announcements - The establishment of the first micro-short drama export base in Shanghai marks a significant development in the media industry [27]. - Tencent's Magic Cube Studio celebrated its 15th anniversary, announcing major updates for several IP titles, indicating ongoing innovation in the gaming sector [28].