长城汽车近日首次向外界系统性开放硬核试验室集群，展示其从极端环境模拟到智能交互验证的研发体 系。据介绍，长城汽车的试验室体系旨在将"体验""安全"等传统主观指标，转化为可测量、可优化的工 程参数，在市场竞争中构建差异化的体系能力。 极限环境验证：模拟全球路况与气候 据介绍，长城汽车将大量资源投入到模拟极端环境的试验能力建设上。 其自建的高海拔模拟实验室，可模拟海拔0至5000米、温度-30℃至45℃的环境。实验室通过模拟高原低 压、低氧和低温条件，对发动机与三电系统进行精准标定，以解决车辆在高原地区的性能衰减问题。 环境风洞试验室则用于模拟高温高湿、强日照辐射等全球典型气候，并对电池热管理、空调制冷等系统 进行极限耐久测试。该风洞还具备降雨、降雪模拟功能，可与实车道路测试结合，验证整车及三电系统 在复合极端环境下的可靠性与电气安全。 据悉，其智能交互体验实验室累计投入超1200万元，具备VR虚拟交互体验、HMI原型台架测试及实车 模拟驾驶等能力。通过整合Tobii眼动仪、脑电仪等设备，实验室可以采集驾驶员的注意力分布、生理 反应等客观数据，为优化交互逻辑与界面设计提供依据。 NVH（噪声、振动与声振粗糙度）实 ...

Group 1 - Spot gold reached $5050 per ounce, with a daily increase of 0.54% [1] - Spot silver saw a daily increase of 1%, reaching $81.54 per ounce [1] - The gains for both gold and silver narrowed later in the day [1] Group 2 - MSCI announced its quarterly index adjustments effective after the market close on February 27, 2026 [1] - Notable additions to the MSCI China Index include 37 stocks such as Liou Co., Silver Holdings, Anji Technology, and Pony.ai [1] - The index will remove 16 stocks, including Fosun International, Great Wall Motors, and Vanke Enterprises [1]

Key Points - The article discusses various recent developments in the tech and automotive industries, highlighting significant company announcements and performance metrics [2][3][4][5][6][7][8][9][10][11][12][14][15][16][17][18][19][20][21][22][24][25][26][27][29][30][31][32][33][34][35][36][37][39][40][41][43][44][45][47][48][49][51][52][53] Group 1: AI Developments - Gemini 3 outperformed other AI models in answering a simple question about washing a car, showcasing the varying capabilities of AI in understanding context [4][5] - Baidu's Wenxin Assistant saw a fourfold increase in monthly active users, with AI-generated image and video functionalities experiencing significant growth [14][15] - The launch of Seedream 5.0 by ByteDance introduced advanced image generation capabilities, enhancing user experience in various applications [17][18] Group 2: Company Announcements - MiHoYo terminated its partnership with Shanghai Huiye Law Firm due to conflicts of interest, impacting its legal strategy [6][7] - Long-term bonuses at a major northern factory are expected to exceed 4 billion yuan, indicating strong financial performance [8][9] - NIO aims for annual profitability by 2026, with significant sales growth reported in 2025 [19][20] Group 3: Automotive Industry Insights - Toyota reported a profit of 17,000 yuan per vehicle sold, despite facing challenges in North America and Asia [44][45] - Xiaomi announced the end of production for the first-generation SU7, with nearly 370,000 units produced, while preparing for the next generation [21][22] - The automotive brand AITO, under Huawei, aims to integrate AI capabilities into its vehicles, achieving significant sales growth [36][37] Group 4: Semiconductor and Technology Partnerships - MediaTek's Dimensity series will be manufactured by Intel, marking a significant collaboration in the semiconductor industry [51][52] - The launch of the TileLang-MUSA project by Moore Threads aims to lower development barriers for domestic GPU performance [24][25] Group 5: E-commerce and Training Initiatives - New Oriental plans to establish an e-commerce training school to enhance the skills of online sellers and streamers [39] - Various e-commerce platforms announced adjustments to delivery fees during the Spring Festival, reflecting operational challenges [34][35]

Core Viewpoint - Great Wall Motors (601633) emphasizes its commitment to providing high-quality products and services globally, adhering to a long-term development philosophy and focusing on precise and efficient research and development, continuous technological innovation, and brand enhancement [1] Group 1: Product Strategy - The company will not abandon the sedan category and plans to target specific market segments with product offerings [1] - Great Wall Motors aims to create standout products within the sedan category, prioritizing segments with larger market capacity and significant growth potential in the luxury market for new energy products [1] Group 2: Innovation and Supply Chain - The company is focused on building a comprehensive intelligent product system that covers all scenarios, power types, and categories, alongside a mutually beneficial supply chain system [1]

证券日报网讯2月10日，长城汽车（601633）在互动平台回答投资者提问时表示，长城汽车非常重视投 资者的利益，致力于通过科学、稳健的市值管理策略与可持续的股东回报机制，支持汽车产业健康、良 性发展。同时，长城汽车更致力于坚守品质红线，打造高品质产品，持续提升核心竞争力，力求为股东 创造更大价值。长城汽车秉承公开、平正、公正透明的企业文化理念，面向全球用户，坚守造车初心， 让良心造车回归本质，让诚信造车回归本质，让核心技术引领造车回归本质，让科技实现平权。在市值 管理方面，公司通过业绩说明会、股东大会、路演等多种形式，将公司的技术突破、全球化布局与生态 合作等内容，清晰转化为资本市场的价值语言，持续引导长期投资预期。同时，公司通过精细化投资者 关系管理、规划股权激励与股东回报等政策，有效优化股东结构、绑定核心人才并强化股东信任。此 外，公司通过专业化的舆情监测与市值分析，及时应对市场波动，致力于维护公司价值的合理与稳定。 针对短期股价波动，公司希望投资者客观、理性看待。 ...

在新能源汽车渗透率持续攀升、智能化竞争加速演进的当下，汽车测试已不再是传统意义上的性能验证环节，而是成为贯穿研发、生产、应用全生命周期 的"质量生命线"与"创新催化剂"。 随着汽车产业从"机械制造"向"智能移动空间"加速转型，一场围绕汽车试验场的"军备竞赛"正在中国车企间悄然展开。 近日，长城汽车首次开放全新试验室探访，对外披露了重金投入建成的智能交互试验室、环境风洞试验室等一系列汽车测试设施。 其中，智能交互试验室是长城试验体系新建设的亮点之一。该试验室于2021年启动，2022年正式投用，总投资超过1200万元。 智能交互试验室 具备VR交互体验、HMI原型台架体验、实车模拟驾驶及人因客观评价等全链路验证能力，可以进行VR虚拟驾驶体验、车机界面原型测试、实车模拟体验 等，主要用于汽车智能交互体验的提前测试与优化。 通过虚拟仿真技术，在投入实车制造前，长城便可以通过该试验室，提前对智能座舱、多模交互、场景化服务等功能进行高还原度的测试，降低了相关功能 在实车阶段的试错成本。 负责该试验室建设的工程师告诉36氪，试验室台架中，车机部分采用自研H5框架，3个工作日即可生成新功能界面。"车机团队开发完新页面就可以 ...

Core Viewpoint - Great Wall Motors (601633) is showcasing its advancements in cold weather driving technology and user service through the Ice and Snow Joy Week event in Harbin, emphasizing its commitment to regional culture and practical applications in extreme conditions [1] Group 1: Event Highlights - The Ice and Snow Joy Week event features deep interactions between Chairman Wei Jianjun and car owners from various regions, including live connections with owners in Altay, Hulunbuir, and Jilin City to discuss vehicle performance in extreme cold scenarios [1] - The Hi4 technology system of Great Wall Motors has successfully completed practical verification in cold environments, providing safety support for various ice and snow travel scenarios through intelligent four-wheel drive, torque distribution, and power diversion designs [1] Group 2: Community Engagement - Chairman Wei Jianjun announced the establishment of a rescue fund to provide support for car owners in need during emergencies [1] - Before the Spring Festival, Great Wall Motors plans to set up highway service stations in over 20 major transportation hub cities across the country, offering warm drinks and emergency tools to all brand car owners [1]

Investment Rating - The report maintains a positive outlook on the automotive sector, highlighting the potential for growth driven by technological advancements and market dynamics [2]. Core Insights - The report emphasizes the importance of new vehicle announcements and the upcoming Q1-Q2 product cycles, particularly for companies like Li Auto, Xpeng, BYD, Great Wall Motors, and others, driven by enhanced product capabilities due to new technologies [2]. - Tesla's AI transformation is noted as a significant market expectation, with a focus on the valuation flexibility within the robotics supply chain [2]. - The report identifies smart technology as a key growth area for the year, with expectations for Full Self-Driving (FSD) technology to gain traction in China, benefiting companies like Desay SV, Jingwei Hirain, and others [2]. - Domestic cost pressures are acknowledged, leading to a cautious stance on annual profit forecasts, while overseas export opportunities for companies like BYD and Geely are viewed positively [2]. Industry Updates - According to the China Passenger Car Association, the average daily retail sales of passenger cars in the first week of January were 50,000 units, representing a 22% year-on-year decline and a 31% month-on-month decline [2]. - Recent weeks have seen a decrease in traditional and new energy raw material price indices, with traditional vehicle raw material prices down by 2.8% week-on-week and 1.0% month-on-month, and new energy vehicle raw material prices down by 6.7% week-on-week and 2.7% month-on-month [2]. - The total transaction value in the automotive sector for the week was 530.697 billion yuan, a 22.58% decrease from the previous week, while the automotive industry index rose by 0.32% [2][11]. Market Situation - The automotive industry index closed at 8023.01 points, outperforming the Shanghai Composite Index, which fell by 1.33% [11]. - A total of 141 automotive stocks rose, while 127 fell, with the largest gainers being Kailong High-Tech, Xingmin Zhitong, and Yinlun, which saw increases of 72.8%, 21.3%, and 17.1% respectively [16]. - Key events included the release of the 404th batch of new vehicle approvals by the Ministry of Industry and Information Technology, which included several notable models from various manufacturers [3][4]. Investment Analysis - The report suggests focusing on companies that are leveraging AI and smart technology, particularly new entrants like Xpeng and NIO, as well as established players with overseas business support like BYD and Geely [2]. - It highlights the potential for significant changes driven by state-owned enterprise reforms, with attention on SAIC and Dongfeng [2]. - In the components sector, companies involved in robotics and data center cooling are expected to transition from thematic investments to industry trends, with a focus on firms with strong performance and valuation potential [2].

Group 1 - The core viewpoint of the news is that the Hong Kong automotive stocks experienced a collective rise, driven by positive signals from the Ministry of Commerce regarding future automotive consumption policies [1] - The Ministry of Commerce held a meeting to discuss automotive circulation and consumption, indicating a commitment to support and reform the automotive sector by 2026 [1] - Analysts interpret the signals from the meeting as a positive indication for automotive consumption support policies, providing a clear expectation for industry stabilization and structural growth direction [1] Group 2 - BYD shares rose approximately 4% to a latest price of 96.950, while Chery Automobile increased by over 2% to 28.620 [2] - Other automotive companies also saw gains, including Li Auto (1.39% increase), Leap Motor (1.41% increase), NIO (1.29% increase), and Geely (1.15% increase) [2] - The overall positive trend in the automotive sector reflects investor confidence in the upcoming policy changes and market support initiatives [1][2]

Group 1 - The core viewpoint of the news is that Hong Kong automotive stocks have collectively risen, with significant gains observed in companies like BYD, Chery, and others, following a meeting held by the Ministry of Commerce regarding automotive consumption policies for 2026 [1] - The Ministry of Commerce plans to implement a series of measures to boost automotive consumption, including optimizing the vehicle trade-in program and conducting pilot reforms in automotive circulation [1] - Analysts interpret the signals from the Ministry's meeting as positive, viewing it as a "starting gun" for supportive automotive consumption policies in 2026, which provides a clear expectation for industry support and structural growth direction [1] Group 2 - BYD shares rose approximately 4% to a latest price of 96.950, while Chery Automotive increased by over 2% to 28.620 [2] - Other automotive companies also saw gains, with Li Auto up 1.39%, Leap Motor up 1.41%, NIO up 1.29%, and Geely up 1.15% [2] - The overall positive sentiment in the automotive sector is reflected in the stock performance of various companies, indicating investor confidence in future growth driven by government policies [1][2]