Core Insights - The article discusses the significant progress in L3-level autonomous driving in China, highlighting the issuance of special license plates for L3 vehicles and the approval of conditional access for specific models [1][2][5] Group 1: L3-Level Autonomous Driving Development - Beijing has issued the first special license plates for L3-level autonomous vehicles to three models from Beijing Automotive Group, marking a milestone in the commercialization of autonomous driving [1] - The Ministry of Industry and Information Technology has granted conditional access for the first L3-level models, including the BAIC Arcfox Alpha S and Changan Automobile's Deep Blue SL03, allowing them to operate in designated areas [1][5] - The development of L3-level vehicles has taken four years, including two years of preparation and two years of implementation, with active participation in the formulation of local regulations [5][6] Group 2: Safety Features and Regulations - The BAIC Arcfox Alpha S (L3 version) is equipped with 34 high-performance sensors, including three LiDARs, and features a dual-redundancy design to enhance safety during autonomous driving [2][6] - The L3-level license comes with restrictions, such as limited road segments and a maximum speed of 80 km/h, allowing autonomous driving only in single lanes without lane changes [2][3] - The transition from testing to licensing indicates that the L3-level vehicles are now ready for mass production and delivery, pending the establishment of relevant national regulations [3][4] Group 3: Future Prospects and Challenges - The L3-level is seen as a critical juncture in the evolution of autonomous driving, bridging the gap between L2 and higher levels of automation [6][7] - Future advancements in L3-level driving will require overcoming three core challenges: improving perception redundancy and long-tail scenario coverage, establishing unified accident liability standards, and enhancing traffic regulation infrastructure [7] - The company aims to focus on safety and algorithm development while expanding the testing and validation framework to support broader deployment of L3-level vehicles [7]

Market Overview - The commercial vehicle sector experienced a decline of 1.04% on December 23, with Jinlong Automobile leading the drop [1] - The Shanghai Composite Index closed at 3919.98, up 0.07%, while the Shenzhen Component Index closed at 13368.99, up 0.27% [1] Individual Stock Performance - Jinlong Automobile (600686) closed at 16.50, down 3.62% with a trading volume of 242,400 shares [1] - Ankai Bus (000868) closed at 4.90, down 2.78% with a trading volume of 144,600 shares [1] - Shuguang Co. (600303) closed at 3.28, down 2.67% with a trading volume of 175,300 shares [1] - China National Heavy Duty Truck Group (000951) closed at 16.82, down 1.64% with a trading volume of 141,900 shares [1] - Hanma Technology (600375) closed at 6.02, down 1.47% with a trading volume of 196,100 shares [1] - Dongfeng Motor (600006) closed at 7.18, down 1.37% with a trading volume of 153,800 shares [1] - FAW Jiefang (000800) closed at 6.80, down 1.16% with a trading volume of 124,200 shares [1] - Foton Motor (600166) closed at 2.91, down 1.02% with a trading volume of 1,333,100 shares [1] - Jiangling Motors (000550) closed at 18.55, down 0.80% with a trading volume of 16,600 shares [1] - JAC Motors (600418) closed at 47.69, down 0.79% with a trading volume of 345,000 shares [1] Fund Flow Analysis - The commercial vehicle sector saw a net outflow of 316 million yuan from main funds, while retail investors contributed a net inflow of 279 million yuan [1] - Among individual stocks, Ankai Bus had a main fund net inflow of 5.08 million yuan, while Jinlong Automobile experienced a net outflow of 12.92 million yuan [2] - Shuguang Co. had a main fund net inflow of 3.65 million yuan, while Hanma Technology saw a net outflow of 1.91 million yuan [2] - Jiangling Motors had a net outflow of 2.93 million yuan from main funds, but a net inflow of 3.57 million yuan from retail investors [2]

目前"有条件的自动驾驶"功能仅限在北京市京台高速(大兴区旧宫新桥一机场北线高速)、机场北线高速 (大渠南桥一大兴机场高速)及大兴机场高速(南六环一机场北线高速)路段开启。在其他道路或区域，该 功能将被系统强制关闭。 此前，北京公安交管部门会同公安部交管局、道研中心对北汽极狐开展仿真测试、封闭道路测试、实际 道路测试、安全评估、应急演练、号牌核发、安全员备案等全流程工作进行指导，助力北汽完成L3试 点道路通行规定测试并正式获国家首批L3自动驾驶汽车准入产品公告。 新京报讯 据@北京交警 微博消息，12月23日（今天），北京市首批L3级高速公路自动驾驶车辆专用号 牌由北京市公安局交通管理局正式发放给北京出行汽车服务有限公司名下的三辆北汽极狐智能网联汽 车，这也是国内首批发放的L3级高速公路自动驾驶车辆专用号牌。这标志着我国自动驾驶车辆已由测 试示范进展到正式量产，率先开启L3级自动驾驶时代，成为汽车智能化进程中的里程碑事件。 下一步，北京公安交管部门将不断加强对智能网联汽车的使用管理，并联合市经信局、市交通委、市双 智办深入落实北京市智能网联汽车产业发展规划，为自动驾驶规模化应用打造可复制的"北京样本"。 交管部 ...

Group 1 - In November 2025, the retail sales of new energy commercial vehicles reached 92,100 units, representing a year-on-year increase of 45.54% and a month-on-month increase of 15.46% [2][1] - 96.66% of the sales were from pure electric commercial vehicles, totaling 89,000 units, which is a year-on-year increase of 45.98% [2] - The top five companies/brands accounted for 33.76% of the total sales, including Geely, Foton, XCMG, FAW Jiefang, and SAIC Wuling [4] Group 2 - From January to November 2025, the cumulative retail sales of new energy commercial vehicles reached 769,200 units, with a year-on-year growth of 54.31% [8] - 96.63% of the cumulative sales were from pure electric commercial vehicles, amounting to 743,200 units, which is a year-on-year increase of 55.14% [8] - The cumulative sales of new energy trucks were 475,400 units, accounting for 61.81% of total sales, with a year-on-year growth of 88.47% [10] - The cumulative sales of new energy buses were 293,700 units, representing 38.19% of total sales, with a year-on-year increase of 19.31% [10] - The top five companies/brands accounted for 36.84% of the cumulative sales, including Geely, Foton, SAIC Wuling, XCMG, and Shaanxi Automobile [13]

Core Viewpoint - The article discusses the recent board resolutions of Beiqi Foton Motor Co., Ltd., including the election of key members to various committees and the appointment of a new chairman [1][2]. Group 1: Board Elections - Chang Rui has been elected as the chairman of the 10th Board of Directors of Beiqi Foton Motor Co., Ltd. [2] - The Investment Management Committee has elected the following members: Chang Rui, Wu Xibin, Wu Ji, Wang Xuequan, and Ye Shengji [4]. - The Compensation and Assessment Committee has elected Li Ya, Ye Shengji, and Liu Tingli as members [4][6]. Group 2: Committee Leadership - Chang Rui has been appointed as the chairman of the Investment Management Committee [5]. - Li Ya has been elected as the chairman of the Compensation and Assessment Committee [5]. - Liu Tingli has been appointed as the chairman of the Audit/Internal Control Committee [5]. - Li Wei Qing has been elected as the chairman of the Nomination Committee [5]. Group 3: Sustainable Development Committee - The Sustainable Development Committee is composed of the aforementioned members along with Chang Rui serving as the director [5].

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 一、董事会会议召开情况 2025年12月12日，公司以电子邮件和专人送达的方式，向全体董事发出了《关于召开临时董事会的通 知》及《关于选举常瑞同志为公司董事长的议案》和《关于选举董事会各专门委委员的议案》，本次会 议以通讯表决的方式召开，应出席董事11名，实际出席董事11名。会议的召集召开符合《公司法》和 《公司章程》的规定。 二、董事会会议审议情况 （二）《关于选举董事会各专门委委员的议案》 决议如下： 1、关于选举投资管理委员会成员： 截至2025年12月22日，共收到有效表决票11张。董事会以11票同意,0票反对，0票弃权，审议通过了下 列议案： （一）《关于选举常瑞同志为公司董事长的议案》 决议如下： 选举常瑞同志为北汽福田汽车股份有限公司第十届董事会董事长。 （1）选举常瑞董事为投资管理委员会委员； （2）选举武锡斌董事为投资管理委员会委员； （3）选举吴骥董事为投资管理委员会委员； （4）选举王学权董事为投资管理委员会委员； （5）选举叶盛基独立董事为投资管理委员会委 ...

2025年11月份，我国新能源重卡整体销量再创新高，同比继续交出翻倍增长的成绩单。 作为当前新能源重卡领域的"小众"赛道，混合动力重卡在11月份跑输新能源重卡市场"大 盘"。请看第一商用车网的分析报道。 混合动力重卡：11月销量同比增长31%，远程继续蝉联 11月份，混合动力重卡实销119辆，同比增长31%，在2025年1-11月收获"11连增" 。 11月份，混合动力重卡市场有9家企业实现销售，远程以68辆蝉联月榜销冠；福田、创维 分别销售11辆和10辆，排名2、3位，其他企业销量均未达到两位数。 | 混合动力重卡品牌 /行业总计 | 2025年累计 | 同期累计 | 同比增长 | 2025年份额 | 同期份额 | 份额增减 | | --- | --- | --- | --- | --- | --- | --- | | | 990 | 428 | 131% | 100% | JOO% | | | 远程新能源商用车 | eet | 227 | Jaly | 66.77% | 53.04% | +13.73% | | 福田汽车 | JOE | J a | 453% | 10.61% | 4.44% | +6.1 ...

证券代码：600166 证券简称：福田汽车 编号：临 2025—099 北汽福田汽车股份有限公司 董事会决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的 真实性、准确性和完整性承担法律责任。 一、董事会会议召开情况 2025 年 12 月 12 日，公司以电子邮件和专人送达的方式，向全体董事发出了《关于召开临时董 事会的通知》及《关于选举常瑞同志为公司董事长的议案》和《关于选举董事会各专门委委员的议案》， 本次会议以通讯表决的方式召开，应出席董事 11 名，实际出席董事 11 名。会议的召集召开符合《公 司法》和《公司章程》的规定。 二、董事会会议审议情况 截至 2025 年 12 月 22 日，共收到有效表决票 11 张。董事会以 11 票同意,0 票反对，0 票弃权， 审议通过了下列议案： （一）《关于选举常瑞同志为公司董事长的议案》 决议如下： 决议如下： 2、关于选举薪酬与考核委员会成员： 1、关于选举投资管理委员会成员： （1）选举常瑞董事为投资管理委员会委员； （2）选举武锡斌董事为投资管理委员会委员； （3）选举吴骥董事为投资管理委员会委员； ...

Core Viewpoint - The company has successfully commercialized its combination auxiliary intelligent driving products and has gained operational experience in pilot demonstrations for its intelligent driving products [1] Group 1: Product Development - The company has achieved self-research, autonomy, and self-control in the field of combination auxiliary intelligent driving [1] - The intelligent driving heavy-duty truck's electronic control chassis has been independently developed by the company [1] - The company plans to achieve comprehensive self-research and self-control in the future [1]

Core Insights - The automotive industry is at a pivotal point of technological revolution and industrial transformation, with smart technology and new energy as core development directions [1] - BAIC Group is actively playing a leading role in the industry, recently hosting the Innovation Investment Ecological Forum and the BAIC Industrial Investment Ecological Partner Conference in Beijing [1] - The forum aimed to build a high-end platform for technology exchange, capital connection, and cooperative win-win, focusing on cultivating new productive forces and the intelligent and green transformation of the automotive industry [1] Group 1 - BAIC Group's Vice General Manager Liu Yu emphasized the mission of BAIC Investment to link technology for both independent and joint ventures, aiming to occupy a significant position in the technological dimension [2] - The company plans to use capital as a link to connect innovation sources, validate technological value in the market, and cultivate the future of the industry with ecological partners [2] - The forum highlighted the importance of building a science and technology investment ecosystem, analyzing the current situation from three dimensions: adapting to changes in the times, capital, and industry [2] Group 2 - A special seminar titled "AI Large Models · New Intelligence Drive" was held concurrently, with nearly 20 representatives from ecological enterprises discussing the application of AI in the automotive industry [3] - Keynote speakers provided insights into the development logic of the automotive industry, including global economic trends and the opportunities presented by green AI [3] - BAIC Group's various business leaders shared recent developments, including strategic layouts in core technology research and product innovation [3] Group 3 - The successful hosting of the conference not only consolidated the consensus on industrial innovation but also marked an important gathering of the science and technology ecosystem [4] - BAIC Group will continue to adhere to the concept of win-win cooperation, deepening collaboration with ecological partners to contribute to the high-quality development of the automotive industry [4]