Group 1 - The sensor concept continues to strengthen, leading to significant stock price increases for companies such as Suoao Sensor, *ST Weir, Donghua Software, and Jusheng Electronics, which all hit the daily limit up [1] - Other companies like Chicheng Co., Riyi Electronics, Saiwei Electronics, Fola New Materials, Duan'an Environment, and Tongfu Microelectronics also experienced price increases [1]

编辑 杨娟娟 新京报贝壳财经讯 9月17日，均胜电子发布股票交易异常波动公告称，公司股票连续3个交易日内日收 盘价格涨幅偏离值累计达到20%，自2025年9月15日以来累计涨幅约为30.37%。公司关注到近期市场对 于机器人相关概念的关注度较高，经自查，目前公司机器人相关零部件业务尚处于前期起步阶段，营业 收入占比不到0.1%，不会对公司当期业绩产生重大影响。经公司自查，并书面问询公司控股股东、实 际控制人，截至公告披露日，不存在应披露而未披露的重大信息。 ...

Group 1 - The core viewpoint of the articles highlights the positive impact of the Federal Reserve's interest rate cuts on global capital risk appetite, leading to significant gains in the A-share technology sector, particularly in electronics, robotics, and smart vehicles [1] - The AI ETF (515070) saw a substantial increase of over 1.5% during trading, with a trading volume exceeding 150 million yuan, and has experienced two consecutive days of capital inflow totaling over 60 million yuan [1] - The global market for smart automotive components is projected to exceed 100 billion USD this year, with China expected to account for at least 50 billion USD, and by the end of the 14th Five-Year Plan, the market could reach over 200 billion USD globally, with China nearing or achieving 100 billion USD [1] Group 2 - The AI ETF (515070) tracks the CS Artificial Intelligence Theme Index (930713), focusing on companies that provide technology, foundational resources, and applications in the AI sector, often referred to as the "brain" of robots and the "ground" of the Internet of Things [2] - The top ten weighted stocks in the AI ETF include leading domestic technology firms such as Zhongji Xuchuang, Xinyi Sheng, Hanwha U, Zhongke Shuguang, Keda Xunfei, Haowei Group, Hikvision, Lanke Technology, Kingsoft, and Unisplendour [2]

此外，近日，工业和信息化部等八部门联合发布《汽车行业稳增长工作方案（2025—2026年）》。《方 案》提出，推动智能网联技术产业化应用。深入开展智能网联汽车"车路云一体化"应用试点，加快网联 基础设施和云控平台建设，鼓励汽车前装V2X、5G等高性能通信模块，加快推进北斗系统规模化应 用，促进物流、环卫、出行服务等多场景应用，鼓励重点地区逐步拓展跨区域协同应用。推进智能网联 汽车准入和上路通行试点，有条件批准L3级车型生产准入，推动道路交通安全、保险等法律法规完 善。支持汽车、信息通信、交通等行业企业以数据为纽带探索新型商业模式，加快多元化价值链培育。 消息面上，9月17日，工业和信息化部就《智能网联汽车 组合驾驶辅助系统安全要求》强制性国家标准 公开征求意见。该标准填补了我国组合驾驶辅助系统产品安全基线空白，将为行业准入、质量监督和事 后追溯提供关键技术依据。 方正证券指出，政策强调推进智能网联汽车准入和上路通行试点，有条件批准L3级车型生产准入，推 动道路交通安全、保险等法律法规完善。政策端对L3车型的松绑，叠加后续权责划分、智能网联汽车 参数等细则的出台，有望重塑汽车行业竞争逻辑，从单纯的价格战转向价值 ...

Core Insights - Junsheng Electronics announced a new order worth approximately 15 billion RMB for automotive "super brain" central computing units, marking a significant milestone in the company's smart driving initiatives [1][2] Group 1: New Orders and Clients - The new order involves two leading automotive manufacturers for global smart vehicle projects, indicating strong recognition of the company's capabilities in smart platform products [2] - This order is part of a broader trend, as Junsheng Electronics has secured at least 16 billion RMB in smart driving-related orders in the past six months, showcasing its growing role in the global smart driving sector [3] Group 2: Product Development and Market Adaptation - Junsheng Electronics has developed differentiated smart driving domain control products based on various chip platforms to cater to global market needs, demonstrating its global R&D and production capabilities [4] - The company launched the world's first smart auxiliary driving domain controller nDriveH based on Qualcomm Snapdragon Ride second-generation chip platform, featuring a processing power of 200 TOPS and supporting L2++ to L4 level intelligent driving functions [4] Group 3: Domestic Market Strategy - With the rise of the "smart driving equality" concept, domestic smart driving chip opportunities are increasing, and Junsheng Electronics has introduced solutions based on local chips [5] - The company has established a new ecosystem encompassing "domain control + smart driving algorithms + chips," positioning itself to capitalize on the growing market opportunities as smart driving penetration continues to rise [5]

Core Insights - In August 2025, the automotive production and sales reached 2.815 million and 2.857 million units respectively, with month-on-month growth of 8.7% and 10.1%, and year-on-year growth of 13% and 16.4% [2][3] - For the week of September 1-7, 2025, retail sales of passenger cars were 304,000 units, a year-on-year decrease of 10% and a month-on-month decrease of 4%, while wholesale sales were 307,000 units, a year-on-year decrease of 5% but a month-on-month increase of 9% [2][3] Weekly Market Performance - During the week of September 8-12, 2025, the CS automotive index rose by 0.21%, while the CS passenger vehicle index fell by 0.37%, and the CS commercial vehicle index decreased by 1.06% [2] - The CS automotive parts index increased by 0.72%, and the CS automotive sales and service index rose by 4.23%, while the electric vehicle index fell by 0.08% and the smart vehicle index increased by 1.36% [2] - The Shanghai Composite Index rose by 1.66% and the CSI 300 Index increased by 1.93%, indicating that the CS automotive index underperformed these indices by 1.72 percentage points and 1.45 percentage points respectively, with a year-to-date increase of 23.76% [2] Cost Tracking and Inventory - As of September 10, 2025, the prices of float glass, aluminum ingots, and zinc ingots changed year-on-year by -9.4%, +7.1%, and -5.2% respectively, and month-on-month by -6%, +0.5%, and -1.1% [3] - The inventory warning index for automotive dealers in August was 57.0%, showing a year-on-year increase of 0.8 percentage points and a month-on-month decrease of 0.2 percentage points [3] Market Focus - Key developments include partnerships in autonomous driving, such as Horizon Robotics collaborating with Hello to accelerate Robotaxi deployment, and the launch of new models like the all-new Wanjie M7, which saw over 100,000 pre-orders within an hour [3] - The Ministry of Industry and Information Technology and other departments issued a joint plan for stabilizing growth in the automotive industry for 2025-2026 [3] Investment Recommendations - In the medium to long term, the focus is on opportunities in incremental components driven by the rise of domestic brands and electric intelligence [4] - Recommended companies include Leap Motor, JAC Motors, and Geely for strong new product cycles, and companies like Kobot, Huayang Group, and Junsheng Electronics for smart technology [4]

9月17日，工业和信息化部就《智能网联汽车 组合驾驶辅助系统安全要求》强制性国家标准公开征求意 见。针对单车道、多车道、领航辅助等不同功能，意见稿设置了人机交互、功能安全和预期功能安全、 信息安全、数据记录等全方位安全技术要求，构建"三重安全保障"。 其中要求，辅助驾驶系统应具备手部脱离检测以及视线脱离检测能力，一旦系统激活期间驾驶员出现手 部脱离、视线脱离，系统应发出提示以及报警，并在驾驶员未及时响应系统报警的前提下可控地退出激 活状态。驾驶员如果多次出现手部、视线脱离，应在至少30分钟内禁止使用辅助驾驶系统。 工信部表示，征集意见截止时间为2025年11月15日。该标准与国际标准法规协调接轨，并紧密结合中国 复杂道路交通场景，充分考虑不同产品形态和技术路线，将填补我国组合驾驶辅助系统产品安全基线空 白，为行业准入、质量监督和事后追溯提供关键技术依据，有助于全面提升产品安全水平。 中国汽车流通协会专家委员会委员章弘对新京报贝壳财经记者表示，该强制性国家标准将有助于引导行 业健康发展，为行业管理提供技术支撑，规范车企营销行为，推动智能驾驶行业从"技术驱动"转向"标 准引领"，促进技术创新与安全并重。 手部脱离 ...

长荣股份(300195.SZ)：拟收购恩驰新能源100%股权并增资6000万元 【 回购 】 | | | 9月17日重要公告精选 | | --- | --- | --- | | 类型 | 公司 | 主要内容 | | 热点 | 时空科技 | 不涉及网约车业务 | | 项目投资 | 海峡环保 | 拟投资6060.59万元建设江苏泗阳二期污水处理项目提标改造 | | 合同中标 | 平治信息 | 预中标1.7亿元人工智能算力技术服务项目 | | 股权收购 | 长荣股份 | 拟收购恩驰新能源100%股权并增资6000万元 | | 回购 | 华培动力 | 拟斥资1000万元至2000万元回购股份 | | 经营数据 | 新华保险 | 前8个月累计原保险保费收入1580.86亿元,同比增长21% | | | 招商轮船 | 9300标准车位甲醇双燃料动力滚装船新船交付 | | 增减持 | 汉仪股份 | 控股股东及其一致行动人拟减持不超过3%股份 | | | 源 K定物 | 平阳晟飞、平阳晟雨、平阳晟进拟合计减持不超过3.4822%股份 | | | 圣龙股份 | 控股股东及一致行动人拟减持不超过3%股份 | | 其他 | 长华集 ...

均胜电子作为汽车电子领域领先企业，收入规模显著，2024 年营收预 计超 600 亿元，远超竞争对手三花智控和拓普集团，但盈利能力有待提 升，净利润率有望从 2-3%提升至 5%以上。 公司获得全球性汽车智能化项目定点，订单总额约 150 亿元，涉及智能 驾驶、智能网联等高盈利产品，将显著提升公司盈利水平，并巩固其在 汽车电子领域的领先地位。 均胜电子积极布局人形机器人领域，已与资源合作开发大小脑域控制器 等产品，虽当前收入占比不高，但凭借全球化布局和供应链优势，有望 成为北美大厂如特斯拉的重要供应商。 公司全球化布局优势显著，子公司遍布全球，有利于承接北美订单，满 足国际客户对质量、供应和交货周期的严格要求，并定位为汽车和机器 人一级供应商，重点突破关键零部件。 被动安全领域，均胜电子全球市占率 23%，位居第二，中国市场份额 24%，同样排名第二。随着法规加强和新能源车升级，单车价值量提升 空间大，中国市场盈利能力高于海外。 摘要 Q&A 今年以来，均胜电子的表现如何？其核心逻辑是什么？ 今年以来，均胜电子的表现非常出色。从 5 月 22 日发布深度报告至今，不到 四个月时间内，其股价涨幅达到 77%。我 ...

Group 1 - On September 17, Junsheng Electronics disclosed an increase in shareholding, with Junsheng Group acquiring 700,000 A-shares during the period of unusual stock fluctuations [1][2] - A total of 29 A-share listed companies announced share reductions, including notable firms such as Shuanglu Pharmaceutical, Xinruida, and Boyun New Materials [1][2] Group 2 - Shuanglu Pharmaceutical's board secretary plans to reduce holdings by no more than 0.0365% of the company's shares [2] - Xinruida's shareholder Dai Yongjian intends to reduce holdings by no more than 0.13% [2] - Boyun New Materials' shareholder Gao Chuangtou plans to reduce holdings by no more than 1% [2] - Other companies with planned reductions include Guanggang Gas, Hanyi Co., and Weilan Lithium, with reductions ranging from 0.16% to 3.48% [2]