2月24日，中国汽研涨5.28%，截至发稿，报20.35元/股，成交2.13亿元，换手率1.07%，总市值204.12亿 元。 资料显示，中国汽车工程研究院股份有限公司位于重庆市北部新区金渝大道9号，成立日期2001年1月11 日，上市日期2012年6月11日，公司主营业务涉及汽车技术服务和装备制造业务。主营业务收入构成 为：汽车技术服务业务89.80%，其中:整车及传统零部件开发和测评业务65.58%，其中:新能源及智能网 联汽车开发和测评业务16.21%，其中:测试装备业务8.01%，汽车燃气系统及关键零部件4.20%，专用汽 车改装与销售3.39%，轨道交通及专用汽车零部件2.62%。 从中国汽研十大流通股东角度 数据显示，南方基金旗下1只基金位居中国汽研十大流通股东。南方中证500ETF（510500）三季度减持 11.16万股，持有股数586.92万股，占流通股的比例为0.59%。根据测算，今日浮盈赚取约598.65万元。 南方中证500ETF（510500）基金经理为罗文杰。 截至发稿，罗文杰累计任职时间12年312天，现任基金资产总规模1713.58亿元，任职期间最佳基金回报 185.44%， ...

经济观察网 基于截至2026年2月16日的公开信息，中汽系统相关公司近期有以下值得关注的事件动态： 以上内容基于公开资料整理，不构成投资建议。 股票近期走势中国汽研（601965）：新法规周期带来的业务催化根据市场分析，中国汽研正处于新一轮 法规驱动周期的起点。三大强制性标准的推进预计将成为未来几年的关键影响因素： L2级自动驾驶强 标：预计在2026年年中发布，下半年可能开始贡献业绩，据分析单车检测价值量将有显著提升。 国七 排放标准：预计在2026年第一或第二季度发布征求意见稿，相关检测业务有望在2027年体现。 L3级自 动驾驶强标：预计在2026年第二季度发布征求意见稿，其业绩贡献可能体现在2028年。 行业政策与环境汽车行业正聚焦于智能驾驶技术升级与排放标准迭代，相关政策的落地进程将持续影响 产业链上的技术服务与检测公司。 股票近期走势中汽股份（301215）：近期市场表现与股东结构变化该公司近期未披露明确的未来重大事 件。最近一次受到市场关注是在2026年1月6日，当日股价出现较大幅度上涨。该波动主要与当时披露的 股东户数在2025年12月31日较半月前减少7.06%，显示筹码集中度提升，以及当时 ...

财经频道更多独家策划、专家专栏，免费查阅>> 专利摘要显示，本发明提供了一种后轮转向系统异响测试装置及测试方法，该装置包括定位台架和分别 设置于定位台架的两侧的两个负载单元，所述定位台架用于使后轮转向器固定，所述负载单元用于连接 后轮转向器的端部并施加负载；所述负载单元包括负载电机、受负载电机驱动的z向设置的输出轴和与 输出轴固定连接的负载连接块，所述负载连接块设置有偏离所述输出轴的轴线的负载连接部，所述负载 连接部在所述输出轴转动时沿x‑y平面绕所述输出轴移动。本发明针对后轮转向系统的结构和功能特 点，设计了与后轮转向器相匹配的负载单元，负载单元能够模拟后轮转向系统运行时的直线负载，并通 过控制系统实现同步运作和动态匹配，从而模拟后轮转向器的运作状况。 国家知识产权局信息显示，中国汽车工程研究院股份有限公司申请一项名为"一种后轮转向系统异响测 试装置及测试方法"的专利，公开号CN121521509A，申请日期为2025年11月。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 天眼查资料显示，中国汽车工程研究院股份有限公司，成立于2001年，位于重庆市，是一家以从 ...

Core Insights - The report emphasizes the strong growth potential in the testing services industry, particularly driven by emerging sectors such as commercial aerospace and new technologies [4][6] - The testing services sector is closely linked to macroeconomic growth, with a projected global market size of approximately 2.3 trillion RMB by 2024, reflecting a CAGR of about 6% from 2021 to 2024 [4][24] - In China, the testing services market is expected to reach around 487.6 billion RMB by 2024, with a CAGR of approximately 10.5% from 2015 to 2024, indicating a robust growth trajectory [5][24] Industry Overview - The testing, inspection, and certification (TIC) industry serves various sectors including consumer goods, industrial products, and pharmaceuticals, covering all stages from R&D to production and distribution [16][24] - The industry is characterized by a large market space and stable growth, with demand closely tied to macroeconomic trends and government regulations [20][24] - Emerging technologies such as AI, electric vehicles, and commercial aerospace are expected to create new testing demands, raising the entry barriers for new players [6][20] Company Performance - The report analyzes 19 listed companies in the testing services sector, highlighting their revenue and profit performance, with notable companies including Huace Testing, Guangdian Measurement, and Su Testing [2][11] - In the first three quarters of 2025, the testing services sector in China reported a revenue of 30.4 billion RMB, a decline of 7% year-on-year, but a growth of 3% when excluding companies heavily involved in medical testing [5][57] - Leading companies such as Huace Testing, Guangdian Measurement, and Su Testing demonstrated superior performance, with revenue growth rates of 7%, 12%, and 9% respectively, significantly outpacing the industry average [5][62] Market Dynamics - The testing services market is experiencing a structural shift, with a trend towards consolidation as larger firms gain market share and smaller firms face challenges [44][50] - The report notes that the majority of testing institutions in China are small and micro-sized, which limits their ability to withstand economic pressures [50][51] - Government policies are increasingly supporting the marketization and consolidation of testing institutions, aiming to enhance the overall quality and efficiency of the industry [51][53] Financial Metrics - The report indicates that the average gross margin for the testing services sector has improved, reaching 26.2% in the first three quarters of 2025, reflecting a recovery in profitability [63] - The accounts receivable turnover days have increased from 90 days in 2019 to 176 days in 2025, indicating a slowdown in cash flow and potential credit risks within the industry [67][68] - The report highlights that the proportion of accounts receivable in relation to revenue has risen to 50%, suggesting increasing challenges in managing receivables [71]

签约期间，各方共同回顾了前期合作成果，围绕行业前沿技术研究与应用、认证技术服务、海外测 试认证等重点方向深入交流，进一步创新合作模式、夯实合作基础，为赋能汽车全产业链高质量发展提 供有力支撑。 本次合作以优势互补、讲求实效、共同提高、实现共赢为原则，中国汽研将联合三方深化资源整合 与能力协同，聚焦汽车、摩托车产品认证与评价、检验检测、标准及技术法规服务等核心领域开展深度 合作，全面提升技术服务水平与行业支撑能力，助力汽车产业高质量发展与国际化布局。 2月10日，中国汽车工程研究院股份有限公司（中国汽研）与中国质量认证中心有限公司、上海机 动车检测认证技术研究中心有限公司、中检西部检测有限公司正式签署战略合作协议。中国汽研党委书 记、董事长周玉林，中国质量认证中心党委副书记、主任刘江，党委委员、副主任刘钢，上海汽检党委 书记、总经理沈剑平，中检西部总经理李宝基等出席签约仪式。 ...

内容概要：线控制动是新能源汽车能量回收、智能驾驶的核心底盘技术基础，更是实现制动域与智驾 域、动力域跨域协同的关键枢纽，下游车企针对线控制动系统的性能、安全及冗余设计，提出了远高于 传统制动系统的严苛要求，且随着高阶智驾的加速普及，进一步拔高了制动系统在动态响应、精准控 制、故障容错等维度的检测标准，直接推动检测装备从"基础性能检测"向"全工况、高精准、多协同"检 测升级，带来检测装备需求量价齐升，据统计，2024年我国线控制动系统检测装备行业市场规模达2.7 亿元，同比增长68.8%。 相关企业：杭州沃镭智能科技股份有限公司、卓越（苏州）自动化设备有限公司、博世汽车部件（苏 州）有限公司、是德科技（中国）有限公司、泰瑞达（上海）有限公司、苏州凌创电子系统有限公司 关键词：线控制动系统检测装备行业发展历程、线控制动系统检测装备行业产业链、线控制动系统检测 装备行业发展背景、线控制动系统检测装备市场规模、线控制动系统检测装备竞争格局、线控制动系统 检测装备发展趋势 一、概述 二、发展历程 相关上市企业：中国汽研（601965）、机器人（300024）、东方中科（002819） 我国线控制动系统检测装备行业的发展 ...

【广发汽车】中国汽研调研更新 当下仍有争议的点，若按照乐观预期，弹性更大。 a，"套娃车型"，因质量，高低等变化带来实际效果有区别，是否都需要强检； 软件每次OTA（以前月度频率OTA，现在季度频率OTA），都需要备案检测，只检测软件变化的部分，还是涉及 到的功能都需要重新检测。 1）25年智能化检测收入继续亮眼。 25年技术服务业务收入10%+增长，其中智能化6个亿同比+50%（若把电磁兼容等也考虑进去，有9个亿），国际 化2个亿，传统等基本维持稳定。 2）强标：L2强标预计26Q2正式稿，26H2开始进入业务放量期（提前半年过工信部目录）。 L2的强标领航辅助的检测约百万元，较原新车型强检约 【广发汽车】中国汽研调研更新 1）25年智能化检测收入继续亮眼。 25年技术服务业务收入10%+增长，其中智能化6个亿同比+50%（若把电磁兼容等也考虑进去，有9个亿），国际 化2个亿，传统等基本维持稳定。 2）强标：L2强标预计26Q2正式稿，26H2开始进入业务放量期（提前半年过工信部目录）。 L2的强标领航辅助的检测约百万元，较原新车型强检约200万元，扩容50%，后续L3/4带来扩容幅度更大。 当前处于历史估 ...

Core Viewpoint - China's automotive industry is set to achieve a milestone in 2026, maintaining its position as the world's largest producer and seller of vehicles for 17 consecutive years and the largest exporter for three years, marking a significant step towards becoming a strong automotive nation [1] Group 1: Industry Standards and Development - The National Market Supervision Administration is promoting the domestic verification and evaluation of testing instruments to enhance the technical strength and market competitiveness of domestic equipment [1] - Two new industry standards, RB/T245-2025 and RB/T246-2025, have been released to address the lack of a recognized verification and evaluation system for domestic testing equipment, aiming to break the market monopoly of foreign products [2][10] - The standards are expected to significantly reduce reliance on imported high-end testing equipment, thereby lowering supply chain risks and procurement costs [10] Group 2: Technical Specifications and Performance - RB/T245-2025 establishes a "four-dimensional" evaluation system for tire coupling road simulation testing machines, focusing on basic, performance, safety, and maintenance indicators, and introduces a domestic application level evaluation mechanism [4] - RB/T246-2025 includes a comprehensive evaluation system for road traffic flexible targets, addressing the need for standardized testing environments for intelligent connected vehicles [7][11] - The implementation of these standards is projected to reduce procurement costs of domestic tire coupling road simulation testing machines by 30% to 50% and maintenance cycles by over 40% [10] Group 3: Impact on the Automotive Industry - The new standards are part of a broader initiative to enhance the quality infrastructure of China's manufacturing sector and contribute to the stability of global supply chains [12] - The standards have been developed with reference to international best practices, ensuring scientific and advanced methodologies, which will facilitate the entry of domestic equipment into international markets [12] - The implementation of these standards is expected to enhance China's influence in global automotive standards, contributing to the country's automotive strength and innovation [12]

Core Viewpoint - The company has received approval to establish a quality inspection and testing center for drone systems in Chongqing, indicating a strategic move to enhance its capabilities in the growing drone industry [1] Group 1 - The company’s subsidiary, China Automotive Research (Chongqing) Robot Testing Technology Co., Ltd., has been approved to set up the inspection center [1] - The company will continue to monitor relevant policy directions and industry trends [1] - Specific matters will be disclosed through the company's official information releases [1]

本报告导读： 近一周，申万汽车指数相对持平，新能源整车指数上涨 2%，汽车零部件指数相对持 平，商用车指数相对持平。全新理想 L9 Livis 引领线控底盘新阶段。 投资要点： [Table_Invest] 评级： 增持 [Table_Report] 相关报告 股票研究 /[Table_Date] 2026.02.08 全新理想 L9 Livis 引领线控底盘新阶段 [Table_Industry] 汽车 汽车行业周报（2026/1/30-2026/2/6） | [姓名table_Authors] | 电话 | 邮箱 | 登记编号 | | --- | --- | --- | --- | | 刘一鸣(分析师) | 021-23154145 | liuyiming@gtht.com | S0880525040050 | | 张予名(研究助理) | 021-23154145 | zhangyuming@gtht.com | S0880125042241 | 股 票 研 究 行 业 跟 踪 报 告 证 券 研 究 报 告 请务必阅读正文之后的免责条款部分 汽车《AI 应用重要阵地，Robotaxi 还看中国》 202 ...