Core Viewpoint - Siwei Tuxin (002405) has successfully commercialized multiple satellite navigation and positioning system applications through its affiliate, Liufen Technology, which includes providing real-time high-precision location information for shared bicycles like Didi Qingju [1] Group 1: Commercial Applications - Liufen Technology has implemented high-precision positioning services for shared bicycles, passenger vehicles, consumer and professional positioning devices, and low-speed unmanned vehicles [1] - The company offers a P+V solution that combines high-precision positioning services with environmental perception [1] - Additionally, it has developed a "embodied intelligent brain - spatial X" motion capability solution [1]

Group 1 - The company announced a cash subscription of 250 million yuan for C+ class preferred shares issued by PhiGent Robotics Limited, and plans to inject 100% equity of its wholly-owned subsidiary, Siwei Tuxin Intelligent Driving (Beijing) Technology Co., Ltd., into Beijing Jianzhitech Co., Ltd. in exchange for common shares of Jianzhik Cayman [1] - By December 9, 2025, the company completed the necessary overseas investment filing procedures with relevant authorities in Beijing for the investment in Jianzhik Cayman [3] - The company, through its Hong Kong subsidiary, has completed the cash capital increase and now holds 138,423,368 shares of C+ class preferred shares in Jianzhik Cayman, while also becoming the largest shareholder with a 39.14% stake, although it is not a controlling shareholder [3]

Group 1 - The company, Siwei Tuxin, aims to focus on the automotive intelligence sector over the next three years, striving to become a leading Tier 1 player in the industry [2] - The company will also provide chips, positioning, and data products to embodied intelligence enterprises, maintaining industry tracking and engagement [2]

Core Viewpoint - Four-dimensional Map (002405) has officially announced its acquisition of a 39.14% stake in JianZhi Robotics, becoming its largest shareholder, marking a significant investment in the intelligent driving industry [1] Group 1: Investment Details - The investment transaction includes the signing of all relevant documents such as the Stock Purchase Warrant Agreement, Share Transfer Agreement, and Loan Agreement [1] - A loan of 250 million yuan has been paid to Beijing JianZhi as of November 28 [1] - The key overseas investment filing (ODI filing) received approval from relevant authorities on December 9 [1]

对行业而言,这一步意味着四维图新不再仅仅是传统地图与软件供应商,而是着力构建"从高精地图、车联 网到中高阶自动驾驶软件+硬件+系统集成"的全链条能力—在智能驾驶产业加速整合、对整车厂要求降 低供应链复杂度的背景下,这样的整合与重构,有望提高其在未来自动驾驶市场的竞争力与议价能力。 简而言之,这笔战略投资为四维图新带来了"短期利润修复 + 长期战略转型双重利好",如果鉴智平台后续 顺利交付双方已获得的超过500万套新增量产定点合同,加之整合效果兑现,预计四维图新有望在未来掀开 新一轮估值与业务增长周期。 从财务角度来看,资产注入与股权置换将令公司合并报表范围发生变化,预计处置图新智驾股权产生的投 资收益约为15亿元人民币,为公司盈利与现金流带来即时改善。 2025年12月10日晚间,四维图新(SZ002405)发布公告称,通过"2.5亿元现金增资+ 15.5 亿元资产注入"的方 式,已获得鉴智开曼公司39.14%股份,并成为其第一大股东(但不构成控股)。此次资产注入为其全资子公 司 四维图新智驾(北京)科技有限公司(图新智驾)100%股权。 根据公告内容,可以推导出此次交易标志着鉴智开曼将成为四维图新旗下的的核 ...

证券代码：002405 证券简称：四维图新 公告编号：2025-083 北京四维图新科技股份有限公司 关于对外投资及财务资助关联交易完成的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、本次交易概述 北京四维图新科技股份有限公司（以下简称"公司"或"四维图新"）分 别于2025年9月28日、2025年10月15日召开第六届董事会第十二次会议和2025年 第三次临时股东大会，审议通过《关于对外投资及财务资助的关联交易议案》， 同意公司以2.5亿元人民币认购PhiGent Robotics Limited（以下简称"鉴智开曼"） 发行的138,423,368股C+类优先股（以下简称"现金增资"），并通过向鉴智开 曼间接全资子公司北京鉴智科技有限公司（以下简称"北京鉴智"）转让公司 所持四维图新智驾（北京）科技有限公司（以下简称"图新智驾"）100%股权， 以认购鉴智开曼发行的1,092,383,785股普通股（以下简称"资产注入"，与"现 金增资"合称为"本次投资"）。 本次投资完成后，公司将合计持有鉴智开曼39.14%股份，成为鉴智开曼第 一大股东，但 ...

四维图新公告，公司已完成以2.5亿元人民币认购PhiGent Robotics Limited发行的1.38亿股C+类优先股， 并通过转让所持四维图新智驾（北京）科技有限公司100%股权认购鉴智开曼发行的10.92亿股普通股。 本次投资完成后，公司将合计持有鉴智开曼39.14%股份，成为其第一大股东。此外，公司已向北京鉴 智提供2.5亿元人民币借款，并获得鉴智开曼签发的购股权证。境外投资备案手续已办理完成，相关协 议已签署，购股权证已签发，财务资助已提供，交割已完成。 ...

（文/罗叶馨梅）12月9日，四维图新（002405.SZ）在投资者互动平台就高端智能驾驶解决方案PhiGO Max回应投资者提问时表示，该 端到端全域城区领航方案目前已获得头部新能源车企的量产定点。公司称，该方案主要面向高端智能驾驶市场，重点服务于城区导航 辅助驾驶等应用场景。 四维图新介绍，PhiGO Max方案采用多模态认知推理和世界模型预测推演的一段式端到端技术路线，搭载两颗高性能旗舰算力芯片， 总算力超过1000Tops，并在硬件与架构层面预留向L3级自动驾驶升级的空间。公司表示，通过端到端架构，方案可在感知、决策与控 制链路中实现更高的一体化协同，以适配复杂城区路况环境。 在汽车智能化趋势方面，公司认为，AI技术正持续渗透智能驾驶领域，推动辅助驾驶能力从高端车型向更大范围车型下沉，城区领航 等功能的量产落地有望加快。四维图新指出，随着交通场景复杂度提升以及功能安全要求提高，高算力平台与端到端算法的组合正在 成为车企在高阶智能驾驶项目中的重要技术路线之一。 在芯片及基础能力布局方面，公司此前在公开场合介绍，其通过子公司布局车规级SoC与MCU芯片，并已完成多代产品迭代，面向智 能座舱和智能驾驶等场景提 ...

Core Viewpoint - The company, Siwei Tuxin, announced that from 2024 to the first half of 2025, it and Jianzhizhi Robot will secure a total of 5.85 million sets of intelligent driving solutions, covering over 20 mainstream automakers and more than 100 designated vehicle models [1] Group 1 - The company aims to achieve a successful second entrepreneurial phase following its success in mapping [1] - The stock price in the secondary market is influenced by various factors, and investors are advised to be aware of investment risks [1]

Group 1 - The shared bicycle concept sector rose by 0.81%, ranking 8th among concept sectors, with 6 stocks increasing in value, including Xilong Health which hit the daily limit, and New Day Co., Shanghai Phoenix, and Hemei Group showing gains of 5.03%, 1.18%, and 0.24% respectively [1] - The main inflow of funds into the shared bicycle concept sector was 111 million yuan, with Xilong Health receiving the highest net inflow of 111 million yuan, followed by Hemei Group, Aima Technology, and New Day Co. with net inflows of 42.13 million yuan, 7.50 million yuan, and 3.85 million yuan respectively [2][3] - The net inflow ratios for Xilong Health, Hemei Group, and Aima Technology were 52.08%, 7.54%, and 4.52% respectively, indicating strong interest from main funds [3] Group 2 - The stocks with the largest declines included Yong'an Xing, Siwei Tuxin, and Keli Yuan, which fell by 1.80%, 1.66%, and 1.65% respectively [1][4] - The trading volume and turnover rates for the stocks in the shared bicycle sector varied, with Xilong Health showing a turnover rate of 7.01% and a price increase of 9.95%, while other stocks like Shanghai Phoenix and New Day Co. had lower turnover rates of 5.06% and 5.33% respectively [3][4]