MACD金叉信号形成，这些股涨势不错！ 格隆汇10月15日｜A股市场国产软件股走强，其中，品茗科技涨超15%，久其软件、格尔软件、榕基软 件10CM涨停，浩辰软件涨超9%，国盾量子涨超8%，中创股份涨超6%，方直科技、国子软件、四维图 新涨超5%。 | 代码 | 名称 | 涨幅% ↓ | 总市值 | 年初至今涨幅% | | --- | --- | --- | --- | --- | | 688109 | 品茗科技 | 15.52 | 91.08亿 | 380.60 | | 002279 | 久其软件 | 10.03 | 63.37亿 | 17.22 | | 603232 | 格尔软件 | 10.00 | 38.38亿 | 27.67 | | 002474 | 榕基软件 | 9.95 | 50.21亿 | 34.72 | | 688657 | 浩辰软件 | 9.87 | 39.60亿 | 54.88 | | 300379 | *ST东通 | 8.72 | 13.22亿 | -84.29 | | 688027 | 国盾量子 | 8.36 | 443亿 | 44.19 | | ୧୫୫୧୦୧ | 中创股份 | 6.4 ...

Core Insights - The automotive-grade MCU chip market in China is projected to reach 26.8 billion yuan in 2024, representing a growth of 3.47% from 2023, and is expected to grow to 29.4 billion yuan in 2025 [1][9] - The increasing intelligence of electric vehicles is driving the demand for MCUs, with smart cars requiring up to 300 MCUs per vehicle, compared to 70 for traditional fuel vehicles and 150 for luxury fuel vehicles [7][9] - The MCU market in China is expected to grow to 62.51 billion yuan in 2024, with a year-on-year increase of 49.7 million yuan, and is projected to reach 65.64 billion yuan in 2025 [5] Industry Definition and Classification - Automotive-grade MCU chips are defined as chips that meet automotive standards and are used for vehicle control [2][3] - MCUs are categorized into different grades: consumer, industrial, automotive, QJ, and GJ, with automotive-grade being one of the highest standards [2] Market Size and Growth - The automotive MCU chip market in China is expected to grow significantly, with a forecasted market size of 26.8 billion yuan in 2024 and 29.4 billion yuan in 2025 [1][9] - The overall MCU market in China is projected to reach 62.51 billion yuan in 2024 and 65.64 billion yuan in 2025 [5] Industry Chain - The upstream of the automotive MCU chip industry includes semiconductor equipment and materials, while the midstream involves design, wafer foundry, and packaging testing [11][12] - The downstream applications primarily involve automotive manufacturers such as BYD, Geely, and Tesla [11] Policy Environment - The automotive chip sector is crucial for the transformation and upgrading of the automotive industry, with various policies introduced to support the development and application of automotive chips [13][14] Competitive Landscape - The automotive MCU chip market in China is becoming increasingly competitive, with key players including Zhaoyi Innovation, Zhongying Electronics, and Guomin Technology [16] - Companies like Zhongwei Semiconductor and Zhaoyi Innovation are focusing on MCU chip development and have reported significant revenue from automotive electronic chips [17][18]

自动驾驶的融资潮再次涌来。 车东西10月14日消息，近一个月，自动驾驶行业密集诞生11起融资，融资总额超过了292亿元，而今年以来，该行业融资事件总数已跃升至19起，融资总 额已经超过367亿元。 资本市场正用真金白银，为自动驾驶的商业化前景坚定地投下信任票，与前三年的资本寒冬形成鲜明对比，自动驾驶行业在2025年实现爆发。 | | | | | 2025年以来自动驾驶行业融资情况(车东西制图) | | | | --- | --- | --- | --- | --- | --- | --- | | 序号 | 企业 | 融资赛道 | 融资类型 | 投资方 | 金额 | 时间 | | 1 | Wayve | Robotaxi | | 微软、软银(洽谈中) | 20亿美元 | 2025年10月14日 | | 2 | 九识智能 | L4级细分领域 | | 蚂蚁集团领投、新老股东跟投 | 数亿美元 | 2025年10月13日 | | 3 | 滴滴自动驾驶 | Robotaxi | D轮融资 | 中关村科学城科技成长基金、北京信息产业 发展投资基金、广汽集团、滴滴等 | 20亿元 | 2025年10月11日 | | 4 | ...

智能驾驶赛道竞争日趋白热化的当下，四维图新18亿元加重筹码。 近期四维图新公告称，公司拟通过"2.5亿元现金增资与15.5亿元资产注入"的方式，换取大规模中高阶智驾量产软件算法公司鉴智开曼39.14%的股权，成为其 第一大股东（非控股股东）。由此，四维图新可以构建"新鉴智"平台，实现从传统图商向智能驾驶解决方案提供商的转型。此次交易也将成为A股市场第一 大智驾并购案例。 然而，这一复杂的资本运作，涉及两家处于亏损状态公司的整合，其效果仍有待观察。在技术飞速迭代、竞争异常激烈的智能驾驶赛道中，四维图新此次战 略投资仿若一次"豪赌"。 18亿押注负资产，高估值背后存疑 这笔交易最引人注目之处，在于交易双方均处于亏损状态。 四维图新成立于2002年，是传统数字地图提供商的龙头企业。但是随着智能驾驶的发展，公司转型在即。 四维图新在2025年半年报中表示，公司要形成以地图为底座、覆盖"智云、智驾、智舱、智芯"的全栈式解决方案服务能力，实现从单一产品提供商向综合解 决方案提供商的转型目标。 而从业务和产品线来看，2025年上半年，四维图新的智云和智芯业务收入增长。但是智驾板块收入较去年同期大幅下滑37.89%，公司称这 ...

Core Viewpoint - Recently, Siwei Tuxin announced plans to invest in Jianzhihui Robot through a combination of cash capital increase and the transfer of 100% equity of Tuxin Intelligent Driving, with a total transaction amount of 1.8 billion RMB, making it the largest shareholder with a 39.14% stake [1] Group 1: Transaction Structure - The investment employs a "cash + asset" dual-track model, where Siwei Tuxin subscribes to 138 million C+ class preferred shares at a price of 0.2538 USD (approximately 1.8061 RMB) per share, while injecting 1.55 billion RMB for the 100% equity of its wholly-owned subsidiary [2] - Jianzhihui Robot's revenue for the first half of 2025 is projected to reach 11.2291 million RMB, a significant increase from 599,400 RMB in 2024, although it remains in a loss phase with a net loss of 165 million RMB for the same period [2] - Siwei Tuxin reported a loss of 310 million RMB in the first half of 2025, with intelligent driving business revenue accounting for 4.38%, indicating strong market expansion capabilities with 3.6 million new intelligent driving units [2] Group 2: Technical Synergy - The autonomous driving sector is accelerating towards a "light map" or "map-less" technology route, significantly impacting Siwei Tuxin's core map product business [3] - Despite the intelligent cloud business contributing 71.84% of revenue, the intelligent driving solutions have not yet formed a scale advantage [3] - Through this strategic acquisition, Siwei Tuxin aims to leverage Jianzhihui Robot's advanced algorithm capabilities to enhance its technological accumulation in the mid-to-high-end intelligent driving sector, moving towards becoming a complete solution Tier 1 supplier [3] Group 3: Strategic Implications - Notably, Siwei Tuxin, while becoming the largest shareholder, does not seek a controlling position, holding only 2 out of 5 board seats at Jianzhihui Robot [4] - This "strategic investment without control" model preserves the entrepreneurial team's innovative vitality while accelerating the commercialization of technology through resource integration [4] - With an investment of 1.8 billion RMB, Siwei Tuxin is leveraging capital to facilitate its strategic transformation from a map supplier to a full-stack Tier 1 player in the intelligent driving sector, potentially witnessing the emergence of a new star in China's intelligent driving industry [4]

18亿元，四维图新（002405）（002405.SZ）正在推进A股市场第一大智驾并购案例。 上月底，四维图新发布公告，公司拟对PhiGent Robotics Limited（以下简称"鉴智开曼"）进行投资并提 供财务资助，以获得鉴智开曼39.14%的股份，成为其第一大股东。 上述交易总价达18亿元，这一交易金额将成为A股市场第一大智驾并购案例。 四维图新称，交易完成后，鉴智开曼将成为公司旗下智驾业务平台，有助于抢抓智驾行业爆发的历史性 机遇。 本次交易或将重塑国内智驾市场格局。目前，百度、华为、Momenta以及以比亚迪（002594）为首的车 企占据了大部分智驾市场份额。四维图新的加入，将使得市场竞争更加激烈。 备受关注的是，四维图新的本次交易，涉及将子公司注入鉴智开曼，将为公司带来约15亿元的投资收 益。这将大幅改善公司经营业绩。2025年上半年，四维图新亏损3.11亿元。 四维图新积极投身研发。2025年上半年，公司研发投入6.55亿元，占营业收入的37.19%。 增资+注入资产收购 四维图新大手笔收购资产，加码智驾业务布局。 根据公告，四维图新分两步完成对鉴智开曼的投资，即现金增资及资产注入。 基 ...

（文章来源：证券日报） 证券日报网讯四维图新10月9日在互动平台回答投资者提问时表示，公司的高精度地图、数据合规和六 分科技的高精度定位可应用于Robotaxi、无人物流车等众多无人化场景，目前已和小马智行与无人物流 的头部创业公司达成合作。 ...

证券日报网讯 四维图新10月9日在互动平台回答投资者提问时表示，公司和阿里的合作主要为与阿里云 的合作。公司与阿里云联合打造了汽车行业数据合规闭环解决方案，除此之外双方还在联合探索国产 GPU在智能辅助驾驶算法领域的应用、大模型在企业级提效场景的应用、座舱大模型及座舱生态打通、 海外数据的合规化采集传输存储等方向。 （编辑 王雪儿） ...

证券日报网讯 四维图新（002405）10月9日在互动平台回答投资者提问时表示，四维图新参股公司六分 科技积极布局具身智能赛道，推出具身智能小脑-空间X运动能力解决方案。今年6月六分科技与具身智 能解决方案提供商智身科技签署了战略合作协议，双方将围绕具身智能体"感知-决策-执行"全链路技术 升级展开合作。 ...

证券日报网讯 四维图新（002405）10月9日在互动平台回答投资者提问时表示，公司作为独立第三方 Tier1的身份，有利于公司推进中高低阶解决方案的跨车企平台化拓展，将车厂客户池最大化。 ...