SENSSUN(SZ:002870) Quan Jing Wang·2025-04-28 00:40Group 1 - The 20th Shanghai International Automobile Industry Exhibition (2025 Shanghai Auto Show) was held from April 23 to May 2, showcasing the advancements in intelligent cockpits and new energy charging systems, with Jiangsu Junsheng Group, a subsidiary of Xiangshan Co., Ltd., making a significant appearance [1] - Junsheng Electronics launched the new immersive intelligent cockpit, JoySpace+, which integrates smart technology and humanistic aesthetics to enhance the driving experience [4] - The cockpit features a "hidden electric air vent" designed to reduce visual clutter, utilizing fluid dynamics algorithms for automatic adjustment of airflow direction and volume, along with a smart air purification system that monitors and filters PM2.5 [7] Group 2 - Junsheng Group has over 20 years of experience in the intelligent cockpit sector, providing air management systems and luxury smart components to top global automotive brands such as Mercedes-Benz, BMW, and Audi, while also serving domestic brands like BYD and NIO [12] - From 2019 to 2023, Junsheng's air management systems ranked first in the domestic market share and second globally, recognized as a national champion product [12] - With the acquisition of Junsheng Electronics as a controlling shareholder, Xiangshan Co., Ltd. is entering a new development phase, focusing on R&D in intelligent cockpits and new energy systems while exploring emerging fields like low-altitude economy [12][13] Group 3 - Xiangshan Co., Ltd. is expanding its business into the low-altitude economy, including flying car projects, and is enhancing its core component R&D and production capabilities to meet future market demands [13] - The company has established three R&D centers in China, Germany, and North America, along with 15 production bases, actively participating in international standard-setting and supporting domestic brands in global markets [13] - Xiangshan Co., Ltd. aims to deepen its high-end, global, and innovative strategies, enhancing cooperation with traditional luxury and domestic brands worldwide to improve the position of the Chinese automotive industry in the global value chain [13]