GXED(SH:600617) Zhong Guo Qi Che Bao Wang·2025-04-28 10:07Core Viewpoint - The Chinese new energy vehicle (NEV) industry is rapidly advancing on the global stage, driven by technological innovation and industry collaboration, with SGS playing a crucial role in this transformation [1]. Group 1: SGS's Role and Expertise - SGS has over 145 years of history and operates more than 2,500 branches and laboratories in 115 countries, employing 99,500 professionals, establishing a comprehensive global service network [5]. - SGS began its automotive services in 2007, focusing on quality assurance across the entire value chain for the automotive industry, and has expanded its services significantly since then [5][7]. - The acquisition of Germany's TÜV Saar in 2015 marked a significant milestone for SGS, enhancing its technical capabilities and certification systems, allowing it to introduce new standards in China [5]. Group 2: Strategic Adjustments and Market Position - In response to the rising penetration of smart NEVs in China, SGS adjusted its service strategy in 2022, establishing the world's first commercial laboratory with V2X communication protocol testing capabilities [7]. - SGS has established over 10 automotive laboratories and more than 20 service points in China, becoming a leading enterprise in the automotive testing and certification sector [7]. Group 3: Focus on Key Areas in Smart NEVs - SGS is strategically focusing on critical areas such as power batteries and V2X technology to meet the core needs of Chinese automotive enterprises [8]. - SGS has developed a comprehensive testing service for new energy power battery systems, including performance, environmental, and safety testing, and has established a nationally recognized laboratory for thermal runaway fire spread testing [10]. Group 4: Support for Global Expansion - The global automotive industry is undergoing significant changes, presenting both opportunities and challenges for Chinese automotive exports, with SGS providing comprehensive solutions for overseas expansion [13]. - SGS recommends that Chinese automotive companies focus on markets in Europe, Southeast Asia, and the Middle East, offering tailored compliance support and certification services based on regional characteristics [13]. Group 5: Case Study and Future Outlook - A representative case involves BYD's cloud vehicle control system, where SGS's functional safety experts collaborated with BYD's R&D team, resulting in multiple safety certifications that support BYD's domestic and international market strategies [14]. - The global development of China's NEV industry is accelerating, with SGS committed to leveraging its expertise and global service network to support the internationalization of Chinese automotive enterprises [14].