Shiyan Taixiang Industry (SZ:301192) Zhong Guo Jin Rong Xin Xi Wang·2025-08-08 09:23Group 1 - The global trade landscape is undergoing significant adjustments, with China and Europe as key economic partners in the electric vehicle (EV) sector, shifting from a "market for technology" model to a "competitive cooperation" framework [1] - The competitive cooperation is characterized by three trends: acceleration of localization of Chinese EVs and supply chains in Europe, increased investment by European automakers in Chinese EV and component companies, and the establishment of joint ventures for collaborative R&D in both regions [1] - Chinese automakers are rapidly localizing in Europe, with companies like NIO opening centers and Xiaomi establishing a research center in Munich, while European automakers are increasingly reliant on Chinese components, creating opportunities for suppliers with technological advantages, such as Taizhong Co., Ltd. [1] Group 2 - The demand for lightweight components driven by the electrification transformation of European automakers aligns with Taizhong Co., Ltd.'s precision casting technology, which is essential for enhancing EV range [2] - Taizhong Co., Ltd., a specialized automotive parts manufacturer for 28 years, has become a global Tier A supplier for the Volkswagen Group, securing multiple projects for differential housings from brands like Volkswagen, Audi, and Skoda [2] - The trade advantages gained in the EV sector are also laying the groundwork for the global expansion of the robotics industry, as both sectors share common needs for lightweight, high-precision components and efficient power systems [2]