Group 1 - The Ministry of Industry and Information Technology and seven other departments in China have issued the "Automobile Industry Stabilization and Growth Work Plan (2025-2026)", which includes the promotion of intelligent connected vehicles and conditional approval for the production of L3 autonomous driving models [1] - The L3 level of autonomous driving signifies a shift in responsibility from the driver to the vehicle manufacturer, requiring companies to develop highly redundant perception systems to manage risks [1] - High-line count digital lidar has become a necessary safety component for the implementation of L3 autonomous driving, with companies like Suoteng Juchuang (02498) positioned to benefit significantly [1] Group 2 - Suoteng Juchuang's high-line count digital lidar products have already achieved mass production and are being used in new models such as the Zhiji LS6 and the Zeekr 9X [1] - The company is currently the only manufacturer capable of mass-producing 520-line digital lidar, maintaining a leading position in this field [1] - Several new models equipped with Suoteng Juchuang's high-line count digital lidar are expected to be launched in the second half of this year, with companies like Didi and Pony.ai adopting their products [2] - The new EM platform from Suoteng Juchuang has entered mass production, with the EMX targeting the L2 level assisted driving market and the EM4 being the only mass-producible lidar supporting 520 to 2160 lines for high-level autonomous driving scenarios [2] - The clarification of L3 autonomous driving policy thresholds and the continuous maturation of technology are expected to create broader growth opportunities in the lidar market [2]
L3落地迎政策利好！速腾聚创旗下可量产激光雷达EM4、E1已全面覆盖