Core Viewpoint - The stock of Nexperia (01316) has risen nearly 6%, reaching a new high of 7.64 HKD since February 2022, driven by favorable government policies and strong order growth in the automotive sector [1] Group 1: Company Performance - Nexperia's stock price increased by 5.83% to 7.63 HKD with a trading volume of 145 million HKD [1] - The company secured new orders worth 1.5 billion USD in the first half of the year, including domestic and overseas business from Chinese automakers and orders for dual small gear EPS and rear-wheel steering from European automakers [1] - Nexperia maintains its annual order target of 5 billion USD, indicating strong confidence in future performance [1] Group 2: Industry Trends - The Ministry of Industry and Information Technology, along with eight other departments, released the "Automotive Industry Stabilization and Growth Work Plan (2025-2026)", promoting the industrial application of intelligent connected technology [1] - The plan includes conditional approval for the production of L3-level vehicles and aims to enhance road traffic safety and improve relevant laws and regulations [1] - As the penetration rate of L3-level and above autonomous driving increases, the penetration rate of steer-by-wire systems is expected to rise correspondingly, with Nexperia currently holding over 50% of the global market share in this technology [1] Group 3: Competitive Position - Nexperia is one of the few companies, alongside Bosch and ZF, that has achieved mass production of steer-by-wire technology, positioning itself as a leader in this competitive landscape [1] - The company is actively advancing its steer-by-wire chassis development, including steer-by-wire, rear-wheel steering, electronic mechanical brake control, and Motion IQ software suite, aligning with industry development trends to enhance competitiveness [1] - Analysts expect Nexperia to secure more steer-by-wire related projects in the second half of the year, further solidifying its market position [1]
耐世特再涨近6% L3智驾迎来政策利好 公司领先布局线控产品