Zheng Quan Shi Bao Wang·2025-09-22 07:36Core Viewpoint - Zhejiang Shibao (002703) has a strong technological reserve in steer-by-wire and rear-wheel steering, with multiple mainstream automakers already designated for collaboration. The first mass production project for steer-by-wire is expected to begin in the second half of 2026, while the rear-wheel steering project is set to start mass production in the fourth quarter of this year [1] Group 1 - The company has deep technological reserves in steer-by-wire and rear-wheel steering [1] - Multiple mainstream automakers have designated the company for collaboration [1] - The first mass production project for steer-by-wire is expected to start in the second half of 2026 [1] Group 2 - The first mass production project for rear-wheel steering is expected to begin in the fourth quarter of this year [1] - These products are primarily aimed at L3+ intelligent driving vehicles and high-performance luxury models [1] - The technology has high barriers to entry and a broad market outlook [1]