NJEC(SH:600699) Quan Jing Wang·2025-12-16 02:15Core Insights - The Ministry of Industry and Information Technology has officially granted the first batch of L3 conditional autonomous driving vehicle permits in China, marking a significant step from testing to commercial application for L3 autonomous driving [1] - 2026 is anticipated to be a critical year for the mass production of L3 intelligent driving in China, which is expected to drive orders for related automotive component companies [1] Industry Summary - Several automotive component companies have achieved breakthroughs in orders related to intelligent driving this year, becoming new growth points for their businesses [1] - For instance, Joyson Electronics (均胜电子) announced in September that its central computing unit (CCU) products, which integrate intelligent driving, intelligent networking, and intelligent cockpit technologies, received orders from two leading OEMs, with a total project lifecycle order value of approximately 15 billion yuan, set to begin mass production in 2027 [1] - Joyson Electronics has introduced intelligent driving domain control products based on different chip platforms to cater to various global market and vehicle demands [1] - In 2023, Joyson Electronics launched the world's first intelligent auxiliary driving domain controller nDriveH based on Qualcomm's Snapdragon Ride second-generation chip platform, supporting full-scenario functions from L2++ to L4 level intelligent auxiliary driving [1]