Zhi Tong Cai Jing·2025-12-18 02:03Group 1 - Zhejiang Shibao (002703) shares increased by over 8%, currently up 6.54% at HKD 4.89, with a trading volume of HKD 1.81 billion [1] - The Ministry of Industry and Information Technology announced the first batch of L3 conditional autonomous driving vehicle permits, with two models designed for urban congestion and highway use to be tested in designated areas of Beijing and Chongqing [1] - Zhejiang Shibao stated on December 17 that it has long-term partnerships with various domestic traditional and new car manufacturers, providing products such as intelligent steering, steer-by-wire, and electric steering columns suitable for L3 and above autonomous driving [1] Group 2 - The release of the L3 autonomous driving permit directory by the Ministry of Industry and Information Technology is expected to facilitate the on-road implementation and popularization of higher-level autonomous driving [1] - This development will promote the marketing and mass production of the company's intelligent steering products [1]