Jin Rong Jie·2025-12-19 02:28Core Viewpoint - The autonomous driving sector is experiencing significant activity, driven by the recent approval of L3-level autonomous vehicle licenses, which marks a transition from technology development to commercial application [1][3]. Group 1: Market Performance - The autonomous driving sector saw active trading, with notable stock performances including: - Haoen Automotive Electronics (涨停, 20% increase) - Yunyi Electric (涨超12%) - Junsheng Electronics (涨10.02%) - Zhejiang Seabow (涨9.99%) - Luchang Technology (涨9.99%) [1][2]. Group 2: Policy and Industry Developments - The Ministry of Industry and Information Technology recently issued the first batch of L3-level conditional autonomous vehicle licenses, with Changan Automobile and BAIC Jihe being the first approved companies. Their vehicles will conduct pilot tests in designated congested and highway areas [3]. - The listing of Xidi Zhijia on the Hong Kong Stock Exchange marks it as the first publicly traded company in the commercial vehicle autonomous driving sector, focusing on smart mining and logistics [3]. Group 3: Impacted Sectors - L3-level autonomous vehicle manufacturers are expected to benefit from commercial opportunities, enhancing product competitiveness and market share as pilot operation data accumulates [4]. - The commercial vehicle intelligent driving solutions sector is poised for growth due to urgent demand in mining and logistics, supported by policy and leading company listings [4]. - The demand for high-precision sensors and core components will increase with the mass production of L3-level vehicles, benefiting upstream suppliers of lidar, cameras, and radar systems [4].