北交所&新兴成长行业周报：北交所&新兴成长行业研究比亚迪首搭激光雷达海豹家族新车上市，旗下方程豹预采购华为智驾系统

Investment Rating - The report recommends a "Buy" rating for the smart automotive industry and specific stocks such as Juguang Technology, Changguang Huaxin, Yongxin Optical, Huace Navigation, Jingwei Hengrun, and Longsheng Technology [5][6]. Core Insights - BYD has launched the 2025 model of the Seal, which is the first model in its family to feature LiDAR technology, with a price range of 175,800 to 239,800 CNY. The new model is built on BYD's latest e-platform 3.0Evo technology and includes advanced features such as SiC silicon carbide, an 800V high-voltage platform, and a twelve-in-one powertrain [9][11]. - The new Seal model is equipped with the "Tian Shen Zhi Yan" advanced intelligent driving assistance system, featuring 31 high-precision sensors, achieving L2+ level driving assistance capabilities. It allows for autonomous navigation in various driving scenarios [11][12]. - The report highlights the collaboration between BYD and Huawei for the development of the "Bao 8" model, which will also utilize Huawei's intelligent driving system, aiming to enhance the high-end vehicle sales and brand image [15][16]. - Avita Technology successfully held a driving challenge event showcasing the capabilities of Huawei's Kunlun PRO3 intelligent driving system, demonstrating its advanced driving capabilities through various tests [16][18]. Market Overview - From August 5 to August 9, 2024, the A-share market saw significant fluctuations, with the real estate, food and beverage, and construction materials sectors performing well, while the computer, defense, and electronics sectors lagged behind [22][26]. - The North Exchange 50 index had a PE TTM of 28.75X, with a trading volume of 338 million shares and a turnover rate of 1.58% as of August 9, 2024 [26][27]. Key Recommended Stocks - The report suggests focusing on the smart automotive industry chain, with specific stocks recommended including Juguang Technology, Changguang Huaxin, Yongxin Optical, Huace Navigation, Jingwei Hengrun, and Longsheng Technology [5][6].