AECS国标正式发布，关注eCall相关投资机会

Investment Rating - The industry investment rating is "Positive" and maintained [6]. Core Viewpoints - The official release of the "On-board Accident Emergency Call System" (AECS) standard is slightly ahead of market expectations, which may accelerate its implementation under vehicle safety considerations, benefiting the entire industry chain including components like T-Box. It is recommended to focus on the eCall industry chain, particularly companies with a high market share in eCall [2][8]. Summary by Sections Event Description - The AECS standard has been officially released, which is expected to enhance vehicle safety and may lead to mandatory installation of eCall systems in all passenger cars sold in China [4][8]. Market Impact - The implementation of the AECS standard is anticipated to significantly boost domestic eCall demand, with projections indicating an annual increase of over 30 million units based on the current automotive production and sales figures [8].