Core Insights - Geely Auto has launched a global all-domain safety center in Ningbo, Zhejiang, covering over 80,000 square meters and featuring 27 categories of safety testing capabilities, establishing five world records including the "largest automotive safety testing laboratory" [2] Group 1: Safety Center and Technology - The global all-domain safety center aims to meet comprehensive safety verification needs from complete vehicles to components [2] - Geely has introduced the "All-Domain Safety 2.0" technology system, which enhances the original four safety areas by integrating AI technology into nine safety systems and includes "public domain safety" considerations [2] Group 2: Industry Collaboration - Geely has partnered with 11 industry, academic, and research institutions, including the China Automotive Technology Research Center and Tsinghua University, to release the "Intelligent Vehicle All-Domain Safety Development White Paper" [2] - The white paper is designed to systematically plan the technological pathways for intelligent vehicle all-domain safety and provide a reference framework for industry safety system construction [2] Group 3: Open Sharing Initiative - The global all-domain safety center will be open for sharing with the entire industry, promoting the centralized utilization of automotive safety technology research resources [2] - This initiative aims to enhance the overall safety verification capabilities of both complete vehicle and component manufacturers [2]

Group 1 - WeRide and Uber have launched a Robotaxi public operation service in Dubai, allowing users to request autonomous rides via the Uber App in popular tourist areas [2] - The service is managed by Tawasul, which will oversee the fleet operations for WeRide's Robotaxi on the Uber platform [2] Group 2 - Geely has officially launched its Global All-Domain Safety Center in Ningbo, covering an area of approximately 45,000 square meters and integrating various safety capabilities [2] - The center focuses on key areas such as passive safety, active safety, health safety, and digital safety, and has introduced the "All-Domain Safety 2.0" technology system that incorporates AI capabilities [2] - Geely has collaborated with several institutions to release a white paper on the development of intelligent vehicle safety, offering testing resources and safety technology results to the industry [2] Group 3 - NIO has released official images of the limited edition ET5/ET5T Far Sky package, which will be unveiled on December 16, featuring a unique Far Sky purple paint color [2]

摘要 固态电池亟需场景跑通——没有真实工况与大容量验证，制造窗口、寿命与一致性都无法收敛。 在固态电池赛道沉寂一段时间后，吉利近期用一项"工程化动作"把话题重新拉回现实： 旗下浙江绿色智行科创有限公司启动2026—2027年度固态电池电芯研发物料招标。 反过来，只有把电池放进足够苛刻且足够真实的使用场景，让大容量样件在稳定性、阻抗与寿命上 形成可复现的数据闭环，成本才有机会从"不可控的试制成本"变成"可优化的制造成本"。 上周，另一条来自奇瑞体系的消息把固态电池推向"场景绑定"：北美商用车企业Horizon Motors 披露与奇瑞汽车达成固态电池合作，将获得1GWh固态电池产能，用于Class 3–8零排放专用卡车 的量产部署，电池由奇瑞旗下安瓦新能源提供。 Horizon所描述的落地场景包括箱式货车、清扫车、冷藏车与市政车辆等高频运营车型，并强调该 类车队对续航与可靠性要求更高。 安瓦此前已对外披露其"新型固态"产线进展： 报道显示，安瓦在芜湖的GWh级产线首批工程样件于2025年7月下线，设计产能1.25GWh，并提 及样件通过GB38031-2025相关测试口径。 该公司产线集成涂布、复合、热封等工序 ...

作者丨彭鑫 编辑丨安安 12月12日，吉利全球全域安全中心正式发布，这座建筑面积8.2万平方米、建设耗资超20亿元的"安全试 炼场"，打破多项吉尼斯世界纪录，致力于打造"全球最大综合型安全试验室"。同时，吉利还发布了进 阶打造的"全域安全2.0"技术体系。 吉利全球全域安全中心建筑面积超8万㎡，集成多类型被动安全测试、雨雪雾主动安全测试、辅助驾驶 仿真类测试、网络安全测试等多类型试验功能；室内汽车碰撞测试跑道长度达293.39m，具备减速功 能，可实现更高的初速度和可调的减速度范围，还支持无级角度对碰、翻滚、护栏及预制动等试验能 力，并且满足商用车加速碰撞要求和未来十年全球安全测试标准的研发试验； 式提升；到2020年提出"全域安全"技术体系，CMA、SEA等世界级智能安全架构相继落地，持续聚焦 安全核心赛道。 此次吉利全球全域安全中心和"全域安全2.0"技术体系的联合发布，既是吉利造车近30年安全初心的坚 守，也是对"以人为尊"理念的深度践行。面向未来，吉利汽车官方表示，将以"全域安全2.0"技术体系 为指引，以吉利全球全域安全中心为核心基建，持续突破全球汽车安全的技术边界与标准上限，向全行 业开放共享安全 ...

Core Insights - The article discusses the new trends in China's cross-border trade and investment during the "15th Five-Year Plan" period, highlighting the shift towards new trade methods and products that are reshaping the domestic and international markets [2][4]. Trade Growth and Innovations - In the first 11 months of the year, China's total import and export value reached 41.21 trillion yuan, a year-on-year increase of 3.6%, with November's trade growth rebounding to 4.1% [6]. - The cross-border e-commerce sector in Yiwu has seen significant growth, with the import clearance list surpassing 100 million orders, marking a historic milestone [2]. - The introduction of "smart supervision" measures at customs has improved efficiency, allowing vehicles to pass through with minimal delays [2]. New Product Trends - The share of high-tech and high-value-added products in China's exports is rapidly increasing, with integrated circuits and electric vehicles leading the way [5][6]. - The contribution of electromechanical products to export growth was 87% in the first ten months, with a notable increase in the export of intermediate goods [6]. Internationalization and Market Expansion - Chinese companies are accelerating their internationalization efforts, with a focus on expanding into emerging markets in the Global South, as evidenced by the increasing share of low- and middle-income economies in China's imports and exports [8][9]. - The report indicates that by 2026, the focus of global trade is expected to shift towards emerging hubs in the Global South, challenging traditional Western centers [8]. Investment Trends - China's foreign direct investment (FDI) has surpassed $170 billion, reflecting a significant shift from being an investment-receiving country to an investment-sending country [9]. - The manufacturing sector now accounts for a larger share of China's overseas investments compared to resource extraction industries [9]. Future Directions - The "15th Five-Year Plan" emphasizes the need for innovation in foreign trade, including optimizing trade structures and expanding service and digital trade [11]. - There is a call for enhancing the dual flow of goods and factors across borders, balancing exports and imports to strengthen China's economic position [12][13].

Core Viewpoint - Geely Auto has unveiled its Global All-Domain Safety Center, achieving five Guinness World Records and launching the "All-Domain Safety 2.0" technology system along with the "Intelligent Vehicle All-Domain Safety Development White Paper," promoting industry-wide collaboration in automotive safety [1][4]. Group 1: Global All-Domain Safety Center - The Global All-Domain Safety Center is the core of Geely's all-domain safety testing system, integrating Volvo's safety technology and built to the highest global safety standards [2]. - The center covers approximately 45,000 m² and includes the world's largest automotive safety testing laboratory, which exceeds 80,000 m², and features various testing capabilities across four safety domains: life, health, property, and privacy [2][3]. - It boasts the world's longest indoor automotive collision test track at 293.39 meters, designed for high-speed and adjustable deceleration tests, accommodating commercial vehicle testing and future global safety standard development [2]. Group 2: Testing Facilities and Capabilities - The center includes the world's largest automotive environmental wind tunnel testing facility, capable of simulating altitudes of up to 5,200 meters and various complex environmental tests [3]. - It features the world's largest arbitrary angle automotive collision testing area, allowing for 0-180° collision simulations to realistically replicate various accident scenarios [3]. - The center also has the world's most comprehensive automotive safety testing laboratory with 27 testing functions, meeting safety regulations from multiple countries and regions [3]. Group 3: All-Domain Safety 2.0 Technology System - Geely has launched the first industry "Intelligent Vehicle All-Domain Safety Development White Paper," focusing on human-centered safety goals and addressing the technological needs arising from intelligent vehicle scenarios [4]. - The "All-Domain Safety 2.0" technology system expands the safety perspective from vehicle safety to a broader "person-vehicle-road-cloud-star" ecosystem, aiming for zero casualties, zero health hazards, zero property loss, and zero privacy breaches [4]. - The system includes upgrades to nine safety systems and introduces a new "public domain safety" section, enhancing public safety awareness and standard co-construction [4]. Group 4: Technological Innovations - The "All-Domain Safety 2.0" technology system has already implemented several leading technologies, such as the tire blowout stability control system in the Geely Galaxy M9, which can precisely control the vehicle within 100 milliseconds [5]. - It features the industry's first G-AES universal obstacle continuous automatic avoidance assistance system, capable of emergency avoidance at speeds up to 150 km/h [5]. - In the new energy sector, the Shendun Jinzhang battery has passed multiple extreme tests exceeding national standards, while technologies like Thunder Electric Drive and AI-integrated vehicle-cloud systems enhance safety [5]. Group 5: Commitment to Safety - Geely Auto has invested over 250 billion yuan in R&D over nearly 30 years, establishing a leading global safety technology system with 1,562 automotive safety patents [7]. - The launch of the Global All-Domain Safety Center and the "All-Domain Safety 2.0" technology system reflects Geely's commitment to safety and industry responsibility [7]. - The company aims to continue pushing the boundaries of safety technology, sharing core achievements, and promoting equitable safety in smart mobility for consumers [7].

此外，吉利还推出了全面融合"全域AI"进阶打造的"全域安全2.0"技术体系，在原有四大安全领域的基 础上，以全域AI赋能九大安全系统迭代升级，首次纳入"公域安全"新维度，将侧重"整车安全"的视角升 级为"人-车-路-云-星"的生态视角，将安全的视野从单车扩展到整个交通生态。 活动现场，吉利联合中国汽车技术研究中心有限公司、中国检验认证(集团)有限公司、沃尔沃、清华大 学等11家产学研机构发布《智能汽车全域安全发展白皮书》，以系统性规划牵引汽车全域安全技术实现 跨越式发展，为推动行业共建完善的安全体系贡献智慧与力量。 此次吉利全球全域安全中心和"全域安全2.0"技术体系的联合发布，既是吉利造车近30年安全初心的坚 守，也是对"以人为尊"理念的深度践行，预示着中国汽车安全将迎来新的里程碑。 12月12日，吉利全球全域安全中心正式揭幕，该中心投资20亿，面积超8万平方米，具备27大类测试能 力，覆盖全域安全技术验证。并一举创下五项吉尼斯世界纪录，包括全球最大的汽车安全试验室、最长 的室内碰撞测试跑道、最大的环境风洞、最大的任意角度碰撞测试区以及测试功能最多的安全试验室。 据介绍，该中心并非"简单追求测试规模"，核心 ...

发布活动现场同步推出"全域安全2.0"技术体系。该体系在原有四大安全领域基础上，依托全域AI技术实现九大安全系统迭代优化，创新 性纳入"公域安全"维度，将传统"整车安全"视角拓展为"人-车-路-云-星"的生态安全视角，推动汽车安全防护从单车层面延伸至整个交通生态系 统。 12月12日，吉利全球全域安全中心正式发布启用。该中心占地面积超8万平方米，构建了27大类测试能力，全面覆盖全域安全技术验证场 景，凭借其规模与功能优势，创下"全球最大的汽车安全试验室"、"全球测试功能最多的汽车安全试验室"等五项吉尼斯世界纪录。为促进行业 资源共享与技术协同，中心即日起面向全行业开放合作。 为凝聚行业共识、规范技术发展，吉利联合中国汽车技术研究中心有限公司、中国检验认证（集团）有限公司、沃尔沃、清华大学 等11家产学研机构，共同发布《智能汽车全域安全发展白皮书》。此举将通过系统性规划引领汽车全域安全技术创新突破，为行业共建 标准化、规范化的安全体系提供支撑，助力我国汽车产业高质量发展。 ...

Core Insights - The company has a strong technical capability in the production of internal combustion engine cylinder liners and has expanded its product line to include key components such as pistons, piston rings, and bearings, establishing a comprehensive supply chain in the internal combustion engine friction pair components industry [1][2]. Group 1: Business Overview - The company has a long-standing presence in the internal combustion engine PCU business, serving both domestic and international markets with clients including BYD, Geely, Cummins, and Caterpillar [2]. - The company has entered the brake system sector through its subsidiary, producing innovative dual-metal brake drums and discs, which have broken foreign technological monopolies and achieved international leading standards [3]. Group 2: Product Development - The company has developed dual-metal composite brake drums and discs that enhance stiffness by 50% compared to similar market products and double their lifespan, showcasing its independent intellectual property [3]. - The company has successfully entered the international mainstream turbocharger supplier system and is achieving bulk supply in the domestic market for electronic control actuators [4]. Group 3: Financial Projections - Revenue projections for the company from 2025 to 2027 are estimated at 3.87 billion, 4.59 billion, and 5.31 billion yuan, representing year-on-year growth rates of 17%, 19%, and 16% respectively, with net profit forecasts of 420 million, 510 million, and 580 million yuan, reflecting growth rates of 104%, 22%, and 15% [6]. - The company is assigned a valuation of 18 times earnings for 2026, corresponding to a target stock price of 15.72 yuan and a target market value of 9.2 billion yuan, indicating a "buy" rating based on its leading position in the internal combustion engine PCU sector and growth potential in new businesses [6].

2025年12月12日，吉利全球全域安全中心正式发布，并一举创下"全球最大的汽车安全试验室"、"全球最长的室内汽车碰撞测试跑道"、"全球最大的汽车环 境风洞试验室"、"全球最大的任意角度汽车碰撞测试区(0-180°)"、"全球测试功能最多的汽车安全试验室"五大吉尼斯世界纪录。同时，吉利还发布了全面融 合"全域AI"进阶打造的"全域安全2.0"技术体系，并联合中国汽车技术研究中心有限公司、中国检验认证(集团)有限公司、清华大学等产学研机构发布《智能 汽车全域安全发展白皮书》，以系统性规划牵引汽车全域安全技术实现跨越式发展，为推动行业共建完善的安全体系贡献智慧与力量。 M . 创下五大世界纪录，吉利全球全域安全中心树立全球新标杆 吉利全球全域安全中心拥有五大吉尼斯世界纪录认证——其中，"全球最大的汽车安全试验室"建筑面积超8万㎡，集成多类型被动安全测试、雨雪雾主动安 全测试、辅助驾驶仿真类测试、网络安全测试等多类型试验功能，覆盖"生命、健康、财产、隐私"四大安全域的全方位守护测试；"全球最长的室内汽车碰 撞测试跑道"长度达293.39m，具备减速功能，可实现更高的初速度和可调的减速度范围，还支持无级角度对碰、翻滚 ...