强标合格线应该设置60分、80分，还是90分？ 大学生考试得60分就可以毕业，那么辅助驾驶汽车得考多少分才能上路？ 这个问题最近在市场上吵得不可开交。近日，同济大学汽车学院教授朱西产的一番言论更是将这场争论 推向了高潮。他在一场年会上直言，辅助驾驶汽车超过60分就应该可以上路了，但是现在有关强标（强 制性国家标准）的制定者是优等生华为，制定的标准太难了，这导致辅助驾驶汽车考80分都不能上路， 是有问题的。 "千万不要把极限工况塞到强标里。对强标我们一定要有敬畏之心，华为不要把劲儿使在强标上，最后 反思下来，你自己也要倒霉的，大家可能都睡不着觉。"朱西产称。 小米车祸催化强标加速制定 这番言论在社交媒体上掀起了轩然大波，不少网友评论认为这是把人命当儿戏，涉及安全问题就算把90 分当及格线也不为过，就像驾照考试各科成绩基本也要达到90分才能及格一样。更有甚者，有声音称朱 西产是在给某些利益集团"站台"。 被"骂"的朱西产也不得不在7月17日凌晨紧急解释称，上述话题讨论的是驾驶员对安全负责的L2级辅助 驾驶汽车，而非可以脱手脱眼的L3级及以上的自动驾驶汽车，所以60分和90分的智驾车，差别不是安 全性，而是驾驶员驾 ...

彩电业头部竞争也更为激烈。另据数据，第二阵营长虹、海尔、康佳三大品牌在第一季度受第一阵营的 强势挤压，出货总量约130万台，市占率减少约5个百分点。另外，受内部调整影响，华为出货量同比下 降超过50%。不过，相较外资品牌，国内电视品牌整体处于稳定状态。外资品牌夏普，呈现腰斩式下 滑。索尼、三星、飞利浦的出货量已长期在底部，且仍在萎缩，合计市场份额已不到10%。 "市场呈现强者恒强的局面，第一梯队的海信、TCL电视在今年一季度出货量均保持了较好的同比增 长，第二阵营市场被分食一部分，高端市场竞争更为白热化，电视行业'内卷'加剧。市场华为出货量大 幅下降，与内部调整因素有关，但关键要看调整之后的销售表现，持续性销量下降也需值得警惕。"郭 施亮认为。"总体来看，国内电视品牌不断进行显示技术更迭，展现较强的竞争实力，也在不断分食外 资品牌份额，国产电视厂商的综合实力不断增强。" 向车载等领域跨界 开拓市场参与国际竞争 中国家电市场份额再度集中，国产厂商占据大部分"江山"。4月13日消息，洛图科技日前发布的2023年 第一季度《中国电视市场品牌出货月度追踪》报告显示，2023年第一季度，中国电视市场品牌整机出货 量达到 ...

Investment Rating - The report maintains an "Outperform" rating for the computer industry [1][4]. Core Insights - The report highlights significant advancements in AI, particularly with the release of xAI's Grok 4, which claims to be the world's strongest AI model, achieving a training volume 100 times greater than its predecessor Grok 2 [3][60]. - Domestic AI chip companies are entering a concentrated IPO phase, with notable advancements in the domestic AI ecosystem, including the launch of Huawei's Ascend AI Cloud based on CloudMatrix 384 [3][4]. - The easing of EDA and H20 bans by the US is expected to accelerate the differentiation within the server industry, while the domestic market continues to push for localization and replacement of foreign systems [3][4]. Summary by Sections Industry Data - From January to May 2025, the software industry revenue reached 5.58 trillion yuan, growing by 11.2% year-on-year, with profit totaling 672.1 billion yuan, a 12.8% increase [13][14]. - The IC design sector showed the highest growth at 15.2%, while cloud and big data services also experienced significant growth [19][20]. AI Developments - The AI sector is witnessing rapid advancements, with Grok 4 outperforming other leading models in various assessments [60][65]. - Meta has initiated a talent acquisition strategy to bolster its AI capabilities, following setbacks with its Llama 4 model [74]. Localization Trends - The report notes that the domestic AI chip industry is moving towards a concentrated IPO phase, with significant developments in the domestic software ecosystem, including the number of applications for Huawei's Harmony OS surpassing 2,500 [3][4][19]. - The easing of US technology bans is seen as a catalyst for further domestic advancements and localization efforts [3][4]. Computing Power - The upcoming release of NVIDIA's next-generation AI server chip, GB300, is anticipated to enhance capital expenditures and chip procurement among major tech firms [4]. - The Ministry of Industry and Information Technology has launched initiatives to promote the construction of a unified national computing power service market [4].

Core Viewpoint - The current fundraising environment in the primary market is under pressure, with challenges stemming from the need to construct a stable and synergistic LP structure rather than a lack of capital supply [1] Group 1: Fundraising Environment - The fundraising difficulties are characterized by a "trilemma," where institutions must balance compliance and reinvestment requirements of state-owned LPs, stringent DPI assessments from financial institutions, and the attraction of industrial capital for deep resource binding [1] - Changshi Capital recently completed a fundraising of 728 million yuan, successfully navigating the "impossible triangle" by securing support from local governments, leading financial institutions, and market-oriented mother funds [1] Group 2: LP Composition - The LP structure includes contributions from leading industrial companies and founders in hard technology, such as Zhaoshengwei, Maiwei, and Shibu Testing, along with foundational investments from Ciyuan Capital and support from top financial institutions [1] - The involvement of Huazhong University of Science and Technology and the University of Electronic Science and Technology alumni funds reflects recognition of Changshi Capital's investment capabilities in hard technology [1] Group 3: Investment Performance - Changshi Capital's hard technology Phase I fund has invested in 24 projects, with 11 having completed IPOs, including Zhongwei Semiconductor and Suzhou Tianmai, achieving a DPI close to 2 times [2] - The Phase II fund has 4 projects in the IPO application stage, with a total IPO hit rate exceeding 50% across both funds [2] Group 4: Founders' Fund Philosophy - The Founders' Fund philosophy emphasizes the need for VC institutions to become "symbiotic" within the industrial ecosystem rather than merely acting as "hunters," fostering a collaborative network that transcends market cycles [2][3] - Changshi Capital's approach involves leveraging the insights and resources of industry-leading LPs to enhance the success rate of portfolio companies, creating a positive feedback loop within its industrial ecosystem [3] Group 5: Investment Methodology - Changshi Capital has developed a "70%/90%/100%" investment methodology, requiring 90% understanding of projects before investment, dedicating 70% of time to service, and aiming for 100% successful exits [4] - The methodology is grounded in a deep understanding of industry trends and development directions, supported by continuous engagement with key industry players and entrepreneurs [4] Group 6: Exit Strategy - The firm employs a multi-dimensional framework for determining IPO exit timing, ensuring that exits are strategically timed to avoid market downturns, with over 80% of IPO projects from the Phase I fund successfully capitalizing on favorable market conditions [5] - For projects not meeting IPO conditions, the team utilizes its industrial ecosystem network to facilitate strategic mergers and acquisitions, achieving favorable exit returns [5] Group 7: AI Investment Strategy - In the context of the AI era, Changshi Capital is focusing on three investment lines: AI infrastructure, embodied intelligence, and innovations in AI application layers and interactions [6] - The firm has already invested in several companies within the AI infrastructure space, which is considered foundational for the entire AI industry [6]

Investment Rating - The report does not explicitly provide an investment rating for the industry or specific companies discussed Core Insights - The evolution of AI is driven by computing power, transitioning from rule-based software to predictive intelligence systems powered by large-scale data and parameter training [2][8] - NVIDIA is advancing next-generation AI acceleration platforms through innovations in 3D transistor structures, advanced packaging, and silicon photonics interconnects, with a roadmap extending 10-20 years [2][8] Summary by Sections AI Development Waves - Perception AI (2012–2017): Surpassing human capabilities in vision, speech, and language recognition [5] - Generative AI (2018–): Cross-modal generation reshaping content production [5] - Reasoning AI (2023–): Human-like logic and problem-solving abilities [5] - Physical AI (future): Embodied intelligence in robotic systems [5] Strategic Implications - A 20-Year Window for Silicon-Based AI Compute: Huang positions CoWoS and CPO as mainline technologies, affirming the viability of current architecture-compatible paths for Chinese chipmakers [3][11] - Global Recognition of Chinese Open Models: Huang praises Chinese open-source models, marking a significant endorsement of China's AI capabilities and opening pathways for algorithm export [3][11] - Open-Source as the Future Engine of AI Innovation: Transitioning to ecosystem-driven engineering collaboration around multimodal model sharing and co-development [3][11] - AI for Science as a New Accelerator: AI's role in complex interdisciplinary fields, with opportunities for Chinese institutions in drug discovery and climate prediction [3][11]

Core Viewpoint - The 22nd Changchun International Auto Expo showcases the rapid development and innovation of domestic automotive brands, particularly in the electric vehicle sector, highlighting the increasing competitiveness and technological advancements of Chinese manufacturers [1][4][7]. Group 1: Event Overview - The Changchun International Auto Expo took place from July 12 to 21, featuring 118 domestic and international companies showcasing their automotive brands [1]. - The exhibition covered a total area of 170,000 square meters, with four main vehicle exhibition halls [7]. Group 2: Domestic Brands and Innovations - The Red Flag brand, under China FAW Group, presented its classic models alongside new luxury vehicles, emphasizing the brand's heritage and innovation [1]. - New energy vehicle brands like NIO and BYD showcased advanced technologies, such as NIO's high-performance ET9 with self-developed chips and BYD's "Yuan" series featuring unique control systems [3][4]. - The emergence of various domestic electric vehicle brands offers consumers a wider range of choices, with models focusing on aesthetics, smart features, and affordability [4]. Group 3: Consumer Engagement and Market Trends - The expo attracted significant consumer interest, with many attendees expressing a desire to purchase new vehicles, reflecting the growing confidence in domestic automotive brands [4][7]. - The popularity of high-end and cost-effective models among younger consumers indicates a shift in market preferences towards innovative and value-driven vehicles [7].

第五届中国汽车质量技术大会现 场 7月17日，以"数智焕新——新时代全球汽车质量管理"为主题的第五届中国汽车质量技术大会在沈阳召 开，来自国内外的汽车行业质量技术专家、领军车企高管在会上就数智时代背景下汽车质量安全管理面 临的新课题、新挑战与新机遇进行了深入探讨。 中国消费品质量安全促进会理事 就业界关心的汽车召回问题，负责汽车召回制度制定和组织实施的国家市场监督管理总局质量发展局副 局长雷光程在会议上指出，2024年以来，我国累计实施汽车召回320次，涉及车辆1651.74万辆。其中， 新能源汽车召回139次，涉及车辆602.04万辆，涉及的问题主要有驾驶辅助系统误用、转向助力失效和 动力电池热失控等。对此，国家市场监督管理总局将加快推进《缺陷汽车产品召回管理条例》修订工 作，并结合汽车数智新生态，进一步优化召回工作程序和要求；同时将健全事故报告、现场勘查和缺陷 分析机制，加强事故深度调查与分析。 国家市场监督管理总局认可与检验检测监督 管理司副司长唐冀平 就如何保障汽车产品质量安全，国家市场监督管理总局认可与检验检测监督管理司副司长唐冀平指出， 当前，汽车领域智能网联技术快速迭代，汽车产品功能日益复杂，产 ...

Core Insights - The increasing presence of Chinese entrepreneurs in Central Asia, particularly in Uzbekistan, has led to a significant rise in local service costs, such as translation and hospitality [1] - The Central Asian e-commerce market is experiencing rapid growth, with Kazakhstan leading the way, while Uzbekistan shows strong potential for future expansion [2][3] - The geopolitical landscape is shifting, with Chinese companies looking towards emerging markets in Central Asia as opportunities arise from tensions in other regions [1][22] Group 1: Market Dynamics - In 2024, Kazakhstan's e-commerce market is projected to exceed 60.13 billion USD, reflecting a 33% year-on-year growth [2] - Uzbekistan's e-commerce market is expected to maintain a compound annual growth rate of 122% from 2021 to 2024, with future growth anticipated to exceed 40% [2] - The total GDP of Uzbekistan increased from 86.138 billion USD in 2017 to 103.012 billion USD in 2023, with an annual growth rate of 5.7%-6% [15] Group 2: Consumer Behavior - Kazakhstani consumers are experiencing a wave of consumption upgrades, with a notable preference for online shopping and installment payments [10] - In Uzbekistan, the average nominal wage as of September 2024 is 817.2 USD, with many locals working multiple jobs to supplement their income [10] - The demand for diverse product categories is high, particularly in e-commerce, where local consumers are seeking quality and brand recognition [13][18] Group 3: E-commerce Infrastructure - Kazakhstan has a well-developed digital payment infrastructure, with platforms like Kaspi QR widely used, while Uzbekistan is still developing its banking and payment systems [27] - Local e-commerce platforms such as Kaspi and Uzum dominate the market, with specific requirements for cross-border sellers to establish local presence [24][26] - The logistics sector in Kazakhstan is rapidly evolving, with a focus on efficient delivery systems to meet the growing e-commerce demand [26] Group 4: Strategic Opportunities - The geographical proximity of Kazakhstan to China positions it as a strategic hub for trade, especially with the implementation of the Eurasian Economic Union [29] - The high birth rate in Uzbekistan creates a strong market for baby products and family-oriented goods, while the cultural context influences purchasing behavior [19][21] - The rise of social media and influencer marketing in Kazakhstan presents new avenues for e-commerce growth, particularly among younger consumers [10][22]

7月18日下午，商务部就美批准对华销售英伟达H20芯片有关情况答记者问。 有记者问：近日，美方有关官员表示，美批准向中国销售英伟达H20芯片是中美经贸谈判的一部分，目前 华为等中国企业已经生产了等效芯片，美方不希望中方实现国产替代。请问商务部对此有何评论？ 责编： 王璐璐 校对：吕久彪 商务部新闻发言人表示，中美伦敦经贸会谈后，双方保持密切沟通，确认了伦敦框架细节并推进相关落实 工作。中方依法审批符合条件的管制物项出口申请，美方于7月上旬相应取消了会谈涉及的对华限制措 施。 百万用户都在看 刚刚，稳定币法案通过！美联储，降息大消息！ 特朗普，重磅利好！突然，暴涨超45%！ 利好来了！集体宣布：上调！ 见证历史！暴跌19.4%！ 我们注意到，美方近日又主动表示将批准对华销售英伟达H20芯片。中方认为，美方应摒弃零和思维，继 续取消一系列不合理的对华经贸限制措施。 事关降息！美联储，重磅传来！ 王文涛表示，中国吸引外资政策不会变，开放的大门只会越开越大。中国市场规模巨大，应用场景丰富， 创新创造充满活力，希望包括英伟达在内的跨国公司为中国客户提供优质可靠的产品和服务。 黄仁勋表示，中国市场非常有吸引力，英伟达愿同 ...

【文/观察者网 潘昱辰 编辑/高莘】7月17日，猛士M817开启预售，预售价区间32.99万—35.99万元。 猛士M817 猛士 新车最大亮点在于与华为合作，成为首批搭载华为乾崑智驾ADS 4与鸿蒙座舱5的硬派越野SUV。 虽然硬派越野车型在国内较为小众，但猛士M817以高度智能化作为主要差异化卖点，也为市场开辟了 一条新赛道。新车上市后将与路虎卫士、坦克700等车型展开竞争，而华为智能科技的加持将是新车最 大优势之一。 新车信息： 猛士M817的外观棱角分明十分硬派，车辆长宽高分别为5100/1998/1899mm，轴距为3005mm。 猛士M817 猛士 猛士M817首搭鸿蒙座舱5，配备10.25英寸仪表屏、15.6英寸中控屏、W-HUD抬头显示、流媒体内后视 镜、飞航旋钮、后排控制屏，内置华为智能语音系统和丰富的应用生态，。而乾崑车云服务提供的远程 诊断与OTA升级功能，让车辆能始终保持优异状态。 猛士M817 猛士 动力方面，猛士M817搭载"极猛动力"混动系统，采用2挡纵置11模PHEV架构。前驱由东风马赫M纵置 越野专用发动机、前电机集成两挡混动箱组成，后驱电机集成智能可断开技术，系统综合功率5 ...