工信部发布2025年汽车标准化工作要点，强化智能网联汽车标准供给。推动 自动驾驶设计运行条件、 自动泊车、自动驾驶仿真测试等标准批准发布及实施，加快自动驾驶系统安全要求强制性国家标准研 制，构建自动驾驶系统安全基线。加快组合驾驶辅助系统和自动紧急制动系统等强制性国家标准制修 订，修订车道保持辅助系统标准，推动倒车辅助等标准研制，提升驾驶辅助产品安全水平。加快LTE- V2X直连通信车载信息交互系统标准宣贯实施，推进列队跟驰、数字钥匙、网联信息辅助等标准制定， 促进网联功能加速应用。推动信息安全工程等标准发布实施，加快推进汽车密码强制性国家标准制定， 完成 数据安全管理体系、 汽车安全漏洞分类分级标准审查，加快重要数据识别标准研制，提升 网络安 全和数据安全保障能力。推进 智能座舱功能评价、交互安全、生物滞留监测等标准研制，完善智能座 舱和人机交互标准体系，开展车用 人工智能标准预研，引领新技术融合应用。 ...

Core Viewpoint - The 21st Shanghai International Automobile Industry Exhibition showcases the latest technological advancements and innovations in the automotive industry, with a focus on intelligent and connected vehicles, highlighting the role of companies like Zhongxin Kezhilian in leading the transformation towards automotive intelligence and connectivity [1]. Group 1: Vehicle Communication Products and Solutions - Zhongxin Kezhilian offers a comprehensive C-V2X full-stack solution, including C-V2X communication modules, C-ITS protocol stack, application scenario software, and testing services [4]. - The DMD3A and DMD5x series C-V2X communication modules have passed rigorous automotive-grade reliability tests and received A-SPICE Level 3 certification, meeting high reliability and stability requirements for automotive applications [4]. - C-V2X hardware and software products have been mass-produced in various fields, supporting applications such as intelligent traffic signal interaction and vehicle beyond-visual-range perception, facilitating the evolution of assisted driving to higher levels of automation [4]. Group 2: Connected Intelligent Driving - In the field of connected intelligent driving, Zhongxin Kezhilian has developed a full-stack intelligent driving solution covering levels L0 to L4, centered around domestically produced chips and a collaborative hardware-software evolution [6]. - The C-V2X connected intelligent driving domain controller solution enhances driving safety and traffic coordination efficiency with capabilities for "beyond-visual-range, early perception, and early braking" [6]. - The high-performance computing platform and open software architecture of the domestic high-computing intelligent driving domain controller enable autonomous and controllable intelligent driving production [6]. Group 3: Intelligent Cockpit - Zhongxin Kezhilian has established an innovative solution system for intelligent cockpits, focusing on domestic technology and supporting multi-modal interaction to create differentiated intelligent experiences for automotive companies [8]. - The multi-modal interactive cockpit integrates voice, gesture, touch, and scene perception engines, providing personalized user experiences based on individual preferences and habits [8]. - The full-scene safety closed-loop solution integrates cockpit and parking domain hardware, supporting functions like automatic parking and driver monitoring, achieving comprehensive intelligent management from cockpit to parking [8]. Group 4: Future Vision and Market Position - Zhongxin Kezhilian is actively building a full-stack solution for intelligent connected vehicles with core intellectual property, addressing the industry's urgent needs for safety, efficiency, and experience [10]. - The company aims to contribute to the development of an autonomous and controllable intelligent connected new energy vehicle ecosystem, driving the success of the automotive industry's new four modernizations [10].

在汽车产业向智能化、网联化加速转型的浪潮下，试验场正成为行业发展不可或缺的一环。记者近日实 探中汽股份（301215）旗下长三角（盐城）智能网联汽车试验场（以下简称"试验场"）发现，这个斥资 15亿元打造的项目，不仅填补了国内智能网联汽车系统性验证平台的空白，更以全球首个智能网联隧 道、智能网联复杂环境多维模拟平台等多个首创性设施，构建起覆盖"车-路-云-网-图"的立体化验证体 系。该项目不仅面向汽车，更涵盖了综合能源站、低空飞行器等交通环境的参与者，俨然是未来交通 的"仿真社会"。 《中汽股份"十四五"发展规划》明确，公司将围绕智能网联汽车试验"三支柱"法，努力构建"仿真-场地- 道路"全景技术服务能力。未来，试验场将如何围绕打造世界一流汽车研发测试平台和全球智能交通系 统"中国样本"付诸实践？带着这些关键问题，记者专访了中汽股份总经理张子鹏。 证券时报记者：试验场的建设初衷是什么？随着试验场建成并实现常态化运营，它展现了哪些亮点？ 张子鹏：在试验场建成之前，我国缺少一个大型、综合测试平台，来解决智能网联汽车正式上路前的各 种问题，突出的问题有技术难以验证、迭代更新较慢等。 2020年，中汽股份敏锐地捕捉到 ...

帮助整个产业能够真正在生态层面上实现自主可控。 本文为IPO早知道原创 作者｜ Stone Jin 微信公众号｜ipozaozhidao 据 IPO早知道消息， 北京市辰至半导体科技有限公司（以下简称 "辰至半导体"） 日前 携 C1芯片亮 相 2025上海国际车展。 | 一。 C1家族：汽车网络处理器 | 车规型号 | MPU Cores | MCU Cores | SRAM MByte | PCle Lanes | | --- | --- | --- | --- | --- | --- | | | C1Q312 (中央域控) | 8 | 8 | 20 | 4 | | C1Q312 | C1Q212 (低成本) | 4 | 6/8 | 15 | 4 | | | C1Q101 (区域控制) | 0 | б | 15 | 2 | 辰至半导体 专注于 ASIL-D级车规芯片的研发设计 ，其日前点亮的 C1芯片 作为一款 国产中央域控 芯片，具备高算力、低功耗、丰富的通信接口、高带宽、低延时等性能指标 ，填补国产化空白。 除智能汽车这个领域外， C1芯片 未来还可应用至工控、低空经济、机器人等领域。 在本次上海车展 ...

今年一季度，长三角汽车生产马力全开。根据国家统计局公布的最新数据，1—3月，沪苏浙皖汽车产量 分别为37.04万、52.16万、38.72万、76.17万辆，三省一市汽车产量累计达204.09万辆。另据中国汽车工 业协会数据，2025年1—3月，我国汽车产销分别完成756.1万辆和747万辆。这意味着，全国每生产4辆 汽车，就有1辆来自长三角地区。 产业链长、关联度高、带动性强，汽车产业是国民经济的重要支柱产业，市场需求广阔，同时也伴随着 激烈的市场竞争。作为中国经济最活跃也是汽车产业链最齐全的区域之一，冲刺开局后，紧盯全年目 标，长三角区域汽车产业何以竞速争先？ 谋变产业布局，锻造汽车制造"黄金三角" 放眼全国，2024年，汽车产量位次前十的省份分别是广东、安徽、重庆、江苏、山东、上海、陕西、浙 江、吉林和湖北，产量分别达570.74万、262.03万、254.01万、225万、183.81万、180.75万、175.35万、 169.22万、150.7万和138.91万辆。 记者注意到，自2016年始，广东的汽车产量一直保持全国第一。但今年一季度开局，却有变化——1—2 月，安徽和广东的汽车产量分别是44 ...

近年来，随着中国品牌汽车的崛起，外资汽车的市场份额被压缩。公开数据显示，中国品牌乘用车 的市场份额从2020年的38.4%提升至2024年的65.2%。2020年外资汽车品牌在中国市场的份额为64%左 右，2024年下降至37%～39.5%。两者几乎是掉换了位置。 中国是全球第一大汽车消费市场，每年3000多万辆的销量，全球找不到第二个单一市场能够消化这 么大的销量。失去中国市场，外资汽车企业将失去一大块利润。近段时间以来，外资汽车企业随着中国 市场的变化也在调整。 外资汽车品牌势微 若干年前，外资品牌汽车不愁销路，每款新车上市都受到不少消费者的热烈追捧。然而，随着中国 品牌汽车崛起，外资品牌市场份额被压缩，有的甚至关门大吉，撤出中国市场。整体上，外资汽车品牌 势微已是不争的事实。 大众汽车是中国市场规模最大的外资汽车企业，不仅有合资的南北大众，还有与江淮汽车共同出资 的合资汽车企业，多年来，大众汽车销量占据中国市场头把交椅。中国市场对大众汽车而言，极为重 要，不仅为大众汽车输出了大量的利润，也为大众汽车占据全球销量榜单前列做出了贡献。 据大众汽车财报数据显示，2024年，大众汽车集团全球销量为902.74万 ...

Core Viewpoint - The 2025 Shanghai Auto Show emphasizes "safety" as a central theme, reflecting regulatory pressures, industry standards, and consumer awareness regarding technology boundaries [1][2][3] Regulatory Environment - The Ministry of Industry and Information Technology held a meeting to enforce regulations against exaggerated and false advertising by automakers, requiring clear definitions of system functionalities and safety measures [1] - The China Automobile Industry Association and the China Automotive Engineering Society issued a joint statement urging companies to adhere strictly to the "Automated Driving Classification" to avoid misleading representations [1] Consumer Behavior - Consumers are shifting their focus from "cool features" to "actual reliability" when purchasing vehicles, demanding transparency and accountability from automakers regarding legal responsibilities [2] - Sales personnel report that customers are increasingly asking for written commitments regarding the functionalities of vehicles [2] Industry Response - Automakers are adjusting their marketing strategies, with the term "autonomous driving" nearly disappearing in favor of more cautious language like "assisted driving" [2] - Companies are showcasing safety through redundancy designs and scenario validations rather than merely competing on hardware specifications [3] Safety Initiatives - Various companies, including Huawei and several automotive groups, have launched initiatives to promote safety in intelligent driving technologies, emphasizing that safety is fundamental to the industry's long-term development [3] - The establishment of safety technology laboratories and public demonstrations of safety features are part of efforts to build consumer trust [3] Future Outlook - The competition in the automotive industry is shifting from storytelling to making reliable commitments, with future winners likely to be those who effectively balance safety redundancy, data integrity, and cost control [3]

Group 1: Event Overview - The 2025 Shanghai International Automobile Exhibition opened with the theme "Embrace Innovation, Win the Future," attracting nearly 1,000 exhibitors from 26 countries and regions, marking the largest scale in history [1][2] - The exhibition covers over 360,000 square meters, featuring more than 100 global debut models and hosting 193 press conferences, with an expected total visitor count of 1.3 million [1] Group 2: Industry Trends - The exhibition highlights the automotive industry's shift towards intelligent mobility, showcasing advancements in assisted driving and smart cockpit technologies that enhance consumer experiences [1][3] - Nearly 80% of the new vehicles unveiled are electric models, indicating car manufacturers' accurate predictions of market trends [3] Group 3: AI Integration - AI technology is deeply integrated into the automotive industry, with significant applications in smart vehicles, as noted by industry leaders [3][4] - Companies like Xiaopeng Motors are developing AI systems that aim to surpass human capabilities in complex reasoning and driving assistance [5] Group 4: International Participation - The number of foreign visitors at the exhibition has significantly increased, with over 2,000 overseas business representatives attending on the first day [6] - Foreign automakers such as Volkswagen, Mercedes-Benz, and BMW are actively engaging in the Chinese market, emphasizing their commitment to innovation and local development [7][8] Group 5: Future Outlook - The exhibition is seen as a milestone for China's transition from a major automotive nation to a strong automotive power, providing a "Chinese solution" for global industry transformation [8]

中汽股份 20250427 摘要 • 中汽股份 2024 年营收突破 4 亿元，同比增长约 12%，净利润稳步增长约 1%，扣非后净利润增长约 4.67%。毛利率稳定在 70%左右，净利率在 40%左右。经营活动净现金流 2.43 亿元，资产负债率约 16%。 • 2025 年一季度，公司营收 8,801.73 万元，同比增长近 30%；归母净利 润 2,897.63 万元，同比上升 24%。但二期项目投入运营前期固定成本消 化影响毛利率有所下降。 • 长三角盐城智能网联汽车实验场于 2024 年 7 月逐步投入使用，具备飞行 汽车测试能力，并建设越野车路等新场景，预计年底投入使用，将成为公 司新的增长点。 • 公司与国内 60%的新势力及新能源企业、60%的中国品牌乘用车客户以 及 35%的国内外主流商用车轮胎企业保持合作。 • 公司围绕智能网联汽车构建仿真场地与道路全场景测试服务能力，提供从 虚拟仿真测试到实车封闭测试，再到开放道路测试的一体化服务。 • 预计 2025 年管理费用、销售费用和财务费用不会有显著变化。智能网联 项目转固后，预计 2025 年全年折旧大约在 4,000 万到 5,000 万之 ...

Summary of Fuda Co., Ltd. Conference Call Company Overview - Fuda Co., Ltd. reported a remarkable performance in Q1 2025, with a year-on-year growth rate of 339%, significantly surpassing the typical seasonal performance of the automotive industry, driven by capacity expansion and improvement in commercial vehicle business [2][3] Key Financial Metrics - Revenue for Q1 2025 reached approximately 470 million yuan, with a non-recurring net profit of 65.51 million yuan, reflecting a 112% year-on-year increase [3] - The net cash flow from operating activities was about 198 million yuan, showing a 339% increase year-on-year [3] - Gross margin for Q1 2025 was 27.1%, and net profit margin was around 14%, attributed to enhanced production efficiency and improved commercial vehicle business [2][8] Strategic Business Moves - The company decided to sell its 51% stake in Fuda's second subsidiary to optimize its business structure, focusing on strategic areas such as intelligent connected vehicles, new energy vehicles, and core components for robotics [2][4][7] - The sale is expected to positively impact Fuda's profits in 2025, with a total transaction amount of 96 million yuan, generating over 10 million yuan in balance sheet premium and more than 90 million yuan in profit statement gains [2][7] Capacity and Production - As of April 2025, Fuda's annualized capacity reached over 3.3 million sets, with expectations to increase to around 4.2 million sets by the end of the year [4][9] - The company has been operating at full capacity, with a production model that allows for quick adjustments to meet different customer demands, particularly in hybrid vehicle models [10] Robotics Business Development - Fuda's robotics business is advancing on two fronts: the self-developed planetary reducer, which is expected to start receiving orders in 2025, and a partnership with Changqing Technology to produce planetary roller screws [6][12] - The company has signed a confidentiality agreement with a sales company and has delivered the first batch of samples for the planetary reducer [6] Market Position and Future Outlook - Fuda is focusing on expanding its market share in the European market, with significant increases in export volumes expected in 2025 [14] - The company is strategically positioning itself to maintain flexibility for rapid expansion while ensuring resource optimization through the sale of non-core assets [15][16] Competitive Landscape - The robotics market is viewed as being in its early stages, with ongoing technological iterations expected. Fuda believes that its strong equipment capabilities will provide a competitive edge in cost and quality [13] - The company is committed to focusing on core areas such as passenger vehicles, new energy electric drive gears, and core components for robotics, aiming to leverage its strengths in these sectors for future growth [12][13]