Core Viewpoint - The stock of Nexperia (01316) has increased by over 6%, currently trading at 7.24 HKD with a transaction volume of 1.52 billion HKD, following the announcement of a new government plan to boost the automotive industry [1] Group 1: Government Policy Impact - On September 13, the Ministry of Industry and Information Technology and seven other departments issued the "Automotive Industry Stabilization Growth Work Plan (2025-2026)", which aims to promote the industrial application of intelligent connected technology [1] - The plan includes advancing the approval and road testing of L3-level vehicles and improving legal regulations related to road traffic safety and insurance [1] Group 2: Industry Trends - Steer-by-wire (SBW) technology is closely related to advanced autonomous driving and can significantly enhance driving safety and comfort [1] - According to Tianfeng Securities, as the penetration rate of L3-level and above autonomous driving increases, the penetration rate of SBW systems is expected to rise correspondingly [1] Group 3: Competitive Landscape - The competitive landscape for SBW technology is currently favorable, with only Nexperia, Bosch, and ZF achieving mass production of steer-by-wire systems [1] - Nexperia holds over 50% of the global market share for steer-by-wire systems [1]

Core Insights - The 2025 China Automotive Industry Development (Teda) International Forum focused on the theme of "Policy Regulations and Key Technological Innovations Driving Intelligent Upgrades" to discuss the development of intelligent connected vehicles in China [1] Group 1: Industry Trends - The automotive industry is transitioning from electrification to intelligentization, with a critical phase of moving from L2 to L5 levels of autonomous driving [1] - The integration of AI, chips, and data technologies is essential for this transition, but challenges remain in policy regulations, standardization, and industry collaboration [1] Group 2: Safety and Standards - Changan Automobile emphasized the importance of safety in intelligent vehicles, proposing a "human factors safety architecture" to enhance user interaction and safety [3] - The China Automotive Technology Research Center reported progress in the standardization of intelligent connected vehicles, with 31 standards in the ADAS field, of which 16 have been completed, including 4 that have transitioned to mandatory standards [4][5] Group 3: Infrastructure and Technology - The telecommunications sector highlighted the need for enhanced network capabilities to support intelligent connected vehicles, focusing on a "four-level computing system" to meet the demands of low latency and high reliability [7] - The demand for high-performance chips is rapidly increasing, with the assembly rate of L2+ and higher advanced driver assistance systems expected to double from 2023 to 2024 [7] - The required computing power for urban navigation has increased from 50-100 TOPS to 300-500 TOPS, while fully autonomous driving (Robotaxi) requires 1000-2000 TOPS [7] Group 4: Application Ecosystem - The forum served as a platform for collaboration among industry, academia, and research, showcasing China's latest achievements in intelligent connected vehicles and promoting the industry's transformation [8]

消息面上，9月13日，工业和信息化部等八部门印发《汽车行业稳增长工作方案(2025-2026年)》，提出 推动智能网联技术产业化应用。推进智能网联汽车准入和上路通行试点，有条件批准L3级车型生产准 入，推动道路交通安全、保险等法律法规完善。 智通财经APP获悉，耐世特(01316)涨超6%，截至发稿，涨6.78%，报7.24港元，成交额1.52亿港元。 据悉，线控转向（SBW）与高阶自动驾驶强相关，可明显提高驾驶的安全性与舒适性。天风证券此前 指出，随L3级及以上自动驾驶渗透率的提升，SBW系统渗透率有望同步提高。SBW竞争格局优，目前 仅耐世特、博世、采埃孚实现线控转向的量产，其中耐世特定点份额达到全球一半以上。 ...

智通财经APP获悉，浙江世宝(01057)涨超10%，截至发稿，涨11.25%，报5.34港元，成交额2.31亿港 元。 另外，近日工业和信息化部等八部门印发《汽车行业稳增长工作方案(2025—2026年)》，强调推进智能 网联汽车准入和上路通行试点，有条件批准L3级车型生产准入，推动道路交通安全、保险等法律法规 完善。方正证券发布研报称，政策端对L3车型的松绑，叠加后续权责划分、智能网联汽车参数等细则 的出台，有望重塑汽车行业竞争逻辑，从单纯的价格战转向价值维度的竞争，智能化将成为车企重要的 差异化竞争优势。 消息面上，浙江世宝近日在投资者互动平台表示，公司的线控转向SBW已获得数个主流整车厂客户定 点，项目开发正在进行中，将根据客户时间表投产。公司官网显示，SBW可支持L3及以上自动驾驶， 可支持底盘集成协调控制。此外，公司表示目前仍聚焦于汽车转向系统一级配套业务，同时也密切关注 产业链延伸机会。 ...

Core Insights - The upcoming World Intelligent Connected Vehicles Conference and Autonomous Driving Future City Carnival will be held in Beijing Economic-Technological Development Area in October [2] - An autonomous driving event titled "Enjoy Technology, Cool Yizhuang" was successfully conducted on September 12-13, showcasing the capabilities of autonomous driving technology [2][5] Group 1: Event Overview - The event attracted over 80 industry professionals and citizens, providing opportunities for technical exchanges and test rides to experience the convenience and charm of autonomous driving technology [2][5] - The exhibition hall at the Beijing High-level Autonomous Driving Demonstration Zone Innovation Operation Center is divided into four areas: Prologue Hall, Technology Hall, Achievement Hall, and Cloud Control Command Hall, each highlighting different aspects of autonomous driving [3] Group 2: Technological Highlights - The Prologue Hall features dynamic videos that outline the development and achievements of the Beijing High-level Autonomous Driving Demonstration Zone [3] - The Technology Hall emphasizes the unique advantages of the integrated vehicle-road-cloud technology route, showcasing practical applications and innovations in six key areas: vehicle, road, cloud, network, map, and safety [3] - The Achievement Hall focuses on real-world applications and the complete industrial chain layout, illustrating the significant value of intelligent connected vehicles as a new productive force [3] Group 3: Public Engagement - The interactive session was lively, with participants discussing safety in autonomous driving and future travel modes, leading to a deeper understanding of smart travel ecosystems [5] - The highlight of the event was the test ride of autonomous minibuses, which demonstrated smooth operation without a driver, impressing attendees with their ability to safely navigate and recognize traffic signals [5] Group 4: Future Initiatives - The Beijing Economic-Technological Development Area plans to continue hosting diverse activities to integrate cutting-edge industrial achievements with cultural tourism, promoting the concept of "Technology Empowering Culture and Tourism" [5] - The goal is to create a new IP for technology and cultural tourism that is visually appealing, interactive, educational, and experiential, injecting new momentum into high-quality development [5]

Market Overview - Major market indices opened higher collectively on September 15, with significant gains in the automotive parts sector, highlighted by Haoen Automotive's stock hitting the daily limit up [1] - The smart driving concept stocks performed strongly, with Zhejiang Shibao and Luchang Technology also reaching the daily limit up [1] - The battery sector saw notable increases, with stocks like Baile Technology and Tianci Materials hitting the daily limit up, while companies like Hunan Youneng and Ningde Times rose over 10% [1] Automotive Industry - The China Automotive Industry Association released the "Supplier Payment Norms Initiative" on September 15, which aims to standardize payment practices within the automotive supply chain [1] - The Ministry of Industry and Information Technology, along with eight other departments, issued the "Automotive Industry Stabilization Growth Work Plan (2025-2026)," promoting the industrial application of smart connected technologies and the trial production of L3-level vehicles [1] Semiconductor Sector - The semiconductor sector showed active performance, with Shanghai Beiling's stock hitting the daily limit up, and other companies like Shengbang Co. and SIRUI Technology rising over 10% [2] New Stock Offerings - Five new stocks are set to be issued this week, with United Power available for subscription on September 15. United Power is a leading player in the new energy vehicle power system sector, focusing on electric drive systems and power systems [3][4] Financing Activities - As of September 12, the total market financing balance reached 2.33 trillion yuan, increasing by 11.28 billion yuan from the previous trading day, marking six consecutive days of growth [5] - Six stocks recorded net financing purchases exceeding 500 million yuan, with Chip Origin leading at 964 million yuan, followed by Cambrian and Luxshare Precision [6][7] Shareholder Activity - In the past five trading days, 26 companies saw significant shareholder increases, totaling 2.37 billion shares and 2.1 billion yuan in value. Nanjing Bank had the highest increase, with 56.78 million shares and 639.34 million yuan [8][9]

沪深京三市半日成交额1.52万亿元，较上日缩量1468亿元。全市场2000超只个股上涨。 国标落地倒计时，预制菜概念爆发 9月15日，罗永浩与西贝餐饮的"预制菜纷争"余波未平，但资本市场已做出反应。同花顺数据显示，预制菜指数涨1.63%，得利斯开盘涨停，国 联水产涨超7%，多股涨超3%。 记者丨 李益文 黎雨桐 编辑丨叶映橙 曾静娇 9月15日，A股三大指数震荡上涨。 截至上午收盘，上证指数早盘上涨8.69点，涨幅为0.22%，报收3879.29点；深证成指上涨137.73点，涨幅为1.07%，报收13061.86点。 创业板 指上涨64.26点，涨幅为2.13%，报收3084.68点，盘中一度突破3100点。 | 上证指数 深证成指 | 北证50 | | --- | --- | | 3879.29 13061.86 | 1619.71 | | +8.69 +0.22% +137.72 +1.07% +18.83 +1.18% | | | 科创50 创业板指 | 万得全A | | 1349.26 3084.68 | 6250.06 | | +11.24 +0.84% +64.25 +2.13% +29.73 ...

Core Viewpoint - The article discusses various ETFs that cater to different investment needs, emphasizing the importance of asset allocation in a volatile market [2][4]. Group 1: ETF Introductions - The "National Enterprise Dividend ETF" (159515) is highlighted as a strong dividend selection [5][8]. - The "Digital Economy ETF" (560800) focuses on core industries within the digital economy, aiming for both growth opportunities and long-term value [8]. - The "30-Year Treasury ETF" (511090) is presented as a long-term asset protector, offering flexible trading and high liquidity [8]. - The "Double Innovation 50 ETF" (588350) tracks technology trends and emerging leaders in the market [8]. - The "500 Quality Growth ETF" (560500) is designed to track the CSI 500 Quality Growth Index, which selects companies with high profitability and sustainable cash flow [12]. Group 2: Market Performance and Trends - As of September 15, 2025, the CSI 500 Quality Growth Index (930939) increased by 0.60%, with notable stock performances including Wanxiang Qianchao (000559) up by 10.05% and Junsheng Electronics (600699) up by 7.74% [11]. - The automotive industry aims for a sales target of approximately 32.3 million units in 2025, reflecting a year-on-year growth of about 3% [11]. - The Ministry of Industry and Information Technology has initiated measures to boost automotive consumption, including support for trade-in programs and the promotion of smart connected vehicle technologies [11]. Group 3: Industry Insights - The demand for energy storage systems in the lithium battery sector remains high, indicating a stable development foundation for the domestic energy storage market from 2026 to 2027 [12]. - Solid-state battery technology is gaining traction, with equipment companies beginning to deliver related devices, suggesting a significant acceleration in the industrialization process of solid-state batteries [12]. - The top ten weighted stocks in the CSI 500 Quality Growth Index account for 21.48% of the index, with East Wu Securities (601555) holding the highest weight at 2.70% [13][15].

Core Insights - The consumption of new energy vehicles (NEVs) has officially surpassed traditional fuel vehicles, becoming the dominant force in the domestic automotive market, with a retail penetration rate of 55.2% in August 2025, marking a historical high [1] - The launch of the Jiashi CSI Hong Kong Stock Connect Automotive Industry Theme Fund aims to provide investors with an efficient way to invest in the new energy vehicle sector, particularly in Hong Kong stocks [1] - The Hong Kong Stock Connect Automotive Index, which the fund tracks, includes 50 listed companies involved in the automotive industry, reflecting the overall performance of the sector [1][2] Industry Overview - The Hong Kong Stock Connect Automotive Index covers the entire automotive supply chain, with a significant focus on electric passenger vehicles, which account for 40.7% of the index, and comprehensive passenger vehicles at 17.1%, together exceeding 50% [2] - The index prioritizes larger market capitalization companies, resulting in a high concentration of leading new energy vehicle manufacturers among its top ten constituents, with the top five accounting for approximately 50% of the weight [4] Key Constituents - The top ten constituents of the index include notable companies such as Xpeng Motors (13.92%), BYD (11.13%), and Li Auto (10.59%), indicating a strong representation of new energy vehicle manufacturers [5] Future Outlook - Analysts predict that the automotive sector will experience a comprehensive valuation uplift due to the new cycle of intelligent connected vehicles, with multiple factors such as anti-involution, assisted driving, solid-state batteries, and internationalization driving the new energy sector [6] - The Jiashi CSI Hong Kong Stock Connect Automotive Industry Theme Fund has a low investment threshold of 1 yuan and does not require a stock account, making it easier for investors to access the new energy vehicle market [6]

【导读】锂电板块开盘走强，汽车零部件板块多股涨停 中国基金报记者 李智 一起来看下最新的市场情况及资讯。 9 月 15 日开盘， A 股三大指数集体高开，随后走势分化，创业板指一度涨超 2% 。截至发 稿，沪指跌 0.02% ，深成指涨 0.95% ，创业板指涨 2.08% 。 从板块上来看，锂电板块开盘走强，智能驾驶概念股表现活跃，汽车及汽车零部件、航运、 创新药等板块涨幅居前；互联网、云计算、钢铁等板块震荡调整。 | | | Wind热门概念指数 | | | | | Wind中国行业指数 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 高送转 | 水产 | 动力电池 | 汽车配件 | 航运 | 电工电网 | 汽车零部件 | 汽车 | 农业 | 海返 | | 2.95% | 2.59% | 2.50% | 2.40% | 2.19% | 3.03% | 2.06% | 1.54% | 1.44% | 1.24% | | 锂电正极 | 锂电负极 | 新能源汽车 | PEEK材料 | CRO | 精细化工 | 食品 | ...