Group 1 - Nvidia has launched an open-source vision-language-action model, Alpamayo 1, for autonomous driving, featuring 10 billion parameters and a significant breakthrough in openness, providing complete development resources from data to deployment [1] - The model is an inference-based VLA that can reason causal relationships before decision-making, predict intentions of others, and handle multi-step decisions, resulting in a 12% improvement in planning accuracy, a 37% increase in action consistency, and a 25% reduction in collision rates [1] - Nvidia's DRIVE system is entering mass production, with the first model being the new Mercedes CLA, set to hit the roads in the US in 2026, and plans to test Robotaxi services in collaboration with partners in 2027 [1] Group 2 - The open-source end-to-end model is expected to reconstruct the intelligent driving ecosystem, further lowering the threshold for Level 4 (L4) autonomous driving, with recommendations for Robotaxi algorithm companies such as Xiaoma and Wenyuan, and attention on unmanned mining vehicle targets like Xidi Zhijia and Boleton, as well as the upcoming listing of Yikong Zhijia [2] - Recommended components for safety redundancy include steering systems from Cybercab's exclusive supplier, Nexperia, braking systems from Bertley and Ruikem, lidar from Hesai and Suteng, and chips from Horizon and Black Sesame [2] - In addition to intelligent driving, Nvidia's Isaac platform and GR00T basic module development cover various types of robots, including industrial, humanoid, and consumer-grade, with a positive outlook on the resonance between intelligent driving and robotics domain control companies like Kobot, Desay SV, and Jingwei Hengrun [2]

Core Viewpoint - NVIDIA's CEO Jensen Huang presented significant advancements in AI and computing technology at CES, highlighting the launch of the Vera Rubin chip and its applications in AI Agent and Physical AI [2][4]. Group 1: Vera Rubin Chip and Cabinet - The Vera Rubin chip has entered mass production, consisting of six types of chips, including Vera CPU with 227 billion transistors and support for 1.8 TB/s NVLink-C2C connections [2]. - The Rubin GPU features 336 billion transistors with HBM4 bandwidth reaching 22 TB/s, and single GPU NVLink interconnect bandwidth of 3.6 TB/s [2]. - The overall transistor count in the Rubin cabinet is 1.7 times higher than previous generations, with peak inference performance increasing by 5 times and training performance by 3.5 times [3]. Group 2: Design and Storage Enhancements - The Rubin computing board adopts a cable-free design, significantly improving assembly efficiency, reducing assembly time from 2 hours to 5 minutes [3]. - A new storage system, the NVIDIA Context Memory platform, has been introduced, featuring a separate rack that enhances cluster storage capacity and processing capabilities [3]. Group 3: Advancements in AI Technology - NVIDIA introduced the Alpamayo model, a 10 billion parameter visual-language-action model aimed at enhancing autonomous driving capabilities [4]. - The transition to Agentic AI represents a significant shift towards autonomous action, utilizing multi-model and multi-modal systems to create reasoning chains [4]. - The Physical AI platform integrates training, simulation, and inference processes, aiming to accelerate the deployment of Level 4 autonomous driving technology [4]. Group 4: Investment Recommendations - The CES showcase indicates a substantial upgrade in NVIDIA's VR platform, suggesting investment opportunities in the GPU sector and related hardware components [5]. - Attention is recommended for domestic computing power manufacturers and companies involved in advanced manufacturing, packaging, and HBM technologies [5].

Core Insights - The article discusses the evolution of autonomous driving technology in 2025, marking a transition from research to practical implementation, with significant advancements in various technical areas [2][3]. Group 1: Industry Trends - The year 2025 is characterized as a turning point for autonomous driving, with technologies like BEV perception, multi-sensor fusion, and trajectory prediction reaching maturity [2]. - The competition in the smart electric vehicle sector is intensifying, with companies like Horizon, Xiaomi, and Li Auto making notable advancements [4][22]. Group 2: Company Highlights - Horizon has made significant strides with its HSD technology, showcasing high potential in end-to-end solutions and innovative approaches like GoalFlow and ResAD [9]. - Xiaomi's autonomous driving development has rapidly progressed, with a team exceeding 1000 members and a series of iterative improvements leading to the release of HAD enhanced version [10][11]. - Li Auto has established itself in the domestic autonomous driving tier, although it faces challenges in transitioning from range-extended to pure electric vehicles [13]. - Xiaopeng Motors experienced a rebound in sales, doubling its volume to nearly 430,000 units in 2025, driven by the successful launch of VLA 2.0 technology [14]. - Bosch is actively investing in both research and production lines, focusing on end-to-end solutions and enhancing its engineering capabilities [16]. Group 3: Future Outlook - The competition in the smart electric vehicle market is expected to become more fierce in 2026, with a shift towards L3 and L4 autonomous driving technologies gaining traction [22][23].

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ | 全部板块 | | 无人驾驶 √ | 行业板块 v | | 地域板块 v | 指标股 | 大盘风向 | | --- | --- | --- | --- | --- | --- | --- | --- | | | 无人驾驶板块个股共有 390 只。 | | | | | | | | | 代码 | 名称 | 涨幅% √ | 现价 | 主力净量 | 主力净流入 | 涨跌 | | 1 | 920092 | 汉鑫科技 | +29.99% | 48.89 | 7.17 | 1.05亿 | 11.28 | | 2 | 300552 | 万集科技 | +20.01% | 37.66 | 4.34 | 2.17 亿 | 6.28 | | ਤੇ | 301016 | 雷尔伟 | +20.01% | 26.51 | 0.96 | 5129.52万 | 4.42 | | 4 | 300627 | 华测导航 | +16.13% | 42.33 | -0.08 | -2984.66 ... | 5.88 | | 5 | 301488 | 豪恩汽电 | +12.93 ...

Core Insights - WeRide has announced its Robotaxi GXR as the world's first Robotaxi equipped with NVIDIA DRIVE Thor X chip, achieving fully autonomous commercial operations in China and the UAE [1][7] - NVIDIA's CEO Jensen Huang highlighted the future of autonomous driving, predicting that most cars will be autonomous in the next decade, with WeRide being a key player in this global L4 autonomous driving ecosystem [3][5] Group 1: Technology and Infrastructure - WeRide collaborates with Lenovo to develop the HPC 3.0 high-performance computing platform, which utilizes dual NVIDIA DRIVE AGX Thor configurations, providing 2000 TOPS AI computing power to meet L4 autonomous driving requirements [5][7] - The HPC 3.0 platform has significantly reduced the production cost of autonomous driving systems, lowering the price to one-fourth of previous generations and cutting the total cost of ownership (TCO) by 84% [5][7] Group 2: Market Deployment and Operations - The Robotaxi GXR has been deployed in multiple cities including Beijing, Guangzhou, Singapore, Abu Dhabi, Dubai, and Riyadh, marking it as the first Robotaxi to operate commercially in China and the UAE [7][9] - In Guangzhou, each GXR can complete up to 25 trips per day, while in Beijing, it can achieve 23 trips during operational hours; the fleet in Abu Dhabi has quadrupled since the start of operations in December 2024 [10] - WeRide aims to deploy hundreds of thousands of Robotaxis globally by 2030, continuing its partnership with NVIDIA to enhance commercial applications and provide safe and reliable transportation solutions [10]

Market Overview - The Hong Kong stock market indices showed strong performance, with the Hang Seng Index rising by 1.38% to close at 26,710.45 points, and a total trading volume of HKD 2,917.58 million [1] - The government policies and support from the "national team" are expected to stabilize the Hong Kong stock index, making it a favorable time for investment [1] Blue-Chip Stocks Performance - China Hongqiao (01378) led the blue-chip stocks with a 6.14% increase, closing at HKD 35.26, contributing 10.84 points to the Hang Seng Index [2] - Other notable performers included JD Health (06618) up 5.41%, China Ping An (02318) up 4.96%, while Hengan International (01044) and Alibaba-W (09988) saw declines of 2.57% and 1.31% respectively [2] Sector Highlights - Large technology stocks showed mixed results, with financial stocks, particularly Chinese brokerage firms, performing well [3] - The non-ferrous metals sector was strong, with significant gains in gold and copper stocks [4] - The commercial aerospace sector saw a rise, with companies like Goldwind Technology and JunDa Co. experiencing notable increases [6] Investment Opportunities - The capital market is expected to maintain a strong performance in 2026, with brokerage firms likely to benefit from a relatively low valuation environment [4] - The non-ferrous metals sector is anticipated to continue its upward trend due to tight supply conditions and rising prices [5] - The autonomous driving sector is gaining traction, with companies like NVIDIA and their partnerships driving demand for related technologies [6] Notable Stock Movements - Xindong Company (02400) saw a 6.04% increase following the announcement of a large share buyback plan [7] - Hesai Technology (02525) rose 5.9% after being selected as a lidar partner for NVIDIA's platform and announcing a significant increase in production capacity [8] - Cathay Pacific (00293) faced pressure, with a 2.6% decline due to a share placement by China National Aviation [9]

Core Viewpoint - The company is engaged in the development of EPS (Electric Power Steering) motors, which are critical components for steering execution in L3 and L4 autonomous driving vehicles, highlighting the increasing importance of steering systems in the context of advanced driving technologies [1]. Group 1: Company Collaboration and Projects - The company has been asked about potential collaborations with steering system suppliers like Zhejiang Shibao for L3 autonomous driving projects [1]. - Currently, the company has established EPS motor projects for domestic and international autonomous vehicle models, but these projects have not yet entered the mass production stage [1]. Group 2: Technical Specifications and Market Position - The EPS motor significantly influences steering control precision, response, and safety, with L3 and L4 autonomous driving requiring higher safety levels and performance compared to traditional vehicles [1]. - The steering commands in L3 and L4 vehicles can originate from the autonomous driving controller, indicating a shift from traditional vehicle steering systems [1].

【导读】大涨的一天啊 兄弟姐妹们啊，今天的A股，高开高走，沪指直接收在了最高点，4000不仅没有成为收费站，反而成为 了加油站！相信你们再也没有借口说今天亏钱了吧！ 商业航天继续活跃，北斗星通（002151）、中国卫通（601698）6天4板。 A股暴涨 1月6日，上证指数再度收出阳线，实现日线13连阳。值得注意的是，在今天再度收出阳线后，上证指数 已创出史上最长连阳纪录。市场全天成交超2.8万亿元，较上个交易日放量超2600亿元，两市超4000股 飘红。 截至收盘，沪指涨1.5%，深成指涨1.4%，创业板指涨0.75%。 两市共4108只个股上涨，13只个股涨停，1222只个股下跌。 | 880005 张跌家数 | | | | --- | --- | --- | | 日中 | 涨停 | 143 | | 涨幅 | > 7% | 224 | | 涨幅 | 5-7% | 168 | | 涨幅 | 3-5% | 417 | | 涨幅 | 0-3% | 3299 | | 跌幅 | 0-3% | 1110 | | 跌幅 | 3-5% | 84 | | 跌幅 | 5-7% | 20 | | 跌幅 | > 7% | 8 | ...

Core Viewpoint - The A-share market experienced a significant surge, with the Shanghai Composite Index closing at its highest point, marking a record of 13 consecutive days of gains [3][5]. Market Performance - On January 6, the Shanghai Composite Index rose by 1.5%, the Shenzhen Component Index increased by 1.4%, and the ChiNext Index gained 0.75% [3]. - The total market turnover exceeded 2.8 trillion yuan, an increase of over 260 billion yuan compared to the previous trading day, with more than 4,000 stocks rising [3][4]. Stock Highlights - The brain-computer interface concept stocks continued to rise, with companies like Sanbo Brain Science and Innovation Medical reaching their daily limit [4]. - Financial stocks, including Huashan Securities and Hualin Securities, also saw significant gains, with both stocks hitting their daily limit [6]. - The non-ferrous metal sector strengthened, with companies like Luoyang Molybdenum and Zijin Mining reaching historical highs [7]. Sector Trends - The commercial aerospace sector remained active, with Beidou Star and China Satellite Communication achieving multiple daily limit increases [8]. - The autonomous driving sector saw a batch of stocks hitting their daily limit, driven by Nvidia's announcement of new AI models and tools aimed at accelerating the development of autonomous vehicles [9][10]. Nvidia's Developments - Nvidia introduced the Alpamayo vehicle platform at CES, which allows cars to perform reasoning in real-world scenarios, enhancing autonomous driving capabilities [11][12]. - The first vehicles equipped with Nvidia technology are expected to hit the roads in the US in the first quarter, followed by Europe in the second quarter and Asia later in the year [12][13].

（文章来源：每日经济新闻） 汽车ETF（516110）跟踪的是800汽车指数（H30015），该指数从中国A股市场中选取涉及整车制造、 零部件供应等汽车产业链上下游的上市公司证券作为指数样本，以反映汽车行业相关上市公司证券的整 体表现及其发展趋势，具有较强的行业代表性。 1月6日，汽车ETF（516110）涨超1.3%，资金面看，连续4日迎资金净流入，政策与自动驾驶进展提振 行业预期。 东吴证券指出，2026年汽车零部件行业受国内总量影响，Beta整体较弱，但结构性机会优于总量机会， 存量市场需寻找穿越周期的α，优选高竞争力带来市占率提升的产品型公司及内生外延切入高价值赛道 的企业。全球化趋势下，优先布局欧洲/北美/东南亚产能的零部件企业成长性和抗风险能力显著提升， 随着盈利修复与客户深耕，有望在2026-2030年发展为全球Tier1或平台型龙头。机器人领域与人形机器 人相关的执行器、减速器等供应链受益，技术同源且制造协同的汽零龙头具备优势。 ...