近期国内围绕游艇产业密集发布了不少鼓励性政策。1月底，国务院办公厅印发《加快培育服务消费新 增长点工作方案》，首条政策便大篇幅部署"促进游艇消费高质量发展"；随后国新办发布会上，交通运 输部明确表示，正加快研究制定《扩大游艇消费的若干措施》。在此之前，多部委已连续出台《关于加 快邮轮游艇装备及产业发展的实施意见》等多项支持文件。 据官网介绍，Sea Expandary定位为全球领先的绿色智能游艇全产业生态，将面向全球市场，构建集研 发设计、制造、全球销售、游艇会服务及海洋科考综合服务为一体的全链条游艇产业，为全球游艇客户 提供顶级产品与服务。 据介绍，中国游艇消费的发展空间非常大。中国服务零售从2023年20%的同比增速快速回落到2025年8 月份的5.1%左右，释放服务消费潜力需要尽快找到新的抓手。而根据交通运输协会邮轮游艇分会的数 据，2024年中国游艇保有量在4.5万艘左右（含未登记注册的钓鱼艇、帆船），游艇泊位近1.5万个，远 低于美国的1167万艘，未来游艇消费市场的潜力极大。 近日，刘强东宣布已经创立独立游艇品牌Sea Expandary，将在广东投资50亿元布局游艇产业。刘强东 表示希望未来能造 ...

引发热议的报告采用了明确的统计口径：仅统计第三方供应商。但却在统计过程中有意区分华为的"五界"与"三境"，将最走量的鸿蒙智行车型剔除在外， 只统计华为HI模式的阿维塔、极狐等，造成有利于个体的假象。 跨越春节长假，2026高阶智驾行业依旧战火不歇。 究其源起，来自一份第三方供应商城市NOA研究报告。这份报告被不同势力反复拆解，最终演变成一场关于"谁是智驾第一"的舆论混战。 报告通过特定的修饰语，在搭载量上构建了一个国产智驾"双强"新格局，打破公众对于华为智驾领先的既有认知，也让处于焦虑中的腰部厂商看到了重夺 话语权机会。 但单纯的搭载量真的能代表智驾市场的真实格局吗？很明显不是。大量车型搭载了名义上的城市NOA功能，但这往往只是为了填满配置表。 另一边，随着特斯拉FSD入华的可能性以及AI大模型技术的爆发，智驾行业正经历剧烈的洗牌。纯软件算法的第三方供应商或纯硬件厂商的生存空间被大 幅压缩，行业共识是最终只能剩下2-3家头部玩家。具备芯片+算法+工具链全栈能力的软硬一体化玩家正在掌握核心话语权。 想要看清牌局，需要剥离掉那些复杂的定语，将目光投向更底层的算力与算法底座。我们会发现，中国智驾并非完全优势在我的" ...

站长之家（ChinaZ.com）2月24日 消息:小米集团创始人雷军今日通过社交平台宣布，新一代小米SU7 将推出全新车漆颜色"赤霞红"，并直言"这仍是一台值得期待的Dream Car，必将为小米带来马年开门 红"。 据官方信息，新一代SU7已于1月初启动小订，预售价区间为22.99万-30.99万元，计划于2026年4月正式 上市。作为小米汽车年度旗舰，新车在智能驾驶领域实现跨越式升级:全系标配激光雷达、700TOPS算 力芯片、4D毫米波雷达及Xiaomi HAD端到端辅助驾驶系统，可实现高速领航、城市导航辅助等高阶功 能。 续航表现方面，标准版与Pro版基于752V碳化硅高压平台打造，其中Pro版CLTC工况续航达902公里;顶 配Max版则采用897V高压平台，配合小米自营充电桩可实现"充电15分钟，续航670公里"的补能效率， 常温实测数据较现款提升23%。 ...

Company Overview - Huayi Technology Group Co., Ltd. (referred to as Huayi Technology) has submitted a listing application to the Hong Kong Stock Exchange, with Agricultural Bank of China International as its sole sponsor [1] - The company is a leading provider of intelligent powertrain testing solutions for new energy vehicles in China, holding a market share of 7.9% as of 2024 [4][20] Business Segments - Huayi Technology operates through three main business segments: powertrain testing services for new energy vehicles, intelligent driving, and intelligent testing equipment for powertrains [4] - The powertrain testing services cover the entire automotive value chain, providing integrated testing, engineering consulting, and technical development services [5] - The intelligent driving segment includes testing services and high-precision positioning products to support intelligent perception systems [7] - The company also offers intelligent end-of-line (EOL) testing equipment for core components such as engines and electric drive systems [6] Financial Performance - The company's revenue for the years ending September 30, 2023, 2024, and 2025 is projected to be approximately RMB 352 million, RMB 423 million, and RMB 386 million, respectively [9] - The company reported losses of RMB 15.91 million, RMB 45.75 million, and RMB 29.70 million for the same periods [10] - Gross profit margins are expected to decline from 39.5% in 2023 to 21.7% in 2025 [12] Market Overview - The global market for automotive powertrain intelligent testing solutions is projected to grow from approximately RMB 35.9 billion in 2020 to RMB 38.2 billion in 2024, with a compound annual growth rate (CAGR) of 1.6% [14] - In China, the market for automotive powertrain intelligent testing solutions is expected to increase from RMB 5.7 billion in 2020 to RMB 7.6 billion in 2024, with a CAGR of 7.5% [16] - The market for intelligent testing solutions for new energy vehicle powertrains in China is anticipated to grow significantly, from RMB 1.3 billion in 2020 to RMB 3.7 billion in 2024, reflecting a CAGR of 29.9% [18] Competitive Position - As of 2024, Huayi Technology ranks as the third-largest provider of intelligent testing solutions for new energy vehicle powertrains in China, with a market share of 7.9% [20][22] - The top five companies in this market collectively hold approximately 47.6% of the market share [22] Board of Directors - The board of directors will consist of nine members, including four executive directors, one non-executive director, and four independent non-executive directors [23]

Core Viewpoint - Shanghai Huayi Technology Group Co., Ltd. (Huayi Technology) has submitted its listing application to the Hong Kong Stock Exchange, with Agricultural Bank of China International as its sole sponsor [1]. Company Overview - Huayi Technology is a leading and globally competitive provider of powertrain testing solutions for electric vehicles in China, offering integrated testing, engineering consulting, and technical development services across the automotive value chain [4]. - The company operates through three main business segments: powertrain testing services for electric vehicles, intelligent driving, and smart testing equipment for powertrains [4]. Financial Performance - The company's revenue for the years ending September 30, 2023, 2024, and 2025 is approximately RMB 352 million, RMB 423 million, and RMB 386 million, respectively [9]. - The company reported losses of RMB 15.91 million, RMB 45.75 million, and RMB 29.70 million for the same periods [10]. - Gross profit margins for the years ending September 30, 2023, 2024, and 2025 are 39.5%, 26.7%, and 21.7%, respectively [12]. Market Overview - The global market for automotive powertrain intelligent testing solutions is projected to grow from approximately RMB 35.9 billion in 2020 to RMB 38.2 billion in 2024, with a compound annual growth rate (CAGR) of 1.6% [13]. - The Chinese market for automotive powertrain intelligent testing solutions is expected to increase from RMB 5.7 billion in 2020 to RMB 7.6 billion in 2024, with a CAGR of 7.5% [16]. - The market for intelligent testing solutions for electric vehicle powertrains in China is anticipated to grow significantly, from RMB 1.3 billion in 2020 to RMB 3.7 billion in 2024, reflecting a CAGR of 29.9% [18]. Competitive Position - In 2024, Huayi Technology is positioned as the third-largest provider of intelligent testing solutions for electric vehicle powertrains in China, holding a market share of 7.9% [20]. - The top five companies in this market collectively account for approximately 47.6% of the total market share [22].

| 纂的[编纂]數目 | ። | [编纂]股H股(視乎[编纂]行使與否而定) | | --- | --- | --- | | [编纂]數目 | = | [编纂]股H股(可予[编纂]) | | [编纂]敬目 | = | [编纂]股H股(可予[编纂]及視乎[编纂]行使與否 | | | | 而定) | | 最高[编纂] | ። | 每股H股[編纂]港元,另加1.0%經紀佣金、 | | | | 0.0027％證監會交易徵費、0.00015%會財局 | | | | 交易徵費及0.00565%聯交所交易費(須於申請 | | | | 時以港元繳足及可予[编纂]) | | 面值 | u v | 每股H股人民幣1.00元 | 智通财经APP获悉，据港交所2月24日披露，上海华依科技集团股份有限公司(简称：华依科技)向港交所 主板递交上市申请书，农银国际为其独家保荐人。招股书显示，华依科技(688071.SH)是中国领先并具 有全球竞争力的新能源汽车动力总成测试平台。公司透过三个主要业务分部进行营运。新能源汽车动力 总成测试服务在自有测试设备的支持下，于整个汽车价值链中提供一体化的测试、工程咨询及技术开发 的服务。公司的智能驾驶 ...

Core Viewpoint - Fuyao Glass has no current plans to enter the touch display market for cockpit instrument panels but has developed technology for touch display applications in automotive windows [1] Group 1: Company Strategy - Fuyao Glass will continue to focus on the automotive glass business while integrating sound, light, and electricity technologies [1] - The company aims to enhance safety and comfort features while gradually incorporating sensors, displays, and dimming functions into its glass products [1] Group 2: Industry Position - Fuyao Glass is positioning its glass products as essential components for the development of intelligent driving and smart cockpit technologies [1]

（文章来源：证券日报） 本报讯 2月24日，黑芝麻智能国际控股有限公司（以下简称"黑芝麻智能"）正式宣布，其与国汽智控 （北京）科技有限公司（以下简称"国汽智控"）的战略合作迎来关键里程碑。双方基于黑芝麻智能华山 A2000全场景通识辅助驾驶计算芯片联合打造的智能驾驶解决方案，成功斩获国内某头部车企智能驾驶 项目定点，覆盖L2+至L3级全场景智能驾驶功能。 据介绍，这是华山A2000芯片发布以来首个公开的量产方案定点，标志着该芯片平台正式迈入规模化落 地阶段。双方将围绕高速领航、城区领航、智能泊车等核心功能开展联合开发与深度技术优化，首批搭 载该方案的量产车型预计于2026年内实现量产。 ...

Group 1 - The Hong Kong stock market experienced a strong rebound on February 23, with major indices rising significantly, including the Hang Seng Index up by 2.53% to 27,081.91 points and the Hang Seng Tech Index up by 3.34% to 5,385.35 points [1] - Various sectors showed broad-based gains, with notable performances in metals, automotive, hardware, electrical equipment, consumer discretionary retail, and chemicals, which were key drivers of the market's upward movement [1] - Major internet stocks also performed well, with Tencent Holdings increasing by 3.07% and Alibaba rising by 3.47% [1] Group 2 - Analysts from Suzhou Securities indicated that the primary driver behind the Hong Kong market's rebound was improved expectations regarding external policies, particularly adjustments in U.S. tariff policies, which could enhance profit expectations for Chinese export-oriented, technology, and consumer companies [1] - The rebound in the Hong Kong market was also in line with the overall trends in global capital markets [1] - Several local Suzhou stocks performed exceptionally well during this rebound, including Zhixing Technology, which surged by 13.3%, and semiconductor company InnoCare, which rose by 10.07%, along with over ten local biopharmaceutical stocks showing strong performance [1] Group 3 - Overall, the Hong Kong market showed an upward trend during the three trading days while the A-share market was closed, with the Hang Seng Index accumulating a rise of 1.94% and the Hang Seng Tech Index increasing by 0.47% [2] - Following the positive start in the Hong Kong market, it is expected that the A-share market will likely open higher after the holiday [2] - Sectors such as AI applications, robotics, and media are anticipated to remain active in the upcoming trading sessions [2]

随着2026年首批量产车型落地交付，华山A2000芯片将凭借成熟的平台能力与完善的工具链生态，持续推动高阶智能驾驶技术的规模化普及。黑芝麻智 能将持续坚持开放合作的生态战略，与国汽智控及产业链伙伴携手，不断拓展智能驾驶解决方案商业化应用场景，共同助力中国汽车产业生态繁荣与智能化 升级。 黑芝麻智能是国内车规级智能驾驶芯片核心厂商，在智能汽车计算芯片领域具备领先的技术壁垒、完整的产品矩阵与规模化量产交付经验。国汽智控作 为行业领先的智能汽车计算基础平台与开发系统服务商，长期深耕智能驾驶"中国方案"的产业化落地。双方技术与产业优势高度互补，叠加此前在软硬件协 同开发、系统深度优化等方面积累的成熟合作经验，已构建起坚实的规模化量产合作基础。这不仅为本次定点项目的顺利落地筑牢根基，更标志着双方合作 正式从技术验证阶段，迈入规模化商业落地的关键跨越。 作为联合解决方案的核心算力底座，华山A2000芯片采用7nm先进工艺制程，实测性能比肩全球顶尖智驾芯片。该芯片支持全FP16/FP8浮点及 INT4/INT8/INT16等多精度计算，搭配成熟的AI工具链BaRT，可实现从模型训练到部署的全流程高效开发。 ...