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调研速递|中汽股份接受中信证券等1家机构调研 聚焦智能网联法规与试验场运营要点
Xin Lang Cai Jing· 2025-09-20 07:22
Group 1 - The core viewpoint of the news is the significance and challenges of the L2 mandatory national standard for intelligent connected vehicles, which aims to regulate market order and fill the safety baseline gap in domestic driving assistance systems [1] - The new acquisition of the Extreme Inspection Center, which holds the unique qualification of "National High Cold Motorcycle Quality Inspection and Testing Center," will extend the company's business into specialized environmental testing services, creating a new growth point [1] - The implementation of the strong standard will increase R&D investment from car manufacturers, leading to an expected rise in the company's field testing business volume [1] Group 2 - The second phase of the intelligent connected vehicle testing facility is currently in a cultivation period, with operational goals set for breakeven this year, which has already been achieved in the first half [2] - The second phase's gross margin is expected to fluctuate in the short term due to fixed costs, as capacity is still ramping up [2] - The first phase of the comprehensive testing facility is operating steadily but has room for growth through refined management and the expansion of customer bases with new testing capacities [2]