Core Viewpoint - The largest restructuring event in the A-share intelligent driving industry has occurred with Siwei Map's acquisition of a significant stake in Jianzhihang Robotics, marking a strategic move to strengthen its position in the market [1][11]. Company Overview - Jianzhihang Robotics is a leading software algorithm company for mid-to-high level intelligent driving, providing solutions based on top domestic and international computing platforms [4][7]. - The company has established itself as a key player in the high-performance intelligent driving system market, with a market share exceeding that of other notable competitors [4][8]. Investment Details - Siwei Map plans to invest a total of 1.8 billion CNY in Jianzhihang Robotics through a combination of cash and asset injection, acquiring 39.14% of the shares and becoming the largest shareholder [1][9]. - The investment includes a cash injection of 250 million CNY and the transfer of 100% equity of Siwei Map's wholly-owned subsidiary, valued at 1.55 billion CNY [8][9]. Market Context - This acquisition is positioned as the largest merger in the A-share intelligent driving sector, occurring amidst a wave of industry consolidation following price reductions and market exits by several companies [11][12]. - The intelligent driving industry has seen significant turmoil, with notable companies facing bankruptcy and restructuring due to high research and development costs [11][12]. Strategic Implications - The transaction reflects Siwei Map's strategy to consolidate and strengthen its market position while mitigating financial risks associated with its intelligent driving business [8][9]. - The partnership with Jianzhihang Robotics is expected to enhance Siwei Map's capabilities in the intelligent driving sector, particularly in leveraging domestic chip solutions [7][8].

四维图新（002405）拟以现金及支付资产形式，成为鉴智机器人大股东，开启了智能驾驶行业资本重 整，行业出清的序幕。 近日，A股历史最大的智能驾驶行业重组事项，花落"图商"四维图新（002405.SZ）。 公告显示，四维图新拟以现金及支付资产形式，对鉴智机器人协议控制主体 PhiGent Robotics Limited （以下简称"鉴智开曼"）进行增资及提供财务资助，获得鉴智开曼39.14%股份，并成为其第一大股东。 公开资料显示，鉴智机器人是中高阶智驾量产的软件算法公司，其提供基于英伟达，地平线等国内外头 部中高阶算力平台的智驾解决方案，与 Momenta 同为国内头部的第三方智能驾驶全栈方案供应商。 另据21世纪经济报道记者从知情人士处获悉，鉴智机器人为"绝对领先的第一梯队"地平线中高算力智驾 系统全栈方案供应商，其地平线智驾方案平台占有率超过已经完成独立上市的商汤、小马智行、筹备上 市的轻舟智航等企业。并且，作为地平线链企业关键合作伙伴，鉴智机器人有望率先定点地平线国产高 算力平台解决方案。 国产芯片的"盟友" 资料显示，鉴智机器人为全栈自动驾驶方案公司，成立于2021年10月，业务涵盖辅助智能驾驶（ ...