Group 1: eCall Business Overview - The company has been early in the eCall product field, accumulating rich experience in certification and project management since 2013 [2] - In 2019, the company obtained the first EU eCall certification in China and was among the first globally to receive the UN-R144 standard certification [2] - As of January 6, 2025, the company received the next-generation NG eCall certification, becoming one of the first globally certified for this standard [2][5] - The company has expanded its certification scope to include countries like the UK, UAE, and Saudi Arabia, making it one of the few domestic companies with comprehensive certifications [2] Group 2: Involvement in National Standards - The company is one of the drafting units for the national standard AECS and has participated in the preparation of standard texts and technical specifications [3] - Recent tests conducted by the China Automotive Technology Research Center on the company's products have been successful, laying a solid foundation for the future application of the AECS system in vehicles [3] Group 3: R&D and Innovation - The company emphasizes forward-looking R&D, closely following industry trends and customer needs, leading to a steady increase in R&D expenses [3] - The R&D system is built on a "platform and modular" concept, allowing for rapid market introduction of new features and products tailored to customer demands [3] Group 4: Market Response and Competitive Advantage - The national standard AECS has been released, with mandatory implementation set for July 1, 2027, although certification and implementation will take time [4] - The company holds a first-mover advantage in the eCall sector, having passed the EU e-Call standard certification in March 2019 and continuously updating its products and technologies [5] Group 5: Production Capacity and Future Planning - The company has a flexible production line and an intelligent manufacturing system to meet the production needs of automotive-grade products [6] - The company collaborates with external manufacturers for non-core components, ensuring quality and compliance with production standards [6] Group 6: Digital Energy Management Solutions - The company's digital energy management solutions have been in development for several years and entered a new phase in the first half of this year [7] - These solutions support battery lifecycle management and digital operations for battery rental and charging stations, positioning the company for growth in high-value energy trading areas [7]

Group 1: Company Overview - The company's core technology integrates automotive and ICT technologies, widely applied in smart vehicles, new energy batteries, and industrial IoT [2] - The main products include vehicle networking smart terminals, IoT smart module software, and technical services, emphasizing continuous technological innovation and product iteration [2] - The company maintains strong comprehensive capabilities in R&D, production management, quality control, supply chain management, and delivery, supported by a stable and high-quality customer base [2] Group 2: Product Segmentation - The company's vehicle networking smart terminals include TBOX, eCall, and battery management systems, with no specific breakdown of their proportions [2] - The R&D model is based on a platform and modular approach, allowing customization and covering multiple vehicle types, which enhances R&D efficiency and reduces costs [3] Group 3: R&D and Innovation - R&D expenses have shown a steady annual increase, reflecting the company's commitment to forward-looking research and development [3] - The company has established a technology R&D system based on platformization and modularization, enabling rapid market introduction of new features and products [3] Group 4: Market Position and Standards - The company has a leading position in the eCall sector, being the first in China to pass the EU e-Call standard certification in March 2019 and the NG-eCall certification in January 2025 [5] - The company actively participates in the development of national standards, contributing to the GB45672-2025 mandatory standard for vehicle-mounted emergency call systems [5] Group 5: Production Capacity - The company operates a flexible production line capable of meeting automotive-grade product requirements, with a focus on R&D design and core component production [7] - Non-core components are outsourced to external manufacturers, with strict quality control and supervision to ensure compliance with production standards [7]