Core Insights - As of September, China has implemented a total of 3,230 vehicle recalls, affecting 120 million vehicles, with 652 recalls influenced by the State Administration for Market Regulation, involving 63.79 million vehicles, accounting for 53.18% of total recalls [1] - In 2024, 2.5561 million vehicles were recalled due to issues with advanced driver assistance systems, representing 23% of the total recalls for the year [1] - The establishment of an innovative recall regulatory system is underway, including a reporting system for fire incidents in new energy vehicles and a remote upgrade reporting system [1] - A pilot program for automotive safety sandbox regulation is being initiated, alongside a joint effort with the Ministry of Industry and Information Technology to draft regulations aimed at enhancing supervision of smart connected and new energy vehicle recalls [1] - The upcoming regulations will also address issues related to false advertising, exaggerated claims, and irrational competition in the automotive sector [1]