1 | 记录 | 势以及公司的实施路径。 | | --- | --- | | | （一）千曙科技：千方科技在自动驾驶物流领域的战略落子 | | | 结合行业和技术发展形势，千方从"智能交通专家"升级成为"AI+ | | | 交通"引领者，以 重构交通价值，综合利用千方和生态企业在人工智 AI | | | 能、车路协同、智慧交通等方面的技术积累、物流大数据和运营服务资 | | | 源，进军自动驾驶物流领域，正是实现上市公司成为"AI+交通"引领者 | | | 的重要战略布局。 | | | 为此，我们成立了千曙科技，定位为国内领先的干线物流自动驾 | | | 驶运力服务商。从股权结构来看，千方科技控股千曙科技，其他股权 | | | 全部由核心团队持有。 | | | 千曙科技将重点攻坚 L4 级无人重卡在高速复杂环境下的感知、决 | | | 策等关键技术，研制前装量产解决方案，并搭建无人运输路网与智能调 | | | 度平台。项目建设期 3 年，我们将采取"实验局"模式，在真实场景中快 | | | 速迭代技术和商业模式，深度参与现代物流体系的重构。 | | | （二）为什么是现在？——市场、政策与技术的三重共振 | ...

近日，甘肃公交建集团承担的"车路协同创新发展"交通强国建设试点任务在全面超额完成各项目标后， 顺利通过交通运输部验收，并获得专家组高度评价。该试点依托我省首条"5G+智慧公路"——G312线清 水驿至傅家窑公路（清傅公路）实施，聚焦基础设施数字化、全面感知、车路协同、主动服务四大领 域，取得了一系列突破性实践成果，形成了一批可复制、可推广的"甘肃经验"，为西北乃至全国智慧交 通建设提供了借鉴路径。 基础设施数字化：筑牢智慧交通"数字底座" 试点以构建高精度数字化交通基础设施为核心，成功打造全方位、高精度的智慧交通底座。 自动驾驶测试路段全线布设500余套摄像头、毫米波雷达，织就无盲区监测网，其中8公里重点测试路段 达到行业领先的SL3级感知水平，实现交通事件秒级发现、车辆识别精度超过95%，全面掌控路网动 态。 清傅公路自动驾驶测试路段依托1:500高精度地图和北斗卫星导航，车辆定位精度达到±5厘米、车道级 导航准确率达99%以上。 创新构建了实景立体、可交互操作的"数字孪生"平台，可实时监测桥梁、隧道等关键结构的运行状态， 实现基础设施全生命周期数字化管理。 通过光纤专网、5G、车路协同专用通信等多种技术融 ...

Global Research abc 2025 年 12 月 29 日 快评 千方科技 布局干线物流自动驾驶 看好公司干线物流自动驾驶的布局 公司于12月26日收盘后，发布了公告，主要包括：1）公司计划投资约11亿 元开发自动驾驶干线物流项目；2）公司董事会批准派发中期股利，每股分 红0.02元；3）公司更换董秘。我们看好千方科技具备的车路云一体化的研 发技术和交通数据作为干线物流自动驾驶的实践支撑。在我们2022/09/07发 表的题为 The Road Less Travelled: How US$300bn of smart infrastructure may accelerate autonomous driving报告中，我们看好自动驾驶在干线物流 的商业应用，且我们认为公司将投资重心转向自动驾驶在干线物流的应用有 利于未来公司盈利提升和在中国车路协同发展中的战略布局。 投资干线物流自动驾驶项目 徐宾 分析师 S1460511010012 bin.xu@ubs.com +86-21-3866 8872 公司计划将原募投计划中剩余的9.6亿元投资于物流无人化关键技术研发， 公司预计项目建设周期为3 ...

2025年，注定将被铭刻在中国工业史册上。这一年，中国新能源汽车的市场渗透率在10月历史性地达到 51%，新能源车首次全面超越燃油车，夺取了市场主导权。同样是在这一年，仰望U9 Xtreme以496.22 公里/小时的极速与6分59秒157的纽博格林北环圈速，将全球汽车性能的双重桂冠同时收入囊中。这两 个标志性事件，看似平行，实则同源：它们共同宣告，全球汽车产业百年以来由西方机械文明所定义的 权力结构与价值坐标，正在发生一场由中国深度参与的、静默而深刻的重构。 站在"十五五"谋篇布局的关键节点，中国汽车工业协会专务副秘书长许海东指出，中国汽车产业的核心 目标是从"汽车大国"迈向"汽车强国"。从"做大"到"做强"，这注定不再是一场关于性价比的局部竞争， 而是关乎技术主权、产业范式与文明表达的全面进击。仰望，正是这场宏大叙事中最锐利的笔锋，它书 写的不只是一家中国汽车企业的成就，更是中国在高端制造业领域，从仰望到引领，再到定义未来的文 明进化史。 范式革命：从"机械主权"到"数字定义"的技术升维 过去一个多世纪，全球汽车工业的顶级殿堂由"机械主权"统治。西方传统豪强凭借内燃机技术的极端复 杂性与百年积淀，构筑了极 ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 一个月三家赴港，一家上市，智驾企业的增长与困局 来源：北京商报 记者 魏蔚 11月下旬至今，主线科技、驭势科技和福瑞泰克三家智驾企业相继向港交所递表，加上12月敲锣的希迪 智驾，一个月内四家智驾公司与港交所的名字关联，成为本年度智驾企业扎堆港交所的缩影。四家公司 在技术路径、应用场景与商业模式上各有差异，却共同呈现出营收高速增长的行业共性。2022—2024 年，四家企业中营收增幅最高的希迪智驾，从3105.6万元涨到4.1亿元；体量较小的封闭场景下的自动驾 驶解决方案提供商主线科技和驭势科技，营收从不足1亿元分别上涨到2.54亿元和2.65亿元。 不过，高增长并未带来盈利，2024年四家公司累计经调整净亏损超8亿元，2025年上半年主线科技与福 瑞泰克经调整净亏损收窄，只有希迪智驾一家经调整净亏损增幅高于营收。在这场市场增长明显的比赛 中，企业所处的产业链环节以及技术投入在营收和盈利两方面的差异，让企业给出不同的答卷。 营收高增长常见 和上年一样，智驾企业在2025年依然"聚"在港交所门口。11月，小马智行和文远知行作为Robotax ...

格隆汇12月23日丨高新兴(300098.SZ)在互动平台表示，在车路协同方面，公司在车路云一体化（智能 网联）领域拥有覆盖车端、路端和云端的系列化C-V2X产品矩阵，通过路侧感知、车路通信和云端协 同，可辅助单车智能的不足，提供全局视野，降低车端成本，提升整体交通效率，但不涉及L3牌照等 单车智能的业务。 ...

Core Insights - The Ministry of Industry and Information Technology has officially granted the first batch of L3 conditional autonomous driving vehicle permits in China, consisting of two models, indicating a significant step towards advanced autonomous driving technology [1] Group 1: L3 Level Autonomous Driving - The transition from L2 to L3 level represents a revolutionary change, as L3 is classified as autonomous driving rather than merely assisted driving, with the system taking primary responsibility during operation [2] - The first approved models are purely electric vehicles, as they are easier to integrate with intelligent driving systems and have fewer control links [2] Group 2: Safety and Regulations - The permitted usage of L3 vehicles is subject to strict limitations on specific road segments, with speed limits set at 50 km/h in Chongqing and 80 km/h in Beijing, reflecting a cautious approach to safety [3] - Clear responsibility boundaries have been established, where the system assumes liability in the event of accidents during autonomous operation, addressing previous consumer misunderstandings regarding assisted driving [3] - Supporting regulations, such as the "Automated Driving Vehicle Management Regulations" set to be implemented by the end of 2024 in Beijing, and a dedicated insurance system with a maximum payout of 5 million yuan per incident, have been put in place [3] Group 3: Industry Transformation - The introduction of L3 technology is expected to shift the automotive industry from a focus on selling vehicles to providing safe mobility services, with competition evolving from price wars to safety and responsibility capabilities [6] - A complete ecosystem involving automakers, technology companies, insurance firms, and regulatory bodies is necessary for the successful implementation of L3 autonomous driving [6] - Future advancements in autonomous driving are anticipated to drive transformations in road collaboration and smart city development, with initial trials of smart roads already underway [6] Group 4: Future Outlook - Despite the approval of L3 vehicles, experts believe that higher levels of autonomous driving will require a gradual approach, with full realization of L4 potentially taking five to ten years, necessitating synchronized advancements in regulations, infrastructure, and user education [7] - The approval of the first L3 conditional autonomous driving models not only marks a technological breakthrough but also signifies a profound restructuring of responsibility, ecosystem, and urban forms [7]

Core Viewpoint - The company HiDi Intelligent Driving, founded by Li Zexiang, has officially listed on the Hong Kong Stock Exchange, but its stock price fell by 13.69% on the first day, resulting in a market capitalization below HKD 10 billion [1]. Company Overview - HiDi Intelligent Driving, established in 2017, focuses on the research and development of autonomous mining trucks, logistics vehicles, V2X technology, and intelligent perception solutions [1]. - The company aims to implement autonomous operations in mining areas and closed parks through autonomous driving and vehicle-road collaboration technology [1]. Market Position and Growth - As of mid-2025, HiDi Intelligent Driving ranks sixth among Chinese intelligent driving commercial vehicle companies, having delivered 56 autonomous mining trucks [1]. - The company is projected to rank third in the Chinese autonomous mining truck solution market based on its 2024 revenue [1]. - Revenue is expected to grow significantly from CNY 31.1 million in 2022 to CNY 410 million in 2024, representing an increase of over 12 times [1]. Orders and Client Expansion - By June 30, 2025, HiDi Intelligent Driving had delivered 414 autonomous mining truck systems and received indicative orders for 647 systems, expanding its client base from 44 in 2022 to 152 [2]. - The autonomous mining truck sector is anticipated to grow rapidly, with the market size projected to reach CNY 48 billion in 2024 and CNY 774.3 billion by 2030 [2]. Financial Performance - Despite high growth, HiDi Intelligent Driving has faced significant losses, with a loss of CNY 263 million in 2022 and an expected loss of CNY 581 million in 2024 [2]. - In the first half of 2025, the company reported a loss of CNY 455 million [2]. Leadership and Funding - Li Zexiang, the founder and chairman of HiDi Intelligent Driving, is also known as the "father of DJI" and has been instrumental in the success of several tech companies [2][3]. - The company raised a total of HKD 1.422 billion from its IPO, with plans to use the funds for R&D, commercialization, supply chain integration, and international expansion [3].

证券日报网讯 12月18日，万集科技在互动平台回答投资者提问时表示，公司核心业务聚焦智能交通领 域，车路云一体化解决方案是公司重点布局方向，目前已将V2X技术与激光雷达深度融合，形成具备车 路协同感知能力的智能交通解决方案，并积极参与车路云一体化试点城市项目建设。公司持续投入研发 资源优化车路协同算法、提升激光雷达与V2X设备的协同性能。 （文章来源：证券日报） ...

格隆汇12月16日丨皖通科技(002331.SZ)在互动平台表示，公司暂不涉及车路协同、无人驾驶相关业 务。 ...