Core Insights - The management of Youjia Innovation has demonstrated confidence in the company's long-term growth by increasing their shareholding, signaling a positive outlook on the business fundamentals and growth potential [1][3] - Youjia Innovation has achieved significant revenue growth of 46.1% year-on-year, with its L4 new business generating over 10 million yuan in revenue within six months [1][2] - The company has successfully penetrated the market, having supplied 42 vehicle manufacturers, including major domestic brands and joint ventures, showcasing strong commercialization capabilities [1][2] Business Performance - Youjia Innovation's L4 autonomous vehicle business is opening a second growth curve, with the company being one of the few in China to operate in both "smart mobility" and "smart logistics" sectors [2] - The company’s self-developed autonomous minibuses are now operating regularly in multiple cities and have secured significant projects, indicating strong engineering adaptability [2] - The new unmanned logistics vehicle, Xiaozhu, has formed strategic partnerships and validated operations in the express delivery sector, with over 1,400 cooperative projects disclosed recently [2] Market Context - The management's proactive share purchase amidst market concerns reflects a commitment to share risks and growth with shareholders [3] - As the passenger vehicle business continues to expand and L4 operations scale up, Youjia Innovation is positioned to achieve breakthroughs in the new industrial cycle, potentially enhancing its long-term valuation [3] - The confidence shown by key industry figures, such as Xiaomi's CEO increasing his shareholding, may foster industry consensus and support the sustainable development of the automotive intelligence sector [3]