兴民智通（002355.SZ）12月17日在投资者互动平台表示，公司重视无人驾驶领域产品的布局开发，为 无人驾驶开发了高网络可靠性的双5g智能网联终端产品—通信域控制器（ICVBOX），目前已在L3L4 无人驾驶汽车Robotaxi、无人物流车上配套，服务客户涵盖百度萝卜快跑、Momenta以及国内主流车 企。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：公司在L3 L4级无人驾驶方面有哪些布局？ ...

L3级自动驾驶正式"持证上路" 记者了解到，这次公布的两款车型，来自重庆长安汽车股份有限公司和北汽蓝谷麦格纳汽车有限公司。 一款长安牌纯电动轿车，可以实现在交通拥堵环境下高速公路和城市快速路单车道内最高时速50公里的 自动驾驶功能，目前该功能仅限在重庆市有关路段开启。一款北汽集团旗下极狐牌纯电动轿车，可以实 现高速公路和城市快速路单车道内最高时速80公里的自动驾驶功能，目前该功能仅限在北京市有关路段 开启。 据工业和信息化部信息，下一步，两款车型将由重庆长安车联科技有限公司、北京出行汽车服务有限公 司两家使用主体在上述区域内开展上路通行试点。相关部门将加强车辆运行监测和安全保障，不断健全 智能网联汽车准入管理和标准法规体系，推动我国智能网联新能源汽车产业高质量发展。 12月15日，工业和信息化部公布我国首批L3级有条件自动驾驶车型准入许可，两款分别适配城市拥 堵、高速路段的车型将在北京、重庆两地指定区域开展试点。 "我国自动驾驶在发展进程中迈出了重要一步，L3级自动驾驶从测试阶段开始迈入商业化应用阶段。"同 济大学汽车学院汽车产业与技术战略研究中心主任王宁告诉上海证券报记者，这表明L3级自动驾驶技 术成熟度得 ...

Investment Rating - The industry investment rating is "Recommended," indicating an expected increase in the industry index exceeding the benchmark index by more than 5% in the next 3-6 months [18]. Core Insights - The approval of L3 level conditional autonomous driving vehicles marks a significant milestone in China's intelligent connected vehicle industry, allowing two models from Changan and Jidu to conduct road trials in designated areas of Beijing and Chongqing [2][7]. - The core feature of L3 autonomous driving is that the system can perform all dynamic driving tasks under specific conditions without the driver needing to monitor continuously, which may shift accident liability from drivers to manufacturers [7]. - The intelligent driving industry is transitioning from a dual-driven model of policy and technology to a four-dimensional resonance involving policy, infrastructure, commerce, and globalization, with L3 level autonomous driving signaling strong commercial opportunities [7]. Industry Overview - The computer industry consists of 338 listed companies with a total market capitalization of 57,020.82 billion and a circulating market capitalization of 51,679.82 billion [4]. - The absolute performance of the industry over the past 1 month, 6 months, and 12 months is -3.6%, 19.5%, and 12.7%, respectively, while the relative performance is -1.9%, 1.7%, and -3.0% [5]. Investment Recommendations - Suggested companies to focus on include Horizon Robotics, Hesai Technology, Suton Juchuang, Pony.ai, WeRide, Desay SV, Zhongke Chuangda, Jingwei Hengrun, Siwei Map, Hezhima Intelligent, Qianfang Technology, Wanjie Technology, Neusoft Group, Ruiming Technology, Guangting Information, and Jinli Technology [7].

Policy Overview - The "Implementation Plan" aims to enhance the adaptability of consumer goods supply and demand, targeting the formation of three trillion-level consumption sectors and ten hundred-billion-level consumption hotspots by 2027[6]. - The plan emphasizes a shift from broad-based consumption policies to a focus on quality supply that meets diverse consumer needs, aiming for structural optimization in supply-demand matching[3]. Key Objectives - By 2027, the consumer goods supply structure is expected to be significantly optimized, with specific focus on sectors such as elderly products, smart connected vehicles, and consumer electronics[6]. - The plan outlines five key tasks and nineteen specific initiatives, including accelerating new technology applications and expanding the supply of unique and innovative products[12]. Market Impact - The plan is projected to activate consumption potential through supply-side reforms, addressing mismatches where consumers want to buy but cannot find suitable products[6]. - The expected contribution of consumption to economic growth is set to increase steadily, with a goal of achieving a high-quality development pattern by 2030[6]. Industry Focus - Key consumption hotspots include baby products, smart wearables, cosmetics, fitness equipment, outdoor goods, pet supplies, and cultural fashion items[6]. - The plan encourages industries to focus on precise demand matching, technological empowerment, and the integration of consumption scenarios to maximize policy benefits[14]. Financial Support - The plan highlights the importance of financial support and aims to enhance the adaptability and convenience of consumer finance services, with a focus on promoting consumption through subsidies and incentives[18]. - The "old-for-new" subsidy policies are expected to continue into 2026, with an emphasis on targeted and expanded coverage[18].

Market Overview - The Hang Seng Index fell by 1.91%, down 490 points, closing at 25,138 points, while the Hang Seng Tech Index dropped by 2.41%. The early trading volume in Hong Kong was HKD 107.2 billion [1]. Autonomous Driving Sector - The Ministry of Industry and Information Technology of China officially announced the first batch of L3 conditional autonomous driving vehicle licenses, marking a significant step in the practical application of intelligent connected vehicles. Stocks related to smart driving rose against the market trend, with Zhejiang Shibao (01057) increasing by 13.9% and Youjia Innovation (02431) rising by 9.88% [1]. Pharmaceutical Sector - The innovative drug sector declined again, with a temporary vacuum in pharmaceutical BD transactions over the past six months. Notable declines included Innovent Biologics (09969) falling over 3.62% and I-Mab (01801) down by 2.39% [1]. Gold Sector - Gold stocks experienced a widespread decline. The BOCM index is set for rebalancing, and JPMorgan indicated that gold and silver face significant technical selling pressure. Zijin Mining International (02259) dropped by 5.93%, while Zijin Mining (02899) fell by 4.5% [1]. Solar Energy Sector - The solar energy sector weakened again, with the Solar Association confirming the establishment of a storage platform, while prices for solar glass remain under pressure. New Special Energy (01799) decreased by 2%, and Xinyi Solar (00968) fell by 3.6% [1]. Optical Communication Sector - Oracle's performance for the second fiscal quarter of 2026 fell short of market expectations, leading to a continuation of declines in the optical communication sector. Cambridge Technology (06166) and Yangtze Optical Fibre and Cable (06869) both dropped by over 5% [1]. ZTE Corporation - ZTE Corporation (00763) fell by over 4%, with the company adjusting some AI capabilities in its Doubao mobile assistant and recently announcing a significant share buyback [2]. Bole Technology - Bole Technology-B (02592) saw a decline of 11% after submitting a new drug clinical trial application for its ophthalmic candidate CBT-199 in the U.S. [3]. Domestic Beverage Sector - Hushang Ayi (02589) rose by over 4%, capitalizing on the growing trend of domestic new tea beverage brands expanding into international markets, specifically entering Malaysia and the U.S. [4].

Group 1 - The core viewpoint of the news is that China's L3-level conditional autonomous driving vehicles have received official approval for commercial testing, marking a significant step towards commercialization in the industry [1] - The China Internet of Vehicles Theme Index (930725) has seen a rise of 0.91%, with notable increases in constituent stocks such as Wanjie Technology (300552) up by 20.02% and Haon Automotive (301488) up by 13.14% [1] - The Intelligent Connected Vehicle ETF (159872) has also increased by 0.92%, with the latest price reported at 0.99 yuan [1] Group 2 - According to Xinda Securities, the regulatory environment for intelligent connected vehicles in China is improving, with a notable increase in the penetration rate of advanced driving assistance systems (ADAS) [2] - In the first nine months of 2025, sales of L2++ and above models reached 3.643 million units, accounting for 38.65% of total sales, with domestic brands showing the fastest growth in L2 and above penetration rates [2] - The market for Robotaxi is projected to reach 270 billion yuan by 2030, while the value of the unmanned logistics vehicle industry is expected to increase to 594.8 billion yuan by the same year [2] - The top ten weighted stocks in the China Internet of Vehicles Theme Index account for 51.03% of the index, including companies like CATL (300750) and SAIC Motor (600104) [2]

Group 1 - The core viewpoint of the news is the significant rise in the stock prices of autonomous driving concept stocks in the A-share market following the approval of two L3 level autonomous vehicles for road use by the Ministry of Industry and Information Technology [1] Group 2 - Yunyi Electric saw a stock increase of 18.11%, with a total market value of 11 billion and a year-to-date increase of 58.14% [2] - Wanjie Technology experienced a rise of 15.10%, with a market value of 5.735 billion and a year-to-date decrease of 21.66% [2] - Zhejiang Shiyu increased by 10.04%, with a market value of 10.8 billion and a year-to-date increase of 16.19% [2] - Beiqi Blue Valley rose by 10.01%, with a market value of 45.9 billion and a year-to-date increase of 3.00% [2] - Suoling Co. increased by 9.38%, with a market value of 4.534 billion and a year-to-date decrease of 8.70% [2] - Jingwei Hengrun rose by 8.52%, with a market value of 11.9 billion and a year-to-date increase of 18.31% [2] - Haon Auto Electric increased by 8.07%, with a market value of 12.6 billion and a year-to-date increase of 148.82% [2] - Zhonghaida rose by 7.99%, with a market value of 7.546 billion and a year-to-date decrease of 7.06% [2] - Hanxin Technology increased by 7.91%, with a market value of 2.049 billion and a year-to-date decrease of 5.60% [2] - Zhongqi Co. rose by 7.38%, with a market value of 8.857 billion and a year-to-date increase of 14.09% [2] - Xingmin Zhitu increased by 7.33%, with a market value of 4.211 billion and a year-to-date decrease of 1.10% [2]

Core Insights - The first batch of L3-level conditional autonomous driving vehicles has been granted approval in China, marking a significant step towards commercial application in the intelligent connected vehicle industry [1][4] Group 1: Regulatory Developments - The Ministry of Industry and Information Technology announced the approval of two L3-level conditional autonomous driving models: Changan SC7000AAARBEV and Arcfox BJ7001A61NBEV [1] - According to national standards, L3-level autonomous driving allows the vehicle system to fully take over driving tasks under specific conditions, while the driver must remain alert and ready to take control [3] Group 2: Industry Implications - Analysts suggest that this approval signifies a transition from "testing demonstration" to "commercial application" for China's intelligent connected vehicle industry [4] - The two approved models will undergo road trials in designated areas, with the Ministry of Industry and Information Technology collaborating with local authorities to enhance vehicle operation monitoring and safety [4] Group 3: Market Trends - The "Automotive Industry Stabilization Growth Work Plan (2025-2026)" was released, providing clear guidance for industry development over the next two years, including conditional approval for L3-level autonomous vehicle production [5][6] - The formal implementation of L3-level autonomous driving regulations is expected to be a key catalyst for industry development by 2026, with consumer interest in advanced driver assistance systems increasing [6] Group 4: Financial Performance of Related Companies - A total of 13 intelligent driving stocks have seen net buying exceeding 100 million yuan since Q4 2025, with Hikvision, JAC Motors, Lens Technology, and Desay SV leading in net buying amounts [7] - Companies like Hikvision and Desay SV are focusing on smart driving sensor solutions and intelligent cockpit systems, respectively, indicating a strong growth trajectory in the intelligent driving sector [10] - Predictions for 2025 show that 19 intelligent driving stocks are expected to have a net profit growth rate exceeding 30%, with notable increases from companies like Foton Motor (1633.76%) and SAIC Motor (584.34%) [12]

12月15日，据工业和信息化部官方公众号消息，我国首批L3级有条件自动驾驶车型准入许可公布，两 款分别适配城市拥堵、高速路段的车型将在北京、重庆指定区域开展上路试点，意味着我国L3级自动 驾驶从测试阶段向商业化应用迈出了关键一步。 两款L3级自动驾驶产品获准 强车辆运行监测和安全保障，及时总结经验，不断健全智能网联汽车准入管理和标准法规体系，推动我 国智能网联新能源汽车产业高质量发展。 明年或是L3正式准入节点，关注这两大方向 此次公布获准的两款车型，一是长安汽车旗下的长安牌SC7000AAARBEV型纯电动轿车，可以实现在 交通拥堵环境下高速公路和城市快速路单车道内的自动驾驶功能（最高车速50km/h），目前该功能仅 限在重庆市内环快速路、新内环快速路（高滩岩立交—赖家桥立交）及渝都大道（人和立交—机场立 交）等路段开启。 二是极狐牌BJ7001A61NBEV型纯电动轿车，可以实现高速公路和城市快速路单车道内的自动驾驶功能 （最高车速80km/h），目前该功能仅限在北京市京台高速（大兴区旧宫新桥—机场北线高速）、机场 北线高速（大渠南桥—大兴机场高速）及大兴机场高速（南六环—机场北线高速）等路段开启。 据了 ...

Core Insights - The Ministry of Industry and Information Technology has granted conditional approval for two automotive companies to submit applications for L3 level conditional autonomous driving vehicles, indicating a significant step towards the commercialization of autonomous driving technology [1][3] Group 1: Safety and Regulation - Safety remains the top priority in the development and application of new automotive technologies, with the conditional approval allowing autonomous driving functions to be limited to typical, low-risk scenarios [2] - The approval process includes systematic evaluations of enterprise capabilities, product safety, and testing validation, ensuring that only vehicles meeting production conditions are granted access [1][3] Group 2: Technological Advancement and Industry Response - The move signifies a transition from "technical validation" to "mass production application," marking the beginning of road trials for intelligent connected vehicles [3] - The approval is seen as a recognition of technological maturity and a response to societal expectations for future smart mobility solutions, fostering a collaborative ecosystem among various stakeholders in the automotive supply chain [3] Group 3: Future Developments and Standards - The next steps involve road trials in designated areas by the two approved vehicles, with ongoing monitoring and safety assurance from relevant authorities [4] - The initiative is expected to drive innovation in automotive technology and provide valuable practical experience for standard formulation, enhancing the efficiency and scientific nature of the approval process [4]