Core Insights - The company, Zhixing Technology, has received multiple designated development notifications from key clients, indicating a recognition of its R&D capabilities and enhancing its market competitiveness in the new energy vehicle sector [2][3] Group 1: Client Developments - Zhixing Technology has been selected as a supplier for a mainstream mass-production vehicle's combined advanced driver-assistance system (ADAS) solution by a leading domestic brand in South China, utilizing the Horizon Journey® 6B chip [2] - The company will provide combined ADAS solutions for three overseas models for a prominent new energy vehicle brand in Zhejiang, ensuring compliance with EU General Safety Regulations (GSR) and E-NCAP 2026 five-star safety standards, with the first model expected to enter mass production in the first half of next year [2] Group 2: Business Performance - In the first half of 2025, the company delivered over 116,000 sets of combined ADAS solutions and products, marking a 20.8% increase compared to the same period last year [3] - The company recorded revenue of approximately 366 million yuan, a year-on-year decrease of 42.47%, and a gross profit of 17.07 million yuan, down 61.93% year-on-year [3]

获该两位客户定点，标志着公司的研发实力得到了新客户及既有客户的认可，进一步巩固和提高了公司 的市场竞争力，提升了公司在新能源乘用车领域的市场地位，有利于未来进一步提升公司的市场竞争力 及可持续发展能力。 公司将积极推进上述研发项目。由于组合辅助驾驶解决方案研究、开发过程中存在风险及不确定性，公 司将积极做好产品的研究开发工作，同时加强风险管控，减少市场波动可能造成的风险。 格隆汇11月13日丨知行科技(01274.HK)公告，公司近期陆续收到一些定点通知，特别公告其中两个定点 通知，一是公司收到华南某头部自主品牌(以下简称"该新客户")出具的《定点开发通知》，公司被该新 客户选定为某主流量产车型组合辅助驾驶解决方案的供应商，将提供基于地平线征程6B(下文简称 为"J6B")芯片的ADAS域控制器解决方案，这也是首批获得定点的地平线J6B行泊软硬一体域控制器产 品；二是公司收到浙江某头部新势力新能源汽车品牌出具的《定点开发通知》，公司将为其三款海外车 型提供组合辅助驾驶解决方案，助力量产车型满足欧盟通用安全法规(GSR)要求，并符合E-NCAP2026 五星安全标准，首款车型将于明年上半年量产落地。 ...

公司将积极推进上述研发项目。由于组合辅助驾驶解决方案的研究、开发过程中存在风险及不确定性， 公司将积极做好产品的研究开发工作，同时加强风险管控，减少市场波动可能造成的风险。 知行科技(01274)公布，公司近期陆续收到一些定点通知，特别公告其中两个定点通知，一是公司收到 华南某头部自主品牌(以下简称"该新客户")出具的《定点开发通知》，公司被该新客户选定为某主流量 产车型组合辅助驾驶解决方案的供应商，将提供基于地平线征程6B(下文简称为"J6B")芯片的ADAS域控 制器解决方案，这也是首批获得定点的地平线J6B行泊软硬一体域控制器产品;二是公司收到浙江某头部 新势力新能源汽车品牌出具的《定点开发通知》，公司将为其三款海外车型提供组合辅助驾驶解决方 案，助力量产车型满足欧盟通用安全法规(GSR)要求，并符合E-NCAP2026五星安全标準，首款车型将 于明年上半年量产落地。 获该两位客户定点，标志着公司的研发实力得到了新客户及既有客户的认可，进一步巩固和提高了公司 的市场竞争力，提升了公司在新能源乘用车领域的市场地位，有利于未来进一步提升公司的市场竞争力 及可持续发展能力。 ...

获该两位客户定点，标志着公司的研发实力得到了新客户及既有客户的认可，进一步巩固和提高了公司 的市场竞争力，提升了公司在新能源乘用车领域的市场地位，有利于未来进一步提升公司的市场竞争力 及可持续发展能力。 公司将积极推进上述研发项目。由于组合辅助驾驶解决方案的研究、开发过程中存在风险及不确定性， 公司将积极做好产品的研究开发工作，同时加强风险管控，减少市场波动可能造成的风险。 智通财经APP讯，知行科技(01274)公布，公司近期陆续收到一些定点通知，特别公告其中两个定点通 知，一是公司收到华南某头部自主品牌(以下简称"该新客户")出具的《定点开发通知》，公司被该新客 户选定为某主流量产车型组合辅助驾驶解决方案的供应商，将提供基于地平线征程®6B(下文简称 为"J6B")芯片的ADAS域控制器解决方案，这也是首批获得定点的地平线J6B行泊软硬一体域控制器产 品;二是公司收到浙江某头部新势力新能源汽车品牌出具的《定点开发通知》，公司将为其三款海外车 型提供组合辅助驾驶解决方案，助力量产车型满足欧盟通用安全法规(GSR)要求，并符合E-NCAP 2026 五星安全标準，首款车型将于明年上半年量产落地。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 iMotion Automotive Technology (Suzhou) Co., Ltd. 知行汽車科技（蘇州）股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：1274） 獲該兩位客戶定點，標誌著本公司的研發實力得到了新客戶及既有客戶的認可， 進一步鞏固和提高了本公司的市場競爭力，提升了本公司在新能源乘用車領域的 市場地位，有利於未來進一步提升本公司的市場競爭力及可持續發展能力。 本公司將積極推進上述研發項目。由於組合輔助駕駛解決方案之研究、開發過程 中存在風險及不確定性，本公司將積極做好產品的研究開發工作，同時加強風險 管控，減少市場波動可能造成的風險。 1 股東及潛在投資者於買賣本公司證券時務請審慎行事。 承董事會命 知行汽車科技（蘇州）股份有限公司 董事長兼執行董事 宋陽 自願性公告 業務發展最新情況：收到定點通知 本公告乃由知行汽車科技（蘇州）股份有限公司（「本公司」 ...

本报讯(记者李春莲)11月11日，港交所官网披露了希迪智驾科技股份有限公司(以下简称"希迪智驾")在 港交所提交的上市申请。 在政策支持及市场刚性需求的驱动下，希迪智驾聚焦的核心业务场景均处于市场爆发期，且相对其他智 能驾驶应用领域，目前封闭场景尤其是无人矿卡市场整体市场情况良好，希迪智驾作为头部公司之一， 订单和客户数量快速增加，营业收入和毛利持续增长。 支持其业务快速放量的根本动力，来自希迪智驾高度聚焦刚需场景的业务战略。该公司业务具备典型 的"场景导入—技术复制—平台扩展"结构，使其能够在每一个落地项目中不断强化算法能力、优化交付 路径，提升客户黏性，最终形成可扩展、可复制、可持续的增长模型，叠加政府推动智能交通与绿色能 源的双重红利，使其营收具备高度可扩展性。其高成长本质，源自对刚需市场的精准卡位与产品化能力 的系统构建。除营收高速增长外，希迪智驾的盈利质量亦同步改善，财务结构更趋健康。2022年至2024 年，公司经调整后经营性净利润分别为-1.59亿元、-1.38亿元、-1.27亿元，经营性亏损持续收窄，公司 收入快速增长，预计将成为极少数快速实现盈亏平衡的智能驾驶公司。 从收入表现来看，希迪智驾 ...

Core Viewpoint - Xiaopeng Motors positions itself as a "physical AI world explorer for global embodied intelligence," focusing on the integration of AI technologies in its automotive and robotics products [4][5]. Group 1: Key Applications Released - Xiaopeng Motors unveiled four significant applications at the 2025 Technology Day: the second-generation VLA, Robotaxi, the new generation of IRON, and two flight systems, all with clear mass production plans [4][5]. - The second-generation VLA (Vision-Language-Action) system integrates visual perception and language understanding, enhancing the efficiency and responsiveness of autonomous driving [6][9]. - The Robotaxi will launch three models in 2026, utilizing a pure vision approach without relying on LiDAR or high-definition maps, achieving a computing power of 3,000 TOPS [12][13]. - The new generation of IRON is designed as a highly humanoid robot with 82 degrees of freedom, capable of complex movements and interactions [17][20]. Group 2: Technological Innovations - The second-generation VLA features a cloud-based model with 720 billion parameters, enabling rapid iteration and high processing power for complex tasks [9][10]. - The Robotaxi's dual-redundancy hardware architecture ensures safety, while its external interaction system enhances communication with pedestrians [13][16]. - The IRON robot employs a solid-state battery for improved safety and efficiency, alongside a proactive safety mechanism to protect users [21][23]. Group 3: Future Development Plans - Xiaopeng aims to achieve mass production of the IRON robot by the end of 2026, focusing on commercial applications in various sectors [23]. - The flight systems include the A868, designed for medium to long-distance travel, and the "land carrier," which has already received over 7,000 pre-orders [24][25]. - The company plans to collaborate with global partners to build a Robotaxi ecosystem, with Gaode as the first partner [16].

Core Viewpoint - Wanma Technology's subsidiary, Youka Technology, has entered into a deep strategic cooperation with Baidu's Apollo Intelligent Driving, marking a significant upgrade in their partnership to a comprehensive collaboration aimed at both the Chinese and global markets [1] Group 1 - Youka Technology was invited to participate in the Baidu World Conference 2025 [1] - A strategic agreement signing ceremony took place at Baidu's technology park in Beijing [1] - The partnership will evolve from basic service cooperation to a full-stack, all-field deep collaboration [1]

Core Insights - The dialogue emphasizes the difficulty of truly understanding companies and the investment philosophy of "buying a company" rather than just stocks [1] - The discussion includes perspectives on Elon Musk and Tesla, highlighting the challenges in the electric vehicle market and the differentiation Tesla has achieved [5][10] Group 1: Investment Philosophy - Understanding companies is a rare skill, with less than 1% of investors truly grasping the concept of "buying a company" [1] - The investment logic spans over three decades, focusing on company recognition rather than market speculation [1] Group 2: Views on Tesla and Electric Vehicles - Tesla has successfully differentiated itself in the electric vehicle market, which is generally perceived as challenging due to low differentiation among competitors [5] - Despite initial enthusiasm for Tesla, the investor's dissatisfaction with service and personal views on Musk led to a decision to sell Tesla stock, which is acknowledged as a mistake [5] - The electric vehicle market is expected to see many companies fail, with only a few surviving in the long run, similar to past experiences in other industries [10]

Core Viewpoint - The company has no plans for mergers or acquisitions related to Chitian Automotive and is currently focused on specific applications in underground mining for its autonomous driving business [2] Company Strategy - The company is concentrating on the development of its core products in autonomous driving, which include intelligent driving systems, drive-by-wire systems, intelligent scheduling systems, and cloud control platforms [2] - A planned investment of 600 million yuan is set for the construction of a mining intelligent driving industrialization base project, aimed at enhancing product R&D and mass production [2] Market Expansion - The implementation of the industrialization base project is expected to strengthen the company's core technological capabilities and accelerate market expansion and industrialization of its autonomous driving business [2] - The company maintains an open attitude towards cooperation and investment opportunities that align with its strategic direction, with updates to be provided through official announcements [2]