三羊马(001317)最新披露的公告显示，公司于7月25日举行投资者电话会议，与光大证券等94家机构的 人士围绕三羊马智人科技（重庆）有限公司（简称"智人科技"）的相关业务展开深度交流。 此前在7月7日晚间，三羊马官方微信发布消息，旗下智人科技完成关键战略布局，成功引入冰零智能科 技 (常州) 有限公司（简称"冰零科技"）为战略投资者，为企业发展注入强劲动能。 谈及智人科技的定位，三羊马方面表示，智人科技前期以汽车传感器的销售为主、未来主要从事汽车传 感器的研发生产、业务延伸到机器人传感器的研发生产、低空传感器的研发生产。传感器业务定位主要 集中在汽车动力和底盘领域，这两个领域与安全密切相关，技术壁垒较高且国产化程度较低。其中，底 盘传感器的国产化率不超过20%，而空悬领域的传感器则基本被外资垄断。 "汽车行业准入壁垒很高，三羊马在整车物流行业深耕20年，和主机厂建立了长期稳定的合作关系，冰 零科技有很强的技术实力。双方希望通过协同效应，在西南地区的主机厂中寻求共同发展，发挥各自优 势。"三羊马方面表示。 紧接着在7月24日晚间，三羊马宣布智人科技与国内某汽车专用零部件公司签署了《产品采购合同》， 由智人科技 ...

Group 1: Company Overview - SanYang Ma (Chongqing) Logistics Co., Ltd. focuses on automotive sensor sales and plans to expand into the research and production of robotic and low-altitude sensors [1] - The company's sensor business is primarily concentrated in the automotive power and chassis sectors, which are closely related to safety and have high technical barriers [1] - The domestic market for chassis sensors has a localization rate of less than 20%, while the air suspension sensor market is largely monopolized by foreign companies [1] Group 2: Strategic Partnerships - The collaboration between SanYang Ma and IceZero is driven by the high entry barriers in the automotive industry and aims to leverage each other's strengths for mutual growth in the Southwest region [2] Group 3: Financial Performance - The company reported a net loss and a loss in net profit excluding non-recurring items for the first half of 2025, primarily due to increased depreciation expenses from fixed asset conversion and rising operational management costs [2] - Financial costs increased due to the capitalization of project loan interest and higher credit impairment losses from increased accounts receivable [2] - Despite the losses, the macro environment for the automotive logistics sector remains stable, with China's automotive production consistently above 30 million units annually, indicating ongoing demand for automotive transportation [2] Group 4: Product Development - The automotive industry demands high reliability, consistency, and cost-effectiveness in products, particularly in the chassis domain, which has been previously dominated by foreign companies [2] - Future product extensions are planned into robotics and low-altitude fields [2] Group 5: Order Details - The company has secured an order worth 120 million yuan, categorized into special vehicles and automotive chassis suspension sectors, with a delivery cycle of 5 years [2] - Due to commercial confidentiality, specific customer details cannot be disclosed [2] Group 6: IceZero's Growth - IceZero Technology, established in 2022, has maintained an annual revenue growth of approximately 50% [3]