（原标题：港股异动 | 博泰车联(02889)再涨近7% 公司连续获得车企海外智能座舱项目定点通知） 消息面上，博泰车联近日公告，公司陆续收到项目定点通知，其中包括收到某头部高端新能源车企出具 的《项目定点通知》，本公司被该客户选定为8295平台海外软硬件一体化项目定点车型座舱域控制器的 供应商；本公司亦收到某全球头部车企出具的一系列汽车智能化项目《项目定点通知》，本公司将为该 车企在全球市场范围内提供高端智能座舱域软硬件一体化核心产品及解决方案。 公开资料显示，博泰车联为中国领先的智能座舱解决方案供应商。业内人士认为，近期项目定点通知的 集中落地表明，博泰车联全栈式智能化解决方案已在国际高端车企中形成稳固竞争力。从公告内容看， 两大定点项目均为海外市场定点开发项目，标志着公司已开启从"技术出海"到"供应链规模化出海"的新 阶段。 智通财经APP获悉，博泰车联(02889)再涨近7%，截至发稿，涨5.41%，报189.1港元，成交额1530.37万 港元。 ...

消息面上，博泰车联近日公告，公司陆续收到项目定点通知，其中包括收到某头部高端新能源车企出具 的《项目定点通知》，本公司被该客户选定为8295平台海外软硬件一体化项目定点车型座舱域控制器的 供应商；本公司亦收到某全球头部车企出具的一系列汽车智能化项目《项目定点通知》，本公司将为该 车企在全球市场范围内提供高端智能座舱域软硬件一体化核心产品及解决方案。 博泰车联(02889)再涨近7%，截至发稿，涨5.41%，报189.1港元，成交额1530.37万港元。 公开资料显示，博泰车联为中国领先的智能座舱解决方案供应商。业内人士认为，近期项目定点通知的 集中落地表明，博泰车联全栈式智能化解决方案已在国际高端车企中形成稳固竞争力。从公告内容看， 两大定点项目均为海外市场定点开发项目，标志着公司已开启从"技术出海"到"供应链规模化出海"的新 阶段。 ...

□ 南京日报/紫金山新闻记者 6月4日，埃斯顿发布公告，拟发行境外上市外资股（H股）股票并在香港联交所主板挂牌上市，引起行 业广泛关注。当月27日，埃斯顿又在港交所递交了上市申请。 曹丽珍 今年以来，一股赴港上市浪潮正在全国范围内持续奔涌。 相关数据显示，今年前三季度，中国企业境外首次公开募股（IPO）的活跃度大幅回升。在上市数量方 面，累计有60家企业选择在港交所主板上市；在境内外上市企业融资额方面，港交所主板占比高达 58.9%，近六成。 这股强劲的浪潮中，南京企业正在成为不可忽视的力量。 今年前三季度，南京4家企业成功上市。其中，药捷安康（南京）科技股份有限公司和南京维立志博生 物科技股份有限公司先后在港交所敲锣上市。目前，13家来自不同行业的南京企业已选择向港交所递交 上市申请，"排队"上市。 13家交表宁企正"排队"赴港上市 今年以来，中国工业机器人产业蓬勃发展，竞争力不断提升。其中，工业机器人龙头企业南京埃斯顿自 动化股份有限公司功不可没。埃斯顿持续位列中国机器人市场第一，截至今年上半年，市场份额达 10.5%，推动中国工业机器人市场国产化率提升至55.3%。 如何助力企业进一步提升市场竞争力？今 ...

11 月 20 日，华为乾崑生态大会在广州盛大启幕，会上鸿蒙座舱携 MoLA 混合大模型 Agent 架构重磅亮相，不仅首推座舱智能化 L1 - L5 五级分级标 准，更以全感官体验、自然交互与主动服务三大方向，重塑智能座舱行业发展格局。目前鸿蒙座舱用户数已突破 120 万，2025 年 1 - 10 月问界车型搭载版 本的平均净推荐值达 93.6%，成用户口碑之选。 作为 HarmonySpace 5 起采用的核心架构，MoLA 通过融合多模态感知、通用大模型与垂域智能体，搭建起从用户意图到硬件执行的完整链路。其独创 的全域免唤醒、导航三模式纠错等功能，让语音交互告别指令束缚。用户说 "车里有点暗" 即可开启阅读灯，导航时可随时改口调整目的地，彻底实现口语 化控车。 此次大会明确鸿蒙座舱率先进入 L3 专业助理阶段。相较于前两级，L3 阶段具备长期记忆、模糊意图理解等核心能力，可主动提供服务。依托感知力、 记忆力等六大类人能力，座舱能记住用户通勤习惯并主动创建场景，还可通过图文视频混合形式解答用车疑问，甚至联动外部工具完成咖啡预订等跨场景任 务。 华为通过行业 Know - How、全栈 AI 算法等能力， ...

今年以来南京有2家企业在港交所敲锣上市另有13家企业 已交表、"排队"上市 "去香港上市" 成了2025年南京企业的热词 今年前三季度，南京4家企业成功上市。其中，药捷安康（南京）科技股份有限公司和南京维立志博生物科技股份有限公司先后在港交所敲锣上市；目 前，13家来自不同行业的南京企业已选择向港交所递交上市申请，"排队"上市。 一股强劲的赴港上市热潮 正在南京这片创新创业热土上 埃斯顿持续位列 中国机器人市场第一 截至今年上半年 市场份额达10.5% 推动中国工业机器人市场国产化率 奔涌、激荡…… 13家交表宁企正"排队"赴港上市 今年以来，中国工业机器人产业蓬勃发展，竞争力不断提升。其中，作为工业机器人龙头企业，南京埃斯顿自动化股份有限公司功不可没。 提升至55.3% 如何助力企业进一步提升市场竞争力？ 今年6月初 埃斯顿给出了"链接全球资本"的响亮回答 6月4日，埃斯顿发布公告，拟发行境外上市外资股（H股）股票并在香港联交所主板挂牌上市，引起行业广泛关注。 事实证明，这一公告的发布，是企业精心筹划后的从容且关键一步，因为就在20多天后的27日，埃斯顿就在港交所递交了上市申请。 公开信息显示，埃斯顿于20 ...

Core Viewpoint - 博泰车联 is experiencing a stock price increase of over 3%, attributed to strategic partnerships and growth prospects in the automotive technology sector [1] Group 1: Strategic Partnerships - In September, 博泰车联 entered a strategic partnership with Porsche to develop next-generation in-car infotainment systems for the Chinese market, set to be used in multiple Porsche models starting in 2026, marking the company's significant entry into the global luxury car supply chain [1] - In October, 博泰车联 partnered with SenseTime to advance innovations in AI smart cockpits, large models, and robotics [1] Group 2: Market Position and Growth Potential - According to a report by Guotai Junan, the acceleration of automotive intelligence is expanding the smart cockpit as a core interaction entry point, positioning 博泰车联 favorably due to its technological capabilities, customer base, product upgrades, and international collaborations [1] - The company is expected to see a substantial improvement in profitability, with revenue growth, recovery in gross margins, and enhanced operational efficiency, projecting its first annual profit in 2026 [1]

Core Viewpoint - 博泰车联 is experiencing a stock price increase of over 3%, attributed to strategic partnerships and growth prospects in the automotive sector [1] Group 1: Strategic Partnerships - In September, 博泰车联 entered a strategic partnership with Porsche to develop next-generation in-car infotainment systems for the Chinese market, set to be used in multiple Porsche models starting in 2026, marking the company's significant entry into the global luxury car supply chain [1] - In October, 博泰车联 partnered with SenseTime to advance innovations in AI smart cockpits, large models, and robotics [1] Group 2: Market Position and Growth Potential - According to a report by Guotai Junan, the acceleration of automotive intelligence is expanding the smart cockpit as a core interaction entry point, positioning 博泰车联 favorably due to its technological capabilities, customer base, product upgrades, and international collaborations [1] - The company is expected to see a substantial improvement in profitability, with revenue growth, recovery in gross margins, and enhanced operational efficiency, projecting its first annual profit in 2026 [1]

Core Viewpoint - 博泰车联 is experiencing a stock price increase of over 3% following strategic partnerships aimed at enhancing its position in the luxury automotive supply chain and advancing AI technologies [1] Group 1: Strategic Partnerships - In September, 博泰车联 entered a strategic partnership with Porsche to develop next-generation in-car infotainment systems for the Chinese market, set to be used in multiple Porsche models starting in 2026, marking the company's significant entry into the global luxury car supply chain [1] - In October, 博泰车联 partnered with SenseTime to promote innovation in AI smart cockpits, large models, and robotics, indicating a focus on integrating advanced technologies [1] Group 2: Market Position and Growth Potential - According to a report from Guotai Junan, the acceleration of automotive intelligence is expanding the smart cockpit as a core interaction entry point, positioning 博泰车联 favorably due to its technological capabilities, customer base, product upgrades, and international collaborations [1] - The company is expected to see a substantial improvement in profitability as revenue scales up, gross margins recover, and operational efficiency improves, with projections indicating the potential for the first annual profit in 2026 [1]

Core Viewpoint - Cathay Securities has initiated coverage on Botai Carlink (02889) with a "Buy" rating and a target price of HKD 280.20, highlighting the company's growth potential driven by the acceleration of automotive intelligence and the expansion of smart cockpit as a core interaction entry point [1] Group 1: Market Position and Growth - The penetration rate of smart cockpit domain controllers in China reached 41.1% in August 2025, a year-on-year increase of 12%, indicating a critical transition from optional to standard features [1] - Botai Carlink has become the second-largest supplier of pre-installed cockpit domain controllers in the Chinese market for new energy passenger vehicles, holding a 10.87% market share from January to September 2025 [1] - Major clients include Huawei, Li Auto, Xpeng, Avita, Lantu, and Seres, with revenue from core clients Huawei and Li Auto expected to account for approximately 50% of total revenue in 2024 [1] Group 2: Product Pricing and International Expansion - The average selling price of domain controllers has increased from RMB 990 in 2023 to RMB 2,141 in 2024, further rising to RMB 2,257 in the first five months of 2025, supporting the company's profitability improvement [2] - A strategic partnership with Porsche was established in September 2025 to develop next-generation in-car entertainment systems for the Chinese market, marking Botai's entry into the global luxury car supply chain [2] - The company has also entered the supply chains of international brands such as Hyundai and Kia, supporting Chinese brands' international expansion through a dual-track model of "serving global automakers + supporting Chinese brands abroad" [2] Group 3: Financial Performance and Projections - The company's gross margin fluctuated between 14.1% and 11.8% from 2022 to 2024 due to chip costs and R&D investments, but is expected to improve with business scale expansion [3] - Gross margin is projected to gradually recover from 12.9% in 2025 to 13.8% in 2027, while R&D expenses are expected to stabilize between RMB 1.9 billion and RMB 2.4 billion annually over the next three years [3] - Revenue is anticipated to grow at a compound annual growth rate of 40.5% from 2024 to 2027, with smart cockpit solutions being the primary contributor, leading to a forecasted net profit of approximately RMB 45 million in 2026 and RMB 175 million in 2027 [3] Group 4: Valuation - Cathay Securities has set a valuation multiple of 7.0x for Botai Carlink for the fiscal year 2026, reflecting a premium compared to peers, based on the company's advantages in customer structure, technological accumulation, and global cooperation [4] - The acceleration of industry consolidation in the smart cockpit sector and the gradual realization of partnerships with high-end brands like Porsche are expected to enhance the company's growth certainty [4]

Core Viewpoint - Cathay Securities has initiated coverage on Botai Che Lian (02889) with a "Buy" rating and a target price of HKD 280.20, highlighting the company's growth potential in the accelerating automotive intelligence sector, particularly in smart cockpit technology [1] Group 1: Market Position and Growth - Botai Che Lian has established itself as the second-largest supplier of cockpit domain controllers in the Chinese market for new energy passenger vehicles, holding a 10.87% market share from January to September 2025 [1] - The penetration rate of smart cockpit domain controllers in China reached 41.1% in August 2025, indicating a significant shift from optional to standard features [1] - The company expects to achieve its first annual profit in 2026, driven by expanding revenue, improving gross margins, and enhanced operational efficiency [1][3] Group 2: Product Pricing and International Expansion - The average selling price of domain controllers has increased from CNY 990 in 2023 to CNY 2,141 in 2024, with further growth to CNY 2,257 in the first five months of 2025, supporting the company's profitability [2] - In September 2025, Botai Che Lian entered a strategic partnership with Porsche to develop next-generation in-car entertainment systems for the Chinese market, marking its entry into the global luxury car supply chain [2] - The company has also integrated into the supply chains of international brands like Hyundai and Kia, supporting Chinese brands' international expansion through a dual-track growth model [2] Group 3: Financial Performance and Projections - The company's gross margin fluctuated between 14.1% and 11.8% from 2022 to 2024 due to chip costs and R&D investments, but is expected to recover gradually, reaching 13.5% in 2026 and 13.8% in 2027 [3] - R&D expenses are projected to stabilize between CNY 1.9 billion and CNY 2.4 billion annually over the next three years, maintaining competitiveness while balancing investment and efficiency [3] - Revenue is forecasted to grow at a compound annual growth rate of 40.5% from 2024 to 2027, primarily driven by smart cockpit solutions, with a projected net profit of CNY 45 million in 2026 and CNY 175 million in 2027 [3] Group 4: Valuation - Cathay Securities has set a valuation multiple of 7.0x for Botai Che Lian for the fiscal year 2026, reflecting a premium compared to peers, based on the company's advantages in customer structure, technological accumulation, and global partnerships [4]