证券日报网讯 12月17日，浙江世宝在互动平台回答投资者提问时表示，公司与众多国内传统车企及新 势力车企均有长期配套合作，公司的智能转向、线控转向、电调管柱等产品均适用于L3及以上自动驾 驶。工业和信息化部L3自动驾驶准入目录的公布，有利于推进高级别自动驾驶的上路及普及，将会促 进公司智能化转向产品的推广及量产。 （文章来源：证券日报） ...

格隆汇12月17日丨浙江世宝(002703.SZ)在投资者互动平台表示，公司与众多国内传统车企及新势力车 企均有长期配套合作，公司的智能转向、线控转向、电调管柱等产品均适用于L3及以上自动驾驶。工 信部L3自动驾驶准入目录的公布，有利于推进高级别自动驾驶的上路及普及，将会促进公司智能化转 向产品的推广及量产。 ...

12月17日，智能驾驶概念延续强势，浙江世宝（002703）开盘后迅速冲上涨停，收获2连板。随后浙江世宝一度开板，午后再度拉升封板，最新股价报 14.47元/股。索菱股份、万集科技、德赛西威跟涨。 消息面上，浙江世宝12月17日在互动平台表示，公司与众多国内传统车企及新势力车企均有长期配套合作，公司的智能转向、线控转向、电调管柱等产品 均适用于L3及以上自动驾驶。工信部L3自动驾驶准入目录的公布，有利于推进高级别自动驾驶的上路及普及，将会促进公司智能化转向产品的推广及量 产。 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，长安汽车与北汽极狐成为首批获准企业，其获批车型将分别在重庆指定拥 堵路段和北京指定高速路段开展上路试点。这标志着我国L3级自动驾驶从测试阶段迈入商业化应用的关键一步。（详见长安、极狐L3级自动驾驶，获准 上路试点） 创业板指午后涨幅扩大至2%，截至发稿上涨2.02%，沪指涨0.58%，深证成指涨1.38%。 | 上证指数 | 深证成指 | 创业板指 | | --- | --- | --- | | 3846.91 | 13092.75 | 3133.80 | | + ...

Group 1: Financial Performance - In the first half of 2025, the company achieved revenue of 1.524 billion yuan, a year-on-year increase of 35.32% [2] - The overall gross margin for the same period was 18.01%, a decrease of 1.77% year-on-year, primarily due to a decline in product prices amid intensified competition in the automotive industry [2][3] - The C-EPS product, which contributes approximately 50% of revenue, significantly impacted the gross margin due to price declines [3] Group 2: Production and Capacity - The current overall capacity utilization rate is maintained at a healthy level of 80%-90% [3] - The first mass production project for steer-by-wire is expected to start in the second half of 2026, while the rear-wheel steering project is anticipated to begin mass production in Q4 of this year [3] Group 3: Market Position and Strategy - The company has over 40 years of experience in the commercial vehicle market and holds a market share exceeding 50% in the electric steering gear for new energy light trucks [4] - The company is actively pursuing supplier qualification certifications with several international automotive manufacturers, with no immediate plans for overseas factory investments [3][4] - The company is focused on expanding its product offerings in electric and intelligent steering systems to match market demand growth [3] Group 4: Cost Management and Efficiency - The proportion of selling, administrative, and research expenses relative to revenue continues to decline, indicating potential for further optimization [4] - The company aims to enhance net profit margins through digital management and process optimization [4]

Group 1 - The company anticipates that the domestic steer-by-wire market will begin large-scale development in 2026, marking a significant milestone for the industry [2] - As a leading local steer-by-wire supplier, the company has secured project allocations from several major OEMs, with mass production expected to commence in the second half of 2026 [2] - The steer-by-wire technology enhances vehicle autonomous driving capabilities by reducing mechanical components and relying on signal transmission, providing greater flexibility in chassis and cabin layout, making it the preferred steering system for high-end intelligent driving models at L3 and above [2] Group 2 - The company has completed annual price negotiations with most clients as of the end of the first half of the year, with only a few negotiations still ongoing, leading to expectations of stable product prices in the second half [3] - The C-EPS product has been significantly impacted by price declines, resulting in a noticeable decrease in its gross margin, which has affected the company's overall gross margin due to its contribution of approximately 50% to revenue [3] - With the gradual increase in sales of high-end EPS products and the expanded revenue contribution from electric steering columns and electric steer-by-wire systems, the company's gross margin is expected to improve further [3]

Group 1: Revenue Growth and Performance - The company's revenue growth in 2024 and Q1 2025 is primarily driven by product structure optimization and increased value per vehicle [1] - Profit growth is attributed to effective cost control, leading to a decrease in expense ratio relative to revenue [2] - The company maintains a strong outlook for sustainable growth, focusing on smart and electric technology routes [2] Group 2: Production and Technology Development - The company has solid technical reserves in steer-by-wire technology and is progressing with several mainstream automakers, with some projects expected to be mass-produced by 2026 [2] - The steering industry is undergoing a competitive restructuring due to the acceleration of vehicle electrification and intelligence [2] - The company plans to enhance R&D investment to strengthen its position in the smart steering sector [2] Group 3: Market Expansion and Client Base - The company is actively expanding its international market presence and is in the process of qualification certification with several well-known international automakers [2] - Major clients in the passenger vehicle sector include traditional automakers like Chery and Geely, as well as new players like NIO and Li Auto [3] - The company is optimistic about revenue growth in 2025, driven by increasing penetration of new energy vehicles and demand for intelligent steering systems [3] Group 4: Future Product Launches and Collaborations - New production capacity in 2025 will focus on electric steering columns and R-EPS [3] - The company is engaged in technical exchanges for steering technology with various clients in the unmanned logistics vehicle sector [3] - The company has developed technology reserves in rear-wheel steering, with projects expected to be mass-produced by 2026 [3]