丨 2025年11月7日星期五丨 NO.1日产汽车公司将出售总部大楼 据央视新闻，日产汽车11月6日发布消息称，将以970亿日元(约合人民币45亿元)的价格出售其位于神奈 川县横滨市的日产汽车全球总公司大楼，出售后将以租借的形式继续使用该建筑。据悉，此次出售为日 产汽车经营重建的一环。 据天眼查App信息，近日，江苏理想汽车电池有限公司正式成立，法定代表人为刘立国，注册资本7000 万元。该公司经营范围涵盖电池制造与销售、新兴能源技术研发以及电动汽车充电基础设施运营等。股 权穿透信息显示，江苏理想汽车电池有限公司由山东理想汽车电池有限公司全资控股，而山东公司则由 北京理想汽车有限公司与欣旺达（300207）动力科技股份有限公司共同持股。 点评：江苏理想汽车电池有限公司的成立，标志着理想汽车电池公司在电池制造及相关技术领域的进一 步布局。这不仅有助于提升其在电动车市场中的竞争力，还能推动电动汽车充电基础设施的发展，进一 步完善产业链。同时，理想汽车的这一战略举措可能吸引投资者关注电池相关企业，提升整体行业尤其 是新能源板块的市场信心。 NO.4小马智行、丰田持股公司成立智能科技公司 据人民财讯11月6日消息，骓 ...

Group 1 - Nissan Motor Company will sell its global headquarters building in Yokohama for 97 billion yen (approximately 4.5 billion yuan), continuing to lease the building post-sale as part of its operational restructuring efforts [1] - This sale reflects Nissan's commitment to optimizing its asset structure and may improve its financial situation, enhancing market confidence [1] - The strategic adjustment could serve as a model for other automotive companies, raising awareness of financial health within the industry [1] Group 2 - Volkswagen Group (China) announced a joint venture with Horizon Robotics to establish CARIZON, focusing on the design and development of System-on-Chip (SoC) for smart connected vehicles [2] - This collaboration signifies a shift in foreign companies' strategies in China from technology export to local integration, enhancing supply chain autonomy and cost advantages [2] - The partnership is expected to stimulate the domestic intelligent driving industry and could reshape the competitive landscape of the automotive sector [2] Group 3 - Jiangsu Li Auto Battery Co., Ltd. has been established with a registered capital of 70 million yuan, focusing on battery manufacturing, new energy technology research, and electric vehicle charging infrastructure [3] - The establishment of this company indicates Li Auto's further investment in the battery manufacturing sector, enhancing its competitiveness in the electric vehicle market [3] - This strategic move may attract investor interest in battery-related enterprises and boost market confidence in the new energy sector [3] Group 4 - Pony.ai and Toyota have jointly established Zhuofeng Intelligent Technology (Shenzhen) Co., Ltd., with a registered capital of 28 million yuan, focusing on smart instruments and electric vehicle charging infrastructure [4] - This partnership highlights the commitment of both companies to collaborate in the smart automotive sector, emphasizing the importance of electric vehicle infrastructure [4] - The formation of this company could enhance market attention towards smart transportation and electric vehicle-related enterprises, fostering collaborative development across related industries [4]

中经记者 张硕 上海报道 大众汽车集团CEO奥博穆、大众中国CEO贝瑞德与地平线创始人兼CEO余凯共同开启大众自研新阶段。 张硕｜摄影 11月5日，在第八届中国国际进口博览会开幕当日，《中国经营报》记者现场了解到，大众汽车集团 （中国）正式宣布，将在中国自主设计与研发系统级芯片。据悉，该芯片将由酷睿程（CARIZON）负 责研发。酷睿程为大众旗下软件公司CARIAD与中国智驾科技公司地平线联合成立的合资企业。 大众汽车集团CEO奥博穆表示，此举是推进"在中国，为中国"战略的关键步骤，通过核心技术本地化研 发，强化创新自主性，推动智能驾驶技术普惠化，加速向科技驱动型出行企业转型。 地平线创始人兼CEO余凯表示，大众汽车集团是全球第一个在中国研发辅助驾驶芯片的海外车企。他透 露，该芯片的研发主要由酷睿程执行，CARIAD和地平线将提供支持。据悉，该芯片将为大众新一代智 能网联汽车的高级辅助驾驶和自动驾驶系统提供算力支撑。据悉，该芯片将在未来三至五年内实现量 产，首批芯片将应用于大众汽车集团配备L3及以上自动驾驶功能的中国车型。 （编辑：童海华 审核：李正豪 校对：翟军） ...

Group 1 - Aptiv's CEO Kevin Clark stated that the company has been minimally affected by tariffs due to its global supply chain deployment [1] - The company's supply chain strategy has increasingly shifted towards regional market services, with China being a key production base [3] - Over 80% of the materials or components used in Aptiv's products sold in China come from local suppliers, particularly in the semiconductor sector [3] Group 2 - Aptiv has seen continuous growth in its business in China, with investments or relocations of production bases to Shanghai and surrounding areas [3] - The company recognizes the rapid development of new technologies in China and the potential for growth in areas like artificial intelligence [3] - Clark noted that multinational companies need to adapt to the fast-paced development in the Chinese market, and he disagrees with the notion that all automakers are seeking vertical integration [4]

Core Viewpoint - The special integrated circuit industry is expected to have bottomed out, with stable gross margins maintained [1][2]. Group 1: Financial Performance - Unisoc reported a revenue of 3.047 billion yuan for the first half of 2025, a year-on-year increase of 6.07%, and a net profit of 653 million yuan, up 4.39% year-on-year [1]. - In Q2, Unisoc's revenue reached 2.021 billion yuan, a year-on-year increase of 16.68% and a quarter-on-quarter increase of 97.00%; the net profit was 553 million yuan, up 38.53% year-on-year and 450.56% quarter-on-quarter [1]. - Fudan Microelectronics forecasted a revenue of approximately 1.82 billion to 1.85 billion yuan for the first half of 2025, representing a year-on-year increase of 1.44% to 3.12% [1]. Group 2: Industry Trends - The recovery in the special integrated circuit sector is driven by new products and new fields, with Unisoc maintaining a leading position in FPGA and system-level chip products [1]. - Unisoc has launched several new products for aerospace applications, including aerospace FPGAs and memory solutions, which are seeing successful market promotion and adoption by core users [1]. - Fudan Microelectronics is actively expanding into new products and markets, with growth across various product lines in the integrated circuit design sector, excluding volatile memory [1]. Group 3: Gross Margin Stability - Unisoc's gross margins for 2024 and the first half of 2025 were reported at 55.56%, 55.77%, and 57.95% respectively, with integrated circuit product gross margins at 71.12%, 71.69%, and 74.56% [2]. - Fudan Microelectronics also indicated that its gross margin levels remained stable year-on-year for the first half of 2025 [2].

Core Insights - The company reported a revenue of 3.047 billion yuan for the first half of 2025, representing a year-on-year growth of 6.07%, while the net profit attributable to shareholders was 692 million yuan, a decline of 6.18% [2] Group 1: Special Integrated Circuits - The company demonstrated strong technical capabilities and market competitiveness in the special integrated circuit sector, optimizing its R&D structure and significantly shortening development cycles [2] - The self-built packaging line was successfully put into production, achieving product quality at an industry-leading level [2] - The company maintained its leading position in FPGA and system-level chip products, with new high-performance products achieving mass delivery [2] - In special memory, the company retained its advantage as the most advanced and comprehensive in the domestic market, with new switch chip products being delivered in bulk [2] - Notably, breakthroughs were made in aerospace applications, with new FPGA and read-refresh chips being adopted by core users [2] Group 2: Intelligent Security Chips - The intelligent security chip business achieved new breakthroughs in product technology and market expansion, maintaining a leading position in the global SIM card chip market [3] - eSIM products were introduced to multiple leading smartphone manufacturers and achieved mass shipments [3] - In the financial IC card sector, the world's first open soft and hardware architecture security chip E450R was piloted in bank cards [3] - Significant progress was made in the automotive electronics sector, with automotive security chip solutions being mass-produced for several leading Tier 1 suppliers and OEMs, with annual shipments reaching millions [3] Group 3: Quartz Crystal Frequency Devices - The quartz crystal frequency device business showed steady growth, benefiting from the recovery of the consumer electronics market and rapid development in network communication and smart automotive sectors [3] - The company successfully developed new products such as the SMD2016 high-frequency differential crystal oscillator, enhancing market competitiveness [3] - Several products met the reliability standards of AEC-Q200/100 in automotive-grade products [3] - The company is actively laying out emerging market fields such as aerospace information, artificial intelligence, and low-altitude economy, with the construction of a production base for ultra-micro quartz crystal resonators progressing smoothly [3] Group 4: R&D Investment and Future Outlook - The company continues to maintain high levels of R&D investment, achieving good progress in RF-SOC and digital signal processor DSP fields [3] - The company plans to deepen technological innovation and seize opportunities for domestic substitution, focusing on the three main business segments of special integrated circuits, intelligent security chips, and quartz crystal frequency devices for future development [3]