证券代码：301600 证券简称：慧翰股份 慧翰微电子股份有限公司 2026 年 1 月 14 日投资者关系活动记录表 编号：2026-002 | 投资者关系活 | 特定对象调研 □分析师会议 □媒体采访 ☑ | | --- | --- | | 动类别 | □业绩说明会 □新闻发布会 □路演活动 | | | 现场参观 □其他（电话会议） ☑ | | 参与单位 | 中信证券、铧昊基金、德丰汇资管、巨远投资 | | 时间 | 2026 年 1 月 14 日 15:00-16:00 | | 地点 | 1#楼 5 层会议室（一） | | 上市公司接待 | 冯静女士、潘敏涛先生 | | 人员 | | | 投资者关系活 动主要内容 | 1、请问公司去年 1 月份通过了欧盟新一代 NG-eCall 认 | | | 证，请问该认证和原来的 eCall 认证有什么区别？与国标的 | | | AECS 相比要求会更高吗？ | | | 公司是全球首批获得欧盟 NG eCall 认证的企业。该认证 | | | 是传统 eCall 认证的升级版本，围绕车载紧急呼叫系统的技 | | | 术标准、数据传输能力及网络兼容性完成全面迭代优化： ...

Group 1: Regulatory Standards and Compliance - The EU's NG-eCall standard was updated to align with advancements in communication technology, transitioning from 2G/3G to 4G/5G to enhance emergency response efficiency and societal value [2][3] - The national standard AECS in China is on par with the EU's NG-eCall, with some requirements being even stricter, including support for 4G/5G technology and integration of the Beidou satellite navigation system [3] Group 2: Product Development and Market Position - The company has introduced a 5G-V2X TBOX product to meet the growing demand for smart driving and connectivity, significantly increasing the value per vehicle [4] - The TBOX market is dominated by three types of suppliers: international automotive component suppliers, suppliers with automotive backgrounds, and independent third-party suppliers like the company [4][5] Group 3: Competitive Advantages in eCall - The company was an early entrant in the eCall sector, obtaining the first EU eCall certification in China in 2019 and the new NG-eCall certification in January 2025, establishing a technological lead [7][8] - The company has participated in the development of national standards and was the first to pass the national AECS test, ensuring compatibility with all global emergency call systems [7] Group 4: International Expansion and Revenue Growth - The company's current export model primarily involves domestic manufacturers, with plans to enhance international presence by transitioning from "exporting vehicles" to "exporting technology" [9] - The company has achieved the German VDA6.3 certification, which enhances its credibility and capability to expand its international market share [9] Group 5: Future Development Strategies - The company aims to deepen its core business while exploring new growth areas, including digital energy management solutions and expanding applications of 5G-V2X technology [10] - The strategy includes leveraging existing technological foundations to support domestic and international automotive manufacturers in meeting safety standards [10]

Group 1: Certification and Standards - The company is the first in China to obtain the EU's next-generation NG-eCall certification, which enhances the traditional eCall system by upgrading from 2G/3G to 4G/5G networks, improving data transmission rates significantly [1] - The national standard AECS integrates China's Beidou satellite navigation system and differs from the EU's NG-eCall in terms of data transmission and voice channels [1] - The implementation of the national standard AECS is expected to significantly reduce rescue times and lower traffic accident mortality rates, similar to the impact of seat belts and airbags [2] Group 2: Market Penetration and Impact - Prior to the national standard AECS, domestic eCall systems were defined by individual car manufacturers, lacking a unified standard; post-implementation, the penetration rate is projected to reach 100% [2] - The company has established a competitive advantage in the eCall sector by being an early mover, participating in the development of industry standards, and achieving multiple certifications [3][4] Group 3: Digital Energy Management Solutions - The company's digital energy management solution utilizes integrated "end and cloud" technology to enhance battery management and support various energy trading scenarios [6] - This solution is already applied in key areas such as automotive power batteries and energy storage systems, and is expanding into emerging fields like electric shipping [6] Group 4: Future Development Strategies - The company is in a strategic growth phase, focusing on deepening its core business while exploring new growth areas [7] - It aims to leverage its established technology and product base to support domestic and international vehicle manufacturers, thereby shortening their certification cycles [7][8] - The company is also expanding its digital energy management solutions and 5G-V2X applications to enhance product value and explore new market opportunities [8]