Core Viewpoint - The company Ambarella is enhancing its localization strategy in China, focusing on developing high-performance, cost-effective solutions tailored for local automotive manufacturers, aiming to create a fully autonomous and controllable smart vehicle ecosystem [1][2]. Group 1: Localization Strategy - Ambarella is advancing its "Localization Strategy 2.0," which aims to build a 100% autonomous and controllable smart automotive technology system using Chinese talent, supply chains, and innovations [2][3]. - The company is investing heavily in China, including the establishment of two new factories: one in Wuhan for high-pressure connector systems and another in Shanghai for localized high-pressure power distribution solutions [2]. - Ambarella is also launching a smart factory for active safety products in China, which will supply key components domestically [2]. Group 2: Software and Testing Capabilities - The company is strengthening its software development and testing capabilities by establishing a new data center and testing center in China, building on the existing Wind River software center in Shanghai [3]. - Ambarella has introduced cross-domain integration solutions based on local chips to maximize cost efficiency for automotive manufacturers and consumers [4][6]. Group 3: Supply Chain and Ecosystem - Ambarella has partnered with over 100 local core suppliers to achieve a 100% domestic supply chain, with a rapid increase in localization rates [5]. - The company showcased highly localized supply chain systems at the auto show, emphasizing products developed in collaboration with local ecosystems [5]. - Key localized innovations include the Wind River Real-Time Operating System (RTOS) and Hypervisor, both developed in China and free from foreign control components [5][8]. Group 4: Globalization Support - Ambarella's "Chinese solution" has successfully assisted several automotive companies in expanding overseas, including significant reductions in software development cycles and costs for GAC [9]. - The company provides comprehensive support for new automotive clients, including compliance data collection, local vehicle maintenance, and rapid response services [9]. - Ambarella aims to enhance the global presence of Chinese automotive companies, transitioning from "Made in China" to "Created in China" by 2027, with plans for global supply chain coverage [11].