Group 1 - The core idea of the articles revolves around the "anti-involution" policies aimed at addressing excessive competition in various industries, particularly focusing on the need for regulatory measures to improve product quality and eliminate low-price competition [1][2][3] - The "anti-involution" policy has evolved through several stages, starting from the initial discussions in 2024 to the latest measures proposed in 2025, indicating a comprehensive approach to tackle the issue of irrational competition [2][3] - The macroeconomic impact of "involution" includes a downward spiral of prices leading to reduced corporate profits and consumer spending, necessitating a structured approach to reverse this trend and stimulate economic growth [2][3] Group 2 - Industries expected to break the "involution" cycle include new energy sectors such as solar and electric vehicles, where technological innovation is seen as a key driver for differentiation and competition [4][5] - Traditional cyclical industries like steel and cement are also highlighted, with a focus on supply-side reforms to improve capacity utilization and financial stability [5] - The consumer manufacturing sector is encouraged to enhance quality and reduce costs through digitalization, particularly in livestock farming, to mitigate the effects of cyclical price fluctuations [5] Group 3 - The stock market is anticipated to experience a shift due to "anti-involution" measures, with potential improvements in profitability for certain sectors if price stability and capacity reduction are achieved [6][7] - The current market phase is characterized by policy-driven expectations, with future stages involving capacity clearing and profit recovery, similar to past supply-side reforms [6][7] - Investment strategies should focus on supply-side optimization, technological advancements, and market expansion opportunities, indicating a structural shift in the market dynamics [7][8]

雷递网 乐天 7月10日 深圳佑驾创新科技股份有限公司（简称"佑驾创新"，股份代号：2431）日前发布公告，称公司日前完成配售，每股配售股份净价格约为22.81港元。 佑驾创新此次一共配售6,800,000股新H股，募资总额为1.58亿港元，扣除发行应付上市费用后，募资净额为1.55亿港元。此次配售距离佑驾创新完成上市仅7 个月时间。 | | 紧接配售事項完成前 | | 緊隨配售! | | --- | --- | --- | --- | | | | 佔本公司 | | | | | 已發行股份 | | | | 所持 | 總數的概約 | 所持 | | | 股份數目 | 百分比(1) | 股份數目 | | 未上市股份 | | | | | 單一最大股東集團(2) | 54,393,436 | 13.60% | 54.393.436 | | 一一致行動人士集團(2) | 43.838.896 | 10.96% | 43.838.896 | | 一員工持股計劃控股實體(2) | 10,554,540 | 2.64% | 10,554,540 | | 其他未上市股份持有人 | | | | | 持有的未上市股份 | 35,18 ...

2025年7月9日，中国领先的智能驾驶及智能座舱解决方案供应商佑驾创新(02431)发布公告称，已于当 日完成680万新H股的配售事项，所得款项净额为1.55亿港元。将加大中高阶辅助驾驶与L4自动驾驶的 投入。本轮配售于7月2日开启。 公告显示，根据配售协议的条款及条件，公司配售代理已按配售价每股配售股份23.26港元向不少于6名 承配人成功配售合共680万股，占经扩大后已发行股份数目的约1.67%。各承配人及其最终实益拥有人 均为机构及企业投资者(均为独立第三方)，无承配人于紧随配售事项完成后成为公司的主要股东。 公告显示，此次配售事项的所得款项总额合共约为1.58亿港元，而配售事项的所得款项净额(经扣除佣 金、其他相关开支及专业费用后)约为1.55亿港元。每股配售股份的净价格约为22.81港元。 据悉，佑驾创新今年凭借智能辅助驾驶与智能座舱两大业务已斩获多家定点。其中在中高阶辅助驾驶项 目方面，目前公司最新推出的中高阶辅助驾驶域控制器iPilot4plus，可支持城市领航辅助驾驶、车位到 车位、哨兵模式等功能，应用场景覆盖城区、高速、停车场，产品将搭载于30万元级别的高端车型上， 于年内完成量产交付；面向 ...

神州租车与百度Apollo宣布，正式推出面向公众的自动驾驶租车服务。神州租车自动驾驶租车服务是基 于百度Apollo L4级自动驾驶平台打造，是实现自动驾驶、全流程自助的租车产品。(新京报) ...

Core Viewpoint - Dongfeng Motor Corporation is focusing on enhancing product competitiveness and operational efficiency to improve profit margins in the light truck industry, while also increasing investment in new energy products and expanding its global market presence [2][9]. Group 1: Financial Performance - As of July 4, 2025, Dongfeng shares closed at 7.15 yuan, down 1.24% from the previous week [1] - The company received a government subsidy of 10 million yuan, which represents 34.29% of its audited net profit attributable to shareholders for the fiscal year 2024, positively impacting its 2025 profits [8][9]. Group 2: Market Strategy - The company plans to achieve an annual sales target of 50,000 units through optimized product layout, lean marketing, and new media marketing, despite a decline in first-quarter sales compared to the previous year [2][9]. - Dongfeng's global development strategy includes accelerating product layout in domestic and international markets and establishing international operational capabilities [2]. Group 3: Product Development - The company is increasing its investment in new energy products, covering light trucks, VN vehicles, and micro trucks, with expectations of higher penetration rates in the LCV new energy market by 2025 [2]. - Dongfeng's intelligent driving business, which includes both assisted driving and L4-level autonomous driving, has already achieved commercial operation and will continue to evolve according to regulatory requirements and market demands [2]. Group 4: Communication and Governance - The company emphasizes long-term value creation for investors and is committed to enhancing communication and engagement with them [5]. - Dongfeng will adhere to information disclosure requirements regarding the restructuring plans with Changan Automobile [6].

格隆汇7月3日丨佑驾创新(02431.HK)发布公告，2025年7月2日，公司与独家配售代理(即中信证券)订立 配售协议，据此，公司同意委任独家配售代理，而独家配售代理同意作为公司的代理尽最大努力促使不 少于6名承配人(将为机构、企业专业及其他投资者，且彼等及彼等的最终实益拥有人将为独立第三方) 按配售价每股配售股份23.26港元认购最多680万股新H股。 此外，配售事项将为集团L4自动驾驶业务iRobo提供资金支持。依托全栈自研先发优势，伴随今年L4自 动驾驶项目需求爆发，集团已进入项目与投入并行增长阶段。为把握市场机遇、加速商业化解决方案落 地，需增加该业务投入，推进技术创新与商业模式探索。董事会认为，鉴于近期市场状况，此次配售对 集团而言是一个机遇，也是一种合适的融资选择，有助于集团筹集额外资金以支持其业务增长，特别是 支持中高阶辅助驾驶业务规模化扩张及L4自动驾驶iRobo业务商业化落地，并进一步使公司股东结构和 资本基础多元化。 假设所有配售股份获悉数配售予承配人，配售事项的所得款项总额预期合共约为1.58亿港元，而配售事 项的所得款项净额(经扣除佣金及估计开支后)预期合共约为1.55亿港元。公司拟 ...

展出产品涵盖多场景、智能化、电动化的新品阵容，让金龙重汽成为本届煤博会一道靓丽风景 线。 携手卡尔动力，引领无人化运营风潮 本届煤博会，金龙重汽着重推出的这款与卡尔动力公司合作的前装量产双冗余L4级自动驾驶 新能源卡车，专为无人化货运场景开发，引起了行业各界的重点关注。 据了解，该车拥有包括5个激光雷达在内的20余个传感器，可实现360度多冗余覆盖，自研的 KargoBrain核心计算单元和KargoConnect核心通讯单元，具备1000TOPS超高算力和供 电、通信、制动的冗余设计。 近日，第十九届鄂尔多斯国际煤博会隆重开幕。本届煤博会集结了近3000家企业参展、参 会，既有世界500强、中国煤机装备制造企业50强，也有国家专精特新小巨人企业、煤机装备 制造供应链头部企业，全方位展示行业最新技术成果。 作为鄂尔多斯高新区2023年重点引进企业，金龙重汽携多款重磅新品震撼亮相，包括腾龙EV 6x4牵引车系列产品，翼龙4x2港拖牵引车，KD800 8x4充换电自卸车、KS800 8x4纯电搅 拌车，KL105E、KL135E两款新能源矿卡，以及与卡尔动力公司合作的前装量产双冗余L4级 自动驾驶新能源卡车。 作 ...

Core Insights - The launch of the first L4 level autonomous public transport line in Jinan marks a significant advancement in the city's smart driving sector, transitioning from L3 to L4 in just six months [1][6][12] - Jinan is positioning itself as a "driverless city" with ongoing developments in various autonomous driving applications, including logistics and sanitation [7][10][15] Group 1: Autonomous Public Transport - The L4 level autonomous buses, which lack a driver's seat and traditional controls, are equipped with numerous sensors and laser radars for environmental scanning [4][6] - The public's interest in the L4 buses has been high, with over 2,300 citizens having experienced the earlier L3 level service within two months of its launch [6][12] - The transition from L3 to L4 represents not only an upgrade in classification but also a comprehensive technological enhancement [6] Group 2: Broader Applications of Autonomous Driving - Jinan is expanding its autonomous driving initiatives beyond public transport, with L4 level autonomous delivery vehicles already operational, achieving a 30%-50% reduction in transportation costs [7][8] - Autonomous cleaning vehicles are also being deployed, enhancing efficiency and quality in sanitation operations [10] Group 3: Infrastructure and Industry Development - Jinan benefits from extensive infrastructure for testing autonomous vehicles, including a 26-kilometer closed highway and 174.75 kilometers of public roadways designated for testing [10][12] - Collaborations with companies like Huawei for developing autonomous mining vehicles indicate a growing industrial base in Jinan [10] Group 4: Policy Support and National Pilot Programs - Jinan's progress in autonomous driving is supported by comprehensive policy frameworks established since 2018, facilitating testing and commercial applications [12][13] - The city has been recognized as a national pilot for electric public vehicles and smart connected vehicles, which will drive further investment and infrastructure development [13] Group 5: Learning from Other Cities - Jinan is looking to cities like Wuhan and Guangzhou for best practices in autonomous driving, particularly in policy innovation and infrastructure development [15][17] - The experiences of these cities highlight the importance of a robust smart traffic system and supportive regulations for the successful implementation of autonomous vehicles [15][17]

据高盛最新研究报告预测，中国无人驾驶出租车市场规模将从2025年的5400万美元快速增长至2030年 的120亿美元，年均增速超过96%。造父科技拟于2025年第三季度在沪蓉等20个城市率先投放500套 关注公众号，点击公众号主页右上角" ··· "，设置星标 "⭐" ，关注 鑫椤锂电 资讯~ -广告- 本文来源：储能前沿 全球动力电池龙头宁德时代正式跨界进军自动驾驶领域。 6月23日， 宁德 时代联合本地出行巨头哈啰、科技金融企业蚂蚁集团 共同注资成立 上海造父智能 科 技 有 限 公 司 ， 注 册 资 本 12.88 亿 元 ， 三 方 首 期 出 资 超 30 亿 元 ， 剑 指 L4 级 自 动 驾 驶 出 租 车 （Robotaxi）的研发与商业化。 此举标志着中国自动驾驶赛道迎来重 量级玩家，也折射出宁德时代 从"电池供应商"向"智能出行生态构建者"的战略跃迁。 | | 上海造父智能科技有限公司 、应用 · 企业中心 全国企业信用管询 | | 43 查一下 | | | | --- | --- | --- | --- | --- | --- | | 基本信息 7 | 法律诉讼 知识产权 | 经营风 ...

每日经济新闻 （责任编辑：张晓波 ） 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 天风证券研报称，2025年或是自动驾驶出租车的元年，预计自动驾驶出租车市场有望从2027年开始 迅速增长，于2030年达到接近5000亿元的规模，达到2027年的22倍，在智慧出行中的渗透率达到32%。 智能驾驶商业化节奏提速，相关产业投资价值受关注。中证智能电动汽车指数以汽车、电力设备、 电子为前三大权重行业，合计占比近八成；中证汽车零部件主题指数以汽车行业为第一大权重行业，占 比超六成。智能汽车ETF易方达（516590）、汽车零部件ETF（159565）等跟踪以上指数的产品，可帮 助投资者便捷布局智能汽车产业发展机遇。 网约车、汽车零部件板块今日早盘领涨市场，截至9:55，中证智能电动汽车指数上涨1.5%，中证汽 车零部件主题指数上涨2.1%。 昨日，由哈啰、蚂蚁集团、宁德时代通过旗下投资主体共同发起成立的"造父智 ...