2026年1月28日，四维图新（股票代码：002405）在上海市合川路2555号上海科技绿洲3期五办公区3号 楼举办特定对象调研及现场参观活动，吸引了国泰财产保险有限责任公司、上海国有资本投资公司、美 国华美银行（中国）、Jefferies香港、华泰证券研究所等30家机构参与。公司IR总监韩旭及鉴智机器人 投融资副总裁张骑出席，就公司智驾业务布局、投资鉴智机器人进展、订单情况等核心问题与机构投资 者展开深入交流。 核心交易落地：15亿投资收益增厚业绩 交流中，四维图新详细介绍了投资鉴智机器人的关键交易。公司以2.5亿元人民币及所持图新智驾100% 股权，认购鉴智机器人发行的股份。交易完成后，四维图新合计持有鉴智机器人39.14%股份，成为其 第一大股东，重组后的"新鉴智"将作为公司旗下智驾业务的核心平台。 据披露，该交易按企业会计准则核算，将增加四维图新合并报表投资收益，经初步测算约为15亿元人民 币。目前，本次投资已于2025年12月10日顺利完成，为公司业绩带来显著增厚。 在技术能力方面，新鉴智展现出显著优势。公司拥有业内首发量产级BEV及OCC感知范式的原创能 力，并曾获nuScenes权威评测集排名第 ...

1 以千元级系统成本实现"行泊性价比方案样板"，同时满足车 企全方位的出海需求，目前已获国内外多个头部车企的量产 订单，将实现全球首批规模交付；基于征程®6E 的中阶高 速 NOA 方案 PhiGo Pro，已在多个车企、不同价格区间、 多种动力形式的车型上实现"规模放量"，并将逐步下探落地 至 10 万元以内车型；基于征程®6P 的端到端全域城区方案 PhiGo Max，已和战略伙伴深度共建合作，将于 2026 年正 式量产。 3. 新鉴智具有哪些技术能力 公司具有业内首发量产级 BEV 及 OCC 感知范式的原 创能力，并荣获 nuScenes 权威评测集排名第一。公司自主 研发的 OmniNWM 全知驾驶导航世界模型在视频生成质 量、控制精度、长时稳定性上达到 SOTA 行业领先，显著 提升在复杂驾驶场景下的鲁棒性和泛化能力。公司具有丰富 的算法落地经验，累计出货超 130 万套，算法工程化能力行 业领先，在硬件 BOM 成本和算法在不同芯片平台的迁移等 研发周期上具有行业优势。 4. 公司后续的智驾业务落地模式 北京四维图新科技股份有限公司 投资者关系活动记录表 编号：2026-01 | | √特定对 ...

Group 1: Investment Overview - Four-dimensional Map Technology Co., Ltd. invested 250 million RMB to acquire 39.14% of Intelligent Robot, becoming its largest shareholder [1] - The investment is expected to increase the consolidated investment income by approximately 1.5 billion RMB [1] - The investment was successfully completed on December 10, 2025 [1] Group 2: Product Offerings - Intelligent Robot offers a differentiated product matrix ranging from low to high-level autonomous driving solutions [2] - Key products include PhiGo Pro, PhiGo Pro+, and PhiGo Max, with capabilities such as full coverage in urban and highway scenarios and support for city NOA functions [1][2] - PhiGo Max features over 1000 Tops of computing power and is designed for future upgrades to Level 3 autonomy [1] Group 3: Technical Capabilities - The company has original capabilities in mass production-level BEV and OCC perception paradigms, ranking first in the nuScenes evaluation [2] - The OmniNWM technology significantly enhances video generation quality, control precision, and long-term stability, improving robustness in complex driving scenarios [2] - The company has shipped over 1.3 million units, showcasing its leading algorithm engineering capabilities [2] Group 4: Business Strategy and Orders - The company aims to focus on automotive intelligence, striving to become an industry leader with a dual-platform development and production capability [2] - Current orders span low, medium, and high-level products, with clients including top international car manufacturers and luxury brands [2] - Revenue from these orders is expected to improve as production progresses [2] Group 5: Vehicle-to-Everything (V2X) Developments - The company is one of the earliest players in the V2X industry in China, with significant technical reserves and experience [2] - It has won bids for projects in high-level autonomous driving demonstration zones, including the provision of intelligent perception equipment [2] - Ongoing projects are advancing in multiple cities, including Beijing, Changchun, and Jinan [2]