Group 1: Industry Developments - Jingu Co. established a wholly-owned subsidiary, "Hangzhou Jingu Embodied Intelligence Technology Co., Ltd.," to enter the embodied intelligence sector, focusing on humanoid, quadruped, service, and specialized application robots, leveraging its material technology for cost-effective solutions [2] - The U.S. Department of Transportation plans to propose three new federal motor vehicle safety standards in Spring 2026, aimed at updating regulations for autonomous vehicles without manual controls, reflecting a commitment to reshape the regulatory framework for autonomous driving [2] - Tesla's Robotaxi service is now open to the public in the U.S., following a pilot program in Texas, which could accelerate the adoption of autonomous driving technology and reshape the global transportation landscape [3] Group 2: Strategic Partnerships and Collaborations - Pony.ai announced a partnership with Qatar's national transport company Mowasalat to advance autonomous driving technology in Qatar, adapting its technology to local conditions [4] - Changan Automobile launched the "Tianshu Intelligent" brand, planning to explore applications for industrial robots and family service robots by 2030, marking a shift from vehicle manufacturing to smart living services [5][6] - Uber and Momenta are set to test a joint Robotaxi project in Munich, Germany, with plans for a full launch in 2026, indicating a significant step for Chinese autonomous driving technology in international markets [9][10] Group 3: Regulatory and Safety Initiatives - The China Automotive Engineering Research Institute introduced a "smart driving pyramid grading evaluation system," providing a structured assessment of autonomous driving capabilities to guide industry development and consumer choices [7][8] - The Ministry of Industry and Information Technology is soliciting public opinions on mandatory national standards for intelligent connected vehicles, aiming to strengthen safety measures in the industry [19] - Xiaomi announced a recall of over 116,000 SU7 electric vehicles due to safety concerns with the L2 highway navigation assistance feature, demonstrating a commitment to consumer safety and industry standards [22] Group 4: Market Movements and Financial Activities - Hesai Technology completed a dual listing on the Hong Kong Stock Exchange, raising over 4.16 billion HKD, marking the largest IPO in the global lidar industry [17] - Alibaba Group made a strategic investment in Hello's Robotaxi business, enhancing collaboration in autonomous driving and accelerating the commercialization of Robotaxi services [20][21] - Horizon Robotics established its European headquarters in Munich, enhancing its operational capabilities for the global market and supporting Chinese automotive companies in Europe [11]

Market Performance - The main board led the gains with notable increases in stocks such as Dingxin Communication (+10.07%), Wanda Film (+10.04%), and Guiguang Network (+10.04) [1] - The ChiNext board saw significant rises with Tianshan Electronics (+19.98%) and Boshang Optoelectronics (+14.60%) [1] - The Sci-Tech Innovation board was led by Fuxin Technology (+19.99%) and Tengjing Technology (+14.94%) [1] - Active sub-industries included SW Optical Components (+3.75%) and SW Passive Components (+2.53%) [1] Domestic News - A report from TrendForce indicates that Meta's new AR device, Meta Ray-Ban Display Glasses, is expected to increase the market share of LCoS display products to 13% by 2026 [1] - Baoli International announced an investment in Hongtai Technology, acquiring 1%-3% equity based on a positive outlook for the semiconductor testing equipment industry [1] - Xiaomi has initiated a recall of 116,887 SU7 standard electric vehicles produced between February 6, 2024, and August 30, 2025, as per regulatory requirements [1] - Shengmei Shanghai launched the Ultra ECDP electrochemical stripping equipment designed for wide bandgap semiconductor manufacturing, enhancing etching uniformity and appearance [1] Company Announcements - Ciweng Media announced receiving a government subsidy of RMB 10 million, with RMB 7.6 million attributed to the company, representing 25.04% of the last audited net profit [2] - Kirin Xin'an reported receiving government subsidies totaling RMB 482.94 million related to revenue [2] - Jiayuan Technology signed an investment agreement, paying RMB 45 million for the first tranche and RMB 150 million for the first capital increase [2] - Ankai Micro plans to invest RMB 20 million to increase its stake in Shiqi Future, aiming to enhance its competitive edge in the intelligent vision sector [2] Overseas News - STMicroelectronics announced a $60 million investment to build a new experimental production line for next-generation panel-level packaging technology in France [2] - Major memory manufacturers are accelerating investments in 1c DRAM, with Samsung and SK Hynix making significant moves in production lines [2] - TrendForce reports that AMD's upcoming MI450 Helios platform is prompting Nvidia to push suppliers for higher specifications on key components [2] - Nvidia and Intel announced a collaboration to develop customized data center and PC products to enhance operational efficiency across various applications [2]

Domestic News - The Ministry of Commerce and nine other departments announced 20 measures to promote the expansion and upgrade of the "15-minute convenient living circle" by 2030, aiming to establish 100 pilot cities and create 10,000 well-structured living circles with a resident satisfaction rate of over 90% and a chain store rate of over 30% [1] - The Ministry of Ecology and Environment reported that China has built the world's largest carbon emissions trading market, covering over 60% of the country's carbon emissions, and has initiated a voluntary greenhouse gas reduction trading market [1] - The Ministry of Industry and Information Technology, along with other departments, issued a "Light Industry Stabilization Growth Work Plan (2025-2026)" to enhance the role of light industry in economic stability, with a focus on new growth points such as smart home products and sports leisure products [2] - The Ministry of Transport released a plan to build high-quality data sets for the transportation industry by 2030, aiming to improve data supply and support the development of intelligent transportation networks [2] - The Civil Aviation Administration reported that China's civil aviation achieved a total transportation turnover of 151.8 billion ton-kilometers in August, marking a year-on-year increase of 8% [3] Market Updates - The People's Bank of China announced adjustments to the 14-day reverse repurchase operations, which will now be conducted with fixed quantity and interest rate bidding [3] - The National Foreign Exchange Administration reported that in August 2025, banks settled 15,103 billion yuan and sold 14,058 billion yuan, with cumulative settlements from January to August reaching 113,938 billion yuan [3] - The China Automobile Industry Association is conducting an anti-discrimination investigation in response to the U.S. measures against China's integrated circuit sector, focusing on the impact on the automotive industry [4] Housing and Automotive Industry - Shanghai has optimized its housing property tax pilot policies, providing tax exemptions for high-level talents and first-time homebuyers under certain conditions [5] - Xiaomi Auto Technology has initiated a recall of 116,887 electric vehicles produced between February 6, 2024, and August 30, 2025, in compliance with regulations [5]

Group 1 - Jaguar Land Rover has informed its global workforce of 33,000 employees about ongoing production halts due to a cyber attack, with the production pause extended until September 24, 2025. The company has stated that there has been no impact on deliveries to the Chinese market as of now [2] - Volkswagen will cease supplying the Touareg model to the Chinese market starting in November, citing poor sales performance in recent years despite the model being a flagship for the brand since its launch nearly 30 years ago. However, Volkswagen will maintain after-sales services for the model in China [2] - Xiaomi Auto has announced a recall of 116,887 units of its SU7 standard electric vehicle due to safety concerns related to the L2 highway navigation assistance feature. The company will provide free software upgrades via OTA to address the identified safety risks [2] - Huawei has officially announced a new high-end smart electric vehicle brand named "Qijing," developed in collaboration with GAC Group, marking its entry into the automotive sector [2]

Group 1 - Xiaomi Automotive Technology Co., Ltd. has filed a recall plan with the State Administration for Market Regulation of China, recalling a total of 116,887 units of its SU7 standard electric vehicles produced between February 6, 2024, and August 30, 2025 [2] - The recall includes 98,462 units of the XMA7000MBEVR2 and XMA7000MBEVR5 models under recall number S2025M0149I, and 18,425 units of the BJ7000MBEVR2 model under recall number S2025M0150I [2] - The recall is due to insufficient recognition, warning, or handling of extreme special scenarios when the L2 highway navigation assist function is activated, which may increase the risk of collision if the driver does not intervene in time [2] Group 2 - The same day, other companies also announced vehicle recalls, including GAC Toyota Motor Co., Ltd., Toyota Motor (China) Investment Co., Ltd., FAW Toyota Motor Co., Ltd., and Subaru (China) Co., Ltd., addressing issues such as air conditioning control unit software problems and insufficient durability of heating elements in electric water heaters [3] - These companies will provide follow-up services for the recalled vehicles to eliminate safety hazards [3]

Core Points - Xiaomi Automotive Technology Co., Ltd. has filed a recall plan with the State Administration for Market Regulation, recalling a total of 116,887 units of the SU7 standard version electric vehicles produced between February 6, 2024, and August 30, 2025 [1] - The recall includes two specific models: XMA7000MBEVR2 and XMA7000MBEVR5, totaling 98,462 vehicles, and BJ7000MBEVR2, totaling 18,425 vehicles [2][3] - The recall is due to potential safety hazards related to the L2 highway navigation assistance feature, which may inadequately recognize, warn, or handle extreme scenarios, increasing the risk of collision if the driver does not intervene in time [3] Company Actions - Xiaomi Automotive will utilize over-the-air (OTA) technology to provide free software upgrades to the recalled vehicles to eliminate the identified safety risks [3]

Core Points - Xiaomi Automotive Technology Co., Ltd. has filed a recall plan with the State Administration for Market Regulation, recalling a total of 116,887 units of the SU7 standard electric vehicle produced between February 6, 2024, and August 30, 2025 [2] Group 1 - The recall includes two specific models: S2025M0149I, which involves 98,462 units of the XMA7000MBEVR2 model, and S2025M0150I, which involves 18,425 units of the BJ7000MBEVR2 model [3][4] - The recall is due to potential safety hazards where the L2 highway navigation assistance feature may inadequately recognize, warn, or handle extreme scenarios, increasing the risk of collision if the driver does not intervene in time [4] - Xiaomi will provide free software upgrades via over-the-air (OTA) technology to eliminate the safety risks for the recalled vehicles [4]

上汽、吉利、比亚迪向欧盟法院提起诉讼，反对加征反补贴关税。 上汽集团、吉利控股和比亚迪就欧盟对中国电动汽车加征反补贴税一事，向欧盟普通法院提起诉讼。 此次诉讼是因为 2024 年 10 月底欧盟对中国制造的电动汽车加征反补贴关税，为期五年。比亚迪被加征 17% 关税，吉利为 18.8%，上汽集团最高为 35.3%。欧盟认为中国企业通过政府补贴压低出口价格，导 致不公平竞争。 上汽集团对此裁决表示强烈不满，认为调查过程中存在信息遗漏和认定错误。令中国车企感到不满的还 有对特斯拉中国的单独审查，这让特斯拉中国获得最低的额外关税，仅被加征 7.8%。 上汽是受欧盟反补贴关税影响最大的厂商，2024 年全年上汽集团海外销售汽车 108.2 万辆，根据欧洲汽 车制造商协会 ACEA 数据，上汽去年在欧洲市场的销量达 24.5 万辆，是欧盟地区销量最好的中国车 企。 并且，上汽也有持续进军欧洲市场的计划，集团旗下的智己汽车联席 CEO 刘涛在去年 2 月的媒体沟通 会上表示，2025 年，智己 LS6、L6 两款产品在欧洲等市场进行布局。 迷因币是加密货币的一种，受网络潮流、热梗启发而生，任何人都可以发行，多数只是个玩笑 ...