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Summary of Conference Call Transcript Industry Overview - The discussion revolves around the automotive industry, specifically focusing on the trend of steer-by-wire technology as part of the broader trend towards vehicle intelligence. The potential for increased penetration rates in this technology is highlighted as significant, indicating a large growth opportunity in the future [1]. Core Insights and Arguments - The advancement of steer-by-wire technology is seen as a crucial component in the ongoing process of vehicle intelligence, suggesting that the market for this technology will expand considerably [1]. - The emergence of domestic manufacturers achieving breakthroughs in technology and products is noted, indicating a shift towards local production capabilities [1]. - The progress in the speed of import substitution is recognized as being quite positive, suggesting that domestic companies are increasingly able to meet market demands previously fulfilled by imports [1]. Additional Important Points - The mention of specific technologies such as "Starry Sky Automatic" and "Starry Sky Steering" indicates a focus on innovative solutions within the industry, which may represent future trends and competitive advantages [1].