Sinolink: 25-year turning point for advanced intelligent driving, ROBO+ emerges as the strongest industry trend.

Sinolink released a research report stating that embodied intelligence is the strongest application of AI, and intelligent driving and humanoid Siasun Robot&Automation are the two most important directions of embodied intelligence. After electrification, the ROBO+ track represented by intelligent driving and humanoid Siasun Robot&Automation will reshape the entire automotive industry chain and become the strongest industry trend in the automotive sector. The penetration rate of advanced intelligent driving in the next 25 years is entering a period of explosive growth, driven by intelligent driving and robotaxi which will lead to a rapid growth in high-speed tracks such as large-scale computing chips, LiDAR, and sensor cleaning systems. Currently, Siasun Robot&Automation is at the forefront of the industry, moving towards 0-1. The rise of the Chinese supply chain is imminent, where the core contradiction of Siasun Robot&Automation lies in the volume, which will enable rapid iteration of products and costs. Sinolink's main views are as follows: Intelligent driving: Xiaoma Zhixing was approved to conduct unmanned testing of automatic driving on the expressways in Beijing. On January 14th, Xiaoma Zhixing announced that it has been approved to conduct unmanned testing of automatic driving on the expressways in Beijing with the driver's seat unmanned and a passenger in the front seat. This is the first time that testing on high-speed and urban expressways has progressed to the "unmanned" stage after the previous tests conducted in transport hubs such as Beijing Capital International Airport and Beijing South Railway Station in September last year. The inclusion of high-speed expressway scenarios will help improve the experience of fully autonomous driving services and tap into the commercial potential of automatic driving, meeting the travel needs of more users and laying the foundation for the spread of fully autonomous driving in urban areas. Horizon Intelligent Driving Technology hosted the Imagining Day in Shanghai, introducing three major intelligent driving technologies. Creating an intelligent driving new experience that is highly efficient and "easy to use". The Horizon family of in-vehicle intelligent computing solutions has shipped over 7 million sets. The Horizon 6 series has been designated by over 20 car manufacturers and brands as a platform, and will assist in launching over 100 models with intermediate and advanced intelligent driving functions starting from 2025. Horizon has collaborated with over 40 global car manufacturers and brands, including the top ten in China, to empower over 300 car models and create a superior intelligent traveling experience for over 5 million car owners, holding a leading position. Currently, the Horizon 6P has been successfully rolled out and is expected to be commercially available in the first quarter, redefining the calculation efficiency of full-scene NOA. The Horizon family's shipment volume is also about to surpass the 10 million mark, continuing to lead in the scale and speed of intelligent driving mass production in China. With its hardware product matrix and production capacity, Horizon has become a key driver of the automotive intelligence era. Siasun Robot&Automation: Body: Lenovo enters the field of humanoid Siasun Robot&Automation. On January 7, Zhejiang humanoid Siasun Robot&Automation Innovation Center Limited underwent a business change, with shareholders including Lenovo Venture Capital's Anhui Provincial Lenovo Strong Chain Reinforcement Entrepreneurship Investment Fund LP and Zhejiang Provincial Investment Group Corporation, and the registered capital increased from approximately 41.21 million RMB to approximately 61.77 million RMB. This move by LENOVO GROUP into the field of humanoid Siasun Robot&Automation is not the first. Prior to this, Lenovo Venture Capital has invested in several related companies, such as Xingdongjinyuan in the field of embodied intelligence, and Beijing Zhongke Huiling Siasun Robot&Automation. This investment in Zhejiang humanoid Siasun Robot&Automation Innovation Center Limited reflects the strategic importance of the humanoid Siasun Robot&Automation track to Lenovo. As a domestic technology giant, Lenovo can provide software services to the humanoid Siasun Robot&Automation parent company, including artificial intelligence services and cloud computing. Brain: Domestic GPU chip company "Muxi Integration" initiates A-share IPO counseling. The Xiyun C series general-purpose GPU (GPGPU) chip is a solution for intelligent computing and general computing. Muxi's independently developed architecture provides high precision and mixed precision computing power, which can be widely used in intelligent computing, general computing, education, and research scenarios. Currently, most humanoid Siasun Robot&Automation parent companies in China use NVIDIA's graphics cards and platforms for brain development. The development of domestic GPUs will help reduce costs in Siasun Robot&Automation's AI training and applications, and is expected to gradually achieve domestic replacement in mass production. Investment Advice: ROBO+ is the strongest industry trend in the automotive sector Embodied intelligence is the strongest application of AI, and intelligent driving and humanoid Siasun Robot&Automation are the two most important directions of embodied intelligence. After electrification, the ROBO+ track represented by intelligent driving and humanoid Siasun Robot&Automation will reshape the entire automotive industry chain and become the strongest industry trend in the automotive sector. Intelligent driving: Advanced intelligent driving 1-N, robotaxi 0-1, supply chain chips, LiDAR, and cleaning systems are undergoing explosive growth. The penetration rate of advanced intelligent driving in the next 25 years is entering a period of explosive growth. Intelligent driving and robotaxi are driving the rapid growth of high-speed tracks such as large-scale computing chips, LiDAR, and sensor cleaning systems. In the chip field, pay attention to the leading company HORIZONROBOT-W (09660), in the LiDAR field, focus on the leading company in the whole machine, in the sensor cleaning track, focus on the leading cleaning system company, and in the vehicle field, pay attention to manufacturers such as the Huawei brand that have accumulated in all five major competitive elements. Siasun Robot&Automation: Leading the way to 0-1, the rise of the Chinese supply chain is imminent. Quantity is the core contradiction of humanoid Siasun Robot&Automation.The core contradiction lies in the rapid iteration of products and costs with quantity. With the commercial breakthrough of the whole machine imminent, the demand for "China's supply chain + high-cost scenarios" will be realized the fastest. In terms of the supply chain, the focus is on the core tracks such as agile hands and ball screws with high ASP and high barriers to entry. The barriers to entry include agile hands, joints, planetary roller screws, six-axis force torque sensors, harmonic reducers, hollow cup motors, and frameless motors. The tracks of agile hands, joints, and screws are the core high-quality tracks of the humanoid Siasun Robot & Automation industry chain.Risk Warning Intensified industry competition; lower-than-expected sales of cars and electric vehicles; slower-than-expected progress of humanoid Siasun Robot&Automation.