Hong Kong stock concept tracking | Rolled into cabbage price! BYD Company Limited's "Eye of Heaven" enters the 70,000-level market, benefiting stocks in the industrial chain include these (with concept stocks)

On the evening of February 10th, BYD Company Limited (01211) officially released the high-end intelligent driving system "Tianshenzhiyan", divided into three versions, with the three-laser version mainly installed in the "Yangaoming" model. Chairman Wang Chuanfu stated that the high-end intelligent driving system "Tianshenzhiyan" can achieve full-speed zero handoff. All 21 models of BYD Company Limited will be equipped with "Tianshenzhiyan" high-end intelligent driving system, with the 200,000-level, 150,000-level, and 100,000-level models being standard across the board, while most models below 100,000 will also be equipped. At the same time, the first batch of 21 models equipped with the high-end intelligent driving system "Tianshenzhiyan" have been officially released, with the official slogan of "increasing quantity without increasing price." It is worth noting that BYD Company Limited's cheapest model, the Seagull, will also be equipped with the high-end intelligent driving system, making it the first A00-level small car to promote intelligent driving in the domestic car market. "Currently, the supply of the intelligent driving industry chain is still insufficient. If there is enough supply, BYD Company Limited's models below 100,000 will have more models equipped with 'Tianshenzhiyan'." Wang Chuanfu predicted that in the next 2-3 years, intelligent driving will become as essential as seat belts. It is worth noting that Yang Dongsheng, Senior Vice President of BYD Company Limited and Director of the Automotive New Technology Research Institute, announced at the press conference that BYD Company Limited's vehicle intelligence "Xuanji architecture" will integrate the Deepseek-R1 large model to quickly improve the AI capabilities of both the car and the cloud. Securities firms point out that as a leading domestic car manufacturer, BYD Company Limited is leading the push for intelligent driving to reach the mass market. In recent days, several car companies have put forward the idea of promoting "intelligent driving equality." On February 9th, Chongqing Changan Automobile announced the "Beidou Tianshu 2.0 Plan", which will stop developing non-intelligent new products from 2025 onwards; they will launch 35 new digital smart cars in the next 3 years; by 2026, the Tianshu intelligent driving system will achieve full-scene L3 level autonomous driving, and further achieve full-scene L4 level functionality in 2028. Chongqing Changan Automobile Chairman Zhu Huarong stated that in August this year, Chongqing Changan Automobile will be the first to equip the 100,000-level models with LiDAR to promote the popularity of intelligent driving. He Xiaopeng, Chairman and CEO of Xiaopeng Motors, stated that by mid-2025 they will launch the new V6 model with quasi-L3 high-level autonomous driving capabilities; by the end of the year, they will introduce true L3 level software (requiring several times increase in chip computing power and storage) and hardware redundancy capabilities for automatic driving. Industry insiders believe that starting from 2025, the promotion of intelligent driving equality and the upgrade of intelligent driving features will become a trend. The penetration rate of high-end intelligent driving is expected to continue to increase. The penetration rate of intelligent driving-related hardware such as sensors and domain controllers in the industrial chain will also increase, benefiting companies related to intelligent driving in the entire vehicle and component sectors. A research report on February 9th estimates that by 2025, the promotion of intelligent driving equality will accelerate, and the sales of intelligent driving models in the 10-20,000 price range is expected to increase from 360,000 in 2024 to 4.1 million by 2027, with a compound annual growth rate of 125%. They recommend focusing on key auto companies and component companies: In terms of whole vehicles, they recommend focusing on BYD Company Limited, GEELY AUTO, and Xiaopeng Motors; For LiDAR technology, they recommend focusing on ROBOSENSE and Hesai Technology; For onboard chips, they recommend focusing on HORIZONROBOT-W and BLACK SESAME; For domain controllers, they recommend focusing on BYD ELECTRONIC, Huizhou Desay SV Automotive, and Beijing Jingwei Hirain Technologies. Related concept stocks: ROBOSENSE (02498): ROBOSENSE announced that it has continued to expand its business map in the fiscal year ending December 31, 2024. As of the end of December 31, 2024, the company's sales volumes for LiDAR products, LiDAR products used for ADAS applications, and other LiDAR products sold to Siasun Robot & Automation and others were approximately 49,300, 45,300, and 4,000 units, respectively. In the fourth quarter of 2024, the company's sales volumes for LiDAR products, LiDAR products used for ADAS applications, and other LiDAR products sold to Siasun Robot & Automation and others were approximately 162,300, 154,000, and 8,300 units, respectively. For the fiscal year ending December 31, 2024, the company's sales volumes for LiDAR products, LiDAR products used for ADAS applications, and others were approximately 542,000, 519,800, and 24,400 units, respectively. BYD COMPANY (01211): On February 10th, BYD Company Limited held an intelligent strategy conference, officially launching the national smart driving strategy. Under the whole-vehicle intelligent strategy, BYD Company Limited has established the "Tianshenzhiyan" technology matrix, with all its models equipped with high-end intelligent driving technology, making national smart driving a possibility, with the "Tianshenzhiyan" being several times throughout the text.The first batch of 21 models were launched, covering price ranges from 70,000 to 200,000. This includes the most affordable seagull model currently on the market, truly achieving the goal of making advanced intelligent driving accessible to everyone, leading the automotive industry's smart transformation.LI AUTO-W (02015): Around February 10th, Tianfeng released a research report maintaining a "buy" rating for LI AUTO-W (02015). Taking into consideration the company's leading performance in intelligence and the new growth cycle brought by the pure electric new product series, the target price is set at 141.5 Hong Kong dollars. The bank's revenue forecasts for the group for the years 2024 to 2026 are 147.6 billion, 201.9 billion, and 251.8 billion RMB respectively, with net profits of 8.6 billion, 14.9 billion, and 18.6 billion RMB respectively. The report states that the intelligence of Concept cars may define a new luxury. With leading car companies starting end-to-end push of on-board and parking space to parking space, as well as potential landing of L3. The anthropomorphism of intelligent driving has made a leap in development, accompanied by the increasing influence of intelligence in car purchase decisions, and autonomy is expected to enter a phase of accelerated domestic substitution from 1 to 10. XPENG-W (09868): According to reports, Xiaopeng Motors will launch customized intelligent driving insurance products in the near future with insurance companies. The report states that Xiaopeng Motors' intelligent driving insurance products launched in collaboration with insurance companies will cover core functions such as city, highway navigation assistance (NOA), automatic parking, focusing on solving the pain points of responsibility definition and safety guarantee for users in the use of intelligent driving. The benefits of this intelligent driving insurance product may be linked to user intelligent driving mileage, usage time, etc., and if the owner frequently uses the intelligent driving function and drives well, they can receive significant premium discounts. GEELY AUTO (00175): GEELY AUTO announced that its self-developed large model has completed deep integration with DeepSeek. It is understood that, with the help of the DeepSeek-R1 model, Geely will distill train the Xingrui Car Control FunctionCall large model, car active interaction end large model, etc. Geely's intelligent AI can not only accurately understand the user's vague intentions, but also actively analyze the user's potential needs based on the internal and external scenes of the car, providing users with vehicle control, active dialogue, after-sales services and other services proactively, the intelligent interaction experience will be greatly improved.