China Automotive Holdings: The implementation of the new L2 standard will play a role in promoting the company's business development.

China Automotive Holdings stated during an institutional research on September 19 that the implementation of the "Intelligent Connected Vehicles Combination Driving Assistance System Safety Requirements" will play a driving role in the company's business development. On one hand, it will increase the company's on-site test business volume, while on the other hand, the research and development investment of the automotive industry itself will also increase, leading to a corresponding increase in the company's on-site test business volume.