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Express News | Huawei's automotive business unit's revenue increased by about four times this year, with shipment volume achieving approximately seven times growth.
Express News | Listed supply chain companies such as Xingyu Co., Ltd. received the first batch of certification for Huawei's smart automotive optical devices
Research Reports on Investment Opportunities | China Merchants: The future development of Changzhou Xingyu Automotive Lighting Systems is promising, maintaining a "strong buy" rating.
China Merchants' Research Reports指出,Changzhou Xingyu Automotive Lighting Systems (601799.SH) is a leading domestic manufacturer of automotive lamps, having focused on the production of automotive lighting for 30 years, with a strong technological foundation and customer base. Future development is promising. As the company continues to advance projects such as ADB, DLP headlights, and ambient lighting, the value per vehicle is gradually increasing; the company is continuously strengthening the layout of new product capacity, and the development of products and customers is progressing smoothly, with orders beginning to enter mass production; the Serbia factory is accelerating its contribution to the company's overseas performance. It is expected that the company will achieve a net income attributable to the parent company of 1.43/1.88/2.33 billion yuan in 2024-2026, maintaining a 'strong' rating.
Changzhou Xingyu Automotive Lighting Systems (601799): Product upgrades, client renewal, and overseas expansion drive the three-pronged strategy.
The company is a leading domestic manufacturer of automotive lighting, focusing on the production of light fixtures for 30 years, with deep technical accumulation and a strong customer base. Xingyu is a leading enterprise in the country. In recent years, the company has attracted more high-quality clients and projects, achieving remarkable results.
Express News | Tai-Silicon Micro: The mass production of the automotive-grade motor drive series chip TCM33x is announced.
Express News | Ouye Semiconductor has completed a B1 round of financing totaling hundreds of millions of yuan.
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