Recently, Tesla officially announced that it plans to hold an event on October 11th at Warner Bros. Studios in Los Angeles to showcase its Robotaxi autonomous taxi. With the upcoming release of Tesla RoboTaxi, the stock prices of A-share intelligent driving sector and upstream companies in the industry chain have risen significantly.
According to a research report by Oriental Securities, Robotaxi is expected to gradually achieve commercialization, partially replacing B-end taxis and ride hailing services, and accelerating the process of automotive intelligence. The midstream and downstream of the autonomous driving industry chain, such as autonomous driving solution suppliers and vehicle manufacturers, are expected to benefit, as well as upstream companies that provide intelligent hardware and software.
Compared to traditional cars, new energy vehicles have a higher level of electronics and use several times more PCBs than traditional energy vehicles. However, emerging technologies such as autonomous driving and intelligent networking have higher requirements for PCB performance, and the demand for high-frequency and high-speed PCBs is increasing. With the continuous increase in the penetration rate of autonomous driving, the value of PCB per vehicle in new energy vehicles is expected to increase.
Shiyun Circuit has been in the automotive PCB field for many years and holds a dominant position. The automotive application market is currently the largest sales business sector of Shiyun Circuit. The company has been focusing on the development of automotive PCBs, especially new energy vehicle PCBs, as a key area of development for many years. With years of production and technological accumulation in the automotive PCB field, the company has gained high recognition in the industry in terms of brand image, product technology, and product quality, and has established long-term cooperative relationships with global leading new energy vehicle end customers and component manufacturers, such as Tesla, Panasonic, etc., occupying an advantageous position in industry competition.
In addition, the company closely follows the development trend of automotive industry technology and smoothly enters high-end fields such as advanced intelligent assisted driving and autonomous driving. The company continues to increase its research and development investment, and is committed to basic research and certification of materials that are resistant to high current and voltage, high reliability, high density, high heat dissipation, high frequency, and high speed, based on the continuous improvement of automotive electronic computing power, range requirements, low latency requirements, autonomous driving levels, and safety. The research and development achievements cover high-precision PCBs for the overall control system of new energy vehicles, high-power electronic component PCBs, autonomous driving 77GHz millimeter wave radar PCBs, 4D high-precision millimeter wave radar PCBs, and autonomous driving data center server PCBs.
Looking ahead, with the release of Robotaxi, the penetration rate of intelligent driving is expected to continue to increase. Automotive automation has put forward higher requirements for the performance of PCBs, and the value of PCBs per vehicle will further increase under the intelligentization of automobiles. The company relies on its leading layout on automotive PCBs, and the demand for products is expected to continue to be strong, continuously improving profitability.