Smart Driving Sector Gets Boost as 11 Concept Stocks Poised for Continued Earnings Growth

The smart driving sector received a boost after the Guangdong Provincial Development and Reform Commission recently issued the Guangdong Province Implementation Plan for Expanding Consumption, which calls for stepped-up support for the development of intelligent connected vehicles, encourages vehicle manufacturers to seek access and road-testing pilots for L3 autonomous driving models in compliance with regulations, and orderly promotes smart driving testing and commercial operations in the Greater Bay Area. According to statistics from Securities Times Data Treasure, among smart driving concept stocks, BYD, Hikvision, SAIC Motor, Huayu Automotive, Great Wall Motor and others posted net profits in the first three quarters of this year that ranked at the top, each exceeding 3 billion yuan. BYD led with a net profit of 23.333 billion yuan. In terms of future growth, 11 smart driving concept stocks have received ratings from at least 10 institutions, and institutions broadly expect their earnings to continue growing in 2026 and 2027, including BYD, Yinlun Co., and Desay SV. (Securities Times)