Some investors asked Zhejiang Shibao on an interactive platform: Four departments including the Ministry of Industry and Information Technology issued a draft for comments. Wire-controlled steering is a virtual control device. It requires a pre-safety assessment, a reliability test of at least 30,000 kilometers, two winter and one summer environmental test, and no direct acceptance of supplier verification reports. Does the company's SBW wire-controlled steering currently meet this standard? Have you completed a full set of actual tests independently? Will the new regulations raise the entry threshold, cause SOPs for customer-specific models to be delayed, and affect the company's fixed increase line control switching project production and small-batch supply plans? Zhejiang Shibao replied on October 26 that the company's wire-controlled steering products need to go through internal tests such as durability and reliability of multi-wheel benches, and the test conditions include various extreme operating conditions such as high temperature and low temperature; the standards used are all OEM standards that refer to the project, which is higher than the national standard; the company's test center has passed CNAS certification and certification from every cooperative OEM, and has a full range of testing capabilities. Shifting to a safety component, the company strictly complies with and enforces the testing standards and specifications of cooperating OEMs and countries to ensure product safety. Whether the new regulations will cause adjustments to the project SOP schedule is currently unknown.

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