Nuggets Intelligent Driving 100 Billion Market Bao Qianli Pushes 10 New Smart Driving Technology Products

　　BEIJING, Feb. 20 (Xinhua) On February 14, the launch conference of Bao Qianli (600074.SH) smart driving new products was held in Shenzhen, and 10 smart driving products with a variety of cutting-edge technologies were all unveiled. Jiang Jianping, executive vice president of Baoqianli Group, gave a comprehensive and systematic introduction to the core technology, product function, market layout and marketing strategy of the new products. Automobile manufacturers, 4S Group executives, excellent channel agents and media reporters from all over the country attended the meeting and witnessed the official launch of the new series of Baoqianli Intelligent Driving.

　　It is understood that the new smart driving products put on the market this time have been publicly unveiled at the new smart driving product launch conference held in Wuhan last June. This official listing has also received wide attention and expectation from the market and industry.

　　Jiang Jianping introduced that a total of 10 intelligent driving series products were launched this time. In terms of after-installation, the latest high-definition night vision active safety system, fatigue driving early warning system, VR panoramic intelligent safety system, advanced night vision active safety system, advanced night vision ADAS system and advanced anti-collision early warning system were launched; In terms of front installation, the latest night vision 360 system, advanced night vision active safety system, high-definition night vision system, advanced night vision system, anti-collision early warning system (millimeter wave radar technology) and high-definition driving recorder are introduced.

　　Create an intelligent driving platform with cutting-edge technology

　　Bao Qianli’s car night vision, active safety, intelligent driving system, etc., based on the core competitive advantage of precision opto-electromechanical imaging+bionic intelligent algorithm, combined with "millimeter wave radar technology+vehicle-level intelligent driving platform technology+in-vehicle Ethernet technology", has realized road warning, remote night vision, glare shielding, fog perspective, rainy perspective, pedestrian warning, lane departure warning, laser night vision, collision warning and driving record.

　　According to industry insiders, Bao Qianli has been deeply involved in the field of automobile video for many years, and has taken the lead in applying active infrared night vision technology to the field of vehicle active safety to assist the safe driving of automobiles, with high technical advantages and leading R&D advantages.

　　The active safety system for high-definition night vision, an aftermarket product to be put on the market, adopts low-light technology, which has the functions of all-weather high-definition remote night vision, road condition warning, super glare shielding, rainy/foggy day perspective, high-definition driving record, integrated 4G and WiFi functions, and can expand millimeter-wave radar (anti-collision warning FCW) through the functions of APP mobile phone interconnection. The driver’s face is scanned by DDS, and the driver is alerted by image processing and software algorithm to prevent fatigue driving. It can be controlled by mobile APP, integrated with 4G and WiFi functions, can read the original vehicle information through OBD, and can expand millimeter wave radar (anti-collision early warning FCW); The VR panoramic intelligent security system has the functions of VR image shooting, driving safety assistance, OBD vehicle management, in-vehicle panoramic driving record, integration of 4G and WiFi functions, etc., which can expand VR video live broadcast and lane departure warning (LDW). Provide safe and intelligent hardware and management platform for automobile operators; Advanced night vision ADAS system integrates the main core technologies of Bao Qianli’s precise opto-electromechanical imaging and bionic intelligent algorithm, and has the functions of remote high-definition night vision, anti-collision early warning (FCW), lane departure early warning (LDW), road condition early warning, high-definition driving record (DVR), etc. It integrates 4G and WiFi, can read the original vehicle information through OBD, and can expand millimeter-wave radar (anti-collision early warning FCW) to realize dual systems of image processing and millimeter-wave radar.

　　The night vision 360 system of the front-mounted product adopts the vehicle regulation scheme, is waterproof to IP69 grade, and has the functions of 360 look around, low-light night vision, lane departure warning (LDW), area detection warning (BSD), reversing trajectory assistance, etc. You can see 3.5 -5 meters left and right, and 10 meters before and after, which can integrate 4G, WiFi and in-car Ethernet; The anti-collision early warning system adopts the vehicle classification scheme, millimeter-wave radar technology and collision warning (FCW), scans 32 targets in the three lanes ahead, and can convert the safe distance, and gives warning hints through color/sound/light/vibration. Extensible pedestrian warning (PCW), overtaking warning, lane identification and auxiliary lane extension; Advanced night vision ADAS system, which adopts the vehicle classification scheme, has the functions of anti-collision warning (FCW), lane departure warning (LDW), high-definition remote night vision, road condition warning, rainy/foggy perspective, and high-definition driving record (DVR), integrates the functions of 4G and WiFi, and can expand millimeter-wave radar (FCW) to realize the dual-system platform of image processing and millimeter-wave radar.

　　According to industry insiders, the series of new products launched this time is the latest application of many intelligent technologies in automotive electronics, and an intelligent driving platform integrating high-definition night vision, active safety, car networking and intelligent driving has been built, which has improved the intelligence, safety, convenience of car control and fun of car riding.

　　The trend of automobile intelligence is accelerating.

　　According to the statistics of the national transportation department, driving in bad weather such as night, rain, snow, smog and smoke generally accounts for only about 25% of the total road traffic, but the number of fatal accidents is as high as 50% or more, and the accidents caused by poor sight are as high as 70% or more.

　　According to statistics from the National Highway Traffic Safety Administration of the United States, the number of people killed by traffic accidents in the world is about 1.2 million each year, and 10-20 million people are disabled. Among them, traffic accidents caused by poor eyesight account for more than 70%.

　　Considering the personal safety of drivers and passengers, the intelligent driving system with safe driving as the core orientation is bound to become the function that consumers pursue and expect to popularize most, and the market potential is huge, which is a billion-dollar market.

　　In 2016, the road map of intelligent networked vehicle development released by the Ministry of Industry and Information Technology pointed out that by 2020, 15 million vehicles in China will have driving assistance or assisted driving systems every year. According to the report of Analysys, the market scale of intelligent driving in China will continue to expand, and the market scale of intelligent driving industry in China is expected to reach 121.4 billion yuan in 2020, with a promising prospect.

　　Obviously, after a long period of accumulation, intelligence is changing the automobile industry in an unprecedented way, and automobile intelligence is a revolution in the development of automobile technology. By then, a series of companies in the industrial chain such as hardware providers, information and service providers will benefit from it. At the same time, with the change of consumer market structure, intelligent vehicle-mounted devices gradually replace the market share of traditional vehicles.

　　As a pioneer in the field of automobile video, Bao Qianli has brought a powerful force to the upstream and downstream enterprises engaged in this field. Jiang Jianping said that the launch of Bao Qianli’s new intelligent driving products will further enhance the company’s technological innovation, enhance the company’s competitiveness in the field of automobile intelligent driving, and promote the company’s development in the field of automobile intelligent driving. According to the analysis, Bao Qianli’s latest intelligent driving platform provides the core competitiveness for the company’s long-term development in the field of automobile intelligent driving. In addition, it will provide new profit growth opportunities for dealers and 4S stores, and will also become an important weight for automobile front-loading and rear-loading enterprises to implement differentiated competition strategies.

　　Car video business is one of Bao Qianli’s main businesses. According to Bao Qianli’s semi-annual report, the company’s car video business achieved sales revenue of 587 million yuan in the first half of 2016, compared with 80 million yuan in the same period of 15 years. Bao Qianli’s 2016 annual performance pre-increase report released in January shows that the net profit attributable to shareholders of listed companies is expected to increase by 120%~160% year-on-year, thanks to the high growth of automotive video and intelligent hardware.

　　In addition, Zheng Ping, an analyst at Minsheng Securities, predicts that with the gradual sinking of sales outlets in the aftermarket and the continuous breakthrough of customers in the front market, the company’s auto night vision active safety system business will continue to grow at a high speed.