On April 28, the Ministry of Industry and Information Technology unveiled the priorities for automotive standardization efforts through 2025, preceded by a closed-door meeting that addressed the standardization of supply chain companies' promotional activities, releases, testing procedures, and OTA upgrades within the realm of assisted driving. According to a CITIC Securities research report, supply chain companies will prioritize enhancing product maturity and safety. In terms of resource allocation, Original Equipment Manufacturers (OEMs) will streamline their software and hardware architectures to expedite data collection. From a technological standpoint, lidar is anticipated to accelerate market penetration due to its capacity to bolster system robustness. Additionally, L3-level conditional autonomous driving, characterized by its distinct functional boundaries and clear delineation of safety responsibilities, is expected to attract increased resource investment. CITIC Securities highly recommends investing in leading enterprises within the smart driving industry.