东吴证券：全球化纵深×AI破局汽车零部件开启第二增长极

智通财经2025-12-28

智通财经APP获悉，东吴证券发布研报称，总量角度看，2026年汽车零部件板块Beta整体走弱，结构性机会更优于总量机会；人形机器人打开汽零估值弹性，优先聚焦“智驾（L2++/L3/L4）+液冷（AIDC）+人形机器人”三条科技主线与“出海”的长期确定性；传统优势赛道以“业绩兑现+新订单量产”择优布局。东吴证券主要观点如下：（一）EPS维度：1）存量市场寻找穿越周期的α，优选高竞争力带来市占率提升的...

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东吴证券：全球化纵深×AI破局 汽车零部件开启第二增长极

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东吴证券：全球化纵深×AI破局汽车零部件开启第二增长极