Despite lower returns in the short term, the trend of reinvestment for growth and higher sales is encouraging. However, these growth trends haven't led to growth returns as the stock has fallen over the past three years.

Despite seeing good growth from heavy reinvestment, Changzhou Zhongying Science & Technology's rate falls short of the industry average of 12%, raising some concerns.

Core points:
1. Under the background of new energy vehicle companies facing price reduction competition this year, 4D millimeter-wave radar meets the demands of car companies to reduce costs and create new selling points. In addition to Tesla, domestic car companies such as Huawei and SAIC also have layouts.
2. From the perspective of hardw...