China-Germany ICV standardization meeting: Who is profiting from an investment perspective?

In 2025, the penetration rate of intelligent connected vehicles in China broke through 65%, but industry fragmentation is severe -- just in terms of data formats for the perception layer, there are 17 different standards among automakers. I saw this data in an industry report before rebalancing my portfolio. Honestly, as someone managing $1 billion in assets, I usually hold reservations about such "conferences." But this time, I need to take a serious look.