On July 11th, Gelonghui reported that Baidu (BIDU.US) rose more than 5.8%, reaching $103.66. On the news front, Baidu announced that Rabo Kuaipao Company has launched its latest (sixth generation) unmanned vehicle, which has been connected to Baidu Apollo ADFM large model. Baidu stated that the automatic driving, which is reconstructed based on the large-scale model technology, can achieve a safety level more than 10 times higher than that of human drivers, and the safety level is close to that of the domestically produced large aircraft C919. In addition, Baidu Apollo purchased insurance worth 5 million yuan for each unmanned vehicle and passenger. According to data from the past two years, the actual accident rate of the vehicles is only 1/14 of that of human drivers. UBS believes that Baidu's stock price has risen sharply due to the news of automatic driving taxis, reflecting investors' low hold positions and regaining interest in the company's automatic driving business. The bank holds a positive view on Baidu's leading position in autonomous driving technology in the long run.