Western Securities' Research Reports indicate that Huizhou Desay SV Automotive (002920.SZ) expects a Net income of 2.005 billion yuan in 2024, an increase of 29.6% year-on-year; the adjusted Net income is 1.946 billion yuan, an increase of 32.7% year-on-year. The company's intelligent drive performance has significantly increased, and market recognition has further improved. The company’s high-performance intelligent driving domain controller successfully won new project Orders from automakers such as Great Wall, Chery, GAC, GAC Toyota, and Xpeng. The company has launched its fifth-generation intelligent cockpit platform based on a new AI Chip. During the reporting period, the company's HUD products made significant progress, successfully entering the supply chains of Japanese and German automotive companies, and the company's first HUD project has successfully achieved mass production. During the reporting period, the company’s Sensor-related products have received new project Orders from domestic and foreign automakers such as GAC Toyota, Chery Automobile, and TATA. In Q4, the company received the ISO 37301 compliance management system certification from the United Kingdom Standards Association, which marks the company's pioneering achievement of international standards in the China Automotive Electronics and intelligent driving Industry, providing strong support for the upgrade of the company’s Global Strategy. Maintaining a "Buy" rating.