机构：国泰君安国际 研究员：Ivan Wu Nexteer (or the "Company") launched 23 new projects in the first quarter of 2025 (19 of which were newly acquired businesses), with new energy vehicle (NEV) projects accounting for 60.9% or 14 projects, representing 65.2% of all projects in the Asia-Pacific region. The primary highlight of the first quarter was the sustained strong booking flow from Chinese NEV OEMs, covering REPS, DPEPS, and the latest Rear Wheel Steering (RWS) systems. Additionally, the Company secured significant st ...