HK Stock Market Move | Great Wall Motor (02333) rose more than 4% and reached a comprehensive cooperation agreement with Huawei on marketing digitization. RISC-V automotive MCU chip successfully lit up.

Great Wall Motor (02333) rose more than 4% in midday trading, with an increase of 3.7% at the time of writing, reaching 12.32 Hong Kong dollars with a trading volume of 97.1 million Hong Kong dollars. On the news front, on September 20, Great Wall Motor signed a comprehensive cooperation agreement with Huawei for marketing digitization. The cooperation aims to enhance the overall user marketing experience journey of Great Wall Motor by leveraging Huawei's leading technologies in cloud services, AI, intelligent connectivity, and interactions. The collaboration will focus on key areas such as "marketing market insights, advertising domain placement, user interaction, after-sales service, car services, and market ecology services" to promote the digitization transformation of Great Wall Motor's marketing and support the global business growth of Great Wall Motor. In addition, Great Wall Motor announced that the jointly developed RISC-V automotive-grade MCU chip, the Zijing M100, has completed its development and successfully lit up. The Zijing M100 is the first automotive-grade MCU chip based on the open-source RISC-V core design developed by Great Wall Motor leading a collaboration with various parties. It will serve as a foundation for future innovative applications in intelligent driving, intelligent cabins, and other areas, helping to significantly reduce procurement costs and enhance product competitiveness.