Yojia Innovation (02431) opened and traded high on its first day of listing, closing with a gain of 14.12%.
27/12/2024
GMT Eight
On December 27th, YOKEE Innovation (02431) successfully listed on the HKEX main board. On the first day of trading, the company's stock price opened high and continued to rise, closing at a 14.12% increase at HK$19.4 with a trading volume of HK$110 million.
Since its establishment in 2014, YOKEE Innovation has always adhered to the concept of "empowering intelligent vehicles", focusing on the iteration and implementation of cutting-edge technology in intelligent driving. While advancing automotive automation, the company also aims to enhance safety and driving experience. After years of deep cultivation, the company has established differentiated competitive advantages and mature commercialization capabilities, becoming a leading supplier of intelligent driving and intelligent cockpit solutions in China.
According to Zhoushi Consulting, YOKEE Innovation is one of the first DMS solution providers in China to help vehicle models from OEMs obtain the ADDW and DDAW certifications under the EU General Safety Regulations, as well as the first Chinese intelligent cockpit solution provider to help Chinese OEMs achieve E-NCAP five-star ratings. As of June 30, 2024, YOKEE Innovation has started mass production with 29 OEMs on 94 models, and as of December 10, 2024, the company has entered mass production with 35 OEMs.