HK Stock Market Move | GEELY AUTO (00175) rose more than 4% against the market, announcing recently a collaboration with Hierarchical Star Chiron and Chongqing Qianli Technology to promote the deep integration of "AI + vehicles."

GEELY AUTO (00175) rose more than 4% against the market, up 3.67% as of the time of publication, to HK$18.1, with a turnover of HK$8.66 billion. On the news front, recently, GEELY AUTO Group, Chongqing Qianli Technology, and Jieyue Xingchen announced that they will further strengthen the existing technology partnership among the three parties to promote the deep integration of "AI + vehicles" and jointly usher in a new era of intelligent automobiles. By integrating global high-quality resources, Geely will collaborate deeply with partners such as Jieyue Xingchen and Chongqing Qianli Technology, who have top capabilities in self-developed large models, to build a complete intelligent ecosystem including "computing center, large models, intelligent architecture, intelligent driving, intelligent cockpit, chips, mobile phones, satellites, and aircraft." It is worth mentioning that at the first Step UP Ecology Open Day of Jieyue Xingchen, the Founder and CEO, Jiang Daxin, stated, "Automobiles are the most critical landing scenario for end-agent. With comprehensive technical accumulation in the field of basic large models, we look forward to working hand in hand with partners like Geely and Qianli to accelerate the innovation of automobile intelligence." In addition, Jieyue Xingchen also announced the second phase of the "Starry Plan," which will empower developers comprehensively in terms of models, computing power, capital, data, and enterprise incubation, to stimulate continuous emergence of agent application innovations. It is reported that since the launch of the Star Plan in July 2024, more than 20 high-quality AI entrepreneurial projects have emerged.