HK Stock Market Move | ROBOSENSE (02498) rises nearly 4% again. The company has obtained exclusive designation for a popular car model from FAW Toyota.
Speed Mercedes (02498) rose nearly 4% again, as of the time of the article, up 3.16% to HK$33.9, with a turnover of HK$1.14 billion.
RoboSense (02498) rose nearly 4%, as of the time of publication, up 3.16% to HK$33.9 with a trading volume of HK$1.14 billion.
On the news front, RoboSense announced that it has obtained a new contract for a well-known bestselling model of a joint venture partner of Toyota, with a total order volume of nearly one million units over five years. This is after RoboSense secured an exclusive contract for a certain pure electric vehicle model of the joint venture with Toyota for three years. Leveraging its leading technology in digital LiDAR, RoboSense has signed another new cooperation agreement with the joint venture. RoboSense has already secured contracts with international car manufacturers such as Audi, Volkswagen, and North American new energy companies, with cumulative orders exceeding one million units.
Public information shows that the delivery of LiDAR in November exceeded 150,000 units. With a self-developed chip and advanced digital architecture, RoboSense's digital LiDAR has continued to see a significant increase in delivery volume in the global automotive and Siasun Robot & Automation markets, expanding in tandem with its ecosystem.
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