PATEO (02889): Reaches a series of deep cooperation agreements with a certain leading OEM new energy vehicle company and Nvidia
Botech Car Alliance (02889) announced that recently, the company has entered into a series of deep cooperation agreements with a leading OEM new energy vehicle company and Nvidia.
PATEO (02889) announced that recently, the company has reached a series of deep cooperation agreements with a leading OEM new energy vehicle company and NVIDIA.
Cooperation 1. Mass production collaboration with a leading OEM new energy vehicle company: The company has received notification for the designated point of the new generation of intelligent vehicle models from a leading OEM new energy vehicle company. This project is the world's first AI BOX "software and hardware" integrated solution led by the company, achieving deep coupling of AI commercial applications on the vehicle side with ByteDance's AI general large models and the large models established by the company based on years of experience in vehicle-end user operations. In addition, to accelerate breakthroughs in multi-modal interaction and on-board edge reasoning capabilities of large models, the company is also collaborating with project partners to explore cutting-edge scenarios such as "physical AI" on the vehicle-side, "AI intelligent entity," and "AI emotional intelligence entity," as well as innovative commercial models such as computation fees and on-board tokens billing, aiming to become a global leader in "on-board tokens economy."
Cooperation 2. NVIDIA accelerated computing platform configuration solution: Based on the NVIDIA DRIVE AGX Thor accelerated computing platform, the company will develop on-board large model solutions and deploy AI BOX on this platform to provide high-performance computing support for the deployment of next-generation AI large models on vehicles. In the automotive field, the company will become the first in China and even globally to cooperate with this chip and achieve a mass production case with "software and hardware" integration capabilities in AI applications. This deep cooperation with NVIDIA, following previous collaborations with Qualcomm and Huawei, marks another strategic milestone in defining the next generation AI intelligent entity applications through the company's complete and open AI ecosystem. It also strengthens the foundation for the company's global layout of intelligent driving solutions.
This series of deep cooperation signifies that the company is pushing for the transition of "large models on board" from technical verification to large-scale production, making substantial progress in the implementation of AI on-board large models and advanced computing platform applications. It is also a key move in the company's strategy position as a provider and ecosystem builder of integrated automotive and mobile terminal solutions centered around AI technology.
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CMON is planning to acquire Blissful Link Investments Limited for approximately 16.5 million Hong Kong dollars, representing about 2.2% of the issued share capital.

CHAOWEI POWER (00951) issued a total of 24.275 million share options.

MEDBOT-B(02252) has completed the full circulation of H shares.
.png)
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