HK Stock Market Move | SEYOND (02665) rose more than 7% in intraday trading, its three major platforms appeared at the Beijing Auto Show, and the Falcon has undergone delivery verification for 750,000 units.

SEYOND (02665) rose over 7% in midday trading, and as of the time of writing, it was up 3.47% at HKD 8.06, with a trading volume of HKD 33.62 million. On the news front, on April 24th, according to SEYOND's official Weibo account, the 2026 Beijing International Automotive Exhibition kicked off, with the company showcasing its full range of laser radar and perception solutions. At this auto show, SEYOND's Falcon, Linqiao, and Hummingbird platforms have seen a performance upgrade, accurately matching the full range of needs from L2 level combined assisted driving to L4 level autonomous driving. As the core perceptual cornerstone of advanced autonomous driving, SEYOND's Falcon platform has undergone validation with deliveries of 750,000 units. The latest generation Falcon K3 laser radar has achieved a dual breakthrough in performance and form, with the maximum detection distance upgraded to 900m, and the angular resolution improved by over 300% compared to the previous generation Falcon K2. Guosheng pointed out that SEYOND, with the ultra-long distance detection and high resolution advantages of the 1550nm Falcon series, has deeply engaged with leading auto manufacturers, accumulating 18 customers and over 60 models. The 905nm Linqiao series has quickly entered the mainstream market with its high cost performance. The new product Pure solid-state Hummingbird series has obtained pre-installation points from leading domestic automakers and has the capacity for large-scale production, making it potentially the next generation of flagship product. The bank believes that as the number of high-end intelligent driving models equipped with laser radar continues to rise, the company is expected to benefit from the dual growth dividends of industry penetration and single vehicle installation volume.