HK Stock Market Move | Chongqing Sokon Industry Group Stock (09927) rose over 5% in early trading. AITO will explore new cooperation models under the HarmonyOS Intelligent Mobility cooperation framework.

Chongqing Sokon Industry Group Stock (09927) rose over 5% in early trading. As of press time, it was up 4.78% at HK$35.1, with a turnover of HK$50.3378 million. On the news front, the cooperation model between Chongqing Sokon Industry Group Stock and Huawei has changed. On the afternoon of September 15, HarmonyOS Intelligent Mobility and AITO simultaneously issued a statement regarding their cooperation model, confirming that AITO will explore a new cooperation model under the HarmonyOS Intelligent Mobility cooperation framework, with Chongqing Sokon Industry Group Stock taking the lead in product definition, product design, brand marketing, channel retail, and service systems, while Huawei Terminal participates in empowerment. According to reports, AITO will form independent sales channels, including directly operated stores, franchise stores, and some former HarmonyOS Intelligent Mobility stores converted into AITO-exclusive stores. Chongqing Sokon Industry Group Stock believes it has the capability to take on product and service work under the new model and will also have greater operational freedom; AITO's high-end luxury positioning remains unchanged. The formal statement also clarified that existing user rights and subsequent services will not be affected.