HK Stock Market Move | UISEE TECH (01511) rose more than 10% in the afternoon; its intelligent driving solution has entered mass production and been deployed in multiple new Buick and Cadillac models.
UISEE TECH (01511) rose more than 10% in the afternoon. As of press time, it was up 7.11% at HK$35.56, with a turnover of HK$13.9146 million.
UISEE TECH (01511) rose more than 10% in the afternoon. As of press time, it was up 7.11% at HK$35.56, with a turnover of HK$13.9146 million.
On the news front, UISEE TECH recently announced that, as a core technology partner, it has joined hands with leading automakers and ecosystem partners to provide intelligent assisted driving software solutions for the all-new Buick LaCrosse, the all-new Cadillac XT5 gasoline version, and the PHEV intelligent hybrid four-wheel-drive Air version. The solutions cover mainstream driving scenarios such as urban commuting and long-distance highway travel. The same platform solution can be adapted to sedans, SUVs, and multiple powertrains including gasoline and plug-in hybrid, validating its cross-model reuse capability.
Huatai said it is bullish on UISEE TECH leveraging its first-mover advantage in airport scenarios to continuously replicate and expand into scenarios such as ports and urban shuttle services; its commercialization progress in closed and semi-closed scenarios is leading, and enterprise clients have stronger willingness and ability to pay, which is expected to drive sustained revenue growth for the company.
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