HK Stock Market Move | 51WORLD (06651) Surges Over 12%; Major Shareholder Voluntarily Extends Lock-up Period, Demonstrating Confidence as the Company Positions Itself in the Physical AI Infrastructure Track
51WORLD (06651) continued to climb, rising 11.88% as of press time to HK$63.1, with turnover of HK$395 million.
51WORLD (06651) continued to rise, up 11.88% as of press time at HK$63.1, with turnover of HK$395 million.
On the news front, 51WORLD announced that Li Yi, a major shareholder, chairman, executive director and chief executive officer, has voluntarily undertaken not to reduce his holdings of 82,627,700 H shares, representing approximately 19.7% of the company's issued share capital, in any manner during the period from December 30, 2026 to December 30, 2030. The board believes that Li Yi's voluntary and substantial extension of the lock-up period to the end of 2030 reflects the firm belief of the company's founder and core management in the company's future business expansion, technological breakthroughs and long-term investment value.
Recently, 51WORLD announced that its subsidiary 51Sim was successfully selected for the NVIDIA Halos SAFE ecosystem list, making it the only Chinese company on the list. Halos SAFE is NVIDIA's new safety framework that combines simulation and real-vehicle testing to generate autonomous driving safety evidence. This is the second major collaboration between the two parties this year. Huatai previously noted that the company's value anchor is expected to shift from project-based revenue to customer value and continuous usage of Physical AI infrastructure, opening up the ceiling of the company's market space.
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