Tutong stocks fell more than 10% in early trading and was sued by Hesai Technology for infringement, claiming 20 million yuan in compensation.

On December 19th, Tudatong once fell more than 10% in intraday trading, with the lowest price at HKD 14 per share. On the news front, Tudatong announced the progress of related lawsuits on the evening of December 18th. The announcement showed that Tudatong recently received civil litigation documents and other related litigation materials served by the Hangzhou Intermediate People's Court in Zhejiang Province.