Youjiao Innovation (02431) reached a cooperation with India's Sterling Group to accelerate the overseas 2.0 process

The Zhitong Finance App learned that on January 19, 2026, Youjiao Innovation (02431) announced that it has recently formally signed a memorandum of understanding with India's leading auto parts supplier Sterling Tools Ltd. The two sides will focus on the trend of intelligent upgrading of automobiles in India and carry out in-depth cooperation in implementing intelligent driving solutions and localizing parts production. This marks the entry of Youjiao's innovative overseas strategy into a new phase of systematic and localized 2.0.

According to reports, this cooperation gave full play to the advantages of both parties and formed “technology+channel” two-way empowerment. With full-stack self-development capabilities, Youchao Innovation will export mature solutions such as Driver Assistance Systems (ADAS) and Driver Condition Monitoring Systems (DMS), covering the passenger car and commercial vehicle markets. The Sterling Group relies on deep industry accumulation, rich local automaker resources and parts manufacturing experience to help products quickly adapt to Indian market standards and complete compliance certification.

It is worth noting that India's relevant regulations have made it clear that from January 1, 2027, all new models will be required to be equipped with ADAS and DDAWS functions as standard. This policy orientation will bring clear and continuous market demand for smart car components and intelligent solutions.

In addition, Youjiao Innovation has also received positive attention from the capital market. Recently, SPDB International released a research report that covered YouCar Innovation for the first time and gave it a “buy” rating. The target price is HK$19.3, which is a high potential increase compared to the current stock price. The research report points out that Youjiao Innovation has a clear layout and a clear growth path in the two major business lines of intelligent driving and smart cockpit. In the field of smart driving, the company continues to iterate through iSafety and iPilot solutions, which are mass-produced front-mounted, to meet the industry's trend from “optional” to “standard” and the demand for “smart driving equality”; in the cockpit sector, the DMS product line continues to evolve, and relies on large model capabilities to launch the intelligent manager BamBam, which is expected to further enhance business value.

In addition, Youjiao Innovation relies on full-stack self-development and car-level mass production experience to successfully expand its L4 autonomous driving solution iRobo to multiple scenarios. In particular, the unmanned delivery vehicle “Kotake” has already received intensive orders and entered the fast track of commercial development. Delivery volume is expected to reach 10,000 units in 2026, becoming a new engine for the company's revenue growth.

Overall, the cooperation between Youjiao Innovation and Sterling Group is not only a key step in market expansion, but also a comprehensive output of its technical strength, product system and localized operation capabilities. Amid the wave of intelligent and connected transformation in the Indian automobile industry, this partnership is expected to accelerate the popularization and application of intelligent driving technology in the region, while also opening up room for growth potential on a larger scale for Youchao Innovation itself. However, SPDB International's “buy” rating confirms from a capital market perspective that the company's strategic layout, technology accumulation, and commercialization prospects have been recognized by professional institutions.