Changes in Hong Kong stocks | May Day Vision (06651) rose more than 9% in the intraday period, and the first strong bid for autonomous driving will open up a simulated track, and the company's unique card slot is expected to fully benefit

The Zhitong Finance App learned that May Day Vision (06651) rose more than 9% in the intraday period. As of press release, it had risen 7.53% to HK$70.7, with a turnover of HK$261 million.

According to the news, the mandatory national standard “Safety Requirements for Autonomous Driving Systems for Intelligent Connected Vehicles” organized by the Ministry of Industry and Information Technology has been officially approved and will be fully implemented from July 1 next year. This marks that China's L3 and L4 autonomous driving has finally had a uniform “entry threshold”. It is worth mentioning that mandatory national standards establish simulation testing as a hard precondition for L3 entry, which is expected to open up long-term growth space for simulation tracks. May Day Vision will fully benefit from industry-leading simulation technology and unique card positions throughout the industry chain.

According to reports, the company's core 51SIM platform integrates a full set of products such as the SimOne simulation system and DataOne data closed loop, and occupies 53.5% of the domestic market share in the field of end-to-end advanced intelligent driving simulation and data platforms, ranking first in the industry. Its 51SIM simulation platform, SimOne 4.0, has completed in-depth technical adaptation with NVIDIA Cosmos 3 and Alpamayo. The self-developed 51WORLD Model world model is interconnected with the Cosmos 3 underlying architecture, and is a Chinese partner in the field of NVIDIA Cosmos in-vehicle simulation ecosystem.