Changes in Hong Kong stocks | Wenyuan Zhixing - W (00800) rose more than 4% in the afternoon, Wenyuan Zhixing's one-step end-to-end ADAS solution won the China Smart Driving Competition

The Zhitong Finance App learned that Wenyuan Zhixing-W (00800) rose more than 4% in the afternoon. As of press release, it had risen 4.73% to HK$23.9, with a turnover of HK$13.3596 million.

According to the news, at the China Smart Driving Contest - Taizhou held recently, the Chery Starway Star Era ES, a WePilot 3.0 ADAS solution jointly created by Wenyuan Zhixing and Bosch Technology, won the championship with the ultimate performance of “zero takeover” and the highest overall score of 112.81 points. WePilot 3.0 is the crystallization of Wenyuan Zhixing's comprehensive leap forward in a large-scale end-to-end AI model, system integration capabilities, and deep software and hardware collaboration.

According to public information, Wenyuan Zhixing is the world's leading provider of L4 autonomous driving products and solutions. Xiaomo said that he continues to be optimistic about Wenyuan Zhixing because its international strategic cooperation has a leading edge and is deepening, there is potential room for upward growth in the long-term economic share of overseas ecosystems, and advanced driver assistance systems (ADAS) are beginning to be recognized in the domestic market. The bank believes that these factors together support attractive risk-return under current valuations.