Changes in Hong Kong stocks | Botai Auto Union (02889) rose more than 4% in the afternoon, Botai Auto Union successfully completed R&D and acceptance of Porsche's high-end smart cabin project

The Zhitong Finance App learned that Botai Auto Union (02889) rose more than 4% in the afternoon. As of press release, it had risen 4.36% to HK$119.8, with a turnover of HK$32.526 million.

According to the news, on July 9, Botai Auto Union successfully completed the overall R&D and acceptance of Porsche's high-end smart cockpit project, marking a key milestone in the in-depth strategic cooperation between the two sides. This inspection means that Botai Auto Connect has successfully served Porsche's high-end business line and has become one of the few Tier 1 companies in China that have achieved full-stack independent research and development of the European luxury brand core agreement system.

It is worth noting that Botai Auto Federation recently officially appointed Dr. Stefan Ortmanns as the head of the European business. He has more than 20 years of deep industry experience, and will comprehensively coordinate the strategic layout and business development of the European market and enhance localized operation capabilities. According to reports, Stefan Ortmanns was the CEO and company director of the global automotive voice giant Selinx Group. He was in charge of the core product business and was fully responsible for R&D and operation, product management and strategic cooperation.