The Zhitong Finance App learned that Yushi Technology (01511) rose more than 10% in the afternoon. As of press release, it rose 7.11% to HK$35.56, with a turnover of HK$13.914,600.

According to the news, recently, Yushi Technology announced that the company, as a core technical cooperation partner, is collaborating with leading car companies and ecological partners in the industry to provide intelligent assisted driving software solutions for Buick's new LaCrosse, Cadillac XT5 fuel version, and PHEV smart hybrid four-wheel drive air version. The solutions cover mainstream vehicle scenarios such as urban commuting and long-distance high-speed driving. The same platform solution can be adapted to cars, SUVs, and various types of fuel and plug-in power to verify the ability to be reused across models.

Huatai Securities said it is optimistic that Yushi Technology will rely on its first-mover advantage in the airport scenario and continue to replicate and expand into scenarios such as ports and urban connections; the commercialization process of closed and semi-closed scenarios is leading, and enterprise customers are more willing and able to pay, which is expected to drive the company's revenue to continue to grow.

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