Core Viewpoint - Youjia Innovation (02431.HK) has received a commitment letter from Kang Cheng Heng International, which includes a promise to not reduce shareholdings for three months post-lockup and to limit any secondary market sales to 10% of their holdings within nine months after the lockup period ends [1] Group 1: Company Developments - Kang Cheng Heng International holds 31.09 million H-shares of Youjia Innovation, representing approximately 7.77% of the company's total issued shares [1] - The first lockup expiration date for Youjia Innovation is June 27, and Kang Cheng Heng International voluntarily extended their lockup commitment, indicating strong confidence in the company's technology and industry prospects [1] - Youjia Innovation has developed comprehensive intelligent driving capabilities from L1 to L4 and has solutions applied in production models of 35 major automakers, including Chery, Changan, SAIC, and Volkswagen [1] Group 2: Financial Performance - Youjia Innovation reported a revenue of 654 million yuan for 2024, marking a year-on-year increase of 37.4% [2] - Revenue from intelligent driving solutions reached 484 million yuan, up 25.2%, accounting for 73.9% of total revenue, while intelligent cockpit solutions revenue surged to 104 million yuan, reflecting a growth of 467.8% [2] - The global intelligent driving market is projected to exceed 600 billion USD by 2027, with China's L2 intelligent driving new car coverage surpassing 57% [2] Group 3: Market Position and Outlook - Youjia Innovation is recognized as one of the few companies in China capable of fully self-developing autonomous driving solutions, which positions it well for future performance [2] - Analysts from Guozheng International and CITIC Lyon express optimism about Youjia Innovation's growth potential due to its extensive customer base and diverse product offerings [2] - The company's stock price has been on the rise, with its market capitalization surpassing 10 billion HKD [3]
佑驾创新：基石投资人康成亨国际承诺3个月内不减持