Core Viewpoint - The company, SUTENG JUCHUANG (02498), has announced a share buyback of 2.9 million shares at a total cost of HKD 9.9175 million, signaling confidence in its future growth and current stock price [1] Company Summary - The company has achieved a significant milestone in core technology by successfully passing AEC-Q series automotive certification for its self-developed SPAD-SoC and 2D VCSEL chips [1] - It is the only global technology enterprise to have all three core links of digital lidar—transmission, reception, and processing—achieve automotive-grade standards with self-developed chips [1] - The new generation EM platform products have entered mass production, with EM4 being the only lidar in mass production with a range exceeding 500 meters, and E1 being the only fully solid-state lidar in mass production [1] - The company has secured orders from eight leading automotive manufacturers for 45 vehicle models, bringing the total number of designated models to 133 [1] Industry Summary - A new national standard in China, "Safety Requirements for Intelligent Connected Vehicle Combination Driving Assistance Systems," has included lidar for the first time, which is expected to benefit the industry [1] - The convergence of core technological breakthroughs, product mass production, and favorable policies is reinforcing the company's market leadership position [1]
速腾聚创(02498)启动近千万港元回购 激光雷达全链自研芯片达车规级