Core Viewpoint - Tudatong (02665) successfully listed through a reverse merger with TechStar, experiencing a significant stock price increase of over 70% during trading, closing at HKD 16.43, with a market capitalization exceeding HKD 22 billion [1] Company Overview - Tudatong specializes in designing, developing, and producing automotive-grade LiDAR solutions, being the first globally to achieve mass production of high-performance automotive-grade LiDAR solutions [1] - The company is projected to deliver approximately 230,000 automotive-grade LiDAR units in 2024, ranking fourth globally in sales revenue for ADAS LiDAR solutions with a market share of 12.8% [1] Strategic Partnerships - The company has strengthened its collaboration with NIO while also securing partnerships with three state-owned automotive manufacturers and a leading joint venture, which are expected to contribute to sales revenue starting from the end of 2025 [1] - Tudatong's product applications have expanded beyond passenger vehicles to include commercial vehicles and robotics, indicating a broader market reach [1] Orders and Market Position - The company has received mass production orders from industry leaders such as DeepWay, Shaanxi Heavy Duty Automobile, Wincher Technology, and Jiushi Intelligent, further solidifying its market position [1]
图达通上市首日涨幅持续扩大 盘中涨超70% 总市值突破220亿港元
Zhi Tong Cai Jing·2025-12-10 03:00