Glonghui, August 29 | Yingheng Technology (1760.HK), a leading automotive electronics solutions provider in China, announced that the group has been included in the FTSE Russell Global Stock Index series, including the FTSE Full Market Index and the FTSE Global Microcap Index, which will officially take effect after the market closes on September 15, 2023. Yingheng Technology has now been included in the FTSE Russell Global Stock Index series. Reflecting that the Group has received recognition from the international capital market for its potential value and development direction, which helps to enhance the liquidity of the Group's stock trading, thus further realizing the Group's investment value. According to a recent research report from GF Securities, Inheng Technology launched a MADC3.5 domain controller for L2+ and L2++ smart driving scenarios in the first half of 2023, and also launched two high-end front and rear area controller solutions based on Infineon multi-core processors. Positioned as an asset-light and research-intensive automotive electronics solution provider, Yingheng Technology benefits from new energy and intelligence for automobiles, and product upgrades+category expansion drive continued business growth. The company's EPS for 23-25 is expected to be 0.33/0.41/0.50 yuan/share. Considering the company's unique business model, historical valuation, etc., the bank covered Yingheng Technology for the first time and gave it a “buy” rating, with a target price of HK$5.45.