According to the Zhitong Finance app, Suteng Juchuang (02498) rose more than 4%, and as of the publication, it rose 4.53% to 63.40 Hong Kong dollars, with a turnover of 6.7491 million Hong Kong dollars.

On the news side, the Shenzhen Stock Exchange recently announced the adjustment of the list of securities included in the Hong Kong Stock Connect under the Shenzhen-Hong Kong Stock Connect, with Suteng Juchuang included and effective from June 11. Guohai Securities' research report pointed out that Suteng Juchuang leads the industry in terms of revenue scale, mass production and delivery, and cost control. In addition, the self-developed chip solution is expected to continue to improve cost reduction capabilities. With the expansion of business scale in the future, the ratio of period cost is expected to decrease rapidly, and the company may realize profits in 2026.

It is understood that the company's main business is the development and sales of lidar hardware and solutions. Through the core technology loop of lidar hardware, perception software, and chips, the company provides intelligent lidar systems with information comprehension capabilities to the market. The company's lidar delivery volumes from 2020 to 2023 are 0.72/1.63/5.70/25.6 million units, and the total operating income is 0.171/0.331/0.530/1.120 billion yuan, expanding in sync with sales growth.