$DZUG (01635.HK)$Up more than 40%, as of press time, it rose 40.63% to HKD 1.8, with a turnover of HKD 92.5298 million. It is worth noting that the A-share of the stock is currently on a three-day limit.

On the news front, the A-share of Dazhong Transportation hit the limit-up again, skyrocketing 2.3 times within a month. It is reported that in early July, Shanghai issued the first batch of demonstration licenses for unmanned driving and intelligent connected vehicles. According to insiders from Dazhong Transportation, RoboTaxi, a subsidiary under Baidu, and Dazhong Transportation's subsidiary Dazhong Chuxing jointly applied for 65 Robotaxi demonstration with operation.

According to Dazhong Transportation's first quarter report for 2024, there is only one shareholder holding more than 5% of the company's shares, which is Shanghai Dazhong Public Utilities (Group) Co., Ltd. with a shareholding proportion of 20.01%. Northeast Securities pointed out that Dazhong Public Utilities was formerly known as Shanghai Pudong Volkswagen Taxi Co., Ltd., and currently mainly invests and operates in the four sectors of urban gas, urban transportation, environmental municipal engineering, and financial venture capital. Among them, gas is the company's core industry.