According to Zhitong Finance APP, Youjia Innovation (02431) surged over 22% in the morning, reaching 34.3 Hong Kong dollars, setting a new listing high. As of the time of writing, it has increased by 21.01%, priced at 33.4 Hong Kong dollars, with a trading volume of 94.1857 million Hong Kong dollars.

In terms of news, according to the announcements from the Shanghai Exchange and Shenzhen Exchange, Youjia Innovation shares will be included in the list of eligible securities under the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, effective from March 10, 2025. This means that mainland investors can directly invest in the company's Listed in Hong Kong shares through the exchanges, broadening the investor base and further enhancing the liquidity and market visibility of the stocks.

In addition, on March 9, Youjia Innovation announced a partnership with a luxury brand and joint venture brand under a certain Global automotive company to provide its self-developed DMS and OMS solutions. This cooperation validates the company's global competitiveness in technology research and development, mass production delivery, and quality systems, marking significant progress in its Business and will accelerate Youjia Innovation's penetration into the high-end market. According to industry insiders, these two automotive companies are Volkswagen and Audi.