$MINIEYE (02431.HK)$ In the early trading, there was a sharp rise, as of the time of writing, up 20.43%, priced at 33.6 Hong Kong dollars, with a transaction value of 0.15 billion Hong Kong dollars.

In terms of news, Youjia Innovation recently announced that it has received multiple designated notification letters to provide DMS and OMS smart cockpit solutions for a well-known global automotive company's joint venture and luxury brands. According to industry insiders, these two automakers are Volkswagen and Audi. Additionally, Youjia Innovation has been included in the Hong Kong Stock Connect. The Board of Directors believes that the company's public visibility is expected to increase, and the liquidity of the company's H shares on the Hong Kong Stock Exchange will also improve, thereby providing more business development and cooperation opportunities for the group and further expanding the company’s Shareholder base.

It is worth mentioning that the Qichacha APP shows that recently, Shenzhen Xiaozhu Robot Technology Co., Ltd. was established, with Yang Guang as the legal representative and a registered capital of 20 million yuan. The business scope includes the R&D of smart robots, AI theory and algorithm Software Development, smart robot sales, and the development of AI Application software, among others. Qichacha's equity penetration shows that the company is wholly owned by Youjia Innovation.

Editor/Rocky