On May 27, Pateo Connect Plus rose 5.25% in regular trading, reaching 211.0 HKD/share, with trading volume of approximately 72.83 million HKD. The stock extended its recent rally driven by multiple strategic catalysts.
On the news front, the company recently announced a deep partnership with NVIDIA based on the DRIVE AGX Thor accelerated computing platform to develop vehicle-end large model solutions, making it the first AI application company globally to achieve mass production cooperation with this chip. Additionally, the company appointed former Cerence Group CEO Dr. Stefan Ortmanns as head of European operations, accelerating its global expansion strategy. The company also reported breakthrough progress in its AI Box product line and continues to deepen its integration with the HarmonyOS ecosystem, with its proprietary擎OS platform deeply synergizing with the Kirin 9610A processor. Analysts noted the company stands to benefit from surging delivery volumes of HarmonyOS-powered vehicles while overseas client pipelines are expected to contribute incremental revenue growth.
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