Shangtang-W (00020) rose more than 8%, and the cumulative increase in stock prices since last Wednesday (April 24) has exceeded 120%. As of press release, it rose 9.02% to HK$1.33, with a turnover of HK$364 million.
The Zhitong Finance App learned that Shangtang-W (00020) has risen more than 8%, and the cumulative increase in stock prices since last Wednesday (April 24) has exceeded 120%. As of press release, it rose 9.02% to HK$1.33, with a turnover of HK$364 million.
According to the news, at the 2024 Beijing Auto Show, Shangtang Zhuying unveiled a series of original ecological models and related product matrices. For the first time, it showcased the road test performance of UniAd, an end-to-end autonomous driving solution for mass production. At the same time, it also brought an AI large model cockpit product matrix with a multi-modal scene brain as the core and a new 3D interactive cockpit demonstration. According to Wang Xiaogang, co-founder and chief scientist of Shangtang Technology, and president of the Zhuying Smart Vehicle Business Group, UniAd, a true end-to-end autonomous driving solution for mass production, aims to be mass-produced and implemented by next year.
It is worth noting that on April 23, Shangtang held the 2024 Technical Exchange Day and released the 600 billion parameter large model “Nishi-Nisshin 5.0,” which greatly improved knowledge, mathematics, reasoning, and coding capabilities, and comprehensively benchmarked GPT-4Turbo. According to SDIC Securities, generative AI is gradually moving from technology to application implementation, driving the increase in demand for commercial orders. Based on technical capabilities and customer reputation, the company is expected to gain a certain market share and drive performance growth.