
Market Insight | CHENQI TECH rose over 14% in early trading again, with a cumulative increase of nearly 50% in two days. The company has strong potential for commercial Robotaxi deployment

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CHENQI TECH rose more than 14% in early trading, with a cumulative increase of nearly 50% in two days. According to Saic Smart, the unmanned taxi Robotaxi is expected to be open to the public in August. CHENQI TECH has shown strong commercial potential for Robotaxi landing. The funds raised by CHENQI TECH through IPO are mainly used for research and development of autonomous driving and Robotaxi operation services, upgrading travel service products and improving operational efficiency, expanding user base and increasing market penetration, as well as enhancing brand awareness
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