Shares of PATEO CONNECT Technology (Shanghai) Corp (2889.HK) jump as much as 23.2% to HK$198.9, their highest level since March 11
Stock on course for the fourth consecutive session of gains
China-based smart cockpit solutions provider said it has entered into a series of deep collaborations with a leading OEM new energy automobile enterprise and Nvidia (NVDA.O)
Says collaborations include mass production for a leading OEM new energy automotive enterprise and related to Nvidia accelerated computing platform configuration solution
Company says it will develop an in-vehicle large model solution based on Nvidia’s DRIVE AGX Thor computing platform; by deploying an AI BOX on the platform, the company aims to provide high-performance computing power to support in-vehicle deployment of next-generation AI large model
YTD, stock down 16.6%, Hang Seng TECH Index (.HSTECH) down 13%

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- PATEO CONNECT Technology (Shanghai) Corp's shares surged 23.2% to HK$198.9, marking their highest level since March 11 and setting the stage for a fourth consecutive session of gains.  
- The company announced deep collaborations with a leading new energy automobile OEM and Nvidia, focusing on mass production and the development of an in-vehicle large model solution utilizing Nvidia's DRIVE AGX Thor platform.  
- Despite the recent gains, the stock remains down 16.6% year-to-date, compared to a 13% decline in the Hang Seng TECH Index.

BUZZ-PATEO CONNECT hits 6-week peak on OEM enterprise, Nvidia tie-up