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

ReutersApr 24, 2026 2:06 AM

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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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