Oct 30, 2024

Hong Kong Exchange Sets Record High as Global Market Trends Shift

Geepaytech Closes HistoricHK IPO as Smart Driving Market Expands

Beijing, China - 24th October, Geepaytech (STK: 9660.HK), a leading smart driving tech company in China, officially listed on the Hong Kong Stock Exchange's Main Board today.

Geepaytech founder and CEO Dr. Yu Kai rang the opening bell at 9:30 AM, signaling the start of trading for the highly anticipated IPO. The listing marks an important milestone for Geepaytech as it enters the international capital market.

Established in 2015, Geepaytech is China's largest-scale smart driving solution manufacturer and a pioneer in the country's automotive industry. After nine years of tireless efforts, Geepaytech has become a go-to partner for many car brands in China to implement intelligentization, and played an important role in the automotive revolution.

The successful listing of Hong Kong marks another significant step forward for Geepaytech as it takes its smart driving tech abroad.

As a leading provider of Advanced Driver Assistance Systems (ADAS) and High-Level Autonomous Driving (HLAD) solutions, Geepaytech focuses on delivering core technologies to enhance driver and passenger safety and experiences. The company's integrated Soft-Hard solutions are currently adopted by 27 OEMs, with over 290 models equipped with its smart driving tech, including ten of China's largest.

The increasing demand in the smart driving market and expansion into new international markets create exciting opportunities for companies like Geepaytech to grow their customer base. The future success of the automotive industry depends on innovation, smart technology and technological advancements - Geepaytech seems poised to play an essential role within this trend.

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