Shares of METALIGHT (HKEX: 02605) rose more than 5% during the trading session. At the time of writing, the stock is up 5% to HK$1.26.
The uptick follows the company's recent launch of its new public transit and metro query application, TransitNow, signaling a reboot and upgrade of its overseas business operations.
It is reported that the app was officially launched on both iOS and Android platforms in mid-April 2026. The initial rollout covers over 10 cities and regions, including Hong Kong, Singapore, Melbourne, Sydney, Kuala Lumpur, Penang, Kuantan, and Johor Bahru, extending its service footprint across multiple Asian cities and regions as well as Australia.
The company stated that the development and iterative process of TransitNow represents a concrete application of its "AI-native organization" framework within an innovative business line. AI-assisted development was integrated throughout all stages, including requirements analysis, design, coding, testing, launch, and feedback, which helps shorten the distance between user feedback and product iteration.
Previously, when disclosing its 2025 financial results, METALIGHT noted that its flagship product, "Che Lai Le" (a real-time bus tracking app), has expanded its coverage to 488 cities and towns. The cumulative user base has surpassed 334 million, with monthly active users exceeding 30.31 million, and the number of partnered transportation entities has increased to 312. All four of these core metrics maintained positive growth.
Regarding international expansion, the company's overseas real-time bus application, Busio, already covers more than 10 international cities, providing preliminary validation for the cross-market transferability of its core technology.
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