Movement Alert｜51WORLD Rises 6.84% in Regular Trading, L3 Mandatory National Standard Establishes Simulation Testing as Hard Prerequisite

Market Focus08-07 13:17

On August 7, 51WORLD rose 6.84% in regular trading, trading at HKD 72.3 per share, with turnover of HKD 208 million. The rally was driven by the MIIT's formally approved mandatory national standard titled Intelligent Connected Vehicles - Automated Driving System Safety Requirements, which establishes simulation testing as a hard prerequisite for L3 market access, with full implementation set for July next year.

51WORLD's subsidiary 51Sim holds a 53.5% market share in China's end-to-end advanced intelligent driving simulation sector, ranking first in the industry. All six national-level inspection institutions in China have adopted its simulation tools for compliance evaluation, achieving 100% coverage. As the enforcement date approaches, compliance verification demand from automakers is expected to be released in a concentrated manner. Additionally, the company's interim results are scheduled for release on August 10, drawing market attention to its business growth trajectory.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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