SEYOND (02665) saw its shares rise more than 13% during early trading. At the time of writing, the stock was up 7.85%, trading at HK$9.93 with a turnover of HK$92.5057 million. The surge follows the company's recent announcement that cumulative deliveries of its lidar sensors have officially surpassed one million units. According to the latest data from Gasgoo Auto Research Institute, SEYOND ranked third in the domestic passenger vehicle lidar market for January-February 2026, capturing a 16.4% market share. Notably, to better address sustained growth in market demand, SEYOND has planned to add an additional one million units of production capacity within the year, building upon its existing capacity of 1.2 million units. The company will also establish a dedicated production line for the mass production of its pure solid-state lidar Hummingbird platform, significantly enhancing its market responsiveness in emerging fields such as robotics.
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