HK Stock Movement | XXF Group (02473) Surges Over 6% Following Recent Strategic Pact with Neolix to Gradually Launch Unmanned Vehicle Business

Stock News01-12

XXF Group (02473) rose more than 6%, climbing 6.27% to HK$8.3 by the time of writing, with a turnover of HK$37.2169 million. Recently, XXF Group announced that its indirect wholly-owned subsidiary, XXF Finance Leasing Group Co., Ltd., has entered into a strategic cooperation agreement with Neolix Huicong (Beijing) Technology Co., Ltd. concerning the establishment of a long-term strategic partnership in areas including unmanned vehicle procurement, road rights development, operational services, and market promotion. With the advancement of artificial intelligence, unmanned technology is increasingly penetrating traditional industries, and its commercial application in specific scenarios is progressively unfolding. Leveraging its nationwide self-operated network system and extensive experience in vehicle operation and management, the Group will gradually initiate its unmanned vehicle business. The Board believes that this strategic cooperation with Neolix will fully integrate Neolix's strengths in unmanned vehicle technology and product R&D, facilitating the smooth launch of the Group's unmanned vehicle operations, diversifying its business portfolio, and positively impacting the Group's financial condition.

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