SEYOND (02665) rose nearly 20% again, reaching a high of HK$17.85 and continuing to set a new record since its listing. As of press time, the stock was up 15.43% at HK$17.21, with a turnover of HK$18.212 million.
Public information shows that SEYOND is one of the companies engaged in designing, developing, and manufacturing automotive-grade LiDAR solutions. According to CIC data, it is the world's first supplier to achieve mass production of high-performance automotive-grade LiDAR solutions. The same source indicates that in 2024, the company delivered approximately 230,000 automotive-grade LiDAR units, ranking fourth globally by ADAS LiDAR solution sales revenue with a market share of 12.8%.
Notably, SEYOND is the first company globally to achieve mass production of 1550nm high-performance LiDAR while also possessing the capability for cost-effective 905nm mass production, establishing a comprehensive product portfolio covering both premium and mass markets. Among its offerings, the "Falcon" series, based on the 1550nm platform, has demonstrated high performance and reliability in real-world applications through the delivery of over 600,000 units, securing a first-mover advantage for the large-scale adoption of L3+ advanced autonomous driving.
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