MetaLight’s Wuhan Yuanguang Signs Autonomous-Driving Public Transit Cooperation Pact With Hangzhou DTMaaS

Reuters03-20

MetaLight’s Wuhan Yuanguang Signs Autonomous-Driving Public Transit Cooperation Pact With Hangzhou DTMaaS

MetaLight’s consolidated affiliated entity Wuhan Yuanguang signed a strategic cooperation framework agreement with Hangzhou DTMaaS to work on autonomous driving for public transportation.
The parties plan to collaborate on R&D and applications, market expansion, talent exchange, and compliant sharing of anonymized data.
For autonomous driving projects secured by Hangzhou DTMaaS, it is expected to act as the general contractor, with Wuhan Yuanguang providing public transport operations support and local resource coordination.
Wuhan Yuanguang also agreed to acquire a 66.67% interest in the Hangzhou Yunzhimeng partnership for CNY20 million, which would give it an indirect 9.22% interest in Hangzhou DTMaaS.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Metalight Inc. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260320-12061814), on March 20, 2026, and is solely responsible for the information contained therein.

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