Furuitech goes public in Hong Kong with a valuation of over 6 billion, and Geely becomes a shareholder

Zhejiang Furuitech Intelligent Technology Co., Ltd. submitted an application for listing to the Hong Kong Stock Exchange on November 23, with a valuation of more than 6 billion, and Geely became a shareholder. The company is China's leading advanced driver assistance system (ADAS) and autonomous driving system (ADS) technology provider. In China's L2 and L2+/L2++ intelligent driving solution market, Furuitech ranks third among independent suppliers with a market share of 14.6%.