Furuitech applies for listing on the Hong Kong Stock Exchange, and Geely becomes its main customer

Fuertech, a leading Chinese intelligent driving solution provider, submitted an application for listing to the Hong Kong Stock Exchange on November 22. The joint sponsors of this listing include CITIC Securities, CICC, Huatai International and HSBC. Fuertech focuses on advanced driver assistance systems (ADAS) and autonomous driving systems (ADS) technologies, and independently develops ODIN, a hardware-software integrated intelligent driving platform, to provide automakers with comprehensive, flexible and cost-effective intelligent driving solutions. As of June 30, 2024, Fuertech has established partnerships with 46 OEMs, with more than 280 fixed-point projects and more than 200 mass production projects. Geely, as one of Fuertech's shareholders, is also its largest single customer.