Pateo Connect Hits 6: week peak on OEM enterprise, Nvidia tie-up

PATEO CONNECT Technology (Shanghai)

24/04/2026 03:06

** Shares of PATEO CONNECT Technology (Shanghai) Corp 2889.HK jump as much as 23.2% to HK$198.9, their highest level since March 11

** Stock on course for the fourth consecutive session of gains

** China-based smart cockpit solutions provider said it has entered into a series of deep collaborations with a leading OEM new energy automobile enterprise and Nvidia NVDA.O

** Says collaborations include mass production for a leading OEM new energy automotive enterprise and related to Nvidia accelerated computing platform configuration solution

** Company says it will develop an in-vehicle large model solution based on Nvidia's DRIVE AGX Thor computing platform; by deploying an AI BOX on the platform, the company aims to provide high-performance computing power to support in-vehicle deployment of next-generation AI large model

** YTD, stock down 16.6%, Hang Seng TECH Index .HSTECH down 13%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))