On July 20, NIO-SW rose 3.12% in regular trading, trading at 39.06 HKD/share, with turnover of 20.11 million HKD. The rally was driven by news that NIO's chip subsidiary, Anhui Shenqi Technology, made its first independent appearance at the World Artificial Intelligence Conference (WAIC), releasing multiple cutting-edge AI products.

Shenqi unveiled its Ruidong embodied intelligence development platform, a distributed intelligent agent platform, and showcased its NX9031 series chips covering three major tracks: autonomous driving, embodied intelligence, and Agent reasoning. The subsidiary has achieved cumulative shipments exceeding 300,000 units and completed nearly 3 billion yuan in financing since its establishment in June of the prior year, signaling NIO's chip business is officially expanding beyond automotive into the broader AI market.

The automobile sector saw a broad recovery, with XPeng up 4.07%, BYD up 2.48%, Li Auto up 1.68%, Leapmotor up 1.54%, and Geely up 1.24%.

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