On June 2, Pateo Connect Technology rose 5.07% in regular trading, trading at 227.4 HKD/share, with trading volume of approximately 91.85 million HKD. The rally was driven by continued market enthusiasm over the company's strategic partnership with NVIDIA.

On May 29, Pateo Connect Technology announced it held a strategic cooperation signing ceremony with NVIDIA in the United States, with both parties exploring collaboration in in-vehicle AI, autonomous driving, next-generation computing platforms, and optical communications. The key catalyst is that the company's AI Box solution, developed on the NVIDIA DRIVE AGX Thor accelerated computing platform, has secured a mass production designation from a leading new energy vehicle OEM, marking the formal transition from technical validation to commercial deployment.

Fundamentally, the company reported Q1 operating revenue growth exceeding 100% year-over-year, with significant improvement in operating profit margins, driven by its high-end intelligent cockpit strategy and expanding overseas contributions. Two major brokerages recently issued follow-up reports, with one raising its target price to 333.14 HKD while maintaining an Overweight rating.

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