Hong Kong Stock Movement | BWI INT'L (02339) Surges Nearly 15% as Company Partners with Changan Deep Blue to Bring Fourth-Generation MagneRide Magnetic Suspension System to Domestic Vehicle Models

Stock News
09/16

BWI INT'L (02339) surged nearly 15%, and as of press time, the stock was up 14.29% to HK$0.64, with trading volume of HK$3.233 million.

On the news front, according to the WeChat platform "BWI Smart Mobility," the Changan Deep Blue L06 long-range magnetic suspension laser coupe recently made its successful global debut. This model is the world's first mass-production vehicle equipped with a 3-nanometer automotive-grade cockpit chip, while maximizing chassis driving pleasure with a magnetic suspension active suspension system that performs 1,000 scans per second.

In recent years, BWI Smart Mobility has continued to invest in research and development, becoming the first in China to achieve full industrial chain autonomous control of magnetic suspension shock absorbers, with complete in-house research and development and full intellectual property rights. BWI Smart Mobility has assisted Changan Deep Blue's domestic vehicle models in achieving peak driving and riding performance through the full localization and mass production of magnetic suspension active suspension systems.

Additionally, the fourth-generation MagneRide® magnetic suspension system will be delivered in large quantities to multiple domestic vehicle models starting in the third quarter of this year, empowering the upgrade of China's active suspension industry.

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