XXF Group (02473) surged more than 9% again. As of the time of writing, the stock was up 8.4%, trading at HK$9.29, with a turnover of HK$53.5079 million. The company recently announced it has signed a memorandum of understanding with Xiamen Kuangshi Technology, a leading domestic provider of millimeter-wave radar intelligent perception solutions, planning to acquire a 51% controlling stake through either a share purchase or a capital increase. Analysis suggests this move is seen as a clear signal of XXF Group's strategic and deep foray from the traditional automotive distribution sector into the core technology industry chain at the forefront of intelligent driving. Public information shows that Kuangshi Technology is a professional provider of comprehensive millimeter-wave radar intelligent perception solutions, possessing a full-chain product portfolio including chips, algorithms, modules, complete machines, and system platforms. Leveraging artificial intelligence and multi-modal technology, it serves four major sectors: smart health, smart home, assisted driving, and smart IoT, providing customers with high-performance products and comprehensive solutions. Its products cover areas including health and elderly care, consumer goods, medical, industrial, automotive, as well as software and services. Several of its products fill domestic gaps and hold a leading position within the industry.