ZTE (00763) surged more than 4% in afternoon trading, reaching HK$29.88 by the time of writing, with a trading volume of HK$548 million. The uptick follows the company's announcement that its self-developed high-performance, multi-domain fusion connectivity chip "Hanyu" M1 has been integrated into GAC Group's new energy vehicle brand Aion's model "Hyper GT Climbing Edition," which recently rolled off the production line.

ZTE highlighted that "Hanyu" M1 is an automotive-grade central computing platform SOC chip. It features a self-developed network acceleration engine enabling triple-network interoperability and a multi-core heterogeneous system supporting cross-network forwarding and switching. With its information security hardware acceleration engine and high-capacity on-chip storage, the chip delivers a 25% performance boost in real-time domain compared to international counterparts, making it well-suited for future domain-centralized architecture applications.