NEXTEER (01316) surged nearly 6% again, rising 5.24% to HK$6.63 as of press time, with turnover reaching HK$75.6335 million.

On the news front, Tesla Motors recently officially released "Master Plan Part 4," with Musk stating that the company will prioritize autonomous driving and Optimus as its most important future ventures. Tesla Motors has reportedly taken substantial steps in the commercialization of autonomous driving. Currently, Tesla Motors has launched Robotaxi autonomous driving pilot programs in Austin, Texas, and plans to expand this service to the Bay Area and other states before year-end. This signifies that Tesla Motors' autonomous driving technology is about to transition from the testing phase to commercial operation.

Notably, NEXTEER has secured steer-by-wire orders from Tesla Motors, Li Auto, Zeekr, and other automakers, with deliveries scheduled to begin in 2026. The company also maintains deep cooperation with XPeng, Xiaomi, GAC, and others, indicating significant growth potential for its steer-by-wire business.

Additionally, analysts point out that the company is currently in a profit recovery phase, with further improvement in profitability expected to rely on continued cost reduction and efficiency enhancement measures; growth in the more profitable Asia-Pacific region's revenue and its increasing revenue share; the company is accelerating orders for high-level electric power steering, rear-wheel steering, and steer-by-wire systems, potentially leveraging product structure optimization to enter a new round of upward profit cycle.