Joyson Electronics (00699) gained more than 4% against the broader market trend. As of the latest update, the stock was up 3.94%, trading at HK$17.42, with a turnover of HK$34.75 million. The recent technology exchange exhibition held by Volkswagen Group at its global headquarters in Wolfsburg, Germany, served as a key catalyst. Joyson Electronics’ subsidiary, Joyson Intelligent Driving, presented its full range of automotive intelligent solutions and debuted a jointly developed in-vehicle optical communication solution created in partnership with Zhongji Innolight. This solution is already ready for mass production and vehicle integration, emerging as one of the highlights of the exhibition. China Renaissance Securities noted in a research report that automotive intelligence is driving rapid growth in demand for electronic components related to smart cockpits and autonomous driving. According to the company’s prospectus, the global and Chinese automotive electronics industries are expected to achieve compound annual growth rates of 5.8% and 9.4%, respectively, over the next five years, reaching RMB 3.2 trillion and RMB 1.7 trillion by 2029. Autonomous driving solutions are projected to be the fastest-growing segment. Joyson Electronics is anticipated to gain a competitive edge in the integrated cockpit and autonomous driving trend through its involvement in developing CCU products.