By Li Panpan

(JW Insights) Jul 4 -- Shares of Longhorn Automotive Electronic Equipment (LAEE豪恩汽电) surged 83.51% on Shanghai’s Nasdaq-style Star Market on its July 4 debut.

LAEE's produces camera, video recording, anultrasonic radar systems used in intelligent driving systems such as Advanced Driving Assistance System (ADAS).

LAEE's image algorithm research and development team has developed its competitive edge in algorithm for lane offset , pedestrian detection, obstacle recognition, image splicing and traffic sign identification. It has developed these strengths closely with vehicle manufacturers along with independent intellectual property rights after years of efforts.

The company was founded in 2010 in Shenzhen, and its parent company Longhorn Group was set up in 1995, according to Tianyancha, a provider of Chinese corporation data and due diligence platform.