51Sim (6651.HK) Dual-Driven Globalization: Former VTD China Head Zhenming Zhi Joins, Launches RSU Plan with 10% Cap

Gonggong News Agency • Gonggong Finance Bureau, March 31st, by reporter: 51Sim (6651.HK) Dual-Driven Globalization: Former VTD China Head Zhenming Zhi Joins, Launches RSU Plan with 10% Cap

March 31st report: 51Sim (6651.HK) has made significant progress in recent efforts to attract top-tier talent and incentivize core teams. Through a dual-driven strategy of 'top talent acquisition + long-term equity incentives,' the company is accelerating its strategic layout in global physical AI and autonomous driving simulation.

Top Industry Leader Joins: Deepening the Intelligent Driving Simulation Ecosystem

The company officially announced that Zhenming Zhi, former head of Hexagon's intelligent driving business development and an industry veteran, has joined 51Sim as the head of solutions. Between 2018 and 2025, Mr. Zhi led VTD’s exponential growth in the Chinese market, increasing its market share from 2% to over 50%. Against the backdrop of Cadence, a global industrial software giant, acquiring Hexagon’s design and engineering division for 2.7 billion euros, and ongoing consolidation of global simulation resources, Mr. Zhi's decision to join 51Sim highlights the appeal of a locally controlled simulation platform. His expertise will help 51Sim overcome key technological challenges, deepen cooperation with top global automakers, and enable mass production of advanced intelligent driving systems.

RSU Plan Launched in Tandem: Shared Benefits Drive Long-Term Growth

To align with the high-level talent strategy, Wuyi Perspective has announced the adoption of a Restricted Share Unit (RSU) plan. This plan sets an overall cap of 10%, aiming to recognize and retain key leading talents such as Mr. Zhenming Zhi through equity as a core link. It also aims to continuously attract outstanding professionals globally.

Management stated that the RSU scheme will strictly adhere to Hong Kong's listing rules, implemented through flexible methods such as market purchases, new share issuances, or inventory share transfers. This move not only enhances the company’s governance structure and incentive system but also signals to the capital markets the company’s steadfast commitment to 'technological self-reliance' and building an enduring physical AI enterprise.

Conclusion

Wuyi Perspective began developing 51Sim in 2017 and has invested continuously for eight years. By 2025, 51Sim is projected to capture 53.5% of the market share in China’s end-to-end advanced intelligent driving simulation and data platform sector. Frost & Sullivan forecasts that the market size for autonomous driving and embodied intelligence simulation and data demands will reach 180 billion yuan by 2030. With the arrival of core talent and the implementation of equity incentives, Wuyi Perspective is embarking on a new global journey into the physical AI era with greater stability.

Source: Gonggong News • Gonggong Finance Bureau

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