HK Stock Market Move | MINIEYE (02431) rose more than 10% during the day, the company launched the unmanned logistics brand "Xiaozhu unmanned vehicle" to achieve L4 level logistics autonomous driving.

MINIEYE (02431) rose over 10% in intra-day trading, with a 6.34% increase at the time of writing, reaching 27.18 Hong Kong dollars, with a trading volume of 135 million Hong Kong dollars. In terms of news, on September 15th, MINIEYE officially launched its unmanned logistics brand "Xiao Zhu Unmanned Vehicle" in Shenzhen. The company also announced the offline of the first batch of vehicles and delivery to partners, officially entering the unmanned logistics industry with a rhythm of "release and delivery". It is reported that MINIEYE's L4 solution has been commercially deployed in industrial parks, commuting, airports, and other scenarios. It is worth noting that MINIEYE's Xiao Zhu unmanned vehicle product has been approved by Shenzhen Post and East Bus. On September 3rd, the three parties signed a strategic cooperation agreement to promote in four main directions: "integration application of unmanned logistics vehicles and bus scenarios", "multipurpose use of bus station space", "expansion of cross-scenario business", and "collaborative innovation in labor". This will achieve a two-way improvement in logistics efficiency and public resource utilization.