HK Stock Market Move | BRETON(01333) rose more than 11% in early trading. The company's unmanned driving special mining truck will have its global premiere on Friday this week.

BRETON (01333) rose more than 11% in early trading, rising 7.76% as of press time, to 28.88 Hong Kong dollars, with a turnover of 48.109 million Hong Kong dollars. On the news front, on November 21, BRETON, known as the "first stock of the Siasun Robot & Automation zero-carbon mine," launched the world's first unmanned driving dedicated mine truck. It is worth noting that a strategic cooperation framework agreement was recently signed with Fujian Rixin Machinery Leasing Co., Ltd. Under the agreement, Fujian Rixin plans to purchase no less than 150 electric mine trucks and supporting unmanned driving services from BRETON for use in mining operations such as earthmoving, loading and unloading, transportation, and dumping. This cooperation marks a new progress for BRETON in the commercial application of unmanned driving in mines. It is worth noting that BRETON recently announced plans to issue up to 10 million new H shares, raising approximately HK$240 million net. Approximately HK$170 million will be used for overseas photovoltaic and energy storage project investment and development, approximately HK$40 million for repaying interest-bearing loans, and approximately HK$40 million for the research and development of a multimodal large-scale model-driven unmanned driving mine truck coordinated scheduling system.