Senior management team collectively increased their holdings in MINIEYE (02431) and produced a stable market "combination punch".

On January 21, 2026, MINIEYE (02431) announced that senior management members Wen Qi, Zheng Wei, Cheng Zhui, Yang Yihong, and Luo Xiwen of the company had collectively purchased a total of 167,000 shares of the company's H shares on the open market with their own funds as of January 21. According to the announcement, this increase in holdings by the management team is based on their high recognition of the recent achievements in the company's front-loading business (covering core areas such as mid-to-high-end assisted driving, intelligent cockpit, etc.) and L4 driverless vehicle business. It also affirms the company's full stack self-developed platform technology, integrated R&D capabilities, and leading mass production capabilities. The management team expressed confidence in the long-term development prospects of the company's L4 driverless logistics vehicle business and believed that the current stock price has not fully reflected the company's long-term investment value. Recently, MINIEYE has been active in the capital market. From the founding team and major shareholders voluntarily extending the lock-up period, initiating a share buyback plan of up to 200 million yuan, cornerstone investor Horizon Robotics increasing its holdings, to the senior executives collectively betting on the company's future with "real money," they have formed a combination to boost the market and demonstrate the company's intrinsic value. Industry insiders analyze that the series of actions by MINIEYE during the unlocking period effectively stabilize market expectations, shifting investors' focus from short-term pressures to the company's long-term business fundamentals. In the context of the Hong Kong stock market, senior management increasing their holdings is one of the most substantial expressions of confidence, indicating that the management team aligns their personal interests closely with the company. This collective increase in holdings by senior management is both a strong vote of confidence in the company's future development and a key anchor point for MINIEYE to actively respond to market pricing and strengthen long-term value. The market has also responded positively. Since the beginning of 2026, the Hong Kong stock market has rebounded overall, with the intelligent driving-related sectors showing a significant rebound. As a leading domestic intelligent driving enterprise, MINIEYE, despite facing unlocking pressure, has shown stable overall performance in its stock price and has been boosted by multiple positive factors, performing significantly better than the market's general expectations for similar companies. As of the date of publication, MINIEYE's closing price was 16.20 Hong Kong dollars, with the stock price rising by over 26% since the unlocking. In terms of news, MINIEYE received a "buy" rating from Guoyin International with a target price of 19.3 Hong Kong dollars. CICC Securities maintained a "strong buy" rating in its latest research report, believing that the turning point for the industrial scale of its L4 business has substantially arrived. Meanwhile, the company has also disclosed several important business developments, including signing a memorandum of understanding with the Indian Sterling Group to start its market layout in India, and the first overseas expansion of its L4 driverless vehicles, deploying over 1,000 driverless vehicles in Saudi Arabia. With the continued deepening of its "Go Global 2.0" strategic phase, it once again validates its commercial value in the "L2+L4" track. Currently, in a background where the secondary market is becoming more rational overall, funds will flow more towards companies with clear growth logic, technological reserves, and profitability paths. Companies that are actively bought by senior management and industrial capital during the unlocking season are more likely to become high-quality targets for crossing the cycle. MINIEYE's performance is also validating this logic. The company has moved beyond the "storytelling" stage and entered a realization period centered on orders, deliveries, and economies of scale. Its dual-track business structure of "L2+L4" also gives it significant scarcity and stronger countercyclical capabilities. The potential for explosive performance and verifiable long-term value are important criteria for capital markets to judge whether a company is worth long-term investment. MINIEYE has already provided the market with a positive answer through its solid business performance and a series of strong moves. The company is confident in its development and is willing to share the growth dividends with investors.