MINIEYE(02431) recently won the intelligent driving project designation.
Innovate, a company listed under the code 02431, announced that it has recently received a project appointment from a well-known automotive company. According to the appointment, the company will develop and provide a series of advanced intelligent driving products for a wide range of vehicle models for this client in both domestic and overseas markets. Based on the client's plan, the total amount of orders for the project throughout its entire lifecycle is expected to exceed 1.3 billion RMB and mass production is scheduled to start in mid-2026.
MINIEYE (02431) announced that the group has recently received a project notification from a well-known car manufacturer. According to this notification, the company will develop and provide a series of advanced intelligent driving products for a wide range of vehicle models for this customer in both the domestic and international markets. According to the customer's plan, the total lifecycle order amount for this project is estimated to be over 1.3 billion RMB, with mass production scheduled to begin in mid-2026.
The group has deep technical expertise and full-stack self-developed capabilities in the field of intelligent driving and automotive-grade software and hardware integration. This significant project notification strongly validates the competitiveness and international potential of the company's integrated intelligent driving solutions to meet both domestic and international standards. It not only reflects the group's technical strength and product reliability but also represents a key step in the group's global presence in the field of intelligent automotive technology.
The group believes that this cooperation will serve as a powerful engine to accelerate the group's global strategy implementation, helping to build an international business landscape. This project will drive the continuous iteration and upgrading of the group's technology, and accelerate the application and promotion of its innovative achievements on a global scale, with significant strategic importance for the global popularization of intelligent driving technology.
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