MINIEYE (02431) has reached a strategic cooperation with Ground Iron and Gecko Technology, ushering in a new stage of large-scale unmanned logistics.

Recently, MINIEYE (02431) officially announced a strategic partnership with GroundAero Green Technology (Shenzhen) Co., Ltd. and Shenzhen Bihu New Energy Vehicle Technology Co., Ltd. The three parties will integrate their respective resources to jointly promote the design, production, and delivery of vehicle-grade unmanned logistics vehicles, in order to fill the market gap with economies of scale, vigorously compete for core market share, and achieve key market breakthroughs, setting a benchmark for the large-scale landing of unmanned logistics. According to the cooperation agreement, the three parties will aim for "complementary advantages, coordinated development, and mutual creation and win-win," accurately tap into the core needs of the unmanned logistics market, and build a full-chain collaborative system from technical research and development, complete vehicle mass production to market implementation. MINIEYE will strictly adhere to national and industry vehicle-grade certification standards, taking full responsibility for the core technology implementation of unmanned logistics vehicles to ensure the safe and reliable operation of the vehicles; Bihu Technology will lead the R&D of the chassis system of unmanned logistics vehicles to provide solid hardware support for vehicle performance; GroundAero will leverage its rich market resources and operational experience to deeply participate in product definition, providing practical suggestions for product functionality, performance, appearance, and cost control. The deep integration of MINIEYE's full-stack self-developed L4-level autonomous driving technology and production experience, Bihu Technology's rich experience in automotive R&D and manufacturing, and GroundAero's mature logistics operation network and market insights through this strategic cooperation will effectively reduce logistics costs, provide replicable cost reduction and efficiency improvement examples for the industry, and promote the development of a smart logistics ecosystem. The three parties will take this cooperation as a starting point to vigorously promote the project implementation and jointly create a new chapter in the high-quality development of the unmanned logistics industry. Currently, the logistics industry's demand for efficiency improvement and cost control is increasingly urgent, and unmanned logistics vehicles, with outstanding advantages such as 24/7 operation and cost savings in labor, have become a key solution to industry pain points. However, the market currently lacks mature products that are scalable and meet vehicle-grade standards. This cooperation will effectively fill this market gap and create a strong scale effect. Currently, XiaoZhu unmanned vehicles have completed practical application verification in various complex scenarios such as Shenzhen Huaqiang Industry North, agricultural wholesale markets, and Changsha Jiucheng Group, fully demonstrating their generalization ability and reliability in high-difficulty, high-dynamic environments. With excellent product strength, XiaoZhu unmanned vehicles have already won orders for 500 units from Master and 800 units from XinJieao, among others, with market recognition continuing to rise. This three-party strategic cooperation is a significant breakthrough for MINIEYE in the large-scale application of unmanned logistics, further expanding its market influence within the industry.