HK Stock Market Move | MINIEYE(02431) opens more than 5% higher and partners with Honor to build a "Unmanned Vehicle + Siasun Robot & Automation" to create a fully automated logistics loop.

MINIEYE (02431) opened more than 5% higher, rising 5.23% to 11.06 Hong Kong dollars as of the time of publication, with a turnover of 44.61 million Hong Kong dollars. In terms of news, on April 16, MINIEYE announced a partnership with Honor to jointly explore the application of industrial manufacturing logistics, end delivery, and other vertical scenarios based on unmanned logistics vehicles and Siasun Robot&Automation, to build a logistics unmanned closed loop of "unmanned vehicles + Siasun Robot&Automation". In this cooperation, MINIEYE and Honor will fully leverage their respective advantages in technology research and development, mass production experience, and ecosystem, focusing on the collaborative application of unmanned logistics vehicles and Siasun Robot&Automation, to establish a fully unmanned closed loop from storage sorting to end delivery, providing a new paradigm for the deep integration of autonomous driving and Siasun Robot&Automation, and helping industrial transformation and upgrading. MINIEYE, as a leading autonomous driving company that has successfully commercialized L2+ technology in the L4 field, has served over 40 global OEMs, and its unmanned vehicle business has entered the fast lane of development. Currently, MINIEYE's self-developed Xiaozhu unmanned vehicle has been deployed in 18 cities including Shenzhen, Guangzhou, and Changsha, providing precise empowerment for diverse scenarios such as express delivery, urban distribution, and supermarkets, with a cooperative scale exceeding 7,000 units and successful expansion of its business overseas.