Breaking the circle with strength! MINIEYE (02431) "True Image" autonomous vehicle Xiao Zhu T5 Pro receives the first batch of orders from Danyang.

On May 19th, MINIEYE (02431) announced the official signing of the "Unmanned Logistics Vehicle Purchase and Long-term Cooperation Agreement" with Jiangsu Danyang High-tech Industrial Development Co., Ltd. (hereinafter referred to as: Danyang High-tech Industrial Company), finalizing an order for 200 unmanned logistics vehicles. In this collaboration, MINIEYE will deliver in bulk the no-map version of the Xiaozhu T5 Pro vehicle, marking the first batch order received after the unveiling of the truly no-map unmanned vehicle. This signifies a significant milestone in the commercialization of the company's unmanned logistics vehicle business and expansion into regional markets. This collaboration is based on the core principles of "equality, voluntarism, mutual benefit, and long-term stability," with both parties working together to promote the intelligent upgrade of the logistics industry, effectively improving logistics operation efficiency and reducing operational costs. The purchased vehicles will mainly be used in the urban distribution field, including various categories such as fresh produce, food, medicine, supermarkets, and building materials. They will also serve core logistics scenes such as supply and distribution in city and county-level administrative regions and the "last mile," catering to diverse and precise logistics delivery requirements in the market. According to the agreement, MINIEYE will use the Xiaozhu T5 Pro vehicle to achieve mass delivery. Leveraging the technology provided by the no-map technology for environmental adaptability and scene generalization, the T5 Pro completely eliminates the strong dependence of unmanned vehicles on high-definition maps, enabling real-time perception and dynamic reconstruction of driving environments. This allows for easy adaptation to complex road conditions, precise matching of logistics delivery needs with higher flexibility and immediacy, breaking through the bottlenecks of traditional unmanned vehicle scenes and geographical limitations, achieving full compatibility with all scenarios and regions, and achieving a further expansion of the market boundaries for unmanned logistics. As an industry-first innovative product, the Xiaozhu T5 Pro quickly gained attention and interest from numerous customers and industry professionals after being officially unveiled at the Beijing Auto Show, thanks to its unique technological route. There has been a continuous flow of market inquiries and cooperation intentions. The advantages of the Xiaozhu T5 Pro are particularly prominent in terms of on-site deployment and later operation and maintenance. Compared to traditional unmanned vehicle deployment models, it can be quickly deployed within hours, achieving instant usability and rapid deployment. Furthermore, as it does not require the collection and updating of high-definition maps, the subsequent maintenance costs are significantly reduced, providing users with a cost-effective unmanned vehicle product. During the collaboration, MINIEYE will strictly adhere to the agreed-upon product specifications, technical parameters, and quality standards to ensure timely, quality, and quantity delivery, while also providing professional technical support and a comprehensive after-sales service system. Danyang High-tech Industrial Company will leverage regional resources to coordinate solutions for key issues such as road rights applications and licensing for unmanned logistics vehicles in the cooperative region, serving as a guardian for the scale operation of unmanned vehicles. The smooth signing of this 200-vehicle procurement agreement holds profound strategic significance for MINIEYE. Shortly after the release of the Xiaozhu T5 Pro, it secured a bulk order, marking a rapid leap from technological innovation achievement to commercialization. The project implementation will also accelerate the scale application of Level 4 autonomous driving technology in urban distribution, helping the industry reduce costs and increase efficiency, and creating replicable examples of intelligent logistics development. The deep cooperation between the two parties fully confirms the high recognition of MINIEYE's autonomous driving technology capabilities and mature product landing capabilities by various sectors of the market, and signifies the continuous acceleration of the commercialization of the company's unmanned logistics business and further consolidation of its leading position in the industry. Currently, Xiaozhu unmanned logistics vehicles have been deployed in 18 cities, including Guangzhou, Changsha, and Chongqing, covering diverse scenes such as express delivery, cold chain, and automotive parts, with a cooperation scale exceeding 7,000 vehicles. In the future, MINIEYE will continue to focus on technological innovation as its core drive, continuously refining autonomous driving technology and products, deepening synergies with regional partners, expanding the application scenarios of intelligent logistics, helping more industries achieve intelligent transformation, and fully promoting the high-quality development of the automotive intelligent industry ecosystem.