HK Stock Market Move | MINIEYE(02431) rose over 5%. L4 unmanned bus won orders exceeding 1.3 billion yuan, and the commercialization process continues to accelerate.
As of the time of publication, Innovative (02431) has risen by over 5%, with a 5.2% increase, reaching 11.32 Hong Kong dollars, with a turnover of 3546.74 million Hong Kong dollars.
MINIEYE (02431) surged more than 5%, as of press time, it rose by 5.2%, to HKD 11.32, with a turnover of HKD 35.4674 million.
On the news front, MINIEYE announced last night that the group recently officially signed a procurement contract for autonomous driving vehicles with a third-party company specializing in intelligent automobiles, components, and smart transportation. This successful collaboration marks a significant milestone for the group's unmanned bus-related business in terms of commercialization and market expansion.
According to the terms of the procurement contract, both parties have agreed to a principle of "equality, voluntariness, mutual benefit, honesty, and credit". The group will supply unmanned buses, autonomous driving kits, and provide related technical services to the other party. This contract involves the purchase of hundreds of unmanned buses and related services, with a total contract value exceeding RMB 130 million. The products delivered by the group will mainly be used in local tourism, microcirculation, and public transportation applications.
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