Automatic driving + Siasun Robot&Automation! MINIEYE (02431) accelerates the layout of the physical AI track.

Recently, MINIEYE (02431) has released a series of bullish news: on June 9, it announced the successful acquisition of a L4 driverless bus order worth over 130 million yuan, marking the continuous acceleration of the commercialization of the L4 business, with the maturity of the product and the market recognition of the planning and execution capabilities. At the same time as the large order was secured, MINIEYE expanded its industrial layout and officially announced a strategic partnership with LDROBOT (01236) on June 11. The short-term achievement of breakthroughs in business and ecological upgrades showcases the company's strong development resilience and growth potential. It is reported that in this strategic cooperation, MINIEYE and LDROBOT will focus on physical AI and embodied intelligence, and carry out in-depth collaboration around four dimensions: technology, products, scenarios, and data. The board of directors of MINIEYE believes that this cooperation can accelerate the scale-up of physical AI from research and development to commercialization, expand the boundaries of driverless vehicles and Siasun Robot & Automation applications, and help enhance the comprehensive competitiveness of both parties' products, promoting high-quality industrial development. The essence of physical AI is to enable AI to understand the physical laws of the real world, complete environmental prediction, autonomous decision-making, and dynamic interaction, posing high requirements for the synergy of algorithm capability, real-world data and hardware execution. Autonomous driving and Siasun Robot & Automation have highly similar underlying technologies, each with its own advantages in the process of implementing physical AI. Specifically, autonomous driving has already completed commercialization running on open road scenarios, accumulating a large amount of dynamic road condition data, advanced decision-making algorithms, and a mature vehicle-grade production system. Meanwhile, Siasun Robot & Automation focuses on indoor and outdoor end scenarios, with outstanding advantages in spatial perception, motion execution, and hardware integration. In this context, MINIEYE and LDROBOT have formed a strong alliance, specifying four core directions to comprehensively and systematically lay out the new physical AI track, including: jointly creating a physical AI technology base, jointly building a full-scenario physical AI product matrix, advancing scenario implementation and commercialization coordination, data and resource coordination, providing a new model for cross-industry cooperation. First, the two parties will jointly create a physical AI technology base. MINIEYE has formed a full-stack capability in closed-loop automatic driving end-to-end models, physical AI algorithms, and a large amount of real-world scene data; LDROBOT has accumulated deep expertise in physical AI spatial perception algorithms and models, embodied Siasun Robot & Automation ontology development and application, and real-world data and spatial assets, and the two parties will jointly develop a world model for general physical intelligence based on this foundation. At the level of jointly building the product matrix, two new product directions have been opened up. On the one hand, with integrated hardware and software solutions, the "last mile" end delivery scenario will be opened up, continuously amplifying the advantages of scale implementation and operation; on the other hand, combining the accumulated interactive intelligence technology in physical AI, a multi-modal interactive large model will be jointly developed, and a Siasun Robot & Automation product with core output based on "emotional value" will be launched, focusing on the three major characteristics of "empathy, real-time, and human-like", breaking through the boundaries of traditional tool-type Siasun Robot & Automation, accurately matching emerging needs such as home companionship, health care services, and business services, and is expected to open up a completely new growth space for physical AI products. In addition, MINIEYE will fully leverage its mature experience in unmanned scale implementation and system optimization, together with LDROBOT, to build "unmanned vehicle + Siasun Robot & Automation" full-link unmanned demonstration bases in core cities such as Shenzhen and Changsha, creating replicable and scalable landing models. At the same time, the two parties will carry out in-depth cooperation around the data infrastructure in the field of physical AI and embodied intelligence, jointly open up the data collection link between the vehicle end and the Siasun Robot & Automation end, establish a cross-platform unified data closed loop, and jointly build a high-quality scenario library covering indoor and outdoor, structured and unstructured environments, driving algorithm iteration with a data flywheel, continuously enhancing product competitiveness. As a leading domestic autonomous driving technology company, MINIEYE has preliminarily verified the physical AI technology through unmanned vehicles, and has achieved fruitful results in the large-scale implementation of Xiaozhu unmanned vehicles. MINIEYE will take this as a starting point, continuously expand the application boundaries, steadily implement the long-term development strategy of "deepening technology, making autonomous driving transparent, and extending to specific intelligence". Autonomous driving is the pioneering scenario for physical AI implementation, and the integration of unmanned vehicles and Siasun Robot & Automation is a key breakthrough for embodied intelligence to achieve large-scale commercialization. This strategic cooperation with LDROBOT is an important step for MINIEYE to strengthen the physical AI track, explore new growth points, and will provide valuable reference for industry development with the strong alliance of leading companies. Looking to the future, MINIEYE will continue to focus on technological innovation, polish more outstanding products, continuously release the value potential of the collaborative development of unmanned vehicles and Siasun Robot & Automation, advance side by side with more partners, jointly explore the vast blue ocean of global physical AI, and march towards a new future of human-machine collaboration and intelligent everything. About MINIEYE MINIEYE is committed to shaping the automotive intelligence industry ecosystem with technological innovation, improving road safety, enhancing driving experience, focusing on innovation and implementation of intelligent driving, intelligent cockpit, intelligent travel, intelligent logistics and other technologies, relying on self-developed full-stack platform technology, integrated software and hardware research and development capabilities, and advanced mass production capabilities, adhering to the strategies of "customer first, focus on scenarios, iterate products, expand boundaries", continuously developing solutions with increasing levels of automation, and striving to become a key driving force for intelligent transformation in the industry. About LDROBOT LDROBOT is committed to empowering Siasun Robot & Automation to understand the physical world through perception. As a global leading full-stack intelligent Siasun Robot & Automation enterprise based on perception intelligence, with multi-modal perception products, AI spatial intelligent models and algorithms, and efficient Siasun Robot & Automation general development platform, LDROBOT has built a complete capability from underlying technology to application landing in the intelligent Siasun Robot & Automation field. Starting from perception, LDROBOT explores various needs in the development of the Siasun Robot & Automation industry, develops vertical tracks for Siasun Robot & Automation, and promotes the landing and improvement of embodied Siasun Robot & Automation to enhance people's lives. LDROBOT's H shares are listed on the main board of the Hong Kong Stock Exchange (stock code: 01236).