HK Stock Market Move | MINIEYE (02431) continues to rise by over 6% and has reached a strategic cooperation with LDROBOT (01236), accelerating the scale-up of physical AI from research and development to commercial implementation.

MiniEye (02431) rose by more than 6%, as of the time of publication, up 5.86% to 10.48 Hong Kong dollars, with a trading volume of 7.1723 million Hong Kong dollars. On the news front, MiniEye has recently released a series of positive news. On June 9th, the company announced the successful acquisition of an over 130 million yuan order for L4 driverless buses, marking a continuous acceleration of commercialization in the L4 business and the market's full recognition of product maturity and planning implementation capabilities. With the large order in place, MiniEye is expanding its industrial layout and officially announced a strategic cooperation with LDROBOT (01236) on June 11th. Achieving business breakthroughs and ecological upgrades in the short term, highlighting the company's strong development resilience and growth potential. It is reported that this strategic cooperation, MiniEye and LDROBOT will focus on physical AI and embodied intelligence, around technology, products, scenarios, and data four dimensions, to carry out deep collaboration. Autonomous driving is a leading scenario for the landing of physical AI, and the integration of driverless vehicles with Siasun Robot&Automation is an important breakthrough for the commercialization of embodied intelligence on a large scale. This strategic cooperation with LDROBOT is an important step for MiniEye to enhance the physical AI track and explore new growth points, and will provide useful references for industry development through the strong alliance of industry-leading companies. The board of directors of MiniEye believes that this cooperation will accelerate the scale-up of physical AI from research and development to commercialization, expand the application boundaries of driverless vehicles and Siasun Robot&Automation, and help enhance the overall competitiveness of both parties' products, and promote high-quality development of the industry.