HK Stock Market Move | CIDI (03881) Soared Over 21% in the Morning, Saudi Arabian National Mining Company Visits CIDI to Promote Global Practices in Smart Mining

CIDI (03881) surged more than 21% in the morning, reaching a 20.42% increase to HKD 20.7 as of the time of writing, with a trading volume of HKD 36.7569 million. On the news front, on June 16, a delegation from Saudi Arabian national mining company Maaden visited CIDI for exchange and investigation. Both parties engaged in in-depth discussions on topics such as unmanned transport in mining areas, digitization of mines, and global cooperation, exploring the application and development opportunities of smart mine technology in a global context. Maaden is a leading national mining company in Saudi Arabia and a key implementer of the Saudi "Vision 2030" strategy. In addition, CIDI introduced its self-developed remote-controlled excavator at the 2026 Perth Tradie Expo in Australia, attracting widespread attention with its innovative AI + remote control technology solutions. This participation marks an important step for CIDI in expanding into overseas markets, showcasing the international competitiveness of China's intelligent driving and engineering machinery remote control technology.