HK Stock Market Move | MINIEYE(02431) rose by more than 3% at the opening, Xiaozhu received another 500 orders, and the company's autonomous vehicle national layout process is accelerating.

MINIEYE (02431) opened more than 3% higher, closing at a 3.45% increase of 9.29 Hong Kong dollars, with a turnover of 338,200 Hong Kong dollars. On the news front, on June 24th, MINIEYE announced that it has formally signed a contract for the sale of unmanned logistics vehicles with an independent third-party company in Henan Province. The two parties have reached a cooperation agreement for the purchase of 500 unmanned logistics vehicles, along with synchronized supporting autonomous driving technology services. The delivered products will mainly be used in scenarios such as park logistics, supermarkets, and end delivery, promoting the popularization of autonomous driving technology in the field of smart logistics in Henan Province. The landing of this bulk purchase order for 500 vehicles is of great milestone significance in MINIEYE's national layout of unmanned vehicles. Currently, the footprint of Mini Zhu unmanned vehicles has spread to cities such as Jiyuan, Luoyang, Anyang, and Xinyang in Henan Province. In Jiyuan City, the first-generation model Mini Zhu T5 has been deployed in real commercial scenarios such as city delivery and fresh delivery, creating value for local customers in regular operation and helping the intelligent upgrade and transformation of the regional traditional logistics industry; In Luoyang City, the brand-new model Mini Zhu T5 Pro, with its "true mapless" technology, shows its stable and smooth driving performance in complex road conditions in the documentary video "Mini Zhu Intelligent China".