CIDI-NEW (03881), a globally leading provider of intelligent driving hardware and technology products, continues to demonstrate its strength to the capital markets with a powerful stock price rally. Today, CIDI-NEW's shares extended their recent strong performance, surging over 39% at one point during the trading session. Taking a broader view, since April, the stock's maximum gain has exceeded seventy percent. From a news perspective, CIDI-NEW's formal inclusion in the Southbound Stock Connect list starting from the 9th of this month has undoubtedly provided an additional boost to the company's share price performance. However, beyond this, a more significant reason is believed to be the 2025 financial report disclosed last month, which revealed that this platform company focused on autonomous mining trucks possesses solid fundamentals and a clear growth trajectory. Currently, the autonomous mining truck solutions industry in which CIDI-NEW operates is in the early stages of large-scale volume expansion. The market size was approximately 1.9 billion yuan in 2024 and is projected to surge to 39.6 billion yuan by 2030, with a total addressable market potential as high as 550 billion yuan.
Operating within this multi-hundred-billion-yuan market, CIDI-NEW also possesses unique differentiated competitive advantages. Unlike the common "self-owned fleet + operational services" heavy-asset model adopted by peers, CIDI-NEW adheres to a pure product sales model to enter the market. This "product-driven" approach enables deep collaboration rather than competition within the industry chain. As a technology enabler, CIDI-NEW supplies core products to mining companies, original equipment manufacturers, and transport contractors without engaging in actual mining operations. This "non-competing with customers" niche makes commercial relationships more sticky and enduring, thereby more easily translating into economies of scale.
Reflected in its financials, CIDI-NEW's revenue for 2025 increased by 115.8% year-over-year to 885 million yuan, while gross profit surged 86.7% to 189 million yuan. Alongside this high-quality earnings delivery, the company delivered 630 sets of autonomous mining truck solutions in 2025, representing a staggering year-on-year growth rate of 317.22% compared to 2024. This leapfrog growth not only confirms the market's high recognition of the company's technical prowess and product maturity but also signifies that its commercialization process has fully entered a new stage of scaled replication and volume growth.
In light of the industry environment and the company's own characteristics, the impressive 2025 performance might only represent the initial release of CIDI-NEW's potential, with its growth runway far from peaking. It is anticipated that CIDI-NEW will deeply capitalize on industry tailwinds going forward. On one hand, as the company continues to deeply explore the intelligent and unmanned demands of mining scenarios, promoting the unmanned and intelligent transformation of the entire operational chain including drilling, blasting, excavation, and transportation, it is expected to unleash even stronger growth momentum. Simultaneously, the large-scale deployment in diversified scenarios such as autonomous heavy-duty trucks, along with the advancement of pilot projects for open-road bulk short-distance hauling, will effectively broaden its business boundaries. On the other hand, as CIDI-NEW accelerates its layout in key regions including Australia, South America, and the Middle East, the company is poised to demonstrate its global competitiveness on a broader stage.
With both solid fundamentals and exceptionally clear medium-to-long-term growth logic and expectations, it is no wonder that CIDI-NEW's stock price has been climbing steadily. For a stock that combines growth certainty with flexibility, the sustainability of its upward trend is likely to exceed market expectations.
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