MINIEYE (02431) Secures New Smart Driving Project Design Win

Stock News01-25

MINIEYE (02431) announced that the Group has recently received a new project design win notification from a well-known automobile manufacturer. According to this notification, the company will develop and supply a series of advanced smart driving products for a wide range of the client's vehicle models targeting both domestic and international markets. Based on the client's plan, the total value of orders for the aforementioned project over its entire lifecycle is estimated to be over RMB 1.3 billion, with mass production scheduled to commence in mid-2026. The Group possesses profound technical expertise and full-stack in-house R&D capabilities in the fields of smart driving and automotive-grade integrated hardware and software. This landmark design win strongly validates the competitiveness and international potential of the company's integrated smart driving solutions in meeting global standards, not only demonstrating the Group's technical strength and product reliability but also marking a crucial step towards achieving global presence in the passenger vehicle intelligence sector. The Group believes this collaboration will serve as a powerful engine to accelerate the implementation of its globalization strategy, aiding in the construction of an international business footprint. This project will drive the continuous iteration and upgrading of the Group's technology and accelerate the application and promotion of its innovative achievements worldwide, holding significant strategic importance for the global proliferation of smart driving technology.

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