MINIEYE (02431) Forges Strategic Partnership with CATL's Era Intelligent to Develop Competitive Global Smart and Electric Solutions

Stock News03-03

MINIEYE (02431) has announced the formal signing of a strategic cooperation agreement with Era Intelligent, a subsidiary of Contemporary Amperex Technology Co. Limited. The partnership aims to leverage the complementary strengths and resources of both parties to develop globally competitive intelligent and electric solutions. The collaboration will focus on integrating core capabilities in areas such as smart driving, intelligent chassis, battery technology, and global supply chain resources. This initiative is designed to establish a long-term, stable strategic partnership and achieve technological and commercial breakthroughs in both domestic and international markets.

The agreement centers on the deep integration of "smart brains" and "smart carriers," with a primary focus on technological research and development, ecosystem development, and market expansion in the fields of new energy smart vehicles and autonomous driving. Key areas of cooperation include the joint development and application of intelligent chassis. MINIEYE will contribute its expertise in autonomous driving algorithms, sensor fusion, and system integration, combining it with Era Intelligent's advanced intelligent chassis technology to achieve synergistic innovation and enhance product adaptability and competitiveness.

Another key area is the co-development of a battery swap and mobile charging technology ecosystem. Building on Era Intelligent's extensive experience in battery systems and swap technology, the two companies will collaborate to create standardized, intelligent battery swap solutions tailored to MINIEYE's operational needs. They will also explore innovative business models for mobile charging services.

The partnership will also involve collaborative innovation in specific application scenarios. MINIEYE will provide its autonomous driving systems and operational scenario requirements to assist Era Intelligent in continuously optimizing its chassis technology, thereby improving the intelligence level and market responsiveness of their joint products.

Furthermore, the two companies will combine their global customer and partner networks to formulate strategies for international market expansion, aiming to enhance their brand influence worldwide. MINIEYE, a leader in smart driving and intelligent logistics, brings strong autonomous driving technology and extensive practical experience. Era Intelligent, a subsidiary of CATL focused on intelligent chassis R&D and technical services, has established a diversified ecosystem for intelligent and safe mobility.

The Board of Directors believes that as smart driving applications rapidly penetrate passenger vehicles, commercial vehicles, and various specific scenarios, superior product strength, extensive mass-production experience, and a robust ecosystem have become critical success factors. This collaboration will allow both parties to fully utilize their respective advantages in smart driving, intelligent chassis, battery technology, and global industrial resources, leading to a deep integration of resources and technology. The outcome is expected to be safer, more efficient, and more mature smart driving solutions and autonomous vehicle products for the market.

This partnership is expected to help MINIEYE further refine its technological layout, diversify its product and service offerings, and expand its market presence at home and abroad. It aligns with the company's long-term strategic development plan to jointly explore and develop the new global ecosystem for new energy smart vehicles and autonomous driving.

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