UISEE TECH's stock price soared 5.22% during intraday trading on Wednesday, following the announcement of a significant new contract win.
The surge comes after the company disclosed it secured a new order from Xinjiang Airport Group for 10 autonomous buses and 6 unmanned delivery vehicles. This award expands UISEE TECH's footprint in airport autonomous driving and marks a transition from cargo automation to passenger shuttle services at Urumqi Tianshan International Airport.
The company's existing fleet of over 60 autonomous vehicles at the airport has already surpassed 1 million kilometers in operational mileage, demonstrating the reliability of its technology. This new contract represents a key step in the large-scale implementation of its intelligent ground transportation solutions and business expansion in civil aviation scenarios.
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