Movement Alert|Minieye Rises 10.33% in Regular Trading, Thousand-Unit Unmanned Logistics Vehicle Order Continues to Catalyze

Market Focus06-17

On June 17, Minieye (02431.HK) rose 10.33% in regular trading, trading at HKD 10.41/share, with turnover of HKD 67.18 million. The rally was driven by the company's announcement on June 16 of a long-term procurement agreement with an independent third-party enterprise in Wuxi for 1,000 unmanned logistics vehicles and supporting software systems.

The agreement covers models including T5, T8, and other products launched during the cooperation period, with applications spanning urban distribution, county-level supply chains, and last-mile logistics across fresh food, pharmaceuticals, supermarkets, and building materials sectors. The partner will coordinate road-access permits and license approvals in relevant regions.

This latest deal adds to a series of recent catalysts: a RMB 130 million-plus unmanned bus order signed on June 9, a strategic equity partnership with ZTO Express, and a physical AI cooperation agreement with Ledong Robot on June 11. Multiple positive developments have prompted the market to reprice the company's L4 autonomous vehicle commercialization trajectory, with trading volume significantly elevated.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment