Movement Alert｜MINIEYE Rises 9.2% in Regular Trading, Physical AI Partnership and Major Order Continue to Drive Momentum

Market Focus10:02

On June 12, MINIEYE (02431.HK) rose 9.2% in regular trading, trading at HKD 10.47, with turnover of HKD 41.83 million, rebounding sharply from the prior session's decline.

On the news front, multiple catalysts continue to ferment. The company announced a strategic cooperation agreement with Shenzhen Ledong Robot on June 11, targeting the Physical AI sector to drive synergies between autonomous driving and mobile robotics toward full-scenario embodied intelligence. This adds to a series of recent positive developments, including the signing of an autonomous driving vehicle procurement contract worth over RMB 130 million involving over one hundred unmanned buses for transit, tourism, and micro-circulation scenarios, as well as the acquisition of 50% equity in ZTO Express subsidiary Xi'an Tongtu Technology for RMB 25 million, making ZTO a strategic shareholder. These partnerships collectively build a technology-plus-scenario-plus-operations integrated ecosystem aimed at accelerating L4 autonomous vehicle commercialization at scale.

(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.)

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