On June 26, Minieye Technology rose 8.7% in regular trading, trading at HK$11.16/share, with turnover of HK$89.95 million.
On the news front, the company announced that its senior management team — including executives Wen Qi, Zheng Wei, Cheng Zhui, Yang Yihong, Lin Zhao, and Luo Xiwen — collectively purchased 733,200 H shares using personal funds on the open market. Management stated that the current H share price has not fully reflected the group's long-term investment value, and the purchase was based on strong confidence in the company's L4 unmanned vehicle business milestones and its full-stack self-developed platform technology.
Additionally, the company previewed a next-generation unmanned logistics solution centered on an integrated unmanned vehicle plus robot approach, aiming to extend its Physical AI technology boundary and address last-mile delivery gaps. This announcement follows a series of recent catalysts including a 500-unit unmanned logistics vehicle order signed with a Henan-based enterprise on June 24, a 1,000-unit procurement agreement with a Wuxi firm on June 16, and a strategic acquisition of ZTO Express subsidiary earlier in the month.
(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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