Minieye Technology (HKG:2431) signed a long-term cooperation and procurement agreement for 200 driverless logistics vehicles with Jiangsu Province Danyang High-tech Zone Industrial Development, according to a Tuesday Hong Kong bourse filing.
Shares of the intelligent driving software developer were down over 1% in Wednesday morning trade.
The agreement covers the deployment of the company's second-generation map-free driverless logistics vehicles for urban distribution and last-mile delivery, including fresh produce, food, pharmaceutical, and supermarket logistics, the filing said.
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