On June 10, Minieye rose 10.22% in regular trading, trading at HKD 11.73/share, with trading volume of HKD 119 million. The surge was driven by multiple catalysts including a major autonomous driving vehicle procurement contract and continued positive sentiment from a strategic partnership with ZTO Express.

On June 9, the company announced it had signed an autonomous driving vehicle procurement contract with an independent third party in the smart transportation sector. The contract involves the supply of over one hundred unmanned buses along with supporting autonomous driving kits and technical services, with a total contract value exceeding RMB 130 million (tax inclusive). The products will be deployed in cultural tourism, micro-circulation, and public transit scenarios.

Additionally, the company's earlier announced acquisition of a 50% stake in Xi'an Tongtou Technology, a wholly-owned subsidiary of ZTO Express, for RMB 25 million continues to provide momentum. Of the consideration, RMB 20 million will be settled via share issuance, making ZTO Express a strategic shareholder. The two parties aim to build an integrated ecosystem combining technology, scenarios, and operations around L4 autonomous vehicles, accelerating commercial deployment in the Robovan segment.

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