Shares of CIDI (03881) climbed more than 5% during the afternoon session on Monday. At the time of writing, the stock was up 3.81% at HK$22.34, with turnover reaching HK$12.597 million.

In recent news, CIDI, in partnership with Yutong Heavy Industries, has completed the batch delivery of 70-tonne fully electric autonomous mining trucks to Jiangsu Chuanshan Mining. This successful handover marks a significant milestone in the deep collaboration between CIDI and Chuanshan Mining. The project encompasses intelligent driving systems, new-energy mining trucks, and associated infrastructure, making it one of the largest single-investment intelligent transformation initiatives undertaken by Chuanshan Mining in recent years.

According to China Securities, CIDI is the first commercial vehicle autonomous driving company to list on the Hong Kong stock exchange. Built on a physical AI technology foundation, the company operates across three core business lines: autonomous driving, operational robotics, and intelligent hardware and services. In the first half of 2026, autonomous driving revenue is experiencing rapid growth, with an increasing share of component kits driving improvements in gross margins and narrowing losses. Domestic orders in hand are approaching RMB 2 billion, underpinning core business growth, while operational robotics and overseas markets are expected to contribute additional upside over the medium to long term.