MINIEYE (02431) saw its shares rise by over 11% at their peak during the session. As of the latest update, the stock was up 6.93%, trading at HK$8.64 with a turnover of HK$85.569 million. The catalyst for the move was the company's recent announcement of a formal agreement with the Industrial Development Company of Danyang High-tech Zone in Jiangsu Province. The deal involves the procurement and long-term cooperation for 200 autonomous logistics vehicles. Under this agreement, MINIEYE will commence batch deliveries of its Xiaozhu T5 Pro model, which operates without relying on high-definition maps. This order represents the first bulk procurement secured for a truly map-free autonomous vehicle since its market introduction, marking a significant milestone in the commercialization and regional expansion of the company's autonomous logistics business. Currently, the Xiaozhu autonomous logistics vehicles are operational in 18 cities, including Guangzhou, Changsha, and Chongqing, serving diverse sectors such as express delivery, cold chain logistics, and automotive parts distribution, with a cumulative deployment scale exceeding 7,000 units. Analysts have previously noted the company's evident synergies between cabin and driving domains, leading to continuous design wins from domestic and international clients. Furthermore, with the mass production and delivery of its L4-level products, MINIEYE is positioned to potentially contribute new increments to its future performance.