Stock Track | UISEE TECH Soars 5.06% Intraday on New Autonomous Vehicle Order Win

Stock Track

06/01

UISEE TECH's stock surged 5.06% during intraday trading on Monday, marking a significant upward movement for the autonomous driving solutions provider.

The price increase appears to be driven by the company's recent announcement of securing a new order from Xinjiang Airport Group for 10 unmanned buses and 6 unmanned delivery vehicles. This order builds upon prior strategic cooperation established in March, demonstrating continued business momentum in the autonomous vehicle sector.

UISEE Technology specializes in L4 autonomous driving solutions for closed scenarios like airports and industrial parks. The company has established a dominant market position with a 90.5% share in L4 autonomous commercial vehicle operations at airports across Greater China, supported by operational milestones including over 60 unmanned vehicles accumulating more than 1 million kilometers of service.

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