MINIEYE (02431) surged over 7% in afternoon trading. As of press time, the stock was up 5.58% to HK$28.74, with trading volume reaching HK$95.68 million.

On the news front, MINIEYE recently officially launched its unmanned logistics brand "Xiaozhu Unmanned Vehicle" and unveiled two unmanned logistics vehicle products, the T5 and T8, formally entering the unmanned logistics sector. At the launch event, MINIEYE also announced the rollout of its first batch of unmanned vehicles, with official deliveries to partners, achieving "launch and delivery simultaneously." Shenzhen, Chengdu, Xi'an, and Jiangyin are among the key cities for the first deployment of Xiaozhu unmanned vehicles. The company expects delivery volumes to potentially ramp up to "thousands or even 10,000 units" next year.

Guoyuan International released a research report stating that MINIEYE's L4 unmanned vehicle business has achieved significant breakthroughs. From unmanned buses to unmanned logistics vehicles, the company is gradually replicating autonomous driving technology from passenger scenarios to cargo scenarios, including business forms such as unmanned logistics, trunk transportation, and specialized vehicles for specific scenarios like airports and mining.

Additionally, the Ministry of Industry and Information Technology released a draft mandatory national standard for "Safety Requirements for Intelligent Connected Vehicle Combined Driving Assistance Systems," with policies strictly regulating driver assistance systems. As an intelligent driving solution provider, MINIEYE is expected to receive more orders. The firm maintains MINIEYE's target price at HK$31.4 with a "buy" rating.