MINIEYE, a leading provider of smart mobility solutions, recently announced that it has secured multiple designated supply contracts to provide Driver Monitoring Systems (DMS) and Occupant Monitoring Systems (OMS) solutions for joint venture and luxury automotive brands under a globally renowned automaker. Industry insiders revealed that the two automakers in question are Volkswagen and Audi.
MINIEYE shares surged 24% on the news.
Additionally, MINIEYE has been included in the Hong Kong Stock Connect program. The board of directors believes this inclusion will enhance the company's public visibility, improve trading liquidity of its H-shares on the Hong Kong Stock Exchange, thereby creating more business development and collaboration opportunities while further expanding its shareholder base.