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Minieye Technology Co., Ltd. Class H ( (HK:2431) ) has shared an update.
Minieye Technology Co., Ltd has announced a significant design win for a new intelligent cabin project with a joint venture and luxury brand under a globally renowned automobile enterprise. This project involves the development and supply of advanced intelligent cabin products, including driver and occupant monitoring systems, with an estimated lifecycle order value of approximately RMB320 million. This achievement marks a major breakthrough for Minieye in the intelligent passenger car sector, enhancing its market coverage and accelerating technological advancements. However, uncertainties remain regarding the final procurement amounts and potential impacts from the broader automotive market and macroeconomic conditions.
More about Minieye Technology Co., Ltd. Class H
Minieye Technology Co., Ltd is a company focused on shaping an automotive intelligence ecosystem through technological innovations. The company specializes in intelligent driving, intelligent cabin, smart mobility, and smart logistics, leveraging its full-stack in-house platform technology and integrated hardware-software R&D capabilities.
Average Trading Volume: 1,712,329
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$9.92B
See more data about 2431 stock on TipRanks’ Stock Analysis page.