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The latest update is out from Minieye Technology Co., Ltd. Class H ( (HK:2431) ).
Minieye Technology Co., Ltd has been awarded the Tongxiang Driverless Vehicle Project, marking a significant advancement in their L4 autonomous driving commercialization efforts. This project, valued at RMB11.85 million, enhances their position in the smart city and intelligent transportation sectors by utilizing a vehicle-road-cloud integration system to improve efficiency and reduce costs. The project is expected to drive the company’s revenue growth and establish a replicable model for intelligent transportation at the county level, transforming Tongxiang into an industrial hub.
More about Minieye Technology Co., Ltd. Class H
Minieye Technology Co., Ltd is a company based in the People’s Republic of China that specializes in intelligent driving solutions, focusing on L1-L4 autonomous driving technology. The company is involved in smart mobility, smart logistics, and smart urban services, leveraging its robust R&D capabilities and experience in large-scale mass production.
Average Trading Volume: 1,706,803
Technical Sentiment Signal: Strong Sell
For detailed information about 2431 stock, go to TipRanks’ Stock Analysis page.