Core Insights - Youjia Innovation (佑驾创新) has officially partnered with Hunan Xiangjiang Intelligent Technology Innovation Center's subsidiary, Zhixin Yuntu Technology, to enhance the application of unmanned logistics vehicle technology and scale commercial scenarios [1][2] - The agreement includes the delivery of 100 unmanned logistics vehicles and supporting software systems by the end of 2026, covering various models to meet diverse logistics needs [1][2] - This collaboration is built on a foundation of trust and previous cooperation, including successful projects in V2X technology and autonomous minibus operations [1] Company Developments - The partnership will leverage local resources and policy support in Hunan to ensure the large-scale operation and scene adaptation of the Xiaozhu unmanned vehicles [1][2] - The order of 100 vehicles marks a significant step in Youjia Innovation's L4 autonomous driving business and validates its strategy of using core cities as leverage points for local resource integration [2] - Hunan Xiangjiang New Area is focused on building a "vehicle-road-cloud integration" pilot zone, aligning with the strategic goals of the partnership [2] Future Outlook - The collaboration aims to accelerate the value chain from technology research and development to product innovation and scene implementation [2] - Youjia Innovation plans to continue deepening its core technologies in unmanned driving and expand the coverage and penetration of unmanned logistics scenarios [2] - The company seeks to partner with more stakeholders to create a new blueprint for intelligent, efficient, and green urban transportation [2]

Core Insights - Youjia Innovation (佑驾创新) has officially partnered with Hunan Xiangjiang Intelligent Technology Innovation Center's subsidiary, Zhixin Yuntu Technology, to enhance the application of unmanned logistics vehicle technology and scale commercial scenarios [1][2] - By the end of 2026, Youjia Innovation plans to deliver 100 unmanned logistics vehicles and supporting software systems to Zhixin Yuntu, covering various logistics scenarios with products like the Xiaozhu unmanned vehicles T5 and T8 [1][2] - The collaboration is built on a foundation of trust and previous cooperation, including successful projects in V2X technology and unmanned bus operations [1] Company Developments - The Xiaozhu unmanned vehicle has already established strategic partnerships with industry leaders such as China Post and Eastern Bus, marking a significant step in the commercialization of Level 4 autonomous driving [2] - The recent order of 100 vehicles validates Youjia Innovation's "base camp" strategy, leveraging core cities to connect local resources for deeper scenario development [2] - Hunan Xiangjiang New Area is focused on building a "vehicle-road-cloud integration" pilot zone, aligning with the regional development strategy through this partnership [2] Future Outlook - The collaboration aims to accelerate the value chain of "technology supply + scenario empowerment," enhancing the integration of technology research, product innovation, and scenario implementation [2] - Youjia Innovation will continue to deepen its core technologies in unmanned driving, expanding the coverage and penetration of unmanned logistics scenarios [2] - The company seeks to collaborate with more partners to create a new blueprint for intelligent, efficient, and green urban transportation [2]

Core Viewpoint - Youjia Innovation (02431) has entered into a construction contract with Henan Gejiu Construction for a project aimed at producing 600,000 units of intelligent driving assistance products annually, enhancing the company's production capacity and efficiency [1] Group 1: Project Details - The project will be located in Wuzhen, Tongxiang City, covering a total area of approximately 27,687.33 square meters and a total building area of about 57,784.03 square meters [1] - The construction scope includes earthworks, pile foundation works, civil engineering, door and window works, electromechanical engineering, fire protection engineering, interior and exterior decoration, municipal pipeline engineering, road engineering, landscaping, and wall and gate engineering [1] Group 2: Strategic Implications - The signing of the construction contract is expected to support the company's future operational strategy, enhancing production efficiency and capacity to meet high-end equipment manufacturing needs [1] - The project aims to optimize production line layout, improve production automation levels, and enhance overall profitability, contributing to the company's capacity expansion and upgrade [1]

Core Viewpoint - Youjia Innovation (02431) has signed a construction contract with Henan Gejiu Construction for a project aimed at producing 600,000 units of intelligent driving assistance products annually, enhancing production efficiency and capacity [1] Group 1: Project Details - The project will be located in Wuzhen, Tongxiang City, covering a total area of approximately 27,687.33 square meters and a total construction area of about 57,784.03 square meters [1] - The scope of construction includes earthworks, pile foundation works, civil engineering, door and window works, electromechanical engineering, fire protection engineering, interior and exterior decoration, municipal pipeline engineering, road engineering, landscaping, and wall and gate engineering [1] Group 2: Strategic Implications - The signing of the construction contract is expected to support the company's future operational strategy, enhancing production efficiency and capacity to meet high-end equipment manufacturing needs [1] - The project aims to optimize production line layout, improve production automation levels, and enhance overall profitability, contributing to the company's capacity expansion and upgrade [1]

Core Viewpoint - Youjia Innovation (02431.HK) has signed a construction contract with Henan Gejiu Construction for a project aimed at producing 600,000 units of intelligent driving assistance products annually, enhancing the company's production capacity and efficiency [1] Group 1: Project Details - The project will be located in Wuzhen Town, Tongxiang City, covering a total area of approximately 27,687.33 square meters and a total construction area of about 57,784.03 square meters [1] - Henan Gejiu Construction will be responsible for various construction works, including earthworks, foundation works, civil engineering, electromechanical engineering, fire protection engineering, interior and exterior decoration, municipal pipeline engineering, road engineering, landscaping, and wall and gate engineering [1] Group 2: Strategic Implications - The signing of the construction contract is expected to support the company's future operational strategy, enhancing production efficiency and capacity to meet high-end equipment manufacturing needs [1] - The project aims to optimize production line layout, improve production automation levels, and enhance overall profitability, contributing to the company's capacity expansion and upgrade [1]

香 港 交 易 及 結 算 所 有 限 公 司、香 港 聯 合 交 易 所 有 限 公 司 及 香 港 中 央 結 算 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確表示概不就因本公告全部或任何部分內容而產生或因倚賴該等內容而引致 的 任 何 損 失 承 擔 任 何 責 任。 Minieye Technology Co., Ltd 深圳佑駕創新科技股份有限公司 （股份代號： 2431） （於中華人民共和國註冊成立的股份有限公司） 須予披露交易 建設工程施工合同 緒 言 董 事 會 謹 此 宣 佈，於2025年10月31日（交 易 時 段 後），本 公 司 全 資 附 屬 公 司 桐 鄉 烏 鎮 佑 駕 與 河 南 格 玖 建 築 就 該 項 目 訂 立 建 設 工 程 施 工 合 同，據 此，河 南 格 玖 建 築 同 意 承 接 該 項 目 的 建 設 工 程。 上市規則的涵義 緒 言 董 事 會 謹 此 宣 佈，於2025年10月31日（交 易 時 段 後），本 公 司 全 資 附 屬 公 司 桐 鄉 烏 鎮 佑 ...

Group 1 - The Shenzhen Huaqiangbei area has launched a trial operation project for "AI + unmanned logistics vehicles," marking a significant step for Youjia Innovation in the smart logistics sector [1] - The project is supported by the Futian District Artificial Intelligence Industry Office and involves collaboration with Shenzhen Bus Group, which handles technical and vehicle scheduling [1][2] - The unmanned logistics vehicles will operate in key logistics parks, providing intelligent delivery services with three fixed daily schedules to address the high logistics demand in the area [1] Group 2 - The Xiaozhu unmanned vehicle is equipped with a fully self-developed software algorithm, featuring three LiDAR sensors and eleven cameras, achieving L4 level autonomous driving [2] - The vehicle can carry 400-700 standard packages, supporting multi-task delivery and reverse collection, catering to high-frequency logistics needs [2] - Youjia Innovation has received a "buy" rating from Western Securities, highlighting the company's unexpected performance in L4 new business [2][3] Group 3 - Youjia Innovation has made significant progress in the L4 unmanned minibus sector, with its first commercial operation set to launch in Suzhou in Q1 2025, generating over ten million yuan in revenue in the first half of the year [3] - The deployment of Xiaozhu unmanned vehicles in Huaqiangbei serves as a practical demonstration of integrating artificial intelligence into urban daily life [3] - The company aims to extend its unmanned driving capabilities from single logistics scenarios to comprehensive smart city services through continuous technological innovation [3]

Group 1 - The Shenzhen Huaqiangbei area has launched a trial operation project for "AI + unmanned logistics vehicles," marking a significant step for Youjia Innovation in the smart logistics sector [1] - The project is guided by the Futian District Artificial Intelligence Industry Office and involves collaboration with Shenzhen Bus Group, which handles technical and vehicle scheduling [1][3] - The unmanned logistics vehicles will operate in key logistics parks, providing intelligent pickup and delivery services with a fixed schedule of three daily trips [1] Group 2 - The Xiaozhu unmanned vehicle is equipped with self-developed software algorithms, featuring three LiDAR sensors and eleven cameras, achieving L4-level autonomous driving [3] - The vehicle can carry 400-700 standard packages, supporting high-frequency logistics demands and multi-tasking delivery [3][4] - Youjia Innovation has received a "buy" rating from Western Securities, highlighting the company's unexpected performance in L4 new business [3][4] Group 3 - Youjia Innovation is recognized as a pioneer in the gradual development of intelligent driving in China, achieving breakthroughs in key areas such as ADAS, DMS, and OMS [4] - The company is expanding its smart cockpit business and has successfully assisted vehicle manufacturers in obtaining EU GSR certification [4] - The L4-level unmanned minibus business is expected to become a significant growth driver for the company, with commercial operations set to launch in Suzhou in Q1 2025 [4]

Group 1 - The stock of Youjia Innovation (02431.HK) increased by over 8% on October 20, reaching a price of 24.58 HKD [1] - The trading volume for Youjia Innovation was 44.66 million HKD at the time of reporting [1]

Core Viewpoint - Youjia Innovation (02431) has seen a significant stock increase of over 8% following the announcement of winning a bid for a key project in the autonomous driving sector, indicating strong market confidence in the company's growth potential in smart city and intelligent transportation fields [1] Group 1: Project Announcement - On October 19, Youjia Innovation announced that it has officially received a bid notification confirming its status as the winning bidder for the Tongxiang City Vehicle-Road Cloud Integration Urban Traffic Perception Project, specifically for the 2025 autonomous bus procurement project, with a bid amount of RMB 11.85 million [1] - This project marks a critical breakthrough for the company in the commercialization process of L4-level autonomous driving, further solidifying its leading position in the smart city and intelligent transportation sectors [1] Group 2: Financial Performance - According to the 2025 mid-year performance report, Youjia Innovation's L4 business revenue has surpassed RMB 10 million, with over ten projects secured, indicating a shift towards scalable and commercial development [1] - The Tongxiang project is expected to drive the company's L4 business revenue to new heights, showcasing the potential for continued financial growth [1] Group 3: Future Outlook - The company plans to continue increasing its investment in core technology research and development for L4-level autonomous driving, aiming to leverage technological iterations and scenario expansions to unlock new growth opportunities [1]