Group 1 - The core focus of the signing ceremony was on the procurement of 500 electric unmanned mining trucks, aiming to create a fully automated and intelligent mining process, promoting digitalization and zero-carbon transformation in the mining industry [2][3] - Xidi Zhijia, as the core provider of unmanned driving systems, will support Guangna Group with technology for full mine automation, marking a significant step towards large-scale application of unmanned mining technology [3][4] - The procurement of 500 electric unmanned mining trucks signifies Guangna Group's recognition of Xidi Zhijia's technology and solutions, indicating a new phase in the large-scale application of unmanned mining technology [3][4] Group 2 - Guangna Group has initiated pilot applications for electric unmanned mining trucks, and this bulk purchase marks the acceleration of their large-scale application [4] - Xidi Zhijia will continue to provide core technologies for full mine automation, aiding Guangna Group in promoting a new mining model and improving the ecological environment in the Ulanqab region [4]

Group 1 - The core viewpoint of the article highlights that Xidi Zhijia (03881.HK) experienced a significant increase in stock price, rising over 6% in the afternoon trading session [1] - As of the report, the stock price reached 236 HKD, reflecting a gain of 6.12% [1] - The trading volume for the stock was recorded at 2.8873 million HKD [1]

Core Viewpoint - The stock of Xidi Intelligent Driving (03881) rose over 6% following the announcement of a significant procurement agreement for 500 electric unmanned mining trucks with Guona Group, marking a milestone in the company's transition to large-scale application of its autonomous driving technology [1] Group 1: Company Developments - Xidi Intelligent Driving's stock increased by 6.12%, reaching 236 HKD with a trading volume of 2.8873 million HKD [1] - The procurement signing ceremony took place on February 9, where Xidi Intelligent Driving participated as a core provider of autonomous driving system solutions [1] - The partnership includes collaboration with Tongli Heavy Industry, CATL, and Jiangsu Hengwang to promote the automation, greening, and intelligence of mining operations [1] Group 2: Industry Impact - The focus of the procurement is on electric unmanned mining scenarios, aiming to create a new process for fully automated mining operations [1] - The initiative is part of a broader effort to drive digitalization and zero-carbon transformation in the mining industry [1] - Xidi Intelligent Driving aims to achieve normalized unmanned production operations in Guona Group's Hohhot mining area by December 2025 [1]

Core Viewpoint - Xidi Intelligent Driving (03881) has seen a stock price increase of over 6%, currently at 236 HKD, following a significant procurement agreement with Guangna Group for 500 electric unmanned mining trucks [1] Group 1: Company Developments - Xidi Intelligent Driving participated in a procurement signing ceremony for 500 electric unmanned mining trucks, marking a collaboration with Tongli Heavy Industry, CATL, and Jiangsu Hengwang [1] - The procurement focuses on unmanned driving solutions for mining, aiming to enhance the industry's digitalization and carbon neutrality [1] - The company plans to achieve regular unmanned production operations in the Hohhot mining area by December 2025 [1] Group 2: Industry Impact - The agreement signifies a shift towards automation and green technology in the mining sector, indicating a broader trend of digital transformation and zero-carbon initiatives [1] - The procurement reflects Guangna Group's recognition of Xidi Intelligent Driving's technology and solutions, indicating a move towards large-scale application of unmanned mining technologies [1]

Group 1 - The signing ceremony on February 9 marked the procurement of 500 pure electric unmanned mining trucks by Guangna Group, with Xidi Zhijia as the core provider of unmanned driving system solutions [1][3] - The primary goal of this collaboration is to create a new process for fully unmanned mining operations, promoting digitalization and zero-carbon transformation in the mining industry [3][5] - Xidi Zhijia will provide essential technological support for the full automation and intelligence of mining operations, which is crucial for achieving fully unmanned mining processes [3][5] Group 2 - By December 2025, Xidi Zhijia's unmanned mining trucks are expected to achieve regular unmanned production operations in Guangna Group's Hohhot mining area [3] - The procurement of 500 unmanned electric mining trucks signifies Guangna Group's strong endorsement of Xidi Zhijia's unmanned driving technology and solutions, marking a new phase of large-scale application [3][5] - Xidi Zhijia aims to continuously deliver core technologies for full mining automation, assisting Guangna Group in promoting a new model of mining operations and significantly improving the ecological environment in the Ulanqab region [5]

Summary of the Conference Call for Xidi Intelligent Driving Company and Industry Overview - **Company**: Xidi Intelligent Driving - **Industry**: Autonomous driving, specifically focusing on unmanned mining trucks - **Market Size**: The potential market for mining operations is estimated at over 550 billion yuan, with a significant portion attributed to the sale of autonomous vehicles and systems [3][11][24] Key Points and Arguments Industry Dynamics - The unmanned mining truck industry is transitioning from pilot projects to large-scale penetration, marking a critical growth point [1] - Autonomous driving is expected to replace jobs that humans are reluctant to perform, particularly in hazardous and remote environments [3][4] - Government policies are increasingly favoring automation in mining, with regulations mandating a shift towards unmanned operations due to safety concerns [4][5] Company Strategy - Xidi Intelligent Driving focuses on providing a complete solution, including both hardware and software, rather than operating the vehicles themselves [33][34] - The company aims to maintain a competitive edge by ensuring its technology remains superior and comprehensive, covering various aspects of autonomous driving [42] - The company has established partnerships with major mining operators, allowing for deep integration of its technology into existing operations [12][13] Financial Performance - Revenue growth has been rapid, increasing from approximately 30 million yuan in 2022 to 410 million yuan in 2024, with projections for continued doubling in the coming years [24][25] - The gross margin is reported to be between 20% and 25%, with a high gross profit of nearly 100 million yuan achieved in 2024 [25][26] Market Opportunities - The market for autonomous mining trucks is expected to grow significantly, with estimates suggesting that the sales of wide-body trucks alone could reach 700-800 billion yuan [29][30] - The company is also exploring opportunities in other heavy vehicle segments, including ports and chemical plants, where demand for unmanned operations is increasing [19][12] Competitive Landscape - Competition in the autonomous mining sector is anticipated to intensify as more companies recognize the lucrative potential of this market [42] - Xidi Intelligent Driving differentiates itself through its comprehensive technology stack, which includes advanced AI and multi-agent coordination systems [42] Additional Important Insights - The company has successfully deployed over 1,000 autonomous vehicles in China and is expanding its reach internationally [17] - The operational complexity of mining environments presents significant challenges, necessitating advanced technology for effective deployment [20][21] - The company emphasizes the importance of understanding the specific needs of different mining operations to tailor its solutions effectively [14][15] This summary encapsulates the key discussions and insights from the conference call, highlighting the strategic direction, market potential, and competitive positioning of Xidi Intelligent Driving within the autonomous mining industry.

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 希迪智駕科技股份有限公司 備註： 第 1 頁 共 11 頁 v 1.2.0 FF301 FF301 呈交日期: 2026年2月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03881 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 42,443,892 | RMB | | 1 RMB | | 42,443,892 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 42,443,892 | RMB | | 1 RMB | | 42,443,892 | ...

Summary of the Conference Call for Xidi Zhijia Company Overview - **Company**: Xidi Zhijia - **Focus**: L4 autonomous driving, intelligent connected products, and high-performance perception products in mining and logistics sectors - **Commercialization**: Achieved in unmanned mining and logistics, with flagship product "Yuanyuan Mining" connecting virtual and physical worlds, enabling remote scheduling and deployment of hundreds of vehicles in large mines [2][6] Industry Insights - **Market Potential**: The potential market size for China's unmanned mining sector is projected to reach 550 billion yuan in 2023, with the vehicle sales market around 200 billion yuan [2][9] - **Government Policy**: National policies are pushing for automation in mining, aiming for unmanned operations by 2030, with some regions targeting 80% unmanned vehicles by 2027 [3] Financial Performance - **Revenue Growth**: Revenue started at over 30 million yuan in 2022, expected to reach 410 million yuan in 2024, and projected to double in 2025 [12] - **Customer Base**: Increased from over 40 customers in 2022 to over 100 currently, with strong order backlog indicating continued growth [12] - **Gross Margin**: Maintains a gross margin of 20%-25%, which is high for autonomous driving companies [4][13] Technological Advantages - **Technical Barriers**: Key advantages include multi-agent cluster control and heavy vehicle motion control, which are difficult for competitors to replicate [17] - **Product Lines**: Three main product lines include L4 autonomous driving for mining and logistics, B to X intelligent connected products, and high-performance perception for rail transport [5] Commercialization Strategy - **Sales Model**: Focuses solely on product sales rather than vehicle operation, ensuring no conflict of interest with customers [28] - **International Expansion**: Actively pursuing overseas markets, with contracts signed in Australia and orders in Mongolia, aiming to expand into Russia and the Middle East [20][22] Market Dynamics - **Competition**: The mining autonomous driving market is competitive, but Xidi Zhijia has differentiated itself through its comprehensive technology stack and focus on product reliability [35] - **Operational Efficiency**: Autonomous vehicles can operate 21-22 hours a day, significantly improving efficiency compared to human drivers [27] Future Outlook - **Sales Projections**: Expected to maintain close to double growth in 2026 and 2027, with a focus on product sales [15] - **Pricing Strategy**: Currently employs a one-time payment model, with potential future adjustments to SaaS or per-transportation pricing based on customer type [39] Additional Insights - **Impact on Employment**: Automation in mining is expected to alleviate labor shortages and improve safety without significantly impacting employment levels [26] - **R&D Expenses**: Total expenses for 2024 are projected at around 450 million yuan, with a significant portion attributed to stock-based compensation [29] This summary encapsulates the key points from the conference call, highlighting the company's strategic focus, market potential, financial performance, technological advantages, and future outlook.

登記股東之名稱及地址 CiDi Inc. 希迪智駕科技股份有限公司 （於中華人民共和國註冊成立之股份有限公司） （股份代號：3881） 2026 年 1 月 27 日 尊敬的股東 發佈公司通訊之安排 3. 向本公司提供股東電子郵箱地址 簡介 根據香港聯合交易所有限公司（「聯交所」）證券上市規則（「上市規則」）第 2.07A 條 1 以及希迪智駕科技股 份有限公司（「本公司」）的公司章程，本公司將以電子通訊方式向其股東 3 發佈本公司日後的公司通訊（「公 司通訊」2），並僅應股東要求向其寄發印刷本形式的公司通訊。 安排 1. 可供採取行動的公司通訊 4 本公司將以電子通訊方式（通過電子郵件）向股東個別地發送可供採取行動的公司通訊。如果本公司沒有獲 取股東的電子郵箱地址或其提供的電子郵箱地址無效 5，本公司將以印刷本形式向其發送可供採取行動的公 司通訊，連同一份索取股東有效電子郵箱地址的表格，以便將來以電子通訊方式發送可供採取行動的公司通 訊。 2. 公司通訊 本公司將在本公司網站（www.cidi.ai）及聯交所網站（www.hkexnews.hk）上發佈公司通訊。 本公司不會向股東發出公司通訊網站版本 6 的 ...

CiDi Inc. 希迪智駕科技股份有限公司 (A joint stock company incorporated in the People's Republic of China with limited liability) (於中華人民共和國註冊成立的股份有限公司) （Stock Code 股份代號：3881） 27 January 2026 Dear Non-Registered Shareholder, Arrangement of Electronic Dissemination of Corporate Communications Pursuant to Rule 2.07A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"), CiDi Inc. (the "Company") has adopted the arrangement to disseminate corporate communications ( ...