Core Viewpoint - Boleton (01333) has seen a significant stock price increase following the announcement of a strategic cooperation framework agreement with Fujian Rixin Machinery Leasing Co., Ltd. for the procurement of electric mining trucks and autonomous driving services [1] Company Summary - Boleton's stock rose over 12% in early trading, currently up 9.2% at HKD 38, with a trading volume of HKD 36.14 million [1] - The agreement involves Fujian Rixin planning to purchase no less than 150 electric mining trucks along with supporting autonomous driving services for various mining operations [1] - This partnership signifies a new advancement for Boleton in the commercialization of autonomous driving applications in mining [1] Industry Summary - According to a report by Shenwan Hongyuan, when terminal metal prices rise, mining companies' profits increase, leading to a stronger willingness to procure equipment [1] - Equipment demand tends to increase with the rise in prices, initially through extending mining hours and increasing mining faces to boost output, followed by a rise in demand for vehicles, consumables, and maintenance services [1] - As prices continue to rise, the pace of investment in new mining projects accelerates, resulting in increased procurement of new equipment [1]
博雷顿早盘涨超12% 公司签署150台电动矿卡无人驾驶战略合作协议