Core Insights - Xiaoma Zhixing has launched its seventh-generation Robotaxi, marking a significant step towards the commercialization of autonomous driving technology and aiming for a fleet of 1,000 vehicles by the end of 2025 [1][2] Company Developments - The seventh-generation Robotaxi has been developed using 100% automotive-grade components and features the world's first L4 Robotaxi-grade domain controller, which has tripled computing efficiency compared to the previous generation while reducing size, weight, power consumption, and cost by 50% to 80% [1] - The total cost of the seventh-generation autonomous driving suite has decreased by 70% compared to the previous generation, facilitating the path to large-scale production and operational viability [2] Industry Trends - Leading companies in the autonomous driving sector, including Xiaoma Zhixing and Youjia Innovation, are accelerating their commercialization efforts for L4-level autonomous driving, driven by advancements in technology and the scaling of the supply chain [3] - New Stone Technology has raised over $600 million in its D-round financing, marking the largest private equity financing in China's autonomous driving sector to date, and has delivered over 10,000 L4 autonomous vehicles, becoming the first company globally to achieve this milestone [3][4] - The industry is transitioning from the initial phase of development to a rapid growth phase, with expectations of achieving profitability and scaling operations significantly in the near future [4][5]

香港交易及結算所有限公司及香港聯合交易所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 對 因 本 公 告 全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責 任。 自願性公告 有關中標桐鄉無人車項目 本 公 告 乃 由 深 圳 佑 駕 創 新 科 技 股 份 有 限 公 司（「本公司」，連 同 其 附 屬 公 司 統 稱 「本集團」）自 願 刊 發。 本 公 司 董 事 會（「董事會」）欣 然 宣 佈，本 集 團 近 日 正 式 收 到 中 標 通 知 書，確 認 成 為 桐 鄉 市 車 路 雲 一 體 化 城 市 交 通 融 合 感 知 項 目（2025年自動駕駛公交車採購項 目）的 中 標 單 位，中 標 金 額 達 人 民 幣1,185萬 元（「桐鄉無人車項目」）。該 項 目 標 誌 著本公司在L4級 自 動 駕 駛 商 業 化 進 程 中 取 得 關 鍵 突 破，進 一 步 鞏 固 本 集 團 在 智 慧 城 市 與 智 能 交 通 領 域 的 領 先 地 位。 桐 鄉 無 人 車 項 目 中，本 集 ...

Core Insights - Shenzhen Youjia Innovation Technology Co., Ltd. launched its unmanned logistics brand "Xiao Zhu Unmanned Vehicle," marking a significant advancement from L1 to L4 autonomous driving technology [1] - The founder and chairman of the company, Liu Guoqing, expressed the goal of leveraging advanced L4 technology to create more value for users in diverse and complex scenarios [1] Group 1: Product Launch and Technology - The newly launched models, T5 and T8, are optimized for unmanned logistics scenarios, enhancing capabilities such as public road navigation, complex terrain handling, indoor and outdoor autonomous cruising, automatic parking, and active safety [1] - The company has built a comprehensive product matrix based on L1-L4 autonomous driving technology, showcasing its robust data capabilities accumulated over more than a decade [2] Group 2: Financial Performance - The L4 autonomous driving iRobo business achieved significant progress, generating over 10 million yuan in revenue within six months during the mid-2025 performance period [2] - The unmanned minibus business successfully commercialized in Suzhou in February and has since expanded deliveries to Heilongjiang and Shanghai, contributing to new revenue streams for the company [2]

香港交易及結算所有限公司及香港聯合交易所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 對 因 本 公 告 全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責 任。 Minieye Technology Co., Ltd （於中華人民共和國註冊成立的股份有限公司） 深圳佑駕創新科技股份有限公司 （股份代號： 2431） 自願性公告 簽署無人物流與公交領域合作框架協議 根 據 合 作 協 議，三 方 將 以 各 自 核 心 資 源 與 渠 道 優 勢 為 基 石，以 業 務 協 同 為 紐 帶，深 度 挖 掘 跨 領 域 合 作 切 入 點，構 建 長 期 穩 定、互 惠 共 贏 的 戰 略 合 作 夥 伴 關 係。合 作 將 圍 繞 四 大 方 向 推 進： 1. 勞 動 用 工 協 同 創 新：建 立 跨 行 業 人 力 資 源 共 用 平 台，推 動 三 方 員 工 技 能 互 通 與 崗 位 柔 性 流 動，實 現 人 力 價 值 再 創 造。 – 1 – 簽訂合作協議的理由及裨益 三 方 在 相 關 領 ...

Core Viewpoint - Youjia Innovation has successfully won the bid for the first airport autonomous driving commercial project in China, specifically for the Ezhou Huahu International Airport, providing L4 level autonomous shuttle services [2][4]. Group 1: Project Overview - The Ezhou Airport project marks Youjia Innovation's first commercial deployment of autonomous driving technology in an airport setting, offering services for crew connections, employee commuting, and border inspection coordination [2]. - The L4 autonomous shuttle integrates multi-modal perception, intelligent decision-making, and global scheduling, ensuring efficient, safe, and comfortable transportation within the airport [2][4]. Group 2: Technical Capabilities - The autonomous shuttle utilizes a multi-sensor fusion perception system, achieving 360° blind spot coverage and centimeter-level positioning, capable of accurately identifying vehicles, pedestrians, traffic lights, and various road markings [3]. - Safety mechanisms include "automotive-grade hardware + multi-redundancy design," featuring remote emergency stop, two-way voice communication, real-time video monitoring, and multi-source alarm responses, ensuring compliance with high safety standards in civil aviation [3][4]. Group 3: Market Potential and Future Plans - The global airport autonomous shuttle market is expected to grow rapidly, with a forecasted market size exceeding 7.4 billion RMB by 2030 [5]. - Youjia Innovation aims to enhance its L4 and related technology development, extending autonomous driving capabilities to more high-value and complex operational scenarios, contributing to the intelligent transformation of the industry [5].

香港交易及結算所有限公司及香港聯合交易所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 對 因 本 公 告 全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責 任。 Minieye Technology Co., Ltd （於中華人民共和國註冊成立的股份有限公司） 深圳佑駕創新科技股份有限公司 （股份代號： 2431） 自願性公告 有關中標鄂州花湖國際機場無人駕駛擺渡車項目 本 公 告 乃 由 深 圳 佑 駕 創 新 科 技 股 份 有 限 公 司（「本公司」），連 同 其 附 屬 公 司 統 稱 「本集團」）自 願 刊 發。 本 公 司 董 事 會（「董事會」）欣 然 宣 佈，本 集 團 近 期 成 功 中 標 中 國 湖 北 省 鄂 州 花 湖 國 際 機 場 無 人 駕 駛 擺 渡 車 項 目（「鄂州機場項目」）。鄂 州 花 湖 國 際 機 場 為 全 球 第 四、亞 洲 首 個 專 業 貨 運 樞 紐 機 場。鄂 州 機 場 項 目 為 本 集 團 首 個 機 場 自 動 駕 駛 商 業 化 項 目。 ...

Core Viewpoint - Shenzhen Youjia Innovation Technology Co., Ltd. has completed a placement of new H shares, raising approximately HKD 158 million, with a net price of about HKD 22.81 per share [2][3]. Fundraising Details - The company issued a total of 6,800,000 new H shares, resulting in a gross fundraising amount of HKD 158 million and a net amount of HKD 155 million after deducting listing expenses [2]. - Approximately 40% of the net proceeds (around HKD 62.05 million) will be used to enhance the performance of the company's intelligent driving solutions and meet the growing demand for mid-to-high-level assisted driving projects [3]. - About 30% of the net proceeds (around HKD 46.53 million) will be allocated for technological upgrades of L4 autonomous driving solutions to support the commercialization of passenger and cargo autonomous driving scenarios [3]. - Approximately 20% of the net proceeds (around HKD 31.02 million) will be used to explore potential strategic partnerships, alliances, and acquisition opportunities [3]. - The remaining 10% of the net proceeds (around HKD 15.51 million) will be allocated for working capital and general corporate purposes [3]. Shareholder Structure - The largest shareholder group holds approximately 13.60% of the total issued shares, while the concert party group holds about 10.96% [3]. - The total number of issued shares after the placement is 399,946,400, with H shares accounting for 77.60% of the total [3]. Initial Public Offering (IPO) Background - Youjia Innovation was listed on the Hong Kong Stock Exchange in December 2024, with an IPO price of HKD 17 and a net fundraising amount of HKD 606 million [4]. - Key cornerstone investors in the IPO included Kang Cheng Heng International Investment Co., Ltd. and Horizon Together Holding Ltd., which collectively subscribed for HKD 540 million [4][5].

Core Viewpoint - The partnership between Youjia Innovation and Changan Automobile enhances Youjia's market presence and industry influence, as it will supply advanced driver assistance system (ADAS) products for Changan's new energy vehicles [2][3]. Group 1: Partnership and Collaboration - Youjia Innovation has been selected as a supplier for Changan Automobile, providing ADAS products that support various driving scenarios, including highways and urban areas [2]. - This collaboration builds on a previous partnership established in 2022, indicating a deepening strategic alignment between the two companies [3]. Group 2: Market Position and Growth Potential - Changan Automobile, a leading automotive group in China, achieved over 2.68 million vehicle sales in 2024, with its new energy brand reaching multiple growth milestones [2]. - Youjia Innovation's selection as a supplier is seen as a validation of its technological capabilities and production reliability, which may enhance its market reputation [3]. Group 3: Industry Trends and Regulatory Environment - Youjia Innovation is expected to benefit from the accelerated penetration of high-level intelligent driving in China, with projected increases in product shipments from 2025 to 2027 [4]. - The company has developed a comprehensive intelligent driving algorithm stack, covering key modules such as perception and control, allowing for deep optimization from hardware to applications [4]. - Recent national standards for ADAS are favorable for Youjia Innovation, which has a proven track record in mass production and global market reach [4].

Group 1 - The core viewpoint of the articles highlights the significant progress made by Shenzhen Youjia Innovation Technology Co., Ltd. in advancing L4 autonomous driving technology, particularly through its new generation of driverless minibuses, which have been selected for a project by China Telecom [1][2][3] - The new L4 platform vehicle is designed to operate stably at speeds below 40 km/h in urban road scenarios, utilizing a combination of self-developed high-precision positioning modules and neural network algorithms [2][3] - The vehicle's hardware configuration includes dual Orin domain controllers, semi-solid-state LiDAR, long-range millimeter-wave radar, multi-camera systems, and a combined navigation system, achieving a total computing power of 500 Tops, enabling 360-degree perception without blind spots [2][3] Group 2 - The collaboration with China Telecom signifies a shift in the role of operators in the infrastructure layout for smart mobility, moving from limited areas to broader urban applications such as micro-circulation buses and shuttle transport systems [3] - The company emphasizes the importance of a "high precision + strong computing power + low cost" platform to overcome the challenges of integrating L4 autonomous driving capabilities into existing urban infrastructure [3][4] - The company has adopted a gradual strategy in its autonomous driving layout, developing a product matrix that covers levels L1 to L4, and has completed several demonstration operations in cities like Suzhou and Guangzhou [3][4]

Group 1 - The core viewpoint of the news is that Shenzhen Youjia Innovation Technology Co., Ltd. has received a designated project for its L4 autonomous driving minibus from China Telecom, marking a significant step towards the commercialization of L4 technology [1] - The new generation of autonomous minibuses features high precision, strong computing power, and low cost, which are critical for mass production in urban open road scenarios [2][3] - The L4 autonomous driving system utilizes self-developed algorithms and advanced sensor fusion technology, enabling smooth driving at speeds up to 40 km/h in complex urban environments [2] Group 2 - The application of automotive-grade solutions is expected to accelerate project deployment and set new industry benchmarks in redundancy design, system stability, and cost-effectiveness [3] - Youjia Innovation's autonomous minibuses are designed to address the "last mile" transportation challenge, enhancing the integration of autonomous driving with urban traffic systems [4] - The company aims to explore deeper applications of autonomous driving technology in various scenarios, including airports and logistics, by leveraging its comprehensive self-research capabilities and technological innovations [4]