Core Viewpoint - Berai Technology has completed a multi-billion B2 round financing to develop large-tonnage electric unmanned mining trucks, build a manufacturing center, and expand into overseas markets [1] Company Overview - Founded in 2015, Berai Technology initially focused on low-altitude economy and entered the unmanned mining sector in 2018, now covering all types of mines including coal, metal, and building materials [1] - The company has achieved large-scale implementation with over 20 major mining enterprises, including Datang Dong Er Mine and China National Building Material [1] Market Position - By the end of 2024, Berai Technology is projected to hold the largest market share in the pure electric unmanned mining truck sector, with over 300 unmanned trucks operating on its system, accumulating 20 million kilometers of safe operation and transporting over 370 million tons of materials [1] Product Features - Berai Technology's products are characterized by "unmanned driving + unmanned battery swapping," with two mass-produced models: Berai Electric Bull 105 and Berai Electric Bull 145, the latter being the largest electric unmanned mining truck on the market [1] - A scheduling system for large electric fleets has been launched, which monitors battery levels and optimizes battery swapping routes [2] Cost Efficiency - The company estimates that replacing traditional mining trucks with its unmanned vehicles could save billions in labor costs, as the average annual cost for a truck driver is approximately 300,000 yuan [3] - The battery swapping solution alleviates energy replenishment anxiety and reduces fuel costs, making pure electric mining trucks more cost-effective than fuel and hybrid options [3] Strategic Partnerships - Collaboration with State Power Investment Corporation has led to the development of unmanned battery swapping stations, which can complete battery changes in six minutes using robotic arms [2][3] - The partnership with state-owned enterprises strengthens Berai Technology's position in the market, as these entities can bear the costs of heavy assets like battery swapping stations [3] Regulatory Support - Recent policies from the National Mine Safety Administration and local governments mandate increased automation and reduced personnel in mining operations, promoting the adoption of Berai Technology's products [4] Market Potential - The unmanned mining sector is anticipated to become a trillion-yuan market, with Berai Technology expected to benefit significantly from this growth, projecting explosive revenue growth over the next three years [5]