在结构与能源层面，该产品採用无驾驶室设计，整车重量降低、高度减少，通过性得到提升。车架使用 Q550E高强度钢材，结构为全箱式纵梁与油气悬架配合A型架。能源系统配备1056度电池，支持长效续 航与快速充电，适用于高强度连续作业。车辆采用全液压转向与盘式液压制动系统，配备超大蓄能器， 制动安全距离较短。系统支持应急人工转向机制，左右平衡双举升油缸用于维持举升作业稳定性，在感 知、决策与执行层面设置多重安全措施，适用于矿山无人化与智能化作业场景。 是次公司正式发布全新无人驾驶矿用卡车，旨在丰富产品组合并完善在矿山新能源与智能化领域的战略 布局。该产品契合行业智能化、无人化及低碳化发展趋势，有望为客户提供更安全、高效和环保的运输 解决方案。 博雷顿(01333)发布公告，公司于2025年11月21日在其武汉工厂举行新品下线仪式暨发布会，推出全新 的无人驾驶矿用卡车产品。 该产品基于先进电动底盘架构与全栈自研技术体系，实现了露天矿区复杂工况下的高阶无人化作业。整 车搭载多模态大模型调度系统以及E2E智能驾驶系统，融合多光谱感知大模型与双冗余路径规划，构建 起覆盖远距探测、多地形自适应与路径决策的全链路感知-决策能力。 ...

Investment Rating - The report initiates coverage with a "Buy" rating for the company [6][7]. Core Viewpoints - The company is a pioneer in the non-road wide-body dump truck sector, focusing on large-scale, electric, and unmanned vehicles, which are driving the demand for mining trucks [6][14]. - The company has a strong market position and is expected to benefit from the trends of large-scale, electrification, and automation in the mining industry, with significant growth in revenue and net profit projected for the coming years [6][7][22]. Financial Data and Profit Forecast - Total revenue (in million yuan) is projected to be 6,145 in 2024, with a year-on-year growth rate of 4.9%. For 2025, the revenue is expected to reach 6,961, reflecting a growth rate of 13.3% [2]. - The net profit attributable to the parent company is forecasted to be 793 million yuan in 2024, with a year-on-year growth of 29.0%. By 2025, it is expected to increase to 868 million yuan, a growth of 9.4% [2]. - Earnings per share are projected to be 1.79 yuan in 2024 and 1.88 yuan in 2025 [2]. - The gross profit margin is expected to improve from 21.4% in 2024 to 23.1% in 2027 [2]. Market Data - As of August 13, 2025, the closing price of the company's stock is 23.20 yuan, with a market capitalization of 8,064 million yuan [3]. - The company has a price-to-book ratio of 3.3 and a dividend yield of 3.02% [3]. Industry Trends - The demand for non-road wide-body dump trucks is expected to grow significantly, with the market size for electric wide-body dump trucks projected to increase from 1.7 billion yuan in 2023 to 11.2 billion yuan by 2028, reflecting a compound annual growth rate (CAGR) of 45.7% [6][9]. - The report highlights that the transition to electric and unmanned mining trucks is becoming a necessity due to economic benefits and policy support, with the market for unmanned mining trucks expected to grow significantly in the coming years [6][9][49]. Company Overview - The company was established in 2005 and is recognized as the first in China to develop and manufacture non-road wide-body dump trucks, with a strong focus on research and development [6][14]. - The company has established partnerships with key players in the industry, such as Yikong Zhijia, to enhance its product offerings and market reach [6][14].