MINIEYE goes public on Hong Kong Stock Exchange

Published: Dec 27, 2024 13:54
Source: gasgoo
On December 27, 2024, Minieye Technology Co., Ltd. (MINIEYE) successfully went public on the Main Board of the Hong Kong Stock Exchange under the stock code 2431.HK and at an issue price of HKD 17 p...

Beijing (Gasgoo)- On December 27, 2024, Minieye Technology Co., Ltd. (MINIEYE) successfully went public on the Main Board of the Hong Kong Stock Exchange under the stock code "2431.HK" and at an issue price of HKD 17 per share.  

Since its founding in 2014, MINIEYE focuses on the development and deployment of cutting-edge smart driving technologies. The company has become a leading provider of intelligent driving and smart cockpit solutions in China, thanks to its differentiated competitive edge and established commercialization capabilities.  

MINIEYE follows a progressive approach to intelligent driving, delivering solutions with growing levels of automation. In addition to custom L0 to L2+ intelligent driving systems, the company is actively advancing its L4 autonomous driving solution, iRobo, which is slated for delivery in the first quarter of 2025.  

As of June 30, 2024, MINIEYE had collaborated with 29 automakers on the mass production of 94 vehicle models. By December 10, 2024, it expanded its partnerships to 35 automakers, demonstrating its strong R&D and manufacturing expertise.  

Amid a global expansion strategy, MINIEYE is strengthening its domestic market presence while penetrating international markets. By the first half of 2024, the company had achieved mass production for 21 exported vehicle models from four automakers, targeting regions such as the EU, Australia, the UK, and Southeast Asia.  

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