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Minieye Technology Co., Ltd Reports 2024 Annual Results Amidst Growing Intelligent Driving Industry

Story Highlights
  • Minieye Technology specializes in intelligent driving solutions for enhanced driving experiences.
  • The company reported increased revenue in 2024, despite an operating loss, amid industry growth.
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Minieye Technology Co., Ltd Reports 2024 Annual Results Amidst Growing Intelligent Driving Industry

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Minieye Technology Co., Ltd. Class H ( (HK:2431) ) has shared an update.

Minieye Technology Co., Ltd announced its audited consolidated annual results for 2024, reporting a revenue increase to RMB 654,481 thousand from RMB 476,206 thousand in 2023, despite an operating loss of RMB 222,500 thousand. The intelligent driving industry is rapidly expanding, driven by technological advancements and favorable policies, presenting significant opportunities for Minieye. The company aims to capitalize on these trends with its comprehensive portfolio of intelligent driving solutions, strategically positioned to capture extensive market opportunities.

More about Minieye Technology Co., Ltd. Class H

Minieye Technology Co., Ltd is a Chinese company specializing in intelligent driving and cabin solutions. The company focuses on enhancing the driving experience through piloting, parking, and in-cabin functions. It leverages its strengths in algorithm development, software engineering, and hardware design to support the mass commercialization of intelligent driving technologies, serving 35 automotive OEMs.

YTD Price Performance: 66.33%

Average Trading Volume: 1,536,892

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