Changes in Hong Kong stocks | Easy Control Smart Drive (07687) rose nearly 5% in early trading, the company signed a memorandum of cooperation with the Kazakhstan Mining and Metallurgy Association

The Zhitong Finance App learned that Easy Control Smart Driving (07687) rose nearly 5% in early trading. As of press release, it rose 4.93% to HK$78.7.

According to news, recently, the 2026 China-Central Asia Mining Technology and Equipment Procurement Matchmaking Conference was held in Astana, Kazakhstan. During the event, Easy Control and Smart Driving signed a memorandum of cooperation with the Kazakhstan Mining and Metallurgy Association. The two sides will cooperate on information sharing, industry promotion, business exchanges, professional consulting, and participation in association activities. The Association will use the advantages of member networks and industry platforms to assist Easy Control Smart Driving to introduce driverless products and solutions in mining areas to member companies and relevant parties, and expand communication channels with local mining enterprises.

CITIC Construction Investment released a research report saying that as a leading player in the field of driverless mining, Easy Control Smart Driving has covered 38 mines. As of H1, it has operated more than 3,100 unmanned mining cards, and continues to expand into metal mines and overseas markets. The company's first project in Australia has entered a real production environment. The fees for overseas “AI drivers” are higher than at home, which is expected to open up room for high gross profit growth. With the release of H2 deferred orders and the continued expansion of the mine scale, the company's revenue and profitability are expected to continue to improve.