The stock of CIDI-NEW (ASX: 03881) has risen more than 8%. At the time of writing, the share price is up 3.61% to HK$24.7, with a turnover of HK$23.329 million.

Recent news indicates that the company showcased its self-developed remote-controlled excavator at the Perth Tradie Expo 2026 in Australia. The innovative AI and remote control technology solution has attracted significant attention and was featured prominently in a report by 7 NEWS Australia. This exhibition marks a crucial step in the company's expansion into overseas markets and demonstrates the international competitiveness of China's smart driving and engineering machinery remote control technologies.

Analyst Perspective and Commercial Progress

According to analysis, the company's autonomous driving solutions have achieved normalized, round-the-clock, and fully automated unmanned operations in mining scenarios, significantly accelerating the pace of commercial deployment. Starting from early V2X test zone solutions, the company has progressively built comprehensive capabilities encompassing vehicle-infrastructure coordination, commercial vehicle intelligent driving, and unmanned mining truck/logistics operations. The company is now refocusing on its core autonomous driving business and achieving rapid scaling.

Operational Efficiency and Market Outlook

The analysis notes that the company has achieved an exceptionally low remote intervention rate, with a single supervisor currently capable of managing up to 100 unmanned mining trucks simultaneously. Concurrently, the advancement of overseas commercialization is expanding the company's growth potential. It is well-positioned to leverage international channels to access the global market.