The Zhitong Finance App learned that Easy Control Smart Driving (07687) rose by more than 5%. As of press release, it had risen 5.32% to HK$65.3, with a turnover of HK$3.9947 million.
According to the news, Easy Control Smart Driving issued an announcement. On November 11, 2026, the board of directors resolved to exercise repurchase authorization to repurchase H shares in the open market at a total price of no more than RMB 200 million in due course. The Board of Directors believes that the proposed share repurchase would be in the overall interests of the company and its shareholders. The board of directors also believes that the company's financial situation is stable and can maintain sufficient financial resources to meet the needs of its continued business growth while carrying out proposed share repurchases.
It is worth noting that recently, Zijin Mining joined hands with Easy Control and Smart Driving to achieve the normalized operation of more than 60 pure electric unmanned mining cards at an altitude of 5,400 meters above sea level. The project became the world's first high-altitude pure electric driverless project to achieve large-scale implementation. The entire mine transportation process achieved unmanned coverage, and formed the largest driverless vehicle fleet in a single metal mine in China. According to Zijin Mining's field operation data, the number of transport drivers in the mining area was reduced by 80%, the effective daily operating time increased by 16%, and the efficiency reached 90% of manual driving.