The Zhitong Finance App learned that Fangzheng Securities released a research report stating that it covered Easy Control Smart Driving (07687.HK) for the first time and gave it a “highly recommended” rating. The bank believes that driverless driving in mining areas is moving from demonstration applications to large-scale commercial implementation, and that production safety, cost reduction and efficiency, and policy support are jointly driving the increase in industry penetration. As a leading driverless driver in domestic mining areas, the company has a first-mover advantage in terms of fleet size, market share and project operation experience. The bank gave the above rating considering the continuous increase in the penetration rate of the unmanned mining card industry, the transformation of the company's business model to asset-light, and the continuous expansion of application scenarios.

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