Strength Crowned! CIDI Autonomous Driving Honored in Forbes China's Top 50 AI Tech Companies of 2026

On May 17, the 2026 Forbes China Top 50 Artificial Intelligence Technology Enterprises list was officially announced. CiDi $CIDI (03881.HK)$ has made it to the main list of the Top 50 with its full-stack technical capabilities in commercial vehicle autonomous driving, multi-scenario large-scale deployment achievements, and global industrial influence, becoming the only selected company in the autonomous driving field.

The Forbes China Top 50 Artificial Intelligence Technology Enterprises list is highly authoritative and influential in the international technology sector, with strict evaluations based ontechnological innovation capabilities, market performance, application of results and actual impact, investment and financing status, sustainable development potential, and team and culture,across six core dimensions, ultimately selecting leading enterprises that drive industry development.

CiDi has been deeply engaged in the field of intelligent driving for commercial vehicles, using hardware platforms such as mining trucks and heavy-duty trucks, combined with physical AI and V2X technologies, to build comprehensive technological capabilities from single-vehicle intelligence to multi-vehicle collaborative intelligence, and from perception to decision-making scheduling, creating a unique transport intelligent system.

Relying on its fully self-developed transport intelligent system technology base and engineering experience verified through large-scale mass production, CiDi provides integrated hardware and software solutions that balance system performance and operational efficiency, ensuring the stable implementation of intelligent transportation in every scenario.

The company's core business, the 'Meta-Mine' smart mine solution, focuses on core processes such as drilling, blasting, excavation, and transportation in mining operations, providing end-to-end intelligent upgrade services to help mines achieve intelligent and unmanned transformation. As of February 2026, the cumulative deployment of the company's driverless mining trucks exceeded 1,500 units, with a total ore transportation volume surpassing 140 million tons. The maturity of the technical solution and the stability of operations have been fully validated, establishing a solid scenario-based competitive barrier.

The smart logistics solution combines the high-efficiency capacity of unmanned heavy trucks with centralized dispatching to connect end-to-end logistics chains, covering scenarios such as hazardous chemical parks, sea and land ports, customs checkpoints, and bulk short-distance transportation. In 2025, it was deployed at the Pu Zhai Smart Port in the China-Vietnam region, helping to create the first land-based customs clearance platform centered around unmanned container trucks.

Benefiting from deep technical accumulation and an extensive industrial layout, the company’s multi-scenario commercialization strategy has accelerated. V2X products now cover over 3,000 buses across 11 cities, with cumulative sales of onboard units (OBU) exceeding 14,000 sets; the Train Autonomous Perception System (TAPS) SIL4-level solution is steadily being delivered, and continuous efforts are being made in areas like tech insurance.

In 2025, CIDI's total annual revenue reached 885 million yuan, a strong increase of 115.8% year-on-year. Gross profit increased from 101 million yuan in 2024 to 189 million yuan, marking an 86.7% year-on-year growth. This remarkable performance of doubled revenue and improved profitability demonstrates the company's robust development momentum in the large-scale implementation of intelligent driving across diverse scenarios.

Additionally, CIDI continues to focus on ecosystem collaboration and advancing in all regional markets to broaden its development landscape. The company has formed strategic partnerships with leading enterprises such as Schaeffler, Sinoma Mining, and Isuzu Motors to jointly develop smart connected commercial vehicles, distributed electric drive systems, and vehicle electronic and electrical architectures. These efforts promote the deep integration of commercial vehicle electrification and intelligence, further solidifying technological and product barriers.

In overseas markets, CIDI has entered into a strategic partnership with the UK-based mining equipment giant MMD Group to co-develop cab-less mining trucks, accelerating its expansion into resource-rich regions like Australia, South America, and the Middle East. Recently showcased at the Indonesia International Coal Expo, the company has introduced its 'Meta Mine' intelligent and unmanned integrated solution to the international market, marking a significant leap from local focus to global outreach.

Currently, the global technology industry is rapidly empowering the real economy, and the commercial vehicle intelligent driving sector is entering a dual golden period of technological advancement and commercial deployment. As a newly listed company in 2026, CIDI's development trajectory precisely aligns with the core focus of the ranking criteria, which emphasize technological depth, commercial transformation, and long-term value. The company will closely follow national industrial policy directions, continue to strengthen its self-research capabilities, expand scale advantages, accelerate globalization, and fully support the intelligent and green upgrade of the real economy with cutting-edge technology!

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