股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 | 2. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01333 | 說明 | N/A | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 241,241,531 | RMB | | | 1 RMB | | 241,241,531 | | 增加 / 減少 (-) | | | 0 | | | | RMB | | | | 本月底結存 | | | 241,241,531 | RMB | | | 1 RMB | | 241,241,531 | 致：香港交易及結算所有限公司 本月底法定/註冊股本總額： RMB 379,651,762 公司名稱: 博雷頓科技股份公司 (「本公司」) 呈交日期: ...

Core Viewpoint - Boreton Technology Co., Ltd. has successfully transitioned from small-scale demonstrations to large-scale applications in the overseas market, marking a significant milestone with the recent order of 31 electric mining trucks for a key mining project in Africa [1][4]. Group 1: Company Overview - Established in 2016, Boreton is a private high-tech enterprise focused on new energy solutions, providing comprehensive green production solutions for users [1]. - The company has been recognized as a high-tech enterprise and a key "specialized and innovative" small giant by the Ministry of Industry and Information Technology [2]. Group 2: Technological Innovation - Boreton has developed several core technological advantages in electric and intelligent mining, including self-developed vehicle architecture, dual-motor powertrain, large-capacity batteries, and intelligent thermal management systems [2]. - The battery system has demonstrated a capacity retention rate of 88% after five years of high-intensity operation, meeting user demands for low operational costs [2]. Group 3: Market Expansion Strategy - The recent order represents Boreton's first large-scale project in Africa, indicating a shift from demonstration applications to substantial market penetration [4]. - The company is strategically targeting regions such as Africa and Southeast Asia, with plans to extend to Central Asia, South America, and the Middle East, where there is a strong demand for green mining equipment [4][5]. Group 4: Operational Challenges and Solutions - Boreton faces challenges in overseas markets, including policy compliance, high cognitive costs, and inadequate infrastructure, which it addresses through an "ecological cooperation + demonstration leading" strategy [5]. - The company provides a one-stop solution for overseas clients, integrating vehicles with renewable energy sources like solar and wind power to ensure stable electricity supply [5]. Group 5: Future Outlook - Following its listing on the Hong Kong Stock Exchange in 2025, Boreton plans to increase investment in technology research and development to create new intelligent equipment that meets international market needs [7]. - The company aims to enhance its global brand recognition and influence through participation in international exhibitions and industry forums, leveraging its recent large-scale export to Africa as a model for future endeavors [7][8].

Core Insights - The company, Boleton, has successfully completed a significant step in its internationalization process by delivering 31 electric mining trucks to Africa, marking its first bulk delivery project in the region and highlighting the global presence of Chinese new energy mining equipment [1][3] - Boleton's strategic positioning as a "zero-carbon mining robot" emphasizes its comprehensive capabilities, including vehicle architecture, core power systems, intelligent control platforms, and operational services, which are essential for meeting the high standards set by clients like China Nonferrous Metal Mining Group [3][6] - The delivery of these electric mining trucks represents not just a product sale but a systematic output of capabilities, showcasing Boleton's development of a green ecosystem around intelligent logistics [3][6] Technical and Competitive Advantages - Boleton differentiates itself from international competitors through three main advantages: products developed from the ground up with open architecture and expandable functions, a focus on system delivery rather than single vehicle exports, and a global response system established for sales, technology, and service [6][8] - The company has demonstrated strong performance in extreme conditions, with a battery capacity retention rate of 88% after five years of operation, providing high availability and low maintenance costs [3][4] Future Strategies and Market Potential - Boleton plans to focus on three areas for future growth: enhancing core technology research, expanding overseas demonstration projects and localized service capabilities, and strengthening global brand recognition [8][10] - The company is well-positioned to capitalize on the growing demand for green equipment, particularly electric mining trucks, as global resource-rich countries accelerate the elimination of high-energy-consuming traditional mining equipment [6][10] - The recent order from Africa is seen as a crucial starting point that could lead to increased collaboration with state-owned enterprises, local governments, and international mining companies [8][10]

Core Viewpoint - Boleton (01333.HK) has made significant progress in its international expansion by successfully delivering electric mining trucks to China Nonferrous Metal Mining Group for a key project in Africa, marking a critical step in its overseas strategy [1][3]. Group 1: International Expansion - Boleton's electric mining trucks are set to be shipped to Africa, indicating the company's commitment to expanding its market presence [1]. - The company won a bid to supply 31 electric mining trucks to China Nonferrous, which is a leader in international investment and cooperation in the non-ferrous metal sector [3]. - This project represents the large-scale application of Boleton's electric mining trucks in the African market, showcasing the company's global application capabilities under extreme conditions [3]. Group 2: Product Recognition and Innovation - Boleton's electric mining trucks have gained recognition from multiple state-owned enterprises, including previous deliveries to China Resources Cement [4]. - The trucks are widely used in various mining scenarios across several provinces in China, demonstrating their reliability and effectiveness [4]. - The company's continuous innovation in product technology and commitment to zero-carbon mining have contributed to its recognition among high-quality clients [4]. Group 3: Strategic Positioning and Future Outlook - Boleton is positioned as a benchmark enterprise for the industrialization of embodied intelligent technology, redefining the boundaries of smart engineering machinery [5]. - The successful entry into the African market signifies Boleton's role in promoting Chinese new production capacity on the global stage [5]. - The company aims to strengthen its international presence by focusing on innovation and aligning with international user demands, aspiring to build a globally competitive zero-carbon mining robot brand [5].

Core Insights - Boreton (Shanghai) Energy Saving Technology Co., Ltd. has been established with a registered capital of 12 million RMB, fully owned by Baipi (Shanghai) Intelligent Technology Co., Ltd. [1] Company Overview - The legal representative of Boreton is Chen Fangming [1] - The registered capital of the company is 12 million RMB [1] - The company is classified under the manufacturing industry, specifically in the electrical machinery and equipment manufacturing sector [2] - The business address is located at Room 209, Building 3, No. 168, Shennan Road, Minhang District, Shanghai [2] - The company type is a limited liability company, wholly owned by a natural person [2] - The business operation period is from June 13, 2025, to an indefinite term [2] - The registration authority is the Minhang District Market Supervision Administration [2] Shareholder Information - Baipi (Shanghai) Intelligent Technology Co., Ltd. holds 100% of the shares in Boreton [2] Business Scope - The business scope includes energy storage technology services, photovoltaic equipment leasing, sales and manufacturing of photovoltaic equipment and components, solar power technology services, and sales of intelligent distribution and control equipment [2] - The company is also involved in the sales and manufacturing of mining machinery, smart vehicle-mounted equipment, and sales of electric accessories for new energy vehicles [2] - The company is authorized to engage in power generation, transmission, and distribution businesses, as well as installation, maintenance, and testing of related electrical facilities [2]

Group 1 - In May 2025, 17 companies from the Shanghai Jiao Tong University ecosystem secured financing, focusing on fields such as embodied intelligence, new materials, new energy, and integrated circuits [1] - The hottest financing trend in May 2025 was in the embodied intelligence sector, with eight companies completing new rounds of financing, covering key areas like humanoid robots, tactile perception, exoskeleton robots, and AI large models [1] - Five portfolio companies of the Jiao Tong University mother fund received financing, indicating a growing ecological effect and potential for the Jiao Tong University ecosystem to become a leading force in China's hard technology IPOs [1] Group 2 - Zhiyuan Robotics completed a new round of financing in May 2025, with investors including JD.com and the Shanghai Embodied Intelligence Fund, focusing on AI and robotics integration [2][5] - Fourier Intelligence received a strategic investment of up to 300 million yuan, with a pre-investment valuation of 8 billion yuan, positioning it as a unicorn in the humanoid robot sector [7][11] - Magic Atom announced a new round of strategic financing worth hundreds of millions, aimed at advancing core technology iterations and scene-based applications in embodied intelligence [12] Group 3 - UniX AI completed several hundred million yuan in angel round financing, focusing on the collaborative development of multi-modal embodied intelligence models and general-purpose robots [15][17] - Yuanluo Technology received investment from the Beijing Artificial Intelligence Industry Investment Fund, specializing in embodied intelligence technology and humanoid robot products [19] - Qianjue Robotics announced financing in the tens of millions, focusing on multi-modal tactile perception technology for precise robotic operations [21][22] Group 4 - Jia'an Intelligent secured new financing, focusing on industrial embodied intelligence robots and core component development [24] - Jiyuan Power completed several million yuan in financing, aiming to build large-scale production lines for magnesium-based hydrogen storage materials [33] - Aoshark Intelligent announced consecutive rounds of financing, focusing on consumer-grade exoskeleton robots and core technology upgrades [35][36] Group 5 - Siping Technology completed several million yuan in Pre-A+ round financing, focusing on the commercialization of bio-based materials and the construction of a bio-manufacturing platform [39][40] - The company Aiwit completed A round financing, focusing on electric vertical take-off and landing aircraft technology development [47][50] - Gengxin Yue received new financing, focusing on semiconductor measurement and detection equipment [52][53] Group 6 - Boreton Technology successfully listed on the Hong Kong Stock Exchange, raising approximately 234 million HKD, with a market capitalization exceeding 10 billion RMB [55][56]

Summary of Key Points Core Viewpoint The Hong Kong IPO market has seen significant activity from May 5 to May 11, with 8 companies submitting applications, 3 companies passing hearings, 1 company going public, and 3 companies listing. Group 1: IPO Applications - A total of 8 companies submitted IPO applications, including Zhongqi Yunlian, MIRXES, YS Intelligent, Xidi Zhijia, Tong Shifu, Zhejing Electronics, Zhongding Integration, and Fuyou Payment [2][3] - Zhongqi Yunlian, established in 2015, is a leading independent digital financial platform in China, with a projected revenue of 6.52 billion RMB in 2022, increasing to 9.91 billion RMB by 2024 [3] - MIRXES, founded in 2014, specializes in miRNA technology for disease screening, with projected revenues of approximately 177.59 million USD in 2022, growing to 202.83 million USD by 2024 [4][5] - YS Intelligent, focusing on AI-driven pharmaceutical solutions, has raised over 500 million USD from notable investors and has a post-money valuation of 1.33 billion USD [6] - Xidi Zhijia, a provider of autonomous driving solutions, reported revenues of 310.56 million RMB in 2022, expected to reach 410 million RMB by 2024 [7] - Tong Shifu, established in 2013, leads the copper cultural products market in China with a 35% market share, projecting revenues of 503 million RMB in 2022 [8] - Zhejing Electronics, a pioneer in smart cockpit solutions, reported revenues of approximately 214 million RMB in 2022, with expectations of growth [9] - Zhongding Integration, a provider of smart logistics solutions, reported revenues of approximately 1.643 billion RMB in 2022, with a projected increase [11] - Fuyou Payment, a digital payment technology platform, reported revenues of approximately 1.142 billion RMB in 2022, with growth anticipated [12] Group 2: Companies Passing Hearings - Heng Rui Pharmaceutical, a leading innovative pharmaceutical company, reported revenues of 21.275 billion RMB in 2022, expected to grow to 27.985 billion RMB by 2024 [13][14] - Ningde Times, a leader in battery manufacturing, is expected to raise between 4 billion to 5 billion USD in its IPO, with a market share of 37.9% in the global battery market by 2024 [15][16] - Jihong Co., a dual-driven company in cross-border e-commerce and paper packaging, reported revenues of 5.376 billion RMB in 2022, with growth expected [17] Group 3: IPO and Listings - Green Tea Group is set to launch its IPO, offering 168 million shares at a price of 7.19 HKD per share, with significant interest from cornerstone investors [18] - Boleton, listed on May 7, priced at 18 HKD per share, saw a closing price of 24.9 HKD, reflecting a 38% increase [19] - Hu Shang Ayi, listed on May 8, had an opening price of 190.6 HKD, closing at 158.4 HKD, a 40.03% increase from its issue price [20] - Jun Da Co., also listed on May 8, opened at 22.2 HKD and closed at 26.6 HKD, marking a 20.09% increase [20] Group 4: Market Developments - The Hong Kong Stock Exchange has launched a "Tech Company Fast Track" to facilitate IPO applications for technology and biotech companies, allowing for confidential submissions [21]

Group 1 - Boleton is set to become the first electric engineering machinery company listed on the Hong Kong Stock Exchange, with an estimated valuation of 18 billion RMB after a successful C round financing of 2 billion RMB [1] - The company has achieved significant market penetration, with market shares of 11.2% for electric loaders and 8.3% for wide-body dump trucks, ranking among the top three in the industry [13] - Boleton's revenue structure is primarily driven by electric loaders, wide-body dump trucks, and new energy tractors, with the latter becoming a marginal business [15][17] Group 2 - The company has invested 2 billion RMB in R&D over three years, representing 14% of its revenue, significantly higher than the average of 5% for traditional machinery companies [15][18] - Boleton's innovative technologies include a dual-motor drive system that operates in extreme conditions and a fast-charging battery that can charge in 70 minutes and provide 10 hours of operation [15][18] - Despite its technological advancements, Boleton has faced challenges with low gross margins, maintaining single-digit percentages compared to traditional fuel machinery companies [15][18] Group 3 - The competitive landscape includes traditional giants like Sany Heavy Industry and XCMG, which have begun to increase their focus on electric machinery, with XCMG's new energy product revenue growing by 26.76% year-on-year [27] - Boleton's strategy of lowering prices to gain market share has resulted in a significant increase in market share for wide-body dump trucks, from 4.3% to 18.3% over two years, despite incurring cumulative losses of 680 million RMB [19][20] - The company plans to use the funds raised from its IPO for R&D, capacity expansion, sales network development, and working capital, with 40% allocated to technology development [22]

Group 1 - Boreton Technology Co., Ltd. was listed on the Hong Kong Stock Exchange on May 7, with the stock code 01333, becoming the first "zero-carbon mining robot" stock in Hong Kong, driven by its three core businesses: "new energy wide-body dump trucks, electric loaders, and unmanned driving" [1] - On its first trading day, Boreton's stock price opened with a 50% increase, closing at 24.9 HKD per share in the afternoon [1] - Boreton is recognized as a national-level specialized and innovative "little giant" enterprise and a high-tech enterprise, having established its largest new energy engineering machinery production base in Wuhan Economic Development Zone [3] Group 2 - Wuhan Economic Development Investment Group has successfully nurtured 12 listed companies, including Boreton, which received capital support during its Pre-IPO financing round [3] - The group has established a comprehensive investment system covering "angel investment, venture capital, industry, special funds, and mother funds," aimed at promoting high-quality economic development in the Wuhan Economic Development Zone [3] - The group manages 14 funds with a total scale exceeding 48 billion RMB, having invested in over 200 projects across key industries such as new energy, intelligent connected vehicles, and semiconductors [3][6] Group 3 - In April, the group, in collaboration with the district's technology innovation bureau, set up a 1 billion RMB Wuhan Chegu Science and Technology Innovation Investment Fund to promote early-stage and innovative investments [6] - The group aims to enhance the modern industrial system in the Wuhan Economic Development Zone and attract quality enterprises and projects to establish and grow in the area [6] - The strategic investments in companies like Lantu Automotive and Lotus Technology are part of the effort to build a comprehensive automotive industry ecosystem in Wuhan [3][6]

Group 1 - Boreton officially listed on the Hong Kong Stock Exchange on May 7, 2023, after a second submission, with an initial share price of HKD 18 and a first-day increase of over 50% [1][2] - The company issued a total of 13 million shares, with 20% allocated for public offering in Hong Kong and 80% for international investors, raising a net amount of HKD 147.8 million [2] - The IPO attracted significant interest, with the Hong Kong public offering being oversubscribed by 198.72 times [2] Group 2 - Boreton, established in 2016, primarily generates revenue from electric traction vehicles, electric loaders, and electric dump trucks, with some income from maintenance and rental services [2] - The company has faced ongoing financial challenges, reporting revenues of approximately CNY 360 million, CNY 460 million, and CNY 640 million for 2022, 2023, and 2024 respectively, while net losses increased to CNY 1.78 billion, CNY 2.29 billion, and CNY 2.75 billion over the same period [3][4] - Boreton ranks third and seventh in the Chinese market for electric dump trucks and loaders, respectively, with market shares of 18.3% and 3.8% [3] Group 3 - The company plans to allocate approximately 40% of the IPO proceeds for technological advancements and new product development, another 40% for establishing manufacturing facilities, and 10% for expanding sales networks and brand awareness [2] - Boreton's gross profit margins have been low, recorded at 2.3%, 2%, and 5.8% for the past three years, indicating challenges in profitability despite revenue growth [3][4] - The average selling price of electric loaders has been declining over the past three years, contributing to the company's strategy of "price for volume" amidst rising costs [4]