Core Viewpoint - Siwei Zhihui has submitted its IPO application to the Hong Kong Stock Exchange, with CITIC Securities as the sole sponsor, marking its entry into the smart cockpit sector as a new player [1][2]. Group 1: Company Overview - Siwei Zhihui is a subsidiary of the well-known mapping company, Siwei Tuxin, which holds a 27% stake, making it the largest shareholder [1]. - Other significant shareholders include Didi Chuxing, MediaTek, and Tencent, holding 16.46%, 15.83%, and 4.13% respectively, creating a strong resource network in the automotive sector [1][2]. - The company ranks as the tenth largest primary smart cockpit solution provider in China, with a market share of 0.1% and is the third largest globally among software-driven Chinese suppliers [2]. Group 2: Financial Performance - Revenue from smart cockpit solutions for 2022, 2023, and 2024 is projected to be 163.4 million, 164.4 million, and 243.4 million RMB respectively, while integrated solutions are expected to generate 373.6 million, 312.4 million, and 234.7 million RMB [2][3]. - Despite increasing revenues, the company has reported net losses of 203 million, 265 million, and 378 million RMB for the years 2022, 2023, and 2024 respectively, indicating challenges in covering R&D costs [3]. Group 3: Strategic Partnerships - Didi Chuxing's investment in Siwei Zhihui through a combination of cash and equity has strengthened collaboration in the smart driving and ride-hailing sectors [4][5]. - The partnership aims to enhance Didi's presence in the automotive upstream, focusing on electric vehicles and smart driving solutions [5][6]. - Siwei Zhihui has established connections with major automotive brands, covering 12 out of the 15 best-selling car models in China, and has a significant relationship with a major client, servicing 27 out of 50 models launched between 2022 and 2024 [3]. Group 4: Industry Context - The pace of IPOs for smart driving and cockpit companies in Hong Kong has accelerated, with several firms having submitted applications recently [8]. - Siwei Zhihui stands out as a unique player in the market, focusing on "vehicle-road-cloud" integrated solutions, although it faces competition from similar companies like Taibo Car Networking [9].

Group 1 - Taotao Automotive expects a net profit of 310 million to 360 million yuan for the first half of 2025, representing a year-on-year increase of 70.34% to 97.81% [1] - The company specializes in the research, production, and sales of all-terrain vehicles, electric golf carts, electric scooters, electric balance bikes, electric bicycles, and their accessories [1] - China Communications Construction Company plans to repurchase shares worth between 500 million to 1 billion yuan, with a maximum repurchase price of 13.58 yuan per share [1][2] Group 2 - Annoqi's subsidiary received a government subsidy of 1.65 million yuan, accounting for 34.77% of the company's latest audited net profit [2] - Annoqi focuses on the research, production, and sales of mid-to-high-end differentiated dyes [3] - Minfeng Special Paper announced the complete shutdown of its Nanhu plant, as its Haiyan plant is now capable of handling the production capacity [4] Group 3 - Aoto Electronics received a trademark registration certificate from Saudi Arabia, covering various electronic products [5] - Landi Group plans to acquire up to 20.1667% of the shares of Jujia Technology for a total price not exceeding 121 million yuan [6][7] - Lifan Pharmaceutical's Danpi phenol raw material drug has been approved for market launch, utilizing a new process that enhances efficiency and meets market demand [8] Group 4 - Shanghai Construction received a total of 548 million yuan in government subsidies, which accounts for 22.79% of the company's latest audited net profit [8] - Wanbangde's subsidiary received ethical approval for a key clinical trial of a new drug for Alzheimer's disease [8] - Prolo Pharmaceutical's subsidiary received approval for the market launch of a new raw material drug for liver cancer treatment [9] Group 5 - Chenguang New Materials received a government subsidy of 26 million yuan, representing 62.86% of the company's latest audited net profit [10] - Sanyou Medical's subsidiary received a government subsidy of 331,000 yuan, accounting for 28.86% of the company's latest audited net profit [11] - Weichai Heavy Machinery expects a net profit of 132 million to 151 million yuan for the first half of 2025, reflecting a year-on-year increase of 40% to 60% [12] Group 6 - Guanhao Biological announced the termination of its application for a specific stock issuance [13] - China Film plans to use up to 1.5 billion yuan of idle funds for cash management [14] - Aotai Biological intends to use up to 480 million yuan of idle raised funds for cash management [15] Group 7 - Helin Micro-Nano is planning to issue overseas shares and list on the Hong Kong Stock Exchange [17] - Jinpan Technology's vice president resigned due to personal health reasons [18] - Tongyi Zhong's chairman and general manager plan to reduce their shareholdings in the company [19] Group 8 - Naipu Mining signed an overseas contract worth 18.85 million USD [21] - Zhengye Technology completed an asset sale transaction worth 178 million yuan [23] - Lianxin Equipment won a bid for a project worth 157 million yuan from BOE [24] Group 9 - Smart Control plans to apply for a comprehensive credit line of up to 260 million yuan from banks [25] - Keyuan Pharmaceutical's application for issuing shares to purchase assets has been accepted by the Shenzhen Stock Exchange [27] - Meige Intelligent's H-share listing application materials have been received by the China Securities Regulatory Commission [29] Group 10 - Siwei Tuxin's subsidiary submitted an H-share listing application [32] - Metro Design's application for issuing shares to purchase assets has been accepted by the Shenzhen Stock Exchange [32] - Aeston submitted an application for H-share listing [34] Group 11 - Jiu Ri New Materials' shareholders plan to reduce their holdings by a total of 98,900 shares [34] - Yihua Tong's shareholder plans to reduce their holdings by up to 700,000 shares [35] - Xishanghai plans to distribute a cash dividend of 0.08 yuan per share [36] Group 12 - Zhejiang Natural plans to distribute a cash dividend of 1.97 yuan for every 10 shares [37] - Kouzi Jiao plans to distribute a cash dividend of 1.30 yuan per share [38] - Huitong Group plans to distribute a cash dividend of 0.023 yuan per share [40] Group 13 - Tongyong Co. plans to reduce its holdings by up to 0.31% of the company's shares [41] - China Shenhua plans to distribute a cash dividend of 2.26 yuan for every 10 shares [43] - Huangting International's executive director resigned due to personal reasons [45] Group 14 - Jinkai New Energy plans to distribute a cash dividend of 1 yuan for every 10 shares [46] - Heimu Dan plans to distribute a cash dividend of 0.041 yuan per share [47] - Feiyada plans to acquire all or part of the controlling stake in Chang Kong Gear [48]

Core Viewpoint - The announcement of the listing application by Siwei Zhili (Nanjing) Technology Co., Ltd. reflects its strength and potential in the smart cockpit sector, as well as Siwei Tuxin's deepening layout in the smart automotive industry chain [2][3] Group 1: Company Overview - Siwei Tuxin holds a 45.32% voting power in Siwei Zhili, which specializes in smart cockpit software solutions and integrated hardware-software solutions [2] - Siwei Zhili is recognized as a leading provider of smart cockpit solutions in China, known for its innovative software development capabilities and comprehensive product coverage from edge to cloud [3][4] Group 2: Market Position and Performance - According to Frost & Sullivan, Siwei Zhili ranked tenth among domestic first-tier smart cockpit solution providers in 2024, with a market share of 0.1%, and ranked third among software-driven first-tier suppliers globally [3] - Siwei Zhili has delivered over 15.9 million smart cockpit software solutions and over 1.55 million integrated hardware-software solutions since its establishment [4] Group 3: Research and Development - Siwei Zhili invests significantly in R&D to enhance its competitive advantage in smart cockpit solutions, with R&D expenditures of 113.1 million, 103.4 million, and 209.6 million for the years ending December 31, 2022, 2023, and 2024, respectively [5] - The R&D team consists of 377 members, and the company holds 107 patents, including 41 invention patents, 30 utility model patents, and 36 design patents [5]

Group 1 - Siwei Tuxin (002405) has submitted an application for the initial public offering of overseas listed shares (H shares) to the Hong Kong Stock Exchange on June 27, 2025, and published the application materials on the same day [1] - The company holds 45.32% of the voting rights in Siwei Zhilian [1] - Megmeet Smart (002881) has had its application materials for the issuance of overseas listed shares (H shares) accepted by the China Securities Regulatory Commission [1] - Keyuan Pharmaceutical (301281) has had its application documents for issuing shares to purchase assets and raising supporting funds accepted by the Shenzhen Stock Exchange [1]

证券代码：002405 证券简称：四维图新 公告编号：2025-042 北京四维图新科技股份有限公司 关于参股公司向香港联交所递交上市申请的公告 四维智联本次发行 H 股及上市尚需取得中国证券监督管理委 员会、香港证券及期货事务监察委员会和香港联交所等相关监管机构、 证券交易所的批准、核准或备案，该事项仍存在不确定性。公司将根 据该事项的进展情况及时履行信息披露义务，敬请广大投资者谨慎决 1 策，注意投资风险。 特此公告。 北京四维图新科技股份有限公司董事会 二〇二五年六月三十日 2 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 北京四维图新科技股份有限公司从参股公司四维智联（南京）科 技股份有限公司（以下简称"四维智联"）处获悉，其已于 2025 年 6 月 27 日向香港联合交易所有限公司（以下简称"香港联交所"）递交 了首次公开发行境外上市股份（H 股）并在香港联交所主板上市（以 下简称"本次发行"）的申请，并于同日在香港联交所网站刊登了本 次发行的申请资料。 四维智联主营业务为智能座舱软件解决方案、智能座舱软硬一体 化解决方案及其他配件，截至本公告披 ...

Core Viewpoint - Siwei Zhihui (Nanjing) Technology Co., Ltd. has submitted its prospectus for an IPO on the Hong Kong Stock Exchange, with major shareholders including Siwei Tuxin, Didi, and Tencent [1][3]. Company Background - Siwei Zhihui's history dates back to 2015 when Siwei Tuxin acquired 51% of its shares. In 2018, a business restructuring led to the spin-off of its intelligent network business [3][4]. - The company was previously known as Beijing Tuwu Xian Technology Co., Ltd. and was renamed in April 2018 [4]. Financial Performance - Siwei Zhihui reported revenues of approximately RMB 470 million in 2023, with a net loss of about RMB 327 million. For the first half of 2024, revenues were around RMB 222 million, with a net loss of approximately RMB 38 million [10][11]. - The company's revenues for 2022, 2023, and 2024 were approximately RMB 539 million, RMB 477 million, and RMB 479 million, respectively, with net losses of RMB 204 million, RMB 265 million, and RMB 379 million [12][16]. Revenue Breakdown - The revenue from integrated hardware and software solutions decreased by 16.4% in 2023 to about RMB 312 million, with a further decline of 24.9% expected in 2024 [12][14]. - In contrast, revenue from intelligent cockpit software solutions showed growth, increasing from RMB 163 million in 2022 to RMB 164 million in 2023, and projected to reach RMB 243 million in 2024 [14]. Shareholding Structure - Following a strategic capital increase in August 2024, Siwei Tuxin's direct shareholding in Siwei Zhihui decreased from 30.29% to 27.01%, while Didi's shareholding increased to approximately 20.6% [8][9]. - As of October 2024, Siwei Tuxin Hong Kong acquired additional shares from Toyota, increasing its stake in Siwei Zhihui [10]. Customer Concentration - The company has a high customer concentration, with revenues from the top five customers accounting for approximately 85.9%, 96.2%, and 92.2% of total revenues in the respective years [16][17]. - The largest customer, which is also the controlling shareholder, contributed revenues of approximately RMB 337 million, RMB 222 million, and RMB 229 million, representing significant portions of total revenue [17].

Core Viewpoint - The legal opinion issued by Beijing Tianyuan Law Firm confirms that the second extraordinary general meeting of shareholders of Beijing Siwei Tuxin Technology Co., Ltd. was convened and conducted in compliance with relevant laws and regulations [2][3][4][6]. Group 1: Meeting Details - The second extraordinary general meeting of shareholders was held on June 25, 2025, at 15:30 in the conference room 1303 of Siwei Tuxin Building, Beijing [1][3]. - The meeting utilized a combination of on-site and online voting methods, with the on-site meeting presided over by a director due to the absence of the chairman and vice-chairman [3][4]. Group 2: Attendance and Voting - A total of 1,489 participants attended the meeting, holding 303,981,751 shares with voting rights, which represents 13.0052% of the total voting shares [4][5]. - The voting included 1,483 shareholders, representing 112,573,948 shares, or 4.8162% of the total voting shares [5]. Group 3: Voting Results - The proposal regarding the company's unremedied losses reaching one-third of the total paid-in capital was approved with 296,507,175 votes in favor, which is a significant majority [6]. - Among minority investors, 90.1829% voted in favor of the proposal, indicating strong support from this group [6]. Group 4: Legal Compliance - The legal opinion asserts that the convening and conducting of the meeting, as well as the qualifications of attendees and the voting procedures, were all in accordance with the law and the company's articles of association [3][6].

1 | 专利名称 | 专利号 | 专利申请日 | 专利类型 | 专利权人 | 专利简介 | | --- | --- | --- | --- | --- | --- | | 高精度的定位方法 | ZL202010748625.1 | 2020-07-30 | 授权发明 | 四维图新 | 本公开实施例涉及定位技术领域，尤其涉及一种高精度的定位方 | | 及产品 | | | | | 法及产品。 | | 图像边缘处理方法、 装置、电子设备及存 | ZL202010844093.1 | | | | 本申请提供一种图像边缘处理方法、装置、电子设备及存储介质。 | | | | 2020-08-20 | 授权发明 | 四维图新 | 实现了对图像的边缘像素点进行数据结构化，在根据融合数据确 定目标的边缘轮廓线时，对识别目标的类别不做要求，提高了通用 | | 储介质 | | | | | | | | | | | | 性、图像边缘处理效率及精确度。 | | 地图数据处理方法、 | | | | | 本申请提供一种地图数据处理方法、装置、电子设备及存储介质， | | 装置、电子设备及存 | ZL202110449122.9 | 2021 ...

北京市天元律师事务所 关于北京四维图新科技股份有限公司 2025 年第二次临时股东大会的法律意见 京天股字（2025）第 420 号 致：北京四维图新科技股份有限公司 公司第六届董事会于 2025 年 6 月 9 日召开第十次会议做出决议召集本次股东 大会，并于 2025 年 6 月 10 日通过指定信息披露媒体发出了《召开股东大会通知》。 该《召开股东大会通知》中载明了召开本次股东大会的时间、地点、审议事项、投 票方式和出席会议对象等内容。 本次股东大会采用现场投票和网络投票相结合的方式召开。本次股东大会现场 会议于2025年6月25日（星期三）15:30在北京市海淀区永旭南路1号四维图新大厦A 座1303会议室召开，公司董事长张鹏先生、副董事长程鹏先生因工作原因不能到会， 经过半数董事选举由董事姜晓明先生主持本次股东大会，完成了全部会议议程。本 次股东大会网络投票通过深交所股东大会网络投票系统进行，通过交易系统进行投 票的具体时间为股东大会召开当日的交易时间段，即9:15-9:25，9:30-11:30、13:00- 15:00；通过互联网投票系统进行投票的具体时间为股东大会召开当日9:15-15:00。 ...

证券代码：002405 证券简称：四维图新 公告编号：2025-040 北京四维图新科技股份有限公司 2025 年第二次临时股东大会决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 重要提示： 1、本次股东大会未出现否决提案的情形。 2、本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间： 现场会议：2025年6月25日（星期三）下午15:30； 通过深圳证券交易所互联网投票系统投票：2025年6月25日上午9:15至下午 15:00期间的任意时间； 4.会议召集人和主持人：公司第六届董事会召集，经过半数董事选举由董事姜 晓明先生主持。 5.本次会议符合有关法律、行政法规、部门规章、规范性文件和公司章程的规 1 定。 （二）会议出席情况 通过现场投票和网络投票的股东1489人，代表公司有表决权股份303,981,751股， 占上市公司有表决权总股本的13.0052%。其中： 1.现场出席会议情况 通过深圳证券交易所交易系统进行网络投票：2025年6月25日9:15—9:25，9:30— 11: ...