小马智行将进入解禁期：多位核心股东表态不急于减持

Core Insights - The lock-up period for pre-IPO investors of Xiaoma Zhixing will end on May 26, with key shareholders, including Toyota and several international funds, indicating no immediate plans to sell their shares [1] - Xiaoma Zhixing is positioned advantageously in the autonomous driving industry, leveraging its operational capabilities in major cities and a unique advantage in converting policy opportunities into commercial value [1][2] Company Overview - Xiaoma Zhixing was established in 2016, focusing on "world models" and "virtual drivers" applicable to various vehicle types and scenarios, providing technology solutions and services in autonomous ride-hailing (Robotaxi), autonomous freight (Robotruck), and technology licensing [1] - The company launched China's first Robotaxi service in 2018 and is recognized as a leader in autonomous driving technology and operational scale, being the first in China to obtain permits for autonomous ride-hailing services in major cities [1] Financial Highlights - On November 27, 2024, Xiaoma Zhixing went public on NASDAQ, raising $299 million, marking the largest IPO in the U.S. autonomous driving sector for 2024 [2] - Including a private placement of $153.4 million, the total fundraising amount reached $452 million (approximately 3.29 billion RMB) [2]