Core Viewpoint - Yushi Technology (Beijing) Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with CITIC Securities as its sole sponsor [1] Company Overview - Yushi Technology is a leading innovative enterprise in the Greater China region, focusing on L4-level autonomous driving technology for various scenarios. Its core products include autonomous driving solutions for enterprise clients in airports, factories, and manufacturers of commercial and passenger vehicles [4] - The company is the only global provider of sustainable L4-level autonomous driving solutions for large-scale commercial operations at airports, having successfully implemented autonomous electric towing vehicles, shuttles, and patrol vehicles at Hong Kong International Airport [4] - As of May 20, 2025, Yushi Technology has partnered with 17 airports in China and 3 overseas airports, showcasing the scalability and adaptability of its solutions [4] Financial Performance - For the fiscal years 2022, 2023, and 2024, Yushi Technology reported revenues of approximately RMB 65.48 million, RMB 161.36 million, and RMB 265.50 million, respectively. The company has not yet achieved profitability, with losses of approximately RMB 250 million, RMB 213 million, and RMB 212 million during the same periods [5] - The financial data indicates a gross profit margin of 45.7% in 2022, which decreased to 43.7% by 2024. The sales and marketing expenses accounted for 86.2% of revenue in 2022, dropping to 28.7% by 2024 [6]
L4级自动驾驶龙头驭势科技闯关港交所 去年实现收益2.65亿元
Zhi Tong Cai Jing·2025-05-28 22:55