Group 1: Company Overview - Beijing Jizhi Technology Co., Ltd. (referred to as "Jizhi") plans to issue approximately 140 million H-shares at a price of HKD 16.8 per share, with the total fundraising expected to be around HKD 23.52 billion and net proceeds of approximately HKD 22.06 billion [1][3] - Jizhi was established in February 2015, with a registered capital of approximately RMB 1.159 billion. The major shareholders include VERTEX GROWTH FUND PTE.LTD. and NHTV Swarm Company (Hong Kong) Limited [3][4] Group 2: Business Model and Market Position - Jizhi provides Autonomous Mobile Robot (AMR) solutions aimed at enhancing warehouse fulfillment and industrial handling scenarios. It has become the largest provider of warehouse fulfillment AMR solutions globally as of 2024 [5] - As of December 31, 2024, Jizhi has delivered approximately 56,000 AMRs to over 40 countries and regions, capturing a 9.0% market share in the global warehouse fulfillment AMR solutions market [5] Group 3: Financial Performance - Jizhi's revenue for the years 2022, 2023, and 2024 was approximately RMB 1.452 billion, RMB 2.143 billion, and RMB 2.409 billion, respectively. The gross profit for the same years was approximately RMB 256 million, RMB 659 million, and RMB 837 million [6][7] - The company reported net losses of approximately RMB 1.567 billion, RMB 1.127 billion, and RMB 831 million for the years 2022, 2023, and 2024, respectively, indicating a narrowing of losses over the years [8]
极智嘉开启招股,将在港交所上市,引入4名基石投资者