清华女学霸创业、一年一融资，镁佳股份估值9.3亿美元冲刺港交所

Company Overview - Magnesium Technology Co., Ltd. (referred to as "Magnesium Technology") has submitted its prospectus to the Hong Kong Stock Exchange, with China International Capital Corporation, Citigroup, and Deutsche Bank serving as joint sponsors [1] - The company focuses on developing and delivering AI-driven integrated domain control solutions to assist manufacturers in creating the next generation of software-defined vehicles [1] Financial Performance - For the years 2022 to 2024, Magnesium Technology reported revenues of 388 million, 1.513 billion, and 1.42 billion respectively, with annual losses of 423 million, 357 million, and 291 million [1] Board of Directors - The board will consist of seven members, including three executive directors, one non-executive director, and three independent non-executive directors [2] - Dr. Zhuang Li, the founder, serves as the executive director, chairman, and CEO, overseeing the group's overall strategy, business development, and operations [2] Leadership Experience - Dr. Zhuang Li has over 20 years of experience in technology, engineering, R&D, and corporate leadership, which is crucial for driving the group's strategic direction and technological advancements [2][3] - Prior to founding Magnesium Technology, Dr. Zhuang held significant positions at NIO Inc., Cheetah Mobile, Yahoo, and Microsoft Research [3] Investment and Valuation - Magnesium Technology has raised over $231 million through five financing rounds from 2018 to 2024, achieving a pre-IPO valuation of $931 million, an increase of over 15 times [4] - The company has attracted investments from notable institutions such as Shanhang Capital, Sequoia Capital, and others [3] Financing Rounds - The company completed several financing rounds with the following details: - Seed Round: 6 million USD for 20 million shares - Series A: 21 million USD for 23.46 million shares - Series B: 40 million USD for 29.8 million shares - Series C: 105 million USD for 40.84 million shares - Series D: 28 million USD for 9.03 million shares - Series D+: 30.69 million USD for 9.66 million shares [5]