Zheng Quan Shi Bao Wang·2025-09-12 00:21Core Viewpoint - Shengwei Times has submitted a listing application to the Hong Kong Stock Exchange, with CITIC Securities International as the sole sponsor [1] Company Overview - Shengwei Times provides urban ride-hailing services and intercity road passenger information services [1] - According to Frost & Sullivan, the company ranks 14th in China's ride-hailing service market based on GTV calculations for 2024 [1] Market Potential - The Chinese road passenger transport industry has significant market potential, particularly in lower-tier cities and rural areas [1] - Shengwei Times has undertaken digital road passenger transport projects in 17 provinces, autonomous regions, and municipalities as of June 30, 2025 [1] Service Offerings - The company offers customized passenger transport services and collaborates with 12306 and Hanglv Zhongheng to provide bus ticketing [1] Financial Performance - The company's revenue for the fiscal years 2022, 2023, and 2024 is reported as follows: - 2022: 816 million RMB - 2023: 1.206 billion RMB - 2024: 1.594 billion RMB [1]