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智能驾驶解决方案提供商魔视智能递表港交所
Xin Lang Cai Jing·2025-09-26 17:05

Core Viewpoint - Magic View Intelligent Technology (Shanghai) Co., Ltd. has submitted its listing application to the Hong Kong Stock Exchange, aiming to empower future mobility through AI-driven intelligent driving solutions [1][2]. Group 1: Company Overview - The company is a provider of intelligent driving solutions driven by AI innovation, focusing on creating a safe and user-friendly experience while advancing towards higher-level intelligent driving modes [1]. - It is one of the few suppliers with a fully self-developed technology stack, covering core technologies in algorithms, models, data governance, and intelligent driving hardware and software [1][3]. - The company has provided integrated hardware and software solutions with L0 to L4 intelligent driving capabilities to OEMs and tier-one suppliers, contributing to the popularization of intelligent driving [2]. Group 2: Financial Performance - The company's revenue for the years 2022, 2023, 2024, and the first half of 2025 is projected to be RMB 118 million, RMB 147 million, RMB 357 million, and RMB 189 million, respectively [3]. - The net losses for the same periods are expected to be RMB 200 million, RMB 228 million, RMB 233 million, and RMB 112 million [3]. - The company has served all top ten automotive OEMs in China by sales volume for 2024 [3]. Group 3: Research and Development - The company's R&D capabilities span from basic algorithms to embedded engineering, ensuring deep software and hardware collaboration without technical gaps [3]. - R&D expenditures for 2022, 2023, 2024, and the first half of 2025 are projected to be RMB 128 million, RMB 143 million, RMB 160 million, RMB 66.9 million, and RMB 83.9 million, respectively [3]. Group 4: Use of Proceeds - The funds raised from the listing are expected to enhance the company's R&D capabilities, expand production capacity, upgrade technology, and improve delivery capabilities [4]. - The proceeds will also support the deepening of the sales and marketing network and general corporate purposes [4].