Streamax(SZ:002970) 智通财经网·2025-09-30 08:08Core Viewpoint - Shenzhen Ruiming Technology Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with CICC as the sole sponsor, positioning itself as a global provider of AI solutions for commercial vehicles [1][3]. Group 1: Business Overview - Ruiming Technology specializes in AI solutions that enhance driving safety and fleet operational efficiency through vision-based AI technology [3][6]. - The company has over 20 years of experience in the commercial vehicle sector, allowing it to effectively address diverse application scenarios and customer needs [6]. - Ruiming Technology has developed over 80 intelligent algorithms covering advanced driver assistance, emergency braking, driver monitoring, and blind spot detection [6]. Group 2: Market Presence - The company has been active in overseas markets for nearly 20 years, with its solutions sold in over 100 countries and regions, covering more than 200 cities [6]. - Ruiming Technology has established 11 subsidiaries in countries such as the United States, Singapore, the UAE, and Vietnam, and has factories in China and Vietnam [6]. Group 3: Financial Performance - Revenue figures for Ruiming Technology are as follows: approximately 1.229 billion RMB in 2022, 1.505 billion RMB in 2023, 1.998 billion RMB in 2024, and 1.156 billion RMB for the six months ending June 30, 2025 [6][7]. - The company reported net profits of approximately -167 million RMB in 2022, 98 million RMB in 2023, 294 million RMB in 2024, and 206 million RMB for the six months ending June 30, 2025 [6][7]. - Gross profit margins have improved from 37.9% in 2022 to 46.0% in 2024, indicating a positive trend in profitability [7].