Streamax(SZ:002970) Zhi Tong Cai Jing·2025-09-30 08:23Core Viewpoint - Shenzhen Ruiming Technology Co., Ltd. has submitted an application for listing on the Hong Kong Stock Exchange, with CICC as the sole sponsor. The company is a global provider of AI solutions for commercial vehicles [1][4]. Business Highlights - Ruiming Technology's solutions include AI technology for perception, analysis, and decision-making to enhance driving safety and fleet operational efficiency. The company utilizes over 80 intelligent algorithms covering advanced driving assistance, emergency braking, driver monitoring, and blind spot monitoring [4][7]. - The company has over 20 years of experience in the commercial vehicle sector, allowing it to accurately identify pain points and customer needs in various application scenarios. It has established a global customer network, with products sold in over 100 countries and regions, covering more than 200 cities [7]. Financial Performance - For the fiscal years ending December 31, the company's revenues and profits are as follows: - 2022: Revenue of approximately 1.23 billion RMB, net loss of about 167 million RMB - 2023: Revenue of approximately 1.51 billion RMB, net profit of about 98 million RMB - 2024: Revenue projected at approximately 2.00 billion RMB, net profit projected at about 286 million RMB - For the six months ending June 30, 2025, revenue is approximately 1.16 billion RMB, with a projected net profit of about 125 million RMB [8].