Core Insights - The China Securities Regulatory Commission has approved the overseas listing application of high-performance lidar provider Seyond, marking a significant step in the company's capital journey [1] - Seyond plans to issue up to 190,240,000 ordinary shares and aims to list on the Hong Kong Stock Exchange, which will enhance its global business layout and technology research and development [1] Company Overview - Founded in 2016, Seyond specializes in the design, development, and production of automotive-grade lidar, providing high-performance lidar solutions for Advanced Driver Assistance Systems (ADAS), Autonomous Driving Systems (ADS), and other automotive and non-automotive applications [1] - The company is expected to deliver approximately 230,000 automotive-grade lidar units in 2024, and from 2022 to 2024, it ranks second globally in cumulative sales revenue for ADAS lidar [1] Financial Performance - Seyond's financial performance is on a continuous optimization path, with revenue projected to grow from $66.302 million in 2022 to $159.575 million in 2024 [1] - The company achieved a positive gross margin of 12.6% in Q1 2025, continuing the positive trend from Q4 2024, indicating ongoing improvement in profitability [1] - The reduction in loss scale reflects the effectiveness of cost reduction through scaled production and optimized supply chain management, indicating that the company has crossed the commercialization threshold faced by the industry [1]
图达通获证监会备案,加速推进港股上市进程
Ge Long Hui·2025-10-15 02:22