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新股消息 | 泽景电子再度递表港交所 公司致力于HUD解决方案的研发
智通财经网·2025-11-12 23:47

Core Viewpoint - Jiangsu Zejing Automotive Electronics Co., Ltd. (Zejing Electronics) has submitted an application for listing on the Hong Kong Stock Exchange, focusing on the development of HUD (Head-Up Display) solutions [1][3]. Company Overview - Zejing Electronics specializes in HUD solutions, including W-HUD (Windshield HUD) and AR-HUD (Augmented Reality HUD), and collaborates closely with OEMs to enhance user interaction and smart driving experiences [3][5]. - The company employs an integrated self-research technology architecture that encompasses optical design, mechanical engineering, electronic design, software algorithms, and human-machine interface (HMI) [3][4]. Product Offerings - The company offers a full range of platform-based HUD solutions, including CyberLens, CyberVision, testing solutions, and other innovative business solutions to meet diverse customer needs [5]. - Key features of the CyberLens and CyberVision products include personalized HMI development, dynamic distortion visualization, and advanced navigation capabilities [7]. Financial Performance - Zejing Electronics' revenue increased from RMB 214.09 million in 2022 to RMB 549.36 million in 2023, with a projected revenue of RMB 577.62 million in 2024, reflecting a compound annual growth rate (CAGR) of 64.3% from 2022 to 2024 [9]. - The company recorded losses of RMB 256.14 million in 2022, RMB 175.63 million in 2023, and RMB 138.56 million in 2024, with interim losses of RMB 102 million and RMB 240 million for the periods ending May 31, 2024, and May 31, 2025, respectively [10][11]. Industry Overview - The HUD market in China is expected to grow significantly, with sales volume projected to increase from 1 million units in 2020 to 3.9 million units in 2024, representing a CAGR of 41.2% [14]. - The global market for W-HUD is anticipated to grow from 10.7 million units in 2024 to 20.9 million units by 2029, while AR-HUD is expected to increase from 2 million units to 7.6 million units during the same period [17].