Core Insights - Xidi Intelligent Driving Technology Co., Ltd. has submitted its third application to the Hong Kong Stock Exchange, with joint sponsors including CICC, CITIC International, and Ping An Securities (Hong Kong) [2] - The company is a leading provider of intelligent driving products and solutions for commercial vehicles in China, focusing on autonomous mining and logistics vehicles, V2X technology, and intelligent perception solutions [2] - Xidi ranks sixth among all intelligent driving commercial vehicle companies in China, holding a market share of approximately 5.2% [2] Financial Performance - Revenue is projected to increase from RMB 31.1 million in 2022 to RMB 410.0 million in 2024, representing a compound annual growth rate (CAGR) of 263.1% [3] - Revenue for the six months ending June 30, 2024, is expected to rise by 57.9% from RMB 258.5 million to RMB 408.0 million for the six months ending June 30, 2025 [3] - Gross profit is anticipated to grow from RMB 26.8 million in 2023 to RMB 101.4 million in 2024, with a gross profit increase of 57.1% from RMB 44.4 million for the six months ending June 30, 2024, to RMB 69.7 million for the six months ending June 30, 2025 [3] Market Position - Xidi has delivered 56 autonomous mining trucks to a mining area in China, operating alongside approximately 500 manned trucks, forming the world's largest mixed-operation mining vehicle fleet [2] - The company has also delivered China's first fully autonomous electric mining vehicle fleet, ranking first in the autonomous mining truck solution market based on projected product sales revenue for 2024 [2] - Xidi is among the first companies in China to launch commercial V2X products [2]
希迪智驾第三次递表港交所,上半年营收约4.08亿元
Ju Chao Zi Xun·2025-11-15 02:54