智慧互通拟赴港冲刺“高精度AI第一股”，加码发展AI空间智能

Core Insights - Wisdom Interconnect Technology Co., Ltd. has submitted an IPO application to the Hong Kong Stock Exchange, aiming to become the "first high-precision AI stock" in the market [1] - The company focuses on AI spatial intelligence, particularly in the smart transportation sector, leveraging advanced AI technology to provide comprehensive high-precision AI solutions [1][2] Industry Context - The "14th Five-Year Plan" emphasizes the integration of AI with various sectors, aiming to enhance innovation in transportation through AI applications [2] - The Ministry of Transport has issued guidelines to promote AI in transportation, indicating a favorable policy environment for the growth of the AI industry [2] Company Performance - Wisdom Interconnect's revenue increased from 538 million yuan in 2022 to 618 million yuan in 2023, representing a growth of 14.7%, and is projected to reach 699 million yuan in 2024, with a further growth of 13.1% [3] - The company ranks fourth in China's smart transportation industry with a market share of 6.6% and holds the top position in spatial roadside solutions with a 19.3% market share [3] Technological Advancements - As of June 2025, Wisdom Interconnect has filed 1,225 patents, including 977 invention patents, and holds 338 patents, enhancing its technological edge [4] - The company has a dedicated R&D team of 240 members, accounting for 47% of its total workforce, with R&D expenses constituting around 30% of total operating costs from 2022 to 2024 [4] Client Relationships - Wisdom Interconnect has maintained long-term relationships with numerous clients, including government agencies and enterprises, fostering a robust ecosystem that enhances its product offerings [5] - The company's solutions are implemented in over 70 cities in China, with plans to expand into Southeast Asia and the Middle East [5] Future Plans - The company aims to deepen its ecosystem and domestic operations by collaborating with public transport agencies and AI industry leaders to establish common standards [6] - Wisdom Interconnect is exploring global applications for its solutions, targeting various sectors such as airports and commercial areas, while also focusing on international market expansion [6] Funding Utilization - The company plans to allocate part of the IPO proceeds to enhance research on cutting-edge technologies, improve products, and expand its proprietary technology platform [7] - Investments will also be directed towards strengthening the sales team for overseas expansion and upgrading production facilities for greater automation [7]