3年半累亏12亿元 天瞳威视冲刺港交所IPO

Group 1 - The core viewpoint of the article is that Suzhou Tiantong Weishi Electronic Technology Co., Ltd. has submitted its IPO application to the Hong Kong Stock Exchange, aiming to leverage its position as a leading provider of software-centric intelligent driving solutions in China [2] - Tiantong Weishi's revenue has shown rapid growth, increasing from 172 million yuan in 2022 to 483 million yuan in 2024, with a compound annual growth rate of 67.7%. In the first half of 2025, revenue surged by 182.1% year-on-year to 157 million yuan [2] - Despite the revenue growth, Tiantong Weishi is currently operating at a loss, with a cumulative net loss exceeding 1.2 billion yuan from 2022 to the first half of 2025 [2] Group 2 - The company has attracted significant investment from major industry players, including ZF Friedrichshafen, SAIC Group, BAIC Group, NVIDIA, and China Unicom, highlighting its strong shareholder background [2] - The founder and CEO, Wang Xi, controls a total of 41.61% of the company's shares through direct and indirect means, with his compensation increasing over the years, totaling nearly 9 million yuan over three and a half years [3] - The ability of Tiantong Weishi to gain recognition in the capital market based on its technological advantages is a point of ongoing interest [3]