Core Viewpoint - The company, Xidi Zhijia, is set to launch an IPO from December 11 to December 16, 2025, aiming to issue 5.408 million H-shares at a price of HKD 263 per share, with trading expected to commence on December 19, 2025 [1] Group 1: Company Overview - Xidi Zhijia is an innovative supplier in the field of intelligent driving products and solutions for commercial vehicles in China, focusing on autonomous trucks for mining and logistics, V2X technology, and intelligent perception solutions [1] - The company ranks sixth among all intelligent driving commercial vehicle companies in China, holding a market share of approximately 5.2% [2] - Xidi Zhijia has delivered 56 autonomous mining trucks in a mixed fleet with about 500 manned trucks, forming the largest mixed-operation mining truck fleet globally [2] Group 2: Financial Projections and Use of Proceeds - The company estimates a net amount of approximately HKD 1.309 billion from the global offering, assuming the over-allotment option is not exercised [3] - Approximately 55% of the net proceeds will be allocated to R&D over the next five years, with specific allocations for the new generation intelligent driving platform and V2X technology upgrades [3] - The company anticipates revenue growth from RMB 31.1 million in 2022 to RMB 410 million in 2024, reflecting a compound annual growth rate of 263.1% [4] Group 3: Recent Financial Performance - Revenue for the six months ending June 30, 2025, is projected to increase by 57.9% to RMB 408 million compared to the same period in 2024 [4] - Gross profit is expected to rise from RMB 26.8 million in 2023 to RMB 101 million in 2024, with a significant increase in gross profit for the six months ending June 30, 2025, to RMB 69.7 million [4]
希迪智驾(03881)12月11日至12月16日招股 拟全球发售540.8万股H股 引入湘江智...
Xin Lang Cai Jing·2025-12-10 22:55