Core Viewpoint - Xidi Intelligent Driving (3881.HK) is launching an IPO from December 11 to December 16, with a share price of HKD 263, aiming to raise approximately HKD 1.42 billion, primarily for R&D and business expansion [1][2]. Group 1: IPO Details - The IPO will offer 5.408 million shares, with 5% allocated for public offering and the remainder for international placement [1]. - The expected net proceeds will be allocated as follows: 55% for R&D, 15% for enhancing commercialization capabilities, 20% for potential investments and acquisitions, and 10% for working capital [1]. Group 2: Financial Performance - Revenue is projected to grow from RMB 31.1 million in 2022 to RMB 410 million in 2024, reflecting a compound annual growth rate (CAGR) of 263.1% [2]. - For the six months ending June 30, 2025, revenue reached RMB 408 million, a year-on-year increase of 57.9% [2]. - Gross profit is expected to rise from RMB 26.8 million in 2023 to RMB 101.4 million in 2024, with a gross profit margin increasing from 20.2% to 24.7% [2]. Group 3: Company Focus and Technology - The company specializes in autonomous driving solutions for closed environments, particularly for mining and logistics, and is developing V2X technology and intelligent perception solutions [3]. - The Train Autonomous Perception System (TAPS) is noted for its industry-leading capabilities in long-range obstacle detection and adaptability across various scenarios [3]. - The company has established strategic partnerships with leading automotive OEMs, machinery manufacturers, and energy companies, enhancing its technological leadership and brand influence [3].
“自动驾驶矿卡第一股”希迪智驾(3881.HK)今起招股 一手入场费2657港元