Zheng Quan Shi Bao Wang·2025-12-12 01:05Core Viewpoint - The company, Mainline Technology, has submitted an application for a mainboard listing on the Hong Kong Stock Exchange, with Cathay Pacific Securities acting as the sole sponsor [1] Company Overview - Mainline Technology is a Level 4 autonomous driving truck and solution provider, focusing on its self-developed autonomous driving system [1] - The company has created an integrated product ecosystem consisting of AiTruck (smart trucks), AiBox (smart terminals), and AiCloud (smart cloud services) [1] Business Strategy - The company's solutions are strategically deployed in three core business scenarios: Trunk Port (logistics hub), Trunk Pilot (highway logistics), and Trunk City (urban traffic) [1] - As of December 5, 2025, the company has delivered a total of 830 AiTrucks and 349 AiBoxes, with intention orders for 821 AiTrucks and 920 AiBoxes [1] Market Position - According to Frost & Sullivan, Mainline Technology is the largest Level 4 autonomous driving truck and solution provider in China for closed road scenarios, based on projected product sales revenue for 2024 [1] Industry Outlook - The market for autonomous driving solutions in commercial vehicles in China is rapidly developing, with the closed road scenario market expected to reach 26.2 billion RMB by 2030, while the open road scenario market is projected to reach 160.6 billion RMB during the same period, which is anticipated to be the core growth engine for the next decade [1]