Core Viewpoint - The news highlights the simultaneous IPO launches of three companies, including Nobikang, which is set to issue approximately 3.79 million H-shares with a price range of HKD 80.0 to HKD 106.0, aiming to raise around HKD 307 million in net proceeds [2][3]. Company Overview - Nobikang provides integrated hardware and software solutions based on comprehensive AI industry models for monitoring, detection, and operation maintenance across various sectors, including transportation, energy, and urban governance [4]. - The company operates three business lines: transportation solutions (covering rail, urban, and airport transport), energy solutions (covering electricity and chemicals), and urban governance solutions (focusing on park, campus, emergency, and community management applications) [4]. Market Position - According to ZhiShi Consulting, Nobikang is the second-largest provider of AI-powered power detection and monitoring systems in China, holding a market share of approximately 5.9% in the power supply sector for 2024 [4]. - In the rail transportation sector, Nobikang ranks third among companies providing AI detection and monitoring solutions, with a market share of about 1.8% [4]. Financial Performance - Nobikang's revenue for the years 2022 to 2024 and the first half of 2025 is projected to be RMB 253 million, RMB 364 million, RMB 403 million, and RMB 232 million, respectively, with income derived from rail transportation, electricity, and urban governance businesses [4]. - The company's profits for the same periods are expected to be RMB 63.16 million, RMB 88.57 million, RMB 115 million, and RMB 40.08 million, indicating a decrease in profit for the first half of 2025 due to reduced gross margins, primarily from the energy solutions segment [5].
【IPO追踪】一只AI概念启动招股！诺比侃收入连增