Autel(SH:688208) Jin Rong Jie·2025-12-21 02:51Core Viewpoint - Shenzhen Daotong Technology Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with CICC as its sole sponsor, positioning itself as a leading provider of intelligent vehicle diagnostic and smart charging solutions [1]. Group 1: Company Overview - Daotong Technology is recognized as the world's largest provider of intelligent vehicle diagnostic solutions based on revenue projections for 2022, 2023, and 2024, with a market share increase from 9.1% in 2022 to 11.1% in 2024 [1]. - The company is also the largest Chinese provider of smart charging solutions in overseas markets, and it ranks as the fourth largest provider of smart charging solutions in North America by 2024 revenue [1]. Group 2: Market Position - According to Frost & Sullivan, Daotong Technology's market share in intelligent vehicle diagnostics is expected to grow significantly, indicating strong competitive positioning in the industry [1]. - The company is projected to maintain its leadership in the smart charging solutions sector, particularly in North America, where it is identified as the largest Chinese player [1].