Core Viewpoint - The company, Xian Dao Intelligent (00470), has successfully listed its shares at a price of HKD 45.8 per share, raising approximately HKD 4.796 billion in net proceeds from the issuance of 108 million shares [1] Company Overview - Xian Dao Intelligent's manufacturing equipment and solutions are widely used across various sectors, including lithium batteries, photovoltaic cells, 3C manufacturing, smart logistics, hydrogen production, fuel cell production, automotive manufacturing, and laser precision processing [1] - The company's intelligent equipment is equipped with industrial control software, which streamlines multiple production processes, aiding clients in transitioning to highly automated, unmanned factories to reduce labor costs and enhance production efficiency while promoting green initiatives [1] Market Position - According to Frost & Sullivan, the global new energy intelligent equipment market is expected to account for approximately 15% of the global intelligent equipment market by 2024 [1] - In the same year, Xian Dao Intelligent is projected to be the second-largest supplier of new energy intelligent equipment globally, with a market share of 2.9% [1] - The global lithium battery intelligent equipment market is anticipated to represent about 13.5% of the new energy intelligent equipment market by 2024, with Xian Dao Intelligent being the largest supplier in this segment, holding a market share of 15.5% globally and 19.0% in China [1]