伯镭科技拟赴港IPO，领跑纯电自动驾驶矿卡领域

Core Viewpoint - Shanghai Berai Intelligent Technology Co., Ltd. has submitted its listing application to the Hong Kong Stock Exchange, with CITIC Securities and CITIC Jinshi International serving as joint sponsors [1] Group 1: Business Overview - Berai Technology focuses on unmanned mining transportation, establishing three synergistic business segments: Intelligent Vehicles, Intelligent Mining, and Intelligent Transportation, providing integrated customer solutions [2] - The Intelligent Vehicle segment is the largest revenue source for the company, and it is the world's largest pure electric autonomous mining truck provider based on shipment volume and revenue projections for 2024 [2] - As of December 31, 2024, Berai Technology is also the largest provider of electric and automated mining solutions globally, based on the cumulative number of mines adopting its solutions [2] Group 2: Financial Performance - The company has shown rapid revenue growth, with revenues of RMB 69.565 million, RMB 171 million, and RMB 315 million for the years 2023, 2024, and the first three quarters of 2025, respectively [3] - Berai Technology is still in a continuous investment phase, reporting adjusted net losses of RMB 32.281 million, RMB 60.428 million, and RMB 53.304 million for the same periods [3][4] - The gross profit margin has remained relatively stable, recorded at 11.3%, 15.1%, and 15.1% for the respective years [3] Group 3: Future Plans - The funds raised from the listing will be used to increase R&D investment, enhance technology and product capabilities, establish a smart production base domestically, build a green intelligent mining ecosystem, and supplement daily operational funds [5]