清华计算机女神，冲刺IPO了

Core Viewpoint - The article discusses the upcoming IPO of Meijia Technology, founded by Zhuang Li, focusing on its integrated domain control solutions for smart cockpits in the automotive industry [2][5]. Company Overview - Meijia Technology was established in 2018 after Zhuang Li left NIO, specializing in integrated domain control solutions for smart cockpits [3][10]. - The company aims to list on the main board of the Hong Kong Stock Exchange [2]. Market Position - Meijia Technology ranks among the top five companies in the integrated domain control solutions market in China, holding approximately 9.3% market share as of 2024 [9][13]. - The total new installation volume of integrated domain control solutions in China's passenger cars is projected to reach 6.8 million units in 2024 [8]. Product Offerings - The company provides a comprehensive solution that includes smart cockpit, ADAS parking, ADAS driving, vehicle networking, and OTA upgrades, integrating multiple AI-driven functionalities [7][10]. Financial Performance - Revenue surged from RMB 387.8 million in 2022 to RMB 1.513 billion in 2023, with a slight decline to RMB 1.419 billion expected in 2024 [20][21]. - The gross profit for the same years was RMB 73.6 million, RMB 183.1 million, and RMB 309.3 million, with gross margins improving from 12.1% in 2023 to 21.8% in 2024 [24]. - The company reported losses of RMB 422.9 million, RMB 356.6 million, and RMB 291.2 million for 2022, 2023, and 2024, respectively, with loss rates decreasing over the years [27]. Client Base - As of 2024, Meijia has established relationships with 12 major automotive manufacturers, up from 10 in 2023 and 7 in 2022 [30]. - The company has secured a total of 48 contracts with various manufacturers, including well-known brands like Chery, Changan, Dongfeng, and Ford [12]. Competitive Landscape - The integrated domain control solutions market is characterized by rapid technological changes and aggressive pricing, with competition from large suppliers and global automotive electronics companies [16][17]. - Meijia aims to maintain its competitive edge by providing superior customer support and continuously improving its offerings [17][18]. Investment and Valuation - Meijia has completed six rounds of financing, raising a total of USD 230 million, with the latest valuation exceeding USD 930 million [36]. - The company's board includes Zhuang Li and other key executives, with Zhuang holding a 44.85% stake prior to the IPO [38].