智慧互通冲刺港交所：或将成为「高精度AI第一股」，深耕智慧交通领域多年

Core Viewpoint - Smart Interconnect Technology Co., Ltd. is set to become the "first high-precision AI stock" as it submits its IPO application to the Hong Kong Stock Exchange, aiming for a main board listing [3][4]. Group 1: Company Overview - Established in 2015, Smart Interconnect focuses on AI technology and spatial intelligent solutions, leveraging proprietary high-precision, computer vision, and multimodal perception technologies [4]. - The company has developed various AI algorithms and tools that enhance visual and cognitive capabilities, particularly in urban traffic management, improving safety and operational efficiency [4]. - Smart Interconnect's solutions have been successfully implemented to reduce congestion and accident rates while optimizing parking space utilization and payment accuracy [4]. Group 2: Market Position and Financials - As of June 30, 2025, Smart Interconnect has 257, 179, 120, and 59 clients for the years ending December 31, 2022, 2023, 2024, and June 30, 2025, respectively [5]. - The company ranks fourth in China's smart traffic industry with a market share of 6.6% and holds the first position in spatial roadside solutions with a 19.3% market share, based on 2024 revenue [5]. - The global high-precision AI solutions market has grown from 47.7 billion yuan in 2019 to an estimated 222.5 billion yuan by 2024, with a projected compound annual growth rate of 42.2% reaching 1.433 trillion yuan by 2029 [6]. Group 3: Financial Performance - Smart Interconnect's revenues for 2022, 2023, and 2024 were 538 million yuan, 618 million yuan, and 699 million yuan, respectively, with a revenue of 103 million yuan reported for the first half of 2025 [6]. - The decline in revenue for the first half of 2025 is attributed to fluctuations in project milestones that affect revenue recognition [6]. Group 4: Future Plans - The net proceeds from the IPO will primarily be used to enhance research on cutting-edge technologies, improve product solutions, and expand business applications [6][7]. - Funds will also support overseas business expansion, strengthen sales and marketing teams, and automate production processes [7].