Group 1 - Company Guoyi Technology has submitted a listing application to the Hong Kong Stock Exchange, with Haitong International as the sole sponsor [1] - According to a Frost & Sullivan report, Guoyi Technology is the largest third-party SPD solution provider in China, holding a market share of 29.2% based on projected 2024 revenue [1] - The SPD (Supply, Processing, and Distribution) solution aims to optimize hospitals' procurement, handling, circulation, and distribution management of medical supplies, addressing issues in traditional supply chain models [1] Group 2 - Guoyi Technology's SPD solution consists of three core components: SPD software system, intelligent hardware, and professional services, which help hospitals reduce operational costs and improve supply management efficiency [1] - As of September 30, 2025, Guoyi Technology's SPD solutions have been deployed in 116 hospitals across 13 provinces in China, including 3 out of 8 A++ hospitals and 61 out of 91 tertiary hospitals [1] - The company launched an in-hospital IDS (Intelligent Distribution System) solution in 2024, centered around AMR (Autonomous Mobile Robots), utilizing IoT and AI technologies for logistics in critical hospital areas [2] Group 3 - The total transaction value of the SPD solution market in China grew from 18.4 billion yuan in 2019 to 181.5 billion yuan in 2024, with projections to reach 1,057.4 billion yuan by 2029 [2] - The third-party SPD solution market, in terms of revenue, increased from 0.1 billion yuan in 2019 to 1.1 billion yuan in 2024, and is expected to grow to 9.6 billion yuan by 2029 [2] - As of January 15, 2026, Guoyi Technology's product portfolio includes seven AMR models tailored to specific clinical and operational needs within hospital environments [2]