近日，极视角向港交所主板递交上市申请文件，本次发行由中信证券担任独家保荐人。 极视角为中国AI计算机视觉解决方案提供商，公司财务呈现营收稳步增长但盈利与现金流承压的特征。2025年前三季度，公司营收1.36亿元，同比增长 71.6%；净亏损3629.6万元，同比扩大33.73%。 截至招股书发布日，公司累计完成11轮融资，合计融资逾3.8亿元，2024年11月D轮融资后投后估值约23.1亿元。股权结构上，公司创始人团队及一致行动人 合计控股29.84%，为单一最大股东团体。 AI视觉方案收入持续增长，大模型方案首年营收占比超两成 根据招股书，极视角核心业务包括AI计算机视觉解决方案及大模型解决方案。计算器视觉解决方案是一种仿真人类视觉系统，能使计算器从图像或视频中 提取信息，并基于该信息进行分析、决策及交互的技术解决方案。大模型解决方案是指基于大模型功能构建的应用，以及相关配套服务。 图1：极视角业务 公司搭建了极星算法推理及部署平台、极栈算法训练及管理平台等基础设施。截至2025年9月30日，其算法商城已展示逾1500种算法，累计服务客户超3000 家，交付项目逾6000个，产品复购率超过80%，并建立了由 ...

瑞财经 刘治颖1月20日，山东极视角科技股份有限公司（以下简称"极视角"）向港交所主板提交上市申 请，中信证券为独家保荐人。 招股书显示，极视角是中国AI计算机视觉解决方案提供商，为各行各业的企业提供端到端解决方案开 发、部署及管理服务。此外，公司在提供具有商业可行性的大模型解决方案以赋能企业进行数字化转型 方面已成功实现扩张。 根据弗若斯特沙利文的资料，按2024年的收入计，公司于中国新兴企业级计算机视觉解决方案市场中排 名第八，市场份额为1.6%。 2022年至2024年，极视角收入分别为1.02亿元、1.28亿元、2.57亿元，年内利润分别为-6072.2万 元、-5624.6万元、870.8万元，毛利率分别为30.6%、25.9%、40.2%。 据瑞财社查阅，极视角历史上曾经存在股权代持的情形。 极视角成立于2015年6月，初始注册资本为3万元，其中50%的股权由罗韵持有，且50%的股权因行政便 利由罗韵作为陈振杰的代名人并代表陈振杰持有。 2015年7月，罗韵进一步认购公司100万元的注册资本，代价为100万元。该等股权的50%由罗韵持有， 余下50%因行政便利由罗韵作为陈振杰的代名人并代表陈振杰持 ...

Core Viewpoint - The article discusses the IPO plans of Shandong Jishijiao Technology Co., Ltd., which aims to list on the Hong Kong Stock Exchange under Chapter 18C, highlighting its growth in AI computer vision solutions and financial performance [2][3]. Group 1: Company Overview - Established in 2015, Jishijiao is a provider of AI computer vision solutions, offering end-to-end development, deployment, and management services across various industries [3]. - The company has successfully expanded its large model solutions to empower enterprises in digital transformation, utilizing advanced technologies such as multi-agent optimization and scene-based algorithms [3]. Group 2: Market Position and Community - As of September 30, 2025, Jishijiao's AI computer vision solution algorithm marketplace showcased over 1,500 algorithms across more than 100 industries, serving over 3,000 clients [4]. - The company has delivered over 6,000 projects with a product repurchase rate exceeding 80% [4]. - According to Frost & Sullivan, Jishijiao ranks eighth in the emerging enterprise-level computer vision solutions market in China based on 2024 revenue [4]. Group 3: Financial Performance - Jishijiao's revenue from 2022 to 2024 was 102 million, 128 million, and 257 million yuan, respectively, with a compound annual growth rate of 59.2% [4]. - In the first three quarters of 2025, revenue increased by 71.6% to 136 million yuan compared to the same period in 2024 [4]. - The gross profit margins for 2022, 2023, 2024, and the first three quarters of 2025 were 30.6%, 25.9%, 40.2%, and 44.9%, respectively [4][5]. Group 4: Investment and Use of Proceeds - Jishijiao has completed multiple rounds of financing and plans to use the net proceeds from the IPO primarily to enhance R&D capabilities, improve commercialization, and provide working capital for general corporate purposes [5].

Group 1 - The core viewpoint of the article is that Shandong Jishijiao Technology Co., Ltd. has submitted an application for listing on the Hong Kong Stock Exchange, with CITIC Securities as its sole sponsor [1] - Jishijiao is identified as a provider of AI computer vision solutions in China, offering end-to-end solution development, deployment, and management services for various industries [1] - According to Frost & Sullivan, Jishijiao ranks eighth in the emerging enterprise-level computer vision solutions market in China based on projected revenue for 2024 [1]