Core Viewpoint - Rongda Technology has successfully launched its IPO in Hong Kong, marking a significant step towards capital market engagement, with a strong oversubscription rate of 275.96 times for its public offering [1]. Company Overview - Founded in 2010, Rongda Technology specializes in AIDC devices and solutions, developing a diverse product matrix that includes specialized printers, scales, POS terminals, and PDAs, with over 100 standard models widely used across various sectors such as retail, education, and logistics [6]. - The company has established a service network covering over 30 provincial-level administrative regions in China and more than 140 countries internationally, solidifying its position in the AIDC sector [6][11]. Market Potential - The global AIDC device market is projected to grow at a compound annual growth rate (CAGR) of 10.9% from 2024 to 2028, reaching a market size of $106.7 billion by 2028, driven by trends in new retail, big data analytics, and sustainable development [7]. Technological Innovation - Rongda Technology emphasizes technological innovation, boasting a highly qualified R&D team with 123 personnel, over 85% of whom hold college degrees or higher. The company has 164 registered patents, including 21 invention patents, and has received multiple national recognitions for its technological advancements [10]. Financial Performance - In the fiscal years 2022, 2023, and 2024, Rongda Technology reported revenues of RMB 393.3 million, RMB 348.7 million, and RMB 350.1 million, respectively, with gross profits of RMB 89.9 million, RMB 85.5 million, and RMB 99.4 million, indicating stable financial performance [11][12]. - In 2024, nearly 47.1% of the company's revenue came from international markets, showcasing its diverse customer base and stable financial relationships [11]. Future Outlook - Looking ahead, Rongda Technology aims to continue its innovation-driven development approach, aligning with industry trends to provide competitive products and services, leveraging its recent capital market entry for accelerated growth opportunities [14].