Core Viewpoint - The company, Jiadu Technology, is preparing to issue H-shares and list on the Hong Kong Stock Exchange as part of its internationalization strategy, aiming to establish a research and development center in Hong Kong to serve the Belt and Road Initiative markets [1][7]. Group 1: Internationalization Strategy - Jiadu Technology's internationalization strategy is systematic and phased, focusing on deepening domestic operations while gradually expanding overseas [8]. - The company plans to establish a global R&D center in Hong Kong and a sales platform in Singapore to facilitate local deployment in overseas markets [9]. - The company aims to create a dual-brand strategy to address geopolitical uncertainties and adapt to different national standards and customer needs [7][8]. Group 2: Market Challenges - The company faces significant challenges in risk identification across different regional markets and achieving localization in overseas deployments [5][9]. - Jiadu Technology intends to collaborate with local partners in Europe and Southeast Asia to enhance its market presence and adapt its offerings [9]. Group 3: AI and Industry Integration - The next five years are viewed as a golden window for the integration of AI and industry, with Jiadu Technology having launched China's first transportation-specific large model in 2023 [10]. - The company emphasizes the need for the transportation large model to transition from a technology-driven approach to a value-driven one to achieve profitability [13]. Group 4: Technological Development - Jiadu Technology has made significant strides in developing a domestic operating system for the transportation sector, with recent success in winning a project for Shenzhen Metro [12]. - The company aims to explore the potential of the domestic operating system market and encourage ecosystem partners to join in its development [12]. Group 5: Future Development Goals - From 2025 to 2027, Jiadu Technology aims to lead in market share and technological innovation in the integration of AI and smart transportation solutions [15]. - The company is strategically positioned in the Greater Bay Area, leveraging strong local clients like Guangzhou and Shenzhen Metro to contribute to the national transportation blueprint [15].