招股书显示，希迪智驾是中国领先的商用车自动驾驶产品及解决方案供应商。公司专注于自动驾驶矿卡及物流车、V2X技术及智能感知解决方案的研发，并 提供以专有技术为基础的尖端产品及解决方案，于往绩记录期间主要专注于自动驾驶矿卡。 根据灼识谘询的资料，按2024年产品销售收入计，希迪智驾为中国最大的商用车自动驾驶公司，市场份额为16.8%;按2024年产品销售的收入计，公司在中国 自动驾驶矿卡解决方案市场排名第一;公司是中国首批推出商业化V2X产品的自动驾驶公司;公司的列车自主感知系统(TAPS)是目前国内唯一实现独立安全感 知的产品。 希迪智驾科技股份有限公司(简称：希迪智驾)于5月8日所递交的港股招股书满6个月，于11月8日失效，递表时中金公司（601995）、中信建投（601066）国 际、中国平安资本(香港)为联席保荐人。 ...

智通财经APP获悉，希迪智驾科技股份有限公司(简称：希迪智驾)于5月8日所递交的港股招股书满6个月，于11月8日失效，递表时中金公司、中信建投国 际、中国平安资本(香港)为联席保荐人。 招股书显示，希迪智驾是中国领先的商用车自动驾驶产品及解决方案供应商。公司专注于自动驾驶矿卡及物流车、V2X技术及智能感知解决方案的研发，并 提供以专有技术为基础的尖端产品及解决方案，于往绩记录期间主要专注于自动驾驶矿卡。 根据灼识谘询的资料，按2024年产品销售收入计，希迪智驾为中国最大的商用车自动驾驶公司，市场份额为16.8%;按2024年产品销售的收入计，公司在中国 自动驾驶矿卡解决方案市场排名第一;公司是中国首批推出商业化V2X产品的自动驾驶公司;公司的列车自主感知系统(TAPS)是目前国内唯一实现独立安全感 知的产品。 ...

Core Viewpoint - The company, Xidi Intelligent Driving, is preparing for an IPO on the Hong Kong Stock Exchange, led by Li Zexiang, amidst a competitive landscape in the smart driving industry. The focus will be on how the company maintains its high valuation narrative in a market that is evolving rapidly [1]. Company Overview - Xidi Intelligent Driving is a leading supplier of commercial vehicle autonomous driving products and solutions in China, focusing on autonomous mining trucks and logistics vehicles, V2X technology, and intelligent perception solutions [2]. - The company holds a market share of 16.8% in China's commercial vehicle autonomous driving sector and ranks first in the autonomous mining truck solutions market [2]. Financial Performance - Revenue growth has been significant, with reported revenues of approximately 31.06 million RMB in 2022, 133 million RMB in 2023, and 410 million RMB in 2024, reflecting a compound annual growth rate (CAGR) of 263.1% [3]. - The revenue structure is unstable, with the autonomous driving business accounting for 90.2%, 56.1%, and 62.1% of total revenue during the reporting period [3]. Profitability and Losses - Despite rapid revenue growth, the company has experienced increasing losses, with annual losses of approximately 263 million RMB, 255 million RMB, and 581 million RMB over the three years, totaling around 1.1 billion RMB [5][7]. - The gross profit margins for the autonomous driving segment were -25.1%, 19.5%, and 23.1% during the reporting period, indicating challenges in achieving profitability [12][13]. Market Outlook - The global commercial vehicle autonomous driving market is projected to reach 1.6158 trillion RMB by 2030, with a CAGR of 123.0% from 2023 to 2030. The Chinese market is expected to see explosive growth, reaching 778.8 billion RMB by 2030 [9]. - The company plans to utilize IPO proceeds for research and development, enhancing commercialization capabilities, and international expansion, particularly in markets like Australia, Europe, and South America [11]. Strategic Initiatives - Xidi Intelligent Driving aims to capture market opportunities through various strategies, including the development of a new generation of autonomous driving platforms and the expansion of its international presence [11]. - The company has already achieved commercial operations of autonomous mining trucks in multiple mining areas and received significant orders, laying a foundation for future revenue growth [11].

Core Viewpoint - Xidi Intelligent Driving Technology Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with CICC, CITIC Securities International, and Ping An Capital (Hong Kong) as joint sponsors [1] Company Overview - Xidi Intelligent Driving is a leading supplier of commercial vehicle autonomous driving products and solutions in China, focusing on the development of autonomous mining trucks, logistics vehicles, V2X technology, and intelligent perception solutions [3] - The company holds a market share of 16.8% in China's commercial vehicle autonomous driving sector based on product sales revenue for 2024, ranking first in the autonomous mining truck solutions market [3] Product and Technology - Xidi Intelligent Driving has developed various products and solutions, including autonomous driving technology for mining trucks and logistics vehicles, V2X products for smart transportation and cities, and intelligent perception solutions for rail transit and commercial vehicles [3] - The company has delivered the world's largest fleet of autonomous mining trucks that operate in coordination with manned vehicles, achieving a mining efficiency of 104% compared to manually driven trucks [4] Financial Performance - The company reported revenues of approximately RMB 31.06 million, RMB 133 million, and RMB 410 million for the years 2022, 2023, and 2024, respectively, with corresponding losses of approximately RMB 262.99 million, RMB 255.08 million, and RMB 580.84 million [4][5] - The gross profit margin improved from -19.3% in 2022 to 24.7% in 2024, indicating a significant turnaround in profitability [5]