来源：猎云网 值得注意的是，DeepWay深向在成立之初，就获得了百度"白盒"模式的自动驾驶技术授权，这是百度在商用车领域的唯一授权，因此，其也成为"百度 Apollo X计划"的首个落地公司。Deepway深向的创始人是狮桥集团的创始人万钧，CTO田山原为百度商用车自动驾驶业务负责人。 DeepWay深向采用"自有车辆+自研智驾技术"一体化双轮驱动发展战略，在传统燃油车技术体系之外重新定义产品与研发架构，使车辆硬件与智能驾驶软件 在底层实现深度适配，以货运领域完全无人驾驶为终极目标。截至2025年6月，公司已累计交付约6400台新能源重卡，在全球正向定义新能源重卡市场排名 第一。 在应用场景选择上，DeepWay深向当前重点聚焦中国物流体系中体量庞大的固定线路短途大宗运输市场，该市场运力需求约占公路货运总量的40%至50%。 围绕这一场景，公司正在加速推进智能编队的应用，目前在新疆、内蒙、四川等客户场景进行编队测试验证和载货运营，并实现了编队车型的首批客户交 付。 1月27日，新能源重卡企业DeepWay深向宣布完成Pre-IPO轮融资，总募集金额达11.77亿元。本轮融资由普华资本领投，ABC Impac ...

Core Viewpoint - 深向科技 is positioning itself as a leader in the global new energy heavy truck market, focusing on electrification and intelligent logistics solutions to drive the industry towards a zero-carbon, efficient, and safe future [2]. Financial Performance - The projected revenues for 深向科技 are as follows: RMB 426 million in 2023 and RMB 1.969 billion in 2024, with a significant increase to RMB 1.506 billion in the first half of 2025, representing a year-on-year growth of 97.53% [2][3]. - The company is expected to incur losses of RMB 266 million in 2022, RMB 389 million in 2023, and RMB 675 million in 2024, with a loss of RMB 371 million in the first half of 2025 [2][3]. Market Position - According to 灼识咨询, 深向科技 is ranked first in the global new energy heavy truck market based on projected sales for 2024 [2]. Leadership and Management - 万钧, the founder and CEO of 深向科技, has nearly 20 years of experience in the smart logistics and commercial vehicle industry and has held various leadership roles in related companies [4]. - The management team includes 王甲 as CFO and 徐上上 as CMO, both of whom have significant experience in finance and marketing, respectively [7]. Compensation - In 2024, the total compensation for 王甲 was RMB 2.83 million, for 徐上上 was RMB 2.173 million, and for 万钧 was RMB 3.959 million, marking significant increases from previous years [8].

Core Viewpoint - The company announced a joint investment in DeepX Technology Co., Ltd. by its wholly-owned subsidiary and an affiliated party, aiming to strengthen collaboration within the industry chain [1] Group 1: Investment Details - Shenzhen Qianhai Hongsheng Venture Capital Service Co., Ltd. will invest 50 million yuan in equity of DeepX Technology [1] - The investment aligns with the company's long-term business needs and strategic development [1] Group 2: Company and Industry Context - DeepX Technology is recognized as a global leader in new energy heavy trucks and intelligent road freight solutions [1] - The investment is part of the company's strategy to engage in equity investments in high-quality enterprises within its core industry [1]

Core Viewpoint - Shenxiang Technology Co., Ltd. has submitted its IPO prospectus to the Hong Kong Stock Exchange, aiming to lead the global electric heavy truck and smart road freight solutions market, addressing key industry pain points such as high carbon emissions, total ownership costs, and safety risks [3][6]. Financial Performance - The company reported revenues of RMB 426 million, RMB 1.97 billion, and RMB 762.61 million for the years 2023, 2024, and the first half of 2025, respectively [4]. - Net losses for the same periods were RMB 389 million, RMB 675 million, and RMB 371 million, accumulating a total loss of RMB 1.7 billion over three and a half years [3][4]. - As of June 30, 2025, the company had a net current liability of RMB 2.09 billion and a total liability of RMB 1.62 billion, with cash and cash equivalents of only RMB 593 million [4][5]. Market Opportunity - The global road freight market is projected to reach USD 3.9 trillion by 2024, highlighting the significant growth potential in the sector [3]. - The company aims to leverage electric and intelligent technologies to transition the road freight industry towards a zero-carbon, efficient, and safe logistics phase [3]. Competitive Landscape - The market for electric heavy trucks and smart road freight solutions is highly competitive, with many companies seeking to innovate in technology, quality, safety, and pricing [5][6]. - The company anticipates intensified competition due to increasing demand for electrification, regulatory pressures, globalization, and industry consolidation [6]. Supply Chain Risks - The company relies heavily on five major suppliers, with procurement amounts increasing significantly from RMB 56.6 million in 2022 to RMB 3.37 billion in 2024, representing a substantial portion of total procurement [6]. - Any failure by suppliers to meet their obligations could adversely affect vehicle production and sales of new energy heavy truck solutions [6][7]. Use of Proceeds - Funds raised from the IPO will be allocated to the continuous development and commercialization of core technologies, enhancing sales and after-sales service networks, infrastructure expansion, and general corporate purposes [9].

Core Viewpoint - Deepway is positioned to become a leading player in the new energy heavy truck market, similar to "NIO" in the electric vehicle sector, with significant backing from Baidu and local government support [5][8][19]. Company Overview - Deepway, founded in 2020, focuses on new energy heavy trucks and intelligent road freight solutions, with its headquarters in Hefei, a city known for its investment in technology [6][12]. - The company has established a strong partnership with Baidu, which holds a 17.28% stake and provides critical autonomous driving technology through a unique "white box" model [10][11]. Market Position and Growth - By 2025, Deepway is projected to rank first in the global new energy heavy truck market, having delivered approximately 6,400 units and serving 311 customers [7][14]. - The company reported revenues of 4.26 billion yuan in 2023, with a year-on-year growth of 97.6% [17]. Financial Performance - Despite rapid revenue growth, Deepway has incurred cumulative losses of 1.702 billion yuan over three and a half years, with significant investments in R&D [16][17]. - The company’s total assets and liabilities have increased significantly, indicating a high debt ratio [17]. Strategic Initiatives - Deepway is accelerating the construction of a smart factory to reduce manufacturing costs and is expanding its international market presence, targeting regions like the Middle East and Southeast Asia [18][19]. - The company aims for overseas sales to account for over 50% of its total by 2028, with a goal of exceeding 60% by 2030 [18]. Investment and Financing - Deepway has completed multiple rounds of financing, raising a total of 1.96 billion yuan, with investments from various notable institutions and local government funds [22]. - The company is positioned to leverage the growing demand for new energy heavy trucks in China, which saw a 198% year-on-year increase in sales from January to September 2023 [22]. Future Outlook - If Deepway successfully goes public, it could become the first smart driving heavy truck stock in Hong Kong, enhancing its brand and capital appeal while opening new opportunities in the intelligent new energy heavy truck sector [23].

Core Viewpoint - Deep Technology Co., Ltd. has submitted an application for listing on the Hong Kong Stock Exchange, aiming to enter the main board market [1] Group 1: Company Overview - The company is a global leader in new energy heavy trucks and intelligent road freight solutions [1] - It focuses on electrification and intelligent technology to drive the global road freight industry towards a new phase of zero carbon, high efficiency, and safe logistics [1]