Core Viewpoint - The company, Xidi Intelligent Driving Technology Co., Ltd., has submitted its application for listing on the Hong Kong Stock Exchange, showcasing significant revenue growth and a leading market position in the autonomous commercial vehicle sector in China [1][9]. Financial Performance - The company reported a revenue of 410 million RMB for 2024, representing a year-on-year growth of over 70%, with a gross margin of 24.7% [1][3]. - Revenue growth from 2022 to 2025 shows a steep increase from 31.06 million RMB to 4.1 billion RMB, indicating a more than 13-fold increase in just two and a half years [3][9]. - The company has incurred substantial losses, with figures of 263 million RMB, 255 million RMB, 581 million RMB, and 455 million RMB over the respective periods, highlighting a trend of increasing losses despite revenue growth [5][9]. Market Position - Xidi Intelligent Driving holds a 16.8% market share in the Chinese autonomous commercial vehicle market based on product sales revenue, making it the largest player in the autonomous mining truck solutions market [1][5]. - The company ranks sixth in the overall Chinese smart driving commercial vehicle market with approximately 5.2% market share [5]. Strategic Focus - The company focuses on autonomous driving solutions in closed environments, such as mining areas, ports, and logistics parks, which simplifies the implementation of technology and accelerates commercial deployment [2][9]. - The company aims to utilize the funds raised from the IPO for research and development, enhancing commercialization capabilities, integrating the supply chain, and expanding internationally [8][9]. Industry Outlook - The global autonomous commercial vehicle market is projected to reach 1.6158 trillion RMB by 2030, with a compound annual growth rate of 123% from 2023 to 2030 [6][8]. - The closed environment segment accounted for approximately 53.7% of the global autonomous commercial vehicle market in 2023, indicating a strong growth potential in this area [8].

智通财经APP获悉，10月31日，中国证监会国际合作司发布《关于希迪智驾科技股份有限公司境外发行上市及境内未上市股份"全流通"备案通知书》。公司 拟发行不超过7,789,150股境外上市普通股并在香港联合交易所上市。公司51名股东拟将所持合计37,035,912股境内未上市股份转为境外上市股份，并在香港 联合交易所上市流通。 根据灼识咨询的资料，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。 | 序号 | 股东名称 | 申请全流通股数(股) | | --- | --- | --- | | 1 | 新驱动香港有限合伙 | 11,443,151 | | 2 | 长沙港湾投资合伙企业(有限合伙) | 4.883.250 | | 3 | 北京红杉铭德股权投资中心(有限合伙) | 4,070,500 | | 4 | 珠海光控众盈产业投资基金合伙企业（有限合伙） | 872,250 ...