Group 1: Recent IPOs on Hong Kong Stock Exchange - Two companies listed on the Hong Kong Stock Exchange from August 25 to August 31 [2] - Shuangdeng Group Co., Ltd. (6960.HK) listed on August 26, focusing on energy storage batteries, with a first-day increase of 31.29% and a market cap of approximately HKD 73 billion [3] - Jiaxin International Resources Investment Co., Ltd. (3858.HK) listed on August 28, specializing in tungsten mining, with a first-day increase of 177.84% and a market cap of approximately HKD 148 billion [3] Group 2: New Stock Offerings - One company completed its new stock offering during the week of August 25 to August 31 [4] - Aux Electric, a global provider of high-quality air conditioning solutions, went through the listing hearing [5] Group 3: Companies Submitting Listing Applications - A total of 22 companies submitted main board listing applications and one company submitted a GEM listing application from August 25 to August 31 [7] - Notable companies include: - Nazhen Technology, a global provider of optical communication solutions, submitted its application on August 25 [8] - Chengdu Guoxing Aerospace Technology Co., Ltd., a participant in China's commercial aerospace industry, submitted its application on August 25 [9] - InxMed Limited-B, a biotech company focused on cancer treatment, submitted its application on August 25 [9] Group 4: Financial Performance and Projections - Nazhen Technology projected revenues of CNY 5.043 billion, CNY 4.239 billion, and CNY 5.087 billion from 2022 to 2024, with profits of CNY 429 million, CNY 216 million, and CNY 89 million respectively [18] - Guoxing Aerospace projected revenues of CNY 177 million, CNY 508 million, and CNY 553 million from 2022 to 2024, with losses of CNY 91 million, CNY 139 million, and CNY 177 million respectively [20] - InxMed Limited-B reported no commercial sales revenue for 2023 and 2024, with losses of CNY 209 million and CNY 185 million respectively [23] Group 5: Industry Insights - The energy storage battery market is growing, with Shuangdeng Group focusing on applications in communication base stations and data centers [3] - The tungsten mining sector is highlighted by Jiaxin International, which is developing the Bakuta tungsten mine in Kazakhstan [3] - The optical communication sector is represented by Nazhen Technology, which ranks fifth globally in optical module revenue [18]

Seyond Holdings Ltd.(简称：图达通)于2月12日所递交的港股招股书满6个月，于8月12日失效。去年12月底，TechStar Acquisition Corporation(简称： TechStar(07855))宣布与该公司及其全资子公司Merger Sub签订业务合并协议，达成特殊目的收购公司并购交易(SPAC并购交易)。 | 12/02/2025 | Seyond Holdings Ltd. (透過與TechStar Acquisition Corporation的特殊目的收購公司並購交 | | --- | --- | | | 26/02/2025 整體協調人公告 - 委任（經修訂） 四 | | | 12/02/2025 申請版本（第一次呈交） 全文檔案 [四] 多檔案 | | | 前提交文件: | | | 12/02/2025 整體協調人公告 - 委任 歴 | 港交所披露显示，于2024年12月20日，TechStar 与图达通(即目标公司)及Merger Sub(目标公司的全资附属公司)订立业务合并协议，内容有关合并；(2)与目 标公司及 PIPE投资者订立PIPE投资协议，内容 ...

港交所披露显示，于2024年12月20日，TechStar 与图达通(即目标公司)及Merger Sub(目标公司的全资附属公司)订立业务合并协议，内容有关合并；(2)与目 标公司及 PIPE投资者订立PIPE投资协议，内容有关PIPE投资；(3)与目标公司及发起人订立发起 人禁售协议；(4)与目标公司及目标公司单一最大股东集团成 员订立目标公司股东禁售协议；及(5)进行TechStar上市权证修订。 特殊目的收购公司并购交易将导致TechStar与目标集团进行业务合并，且目标公司作为继 承公司于联交所上市。 图达通是设计、开发及生产车规级激光雷达解决方案的全球领导者。根据灼识咨询的资料，2023年，图达通交付总计超过147,000台车规级激光雷达，2023 年ADAS激光雷达解决方案销售收入全球排名第一。截至最后实际可行日期，蔚来已选择在其九款车型上采用图达通的激光雷达解决方案。 智通财经APP获悉，Seyond Holdings Ltd.(简称：图达通)于2月12日所递交的港股招股书满6个月，于8月12日失效。去年12月底，TechStar Acquisition Corporation(简称：TechS ...

Core Viewpoint - TudaTong Holdings Ltd plans to go public through a merger with the Hong Kong SPAC TechStar Acquisition Corporation, with the merger agreement signed in December 2022 [2]. Company Overview - TudaTong specializes in designing, developing, and manufacturing automotive-grade LiDAR solutions, having delivered over 147,000 units in 2023, ranking first globally in sales revenue for ADAS LiDAR solutions [2]. - NIO has chosen TudaTong's LiDAR solutions for nine of its vehicle models [2]. Financial Performance - TudaTong reported revenues of $66.3 million in 2022, $121.1 million in 2023, and $118.5 million in the first three quarters of 2024, with losses of $188.2 million, $219 million, and $130 million respectively [3][4]. - The loss in the first three quarters of 2024 narrowed by 17.72% compared to the previous year [3]. - The gross loss margin improved from -62.3% in 2022 to -15.2% in the first three quarters of 2024 [4]. Valuation and Investment - Prior to the IPO, TudaTong's valuation reached HKD 11.7 billion (approximately RMB 11 billion), representing a 115-fold increase since its valuation of $13 million in 2016 [4].