港股又迎来一家自动驾驶公司。 近日，魔视智能科技（上海）股份有限公司（下称"魔视智能"）向港交所递交上市申请。经历8轮融资后，这家由上海交大博士带领的智驾企业终于要开 始冲刺资本市场了。 不过，虽然已交付逾330万套解决方案、用于92款车型。但激烈的市场竞争下，魔视智能过去3年累计亏损超6.6亿元，尚未实现盈利。 图源：公司官网 上交大博士车库创业 创始人虞正华出生于1972年，有丰富的学界和产业界经验，魔视智能是其二次创业的产物。虞正华拥有上海交通大学模式识别博士学位，并曾任博康智能 副总裁、澳大利亚国家信息通信技术研究院（NICTA）高级研究员、新南威尔士大学博士生导师等职。 | 姓名 | 明务 | 任职日期 | 性别 | 出生年份 | | --- | --- | --- | --- | --- | | 虞正在 | 董事会主席 | | | 1972 | 虞正华第一次创业是2008年，当时主要瞄准的是把AI应用到智能交通领域，诸如电子警察，交通事故监测这类项目，并最终在2015年前后登陆了上交所 主板。 那个时期，由于ImageNet上AlexNet的卓越表现，正在带动深度学习的兴起。彼时的虞正华也与同事做 ...

Core Insights - Momenta, a Chinese autonomous driving developer, is considering shifting its IPO location from New York to Hong Kong due to rising tensions between China and the U.S. [1] - The company has clarified that no final decision has been made regarding the IPO, including the location, and that reports of confirming a Hong Kong listing next year are inaccurate [1] - Momenta is seeking to raise new funding with a target valuation exceeding $5 billion, indicating a significant increase in its enterprise value [1][2] Group 1 - Momenta submitted a confidential IPO application in the U.S. last year and received approval, which expired in June this year, prompting the potential change in listing location [1] - The company is currently working with advisors to gauge investor interest for a new funding round, with an initial fundraising target of several hundred million dollars [1] - Reports regarding the new funding round's details and progress have been stated as inaccurate by a company spokesperson, who noted that specific details cannot be disclosed at this time [1] Group 2 - Momenta specializes in advanced driver-assistance systems (ADAS) similar to Tesla's autonomous driving technology, capable of navigating urban roads under human supervision [2] - The company has received investment support from notable entities such as Temasek Holdings, Tencent, and Jack Ma's Yunfeng Capital [2]

另外，Momenta正寻求开展新一轮融资，其目标估值远超50亿美元。作为优步（Uber）的中国合作伙 伴，这一估值水平意味着Momenta的企业价值将实现大幅跃升。 目前公司正与顾问合作，评估潜在投资者的兴趣，初步集资额为数亿美元，但最终金额可能会更高，具 体将取决于融资过程。针对新一轮融资的相关报道，Momenta发言人称，报道中提及的数据与进度并不 准确，但目前不便披露具体细节。 Momenta是中国高级辅助驾驶系统（ADAS）供应商，技术类似特斯拉的自动驾驶技术，可在人类驾驶 员监控下实现城市道路行驶导航。该公司已获得淡马锡控股、腾讯(00700)及马云旗下云锋基金(00376) 的投资支持。 智通财经APP获悉，据媒体报道，受到当前中美紧张局势升温影响，中国自动驾驶开发商Momenta正考 虑将首次公开发行地点从纽约转至香港。据指，Momenta告知部分投资者可能明年到香港上市，但计划 处于初步阶段且可能改变，上市时间、集资规模及估值尚未确定。对此，Momenta澄清，公司未就上市 计划作任何决定，包括上市地点，并称告知投资者有关确认明年在港上市的说法并不属实，公司也没有 公布或确认任何上市前融资行动 ...

对于本次回港IPO，禾赛科技联合创始人及首席科学家孙恺表示："过去十年，凭借芯片化架构与自动化生产体系，禾赛将原本10万美元、仅限科研机构 使用的激光雷达降至200美元，实现百万辆汽车搭载，让先进的安全和智能技术惠及大众。" 公开资料显示，禾赛科技于2014年10月成立，作为一家激光雷达研发与制造企业，其产品广泛应用于支持高级辅助驾驶系统（ADAS）的乘用车和商用 车、自动驾驶汽车，以及无人配送车、AGV等各类智能机器人应用。根据盖世汽车研究院报告，在主激光雷达供应商装机量方面，禾赛科技、华为科 技、速腾聚创、图达通装机量位列前四，市占率分别为33.0%、30.2%、27.4%、9.3%。 财务方面，今年二季度，禾赛科技实现营收7.06亿元，同比增长54%；净利润4400万元，实现扭亏为盈。交付表现方面，2025年上半年，禾赛科技的激光 雷达总交付量达54.79万台，同比增长276.2%，已经超过2024年全年。今年二季度，禾赛科技的激光雷达总交付量达35.21万台。其中，ADAS（高级驾驶 辅助系统）产品交付量为30.36万台，同比增长275.8%；机器人激光雷达产品交付量为4.85万台，同比大幅增长743 ...

Core Viewpoint - Heisai Technology is set to become the first company to achieve a dual listing on both the US and Hong Kong stock exchanges in 2023, aiming to enhance stock trading stability and shareholder value [1] Group 1: Company Performance - Heisai Technology, established in 2014, went public on NASDAQ in February 2023 as the "first Chinese lidar stock" [2] - The company reported a revenue of 706 million yuan in Q2 2025, marking a 54% year-on-year increase, and a net profit of 44 million yuan, indicating a return to profitability [2] - Total lidar deliveries reached 352,100 units in Q2, a significant increase of 306.9% year-on-year, with ADAS product deliveries at 303,600 units, up 275.8% [2] - For the first half of 2025, total lidar deliveries were 547,900 units, reflecting a 276.2% year-on-year growth, surpassing the total deliveries for the entire year of 2024 [2] Group 2: Market Opportunities - In the robotics sector, Heisai delivered 98,262 units in the first half of the year, a staggering increase of 692.9% year-on-year [3] - The company aims to leverage its listing to capture market opportunities and accelerate growth, believing it will achieve a more reasonable valuation and better showcase its value globally [3] Group 3: Industry Trends - The recent listing of Heisai Technology signals a potential acceleration in the return of Chinese concept stocks to Hong Kong, which had slowed down significantly over the past two years [4] - Since the reform of the Hong Kong Stock Exchange listing system in 2018, 33 Chinese concept stocks have listed in Hong Kong, but the pace has recently diminished [4] - The successful hearing for Heisai Technology indicates a reopening of the channel for other companies considering a return to Hong Kong, with several firms reportedly exploring this option [4][5]