Core Viewpoint - HuanChuang Technology has submitted its application to the Hong Kong Stock Exchange, with CICC and Guosen Securities Hong Kong as joint sponsors [1] Group 1: Market Position - According to Zhaoshang Consulting, HuanChuang Technology is the leading player in the global space perception solutions for robotic vacuum cleaners, holding over 50% market share in the LiDAR product segment based on 2024 revenue projections [1] Group 2: Product Offerings - The company has a diversified product matrix that includes traditional triangulation LiDAR, dTOF LiDAR, 3D TOF LiDAR, and line laser sensors [1] - HuanChuang Technology possesses self-developed sub-millimeter AI spatial data processing chip design and core AI algorithm capabilities [1] Group 3: Technological Innovation - The company utilizes a unique consumer-grade CIS combined with self-developed ASIC chip technology, achieving cost-effectiveness, high positioning accuracy, and commercial scalability [1] - HuanChuang Technology's AI-enabled solutions can address environmental challenges such as lighting, materials, and textures, enabling sub-millimeter high-precision measurements and supporting wireless updates [1] Group 4: Client Relationships - The company has established long-term partnerships with major clients in the smart robotics sector, serving as a core supplier to four of the top five robotic vacuum cleaner companies [1]