Core Viewpoint - AIWB INC. has submitted an application for an IPO on the Hong Kong Stock Exchange, aiming to raise funds to expand its business in Southeast Asia, with a focus on the smart property construction sector [1][13]. Company Background - AIWB was founded in October 2016 in the United States by co-founders Qiao Tingfu and Li Danting, both of whom have extensive experience in the property construction industry [4][8]. - Qiao Tingfu, the CEO and Chairman, has over 20 years of experience in the property construction sector and previously served as the Executive Vice President of Contemporary Land [4][6]. - Li Danting, the COO and co-founder, has over 10 years of project management experience and has held significant roles in property management [7][8]. Business Model - AIWB is the first one-stop smart property construction solution provider in the United States, focusing on the residential property market in Texas, particularly in major cities like Houston, Dallas, and Austin [10]. - The company offers comprehensive services throughout the construction project lifecycle, including project planning, general contracting, and building materials sales [11]. Financial Performance - AIWB's revenue for the years 2022 to 2024 was approximately $103 million, $121 million, and $105 million, respectively, with a compound annual growth rate of 1.32% [12]. - The company achieved a net profit of approximately $620,400 in 2023, marking a turnaround from previous losses [12]. - The gross profit margin has shown a steady increase, reaching 16.8% in 2024 [12]. IPO Purpose and Future Plans - The funds raised from the IPO will be used to enhance the smart building platform's R&D capabilities, expand the sales team, and penetrate existing markets more deeply [13]. - AIWB plans to establish new offices in cities such as San Antonio, Phoenix, Orlando, Vancouver, Toronto, Singapore, and Jakarta over the next five years [13]. - The company aims to expand its market share in high-growth domestic regions and specific international markets [13]. Market Position - AIWB is recognized as a pioneer in the Texas smart property construction market, leveraging advanced technology to enhance construction processes [10][11].

Core Viewpoint - AIWB INC. is preparing for an IPO on the Hong Kong Stock Exchange to raise funds for expanding its business in Southeast Asia, leveraging its founders' experience in the real estate sector [1][12]. Company Background - AIWB was established in October 2016 in the United States by co-founders Qiao Tingfu and Li Danting, both of whom have extensive backgrounds in the real estate industry [3][7]. - Qiao Tingfu, the CEO and Chairman, has over 20 years of experience in property construction and previously served as Executive Vice President at Contemporary Land [3][4][6]. - Li Danting, the COO, has over 10 years of project management experience and has also held significant roles in Contemporary Land [7]. Business Model and Services - AIWB is the first one-stop smart property construction solution provider in the U.S., focusing on the residential property market in Texas, particularly in major cities like Houston, Dallas, and Austin [9]. - The company offers comprehensive services throughout the construction project lifecycle, including project planning, general contracting, and building materials sales [9][10]. - AIWB utilizes its WBS digital platform to enhance operational efficiency by integrating data analysis and robotic technology into its services [10]. Financial Performance - AIWB's revenue for the years 2022 to 2024 was approximately $103 million, $121 million, and $105 million, respectively, with a compound annual growth rate of 1.32% [10]. - The company achieved a net profit of approximately $6.2 million in 2022 and $12.6 million in 2023, marking a turnaround from previous losses [10]. - Gross margins improved from 5.41% in 2022 to 16.8% in 2024, indicating enhanced operational efficiency [11]. IPO Purpose and Future Plans - The funds raised from the IPO will be used to enhance the smart building platform's R&D capabilities, expand the sales team, and penetrate new markets in the U.S. and internationally [12]. - AIWB plans to establish new offices in cities such as San Antonio, Phoenix, Orlando, Vancouver, Toronto, Singapore, and Jakarta over the next five years [12].

Core Viewpoint - AIWB INC. has submitted a listing application to the Hong Kong Stock Exchange, with the aim of becoming the first one-stop smart property building solutions provider in the United States, focusing on the residential property market in Texas [1][4]. Company Overview - AIWB specializes in providing comprehensive services throughout the lifecycle of building projects, including project planning and design, general contracting, and building materials sales [4]. - The company operates through subsidiaries, with TexasConsulting offering planning and design services, WanPacific acting as the general contractor, and WBHome managing building materials sales [4]. Digital Platform - The WBS platform integrates data analysis and robotic technology to streamline workflows, enhancing efficiency and transparency for stakeholders involved in building projects [5]. - Since the full adoption of the WBS platform in 2022, AIWB has seen significant operational improvements by integrating five core work modules [5]. Business Growth - The number of project companies served by AIWB increased from 19 in 2022 to 22 in 2023, and then to 21 in 2024, with completed residential units rising from 331 to 709 over the same period [5]. - As of May 31, 2025, the company served 31 project companies and completed 131 residential units [5]. Financial Performance - AIWB's revenue for the fiscal years 2022, 2023, 2024, and the five months ending May 31, 2025, were approximately $103 million, $121 million, $105 million, and $43.3 million respectively [7]. - The company reported a total comprehensive income (loss) of -$347,000, $6.2 million, $12.6 million, and -$531,000 for the same periods [7][8].