每经记者｜蔡鼎 每经编辑｜杨夏 四维智联申请文件援引弗若斯特沙利文资料称，2024年，公司在所有国内一级智能座舱解决方案供应商 中排名第十，占市场份额的0.1%，并在全球以软件为驱动的中国一级供应商中排名第三，而公司的舱 泊一体解决方案的服务量在全国排名第二。 港交所官网7月10日显示，四维智联（南京）科技股份有限公司（以下简称"四维智联"）递交了修订后 的整体协调人公告，公司于当日在现有保荐人兼整体协调人中信里昂的基础上，进一步委任招银国际融 资有限公司及软库中华金融服务有限公司为其整体协调人。 《每日经济新闻》记者注意到，这是近期以来第二家内地拟赴港上市的智能座舱企业——就在6月30 日，镁佳股份也首次呈交了港股上市申请文件。 纵观四维智联申请文件，公司虽身处千亿级赛道，但只分到0.1%的份额，营收连续三年卡在5亿元关 口，且三年累计亏损了近8.5亿元。此外，虽有控股股东四维图新"输血"，但四维智联去年的研发支出 就"吃掉"了近半收入，芯片成本又居高不下，经调整净亏损三年增长约8.8倍。 四维智联成立于2018年，由A股上市公司四维图新智能网联业务分拆独立，主营智能座舱软硬件全栈解 决方案，涵盖AI（人工 ...

Group 1 - The core viewpoint is that Siwei Zhiliang, a subsidiary of Siwei Tuxin, has submitted an application for a mainboard listing on the Hong Kong Stock Exchange, aiming to raise funds to establish independent production capacity and enhance R&D capabilities [2] - Siwei Zhiliang was established in 2018 and specializes in providing full-stack solutions for intelligent cockpit software and hardware, including AI assistants and interactive systems [2] - The company ranks tenth among domestic first-tier suppliers in 2024 with a market share of 0.1%, while its integrated cockpit solution service volume ranks second nationwide [2] Group 2 - Siwei Zhiliang's financial performance has been under pressure, with revenues of 539 million yuan, 477 million yuan, and 479 million yuan from 2022 to 2024, accumulating losses of 847 million yuan over three years [2] - The net loss is expected to widen to 378 million yuan in 2024, primarily due to an increase in R&D expenditure from 21% to 43.8% and high outsourcing costs for hardware [2] - The top five customers contributed 92.2% of Siwei Zhiliang's revenue in 2024, with Siwei Tuxin and Didi being the largest contributors [2] Group 3 - Industry analysts believe that Siwei Zhiliang is facing three pressures: ongoing operational losses, upstream chip monopolies, and excessive reliance on major customers [3] - Balancing high R&D investment with the exploration of profitable pathways is seen as crucial for Siwei Zhiliang's potential success in its IPO [3]