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To-be Listed (Grey Market Trading Session: 16:15-18:30)
Name
/
Code
Industry Listing Price Lot Size Entry Fee Phillip Grey Market Futu (HK) Grey Market
REFIRE
02570.HK
Grey Market Today
Electrical Components & Equipment Pending 20 3,333
-
-
Detail Quote
Dmall
02586.HK
Grey Market Today
Application Software 30.210 100 N/A
-
-
Detail Quote
Last update: 2024-12-05 08:30:05
Name
/
Code
Industry Offer Price Lot Size Entry Fee Closing Date
Grey Market Date
Listing Date
Mao Geping
01318.HK
Beauty & Toiletries Products and Services 26.3-29.8 100 3,010 2024/12/05 2024/12/09 2024/12/10
Summary
We are a fast-growing enterprise AI solutions provider in China. Leveraging our research capabilities in deep learning, we have developed proprietary computer vision and machine learning AI technologies to empower businesses in China. Through integration of AI technologies with our industry insights, we offer full-stack AI-based products and solutions to enable businesses to reduce costs, improve operational efficiency, and optimize decision-making. In less than three years since our inception, we have established our brand in enterprise AI solutions industry in China. According to Frost & Sullivan, in 2020, we were the third largest AI technology driven solution provider in enterprise AI solutions market in China in terms of revenue with 0.3% market share among more than 1,500 market players. We focus on developing and delivering AI-based products and solutions for the manufacturing and financial services industries in China.

At the early stage of development since our inception, we assembled our core R&D team comprising of Mr. Zhang Fa’en, our CTO, and approximately 40 algorithm engineers. In November and December 2018, we obtained our first copyrights and applied for a series of patents in machine learning and computer vision, respectively. As a result of our R&D efforts we developed our proprietary computer vision and machine learning AI technologies, which have won some of the most prestigious international AI challenges. See “Business – Awards and recognitions.” According to Frost & Sullivan, we are one of the nine companies in China with proprietary deep learning platforms.

Our AI platforms enable us to accumulate a repertoire of AI technology assets. They also enable us to accumulate and iterate algorithm models and build an ever growing algorithm model library, or Model Zoo, for reusing in our AI-based products and solutions.

Our industry know-how comprises the knowledge and experience in serving customers across various industry verticals with AI technology. It contributed in accelerating our R&D processes by focusing our efforts in areas with potential commercialization opportunities, and enhancing competitiveness of our proprietary technologies and offerings of products and cost savings. Our technology assets are mostly developed during the R&D process, offerings of products and services, solution development and project delivery.

In addition, we are building an open architecture technology platform to attract more participants along the AI industry value chain and deepen the cooperation with various industry participants. We plan to enhance our ManuVision and MatrixVision platforms compatibility to connect with more devices and applications from different industry participants via WiFi or 5G network. We believe such enhancement will attract more participants in the value chain of the AI industry.

Source: AInnovation Tech (02121) Prospectus (IPO Date : 17/01/2022)
Listing Market MAIN
Industry Application Software
Background H Shares
Major Business Area N/A
Corporate Information
Substantial Shareholders Wang Hua & Associates (Total share: 27.33%); (H share: 27.33%)
Xu Hui (Total share: 14.37%); (H share: 14.37%)
[03908] China International Capital Corporation Limited (Total share: 8.81%); (H share: 8.81%)
SoftBank Group Corp. (Total share: 6.96%); (H share: 6.96%)
Directors Kai Fu Lee (Chairman and Non-Executive Director)
Xu Hui (Chief Executive Officer and Executive Director)
Wang Hua (Non-Executive Director)
Wang Jinqiao (Non-Executive Director)
Jin Keyu (Independent Non-Executive Director)
Ko Wing Yan Samantha (Independent Non-Executive Director)
Xie Deren (Independent Non-Executive Director)
Company Secretary Kwan Sau In
Lv Hongyu
Principal Bankers Bank of China Limited
Solicitors Clifford Chance
King & Wood Mallesons
Auditors PricewaterhouseCoopers
Registered Office 5th Floor, Manulife Place, 348 Kwun Tong Road, Kowloon, Hong Kong
Share Registrars Computershare Hong Kong Investor Services Ltd. [Tel: (852) 2862-8628]
Share Registrars Tel No (852) 2862-8628
Internet Address https://www.ainnovation.com
Email Address ir@ainnovation.com
Tel No (86 10) 8216-9566
Fax No
 
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