New Stock News | Smartech is currently in the stage of preparing for listing, and prefers to list in Hong Kong.
Hong Kong-based unicorn company Simu Technology, which received investment from a Hong Kong venture capital company last year, has completed four rounds of financing, with Series A and B rounds totaling over 300 million US dollars. The management of the company revealed last month during an interview that the company is currently in the preparation stage for going public, and Hong Kong will be its preferred destination for the IPO.
Last year, Hong Kong-produced unicorn company Smarter Technology, which received investment from a Hong Kong investment company, has completed four rounds of financing, with a total of over $300 million in Series A and B financing. Last month, the company's management revealed in an interview that the company is currently in the stage of preparing for an IPO and will prefer Hong Kong as the listing destination.
It is reported that Smarter Technology is an industrial intelligent body enterprise, focusing on integrating "large model + full-stack Siasun Robot&Automation technology", with enterprise customers mainly using its products for intelligent manufacturing. Lv Jiangbo stated that the company has built a complete industrial intelligent body software and hardware product ecosystem, including self-developed industrial multimodal large models, which are applied in areas such as consumer electronics, new energy, automobile manufacturing, and precision industries.
Smarter Technology has operations in both Hong Kong and Shenzhen. Lv Jiangbo, co-founder and chief technology officer of Smarter Technology, said that the company focuses on technological innovation at its Hong Kong headquarters and will negotiate cooperation with international clients through its Hong Kong headquarters, bringing in top overseas experts. In Shenzhen, the company aims to industrialize its technology by establishing research and development centers and intelligent manufacturing factories to quickly transform technology into industrial solutions. Lv Jiangbo stated that Smarter is expanding into markets such as Germany and Japan, and actively participating in international standard-setting, including intelligent manufacturing frameworks and standards related to machine vision.
Lv Jiangbo mentioned that the company's personnel size has reached several hundred people, reaching the level of a medium-sized company. He also revealed that Smarter's actual performance growth has remained extremely fast over the past four to five years, even during the pandemic, and in the past two to three years, its revenue quality and diversification level have also significantly improved.
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