New stock news | Nio submits application to Hong Kong Stock Exchange for the third time

According to the disclosure on November 18th by the Hong Kong Stock Exchange, Norbicun Artificial Intelligence Technology (Chengdu) Co., Ltd. (referred to as Norbicun) has submitted an application to the Hong Kong Stock Exchange Main Board, with CICC as its exclusive sponsor. This is the company's third application to the Hong Kong Stock Exchange. According to Zhuoshi Consulting, based on the revenue related to track transportation and power in 2024, the company is the second largest AI+ power detection and monitoring system provider in China, with a market share of approximately 5.9%. Additionally, based on track transportation revenue in 2024, the company ranks third among companies in China's track transportation industry that provide AI+ detection and monitoring solutions, with a market share of approximately 1.8%. The company focuses on the industrial application of advanced technologies such as AI and digital twins in the fields of transportation, energy, and urban governance. The company mainly provides integrated software and hardware solutions based on comprehensive AI industry models for monitoring, detection, and operation purposes.