New stock news | Autel Intelligent Technology Corp., Ltd. (688208.SH) files listing application to Hong Kong Stock Exchange

According to the disclosure by the Hong Kong Stock Exchange on December 19th, Shenzhen Autel Intelligent Technology Corp., Ltd. (688208.SH) has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with CICC as its exclusive sponsor. The prospectus shows that Autel Intelligent Technology Corp., Ltd. is a leading provider of intelligent vehicle diagnosis and smart charging solutions. According to data from Frost & Sullivan, based on revenue calculations for 2022, 2023, and 2024, the company is the world's leading provider of intelligent vehicle diagnosis solutions, with its market share growing from 9.1% in 2022 to 11.1% in 2024. Based on overseas revenue in 2024, the company is the largest provider of smart charging solutions in China, and based on revenue in 2024, the company is the fourth largest provider of charging solutions in North America, and also the largest provider of Chinese smart charging solutions in North America.