New stock information | The prospectus for the IPO of Wing Fei Intelligent Hong Kong Stock is invalid.

Zhejiang Yifei Intelligent Technology Co., Ltd. (referred to as Yifei Intelligent) submitted its Hong Kong stock prospectus on June 30, which expired after 6 months on December 30, with Agricultural Bank International as its exclusive sponsor. The prospectus shows that Yifei Intelligent is a leading comprehensive industrial Siasun Robot & Automation company in China, focusing on the design, research and development, manufacturing, and commercialization of industrial Siasun Robot & Automation, providing comprehensive solutions in the field and deeply cultivating the light industry sector. With independently developed Siasun Robot & Automation body, control and vision systems, and manufacturing processes, the company has established a strong technology ecosystem with full coverage, realizing scalable intelligent decision-making, environmental perception, precise control, and autonomous movement. According to a Frost & Sullivan report, based on revenue projections for 2024, Yifei Intelligent is ranked fifth among domestic enterprises in China focused on industrial Siasun Robot & Automation and related solutions in the light industry sector. According to the same source, the company is also one of the few in China with comprehensive coverage of industrial Siasun Robot & Automation and related solutions on a large scale, helping businesses in various industries improve production efficiency, optimize production costs, enhance product quality, and ultimately drive their transition to intelligent operations.