New stock news | Yihong Intelligent to submit application to Hong Kong Stock Exchange

According to the disclosure by the Hong Kong Stock Exchange on May 29th, Guangzhou Yihong Intelligent Equipment Co., Ltd. (referred to as Yihong Intelligent) has submitted its listing application to the main board of the Hong Kong Stock Exchange, with GUOTAI JUNAN I and Orient International as its joint sponsors. The prospectus shows that Yihong Intelligent is a leading Chinese provider of intelligent equipment and solutions for lithium battery manufacturing, empowered by its own machine vision and AI algorithm technology. The company's history can be traced back to 2014, and since its establishment, Yihong Intelligent has been accumulating capabilities in underlying vision algorithms and precision drive control technology. After years of development, the company has become one of the few in the industry able to deeply embed machine vision technology into integrated intelligent equipment solutions in the manufacturing process control. The company's main businesses include manufacturing and sales: lithium battery machine vision inspection solutions; and integrated intelligent equipment for lithium batteries.