New stock news | Multi-spectral AI technology company Haiqing Zhiyuan passes the Hong Kong Stock Exchange hearing with three core technologies.

According to the disclosure from the Hong Kong Stock Exchange on June 9th, Shenzhen Haiqing Zhiyuan Technology Co., Ltd. (Haiqing Zhiyuan) has conducted a listing hearing on the main board of the Hong Kong Stock Exchange, with CMBC CAPITAL and Pu Yin International acting as its joint sponsors. According to the prospectus, the company is a Chinese multispectral AI technology enterprise specializing in acquiring, processing, and analyzing optical information from multiple specific spectral bands to provide more detailed information than visible light imaging. Relying on self-developed technology in the field of multispectral sensing and AI algorithms, the company offers products and services that can detect spectral information visible and invisible to the human eye. These products and services include: (1) multispectral AI modules, which are embedded hardware components for collecting and processing multispectral data (including visible light, infrared, and ultraviolet) through AI algorithms for integration into third-party devices; (2) multispectral AI perception terminals, which integrate multispectral sensors, enhanced multispectral AI algorithms, and standard hardware components to provide real-time perceptual insights; and (3) multispectral AI large model services, which provide large model solutions incorporating the company's independently developed Zhiyuan Origin large model. These solutions enable higher-dimensional perception and security monitoring, providing additional information for various customers engaged in software and information technology services, electronic products, internet data centers (IDCs), intelligent driving systems, telecom operators, IoT system integration and construction-related businesses, related to broad security and intelligent perception. The company's technology is widely used across various applications beyond traditional security solutions, including smart cities, smart campus management, optimization of internet data center security, industrial and commercial security, and IoT facility management, demonstrating the broad applicability of the companys multispectral AI solutions. According to Frost and Sullivan data, the company's multispectral AI modules and multispectral AI large model services are subsets of the multispectral AI market, which forms part of the broader intelligent perception market. By 2025, the Chinese multispectral AI module and multispectral AI large model service industries are expected to account for approximately 27.5% and 7.5% of the total Chinese multispectral AI industry, respectively. At the same time, the Chinese multispectral AI industry is expected to make up about 5.9% of the total Chinese intelligent perception industry. Since its establishment in 2013, the company has developed a comprehensive product and service portfolio covering multispectral AI modules, multispectral AI perception terminals, and multispectral AI large model services. The company's technical expertise covers a wide range of fields such as AI, optical electronics, integrated circuits, embedded systems, security engineering, and cloud computing. As of the latest feasible date (June 1, 2026), the company has registered 101 invention patents and 46 software copyrights, and actively participated in the drafting of around ten national standards and industry standards in the broad security industry. Based on over a decade of technical accumulation in the multispectral AI industry, the company has accumulated experience in research and product design, and has built a comprehensive light and image analysis technology architecture, including three core technologies: (1) Spectral perception algorithm integration; (2) Lightweight edge AI computing; and (3) Multispectral AI large model platform. In terms of performance, in the financial years 2023, 2024, and 2025, the company's revenue was approximately RMB 117 million, RMB 523 million, and RMB 669 million, respectively, with a compound annual growth rate of approximately 138.9%. It is worth noting that the company recorded a loss of RMB 18.413 million in the 2023 financial year, but turned a profit in the 2024 and 2025 financial years, with profits of RMB 40.412 million and RMB 29.354 million, respectively.