The leading enterprise in the mining area of unmanned driving, Easy Control Intelligent Driving (07687), landed on the Hong Kong stock market and received 20.6 billion yuan in institutional subscription.

Today (July 8), Easy Ride Intelligence Driving (07687) will officially be listed on the main board of the Hong Kong Stock Exchange. This global offering will issue a total of 26.132 million H shares, raising a total of approximately HK$2.298 billion, with a final offer price of HK$87.92 per share. During the roadshow, the company received strong market interest: the public offering was oversubscribed 158 times, with institutional orders of around HK$20.6 billion in international offering, and overall oversubscription (excluding cornerstone investors) of over 22 times. Cornerstone investors include industry leaders such as Zijin Mining Group and Xugong Group, as well as globally renowned long-term funds such as Fidelity International, JPMorgan Chase, BlackRock, GF Fund, and DH Investment. According to the prospectus, based on 2025 revenue, Easy Ride Intelligence Driving is ranked first in the Chinese commercial vehicle intelligent driving market. From 2023 to 2025, the company's total revenue will increase from 271 million yuan to 1.435 billion yuan, with a compound annual growth rate of 130.2%, and the overall gross profit margin will increase to 10.1%, showing steady performance growth.