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IPO Plus - IPO

To-be Listed (Grey Market Trading Session: 16:15-18:30)
Name▼
/
Code▲
 Industry Listing Price Lot Size Entry Fee Phillip Grey Market Futu (HK) Grey Market
IMPACT Therap-B
07630.HK
Grey Market Today
 Biotechnology - Pharmaceuticals Pending 200 4,393.88
-
-
 Detail Quote
Metis TechBio-P
07666.HK
Grey Market Today
 Next-generation information technology 10.500 500 5,302.95
-
-
 Detail Quote
Last update: 2026-05-12 12:29:42
Name▼
/
Code▼
 Industry Offer Price Lot Size Entry Fee Closing Date
Grey Market Date▼
Listing Date▲
Robotphoenix
06871.HK		 Advanced hardware and software 30.5 100 3,080.75 2026/05/13 2026/05/15 2026/05/18
UISEE Tech
01511.HK		 Auto Parts & Equipment 60.3 50 3,045.40 2026/05/15 2026/05/19 2026/05/20
Top NC
07688.HK		 Industrial Machinery 26.39 100 2,665.61 2026/05/15 2026/05/19 2026/05/20
UISEE Tech (01511.HK)
Summary
We are a provider of autonomous driving solutions specializing in driverless L4 technology in Greater China. We are currently focused on commercial vehicles in closed scenarios especially at airports and factories, while our solutions are all-scenario, having been applied to both open and closed scenarios featuring logistics, operation and mobility vehicles, and encompassing autonomous driving levels from L2 to L4. In particular, our market share among the L4 autonomous driving solutions market for commercial vehicles in closed scenarios in terms of revenue in 2025 in Greater China is 3.1% according to Frost & Sullivan. In 2023, 2024 and 2025, 99.6%, 98.6% and 99.0% of our revenue was generated from the Chinese Mainland and Hong Kong. Our market position is underpinned by:

‧ ranking as No.1 L4 autonomous driving solutions provider for commercial vehicles in both airport scenario and factory scenario in Greater China in terms of revenue in 2025 with the respective market share of 90.5% and 31.7%, dedicated to advancing our research and application across a wide range of closed and open scenarios;

‧ being the only provider worldwide to have created L4 autonomous driving solutions for airports in large-scale commercial operations, meeting the highest international safety standards;

‧ offering cost-effective expansion across diverse application scenarios through coverage of both passenger and commercial vehicles, leveraging our technology foundation, industry data, know-how and a wide range of standardized autonomous driving vehicles and kits covering a variety of application scenarios we have developed;

‧ serving a blue-chip customer base, including 35 Fortune China and Global 500 companies, as a testament to the high recognition of our autonomous driving solutions among leading and reputable enterprises across industries.

Over the years, we have been devoted to the R&D, evolution and innovation of L4 autonomous driving solutions, and our e n d e av o r s in R&D resulted in significant accomplishments, evidenced by a proven history of in-house development of core technologies that cover our vehicle- and cloud-based AI capabilities and safety framework, multiple iterations of our U-Drive systems and solutions expanded into new scenarios and sectors, intellectual properties creation and industry recognitions.

OUR BUSINESS

Our core offerings include autonomous driving solutions that serve corporate customers such as airports, factories, as well as commercial and passenger car manufacturers.

These solutions include commercial vehicles equipped with L4 autonomous driving capabilities, autonomous driving kits, software solutions, and leasing services. Our L4 vehicles are designed to operate without standby safety drivers, enabling driverless functionality in applicable scenarios. By enabling the deployment of autonomous driving in diverse environments—from closed scenarios to open operations—we empower our business partners with tailored, industry-specific commercial applications.

Since our inception, we have been dedicated to providing AI-empowered autonomous driving solutions, with a particular focus on closed scenarios such as airports, factories, ports and mining areas, and open scenarios such as logistics, bus, and other domains. We also strive to expand our autonomous driving solutions across various other industry verticals and scenarios. Our L4 autonomous driving technology is designed to tackle human resource shortages and overcome challenges posed by complex operational conditions and harsh environments. Key application areas include:

‧ Airports: We are the only provider worldwide to have created L4 autonomous driving solutions for airports in large-scale commercial operations, according to Frost & Sullivan. We have successfully implemented autonomous electric tractors (“AETs”), autonomous shuttle buses (“ASB”) and autonomous patrol cars (“APCs”) and related software and hardware to realize driverless baggage and cargo towing, shuttle and patrol services at HKIA. The success of the HKIA project and our long-standing relationship with HKIA demonstrates our ability to deliver autonomous driving solutions that meet the stringent safety and technical standards of international airports. As of the Latest Practicable Date, we had commenced collaboration with 17 airports in China, three overseas airports, and been in exploration of collaboration with four airports in China and globally, establishing a strong presence in the airport transportation sector and showcasing the scalability and adaptability of our solutions and services. The revenue from airports scenario accounted for 71.2%, 58.7% and 38.9%, respectively, of our revenue from autonomous driving vehicle solutions and autonomous driving vehicle leasing services in aggregate in 2023, 2024 and 2025. Our revenue from autonomous driving kit solutions and autonomous driving software solution cannot be broken down by application scenarios as the relevant products are universally applicable on different application scenarios, and the actual end use is beyond our control or knowledge after their delivery to the customers.

‧ Factories: We provide end-to-end autonomous logistics solutions that enable autonomous delivery of raw materials, samples, parts, semi-finished goods, finished goods from indoor to outdoor, and from outdoor to indoor, evolving from controlled factory environments to open-road applications. For indoor operations, our autonomous vehicles can operate without GPS using scenario memory. For outdoor operations, our autonomous vehicles can operate in mixed traffic and all-weather conditions. According to Frost & Sullivan, in 2025, we were one of the largest L4 autonomous driving solutions providers to provide autonomous driving solutions enabling both indoor and outdoor autonomous operation, which required a great deal of industry experience and data through solving many difficult corner cases. Our solutions and services cover various industries, including automotive, chemical, photovoltaic, and lithium battery manufacturing. The revenue from factories scenario accounted for 22.2%, 25.8% and 21.4%, respectively, of our revenue from autonomous driving vehicle solutions and autonomous driving vehicle leasing services in aggregate in 2023, 2024 and 2025. Our revenue from autonomous driving kit solutions and autonomous driving software solution cannot be broken down by application scenarios as explained above.

‧ Other Scenarios: Beyond airports and factories, where we already offer an all-in-one autonomous driving vehicle solutions, we have been expanding the application scenarios of our autonomous driving solutions to cities, ports, mines, farms and ranches with our autonomous driving kit solutions.

In Chinese Mainland, Hong Kong and other overseas countries we have operations such as Singapore, outdoor operations in closed scenarios are generally not subject to regulatory restrictions; while those in open scenarios are subject to approvals or licenses by the regulatory authorities, which shall be obtained by the operating entities, i.e. our customers.

Our legal department has been closely monitoring the regulatory requirements in the countries and regions we operate, and we did not encounter any non-compliance incidents in this regard during the Track Record Period and up to the Latest Practicable Date.



Source: UISEE Tech (01511) Prospectus (IPO Date : 2026/05/12)
Listing Market MAIN
Industry Auto Parts & Equipment
Background Others
Major Business Area China
Corporate Information
No related information.
 
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