UISEE TECH
| Register Close | 2026/05/15 IPO Closing in 2 Days |
| Listing Date | 2026/05/20 |
| Register Close | 2026/05/15 IPO Closing in 2 Days |
| Listing Date | 2026/05/20 |
UISEE Technologies (Beijing) Co. is a provider of autonomous driving solutions specializing in driverless L4 technology in Greater China.
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The Group is currently focused on commercial vehicles in closed scenarios especially at airports and factories, while its 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.
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The Group’s 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 the report. The Group’s major customers include corporate customers, commercial vehicle manufacturers, and passenger car manufacturers, including 35 Fortune China and Global 500 companies.
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The Group’s self-developed autonomous driving operating platform comprises two major components, namely the vehicle brain and the cloud brain. The vehicle brain primarily consists of software, i.e. the Group’s U-Drive® system, and hardware, i.e. autonomous driving domain controllers. The cloud brain is a centralized cloud service that consists of a lot of micro-services for operation, maintenance and training.
| Market | Hong Kong (Main Board) |
| Business Nature | Software & Services |
| Major Business Area | China |
| Board Lot | 50 |
| No. of Offer Shares | 14.46M H shares |
| No. of International Offer Shares | 13.74M H shares |
| No. of HK Offer Shares | 0.72M H shares |
| Offer Price | $60.30 |
| Stock Code | 1511 |
| Sponsor(s) | CITIC Securities (Hong Kong) Limited |
| Underwriter(s) | CLSA Limited, BOCOM International Securities Limited, DBS Asia Capital Limited, China Galaxy International Securities (Hong Kong) Co., Limited, Hong Tai Securities Limited, Futu Securities International (Hong Kong) Limited, CEB International Capital Corporation Limited, uSmart Securities Limited, CNCB (Hong Kong) Capital Limited, Quam Securities Limited, Lego Securities Limited, Patrons Securities Limited, SBI China Capital Financial Services Limited |
| Application Period | May 12 (Tue) - noon, May 15 (Fri) |
| Price Determination Date | -- |
| Result Announcement Date | On or before May 19 (Tue) |
| Result Announcement Date | On or before May 19 (Tue) |
| Result Announcement Date | On or before May 20 (Wed) |
| Dealings in Shares commence on | May 20, 2026. (Wed) |
| Offer Price | $60.30 |
| Capitalization | 9.80B |
| NAV / share ($) | $6.83 (Unaudited pro forma adj NAV / share) |
| Assuming the offer price being at HKD 60.3, the net proceeds raised would be HKD 795.40M, of which |
| 46.7% : Enhance R&D capabilities and solutions provision |
| 33.5% : Overseas and domestic business development and improving commercialization capability |
| 9.8% : Making strategic investments |
| 10% : Working capital |
| Prospectus |
| Remark: | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
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