According to news from Unicorn Early Intelligence, CiDi (Hunan) Co., Ltd. (hereinafter referred to as "CiDi Autonomous Driving"), headquartered in Changsha, Hunan Province, has recently launched the Hong Kong IPO management team non-deal roadshow (NDR), with an expected fundraising scale ranging from US$100 million to US$200 million. Founded in 2017 and formerly known as Changsha Intelligent Driving Research Institute Co., Ltd., CiDi Autonomous Driving is a leading Chinese supplier of commercial vehicle autonomous driving technologies. It focuses on the R&D of autonomous mining trucks, logistics vehicles, V2X (vehicle-to-everything) technologies and high-performance perception solutions, and provides cutting-edge products and solutions based on proprietary technologies. According to data from CIC Consulting, CiDi Autonomous Driving is the only leading autonomous driving company in China that has commercialized its solutions in closed environments, urban roads and intercity roads; it is one of the first autonomous driving companies in China to launch commercialized V2X products; its Train Autonomous Perception System (TAPS) is currently the only product in China that realizes independent safe perception. Based on revenue in the first half of 2024, CiDi Autonomous Driving ranks first in China's autonomous mining market, and has delivered China's first fully driverless pure electric mining fleet. CiDi Autonomous Driving has delivered 56 autonomous mining trucks to a Chinese mining area, which are mixed with about 500 manned trucks to form the world's largest mixed-operation mining fleet. In various business application cases, CiDi Autonomous Driving has achieved 24/7 uninterrupted operation, and its products and solutions have maintained zero accidents since their launch. The prospectus shows that in the pre-IPO shareholding structure of CiDi Autonomous Driving, Professor Li Zexiang can control a total of approximately 43.64% of the voting rights. Leading senior independent investors include Sequoia Capital, Xinding Capital, Legend Holdings, with a 3.49% stake; senior independent investors include Founder Hesheng Investment, Chongqing Liangjiang Fund, Everbright Holdings; other investors include Xiangjiang State-owned Investment, Ruisheng Capital, Baidu (09888.HK), Qinghao Capital, Guangkong Zhongying, Qingdao Zhenghan, Gandao Capital, Sanze Capital, Lens Technology, Juncheng Hongxin, Chengdu Technology Venture Capital, Chuanghe Huimao, Xingxiang Founder, Xinjun Electronics, SDIC Chuangying, Yunfa Ruichi, Ceyuan Guangyi Digital Fund, Xindiyuan Investors, Baodechang, Jingkai Qitao, Tianjin Shengde, Nanjing Beilu, Hunan Zhibo, Lakeside Venture Capital, etc. https://www1.hkexnews.hk/app/sehk/2024/106895/documents/sehk24110700574_c.pdf © 2021 Meishun (Hong Kong) Management Consulting Co., Ltd. and Meishun (Hangzhou) Management Consulting Co., Ltd. All rights reserved. Meishun Meiyin (Hangzhou) Consulting Management Co., Ltd. is the domestic subsidiary of Hong Kong Meishun Management Consulting Co., Ltd. under the same actual controller. Both companies share the same actual controller, are under the same Chinese management, and comply with the laws of Hong Kong and mainland China.