--- title: "New Stock News | Streamax submits application to Hong Kong Stock Exchange as a global AI solutions provider for commercial vehicles" type: "News" locale: "en" url: "https://longbridge.com/en/news/259473190.md" description: "Shenzhen Streamax Technology Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, becoming a global provider of AI solutions for commercial vehicles. The company focuses on AI technology, with over 80 intelligent algorithms, and its products are sold in more than 100 countries. From 2022 to 2025, revenue is expected to grow year by year, with a projected profit of RMB 98 million in 2023" datetime: "2025-09-30T08:06:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/259473190.md) - [en](https://longbridge.com/en/news/259473190.md) - [zh-HK](https://longbridge.com/zh-HK/news/259473190.md) generator: "portal-rs" --- # New Stock News | Streamax submits application to Hong Kong Stock Exchange as a global AI solutions provider for commercial vehicles According to the Hong Kong Stock Exchange's disclosure on September 30, the Shenzhen Streamax Technology Co., Ltd. (Streamax Technology, 002970.SZ) has submitted a listing application to the main board of the Hong Kong Stock Exchange, with China International Capital Corporation as its sole sponsor. According to the prospectus, Streamax Technology is a global provider of AI solutions for commercial vehicles. ![3519755545f2a9d99c73e1f86c6711e.png](https://imageproxy.pbkrs.com/https://img.zhitongcaijing.com/image/20250930/1759218632736392.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg) The prospectus shows that Streamax Technology's solutions and products mainly include: **AI Solutions**; Streamax Technology's AI solutions utilize vision-based AI technology for perception, analysis, and decision-making to enhance driving safety and fleet operational efficiency. **Video Equipment**; through cameras and other integrated devices, driving information is collected, recorded, and transmitted. The following are the business highlights of Streamax Technology: ![6a5674287d553bdc99edad700b80104.png](https://imageproxy.pbkrs.com/https://img.zhitongcaijing.com/image/20250930/1759218641585773.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg) AI technology is the core technological advantage of Streamax Technology. The company has over 20 years of experience in the commercial vehicle sector, enabling Streamax Technology to accurately grasp the pain points and customer needs in various application scenarios of commercial vehicles. Streamax Technology transforms these insights into AI-capable solutions and products. Streamax Technology possesses over 80 intelligent algorithms covering areas such as advanced driver assistance, emergency braking, driver monitoring, and blind spot monitoring. Additionally, Streamax Technology has developed a series of proprietary algorithms for visual AI solutions. Furthermore, Streamax Technology has been deeply engaged in overseas markets for nearly 20 years. During the track record period, Streamax Technology's solutions and products have been sold to over 100 countries and regions, covering more than 200 cities. Streamax Technology has established 11 subsidiaries in overseas countries and regions such as the United States, Singapore, the United Arab Emirates, and Vietnam. Additionally, the company has factories in China and Vietnam and has established a global headquarters and settlement center in Singapore to support Streamax Technology's global customer network. **Financial Aspects**: For the fiscal years 2022, 2023, 2024, and the six months ending June 30, 2025, the company's revenues were approximately RMB 1.229 billion, RMB 1.505 billion, RMB 1.998 billion, and RMB 1.156 billion, respectively; during the same period, the annual profits were approximately RMB -166.7 million, RMB 98 million, RMB 294 million, and RMB 206 million, respectively. !\[cd3ac9c8af1dec4e0028dc762a38d7c.png\](https://img.zhitongcaijing.com/image/20250930/1759218625150825.png? According to the risk factors section of the prospectus, if Streamax is unable to continuously develop and innovate solutions and products to meet customers' ever-changing needs for functionality, performance, reliability, design, and safety, the company may be unable to retain existing customers, attract new customers, or increase sales ### Related Stocks - [002970.CN](https://longbridge.com/en/quote/002970.CN.md) ## Related News & Research - [Holy Cow! 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