According to Zhitong Finance APP, KEYTOP PARKING (02272) officially listed on the Hong Kong Stock Exchange today, closing at HKD 120.2 on its first day, a surge of 203.92% compared to the offering price of HKD 39.55, ranking first among the six new stocks that debuted on the same day. Even in the previous day's dark pool trading, KEYTOP PARKING's strong performance highlighted the market's high attention to the scarce targets of AI smart parking. By the end of trading, it rose 203.92%, closing at HKD 120.2, with a transaction volume of HKD 231 million.

It is reported that KEYTOP PARKING is positioned by the market as the most profitable pure smart parking listed company in China. The company's gross profit margin reaches 46.38%, and the profit margin is 11.28%. By 2025, the adjusted net profit for the same period is expected to reach HKD 120 million, ranking first in profitability within the smart parking industry. The company is the first in the world to create AI Raas (Robotics as a Service) services in the parking field, empowering the entire parking system with its self-developed AI digital employee agents, fully connecting the value realization chain of parking tokens. The company is also the only listed enterprise globally with exclusive large model training for parking lots and is a key strategic layout target for Tencent in the global smart parking sector.

It is worth mentioning that during this IPO, KEYTOP PARKING received enthusiastic subscriptions from market investors. The Hong Kong public offering was oversubscribed by 2,115.21 times, and the international offering was oversubscribed by 5.56 times. Some market participants believe that in the recent Hong Kong IPO market, KEYTOP PARKING has become a highly regarded new economy target due to its multiple labels, including AI smart parking, unattended parking, new energy charging, and parking asset operation