New Stock News | Streamax Technology's (002970.SZ) Hong Kong IPO prospectus invalidated.

Shenzhen Streamax Technology Co., Ltd. (Streamax Technology, 002970.SZ), in which the Hong Kong IPO prospectus submitted on September 30, 2025, expired after 6 months on March 30, 2026, with CICC as its exclusive sponsor at the time of submission. According to the prospectus, Streamax Technology is a global provider of AI solutions for commercial vehicles. Streamax Technology's solutions and products mainly include: AI solutions; Streamax Technology's AI solutions use vision-based AI technology for perception, analysis, and decision-making to enhance driving safety and fleet operational efficiency. Video equipment; Driving information is collected, recorded, and transmitted through cameras and other integrated devices. In addition, Streamax Technology has been deeply cultivating overseas markets for nearly 20 years. During the previous reporting period, Streamax Technology's solutions and products were sold to more than 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. In addition, 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.