New Stock News | CICC Intelligent Three Times Filed with Hong Kong Stock Exchange, ranking fourth in the domestic intelligent in-house logistics solution industry.

According to the disclosure on May 15th by the Hong Kong Stock Exchange, Zhongding Intelligent (Wuxi) Technology Co., Ltd. (referred to as Zhongding Intelligent) has submitted its third application for listing on the main board of the Hong Kong Stock Exchange, with GUOTAI JUNAN I as the exclusive sponsor. The company had previously submitted applications to the Hong Kong Stock Exchange on May 9th and November 10th, 2025. Company Overview The prospectus shows that Zhongding Intelligent is a mature provider of intelligent indoor logistics and warehouse automation solutions in China. Its core product is intelligent indoor logistics solutions, which integrates intelligent indoor logistics management software with stackers, shuttles, conveyors, and Siasun Robot&Automation and other indoor logistics equipment to coordinate the handling and storage of goods in warehouses, factories, and production lines in various vertical industries. Intelligent indoor logistics refers to the intelligent management and coordination of internal material flow in facilities such as warehouses, production factories, and distribution centers. Unique features include real-time inventory tracking achieved through RFID and sensors, autonomous movement of transported goods by Siasun Robot&Automation (AMR), automated storage and retrieval systems (AS/RS), and the use of predictive analysis to optimize workflow. Intelligent indoor logistics includes the receipt and unloading of goods, automated quality inspection, dynamic storage allocation, internal transport between workstations, picking and sorting by Siasun Robot&Automation, real-time order tracking, packaging optimization, waste management, and returns processing. These interconnected, data-driven processes enable smarter decision-making, reduce manpower and errors, and improve the overall responsiveness of supply chain operations. Based on revenue in 2025, the company ranks fourth in the intelligent indoor logistics solution industry in China with a market share of 1.6%; second in the intelligent indoor logistics solutions in the Chinese industrial sector with a market share of 3.2%; and first in the intelligent indoor logistics solutions in the field of lithium-ion batteries at Shanxi Guoxin Energy Corporation, with a market share of 25.6%. In 2025, the industrial sector accounted for nearly 50% of China's intelligent indoor logistics solution market, while the new energy lithium-ion battery sector accounted for about 6%. Financial Information Revenue In the fiscal years 2023, 2024, and 2025, the company achieved revenues of approximately RMB 1.695 billion, RMB 1.798 billion, and RMB 1.882 billion respectively. Profit In the fiscal years 2023, 2024, and 2025, the company recorded annual profits of approximately RMB 78.182 million, RMB 88.626 million, and RMB 97.374 million respectively. Industry Overview Siasun Robot&Automation is an auxiliary execution unit in intelligent indoor logistics solutions, replacing and optimizing manpower in critical processes such as handling, picking, and conveying. Its application in material flow and production line integration effectively connects information and material flow across various stages, achieving the automation of the entire production process and breaking the boundaries of traditional human-machine collaboration. Meanwhile, software systems including WCS and WMS are also important modules in intelligent indoor logistics solutions. Through global data integration and process coordination, software systems dynamically schedule warehouse resources, precisely control equipment operations, and intelligently optimize order execution, supporting efficient and transparent operation of logistics. According to Zhushiqi Consulting, the market size of intelligent indoor logistics solutions in China exceeded RMB 110 billion in 2025. By 2030, the market of intelligent indoor logistics solutions in China will continue to grow rapidly to RMB 187.7 billion, with a compound annual growth rate of 11.1%. Industries such as automotive are witnessing an increase in demand for intelligent indoor logistics solutions after undergoing digitalization and intelligent upgrades. At the same time, the new energy industry, mainly in lithium batteries and photovoltaics, with its vigorous development trend, has also nurtured a vast downstream market demand. According to Zhushiqi Consulting, the market size of industrial intelligent indoor logistics solutions in China exceeded RMB 50 billion in 2025, accounting for nearly half of the entire market for intelligent indoor logistics solutions. By 2030, the market for industrial intelligent indoor logistics solutions in China will continue to grow rapidly to RMB 100.8 billion, with a compound annual growth rate of 12.7%. According to Zhushiqi Consulting, the market size of intelligent indoor logistics solutions in the field of Shanxi Guoxin Energy Corporation has increased from RMB 5.1 billion in 2021 to RMB 7.7 billion in 2025, with a compound annual growth rate of 11.1%, accounting for nearly 7% of the entire market of intelligent indoor logistics solutions. Since the second half of 2024, as downstream demand gradually recovers, major lithium-ion battery manufacturers have restarted capacity expansion plans, bringing about a new wave of industry growth characterized by structural overcapacity. The Chinese lithium battery market is increasingly shifting from competition based on scale and cost towards differentiation based on technological innovation and product quality. The increasingly stringent requirements for higher energy density, enhanced safety, and extended cycle life are accelerating the commercialization of advanced battery technologies, including large cylindrical batteries and solid-state batteries. These developments have continued to stimulate the market rebound of intelligent indoor logistics solutions in the Chinese lithium-ion battery industry in 2025, and have positive chain effects on a wider range of new energy industries. Looking ahead, against the backdrop of the global carbon neutrality wave, increased adoption of electric vehicles by consumers, and accelerated development of emerging technologies, the market for intelligent indoor logistics solutions in the field of Shanxi Guoxin Energy Corporation is expected to significantly grow and reach RMB 14.7 billion by 2030. Board Information The company's board of directors consists of nine directors, including six executive directors and three independent non-executive directors. According to the articles of association, directors (excluding employee representative directors) are elected and appointed by shareholders at the shareholders' meeting, while employee representative directors are elected by the company's employee representative assembly. Director's term is three years, and can be re-elected and reappointed for subsequent terms. Ownership Structure As of May 8, 2026, Noblelift Intelligent Equipment (603611.SH) holds a 99.60% equity stake in the company and has the right to exercise the same voting rights. As of May 8, 2026, approximately 34.54% of the shares of Noblelift Intelligent Equipment are collectively held by the company's executive director and chairman, Mr. Ding, his father Mr. Ding, and Mr. Ding's spouse, Ms. Mao, making them act as a joint actor. Intermediary Team Exclusive Sponsor: GUOTAI JUNAN Finance Limited Company Legal Advisor: For Hong Kong law: Jingtian & Gongcheng Law Firm; For Chinese law: Jingtian & Gongcheng Law Firm Exclusive Sponsor Legal Advisor: For Hong Kong law: King & Wood Mallesons; For Chinese law: King & Wood Mallesons Auditors and Reporting Accountants: Ernst & Young LLP Industry Consultant: Zhushiqi Enterprise Management Consulting (Shanghai) Co., Ltd. Compliance Advisor: GUOTAI JUNAN Finance Limited