New stock news| Shanghai Smart Wisdom delivers to Hong Kong Stock Exchange, providing comprehensive solutions for intelligent manufacturing systems.

According to the disclosure by the Hong Kong Stock Exchange on January 22, Shanghai Jingzhi Industrial Co., Ltd. (referred to as "Shanghai Jingzhi") has submitted its listing application to the main board of the Hong Kong Stock Exchange, with Orient International as its exclusive sponsor. The prospectus shows that Shanghai Jingzhi is a leading provider of comprehensive intelligent manufacturing systems solutions in China. Company Overview According to the prospectus, Shanghai Jingzhi integrates artificial intelligence technology with manufacturing engineering capabilities to optimize the entire manufacturing process end-to-end and aims to be an innovator in intelligent manufacturing. Leveraging its deep accumulation in advanced manufacturing fields such as automotive, communications, Siasun Robot&Automation, and new energy, Shanghai Jingzhi provides customers with one-stop intelligent solutions. By relying on standardized supply chain execution and collaborative resource allocation, Shanghai Jingzhi combines precision engineering solutions, intelligent equipment R&D and system integration, professional technical and management services. Through this approach, Shanghai Jingzhi provides customers with customized solutions covering advanced equipment solutions, precision components, communication heat management solutions, and supplemented by end-to-end technical and management services. In addition, Shanghai Jingzhi continues to advance its blueprint for information technology and digital construction, deploying internally developed end-to-end systems across all business processes. This initiative enables the company to systematically generate and precipitate high-quality industrial data and core process knowledge derived from its manufacturing processes in diverse manufacturing scenarios such as standard parts, non-standard parts, discrete processing, and automated assembly, while continually improving efficiency and reducing costs. Shanghai Jingzhi adopts a cautious phased strategy, using its own factory as a real verification scenario and gradually expanding from internal implementation to external empowerment, continuously iterating and optimizing algorithm capabilities. Shanghai Jingzhi believes that this process not only strengthens its industrial AI engine, but also forms three core assets: continuously updated manufacturing databases, models and algorithm engines that have been repeatedly validated in multiple scenarios and are ready for scalable replication, and a deep trust built through cooperation with various industry customers. Financial Information Revenue For the fiscal years 2023, 2024, and the nine months ended September 30, 2025, the company achieved revenues of RMB 683 million, RMB 746 million, and RMB 418 million respectively. Annual/Period Profit For the fiscal years 2023, 2024, and the nine months ended September 30, 2025, the company's annual/period profits were approximately RMB 50.27 million, RMB 52.42 million, and RMB 10.67 million respectively. Gross Margin For the fiscal years 2023, 2024, and the nine months ended September 30, 2025, the company's gross margins were approximately 21.4%, 22.2%, and 19.9% respectively. Industry Overview The prospectus mentions that intelligent manufacturing solutions refer to integrated system solutions for manufacturing enterprises covering process design, equipment manufacturing, production line integration, production process control, and digital management, with automation, information technology, and intelligence technology at the core. Here is the market size of China's intelligent manufacturing solutions categorized by industry composition. The market size of China's intelligent manufacturing solutions continues to expand, with intelligent equipment solutions being the largest and most robust segment. The market size is expected to increase from RMB 434.9 billion in 2020 to RMB 651.2 billion in 2024, with a compound annual growth rate of 10.6%. Looking ahead, with the acceleration of digital transformation in the manufacturing industry, the increasing demand for automation line upgrades, and the continuous expansion of investment in high-growth industries such as new energy vehicles, Siasun Robot&Automation, and high-end equipment, the market for intelligent equipment solutions is expected to maintain steady growth. It is expected that by 2030, the market size will increase to RMB 1.1044 trillion, with a compound annual growth rate of approximately 9.2% from 2025 to 2030. Board of Directors Information Shanghai Jingzhi's board of directors consists of 11 members, including 5 executive directors, 2 non-executive directors, and 4 independent non-executive directors. Equity Structure As of the date of the last practicable date, Mr. Wei Jie and Mr. Wang Wei collectively control 44.46% of the voting rights at the company's shareholders' meeting, including Mr. Wei's beneficial ownership of 20.51%, Mr. Wang's beneficial ownership of 9.08%, Yu Zhi Zhongyi (controlled by Mr. Wei and Mr. Wang) beneficially owning 8.23%, and Shanghai Wei Bo beneficially owning 6.65% (controlled by Mr. Wei). After compilation, Mr. Wei, Mr. Wang, Yu Zhi Zhongyi, and Shanghai Wei Bo will continue to be the controlling shareholders of the company. Intermediary Team Exclusive Sponsor: Orient Finance (Hong Kong) Limited Company's Legal Counsel: Gallant Y.T. Ho & Co., Jin Tiancheng Law Firm (Shanghai), Joint-Win Partners LLP Legal Counsel for Exclusive Sponsor: Jingtian & Gongcheng Law Firm, Shanghai Guangfa Law Firm Independent Auditor and Reporting Accountant: Deloitte Touche Tohmatsu Certified Public Accountants Industry Consultant: Frost Sullivan (Beijing) Consulting Co., Ltd. Shanghai Branch Compliance Consultant: SOMERLEY CAP Limited