CiDi Inc. (Ticker: 3881 HK) is a China-focused provider of intelligent driving products and solutions for commercial vehicles, covering closed-environment autonomous mining and logistics trucks, V2X (vehicle-to-everything) technologies, and intelligent perception systems. The company is scheduled to list its H shares on the HKEX Main Board on 19 December 2025, following an offer period of 11–16 December 2025 (pricing set on 11 December 2025).

The IPO is priced at HK$263 per share, with 5,407,980 shares offered, implying gross proceeds of about HK$1.42 billion (US$182.7 million). The Hong Kong public tranche is 270,400 shares (5%), with the remainder allocated to international placing. According to CIC, CiDi ranked sixth among China commercial-vehicle intelligent driving companies by market share (~5.2%) and ranked third in the autonomous mining truck solution market by 2024 revenue.

Proceeds are reportedly allocated to R&D and capacity expansion (55%), brand promotion and business development (15%), and working capital and strategic acquisitions (30%). Sponsors include CICC, China Securities (International) and Ping An of China Capital (Hong Kong), with ABCI Securities among the underwriters.