UISEE Tech

UISEE Tech (Ticker: 1511 HK) develops autonomous driving technology and intelligent driving solutions, with a focus on commercial vehicles operating in closed environments. Its products include autonomous driving vehicles, vehicle technology kits, software solutions and leasing services. The company also pursues applications in open environments. The offering consists entirely of newly issued shares, with 5% allocated to the Hong Kong public offer and 95% to the international placing.

The scheduled listing date on Hong Kong Stock Exchange was May 20, 2026. The proposed offering comprises 14,460,000 shares. The base offering would represent HKD 872.00 million, approximately $111.11 million in gross proceeds, excluding any unexercised over-allotment. The indicated IPO market capitalization is HKD 7.64 billion, approximately $973.51 million.

CITIC Securities Hong Kong is the sponsor. BOCOM International Securities, China Galaxy International Securities Hong Kong, CLSA, DBS Asia Capital and Hong Tai Securities are global coordinators.