UISEE Launches IPO Patrons Acts as Joint Bookrunner and Joint Lead Manager

Uisee Technology (Beijing) Co., Ltd. (hereinafter referred to as "UISEE"), stock code 1511.HK, officially launched its public offering from May 12 to May 15, 2026. The team at Patrons Financial Group is serving as the Joint Bookrunner and Joint Lead Manager for this IPO project.

According to Patrons, this IPO plans to issue approximately 14.46 million shares globally, with an offer price of HK$60.39 per share. The maximum estimated net proceeds are approximately HK$0.872 billion. The company is expected to be officially listed on the Main Board of the Stock Exchange of Hong Kong on May 20, 2026.

Based on the prospectus, UISEE has focused on L4 autonomous driving technology since its inception, dedicated to providing unmanned autonomous driving solutions for all scenarios.

Currently, UISEE has deployed various types of autonomous vehicles at the Hong Kong International Airport, including unmanned electric tractors, patrol cars, and shuttle buses, providing automated baggage handling, passenger transport, and freight services.

The company's business models mainly include:

• Autonomous Vehicle Solutions — Serving as the company’s cornerstone, this covers unmanned electric tractors, shuttle buses, and patrol cars, utilizing the self-developed U-Drive® intelligent driving system and high-performance domain controllers.

• Diversified Scenario Applications — Offering customized services for different industries, focusing on closed and semi-open scenarios such as airport logistics, factory transport, and urban operations.

• Full-stack Technical Architecture — Establishing a complete chain system including perception, positioning, decision-making, and cloud management, with a strategically deployed service network across Greater China and overseas markets.

Regarding financial performance, UISEE’s results show a significant growth trend. From 2023 to 2025, the company's revenue was RMB 161 million, RMB 265 million, and RMB 328 million, respectively, representing a compound annual growth rate (CAGR) of 42.7%.

According to the Frost & Sullivan report, based on 2024 revenue, the company ranked first in the Greater China market for L4 autonomous driving solutions for commercial vehicles in airport and factory scenarios. Furthermore, the company holds a leading position in the commercial landing of all-scenario autonomous driving and is the world's only supplier providing large-scale commercial L4 solutions for airports.

Patrons Financial Group points out that the autonomous driving industry is currently in a period of high-speed penetration. It is reported that in 2025, global sales of autonomous passenger vehicles reached 58.1 million units, of which 98.3% were equipped with Advanced Driver Assistance Systems (ADAS). By 2030, global sales of autonomous passenger vehicles are expected to reach 82.2 million units. As a market leader in L4 commercial vehicle solutions for airport and factory scenarios in Greater China, UISEE will directly benefit from the expansion of this trillion-level market.

Throughout UISEE’s listing process in Hong Kong, the Patrons Financial Group team participated deeply as a Joint Bookrunner and Joint Lead Manager. Leveraging mature experience in capital market services and an extensive resource network, Patrons precisely assisted the company in communicating the unique business value of the "AI Driver" empowering the real economy, providing critical support for this autonomous driving unicorn to successfully enter the international capital market.