On June 25, 2025, Yikong Intelligent Driving Technology Co., Ltd. officially filed its listing application with the Hong Kong Stock Exchange, poised to become the "pioneer stock of autonomous mining technology." According to the company's 2024 financial report, its total revenue soared to RMB 986 million, marking a year-on-year increase of 264%, and successfully achieved a gross profit turnaround. Currently, Yikong Intelligent Driving operates over 1,400 autonomous mining trucks in China, commanding nearly half of the domestic market share in this sector. Its cutting-edge solutions have been embraced by 24 leading mining enterprises in the country, including China Energy Investment Corporation and Zijin Mining Group, and have even ventured into overseas markets, forging partnerships with companies like MACA in Australia.
In a move that underscores its innovation, Yikong Intelligent Driving introduced the ATaaS (Autonomous Truck as a Service) asset-light model in 2024, which contributed 46% to the company's revenue. Furthermore, the company's commitment to research and development remains steadfast, with investments reaching RMB 208 million in 2024, equivalent to 21% of its total revenue. Looking ahead, Yikong Intelligent Driving intends to allocate its financing towards the development of next-generation systems, vehicle model adaptation, and the further expansion of its overseas operations.