Seyond Technology successfully went public on the Hong Kong Stock Exchange, marking a significant milestone in the automotive-grade LiDAR industry with strong backing from NIO Capital.
Information on the Target
Seyond Technology Co., Ltd. (stock code: 02665.HK), a pioneer in the automotive-grade LiDAR industry, successfully held its IPO on the Hong Kong Stock Exchange via a De-SPAC transaction on December 10, 2025. The company aims to enhance its capabilities in developing high-performance LiDAR technology that is essential for modern intelligent driving systems. The founder, Bao Junwei, emphasized during the listing ceremony that LiDAR technology is not merely an optional component but a necessity for the future of automotive innovation.
With the influx of approximately HKD 1.03 billion from the public offering, Seyond signifies a milestone in advancing automotive-grade LiDAR technologies. By leading the global mass production of image-resolution high-performance LiDAR, it has affirmed its dominant position within a rapidly evolving market.
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Industry Overview in China
The automotive-grade LiDAR market in China is experiencing rapid expansion, driven by a growing demand for advanced driver-assistance systems (ADAS) and autonomous vehicles. According to market research, the global LiDAR solutions market is projected to escalate
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