根据弗若斯特沙利文的资料，按2023年的收入计，赛目科技是中国ICV测试、验证和评价解决方案行业的最大市场参与者，市场份额约为5.3%，而按2023年的收入计，该公司是中国ICV仿真测试软件及平台市场的最大市场参与者，市场份额约为5.9%。该公司也是中国几家能够提供一站式ICV测试、验证和评价解决方案的市场参与者之一。According to the Hong Kong Stock Exchange disclosure on December 4, Beijing SiMu Technology Co., Ltd. (hereinafter: SiMu Technology) submitted the Hong Kong Stock Exchange main board, and Guangyin International is its sole sponsor.
The Zhitong Finance App learned that according to the Hong Kong Stock Exchange disclosure on December 4, Beijing SiMu Technology Co., Ltd. (hereinafter: SiMu Technology) submitted the Hong Kong Stock Exchange main board, and Guangyin International is its sole sponsor. This is the fourth time that the company has submitted a Main Board listing application to the Hong Kong Stock Exchange. It previously submitted forms in May of this year, October 2023, and December 2022.
According to the prospectus, Saimu Technology is a Chinese technology company focusing on intelligent connected vehicle (ICV) simulation testing technology. It is mainly engaged in the design and development of ICV simulation testing products and provides related testing, verification and evaluation solutions. ICV means equipped with advanced on-board sensors, controllers, brakes and other devices, integrating advanced communication and network technology.
According to Frost & Sullivan, in terms of revenue in 2023, Saimu Technology is the largest market participant in China's ICV testing, verification and evaluation solutions industry, with a market share of about 5.3%. In terms of revenue in 2023, the company is the largest market participant in the Chinese ICV simulation testing software and platform market, with a market share of about 5.9%. The company is also one of several market players in China that can provide one-stop ICV testing, verification and evaluation solutions.
Through innovation, Saimu Technology has developed technical capabilities for ICV testing, verification and evaluation. In 2018, the company independently developed and commercialized SimPro, an ICV simulation testing, verification and evaluation tool chain. In June 2021, SimPro passed ASILD functional safety certification under the international standard ISO26262, and according to Frost & Sullivan data, this makes it the world's first ICV simulation testing, verification and evaluation tool chain to obtain the highest level of functional safety certification. In 2021, the company also independently developed FUSA and Sotif analysis tools SafetyPro for ICV. According to Frost & Sullivan data, this made the company one of the simulation solution providers in China that can combine self-developed safety analysis tools and simulation testing tools. SafetyPro obtained ISO26262tcl2 certification in July 2023.
Driven by the continuous development of intelligent driving technology and the increasing acceptance of smart cars in China, the market size (in terms of revenue) of China's ICV testing, verification and evaluation solutions industry has also grown steadily, from approximately RMB 1.2 billion in 2019 to approximately RMB 3.3 billion in 2023, with a compound annual growth rate of about 27.8%. Furthermore, in terms of revenue, the market share of ICV simulation testing software and platforms in China's ICV testing, verification and evaluation solutions market is expected to remain above 50% in 2023, and further increase to close to 60% in 2030.
On the financial side, in 2021, 2022, 2023, and 2024, for the six months ended June 30, Saimu Technology achieved revenue of approximately RMB 0.107 billion, 0.145 billion yuan, 0.176 billion yuan, and 55.56 million yuan respectively; total profit and overall revenue for the same period were approximately RMB 37.571 million, 48.686 million yuan, 53.431 million yuan, and -4.599 million yuan, respectively million yuan.
