Congratulations to IMotion Automotive Technology (Suzhou) Co., Ltd.(1274.HK) on its Successful Listing

Congratulations to IMotion Automotive Technology (Suzhou) Co., Ltd.(1274.HK) on its successful Listing on the Mainboard of HKSE on 20 December 2023.

IMotion Automotive Technology (Suzhou) Co., Ltd.(“IMotion”) is a leading autonomous driving solution provider in China with a focus on AD domain controller. IMotion encompass advanced full-stack R&D capabilities including self-developed algorithms and hard-ware-software co-design capabilities. The company offer a wide range of autonomous driving solutions and products. IMotion provide OEMS with various AD domain control units adapted to different costs and technical requirements. IMotion also offer iFC solutions to OEMs based on the company’s core algorithms, which feature L2 autonomous driving functions.

With regard to this listing application, AVISTA Group is honored to be engaged in providing Equity Value, Financial Instrument, Asset acquisition and Financial Assets related valuation service.

Congratulations again to IMotion Automotive Technology (Suzhou) Co., Ltd.(1274.HK) on its successful listing. The issue price is HKD 29.65 per share, and the amount of funds raised is HKD 655.74 million.