The financing scale and pricing range of this issue have not changed, raising about HK$ 6 billion, and the pricing range is HK$ 3.85 to HK$ 3.99. It is expected to be listed on the Hong Kong Stock Exchange on February 30th, 65438. In addition, Shangtang Technology said that it has requested to exclude American investors from subscribing for global offering shares.

65438+February 65438+March, Shangtang Technology announced that it would postpone its global sale and listing because it was included in the so-called "China Military Complex Enterprise List" by the US Treasury Department, which restricted American investors from investing in it.

According to the latest announcement, Shangtang Technology said that the subject of the above list is Shang Tang Group Co., Ltd., a wholly-owned subsidiary of the company, and it is not the target of this issue. The legal adviser of Shangtang Technology believes that the restrictions on Shang Tang Group Co., Ltd. will not affect Shangtang Technology. Despite this, Shangtang Technology said that it has requested that American investors be excluded from subscribing for the offering shares for global offering (including the signed shares submitted for signature at the public offering in Hong Kong).

In addition, in the supplementary prospectus, Shang Tang disclosed the updated list of cornerstone investors, including Mixed Ownership Reform Fund, Xuhui Capital, Guo Sheng Group, Shanghai Artificial Intelligence Industry Investment Fund, SAIC, Guotai Junan, Hong Kong Science and Technology Park, Xima Ophthalmology and Taizhou Lv Wen. Previously announced Pleiades Fund, WT, Focustar Capital, Focustar Fund and Helved, and Guangfa Fund were not found.

I. Company Profile

Shangtang Technology was established in the Multimedia Laboratory of the Chinese University of Hong Kong on 20 14. Its main business is computer vision technology and deep learning algorithms, and it is an algorithm provider in the field of computer vision and deep learning.

The core team of Shangtang Technology, a new generation of artificial intelligence open innovation platform in intelligent vision country, consists of two parts: one part is doctors and masters from Massachusetts Institute of Technology, Chinese University of Hong Kong, Tsinghua University and Peking University; The other part is practitioners from Microsoft, Google, Lenovo, Baidu and other related fields.

Shangtang Technology has established in-depth cooperation with the Chinese University of Hong Kong and Zhejiang University, established joint laboratories and R&D centers, and established research teams with many universities such as Tsinghua University and Peking University.

All kinds of intelligent vision technologies launched by Shangtang Technology, including face recognition, image recognition, text recognition, image and video analysis, image and video editing, intelligent monitoring, automatic driving, remote sensing, medical image recognition, etc., have been widely used in smart cities, finance, automobiles, smart retail, smart phones, mobile Internet, robots and other industries, serving more than 700 well-known enterprises at home and abroad.