Visual AI Firm Ruivi Tech Lists in Hong Kong
智东西 · wechat · 2026-07-08
On July 8, Xiamen visual intelligence company Ruivi Tech listed on the Hong Kong Stock Exchange. The issue price was 21.66 HKD, opening 16.9% below the issue price, with a midday total market cap of approximately 6.295 billion HKD. Based on self-developed visual large models and deep learning technologies, the company's products are applied in civil aviation, commercial spaces, and safe driving, launching passenger service robots, luggage transfer robots, and three major visual agents.
The company's revenue from 2023 to 2025 was 242 million, 395 million, and 443 million RMB respectively, with a compound annual growth rate of 35.2%. However, it has not yet achieved stable profitability, with a net loss of 68 million RMB in 2025. Based on 2025 revenue, it ranks first in China's civil aviation visual intelligence product market with an 8.7% share. Intel holds a 4.16% stake, and it raised 571.2 million RMB in cumulative funding before listing.
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