DeepWay Submits Listing Application to HKEX, Becoming the World's First to Mass Deliver Forward-Engineering Heavy Trucks

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On November 6, DeepWay Technology Co., Ltd. submitted its listing application to the Hong Kong Stock Exchange for a Main Board listing, with CICC and CMB International acting as joint sponsors.

DeepWay is a globally leading technology company in new energy heavy-duty trucks and intelligent highway freight transportation solutions. The company has launched two models to the market: the DeepWay Star and the DeepWay Xingtu. For the full year 2023, the full year 2024, and the first half of 2025, the company's revenue was RMB 426 million, RMB 1.969 billion, and RMB 1.506 billion, respectively.

According to China Insights Consultancy data, DeepWay is the world's first company to achieve mass production and delivery of intelligent new energy heavy-duty trucks using a forward-defined approach. Based on 2024 sales volume, the company ranked first in the global forward-defined new energy heavy-duty truck market. As of June 30, 2025, the company had cumulatively delivered approximately 6,400 new energy heavy-duty trucks.

DeepWay focuses on intelligent transportation and intelligent operations, empowering the highway freight industry through continuous technological innovation. From its inception, the company designed its truck products based on the full-spectrum requirements of intelligent highway freight, ensuring the trucks' hardware is deeply adapted for needs such as intelligent operations and intelligent driving.

As of December 31, 2024, DeepWay was the only enterprise to have achieved mass production and delivery of intelligent new energy heavy-duty trucks equipped with ADAS functions. The company's self-developed assisted driving system is specifically designed for highway freight scenarios, capable of avoiding risks, reducing driver fatigue, and minimizing human error. DeepWay has also developed a platooning transportation system that enables a "lead vehicle with a driver followed by unmanned follower vehicles" model. The core functions have been developed and verified, and user adaptation testing is underway in multiple operational scenarios, placing the company's commercialization progress at the forefront of the industry. Concurrently, the company is advancing the development of single-vehicle intelligent unmanned driving systems and has obtained test licenses in cities including Beijing, Tianjin, and Hefei.
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Company Name: DeepWay Technology Co., Ltd.
Contact Person: Amber Zhang
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Country: China
Website: https://deepway.com/about.html

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This release was published on openPR.