Shanghai Boonray Intelligent Technology Co., Ltd. HKEX Listing Application Lapses; World’s Largest Pure Electric Autonomous Mining Truck Supplier

NewTimeSpace News: The Hong Kong listing application submitted by Shanghai Boonray Intelligent Technology Co., Ltd. on 29 January 2026 has lapsed upon expiry of the six-month validity period. CICC and China Securities International acted as the original joint sponsors. According to CIC Consulting, measured by shipment volume and revenue in 2024, the Company is the world’s largest supplier of pure electric autonomous mining trucks. Measured by the cumulative number of mines adopting its solutions, it ranks as the world’s largest provider of electric and automated mining solutions. It is also the first enterprise globally to deploy fleets of pure electric autonomous mining trucks in mining sites.

NewTimeSpace News: The listing application submitted by Shanghai Boonray Intelligent Technology Co., Ltd. to the Hong Kong Stock Exchange on 29 January 2026 has lapsed upon expiry of the six-month term. CICC and China Securities International serve as the original joint sponsors.

The Company advances industrial transformation through an integrated strategy of "unmanned operation + electrification", establishing a leading position in autonomous mining truck solutions. It is the first enterprise worldwide to deploy fleets of pure electric autonomous mining trucks in mining areas. Measured by shipment volume in 2024, it is also China’s second-largest supplier of autonomous mining truck solutions.

Centered on unmanned mine transportation, the Company has built three synergistic business segments – Intelligent Vehicles, Intelligent Mines and Intelligent Transportation, jointly forming a complete self-reinforcing ecosystem for the electric and automated transformation of the mining industry. Its business model covers the full value chain, ranging from supply of core components and complete vehicle sales to transportation services and general contracting solutions for whole mines.

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