EasyControl Autonomous Mining Begins Hong Kong IPO Underwriting on June 29

According to Zhitong Finance, EasyControl Autonomous Mining (07687) began underwriting for its Hong Kong IPO on June 29, 2026, marking the company's imminent listing as China's leading autonomous mining solution provider. The company operates 2,580 active autonomous mining trucks as of December 31, 2025, commanding the highest market share domestically. The IPO signals the industry's shift into large-scale commercial expansion, with China's autonomous mining truck fleet surpassing 4,000 units by end-2025—a 45-fold increase over five years. Market penetration has risen from 1.10% in 2021 to 16.10% in 2025, crossing the critical threshold for accelerated adoption.
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