Shares of EACON (07687) commenced trading today. According to the company's announcement, the shares were priced at HK$87.92 each. The offering comprised 26.132 million shares, with a board lot size of 50 shares, raising net proceeds of approximately HK$2.175 billion. At the time of writing, the stock was up 3.5% at HK$91, with a turnover of HK$183 million.

Public information indicates that EACON is the leading enterprise in China's autonomous driving sector for mining areas. As market demand continues to expand, China is poised to become the world's largest and most advanced market for autonomous mining solutions. EACON maintains its dominant position at the top of the industry in China with a comprehensive and significant competitive advantage.

Available data shows that as of December 31, 2025, the company had deployed 2,580 active autonomous mining trucks in China. Measured by the size of its active fleet, this figure represents a 55.5% market share in China's autonomous mining solutions sector, ranking it first in the country.

It is noteworthy that the company's initial public offering attracted strong investor interest during the public offering phase. A notable group of 11 cornerstone investors was assembled, including industry leaders such as Zijin Mining Group and XCMG Group, global top-10 long-term funds like Fidelity International, J.P. Morgan, and Barings, as well as leading Chinese long-term funds including GF and CDH. This consortium subscribed for approximately 50% of the offering, reaching the upper limit for cornerstone investment.

This lineup of investors not only demonstrates a global capital consensus on the value of the autonomous mining sector as a niche but high-potential field, but also reflects deep confidence from both industry leaders and top-tier investors in the long-term growth prospects and business rationale of EACON.