Keytop Parking (HKEX: 02272) made its trading debut today. According to the company's announcement, the shares were priced at HK$39.55 each. A total of 10.1123 million shares were issued, with a board lot size of 60 shares. The net proceeds from the offering amounted to approximately HK$340 million. At the time of writing, the stock price had surged by 188.24% to HK$114, with a turnover of HK$167 million.

Public information indicates that since its establishment in 2006, Keytop Parking has evolved into a comprehensive parking industry group integrating digital intelligent parking systems, digital intelligent parking management services, and parking lot operation. The company is positioned by the market as China's most profitable pure-play smart parking listed company, boasting a gross profit margin of 46.38% and a profit margin of 11.28%. Its adjusted net profit for the 2025 period reached 120 million yuan, ranking first in profitability within the smart parking industry.

In terms of technological strategy, Keytop Parking is regarded as the world's first "AI parking service provider." The company is a global pioneer in creating an AI RaaS (Robotics as a Service) platform for the parking sector. It utilizes AI digital employee agents to empower parking systems, further unlocking the value realization pathway for parking tokens. This initiative aims to transform parking facilities from simple revenue-generating spaces into operable, manageable, and sustainably monetizable urban digital assets.