Aqua Capital Strategy Limited Deepens Strategic Investment Deployment in Smart Mobility, with its Managed Fund Successfully Participating in the Listing of iMotion on HKEX

William Lo
Dec 12, 2023
2 min read

(Hong Kong, 12 December 2023) – Aqua Capital Strategy Limited ("Aqua Capital" or the "Group") is pleased to announce today that Silkywater Absolute Return LPF, a fund managed by the Group, has recently successfully participated as a cornerstone investor in the listing and issuance of iMotion Automotive Technology (Suzhou) Co., Ltd. ("iMotion" / "Zhi Xing Technology", Stock Code: 1274.HK) on the Main Board of The Stock Exchange of Hong Kong Limited ("HKEX").

As a leading provider of autonomous driving solutions in China, iMotion possesses advanced research and development capabilities in autonomous driving domain controllers and profound technological reserves. This investment not only reflects Silkywater Absolute Return LPF's long-term confidence in the digital and intelligent transformation of the global automotive industry, but also serves as a strong testament to the Group's forward-looking strategic deployment in cutting-edge technological sectors.

Silkywater Absolute Return LPF has always adhered to the core investment philosophy of "Value Discovery" and "Absolute Return", striving to discover top-tier enterprises globally that possess core competitiveness, leading technological barriers, and sustainable development capabilities. Smart mobility and artificial intelligence are among the core strategic directions heavily focused on by the Group. iMotion's market-leading position in the autonomous driving sector, coupled with its robust and stable cooperative relationships with top-tier Original Equipment Manufacturers (OEMs), demonstrates its exceptional growth potential.

A spokesperson for Aqua Capital stated: "The Group extends its sincere congratulations to iMotion on its successful entry into the international capital market. Participating in iMotion's listing process as a cornerstone investor strongly highlights our unwavering optimism regarding the smart mobility sector. Looking ahead, the Group will continue to leverage its profound professional experience to empower more outstanding enterprises equipped with core technologies to achieve long-term value enhancement, thereby creating long-term value for our diversified investment portfolios."

Attachment Notice: 20231212 iMotion