TMTPOST — Nasen Intelligent Technology has launched a global offering of 57.6 million H-shares on the Hong Kong bourses, targeting a maximum fundraising volume of HK$644 million ($82.1 million) within a price band of HK$10.42 to HK$11.18 per share. The Hangzhou-based automotive chassis and brake-by-wire system developer has slated its official trading debut for August 7. Haitong International and BOC International are acting as joint sponsors for the transaction. The listing follows a decade of private fundraising rounds that brought in institutional backers including Contemporary Amperex Technology and Hillhouse Capital. Proceeds from the offering will fund further research, capacity scaling, and commercial deployment of its intelligent driving execution systems.