启明星|中国线控底盘领导者拿森科技成功登陆香港交易所
启明星 | 中国线控底盘领导者拿森科技成功登陆香港交易所 | Bilingual
2026年08月07日 10:4
（来源：启明创投）
北京时间 2026 年 8 月 7 日， 启明创投投资企业、中国线控底盘领导者拿森科技成功登陆港交所。 拿森科技（ 02261.HK ）发行价为10.42 港元 / 股，开盘价16.9 港元 / 股，市值100.6 亿港元。
启明创投于2018年联合领投了拿森科技的A轮融资，并在B轮融资中继续支持公司发展。IPO前，启明创投持有拿森科技8.43%的股份，为最大机构投资方。拿森科技成立于2016年，聚焦于为智能驾驶提供关键任务型线控制动解决方案，提升智能驾驶产业链的自主性。作为行业参与者，拿森科技以全栈式解决方案促进线控制动行业的发展，推动该行业实现从无到有，从有到优的跨越。根据灼识咨询的资料，拿森科技是中国首家将电控制动助力解决方案（NBS解决方案）应用于L4级无人驾驶汽车商业化运营的企业，同时也是最早将自主电控制动助力解决方案（NBS解决方案）向头部国产电动汽车主机厂供应的中国企业。以2025年线控制动解决方案销量计算，拿森科技是中国前三大内资线控制动解决方案供应商之一，也是中国第二大内资独立第三方线控制动解决方案供应商。依托在汽车行业线控制动技术领域积淀的成熟研发与量产经验，以及控制算法、软件和硬件等核心技术，拿森科技已具备拓展至人形机器人和低空飞行器运动控制领域的良好基础，持续培育发展空间巨大的业务增长第二曲线。拿森科技创始人兼董事会主席陶喆表示：“中国汽车产业正在经历电动化、智能化和核心技术自主化的深刻变革。站在上市的新起点，拿森科技将把握产业发展机遇，继续深耕汽车运动控制领域，加快核心技术创新和全球化布局，努力成长为具有国际竞争力的线控底盘企业。”启明创投创始主管合伙人邝子平表示：“2018年投资拿森科技时，我们看重的是创始团队在中国本土自主研发线控底盘核心技术与关键零部件的决心，以及扎实的技术功底与产业化落地能力。在智能驾驶浪潮下，线控制动与线控底盘作为保障自动驾驶安全的核心硬件，本土创新力量拥有广阔的发展空间。很高兴见证拿森科技迎来登陆资本市场这一里程碑时刻。展望未来，依托在控制算法、软件与硬件领域积累的核心能力，我们相信拿森科技有望将技术优势延伸至具身智能机器人的核心软硬件，打开更为广阔的市场空间，并持续巩固产业优势、走向全球。”
Chinese X-by-Wire Chassis Leader NASN Intelligent Tech Lists on Hong Kong Stock Exchange
NASN Intelligent Tech, a portfolio company of Qiming Venture Partners and Chinese X-by-wire chassis leader, successfully listed on the Hong Kong Stock Exchange on August 7, 2026 Beijing time. NASN Intelligent Tech (02261. HK) issued its shares at a price of HK$10.42 per share and opened at HK$16.9 per share with a market capitalization of HK$10.06 billion.Qiming Venture Partners invested in the Round A financing of NASN Intelligent Techas a co-lead-investor in 2018 and continued to invest in the company in the Round B financing. Before the IPO, Qiming Venture Partners held an 8.43 percent stake in NASN Intelligent Tech as the largest institutional investor.Founded in 2016, NASN Intelligent Techfocuses on delivering mission-critical X-by-wiresolutions for intelligent driving and enhancing the independence of the intelligent driving supply chain. As a contributor in the industry, NASN Intelligent Tech drives the development of the X-by-wire industry with its full-stack solutions, advancing the industry from inception to excellence.According to the information from China Insights Consultancy, NASN Intelligent Tech is the first Chinese company to commercial the electronic brake booster solution (NBS solution) for L4 autonomous vehicles and to supply proprietary electronic brake booster solution (NBS solution) to leading Chinese EV OEMs. In terms of the brake-by-wire solution sales volume in 2025, NASN Intelligent Techis among the top three Chinese brake-by-wiresolution providers and the second-largest independent third-party brake-by-wire solution provider.Leveraging its proven R&D and mass-production expertise in automotive X-by-wire technology, as well as core competencies in control algorithms, software and hardware, NASN Intelligent Tech is well-positioned to expand into humanoid robotics and low-altitude aircrafts motion control. This means while achieving rapid growth in the automotive sector, NASN Intelligent Tech has the capacity for cross-industry technology deployment and is cultivating a high-potential second growth curve in adjacent markets.Tao Zhe, Founder and Chairman of NASN Intelligent Tech, said: “China’s automotive industry is undergoing profound shifts toward electrification, intelligentization and indigenous core technology development. Standing at the new milestone of our listing, NASN Intelligent Tech will seize industrial growth opportunities, further deepen our focus on automotive motion control, accelerate core technological innovation and global expansion, and strive to become an internationally competitive X-by-wire chassis enterprise.”Duane Kuang, Founding Managing Partner at Qiming Venture Partners, said, “When we invested in NASN Intelligent Tech in 2018, we believed in the founding team’s determination to independently develop and manufacture the core technologies and key components of X-by-wire chassis systems in China, along with their solid engineering depth and proven ability to deliver at scale. Amid the sweeping wave of intelligent driving, brake-by-wire and X-by-wire chassis serve as the core hardware safeguarding autonomous driving safety, and domestic innovators have vast room to grow in this field. We are delighted to witness NASN Intelligent Tech reach this milestone of listing on the public market. Looking ahead, building on its core capabilities in control algorithms, software and hardware, we believe NASN Intelligent Tech is well-positioned to extend these strengths into the core software and hardware of embodied intelligent robotics, opening up an even broader market while continuing to consolidate its industrial advantages and expand globally.”