--- title: "The Intel veteran who took UISEE (驭势科技) from a Beijing garage to a HK$8.5 billion market cap" date: 2026-11-07 category: Builders site: NeuroAI canonical: https://neuroai.site/a/na-people-wu-gansha-uisee language: en --- # The Intel veteran who took UISEE (驭势科技) from a Beijing garage to a HK$8.5 billion market cap > Wu Gansha (吴甘沙), former Intel China research chief, founded UISEE (驭势科技) in 2016 to automate airports and factories with L4 autonomous driving (L4级自动驾驶). It listed in Hong Kong on 3 November 2026. A self-driving luggage tug at Hong Kong International Airport has now logged more than 9.2 million kilometers without a human at the wheel. The company behind it, UISEE (驭势科技), reached the Hong Kong stock exchange on 3 November 2026 — and its founder, Wu Gansha (吴甘沙), had spent sixteen years inside Intel before betting everything on a garage startup. The story is a useful counterpoint to the Robotaxi frenzy: UISEE deliberately ignored open roads and went deep on airports and factories, the dull, high-stakes places where autonomy actually pays. ## Key takeaways - Wu Gansha (吴甘沙) earned a computer-science master's at Fudan University (2000) and spent 16 years at Intel, rising to chief engineer and then director of Intel China Research, before founding UISEE (驭势科技) in Beijing in February 2016. - UISEE focuses on L4 autonomous driving (L4级自动驾驶) for enclosed scenarios — airports and industrial parks — not open-road Robotaxi. - At Hong Kong International Airport from December 2019 it ran a regular, truly driverless airport-logistics operation that the company describes as a world first, later expanding to 17 Chinese and 3 overseas airports with over 9.2 million km driven. - Per Frost & Sullivan, UISEE held a 90.5% share of Greater China's airport L4 commercial-vehicle autonomy in 2025 and a 31.7% factory-scenario share, both No. 1. - UISEE TECH (01511.HK) listed on HKEX on 3 November 2026 at HK$60.3, raising about HK$795 million (≈ US$102 million) net, with a market cap near HK$8.5 billion (≈ US$1.09 billion); the stock closed its first day at HK$57.5, 4.6% below the offer. ## From Intel lifer to garage founder Wu's resume is the opposite of a typical startup founder's. After Fudan he joined Intel China Research in 2000, did stints in mobile Java and multicore programming, and in 2014 became director of Intel China Research. He has said he watched two tech waves (the PC era and the internet era) from the outside and refused to miss a third: artificial intelligence from 2016 onward. In February 2016 he left Intel and, with colleagues from Intel and the autonomous-driving world, started UISEE (驭势科技) in a garage in Beijing's Fangshan district. The name is drawn from the ancient strategist Guiguzi, and the English acronym UISEE stands for universal, affordable, safe, efficient and eco-friendly. ## Picking the boring, profitable lane Where rivals chased Robotaxi on public roads, Wu steered UISEE (驭势科技) into enclosed, rules-heavy environments. The turning point came at Hong Kong International Airport in December 2019, when its driverless luggage vehicles began regular operation. That proof point opened doors to Singapore Changi and Hamad International in Qatar. The strategy was four deliberate pivots Wu has described publicly: from building cars to not building cars, from moving people to moving freight, from enclosed to open scenarios, and from single to full-scenario autonomy. UISEE (驭势科技) kept an L2/L2+ driver-assistance business alive to fund the L4 push. Its self-developed U-Drive system spans passenger L2+ to commercial L4. ## The numbers behind the debut UISEE (驭势科技) listed under HKEX's 18C regime for specialist technology firms. At the offer price of HK$60.3 it sold 14,461,200 H shares, netting about HK$795 million (≈ US$102 million); cornerstones including a Xiong'an autonomous-driving entity and a 58 Group affiliate took roughly HK$261 million. Public retail demand was extraordinary — about 6,777 times oversubscribed — yet the shares opened at HK$56 and closed at HK$57.5, a 4.6% discount to the offer, a split that captures the market's mixed mood. The prospectus tells a "high-growth, not-yet-profitable" story. Revenue rose from RMB 161 million in 2023 to RMB 328 million in 2025 (a 42.7% compound rate; ≈ US$46 million), with gross margins of 48.8%, 43.7% and 51.1%. But net losses totaled RMB 655 million across the three years (≈ US$92 million), driven by R&D spending equal to 71–114% of revenue. UISEE (驭势科技) holds 661 granted patents and serves 249 customers in six countries, 35 of them Fortune 500 firms. ## What readers can do now - **If you invest in autonomy, separate "open-road" from "enclosed" players.** UISEE (驭势科技) shows that profitable-adjacent deployment can come from airports and factories, not just Robotaxi. - **Read the 18C filings for real unit economics.** HKEX requires specialist-tech issuers to disclose milestones; use them instead of press-release ranges. - **Watch the airport-scenario moat.** A 90.5% share is a strong position, but question how defensible it stays as incumbents and OEMs build their own stacks. ## Honest limitations This article uses HKEX listing data reported by AASTOCKS and the company's prospectus as summarized in Chinese financial media; I have not read the original HKEX filing directly. The IPO price (HK$60.3), share count, net proceeds (≈ HK$795 million), market cap (≈ HK$8.5 billion) and first-day close (HK$57.5) are consistent across multiple AASTOCKS dispatches. The 90.5% and 31.7% market-share figures come from Frost & Sullivan via the prospectus and are the issuer's commissioned estimates, not independently audited market data. The 9.2 million km and 17+3 airport counts are company-stated. I have not compared UISEE's (驭势科技) losses to peers like WeRide or Pony.ai in depth, and I treat the "first driverless airport operation" claim as the company's own, corroborated by Chinese media rather than an independent historical audit. --- Published by NeuroAI (https://neuroai.site/) — https://neuroai.site/a/na-people-wu-gansha-uisee Free to quote with attribution and a link to the original.