New stock news | Senda Electric submitted documents to the Hong Kong Stock Exchange

According to the disclosure on June 10th by the Hong Kong Stock Exchange, Fujian Sendali Electric Co., Ltd. (referred to as Sendali Electric) has submitted an application to the Hong Kong Stock Exchange Main Board, with CISI FIN as its exclusive sponsor. According to the prospectus, the company was established in 1995 and is a technology-driven provider of intelligent power distribution equipment and control systems, mainly serving the fields of data centers and power grids. According to Frost & Sullivan data, by 2025, the company ranks second with a 3.3% market share in the revenue of complete power distribution equipment solutions for the data center industry (a segment of the communication industry).