New Share News | Che Lian Tian Xia's Hong Kong IPO and the "full circulation" of unlisted shares in the domestic market have been filed with the China Securities Regulatory Commission.
CheLink Global's IPO on the Hong Kong Stock Exchange and the "full circulation" of its unlisted shares in the domestic market have been filed with the China Securities Regulatory Commission.
On September 4, the International Cooperation Department of the China Securities Regulatory Commission issued a notice regarding the overseas issuance and listing of Wuxi CheLianTianXia Intelligent Technology Co., Ltd. and the "full circulation" filing of its unlisted shares in China. The company intends to issue no more than 68,263,500 overseas listed ordinary shares and list them on the Hong Kong Stock Exchange. A total of 39 shareholders plan to convert their combined 336,371,100 unlisted shares in China into overseas listed shares and list them for trading on the Hong Kong Stock Exchange.
The prospectus indicates that CheLianTianXia is a pioneer, promoter, and important participant in the evolution of automotive E/E architecture. With expertise in the comprehensive integration of intelligent automotive systems, the company has developed an integrated solution that encompasses hardware platforms, underlying software, application ecosystems, and service architectures. The company's product portfolio includes in-vehicle computing solutions and regional controller solutions. Under the in-vehicle computing solutions, the company offers various options such as intelligent cockpit domain controllers, cockpit and driving integration domain controllers, and the AutoseeOS software platform for vehicle manufacturers. According to Frost & Sullivan, the company ranks third in Chinas intelligent cockpit domain controller market by revenue in 2025.
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