New stock news | Meg Intelligence (002881.SZ) applies for a second listing on the Hong Kong Stock Exchange.

According to the Zhongtong Financial APP, it was revealed by the Hong Kong Stock Exchange on December 19th that Meg Intelligent Technology Co., Ltd. (referred to as Meg Intelligent, 002881.SZ) has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with China International Capital Corporation Limited (CICC) as its exclusive sponsor. This is the second time the company has submitted an application this year, as they previously submitted an application to the Hong Kong Stock Exchange on June 18th. The prospectus shows that Meg Intelligent is a leading global provider of wireless communication modules and solutions, with intelligent modules (especially high computing power intelligent modules) as its core, promoting the widespread application of intelligence, edge AI, and 5G communication. According to Frost & Sullivan data, by 2024, based on revenue from wireless communication module business, the company ranks fourth in the global wireless communication module industry, with a market share of 6.4%.