Core Viewpoint - The 2026 International Consumer Electronics Show (CES 2026) will take place from January 6 to 9 in Las Vegas, showcasing numerous A-share listed companies with their latest products in popular sectors such as robotics, smart hardware, and new energy vehicles [6]. Robotics - Ninebot will unveil a new multi-scenario lawn mowing robot, enhancing its product matrix [2]. - Stone Technology is expected to debut its "embodied intelligence black technology" as a representative of smart cleaning robots [7]. - Lingyi Technology will present a comprehensive robotics technology matrix, showcasing core components and application solutions [8]. - Zhaowei Electromechanical will showcase a new generation of dexterous hands with 20 degrees of freedom [9]. - Orbbec will release multiple 3D camera products suitable for humanoid robots, enhancing visual solutions for precise operations [9]. - Ecovacs will introduce a pool cleaning robot and the latest developments in embodied intelligence [9]. - Lens Technology will debut a highly dexterous bionic hand and head assembly, integrating self-developed reducers for improved performance [10]. - Megvii will collaborate with Yimai Intelligent to launch two new micro AI robot products [11]. Smart Glasses - Tianjian Co. will present its latest AI and AR glasses at CES 2026, focusing on AI glasses, AI headphones, and smart speakers [12]. - XGIMI Technology will globally launch its new AI glasses brand "MemoMind" [13]. - GoerTek will showcase multiple innovative MR/AR/smart glasses, enhancing the "AI + smart interaction" experience [13]. - Guangfeng Technology will present three LCoS AR optical products: Wax Girl G1, Dragonfly G1 mini, and Rainbow C1 [14]. Storage Solutions - Baiwei Storage will highlight consumer-grade storage solutions, including a Mini SSD that rivals flagship PCIe Gen4 SSDs, supporting Meta's AI/AR glasses [15]. - Jiangbolong will enhance its consumer market brand with a collaboration featuring a special edition storage product linked to the Argentina national football team [15]. - Rockchip will showcase audio and machine vision products, with its RK3588 chip being widely applied in various robotic forms [15]. Automotive Innovations - Great Wall Motors will return to CES with its full product line and core technology matrix, focusing on new energy and AI vehicles [17]. Display Technologies - TCL Technology will unveil its "machine king" series of televisions and the world's first printed OLED vehicle display solution [5]. - Hisense will launch a new generation of RGB-Mini LED display technology [5]. - BOE will showcase over 60 cutting-edge display technologies and IoT solutions, including the global debut of the "HERO 2.0 smart cockpit" [19].

Core Viewpoint - Megmeet Smart (002881.SZ) has submitted an updated application for its issuance and listing to the Hong Kong Stock Exchange on December 19, 2025, in compliance with the requirements of the Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange [1] Group 1 - The updated application materials were published on the Hong Kong Stock Exchange's website on the same day [1] - The application documents are in draft form and may be subject to updates and revisions as required [1]

Group 1 - The core point of the article is that Meige Intelligent (002881.SZ) has submitted an updated application for its issuance and listing to the Hong Kong Stock Exchange on December 19, 2025 [1] - The application materials were prepared and published in accordance with the requirements of the Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange [1] - The submitted documents are in draft form and may be updated and revised as necessary [1]

证券代码：002881 证券简称：美格智能 公告编号：2025-097 美格智能技术股份有限公司 关于申请发行境外上市股份（H股）并上市的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 美格智能技术股份有限公司（以下简称"公司"）正在进行申请发行境外上 市股份（H股）并在香港联合交易所有限公司（以下简称"香港联交所"）主板 上市的相关工作（以下简称"本次境外发行上市"）。公司已于2025年6月18日 向香港联交所递交了本次发行并上市的申请，并于同日在香港联交所网站刊登了 相关申请资料。 根据本次发行上市的时间安排及香港联交所的相关规定，公司已于2025年12 月19日向香港联交所更新递交了本次发行上市的申请，并于同日在香港联交所网 站刊登了本次发行上市的更新申请资料。该相关申请资料为公司按照香港证券及 期货事务监察委员会（以下简称"香港证监会"）和香港联交所的要求编制和刊 发，为草拟版本，其所载资料可能会适时作出更新及修订。 中文： https://www1.hkexnews.hk/app/sehk/2025/107979/documents/seh ...

Group 1 - Shenzhen Dazhu CNC Technology Co., Ltd. is involved in the manufacturing and development of CNC equipment [1] - Liuliu Fruit Garden Group Co., Ltd. focuses on the agricultural sector, particularly in fruit cultivation and distribution [2] - Ridge Outdoor International Limited specializes in outdoor equipment and apparel [3] Group 2 - Shanghai Tianshu Zhixin Semiconductor Co., Ltd. is engaged in semiconductor technology and innovation [4] - Megmeet Intelligent Technology Co., Ltd. operates in the field of intelligent technology solutions [5]

Core Viewpoint - MeiG Smart Technology Co., Ltd. is seeking to go public on the Hong Kong Stock Exchange after a previous application was invalidated, indicating a renewed effort to raise capital for its operations in the wireless communication module sector [2][3]. Company Overview - Established in 2007, MeiG Smart is a leading provider of wireless communication modules and solutions, focusing on high-performance smart modules to promote the application of AI and 5G technology [3][4]. - The company ranked fourth globally in the wireless communication module industry with a market share of 6.4% as of 2024, according to Frost & Sullivan [3]. Product Portfolio - MeiG Smart's product offerings include high-performance smart modules, conventional smart modules, and data transmission modules, catering to various applications in the Internet of Things (IoT), smart connected vehicles, and wireless broadband sectors [4][5][6]. - The company was the first to launch smart modules in 2014 and has achieved significant milestones, including the deployment of 5G smart modules in electric vehicles [4]. Financial Performance - The company's revenue for the years 2022, 2023, and projected for 2024 and the first half of 2025 are as follows: RMB 2.30 billion, RMB 2.15 billion, RMB 2.94 billion, and RMB 1.89 billion respectively [12][13]. - Net profits for the same periods were RMB 126.6 million, RMB 62.6 million, RMB 134.4 million, and RMB 84.2 million [12][13]. Shareholding Structure - Prior to the IPO, the major shareholder, Mr. Wang Ping, holds approximately 49.16% of the company, with 39.13% directly and an additional 10.03% through Zhaoge Investment [8][9]. Management Team - The board of directors consists of seven members, including four executive directors and three independent non-executive directors, highlighting a diverse leadership structure [11][12]. Underwriting and Advisory Team - The IPO is being managed by a team that includes CICC as the sole sponsor, Ernst & Young as the auditor, and various law firms for legal counsel in China, Hong Kong, and the United States [14][15].

Core Viewpoint - Meige Intelligent Technology Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, marking its second attempt this year, with CICC as the sole sponsor [1] Group 1: Company Overview - Meige Intelligent is a leading global provider of wireless communication modules and solutions, focusing on intelligent modules, particularly high-performance intelligent modules [1] - The company aims to promote the widespread application of intelligentization, edge AI, and 5G communication [1] Group 2: Market Position - According to Frost & Sullivan, Meige Intelligent ranks fourth in the global wireless communication module industry by revenue, holding a market share of 6.4% in 2024 [1]

Company Overview - Meige Intelligent Technology Co., Ltd. (referred to as Meige Intelligent) has submitted a listing application to the Hong Kong Stock Exchange, with China International Capital Corporation as its sole sponsor. This marks the company's second application this year, having previously submitted one on June 18 [1] - Meige Intelligent is a leading global provider of wireless communication modules and solutions, focusing on smart modules, particularly high-performance intelligent modules, to drive the widespread application of AI and 5G communication [2][3] Market Position - According to Frost & Sullivan, Meige Intelligent ranks fourth in the global wireless communication module industry by revenue in 2024, holding a market share of 6.4% [1] - The company is the largest supplier of high-performance intelligent modules, with a projected market share of 29.0% in 2024 [4] Product Development - Meige Intelligent has established a competitive advantage by focusing on high-performance intelligent modules and customized solutions, leading the technological development in the industry [3] - The company was the first globally to launch intelligent module products in 2014 and achieved large-scale deployment of 5G intelligent modules in new energy vehicles in 2021 [3][4] Financial Performance - The company reported revenues of RMB 2.305 billion in 2022, RMB 2.147 billion in 2023, and projected revenues of RMB 2.941 billion in 2024 [7] - Gross profit for the same periods was RMB 405.375 million, RMB 396.138 million, and projected RMB 484.662 million, with corresponding gross profit margins of 17.6%, 18.4%, and 16.5% [8] - Net profit for 2022 was RMB 126.615 million, decreasing to RMB 62.609 million in 2023, with a projected increase to RMB 134.375 million in 2024 [9] Industry Overview - The global wireless communication module market is expected to grow from RMB 32.3 billion in 2020 to RMB 43.6 billion in 2024, with a compound annual growth rate (CAGR) of 7.7% [10] - The Chinese market is projected to expand from RMB 17.4 billion in 2020 to RMB 24.7 billion in 2024, achieving a CAGR of 9.1% [10] - The demand for high-performance intelligent modules is expected to increase significantly, with the market size projected to grow from RMB 1.4 billion in 2020 to RMB 3.5 billion in 2024, reflecting a CAGR of 29.2% [13] Application Scenarios - The market for wireless communication modules in the Internet of Things (IoT) is expected to grow from RMB 16.8 billion in 2020 to RMB 22.0 billion in 2024, with a CAGR of 6.9% [17] - The smart connected vehicle market is projected to grow from RMB 2.3 billion in 2020 to RMB 5.0 billion in 2024, with a CAGR of 21.3% [20]

Group 1: Company Overview - Meige Intelligent Technology Co., Ltd. (referred to as Meige Intelligent) has submitted a listing application to the Hong Kong Stock Exchange, with China International Capital Corporation as its sole sponsor [1] - This is the second application submitted by the company in 2023, following an earlier submission on June 18 [1] - According to Frost & Sullivan, Meige Intelligent ranks fourth in the global wireless communication module industry by revenue, holding a market share of 6.4% in 2024 [1] Group 2: Business Focus and Product Offerings - Meige Intelligent is a leading provider of wireless communication modules and solutions, focusing on smart modules, particularly high-performance smart modules, to drive the application of AI and 5G communication [3] - The company emphasizes three core application areas: the Internet of Things (IoT), intelligent connected vehicles, and wireless broadband [3] - Meige Intelligent was the first company globally to launch smart module products in 2014 and achieved large-scale deployment of 5G smart modules in new energy vehicles in 2021 [3] Group 3: Market Position and Competitive Advantage - In the high-performance smart module sector, Meige Intelligent is the largest supplier globally, with a market share of 29.0% in 2024 [4] - The company has developed a product matrix of high-performance smart modules with computing power ranging from 8 TOPS to 64 TOPS, supporting various mainstream AI models [4] - Meige Intelligent is recognized as a pioneer in the transition from 4G to 5G in the wireless communication module industry, being among the first to launch 5G data transmission modules [5] Group 4: Financial Performance - The company reported revenues of RMB 2.30 billion in 2022, RMB 2.15 billion in 2023, and projected revenues of RMB 2.94 billion in 2024 [7] - Gross profit for the same periods was RMB 405.38 million, RMB 396.14 million, and projected RMB 484.66 million, with corresponding gross profit margins of 17.6%, 18.4%, and 16.5% [8] - Net profit for 2022 was RMB 126.62 million, decreasing to RMB 62.61 million in 2023, with a projected increase to RMB 134.38 million in 2024 [9] Group 5: Industry Overview - The global wireless communication module market is expected to grow from RMB 32.3 billion in 2020 to RMB 43.6 billion in 2024, with a compound annual growth rate (CAGR) of 7.7% [10] - The Chinese market for wireless communication modules is projected to expand from RMB 17.4 billion in 2020 to RMB 24.7 billion in 2024, achieving a CAGR of 9.1% [10] - The demand for high-performance smart modules is anticipated to increase significantly, with the market size expected to grow from RMB 1.4 billion in 2020 to RMB 3.5 billion in 2024, reflecting a CAGR of 29.2% [13]

Group 1 - The core point of the article is that Meige Intelligent Technology Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange for the second time in 2023, with CICC as the sole sponsor [1] - Meige Intelligent is a leading global provider of wireless communication modules and solutions, focusing on intelligent modules, particularly high-performance intelligent modules, to promote the widespread application of AI and 5G communication [1] - According to Frost & Sullivan, Meige Intelligent is ranked fourth in the global wireless communication module industry by revenue, holding a market share of 6.4% in 2024 [1]