FIBOCOM(SZ:300638) Sou Hu Cai Jing·2025-10-23 14:46Core Viewpoint - Guanghetong Wireless Co., Ltd. has officially listed on the Hong Kong Stock Exchange, completing its "A+H" dual capital platform strategy, which enhances its global financing capabilities and supports its technological evolution and global business expansion [1][5]. Group 1: Company Overview - Guanghetong is a leader in the wireless communication module sector, integrating "communication + AI" to create a comprehensive soft and hardware solution [3]. - The company has penetrated various cutting-edge industry scenarios, including industrial internet, intelligent connected vehicles, smart energy, and smart cities, driving the intelligent upgrade of industries [3]. Group 2: Financial Details - In the H-share international offering, Guanghetong issued 135 million shares at a price of HKD 21.50 per share, raising approximately HKD 2.9 billion [5]. - The issuance attracted ten well-known cornerstone investors, with a total subscription amount of HKD 1.253 billion, reflecting strong market confidence in Guanghetong's technological advantages and business prospects [5]. Group 3: Strategic Partnerships - The partnership with Deloitte has been significant, as they have supported Guanghetong since 2011, helping it become the first company in the domestic wireless communication module sector to list on the Growth Enterprise Market in 2017 and facilitating its successful listing on the Hong Kong Stock Exchange [5][9]. - Deloitte's expertise in cross-border listing services was crucial, providing professional support throughout the listing process, which took only eight months [7]. Group 4: Industry Impact - Guanghetong's listing is seen as a practical application of Deloitte's service philosophy of "long-term companionship and deep empowerment," aiming to assist more Chinese technology companies in accessing domestic and international capital markets [9]. - The listing is positioned as a step towards achieving a comprehensive leap from "technological leadership" to "capital leadership" for Chinese technology enterprises, reinforcing the financial foundation for high-quality global development of the technology industry [9].