FIBOCOM(SZ:300638) Sou Hu Cai Jing·2025-10-26 05:25Core Insights - Shenzhen Guanghetong Wireless Co., Ltd. successfully listed on the Hong Kong Stock Exchange, marking a significant milestone for A+H share enterprises [1][3] - Guanghetong is a leading player in the global communication module industry, with a market share ranking second globally and first in several verticals [3] Group 1 - Guanghetong's products are widely used in emerging fields such as automotive electronics and smart home applications, serving major clients like BYD, Lenovo, and HP [3] - The investment by Jiangxi Ganxiang Industrial Investment Group represents its first participation in an overseas direct investment (ODI) project [3] - The successful listing was facilitated by the "private placement investment" model and the strategic location advantages of Shangli as a core cooperation node in the Ganxiang region [3] Group 2 - Guanghetong plans to invest in the Jiangxi Guanghetong IoT Communication Industrial Park project in Shangli, gradually transferring its high-end product lines to the area [5] - The annual procurement demand for high-end PCB products by Guanghetong is approximately 200 million yuan, which will synergize with existing listed companies in Shangli, such as Jiahe Intelligent and Guoguang Electric [5] - This initiative aims to create a "three-engine" model for industrial transformation and upgrading in Shangli, attracting more upstream and downstream supporting enterprises and enhancing the competitiveness of the PCB industry cluster [5]