Zheng Quan Shi Bao Wang·2025-12-26 00:15Company Overview - Miao Exhibition has submitted a listing application to the Hong Kong Stock Exchange, with China Merchants Securities International as its sole sponsor [1] - The company's business is primarily divided into exhibition organizing services, exhibition agency services, and other services such as online marketing, with exhibition organizing being the core [1] Market Position - Miao Exhibition ranks first among all overseas exhibition organizations in China based on the number and area of self-organized overseas exhibitions planned for 2024, according to Frost & Sullivan [1] - The company has successfully organized 77 exhibitions, attracting tens of thousands of exhibitors and incubating over ten industry-specific exhibition brands covering areas such as home goods and consumer electronics [1] Industry Growth - From 2020 to 2024, the Chinese exhibition industry has shown significant recovery in terms of the number and area of exhibitions, with the number of exhibitions increasing from 5,408 in 2020 to 9,110 in 2024 [1] - It is projected that the number of exhibitions will further increase from 10,385 in 2025 to 15,693 in 2029, representing a compound annual growth rate of 11.5% during the forecast period [1] International Market Expansion - The overseas exhibition market continues to grow robustly, supported by national initiatives to help Chinese enterprises expand into international markets, diversify trade partners, and enhance the global competitiveness of Chinese products [1] - The total number of overseas exhibitions is expected to rise from 216 in 2024 to 315 in 2029 [1]