Company Overview - Ruijunlian has submitted a listing application to the Hong Kong Stock Exchange, with CMB International as the sole sponsor [1] - By 2024, Ruijunlian is the largest provider of smart intercom solutions in North America and Europe, with cloud services covering over 530,000 households globally as of September 30, 2025 [1] - The company offers AI-driven smart intercoms, access control devices, smart home equipment, and cloud services, targeting the global mid-to-high-end market across four main scenarios: residential, elderly care, commercial office, and community management [1] Technology and Integration - Ruijunlian employs an open architecture that allows seamless integration with third-party smart home devices, differing from traditional brands that use a closed architecture [1] - As of September 30, 2025, the company has sold nearly 2 million smart community solutions globally and has over 1 million mobile app users, collaborating with more than 180 distributors across 66 countries and regions [1] Market Growth - The global smart community market is rapidly expanding, with its size increasing from $467.8 billion in 2020 to an estimated $850.9 billion by 2024, reflecting a compound annual growth rate (CAGR) of 16.1% [1] - It is projected to reach $1,498.6 billion by 2029, with a CAGR of 12.3% from 2024 to 2029, driven by increased penetration of residential smart technology, deeper cross-scenario integration, and digital upgrades in community operations [1] Industry Insights - The smart intercom industry encompasses upstream components, midstream product manufacturing, and downstream applications [2] - The global intercom market is in a stable development phase, with its size growing from $1.68 billion in 2020 to $2.71 billion by 2024, representing a CAGR of 12.7% [2] - It is expected to reach $3.93 billion by 2029, with a CAGR of 7.7% from 2025 to 2029 [2]
睿云联递表港交所 招银国际为独家保荐人
Zheng Quan Shi Bao Wang·2026-01-19 00:26