Sou Hu Cai Jing·2026-02-01 23:56Core Viewpoint - Tiandi Hexing has submitted its application to the Hong Kong Stock Exchange, with CITIC Securities International and Orient Securities International acting as joint sponsors [1] Company Overview - Tiandi Hexing is a well-known provider of industrial cybersecurity and energy digitalization solutions in China, focusing on asset security for critical infrastructure such as power and petrochemical sectors [1] Market Position - According to Frost & Sullivan, Tiandi Hexing is projected to hold the largest market share in China's industrial cybersecurity market in 2024, with a market share of 6.7%, and an even higher market share of 8.4% in the energy sector [1] Market Growth - The Chinese industrial cybersecurity market is expected to reach 29.4 billion yuan by 2029, with a compound annual growth rate (CAGR) of 25.0%. The market for digitalization solutions in the energy sector is anticipated to reach 118.2 billion yuan [1]