MeiG(SZ:002881) Zhi Tong Cai Jing·2026-02-26 23:32Group 1 - The company, Meige Intelligent (002881), plans to conduct a global offering of 35 million H-shares from February 27 to March 5, 2026, with a maximum offer price of HKD 28.86 per share [1] - The company is a leading provider of wireless communication modules and solutions, focusing on high-performance intelligent modules, with applications in IoT, intelligent connected vehicles, and wireless broadband [1] - According to Frost & Sullivan, the company ranks fourth in the global wireless communication module industry with a market share of 6.4% as of 2024, in a market dominated by three major players who hold 65.7% of the revenue [1] Group 2 - The company's total revenue for the years 2022, 2023, and 2024 was RMB 2.306 billion, RMB 2.147 billion, and RMB 2.941 billion, respectively, with net profits of RMB 126.6 million, RMB 62.6 million, and RMB 134 million [2] - The company has secured cornerstone investors who will subscribe for shares amounting to approximately HKD 458.5 million, indicating strong confidence in the company's business prospects [2] - The net proceeds from the global offering are estimated to be approximately HKD 944.5 million, with 55% allocated for R&D and innovation, 10% for expanding overseas sales networks, 10% for strategic investments or acquisitions, 15% for repaying bank loans, and 10% for working capital and general corporate purposes [3]