香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因 倚賴該等內容而引致的任何損失承擔任何責任。 MeiG Smart Technology Co., Ltd. 美格智能技術股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：3268） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 茲載列美格智能技術股份有限公司（「本公司」）在深圳證券交易所網站發佈的《美 格智能技術股份有限公司2025年年度報告摘要》，僅供參閱。 承董事會命 美格智能技術股份有限公司 董事長 王平 中華人民共和國，深圳 2026年3月30日 截至本公告日期，本公司執行董事為王平先生、杜國彬先生、夏有慶先生及黃敏先生；及本 公司獨立非執行董事馬利軍博士、楊政先生及劉佳女士。 美格智能技术股份有限公司 2025 年年度报告摘要 证券代码：002881 证券简称：美格智能 公告编号：2026-018 □适用 不适用 董事会审议的报告期利润分配预案或公积金转增股本预案 适用 □不适用 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因 倚賴該等內容而引致的任何損失承擔任何責任。 MeiG Smart Technology Co., Ltd. 美格智能技術股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：3268） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 茲載列美格智能技術股份有限公司（「本公司」）在深圳證券交易所網站發佈的《美 格智能技術股份有限公司2025年年度報告》，僅供參閱。 承董事會命 美格智能技術股份有限公司 董事長 王平 中華人民共和國，深圳 2026年3月30日 截至本公告日期，本公司執行董事為王平先生、杜國彬先生、夏有慶先生及黃敏先生；及本 公司獨立非執行董事馬利軍博士、楊政先生及劉佳女士。 美格智能技术股份有限公司 2025 年年度报告全文 美格智能技术股份有限公司 2025 年年度报告 2026-017 2026 年 03 月 1 美格智能技术股份有限公司 2025 年年度报告全文 2025 年 ...

Core Viewpoint - Meig Smart (3268.HK) is set to launch its IPO from February 27 to March 5, 2026, with a listing on the Hong Kong Stock Exchange on March 10, 2026. The company aims to raise up to HKD 1.01 billion through the issuance of 35 million shares at a maximum price of HKD 28.86, representing a discount of approximately 48% compared to its latest A-share closing price [1][9]. Company Overview - Meig Smart is a leading provider of wireless communication modules and solutions, focusing on high-performance smart modules. Its products are widely used in the Internet of Things (IoT), intelligent connected vehicles (ICV), and wireless broadband sectors [6][5]. - According to Frost & Sullivan, Meig Smart ranks fourth in the global wireless communication module industry, holding a market share of 6.4% as of 2024 [6][7]. Financial Highlights - The company expects to generate revenue of CNY 2.941 billion and a net profit of CNY 134 million in 2024, reflecting a year-on-year growth of 114.63% [11]. - The gross profit margin for 2024 is projected to be 18.45%, with a steady increase in profitability over the past three years [12][11]. IPO Details - The IPO will consist of 35 million shares, with an issuance ratio of 11.79%. The total market capitalization post-IPO is estimated to be around HKD 8.564 billion [1][9]. - The offering mechanism will be a fixed public offering of 10%, with no mandatory clawback [9]. Investor Participation - Eight cornerstone investors have committed to subscribing for approximately HKD 459 million, accounting for 45.39% of the global offering [1][22]. - The total subscription amount for the IPO reached HKD 877 million, with a subscription multiple of approximately 8.68 times as of February 27, 2026 [2][3]. Market Context - The global wireless communication module market is expected to grow at a compound annual growth rate (CAGR) of 10.6% from 2024 to 2029, indicating a robust growth trajectory for the industry [10].

Group 1 - The company, Meige Intelligent (03268.HK), has launched an IPO, planning to globally offer 35 million H shares, with a maximum offer price of HKD 28.86 per share, aiming to raise approximately HKD 9.45 billion in net proceeds [2] - The company intends to allocate 55% of the raised funds for R&D innovation, 10% for expanding overseas sales networks, 10% for strategic investments and/or acquisitions, 15% for repaying bank loans, and 10% for working capital and general corporate purposes [2] - The IPO subscription period is from February 27 to March 5, with trading expected to commence on March 10 on the Hong Kong Stock Exchange [2] Group 2 - According to Frost & Sullivan, Meige Intelligent ranks fourth globally in wireless communication module business revenue for 2024, holding a market share of 6.4% [3] - The company is a leader in several segments, ranking first in global 5G vehicle module revenue (35.9% market share) and high-performance intelligent module revenue (29.0% market share), and third in conventional intelligent module revenue (15.1% market share) [3] - The revenue structure indicates that customized products and solutions are the main revenue source, accounting for 90.5% of revenue in the first three quarters of 2025, with total revenue of RMB 1.865 billion, representing 66.1% of total revenue [3] Group 3 - Meige Intelligent has secured several cornerstone investors, including Baoyue Gongying, Ruiming Electronics, Mingxing Electronics Hong Kong, and Harvest, who have agreed to subscribe for shares totaling approximately HKD 459 million at the offer price [4]

Group 1 - The company, Meige Intelligent (03268), plans to conduct a global offering of 35 million H-shares from February 27 to March 5, 2026, with 10% allocated for Hong Kong and 90% for international sales, and an additional 15% for overallotment [1] - The maximum offering price is set at HKD 28.86 per share, with trading expected to commence on March 10, 2026 [1] - The company is a leading provider of wireless communication modules and solutions, focusing on high-performance intelligent modules, widely used in IoT, intelligent connected vehicles, and wireless broadband sectors [1] Group 2 - The net proceeds from the global offering are estimated to be approximately HKD 944.5 million, assuming the overallotment option is not exercised [2] - Approximately 55% of the proceeds is expected to enhance research and innovation capabilities, 10% for expanding overseas sales networks, another 10% for strategic investments or acquisitions, 15% for repaying certain interest-bearing bank loans maturing after June 2025, and 10% for working capital and general corporate purposes [2] - The cornerstone investors, including Baoyue Gongying and Mingxing Electronics Hong Kong, have committed to subscribe for shares amounting to approximately HKD 458.5 million, indicating strong confidence in the company's business prospects [1][2]

Group 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]

Group 1 - The company, Meige Intelligent (03268), plans to conduct an initial public offering (IPO) from February 27, 2026, to March 5, 2026, with a global offering of 35 million H-shares, where 10% will be offered in Hong Kong and 90% internationally, with an additional 15% for over-allotment [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% in 2024, while the top three players hold 65.7% of the market revenue [1] Group 2 - The company's total revenue for the years 2022, 2023, 2024, and the nine months ending September 30, 2024, and 2025, were RMB 2.306 billion, RMB 2.147 billion, RMB 2.941 billion, RMB 2.182 billion, and RMB 2.821 billion, respectively, with net profits of RMB 126.6 million, RMB 62.6 million, RMB 134 million, RMB 90.5 million, and RMB 113 million [2] - The company has entered into cornerstone investment agreements with several investors, including Baoyue Gongying and Mingxing Electronics, to subscribe for shares amounting to approximately HKD 458.5 million at the offering price, indicating strong confidence in the company's business prospects [2] - Based on the maximum offering price of HKD 28.86 per H-share, the net proceeds from the global offering are expected to be approximately HKD 944.5 million, with allocations for R&D (55%), overseas market expansion (10%), strategic investments (10%), debt repayment (15%), and working capital (10%) [3]

Core Viewpoint - Meig Smart Technology Co., Ltd. (002881.SZ) is undergoing a listing hearing on the Hong Kong Stock Exchange, with China International Capital Corporation (CICC) as the sole sponsor [1] Company Overview - Meig Smart is a leading provider of wireless communication modules and solutions, focusing on smart modules, particularly high-performance intelligent modules [3] - The company's products are widely used in the Internet of Things (IoT), intelligent connected vehicles (ICV), and wireless broadband sectors [3] Market Position - According to Frost & Sullivan, Meig Smart ranks fourth in the global wireless communication module industry by revenue, holding a market share of 6.4% in 2024 [3] - The global wireless communication module market is highly concentrated, with the top three players accounting for 65.7% of the market revenue in 2024, and the largest player holding 42.7% [3] Product Offerings - The company's wireless communication module product portfolio includes: - Smart modules with system-on-chip (SoC) processors and intelligent operating systems, divided into: - High-performance smart modules for complex algorithms and edge AI applications - Conventional smart modules for intelligent applications, such as customized software and multimedia functions - Data transmission modules focusing on secure and high-throughput data exchange [3][4] Custom Solutions - Meig Smart offers customized solutions that integrate hardware, software, and specific application development services, addressing complex integration challenges for clients [4] - The company aims to shorten R&D cycles and reduce technical risks for clients, thereby accelerating time-to-market for their products [4] Financial Performance - The company's revenue for the fiscal years ending December 31 for 2022, 2023, 2024, and the nine months ending September 30, 2025, are approximately: - 2022: 2.306 billion RMB - 2023: 2.147 billion RMB - 2024: 2.941 billion RMB - 2025 (nine months): 2.821 billion RMB [5][6] - The net profit for the same periods is approximately: - 2022: 126.6 million RMB - 2023: 62.6 million RMB - 2024: 134.4 million RMB - 2025 (nine months): 113.2 million RMB [5][6]

Core Viewpoint - Meige Intelligent Technology Co., Ltd. is set to list on the Hong Kong Stock Exchange, with China International Capital Corporation as the sole sponsor [1] Company Overview - Meige Intelligent is a leading provider of wireless communication modules and solutions, focusing on smart modules, particularly high-performance intelligent modules [3] - The company's products are widely used in the Internet of Things (IoT), intelligent connected vehicles (ICV), and wireless broadband sectors [3] Market Position - According to Frost & Sullivan, Meige Intelligent ranks fourth in the global wireless communication module industry with a market share of 6.4% as of 2024 [3] - The global market is highly concentrated, with the top three players accounting for 65.7% of the revenue, and the largest player holding 42.7% of the market share [3] Product Offerings - The company's wireless communication module product range includes: - Smart modules with system-on-chip (SoC) processors and intelligent operating systems, divided into: - High-performance smart modules for complex algorithms and edge AI applications - Conventional smart modules for intelligent applications, such as customized software and multimedia functions [3] - Data transmission modules focus on secure and high-throughput data exchange [4] Value Proposition - Meige Intelligent offers customized solutions that integrate hardware, software, and specific application development services, addressing complex integration challenges for clients [4] - The company aims to shorten R&D cycles and reduce technical risks, thereby accelerating time-to-market for clients' products [4] Financial Performance - Revenue figures for the company are as follows: - 2022: approximately 2.31 billion RMB - 2023: approximately 2.15 billion RMB - 2024: approximately 2.94 billion RMB - 2025 (as of September 30): approximately 2.82 billion RMB [5][6] - Profit figures for the same periods are: - 2022: approximately 126.6 million RMB - 2023: approximately 62.6 million RMB - 2024: approximately 134.4 million RMB - 2025 (as of September 30): approximately 113.2 million RMB [5][6]

Core Insights - The exhibition economy in China is projected to reach historical highs in 2025, with 4,095 trade exhibitions and a total exhibition area of 159 million square meters [1][2]. Group 1: Industry Trends - Emerging hotspots for exhibitions include cutting-edge fields such as artificial intelligence and smart connected vehicles, with 28 Chinese exhibitions making it to the global top 100 list, ranking second worldwide [2]. - The number of exhibitions in the central and western regions is growing faster than the national average, indicating a shift in the regional exhibition landscape [3]. Group 2: Regional Dynamics - In 2025, the eastern region will host 2,702 trade exhibitions, accounting for 65.98% of the total, while the central and western regions will see slight increases in their shares, with 620 and 631 exhibitions respectively [3]. - The 20th China Western International Expo attracted over 3,000 enterprises from 62 countries and regions, with a total investment of 354.3 billion yuan, highlighting its significance as a gateway for western development [3]. Group 3: Exhibition Scale and Structure - The number of small to medium-sized exhibitions (10,000 to 30,000 square meters) increased by 24.26%, while large exhibitions (over 100,000 square meters) grew by 15.03% [5]. - Industrial and technology exhibitions lead the industry distribution, making up 21.87% of the total, followed by consumer goods and residential services at 11.5% [5]. Group 4: International Exhibition Projects - In 2025, overseas exhibition projects are primarily concentrated in Asia and Western Europe, with Asian projects increasing by 16.07% to 520, representing 41.3% of the total [6]. - The actual transaction amount from overseas exhibitions rose by 19.09%, with an average transaction value per event increasing by 14.16% [6]. Group 5: Government Support and Policy - Local governments are implementing diverse support systems for the exhibition industry, including financial incentives and policy measures to stimulate growth [7][8]. - Initiatives such as integrating exhibitions with consumption, trade, and cultural tourism are being promoted to enhance the overall economic impact of the exhibition sector [8]. Group 6: Future Development - The exhibition industry is expected to transition towards digitalization and sustainability, with a focus on creating a low-carbon exhibition environment [10]. - The competition among cities in the exhibition economy is intensifying, with international cities aiming for world-class exhibitions and regional cities focusing on national-level events [10].