我们已基石投资者宝月共赢、名幸电子香港、锐明电子、Harvest、JinYi Capital、开盘财富、中兴及周 增昌先生订立基石投资协议，基石投资者将按发售价认购总金额约4.585亿港元的发售股份。我们相 信，基石配售表明了基石投资者对我们及业务前景充满信心，且基石配售将有助于提升我们的形象。 基于最高发售价每股H股28.86港元并假设发售量调整权未获行使，我们将收到的全球发售所得款项净额 约为9.445亿港元。其中，约55%预期将用于提升我们的研发及创新能力；约10%预期将用于拓展我们的 海外销售网络及在海外市场推广我们的产品；约10%预期将用于战略投资及/或收购，以实现我们的长 期增长战略；约15%预期将用于偿还2025年6月后到期的若干计息银行借款，以优化我们的财务结构并 降低借款成本；约10%预期将用于营运资金及一般公司用途。 来源：新浪港股 美格智能（03268）于2026年2月27日至2026年3月5日招股，公司拟全球发售3500万股H股，其中，香港 发售占10%，国际发售占90%，另有发售量调整权15%。发售价将不高于每股发售股份28.86港元，每手 100股，预期H股将于2026年3月10日 ...

美格智能（002881）(03268)于2026年2月27日至2026年3月5日招股，公司拟全球发售3500万股H股，其 中，香港发售占10%，国际发售占90%，另有发售量调整权15%。发售价将不高于每股发售股份28.86港 元，每手100股，预期H股将于2026年3月10日上午9时正开始在联交所买卖。 我们是领先的无线通信模组及解决方案提供商，以智能模组(尤其是高算力智能模组)为核心。我们的模 组及解决方案广泛应用于泛物联网(IoT)、智能网联车(ICV)及无线宽带领域。根据弗若斯特沙利文的资 料，于2024年，按无线通信模组业务收入计，我们在全球无线通信模组行业中排名第四，占全球市场份 额的6.4%。根据同一资料来源，全球无线通信模组市场高度集中，三大参与者于2024年占全球市场收 入的65.7%(其中最大参与者独占42.7%的市场份额)，而我们虽排名第四，市场份额仅为6.4%。 于2022年、2023年、2024年以及截至2024年及2025年9月30日止9个月，我们的总收入分别为人民币 23.06亿元、人民币21.47亿元、人民币29.41亿元、人民币21.82亿元及人民币28.21亿元，及我们的净利 ...

于2022年、2023年、2024年以及截至2024年及2025年9月30日止9个月，我们的总收入分别为人民币 23.06亿元、人民币21.47亿元、人民币29.41亿元、人民币 21.82亿元及人民币28.21亿元，及我们的净利 润分别为人民币1.266亿元、人民币6260万元、人民币1.34亿元、人民币9050万元及人民币1.13亿元。 智通财经APP讯，美格智能(03268)于2026年2月27日至2026年3月5日招股，公司拟全球发售3500万股H 股，其中，香港发售占10%，国际发售占90%，另有发售量调整权15%。发售价将不高于每股发售股份 28.86港元，每手100股，预期H股将于2026年3月10日上午9时正开始在联交所买卖。 我们已基石投资者宝月共赢、名幸电子香港、锐明电子、Harvest、JinYi Capital、开盘财富、中兴及周 增昌先生订立基石投资协议，基石投资者将按发售价认购总金额约4.585亿港元的发售股份。我们相 信，基石配售表明了基石投资者对我们及业务前景充满信心，且基石配售将有助于提升我们的形象。 我们是领先的无线通信模组及解决方案提供商，以智能模组(尤其是高算力智能模组 ...

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 - Lexin Technology confirmed on November 14 that it is complying with regulatory requirements for information disclosure and currently has no undisclosed significant matters [2] Company Overview - Lexin Technology operates in the broad Internet of Things (IoT) sector, with downstream applications including but not limited to smart home, consumer electronics, industrial control, smart agriculture, healthcare, energy management, vehicle networking, and education [2]

Market Overview - A-shares experienced fluctuations on May 9, with the Shanghai Composite Index adjusting at low levels and the ChiNext Index dropping over 1% at one point [1] - The banking sector showed resilience, with major banks like China Construction Bank, Shanghai Pudong Development Bank, and Jiangsu Bank reaching historical highs [1] - The ST sector continued its strong performance, with over 20 stocks hitting the daily limit up [1] - Semiconductor stocks declined, with Huahong Semiconductor falling over 10% [1] Sector Performance - Textile manufacturing, banking, electricity, and ST sectors saw significant gains, while semiconductor, film and television, retail, and storage chip sectors faced notable declines [2] Institutional Insights - Huatai Securities anticipates that increased investment in global AI computing power will drive high growth in the optical communication sector, with telecom operators expected to maintain steady growth [3] - Open Source Securities highlights that the recent "merger and acquisition six guidelines" have positioned central state-owned enterprises as key players in the current wave of mergers and acquisitions, particularly in hard technology [3] Economic Data - In the first four months, China's imports and exports to neighboring countries grew by 5.1%, with trade relations deepening [5] - In April, China's exports in USD terms increased by 8.1%, outperforming expectations, while imports slightly decreased by 0.2% [6] Company Updates - Semiconductor giants SMIC and Huahong Semiconductor have not announced any A-share shareholder reductions recently, despite changes in shareholding by a significant investor [7][8]