Group 1 - The core point of the article is that Shanghai Sunmi Technology Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with Deutsche Bank, CITIC Securities, and Agricultural Bank of China International as joint sponsors [1] - Sunmi Technology is recognized as a leading provider of Business Internet of Things (BIoT) solutions globally, and it holds over 10% market share in the Android-based BIoT solutions sector as of 2024 [1]