Core Viewpoint - Xiamen Ruiyun Lianxin Technology Co., Ltd. has submitted an application for an initial public offering (IPO) of overseas listed shares (H-shares) on the Hong Kong Stock Exchange, aiming for a listing on the main board [2]. Group 1: Company Overview - Established in 2012, Ruiyun Lian is located in Xiamen Torch High-tech Zone Software Park Innovation Building and is a leading global provider of intelligent cloud intercom research, manufacturing, and solutions [4]. - The company's brand Akuvox integrates the latest technologies in network communication, intercom, security, artificial intelligence, cloud computing, and mobile internet, establishing industry-leading R&D capabilities and unique advantages [4]. - Ruiyun Lian's products serve over 110 countries and regions globally, providing comprehensive solutions for residential/community, business offices, elderly care, and public alarm systems, meeting quality requirements in the mid-to-high-end markets of Europe and the United States [4]. Group 2: Market Position and Performance - According to Frost & Sullivan, Ruiyun Lian is the largest provider of intelligent intercom solutions in North America and Europe by shipment volume projected for 2024 [4]. - As of September 30, 2025, the cumulative global sales of the company's smart community solutions are close to approximately 2 million units [4]. - The company has over 1 million mobile application users and has established solid partnerships with more than 180 distributors across 66 countries [4]. Group 3: Future Prospects - A responsible party indicated that if the IPO is successful, Ruiyun Lian will gain more resources to expand its global business and further consolidate its leading position in the intelligent intercom solutions sector [6].