Shenzhen Inovance Technology Co., Ltd. (300124.SZ) has submitted a listing application to the main board of the Hong Kong Stock Exchange. The joint sponsors for the offering are Morgan Stanley, China International Capital Corporation, Guotai Junan International, and Bank of America Securities. According to the prospectus, data from Frost & Sullivan shows that by 2025 revenue, Inovance Technology is the top-ranked Chinese company in the global industrial automation and digitalization sector. It also ranks among the top three global third-party suppliers of new energy vehicle power systems.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments