Guanglian Technology Holdings (02531) was listed for the first time. According to the announcement, it was priced at HKD 4.7 per share, with a total of 63.6 million shares issued and 500 shares per lot. The net proceeds were about HKD 0.23027 billion. As of the time of publication, it has risen by 16.6%, to HKD 5.48, with a turnover of HKD 8.2138 million.
According to the Smart Finance app, Guanglian Technology Holdings (02531) was listed for the first time. According to the announcement, it was priced at HKD 4.7 per share, with a total of 63.6 million shares issued and 500 shares per lot. The net proceeds were about HKD 0.23027 billion. As of the time of publication, it has risen by 16.6%, to HKD 5.48, with a turnover of HKD 8.2138 million.
It is reported that Guanglian Technology Holdings (DiJia) is a provider of in-car hardware and SaaS marketing and management services for participants in the Chinese automotive after-market industry. It focuses on selling in-car hardware products and providing SaaS marketing and management services to industry participants on the value chain, including SaaS subscription services and value-added SaaS services. During the reporting period, the company's in-car hardware products were mainly installed in ICEVs (internal combustion engine vehicles).
According to the report by Zuknow Consulting, based on the revenue in 2023, the company ranks first among SaaS marketing and management service providers for the Chinese automotive after-market industry, with a market share of 6.1%. Based on the revenue in 2023, the company ranks third among in-car hardware providers for the Chinese automotive after-market industry, with a market share of 3.4%.