Qiniu Smart (02567) was listed for the first time. According to the announcement, each share was priced at HK$2.75, and a total of 0.16 billion shares were issued. Each lot was 1,000 shares, and the net proceeds were approximately HK$0.3672 billion. As of press release, it decreased by 41.82% to HK$1.6, with a turnover of HK$25.7732 million.
The Zhitong Finance App learned that Qiniu Smart (02567) was listed for the first time. The announcement showed that each share was priced at HK$2.75, and a total of 0.16 billion shares were issued, with a total of 1,000 shares per lot. The net proceeds were approximately HK$0.3672 billion. As of press release, it decreased by 41.82% to HK$1.6, with a turnover of HK$25.7732 million.
According to reports, Qiniu Smart is one of the first platforms to provide audio and video cloud services in China, and is committed to becoming the world's leading one-stop scenario-based intelligent audio and video service provider. The company mainly provides audio and video PaaS services (mPaaS) and application platform as a service (aPaaS). The company is one of the few companies in China that has the technical ability to develop comprehensive and high-performance mPaaS products and integrate and cover all aspects of the audio and video business.
According to iResearch, in terms of revenue in 2023, the company is the third-largest audio and video PaaS service provider in China, with a market share of 5.8%; in terms of 2023 APaaS revenue, the company is also the second-largest audio and video aPaaS service provider in China, with a market share of 14.1%.