Banma Network's Hong Kong IPO Application Lapses After Six Months

Stock News

Feb 20

Banma Network Technology Co., Ltd., known as Banma Zhixing, saw its Hong Kong IPO application expire on February 20, 2026, after being submitted on August 20, 2025. The six-month validity period for the application has lapsed. At the time of filing, Deutsche Bank, China International Capital Corporation, and Guotai Junan International served as joint sponsors. According to data from CIC, Banma Zhixing was the largest software-centric smart cockpit solutions provider in China by revenue in 2024. Based on the same source, it also ranked first by the number of solutions deployed. The company is one of only two third-party suppliers in China that fully self-develop automotive operating systems, and it is the sole provider that seamlessly integrates three core pillars of the smart vehicle experience—system-level OS solutions, end-to-end AI solutions, and automotive platform services—to deliver a differentiated cockpit solution business model.

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.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1114821234"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1114821234\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1114821234?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-20 08:58","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1114821234","market":"fut","top_or_hot":-1,"title":"Banma Network's Hong Kong IPO Application Lapses After Six Months","media":"Stock News","content":"<p>Banma Network Technology Co., Ltd., known as Banma Zhixing, saw its Hong Kong IPO application expire on February 20, 2026, after being submitted on August 20, 2025. The six-month validity period for the application has lapsed. At the time of filing, Deutsche Bank, China International Capital Corporation, and Guotai Junan International served as joint sponsors. According to data from CIC, Banma Zhixing was the largest software-centric smart cockpit solutions provider in China by revenue in 2024. Based on the same source, it also ranked first by the number of solutions deployed. The company is one of only two third-party suppliers in China that fully self-develop automotive operating systems, and it is the sole provider that seamlessly integrates three core pillars of the smart vehicle experience—system-level OS solutions, end-to-end AI solutions, and automotive platform services—to deliver a differentiated cockpit solution business model.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Banma Network's Hong Kong IPO Application Lapses After Six Months</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBanma Network's Hong Kong IPO Application Lapses After Six Months\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-02-20 08:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Banma Network Technology Co., Ltd., known as Banma Zhixing, saw its Hong Kong IPO application expire on February 20, 2026, after being submitted on August 20, 2025. The six-month validity period for the application has lapsed. At the time of filing, Deutsche Bank, China International Capital Corporation, and Guotai Junan International served as joint sponsors. According to data from CIC, Banma Zhixing was the largest software-centric smart cockpit solutions provider in China by revenue in 2024. Based on the same source, it also ranked first by the number of solutions deployed. The company is one of only two third-party suppliers in China that fully self-develop automotive operating systems, and it is the sole provider that seamlessly integrates three core pillars of the smart vehicle experience—system-level OS solutions, end-to-end AI solutions, and automotive platform services—to deliver a differentiated cockpit solution business model.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"","article_id":"1114821234","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1114821234","pubTimestamp":1771549095,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Banma Network Technology Co., Ltd., known as Banma Zhixing, saw its Hong Kong IPO application expire on February 20, 2026, after being submitted on August 20, 2025. The six-month validity period for...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"91223":"斑马网络技术股份有限公司（临时代码）","BK4588":"碎股","VT":"世界全股市ETF-Vanguard","BK4585":"ETF&股票定投概念","VXUS":"国际股票ETF-Vanguard"},"translate_title":"斑马网络香港IPO申请半年后失效","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"91223":1,"VT":1,"VXUS":1},"content_text":"Banma Network Technology Co., Ltd., known as Banma Zhixing, saw its Hong Kong IPO application expire on February 20, 2026, after being submitted on August 20, 2025. The six-month validity period for the application has lapsed. At the time of filing, Deutsche Bank, China International Capital Corporation, and Guotai Junan International served as joint sponsors. According to data from CIC, Banma Zhixing was the largest software-centric smart cockpit solutions provider in China by revenue in 2024. Based on the same source, it also ranked first by the number of solutions deployed. The company is one of only two third-party suppliers in China that fully self-develop automotive operating systems, and it is the sole provider that seamlessly integrates three core pillars of the smart vehicle experience—system-level OS solutions, end-to-end AI solutions, and automotive platform services—to deliver a differentiated cockpit solution business model.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}