IPO News | Haier's COSMOPlat Files for Hong Kong Listing

Stock News
Feb 01

According to a January 30th filing with the Hong Kong Stock Exchange, COSMOPlat Industrial Internet Technology Co., Ltd. (COSMOPlat) has submitted an application for a main board listing. China International Capital Corporation (CICC) and HSBC are acting as the joint sponsors for the offering. The prospectus reveals that COSMOPlat is a leading Chinese provider of industrial digitalization and intelligentization products and solutions, dedicated to advancing high-quality manufacturing development through the deep integration of advanced technologies like artificial intelligence, the Internet of Things, and big data with industrial processes. The company has independently developed the COSMOPlat industrial internet platform, establishing a technical architecture that deeply integrates industrial intelligent software and agent applications, industrial operating systems and the industrial brain, and IoT systems with edge computing. It offers enterprises integrated end-to-cloud data intelligence and IoT products and solutions to facilitate their digital and intelligent transformation. The company's history dates back to April 2017, when it was established in China as a limited liability company under the name Haier Industrial Holdings Co., Ltd., and it is a member of the Haier Group.

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