New Stock News | Yuan Guang Technology Hong Kong Stock Listed Approved by China Securities Regulatory Commission

On January 7, the International Cooperation Department of the China Securities Regulatory Commission issued a notice of filing for the initial public offering of shares overseas by MetaLight Inc. The company intends to issue no more than 28,584,400 ordinary shares for listing on the Main Board of The Stock Exchange of Hong Kong Limited. According to HKEX as of December 31, 2024, MetaLight Technology submitted an application for listing on the Main Board of HKEX, with CICC as its exclusive sponsor. The prospectus shows that MetaLight Technology is a data intelligence company that provides time-series data intelligence services in the public transportation sector. The company focuses on using time-series data (data points arranged in chronological order) to discover and predict trends, patterns, and fluctuation characteristics over time. Through the use of big data analysis and artificial intelligence technology, MetaLight Technology's flagship mobile application, CarLaiLai, provides precise forecasts and supports intelligent decision-making for individuals, businesses, and governments in various application scenarios. According to Zhushi Consulting, the company's flagship mobile application CarLaiLai, driven by big data analysis and artificial intelligence technology, is the largest real-time public transportation information service platform covering Chinese cities in 2023. The company's popular mobile app has attracted millions of active users, generating a stable foundation for mobile advertising revenue through extensive audience coverage.