New Stock News | Fibocom Wireless Inc. (300638.SZ) conducted a hearing at the Hong Kong Stock Exchange, leading the way in wireless communication modules with "5G+AI" dual-wing resonance.

According to the disclosure by the Hong Kong Stock Exchange on October 5th, Fibocom Wireless Inc., a wireless limited company in Shenzhen, has conducted a hearing for listing on the main board of the Hong Kong Stock Exchange, with CITIC SEC as its exclusive sponsor. Fibocom Wireless Inc. (300638.SZ) is already listed on the Shenzhen Stock Exchange. According to Frost Sullivan, Fibocom Wireless Inc. is the world's second largest wireless communication module provider with a global market share of 15.4% (based on revenue from continuous operations in 2024). According to the prospectus, Fibocom Wireless Inc. is a leading provider of wireless communication modules. The company's module products include data transmission modules, smart modules, and AI modules. In addition, the company provides customized solutions to customers based on its module products and understanding of downstream application scenarios, including end-side AI solutions, Siasun Robot & Automation solutions, and other solutions. With its R&D strength, Fibocom Wireless Inc. has continuously made breakthroughs in the iteration of various generations of wireless communication technologies. For example, in 2019, Fibocom Wireless Inc. jointly released one of the world's first 5G data transmission modules with Intel, and launched one of the world's first 5G data transmission modules integrated with blockchain technology. In 2020, the company collaborated with China United Network Communications to release one of the world's first 5G+eSIM modules and one of the first 5G data transmission modules equipped with domestic chips in China. In the global wireless communication module market, Fibocom Wireless Inc. ranks as a leader in market share in multiple downstream application scenarios. Specifically, in the field of automotive electronics, Fibocom Wireless Inc. ranks second globally with a market share of 14.4% (based on revenue from continuous operations). In 2024, the market size of automotive electronic applications in terms of revenue is 11.7 billion RMB, accounting for 26.8% of the global wireless communication module market in downstream application areas. In the field of smart homes, Fibocom Wireless Inc. ranks first globally with a market share of 36.6% (based on revenue from continuous operations in 2024). In 2024, the market size of smart home applications in terms of revenue is 6.6 billion RMB, accounting for 15.1% of the global wireless communication module market in downstream application areas. Additionally, in the field of consumer electronics, Fibocom Wireless Inc. ranks first globally with a market share of 75.9% (based on revenue from continuous operations in 2024). In 2024, the market size of consumer electronic applications in terms of revenue is 2.2 billion RMB, accounting for 5.0% of the global wireless communication module market in downstream application areas. Financially, in the fiscal years 2022, 2023, 2024, and January-April 2025, Fibocom Wireless Inc. had revenues of approximately 5.203 billion RMB, 5.652 billion RMB, 6.971 billion RMB, and 2.481 billion RMB respectively; during the same period, net profits were approximately 365 million RMB, 565 million RMB, 677 million RMB, and 160 million RMB respectively.