The first day of new stock | Nations Technologies Inc. (02701) debuted on the market, opening 32.41% higher in the early session. Ranked among the top five Chinese companies in the global MCU market.

Nations Technologies Inc. (02701) has been listed on the stock market for the first time. The announcement shows that each share is priced at 10.8 Hong Kong dollars, with a total of 95 million shares issued, and 200 shares per lot, resulting in a net amount of approximately 944 million Hong Kong dollars. As of the time of writing, the stock has risen by 32.41% to 14.3 Hong Kong dollars, with a trading volume of 104 million Hong Kong dollars. According to data from Zhaoshi Consulting, based on the 2024 revenue calculations, the company ranks among the top five Chinese companies in the global platform-type microcontroller unit (MCU) market, and among the top three Chinese companies in the global 32-platform MCU market. Additionally, according to Zhaoshi Consulting, based on the 2024 revenue calculations, the company ranks first in the Chinese MCU market with built-in commercial encryption algorithm modules. In addition, both the Shanghai Stock Exchange and the Shenzhen Stock Exchange have announced that Nations Technologies Inc. is not subject to the price stabilization period mechanism on the Hong Kong Stock Exchange, and has been listed on the A-share market for more than 10 trading days. According to relevant regulations, Nations Technologies Inc. will be included in the list of Hong Kong Stock Connect securities, with the adjustment taking effect from March 23, 2026.