New Stock News | Shengtai Technology submits application to Hong Kong Stock Exchange to become the largest domestic supplier in China's car-mounted millimeter wave radar market

According to the Zhichong Financial APP, it was revealed by the Hong Kong Stock Exchange on December 24th that Shenzhen Chengtai Technology Co., Ltd. (referred to as Chengtai Technology) has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with Guotai Junan International as its sole sponsor. According to data from Zhishizhixun, in 2024, in terms of shipment volume, Chengtai Technology is the largest domestic supplier in the Chinese automotive millimeter wave radar market, and in terms of shipment volume, the company is the third largest supplier in the Chinese automotive millimeter wave radar market, with market shares of 9.3% and 4.5% respectively.