IPO News | Meijia Co., Ltd. sprints to the Hong Kong Stock Exchange to use its technology for every 10 smart cockpit cars

Zhitongcaijing · 06/30 13:09

The Zhitong Finance App learned that according to the Hong Kong Stock Exchange's disclosure on June 30, Meijia Co., Ltd. (abbreviation: Meijia Shares) submitted a listing application to the main board of the Hong Kong Stock Exchange, and CICC, Citibank, and Deutsche Bank were its co-sponsors.

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According to the prospectus, Meijia Co., Ltd. is a leading innovation-driven automotive technology company dedicated to reshaping future mobility. The company focuses on developing and delivering integrated domain control solutions with artificial intelligence (AI) as the core to help OEMs build the next generation of software-defined vehicles.

Although Meijia Co., Ltd. is currently focusing on the automotive sector, the technology and capabilities built by the company, including a modular software architecture, seamless integration of intelligent functions and hardware, are not only a gradual upgrade of traditional cars, but also laying the foundation for tomorrow's smart mobility and even a broader future.

Since the first model equipped with the company's solutions was mass-produced in 2022, Meijia Co., Ltd. has experienced strong growth. As of June 22, 2025, the company's solutions have been widely used in various models of leading OEMs including Chery, Changan, Dongfeng, Changan Mazda, Nissan and Ford. In 2024, about every ten new cars in China equipped with an intelligent cockpit domain control system will have a solution using Meijia Co., Ltd. This achievement confirms the OEMs' trust in Meijia, and also highlights the excellent quality and large-scale implementation capabilities of its solutions.

With this good momentum, Meijia Co., Ltd. is expanding its domestic market share and global influence. Meijia Co., Ltd. is cooperating with international OEMs to bring the company's solutions to new global markets. It is expected that by the end of 2025, products equipped with Magijia technology will expand to more than 40 countries and regions. This rapid expansion not only highlights Meijia's ability to solve FPC's impossible triangle globally, but also strengthens its position as a trusted partner for OEMs and helps build a new generation of “software-defined vehicles” for the future.

In terms of performance, in 2022, 2023, and 2024, Meijia Co., Ltd. achieved revenue of approximately 388 million yuan, 1,513 billion yuan, and 1.42 billion yuan respectively; in the same period, the company achieved gross profit of 73.559 million yuan, 183 million yuan, and 309 million yuan respectively.

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