New Stock News | Shanghai W-Ibeda High Tech. Group (688071.SH) submits application to Hong Kong Stock Exchange

According to the disclosure on February 24 by the Hong Kong Stock Exchange, Shanghai W-Ibeda High Tech. Group Co., Ltd. (referred to as Shanghai W-Ibeda High Tech. Group) submitted an application for listing on the main board of the Hong Kong Stock Exchange, with BOCI Asia as its exclusive sponsor. The prospectus shows that Shanghai W-Ibeda High Tech. Group (688071.SH) is China's leading and globally competitive new energy vehicle powertrain testing platform. The company operates through three main business divisions. The new energy vehicle powertrain testing services, supported by its own testing equipment, provide integrated testing, engineering consulting, and technical development services throughout the entire automotive value chain. The company's intelligent driving business includes intelligent driving testing services and the manufacturing of high-precision positioning products.