New Stock News | Send Electric Submits Hong Kong Exchange

According to the Securities Times app, as disclosed by the Hong Kong Stock Exchange on June 10th, Fujian Sendai Electric Co., Ltd. (referred to as Sendai Electric) has submitted its application to the main board of the Hong Kong Stock Exchange, with Guotai Junan International as its exclusive sponsor. According to the prospectus, the company was established in 1995 and is a technology-driven provider of intelligent distribution equipment and control systems, mainly serving the data center and power grid applications. According to Frost & Sullivan data, based on the revenue of complete distribution equipment solutions for the data center industry (a subdivision of the communications industry) by 2025, the company ranks second with a 3.3% market share.