MeiG Smart Technology Co Ltd (Ticker: 3268 HK) is a Chinese company focusing on wireless communication modules and solutions, specifically high-computing-power smart modules for the Internet of Things (IoT), intelligent connected vehicles, and wireless broadband sectors. MeiG Smart Technology plans to list its H shares on the Hong Kong Stock Exchange on March 10, 2026, planning to offer 35,000,000 shares at an expected price of HKD 28.86, raising a total offer size of HKD 1.01 billion (approximately USD 129.11 million).

According to sources, MeiG Smart Technology plans to use the IPO proceeds for research and development, enhancing product capacity, brand promotion, business development, working capital, strategic acquisitions, and debt repayment. Reportedly, the company ranked fourth in the global wireless communication module industry by revenue in 2024, holding a 6.4% market share. Its customized offerings address complex integration challenges, providing combined hardware, software, and tailored R&D services to its clients. China International Capital Corporation Hong Kong Securities Limited is acting as the sponsor for the offering, supported by a syndicate including BNP Paribas Securities.