Shanghai Sunmi Technology Co., Ltd. (Ticker: 6810 HK) is a Chinese company specializing in Business Internet of Things solutions and smart commercial equipment, such as self checkout terminals. Shanghai Sunmi Technology plans to list on the Hong Kong Stock Exchange on April 29, 2026, planning to offer 42.63 million shares at a price of HKD 24.86, raising HKD 1.06 billion (USD 135.33 million). Based on the offering details, the implied market capitalization is expected to reach USD 965.30 million.

According to the prospectus, the company is a leading global Android-based BIoT solution provider. It integrates hardware, software, and data insights to streamline business operations such as payments, order fulfillment, and inventory management, powered by its proprietary SUNMI OS. The corporate structure for the listing involves an H Share issuance.

As reported in the published terms, Shanghai Sunmi Technology plans to use the IPO proceeds primarily for research and development and product capacity enhancements. Additional funds will reportedly be allocated toward brand promotion, business development, working capital, and strategic acquisitions. The joint sponsors and underwriters managing the offering include CITIC Securities, Deutsche Bank, and ABCI Capital.