COSMOPlat IoT Re-files for Hong Kong IPO with CICC and HSBC as Joint Sponsors

NewTimeSpace News: COSMOPlat IoT Technology Co., Ltd. re-filed its listing application with the Hong Kong Stock Exchange on July 30, with CICC and HSBC acting as joint sponsors. The Company is an industrial intelligent products and solutions service provider. According to Frost & Sullivan, the Company ranked No.1 among platform-based industrial data intelligence solutions service providers in China and No.1 in the home appliance industry's edge intelligent controller sector, both by 2025 revenue.

NewTimeSpace News: COSMOPlat IoT Technology Co., Ltd. re-filed its listing application with the Hong Kong Stock Exchange on July 30, 2026, with CICC and HSBC acting as joint sponsors.

The Company is an industrial intelligent products and solutions service provider, with business spanning IoT products (including variable frequency controllers and system controllers) and data intelligence solutions. Its products and solutions have achieved large-scale commercial application, with deep penetration across vertical industries including home appliances, machinery and equipment, electronics, automotive, and energy and chemicals, serving a cumulative total of over 9,600 paying customers.

According to Frost & Sullivan, based on 2025 revenue, the Company ranked No.1 among platform-based industrial data intelligence solutions service providers in China with a market share of 1.7%, and ranked No.1 in the edge intelligent controller sector of China's home appliance industry with a market share of 4.3%.

The Company has independently developed the COSMOPlat Industrial Internet Platform, driven by an industrial large model. It is one of the first "Cross-Industry, Cross-Domain Industrial Internet Platforms" certified by the MIIT and has topped the list for seven consecutive years. Rooted in mass customization expertise and Haier Group's 40-year intelligent manufacturing experience, the platform deconstructs the full manufacturing value chain into seven modules — demand interaction, R&D, marketing, procurement, production, logistics, and services — supporting cross-industry and cross-domain promotion and application.

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