Boantong Technologies files for GEM listing on HKEX; IoT wireless communications and PCBA solutions provider offering over 160 specifications

NewTimeSpace News: On 30 August 2026, Boantong Technologies Limited filed a listing application on the GEM of HKEX. The Company is a well-known IoT wireless communications and PCBA solutions provider in China, focusing on wireless modules, antennas and PCBA solutions. With over 20 years of experience in the general IoT wireless communications industry, it provides comprehensive solutions covering consumer electronics, industrial electronics and energy electronics.

According to the announcement, the Company's wireless communications solutions portfolio comprises three parts: wireless modules, which mainly convert digital data into radio signals and process received radio waves back into data to enable cloud connectivity and data transmission for devices such as smart thermostats and smart locks, with the Company also providing SDK development kits including coding tools, hardware drivers, libraries and software templates; antennas, which mainly capture radio waves received in the air and radiate signals into space, enabling signal enhancement and wireless communication stability for outdoor routers and asset trackers; and printed circuit board assembly (PCBA), which carries electronic components such as wireless modules and antennas as fully functional units in smart products such as gas sensors, temperature-controlled pots and alarm clocks.

As of the last practicable date, the Company offers solutions in over 160 specifications and serves more than 1,500 customers annually, enabling it to provide comprehensive solutions addressing compatibility and connectivity between customers' end products and their respective systems. The Company achieved 11.4% year-on-year revenue growth between 2024 and 2025.

In terms of customer structure, the Company's major customers are mainly located in China, accounting for 94.5%, 90.7%, 89.4% and 94.9% of total revenue for the two years ended 31 December 2024 and 2025 and the six months ended 30 June 2025 and 2026 respectively.

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