Meike Power Electronics Submits Hong Kong IPO Application; Ranks First in China's Commercial Display Power Market in 2025 with 62.3% Share

According to Hong Kong Stock Exchange disclosures on June 26, Shenzhen Meike Power Electronics Co., Ltd. (002851.SZ), listed on China's A-shares since 2017, has submitted its application for a main board listing on the Hong Kong Stock Exchange, with Huatai International and Citi as joint sponsors. According to Frost & Sullivan data, Meike ranked first in China's commercial display power market by revenue in 2025, with a market share of 62.3%, and is among the world's broadest global power product suppliers. The company reported revenues of approximately 6.754 billion yuan (2023), 8.172 billion yuan (2024), and 9.403 billion yuan (2025).
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