SUNMI TECH-W (06810), referred to as the pioneering AI-powered commercial IoT stock, demonstrated robust performance during its pre-market trading session on April 28. At the time of reporting, the pre-market trading price reached a high of HK$110, representing a significant surge of 342.48% compared to its IPO price of HK$24.86. With each board lot consisting of 100 shares, investors could potentially earn HK$8,514 per lot before accounting for transaction fees. The company is scheduled to commence official trading on the Hong Kong Stock Exchange on April 29. Deutsche Bank, CITIC Securities, and ABCI are acting as joint sponsors for the offering.

As a global leader in Android-based commercial Internet of Things (BIoT) solutions, SUNMI TECH-W has introduced the industry's first PaaS platform known as "SUNMI Mini Program." This low-code modular platform comprises over 1,000 modules and serves more than 20 vertical industries. According to data from CIC, SUNMI TECH-W holds a market share exceeding 10% in the global Android BIoT sector based on 2024 revenue, ranking first worldwide.

The company currently serves approximately 64,000 commercial partners globally. Its market penetration is particularly notable, with coverage exceeding 70% among China's top 100 restaurant brands and over 60% among the top 100 chain store operators. This strong market presence is supported by long-term backing from major strategic investors including Ant Group, Meituan, and Xiaomi Technology, with these three key shareholders collectively holding more than 43% of the company's shares.