Graffiti Smart is listed in Hong Kong today, with a slightly high opening of 1.35% in the early days

On July 5, Capital State learned that graffiti intelligence (02391.HK) was officially listed on the Hong Kong Stock Exchange today.

In the early trading, graffiti intelligence opened slightly by 1.35%at a slightly high HK $ 19.56, and once rose by more than 3%.As of press time, the increase has fallen to 0.41%to HK $ 19.38, with the latest market value of HK $ 11.2 billion.

According to the previous results of the IPO distribution, the smart sale price of graffiti was HK $ 19.3 per share, 200 shares per hand, and issued 7.3 million shares in the world, of which 730,000 shares were sold in Hong Kong and 6.57 million shares were available internationally.

According to the information of Burning Consultation, graffiti intelligence has established the world's first IoT cloud development platform.In 2020 and 2021, the company had about 5,000 and 8,400 customers, mainly including brand Fang, OEM, industry operators and system integrators.

From 2019 to 2021, the company's revenue was US $ 106 million, $ 180 million, and $ 302 million, respectively. The annual compound growth rate from 2019 to 2021 was about 69.0%.During the period, the company generated US $ 52 million, $ 77.4 million, and US $ 174 million in R & D expenses, accounting for 49.2%, 43.0%and 57.7%of the total revenue of the same period.

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