#Hong Kong #IoT #Sunmi Technology

SUNMI Technology Makes Its Mark on the HK Stock Exchange

On April 29, 2026, SUNMI Technology Group Co., Ltd., recognized as a global leader in the Business Internet of Things (BIoT), achieved a significant milestone by listing on the Main Board of the Hong Kong Stock Exchange. Trading under the stock code 06810.HK, SUNMI has become the first company in the world to be publicly traded specifically within the IoT business sector.

The ceremonial bell at the Hong Kong Stock Exchange was rung by Jack Lin, the founder, chairman, and CEO of SUNMI, along with key members of the management team. This event marked SUNMI's official entrance into the international capital markets, a moment of pride for the company and its stakeholders.

SUNMI's initial public offering (IPO) was met with overwhelming demand—oversubscribed by more than 2,000 times. The IPO successfully raised over HK$1 billion, with its shares opening at HK$97.5, reflecting an impressive 292.2% increase over the initial offering price. By the end of its debut trading day, the company had recorded a market capitalization exceeding HK$40 billion, illustrating strong investor confidence and market enthusiasm.

In a celebratory dinner following the listing, Zhe Lin, SUNMI’s founder, expressed gratitude to the governmental support, trust from investors, partnerships, and the dedication of the SUNMI staff. He stated, “The gong we rang today symbolizes more than a corporate milestone; it represents a new beginning to build a new order of digital trust for merchants worldwide, where equity drives every business dream.”

As the global landscape of commerce is transformed by artificial intelligence, SUNMI is committed to leading the charge in the Industry 4.0 era. By seamlessly connecting businesses through the Internet of Things, SUNMI is empowering retailers to make informed decisions, bolstered by AI technology. This initiative is not solely technological; it embodies a commitment to commercial equality, ensuring that small and medium enterprises are granted access to capabilities that were previously exclusive to larger corporations without necessitating the development of proprietary algorithmic teams.

As the nuances of global trade evolve, SUNMI is poised to be at the forefront of this revolution, aligning with their mission to instigate a more equitable and intelligent market ecosystem. The listing on the Hong Kong Stock Exchange is a testament to SUNMI's innovation and potential, setting the stage for the next chapter in the company’s remarkable journey as a leader in IoT solutions and paving avenues for future growth and expansion.