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Industrial inspection company SmartGiant to go public in China

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SmartGiant, a Guangzhou-based company specializing in industrial inspection, plans to go public next week in the Chinese stock market. According to its prospectus, the company is a service provider to Apple, which accounted for about 90% of its income. In 2021, SmartGiant made RMB 66.0 million ($10.5 million) in net profit with 5.1% yearly growth. [SmartGiant, IPO prospectus]

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