On March 25th, 2025, Hubei Miran Technology Co., Ltd (Miran Technology) successfully obtained a letter of consent from the National Small and Medium-sized Enterprises Stock Transfer System Limited Liability Company (Nationwide Stock Transfer Company), and was officially listed on the “New OTC Market”. This milestone event marks the new starting point of Miran Technology in the capital market, and also signifies that the company will usher in a broader space and opportunities for development.
Established in September 2007 with a registered capital of 50 million RMB, Miran Technology is a “small giant” enterprise. The company's main business is the research and development, production and sales of displacement sensors, covering linear displacement sensors, angular displacement sensors, inclination displacement sensors and other domestic and international mainstream sensor varieties. These sensors are widely used in the field of intelligentization, automation control and environmental displacement monitoring, showing strong technical strength and market competitiveness.
In recent years, Miran Technology has achieved significant growth in revenue and profit, showing strong momentum of development. In order to be listed on the “New OTC Market”, the company has started the systematic preparation work since the beginning of 2023. During this period, Miran Technology introduced a professional team, established a listed company compliance management system, and successively completed the shareholding system reform and listing declaration. At the same time, the company also set up a special listing team headed by the chairman of the board of directors, and went to Beijing and Wuhan several times to communicate and dock with the National Stock Transfer Corporation, Wuhan Equity Trust and Exchange Center and other relevant institutions to ensure the smooth progress of the listing work. The National Stock Transfer Company formally issued a letter of approval for listing on March 20, 2025 after strict examination of Miran Technology's listing application. The successful listing of Miran Technology is not only an affirmation of the company's past efforts and achievements, but also a strong impetus for future development. The person in charge of the company said that after the listing, the company will accelerate the construction of the third phase of the project with an annual output of 500,000 intelligent sensors, further expand the market share and enhance the brand influence.
As another fruit of Xiangyang's “listing cultivation project”, the successful listing of Miran Technology also highlights the city's great attention and active action in listing enterprises. In recent years, Xiangyang City has taken the cultivation of listed companies as an important way to accelerate the development of new quality productive forces, and has made efforts to establish a hierarchical list of “Golden Seeds” and “Silver Seeds”, and implemented the “Golden Seeds” program for 43 “Golden Seeds” enterprises such as Miran Technology. The company has implemented “one enterprise, one special class” tracking service for 43 “golden seed” enterprises such as Miran Technology, encouraging more high-quality enterprises to go to the capital market for financing. Up to now, Xiangyang City has 13 listed enterprises, 7 New OTC Market listed enterprises, 43 “Golden Seed” enterprises and 84 “Silver Seed” enterprises in the provincial listing reserve, providing strong financial support for the development of a regional central city in the central and western regions. support.
The successful listing of Miran Technology not only injects new vitality into the development of the company itself, but also adds new highlights to the development of the capital market in Xiangyang City and even the whole Hubei Province. In the future, Miran Technology will continue to uphold the spirit of innovation, pragmatism and high efficiency, and continuously improve its core competitiveness and market influence to create greater value for shareholders and contribute more to the society.
